Civic Intelligence

Tarleton State University Foundation Inc.

990 • Fiscal year 2021 • EIN 75-2331886

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 11, 2022

Organization ProfileWWW.TARLETON.EDU
Box T-0950Stephenville, TX 76402

(254) 968-9421

Siviq Scores

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

Liabilities / Assets

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.13x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

86th percentile

33%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

88%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$32,307,359

Up $8,050,393 (+33%) from 2020

Net Assets

Up

$31,661,412

Up $7,703,125 (+32%) from 2020

Liabilities

Up

$645,947

Up $347,268 (+116%) from 2020

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin95th percentile

Revenue

Up

$4,927,812

Up $2,307,089 (+88%) from 2020

Expenses

Down

$1,197,293

Down $5,603 (-0.5%) from 2020

Net Income

Up

$3,730,519

Up $2,312,692 (+163%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$80M$60M$40M$20M$0Assets 2011: $15,512,370Liabilities 2011: $1,329Net Assets 2011: $15,511,0412011Assets 2012: $14,704,019Liabilities 2012: $5,512Net Assets 2012: $14,698,5072012Assets 2013: $16,226,105Liabilities 2013: $3,991Net Assets 2013: $16,222,1142013Assets 2014: $18,700,448Liabilities 2014: $36,095Net Assets 2014: $18,664,3532014Assets 2015: $17,283,395Liabilities 2015: $104,417Net Assets 2015: $17,178,9782015Assets 2016: $17,995,474Liabilities 2016: $120,305Net Assets 2016: $17,875,1692016Assets 2017: $19,785,637Liabilities 2017: $106,249Net Assets 2017: $19,679,3882017Assets 2018: $21,196,669Liabilities 2018: $333,521Net Assets 2018: $20,863,1482018Assets 2019: $22,012,876Liabilities 2019: $311,833Net Assets 2019: $21,701,0432019Assets 2020: $24,256,966Liabilities 2020: $298,679Net Assets 2020: $23,958,2872020Assets 2021: $32,307,359Liabilities 2021: $645,947Net Assets 2021: $31,661,4122021Assets 2022: $28,820,502Liabilities 2022: $249,960Net Assets 2022: $28,570,5422022Assets 2023: $47,637,572Liabilities 2023: $6,086,232Net Assets 2023: $41,551,3402023Assets 2024: $60,617,916Liabilities 2024: $6,162,390Net Assets 2024: $54,455,5262024

Highlighted filing

2021

Assets$32,307,359
Liabilities$645,947
Net Assets$31,661,412
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

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

$20M$15M$10M$5.0M$0Expenses 2011: $457,6612011Expenses 2012: $1,929,0622012Expenses 2013: $496,7342013Revenue 2014: $3,035,552Expenses 2014: $593,313Net Income 2014: $2,442,2392014Revenue 2015: $1,068,937Expenses 2015: $793,192Net Income 2015: $275,7452015Revenue 2016: $949,628Expenses 2016: $640,506Net Income 2016: $309,1222016Revenue 2017: $930,747Expenses 2017: $561,380Net Income 2017: $369,3672017Revenue 2018: $2,348,154Expenses 2018: $974,572Net Income 2018: $1,373,5822018Revenue 2019: $1,918,432Expenses 2019: $1,101,886Net Income 2019: $816,5462019Revenue 2020: $2,620,723Expenses 2020: $1,202,896Net Income 2020: $1,417,8272020Revenue 2021: $4,927,812Expenses 2021: $1,197,293Net Income 2021: $3,730,5192021Revenue 2022: $4,426,696Expenses 2022: $1,626,111Net Income 2022: $2,800,5852022Revenue 2023: $15,008,266Expenses 2023: $3,695,156Net Income 2023: $11,313,1102023Revenue 2024: $14,122,017Expenses 2024: $6,353,498Net Income 2024: $7,768,5192024

Highlighted filing

2021

Revenue$4,927,812
Expenses$1,197,293
Net Income$3,730,519
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 11, 2022
Return Version
2020v4.0
Gross Receipts
$6,053,295
Mission and Program Overview

Mission

Financial support for tarleton state university and scholarships for students attending the university

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$23,001,203$31,211,273▲ $8,210,070
Pledges and Grants Receivable$1,600$366,050▲ $364,450
Cash and Non-Interest-Bearing Accounts$114,299$199,177▲ $84,878
Savings and Temporary Cash Investments$1,133,329$196,307▼ $937,022
Other Notes and Loans Receivable, Net$6,535$5,237▼ $1,298
Total Assets$24,256,966$32,307,359▲ $8,050,393
Other Assets Total-$329,315-
Liabilities
Accounts Payable and Accrued Expenses$4,135$379,435▲ $375,300
Other Liabilities$294,544$266,512▼ $28,032
Total Liabilities$298,679$645,947▲ $347,268
Net Assets / Fund Balance
Net Assets With Donor Restrictions$20,423,245$27,848,108▲ $7,424,863
Net Assets Without Donor Restrictions$3,535,042$3,813,304▲ $278,262
Total Net Assets Fund Balance$23,958,287$31,661,412▲ $7,703,125
Total Liabilities and Net Assets / Fund Balance$24,256,966$32,307,359▲ $8,050,393

