Civic Intelligence

Texas Higher Education Foundation

990 • Fiscal year 2019 • EIN 74-3017895

Sep 01, 2018 to Aug 31, 2019 • Filed on Feb 06, 2020

Organization ProfileWWW.TXHIGHEREDFOUNDATION.ORG
1200 East Anderson LaneAustin, TX 78752

(512) 427-6233

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

21st percentile

-9.5%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$118,210

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

117%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$821,504

Down $145,503 (-15%) from 2018

Net Assets

Down

$817,269

Down $101,288 (-11%) from 2018

Liabilities

Down

$4,235

Down $44,215 (-91%) from 2018

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin21st percentile

Revenue

Up

$1,063,578

Up $574,173 (+117%) from 2018

Expenses

Down

$1,164,866

Down $349,525 (-23%) from 2018

Net Income

Up

-$101,288

Up $923,698 (+90%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,061,059Liabilities 2010: $292,570Net Assets 2010: $3,768,4892010Assets 2011: $3,994,777Liabilities 2011: $499,037Net Assets 2011: $3,495,7402011Assets 2012: $5,289,550Liabilities 2012: $456,947Net Assets 2012: $4,832,6032012Assets 2013: $3,283,836Liabilities 2013: $41,249Net Assets 2013: $3,242,5872013Assets 2014: $1,840,067Liabilities 2014: $174,542Net Assets 2014: $1,665,5252014Assets 2015: $686,224Liabilities 2015: $6,732Net Assets 2015: $679,4922015Assets 2016: $1,713,616Liabilities 2016: $161,847Net Assets 2016: $1,551,7692016Assets 2017: $1,960,958Liabilities 2017: $17,415Net Assets 2017: $1,943,5432017Assets 2018: $967,007Liabilities 2018: $48,450Net Assets 2018: $918,5572018Assets 2019: $821,504Liabilities 2019: $4,235Net Assets 2019: $817,2692019Assets 2020: $2,081,929Liabilities 2020: $336,026Net Assets 2020: $1,745,9032020Assets 2021: $3,255,300Liabilities 2021: $323,525Net Assets 2021: $2,931,7752021Assets 2022: $3,354,865Liabilities 2022: $647,340Net Assets 2022: $2,707,5252022Assets 2023: $2,243,874Liabilities 2023: $239,875Net Assets 2023: $2,003,9992023Assets 2024: $4,646,188Liabilities 2024: $576,131Net Assets 2024: $4,070,0572024Assets 2025: $5,674,984Liabilities 2025: $381,526Net Assets 2025: $5,293,4582025

Highlighted filing

2019

Assets$821,504
Liabilities$4,235
Net Assets$817,269
Open 2019 Filing

Operations Trend

Revenue Growth94th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,945,9372010Expenses 2011: $1,409,1172011Expenses 2012: $2,352,6462012Expenses 2013: $2,090,7542013Revenue 2014: $649,247Expenses 2014: $2,226,309Net Income 2014: -$1,577,0622014Revenue 2015: $133,003Expenses 2015: $1,119,036Net Income 2015: -$986,0332015Revenue 2016: $1,566,402Expenses 2016: $694,125Net Income 2016: $872,2772016Revenue 2017: $1,601,449Expenses 2017: $1,209,675Net Income 2017: $391,7742017Revenue 2018: $489,405Expenses 2018: $1,514,391Net Income 2018: -$1,024,9862018Revenue 2019: $1,063,578Expenses 2019: $1,164,866Net Income 2019: -$101,2882019Revenue 2020: $2,420,760Expenses 2020: $1,492,126Net Income 2020: $928,6342020Revenue 2021: $5,310,528Expenses 2021: $4,124,656Net Income 2021: $1,185,8722021Revenue 2022: $2,408,543Expenses 2022: $2,632,793Net Income 2022: -$224,2502022Revenue 2023: $1,032,734Expenses 2023: $1,736,260Net Income 2023: -$703,5262023Revenue 2024: $5,241,528Expenses 2024: $3,175,470Net Income 2024: $2,066,0582024Revenue 2025: $3,862,207Expenses 2025: $2,638,806Net Income 2025: $1,223,4012025

Highlighted filing

2019

Revenue$1,063,578
Expenses$1,164,866
Net Income-$101,288
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Feb 6, 2020
Return Version
2018v3.1
Gross Receipts
$1,063,578
Mission and Program Overview

Mission

The mission of the texas higher education foundation is to increase participation and success in higher education for all texans. The foundation is a support organization for the texas higher education coordinating board. It exists to raise public awareness and private sector funding to support the state's higher education plan.

