Civic Intelligence

Army Scholarship Foundation Inc.

990 • Fiscal year 2025 • EIN 74-2996331

Jan 01, 2025 to Dec 31, 2025

Organization Profilewww.armyscholarshipfoundation.org
11700 Preston Road STE 660-301Dallas, TX 75230

(703) 587-5181

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

25th percentile

0.01x

Higher debt load relative to revenue than 25% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

81st percentile

20%

Faster asset growth than 81% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

19th percentile

-11%

Faster revenue growth than 19% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$2,709,835

Up $454,699 (+20%) from 2024

Net Assets

Up

$2,704,453

Up $453,681 (+20%) from 2024

Liabilities

Up

$5,382

Up $1,018 (+23%) from 2024

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin89th percentile

Revenue

Down

$1,009,095

Down $129,182 (-11%) from 2024

Expenses

Up

$555,414

Up $40,315 (+7.8%) from 2024

Net Income

Down

$453,681

Down $169,497 (-27%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $130,038Liabilities 2011: $0Net Assets 2011: $130,0382011Assets 2012: $199,411Liabilities 2012: $0Net Assets 2012: $199,4112012Assets 2013: $278,242Liabilities 2013: $0Net Assets 2013: $278,2422013Assets 2014: $348,367Liabilities 2014: $0Net Assets 2014: $348,3672014Assets 2015: $509,828Liabilities 2015: $33Net Assets 2015: $509,7952015Assets 2016: $602,803Liabilities 2016: $10,103Net Assets 2016: $592,7002016Assets 2017: $726,955Liabilities 2017: $1,463Net Assets 2017: $725,4922017Assets 2018: $811,571Liabilities 2018: $104Net Assets 2018: $811,4672018Assets 2019: $815,222Liabilities 2019: $27Net Assets 2019: $815,2222019Assets 2020: $965,582Liabilities 2020: $108Net Assets 2020: $965,4742020Assets 2021: $1,146,243Liabilities 2021: $841Net Assets 2021: $1,145,4022021Assets 2022: $1,337,001Liabilities 2022: $1,924Net Assets 2022: $1,335,0772022Assets 2023: $1,629,850Liabilities 2023: $2,255Net Assets 2023: $1,627,5952023Assets 2024: $2,255,136Liabilities 2024: $4,364Net Assets 2024: $2,250,7722024Assets 2025: $2,709,835Liabilities 2025: $5,382Net Assets 2025: $2,704,4532025

Highlighted filing

2025

Assets$2,709,835
Liabilities$5,382
Net Assets$2,704,453
Open 2025 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0Revenue 2011: $40,966Expenses 2011: $6,752Net Income 2011: $34,2142011Revenue 2012: $78,010Expenses 2012: $8,636Net Income 2012: $69,3742012Revenue 2013: $97,411Expenses 2013: $18,580Net Income 2013: $78,8312013Revenue 2014: $102,763Expenses 2014: $32,802Net Income 2014: $69,9612014Revenue 2015: $224,643Expenses 2015: $63,214Net Income 2015: $161,4292015Revenue 2016: $203,514Expenses 2016: $120,610Net Income 2016: $82,9042016Revenue 2017: $273,803Expenses 2017: $141,011Net Income 2017: $132,7922017Revenue 2018: $289,658Expenses 2018: $203,683Net Income 2018: $85,9752018Revenue 2019: $293,098Expenses 2019: $289,369Net Income 2019: $3,7292019Revenue 2020: $363,095Expenses 2020: $212,814Net Income 2020: $150,2812020Revenue 2021: $476,133Expenses 2021: $296,204Net Income 2021: $179,9292021Revenue 2022: $484,248Expenses 2022: $294,573Net Income 2022: $189,6752022Revenue 2023: $727,632Expenses 2023: $435,114Net Income 2023: $292,5182023Revenue 2024: $1,138,277Expenses 2024: $515,099Net Income 2024: $623,1782024Revenue 2025: $1,009,095Expenses 2025: $555,414Net Income 2025: $453,6812025

