Civic Intelligence

Tyler Junior College Foundation

990 • Fiscal year 2024 • EIN 75-6046816

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

PO Box 9020Tyler, TX 75711

(903) 510-2868

Siviq Scores

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

Liabilities / Assets

18th percentile

0.04x

Higher debt load relative to assets than 18% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.64x

Higher debt load relative to revenue than 62% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$206,978

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

75th percentile

13%

Faster asset growth than 75% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-6.7%

Faster revenue growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$110,032,389

Up $12,863,224 (+13%) from 2023

Net Assets

Up

$105,985,807

Up $13,295,618 (+14%) from 2023

Liabilities

Down

$4,046,582

Down $432,394 (-9.7%) from 2023

Revenue

Down

$6,335,049

Down $456,891 (-6.7%) from 2023

Expenses

Down

$4,715,377

Down $1,278,502 (-21%) from 2023

Net Income

Up

$1,619,672

Up $821,611 (+103%) from 2023

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $31,772,040Liabilities 2010: $1,072,419Net Assets 2010: $30,699,6212010Assets 2011: $34,375,480Liabilities 2011: $778,938Net Assets 2011: $33,596,5422011Assets 2012: $36,389,653Liabilities 2012: $772,533Net Assets 2012: $35,617,1202012Assets 2013: $40,225,913Liabilities 2013: $786,456Net Assets 2013: $39,439,4572013Assets 2014: $47,113,336Liabilities 2014: $850,003Net Assets 2014: $46,263,3332014Assets 2015: $45,511,609Liabilities 2015: $822,759Net Assets 2015: $44,688,8502015Assets 2016: $47,396,419Liabilities 2016: $838,583Net Assets 2016: $46,557,8362016Assets 2017: $50,693,767Liabilities 2017: $839,990Net Assets 2017: $49,853,7772017Assets 2018: $64,216,617Liabilities 2018: $928,554Net Assets 2018: $63,288,0632018Assets 2019: $80,030,172Liabilities 2019: $770,281Net Assets 2019: $79,259,8912019Assets 2020: $87,883,065Liabilities 2020: $1,296,145Net Assets 2020: $86,586,9202020Assets 2021: $100,211,574Liabilities 2021: $4,410,581Net Assets 2021: $95,800,9932021Assets 2022: $90,009,403Liabilities 2022: $3,790,903Net Assets 2022: $86,218,5002022Assets 2023: $97,169,165Liabilities 2023: $4,478,976Net Assets 2023: $92,690,1892023Assets 2024: $110,032,389Liabilities 2024: $4,046,582Net Assets 2024: $105,985,8072024Assets 2025: $120,642,204Liabilities 2025: $2,894,474Net Assets 2025: $117,747,7302025

Highlighted filing

2024

Assets$110,032,389
Liabilities$4,046,582
Net Assets$105,985,807

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $1,624,1692010Expenses 2011: $1,642,9182011Expenses 2012: $1,654,9272012Revenue 2013: $5,915,813Expenses 2013: $2,093,476Net Income 2013: $3,822,3372013Revenue 2014: $8,485,761Expenses 2014: $2,078,098Net Income 2014: $6,407,6632014Revenue 2015: $3,413,323Expenses 2015: $4,987,806Net Income 2015: -$1,574,4832015Revenue 2016: $5,206,039Expenses 2016: $3,337,053Net Income 2016: $1,868,9862016Revenue 2017: $7,196,417Expenses 2017: $3,900,476Net Income 2017: $3,295,9412017Revenue 2018: $16,049,739Expenses 2018: $2,866,896Net Income 2018: $13,182,8432018Revenue 2019: $20,679,203Expenses 2019: $4,358,087Net Income 2019: $16,321,1162019Revenue 2020: $6,749,605Expenses 2020: $5,308,706Net Income 2020: $1,440,8992020Revenue 2021: $8,334,825Expenses 2021: $8,829,959Net Income 2021: -$495,1342021Revenue 2022: $8,524,422Expenses 2022: $4,610,553Net Income 2022: $3,913,8692022Revenue 2023: $6,791,940Expenses 2023: $5,993,879Net Income 2023: $798,0612023Revenue 2024: $6,335,049Expenses 2024: $4,715,377Net Income 2024: $1,619,6722024Revenue 2025: $10,502,446Expenses 2025: $6,078,231Net Income 2025: $4,424,2152025