To foster and further evidence-based initiatives that positively impact postsecondary outcomes in texas together with the texas higher education coordinating board.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$480,640$534,486▲ $53,846
Savings and Temporary Cash Investments$459,017$249,837▼ $209,180
Accounts Receivable$0$34,581▲ $34,581
Pledges and Grants Receivable$24,750$0▼ $24,750
Prepaid Expenses and Deferred Charges$2,600$2,600→ $0
Total Assets$967,007$821,504▼ $145,503
Liabilities
Accounts Payable and Accrued Expenses$48,450$4,235▼ $44,215
Total Liabilities$48,450$4,235▼ $44,215
Net Assets / Fund Balance
Temporarily Rstr Net Assets$863,258$673,794▼ $189,464
Unrestricted Net Assets$55,299$143,475▲ $88,176
Total Net Assets Fund Balance$918,557$817,269▼ $101,288
Total Liabilities and Net Assets / Fund Balance$967,007$821,504▼ $145,503
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Heather a MarshExecutive DirectorPT$118,210$118,210

Board Members and Trustees

NameTitle
Neal AdamsPresident and CEO
Lorraine PerrymanVice President
Beverly Volkman PowellTrustee
Darryl HeathTrustee
Fred Farias IiiTrustee
Fred HeldenfelsTrustee
Jim SchwertnerTrustee
John SteenTrustee
Richard a BoxTrustee
Robert Bobby Jenkins JrTrustee
Stuart StedmanTrustee
Woody HuntTrustee
Elaine MendozaSecretary
Raymond R MesserTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
American Institute For ResearchHigher Education Related StudiesPO BOX 28126, New York, NY 10087-8126$410,958
University Of Houston DowntownHigher Education Related ProgramsONE MAIN STREET, Houston, TX 77002-1014$125,000
South Texas CollegeHigher Education Related Programs3201 PECAN BLVD, Mcallen, TX 78501$120,649
Revenue and Support

Revenue Composition

Contributions and Grants
$986,121
Program Service Revenue
$0
Investment Income
$5,098
Other Revenue
$72,359
All Other Contributions
$986,121
Change in Net Assets
$-101,288

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,063,578
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$83,220
Total Revenue per Audited Statements
$1,146,798
Total Revenue per Form 990
$1,063,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$914,478
Grants and Similar Amounts Paid$170,360
Professional Fundraising Fees$72,406
Total Fundraising Expense$72,406
Salaries, Compensation, and Employee Benefits$7,622

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$170,360--$170,360
Fees for Services Professional Fundraising--$72,406$72,406
Conferences and Meetings$37,908$14,002-$51,910
Fees for Services Accounting-$19,404-$19,404
Other Expenses$13,518$133-$13,651
Other Salaries and Wages-$7,080-$7,080
Insurance-$5,074-$5,074
Travel$2,500$799-$3,299
Office Expenses-$656-$656
Payroll Taxes-$542-$542
Total Functional Expenses$1,044,770$47,690$72,406$1,164,866

