Texas Community College Education Initiative
- Assets
- $5.4m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 06/2004
- Data as of
- 08/2021
- EIN
- 56-2358912
Organization Overview
Texas Community College Education Initiative is located in Austin, TX. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Community College Education Initiative 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 08/2021, Texas Community College Education Initiative generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $2.6m during the year ending 08/2021. While expenses have increased by 29.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF PROGRAMS, POLICIES & PRACTICES IN HIGHER EDUCATION TO SUPPORT STUDENT SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEXAS SUCCESS CENTER: WILL DEVELOP AND IMPLEMENT A PLAN TO ALIGN SUCCESS INITIATIVES, ACCELERATE THE LEARNING AND ADOPTION OF PROVEN OR EVIDENCE-BASED INITIATIVES, AND SUPPORT THE IMPLEMENTATION BY THE FIELD OF STATE AND FEDERAL POLICIES AFFECTING THE STUDENT SUCCESS AGENDA.
COMMUNICATIONS PROJECT: THE PROJECT IS A MULTI-YEAR STRATEGY ANCHORED IN ONE CLEAR VISION: TEXAS COMMUNITY COLLEGES CHANGE LIVES THROUGH SOCIAL AND ECONOMIC MOBILITY. TCCEI WILL ADVANCE A COHESIVE COMMUNICATIONS CAMPAIGN TO BUILD A MEANINGFUL UNDERSTANDING OF, AND STATEWIDE SUPPORT FOR, COMMUNITY COLLEGES BY MULTIPLE STAKEHOLDERS. THE CAMPAIGN WILL INCLUDE AN EVIDENCE-BASED MESSAGING CAMPAIGN AND ENGAGING MULTIPLE COMMUNICATION TACTICS AND MEDIUMS.
BOARD OF TRUSTEE INSTITUTE: THE PROGRAM BUILDS TRAINING CURRICULA AND DELIVERS PROFESSIONAL DEVELOPMENT TO TEXAS TRUSTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Ferrell Vice President | Officer | 40 | $154,368 |
Kristi Short Director Of Texas Success | 40 | $117,299 | |
Lori Stalheber Director Of Finance | Officer | 20 | $46,980 |
Brenda Hellyer Chair | OfficerTrustee | 1 | $0 |
William Serrata Vice-Chair | OfficerTrustee | 1 | $0 |
Mark Escamilla Sec/treas | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hyatt Regency San Antonio Education Programs | 8/30/20 | $405,092 |
Inside Track Education Programs | 8/30/20 | $129,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,874,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,974,726 |
| Total Program Service Revenue | $10,000 |
| Investment income | $8,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,993,114 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $962,186 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $260,487 |
| Compensation of current officers, directors, key employees. | $45,251 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $266,466 |
| Pension plan accruals and contributions | $33,160 |
| Other employee benefits | $92,695 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $581,538 |
| Advertising and promotion | $2,040 |
| Office expenses | $19,227 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $480 |
| Insurance | $840 |
| All other expenses | $0 |
| Total functional expenses | $2,636,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,785 |
| Savings and temporary cash investments | $3,639,713 |
| Pledges and grants receivable | $1,257,981 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $165,449 |
| Net Land, buildings, and equipment | $1,919 |
| Investments—publicly traded securities | $36,157 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,941 |
| Total assets | $5,419,945 |
| Accounts payable and accrued expenses | $43,925 |
| Grants payable | $0 |
| Deferred revenue | $246,348 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $290,273 |
| Net assets without donor restrictions | $665,544 |
| Net assets with donor restrictions | $4,464,128 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,419,945 |
Grants Awarded
Over the last fiscal year, Texas Community College Education Initiative has awarded $962,186 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: FINANCIAL & CONFERENCE SUPPORT | $376,543 |
SAN JACINTO COLLEGE PURPOSE: SUBAWARD | $134,004 |
TRINITY VALLEY COMMUNITY COLLEGE PURPOSE: SUBAWARD | $87,629 |
Mt Pleasant, TX PURPOSE: SUBAWARD | $86,400 |
TYLER JUNIOR COLLEGE PURPOSE: SUBAWARD | $83,337 |
KILGORE COLLEGE PURPOSE: SUBAWARD | $66,773 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Texas Community College Education Initiative has recieved totaling $1,404,727.
| Awarding Organization | Amount |
|---|---|
Michael & Susan Dell Foundation Austin, TX PURPOSE: TRANSFORMING COMMUNITY COLLEGE PATHWAYS FOR STUDENT SUCCESS | $540,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $213,395 |
Greater Texas Foundation Bryan, TX PURPOSE: TO SUPPORT AN INTEGRATED, SYSTEM-WIDE APPROACH TO STUDENT SUCCESS. | $212,500 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION; POSTSECONDARY EDUCATION | $200,000 |
Annie E Casey Foundation Baltimore, MD PURPOSE: SUPPORT TX COLLEGE TRANSFORMATION | $87,500 |
Annie E Casey Foundation Baltimore, MD PURPOSE: SUPPORT TX COLLEGE TRANSFORMATION | $87,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
Prime Time Family Reading New Orleans, LA | $2,481,247 | $6,549,424 |