Civic Intelligence

Texas Rangers Baseball Foundation

990 • Fiscal year 2018 • EIN 75-2404714

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

PO Box 90111Arlington, TX 76004

(817) 273-5222

Siviq Scores

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

Liabilities / Assets

30th percentile

0.09x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

32nd percentile

0.15x

Higher debt load relative to revenue than 32% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

98th percentile

87%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

26th percentile

$167,833

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

97th percentile

97%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

234%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$26,151,028

Up $12,858,990 (+97%) from 2017

Net Assets

Up

$23,821,785

Up $13,397,250 (+129%) from 2017

Liabilities

Down

$2,329,243

Down $538,260 (-19%) from 2017

Revenue

Up

$16,028,359

Up $11,223,856 (+234%) from 2017

Expenses

Down

$2,025,846

Down $55,653 (-2.7%) from 2017

Net Income

Up

$14,002,513

Up $11,279,509 (+414%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $1,825,876Liabilities 2010: $97,085Net Assets 2010: $1,728,7912010Assets 2011: $1,898,238Liabilities 2011: $41,172Net Assets 2011: $1,857,0662011Assets 2012: $2,451,144Liabilities 2012: $36,546Net Assets 2012: $2,414,5982012Assets 2013: $3,121,704Liabilities 2013: $30,888Net Assets 2013: $3,090,8162013Assets 2014: $3,553,881Liabilities 2014: $94,362Net Assets 2014: $3,459,5192014Assets 2015: $3,955,218Liabilities 2015: $174,776Net Assets 2015: $3,780,4422015Assets 2016: $7,904,927Liabilities 2016: $252,197Net Assets 2016: $7,652,7302016Assets 2017: $13,292,038Liabilities 2017: $2,867,503Net Assets 2017: $10,424,5352017Assets 2018: $26,151,028Liabilities 2018: $2,329,243Net Assets 2018: $23,821,7852018Assets 2019: $28,907,494Liabilities 2019: $3,040,153Net Assets 2019: $25,867,3412019Assets 2020: $31,952,885Liabilities 2020: $3,042,024Net Assets 2020: $28,910,8612020Assets 2021: $34,464,785Liabilities 2021: $2,675,876Net Assets 2021: $31,788,9092021Assets 2022: $31,717,127Liabilities 2022: $2,919,856Net Assets 2022: $28,797,2712022Assets 2023: $35,120,982Liabilities 2023: $3,150,847Net Assets 2023: $31,970,1352023Assets 2024: $34,665,241Liabilities 2024: $3,082,254Net Assets 2024: $31,582,9872024

Highlighted filing

2018

Assets$26,151,028
Liabilities$2,329,243
Net Assets$23,821,785

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2010: $903,831Expenses 2010: $771,011Net Income 2010: $132,8202010Revenue 2011: $1,993,929Expenses 2011: $1,865,654Net Income 2011: $128,2752011Revenue 2012: $2,022,421Expenses 2012: $1,464,889Net Income 2012: $557,5322012Revenue 2013: $2,303,136Expenses 2013: $1,626,918Net Income 2013: $676,2182013Revenue 2014: $2,064,831Expenses 2014: $1,696,128Net Income 2014: $368,7032014Revenue 2015: $1,887,535Expenses 2015: $1,566,612Net Income 2015: $320,9232015Revenue 2016: $5,435,777Expenses 2016: $1,563,489Net Income 2016: $3,872,2882016Revenue 2017: $4,804,503Expenses 2017: $2,081,499Net Income 2017: $2,723,0042017Revenue 2018: $16,028,359Expenses 2018: $2,025,846Net Income 2018: $14,002,5132018Revenue 2019: $3,766,310Expenses 2019: $2,388,603Net Income 2019: $1,377,7072019Revenue 2020: $4,231,744Expenses 2020: $2,224,249Net Income 2020: $2,007,4952020Revenue 2021: $3,868,601Expenses 2021: $2,850,599Net Income 2021: $1,018,0022021Revenue 2022: $3,328,811Expenses 2022: $4,020,826Net Income 2022: -$692,0152022Revenue 2023: $5,812,725Expenses 2023: $3,507,575Net Income 2023: $2,305,1502023Revenue 2024: $5,960,341Expenses 2024: $7,039,221Net Income 2024: -$1,078,8802024

