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Texas · Nonprofit

FLYING T NIL INC

FLYING T NIL INC (Texas) receives grants from 13 organizations whose IRS filings report $2,231,540 to it, the largest being JOHN AND MAURINE COX FOUNDATION ($1,000,000). 6 of them have funded it in more than one year.

Revenue FY2024
$14M
Funders on record
13
Grants received
$2.2M
Net assets
$5.7M
6/13 repeat funderspeak grant-dependency 8%
01What it does

What Flying T Nil Inc does

Mission

The flyting t club provides nil opportunities for tcu athletes in a variety of sports while partnering with local non-profit organizations to make a difference in the community.

As stated on its FY2024 Form 990.

Program

  1. Providing money as well as in-kind contributions of sports education, physical education, communication, marketing, speaking, event, and relations services so that served organizations can expand the reach and effectiveness of their exempt activities.

    $9,556,265 spentof which $75,154 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $9,556,265.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($154k) Expenses 100 ($74k) Net assets 100 ($80k)2022 Revenue 1231 ($1.9M) Expenses 1596 ($1.2M) Net assets 996 ($800k)2023 Revenue 3932 ($6.1M) Expenses 6408 ($4.7M) Net assets 2654 ($2.1M)2024 Revenue 8780 ($14M) Expenses 13547 ($10.0M) Net assets 7054 ($5.7M)
2021202220232024
Revenue (8780)Expenses (13547)Net assets (7054)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $2.2M to $5.7M (+162%).

$80k
$804k
$2.2M
$5.7M
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 95%. Grants only. Government contracts and fees sit inside program revenue.

99% of FLYING T NIL INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 863 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$80k
’21
$720k
’22
$1.3M
’23
$3.5M
’24
6.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

John Denton

Executive director

As listed on its FY2024 Form 990.

202220232024
Listed455
Joined·+1+0
No longer listed·00
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 9 funders, grant income rose $110k → $495k.

8 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FLYING T NIL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FLYING T NIL INC leans on a few funders — its largest provides 45% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FLYING T NIL INC.

45%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2022 91% · 2023 40% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FLYING T NIL INC's grant income comes from Texas funders.

TX

In-state vs out-of-state, by year

’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $992k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FLYING T NIL INC runs a healthier operating margin than half of the 828 philanthropy nonprofits its size.

Operating margin26% · above the median
Months of reserve6.2mo · above the median
Revenue growth (annualized)344% · outside the comparable range

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Organizations like FLYING T NIL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

3
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for FLYING T NIL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FLYING T NIL INC?
FLYING T NIL INC (Texas) receives grants from 13 organizations whose IRS filings report $2,231,540 to it, the largest being JOHN AND MAURINE COX FOUNDATION ($1,000,000). 6 of them have funded it in more than one year.
How many funders does FLYING T NIL INC have?
IRS filings report 13 organizations giving $2,231,540 in grants to FLYING T NIL INC, 6 of which have funded it in more than one year.
Who is the largest funder of FLYING T NIL INC?
JOHN AND MAURINE COX FOUNDATION is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
How can an organization like FLYING T NIL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Flying T Nil →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing