Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
990 • Fiscal year 2015 • EIN 23-7319286
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
52nd percentile
Higher debt load relative to revenue than 52% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Assets
Up$8,938,070
Up $1,385,346 (+18%) from 2013
Net Assets
Up$8,771,721
Up $1,251,844 (+17%) from 2013
Liabilities
Up$166,349
Up $133,502 (+406%) from 2013
Revenue
Down$827,344
Down $714,135 (-46%) from 2013
Expenses
Up$368,751
Up $55,286 (+18%) from 2013
Net Income
Down$458,593
Down $769,421 (-63%) from 2013
To assist in developing and increasing the facilities of texas tech university by and through activities of the texas tech alumni association. The goal is the advancement of higher education and broader educational opportunities including research and other literary and scientific undertakings. Provide scholarships and alumni faculty awards.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $6,458,082 | $7,570,284 | ▲ $1,112,202 |
| Savings and Temporary Cash Investments | $1,778,293 | $1,013,460 | ▼ $764,833 |
| Prepaid Expenses and Deferred Charges | $300,238 | $326,160 | ▲ $25,922 |
| Cash and Non-Interest-Bearing Accounts | $37,391 | $25,797 | ▼ $11,594 |
| Total Assets | $8,777,372 | $8,938,070 | ▲ $160,698 |
| Other Assets Total | $203,368 | $2,369 | ▼ $200,999 |
| Liabilities | |||
| Other Liabilities | $42,000 | $107,368 | ▲ $65,368 |
| Accounts Payable and Accrued Expenses | $176,229 | $58,981 | ▼ $117,248 |
| Total Liabilities | $218,229 | $166,349 | ▼ $51,880 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $6,868,848 | $7,150,196 | ▲ $281,348 |
| Temporarily Rstr Net Assets | $1,690,295 | $1,621,525 | ▼ $68,770 |
| Total Net Assets Fund Balance | $8,559,143 | $8,771,721 | ▲ $212,578 |
| Total Liabilities and Net Assets / Fund Balance | $8,777,372 | $8,938,070 | ▲ $160,698 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2014 | $8,559,143 | $646,585 | ▲ $180,759 | - | $8,771,721 |
| 2013 | $7,519,877 | $534,998 | ▲ $729,581 | - | $8,559,143 |
| 2012 | $6,233,507 | $1,311,175 | ▲ $270,091 | - | $7,519,877 |
| 2011 | $5,640,406 | $674,242 | ▲ $179,293 | - | $6,233,507 |
| 2010 | $5,633,529 | $226,811 | ▲ $9,626 | - | $5,640,406 |
| Name | Title |
|---|---|
| Bill Brown | Chairman |
| Tom Sellers | President |
| David Low | CFO |
| Ivette Bascues | Chief Accoun |
| Dan Pope | Member |
| David Waggoner | Member |
| Jeff Klotzman | Member |
| Joe Dale Bryan | Member |
| John Elliot | Member |
| Keith Mann | Member |
| Paul Combest | Member |
| Rex Isom | Member |
| Rick Overman | Member |
| Dr Bill Dean | Secretary |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $350,514 |
| Other Expenses | $18,237 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $350,514 | - | - | $350,514 |
| Fees for Services Accounting | - | $18,237 | - | $18,237 |
| Total Functional Expenses | $350,514 | $18,237 | $0 | $368,751 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $368,751 |
| Total Expenses per Audited Statements | $368,751 |
| Total Expenses per Form 990 | $368,751 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Scholarships Payable | $84,700 |
| Due to Affiliate | $22,668 |
“The form 990 is reviewed by the endowment officers and is then made available to the other board members for their review.”
“AVAILABLE UPON REQUEST.”
“To assist in developing and increasing the facilities of texas tech university by and through activities of the texas tech alumni association. The goal is the advancement of higher education and broader educational opportunities including research and other literary and scientific undertakings. Provide scholarships and alumni faculty awards.”
