The Ada Lee Ricks Broussard

Private foundation · Grantmaker Cedar Hill, TX EIN: 26-3260041

The Ada Lee Ricks Broussard is a private foundation, based in Cedar Hill, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $33K in total assets. Net investment income was $325.

Key facts about The Ada Lee Ricks Broussard

EIN
26-3260041
Latest 990 filing
Form 990-PF, 2025
Total assets
$33,238

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$33K

+3.3% YoY

Revenue

$2K

-19.3% YoY

Net Investment Income

$325

-57.2% YoY

Expenses

$761

-82.6% YoY

Under IRS private-foundation payout rules, The Ada Lee Ricks Broussard reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How The Ada Lee Ricks Broussard gives

  • Giving fell 64% from 2021 to 2024. Method
  • In 2024 it paid out 222% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Cedar HillDesotoMidlothianWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grants20202 grants20212 grants20224 grants20232 grants20240 grants2025

From 2020 to 2024, annual grant giving ranged from $4K (2024) to $25K (2022). In 2024 it made 2 grants totaling $4K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K202020212022202320242025
Metric202520242023
Total Assets$33,238$32,163$34,253
Revenue$1,836$2,276$2,298
Expenses$761$4,366$19,272
Qualifying Distributions—$3,600$18,500
Net Investment Income$325$760$551
Distributable Amount$1,606$1,625$2,097

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Ada Lee Ricks Broussard's only listed officer is Billie D. Ballengee, Fiduciary on every filing since 2020 (uncompensated).

Officers on the 2025 filing

  • Billie D. Ballengee

    Fiduciary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Ada Lee Ricks Broussard

How large is The Ada Lee Ricks Broussard?

The Ada Lee Ricks Broussard reported $33K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $2K.

Where does The Ada Lee Ricks Broussard operate?

The Ada Lee Ricks Broussard has awarded grants in District of Columbia, Texas.

How much is The Ada Lee Ricks Broussard required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Ada Lee Ricks Broussard reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ada Lee Ricks Broussard's EIN?

The Ada Lee Ricks Broussard's EIN (Employer Identification Number) is 26-3260041. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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