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$22,657,069$2,626,274▲ $4,992,357-$29,815,438
2019$20,277,078$1,365,869▲ $1,837,587-$22,657,069
2018$19,483,007$1,151,587▲ $337,314-$20,277,078
2017$18,587,629$218,201▲ $1,445,299-$19,483,007
2016$16,933,755$139,379▲ $2,015,444-$18,587,629
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Rocky HardinPresident
Beth LewellenDirector
Bryan BierschwaleDirector
Dr Alfi PinoDirector
Dr Stan CarpenterDirector
Dr Ted PettijohnDirector
Kris BurroughsDirector
Lorilei ButlerDirector
Mark MckenzieDirector
Terry MillerDirector
Hadley WoernerSecretary/tr
Mike KornegayVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,675,358
Program Service Revenue
$0
Investment Income
$1,244,812
Other Revenue
$7,642
All Other Contributions
$3,675,358
Change in Net Assets
$3,730,519

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 AmountValuation Method
Securities Publicly Traded1$99,500Market Value
Total Noncash Contributions1$99,500-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,927,812
Revenue Not Reported on Form 990
$4,214,983
Total Revenue per Audited Statements
$9,142,795
Total Revenue per Form 990
$4,927,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$899,485
Other Expenses$195,971
Salaries, Compensation, and Employee Benefits$101,837
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$899,485--$899,485
Other Salaries and Wages-$93,727-$93,727
Fees for Service Investment Mgmnt Fees-$73,748-$73,748
Fees for Services Lobbying-$61,000-$61,000
Fees for Services Accounting-$19,151-$19,151
Payroll Taxes-$8,110-$8,110
Occupancy-$8,060-$8,060
Office Expenses-$4,336-$4,336
Insurance-$1,114-$1,114
Other Expenses-$860-$860
Fees for Services Other-$260-$260
Travel-$38-$38
All Other Expenses-$-1,217-$-1,217
Total Functional Expenses$899,485$297,808$0$1,197,293

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,439,670
Expenses per Audited Statements$1,197,293
Total Expenses per Form 990$1,197,293
Expenses Not Reported on Form 990$242,377
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tarleton State UniversityStephenville, TXGovDepartment Support$335,530
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Annuity Payable$266,512
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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

“Form 990 is presented to a committee of the board of directors for review prior to filing the return each year.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and tax returns are available at the office of the foundation upon request by donor or other interested parties.”

Filing and Contact Details

Filer

Filer Name
Tarleton State University
EIN
75-2331886
Phone
2549689421
Address
BOX T-0950, STEPHENVILLE, TX 76402

Signing Officer

Name
Rocky Hardin
Title
President
Phone
2549689421
Signed
2022-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rocky Hardin
Formed
1978
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
25

Preparer

Firm
George Morgan & Sneed Pc
Address
1849 WALL STREET, WEATHERFORD, TX 76086-6298
Preparer
Daniel G Hungerford CPA
Phone
8175942704
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteer oard members and ex officio members assist with promotion of tarleton state university and encourgae scholarship assistance to students”

Form 990, Part XI, Line 9

“Internal admin fees offset by expenses 242,377 internal admin fees offset by admin revenue -242,377”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The endowment funds provide tuition scholarships to students of tarleton state university and support to departments of tarleton state university.”

Schedule D, Page 4, Part XI, Line 2D

“Internal admin fees offset by expenses 242,377”

Schedule D, Page 4, Part XII, Line 2D

“Internal admin fees offset by admin revenue 242,377”

