Texo Foundation

Dallas, TX
Tax-exempt since Feb. 1989
EIN: 75-2255527

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Type of Nonprofit

Designated as a 501(c)(3) 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: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Revenue

$268k (2023)

Expenses

$292k (2023)

Total Assets

$1.23M (2023)

Total Liabilities

$27.1k (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 Dec.
2023

Revenue

$268,393

Expenses

$291,692

Net Income

-$23,299

Net Assets

$1,201,466

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$200,189	74.6%
Program Services	$7,857	2.9%
Investment Income	$42,345	15.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$29,163
Sales of Assets	$47,165	17.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$89,620	30.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$91,812	31.5%

Assets/Debt
Total Assets	$1,228,559
Total Liabilities	$27,093
Net Assets	$1,201,466

Compensation

Key Employees and Officers	Compensation	Related	Other
Larinda Smith (Texo Fdn Manager)	$84,380	$0	$5,240
Beck Dando (Past Chair)	$0	$0	$0
Kyle Pacheco (Chair Elect)	$0	$0	$0
Terri Gaber (Chair)	$0	$0	$0
Brent Guice (Director)	$0	$0	$0
Gradlin Franks (Director)	$0	$0	$0
Joe Rivas (Director)	$0	$0	$0
Kolby May (Director)	$0	$0	$0
Logan Harper (Director)	$0	$0	$0
Michael Manry (Director)	$0	$0	$0
Meloni Raney (President/Ceo)	$0	$265,655	$23,693
Ashlyn Smith (Vp Of Member Programs And Services)	$0	$133,048	$25,296
Todd Holtz (Vp Of Operations)	$0	$167,792	$6,824

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990

Filed on Nov. 15, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$117,617

Expenses

$160,474

Net Income

-$42,857

Net Assets

$1,192,708

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$95,593	81.3%
Program Services	$36,314	30.9%
Investment Income	$20,232	17.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$34,522
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$68,809	42.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,220,630
Total Liabilities	$27,922
Net Assets	$1,192,708

Compensation

Key Employees and Officers	Compensation	Related	Other
Larinda Smith (Texo Fdn Manager Start: 03/22)	$62,868	$0	$5,941
Meloni Raney (President/Ceo)	$0	$245,380	$14,898
Todd Holtz (Vp Of Operations)	$0	$149,534	$19,205
Ashlyn Smith (Vp Of Member Programs And Serv)	$0	$120,230	$20,545
Josh Carson (Past Chair End: 12/22)	$0	$0	$0
Beck Dando (Chair)	$0	$0	$0
Terri Gaber (Secretary/Treas Start: 01/22)	$0	$0	$0
Logan Harper (Director)	$0	$0	$0
Russell Jumper (Director End: 12/22)	$0	$0	$0
Doug Karr (Director End: 12/22)	$0	$0	$0
Michael Manry (Director End: 12/22)	$0	$0	$0
Joe Rivas (Director)	$0	$0	$0
Kyle Pacheco (Director Start: 01/22)	$0	$0	$0

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990

Filed on Nov. 10, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$216,253

Expenses

$186,791

Net Income

$29,462

Net Assets

$1,747,090

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$82,641	38.2%
Program Services	$1,650	0.8%
Investment Income	$3,981	1.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$12,804	5.9%
Sales of Assets	$115,177	53.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$101,356	54.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,796,877
Total Liabilities	$49,787
Net Assets	$1,747,090

Compensation

Key Employees and Officers	Compensation	Related	Other
Julie Donovan (Texo Foundation Manager)	$82,438	$0	$6,150
Meloni Raney (President/Ceo)	$0	$185,220	$13,871
Jack Baxley (Vice President Of Governmental)	$0	$168,259	$21,540
Josh Carson (Chair)	$0	$0	$0
Beck Dando (Incoming Chair)	$0	$0	$0
Holly Crowder (Director)	$0	$0	$0
Bennett Brown (Secretary/Treasurer)	$0	$0	$0
Russell Jumper (Director)	$0	$0	$0
Doug Karr (Director)	$0	$0	$0
Ann Maree Harrison (Director)	$0	$0	$0
Michael Manry (Director)	$0	$0	$0
Joe Rivas (Director)	$0	$0	$0

