The organization cultivates loyalty, tradition, service, and lifelong relationships. Supporting and assisting in the development and increasing of the facilities of Texas Tech university through (1) encourage & establish scholarships, (2) engage in the advancement of higher education through research and other literary and scientific undertakings and broader education opportunities, (3) award Alumni for outstanding work in promoting the welfare of the university, (4) engage in public relations on behalf of the university, (5) assist in keeping records and statistics on graduates and former students of the university, (6) publish an Alumni magazine, (7) support local Alumni groups or other related organizations or faculty, and (8) to encourage donations to the university.

501(c)(3) charity; gifts are tax-deductible.
54¢ of each $1 spent went to programs.
$622K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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 $1.2M a year · 24% 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
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$622K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
18 mo
of spending, in cash
Looks good: 18.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
36
of 36 voting members
Looks good: 36 of 36 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
+25% vs prior year
Spent
$4.3M
To programs
54%
Net assets
$17.7M
By yearFY2020–FY2024
Revenue
$6.4M
FY2023▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.5M
FY2021$4.7M
FY2022$5.1M
FY2023$6.4M
FY2024$4.5M
Expenses
$4.3M
FY2023▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.7M
FY2021$3.6M
FY2022$4.0M
FY2023$4.3M
FY2024$4.5M
Net assets
$17.7M
FY2023▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$13.4M
FY2021$14.4M
FY2022$15.5M
FY2023$17.7M
FY2024$18.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1949.

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

Where the money goes

54 cents of each dollar spent went to programs.

Program services 54% · $2.3M Management & general 25% · $1.1M Fundraising 20% · $880K

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

41 people listed on the 990; $622K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$216,268Pt VII · Sec A
$111,695Pt VII · Sec A
Vice President - Developme
$103,922Pt VII · Sec A
Vice President - Marketing
$98,375Pt VII · Sec A
Vice President - Operation
$91,335Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Curt Langford’s $215K as President & CEO is at the 86th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Curt Langford$215,406$216,268$205,486$192,503$194,153
David Low$112,086$111,695$98,733$98,937$96,011
Jim Douglass$102,507$103,922$99,727$100,202—
Kristina Butler$102,831$98,375$88,510$91,713—
Chris Snead$94,781$91,335$83,397$83,316—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Texas Tech Alumni Association 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

Cultivates loyalty and tradition by supporting Texas Tech University's development through scholarships, research, and alumni engagement.

Questions for Texas Tech Alumni Association

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Provided by the organization

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3 programs · $2.3M · in their own filed words · FY2023
01

University Support Projects

Provide funds to support the ongoing projects of the university or to support key areas of importance of the university. (examples include faculty awards, academic recruitment, athletics, etc.)

$2.3Mprogram expense
02

Scholarships

Provide funds to support students in their goals of advancement of higher education and to promote academic recruitment by providing additional funding sources available to students.

Pt IX · col B
03

Chapter Member Services

Provide funds to support the activities of local alumni groups and other related organizations' efforts at academic recruitment & promotion of the university.

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$2K
Grants paid · 1 grant · $42K · 2021–2021

