# Foles Believe Foundation Inc

Youth development nonprofit in Austin, Texas 78744. EIN 85-0582598. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/850582598-foles-believe-foundation-inc

## Mission (the organization's own words)

> The Foles Believe Foundation is dedicated to impacting and serving those in need. Youth initiatives, family crisis counseling, military, mental and overall healh are areas close to the hears of Nick and Tori Foles. Serving those areas will be done in Jesus' name.

Source: Form 990, year ending Dec 2021: https://projects.propublica.org/nonprofits/organizations/850582598/202241369349307924/full

## IRS facts

- Type: Youth development (IRS activity code O99)
- Tax status: 501(c)(3), contributions deductible, recognized 2020
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2021 | $615,088 | $838,050 | $7,202 | $7,202 | 0 | 7 | [Form 990](https://projects.propublica.org/nonprofits/organizations/850582598/202241369349307924/full) |

Expense split, year ending Dec 2021: programs $824,588 (98%), management $2,885 (0%), fundraising $10,577 (1%).

Revenue sources, year ending Dec 2021: gifts and grants $615,088, program fees $0, investment income $0.

## How it compares

- Revenue rank: 22 of 206 youth development nonprofits in Austin.
- Revenue $615,088 is higher than roughly 70 to 80% of 994 youth development nonprofits in Texas; median $150,415.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Travis County, Texas: about 267,621 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 672 youth and community nonprofits in this directory in the county: 2.5 per 1,000 children.
- Licensed programs in Austin: 347 licensed child care centers, 110 school-age programs: https://backpr.com/find/texas/austin
- Texas rules: https://backpr.com/resources/states/texas

## Questions

**What is Foles Believe Foundation Inc's EIN?**

Foles Believe Foundation Inc's EIN (Employer Identification Number) is 85-0582598. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Foles Believe Foundation Inc a nonprofit?**

Yes. The IRS lists Foles Believe Foundation Inc in Austin, Texas as tax-exempt under section 501(c)(3), recognized since 2020. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Foles Believe Foundation Inc tax-deductible?**

Yes, the IRS lists gifts to Foles Believe Foundation Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Foles Believe Foundation Inc do?**

In its own words on its Form 990 for the year ending Dec 2021: "The Foles Believe Foundation is dedicated to impacting and serving those in need. Youth initiatives, family crisis counseling, military, mental and overall healh are areas close to the hears of Nick and Tori Foles. Serving those areas will be done in Jesus' name." The IRS classifies it as: Youth development.

**How much money does Foles Believe Foundation Inc take in?**

For the year ending Dec 2021, Foles Believe Foundation Inc reported total revenue of $615,088 and total expenses of $838,050 on its Form 990 (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.