Tmta Foundation EIN 74-2011910

Tmta Foundation

EIN  74-2011910 Public charity (501(c)(3)) Austin, TX Founded 1978
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides scholarships and educational programs to support students.
Leadership
John Craddock · Chairman
Money in and out
$413K revenue, $287K expenses
Bottom line
68% program efficiency

Provides scholarships and educational programs to support students. For fiscal year 2025 it reported $413K in revenue, $287K in expenses, and $2.4M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$287K
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $125K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.32 Fundraising $0.01
Program efficiency
68%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
104.5mo
months of highly liquid reserves at operating expense rate▲ +9% vs prior filing year
Surplus margin
+30%
revenue over expenses, this year▲ +158% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$413K
FY2025▲ +31%
Expenses
$287K
FY2025▲ +3%
Total assets
$2.5M
FY2025▲ +5%
Total liabilities
$160K
FY2025▼ -37%
Total revenue
$413K
Pt VIII · Ln 12
Total expenses
$287K
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$125K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

1 program service account for $195K of program spending, described in the organization's own filed words · FY2025.
01

The foundation funds scholarships to recipients related to the trucking industry by investing amounts raised at annual fundraisers.

$195Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTmta Foundation
EINHdr · item D74-2011910
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.texastrucking.com
Year of formationHdr · item L1978
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
Committee Member
$0Pt VII · Sec A
Committee Member
$0Pt VII · Sec A
Committee Member
$0Pt VII · Sec A
Committee Member
$0Pt VII · Sec A
Committee Member
$0Pt VII · Sec A
See Tmta Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$157K · 38%
Other revenue$144K · 35%
Contributions & grants$112K · 27%
Investment income38%$157K
Other revenue35%$144K
Contributions & grants27%$112K
Total revenueLn 12$413K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32 Fundraising $0.01
Program services68%$195K
Management & general32%$91K
Fundraising1%$1K
Total functional expensesLn 25$287K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$160K
Total net assetsLn 32$2.4M
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses/yr $287K
104.5 months
Where the money goes
Program services
Program services $195K · Total expenses $287K
68%
Management & General
Management & general $91K · Total expenses $287K
32%
Fundraising
Fundraising $1K · Total expenses $287K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $79K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $112K · Total revenue $413K
27%
Government reliance
Government grants — · Total revenue $413K
Earned-income share
Program service revenue $0 · Total revenue $413K
0%
Investment reliance
Investment income $157K · Total revenue $413K
+38%
Program self-sufficiency
Program service revenue $0 · Total expenses $287K
0%
Growth & trend
Revenue growth (YoY)
This year $413K · Prior year $316K
+31%
Revenue CAGR
FY2020 $195K · FY2025 $413K
+16%
Net-asset trend (YoY)
End of year $2.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $413K · Expenses $287K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.4M · Total assets $2.5M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.5M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
97%
People & payroll
Highest Reported Total Compensation
Individual John Craddock · Reported title Chairman · Highest reported compensation $0 · Total expenses $287K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $287K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 32%
Fundraising cost ratio 1%
Revenue growth 31%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$25K
Grants paid · 6 grants · $1.1M · 2020–2025
Unitemized GrantFY2025$195,000
Unitemized GrantFY2024$179,154
Unitemized GrantFY2023$231,245
Unitemized GrantFY2022$198,500
Unitemized GrantFY2021$168,625
Unitemized GrantFY2020$124,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$413K revenue · viewing · ⤓ 990 PDF
FY2024$316K revenue · ⤓ 990 PDF
FY2023$165K revenue · ⤓ 990 PDF
FY2022$345K revenue · ⤓ 990 PDF
FY2021$460K revenue · ⤓ 990 PDF
FY2020$195K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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