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990

Filed on Nov. 8, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$136,916

Expenses

$155,307

Net Income

-$18,391

Net Assets

$1,770,457

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$123,766	90.4%
Program Services	$9,729	7.1%
Investment Income	$5,403	3.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$55,539
Sales of Assets	$53,557	39.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$87,821	56.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,784,944
Total Liabilities	$14,487
Net Assets	$1,770,457

Compensation

Key Employees and Officers	Compensation	Related	Other
Julie Donovan (Foundation Manager)	$80,000	$0	$11,672
Meloni Raney (President/ Ceo)	$0	$192,220	$10,272
Jack Baxley (Vp Governmental Affairs)	$0	$171,802	$22,038
Josh Carson (Chairman)	$0	$0	$0
Beck Dando (Incoming Chair)	$0	$0	$0
Bennett Brown (Secretary/ Treasurer)	$0	$0	$0
Holly Crowder (Director)	$0	$0	$0
Michael Manry (Director)	$0	$0	$0
Ann Maree Harrison (Director)	$0	$0	$0
Joe Rivas (Director)	$0	$0	$0
Doug Karr (Director)	$0	$0	$0
Russell Jumper (Director)	$0	$0	$0

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990

Filed on Nov. 11, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$167,246

Expenses

$180,946

Net Income

-$13,700

Net Assets

$1,353,952

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$139,167	83.2%
Program Services	$4,930	2.9%
Investment Income	$34,632	20.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$11,483
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,380,978
Total Liabilities	$27,026
Net Assets	$1,353,952

Compensation

Key Employees and Officers	Compensation	Related	Other
Meloni Raney (President/Ceo)	$0	$219,740	$14,381
Jack Baxley (Vp Governmental Affairs)	$0	$195,189	$20,927
Josh Carson (Chair)	$0	$0	$0
Bennett Brown (Director)	$0	$0	$0
Ann Maree Harrison (Director)	$0	$0	$0
Beck Dando (Director)	$0	$0	$0
Joe Rivas (Director)	$0	$0	$0
Michael Manry (Director)	$0	$0	$0
Mike Oswald (Director)	$0	$0	$0
Holly Crowder (Director)	$0	$0	$0
Doug Karr (Director)	$0	$0	$0

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990

Filed on Nov. 5, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$258,873

Expenses

$218,312

Net Income

$40,561

Net Assets

$1,116,884

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$132,880	51.3%
Program Services	$31,540	12.2%
Investment Income	$112,630	43.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$18,177
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,147,652
Total Liabilities	$30,768
Net Assets	$1,116,884

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$179,583

Expenses

$152,146

Net Income

$27,437

Net Assets

$1,296,919

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$116,311	64.8%
Program Services	$18,020	10.0%
Investment Income	$44,998	25.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$10,715
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$10,969	6.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,299,206
Total Liabilities	$2,287
Net Assets	$1,296,919

Compensation

Key Employees and Officers	Compensation	Related	Other
Josh Carson (Chair)	$0	$0	$0
Mike Green (Director)	$0	$0	$0
Randy Humphrey (Director)	$0	$0	$0
Ann Maree Harrison (Director)	$0	$0	$0
Bennett Brown (Director)	$0	$0	$0
Brent Ballard (Director)	$0	$0	$0
Holly Crowder (Director)	$0	$0	$0
Mike Oswald (Director)	$0	$0	$0
Beck Dando (Director)	$0	$0	$0
Jack Baxley (Vp Of Governmental Affairs)	$0	$181,989	$25,089
Meloni Mc Daniel (President/Ceo)	$0	$189,263	$14,407

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990

Filed on Nov. 15, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$81,304

Expenses

$147,644

Net Income

-$66,340

Net Assets

$1,062,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$64,990	79.9%
Program Services	$11,600	14.3%
Investment Income	$14,082	17.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$10,496
Sales of Assets	$1,128	1.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,066,441
Total Liabilities	$4,096
Net Assets	$1,062,345

