Civic Intelligence

Texas Tech Foundation Inc.

990 • Fiscal year 2013 • EIN 75-6043842

Sep 01, 2012 to Aug 31, 2013 • Filed on Jul 09, 2014

PO Box 4110279409
Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

Higher debt load relative to assets than 2% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

57th percentile

7.5%

Faster asset growth than 57% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$479,985,130

Up $33,405,445 (+7.5%) from 2012

Net Assets

Up

$479,016,631

Up $35,076,944 (+7.9%) from 2012

Liabilities

Down

$968,499

Down $1,671,499 (-63%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$38,047,638

Down $32,124,312 (-46%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0B$500M$0Assets 2010: $448,650,727Liabilities 2010: $3,049,045Net Assets 2010: $445,601,6822010Assets 2011: $467,512,578Liabilities 2011: $2,004,170Net Assets 2011: $465,508,4082011Assets 2012: $446,579,685Liabilities 2012: $2,639,998Net Assets 2012: $443,939,6872012Assets 2013: $479,985,130Liabilities 2013: $968,499Net Assets 2013: $479,016,6312013Assets 2014: $553,800,378Liabilities 2014: $553,979Net Assets 2014: $553,246,3992014Assets 2015: $540,875,452Liabilities 2015: $49,194Net Assets 2015: $540,826,2582015Assets 2016: $585,737,113Liabilities 2016: $81,163Net Assets 2016: $585,655,9502016Assets 2017: $647,744,824Liabilities 2017: $211,766Net Assets 2017: $647,533,0582017Assets 2018: $680,901,283Liabilities 2018: $4,142,325Net Assets 2018: $676,758,9582018Assets 2019: $712,971,429Liabilities 2019: $3,823,263Net Assets 2019: $709,148,1662019Assets 2020: $716,384,087Liabilities 2020: $4,446,563Net Assets 2020: $711,937,5242020Assets 2021: $840,921,024Liabilities 2021: $5,287,712Net Assets 2021: $835,633,3122021Assets 2022: $849,587,948Liabilities 2022: $4,223,248Net Assets 2022: $845,364,7002022Assets 2023: $890,446,404Liabilities 2023: $4,801,636Net Assets 2023: $885,644,7682023Assets 2024: $938,095,082Liabilities 2024: $5,106,534Net Assets 2024: $932,988,5482024

Highlighted filing

2013

Assets$479,985,130
Liabilities$968,499
Net Assets$479,016,631

Operations Trend

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

$150M$100M$50M$0-$50M-$100MExpenses 2010: $53,422,9262010Expenses 2011: $53,647,9712011Expenses 2012: $70,171,9502012Expenses 2013: $38,047,6382013Revenue 2014: $88,514,740Expenses 2014: $27,389,405Net Income 2014: $61,125,3352014Revenue 2015: $41,716,489Expenses 2015: $33,246,775Net Income 2015: $8,469,7142015Revenue 2016: $112,911,559Expenses 2016: $61,080,639Net Income 2016: $51,830,9202016Revenue 2017: $115,166,933Expenses 2017: $69,053,856Net Income 2017: $46,113,0772017Revenue 2018: $73,215,529Expenses 2018: $56,787,838Net Income 2018: $16,427,6912018Revenue 2019: $77,596,427Expenses 2019: $65,094,006Net Income 2019: $12,502,4212019Revenue 2020: $81,055,486Expenses 2020: $70,211,724Net Income 2020: $10,843,7622020Revenue 2021: $55,341,496Expenses 2021: $106,100,356Net Income 2021: -$50,758,8602021Revenue 2022: $125,336,972Expenses 2022: $96,813,130Net Income 2022: $28,523,8422022Revenue 2023: $110,148,278Expenses 2023: $97,007,634Net Income 2023: $13,140,6442023Revenue 2024: $92,698,840Expenses 2024: $122,755,625Net Income 2024: -$30,056,7852024

Highlighted filing

2013

Revenue-
Expenses$38,047,638
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2012 to Aug 31, 2013
Signed
Jul 9, 2014
Return Version
2012v2.1
Gross Receipts
$58,451,108
Filing and Contact Details

