Frederick L Ray Trust is a 501(c)(3) organization based in Dallas, Texas, registered in 1971, with $241,935 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$242K
▲ 170.0% vs prior year
Expenses (FY2023)
$423K
Net assets
$9.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frederick L Ray Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frederick L Ray Trust: 254 mo reserves · -75% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frederick L Ray Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frederick L Ray Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $555K (FY2020) to $242K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-75.0%
Spent more than it raised in the latest fiscal year.
Total assets
$9.0M
Total liabilities
$0
Net assets
$9.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $241,935▲170% | $423,439▲6.9% | $8,952,417 | $8,952,417 | 990PF |
| 2022 | -$345,631▼120% | $396,092▼0.7% | $8,951,887▼6.5% | $8,951,887▼6.5% | 990 |
| 2021 | $1,717,303▲210% | $398,992▼3.2% | $9,572,771▲2.1% | $9,572,771▲2.1% | 990 |
| 2020 | $554,813 | $412,032 | $9,372,578 | $9,372,578 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Frederick L Ray Trust (EIN 06-6026044) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.