FORMER TEXAS RANGERS FOUNDATION

EIN: 237150500 501(c)(3)

Fredericksburg, TX

Total Revenue
$466,596
Total Expenses
$721,544
Total Assets
$5,717,024
Net Assets
$5,567,460
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
TX
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.

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Trantor Score

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

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

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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
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
31
Independent Members
31
Employees
8
Volunteers
25

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
6
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
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
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