Angelina Higher Education Authority Inc is located in Waco, TX. Angelina Higher Education Authority Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2018, Angelina Higher Education Authority Inc generated $31.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $4.4k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (36.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
ANGELINA HIGHER EDUCATION AUTHORITY HELD 92 LOANS TOTALING OVER $197,000. THESE LOANS CONSIST TOTALLY OF PRIVATE LOANS FUNDED WITH AHEA FUNDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claude Ervin Director | 1 | $0 | |
Bob Chambers Vice Chairman | 1 | $0 | |
Peter Kultgen Director | 1 | $0 | |
Clement Milam Director | 1 | $0 | |
Dr Terry Maness Director | 1 | $0 | |
Mrs Joyce Packard Chairman | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $26,597 |
Membership dues | $0 |
Investment income | $110 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,460 |
Total Revenue | $31,167 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,424 |
Total expenses | $4,424 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $403 |
Other assets | $0 |
Total assets | $214,929 |
Total liabilities | $8,413 |
Net assets or fund balances | $206,516 |