Waxahachie Foundation Inc

Waxahachie, TX
Tax-exempt since Nov. 1968
EIN: 75-6085367

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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: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$479k (2023)

Expenses

$188k (2023)

Total Assets

$2.09M (2023)

Total Liabilities

$0 (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

$479,249

Expenses

$188,402

Net Income

$290,847

Net Assets

$2,094,819

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$13,885	2.9%
Dividends	$89,686	18.7%
Sales of Assets	$374,557	78.2%
Other Income	$1,121	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$186,272	98.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,094,819
Total Liabilities	$0
Net Assets	$2,094,819

Compensation

Key Employees and Officers	Compensation	Other
Paul Colwell (Secretary/Tr)	$0	$0
Elizabeth Tull (Past Preside)	$0	$0
Kerric Bradford (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Michele Wray (President)	$0	$0
Patrick Wilson (Vice Preside)	$0	$0
Krystal Valdez (Director)	$0	$0
Scott Brooks (Director)	$0	$0
Cindy Burch (Director)	$0	$0
Caroline Ford (Director)	$0	$0
Dr Kim Trewern (Director)	$0	$0

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990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$82,213

Expenses

$151,295

Net Income

-$69,082

Net Assets

$1,830,229

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,000	1.2%
Interest Revenue	$40	0.0%
Dividends	$97,057	> 100%
Sales of Assets	-$20,822
Other Income	$4,938	6.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$146,850	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,839,154
Total Liabilities	$8,925
Net Assets	$1,830,229

Compensation

Key Employees and Officers	Compensation	Other
Paul Colwell (Secretary/Tr)	$0	$0
Elizabeth Tull (Past Preside)	$0	$0
Kerric Bradford (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Michele Wray (President)	$0	$0
Patrick Wilson (Vice Preside)	$0	$0
Krystal Valdez (Director)	$0	$0
Scott Brooks (Director)	$0	$0
Cindy Burch (Director)	$0	$0
Caroline Ford (Director)	$0	$0
Dr Kim Trewern (Director)	$0	$0

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990-PF

Filed on Nov. 8, 2023

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$117,377

Expenses

$151,409

Net Income

-$34,032

Net Assets

$1,855,623

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$14,715	12.5%
Interest Revenue	$3	0.0%
Dividends	$95,713	81.5%
Sales of Assets	$2,026	1.7%
Other Income	$4,920	4.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,217	93.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,865,855
Total Liabilities	$10,232
Net Assets	$1,855,623

Compensation

Key Employees and Officers	Compensation	Other
Dinah Weable (Director)	$0	$0
Paul Colwell (Director)	$0	$0
Candace Ahlfinger (Past Preside)	$0	$0
Dr Kermit Bridges (Director)	$0	$0
Elizabeth Tull (Vice Preside)	$0	$0
Ryan Pitts (President)	$0	$0
Kerric Bradford (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Michele Wray (Director)	$0	$0
Patrick Wilson (Director)	$0	$0
Krystal Valdez (Director)	$0	$0
Marcus Armstrong (Treasurer)	$0	$0
Scott Brooks (Director)	$0	$0

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990-PF

Filed on Nov. 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$100,219

Expenses

$130,777

Net Income

-$30,558

Net Assets

$1,834,052

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,260	2.3%
Interest Revenue	$21	0.0%
Dividends	$90,076	89.9%
Sales of Assets	$679	0.7%
Other Income	$7,183	7.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$126,160	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,852,309
Total Liabilities	$18,257
Net Assets	$1,834,052

Compensation

Key Employees and Officers	Compensation	Other
Dinah Weable (Director)	$0	$0
Jerry Chapman (Director)	$0	$0
Candace Ahlfinger (Past Preside)	$0	$0
Dr Kermit Bridges (Director)	$0	$0
Elizabeth Tull (Vice Preside)	$0	$0
Ryan Pitts (President)	$0	$0
Kerric Bradford (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Pat Smith (Director)	$0	$0
Patrick Wilson (Director)	$0	$0
Krystal Valdez (Director)	$0	$0
Marcus Armstrong (Treasurer)	$0	$0
Scott Brooks (Director)	$0	$0

