Civic Intelligence

Amarillo College Foundation Inc.

990 • Fiscal year 2019 • EIN 75-6029084

Sep 01, 2018 to Aug 31, 2019 • Filed on Feb 11, 2020

Organization ProfileNONE
PO Box 447Amarillo, TX 79178

(806) 371-5007

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

7th percentile

0.02x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

57th percentile

$279,512

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

30th percentile

-0.2%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-61%

Faster revenue growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets5th percentile

Assets

Down

$42,524,565

Down $83,556 (-0.2%) from 2018

Net Assets

Down

$42,477,472

Down $12,625 (-0.0%) from 2018

Liabilities

Down

$47,093

Down $70,931 (-60%) from 2018

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin76th percentile

Revenue

Down

$2,830,989

Down $4,361,941 (-61%) from 2018

Expenses

Up

$2,361,271

Up $142,937 (+6.4%) from 2018

Net Income

Down

$469,718

Down $4,504,878 (-91%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$100M$50M$0Assets 2011: $28,822,453Liabilities 2011: $14,084Net Assets 2011: $28,808,3692011Assets 2012: $30,145,216Liabilities 2012: $10,160Net Assets 2012: $30,135,0562012Assets 2013: $33,234,230Liabilities 2013: $10,389Net Assets 2013: $33,223,8412013Assets 2014: $37,404,416Liabilities 2014: $12,643Net Assets 2014: $37,391,7732014Assets 2015: $35,207,127Liabilities 2015: $24,245Net Assets 2015: $35,182,8822015Assets 2016: $36,017,057Liabilities 2016: $214,563Net Assets 2016: $35,802,4942016Assets 2017: $40,503,108Liabilities 2017: $56,160Net Assets 2017: $40,446,9482017Assets 2018: $42,608,121Liabilities 2018: $118,024Net Assets 2018: $42,490,0972018Assets 2019: $42,524,565Liabilities 2019: $47,093Net Assets 2019: $42,477,4722019Assets 2020: $48,733,904Liabilities 2020: $86,153Net Assets 2020: $48,647,7512020Assets 2021: $75,165,008Liabilities 2021: $110,636Net Assets 2021: $75,054,3722021Assets 2022: $65,720,655Liabilities 2022: $57,880Net Assets 2022: $65,662,7752022Assets 2023: $80,147,664Liabilities 2023: $395,198Net Assets 2023: $79,752,4662023Assets 2024: $91,183,526Liabilities 2024: $122,037Net Assets 2024: $91,061,4892024

Highlighted filing

2019

Assets$42,524,565
Liabilities$47,093
Net Assets$42,477,472
Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,158,9962011Expenses 2012: $1,087,4632012Expenses 2013: $2,023,8132013Revenue 2014: $2,931,241Expenses 2014: $1,687,625Net Income 2014: $1,243,6162014Revenue 2015: $4,463,629Expenses 2015: $3,785,339Net Income 2015: $678,2902015Revenue 2016: $2,824,466Expenses 2016: $3,591,491Net Income 2016: -$767,0252016Revenue 2017: $3,675,737Expenses 2017: $2,106,476Net Income 2017: $1,569,2612017Revenue 2018: $7,192,930Expenses 2018: $2,218,334Net Income 2018: $4,974,5962018Revenue 2019: $2,830,989Expenses 2019: $2,361,271Net Income 2019: $469,7182019Revenue 2020: $2,918,881Expenses 2020: $2,384,179Net Income 2020: $534,7022020Revenue 2021: $18,796,442Expenses 2021: $2,434,445Net Income 2021: $16,361,9972021Revenue 2022: $3,740,660Expenses 2022: $3,231,337Net Income 2022: $509,3232022Revenue 2023: $12,503,294Expenses 2023: $3,932,203Net Income 2023: $8,571,0912023Revenue 2024: $8,950,397Expenses 2024: $4,220,126Net Income 2024: $4,730,2712024

Highlighted filing

2019

Revenue$2,830,989
Expenses$2,361,271
Net Income$469,718
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Feb 11, 2020
Return Version
2018v3.2
Gross Receipts
$11,689,573
Mission and Program Overview

Mission

The amarillo college foundation is a non-profit and tax-exempt foundation which seeks to promote excellence at amarillo college.

