Civic Intelligence

Amarillo College Foundation Inc.

990 • Fiscal year 2016 • EIN 75-6029084

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 10, 2017

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

8th percentile

0.01x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

16th percentile

0.08x

Higher debt load relative to revenue than 16% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

9th percentile

-27%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$239,491

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

50th percentile

2.3%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$36,017,057

Up $809,930 (+2.3%) from 2015

Net Assets

Up

$35,802,494

Up $619,612 (+1.8%) from 2015

Liabilities

Up

$214,563

Up $190,318 (+785%) from 2015

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin9th percentile

Revenue

Down

$2,824,466

Down $1,639,163 (-37%) from 2015

Expenses

Down

$3,591,491

Down $193,848 (-5.1%) from 2015

Net Income

Down

-$767,025

Down $1,445,315 (-213%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth50th 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

2016

Assets$36,017,057
Liabilities$214,563
Net Assets$35,802,494
Open 2016 Filing

Operations Trend

Revenue Growth8th 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

2016

Revenue$2,824,466
Expenses$3,591,491
Net Income-$767,025
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 10, 2017
Return Version
2015v3.0
Gross Receipts
$13,803,108
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$28,046,268$28,686,050▲ $639,782
Investments Other Securities$6,082,768$6,418,957▲ $336,189
Savings and Temporary Cash Investments$155,124$108,526▼ $46,598
Cash and Non-Interest-Bearing Accounts$80,843$27,693▼ $53,150
Land, Buildings, and Equipment, Net$47,786$17,605▼ $30,181
Accounts Receivable$14,368--
Total Assets$35,207,127$36,017,057▲ $809,930
Other Assets Total$779,970$758,226▼ $21,744
Liabilities
Other Liabilities$22,913$141,040▲ $118,127
Accounts Payable and Accrued Expenses$1,332$73,523▲ $72,191
Total Liabilities$24,245$214,563▲ $190,318
Net Assets / Fund Balance
Permanently Rstr Net Assets$19,089,202$19,290,688▲ $201,486
Temporarily Rstr Net Assets$13,653,480$14,166,867▲ $513,387
Unrestricted Net Assets$2,440,200$2,344,939▼ $95,261
Total Net Assets Fund Balance$35,182,882$35,802,494▲ $619,612
Total Liabilities and Net Assets / Fund Balance$35,207,127$36,017,057▲ $809,930

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,605$117,572$135,177
Other Securities$5,594,845--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
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
2013$25,397,877$205,114▲ $3,506,380$668,565$28,440,806
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Terry BergTreasurer-$111,992$111,992
Mark WhiteDirector/ac Executive VP/gen Counsel-$95,660$95,660
Kathy DowdyCo-executive DirectorPT$69,596$69,596
Steve SmithTreasurer-$62,821$62,821
Tracy DoughertyCo-executive DirectorPT$61,349$61,349
Michele AgostiniDirector/faculty Representative-$7,968$7,968
Bruce MoseleyDirector/faculty Representative-$5,976$5,976

Board Members and Trustees

NameTitle
Paul ClarkChairman
Dr Russell Lowery-hartDirector/amarillo College President
Trevor CavinessVice Chairman
Ben WhittenburgDirector
Beth MarshDirector
Betsy KelleyDirector
Derek Davis DdsDirector
Dusty BarrickDirector
Greg JordanDirector
Jason EarthmanDirector
Jim MarcumDirector
Kyle LewisDirector
Kyle Sparkman DdsDirector
Laresa ChesleyDirector
Lorraine WilhelmDirector
Mike HarrisDirector
Stuart WestDirector
Tiffany MartinDirector
Wes ReevesDirector
Daniel HenkeDirector/ac Board of Regents
David Woodburn DdsDirector/ac Board of Regents
Jay BarrettDirector/ac Board of Regents
Mark LogsdonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,311,943
Program Service Revenue
$0
Investment Income
$381,449
Other Revenue
$131,074
All Other Contributions
$2,311,943
Change in Net Assets
$-767,025

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,824,466
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,474,550
Total Revenue per Audited Statements
$4,299,016
Total Revenue per Form 990
$2,824,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,135,557
Other Expenses$455,934
Total Fundraising Expense$92,189
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,051,617--$2,051,617
Grants to Domestic Individuals$1,083,940--$1,083,940
Fees for Services Management$117,521$49,300$75,862$242,683
Fees for Service Investment Mgmnt Fees-$146,132-$146,132
Depreciation Depletion-$30,180-$30,180
Other Expenses-$20,612$16,327$16,327
Total Functional Expenses$3,253,078$246,224$92,189$3,591,491