Highlighted filing

2025

Revenue$1,009,095
Expenses$555,414
Net Income$453,681
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 14, 2026
Return Version
2025v4.0
Gross Receipts
$1,009,095
Mission and Program Overview

Mission

Provide college level academic scholarships to the children and spouses of active duty U.S. Military

Provide college level academic scholarships to the children and spouse of active duty US Military

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,175,550$2,603,433▲ $427,883
Cash and Non-Interest-Bearing Accounts$68,039$57,628▼ $10,411
Accounts Receivable$10,031$47,582▲ $37,551
Land, Buildings, and Equipment, Net$895$1,192▲ $297
Prepaid Expenses and Deferred Charges$621--
Total Assets$2,255,136$2,709,835▲ $454,699
Liabilities
Accounts Payable and Accrued Expenses$4,364$5,382▲ $1,018
Total Liabilities$4,364$5,382▲ $1,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,216,709$1,730,831▲ $514,122
Net Assets With Donor Restrictions$1,034,063$973,622▼ $60,441
Total Net Assets Fund Balance$2,250,772$2,704,453▲ $453,681
Total Liabilities and Net Assets / Fund Balance$2,255,136$2,709,835▲ $454,699

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,192$1,040$2,232
Other Securities$12,800--
Compensation and Service Providers
Top Officer Pay42nd percentile

Board Members and Trustees

NameTitle
Jeff GaultChairman CEO
Rose GaultPresident
Dana JohnsonBoard Member
Ellen HoulihanBoard Member
Joel GrayBoard Member
Keirn BrownBoard Member
Christopher LeppSecretary
Phillip ShearerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$849,203
Program Service Revenue
$0
Investment Income
$159,892
Other Revenue
$0
All Other Contributions
$765,056
Change in Net Assets
$453,681

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,009,095
Total Revenue per Audited Statements
$1,009,095
Total Revenue per Form 990
$1,009,095
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$408,500
Other Expenses$76,735
Salaries, Compensation, and Employee Benefits$70,179
Total Fundraising Expense$24,702
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$408,500--$408,500
Other Salaries and Wages$55,413$3,260$6,519$65,192
Fees for Services Management$36,061--$36,061
Advertising$1,525-$9,600$11,125
Fees for Services Accounting-$7,859-$7,859
Office Expenses$4,968$191$640$5,799
Other Expenses$5,420$1,474$6,696$5,420
Payroll Taxes$3,990$499$498$4,987
Travel--$749$749
Insurance-$621-$621
Depreciation Depletion$447--$447
Total Functional Expenses$516,324$14,388$24,702$555,414

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$555,414
Total Expenses per Audited Statements$555,414
Total Expenses per Form 990$555,414
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$110,155$110,155$2,335$107,820
Total Events$110,155$110,155$26,008$84,147
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

“All board member are presented with a preliminary copy of the 990 and”

Part VI Line 11B

“audit. Questions are viewed and resolved before filing.”

Part VI Line 19

“Upon request - Notice of availability listed on Web site.”

Filing and Contact Details

Filer

Filer Name
Army Scholarship Foundation Inc
EIN
74-2996331
In Care Of
% Jeff Gault
Phone
7035875181
Address
11700 Preston Road STE 660-301, Dallas, TX 75230

