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Waco Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Community Foundations (NTEE)

Donations to this organization are tax deductible.

Details

According to its March 2023 tax filing, this nonprofit:

Operated a donor-advised fund
Organization maintained a donor-advised fund or similar account through which donors could direct the distribution or investment of funds. Details are reported on Schedule D.

Summary charts: organization finances over time

Revenue
$11.8M (2023)

Expenses
$7.52M (2023)

Total Assets
$128M (2023)

Total Liabilities
$1.16M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,751,252
Expenses
$7,522,031
Net Income
$4,229,221
Net Assets
$126,391,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,181,731
61.1%
Program Services $0
Investment Income $4,193,141
35.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $357,339
3.0%
Net Inventory Sales $0
Other Revenue $19,041
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $280,562
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $704,965
9.4%
Assets/Debt
Total Assets $127,546,392
Total Liabilities $1,155,239
Net Assets $126,391,153
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Allison (Executive Director) $196,502 $0 $24,968
Martha Stuhr (Director Of Finance(apr Sep 22)) $66,976 $0 $6,599
Tangela Penny (Director Of Finance(sep Dec 22)) $29,188 $0 $1,758
Malcolm Duncan Jr (Trustee) $0 $0 $0
Sherman Ayres (Chair) $0 $0 $0
Chris Mcswain (Vice Chair) $0 $0 $0
Soo Battle (Secretary/Treasurer) $0 $0 $0
Mike Bidwell (Trustee) $0 $0 $0
Monte Hulse (Trustee) $0 $0 $0
Kristen Mynar (Trustee) $0 $0 $0
Mike Raymond (Trustee) $0 $0 $0
Melli Wickliff (Trustee) $0 $0 $0
Aaron Zimmerman (Trustee) $0 $0 $0
Dillon Meek (Trustee) $0 $0 $0
Charles Williams (Trustee) $0 $0 $0
Leslie Mitchell (Director Of Finance(jan Mar 23)) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,486,121
Expenses
$7,239,601
Net Income
$19,246,520
Net Assets
$131,832,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,042,945
60.6%
Program Services $0
Investment Income $3,189,349
12.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,225,225
27.3%
Net Inventory Sales $0
Other Revenue $28,602
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $292,218
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $554,224
7.7%
Assets/Debt
Total Assets $132,771,840
Total Liabilities $939,335
Net Assets $131,832,505
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Allison Dulski (Executive Director) $180,152 $0 $22,898
Martha Stuhr (Director Of Finance) $80,907 $0 $7,637
Malcolm Duncan Jr (Chair) $0 $0 $0
Sherman Ayres (Vice Chair) $0 $0 $0
Chris Mcswain (Secretary/Treasurer) $0 $0 $0
Soo Battle (Trustee) $0 $0 $0
Mike Bidwell (Trustee) $0 $0 $0
Monte Hulse (Trustee) $0 $0 $0
Kristen Mynar (Trustee) $0 $0 $0
Mike Raymond (Trustee) $0 $0 $0
Melli Wickliff (Trustee) $0 $0 $0
Aaron Zimmerman (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,908,496
Expenses
$6,753,791
Net Income
$2,154,705
Net Assets
$115,540,805
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,050,927
45.5%
Program Services $0
Investment Income $1,413,550
15.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,966,657
33.3%
Net Inventory Sales $0
Other Revenue $477,362
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $284,683
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $442,934
6.6%
Assets/Debt
Total Assets $115,989,579
Total Liabilities $448,774
Net Assets $115,540,805
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $176,552 $0 $22,504
Leslie Mitchell (Director Of Finance) $53,964 $0 $5,222
Martha Stuhr (Director Of Finance) $28,021 $0 $0
Malcolm Duncan Jr (Chair) $0 $0 $0
Sherman Ayres (Vice Chair) $0 $0 $0
Soo Battle (Trustee) $0 $0 $0
Kristen Mynar (Trustee) $0 $0 $0
Mike Bidwell (Trustee) $0 $0 $0
Monte Hulse (Trustee) $0 $0 $0
Chris Mc Swain (Secretary/Treasurer) $0 $0 $0
Mike Raymond (Trustee) $0 $0 $0
Aaron Zimmerman (Trustee) $0 $0 $0
Melli Wickliff (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,305,628
Expenses
$8,514,402
Net Income
$11,791,226
Net Assets
$87,305,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,588,585
37.4%
Program Services $0
Investment Income $1,170,230
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,515,851
56.7%
Net Inventory Sales $0
Other Revenue $30,962
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $288,458
