Civic Intelligence

Grayson County College Foundation Inc.

990 • Fiscal year 2021 • EIN 75-2436355

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 13, 2022

Organization ProfileWWW.GRAYSON.EDU
6101 Grayson Drive Fm 691Denison, TX 75020

(903) 465-6030

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

94th percentile

75%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

66th percentile

17%

Faster asset growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

79th percentile

48%

Faster revenue growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$20,063,592

Up $2,950,220 (+17%) from 2020

Net Assets

Up

$20,055,403

Up $2,958,944 (+17%) from 2020

Liabilities

Down

$8,189

Down $8,724 (-52%) from 2020

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin94th percentile

Revenue

Up

$2,102,072

Up $680,108 (+48%) from 2020

Expenses

Down

$526,491

Down $222,247 (-30%) from 2020

Net Income

Up

$1,575,581

Up $902,355 (+134%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$30M$20M$10M$0Assets 2011: $8,193,197Liabilities 2011: $9,450Net Assets 2011: $8,183,7472011Assets 2012: $9,241,533Liabilities 2012: $3,996Net Assets 2012: $9,237,5372012Assets 2013: $10,485,100Liabilities 2013: $995Net Assets 2013: $10,484,1052013Assets 2014: $11,161,533Liabilities 2014: $566Net Assets 2014: $11,160,9672014Assets 2015: $11,140,088Liabilities 2015: $0Net Assets 2015: $11,140,0882015Assets 2016: $12,280,492Liabilities 2016: $27,826Net Assets 2016: $12,252,6662016Assets 2017: $13,156,294Liabilities 2017: $1,324Net Assets 2017: $13,154,9702017Assets 2018: $14,824,212Liabilities 2018: $4,583Net Assets 2018: $14,819,6292018Assets 2019: $16,120,389Liabilities 2019: $234Net Assets 2019: $16,120,1552019Assets 2020: $17,113,372Liabilities 2020: $16,913Net Assets 2020: $17,096,4592020Assets 2021: $20,063,592Liabilities 2021: $8,189Net Assets 2021: $20,055,4032021Assets 2022: $18,934,161Liabilities 2022: $4,567Net Assets 2022: $18,929,5942022Assets 2023: $20,276,340Liabilities 2023: $494Net Assets 2023: $20,275,8462023Assets 2024: $23,731,128Liabilities 2024: $9,851Net Assets 2024: $23,721,2772024

Highlighted filing

2021

Assets$20,063,592
Liabilities$8,189
Net Assets$20,055,403
Open 2021 Filing

Operations Trend

Revenue Growth79th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $701,208Expenses 2011: $369,464Net Income 2011: $331,7442011Revenue 2012: $1,430,397Expenses 2012: $376,607Net Income 2012: $1,053,7902012Revenue 2013: $1,684,319Expenses 2013: $437,751Net Income 2013: $1,246,5682013Revenue 2014: $1,674,657Expenses 2014: $497,795Net Income 2014: $1,176,8622014Revenue 2015: $571,760Expenses 2015: $592,639Net Income 2015: -$20,8792015Revenue 2016: $1,841,710Expenses 2016: $729,132Net Income 2016: $1,112,5782016Revenue 2017: $1,358,254Expenses 2017: $455,950Net Income 2017: $902,3042017Revenue 2018: $1,050,925Expenses 2018: $621,836Net Income 2018: $429,0892018Revenue 2019: $2,343,794Expenses 2019: $593,133Net Income 2019: $1,750,6612019Revenue 2020: $1,421,964Expenses 2020: $748,738Net Income 2020: $673,2262020Revenue 2021: $2,102,072Expenses 2021: $526,491Net Income 2021: $1,575,5812021Revenue 2022: $3,789,664Expenses 2022: $666,880Net Income 2022: $3,122,7842022Revenue 2023: $1,682,259Expenses 2023: $626,674Net Income 2023: $1,055,5852023Revenue 2024: $2,434,645Expenses 2024: $824,527Net Income 2024: $1,610,1182024

Highlighted filing

2021

Revenue$2,102,072
Expenses$526,491
Net Income$1,575,581
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 13, 2022
Return Version
2020v4.0
Gross Receipts
$7,887,869
Mission and Program Overview

Mission

The foundation serves grayson college through the development of public understanding and philanthopic support. The foundation encourages mutually beneficial relationships between the college and its various constituencies.

