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

Friends of Trtf

Tax-deductible

San Antonio, TX501(c)(3)Diseases & Disorders EIN 84-4065430Revenue $72K in FY2024Latest return filed Nov 17, 2025

On file with the IRSSan Antonio, TXTax-exempt since Jul 2020Supporting org, Type II — 509(a)(3)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

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

the support texas research and technology foundation (TRTF) through the federal new markets tax credit program.

501(c)(3) charity; gifts are tax-deductible.
Run by 21 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · 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
4 of 4
filings with a surplus
Average surplus $71K a year · 98% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
821 mo
of spending, in cash
Looks good: 821.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.08% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$72K
-0.4% vs prior year
Spent
$5K
To programs
0%
Net assets
$7.6M
By yearFY2020–FY2024
Revenue
$72K
FY2024-0.4%
Tap a bar for its year
Revenue by fiscal year
FY2020$73K
FY2022$73K
FY2023$72K
FY2024$72K
Expenses
$5K
FY2024▲ ×75
Tap a bar for its year
Expenses by fiscal year
FY2020$51
FY2022$788
FY2023$71
FY2024$5K
Net assets
$7.6M
FY2024▲ +0.9%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.3M
FY2022$7.5M
FY2023$7.5M
FY2024$7.6M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2020.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $5K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Rene I Dominguez
Chairman and CEO
$0Pt VII · Sec A
Rick a Hernandez
Secretary and Treasurer
$0Pt VII · Sec A
Ken Recter
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Friends of Trtf executive salaries →

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 Texas research and technology with federal New Markets Tax Credits.

Questions for Friends of Trtf

Tap to ask. Friends of Trtf sees how many people are interested.

Your first name shows with your question. Friends of Trtf answers here, for everyone.

1 program · in their own filed words · FY2024
01

To support Texas Research and Technology Foundation (TRTF) through the Federal New Markets Tax Credit Program.

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 · funders on record
Grants received · FY2020
Texas Research and Technology FoundationFY2020$11K
Total grants receivedfrom 1 funder$11K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$72K
Ln 12
Investment incomeLn 3$72K
Gifts and grantsLn 1h−$311
Money outPt IX
$5K
Ln 25
Managementcol C$5K
Owns and owesPt X
$7.6M
net assets · Ln 32
Cash and savingsLn 1–2$362K
Total assetsLn 16$7.6M
LiabilitiesLn 26$6K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h−$311
Investment incomeLn 3$72K
Total revenueLn 12$72K
Assets in detailPt X, end of year
SavingsLn 2$362K
Cash and savings togetherLn 1–2$362K
Notes and loans receivableLn 7$7.2M
Total assetsLn 16$7.6M
LiabilitiesLn 26$6K
Net assetsLn 32$7.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 621
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$290K$362K
Total assetsLn 16$7.5M$7.6M
LiabilitiesLn 26$995$6K
Net assetsLn 32$7.5M$7.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$303$303
Accounting feesLn 11c$5K$5K
InterestLn 20$60$60
Other expenses (24a–d)Ln 24$18$18
Total functional expensesLn 25$5K$0$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $72K$5K$67K$7.6M 990 PDF
FY2023Filed with the IRS Aug 28, 2024 $72K$71$72K$7.5M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $73K$788$72K$7.5M 990 PDF
FY2021 Not on file
FY2020Filed with the IRS Nov 30, 2021 $73K$51$73K$7.3M 990 PDF

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 $72,116 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0−$311
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $72,427$72,427
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $72,427$72,116
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 $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $71$5,292
I-18 Total expensesPrior year $71$5,292
I-19 Revenue less expensesPrior year $72,356$66,824
Part VI · Governance 3 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
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 $72,116 across 4 lines filed
VIII-1d Related organizations−$311
VIII-1h Total contributions, gifts and grants−$311
VIII-3 Investment incomeExcluded from tax $72,427$72,427
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $72,427$72,116
Part IX · Statement of functional expenses $5,292 across 4 lines filed
IX-11b Legal feesManagement $303$303
IX-11c Accounting feesManagement $4,911$4,911
IX-20 InterestManagement $60$60
IX-24 Other expenses (24a–d)Management $18$18
IX-25 Total functional expensesPrograms $0 · Management $5,292 · Fundraising $0$5,292
Part X · Balance sheet $7,604,936 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $289,827$362,236
X-7 Notes and loans receivableStart of year $7,242,700$7,242,700
X-16 Total assetsStart of year $7,532,838$7,604,936
X-17 Accounts payable and accrued expensesStart of year $995$6,269
X-26 Total liabilitiesStart of year $995$6,269
X-27 Net assets without donor restrictionsStart of year $7,531,843$7,598,667
X-32 Total net assets or fund balancesStart of year $7,531,843$7,598,667
X-33 Total liabilities and net assetsStart of year $7,532,838$7,604,936
Part XI · Reconciliation of net assets $7,598,667 net assets at year end
XI-1 Total revenue$72,116
XI-2 Total expenses$5,292
XI-3 Revenue less expenses$66,824
XI-4 Net assets at start of year$7,531,843
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,598,667

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.

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.