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $582,605
6.8%
Assets/Debt
Total Assets $87,878,638
Total Liabilities $572,667
Net Assets $87,305,971
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $176,247 $0 $23,393
Leslie Mitchell (Director Of Finance) $73,541 $0 $13,235
Soo Battle (Trustee) $0 $0 $0
Aaron Zimmerman (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Steve Cates (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Monte Hulse (Trustee) $0 $0 $0
Chris Mc Swain (Trustee) $0 $0 $0
Sherman Ayres (Secretary/Treasurer) $0 $0 $0
Malcolm Duncan Jr (Vice Chair) $0 $0 $0
Kris Kaiser Olson (Chair) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,604,607
Expenses
$5,602,978
Net Income
$10,001,629
Net Assets
$96,539,127
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,457,512
86.2%
Program Services $0
Investment Income $1,078,071
6.9%
Bond Proceeds $0
Royalties $21,009
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,026,144
6.6%
Net Inventory Sales $0
Other Revenue $21,871
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,087
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $624,769
11.2%
Assets/Debt
Total Assets $97,060,627
Total Liabilities $521,500
Net Assets $96,539,127
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $174,725 $0 $24,158
Leslie Mitchell (Director Of Finance) $69,910 $0 $13,617
Sam Allison (Trustee) $0 $0 $0
Sherman Ayres (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Steve Cates (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Monte Hulse (Trustee) $0 $0 $0
Chris Mcswain (Trustee) $0 $0 $0
Malcolm Duncan Jr (Secretary/Treasurer) $0 $0 $0
Kris Kaiser Olson (Vice Chair) $0 $0 $0
Cara Chase (Chair) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,593,413
Expenses
$4,872,889
Net Income
$3,720,524
Net Assets
$86,225,345
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,807,805
44.3%
Program Services $576
0.0%
Investment Income $944,695
11.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,838,997
44.7%
Net Inventory Sales $0
Other Revenue $1,340
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $274,518
5.6%
Professional Fundraising Fees $0
Other Salaries and Wages $493,365
10.1%
Assets/Debt
Total Assets $86,773,265
Total Liabilities $547,920
Net Assets $86,225,345
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $168,124 $0 $22,470
Leslie Mitchell (Director Of Finance) $67,358 $0 $12,431
Sam Allison (Trustee) $0 $0 $0
Sherman Ayres (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Malcolm Duncan Jr (Trustee) $0 $0 $0
Monte Hulse (Trustee) $0 $0 $0
Chris Mcswain (Trustee) $0 $0 $0
Steve Cates (Secretary/Treasurer) $0 $0 $0
Kris Kaiser Olson (Vice Chair) $0 $0 $0
Cara Chase (Chair) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,648,626
Expenses
$4,929,217
Net Income
$4,719,409
Net Assets
$79,552,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,535,508
57.4%
Program Services $662
0.0%
Investment Income $697,368
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,414,275
35.4%
Net Inventory Sales $0
Other Revenue $813
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $264,475
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $473,142
9.6%
Assets/Debt
Total Assets $80,143,111
Total Liabilities $590,268
Net Assets $79,552,843
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $162,477 $0 $21,684
Leslie Mitchell (Director Of Finance) $66,008 $0 $12,070
Sam Allison (Trustee) $0 $0 $0
Sherman Ayres (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Steve Cates (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Malcolm Duncan Jr (Trustee) $0 $0 $0
Jim Haller (Trustee) $0 $0 $0
Lisa Jaynes (Trustee) $0 $0 $0
Kris Kaiser Olson (Secretary/Treasurer) $0 $0 $0
Cara Chase (Vice Chair) $0 $0 $0
David Dickson (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,387,276
Expenses
$4,919,242
Net Income
$468,034
Net Assets
$70,358,080
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,817,380
52.3%
Program Services $4,356
0.1%
Investment Income $674,463
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,890,667
35.1%
Net Inventory Sales $0
Other Revenue $410
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $257,259
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $450,982
9.2%
Assets/Debt
Total Assets $70,946,578
Total Liabilities $588,498
Net Assets $70,358,080
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $163,242 $0 $21,505
