Southwest Texas Junior College Foundation Inc is located in Uvalde, TX. The organization was established in 1989. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. Southwest Texas Junior College Foundation 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 08/2022, Southwest Texas Junior College Foundation Inc generated $580.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $321.7k during the year ending 08/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO AQUIRE FACILITIES TO ALLOW SOUTHWEST TEXAS JUNIOR COLLEGE TO SERVE THE EDUCATIONAL NEEDS OF THE COMMUNITIES OUTSIDE THE COLLEGE'S TAXING DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE TO OFFER EDUCATIONAL PROGRAMS IN THE FACILITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Antonio H Rivera Vice President | OfficerTrustee | 1 | $0 |
Dr Harry O Watkins President | OfficerTrustee | 1 | $0 |
Tony Moreno Secretary | Trustee | 1 | $0 |
Victor Lopez Board Member | Trustee | 1 | $0 |
Rogelio Munoz Board Member | Trustee | 1 | $0 |
Anita Shackelford Board Member | Trustee | 1 | $0 |
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 | $380,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $380,000 |
Total Program Service Revenue | $238,800 |
Investment income | -$38,542 |
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 | $580,258 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $25,616 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $295,295 |
Insurance | $0 |
All other expenses | $775 |
Total functional expenses | $321,686 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $495,168 |
Savings and temporary cash investments | $400,000 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $7,756,736 |
Investments—publicly traded securities | $463,588 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,115,492 |
Accounts payable and accrued expenses | $25,000 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $584,226 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $609,226 |
Net assets without donor restrictions | $8,506,266 |
Net assets with donor restrictions | $0 |
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 | $9,115,492 |
Over the last fiscal year, we have identified 2 grants that Southwest Texas Junior College Foundation Inc has recieved totaling $8,570.
Awarding Organization | Amount |
---|---|
Brown Foundation Inc Houston, TX PURPOSE: SUMMER MATH "BOOT CAMP" | $10,000 |
Organization Name not Listed PURPOSE: SCHOLARSHIP | | -$1,430 |
Organization Name | Assets | Revenue |
---|---|---|
Navajo Technical College Crownpoint, NM | $112,611,300 | $47,666,957 |
Bacone Baptist Church Muskogee, OK | $8,262,001 | $7,873,102 |
Tulsa Community College Foundation Tulsa, OK | $22,351,433 | $4,013,088 |
Shorter College North Little Rock, AR | $8,338,765 | $8,311,177 |
Dallas County Community College District Foundation Inc Dallas, TX | $68,087,017 | $10,311,935 |
Jacksonville College Jacksonville, TX | $5,355,399 | $5,417,972 |
Crowleys Ridge College Paragould, AR | $5,358,943 | $3,865,992 |
North Harris Montgomery Community College District Foundation The Woodlands, TX | $39,494,296 | $6,076,044 |
Southwestern Christian College Terrell, TX | $4,746,786 | $3,502,099 |
Northwest Arkansas Community College Foundation Inc Bentonville, AR | $44,091,991 | $5,872,868 |
Collin County Community College District Foundation Mckinney, TX | $19,576,624 | $3,346,139 |
Arkansas Community Colleges Foundation Little Rock, AR | $1,653,213 | $1,652,722 |