Research Educational Foundation Inc
- Assets
- $3.8m
- Revenue
- $586.3k
- Investments
- $3.5m
- Employees
- 1
- Location
- Dallas, TX
- Founding
- 06/1968
- Data as of
- 07/2022
- EIN
- 75-1247639
Organization Overview
Research Educational Foundation Inc is located in Dallas, TX. The organization was established in 1968. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research Educational Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Research Educational Foundation Inc generated $586.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $263.7k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Research Educational Foundation Inc has awarded 32 individual grants totaling $325,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SPREAD THE GOSPEL OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH EDUCATIONAL FOUNDATION SPREADS THE GOSPEL OF JESUS CHRIST THROUGH THE SUPPORT OF OTHER 501(C)(3) ORGANIZATIONS DEDICATED TO CONDUCTING PROGRAMS THAT GLORIFY JESUS AND MINISTER TO THE BODY OF CHRIST.
RESEARCH EDUCATIONAL FOUNDATION SPREADS THE GOSPEL OF JESUS CHRIST THROUGH THE SUPPORT OF OTHER 501(C)(3) ORGANIZATIONS DEDICATED TO CONDUCTING PROGRAMS THAT GLORIFY JESUS AND MINISTER TO THE BODY OF CHRIST.
RESEARCH EDUCATIONAL FOUNDATION SPREADS THE GOSPEL OF JESUS CHRIST THROUGH THE SUPPORT OF OTHER 501(C)(3) ORGANIZATIONS DEDICATED TO CONDUCTING PROGRAMS THAT GLORIFY JESUS AND MINISTER TO THE BODY OF CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Thomas Sec/treas/vp | 40 | $45,500 | |
C Tim Villasana Director | 1 | $0 | |
Stanley Thomas President/di | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14 |
| Interest on Savings | $0 |
| Dividends & Interest | $95,543 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $488,421 |
| Capital Gain Net Income | $488,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,368 |
| Total Revenue | $586,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $15,115 |
| Interest | $0 |
| Taxes | $1,800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,486 |
| Total operating and administrative expenses | $88,742 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $263,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,708 |
| Savings and temporary cash investments | $252,370 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,278,647 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,829,798 |
| Accounts payable and accrued expenses | $29 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29 |
Grants Awarded
Over the last fiscal year, Research Educational Foundation Inc has awarded $175,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Humble, TX PURPOSE: GENERAL SUPPORT | $25,000 |
Westerville, OH PURPOSE: GENERAL SUPPORT | $25,000 |
WAY FM PURPOSE: GENERAL SUPPORT | $25,000 |
Plano, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Euless, TX PURPOSE: GENERAL SUPPORT | $10,000 |
McAllen, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Commit2dallas Dallas, TX | $16,002,925 | $24,480,125 |
Democratic Schools Research Inc Bryan, TX | $2,903,255 | $4,365,603 |
Research Bridge Partners Inc Austin, TX | $2,472,916 | $254,847 |
Public Laboratory For Open Technology And Science Inc New Orleans, LA | $742,404 | $218,908 |
Docent Research Group Austin, TX | $292,611 | $863,978 |
Disinformation Index Foundation San Antonio, TX | $63,059 | $367,228 |
Measure Austin Austin, TX | $105,563 | $325,374 |
Arkansans For Education Reform Foundation Little Rock, AR | $813,823 | $448,594 |
Arts & Design Alumni Research Austin, TX | $671,020 | $702,926 |
Gulf Offshore Research Institute Mandeville, LA | $98,659 | $236,708 |
Research Educational Foundation Inc Dallas, TX | $3,829,798 | $586,346 |
Libertarian Institute Round Rock, TX | $253,702 | $364,609 |