Leslie Mitchell (Director Of Finance) $63,074 $0 $13,343
Sam Allison (Trustee) $0 $0 $0
Sherman Ayres (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Steve Cates (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Malcolm Duncan Jr (Trustee) $0 $0 $0
Jim Haller (Trustee) $0 $0 $0
Lisa Jaynes (Trustee) $0 $0 $0
Kris Kaiser Olson (Secretary/Treasurer) $0 $0 $0
Cara Chase (Vice Chair) $0 $0 $0
David Dickson (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,152,652
Expenses
$4,734,790
Net Income
$5,417,862
Net Assets
$75,649,470
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,331,149
42.7%
Program Services $6,847
0.1%
Investment Income $694,236
6.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,119,785
50.4%
Net Inventory Sales $0
Other Revenue $635
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $251,968
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $443,640
9.4%
Assets/Debt
Total Assets $76,106,456
Total Liabilities $456,986
Net Assets $75,649,470
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $148,415 $0 $19,846
Leslie Mitchell (Director Of Finance) $62,000 $0 $11,236
Sam Allison (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Steve Cates (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Lisa Jaynes (Trustee) $0 $0 $0
Kris Kaiser Olson (Trustee) $0 $0 $0
Maggie Stinnett (Trustee) $0 $0 $0
Cara Chase (Secretary/Treasurer) $0 $0 $0
David Dickson (Vice Chairman) $0 $0 $0
Jim Haller (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,163,327
Expenses
$7,129,192
Net Income
$4,034,135
Net Assets
$73,835,199
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,857,760
52.5%
Program Services $7,472
0.1%
Investment Income $1,131,180
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,166,272
37.3%
Net Inventory Sales $0
Other Revenue $643
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $234,417
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $504,120
7.1%
Assets/Debt
Total Assets $74,372,771
Total Liabilities $537,572
Net Assets $73,835,199
Other
Operated a donor-advised fund
Compensation
Key Employees and Officers Compensation Related Other
Ashley Dulski (Executive Director) $141,066 $0 $18,847
Leslie Mitchell (Director Of Finance) $59,056 $0 $10,676
Sam Allison (Trustee) $0 $0 $0
Betty Bauer (Trustee) $0 $0 $0
Steve Cates (Trustee) $0 $0 $0
Kyle Deaver (Trustee) $0 $0 $0
Lisa Jaynes (Trustee) $0 $0 $0
Kris Kaiser Olson (Trustee) $0 $0 $0
Maggie Stinnett (Trustee) $0 $0 $0
Cara Chase (Secretary/Treasurer) $0 $0 $0
David Dickson (Vice Chairman) $0 $0 $0
Jim Haller (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,759,803
Expenses
$4,284,376
Net Income
$2,475,427
Net Assets
$67,222,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,805,326
56.3%
Program Services $8,417
0.1%
Investment Income $947,436
14.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,997,317
29.5%
Net Inventory Sales $0
Other Revenue $1,307
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $223,046
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $466,966
10.9%
Assets/Debt
Total Assets $67,590,980
Total Liabilities $368,120
Net Assets $67,222,860

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,239,915
Expenses
$5,134,867
Net Income
-$894,952
Net Assets
$61,327,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,366,020
79.4%
Program Services $0
Investment Income $1,277,393
30.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$405,467
Net Inventory Sales $0
Other Revenue $1,969
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $219,150
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $379,010
7.4%
Assets/Debt
Total Assets $62,016,959
Total Liabilities $689,845
Net Assets $61,327,114

Document Links

Fiscal Year Ending March
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,222,140
Expenses
$4,585,947
Net Income
-$363,807
Net Assets
$61,298,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,714,442
88.0%
Program Services $0
Investment Income $1,162,713
27.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$655,603
Net Inventory Sales $0
Other Revenue $588
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $209,785
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $243,548
5.3%
Assets/Debt
Total Assets $61,725,230
Total Liabilities $426,703
Net Assets $61,298,527

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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