Texas Pool Foundation
Nonprofit profile at a glance
- EIN
- 461879809
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Plano, TX, USA
- Phone
- 9723022661
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $221,740
- Expenses
- $170,483
- Assets
- $148,240
- Liabilities
- $85,795
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Janet Vermillion Moos (CEO)
- Adam Christensen (President)
Highest reported compensation
- Adam Christensen (President): $11,500 total reported compensation
- Hannah Moos (Lifegarud Director): $4,036 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Texas Pool Foundation preserves and promotes the historic Texas Pool a landmark 168,000-gallon saltwater pool shaped like the state of Texas. The Foundations exempt purpose is to provide heritage education swim safety programs and inclusive community recreation. It offers a safe family-friendly space for public swimming lifeguard training cultural heritage events and outreach programs including access for under-resourced populations and individuals with disabilities. The Foundation supports historic preservation through structural improvements and educational initiatives that connect the public to Texas history and water safety.
What it reported doing in 2025
The Texas Pool Foundation preserves and promotes the historic Texas Pool a landmark 168,000-gallon saltwater pool shaped like the state of Texas. The Foundations exempt purpose is to provide heritage education swim safety programs and inclusive community recreation. It offers a safe family-friendly space for public swimming lifeguard training cultural heritage events and outreach programs including access for under-resourced populations and individuals with disabilities. The Foundation supports historic preservation through structural improvements and educational initiatives that connect the public to Texas history and water safety.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 100
- Accountability: 65
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.3%; rating input score 65
- Program expense ratio: 81.4%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 22nd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23.1%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.58; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 9.1%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 15.6% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 18.1% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 65.3% of revenue deployed · 81.4% of spending went to programs
- Governance: 6 of 8 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $139K in reported program spending
- Leadership: top reported pay $12K · 7 people listed
- Consistency: 39 of 39 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 28/100.