Highlighted filing

2018

Revenue$16,028,359
Expenses$2,025,846
Net Income$14,002,513
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$17,530,998
Mission and Program Overview

Mission

The Texas Rangers Baseball Foundation is dedicated to improving the lives of children in need within our community, and provides funding for children, the military and first responders and their families, educational, health, and athletic programming and partnerships. Since its inception in 1991, the Foundation has invested more than $30 million in our community to help children through support of programs including the Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, presented by Toyota, youth fitness and wellness programs like the just keep livin programs, scholarships, and summer programming for children in challenging circumstances.

The Texas Rangers Baseball Foundation is dedicated to improving the lives of children in need within our community, and provides funding for children, the military and first responders and their families, educational, health, and athletic programming and partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,785,271$13,559,725▲ $774,454
Pledges and Grants Receivable-$11,810,822-
Investments Other Securities-$639,317-
Other Notes and Loans Receivable, Net$109,257$0▼ $109,257
Accounts Receivable$228,548$84,988▼ $143,560
Cash and Non-Interest-Bearing Accounts$142,493$49,246▼ $93,247
Prepaid Expenses and Deferred Charges$26,469$4,123▼ $22,346
Investments in Publicly Traded Securities-$2,807-
Savings and Temporary Cash Investments-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$13,292,038$26,151,028▲ $12,858,990
Other Assets Total-$0-
Liabilities
Other Liabilities$2,553,877$1,843,216▼ $710,661
Grants Payable-$332,750-
Accounts Payable and Accrued Expenses$313,626$134,127▼ $179,499
Deferred Revenue-$19,150-
Total Liabilities$2,867,503$2,329,243▼ $538,260
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$12,775,458-
Unrestricted Net Assets$10,424,535$11,046,327▲ $621,792
Total Net Assets Fund Balance$10,424,535$23,821,785▲ $13,397,250
Total Liabilities and Net Assets / Fund Balance$13,292,038$26,151,028▲ $12,858,990

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,233,215$456,318$13,689,533
Other Land Buildings$251,847$41,974$293,821
Equipment$74,663$27,556$102,219

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018-$12,793,000▼ $17,542-$12,775,458
Compensation and Service Providers

Board Members and Trustees

NameTitle
Neil LeibmanChairman
Gary ColemanDirector
John BlakeDirector
Jonathan DanielsDirector
Ken HallDirector
Rob MatwickDirector
Taunee TaylorDirector
Karin MorrisExecutive Director
Katie PothierSecretary
Kellie L FischerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,791,219
Program Service Revenue
$0
Investment Income
$11,045
Other Revenue
$226,095
All Other Contributions
$14,759,325
Change in Net Assets
$14,002,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,028,359
Revenue Not Reported on Form 990
$1,002,472
Total Revenue per Audited Statements
$17,030,831
Total Revenue per Form 990
$16,028,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,056,799
Grants and Similar Amounts Paid$546,056
Salaries, Compensation, and Employee Benefits$422,991
Total Fundraising Expense$250,546
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$501,926--$501,926
Grants to Domestic Orgs$405,287--$405,287
Other Salaries and Wages$120,012$31,228$209,023$360,263
Grants to Domestic Individuals$140,769--$140,769
Other Employee Benefits$15,712$10,659$9,688$36,059
Other Expenses$62,751$33,748$28,465$28,465
Payroll Taxes$10,392$12,907$3,370$26,669
Travel-$795-$795
Total Functional Expenses$1,685,963$89,337$250,546$2,025,846