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$6.0M
Other incomeLn 4–11$190K
Investment incomeLn 3$184K
Money outPt IX
$4.3M
Ln 25
Programscol B$2.3M
Managementcol C$1.1M
Fundraisingcol D$880K
Owns and owesPt X
$17.7M
net assets · Ln 32
Cash and savingsLn 1–2$6.6M
Total assetsLn 16$19.4M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
41
listed · VII A
PaidVII A5
Voting boardVI 1a36
IndependentVI 1b36
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.0M
Fundraising eventsLn 1c$145K
Fees for servicesLn 2g$60K
Investment incomeLn 3$184K
Other incomeLn 4–11$190K
Gains on assetsLn 7$184K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$3.8M
SavingsLn 2$2.7M
Cash and savings togetherLn 1–2$6.6M
InvestmentsLn 11–13$201K
Land, buildings, equipmentLn 10c$10.3M
Other assetsLn 15$672K
Total assetsLn 16$19.4M
LiabilitiesLn 26$1.8M
Net assetsLn 32$17.7M
OperationsPt I, VI
EmployeesI 532
VolunteersI 6130
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$5.0M$6.6M
InvestmentsLn 11–13$215K$201K
Land, buildings, equipmentLn 10c$10.4M$10.3M
Total assetsLn 16$17.7M$19.4M
LiabilitiesLn 26$2.3M$1.8M
Net assetsLn 32$15.5M$17.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$739K$465K$148K$126K
Other salaries and wagesLn 7$914K$576K$183K$155K
Pension plan contributionsLn 8$51K$32K$10K$9K
Other employee benefitsLn 9$261K$164K$52K$44K
Payroll taxesLn 10$144K$91K$29K$25K
Accounting feesLn 11c$31K$31K
Other fees for servicesLn 11g$11K$11K
Advertising and promotionLn 12$211K$211K
Office expensesLn 13$44K$4K$40K
OccupancyLn 16$127K$71K$56K
Conferences, conventions and meetingsLn 19$17K$17K
InterestLn 20$30K$30K
Depreciation, depletion and amortizationLn 22$567K$299K$269K
InsuranceLn 23$107K$107K
Other expenses (24a–d)Ln 24$1.0M$631K$69K$310K
All other expensesLn 24e$51K$9K$42K
Total functional expensesLn 25$4.3M$2.3M$1.1M$880K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.5M$4.5M$39K$18.0M 990 PDF
FY2023 Viewing $6.4M$4.3M$2.1M$17.7M 990 PDF
FY2022 $5.1M$4.0M$1.2M$15.5M 990 PDF
FY2021 $4.7M$3.6M$1.0M$14.4M 990 PDF
FY2020 $5.5M$3.7M$1.9M$13.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $6,427,822 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,864,165$5,993,625
I-9 Program service revenuePrior year $70,598$59,969
I-10 Investment incomePrior year −$168,046$184,094
I-11 Other revenuePrior year $378,301$190,134
I-12 Total revenuePrior year $5,145,018$6,427,822
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,008,723$2,108,233
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,984,691$2,206,568
I-18 Total expensesPrior year $3,993,414$4,314,801
I-19 Revenue less expensesPrior year $1,151,604$2,113,021
Part VI · Governance 36 of 36 board members independent, 3 to look at
VI-1a Voting members of the governing body36
VI-1b Independent voting members36
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,427,822 across 11 lines filed
Lines not itemized here account for −$18,824 of total revenue; see the IRS return.
VIII-1c Fundraising events$145,269
VIII-1d Related organizations$75,000
VIII-1f All other contributions, gifts and grants$5,773,356
VIII-1h Total contributions, gifts and grants$5,993,625
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $59,969$59,969
VIII-5 RoyaltiesExcluded from tax $335,987$335,987
VIII-6 Net rental income or lossExcluded from tax −$153,698−$153,698
VIII-7 Net gain or loss on sales of assetsExcluded from tax $184,094$184,094
VIII-8 Net income from fundraising eventsExcluded from tax −$36,870−$36,870
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $63,539$63,539
VIII-12 Total revenueRelated to mission $0 · Unrelated business $59,969 · Excluded from tax $374,228$6,427,822
Part IX · Statement of functional expenses $4,314,801 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $465,374 · Management $147,738 · Fundraising $125,577$738,689
IX-7 Other salaries and wagesPrograms $575,642 · Management $182,743 · Fundraising $155,332$913,717
IX-8 Pension plan contributionsPrograms $31,987 · Management $10,155 · Fundraising $8,631$50,773
IX-9 Other employee benefitsPrograms $164,372 · Management $52,181 · Fundraising $44,354$260,907
IX-10 Payroll taxesPrograms $90,813 · Management $28,829 · Fundraising $24,505$144,147
IX-11c Accounting feesManagement $31,230$31,230
IX-11g Other fees for servicesManagement $10,522$10,522
IX-12 Advertising and promotionFundraising $211,182$211,182
IX-13 Office expensesPrograms $4,179 · Management $39,691$43,870
IX-16 OccupancyPrograms $71,033 · Management $56,214$127,247
IX-19 Conferences, conventions and meetingsManagement $17,321$17,321
IX-20 InterestManagement $29,558$29,558
IX-22 Depreciation, depletion and amortizationPrograms $298,699 · Management $268,684$567,383
IX-23 InsuranceManagement $106,831$106,831
IX-24 Other expenses (24a–d)Programs $631,381 · Management $68,577 · Fundraising $310,442$1,010,400
IX-24e All other expensesPrograms $8,681 · Management $42,343$51,024
IX-25 Total functional expensesPrograms $2,342,161 · Management $1,092,617 · Fundraising $880,023$4,314,801
Part X · Balance sheet $19,447,053 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,346,449$3,837,761
X-2 Savings and temporary cash investmentsStart of year $2,672,441$2,744,152
X-3 Pledges and grants receivableStart of year $1,428,396$1,295,701
X-4 Accounts receivableStart of year $240,220$343,637
X-9 Prepaid expenses and deferred chargesStart of year $89,024$88,775
X-10c Land, buildings and equipment, netStart of year $10,354,821$10,263,711
X-12 Other securitiesStart of year $214,849$201,154
X-15 Other assetsStart of year $381,772$672,162
X-16 Total assetsStart of year $17,727,972$19,447,053
X-17 Accounts payable and accrued expensesStart of year $340,149$816,264
X-19 Deferred revenueStart of year $306,530$340,012
X-25 Other liabilitiesStart of year $1,586,592$598,274
X-26 Total liabilitiesStart of year $2,259,139$1,773,579
X-27 Net assets without donor restrictionsStart of year $13,777,642$16,128,673
X-28 Net assets with donor restrictionsStart of year $1,691,191$1,544,801
X-32 Total net assets or fund balancesStart of year $15,468,833$17,673,474
X-33 Total liabilities and net assetsStart of year $17,727,972$19,447,053
Part XI · Reconciliation of net assets $17,673,474 net assets at year end
XI-1 Total revenue$6,427,822
XI-2 Total expenses$4,314,801
XI-3 Revenue less expenses$2,113,021
XI-4 Net assets at start of year$15,468,833
XI-5 Net unrealized gains (losses) on investments$91,620
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,673,474

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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