Raw XML AppendixShowing 400 of 496 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/OfficeExpensesGrp/ManagementAndGeneralAmt04336
IRS990/OfficeExpensesGrp/TotalAmt04336
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0329315
IRS990/OtherExpensesGrp/Desc0CHARITABLE ANNUNITY EXP
IRS990/OtherExpensesGrp/Desc1FOUNDATION ENHANCEMENT
IRS990/OtherExpensesGrp/Desc2SOFTWARE EXPENSE
IRS990/OtherExpensesGrp/Desc3BOARD MEETING EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017225
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24096
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3860
IRS990/OtherExpensesGrp/TotalAmt017225
IRS990/OtherExpensesGrp/TotalAmt17300
IRS990/OtherExpensesGrp/TotalAmt24096
IRS990/OtherExpensesGrp/TotalAmt3860
IRS990/OtherLiabilitiesGrp/BOYAmt0294544
IRS990/OtherLiabilitiesGrp/EOYAmt0266512
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt07642
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07642
IRS990/OtherRevenueTotalAmt07642
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093727
IRS990/OtherSalariesAndWagesGrp/TotalAmt093727
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06535
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05237
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08110
IRS990/PayrollTaxesGrp/TotalAmt08110
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0366050
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROCKY HARDIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT FOR VARIOUS DEPARTMENTS AND PROGRAMS OF TARLETON STATE UNIVERSITY
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0335530
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0335530
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01514552
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0963027
IRS990/PYInvestmentIncomeAmt01099244
IRS990/PYOtherExpensesAmt0154644
IRS990/PYOtherRevenueAmt06927
IRS990/PYRevenuesLessExpensesAmt01417827
IRS990/PYSalariesCompEmpBnftPaidAmt085225
IRS990/PYTotalExpensesAmt01202896
IRS990/PYTotalRevenueAmt02620723
IRS990/ReconcilationRevenueExpnssAmt03730519
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01133329
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0196307
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 19,465
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt12019 - DURING THE 8/31/2020 FISCAL YEAR THE INTEREST AND DIVIDNEDS EARNED ON THE ORGANIZATION'S ENDOWMENT INVESTMENTS TOTALED 480,420. THE ORGANIZATION'S ENDOWMENT FUNDS WERE CONTRIBUTED BY THE GENERAL PUBLIC. ALL INVESTMENT INCOME OF THE ENDOWMENT IS USED TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, LINE 17B
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03675358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01514552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01310023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0647953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0258956
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07406842
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0381712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0516608
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0450463
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0375332
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0302543
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02026658
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07642
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06927
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06388
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027107
IRS990ScheduleA/PublicSupportCY170Pct00.59640
IRS990ScheduleA/PublicSupportPY170Pct00.32150
IRS990ScheduleA/PublicSupportTotal170Amt05648056
IRS990ScheduleA/SubstantialContributorsTotAmt01758786
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03675358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01514552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01310023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0647953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0258956
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07406842
IRS990ScheduleA/TotalSupportAmt09469866
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt09259
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt09259
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.11220
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0242638
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt022657069
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02626274
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt029815438
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0217624
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04992357
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0235466
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt020277078
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01365869
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt022657069
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0587999
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01837587
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0106649
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt019483007
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01151587
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt020277078
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0588181
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0337314
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0190317
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt018587629
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0218201
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt019483007
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0577805
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01445299
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0170353
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt016933755
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0139379
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt018587629
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0330596
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02015444
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0242377
IRS990ScheduleD/ExpensesSubtotalAmt01197293
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03972606
IRS990ScheduleD/OtherExpensesIncludedAmt0242377
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0266512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM ANNUITY PAYABLE
IRS990ScheduleD/OtherRevenueAmt0242377
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.59760
IRS990ScheduleD/RevenueNotReportedAmt04214983
IRS990ScheduleD/RevenueSubtotalAmt04927812
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS PROVIDE TUITION SCHOLARSHIPS TO STUDENTS OF TARLETON STATE UNIVERSITY AND SUPPORT TO DEPARTMENTS OF TARLETON STATE UNIVERSITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTERNAL ADMIN FEES OFFSET BY EXPENSES 242,377
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTERNAL ADMIN FEES OFFSET BY ADMIN REVENUE 242,377
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.29020
IRS990ScheduleD/TotalExpensesPerForm990Amt01197293
IRS990ScheduleD/TotalLiabilityAmt0266512
IRS990ScheduleD/TotalRevenuePerForm990Amt04927812
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09142795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01439670
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0335530
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DEPARTMENT SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TARLETON STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0756001870
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0BOX T-0110
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STEPHENVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076402
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt099500
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$32,307,359
Liabilities
$645,947
Net assets
$31,661,412
Revenue
$4,927,812
Expenses
$1,197,293
Net income
$3,730,519
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$60.6$6.16$54.5$14.1$6.35$7.77
2023Detailed filing. Detailed filing data is available for this year.$47.6$6.09$41.6$15.0$3.70$11.3
2022Detailed filing. Detailed filing data is available for this year.$28.8$0.25$28.6$4.43$1.63$2.80
2021Detailed filing. Detailed filing data is available for this year.$32.3$0.65$31.7$4.93$1.20$3.73
2020Detailed filing. Detailed filing data is available for this year.$24.3$0.30$24.0$2.62$1.20$1.42
2019Detailed filing. Detailed filing data is available for this year.$22.0$0.31$21.7$1.92$1.10$0.82
2018Detailed filing. Detailed filing data is available for this year.$21.2$0.33$20.9$2.35$0.97$1.37
2017Detailed filing. Detailed filing data is available for this year.$19.8$0.11$19.7$0.93$0.56$0.37
2016Detailed filing. Detailed filing data is available for this year.$18.0$0.12$17.9$0.95$0.64$0.31
2015Detailed filing. Detailed filing data is available for this year.$17.3$0.10$17.2$1.07$0.79$0.28
2014Detailed filing. Detailed filing data is available for this year.$18.7$0.04$18.7$3.04$0.59$2.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$0.00$16.2$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$0.01$14.7$1.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$0.00$15.5$0.46