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Nonprofit · EIN 75-2404714

TEXAS RANGERS BASEBALL FOUNDATION

Tax-exempt · ARLINGTON, TX 76011

Financials

$5.8M$3.5M2023$6M$7M2024
Revenue Expenses · by fiscal year end
Financials of TEXAS RANGERS BASEBALL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,960,341$7,039,221-$1,078,880$34,665,241$3,082,254$31,582,987
December 31, 2023990$5,812,725$3,507,575$2,305,150$35,120,982$3,150,847$31,970,135
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,459,324
Program service revenue
$0
Investment income
$898,343
Net gain from sales of assets
$5,196
Net income from fundraising events
-$1,899,421
Net income from gaming
$1,502,095
Other revenue
-$397,326

Expenses

Grants and similar amounts paid
$759,913
Compensation of officers, directors and key employees
$0
Other salaries and wages
$869,882
Salaries, compensation and benefits (total)
$1,051,970
Professional fundraising fees
$0
Travel
$26,965
Depreciation
$568,095
Program services (functional)
$6,213,708
Management and general (functional)
$351,857
Fundraising (functional)
$473,656

Balance sheet and other

Total assets, start of year
$35,120,982
Total assets, end of year
$34,665,241
Total liabilities, end of year
$3,082,254
Net assets, end of year
$31,582,987
Land, buildings and equipment
$12,234,708
Net assets without donor restrictions
$11,682,793
Net assets with donor restrictions
$19,900,194
Gross unrelated business income
$1,502,095
Gross receipts
$11,511,854
Employees
0
Volunteers
100
Year formed
1991
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
NEIL LEIBMANChairman
Trustee or director, Officer
5$0$778,146$0
KELLIE L FISCHERTreasurer
Trustee or director, Officer
10$0$567,860$14,050
ERIN KEARNEYSecretary
Trustee or director, Officer
10$0$270,536$10,177
KARIN MORRISExecutive Dir.
Officer
2$0$205,828$8,075
LIZ YOUNGDirector
Trustee or director
10$0$0$0
GARY COLEMANDirector
Trustee or director
1$0$0$0
KEN HALLDirector
Trustee or director
10$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KARIN MORRISExecutive Dir.
Officer
2$0$204,647$7,902
NEIL LEIBMANChairman
Trustee or director, Officer
5$0$0$0
KELLIE L FISCHERTreasurer
Trustee or director, Officer
10$0$0$0
LIZ YOUNGDirector
Trustee or director
10$0$0$0
GARY COLEMANDirector
Trustee or director
1$0$0$0
KEN HALLDirector
Trustee or director
10$0$0$0
ERIN KEARNEYSecretary
Trustee or director, Officer
10$0$0$0

Address and contacts

Address (IRS master file)
734 STADIUM DR, ARLINGTON, TX 76011-6203
Principal officer (990 for 2024)
NEIL LEIBMAN, 734 STADIUM DRIVE, ARLINGTON, TX 76011
Signed the 990
KELLIE L FISCHER, Treasurer
Phone
(817) 533-1600
Return prepared by
Sutton Frost Cary LLP

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.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TEXAS RANGERS BASEBALL FOUNDATION CONDUCTS CHARITABLE ACTIVITIES IN THE DALLAS/FORT WORTH AREA, INCLUDING SEVERAL YOUTH PROGRAMS THAT PROVIDE HEALTH, WELLNESS, AND EXERCISE EDUCATION, AS WELL AS THE PROVISION OF RANGERS BASEBALL GAME TICKETS TO UNDERPRIVILEGED CHILDREN.
    Expenses $5,589,980 · grants $475,515
  • The 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.
    Expenses $339,330
  • The Texas Rangers Baseball Foundation provides scholarships for students across North Texas through several scholarship programs including the Richard Greene Scholars program.
    Expenses $284,398 · grants $284,398

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
75-2404714
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B70M)
Assets (IRS master file)
$34,665,241
Income (IRS master file)
$11,511,854

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,960,341$7,039,221$34,665,241XML
990-TDecember 2024–––IRS
990December 2023$5,812,725$3,507,575$35,120,982XML
990-TDecember 2023–––IRS
990December 2022$3,328,811$4,020,826$31,717,127IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––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 75-2404714).

Questions about TEXAS RANGERS BASEBALL FOUNDATION

What is the EIN of TEXAS RANGERS BASEBALL FOUNDATION?
The employer identification number (EIN) of TEXAS RANGERS BASEBALL FOUNDATION is 75-2404714.
Is TEXAS RANGERS BASEBALL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to TEXAS RANGERS BASEBALL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS RANGERS BASEBALL 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 TEXAS RANGERS BASEBALL 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 TEXAS RANGERS BASEBALL 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 TEXAS RANGERS BASEBALL FOUNDATION?
The 990 for the year ended December 31, 2024 names NEIL LEIBMAN.
Who are the officers and directors of TEXAS RANGERS BASEBALL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does TEXAS RANGERS BASEBALL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,960,341, expenses of $7,039,221 and total assets of $34,665,241 at year end.

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