Form 990 for tax year 2022
Filed by TEXAS RANGERS BASEBALL FOUNDATION.
Totals
- Total revenue
- $3,328,811
- Total expenses
- $4,020,826
- Contributions and grants received
- $2,078,013
- Grants paid
- $1,467,306
- Program service revenue
- $0
- Investment income
- $338,021
- Other revenue
- $912,777
- Total assets, end of year
- $31,717,127
- Total liabilities, end of year
- $2,919,856
- Net assets or fund balances, end of year
- $28,797,271
- Program services expenses (Part IX)
- $3,181,229
- Management and general expenses
- $362,664
- Fundraising expenses
- $476,933
- Program service expenses (Part III)
- $3,181,229
Program services were 79.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$763,717
-
1f · All other contributions, gifts and grants
$1,314,296
-
1g · Noncash contributions included above
$26,000
-
3 · Investment income
total $338,021 · excluded $338,021
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,469,899
-
8a · Fundraising events: contributions included on line 1c
$763,717
-
8b · Fundraising events: direct expenses
$1,527,464
-
8c · Net income from fundraising events
total -$57,565 · excluded -$57,565
-
9a · Gaming: gross income
$1,989,995
-
9b · Gaming: direct expenses
$1,019,682
-
9c · Net income from gaming
total $970,313 · unrelated business $970,313
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: other income
total $29 · related or exempt $29
-
11e · Other revenue, total
$29
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,301,532 · program services $1,301,532
-
2 · Grants to domestic individuals
total $165,774 · program services $165,774
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $703,765 · program services $243,012 · management and general $92,057 · fundraising $368,696
-
8 · Pension plan contributions
total $13,696 · program services $4,730 · management and general $1,791 · fundraising $7,175
-
9 · Other employee benefits
total $73,804 · program services $25,485 · management and general $9,654 · fundraising $38,665
-
10 · Payroll taxes
total $53,059 · program services $18,322 · management and general $6,940 · fundraising $27,797
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $16,200 · management and general $16,200
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $25,467 · management and general $25,467
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $509,239 · program services $509,239
-
23 · Insurance
total $0
-
24a · Other expenses: pROGRAM EVENTS
total $581,825 · program services $581,825
-
24b · Other expenses: URBAN YOUTH ACADEMY
total $391,364 · program services $296,389 · management and general $94,975
-
24c · Other expenses: BAD DEBT
total $100,000 · management and general $100,000
-
24d · Other expenses: SPECIAL EVENTS
total $69,521 · program services $34,921 · fundraising $34,600
-
24e · All other expenses
total $15,580 · management and general $15,580
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $800,548 · end of year $889,697
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $2,005,613 · end of year $1,335,880
-
4 · Accounts receivable
beginning of year $64,791 · end of year $11,462
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $248,947 · end of year $74,877
-
10a · Land, buildings and equipment: cost or other basis
$14,201,368
-
10b · Land, buildings and equipment: accumulated depreciation
$2,594,203
-
10c · Land, buildings and equipment, net
beginning of year $12,082,096 · end of year $11,607,165
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $19,262,790 · end of year $17,798,046
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $261,311 · end of year $285,536
-
18 · Grants payable
beginning of year $3,974 · end of year $3,974
-
19 · Deferred revenue
beginning of year $40,000 · end of year $116,300
-
25 · Other liabilities
beginning of year $2,370,591 · end of year $2,514,046
-
27 · Net assets without donor restrictions
beginning of year $12,781,707 · end of year $11,864,684
-
28 · Net assets with donor restrictions
beginning of year $19,007,202 · end of year $16,932,587
Mission and programs · 2022
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.
Activities or mission (Part I)
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.
-
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 $2,229,066 · Grants $801,532
-
In celebration of the Foundation anniversary and Rangers anniversary, we launched the Legacy Grant program in 2022. The one year program distributed five $100,000 grants.
Expenses $500,000 · Grants $500,000
-
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 $286,389
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Karin MorrisKARIN MORRIS
Executive Dir.
- Total calculated
- $207,821
- From this org
- $0
- From related orgs
- $203,789
- Other
- $4,032
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- not reported + $167,789 related
- Bonus
- not reported + $28,800 related
- Other
- not reported + $7,200 related
- Deferred
- not reported + $4,032 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $207,821 related
-
Neil LeibmanNEIL LEIBMAN
Chairman
- Total calculated
- $0
- Hours/week
- 5 + 10 related
-
Kellie L FischerKELLIE L FISCHER
Treasurer
- Total calculated
- $0
- Hours/week
- 10 + 30 related
-
Katie PothierKATIE POTHIER
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 39 related
-
John BlakeJOHN BLAKE
Director
- Total calculated
- $0
- Hours/week
- 10 + 30 related
-
Jonathan DanielsJONATHAN DANIELS
Director
- Total calculated
- $0
- Hours/week
- 5 + 35 related
-
Gary ColemanGARY COLEMAN
Director
- Total calculated
- $0
- Hours/week
- 1 + 39 related
-
Ken HallKEN HALL
Director
- Total calculated
- $0
- Hours/week
- 10
-
Rob MatwickROB MATWICK
Director
- Total calculated
- $0
- Hours/week
- 5 + 35 related
-
Taunee TaylorTAUNEE TAYLOR
Director
- Total calculated
- $0
- Hours/week
- 10 + 30 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part II, Compensation from Unrelated Organizations
- THE EXECUTIVE DIRECTOR'S COMPENSATION IS PAID BY TEXAS RANGERS BASEBALL EXPRESS, LLC.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$100,000
GENERAL SUPPORT
-
$100,000
GENERAL SUPPORT
-
$100,000
GENERAL SUPPORT
-
$100,000
GENERAL SUPPORT
-
$100,000
GENERAL SUPPORT
-
$50,000
GENERAL SUPPORT
-
$48,000
GENERAL SUPPORT
-
ROBB SCHOOL MEMORIAL FUND
$42,500
GENERAL SUPPORT
-
$35,000
GENERAL SUPPORT
-
$23,000
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RANGERS BASEBALL EXPRESS LLC
BASEBALL · TX
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
RANGERS CLUB TRUST
BASEBALL · DE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333179349310853
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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