Compensation

Key Employees and Officers	Compensation	Related	Other
Russ Garrison (Chair)	$0	$0	$0
Jeff Forbes (Chair Elect)	$0	$0	$0
Fran Mccann (Vice Chair)	$0	$0	$0
Will Hodges (Secretary/Treasurer)	$0	$0	$0
Lee Smith (Past Board Chair)	$0	$0	$0
Meloni Mcdaniel (President/Ceo)	$0	$174,315	$13,273
Jack Baxley (Vp Of Governmental Affairs)	$0	$176,085	$30,004

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990

Filed on Oct. 16, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$117,351

Expenses

$148,656

Net Income

-$31,305

Net Assets

$1,085,927

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$66,430	56.6%
Program Services	$13,100	11.2%
Investment Income	$8,942	7.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$11,187
Sales of Assets	$40,066	34.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,088,565
Total Liabilities	$2,638
Net Assets	$1,085,927

Compensation

Key Employees and Officers	Compensation	Related	Other
Lee Smith (Chair)	$0	$0	$0
Russ Garrison (Chair Elect)	$0	$0	$0
Jeff Forbes (Vice Chair)	$0	$0	$0
Fran Mc Cann (Board Secretary)	$0	$0	$0
Judy Lembke (Past Board Chair)	$0	$0	$0
Meloni Mc Daniel (President/Ceo Start: Mar 2015)	$0	$154,231	$8,269
Jack Baxley (Vp Of Legislation)	$0	$179,317	$18,582

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990

Filed on Nov. 15, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$135,398

Expenses

$120,908

Net Income

$14,490

Net Assets

$1,199,577

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$71,427	52.8%
Program Services	$12,350	9.1%
Investment Income	$8,575	6.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$11,128
Sales of Assets	$54,174	40.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,200,215
Total Liabilities	$638
Net Assets	$1,199,577

Compensation

Key Employees and Officers	Compensation	Related	Other
Judy Lembke (Chair)	$0	$0	$0
Lee Smith (Chair Elect)	$0	$0	$0
Russ Garrison (Vice Chair)	$0	$0	$0
Jeff Forbes (Board Secretary)	$0	$0	$0
Sam Gioldasis (Past Board Chair)	$0	$0	$0
Jack Baxley (Vp/Interim Ceo Start June 2014)	$0	$160,524	$24,086
Bradley Brown (President/Ceo Term: June 2014)	$0	$89,819	$17,102
Meloni Mcdaniel (Director Of Mem Prgm & Events)	$0	$102,512	$9,693

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990

Filed on Nov. 13, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$103,312

Expenses

$95,033

Net Income

$8,279

Net Assets

$1,201,877

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$47,516	46.0%
Program Services	$8,850	8.6%
Investment Income	$11,733	11.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$1,351
Sales of Assets	$36,564	35.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,202,135
Total Liabilities	$258
Net Assets	$1,201,877

Compensation

Key Employees and Officers	Compensation	Related	Other
Sam Gioldasis (Chair)	$0	$0	$0
Judy Lembke (Chair Elect)	$0	$0	$0
Lee Smith (Vice Chair)	$0	$0	$0

990

Filed on Oct. 30, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$108,738

Expenses

$90,316

Net Income

$18,422

Net Assets

$1,024,906

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$76,890	70.7%
Program Services	$8,780	8.1%
Investment Income	$11,974	11.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$233
Sales of Assets	$11,327	10.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,025,175
Total Liabilities	$269
Net Assets	$1,024,906

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$32,770

Expenses

$93,216

Net Income

-$60,446

Net Assets

$926,931

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$70,720	> 100%
Program Services	$8,150	24.9%
Investment Income	$7	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$327	1.0%
Sales of Assets	-$46,434
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$928,921
Total Liabilities	$1,990
Net Assets	$926,931

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.

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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

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Updated December 20, 2024

Texo Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $268k (2023)

Expenses $292k (2023)

Total Assets $1.23M (2023)

Total Liabilities $27.1k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Revenue

$268k (2023)

Expenses

$292k (2023)

Total Assets

$1.23M (2023)

Total Liabilities

$27.1k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001