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,248,086
Expenses per Audited Statements$1,164,866
Total Expenses per Form 990$1,164,866
Expenses Not Reported on Form 990$83,220
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Texas Higher Education Coordinating BoardAustin, TXState of Texas60x30tx Website and Emergency Aid Programs$64,835
Lamar UniversityBeaumont, TXState of TexasEmergency Aid Program$9,581
Lee CollegeBaytown, TXState of TexasEmergency Aid Program$9,581
ST EDWARD'S UNIVERSITYAustin, TX501(c)(3)Emergency Aid Program$9,581
Stephen F Austin State UniversityNacogdoches, TXState of TexasEmergency Aid Program$9,581
University of Texas at ArlingtonArlington, TXState of TexasEmergency Aid Program$9,581
Victoria CollegeVictoria, TXState of TexasEmergency Aid Program$9,581
Alvin Community CollegeAlvin, TXState of TexasEmergency Aid Program$9,125
Central Texas CollegeKilleen, TXState of TexasEmergency Aid Program$9,124
Northwest Vista CollegeSan Antonio, TXState of TexasEmergency Aid Program$9,124
Wharton County Junior CollegeWharton, TXState of TexasEmergency Aid Program$9,124
Midland CollegeMidland, TXState of TexasEmergency Aid Program$5,839
Mclennan Community CollegeWaco, TXState of TexasEmergency Aid Program$5,703
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$72,406
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
Backup withholding compliance
Yes
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, Part VI, Section B, Line 11B

“The form 990 is prepared by a public accounting firm and is reviewed before filing by the foundation's accountant, executive director, and treasurer.”

Form 990, Part VI, Section B, Line 12C

“Foundation staff maintains a file of conflict of interest statements signed by all trustees. In addition, thecb legal counsel attends foundation meetings to ensure that trustees are further advised of the requirement to disclose any direct or indirect interest or relationship with a vendor and to abstain from participation in any decision or discussion on a related matter. Any real or potential conflict of interest and trustee abstention is to be recorded in the minutes of the foundation board.”

Form 990, Part VI, Section C, Line 18

“Copies of the 990 are also available on www.guidestar.org, which has provided the foundation with a platinum rating.”

Form 990, Part VI, Section C, Line 19

“All organizing documents, policies and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Texas Higher Education Foundation
EIN
74-3017895
Phone
5124276233
Address
1200 EAST ANDERSON LANE, AUSTIN, TX 78752

Signing Officer

Name
Melissa Henderson
Title
Executive Director
Phone
5124276233
Signed
2020-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Henderson
Formed
2001
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
0

