Dallas Margarita Society Inc

Organization Overview

Dallas Margarita Society Inc, operating under the name Dallas Childrens Charities, is located in Dallas, TX. The organization was established in 1979. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Childrens Charities 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 12/2021, Dallas Childrens Charities generated $379.3k 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 (6.6%) each year. All expenses for the organization totaled $287.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Dallas Childrens Charities has awarded 180 individual grants totaling $2,133,965. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DALLAS MARGARITA SOCIETY PROVIDES AT-RISK DALLAS/FORT WORTH METROPLEX CHILDREN WITH GIFTS AT CHRISTMAS TIME AND HELPS COMMUNITY ORGANIZATIONS ... (CONTINUED ON SCHEDULE O)

Describe the Organization's Program Activity:

THE DALLAS MARGARITA SOCIETY (DMS) COLLECTED AND DISTRIBUTED TOYS VALUED AT $3,920 TO DISADVANTAGED KIDS ATTENDING THE LOVE FOR KIDS CHRISTMAS PARTY. THE PARTY, HAVING OVER 3,000 UNDERPRIVILEGED KIDS, IS BY INVITATION ONLY AND GROUPS ARE INVITED THROUGH LOCAL RECREATION CENTERS, SCHOOLS, AND OTHER AGENCIES FROM A MASTER LIST THAT HAS BEEN ACCUMULATED OVER MANY YEARS. CHILDREN BETWEEN THE AGES OF 6-12 ENJOY A DAY OF ENTERTAINMENT, HORSEBACK RIDING, OUTDOOR GAMES, HAY-RIDES, BUBBLE BOUNCE, CARNIVAL GAMES, FOOD AND PRIZES. THE REMAINING TOYS VALUED AT $147,490 WERE DISTRIBUTED TO VARIOUS OTHER ORGANIZATIONS DEDICATED TO HELPING UNDERPRIVILEGED CHILDREN IN TEXAS. DMS DONATED AN ADDITIONAL $5,000 IN CASH TO LOVE FOR KIDS, AN ORGANIZATION WHICH HOSTS OVER 3,000 CHILDREN FROM ALL ETHNIC GROUPS FOR THE LARGEST CHRISTMAS PARTY FOR UNDERPRIVILEGED CHILDREN IN TEXAS.


DMS DONATED TOYS VALUED AT $13,240 TO THE DPD YOUTH FOUNDATION TO SUPPORT PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN.


DMS DONATED TOYS VALUED AT $13,965 TO ADAM'S ANIMALS TO SUPPORT PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Jerry Jones
VP - Charity Ball
$0
Mike Hsu
VP - Sponsorship
$0
Danny Everett
President
$0
Derrick Chance
VP - Charity
$0
Graham Keefe
VP - Silent Auction
$0
Aaron Cottle
VP - Golf Tournament
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$11,800
Fundraising events$338,829
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$266,775
Noncash contributions included in lines 1a–1f $296,233
Total Revenue from Contributions, Gifts, Grants & Similar$617,404
Total Program Service Revenue$0
Investment income $148
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,997
Net Income from Fundraising Events -$268,704
Net Income from Gaming Activities $18,441
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $379,286

Grants Awarded

Over the last fiscal year, Dallas Margarita Society Inc has awarded $146,575 in support to 22 organizations.

Grant RecipientAmount

ADAM'S ANIMALS

PURPOSE: SUPPORT FOR DISADVANTAGED KIDS

$13,965

DPD YOUTH FOUNDATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: SUPPORT FOR DISADVANTAGED KIDS

$13,240

CHILDRENS MEDICAL CENTER FOUNDATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: SUPPORT FOR DISADVANTAGED KIDS

$10,000

Coppell, TX

PURPOSE: DISTRIBUTE TOYS TO DISADVANTAGED KIDS

$8,920

Desoto, TX

PURPOSE: SUPPORT FOR DISADVANTAGED KIDS

$8,050

QUEST FOR GREATER SUCCESS

Org PageRecipient Profile

Dallas, TX

PURPOSE: SUPPORT FOR DISADVANTAGED KIDS

$7,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Dallas Margarita Society Inc has recieved totaling $1,125.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$625
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$500
View Grant Recipient Profile

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