Chris-Tex Inc

Organization Overview

Chris-Tex Inc is located in Cantonment, FL. The organization was established in 1999. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, 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. Chris-Tex 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 05/2022, Chris-Tex Inc generated $61.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $11.4m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FUNCTION AS AN INVESTMENT AND ENDOWMENT MANAGER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHRIS-TEX, INC. FUNCTIONS AS AN INVESTMENT AND ENDOWMENT MANAGER


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Board, Officers & Key Employees

Name (title)Compensation
Dr Troy Shoemaker
President
$0
James Thompson II
Treasurer
$0
Denise Shoemaker
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $15,931,116
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $44,825,519
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $60,967,322

Grants Awarded

Over the last fiscal year, Chris-Tex Inc has awarded $85,757,489 in support to 2 organizations.

Grant RecipientAmount

PENSACOLA CHRISTIAN COLLEGE

Org PageRecipient Profile

Pensacola, FL

PURPOSE: GENERAL SUPPORT

$55,757,489

ABEKA ACADEMY INC

Org PageRecipient Profile

Pensacola, FL

PURPOSE: GENERAL SUPPORT

$30,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Chris-Tex Inc has recieved totaling $4,595,913.

Awarding OrganizationAmount
Pensacola Christian College Inc

Pensacola, FL

PURPOSE: GENERAL SUPPORT

$4,595,913
View Grant Recipient Profile

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