Central Texas College Foundation

Tax-deductible

Killeen, TX501(c)(3)Colleges & UniversitiesEIN 74-2623554Revenue $565K in FY2025

On file with the IRSctcd.edu/about-ctc/ctc-foundation6200 W Central Texas Expy, 76549-1272 · Killeen, TXTax-exempt since Jun 1992Supporting organization — 509(a)(3)

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Central Texas College Foundation helps ctc grow through the acquisition of gifts of scholarships, equipment and other donations in order to support the facility, to promote programs and to improve and expand facilities

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $112K a year · 13% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$448K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 23 voting members
Looks good: 22 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$565K
+41% vs prior year
Spent
$280K
To programs
82%
Net assets
$16.3M
By yearFY2020–FY2025
Revenue
$565K
FY2025▲ +41%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$527K
FY2022$632K
FY2023$1.1M
FY2024$401K
FY2025$565K
Expenses
$280K
FY2025▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$644K
FY2021$550K
FY2022$733K
FY2023$2.0M
FY2024$345K
FY2025$280K
Net assets
$16.3M
FY2025▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.4M
FY2021$14.0M
FY2022$12.0M
FY2023$11.8M
FY2024$14.2M
FY2025$16.3M

From the FY2025 Form 990 (year ending August 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1992.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $231K Management & general 15% · $41K Fundraising 3% · $9K

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

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Who runs it and what they're paid

25 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chairman and Director
$0Pt VII · Sec A
Vice Chairman and Director
$0Pt VII · Sec A
Director and Secretary
$0Pt VII · Sec A
Executive at Large, Treasurer and Director
$0Pt VII · Sec A
Secretary, Executive at Large and Director
$0Pt VII · Sec A
Executive at Large and Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Central Texas College Foundation executive salaries →

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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

Supports college growth by acquiring gifts for scholarships, equipment, and facility improvements.

Provided by the organization

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3 programs · $231K · in their own filed words · FY2024
01

Scholarships awarded to students and paid to central texas college district who enroll in courses at central texas college district

$226Kprogram expense
02

Food pantry

$5Kprogram expense
03

.

Pt IX · col B

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
Total grants receivedfrom 1 funder$100
Grants paid · 5 grants · $1.1M · 2022–2024
Unitemized GrantFY2024$225,500
Unitemized GrantFY2024$5,123
Unitemized GrantFY2023$329,347
Unitemized GrantFY2023$4,025
Unitemized GrantFY2022$507,186

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$565K
Ln 12
Gifts and grantsLn 1h$255K
Investment incomeLn 3$255K
Other incomeLn 4–11$54K
Money outPt IX
$280K
Ln 25
Programscol B$231K
Managementcol C$41K
Fundraisingcol D$9K
Owns and owesPt X
$16.3M
net assets · Ln 32
Cash and savingsLn 1–2$196K
Total assetsLn 16$16.8M
LiabilitiesLn 26$448K
PeoplePt VI, VII
25
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$255K
Government grantsLn 1e$0
Noncash giftsLn 1g$7K
Fundraising eventsLn 1c$0
Investment incomeLn 3$255K
Other incomeLn 4–11$54K
Gains on assetsLn 7$226K
Total revenueLn 12$565K
Assets in detailPt X, end of year
CashLn 1$196K
Cash and savings togetherLn 1–2$196K
InvestmentsLn 11–13$16.5M
Other assetsLn 15$60K
Total assetsLn 16$16.8M
LiabilitiesLn 26$448K
Net assetsLn 32$16.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderAugust
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 FY25End FY25
Cash and savingsLn 1–2$119K$196K
InvestmentsLn 11–13$14.6M$16.5M
Total assetsLn 16$14.8M$16.8M
LiabilitiesLn 26$564K$448K
Net assetsLn 32$14.2M$16.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$231K$231K
Grants and assistance to foreign recipientsLn 3$0$0
Other expenses (24a–d)Ln 24$36K$0$36K$0
All other expensesLn 24e$13K$0$5K$9K
Total functional expensesLn 25$280K$231K$41K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $565K$280K$285K$16.3M 990 PDF
FY2024 $401K$345K$57K$14.2M 990 PDF
FY2023 $1.1M$2.0M−$896K$11.8M 990 PDF
FY2022 $632K$733K−$101K$12.0M 990 PDF
FY2021 $527K$550K−$23K$14.0M 990 PDF
FY2020 $2.0M$644K$1.4M$11.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $565,093 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $228,714$255,463
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $155,091$255,360
I-11 Other revenuePrior year $17,500$54,270
I-12 Total revenuePrior year $401,305$565,093
I-13 Grants and similar amounts paidPrior year $333,372$230,623
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 $11,219$49,517
I-18 Total expensesPrior year $344,591$280,140
I-19 Revenue less expensesPrior year $56,714$284,953
Part VI · Governance 22 of 23 board members independent, 1 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
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 $565,093 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$255,463
VIII-1g Noncash contributions (included above)$7,300
VIII-1h Total contributions, gifts and grants$255,463
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $29,815$29,815
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $225,545$225,545
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $54,244$54,244
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $26$26
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $309,630$565,093
Part IX · Statement of functional expenses $280,140 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $230,623$230,623
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-24 Other expenses (24a–d)Programs $0 · Management $36,156 · Fundraising $0$36,156
IX-24e All other expensesPrograms $0 · Management $4,683 · Fundraising $8,678$13,361
IX-25 Total functional expensesPrograms $230,623 · Management $40,839 · Fundraising $8,678$280,140
Part X · Balance sheet $16,777,297 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $118,797$196,423
X-3 Pledges and grants receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $2,923$5,194
X-12 Other securitiesStart of year $14,595,532$16,516,006
X-15 Other assetsStart of year $95,830$59,674
X-16 Total assetsStart of year $14,813,082$16,777,297
X-17 Accounts payable and accrued expensesStart of year $1,462$566
X-18 Grants payableStart of year $562,800$447,064
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $564,262$447,630
X-27 Net assets without donor restrictionsStart of year $106,219$170,771
X-28 Net assets with donor restrictionsStart of year $14,142,601$16,158,896
X-32 Total net assets or fund balancesStart of year $14,248,820$16,329,667
X-33 Total liabilities and net assetsStart of year $14,813,082$16,777,297
Part XI · Reconciliation of net assets $16,329,667 net assets at year end
XI-1 Total revenue$565,093
XI-2 Total expenses$280,140
XI-3 Revenue less expenses$284,953
XI-4 Net assets at start of year$14,248,820
XI-5 Net unrealized gains (losses) on investments$1,795,894
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$16,329,667

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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