Highlighted filing

2024

Revenue$6,335,049
Expenses$4,715,377
Net Income$1,619,672
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 31, 2025
Return Version
2023v6.0
Gross Receipts
$6,393,846
Mission and Program Overview

Mission

The Tyler Junior College Foundation provides scholarship, program and capital support to ensure that TJC continues its legacy of excellence by successfully serving the educational and workforce needs of communities throughout East Texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$87,539,454$102,488,247▲ $14,948,793
Prepaid Expenses and Deferred Charges$2,832,259$2,596,168▼ $236,091
Investments Other Securities$1,474,771$1,492,507▲ $17,736
Savings and Temporary Cash Investments$2,665,203$1,478,213▼ $1,186,990
Accounts Receivable$2,061,743$1,343,727▼ $718,016
Land, Buildings, and Equipment, Net$545,200$587,364▲ $42,164
Cash and Non-Interest-Bearing Accounts$6,043$2,339▼ $3,704
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$97,169,165$110,032,389▲ $12,863,224
Other Assets Total$44,492$43,824▼ $668
Liabilities
Accounts Payable and Accrued Expenses$2,894,396$2,645,382▼ $249,014
Other Liabilities$1,510,000$1,150,000▼ $360,000
Deferred Revenue$74,580$251,200▲ $176,620
Total Liabilities$4,478,976$4,046,582▼ $432,394
Net Assets / Fund Balance
Net Assets With Donor Restrictions$75,609,934$72,553,046▼ $3,056,888
Net Assets Without Donor Restrictions$17,080,255$33,432,761▲ $16,352,506
Total Net Assets Fund Balance$92,690,189$105,985,807▲ $13,295,618
Total Liabilities and Net Assets / Fund Balance$97,169,165$110,032,389▲ $12,863,224

Asset Categories

AssetBook ValueDepreciationBasis
Land$587,364-$587,364

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$90,742,895$2,406,870▲ $16,154,152$384,058$104,511,068
2022$83,256,085$4,642,959▲ $8,887,046$174,002$90,742,895
2021$94,119,998$5,134,496▼ $11,334,851$444,994$83,256,085
2020$80,924,044$3,091,869▲ $18,947,979$124,187$94,119,998
2019$74,147,653$4,678,200▲ $8,017,328$189,216$80,924,044
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Bill WongCOOFT$103,901$103,901

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,329,399
Program Service Revenue
$0
Investment Income
$3,935,083
Other Revenue
$70,567
All Other Contributions
$2,261,972
Change in Net Assets
$1,619,672

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 Traded1$27,505-
Other Non Cash Contri Table1$10,219Fair Market Value
Other Non Cash Contri Table1$10,000Fair Market Value
Other Non Cash Contri Table6$8,404Fair Market Va
Other Non Cash Contri Table1$5,000Fair Market Value
Other Non Cash Contri Table1$3,960Fair Market Va
Other Non Cash Contri Table1$2,000Fair Market Value
Other Non Cash Contri Table1$1,500Fair Market Va
Other Non Cash Contri Table1$609Fair Market Va
Other Non Cash Contri Table1$200Fair Market Va
Other Non Cash Contri Table1$90Fair Market Va
Total Noncash Contributions16$69,487-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,335,049
Revenue Not Reported on Form 990
$11,753,418
Total Revenue per Audited Statements
$18,088,467
Total Revenue per Form 990
$6,335,049
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,895,441
Other Expenses$731,502
Total Fundraising Expense$325,261
Professional Fundraising Fees$88,434
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,081,086--$3,081,086
Grants to Domestic Orgs$814,355--$814,355
Fees for Service Investment Mgmnt Fees-$406,309-$406,309
Interest--$92,173$92,173
Fees for Services Professional Fundraising--$88,434$88,434
Fees for Services Other-$40,579-$40,579
Fees for Services Accounting-$22,400-$22,400
Insurance-$6,385-$6,385
Other Expenses-$2,786$144,654$2,786
Total Functional Expenses$3,895,441$494,675$325,261$4,715,377