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,679,404
Expenses per Audited Statements$3,591,491
Total Expenses per Form 990$3,591,491
Expenses Not Reported on Form 990$87,913
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Amarillo Junior College DistrictAmarillo, TXState of TexasCollege Education$2,044,756
Baptist Community ServicesAmarillo, TX501(c)(3)Educational Programs$6,861
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,173
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lite Scholarships$10,952$10,952-$10,952
Conservatory Theatre$8,137$8,137-$8,137
Total Events$29,173$29,173-$29,173
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$141,040
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, Part VI, Section A, 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, Part VI, Section B, Line 11

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

Form 990, Part VI, Section B, 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, Part VI, Section C, 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
Steve Smith
Title
Treasurer
Phone
8063715007
Signed
2017-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Smith
Formed
1962
Legal Domicile
TX
Voting Board Members
27
Independent Board Members
23
Employees
0
Volunteers
0

Preparer

Firm
Connor Mcmillon Mitchell & Shennum Pllc
Address
PO BOX 15650, AMARILLO, TX 79105
Preparer
Gary D Mitchell
Phone
8063736661
Supplemental Narrative

Financial Statement Notes

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.”

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
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IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELE AGOSTINI
IRS990/Form990PartVIISectionAGrp/PersonNm5DUSTY BARRICK
IRS990/Form990PartVIISectionAGrp/PersonNm6LARESA CHESLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7DEREK DAVIS DDS
IRS990/Form990PartVIISectionAGrp/PersonNm8JASON EARTHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9MIKE HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm10GREG JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm11BETSY KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm12KYLE LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm13JIM MARCUM
IRS990/Form990PartVIISectionAGrp/PersonNm14BETH MARSH
IRS990/Form990PartVIISectionAGrp/PersonNm15TIFFANY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm16WES REEVES
IRS990/Form990PartVIISectionAGrp/PersonNm17KYLE SPARKMAN DDS
IRS990/Form990PartVIISectionAGrp/PersonNm18STUART WEST
IRS990/Form990PartVIISectionAGrp/PersonNm19BEN WHITTENBURG
IRS990/Form990PartVIISectionAGrp/PersonNm20LORRAINE WILHELM
IRS990/Form990PartVIISectionAGrp/PersonNm21JAY BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm22DANIEL HENKE
IRS990/Form990PartVIISectionAGrp/PersonNm23DAVID WOODBURN DDS
IRS990/Form990PartVIISectionAGrp/PersonNm24DR RUSSELL LOWERY-HART
IRS990/Form990PartVIISectionAGrp/PersonNm25BRUCE MOSELEY
IRS990/Form990PartVIISectionAGrp/PersonNm26MARK WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm27TERRY BERG
IRS990/Form990PartVIISectionAGrp/PersonNm28TRACY DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm29KATHY DOWDY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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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/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt47680
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/ReportableCompFromRltdOrgAmt24196200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt255760
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2680000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2794009
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2846843
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2950636
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR/FACULTY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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/AC BOARD OF REGENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR/AC BOARD OF REGENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR/AC BOARD OF REGENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR/AMARILLO COLLEGE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR/FACULTY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR/AC EXECUTIVE VP/GEN COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt27TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt28CO-EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29CO-EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt029173
IRS990/GainOrLossGrp/SecuritiesAmt0-661502
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt03135557
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01083940
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01083940
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02051617
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02051617
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt010317140
IRS990/GrossReceiptsAmt013803108
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01042951
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06418957
IRS990/InvestmentsPubTradedSecGrp/BOYAmt028046268
IRS990/InvestmentsPubTradedSecGrp/EOYAmt028686050
IRS990/IRPDocumentCnt00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE AMARILLO COLLEGE FOUNDATION IS A NON-PROFIT AND TAX-EXEMPT FOUNDATION WHICH SEEKS TO PROMOTE EXCELLENCE AT AMARILLO COLLEGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt029173
IRS990/NetUnrelatedBusTxblIncmAmt0-13942
IRS990/NetUnrlzdGainsLossesInvstAmt01386637
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0779970
IRS990/OtherAssetsTotalGrp/EOYAmt0758226
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OIL & GAS PROP. EXPENSE
IRS990/OtherExpensesGrp/Desc1MISC FUND-RAISING EXPEN
IRS990/OtherExpensesGrp/FundraisingAmt016327
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020612
IRS990/OtherExpensesGrp/TotalAmt020612
IRS990/OtherExpensesGrp/TotalAmt116327
IRS990/OtherLiabilitiesGrp/BOYAmt022913
IRS990/OtherLiabilitiesGrp/EOYAmt0141040
IRS990/OtherRevenueMiscGrp/BusinessCd0211110
IRS990/OtherRevenueMiscGrp/Desc0OIL & GAS WORKING INTEREST
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt014499
IRS990/OtherRevenueTotalAmt014499
IRS990/PartialLiquidationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,017,057
Liabilities
$214,563
Net assets
$35,802,494
Revenue
$2,824,466
Expenses
$3,591,491
Net income
-$767,025
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
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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
2016Detailed filing. Detailed filing data is available for this year.$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