The amarillo college foundation is a non-profit and tax-exempt foundation which seeks to promote excellence at amarillo college. The organization was organized to obtain gifts and grants to be used for the development of amarillo college. The organization awards scholarships and makes loans to students at amarillo college who are without banking or other credit privileges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$27,664,841$33,800,494▲ $6,135,653
Investments Other Securities$7,878,004$7,774,687▼ $103,317
Savings and Temporary Cash Investments$6,359,766$198,464▼ $6,161,302
Cash and Non-Interest-Bearing Accounts$5,486$63,130▲ $57,644
Land, Buildings, and Equipment, Net$8,362$6,659▼ $1,703
Accounts Receivable$8,813$5,782▼ $3,031
Total Assets$42,608,121$42,524,565▼ $83,556
Other Assets Total$682,849$675,349▼ $7,500
Liabilities
Accounts Payable and Accrued Expenses$82,480$25,195▼ $57,285
Other Liabilities$35,544$21,898▼ $13,646
Total Liabilities$118,024$47,093▼ $70,931
Net Assets / Fund Balance
Permanently Rstr Net Assets$19,837,827$20,420,259▲ $582,432
Temporarily Rstr Net Assets$20,117,370$19,582,316▼ $535,054
Unrestricted Net Assets$2,534,900$2,474,897▼ $60,003
Total Net Assets Fund Balance$42,490,097$42,477,472▼ $12,625
Total Liabilities and Net Assets / Fund Balance$42,608,121$42,524,565▼ $83,556

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,659$137,020$143,679
Other Securities$1,298,642--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$31,324,424$642,035▲ $233,471$981,571$31,218,359
2017$29,859,397$233,250▲ $2,386,496$1,154,719$31,324,424
2016$27,252,694$273,957▲ $3,391,618$1,058,872$29,859,397
2015$26,679,700$187,886▲ $1,372,592$987,484$27,252,694
2014$28,440,806$235,385▼ $750,552$1,245,939$26,679,700
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Dr Russell Lowery-hartDir./ac Pres-$279,512$279,512
Mark WhiteDir/ac Evp/g-$209,644$209,644
Dan Ferguson PhdDirector/fac-$96,569$96,569
Kathy DowdyCo-executivePT$75,952$75,952
Tracy DoughertyCo-executivePT$66,965$66,965

Board Members and Trustees

NameTitle
Trevor CavinessChairman
Dr Russell Lowery-hartDir./ac President
Dusty BarrickVice Chairma
Alfonso ZambranoDirector
Chris JensenDirector
Emily HallDirector
Greg GrahamDirector
James AustinDirector
John McelyeaDirector
Katie OppligerDirector
Kyle LewisDirector
Laresa ChesleyDirector
Lorraine WilhelmDirector
Nicki CrumpDirector
Stuart WestDirector
Tiffany MartinDirector
Wendi SwopeDirector
Wes ReevesDirector
Whitt HolderDirector
Daniel HenkeDir./ac Boar
David Woodburn DdsDir./ac Boar
Jay BarrettDir./ac Boar
Mark WhiteDir/ac Evp/g.counsel
Jason VelkySecretary
Chris SharpTreasurer
Steve SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,792,865
Program Service Revenue
$0
Investment Income
$916,454
Other Revenue
$121,670
All Other Contributions
$1,792,865
Change in Net Assets
$469,718

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 Traded3$79,112Fair Market Value (FMV) Date of Gift
Total Noncash Contributions3$79,112-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,671,720
Revenue Not Reported on Financial Statements
$159,269
Revenue Not Reported on Form 990
$-414,399
Total Revenue per Audited Statements
$2,257,321
Total Revenue per Form 990
$2,830,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,860,450
Other Expenses$500,821
Total Fundraising Expense$132,265
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,502,872--$1,502,872
Grants to Domestic Orgs$357,578--$357,578
Fees for Services Management$139,911$58,690$90,305$288,906
Fees for Service Investment Mgmnt Fees-$159,269-$159,269
Other Expenses-$8,983$41,960$8,983
Depreciation Depletion-$1,703-$1,703
Total Functional Expenses$2,000,361$228,645$132,265$2,361,271

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,361,271
Total Expenses per Audited Statements$2,269,946
Expenses per Audited Statements$2,202,002
Expenses Not Reported on Financial Statements$159,269
Expenses Not Reported on Form 990$67,944
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Amarillo Junior College DistrictAmarillo, TXGovCollege Education$346,647
Baptist Community ServicesAmarillo, TX501c3Educational Programs$10,931
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,117
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lite Scholarshi$8,269$8,269-$8,269
Theater Arts$6,888$6,888-$6,888
Total Events$15,157$15,157-$15,157
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Amarillo College$21,898
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 7A

“The board of directors of this organization is composed of no more than 27 directors including three members of the amarillo college board of regents, the president and the dean of finance and administrative services of amarillo college and other selected members of this organization who are not directly affiliated with amarillo college.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 for this company was prepared by an outside cpa firm, and reviewed by audit committee prior to signing.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy was distributed to each board of directors and was asked to complete and return to the organization to be reviewed and kept on file.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents and conflict of interest policy is available to the public upon request. The organization's financial statements are available to the public through the form 990.”

