philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Gvtc Foundation INC

Tax-deductible

New Braunfels, TX501(c)(3)Foundations & Grantmakers EIN 20-5731821Revenue $1.1M in FY2024

On file with the IRSgvtcfoundation.com36101 Fm 3159, 78132-5903 · New Braunfels, TXTax-exempt since May 2008Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Our mission is to profoundly enhance the quality of life in the communities we serve, through charitable contributions and volunteer service in support of our program goals.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Run by 105 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $290K a year · 33% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Plus $3.0M in investments, Pt X · Ln 11–13
Looks good: 13.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$296K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+54% vs prior year
Spent
$589K
To programs
98%
Net assets
$3.4M
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +54%
Tap a bar for its year
Revenue by fiscal year
FY2020$728K
FY2021$730K
FY2022$1.1M
FY2023$731K
FY2024$1.1M
Expenses
$589K
FY2024▲ +0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$609K
FY2021$512K
FY2022$659K
FY2023$585K
FY2024$589K
Net assets
$3.4M
FY2024▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.3M
FY2022$2.3M
FY2023$2.7M
FY2024$3.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $576K Management & general 2% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Marquita Dade
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Chris Cooley
Vice President
$0Pt VII · Sec A
Alisha Stanley
Board Member
$0Pt VII · Sec A
Aaron Luna
Board Member
$0Pt VII · Sec A
Ashley Burton
Board Member
$0Pt VII · Sec A
See Gvtc Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Enhances community quality of life through charitable contributions and volunteer service.

Questions for Gvtc Foundation INC

Tap to ask. Gvtc Foundation INC sees how many people are interested.

Your first name shows with your question. Gvtc Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $576K · in their own filed words · FY2024
01

The foundation gives back to the community through support of over 80 local community organizations and activities. The foundation also awarded 3 scholarships in 2024.

$576Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Texas Communications Expo INCFY2025$8K
Total grants receivedfrom 1 funder$8K
Grants paid · 148 grants · $1.6M · 2020–2024
Unitemized GrantFY2024$47,500
Connections Individual and Family Services INCTX · FY2024$20,000
Canine ClassmatesTX · FY2024$20,000
RecoverywerksTX · FY2024$17,500
Hill Country Daily BreadTX · FY2024$17,500
Hill Country Family Services INCTX · FY2024$15,000
Casa of Central Texas INCTX · FY2024$15,000
San Antonio Food Bank INCTX · FY2024$12,000
Bulverde Senior CenterTX · FY2024$12,000
Rainbow Senior CenterTX · FY2024$11,500
Hope HospiceTX · FY2024$10,000
Communities in Schools of South Central Texas INCTX · FY2024$9,500
Steps for LifeTX · FY2024$7,500
Riverside Community Church Hill CountryTX · FY2024$7,500
New Braunfels Christian MinistriesTX · FY2024$7,500
Helping Hands Food Pantry INCTX · FY2024$7,500
Family Promise of Greater New BraunfelsTX · FY2024$7,500
Crrc of Canyon Lake INCTX · FY2024$7,500
See all 148 grants →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.0M
Investment incomeLn 3$180K
Money outPt IX
$589K
Ln 25
Programscol B$576K
Managementcol C$12K
Owns and owesPt X
$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$651K
Total assetsLn 16$3.6M
LiabilitiesLn 26$296K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Fundraising eventsLn 1c$423K
Investment incomeLn 3$180K
Gains on assetsLn 7$115K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$651K
Cash and savings togetherLn 1–2$651K
InvestmentsLn 11–13$3.0M
Total assetsLn 16$3.6M
LiabilitiesLn 26$296K
Net assetsLn 32$3.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6105
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$323K$651K
InvestmentsLn 11–13$2.5M$3.0M
Total assetsLn 16$2.8M$3.6M
LiabilitiesLn 26$76K$296K
Net assetsLn 32$2.7M$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$510K$510K
Grants to domestic individualsLn 2$48K$48K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$1K$1K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$1K$1K
Conferences, conventions and meetingsLn 19$173$173
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$17K$16K$867
Total functional expensesLn 25$589K$576K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$589K$539K$3.4M 990 PDF
FY2023 $731K$585K$146K$2.7M 990 PDF
FY2022 $1.1M$659K$429K$2.3M 990 PDF
FY2021 $730K$512K$218K$2.3M 990 PDF
FY2020 $728K$609K$119K$2.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,127,402 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $744,577$1,045,715
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $101,044$179,732
I-11 Other revenuePrior year −$114,608−$98,045
I-12 Total revenuePrior year $731,013$1,127,402
I-13 Grants and similar amounts paidPrior year $541,064$557,231
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $44,398$31,282
I-18 Total expensesPrior year $585,462$588,513
I-19 Revenue less expensesPrior year $145,551$538,889
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,127,402 across 7 lines filed
Lines not itemized here account for $2,792 of total revenue; see the IRS return.
VIII-1c Fundraising events$422,757
VIII-1f All other contributions, gifts and grants$622,958
VIII-1h Total contributions, gifts and grants$1,045,715
VIII-3 Investment incomeExcluded from tax $64,589$64,589
VIII-7 Net gain or loss on sales of assetsExcluded from tax $115,143$115,143
VIII-8 Net income from fundraising eventsExcluded from tax −$100,837−$100,837
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $81,687$1,127,402
Part IX · Statement of functional expenses $588,513 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $509,731$509,731
IX-2 Grants to domestic individualsPrograms $47,500$47,500
IX-11c Accounting feesManagement $8,496$8,496
IX-11f Investment management feesManagement $1,323$1,323
IX-12 Advertising and promotionPrograms $1,776$1,776
IX-13 Office expensesPrograms $1,289$1,289
IX-19 Conferences, conventions and meetingsManagement $173$173
IX-23 InsuranceManagement $1,389$1,389
IX-24 Other expenses (24a–d)Programs $15,969 · Management $867$16,836
IX-25 Total functional expensesPrograms $576,265 · Management $12,248 · Fundraising $0$588,513
Part X · Balance sheet $3,647,503 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $322,791$651,436
X-4 Accounts receivableStart of year $6,826$3,177
X-9 Prepaid expenses and deferred chargesStart of year $2,265$8,641
X-11 Publicly traded securitiesStart of year $2,469,640$2,984,249
X-16 Total assetsStart of year $2,801,522$3,647,503
X-17 Accounts payable and accrued expensesStart of year $7,195$255,440
X-18 Grants payableStart of year $56,192$40,750
X-19 Deferred revenueStart of year $12,119$209
X-26 Total liabilitiesStart of year $75,506$296,399
X-27 Net assets without donor restrictionsStart of year $2,726,016$3,351,104
X-32 Total net assets or fund balancesStart of year $2,726,016$3,351,104
X-33 Total liabilities and net assetsStart of year $2,801,522$3,647,503
Part XI · Reconciliation of net assets $3,351,104 net assets at year end
XI-1 Total revenue$1,127,402
XI-2 Total expenses$588,513
XI-3 Revenue less expenses$538,889
XI-4 Net assets at start of year$2,726,016
XI-5 Net unrealized gains (losses) on investments$86,199
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,351,104

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.