Arts, Culture & Humanities
(A54)
990 on File
TEXAS REDMEN FOUNDATION INC
Financial strength (30%)
96/100
Reliability (20%)
55/100
Effectiveness (25%)
65/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$243K
Total Revenue
$226K
Total Expenses
$3.2M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.5%
Fundraising Efficiency
N/A
Operating Reserve
169.41x
Liability-to-Asset
0.2%
Revenue Diversification
45.0%
Executive Compensation
$72K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.5% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.6% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
169.4 mo | 9.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.2% | 1.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
45.0% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
78.4% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.4% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.1% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $243K | $226K | $3.2M | 79.5% | 1 |
| 2023 | $136K | $211K | $3.1M | 80.8% | 1 |
| 2022 | $118K | $218K | $3.0M | 82.6% | 1 |
| 2021 | $225K | $172K | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.