Filing and Contact Details

Filer

Filer Name
The Amarillo College Foundation
EIN
75-6029084
Phone
8063715007
Address
PO BOX 447, AMARILLO, TX 79178

Signing Officer

Name
Chris Sharp
Title
Treasurer
Phone
8063715007
Signed
2020-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Sharp
Formed
1962
Legal Domicile
TX
Voting Board Members
26
Independent Board Members
22
Employees
0

Preparer

Firm
Connor Mcmillon Mitchell & Shennum Pllc
Address
801 S FILLMORE ST STE 600, AMARILLO, TX 79101
Preparer
Gary D Mitchell
Phone
8063736661
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The organization's endowment funds require that the principal be maintained permanently and the income from which is generally restricted to provide financial support to amarillo college.”

Raw XML AppendixShowing 400 of 717 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/BOYAmt082480
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025195
IRS990/AccountsReceivableGrp/BOYAmt08813
IRS990/AccountsReceivableGrp/EOYAmt05782
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE AMARILLO COLLEGE FOUNDATION IS A NON-PROFIT AND TAX-EXEMPT FOUNDATION WHICH SEEKS TO PROMOTE EXCELLENCE AT AMARILLO COLLEGE. THE ORGANIZATION WAS ORGANIZED TO OBTAIN GIFTS AND GRANTS TO BE USED FOR THE DEVELOPMENT OF AMARILLO COLLEGE. THE ORGANIZATION AWARDS SCHOLARSHIPS AND MAKES LOANS TO STUDENTS AT AMARILLO COLLEGE WHO ARE WITHOUT BANKING OR OTHER CREDIT PRIVILEGES.
IRS990/AllOtherContributionsAmt01792865
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0TIFFANI CROSLEY
IRS990/BooksInCareOfDetail/PhoneNum08063715007
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 447
IRS990/BooksInCareOfDetail/USAddress/CityNm0AMARILLO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079178
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05486
IRS990/CashNonInterestBearingGrp/EOYAmt063130
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01792865
IRS990/CYGrantsAndSimilarPaidAmt01860450
IRS990/CYInvestmentIncomeAmt0916454
IRS990/CYOtherExpensesAmt0500821
IRS990/CYOtherRevenueAmt0121670
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0469718
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02361271
IRS990/CYTotalFundraisingExpenseAmt0132265
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02830989
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01703
IRS990/DepreciationDepletionGrp/TotalAmt01703
IRS990/Desc0THE PAYMENT OF STUDENT TUITION, FEES, BOOKS OR OTHER INSTITUTIONAL SUPPORT OF AMARILLO COLLEGE. 1,242 STUDENTS RECEIVED SCHOLARSHIPS OR AID MONEY. ONE GRANT WAS AWARDED TO NONPROFIT ENTITY. THERE IS NO SIGNIFICANT INVOLVEMENT IN ANY GRANT PROGRAMS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02000361
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/FundraisingAmt090305
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt058690
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0139911
IRS990/FeesForServicesManagementGrp/TotalAmt0288906
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0159269
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0159269
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
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/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt260.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt261.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2730.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2830.00
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/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt051412
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt136900
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt232649
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt329747
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/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2720621
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2815779
IRS990/Form990PartVIISectionAGrp/PersonNm0DR RUSSELL LOWERY-HART
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN FERGUSON PHD
IRS990/Form990PartVIISectionAGrp/PersonNm4TREVOR CAVINESS
IRS990/Form990PartVIISectionAGrp/PersonNm5DUSTY BARRICK
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON VELKY
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES AUSTIN
IRS990/Form990PartVIISectionAGrp/PersonNm8LARESA CHESLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9NICKI CRUMP
IRS990/Form990PartVIISectionAGrp/PersonNm10GREG GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm11EMILY HALL
IRS990/Form990PartVIISectionAGrp/PersonNm12WHITT HOLDER
IRS990/Form990PartVIISectionAGrp/PersonNm13CHRIS JENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm14KYLE LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm15TIFFANY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN MCELYEA
IRS990/Form990PartVIISectionAGrp/PersonNm17KATIE OPPLIGER
IRS990/Form990PartVIISectionAGrp/PersonNm18WES REEVES
IRS990/Form990PartVIISectionAGrp/PersonNm19WENDI SWOPE
IRS990/Form990PartVIISectionAGrp/PersonNm20STUART WEST
IRS990/Form990PartVIISectionAGrp/PersonNm21LORRAINE WILHELM
IRS990/Form990PartVIISectionAGrp/PersonNm22ALFONSO ZAMBRANO
IRS990/Form990PartVIISectionAGrp/PersonNm23JAY BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm24DANIEL HENKE
IRS990/Form990PartVIISectionAGrp/PersonNm25DAVID WOODBURN DDS
IRS990/Form990PartVIISectionAGrp/PersonNm26CHRIS SHARP
IRS990/Form990PartVIISectionAGrp/PersonNm27KATHY DOWDY
