Coolxdad Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
COOLXDAD'S MISSION IS TO AID AND UPLIFT ALL FATHERS OF COLOR STRIVING TO BUILD A BETTER WORLD FOR THEIR CHILDREN AND SERVE THEIR COMMUNITIES. ERADICATION OF NEGATIVE STIGMAS SUROUNDING FATHERS OF COLOR AND THEIR CHILDREN, THROUGH FELLOWSHIP, ENLIGHTENMENT AND ACTION.
- Income
- $646,454
- Spending
- $486,848
- Spent on programs
- 85%
- Reserves
- 3.4 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 64% of charities in its peer group (human services, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.4 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 25% of income.
Income trend
15 of 15Income rose 138% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 22 out of 100. Higher than 2% of charities in its peer group (human services, $250k to $1m).
Independent board
5 of 250 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (9)
- $72,899 spent. CoolxDad Baytown: CoolxTips 50 Baytown men participated in the first CoolxTips Baytown
- $72,896 spent. Knights Table Increased visible father engagement in schools and community initiatives; advancement of participants from member to mentor and facilitator roles; stronger community trust.
- $48,597 spent. CoolxTips (Peer Learning & Wellness Initiative) Participants report stronger coping skills, increased help-seeking behaviors, deeper peer connection, and greater confidence in their role as fathers and leaders.
- $48,597 spent. Ignite Your Future: HEB CoolxKids Summer Camp 70 student ages 11-14 participated in the 2-week free camp
- $48,597 spent. Kinship Exchange Network (KXN) Retreat and Series 25 men gathered for the first meeting in July. As of February 28, there are ## KXN contributing their time, leadership, resources as members.
- $48,592 spent. Color Box Gift Drive and Holiday Wrapping Party 300 people came by CoolxDad on December 10 to wrap more than 500 toys and gifts for Cullen Middle School students and their families.
- $25,045 spent. COOLXMOM 25 women participated in an appreciation event including dinner and free flowing discussion and exchange about motherhood and womanhood.
- $24,299 spent. CoolxKids Grind Basketball Mini-Camp 60 Cullen Middle School students participated in a mini-camp offered by CoolxDad in partnership with Grind Basketball
- $24,299 spent. Empowered Youth Participants earn certifications (e.g., forklift operator), gain access to employment pathways in logistics and manufacturing, and report increased career confidence and economic stability.
Source: Form 990 for the year ending February 28, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending February 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.