FORMER TEXAS RANGERS FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

FORMER TEXAS RANGERS FOUNDATION, founded in 1971, is a small nonprofit that reported $467K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $722K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PRESERVE, HONOR AND PERPETUATE THE LIVING LEGACY OF THE TEXAS RANGERS BY CELEBRATING THEIR HISTORY AND DEMONSTRATING THE EXTRAORDINARY QUALITIES OF CHARACTER EMBODIED BY THE RANGERS THAT HAVE HELPED SHAPE THE STATE OF TEXAS AND OPENED THE AMERICAN WEST.

Program Service Accomplishments

Program 1

Expenses: $358,460

TO FURTHER THE EDUCATIONAL MISSION OF THE FOUNDATION, A WEBSITE IS BEING DEVELOPED TO DELIVER AN ON-LINE HISTORY PROGRAM FOR STUDENTS IN THE 4TH AND 7TH GRADES. EXPENSES IN THE CURRENT YEAR WERE FOR DEVELOPMENT OF THE WEBSITE AND TRAVEL TO PROMOTE THE PROGRAM TO SCHOOL DISTRICTS. THE PROGRAM FEATURES LESSON PLANS, VIDEOS AND OTHER EDUCATIONAL MATERIALS TO TEACH CHILDREN ABOUT THE TEXAS RANGERS AND THEIR PLACE IN HISTORY. TO PROVIDE A SCHOLARSHIP TO A STUDENT ENROLLED FULL TIME IN A COLLEGE OR UNIVERSITY WHO IS A SON OR DAUGHTER OF AN ACTIVE TEXAS RANGER. SCHOLARSHIPS GRANTED,

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $297,284

Program Service Revenue $0

Investment Income $3,968

Other Revenue $165,344

TOTAL REVENUE $466,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,496

Fundraising Expenses $102,179

Program Expenses $358,460

Other Expenses $515,048

TOTAL EXPENSES $721,544

Year-over-Year Comparison

	2023	2022	Change
Revenue	$466,596	$868,446	-0.5%
Expenses	$721,544	$797,461	-0.1%
Net Income	$-254,948	$70,985	-4.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH CHESTER	MEMBER	5.00	Director	$0	$0	$0
DANIEL COWEN	MEMBER	5.00	Director	$0	$0	$0
FR BROWN	MEMBER	5.00	Director	$0	$0	$0
AL FRISCH	MEMBER	5.00	Director	$0	$0	$0
GREG THROWER	MEMBER	5.00	Director	$0	$0	$0
TOMMY RATLIFF	MEMBER	5.00	Director	$0	$0	$0
GREG WHITE	MEMBER	5.00	Director	$0	$0	$0
NORM NEVINS	MEMBER	5.00	Director	$0	$0	$0
KENNETH W FRICKE	MEMBER	5.00	Director	$0	$0	$0
PAUL HOLEKAMP	MEMBER	5.00	Director	$0	$0	$0
LANCE COLEMAN	MEMBER	5.00	Director	$0	$0	$0
LARRY MARTIN	MEMBER	5.00	Director	$0	$0	$0
CHARLES SCHWEIGER	MEMBER	5.00	Director	$0	$0	$0
BILL COLSTON JR	MEMBER	5.00	Director	$0	$0	$0
MILTON WRIGHT	MEMBER	5.00	Director	$0	$0	$0
RICHARD DULLNIG	VICE CHAIR	10.00	Officer Director	$0	$0	$0
JOE DAVIS	PRESIDENT	40.00	Officer Director	$0	$0	$0
BILL DANTE	CHAIRMAN	15.00	Officer Director	$0	$0	$0
TOM ROARICK	TREASURER	15.00	Officer Director	$0	$0	$0
LEE WHITE	SECRETARY	5.00	Officer Director	$0	$0	$0
JOE M PETERS	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$466,596	$721,544	$5,717,024	$-254,948
2022	$868,446	$797,461	$5,988,439	$70,985
2021	$597,380	$670,858	$6,074,399	$-73,478
2020	$672,490	$647,046	$6,230,147	$25,444
2019	$622,799	$816,886	$6,111,576	$-194,087
2018	$701,434	$710,907	$6,303,581	$-9,473