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Nolan Ryan Foundation

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

EIN: 760290880 ✦ Round rock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nolan Ryan Foundation?

The Nolan Ryan Foundation is a charitable organization situated in Round Rock, Texas. Its primary objective is to support other nonprofit entities sharing its mission and objectives. The foundation's programs primarily focus on offering educational scholarships to eight deserving students. While specific activities and events are not disclosed in the provided information, the mission statement indicates its commitment to aiding similar organizations and advancing education.


Official website here: www.nolanryanfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 stars (48%)

The Nolan Ryan Foundation has received a low rating of 48% from Charity Navigator, which translates to a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization's accountability and financial practices. Key areas of weakness include a lack of independent board members and insufficient financial transparency, as indicated by a score of 0 for the independent board size and financial statements.

Despite these challenges, the foundation demonstrates strong performance in a few areas, such as having no material diversion of assets and a favorable liabilities to assets ratio. Additionally, it earns points for having its website listed on the tax form, which indicates a level of accessibility to information for stakeholders. However, the absence of essential policies like conflict of interest and whistleblower protections raises questions about governance.

Overall, while the Nolan Ryan Foundation has some positive aspects, the significant deficiencies in governance and financial transparency noted in its rating suggest that potential donors should exercise caution and consider these factors before contributing to the organization.


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

Is Nolan Ryan Foundation legitimate?

Nolan Ryan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nolan Ryan 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: $57,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,043

For more financial information, click here


Official website here: www.nolanryanfoundation.org

What is the mission statement of Nolan Ryan Foundation?

The Nolan Ryan Foundation supports other non-profit organizations with similar objectives by offering educational scholarships. Its mission is centered around aiding these organizations in achieving their shared goals. The foundation does not disclose specific details about the nature of these goals, but it is known to provide financial assistance in the form of scholarships to eight beneficiaries.


Official website here: www.nolanryanfoundation.org

Who is the CEO of Nolan Ryan Foundation?

Mary Conley Thompson is the Treasurer of Nolan Ryan Foundation.


Official website here: www.nolanryanfoundation.org

What is the revenue of Nolan Ryan Foundation?

Nolan Ryan Foundation's revenue in 2023 was $685,732.


Official website here: www.nolanryanfoundation.org

Who are the executives of Nolan Ryan Foundation and what are their salaries?


Here are 8 key members and their salaries:


Mary Conley Thompson (Treasurer)
  • Compensation: $53,193
  • Related: $0
  • Other: $0
Reese Ryan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Ryan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nolan Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Bivins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reid Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Fragoso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nolanryanfoundation.org

Where can I find the form 990 for Nolan Ryan Foundation?

Nolan Ryan Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nolanryanfoundation.org

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

Mission Statement of Nolan Ryan Foundation

The Nolan Ryan Foundation is dedicated to supporting other nonprofit organizations that share its objectives and values. With a mission deeply rooted in its purpose, the foundation offers educational scholarships to a select group of eight students. By aiding these exempt organizations and providing financial assistance to deserving students, the Nolan Ryan Foundation plays a significant role in fostering educational opportunities and contributing to the broader community.

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Impact




July, 2024

The Nolan Ryan Foundation impacts the community by providing educational scholarships to eight students, helping them pursue their academic goals and further their future opportunities. Through its programs and support for other organizations with similar goals, the foundation contributes to the educational advancement and empowerment of individuals in Round Rock, TX.




This information is meant to be a general summary of Nolan Ryan 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
$685,732 (2023)
Expenses
$630,267 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $60,932
  • Gross Receipts: $964,332

Assets and Liabilities:

  • Total Assets: $1,860,552
  • Total Liabilities: $1,589
  • Net Assets: $1,858,963

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Organization Details

Founding Year

1989

Principal Officer

Mary Conley Thompson

Main Address

3600 E PALM VALLEY BLVD, ROUND ROCK, TX, 78665

NTEE Category

Code: A500 - Arts

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