The Texas Cavaliers Charitable Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742546003 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Texas Cavaliers Charitable Foundation?

The Texas Cavaliers Charitable Foundation is a nonprofit organization established in San Antonio, Texas. With a primary focus on children residing within the state, the foundation actively makes charitable contributions throughout the year to various charities. Their exempt purpose is to encourage, foster, support, and conduct programs and activities that benefit these children. The foundation's mission is deeply rooted in this goal, ensuring they consistently engage in activities and initiatives that positively impact the lives of Texas children.


Official website here: www.texascavaliers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Texas Cavaliers Charitable Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a total score of 97%, the foundation stands out for its commitment to transparency and responsible financial management, as evidenced by a perfect score in the majority of evaluated areas.

The organization boasts a fully independent board, ensuring that decision-making processes are free from conflicts of interest. It also maintains rigorous oversight through its audit committee, showcasing a proactive approach to governance. The financial ratios indicate a robust operational structure, with a significant portion of expenses directed towards program services rather than overhead.

However, the foundation's fundraising efficiency score is notably low, which suggests that while it is effective in its programmatic spending, it may face challenges in generating funds efficiently. Despite this limitation, the overall financial health and governance practices of The Texas Cavaliers Charitable Foundation position it as a trustworthy and effective nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

Is The Texas Cavaliers Charitable Foundation legitimate?

The Texas Cavaliers Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Texas Cavaliers Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $63,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.texascavaliers.org

What is the mission statement of The Texas Cavaliers Charitable Foundation?

The Texas Cavaliers Charitable Foundation's mission is centered around benefitting children residing within Texas. The foundation actively encourages, fosters, supports, and conducts programs and activities that aim to positively impact these children. Their charitable contributions are made throughout the year, extending support to various charities operating within the state of Texas. The foundation's primary goal is to contribute positively to the lives of Texas' children.


Official website here: www.texascavaliers.org

What is the revenue of The Texas Cavaliers Charitable Foundation?

The Texas Cavaliers Charitable Foundation's revenue in 2024 was $3,324,954.


Official website here: www.texascavaliers.org

Who are the executives of The Texas Cavaliers Charitable Foundation and what are their salaries?

There 87 volunteers at The Texas Cavaliers Charitable Foundation.

Here are 8 key members and their salaries:


Shannon Nisbet (Exec Director)
  • Compensation: $63,000
  • Related: $0
  • Other: $0
William B Kingman (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery C Bailey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Plack Carr Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Kiolbassa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George V Shaw (Fundr. Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Blount (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Middleton (Chrmn Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.texascavaliers.org

Where can I find the form 990 for The Texas Cavaliers Charitable Foundation?

The Texas Cavaliers Charitable Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.texascavaliers.org

Learn more at the official website: www.texascavaliers.org

Mission Statement of The Texas Cavaliers Charitable Foundation

The Texas Cavaliers Charitable Foundation, as per its mission, is dedicated to promoting, encouraging, and supporting activities and programs that contribute positively to the lives of children residing within Texas. This nonprofit organization aims to foster an environment where children can thrive and benefit from various charitable contributions made throughout the year. By carrying out these activities and programs, the foundation seeks to make a tangible difference in the lives of children living within the state.

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Impact




July, 2024

The Texas Cavaliers Charitable Foundation's impact is seen in its efforts to support and benefit children residing within the state of Texas. Through charitable contributions made to various organizations throughout the year, the foundation actively encourages, fosters, and conducts activities and programs that enhance the lives of children in need. By focusing on education and other initiatives that directly benefit young residents of Texas, the foundation plays a crucial role in providing essential support and opportunities for the future generation.




This information is meant to be a general summary of The Texas Cavaliers Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,324,954 (2024)
Expenses
$1,696,145 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $201,158
  • Gross Receipts: $3,644,396

Assets and Liabilities:

  • Total Assets: $11,156,403
  • Total Liabilities: $3,584,032
  • Net Assets: $7,572,371

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Organization Details

Founding Year

1989

Principal Officer

W Plack Carr Iii

NTEE Category

Code: B11 - Education

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