Civic Intelligence

College of the Mainland Foundation

EIN 23-7181343 • 501(c)3 • Texas City, TX

Profile

Support and encourage educational excellence through the college of the mainland. The foundation seeks to heighten community awareness of the mission and accomplishments of the college and to facilitate the creation of a student-centered learning community dedicated to excellence in education.

1200 North Amburn Road Ste 219Texas City, TX 77591

www.com.edu/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.04x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.21x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

27th percentile

-4.1%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$105,860

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

0.6%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,648,430

Up $836,107 (+11%) from 2023

Liabilities

Up

$371,704

Up $275,999 (+288%) from 2023

Net Assets

Up

$8,276,726

Up $560,108 (+7.3%) from 2023

Revenue

Up

$1,777,012

Up $11,248 (+0.6%) from 2023

Expenses

Up

$1,849,242

Up $412,277 (+29%) from 2023

Net Income

Down

-$72,230

Down $401,029 (-122%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2013: $2,339,128Liabilities 2013: $98,621Net Assets 2013: $2,240,5072013Assets 2014: $2,641,839Liabilities 2014: $176,101Net Assets 2014: $2,465,7382014Assets 2015: $2,658,657Liabilities 2015: $321,422Net Assets 2015: $2,337,2352015Assets 2016: $2,752,736Liabilities 2016: $247,281Net Assets 2016: $2,505,4552016Assets 2017: $3,112,290Liabilities 2017: $194,000Net Assets 2017: $2,918,2902017Assets 2018: $3,477,949Liabilities 2018: $227,946Net Assets 2018: $3,250,0032018Assets 2019: $3,723,370Liabilities 2019: $201,097Net Assets 2019: $3,522,2732019Assets 2020: $5,411,984Liabilities 2020: $176,849Net Assets 2020: $5,235,1352020Assets 2021: $7,482,559Liabilities 2021: $41,519Net Assets 2021: $7,441,0402021Assets 2022: $7,490,554Liabilities 2022: $109,175Net Assets 2022: $7,381,3792022Assets 2023: $7,812,323Liabilities 2023: $95,705Net Assets 2023: $7,716,6182023Assets 2024: $8,648,430Liabilities 2024: $371,704Net Assets 2024: $8,276,7262024

Highlighted filing

2024

Assets$8,648,430
Liabilities$371,704
Net Assets$8,276,726

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $327,2682013Revenue 2014: $381,140Expenses 2014: $217,808Net Income 2014: $163,3322014Revenue 2015: $699,358Expenses 2015: $603,623Net Income 2015: $95,7352015Revenue 2016: $392,445Expenses 2016: $353,247Net Income 2016: $39,1982016Revenue 2017: $804,919Expenses 2017: $588,860Net Income 2017: $216,0592017Revenue 2018: $858,868Expenses 2018: $765,048Net Income 2018: $93,8202018Revenue 2019: $733,981Expenses 2019: $613,219Net Income 2019: $120,7622019Revenue 2020: $1,912,494Expenses 2020: $570,180Net Income 2020: $1,342,3142020Revenue 2021: $2,296,452Expenses 2021: $712,769Net Income 2021: $1,583,6832021Revenue 2022: $2,571,543Expenses 2022: $1,190,971Net Income 2022: $1,380,5722022Revenue 2023: $1,765,764Expenses 2023: $1,436,965Net Income 2023: $328,7992023Revenue 2024: $1,777,012Expenses 2024: $1,849,242Net Income 2024: -$72,2302024

Highlighted filing

2024

Revenue$1,777,012
Expenses$1,849,242
Net Income-$72,230

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.65$0.37$8.28$1.78$1.85$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.81$0.10$7.72$1.77$1.44$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.49$0.11$7.38$2.57$1.19$1.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.48$0.04$7.44$2.30$0.71$1.58
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$0.18$5.24$1.91$0.57$1.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$0.20$3.52$0.73$0.61$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.23$3.25$0.86$0.77$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.19$2.92$0.80$0.59$0.22
2016Detailed filing. Detailed filing data is available for this year.$2.75$0.25$2.51$0.39$0.35$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.66$0.32$2.34$0.70$0.60$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.64$0.18$2.47$0.38$0.22$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.10$2.24$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,777,012
Mission and Program Overview

Mission

Support and encourage educational excellence through the college of the mainland. The foundation seeks to heighten community awareness of the mission and accomplishments of the college and to facilitate the creation of a student-centered learning community dedicated to excellence in education.

