Grayson Touchdown Club INC

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To provide equipment and other related support to the football team of Grayson High School not provided by the local government funding

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-2535749) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $6K a year · 3% of revenue · last 4 filings
A surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
96%
of spending
96% of spending went to programs.
Pt IX · Ln 25 · col B
1.4 mo
of spending, in cash
1.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Revenue
$224K
+5% vs prior year
Spent
$212K
To programs
96%
Net assets
$25K
By yearFY2020–FY2024
Revenue
$224K
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$188K
FY2021$212K
FY2022$200K
FY2023$214K
FY2024$224K
Expenses
$212K
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$234K
FY2022$211K
FY2023$216K
FY2024$212K
Net assets
$25K
FY2024▲ +83%
Tap a bar for its year
Net assets by fiscal year
FY2020$44K
FY2021$23K
FY2022$11K
FY2023$14K
FY2024$25K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Mar 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $203K Management & general 4% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Grayson Touchdown Club INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Equips and supports the Grayson High School football team with needed resources.

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1 program · $203K · in their own filed words · FY2024
01

This program provided equipment and other related support to the football team of Grayson high school. These items were not provided by the local government funding.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-2535749) · Dispute this line
$203Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$224K
Ln 12
Gifts and grantsLn 1h$171K
Fees for servicesLn 2g$53K
Money outPt IX
$212K
Ln 25
Programscol B$203K
Managementcol C$9K
Owns and owesPt X
$25K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$25K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$171K
Fees for servicesLn 2g$53K
Total revenueLn 12$224K
Assets in detailPt X, end of year
CashLn 1$25K
Cash and savings togetherLn 1–2$25K
Total assetsLn 16$25K
LiabilitiesLn 26$0
Net assetsLn 32$25K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$14K$25K
Total assetsLn 16$14K$25K
LiabilitiesLn 26$0$0
Net assetsLn 32$14K$25K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$4K$4K
TravelLn 17$2K$2K
Other expenses (24a–d)Ln 24$150K$150K
All other expensesLn 24e$49K$47K$2K
Total functional expensesLn 25$212K$203K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Apr 18, 2026 $224K$212K$12K$25K 990 PDF
FY2023Filed with the IRS Sep 10, 2024 $214K$216K−$2K$14K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $200K$211K−$11K$11K 990 PDF
FY2021Filed with the IRS Mar 13, 2022 $212K$234K−$21K$23K 990 PDF
FY2020Filed with the IRS Jan 18, 2022 $188K$44K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $223,529 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $178,186$170,889
I-9 Program service revenuePrior year $35,581$52,640
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $213,767$223,529
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $215,506$212,000
I-18 Total expensesPrior year $215,506$212,000
I-19 Revenue less expensesPrior year −$1,739$11,529
Part VI · Governance 3 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $223,529 across 5 lines filed
VIII-1b Membership dues$101,917
VIII-1h Total contributions, gifts and grants$170,889
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $52,640$52,640
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $52,640 · Unrelated business $0 · Excluded from tax $0$223,529
Part IX · Statement of functional expenses $212,000 across 6 lines filed
IX-11c Accounting feesManagement $2,935$2,935
IX-12 Advertising and promotionPrograms $3,545$3,545
IX-13 Office expensesManagement $4,049$4,049
IX-17 TravelPrograms $2,300$2,300
IX-24 Other expenses (24a–d)Programs $150,270$150,270
IX-24e All other expensesPrograms $46,672 · Management $2,229$48,901
IX-25 Total functional expensesPrograms $202,787 · Management $9,213 · Fundraising $0$212,000
Part X · Balance sheet $25,477 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $13,913$25,477
X-16 Total assetsStart of year $13,913$25,477
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $13,913$25,477
X-32 Total net assets or fund balancesStart of year $13,913$25,477
X-33 Total liabilities and net assetsStart of year $13,913$25,477
Part XI · Reconciliation of net assets $25,477 net assets at year end
XI-1 Total revenue$223,529
XI-2 Total expenses$212,000
XI-3 Revenue less expenses$11,529
XI-4 Net assets at start of year$13,913
XI-9 Other changes in net assets$35
XI-10 Net assets at end of year$25,477

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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