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,028,318
Expenses per Audited Statements$2,025,846
Total Expenses per Form 990$2,025,846
Expenses Not Reported on Form 990$1,002,472
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Do It for Durrett FoundationFort Worth, TX501(c)(3)-$94,480
Buckner InternationalDallas, TX509(a)(3)-$88,470
Make a Wish FoundationIrving, TX501(c)(3)-$40,869
Santa Fe Texas Education FounSanta Fe, TX501(c)(4)-$20,430
Mission MetroplexArlington, TX501(c)(3)-$15,000
Martin Perez FoundationCoral Gables, FL501(c)(3)-$13,746
Idegy IncColumbus, OH501(c)(3)-$11,500
Astros FoundationHouston, TX501(c)(3)-$10,000
El Paso Border Youth AthleticEl Paso, TX501(c)(3)-$10,000
Familylink Treatment ServicesGonzales, TX501(c)(3)-$10,000
St Landry Parish School BoarOpelousas, LA501(c)(3)-$10,000
Van Baseball Softball AssnVan, TX--$10,000
Paris Optimist FoundationParis, TX501(c)(3)-$9,760
Travis Mills FoundationHallowell, ME501(c)(3)-$9,000
Folds of Honor FoundationOwasso, OK501(c)(3)-$8,138
The Players Philanthropy FundTownson, MD501(c)(3)-$6,250
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,465,527
Fundraising Direct Expenses$826,878
Gaming Direct Expenses$675,761
Fundraising Gross Income$263,207
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ingame Activity$194,965-$11,855-
Triple Play$731,445$83,550$243,086$-159,536
Total Events$1,295,101$263,207$826,878$-563,671
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Texas Rangers Baseball Express$1,843,216
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization engages a paid preparer experienced in the preparation of the form 990. The foundation controller reviews the return. A copy of the return is then mailed or emailed to the board of directors prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each director, principal officer, and member of a committe formed by the board of directors annually signs a statement which affirms receipt of the policy, understanding of the policy and compliance with the policy. The information is subsequently reviewed by the board of directors and appropriate action is taken if necessary.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Texas rangers baseball foundation's governing documents and financial statements are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Texas Rangers Baseball Foundation
EIN
75-2404714
Phone
8172735222
Address
PO BOX 90111, ARLINGTON, TX 76004

Signing Officer

Name
Kellie L Fischer
Title
Treasurer
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neil Leibman
Formed
1991
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
100

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Kimberly D Crawford
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The purpose of the endowment fund is to support the programs of the texas rangers baseball foundation.

Part X : FIN48 Footnote

The Foundation is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Foundations exempt purposes is subject to tax under IRC Section 511. The Foundation is subject to federal income tax on net income from its 50/50 raffle. However, the Foundation had no unrelated business income tax liability for the year ended December 31, 2018. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Foundations tax returns and recognition of a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service (IRS). Management has analyzed the tax position taken by the Foundation, and has concluded that as of December 31, 2018, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

