Civic Intelligence

Salesmanship Club Foundation

EIN 75-2439715 • 501(c)3 • Dallas, TX

Profile

Support momentous institute and the salesmanship club of dallas to promote the educational and mental health services for children and their families through an affiliated non-profit operating corporation. The salesmanship club of dallas provides momentous institute with operating funds necessary to carry out operations, and activities of its programs and facility needs.

106 E 10th St 200Dallas, TX 75203

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.01x

Higher debt load relative to revenue than 5% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

86th percentile

36%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

17%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

119%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$190,833,054

Up $27,220,864 (+17%) from 2023

Liabilities

Up

$90,507

Up $36,775 (+68%) from 2023

Net Assets

Up

$190,742,547

Up $27,184,089 (+17%) from 2023

Revenue

Up

$13,118,530

Up $7,123,973 (+119%) from 2023

Expenses

Up

$8,396,397

Up $348,209 (+4.3%) from 2023

Net Income

Up

$4,722,133

Up $6,775,764 (+330%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $85,108,652Liabilities 2010: $124,213Net Assets 2010: $84,984,4392010Assets 2011: $88,962,769Liabilities 2011: $88,648Net Assets 2011: $88,874,1212011Assets 2012: $94,874,681Liabilities 2012: $117,121Net Assets 2012: $94,757,5602012Assets 2013: $109,628,184Liabilities 2013: $135,170Net Assets 2013: $109,493,0142013Assets 2014: $117,518,432Liabilities 2014: $175,574Net Assets 2014: $117,342,8582014Assets 2015: $114,036,463Liabilities 2015: $58,281Net Assets 2015: $113,978,1822015Assets 2016: $115,591,200Liabilities 2016: $63,027Net Assets 2016: $115,528,1732016Assets 2017: $132,804,354Liabilities 2017: $38,912Net Assets 2017: $132,765,4422017Assets 2018: $136,687,879Liabilities 2018: $288,701Net Assets 2018: $136,399,1782018Assets 2019: $148,387,920Liabilities 2019: $45,151Net Assets 2019: $148,342,7692019Assets 2020: $158,358,007Liabilities 2020: $51,875Net Assets 2020: $158,306,1322020Assets 2021: $194,849,436Liabilities 2021: $57,990Net Assets 2021: $194,791,4462021Assets 2022: $167,334,346Liabilities 2022: $63,785Net Assets 2022: $167,270,5612022Assets 2023: $163,612,190Liabilities 2023: $53,732Net Assets 2023: $163,558,4582023Assets 2024: $190,833,054Liabilities 2024: $90,507Net Assets 2024: $190,742,5472024

Highlighted filing

2024

Assets$190,833,054
Liabilities$90,507
Net Assets$190,742,547

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,948,3412010Expenses 2011: $3,012,4932011Expenses 2012: $3,211,2952012Expenses 2013: $3,541,8732013Revenue 2014: $5,936,342Expenses 2014: $3,876,700Net Income 2014: $2,059,6422014Revenue 2015: $8,262,888Expenses 2015: $4,123,585Net Income 2015: $4,139,3032015Revenue 2016: $4,789,868Expenses 2016: $4,405,975Net Income 2016: $383,8932016Revenue 2017: $3,702,663Expenses 2017: $4,547,787Net Income 2017: -$845,1242017Revenue 2018: $9,265,264Expenses 2018: $4,716,663Net Income 2018: $4,548,6012018Revenue 2019: $10,954,246Expenses 2019: $5,209,752Net Income 2019: $5,744,4942019Revenue 2020: $4,239,483Expenses 2020: $5,895,827Net Income 2020: -$1,656,3442020Revenue 2021: $16,478,293Expenses 2021: $6,762,228Net Income 2021: $9,716,0652021Revenue 2022: $8,836,135Expenses 2022: $7,686,576Net Income 2022: $1,149,5592022Revenue 2023: $5,994,557Expenses 2023: $8,048,188Net Income 2023: -$2,053,6312023Revenue 2024: $13,118,530Expenses 2024: $8,396,397Net Income 2024: $4,722,1332024

Highlighted filing

2024

Revenue$13,118,530
Expenses$8,396,397
Net Income$4,722,133

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$191$0.09$191$13.1$8.40$4.72
2023Detailed filing. Detailed filing data is available for this year.$164$0.05$164$5.99$8.05$2.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$167$0.06$167$8.84$7.69$1.15
2021Detailed filing. Detailed filing data is available for this year.$195$0.06$195$16.5$6.76$9.72
2020Detailed filing. Detailed filing data is available for this year.$158$0.05$158$4.24$5.90$1.66
2019Detailed filing. Detailed filing data is available for this year.$148$0.05$148$11.0$5.21$5.74
2018Detailed filing. Detailed filing data is available for this year.$137$0.29$136$9.27$4.72$4.55
2017Detailed filing. Detailed filing data is available for this year.$133$0.04$133$3.70$4.55$0.85
2016Detailed filing. Detailed filing data is available for this year.$116$0.06$116$4.79$4.41$0.38
2015Detailed filing. Detailed filing data is available for this year.$114$0.06$114$8.26$4.12$4.14
2014Detailed filing. Detailed filing data is available for this year.$118$0.18$117$5.94$3.88$2.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$0.14$109$3.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.9$0.12$94.8$3.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.0$0.09$88.9$3.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.1$0.12$85.0$2.95
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Sep 15, 2025
Return Version
2023v6.0
Gross Receipts
$49,507,530
Mission and Program Overview

Mission

Support momentous institute and the salesmanship club of dallas to promote the educational and mental health services for children and their families in the greater dallas area through an affiliated non-profit operating corporation. The salesmanship club of dallas provides momentous institute with operating funds necessary to carry out operations, and activities of its programs and facility needs.

