Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
The Texas Gas Association Scholarship Fund
EIN 76-0718474 • 501(c)3 • Houston, TX
Profile
Provide scholarships to tga member cos
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.07x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Balance Sheet
Assets
Up$430,868
Up $100,668 (+30%) from 2022
Liabilities
Up$31,000
Up $31,000 from 2022
Net Assets
$399,868
No earlier filing loaded for comparison.
Revenue
Up$67,102
Up $10,513 (+19%) from 2022
Expenses
Down$30,708
Down $32,531 (-51%) from 2022
Net Income
Up$36,394
Up $43,044 (+647%) from 2022
Trend Graphs
Filings
Most recent year
2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $430,868
- Liabilities
- $31,000
- Net assets
- $399,868
- Revenue
- $67,102
- Expenses
- $30,708
- Net income
- $36,394
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- May 11, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $12,742
Mission and Program Overview
Mission
Provide scholarships for 10 entering first-year students, 8 attending four-year colleges and 2 for trade school attendees.
The Texas Gas Association Scholarship Fund awards scholarships to entering freshmen in 4-year universities and to students entering a technical school.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Texas Gas Association Scholarship Fund provided 10 scholarships to entering freshmen and students entering technical schools in the amount of $2500 each | $25,000 | $25,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jim Bob Sims | Chair | PT | $0 | - | - |
| Ford Femal | Vice Chair | PT | $0 | - | - |
| Rusty Jennett | Treasurer | PT | $0 | - | - |
| Trina Lofton | Secretary | PT | $0 | - | - |
| Darrell Cherry | President | PT | $0 | - | - |
| Jose de Alba | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Texas Gas Association Scholarship Fund
- EIN
- 76-0718474
- In Care Of
- % Darrell Cherry
- Address
- PO BOX 420960, HOUSTON, TX 77242-0960
Signing Officer
- Name
- Darrell Cherry
- Title
- President
- Signed
- 2021-05-11
Supplemental Narrative
Additional Explanations
Part I, line 10
“| Grants And Similar Amounts Paid:, Amount:| The TGA Scholarship Fund awarded 10 each scholarships in the amount of $2500 each to entering freshmen into a 4 year college or to individuals entering a technical school, $25000|”
Part I, line 16
“| Other Expenses:, Amount:| Other expenses include $637 in fees to the Texas Gas Association and for a $1000 deposit to Old American Golf Club for a fundraiser in 2021/, $1636|”
Raw XML Appendix153 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Darrell Cherry |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2816607227 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1880 S Dairy Ashford |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | Suite 206 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Houston |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77077 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 358129 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 340864 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 4110 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -17265 |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 358129 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 340864 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 8585 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 25000 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 12742 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 47 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 358129 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 340864 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 358129 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 340864 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jim Bob Sims |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Ford Femal |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Rusty Jennett |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Trina Lofton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Darrell Cherry |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Jose de Alba |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chair |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice Chair |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1636 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Texas Gas Association Scholarship Fund awards scholarships to entering freshmen in 4-year universities and to students entering a technical school. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Texas Gas Association Scholarship Fund provided 10 scholarships to entering freshmen and students entering technical schools in the amount of $2500 each |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 25000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 3371 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 5214 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 26636 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25000 |
| IRS990EZ/TotalRevenueAmt | 0 | 9371 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.tgasf.com |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | | Year:, Amount:, Description:| 2016, 101.0000, Interest| 2017, 66Interest| 2018, 121Interest| 2019, 2128Interest and a refund of an unused scholarship| 2020, 47Interest| |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Part III - Line 12 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 4110 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4934 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 10044 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 8585 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 42635 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 83527 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 49797 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 79436 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 263980 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 47 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2128 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 121 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 66 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 101 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 2463 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 274024 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 12695 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 43635 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 88461 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 49797 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 79436 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 274024 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 12742 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 45763 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 88582 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 49863 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 79537 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 276487 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Grants And Similar Amounts Paid:, Amount:| The TGA Scholarship Fund awarded 10 each scholarships in the amount of $2500 each to entering freshmen into a 4 year college or to individuals entering a technical school, $25000| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| Other expenses include $637 in fees to the Texas Gas Association and for a $1000 deposit to Old American Golf Club for a fundraiser in 2021/, $1636| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Darrell Cherry |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TEXAS GAS ASSOCIATION SCHOLARSHIP FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TEXA |
| ReturnHeader/Filer/EIN | 0 | 760718474 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 8214978427 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Darrell Cherry |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 420960 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 772420960 |
| ReturnHeader/ReturnTs | 0 | 2021-05-11T21:26:19-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.