Texoma Regional Foundation

Nonprofit profile at a glance

EIN
463122778
IRS 990-EZ coverage
2018–2025
Forms available
Form 990-EZ 2025, Form 990-N 2015
Location
Sherman, TX, USA
Phone
9038133512
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$10,257
Expenses
$10,307
Assets
$7,955
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Eric Bridges (Executive Director)

People named in this filing

  • Jason Fox (Chief Operating Officer)
  • Dan Busch (Secretary)
  • Debbie Barnes-Plyler (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Texoma Regional Foundation (The Foundation) was founded in 2013 exclusively for charitable, religious, educational, and scientific purposes under Section 501c3 of the Internal Revenue Code, or corresponding section of any future tax code, working to improve the quality of life for citizens of the Texoma Regional (Cooke, Fannin, Grayson Counties) through an assortment of activities: - connecting and networking interested agencies, programs, and grassroots organizations to form collaborative partnerships that will work together to expand and enhance projects and activities to improve the quality of life of residents of the Texoma Region. - advocating for programs and improve funding for community services within the Texoma Region. - implementing, growing, and sustaining a variety of programs that will address the community needs of the Texoma Region.

What it reported doing in 2025

Getting Ahead Fannin County - general support for the Getting Ahead Program

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -0.5%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -33.7% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -21.3% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -10.8% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.