The Friends of the Daily Texan Inc
Nonprofit profile at a glance
- EIN
- 463193734
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Austin, TX, USA
- Phone
- 5126361216
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $93,189
- Expenses
- $118,185
- Assets
- $51,747
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JOHN REETZ (PRESIDENT)
- STEVE WISCH (VICE PRESIDENT)
People named in this filing
- JOHN REETZ (PRESIDENT)
- STEVE WISCH (VICE PRESIDENT)
- MADLIN MEKELBURG (BOARD MEMBER)
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
Promoting the publications long-term sustainability
What it reported doing in 2025
Providing mentorship to daily texan staffers, sharing with them not only new tricks ofthe trade but institutional memory, in a way that embraces the cherished history of the dailytexan while giving students the guidance to forge a new path in a new media environment.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.7%; rating input score 85
- Program expense ratio: 66.8%; rating input score 67
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: -26.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9.4% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 14.3% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 84.7% of revenue deployed · 66.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $79K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2014 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.