Civic Intelligence

Randolph Foundation for Higher Education Inc.

990PF • Fiscal year 2021 • EIN 46-4294206

Aug 01, 2020 to Jul 31, 2021 • Filed on Dec 14, 2021

Organization Profile
3404 Manioca RoadLubbock, TX 79403

(806) 746-6926

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.86x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

68.19x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • $25M-$50M nonprofits • Source year 2021

Net Margin

1st percentile

-324%

Higher net margin than 1% of similar nonprofits.

2021 filings • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

20th percentile

$1,200

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2021 filings • $25M-$50M nonprofits • Source year 2021

Asset Growth

99th percentile

463%

Faster asset growth than 99% of similar nonprofits.

2021 filings • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

95th percentile

398%

Faster revenue growth than 95% of similar nonprofits.

2021 filings • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$25,504,300

Up $20,975,374 (+463%) from 2020

Net Assets

Down

$3,484,265

Down $1,044,661 (-23%) from 2020

Liabilities

Up

$22,020,035

Up $22,020,035 from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$322,913

Up $258,059 (+398%) from 2020

Expenses

Up

$1,367,574

Up $1,011,103 (+284%) from 2020

Net Income

Down

-$1,044,661

Down $753,044 (-258%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2014: $21,990Liabilities 2014: $0Net Assets 2014: $21,9902014Assets 2015: $34,107Liabilities 2015: $0Net Assets 2015: $34,1072015Assets 2016: $30,045Liabilities 2016: $0Net Assets 2016: $30,0452016Assets 2017: $577,764Liabilities 2017: $0Net Assets 2017: $577,7642017Assets 2018: $517,159Liabilities 2018: $0Net Assets 2018: $517,1592018Assets 2019: $4,820,543Liabilities 2019: $0Net Assets 2019: $4,820,5432019Assets 2020: $4,528,926Liabilities 2020: $0Net Assets 2020: $4,528,9262020Assets 2021: $25,504,300Liabilities 2021: $22,020,035Net Assets 2021: $3,484,2652021Assets 2022: $46,691,561Liabilities 2022: $43,003,531Net Assets 2022: $3,688,0302022Assets 2023: $68,916,597Liabilities 2023: $64,299,732Net Assets 2023: $4,616,8652023Assets 2024: $63,428,559Liabilities 2024: $59,299,732Net Assets 2024: $4,128,8272024

Highlighted filing

2021

Assets$25,504,300
Liabilities$22,020,035
Net Assets$3,484,265
Open 2021 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,021,990Expenses 2014: $1,000,000Net Income 2014: $21,9902014Revenue 2015: $15,004Expenses 2015: $2,375Net Income 2015: $12,6292015Revenue 2016: $3Expenses 2016: $4,065Net Income 2016: -$4,0622016Revenue 2017: $629,021Expenses 2017: $81,302Net Income 2017: $547,7192017Revenue 2018: $168Expenses 2018: $46,661Net Income 2018: -$46,4932018Revenue 2019: $5,398,362Expenses 2019: $1,094,978Net Income 2019: $4,303,3842019Revenue 2020: $64,854Expenses 2020: $356,471Net Income 2020: -$291,6172020Revenue 2021: $322,913Expenses 2021: $1,367,574Net Income 2021: -$1,044,6612021Revenue 2022: $232,829Expenses 2022: $29,064Net Income 2022: $203,7652022Revenue 2023: $985,544Expenses 2023: $51,709Net Income 2023: $933,8352023Revenue 2024: $612,566Expenses 2024: $1,112,942Net Income 2024: -$500,3762024

Highlighted filing

2021

Revenue$322,913
Expenses$1,367,574
Net Income-$1,044,661
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Dec 14, 2021
Return Version
2020v4.0
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK D RANDOLPHDirector-$1,200-$1,200
DAWNA L RANDOLPHDirector-$1,200-$1,200
TROY RANDOLPHDirector-$1,200-$1,200
KAREN LEANN RANDOLPHDirector-$1,200-$1,200
DOUG E RANDOLPHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Randolph Foundation for Higher
EIN
46-4294206
Phone
8067466926
Address
3404 MANIOCA ROAD, LUBBOCK, TX 79403