Preparer

Firm
Maxwell Locke & Ritter Llp
Address
401 CONGRESS AVENUE SUITE 1100, AUSTIN, TX 78701-9682
Preparer
Sean Holcomb
Phone
5123703200
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“The audit selection and oversight process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 641 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0170360
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0170360
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0170360
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01063578
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05074
IRS990/InsuranceGrp/TotalAmt05074
IRS990/InvestmentIncomeGrp/ExclusionAmt05098
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05098
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE TEXAS HIGHER EDUCATION FOUNDATION IS TO INCREASE PARTICIPATION AND SUCCESS IN HIGHER EDUCATION FOR ALL TEXANS. THE FOUNDATION IS A SUPPORT ORGANIZATION FOR THE TEXAS HIGHER EDUCATION COORDINATING BOARD. IT EXISTS TO RAISE PUBLIC AWARENESS AND PRIVATE SECTOR FUNDING TO SUPPORT THE STATE'S HIGHER EDUCATION PLAN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0918557
IRS990/NetAssetsOrFundBalancesEOYAmt0817269
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0656
IRS990/OfficeExpensesGrp/TotalAmt0656
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1WEBSITE EXPENSES
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0133
IRS990/OtherExpensesGrp/ProgramServicesAmt0770939
IRS990/OtherExpensesGrp/ProgramServicesAmt125600
IRS990/OtherExpensesGrp/ProgramServicesAmt223945
IRS990/OtherExpensesGrp/ProgramServicesAmt313518
IRS990/OtherExpensesGrp/TotalAmt0770939
IRS990/OtherExpensesGrp/TotalAmt125600
IRS990/OtherExpensesGrp/TotalAmt223945
IRS990/OtherExpensesGrp/TotalAmt313651
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt072359
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt072359
IRS990/OtherRevenueTotalAmt072359
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07080
IRS990/OtherSalariesAndWagesGrp/TotalAmt07080
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0542
IRS990/PayrollTaxesGrp/TotalAmt0542
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt024750
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02600
IRS990/PrincipalOfficerNm0MELISSA HENDERSON
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0474960
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0144877
IRS990/PYInvestmentIncomeAmt02400
IRS990/PYOtherExpensesAmt01291808
IRS990/PYOtherRevenueAmt012045
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1024986
IRS990/PYSalariesCompEmpBnftPaidAmt07706
IRS990/PYTotalExpensesAmt01514391
IRS990/PYTotalProfFndrsngExpnsAmt070000
IRS990/PYTotalRevenueAmt0489405
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-101288
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0459017
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0249837
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0746016766
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0170360
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0TEXAS HIGHER EDUCATION COORDINATING BOARD
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0170360
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt083220
IRS990ScheduleD/DonatedServicesUseFcltsAmt083220
IRS990ScheduleD/ExpensesNotReportedAmt083220
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01164866
IRS990ScheduleD/RevenueNotReportedAmt083220
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01063578
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01164866
IRS990ScheduleD/TotalRevenuePerForm990Amt01063578
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01146798
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01248086
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0MEETINGS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0965950
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0893544
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0DR RAYMUND PAREDES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt072406
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01200 E ANDERSON LANE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0AUSTIN
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd078752
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0DR. RAYMUND PAREDES INITIATED CONTACTS WITH MULTIPLE FOUNDATION REPRESENTATIVES, MET WITH THEM PERSONALLY TO IDENTIFY WAYS EACH COULD HELP THE FOUNDATION AND THECB MEET PROGRAM GOALS, AND GUIDED WORK ON RELATED WRITTEN REQUESTS FOR FUNDING. THE CONTRACT WITH PAREDES SPECIFIES DELIVERABLES AND PROVIDES FOR REIMBURSEMENT TO PAREDES FOR REASONABLE AND NECESSARY EXPENSES IN PERFORMING THE SERVICES. REIMBURSED EXPENSES TOTALED $2,406.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PART I, LINE 2B, COLUMN II
IRS990ScheduleG/TotalGrossReceiptsAmt0965950
IRS990ScheduleG/TotalNetToOrganizationAmt0893544
IRS990ScheduleG/TotalRetainedByContractorsAmt072406
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt064835
IRS990ScheduleI/RecipientTable/CashGrantAmt19581
IRS990ScheduleI/RecipientTable/CashGrantAmt25839
IRS990ScheduleI/RecipientTable/CashGrantAmt39124
IRS990ScheduleI/RecipientTable/CashGrantAmt45703
IRS990ScheduleI/RecipientTable/CashGrantAmt59125
IRS990ScheduleI/RecipientTable/CashGrantAmt69581
IRS990ScheduleI/RecipientTable/CashGrantAmt79581
IRS990ScheduleI/RecipientTable/CashGrantAmt89581
IRS990ScheduleI/RecipientTable/CashGrantAmt99581
IRS990ScheduleI/RecipientTable/CashGrantAmt109581
IRS990ScheduleI/RecipientTable/CashGrantAmt119124
IRS990ScheduleI/RecipientTable/CashGrantAmt129124
IRS990ScheduleI/RecipientTable/IRCSectionDesc0STATE OF TEXAS

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$821,504
Liabilities
$4,235
Net assets
$817,269
Revenue
$1,063,578
Expenses
$1,164,866
Net income
-$101,288
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.67$0.38$5.29$3.86$2.64$1.22
2024Detailed filing. Detailed filing data is available for this year.$4.65$0.58$4.07$5.24$3.18$2.07
2023Detailed filing. Detailed filing data is available for this year.$2.24$0.24$2.00$1.03$1.74$0.70
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.65$2.71$2.41$2.63$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.32$2.93$5.31$4.12$1.19
2020Detailed filing. Detailed filing data is available for this year.$2.08$0.34$1.75$2.42$1.49$0.93
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$1.06$1.16$0.10
2018Summary only. Only limited summary data is available for this year.$0.97$0.05$0.92$0.49$1.51$1.02
2017Detailed filing. Detailed filing data is available for this year.$1.96$0.02$1.94$1.60$1.21$0.39
2016Summary only. Only limited summary data is available for this year.$1.71$0.16$1.55$1.57$0.69$0.87
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.13$1.12$0.99
2014Detailed filing. Detailed filing data is available for this year.$1.84$0.17$1.67$0.65$2.23$1.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.04$3.24$2.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$0.46$4.83$2.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$0.50$3.50$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.29$3.77$2.95