Support momentous institute and the salesmanship club of dallas charitable and educational undertakings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$162,165,493$186,179,834▲ $24,014,341
Savings and Temporary Cash Investments$693,219$3,695,521▲ $3,002,302
Investments Other Securities$435,826$430,970▼ $4,856
Accounts Receivable$148$100▼ $48
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$163,612,190$190,833,054▲ $27,220,864
Other Assets Total$317,504$526,629▲ $209,125
Liabilities
Accounts Payable and Accrued Expenses$53,732$60,389▲ $6,657
Other Liabilities$0$30,118▲ $30,118
Total Liabilities$53,732$90,507▲ $36,775
Net Assets / Fund Balance
Net Assets With Donor Restrictions$95,241,132$110,956,037▲ $15,714,905
Net Assets Without Donor Restrictions$68,317,326$79,786,510▲ $11,469,184
Total Net Assets Fund Balance$163,558,458$190,742,547▲ $27,184,089
Total Liabilities and Net Assets / Fund Balance$163,612,190$190,833,054▲ $27,220,864

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$163,558,458$234,590▲ $34,652,262$7,089,684$190,742,547
2022$167,270,561$29,175▲ $3,663,332$6,822,945$163,558,458
2021$194,791,446$15,625▼ $20,534,162$6,411,576$167,270,561
2020$158,306,132$131,881▲ $42,446,722$5,652,698$194,791,446
2019$148,342,769$58,299▲ $15,237,572$5,063,110$158,306,132
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter C ChilianChairman
Linda C JilekDirector of Finance
Teri IsaacsExecutive Director
Brandon R BookerSr. Director of Finance
Blake CecilTrustee
George Morgan IiiTrustee
Jack LagereTrustee
James YoderTrustee
Mike HaggertyTrustee
Payne LancasterTrustee
Kurt StevesSecretary
Mark GehlbachTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Luther King Capital ManagementInvestment Management Services301 COMMERCE ST SUITE 1600, Ft Worth, TX 76102-4116$736,429
Revenue and Support

Revenue Composition

Contributions and Grants
$234,590
Program Service Revenue
$0
Investment Income
$12,856,567
Other Revenue
$27,373
All Other Contributions
$234,590
Change in Net Assets
$4,722,133

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,424,896
Revenue Not Reported on Financial Statements
$693,634
Revenue Not Reported on Form 990
$22,461,956
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$34,886,852
Total Revenue per Form 990
$13,118,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,089,684
Other Expenses$1,306,713
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,089,684--$7,089,684
Fees for Service Investment Mgmnt Fees-$693,634-$693,634
Insurance-$57,220-$57,220
Fees for Services Accounting-$26,902-$26,902
Other Expenses-$10,845-$10,845
Total Functional Expenses$7,089,684$1,306,713$0$8,396,397

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,396,397
Expenses per Audited Statements$7,702,763
Total Expenses per Audited Statements$7,702,763
Expenses Not Reported on Financial Statements$693,634
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Salesmanship Club of DallasDallas, TX501(c)(3)Transfer for operating and program expenses$7,089,684
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Salesmanship Club of Dallas$30,118
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL

Line 15a was answered "no" in accordance with the irs instructions. The executive director was compensated by a related organization, salesmanship club of dallas, for management of the filing organization. An independent third party compensation survey of similar non-profit organizations is conducted each year. The salaries and benefits are compared to other organizations for reasonableness. Such information is presented to the board of directors. The recommended salary and benefits are approved by the board of directors. Total salaries are reviewed by the finance committee and approved by the board of directors.

Form 990, Part VI, Line 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS

Line 15b was answered "no" in accordance with the irs instructions. The sr director of finance was compensated by a related organization, salesmanship club of dallas. An independent third party compensation survey of similar non-profit organizations is conducted each year. The salaries and benefits are compared to other organizations for reasonableness. Such information is presented to the board of directors. The recommended salary and benefits are approved by the board of directors. Total salaries are reviewed by the finance committee and approved by the board of directors.