IRS990/Form990PartVIISectionAGrp/PersonNm28TRACY DOUGHERTY
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/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0228100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1172744
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2147670
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt366822
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/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2755331
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2851186
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIR./AC PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR/AC EVP/G
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/FAC
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIR./AC BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIR./AC BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIR./AC BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27CO-EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt28CO-EXECUTIVE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingGrossIncomeAmt020117
IRS990/GainOrLossGrp/SecuritiesAmt0287910
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantAmt01860450
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01502872
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01502872
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0357578
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0357578
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09146494
IRS990/GrossReceiptsAmt011689573
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt022
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0628544
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0628544
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07878004
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07774687
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027664841
IRS990/InvestmentsPubTradedSecGrp/EOYAmt033800494
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0137020
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08362
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06659
IRS990/LandBldgEquipCostOrOtherBssAmt0143679
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08858584
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE AMARILLO COLLEGE FOUNDATION IS A NON-PROFIT AND TAX-EXEMPT FOUNDATION WHICH SEEKS TO PROMOTE EXCELLENCE AT AMARILLO COLLEGE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt042490097
IRS990/NetAssetsOrFundBalancesEOYAmt042477472
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0287910
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0287910
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt020117
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt020117
IRS990/NetUnrlzdGainsLossesInvstAmt0-482343
IRS990/NoncashContributionsAmt079112
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0682849
IRS990/OtherAssetsTotalGrp/EOYAmt0675349
IRS990/OtherExpensesGrp/Desc0MISC FUND-RAISING EXPENSE
IRS990/OtherExpensesGrp/Desc1OIL & GAS PROP. EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt041960
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08983
IRS990/OtherExpensesGrp/TotalAmt041960
IRS990/OtherExpensesGrp/TotalAmt18983
IRS990/OtherLiabilitiesGrp/BOYAmt035544
IRS990/OtherLiabilitiesGrp/EOYAmt021898
IRS990/OtherRevenueMiscGrp/BusinessCd0211110
IRS990/OtherRevenueMiscGrp/Desc0OIL & GAS WORKING INTEREST
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023305
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt023305
IRS990/OtherRevenueTotalAmt023305
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt019837827
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt020420259
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHRIS SHARP
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0939787
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01741654
IRS990/PYInvestmentIncomeAmt06126387
IRS990/PYOtherExpensesAmt0476680
IRS990/PYOtherRevenueAmt0126756

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$42,524,565
Liabilities
$47,093
Net assets
$42,477,472
Revenue
$2,830,989
Expenses
$2,361,271
Net income
$469,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.2$0.12$91.1$8.95$4.22$4.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.1$0.40$79.8$12.5$3.93$8.57
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.7$0.06$65.7$3.74$3.23$0.51
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.2$0.11$75.1$18.8$2.43$16.4
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.7$0.09$48.6$2.92$2.38$0.53
2019Detailed filing. Detailed filing data is available for this year.$42.5$0.05$42.5$2.83$2.36$0.47
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.6$0.12$42.5$7.19$2.22$4.97
2017Summary only. Only limited summary data is available for this year.$40.5$0.06$40.4$3.68$2.11$1.57
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.0$0.21$35.8$2.82$3.59$0.77
2015Detailed filing. Detailed filing data is available for this year.$35.2$0.02$35.2$4.46$3.79$0.68
2014Detailed filing. Detailed filing data is available for this year.$37.4$0.01$37.4$2.93$1.69$1.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.2$0.01$33.2$2.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.1$0.01$30.1$1.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$0.01$28.8$1.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $25M-$50M nonprofits