Filer

EIN
75-6043842
Raw XML AppendixShowing 400 of 747 raw XML fields

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IRS990/Interest/ProgramServices0249
IRS990/Interest/Total0249
IRS990/InvestmentIncomeCurrentYear017831586
IRS990/InvestmentIncome/ExclusionAmount017544677
IRS990/InvestmentIncomePriorYear03415436
IRS990/InvestmentIncome/TotalRevenueColumn017544677
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY08108115
IRS990/InvestmentsOtherSecurities/EOY08343188
IRS990/InvestmentsPubTradedSecurities/BOY0375371985
IRS990/InvestmentsPubTradedSecurities/EOY0417186775
IRS990/LandBuildingsEquipmentBasis0374932
IRS990/LandBuildingsEquipmentBasisNet/BOY01033682
IRS990/LandBuildingsEquipmentBasisNet/EOY0374932
IRS990/LessCostOthBasisSalesExpenses/Securities00
IRS990/LessRentalExpenses/Real00
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0THE FOUNDATION IS AN ADVOCATE FOR SUCCESSFUL PERFORMANCE BY: POSITIONING TEXAS TECH AS AN INSTITUTION OF DISTINCTION; RAISING FUNDS ON BEHALF OF TEXAS TECH UNIVERSITY, THE TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER, AND ANGELO STATE UNIVERSITY; STEWARDSHIP OF FUNDS, CARING FOR DONORS AND REPORTING ON GIFTS AND ENDOWMENTS; A PARTNERSHIP APPROACH WITH THE BOARD OF REGENTS TO INVEST AND OVERSIGHT; AND SUPPORTING AND PROMOTING ALL COLLEGES, SCHOOLS PROGRAMS AND CAMPUSES OF TEXAS TECH UNIVERSITY, TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER AND ANGELO STATE UNIVERSITY.THE FOUNDATION WAS FORMED TO SEEK AND OBTAIN GIFTS FOR THE INSTITUTIONS; TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY OF ANY TYPE GIVEN TO THE INSTITUTIONS OR FOR THE BENEFIT OF THE INSTITUTIONS; AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF THE INSTITUTIONS.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0JIM BRUNJES
IRS990/NbrIndependentVotingMembers036
IRS990/NbrVotingGoverningBodyMembers036
IRS990/NbrVotingMembersGoverningBody036
IRS990/NetAssetsOrFundBalancesBOY0443939687
IRS990/NetAssetsOrFundBalancesEOY0479016631
IRS990/NetGainOrLossInvestments/ExclusionAmount0286909
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0286909
IRS990/NetRentalIncomeOrLoss/ExclusionAmount0247208
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn0247208
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoListedPersonsCompensated0X
IRS990/NoncashContributions01421485
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers036
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IRS990/NumberW2GIncluded00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$938$5.11$933$92.7$123$30.1
2023Detailed filing. Detailed filing data is available for this year.$890$4.80$886$110$97.0$13.1
2022Detailed filing. Detailed filing data is available for this year.$850$4.22$845$125$96.8$28.5
2021Detailed filing. Detailed filing data is available for this year.$841$5.29$836$55.3$106$50.8
2020Detailed filing. Detailed filing data is available for this year.$716$4.45$712$81.1$70.2$10.8
2019Detailed filing. Detailed filing data is available for this year.$713$3.82$709$77.6$65.1$12.5
2018Detailed filing. Detailed filing data is available for this year.$681$4.14$677$73.2$56.8$16.4
2017Detailed filing. Detailed filing data is available for this year.$648$0.21$648$115$69.1$46.1
2016Detailed filing. Detailed filing data is available for this year.$586$0.08$586$113$61.1$51.8
2015Detailed filing. Detailed filing data is available for this year.$541$0.05$541$41.7$33.2$8.47
2014Detailed filing. Detailed filing data is available for this year.$554$0.55$553$88.5$27.4$61.1
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$480$0.97$479$38.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$447$2.64$444$70.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$468$2.00$466$53.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$449$3.05$446$53.4