Support and encourage educational excellence through the college of the mainland. The foundation seeks to heighten community awareness of the mission and accomplishments of the college and to facilitate the creation of a student-centered learning community dedicated to scholarship and aid for education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,091,807$6,336,224▲ $2,244,417
Savings and Temporary Cash Investments$2,701,208$1,349,370▼ $1,351,838
Cash and Non-Interest-Bearing Accounts$856,242$864,839▲ $8,597
Pledges and Grants Receivable$163,066$97,997▼ $65,069
Total Assets$7,812,323$8,648,430▲ $836,107
Liabilities
Accounts Payable and Accrued Expenses$95,705$371,704▲ $275,999
Total Liabilities$95,705$371,704▲ $275,999
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,635,891$7,331,528▲ $695,637
Net Assets Without Donor Restrictions$1,080,727$945,198▼ $135,529
Total Net Assets Fund Balance$7,716,618$8,276,726▲ $560,108
Total Liabilities and Net Assets / Fund Balance$7,812,323$8,648,430▲ $836,107

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,803,764$100,000▲ $442,114$-15,195$3,330,683
2022$2,695,380-▲ $121,959$-13,575$2,803,764
2021$3,078,976-▼ $374,369$-9,227$2,695,380
2020$2,615,669-▲ $470,568$-7,261$3,078,976
2019$2,353,388-▲ $343,158$-80,877$2,615,669
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Lisa M WatsonPast Exec DiFT$105,860$105,860
Anita GarciaInterim ActiFT$48,582$48,582

Board Members and Trustees

NameTitle
Summer ChapmanPresident
Iman MontgomeryDirector
Shannon OsbornDirector
Sonny TholckenDirector
Tabitha LewtonDirector
Bill McgarveyTrustee/ex-o
Don GartmanTrustee/ex-o
Drwarren NicholsCOM Presiden
Tige CorneliusCurrent Exec
Denise NavarroPast Preside
Gary ScogginPast Preside
Sandi BelcherSecretary
Ivan LangfordTreasurer
Chris DevriesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,491,063
Program Service Revenue
$0
Investment Income
$285,949
Other Revenue
$0
All Other Contributions
$1,491,063
Change in Net Assets
$-72,230

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$359,185
Other Non Cash Contri Table1$42,776
Total Noncash Contributions2$401,961

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,777,012
Revenue Not Reported on Form 990
$632,338
Total Revenue per Audited Statements
$2,409,350
Total Revenue per Form 990
$1,777,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,033,725
Other Expenses$815,517
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,033,725--$1,033,725
All Other Expenses-$55,600-$55,600
Other Expenses$55,215$401,961-$55,215
Insurance-$25,611-$25,611
Total Functional Expenses$1,366,070$483,172$0$1,849,242

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,849,242
Total Expenses per Audited Statements$1,849,242
Total Expenses per Form 990$1,849,242
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
College of the MainlandTexas City, TX501c 3Scholarships to Stud$1,033,725
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director who acts with the support of the board of directors.

Form 990, Page 6, Part VI, Line 12C

The board of directors are required to disclose any potential conflicts of interest annually.

Form 990, Page 6, Part VI, Line 18

Governing documents are made available upon request to the organization.

Form 990, Page 6, Part VI, Line 19

File copies of the tax return are made available upon written request to the organization as well as through guidestar, a third party website.

Filing and Contact Details

Filer

Filer Name
College of the Mainland Foundation
EIN
23-7181343
Phone
4099338674
Address
1200 NORTH AMBURN ROAD STE 219, TEXAS CITY, TX 77591

Signing Officer

Name
Tige Cornelius
Title
Current Exec Directo
Phone
4099338674
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tige Cornelius
Formed
1972
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
20

Preparer

Firm
The Ray Tax Group
Address
600 GULF FWY STE 226, TEXAS CITY, TX 77591-2800
Preparer
Lydia Inaba Cook CPA
Phone
4099484406
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Support and encourage educational excellence through the college of the mainland. The foundation seeks to heighten community awareness of the mission and accomplishments of the college and to facilitate the creation of a student-centered learning community dedicated to scholarship and aid for education.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 510 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS TO STUD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COLLEGE OF THE MAINLAND
IRS990ScheduleI/RecipientTable/RecipientEIN0741555808
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01200 NORTH AMBURN ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TEXAS CITY
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0PERSONNEL
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1GEN. FACILITIES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORT AND ENCOURAGE EDUCATIONAL EXCELLENCE THROUGH THE COLLEGE OF THE MAINLAND. THE FOUNDATION SEEKS TO HEIGHTEN COMMUNITY AWARENESS OF THE MISSION AND ACCOMPLISHMENTS OF THE COLLEGE AND TO FACILITATE THE CREATION OF A STUDENT-CENTERED LEARNING COMMUNITY DEDICATED TO SCHOLARSHIP AND AID FOR EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR WHO ACTS WITH THE SUPPORT OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FILE COPIES OF THE TAX RETURN ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION AS WELL AS THROUGH GUIDESTAR, A THIRD PARTY WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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