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,792,849
Expenses per Audited Statements$4,715,377
Total Expenses per Form 990$4,715,377
Expenses Not Reported on Form 990$77,472
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tyler Junior CollegeTyler, TX-Institutional Support$780,777
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$88,434
Fundraising Direct Expenses$58,797
Fundraising Gross Income$58,797

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourn.$126,224$58,797$58,797$0
Total Events$126,224$58,797$58,797-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$1,150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

During the fiscal year, the Board of Directors approved 1 resolution. Resolution 40 sets its endowment spending rate for the academic year 2024-2025 at 4.25% for endowed scholarship funds established to support he TJC Promise and Presidential Honors Scholarship programs and 4.0% for remaining endowed funds. Spending will be based on market value as per a twelve quarter rolling average between 9/1/2020 and 8/31/2023.

Form 990, Part VI, Section B, Line 11B

The IRS Form 990 is reviewed by the Chief Financial Officer for the Foundation andthe Executive Director of the Foundation. The President of the Foundation and theExecutive Committee review the form prior to submission to the IRS. The Form 990 ismade available to each voting member of the Foundation's Board of Directors and online at the TJC website.

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

The Foundation monitors enforcement of the Conflict of Interest policy on an annualbasis. All board members must sign a conflict of interest statement disclosing anypotential conflicts of interest.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Tyler Junior College Foundation
EIN
75-6046816
Phone
9035102868
Address
PO BOX 9020, TYLER, TX 75711

Signing Officer

Name
Mitch Andrews
Title
Executive Director
Signed
2025-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mitch Andrews
Formed
1965
Legal Domicile
TX
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
50

Preparer

Firm
Prothro Wilhelmi & Company PLLC
Address
6855 Oak Hill Blvd, Tyler, TX 75703
Preparer
Walter K Wilhelmi
Phone
9035348811
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Note 1 - federal income tax statusthere were no uncertain tax positions for which the foundation believes a liability should be recorded as of august 31,2024 and 2023.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Donations to fund events $58797

Part XII, Line 2D: Other expenses and losses per audited F/S

Donations to fund events $58797

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$121$2.89$118$10.5$6.08$4.42
2024Detailed filing. Detailed filing data is available for this year.$110$4.05$106$6.34$4.72$1.62
2023Detailed filing. Detailed filing data is available for this year.$97.2$4.48$92.7$6.79$5.99$0.80
2022Detailed filing. Detailed filing data is available for this year.$90.0$3.79$86.2$8.52$4.61$3.91
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$100$4.41$95.8$8.33$8.83$0.50
2020Detailed filing. Detailed filing data is available for this year.$87.9$1.30$86.6$6.75$5.31$1.44
2019Detailed filing. Detailed filing data is available for this year.$80.0$0.77$79.3$20.7$4.36$16.3
2018Detailed filing. Detailed filing data is available for this year.$64.2$0.93$63.3$16.0$2.87$13.2
2017Detailed filing. Detailed filing data is available for this year.$50.7$0.84$49.9$7.20$3.90$3.30
2016Detailed filing. Detailed filing data is available for this year.$47.4$0.84$46.6$5.21$3.34$1.87
2015Detailed filing. Detailed filing data is available for this year.$45.5$0.82$44.7$3.41$4.99$1.57
2014Detailed filing. Detailed filing data is available for this year.$47.1$0.85$46.3$8.49$2.08$6.41
2013Summary only. Only limited summary data is available for this year.$40.2$0.79$39.4$5.92$2.09$3.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.4$0.77$35.6$1.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.4$0.78$33.6$1.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.8$1.07$30.7$1.62
Peer Organizations

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