Davey Obrien Educational & Charitable Trust FY2022 filing

Tax-deductible

Fort Worth, TX501(c)(3)EIN 75-1620423Revenue $444K in FY2022

On file with the IRSdaveyobrien.org306 W 7th St Ste M-15, 76102-4905 · Fort Worth, TXTax-exempt since Mar 1979Publicly supported charity — 170(b)(1)(A)(vi)

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The purpose of the Davey o'brien foundation is to recognize outstanding student-athletes for their achievements both on and off the field through the foundation's various awards programs. Since 1977, the foundation has given away more than $1,212,500 in scholarships.

501(c)(3) charity; gifts are tax-deductible.
48¢ of each $1 spent went to programs.
$114K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $49K a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$114K
to officers and key staff · 40% of spending
Concern: pay to officers and key staff is 40% of spending; over 30%.
Pt VII · Sec A
Cash reserves
46 mo
of spending, in cash
Looks good: 45.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $104K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$305K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 33 voting members
Looks good: 33 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$444K
+279% vs prior year
Spent
$289K
To programs
48%
Net assets
$1.3M
By yearFY2021–FY2025
Revenue
$444K
FY2022▲ +279%
Tap a bar for its year
Revenue by fiscal year
FY2021$117K
FY2022$444K
FY2023$471K
FY2024$327K
FY2025$463K
Expenses
$289K
FY2022▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2021$245K
FY2022$289K
FY2023$327K
FY2024$362K
FY2025$356K
Net assets
$1.3M
FY2022▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$1.3M
FY2023$1.4M
FY2024$1.4M
FY2025$1.5M

From the FY2022 Form 990 (year ending March 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1979.

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

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $140K Management & general 23% · $67K Fundraising 28% · $82K

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

34 people listed on the 990; $114K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$92,300Pt VII · Sec A
Director
$21,995Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Kendall Cason Iles$101,800$106,667$100,800$92,300$94,582
Scott Murray———$21,995$5,125

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Awards outstanding student-athletes for achievements on and off the field with scholarships.

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Provided by the organization

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1 program · $140K · in their own filed words · FY2021
01

