Civic Intelligence

Grayson County College Foundation Inc.

990 • Fiscal year 2024 • EIN 75-2436355

Sep 01, 2023 to Aug 31, 2024 • Filed on May 13, 2025

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.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

8th percentile

0.00x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

93rd percentile

66%

Higher net margin than 93% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$325,317

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

45%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$23,731,128

Up $3,454,788 (+17%) from 2023

Net Assets

Up

$23,721,277

Up $3,445,431 (+17%) from 2023

Liabilities

Up

$9,851

Up $9,357 (+1894%) from 2023

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin93rd percentile

Revenue

Up

$2,434,645

Up $752,386 (+45%) from 2023

Expenses

Up

$824,527

Up $197,853 (+32%) from 2023

Net Income

Up

$1,610,118

Up $554,533 (+53%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth78th 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

2024

Assets$23,731,128
Liabilities$9,851
Net Assets$23,721,277
Open 2024 Filing

Operations Trend

Revenue Growth83rd 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

2024

Revenue$2,434,645
Expenses$824,527
Net Income$1,610,118
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$9,279,543
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$18,187,967$21,503,207▲ $3,315,240
Land, Buildings, and Equipment, Net$1,095,856$1,090,418▼ $5,438
Cash and Non-Interest-Bearing Accounts$767,046$910,336▲ $143,290
Other Notes and Loans Receivable, Net$225,471$227,167▲ $1,696
Total Assets$20,276,340$23,731,128▲ $3,454,788
Liabilities
Accounts Payable and Accrued Expenses$494$9,851▲ $9,357
Total Liabilities$494$9,851▲ $9,357
Net Assets / Fund Balance
Net Assets With Donor Restrictions$19,948,734$23,380,214▲ $3,431,480
Net Assets Without Donor Restrictions$327,112$341,063▲ $13,951
Total Net Assets Fund Balance$20,275,846$23,721,277▲ $3,445,431
Total Liabilities and Net Assets / Fund Balance$20,276,340$23,731,128▲ $3,454,788

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$910,000-$910,000
Buildings$180,418$90,102$270,520

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$15,696,120$1,179,034▲ $1,807,824-$18,682,978
2022$14,632,871$526,269▲ $536,980-$15,696,120
2021$18,804,185-▼ $4,171,314-$14,632,871
2020$15,863,602$466,809▲ $2,874,271-$18,804,185
2019$15,019,782$504,616▲ $1,082,643-$15,863,602
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Phil RoetherChairman
Diana WilliamsGolf Committee Chair
Dr Jeremy P McmillenPresident
Randy HopkinsVice Chair
Carolyn KasdorfVice President Business Services
Randy TruxalExecutive Director
Debbie PlylerTrustee Representative
Wade GravesFaculty Representative - Partial
Brittany MeltonMember
Danny OrtizMember
Joann AdairMember
Laura MccoyMember
Lyn JostesMember
Melvin DunlapMember
Amber LesterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,552,259
Program Service Revenue
$0
Investment Income
$915,967
Other Revenue
$-33,581
All Other Contributions
$1,448,715
Change in Net Assets
$1,610,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$589,080
Other Expenses$235,447
Total Fundraising Expense$52,218
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$589,080--$589,080
Fees for Service Investment Mgmnt Fees-$129,837-$129,837
Other Expenses$34,253$13,701$52,218$100,172
Depreciation Depletion-$5,438-$5,438
Total Functional Expenses$623,333$148,976$52,218$824,527
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,621
Fundraising Gross Income$40
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Miller Barber Viking Challenge$32,645$32$6,349$-6,317
Designer Bag Bingo$70,939$8$6,705$-6,697
Total Events$103,584$40$33,621$-33,581
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
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, Section A, Line 8B

“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, Section B, Line 11B

“The foundation's treasurer and the board review and approve the form 990 prior to filing with the irs.”

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

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

Form 990, Part VI, Section C, Line 18

“Form 1023 and form 990 are available upon request.”