Signing Officer

Name
Jeff Gault
Title
Chairman CEO
Phone
7035875181
Signed
2026-04-14

Organization Details

Principal Officer
Jeff Gault
Formed
2001
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
1
Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04364
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05382
IRS990/AccountsReceivableGrp/BOYAmt010031
IRS990/AccountsReceivableGrp/EOYAmt047582
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide college level academic scholarships to the children and spouse of active duty US Military
IRS990/AdvertisingGrp/FundraisingAmt09600
IRS990/AdvertisingGrp/ProgramServicesAmt01525
IRS990/AdvertisingGrp/TotalAmt011125
IRS990/AllOtherContributionsAmt0765056
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JEFF GAULT
IRS990/BooksInCareOfDetail/PhoneNum07035875181
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011700 Preston Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Dallas
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075230
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt068039
IRS990/CashNonInterestBearingGrp/EOYAmt057628
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0849203
IRS990/CYGrantsAndSimilarPaidAmt0408500
IRS990/CYInvestmentIncomeAmt0159892
IRS990/CYOtherExpensesAmt076735
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0453681
IRS990/CYSalariesCompEmpBnftPaidAmt070179
IRS990/CYTotalExpensesAmt0555414
IRS990/CYTotalFundraisingExpenseAmt024702
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01009095
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0447
IRS990/DepreciationDepletionGrp/TotalAmt0447
IRS990/Desc0The Army Scholarship Foundation (ASF) grants academic scholarships to the children/spouses of active duty enlisted soldiers. ASF actively solicits contributions from the general public, foundations and corporation to fund its programs. The scholarhsips allow eligible recipients the opportunity to pursue their education, where they might otherwise be unable to do so. A total of 375 scholarships valued at $408,500 were awarded in 2025. A total of 1,083 applications for scholarhsips were received.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01034063
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0973622
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt0555414
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07859
IRS990/FeesForServicesAccountingGrp/TotalAmt07859
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt036061
IRS990/FeesForServicesManagementGrp/TotalAmt036061
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF GAULT
IRS990/Form990PartVIISectionAGrp/PersonNm1KEIRN BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2DANA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTOPHER LEPP
IRS990/Form990PartVIISectionAGrp/PersonNm4ELLEN HOULIHAN
IRS990/Form990PartVIISectionAGrp/PersonNm5ROSE GAULT
IRS990/Form990PartVIISectionAGrp/PersonNm6JOEL GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm7PHILLIP SHEARER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt084147
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0408500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0408500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0408500
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01009095
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0621
IRS990/InsuranceGrp/TotalAmt0621
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0159892
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0159892
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02175550
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02603433
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt05
IRS990/LandBldgEquipAccumDeprecAmt01040
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0895
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01192
IRS990/LandBldgEquipCostOrOtherBssAmt02232
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide college level academic scholarships to the children and spouses of active duty U.S. Military
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02250772
IRS990/NetAssetsOrFundBalancesEOYAmt02704453
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01216709
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01730831
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0640
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0191
IRS990/OfficeExpensesGrp/ProgramServicesAmt04968
IRS990/OfficeExpensesGrp/TotalAmt05799
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Volunteer Appreciation
IRS990/OtherExpensesGrp/Desc1Software Subscriptions
IRS990/OtherExpensesGrp/Desc2Credit Card Fees
IRS990/OtherExpensesGrp/FundraisingAmt06696
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0484
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11474
IRS990/OtherExpensesGrp/ProgramServicesAmt05420
IRS990/OtherExpensesGrp/TotalAmt0484
IRS990/OtherExpensesGrp/TotalAmt18170
IRS990/OtherExpensesGrp/TotalAmt25420
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06519
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03260
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055413
IRS990/OtherSalariesAndWagesGrp/TotalAmt065192
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0498
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0499
IRS990/PayrollTaxesGrp/ProgramServicesAmt03990
IRS990/PayrollTaxesGrp/TotalAmt04987
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0621
IRS990/PrincipalOfficerNm0Jeff Gault
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01015995
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0409447
IRS990/PYInvestmentIncomeAmt0122282
IRS990/PYOtherExpensesAmt086814
IRS990/PYRevenuesLessExpensesAmt0623178
IRS990/PYSalariesCompEmpBnftPaidAmt018838
IRS990/PYTotalExpensesAmt0515099
IRS990/PYTotalRevenueAmt01138277
IRS990/ReconcilationRevenueExpnssAmt0453681
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01009095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0849203
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01015995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0639518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0541755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0440683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03487154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0159892
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0122282
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt088114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-57507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035450
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0348231
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83830
IRS990ScheduleA/PublicSupportPY170Pct00.84880
IRS990ScheduleA/PublicSupportTotal170Amt03215315
IRS990ScheduleA/SubstantialContributorsTotAmt0271839
