Texas Hereford Association Foundation Inc
- Assets
- $481.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 11/1982
- Data as of
- 12/2021
- EIN
- 75-1812712
Organization Overview
Texas Hereford Association Foundation Inc is located in Fort Worth, TX. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Hereford Association 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 12/2021, Texas Hereford Association Foundation Inc generated $130.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $128.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Barber President | 1 | $0 | |
Pete Case Vice Preside | 1 | $0 | |
Jimmy Atlas Vice Preside | 1 | $0 | |
Curtis Younts Jr Past Preside | 1 | $0 | |
Ec Rosson Vice Preside | 1 | $0 | |
Chad Breeding Executive Co | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,105 |
| Total Program Service Revenue | $49,356 |
| Membership dues | $0 |
| Investment income | $12,484 |
| Gain or Loss | $8,528 |
| Net Income from Gaming & Fundraising | $13,286 |
| Other Revenue | $0 |
| Total Revenue | $130,759 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,245 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $732 |
| Other expenses | $110,638 |
| Total expenses | $128,365 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $481,522 |
| Other assets | $0 |
| Total assets | $481,522 |
| Total liabilities | $56,500 |
| Net assets or fund balances | $425,022 |
Peer Organizations
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|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Anne And Henry Zarrow Foundation Tulsa, OK | $347,173,230 | $36,385,260 |