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Nonprofit · EIN 23-7407065

TEXARKANA COLLEGE FOUNDATION INC

Tax-exempt · TEXARKANA, TX 75599

Financials

$847K$361K2022$1.1M$485K2023$2.6M$619K2024
Revenue Expenses · by fiscal year end
Financials of TEXARKANA COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$2,601,686$618,706$1,982,980$21,143,518$32,547$21,110,971
August 31, 2024990$1,149,993$485,470$664,523$17,537,559$134,966$17,402,593
August 31, 2023990$846,590$360,866$485,724$14,494,158$0$14,494,158
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$2,124,737
Program service revenue
$0
Investment income
$476,949
Other revenue
$0

Expenses

Grants and similar amounts paid
$475,452
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,400
Program services (functional)
$475,452
Management and general (functional)
$101,803
Fundraising (functional)
$41,451

Balance sheet and other

Total assets, start of year
$17,537,559
Total assets, end of year
$21,143,518
Total liabilities, end of year
$32,547
Net assets, end of year
$21,110,971
Publicly traded securities
$19,880,925
Net assets without donor restrictions
$6,603,554
Net assets with donor restrictions
$14,507,417
Gross receipts
$2,601,686
Employees
0
Year formed
1959
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
DR ANDREW CURRYTrustee
Trustee or director
0$0
TRUMAN ARNOLDTrustee
Trustee or director
0$0
BORDEN BELLTrustee
Trustee or director
0$0
BEN FLOYDTrustee
Trustee or director
0$0
MIKE CRAVENPresident
Trustee or director, Officer
0$0
VICKERS FUQUATreasurer
Trustee or director, Officer
0$0
BOB HUBBARDVice President
Trustee or director, Officer
0$0
DR FREDERICK EUGENE JOYCETrustee
Trustee or director
0$0
DEAN BARRYTrustee
Trustee or director
0$0
BUDDY MCCULLOCHTrustee
Trustee or director
0$0
FRED MARKHAMTrustee
Trustee or director
0$0
TREY PATTERSONTrustee
Trustee or director, Officer
0$0
CHENEY PRUETTTrustee
Trustee or director
0$0
JAMES HENRY RUSSELLTrustee
Trustee or director
0$0
CARY PATTERSONTrustee
Trustee or director
0$0
4 more people on this return
NameTitleHours / weekCompensation
ALAN SCHIMMINGTrustee
Trustee or director
0$0
MIKE SANDEFURTrustee
Trustee or director
0$0
JESSICA PALMERTrustee
Trustee or director
0$0
DON MORRISSTrustee
Trustee or director
0$0
990 for the year ended August 31, 2024: 19 people
NameTitleHours / weekCompensation
DR ANDREW CURRYTrustee
Trustee or director
0$0
TRUMAN ARNOLDTrustee
Trustee or director
0$0
BORDEN BELLTrustee
Trustee or director
0$0
BEN FLOYDTrustee
Trustee or director
0$0
MIKE CRAVENPresident
Trustee or director, Officer
0$0
VICKERS FUQUATreasurer
Trustee or director, Officer
0$0
BOB HUBBARDVice President
Trustee or director, Officer
0$0
DR FREDERICK EUGENE JOYCETrustee
Trustee or director
0$0
FRED MARKHAMTrustee
Trustee or director
0$0
BUDDY MCCULLOCHTrustee
Trustee or director
0$0
DON MORRISSTrustee
Trustee or director
0$0
JESSICA PALMERSecretary
Trustee or director, Officer
0$0
DEAN BARRYTrustee
Trustee or director
0$0
TREY PATTERSONTrustee
Trustee or director
0$0
CARY PATTERSONTrustee
Trustee or director
0$0
ALAN SCHIMMINGTrustee
Trustee or director
0$0
CHENEY PRUETTTrustee
Trustee or director
0$0
JAMES HENRY RUSSELLTrustee
Trustee or director
0$0
MIKE SANDEFURTrustee
Trustee or director
0$0
990 for the year ended August 31, 2023: 18 people
NameTitleHours / weekCompensation
DR ANDREW CURRYTrustee
Trustee or director
0$0
TRUMAN ARNOLDTrustee
Trustee or director
0$0
BORDEN BELLTrustee
Trustee or director
0$0
BEN FLOYDTrustee
Trustee or director
0$0
MIKE CRAVENPresident
Trustee or director, Officer
0$0
VICKERS FUQUATreasurer
Trustee or director, Officer
0$0
BOB HUBBARDVice President
Trustee or director, Officer
0$0
DR FREDERICK EUGENE JOYCETrustee
Trustee or director
0$0
Dean BerryTrustee
Trustee or director
0$0
BUDDY MCCULLOCHTrustee
Trustee or director
0$0
DON MORRISSTrustee
Trustee or director
0$0
JESSICA PALMERSecretary
Trustee or director, Officer
0$0
James Henry RussellTrustee
Trustee or director
0$0
Mike SandefurTrustee
Trustee or director
0$0
CARY PATTERSONTrustee
Trustee or director
0$0
ALAN SCHIMMINGTrustee
Trustee or director
0$0
Trey PattersonTrustee
Trustee or director
0$0
Cheney PruettTrustee
Trustee or director
0$0

Address and contacts

Address (IRS master file)
2500 N ROBISON RD, TEXARKANA, TX 75599-0002
Signed the 990
Brad Hoover, CFO
Phone
(903) 838-4541
Return prepared by
Thomas & Thomas CPAs PLLC

Mission

To enhance the overall reputation of Texarkana College, to provide external resources to fund College priorities, and to create opportunities for the College to build partnerships with alumni, friends, donors, corporations, and foundations.

990 for the year ended August 31, 2025

Program accomplishments

  • To promote education and other related activities pertaining to Texarkana College.
    Expenses $475,452

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
23-7407065
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$21,143,518
Income (IRS master file)
$2,601,686

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$2,601,686$618,706$21,143,518XML
990August 2024$1,149,993$485,470$17,537,559XML
990August 2023$846,590$360,866$14,494,158XML
990August 2022$1,776,735$438,541$13,208,403IRS
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 23-7407065).

Questions about TEXARKANA COLLEGE FOUNDATION INC

What is the EIN of TEXARKANA COLLEGE FOUNDATION INC?
The employer identification number (EIN) of TEXARKANA COLLEGE FOUNDATION INC is 23-7407065.
Is TEXARKANA COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to TEXARKANA COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXARKANA COLLEGE 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 TEXARKANA COLLEGE FOUNDATION INC 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 TEXARKANA COLLEGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who are the officers and directors of TEXARKANA COLLEGE FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 19 people; 0 received compensation from the organization.
How much revenue does TEXARKANA COLLEGE FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $2,601,686, expenses of $618,706 and total assets of $21,143,518 at year end.

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