Secure resources for grayson college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,338,426$17,828,992▲ $3,490,566
Land, Buildings, and Equipment, Net$1,105,074$1,099,775▼ $5,299
Cash and Non-Interest-Bearing Accounts$1,442,599$913,280▼ $529,319
Other Notes and Loans Receivable, Net$202,121$198,875▼ $3,246
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$17,113,372$20,063,592▲ $2,950,220
Other Assets Total$25,152$22,670▼ $2,482
Liabilities
Accounts Payable and Accrued Expenses$16,913$8,189▼ $8,724
Total Liabilities$16,913$8,189▼ $8,724
Net Assets / Fund Balance
Net Assets With Donor Restrictions$16,773,602$19,714,185▲ $2,940,583
Net Assets Without Donor Restrictions$322,857$341,218▲ $18,361
Total Net Assets Fund Balance$17,096,459$20,055,403▲ $2,958,944
Total Liabilities and Net Assets / Fund Balance$17,113,372$20,063,592▲ $2,950,220

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$910,000-$910,000
Equipment-$192,893$192,893
Buildings$183,775$-119,106$64,669
Land$6,000-$6,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$15,863,602$466,809▲ $2,874,271-$18,804,185
2019$15,019,782$504,616▲ $1,082,643-$15,863,602
2018$14,613,957$665,120▲ $328,539-$15,019,782
2017$13,585,947$610,633▲ $1,029,301-$14,613,957
2016$11,510,309$1,021,176▲ $1,443,648-$13,585,947
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Admiral William RetzChairman
Phil RoetherVice Chairman
Blake UtterDirector
Bridgett RenfroeDirector
Danny OrtizDirector
Dianna WilliamsDirector
George WoodroofDirector
Jerry HolbertDirector
Joann AdairDirector
Melvin DunlapDirector
Mike MorganDirector
Monica PerezDirector
Robert CrawleyDirector
Tracey BullardDirector
Randall TruxalExecutive Director
Cathy EubankSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$466,809
Program Service Revenue
$0
Investment Income
$1,616,209
Other Revenue
$19,054
All Other Contributions
$466,809
Change in Net Assets
$1,575,581
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$334,589
Other Expenses$191,902
Total Fundraising Expense$22,422
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$334,589--$334,589
Fees for Service Investment Mgmnt Fees-$120,695-$120,695
Other Expenses$37,612$3,241$21,064$61,917
Depreciation Depletion$5,299--$5,299
Occupancy$2,424$209$1,358$3,991
Total Functional Expenses$379,924$124,145$22,422$526,491
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,613
Fundraising Direct Expenses$14,397
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Viking Challenge$21,613$21,613$14,397$7,216
Total Events$21,613$21,613$14,397$7,216
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“The foundation's committees review matters and make recommendations to the board of directors but do not have the authority to act on behalf of the board. Consequently, no minutes or other documentation are maintained.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The foundation's treasurer and the board reviews and approves form 990 prior to filing of the return.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Conflict of interest policy compliance is maintained and updated annually by the board of directors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The foundation's governing documents, conflict of interest policy, as well as generalized financial information would be made available upon written request to the foundation.”

Filing and Contact Details

Filer

Filer Name
Grayson College Foundation
EIN
75-2436355
Phone
9034656030
Address
6101 GRAYSON DRIVE FM 691, DENISON, TX 75020

Signing Officer

Name
Randall Truxal
Title
Executive Director
Signed
2022-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randall Truxal
Formed
1991
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
McClanahan and Holmes LLP CPA
Address
304 West Chestnut, Denison, TX 75020
Preparer
Debra Wilder CPA
Phone
9034656070
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The endowment funds are utilized to pay scholarships to students attending grayson college.”