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990-PF

Filed on Nov. 2, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$199,693

Expenses

$195,103

Net Income

$4,590

Net Assets

$1,864,524

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$35,875	18.0%
Interest Revenue	$152	0.1%
Dividends	$90,937	45.5%
Sales of Assets	$63,262	31.7%
Other Income	$4,467	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$172,450	88.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,883,085
Total Liabilities	$18,561
Net Assets	$1,864,524

Compensation

Key Employees and Officers	Compensation	Other
Jerry Chapman (Treasurer)	$0	$0
Candace Ahlfinger (President)	$0	$0
Dr Kermit Bridges (Director)	$0	$0
Tom Mcafee (Director)	$0	$0
Elizabeth Tull (Secretary)	$0	$0
Ryan Pitts (Vice Preside)	$0	$0
Kerric Bradford (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Steve Murphree (Director)	$0	$0
Pat Smith (Director)	$0	$0
Patrick Wilson (Director)	$0	$0
Krystal Valdez (Director)	$0	$0

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990-PF

Filed on Nov. 10, 2020

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$78,740

Expenses

$98,931

Net Income

-$20,191

Net Assets

$1,922,670

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,518	8.3%
Interest Revenue	$218	0.3%
Dividends	$83,836	> 100%
Sales of Assets	-$15,651
Other Income	$3,819	4.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$84,253	85.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,941,813
Total Liabilities	$19,143
Net Assets	$1,922,670

Compensation

Key Employees and Officers	Compensation	Other
Mike Lee (President)	$0	$0
Dinah Weable (Vice Preside)	$0	$0
Jerry Chapman (Treasurer)	$0	$0
Candace Ahlfinger (Secretary)	$0	$0
Dr Kermit Bridges (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Bob Lynn (Director)	$0	$0
Tom Mcafee (Director)	$0	$0
Steve Murphree (Director)	$0	$0
Lynn Pike (Director)	$0	$0
Ryan Pitts (Director)	$0	$0
Chris York (Director)	$0	$0

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990-PF

Filed on Aug. 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$159,465

Expenses

$99,845

Net Income

$59,620

Net Assets

$2,071,732

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$68,135	42.7%
Interest Revenue	$251	0.2%
Dividends	$75,595	47.4%
Sales of Assets	$11,691	7.3%
Other Income	$3,793	2.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$84,824	85.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,088,047
Total Liabilities	$16,315
Net Assets	$2,071,732

Compensation

Key Employees and Officers	Compensation	Other
Mike Lee (President)	$0	$0
Dinah Weable (Vice Preside)	$0	$0
Jerry Chapman (Treasurer)	$0	$0
Candace Ahlfinger (Secretary)	$0	$0
Dr Kermit Bridges (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Bob Lynn (Director)	$0	$0
Tom Mcafee (Director)	$0	$0
Steve Murphree (Director)	$0	$0
Lynn Pike (Director)	$0	$0
Ryan Pitts (Director)	$0	$0
Chris York (Director)	$0	$0

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990-PF

Filed on Sept. 17, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$111,025

Expenses

$103,817

Net Income

$7,208

Net Assets

$2,012,545

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$64,284	57.9%
Interest Revenue	$287	0.3%
Dividends	$67,534	60.8%
Sales of Assets	-$22,788
Other Income	$1,708	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,492	89.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,017,638
Total Liabilities	$5,093
Net Assets	$2,012,545

Compensation

Key Employees and Officers	Compensation	Other
Cindy Burch (President)	$0	$0
Mike Tull (Vice Preside)	$0	$0
Mike Lee (Treasurer)	$0	$0
Candace Ahlfinger (Secretary)	$0	$0
Dr Kermit Bridges (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Caroline Ford (Director)	$0	$0
David Hudgins (Director)	$0	$0
Bob Lynn (Director)	$0	$0
Lynn Pike (Director)	$0	$0
Dinah Weable (Director)	$0	$0
Chris York (Director)	$0	$0

