DALLAS STARS FOUNDATION INC

EIN: 752780401 501(c)(3) Education

FRISCO, TX

Total Revenue
$2,898,813
Total Expenses
$2,177,481
Total Assets
$1,475,570
Net Assets
$1,578,808
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
Principal Officer
MARTY TURCO
Phone
2143875500
Tax Period
2024-07-01 to 2025-06-30

DALLAS STARS FOUNDATION INC, founded in 1998, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $721K, a strong 25% operating margin.

Mission

THE HEART OF THE DALLAS STARS FOUNDATION, INC. IS TO INVEST IN OUR COMMUNITIES BY CREATING UNIQUE PROGRAMS THAT NURTURE AND ENRICH THE LIVES OF THOSE IN NEED.

Program Service Accomplishments

Program 1
Expenses: $355,107 Revenue: $1,429,950

THE DALLAS STARS FOUNDATION COMMUNITY GRANT PROGRAM RAISES FUNDS THROUGH THE 50/50 RAFFLE FOR WORTHWHILE NORTH TEXAS CHARITIES WHILE GIVING YOU THE CHANCE TO WALK AWAY WITH A NIGHTLY CASH PRIZE!...

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THE DALLAS STARS FOUNDATION COMMUNITY GRANT PROGRAM RAISES FUNDS THROUGH THE 50/50 RAFFLE FOR WORTHWHILE NORTH TEXAS CHARITIES WHILE GIVING YOU THE CHANCE TO WALK AWAY WITH A NIGHTLY CASH PRIZE! RAFFLE TICKETS ARE SOLD DURING EACH STARS HOME GAME AND A DRAWING IS HELD AT THE BEGINNING OF THE THIRD PERIOD TO SELECT THE LUCKY WINNER OF HALF OF THE TOTAL POT FOR THAT GAME. HALF OF THE MONEY RAISED FROM THE 50/50 RAFFLE GOES DIRECTLY TOWARDS THE FUNDING OF OUR COMMUNITY GRANTS PROGRAM.

Program 2
Expenses: $227,547 Revenue: $230,482

THE DALLAS STARS AND THE NHL PARTNER TOGETHER ON INITIATIVES TO HELP SERVE THE COMMUNITY AND MYRIAD OF CAUSES. RECOGNITION NIGHTS (FORMERLY KNOWN AS THEME NIGHTS) FROM LAST SEASON INCLUDE: HOCKEY...

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THE DALLAS STARS AND THE NHL PARTNER TOGETHER ON INITIATIVES TO HELP SERVE THE COMMUNITY AND MYRIAD OF CAUSES. RECOGNITION NIGHTS (FORMERLY KNOWN AS THEME NIGHTS) FROM LAST SEASON INCLUDE: HOCKEY FIGHTS CANCER, MILITARY APPRECIATION NIGHT, PRIDE NIGHT, BLACK HISTORY NIGHT AND NOCHE MEXICANA. ON THEME NIGHTS THERE ARE MULTIPLE FUNDRAISERS THAT TAKE PLACE THAT BENEFIT ORGANIZATIONS THAT'S MISSIONS ALIGN WITH THE RECOGNITION NIGHT. FUNDRAISERS INCLUDE: JERSEY AND HOCKEY STICK AUCTIONS, 50/50 RAFFLE, MYSTERY PUCKS, T-SHIRTS, ETC. IT IS DIFFERENT FOR EVERY RECOGNITION NIGHT.

Program 3
Expenses: $250,000

ST. PHILIP'S LEGACY PROJECT - THE DALLAS STARS HOSTED THE WINTER CLASSIC ON JANUARY 1, 2020. EVERY NHL CLUB THAT HAS HOSTED THE WINTER CLASSIC IS TASKED BY THE NHL TO CREATE A LEGACY PROJECT AROUND...

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ST. PHILIP'S LEGACY PROJECT - THE DALLAS STARS HOSTED THE WINTER CLASSIC ON JANUARY 1, 2020. EVERY NHL CLUB THAT HAS HOSTED THE WINTER CLASSIC IS TASKED BY THE NHL TO CREATE A LEGACY PROJECT AROUND THE EVENT. THIS PROJECT IS DESIGNED TO IMPACT THE SURROUNDING COMMUNITIES IN A MEANINGFUL AND LONG-LASTING WAY. ST. PHILIPS SCHOOL AND COMMUNITY CENTER WAS SELECTED BECAUSE OF ITS HISTORY OF PROVIDING FIRST-CLASS EDUCATION AND PROGRAMMING TO THE CHILDREN OF SOUTH DALLAS SINCE THE LATE 1940'S.THE DALLAS STARS FOUNDATION ORIGINALLY PLEDGED $2 MILLION OVER FIVE YEARS TO ST. PHILIP'S, THE MONEY THE FOUNDATION IS GRANTING WILL GO TO HELP BUILD THE SCHOOL'S NEW ATHLETIC COMPLEX AND FUND SUMMER PROGRAMMING FOR AREA YOUTHS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $982,502
Program Service Revenue $0
Investment Income $0
Other Revenue $1,916,311
TOTAL REVENUE $2,898,813

Expense Breakdown

Grants Paid $1,164,222
Salaries & Benefits $376,260
Fundraising Expenses $246,308
Program Expenses $1,481,567
Other Expenses $636,999
TOTAL EXPENSES $2,177,481

Year-over-Year Comparison

2024 2023 Change
Revenue $2,898,813 $2,432,137 +0.2%
Expenses $2,177,481 $2,039,138 +0.1%
Net Income $721,332 $392,999 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
825

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
3
$76,458
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID JOHNSON BOARD MEMBER 3.00
Director
$0 $0 $0
ANDREW WILLIAMS BOARD MEMBER 3.00
Director
$0 $0 $0
AVI KHAN BOARD MEMBER 3.00
Director
$0 $0 $0
DUSTIN RITCHIE BOARD MEMBER 3.00
Director
$0 $0 $0
DAVID PACE BOARD MEMBER 3.00
Director
$0 $0 $0
GERALD DIDUCK BOARD MEMBER 3.00
Director
$0 $0 $0
MARTY TURCO PRESIDENT & CHAIRMAN 30.00
Officer
$76,458 $0 $76,458
THERESE BAIRD TREASURER 5.00
Officer
$0 $0 $0
JESSICA NEMERGUT SECRETARY 5.00
Officer
$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
2025 $2,898,813 $2,177,481 $1,475,570 $721,332
2024 No data No data No data No data
2023 $1,914,730 $1,927,654 $1,219,252 $-12,924
2022 $2,942,341 $2,638,156 $435,519 $304,185
2021 $1,036,886 $1,150,887 $520,962 $-114,001
2020 $2,626,670 $2,716,518 $1,239,892 $-89,848
2019 $1,687,930 $1,622,033 $1,046,889 $65,897
2018 $1,324,073 $1,281,311 $3,098,873 $42,762
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