Today Foundation
- Assets
- $6.6m
- Revenue
- $391.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1983
- Data as of
- 07/2023
- EIN
- 75-1864736
Organization Overview
Today Foundation is located in Dallas, TX. The organization was established in 1983. According to its NTEE Classification (I05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Today Foundation 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 07/2023, Today Foundation generated $391.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $2.2m during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TODAY FOUNDATION IS COMMITTED TO IMPROVING EDUCATION; CREATING LEADERSHIP AND ECONOMIC OPPORTUNITIES FOR ALL AMERICAN YOUTH; HISTORIC PRESERVATION; AND HELPING TO PROVIDE A HIGHER QUALITY OF LIFE THROUGH THEIR PROJECTS.
Describe the Organization's Program Activity:
EDUCATION: CONTINUED PROJECTS IN SUPPORT OF EXPANDING US HISTORY AND TEXAS HISTORY RESOURCES AND PROGRAMS TO SCHOOLS AND STUDENTS; AN EDUCATIONAL FACILITY THE COLLINS ACADEMY LOCATED IN JEFFERSON TEXAS REACHES KIDS THROUGH ENVIRONMENTAL SCIENCE ARCHEOLOGY AND EDUCATIONAL PROGRAMS ANNUALLY; PROMOTING AFTER-SCHOOL PROGRAMS IN LITERACY ENGLISH AND SPANISH STUDENTS FOR AT-RISK CHILDREN THROUGH TACKLE TOMORROW; OPERATING THE PORT JEFFERSON HISTORY AND NATURE CENTER IN JEFFERSON TX AS A CLASSROOM WITHOUT WALLS FOR THE STUDENTS IN THE REGION; AND OPERATING THE UNION MISSIONARY BAPTIST CHURCH AS A RESEARCH AND HERITAGE CENTER.
RESEARCH: CONTINUED RESEARCH AT NEWLY ESTABLISHED RESEARCH CENTER FOR AFRICAN-AMERICAN HERITAGE AT A HISTORIC MISSIONARY CHURCH IN JEFFERSON TEXAS; RESEARCH RELATING TO THE HISTORICAL ASSETS AT CADDO LAKE NATURAL HERITAGE AREA AND PORT JEFFERSON TEXAS HISTORY AND NATURE CENTER AS PART OF THE COLLINS ACADEMY PROGRAM; AND RESEARCH RELATING TO IMPROVING THE ENVIRONMENT.
COMMUNICATIONS AND LEADERSHIP DEVELOPMENT: PARTNERING WITH HALL-OF-FAMER CHARLES HALEY AND BOB BOWIE IN THE TACKLE TOMORROW PROGRAM TO TELL THE STORY OF HOW IMPORTANT EDUCATION IS IN THE LIVES OF CHILDREN; PROMOTING CHARACTER COUNTS AND THE SIX PILLARS OF CHARACTER TO STUDENTS IN THE GREATER DALLAS AREA; CREATING AND PROMOTING THE IMPORTANCE OF ART ON INDIVIDUAL AND ECONOMIC LIFE OF JEFFERSON TX AS WELL AS EXPOSE ART TO THE JEFFERSON TEXAS AREA STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvert Collinsbratton VP Sec Treas | OfficerTrustee | 1 | $0 |
Richard H Collins Chairman Pres | OfficerTrustee | 6 | $0 |
William Mahomes Director | OfficerTrustee | 1 | $0 |
Carl Ottoson Director | Trustee | 0.5 | $0 |
Kathleen Leos Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $240,975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,975 |
| Total Program Service Revenue | $94,050 |
| Investment income | $778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $391,434 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,350 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,264 |
| Advertising and promotion | $0 |
| Office expenses | $2,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,025 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,671 |
| All other expenses | $0 |
| Total functional expenses | $2,166,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,526 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,577 |
| Net Land, buildings, and equipment | $75,080 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $6,308,744 |
| Intangible assets | $0 |
| Other assets | $7,530 |
| Total assets | $6,555,457 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $675,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,778,938 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,453,938 |
| Net assets without donor restrictions | $3,101,519 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,555,457 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texans For Lawsuit Reform Houston, TX | $8,959,011 | $4,039,216 |
Today Foundation Dallas, TX | $6,555,457 | $391,434 |
Oklahomans For Criminal Justice Reform Inc Oklahoma City, OK | $589,995 | $652,388 |
Gvpedia Inc Edmond, OK | $25,890 | $0 |
Doleac Initiatives Houston, TX | $69,300 | $0 |
Bayou Research Institute Baton Rouge, LA | $270,264 | $15,000 |
Civilination Katy, TX | $0 | $0 |