Mission
THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO RECEIVE CONTRIBUTIONS AND TO MAKE GRANTS TO QUALIFIED ORGANIZATIONS.
Public Charity
FRIENDS OF VAIL INC
FRIENDS OF VAIL INC is a Public Charity headquartered in PILOT POINT, TX. Financial data from the 2025 filing: $236K revenue, $212K expenses, $426K total assets. 17 publicly reported grants to this organization, totaling roughly $318K, appear in IRS filings.
EIN: 814001960
PILOT POINT, TX
Fund Raising & Fund Distribution
NTEE: B12
Latest filing: 2025
Total Revenue$236K
Total Expenses$212K
Total Assets$426K
Grant Records17
Funding Total$318K
Filing Years2020–2025
Where $100 goes at Friends of Vail Inc
How Friends of Vail Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$54
Other program services to 501(c)(3) organizations
$32
Book bus inc (the book bus)
$10
Texas a & m foundation (memorial endowed scholarship)
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$26,500
GENERAL OPERATING SUPPORT
$19,725
GENERAL SUPPORT
$6,000
PUBLIC ASSISTANCE
$5,000
GENERAL OPERATING SUPPORT
$14,575
Showing up to 5 of 17 total records — full history available with membership.
Officers & Directors
PESIDENT/DIRECTOR
Chad Chance
DIRECTOR
Lee Ramsey
SECRETARY/TREASURER/DIRECT
Susan Chance
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $236K | $212K | $426K |
| 2024 | $100K | $165K | $408K |
| 2023 | $202K | $64K | $468K |
| 2022 | $191K | $118K | $330K |
| 2020 | $49K | $44K | $244K |
Between 2020 and 2025, reported annual revenue grew from $49K to $236K (+381%), with total assets most recently reported at $426K.
Interactive year-over-year charts and full filing details available with membership.