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0849203
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01015995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0639518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0541755
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0440683
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03487154
IRS990ScheduleA/TotalSupportAmt03835385
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01192
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01040
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02232
IRS990ScheduleD/ExpensesSubtotalAmt0555414
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01133887
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1953379
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2503367
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt312800
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Bank Cert of Deposits
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Bank MMA Savings Account
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Public Equity Stocks
IRS990ScheduleD/OtherSecuritiesGrp/Desc3License Fees
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/RevenueSubtotalAmt01009095
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01192
IRS990ScheduleD/TotalBookValueSecuritiesAmt02603433
IRS990ScheduleD/TotalExpensesPerForm990Amt0555414
IRS990ScheduleD/TotalRevenuePerForm990Amt01009095
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01009095
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0555414
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt026008
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01112
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01112
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Luncheon
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt014561
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt014561
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0110155
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0110155
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0110155
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0110155
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt084147
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02335
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02335
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0408500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0College ScholarshipsDetail on Statement 1
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0375
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Part 1 Line 2 Procedures for monitoring the use of grant funds
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1Applications are solicited through the Foundations website The
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2applications period occures annually in the spring for the fall
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3semester A selection committee review all applicaiton for
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt4eligibility and completeness The scholarship payments are made
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt5directly to the university and the funds are applied directly to
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt6the students course fees The foundation also says in contact
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt7with the applicants to monitor use of the scholarships plus
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt8reminding them to apply for additional scholarships
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc4Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc5Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc6Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc7Part 1 Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc8Part 1 Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All board member are presented with a preliminary copy of the 990 and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1audit. Questions are viewed and resolved before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request - Notice of availability listed on Web site.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02255136
IRS990/TotalAssetsEOYAmt02709835
IRS990/TotalAssetsGrp/BOYAmt02255136
IRS990/TotalAssetsGrp/EOYAmt02709835
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0849203
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024702
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014388
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0516324
IRS990/TotalFunctionalExpensesGrp/TotalAmt0555414
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04364
IRS990/TotalLiabilitiesEOYAmt05382
IRS990/TotalLiabilitiesGrp/BOYAmt04364
IRS990/TotalLiabilitiesGrp/EOYAmt05382
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02250772
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02704453
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0555414
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0159892
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01009095
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02255136
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02709835
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0749
IRS990/TravelGrp/TotalAmt0749
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011700 Preston Road Ste 660-301
IRS990/USAddress/CityNm0Dallas
IRS990/USAddress/StateAbbreviationCd0TX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,709,835
Liabilities
$5,382
Net assets
$2,704,453
Revenue
$1,009,095
Expenses
$555,414
Net income
$453,681
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.71$0.01$2.70$1.01$0.56$0.45
2024Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.25$1.14$0.52$0.62
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.00$1.63$0.73$0.44$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.48$0.29$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.48$0.30$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$0.36$0.21$0.15
2019Summary only. Only limited summary data is available for this year.$0.82$0.00$0.82$0.29$0.29$0.00
2018Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.29$0.20$0.09
2017Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.27$0.14$0.13
2016Summary only. Only limited summary data is available for this year.$0.60$0.01$0.59$0.20$0.12$0.08
2015Summary only. Only limited summary data is available for this year.$0.51$0.00$0.51$0.22$0.06$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.10$0.03$0.07
2013Summary only. Only limited summary data is available for this year.$0.28$0.00$0.28$0.10$0.02$0.08
2012Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$0.08$0.01$0.07
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.04$0.01$0.03