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Nonprofit · EIN 75-2255527

TEXO FOUNDATION

Tax-exempt · DALLAS, TX 75229

Financials

$268K$292K2023$1.3M$345K2024
Revenue Expenses · by fiscal year end
Financials of TEXO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,312,352$345,147$967,205$2,254,690$63,162$2,191,528
December 31, 2023990$268,393$291,692-$23,299$1,228,559$27,093$1,201,466
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,283,894
Program service revenue
$6,400
Investment income
$37,116
Net income from fundraising events
-$45,558
Other revenue
-$15,058

Expenses

Grants and similar amounts paid
$76,141
Compensation of officers, directors and key employees
$89,940
Other salaries and wages
$71,718
Salaries, compensation and benefits (total)
$174,843
Professional fundraising fees
$0
Travel
$381
Program services (functional)
$146,009
Management and general (functional)
$140,857
Fundraising (functional)
$58,281

Balance sheet and other

Total assets, start of year
$1,228,559
Total assets, end of year
$2,254,690
Total liabilities, end of year
$63,162
Net assets, end of year
$2,191,528
Publicly traded securities
$544,159
Net assets without donor restrictions
$1,077,148
Net assets with donor restrictions
$1,114,380
Gross receipts
$1,570,047
Employees
0
Volunteers
0
Year formed
1988
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELONI RANEYPRESIDENT/CEO
Officer
8$0$279,280$18,552
TODD HOLTZVP OF OPERATIONS
Highest-paid employee
1$0$182,368$16,835
ASHLYN SMITHVP OF MEMBER PROGRAMS AND SERV
Highest-paid employee
2$0$134,251$19,686
LARINDA SMITHTEXO FDN MANAGER
Officer
40$85,734$0$4,207
KYLE PACHECOBOARD CHAIR
Trustee or director, Officer
1$0$0$0
TERRI GABERCHAIR
Trustee or director, Officer
1$0$0$0
BRENT GUICEDIRECTOR
Trustee or director
1$0$0$0
GRADLIN FRANKSDIRECTOR
Trustee or director
1$0$0$0
KOLBY MAYDIRECTOR
Trustee or director
1$0$0$0
LOGAN HARPERDIRECTOR
Trustee or director
1$0$0$0
MICHAEL GARZAINCOMING CHAIR
Trustee or director, Officer
1$0$0$0
JEFF POSTELLDIRECTOR
Trustee or director
1$0$0$0
KATAYOUN MOKHTARZADEHSECRETARY/TREASURER
Officer
1$0$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MELONI RANEYPRESIDENT/CEO
Officer
8$0$265,655$23,693
TODD HOLTZVP OF OPERATIONS
Highest-paid employee
1$0$167,792$6,824
ASHLYN SMITHVP OF MEMBER PROGRAMS AND SERVICES
Highest-paid employee
2$0$133,048$25,296
LARINDA SMITHTEXO FDN MANAGER
Officer
40$84,380$0$5,240
BECK DANDOPast Chair
Trustee or director, Officer
1$0$0$0
KYLE PACHECOChair-Elect
Trustee or director, Officer
1$0$0$0
TERRI GABERchair
Trustee or director, Officer
1$0$0$0
Brent GuiceDirector
Trustee or director
1$0$0$0
Gradlin FranksDirector
Trustee or director
1$0$0$0
JOE RIVASDIRECTOR
Trustee or director
1$0$0$0
Kolby MayDIRECTOR
Trustee or director
1$0$0$0
LOGAN HARPERDIRECTOR
Trustee or director
1$0$0$0
Michael ManryDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
11101 N STEMMONS FWY, DALLAS, TX 75229-4530
In care of
% MELONI RANEY
Principal officer (990 for 2024)
MELONI RANEY, 11101 Stemmons Fwy, Dallas, TX 75229
Signed the 990
MELONI RANEY, PRESIDENT/CEO
Phone
(972) 647-0697
Return prepared by
MILLER KAPLAN ARASE LLP

Mission

WE DEVELOP INNOVATIVE PROGRAMS, PROVIDE SCHOLARSHIPS, OFFER EDUCATION GRANTS, WHICH SUPPORT THE CONSTRUCTION EDUCATION COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • UNIVERSITY GRANTS AND STUDENT SCHOLARSHIPS IN AREAS OF CONSTRUCTION AND CIVIL ENGINEERING.
    Expenses $146,009 · grants $76,141 · revenue $6,400

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2255527
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$2,254,690
Income (IRS master file)
$1,570,047

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,312,352$345,147$2,254,690XML
990December 2023$268,393$291,692$1,228,559XML
990December 2022$117,617$160,474$1,220,630IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2255527).

Questions about TEXO FOUNDATION

What is the EIN of TEXO FOUNDATION?
The employer identification number (EIN) of TEXO FOUNDATION is 75-2255527.
Is TEXO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to TEXO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXO FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TEXO FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXO FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TEXO FOUNDATION?
The 990 for the year ended December 31, 2024 names MELONI RANEY.
Who are the officers and directors of TEXO FOUNDATION?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization.
How much revenue does TEXO FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,312,352, expenses of $345,147 and total assets of $2,254,690 at year end.

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