Signing Officer

Name
Doug E Randolph
Title
Governing Member
Signed
2021-12-14
Discuss with paid preparer
Yes

Preparer

Firm
Mason Warner & Company PC
Address
5202 Indiana Ave, Lubbock, TX 79413
Preparer
Mark W Dickson CPA
Phone
8067973251
Raw XML Appendix364 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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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3HANDBALL FACILITIES IN HONOR OF TROY RANDOLPH, SR.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm3ANGELO STATE UNIVERSITY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3NONE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt13801 SOUTH LOOP 289
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt25601 19TH ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt32601 W AVE N
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0AUSTIN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1LUBBOCK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2LUBBOCK
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt081302
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt02555
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt01443750
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IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt059524
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt081302
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt01348250
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt01302924
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt01446305
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0143381
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt021019983
LoansFromOfficersSchedule/LoansFromOfficerGrp/ConsiderationFMVAmt021019983
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderConsiderationDesc0NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm0DOUG E RANDOLPH
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanMaturityDt02040-09
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt021019983
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanPurposeTxt0FOUNDATION OPERATIONS
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt02020-09
LoansFromOfficersSchedule/LoansFromOfficerGrp/RepaymentTermsTxt0ON DEMAND
LoansFromOfficersSchedule/LoansFromOfficerGrp/SecurityProvidedBorrowerTxt0NONE
LoansFromOfficersSchedule/LoansFromOfficerGrp/TitleTxt0DIRECTOR
MortgagesAndNotesPayableSch/MortgageAmt01000000
MortgagesAndNotesPayableSch/NotePayableGrp/BalanceDueAmt01000000
MortgagesAndNotesPayableSch/NotePayableGrp/ConsiderationFMVAmt01000000
MortgagesAndNotesPayableSch/NotePayableGrp/LenderConsiderationDesc0NONE
MortgagesAndNotesPayableSch/NotePayableGrp/LenderNameGrp/PersonNm0NA CONDOR LTD
MortgagesAndNotesPayableSch/NotePayableGrp/LoanMaturityDt02022-09
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MortgagesAndNotesPayableSch/NotePayableGrp/RepaymentTermsTxt0ON DEMAND
MortgagesAndNotesPayableSch/NotePayableGrp/SecurityProvidedBorrowerTxt0NONE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1PROPERTY MNT
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt012
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt110008
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt012
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt110008
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Other Investment Income
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt012312
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0LUBBOCK NATIONAL BANK
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt04006 82ND STREET
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0LUBBOCK
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0TX
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd079423
TaxesSchedule/TaxesDetail/Amt01714
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL TAX
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt01714
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG E RANDOLPH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GOVERNING MEMBER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RANDOLPH FOUNDATION FOR HIGHER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RAND
ReturnHeader/Filer/EIN0464294206
ReturnHeader/Filer/PhoneNum08067466926
ReturnHeader/Filer/USAddress/AddressLine1Txt03404 MANIOCA ROAD
ReturnHeader/Filer/USAddress/CityNm0LUBBOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752256980
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mason Warner & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05202 Indiana Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lubbock
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079413
ReturnHeader/PreparerPersonGrp/PhoneNum08067973251
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK W DICKSON CPA
ReturnHeader/ReturnTs02021-12-14T08:02:45-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOUG E
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RANDOLPH
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,504,300
Liabilities
$22,020,035
Net assets
$3,484,265
Revenue
$322,913
Expenses
$1,367,574
Net income
-$1,044,661
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.4$59.3$4.13$0.61$1.11$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.9$64.3$4.62$0.99$0.05$0.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.7$43.0$3.69$0.23$0.03$0.20
2021Detailed filing. Detailed filing data is available for this year.$25.5$22.0$3.48$0.32$1.37$1.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$0.00$4.53$0.06$0.36$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$0.00$4.82$5.40$1.09$4.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$0.00$0.05$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.63$0.08$0.55
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.02$0.00$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.02$1.00$0.02