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Nonprofit · EIN 20-5731821

GVTC FOUNDATION INC

Tax-exempt · NEW BRAUNFELS, TX 78132

Financials

$730K$512K2021$731K$585K2023$1.1M$589K2024
Revenue Expenses · by fiscal year end
Financials of GVTC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,127,402$588,513$538,889$3,647,503$296,399$3,351,104
December 31, 2023990$731,013$585,462$145,551$2,801,522$75,506$2,726,016
December 31, 2021990$729,679$511,776$217,903$2,417,503$77,577$2,339,926
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,045,715
Program service revenue
$0
Investment income
$179,732
Net gain from sales of assets
$115,143
Net income from fundraising events
-$100,837
Net income from gaming
$2,792
Other revenue
-$98,045

Expenses

Grants and similar amounts paid
$557,231
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,496
Program services (functional)
$576,265
Management and general (functional)
$12,248

Balance sheet and other

Total assets, start of year
$2,801,522
Total assets, end of year
$3,647,503
Total liabilities, end of year
$296,399
Net assets, end of year
$3,351,104
Publicly traded securities
$2,984,249
Net assets without donor restrictions
$3,351,104
Gross receipts
$1,228,404
Employees
0
Volunteers
198
Year formed
2006
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SONIA AGUILLONPRESIDENT
Trustee or director, Officer
30$0
MARQUITA DADETREASURER
Trustee or director, Officer
7$0
TIFFANY MURPHYSECRETARY
Trustee or director, Officer
17$0
CHRIS COOLEYVICE PRESIDENT
Trustee or director, Officer
11$0
ALISHA STANLEYBOARD MEMBER
Trustee or director
1$0
AARON LUNABOARD MEMBER
Trustee or director
7$0
ASHLEY BURTONBOARD MEMBER
Trustee or director
5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
SONIA AGUILLONPRESIDENT
Trustee or director, Officer
43$0
MARQUITA DADEBOARD MEMBER
Trustee or director
8$0
TIFFANY MURPHYSECRETARY
Trustee or director, Officer
15$0
FREDDY WOLFFTREASURER
Trustee or director, Officer
5$0
CHRIS COOLEYVICE PRESIDENT
Trustee or director, Officer
15$0
ALISHA STANLEYBOARD MEMBER
Trustee or director
1$0
AARON LUNABOARD MEMBER
Trustee or director
7$0
BRIANNE OBECKBOARD MEMBER
Trustee or director
7$0
RUDY SOTOBOARD MEMBER
Trustee or director
5$0
990 for the year ended December 31, 2021: 9 people
NameTitleHours / weekCompensation
SONIA AGUILLONPresident
Trustee or director, Officer
50$0
MARQUITA DADEBOARD MEMBER
Trustee or director
7$0
Tiffany MurphySecretary
Trustee or director, Officer
11$0
Freddy WolffTreasurer
Trustee or director, Officer
7$0
CHRIS COOLEYVice President
Trustee or director, Officer
10$0
Stephen HaynesBOARD MEMBER
Trustee or director
8$0
SORAYA HERBERTBOARD MEMBER
Trustee or director
9$0
Alisha StanleyBOARD MEMBER
Trustee or director
6$0
Leslie JohnsonBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
36101 FM 3159, NEW BRAUNFELS, TX 78132-5903
In care of
% PAULA WHITE
Principal officer (990 for 2024)
SONIA AGUILLON, 36101 FM 3159, NEW BRAUNFELS, TX 78132
Signed the 990
SONIA AGUILLON, PRESIDENT
Phone
(830) 885-8450
Return prepared by
HEARD MCELROY & VESTAL LLC

Mission

TO EMPOWER LOCAL COMMUNITIES BY GENERATING AND DISTRIBUTING FUNDS TO ENRICH, MAINTAIN, AND EXPAND PROGRAMS NEEDED TO SUPPORT CHARITABLE ACTIVITIES, NON-PROFIT ORGANIZATIONS AND EDUCATIONAL PURSUITS.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $576,265 · grants $557,231

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5731821
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,647,503
Income (IRS master file)
$1,228,404

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,127,402$588,513$3,647,503XML
990December 2023$731,013$585,462$2,801,522XML
990December 2022$1,088,059$659,372$2,386,666IRS
990December 2021$729,679$511,776$2,417,503XML
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5731821).

Questions about GVTC FOUNDATION INC

What is the EIN of GVTC FOUNDATION INC?
The employer identification number (EIN) of GVTC FOUNDATION INC is 20-5731821.
Is GVTC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to GVTC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GVTC FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GVTC FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GVTC FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GVTC FOUNDATION INC?
The 990 for the year ended December 31, 2024 names SONIA AGUILLON.
Who are the officers and directors of GVTC FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does GVTC FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,127,402, expenses of $588,513 and total assets of $3,647,503 at year end.

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