T Boone Pickens Foundation
T Boone Pickens Foundation shows highly variable revenue and expenses with no reported officer compensation.
EIN: 205892962 · Flower Mound, TX · NTEE: T22 · Updated: 2026-03-28
Source Check Matrix
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T Boone Pickens Foundation is mapped to EIN 205892962.
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9 stored filing years available.
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9 stored filing years available.
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80% program spend, health grade B
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| Metric | Value |
|---|---|
| Total Revenue | $12.5M |
| Total Expenses | $78K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $786K |
| Transparency Score | 70/100 |
Search Intent Cockpit
T Boone Pickens Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
T Boone Pickens Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around T Boone Pickens Foundation in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $4K and expenses of $78K.
Revenue and Expenses
T Boone Pickens Foundation reported $4K in revenue and $78K in expenses, a deficit of $74K.
Executive Compensation
Top officer compensation appears as $7 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is T Boone Pickens Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $63K (80%) |
Across stored filings, T Boone Pickens Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 9 stored filing years |
| Peer context | Compare with At&T Corp Management & Nonrepresent Employees Postretirement Welfare | Texas and Philanthropy context |
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Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for T Boone Pickens Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
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T Boone Pickens Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About T Boone Pickens Foundation
T Boone Pickens Foundation (EIN: 205892962) is a nonprofit organization based in Flower Mound, TX, classified under NTEE code T22. The organization reported total revenue of $12.5M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of T Boone Pickens Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
T Boone Pickens Foundation is a large nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $78K |
| Surplus / Deficit | $-74,468 |
| Total Assets | $786K |
| Total Liabilities | $1 |
| Net Assets | $786K |
| Operating Margin | -1958.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 120.5 months |
Financial Health Grade: B
In 2022, T Boone Pickens Foundation reported a deficit of $74K with expenses exceeding revenue, holds 120.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), T Boone Pickens Foundation's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +232.3% | +240.4% | -8.7% |
| 2021 | -68.6% | -23.9% | -2.5% |
| 2020 | -99.3% | +4070.1% | -2.9% |
| 2019 | +4443.1% | -98.9% | +226.1% |
| 2015 | +34.9% | -84.8% | -17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates T Boone Pickens Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, T Boone Pickens Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a fully volunteer-led organization or that compensation is structured in a way not captured under 'officer compensation' on the 990, which is highly unusual for an organization with assets exceeding $7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of T Boone Pickens Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense patterns year-over-year, making financial predictability difficult.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data, hindering efficiency assessment.
- Consistent 0% officer compensation, which, while potentially positive, warrants further investigation for an organization with significant assets.
Strengths
The following positive indicators were identified for T Boone Pickens Foundation:
- Minimal liabilities ($1 consistently reported), indicating strong financial solvency and low debt burden.
- Significant asset base ($7,377,368 latest reported), providing a strong financial foundation.
- No reported officer compensation, suggesting a potentially very lean operational structure regarding leadership salaries.
Frequently Asked Questions about T Boone Pickens Foundation
Is T Boone Pickens Foundation a legitimate charity?
T Boone Pickens Foundation (EIN: 205892962) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 9 years of IRS 990 filings on record. Total revenue: $12.5M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does T Boone Pickens Foundation spend its money?
T Boone Pickens Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to T Boone Pickens Foundation tax-deductible?
T Boone Pickens Foundation is registered as a tax-exempt nonprofit (EIN: 205892962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the T Boone Pickens Foundation CEO make?
T Boone Pickens Foundation's highest-compensated officer earns $7 annually. The organization reported $12.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of T Boone Pickens Foundation's spending goes to programs?
T Boone Pickens Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does T Boone Pickens Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), T Boone Pickens Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is T Boone Pickens Foundation located?
T Boone Pickens Foundation is headquartered in Flower Mound, Texas and files with the IRS under EIN 205892962. It is classified under NTEE code T22.
How many years of IRS 990 filings does T Boone Pickens Foundation have?
T Boone Pickens Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.5M in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all nine filings is highly unusual for an organization of this size and asset base. This could indicate a fully volunteer-run organization, or that compensation is paid through a related entity or structured in a way that is not reported as officer compensation on the 990.
What accounts for the extreme fluctuations in annual revenue and expenses?
The foundation's revenue has ranged from $1,144 (2021) to $1,579,105 (2013) and expenses from $725 (2019) to $1,137,153 (2012). This volatility suggests a reliance on unpredictable funding sources or significant one-time events, making long-term financial planning and consistent program delivery potentially challenging.
What is the primary source of the latest reported revenue of $12,475,358?
Given the historical revenue patterns, the latest reported revenue of $12,475,358 is a significant outlier. Understanding if this is from investment gains, a large one-time donation, or a change in operational model is crucial for assessing future financial stability.
Filing History
IRS 990 filing history for T Boone Pickens Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), T Boone Pickens Foundation's revenue has declined by 96.7%, moving from $117K to $4K. Total assets increased by 6670.8% over the same period, from $12K to $786K. Total functional expenses fell by 91.7%, from $947K to $78K. In its most recent filing year (2022), T Boone Pickens Foundation reported a deficit of $74K, with expenses exceeding revenue. The organization holds $1 in liabilities against $786K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $786K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4K | $78K | $786K | $1 | — | View 990 |
| 2021 | $1K | $23K | $860K | $1 | — | View 990 |
| 2020 | $4K | $30K | $882K | $1 | — | View 990 |
| 2019 | $532K | $725 | $909K | $1 | — | View 990 |
| 2015 | $12K | $69K | $279K | $1 | — | View 990 |
| 2014 | $9K | $450K | $336K | $1 | — | View 990 |
| 2013 | $1.6M | $1.1M | $777K | $1 | — | View 990 |
| 2012 | $1.5M | $1.1M | $329K | $1 | — | View 990 |
| 2011 | $117K | $947K | $12K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4K, expenses of $78K, and assets of $786K (revenue +232.3% year-over-year).
- 2021: Revenue of $1K, expenses of $23K, and assets of $860K (revenue -68.6% year-over-year).
- 2020: Revenue of $4K, expenses of $30K, and assets of $882K (revenue -99.3% year-over-year).
- 2019: Revenue of $532K, expenses of $725, and assets of $909K (revenue +4443.1% year-over-year).
- 2015: Revenue of $12K, expenses of $69K, and assets of $279K (revenue +34.9% year-over-year).
- 2014: Revenue of $9K, expenses of $450K, and assets of $336K (revenue -99.5% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.1M, and assets of $777K (revenue +8.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.1M, and assets of $329K (revenue +1145.6% year-over-year).
- 2011: Revenue of $117K, expenses of $947K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for T Boone Pickens Foundation:
Data Sources and Methodology
This transparency report for T Boone Pickens Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.