Form 990, Part VI, Line 6 Classes of members or stockholders

The members of the foundation nominating committee shall be all past chairmen of the foundation, all past presidents of salesmanship club who have served as trustees of the foundation (either voting or non-voting), the incumbent chairman of the foundation and the incumbent president of salesmanship club.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The following five members of the foundation shall serve as the nominating committee: (1) two past presidents capable of serving and who reside in the greater dallas area, as follows: a. The third preceding past president. B. The fifth preceding past president. (2) the current chairman of the foundation. (3) two immediate past chairmen of the foundation capable of serving and who reside in the greater dallas area. (4) if a past president, the current chairman, or an immediate past chairmen is unable to serve or no longer lives in the greater dallas area, then the individual who was the immediate successor in office to the individual unable to serve shall serve as a member of the nominating committee. The nominating committee shall select nominee(s) for trustees to fill vacancies as necessary annually prior to the annual meeting of the board of trustees. Nominees shall be put forth based upon their independent judgment, financial expertise and understanding and appreciation of their fiduciary duties. Each year prior to the annual meeting of the board of trustees, the board of trustees shall receive from the nominating committee nominations for trustees to fill these trustee vacancies. Trustees shall be elected solely from the slate of such nominees. If the board of trustees rejects any such nominee, a new nominee shall be submitted by the nominating committee.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The members of the foundation shall have voting rights solely with respect to any proposed amendment or restatement of the restated certificate of formation of the foundation and any proposed alteration, amendment, repeal of the bylaws of the foundation, or adoption of new bylaws, in accordance with the procedures set forth in the restated certificate of formation and in the article twelve of the bylaws.

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

All committees document meetings and actions. However, the organization did not have any committees with authority to act on behalf of the governing body.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is prepared and reviewed by an outside accounting firm. Upon completion, the document is reviewed by the controller, sr. Director of finance and the executive director. Copies of the completed form 990 are distributed to the governing body for comments and questions. Any clarifications or changes required to the final form will be made and returned to the governing body prior to filing with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

All board members are required to complete a conflict of interest questionnaire on an annual basis, and all staff are required to complete a conflict of interest upon hire and inform management when a potential conflict arises. All potential conflicts are reviewed by the board of directors prior to entering into a contract. If a conflict exists, the board member is recused from discussion and voting.

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Salesmanship Club Foundation
EIN
75-2439715
Phone
2149439700
Address
106 E 10th St 200, Dallas, TX 75203

Signing Officer

Name
Brandon Booker
Title
Senior Director of Finance
Phone
2149439700
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Crowe Llp
Address
4801 Olympia Park Plaza Suite 4000, Louisville, KY 40241-2098
Preparer
Rachel Spurlock
Phone
5023263996
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

Endowment funds are used to support the charitable and educational undertakings of momentous institute and salesmanship club of dallas by providing operating and program related grants.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Foundation is exempt from federal income tax under Section 501(c)(3) of the United States Internal Revenue Code (the "Code"), except to the extent it has unrelated business income. In addition, the Foundation has been determined by the Internal Revenue Service to be a public charity within the meaning of Section 509(a)(3) of the Code. For the years ended October 31, 2024 and 2023, the Foundation had no net unrelated business income. Accordingly, no provision for income tax has been provided in the accompanying financial statements. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Foundation's tax return to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The Foundation is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding accounting for uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. The Foundation recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense. The Foundation's informational returns filed are generally subject to examination for three years after the later of the due date or date of filing.

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IRS990/Desc0The Foundation is organized and operated to support the charitable and educational undertakings of Momentous Institute and Salesmanship Club of Dallas to receive, hold, manage, convey and dispose of property and invest funds donated or otherwise acquired. Momentous Institute is dedicated to innovative mental health services, education, and professional training to strengthen children, families, and communities. The organization partners with over 5,000 children and family members directly through innovative education and therapeutic services. Momentous Institute offers a range of therapeutic services, including individual, family and group therapies, and parent education. Using a strength-based approach, children and families are able to walk through trauma, conflict and other challenges. Momentous School provides pre-kindergarten, children ages 3 years old through fifth grade education to students, the majority of whom qualify for a free or reduced lunch. Momentous School uses a strengths-based approach to weave experiences in social emotional health with a rich curriculum. The organization also invests in research and training, including the annual Changing the Odds conference, to reach far more children than could ever be seen directly.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS ARE USED TO SUPPORT THE CHARITABLE AND EDUCATIONAL UNDERTAKINGS OF MOMENTOUS INSTITUTE AND SALESMANSHIP CLUB OF DALLAS BY PROVIDING OPERATING AND PROGRAM RELATED GRANTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is exempt from federal income tax under Section 501(c)(3) of the United States Internal Revenue Code (the "Code"), except to the extent it has unrelated business income. In addition, the Foundation has been determined by the Internal Revenue Service to be a public charity within the meaning of Section 509(a)(3) of the Code. For the years ended October 31, 2024 and 2023, the Foundation had no net unrelated business income. Accordingly, no provision for income tax has been provided in the accompanying financial statements. GAAP requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Foundation's tax return to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax benefit or expense in the current year. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. The Foundation is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding accounting for uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. The Foundation recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense. The Foundation's informational returns filed are generally subject to examination for three years after the later of the due date or date of filing.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part V, Line 4 Intended uses of endowment funds
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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