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990-PF

Filed on Oct. 3, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$87,902

Expenses

$103,057

Net Income

-$15,155

Net Assets

$2,005,366

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,100	1.3%
Interest Revenue	$671	0.8%
Dividends	$72,997	83.0%
Sales of Assets	$9,664	11.0%
Other Income	$3,470	3.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$93,941	91.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,005,395
Total Liabilities	$29
Net Assets	$2,005,366

Compensation

Key Employees and Officers	Compensation	Other
Michelle Burks (President)	$0	$0
Cindy Burch (Vice Preside)	$0	$0
Vera Kamerbeek (Treasurer)	$0	$0
Lynn Winborne (Secretary)	$0	$0
Jay Barksdale (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Bob Dyess (Director)	$0	$0
Caroline Ford (Director)	$0	$0
David Hudgins (Director)	$0	$0
Mike Lee (Director)	$0	$0
Bob Lynn (Director)	$0	$0
Mike Tull (Director)	$0	$0
Pat Merrill (Director)	$0	$0

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990-PF

Filed on Aug. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$127,791

Expenses

$80,442

Net Income

$47,349

Net Assets

$2,020,074

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,705	78.8%
Interest Revenue	$823	0.6%
Dividends	$65,669	51.4%
Sales of Assets	-$43,256
Other Income	$3,850	3.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$77,694	96.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,020,074
Total Liabilities	$0
Net Assets	$2,020,074

Compensation

Key Employees and Officers	Compensation	Other
Michelle Burks (Vice Preside)	$0	$0
Pat Merrill (President)	$0	$0
Lynn Winborne (Secretary)	$0	$0
Bob Dyess (Director)	$0	$0
David Hudgins (Director)	$0	$0
Vera Kamerbeek (Treasurer)	$0	$0
Jay Barksdale (Director)	$0	$0
Cindy Burch (Director)	$0	$0
Caroline Ford (Director)	$0	$0
Steve Chapman (Director)	$0	$0
Mike Lee (Director)	$0	$0
Bob Lynn (Director)	$0	$0
Mike Tull (Director)	$0	$0

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990-PF

Filed on May 12, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$167,648

Expenses

$78,714

Net Income

$88,934

Net Assets

$2,059,304

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$82,675	49.3%
Interest Revenue	$1,622	1.0%
Dividends	$52,569	31.4%
Sales of Assets	$26,909	16.1%
Other Income	$3,873	2.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,290	96.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,059,304
Total Liabilities	$0
Net Assets	$2,059,304

Compensation

Key Employees and Officers	Compensation	Other
Michelle Burks (Director)	$0	$0
Pat Merrill (Director)	$0	$0
Lynn Winborne (Secretary)	$0	$0
Bob Dyess (Director)	$0	$0
David Hudgins (Director)	$0	$0
Vera Kamerbeek (Director)	$0	$0
Jerry L Chapman (Treasurer)	$0	$0
Cindy Hess (President)	$0	$0
Jeanne Moseley (Director)	$0	$0
Bob Mcginnis (Director)	$0	$0
Jay Barksdale (Director)	$0	$0
Cindy Burch (Director)	$0	$0
Caroline Ford (Director)	$0	$0

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990-PF

Filed on May 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$77,841

Expenses

$74,687

Net Income

$3,154

Net Assets

$1,730,181

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$22,725	29.2%
Interest Revenue	$2,565	3.3%
Dividends	$51,757	66.5%
Sales of Assets	$364	0.5%
Other Income	$430	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$72,441	97.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,730,182
Total Liabilities	$1
Net Assets	$1,730,181

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

-$211,314

Expenses

$69,435

Net Income

-$280,749

Net Assets

$1,729,515

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,440
Interest Revenue	$3,301
Dividends	$43,661
Sales of Assets	$0
Other Income	$16,459

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,340	94.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,729,516
Total Liabilities	$1
Net Assets	$1,729,515

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Waxahachie Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $479k (2023)

Expenses $188k (2023)

Total Assets $2.09M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

$479k (2023)

Expenses

$188k (2023)

Total Assets

$2.09M (2023)

Total Liabilities

$0 (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.
2009

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

Fiscal Year Ending Dec.
2000