“The endowment trust is exempt from federal income taxes under section 501 (c)(3) of the internal revenue code and, accordingly, no provision for income taxes is included in the financial statements. Income tax benefits are recognized for income tax positions taken, or expected to be taken, in a tax return only when it is determined that the income tax position will more likely than not be sustained upon examination by taxing authorities. The endowment trust has analyzed its tax positions taken for filings with the internal revenue service and believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the endowment trust's financial condition, results of operations, or cash flows. Accordingly, the endowment trust has not recorded any tax assets or liabilities, or related accruals for interest and penalties for uncertain income tax positions at august 31, 2014. It is the endowment trust's policy to recognize interest and/or penalties related to income tax matters in income tax expense. The endowment trust is not under examination for any open tax years. With few exceptions, the endowment trust is no longer subject to u.s. Federal income tax examinations for years before 2011.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 176229 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 58981 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ASSIST IN DEVELOPING AND INCREASING THE FACILITIES OF TEXAS TECH UNIVERSITY BY AND THROUGH ACTIVITIES OF THE TEXAS TECH ALUMNI ASSOCIATION. THE GOAL IS THE ADVANCEMENT OF HIGHER EDUCATION AND BROADER EDUCATIONAL OPPORTUNITIES INCLUDING RESEARCH AND OTHER LITERARY AND SCIENTIFIC UNDERTAKINGS. PROVIDE SCHOLARSHIPS AND ALUMNI FACULTY AWARDS. |
| IRS990/AllOtherContributionsAmt | 0 | 646585 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DAVID LOW |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8067423641 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 45001 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LUBBOCK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 79409 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 37391 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 25797 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 646585 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 350514 |
| IRS990/CYInvestmentIncomeAmt | 0 | 180759 |
| IRS990/CYOtherExpensesAmt | 0 | 18237 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 458593 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 368751 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 827344 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | PROVIDE SCHOLARSHIPS AND AWARDS TO THE STUDENTS OF TEXAS TECH UNIVERSITY FROM THE ENDOWED FUNDS' EARNINGS AND CONTRIBUTIONS FOR SUCH PURPOSES FROM ALUMNI OF TEXAS TECH UNIVERSITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 350514 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 18237 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 18237 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DAVID WAGGONER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RICK OVERMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PAUL COMBEST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN ELLIOT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | REX ISOM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JEFF KLOTZMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KEITH MANN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAN POPE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOE DALE BRYAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | BILL BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DR BILL DEAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | TOM SELLERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | DAVID LOW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | IVETTE BASCUES |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | CHIEF ACCOUN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1973 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -140644 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 350514 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 350514 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 350514 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 1687074 |
| IRS990/GrossReceiptsAmt | 0 | 2655062 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 321403 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 321403 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 6458082 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 7570284 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1827718 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ASSIST IN DEVELOPING AND INCREASING THE FACILITIES OF TEXAS TECH UNIVERSITY BY AND THROUGH ACTIVITIES OF THE TEXAS TECH ALUMNI ASSOCIATION. THE GOAL IS THE ADVANCEMENT OF HIGHER EDUCATION AND BROADER EDUCATIONAL OPPORTUNITIES INCLUDING RESEARCH AND OTHER LITERARY AND SCIENTIFIC UNDERTAKINGS. PROVIDE SCHOLARSHIPS AND ALUMNI FACULTY AWARDS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8559143 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 8771721 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -140644 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -140644 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -246015 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 203368 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2369 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 42000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 107368 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 6868848 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 7150196 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 300238 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 326160 |
| IRS990/PrincipalOfficerNm | 0 | DAVID LOW |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 534998 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 206313 |
| IRS990/PYInvestmentIncomeAmt | 0 | 658715 |
| IRS990/PYOtherExpensesAmt | 0 | 19000 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 968400 |
| IRS990/PYTotalExpensesAmt | 0 | 225313 |
| IRS990/PYTotalRevenueAmt | 0 | 1193713 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 458593 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1778293 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1013460 |
| IRS990ScheduleA/CollegeOrganizationInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 646585 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 534998 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1329743 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 674242 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 226811 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3412379 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 321403 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 108160 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SCHOLARSHIPS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO AFFILIATE |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.80250 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ENDOWMENT TRUST IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ENDOWMENT TRUST HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ENDOWMENT TRUST'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ENDOWMENT TRUST HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT AUGUST 31, 2014. IT IS THE ENDOWMENT TRUST'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ENDOWMENT TRUST IS NOT UNDER EXAMINATION FOR ANY OPEN TAX YEARS. WITH FEW EXCEPTIONS, THE ENDOWMENT TRUST IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR YEARS BEFORE 2011. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TO ASSIST IN DEVELOPING AND INCREASING THE FACILITIES OF TEXAS TECH UNIVERSITY BY AND THROUGH ACTIVITIES OF THE TEXAS TECH ALUMNI ASSOCIATION. THE GOAL IS THE ADVANCEMENT OF HIGHER EDUCATION AND BROADER EDUCATIONAL OPPORTUNITIES INCLUDING RESEARCH AND OTHER LITERARY AND SCIENTIFIC UNDERTAKINGS. PROVIDE SCHOLARSHIPS AND ALUMNI FACULTY AWARDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 IS REVIEWED BY THE ENDOWMENT OFFICERS AND IS THEN MADE AVAILABLE TO THE OTHER BOARD MEMBERS FOR THEIR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.