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TEXAS EXES SCHOLARSHIP FOUNDATION

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Public IRS 990 nonprofit record

TEXAS EXES SCHOLARSHIP FOUNDATION

EIN 26-4468379

What they do

to ENHANCE EDUCATIONAL OPPORTUNITIES for STUDENTS of THE UNIVERSITY of TEXAS AT AUSTIN and to ENCOURAGE A DIVERSE STUDENT BODY BY PROVIDING SCHOLARSHIPS to DESERVING STUDENTS ENTERING or ENROLLED AT THE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.00%of revenue went to mission work100.0% of expenses · Program services
$76.00spent for every $100 of revenueRevenue covered expenses this year.
53.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $32,893 for LESLIE CEDAR (EX-OFFICIO DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,392,103
Mission workProgram services$4,097,95176.00% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$1,294,15224.00% of revenueShown in gray on the chart
Total expenses$4,097,95176.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$5,392,103
Expenses$4,097,951
Annual surplus $1,294,152 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,097,951 · 100.0% of expenses
See all reported dollar amounts
Revenue$5,392,103
Expenses$4,097,951
Contributions$2,874,639
Mission work (program services)$4,097,951
Stocks and bonds$45,327,193
Investing fees$281,064
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LESLIE CEDAREX-OFFICIO DIRECTOR · 1 hrs/week $32,893Base · Other $32,893

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

LESLIE CEDAREX-OFFICIO DIRECTOR

AL JONESTREASURER

ANNIE HOLAND MILLERDIRECTOR

CHARLES MATTHEWSDIRECTOR

DEL WILLIAMSDIRECTOR

JEFF TSAIDIRECTOR

JOHN BECKWORTHDIRECTOR

NANCY SELIGERPRESIDENT

About this charity

Location
PO BOX 7278, AUSTIN, TX 78713
County
Travis
In care of
CHUCK HARRIS
Primary officer
CHUCK HARRIS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
July 1, 2016
Return type
990
Tax preparer
MAXWELL LOCKE & RITTER LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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