RAFFLE EXPENSES $126740

Part XII, Line 2D: Other expenses and losses per audited F/S

RAFFLE EXPENSES $126740

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Executive Dir.
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IRS990/GamingDirectExpensesAmt0675761
IRS990/GamingGrossIncomeAmt01465527
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IRS990/MissionDesc0The Texas Rangers Baseball Foundation is dedicated to improving the lives of children in need within our community, and provides funding for children, the military and first responders and their families, educational, health, and athletic programming and partnerships. Since its inception in 1991, the Foundation has invested more than $30 million in our community to help children through support of programs including the Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, presented by Toyota, youth fitness and wellness programs like the just keep livin programs, scholarships, and summer programming for children in challenging circumstances.
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010659
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt036059
IRS990/OtherExpensesGrp/Desc0URBAN YOUTH ACADEMY
IRS990/OtherExpensesGrp/Desc1pROGRAM EVENTS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3SPECIAL EVENTS
IRS990/OtherExpensesGrp/FundraisingAmt028465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033748
IRS990/OtherExpensesGrp/ProgramServicesAmt0205460
IRS990/OtherExpensesGrp/ProgramServicesAmt1223654
IRS990/OtherExpensesGrp/ProgramServicesAmt262751
IRS990/OtherExpensesGrp/TotalAmt0239208
IRS990/OtherExpensesGrp/TotalAmt1223654
IRS990/OtherExpensesGrp/TotalAmt262751
IRS990/OtherExpensesGrp/TotalAmt328465
IRS990/OtherLiabilitiesGrp/BOYAmt02553877
IRS990/OtherLiabilitiesGrp/EOYAmt01843216
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0209023
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031228
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0120012
IRS990/OtherSalariesAndWagesGrp/TotalAmt0360263
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0109257
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03370
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012907
IRS990/PayrollTaxesGrp/ProgramServicesAmt010392
IRS990/PayrollTaxesGrp/TotalAmt026669
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt011810822
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026469
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04123
IRS990/PrincipalOfficerNm0NEIL LEIBMAN
IRS990/PriorPeriodAdjustmentsAmt0-576676
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0The Texas Rangers Baseball Foundation operates the Texas Rangers MLB Youth Academy in West Dallas that provides baseball and softball instruction for more than 30,000 young people ages 7-18 each year and provides off the field educational programs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0205460
IRS990/ProgSrvcAccomActy3Grp/Desc0The Texas Rangers Baseball Foundation provides scholarships for students across North Texas through several scholarship programs including the Richard Greene Scholars program.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0140769
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0140769
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05005309
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01270247
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0575247
IRS990/PYOtherRevenueAmt0-200806
IRS990/PYRevenuesLessExpensesAmt02723004
IRS990/PYSalariesCompEmpBnftPaidAmt0236005
IRS990/PYTotalExpensesAmt02081499
IRS990/PYTotalRevenueAmt04804503
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt014002513
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015791219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05005309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05337792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02312502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02682741
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt031129563
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011045
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0151
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0103
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt064
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0413
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67120
IRS990ScheduleA/PublicSupportPY170Pct00.91350
IRS990ScheduleA/PublicSupportTotal170Amt020903023
IRS990ScheduleA/SubstantialContributorsTotAmt010226540
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt031129563
IRS990ScheduleA/TotalSupportAmt031141021
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt013233215
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0456318
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013689533
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt012793000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt012775458
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17542
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0875732
IRS990ScheduleD/DonatedServicesUseFcltsAmt0875732
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt074663
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027556
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0102219
IRS990ScheduleD/ExpensesNotReportedAmt01002472
IRS990ScheduleD/ExpensesSubtotalAmt02025846
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0126740
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0251847
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041974
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0293821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01843216
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO TEXAS RANGERS BASEBALL EXPRESS
IRS990ScheduleD/OtherRevenueAmt0126740
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt01002472
IRS990ScheduleD/RevenueSubtotalAmt016028359
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE ENDOWMENT FUND IS TO SUPPORT THE PROGRAMS OF THE TEXAS RANGERS BASEBALL FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Foundations exempt purposes is subject to tax under IRC Section 511. The Foundation is subject to federal income tax on net income from its 50/50 raffle. However, the Foundation had no unrelated business income tax liability for the year ended December 31, 2018. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Foundations tax returns and recognition of a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service (IRS). Management has analyzed the tax position taken by the Foundation, and has concluded that as of December 31, 2018, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RAFFLE EXPENSES $126740
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RAFFLE EXPENSES $126740

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.7$3.08$31.6$5.96$7.04$1.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.1$3.15$32.0$5.81$3.51$2.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.7$2.92$28.8$3.33$4.02$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.5$2.68$31.8$3.87$2.85$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.0$3.04$28.9$4.23$2.22$2.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$3.04$25.9$3.77$2.39$1.38
2018Detailed filing. Detailed filing data is available for this year.$26.2$2.33$23.8$16.0$2.03$14.0
2017Summary only. Only limited summary data is available for this year.$13.3$2.87$10.4$4.80$2.08$2.72
2016Summary only. Only limited summary data is available for this year.$7.90$0.25$7.65$5.44$1.56$3.87
2015Summary only. Only limited summary data is available for this year.$3.96$0.17$3.78$1.89$1.57$0.32
2014Summary only. Only limited summary data is available for this year.$3.55$0.09$3.46$2.06$1.70$0.37
2013Summary only. Only limited summary data is available for this year.$3.12$0.03$3.09$2.30$1.63$0.68
2012Summary only. Only limited summary data is available for this year.$2.45$0.04$2.41$2.02$1.46$0.56
2011Summary only. Only limited summary data is available for this year.$1.90$0.04$1.86$1.99$1.87$0.13
2010Summary only. Only limited summary data is available for this year.$1.83$0.10$1.73$0.90$0.77$0.13