Scholarship awards

$140Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$104K
See all 3 funders →
Grants paid · 8 grants · $218K · 2020–2024
Unitemized GrantFY2024$42,000
Unitemized GrantFY2023$40,000
Unitemized GrantFY2022$40,000
Como Lions HeartTX · FY2022$6,000
Unitemized GrantFY2021$40,000
Unitemized GrantFY2020$40,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$444K
Ln 12
Gifts and grantsLn 1h$430K
Other incomeLn 4–11$8K
Investment incomeLn 3$7K
Money outPt IX
$289K
Ln 25
Programscol B$140K
Managementcol C$67K
Fundraisingcol D$82K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.6M
LiabilitiesLn 26$305K
PeoplePt VI, VII
34
listed · VII A
PaidVII A2
Voting boardVI 1a33
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$430K
Government grantsLn 1e$30K
Fundraising eventsLn 1c$234K
Investment incomeLn 3$7K
Other incomeLn 4–11$8K
Gains on assetsLn 7$1K
Total revenueLn 12$444K
Assets in detailPt X, end of year
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$320K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$1.6M
LiabilitiesLn 26$305K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 54
VolunteersI 638
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.0M$1.1M
InvestmentsLn 11–13$328K$320K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$1.4M$1.6M
LiabilitiesLn 26$315K$305K
Net assetsLn 32$1.1M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$40K$40K
Pay of current officers, directors and key staffLn 5$92K$31K$31K$31K
Pay of disqualified personsLn 6$75K$38K$38K
Other employee benefitsLn 9$7K$2K$2K$2K
Payroll taxesLn 10$13K$5K$2K$5K
Accounting feesLn 11c$16K$16K
Advertising and promotionLn 12$12K$6K$6K
Office expensesLn 13$13K$7K$7K
Information technologyLn 14$152$152
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$136$136
Depreciation, depletion and amortizationLn 22$279$279
InsuranceLn 23$3K$1K$2K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$289K$140K$67K$82K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $463K$356K$107K$1.5M 990 PDF
FY2024 $327K$362K−$34K$1.4M 990 PDF
FY2023 $471K$327K$144K$1.4M 990 PDF
FY2022 Viewing $444K$289K$156K$1.3M 990 PDF
FY2021 $117K$245K−$128K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $444,191 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $72,914$429,930
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $7,566$6,638
I-11 Other revenuePrior year $36,570$7,623
I-12 Total revenuePrior year $117,050$444,191
I-13 Grants and similar amounts paidPrior year $40,000$50,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $167,278$186,852
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $37,609$51,771
I-18 Total expensesPrior year $244,887$288,623
I-19 Revenue less expensesPrior year −$127,837$155,568
Part VI · Governance 33 of 33 board members independent, no flags
VI-1a Voting members of the governing body33
VI-1b Independent voting members33
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $444,191 across 10 lines filed
VIII-1c Fundraising events$233,809
VIII-1e Government grants$30,500
VIII-1f All other contributions, gifts and grants$165,621
VIII-1h Total contributions, gifts and grants$429,930
VIII-3 Investment incomeExcluded from tax $5,150$5,150
VIII-5 RoyaltiesExcluded from tax $37,500$37,500
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,488$1,488
VIII-8 Net income from fundraising eventsExcluded from tax −$70,487−$70,487
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $40,610$40,610
VIII-12 Total revenueRelated to mission $40,610 · Unrelated business $0 · Excluded from tax −$26,349$444,191
Part IX · Statement of functional expenses $288,623 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-2 Grants to domestic individualsPrograms $40,000$40,000
IX-5 Pay of current officers, directors and key staffPrograms $30,767 · Management $30,767 · Fundraising $30,767$92,301
IX-6 Pay of disqualified personsPrograms $37,717 · Fundraising $37,717$75,434
IX-9 Other employee benefitsPrograms $2,197 · Management $2,197 · Fundraising $2,197$6,591
IX-10 Payroll taxesPrograms $5,114 · Management $2,298 · Fundraising $5,114$12,526
IX-11c Accounting feesManagement $16,133$16,133
IX-12 Advertising and promotionPrograms $5,923 · Fundraising $5,923$11,846
IX-13 Office expensesPrograms $6,547 · Management $6,546$13,093
IX-14 Information technologyPrograms $152$152
IX-17 TravelManagement $3,053$3,053
IX-19 Conferences, conventions and meetingsManagement $2,065$2,065
IX-20 InterestManagement $136$136
IX-22 Depreciation, depletion and amortizationManagement $279$279
IX-23 InsurancePrograms $1,453 · Management $1,911$3,364
IX-24 Other expenses (24a–d)Management $1,650$1,650
IX-25 Total functional expensesPrograms $139,870 · Management $67,035 · Fundraising $81,718$288,623
Part X · Balance sheet $1,555,700 assets, 17 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,027,787$1,093,463
X-3 Pledges and grants receivableStart of year $54,000$102,500
X-4 Accounts receivableStart of year $2,500$2,500
X-8 Inventories for sale or useStart of year $2,351$32,992
X-9 Prepaid expenses and deferred chargesStart of year $2,994$3,082
X-10c Land, buildings and equipment, netStart of year $1,582$1,303
X-11 Publicly traded securitiesStart of year $328,277$319,860
X-16 Total assetsStart of year $1,419,491$1,555,700
X-17 Accounts payable and accrued expensesStart of year $28,105$37,555
X-18 Grants payableStart of year $200,610$163,750
X-19 Deferred revenueStart of year $56,000$103,500
X-24 Unsecured notes and loans payableStart of year $30,500$0
X-26 Total liabilitiesStart of year $315,215$304,805
X-27 Net assets without donor restrictionsStart of year $775,998$931,042
X-28 Net assets with donor restrictionsStart of year $328,278$319,853
X-32 Total net assets or fund balancesStart of year $1,104,276$1,250,895
X-33 Total liabilities and net assetsStart of year $1,419,491$1,555,700
Part XI · Reconciliation of net assets $1,250,895 net assets at year end
XI-1 Total revenue$444,191
XI-2 Total expenses$288,623
XI-3 Revenue less expenses$155,568
XI-4 Net assets at start of year$1,104,276
XI-5 Net unrealized gains (losses) on investments−$8,949
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,250,895

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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