Skip to main content

Nonprofit · EIN 23-7365212

TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION

Tax-exempt · ATHENS, TX 75751

Financials

$1.8M$672K2022$2.6M$702K2023$1.6M$770K2024
Revenue Expenses · by fiscal year end
Financials of TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,594,601$769,902$824,699$13,356,652$452,339$12,904,313
August 31, 2024990$2,639,157$701,941$1,937,216$11,846,306$322,325$11,523,981
August 31, 2023990$1,834,785$671,994$1,162,791$9,367,504$296,717$9,070,787
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$1,165,631
Program service revenue
$0
Investment income
$432,435
Net gain from sales of assets
$13,322
Net income from fundraising events
-$3,465
Other revenue
-$3,465

Expenses

Grants and similar amounts paid
$710,804
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,400
Program services (functional)
$710,804
Management and general (functional)
$55,118
Fundraising (functional)
$3,980

Balance sheet and other

Total assets, start of year
$11,846,306
Total assets, end of year
$13,356,652
Total liabilities, end of year
$452,339
Net assets, end of year
$12,904,313
Publicly traded securities
$11,355,780
Net assets without donor restrictions
$1,768,007
Net assets with donor restrictions
$11,136,306
Gross receipts
$1,602,791
Employees
0
Volunteers
11
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JASON MORRISONPRESIDENT
Trustee or director, Officer
40$242,000
DAVID HOPKINSTREASURER
Former
40$145,030
KANDI JONESDIRECTOR
Trustee or director
40$72,488
STEVE GRANTTRUSTEE
Trustee or director, Officer
–$0
TOM SHERAMVICE PRESIDE
Trustee or director, Officer
–$0
MARY ENSIGNDIRECTOR
Trustee or director
–$0
ETHAN JACKSONBOARD CHAIR
Trustee or director, Officer
–$0
BLAKE LAIRDDIRECTOR
Trustee or director
–$0
ASHLEY MCKEEDIRECTOR
Trustee or director
–$0
EDDIE LICKDIRECTOR
Trustee or director
–$0
TANYA GORKADIRECTOR
Trustee or director
–$0
STEPHEN MAGEEDIRECTOR
Trustee or director
–$0
DREW BORINGDIRECTOR
Trustee or director
–$0
JENNIFER LIVINGSTONDIRECTOR
Trustee or director
–$0
STEPHANIE GOLEMTREASURER
Officer
–$0
990 for the year ended August 31, 2024: 13 people
NameTitleHours / weekCompensation
JASON MORRISONPRESIDENT
Trustee or director, Officer
40$242,000
DAVID HOPKINSTREASURER
Trustee or director, Officer
40$145,030
EMILY HEGLUNDEXECUTIVE DI
Trustee or director, Officer
40$87,165
STEVE GRANTTRUSTEE
Trustee or director, Officer
–$0
TOM SHERAMDIRECTOR
Trustee or director
–$0
MARY ENSIGNDIRECTOR
Trustee or director
–$0
JEFF AYERSVICE CHAIR
Trustee or director
–$0
ETHAN JACKSONBOARD CHAIR
Trustee or director, Officer
–$0
NICOLE CORNISHSECRETARY
Trustee or director
–$0
BLAKE LAIRDDIRECTOR
Trustee or director
–$0
ASHLEY MCKEEDIRECTOR
Trustee or director
–$0
EDDIE LICKDIRECTOR
Trustee or director
–$0
KANDI JONESINTERIM DIRE
Trustee or director
–$0
990 for the year ended August 31, 2023: 22 people
NameTitleHours / weekCompensationFrom related orgs
DR JERRY KINGDIRECTOR
Trustee or director, Officer
–$0$181,500
DAVID HOPKINSTREASURER
Trustee or director, Officer
–$0$129,577
EMILY HEGLUNDEXECUTIVE DI
Trustee or director, Officer
–$0$82,165
JASON MORRISONDIRECTOR
Trustee or director, Officer
–$0$73,333
STEVE GRANTPRESIDENT
Trustee or director, Officer
–$0$0
COLIN BARRETTDIRECTOR
Trustee or director, Officer
–$0$0
PAM BURTONDIRECTOR
Trustee or director
–$0$0
BLAKE DANIELSDIRECTOR
Trustee or director
–$0$0
KAY HUNDLEYDIRECTOR
Trustee or director
–$0$0
GINGER MORTONDIRECTOR
Trustee or director
–$0$0
JIM PITTSDIRECTOR
Trustee or director
–$0$0
ROSI ROTHDIRECTOR
Trustee or director
–$0$0
WILL TRAXSONDIRECTOR
Trustee or director
–$0$0
LARRY BALLDIRECTOR
Trustee or director
–$0$0
RHONDA HUGHEYDIRECTOR
Trustee or director
–$0$0
ARMANDO RINCONDIRECTOR
Trustee or director
–$0$0
JEAN SURLESDIRECTOR
Trustee or director
–$0$0
CEVIA MORRISDIRECTOR
Trustee or director
–$0$0
RANDY PERRYDIRECTOR
Trustee or director
–$0$0
TOM SHERMANDIRECTOR
Trustee or director
–$0$0
MARY ENSIGNDIRECTOR
Trustee or director
–$0$0
JEFF AYERSDIRECTOR
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
100 CARDINAL DR, ATHENS, TX 75751-3243
Principal officer (990 for 2024)
JASON MORRISON, 100 CARDINAL DRIVE, ATHENS, TX 75751
Signed the 990
STEPHANIE GOLEM, TREASURER
Phone
(903) 675-6304
Return prepared by
HOLDREDGE SHADDOX & HABIBELAHIAN LLP

Mission

TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION'S OVERALL GOAL IS TO STENGTHEN SCHOLARSHIP ENDOWMENT FUNDS IN ATTEMPTS TO PROVIDE SOME TYPE OF SCHOLARSHIP FOR EVERY DESERVING STUDENT WHO DESIRES AN EDUCATION AT TRINITY VALLEY COMMUNITY COLLEGE.

990 for the year ended August 31, 2025

Program accomplishments

  • TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION'S OVERALL GOAL IS TO STRENGTHEN SCHOLARSHIP ENDOWMENT FUNDS IN ATTEMPTS TO PROVIDE SOME TYPE OF SCHOLARSHIP FOR EVERY DESERVING STUDENT WHO DESIRES AN EDUCATION AT TRINITY VALLEY COMMUNITY COLLEGE.
    Expenses $710,804 · grants $710,804

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
23-7365212
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
1974
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,356,652
Income (IRS master file)
$1,602,791

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$1,594,601$769,902$13,356,652XML
990August 2024$2,639,157$701,941$11,846,306XML
990August 2023$1,834,785$671,994$9,367,504XML
990August 2022$1,047,215$823,304$7,938,799IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 23-7365212).

Questions about TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION

What is the EIN of TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION?
The employer identification number (EIN) of TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION is 23-7365212.
Is TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION 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 TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended August 31, 2025 names JASON MORRISON.
Who are the officers and directors of TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended August 31, 2025 lists 15 people; 3 received compensation from the organization, the highest $242,000 (JASON MORRISON, PRESIDENT).
How much revenue does TRINITY VALLEY COMMUNITY COLLEGE FOUNDATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,594,601, expenses of $769,902 and total assets of $13,356,652 at year end.

Other nonprofits in ATHENS

All nonprofits in ATHENS · Texas · Philanthropy, voluntarism and grantmaking foundations