Raw XML AppendixShowing 400 of 540 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016913
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08189
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SECURE RESOURCES FOR GRAYSON COLLEGE.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0466809
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DANIEL HYATT
IRS990/BooksInCareOfDetail/PhoneNum09034656030
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06101 GRAYSON DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DENISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075020
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01442599
IRS990/CashNonInterestBearingGrp/EOYAmt0913280
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0466809
IRS990/CYGrantsAndSimilarPaidAmt0334589
IRS990/CYInvestmentIncomeAmt01616209
IRS990/CYOtherExpensesAmt0191902
IRS990/CYOtherRevenueAmt019054
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01575581
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0526491
IRS990/CYTotalFundraisingExpenseAmt022422
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02102072
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05299
IRS990/DepreciationDepletionGrp/TotalAmt05299
IRS990/Desc0SCHOLARSHIPS AWARDED TO STUDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt016773602
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt019714185
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0334589
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0120695
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0120695
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0JOANN ADAIR
IRS990/Form990PartVIISectionAGrp/PersonNm1MELVIN DUNLAP
IRS990/Form990PartVIISectionAGrp/PersonNm2CATHY EUBANK
IRS990/Form990PartVIISectionAGrp/PersonNm3DIANNA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACEY BULLARD
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT CRAWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6DANNY ORTIZ
IRS990/Form990PartVIISectionAGrp/PersonNm7BLAKE UTTER
IRS990/Form990PartVIISectionAGrp/PersonNm8MIKE MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm9MONICA PEREZ
IRS990/Form990PartVIISectionAGrp/PersonNm10JERRY HOLBERT
IRS990/Form990PartVIISectionAGrp/PersonNm11BRIDGETT RENFROE
IRS990/Form990PartVIISectionAGrp/PersonNm12ADMIRAL WILLIAM RETZ
IRS990/Form990PartVIISectionAGrp/PersonNm13PHIL ROETHER
IRS990/Form990PartVIISectionAGrp/PersonNm14GEORGE WOODROOF
IRS990/Form990PartVIISectionAGrp/PersonNm15RANDALL TRUXAL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt014397
IRS990/FundraisingGrossIncomeAmt021613
IRS990/GainOrLossGrp/SecuritiesAmt01077681
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0334589
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0334589
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06849081
IRS990/GrossReceiptsAmt07887869
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0538528
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0538528
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014338426
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017828992
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt073787
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01105074
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01099775
IRS990/LandBldgEquipCostOrOtherBssAmt01173562
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05771400
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FOUNDATION SERVES GRAYSON COLLEGE THROUGH THE DEVELOPMENT OF PUBLIC UNDERSTANDING AND PHILANTHOPIC SUPPORT. THE FOUNDATION ENCOURAGES MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN THE COLLEGE AND ITS VARIOUS CONSTITUENCIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt017096459
IRS990/NetAssetsOrFundBalancesEOYAmt020055403
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01077681
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01077681
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07216
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01383363
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0322857
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0341218
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01358
IRS990/OccupancyGrp/ManagementAndGeneralAmt0209
IRS990/OccupancyGrp/ProgramServicesAmt02424
IRS990/OccupancyGrp/TotalAmt03991
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025152
IRS990/OtherAssetsTotalGrp/EOYAmt022670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DEPARTMENTAL COSTS
IRS990/OtherExpensesGrp/FundraisingAmt021064
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03241
IRS990/OtherExpensesGrp/ProgramServicesAmt037612
IRS990/OtherExpensesGrp/TotalAmt061917
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0202121
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0198875
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0RANDALL TRUXAL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0RESOURCES PROVIDED FOR VARIOUS PROGRAMS AT THE COLLEGE, INCLUDING ASSISTANCE WITH FACILITY IMPROVEMENTS AND EQUIPMENT ACQUISITIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt045335
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0531116
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0565797
IRS990/PYInvestmentIncomeAmt0886101
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0182941
IRS990/PYOtherRevenueAmt04747
IRS990/PYRevenuesLessExpensesAmt0673226
IRS990/PYTotalExpensesAmt0748738
IRS990/PYTotalRevenueAmt01421964
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01575581
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt011838
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt011838
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0466809
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0521116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0675120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0610633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01057391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03331069
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0550366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0324770
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0375308
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0334294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0151206
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01735944
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.56680
IRS990ScheduleA/PublicSupportPY170Pct00.33630
IRS990ScheduleA/PublicSupportTotal170Amt02871869
IRS990ScheduleA/SubstantialContributorsTotAmt0459200
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0466809
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0521116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0675120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0610633
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01057391
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03331069
IRS990ScheduleA/TotalSupportAmt05067013
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BuildingsGrp/BookValueAmt0183775
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0-119106
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt064669
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt065908
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt015863602
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0466809
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt018804185
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0334589
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02874271
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0177642
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt015019782
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0504616
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015863602

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$20,063,592
Liabilities
$8,189
Net assets
$20,055,403
Revenue
$2,102,072
Expenses
$526,491
Net income
$1,575,581
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.7$0.01$23.7$2.43$0.82$1.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.3$0.00$20.3$1.68$0.63$1.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$0.00$18.9$3.79$0.67$3.12
2021Detailed filing. Detailed filing data is available for this year.$20.1$0.01$20.1$2.10$0.53$1.58
2020Detailed filing. Detailed filing data is available for this year.$17.1$0.02$17.1$1.42$0.75$0.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$0.00$16.1$2.34$0.59$1.75
2018Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$1.05$0.62$0.43
2017Summary only. Only limited summary data is available for this year.$13.2$0.00$13.2$1.36$0.46$0.90
2016Summary only. Only limited summary data is available for this year.$12.3$0.03$12.3$1.84$0.73$1.11
2015Summary only. Only limited summary data is available for this year.$11.1$0.00$11.1$0.57$0.59$0.02
2014Summary only. Only limited summary data is available for this year.$11.2$0.00$11.2$1.67$0.50$1.18
2013Summary only. Only limited summary data is available for this year.$10.5$0.00$10.5$1.68$0.44$1.25
2012Summary only. Only limited summary data is available for this year.$9.24$0.00$9.24$1.43$0.38$1.05
2011Summary only. Only limited summary data is available for this year.$8.19$0.01$8.18$0.70$0.37$0.33
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $10M-$25M nonprofits