Form 990, Part VI, Section C, Line 19

“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
Carolyn Kasdorf
Title
Vice President Business Services
Phone
9034656030
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Kasdorf
Formed
1991
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
11
Employees
0
Volunteers
46

Preparer

Firm
Whitley Penn Llp
Address
640 TAYLOR STREET SUITE 2200, FT WORTH, TX 76102
Preparer
Emily Landry
Phone
8172599100
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

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

Raw XML AppendixShowing 400 of 573 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/MissionDesc0THE FOUNDATION'S MISSION IS "FULFILLING DONOR WISHES FOR THE STUDENT SUCCESS." IT SERVES GRAYSON COLLEGE THROUGH THE DEVELOPMENT OF PUBLIC UNDERSTANDING AND PHILANTHROPIC SUPPORT. THE FOUNDATION ENCOURAGES MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN THE COLLEGE AND ITS VARIOUS CONSTITUENCIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020275846
IRS990/NetAssetsOrFundBalancesEOYAmt023721277
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0200175
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0200175
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-33581
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-33581
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01835313
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0327112
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0341063
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SERVICES AND SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt052218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013701
IRS990/OtherExpensesGrp/ProgramServicesAmt034253
IRS990/OtherExpensesGrp/TotalAmt0100172
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0225471
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0227167
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CAROLYN KASDORF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0RESOURCES PROVIDED FOR VARIOUS PROGRAMS AT THE COLLEGE, INCLUDING ASSISTANCE WITH FACILITY IMPROVEMENTS AND EQUIPMENT ACQUISITIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt034253
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0762285
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0448613
IRS990/PYInvestmentIncomeAmt0850819
IRS990/PYOtherExpensesAmt0178061
IRS990/PYOtherRevenueAmt069155
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01055585
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0626674
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01682259
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01610118
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01552259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0762285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01724225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0466809
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0521116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05026694
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0715792
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0575435
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0883831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0550366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0324770
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03050194
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt083546
IRS990ScheduleA/OtherIncome170Grp/TotalAmt083546
IRS990ScheduleA/PublicSupportCY170Pct00.61600
IRS990ScheduleA/PublicSupportPY170Pct00.59770
IRS990ScheduleA/PublicSupportTotal170Amt05026694
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01552259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0762285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01724225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0466809
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0521116
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05026694
IRS990ScheduleA/TotalSupportAmt08160434
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/BuildingsGrp/BookValueAmt0180418
IRS990ScheduleD/BuildingsGrp/DepreciationAmt090102
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0270520
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt015696120
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01179034
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt018682978
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01807824
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014632871
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0526269
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015696120
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0536980
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt018804185
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt014632871
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4171314
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt065908
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt015863602
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0466809
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt018804185
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0334589
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02874271
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0177642
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt015019782
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0504616
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt015863602
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0565797
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01082643
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0910000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0910000
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.75000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE UTILIZED TO PAY SCHOLARSHIPS TO STUDENTS ATTENDING GRAYSON COLLEGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.25000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01090418
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt01100
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01100
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0103544
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt032613
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt070931
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033621
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MILLER BARBER VIKING CHALLENGE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DESIGNER BAG BINGO
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0400
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt05554
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05954
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt032645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt070939
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0103584
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-33581
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt08745
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt08745
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013054
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06349
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06705
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04768
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04768
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0589080
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO ATTEND GRAYSON COLLEGE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0510
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION REVIEWS APPLICATIONS FOR SCHOLARSHIPS AND AWARDS SCHOLARSHIPS BASED UPON THE NEEDS AND MERITS OF THE STUDENTS. SCHOLARSHIP AWARDS ARE PAID BY THE FOUNDATION DIRECTLY TO GRAYSON COLLEGE TO ENSURE AMOUNTS ARE USED FOR INTENDED PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,731,128
Liabilities
$9,851
Net assets
$23,721,277
Revenue
$2,434,645
Expenses
$824,527
Net income
$1,610,118
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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