Maximize positive community impact by helping Texas collegiate athletes succeed.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $137K a year · 1% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
93 mo
of spending, in cash
Looks good: 93.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
22
named funders · $1.1M
Looks good: 22 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$36K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
Spent
$611K
To programs
87%
Net assets
$4.7M
By yearFY2022–FY2024
Revenue
$5.3M
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$5.3M
FY2023$10.5M
FY2024$16.5M
Expenses
$611K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$611K
FY2023$13.7M
FY2024$17.6M
Net assets
$4.7M
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$4.7M
FY2023$1.5M
FY2024$404K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2022.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $530K Management & general 13% · $81K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Charity Grady’s $175K as Athlete Director is at the 26th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Charity Grady$175,308$138,461

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.

See Texas One Fund INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Empowers Texas collegiate athletes to achieve success and create positive community impact.

Questions for Texas One Fund INC

Tap to ask. Texas One Fund INC sees how many people are interested.

Your first name shows with your question. Texas One Fund INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $530K · in their own filed words · FY2022
01

Connect with Charitable Organizations

The organization connects volunteers, contractors, donors, and student-athletes with charitable organizations that impactful in their lives or the lives of their loved ones, not just locally, but across the state of Texas and nationally, so that each volunteer, contractor, donor, and student- athlete can contribute to the causes they…

$458Kprogram expense
02

Invest in Tax-Exempt Partner Organizations

The organization invests directly into tax-exempt partner organizations and missions and provide other support services to enterprises that generally do not have access to a broad network of volunteers, spokespersons, and/or donors.

$72Kprogram 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
See all 22 funders →
Grants paid · 1 grant · $72K · 2022–2022
The Livestrong FoundationTX · FY2022$71,925

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Gifts and grantsLn 1h$5.4M
Investment incomeLn 3$331
Money outPt IX
$611K
Ln 25
Programscol B$530K
Managementcol C$81K
Owns and owesPt X
$4.7M
net assets · Ln 32
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$4.7M
LiabilitiesLn 26$36K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.4M
Noncash giftsLn 1g$2.1M
Investment incomeLn 3$331
Gains on assetsLn 7−$70K
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$4.7M
Cash and savings togetherLn 1–2$4.7M
Total assetsLn 16$4.7M
LiabilitiesLn 26$36K
Net assetsLn 32$4.7M
OperationsPt I, VI
EmployeesI 51
VolunteersI 622
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 FY22End FY22
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$0$4.7M
LiabilitiesLn 26$0$36K
Net assetsLn 32$0$4.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$72K$72K
Legal feesLn 11b$70K$0$70K$0
Other fees for servicesLn 11g$458K$458K$0$0
Office expensesLn 13$1K$0$1K$0
Information technologyLn 14$10K$0$10K$0
InsuranceLn 23$1$0$1$0
Total functional expensesLn 25$611K$530K$81K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $16.5M$17.6M−$1.1M$404K 990 PDF
FY2023 $10.5M$13.7M−$3.2M$1.5M 990 PDF
FY2022 Viewing $5.3M$611K$4.7M$4.7M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $5,317,761 revenue, 12 lines filed
I-8 Contributions and grants$5,387,315
I-9 Program service revenue$0
I-10 Investment income−$69,559
I-11 Other revenue$5
I-12 Total revenue$5,317,761
I-13 Grants and similar amounts paid$71,925
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$539,078
I-18 Total expenses$611,003
I-19 Revenue less expenses$4,706,758
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $5,317,761 across 7 lines filed
VIII-1f All other contributions, gifts and grants$5,387,315
VIII-1g Noncash contributions (included above)$2,079,302
VIII-1h Total contributions, gifts and grants$5,387,315
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $331$331
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax −$69,890−$69,890
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5 · Unrelated business $0 · Excluded from tax $0$5
VIII-12 Total revenueRelated to mission $5 · Unrelated business $0 · Excluded from tax −$69,559$5,317,761
Part IX · Statement of functional expenses $611,003 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $71,925$71,925
IX-11b Legal feesPrograms $0 · Management $69,883 · Fundraising $0$69,883
IX-11g Other fees for servicesPrograms $457,790 · Management $0 · Fundraising $0$457,790
IX-13 Office expensesPrograms $0 · Management $1,399 · Fundraising $0$1,399
IX-14 Information technologyPrograms $0 · Management $10,005 · Fundraising $0$10,005
IX-23 InsurancePrograms $0 · Management $1 · Fundraising $0$1
IX-25 Total functional expensesPrograms $529,715 · Management $81,288 · Fundraising $0$611,003
Part X · Balance sheet $4,743,108 assets, 7 lines filed
X-1 Cash, non-interest-bearing$4,743,108
X-16 Total assetsStart of year $0$4,743,108
X-18 Grants payable$36,350
X-26 Total liabilitiesStart of year $0$36,350
X-27 Net assets without donor restrictions$4,706,758
X-32 Total net assets or fund balancesStart of year $0$4,706,758
X-33 Total liabilities and net assetsStart of year $0$4,743,108
Part XI · Reconciliation of net assets $4,706,758 net assets at year end
XI-1 Total revenue$5,317,761
XI-2 Total expenses$611,003
XI-3 Revenue less expenses$4,706,758
XI-10 Net assets at end of year$4,706,758

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.