Nonprofit · EIN 23-7455277
NAVARRO COLLEGE FOUNDATION INC
Tax-exempt · CORSICANA, TX 75110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,427,188 | $1,876,916 | -$449,728 | $13,610,952 | $44,230 | $13,566,722 |
| August 31, 2024 | 990 | $747,528 | $1,329,074 | -$581,546 | $12,974,094 | $2,135 | $12,971,959 |
| August 31, 2023 | 990 | $741,190 | $1,460,076 | -$718,886 | $12,216,254 | $3,406 | $12,212,848 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,217,692
- Program service revenue
- $0
- Investment income
- $209,421
- Net gain from sales of assets
- $83,541
- Other revenue
- $75
Expenses
- Grants and similar amounts paid
- $824,603
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $420,000
- Program services (functional)
- $1,618,258
- Management and general (functional)
- $45,488
- Fundraising (functional)
- $213,170
Balance sheet and other
- Total assets, start of year
- $12,974,094
- Total assets, end of year
- $13,610,952
- Total liabilities, end of year
- $44,230
- Net assets, end of year
- $13,566,722
- Publicly traded securities
- $5,669,865
- Net assets without donor restrictions
- $411,233
- Net assets with donor restrictions
- $13,155,489
- Gross receipts
- $1,627,127
- Employees
- 0
- Volunteers
- 60
- Year formed
- 1974
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD ALDAMA | MEMBER - NC Trustee or director | 2 | $0 |
| CHERYL BLANTON | MEMBER Trustee or director | 2 | $0 |
| PAULA COOK | PAST PRESIDE Trustee or director, Officer | 2 | $0 |
| RICHARD CUTRER | EXECUTIVE DI Trustee or director | 40 | $0 |
| JACEY GRIDER | SECRETARY Trustee or director, Officer | 2 | $0 |
| PAT HARPER | MEMBER AT LA Trustee or director | 2 | $0 |
| RUSTY HITT | PRESIDENT AP Trustee or director, Officer | 2 | $0 |
| JODY JUDSON | MEMBER Trustee or director | 2 | $0 |
| SARA KEATHLEY | MEMBER Trustee or director | 2 | $0 |
| KAREN LESKOVEN | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| JIM PARNNELL | TREASURER Trustee or director, Officer | 4 | $0 |
| CHRIS SKINNER | PRESIDENT Trustee or director, Officer | 4 | $0 |
| KEVIN STRENGTH | MEMBER Trustee or director | 2 | $0 |
| HUGH STROUBE | MEMBER Trustee or director | 2 | $0 |
| ERIC TALLEY | MEMBER Trustee or director | 2 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT WATKINS | MEMBER Trustee or director | 2 | $0 |
990 for the year ended August 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD ALDAMA | MEMBER - NC Trustee or director | 2 | $0 |
| PAULA COOK | VICE PRESIDE Trustee or director, Officer | 4 | $0 |
| SUE COOK | MEMBER Trustee or director | 2 | $0 |
| RICHARD CUTRER | EXECUTIVE DI Trustee or director | 40 | $0 |
| PAT HARPER | MEMBER Trustee or director | 2 | $0 |
| RUSTY HITT | PRESIDENT Trustee or director, Officer | 4 | $0 |
| SARA KEATHLEY | MEMBER Trustee or director | 2 | $0 |
| JIM PARNNELL | TREASURER Trustee or director, Officer | 4 | $0 |
| CHRIS SKINNER | MEMBER Trustee or director | 2 | $0 |
| KEVIN STRENGTH | MEMBER Trustee or director | 2 | $0 |
| HUGH STROUBE | MEMBER Trustee or director | 2 | $0 |
| SCOTT WATKINS | MEMBER Trustee or director | 2 | $0 |
990 for the year ended August 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD ALDAMA | MEMBER - NC Trustee or director | 1 | $0 |
| DOUG BARNES | SECRETARY Trustee or director, Officer | 2 | $0 |
| PAULA COOK | MEMBER Trustee or director | 1 | $0 |
| SUE COOK | MEMBER Trustee or director | 1 | $0 |
| RICHARD CUTRER | EXECUTIVE DI Trustee or director | 40 | $0 |
| PAT HARPER | MEMBER Trustee or director | 1 | $0 |
| RUSTY HITT | PRESIDENT Trustee or director, Officer | 2 | $0 |
| SARA KEATHLEY | MEMBER Trustee or director | 1 | $0 |
| LEE MCCLEARY | MEMBER Trustee or director | 1 | $0 |
| JIM PARNNELL | TREASURER Trustee or director, Officer | 2 | $0 |
| CHRIS SKINNER | MEMBER Trustee or director | 1 | $0 |
| HUGH STROUBE | MEMBER Trustee or director | 1 | $0 |
| SCOTT WATKINS | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3200 W 7TH AVE, CORSICANA, TX 75110-4818
- Principal officer (990 for 2024)
- RICHARD CUTRER, 3100 WEST COLLIN, CORSICANA, TX 75110
- Signed the 990
- RICHARD CUTRER, EXECUTIVE DIRECTOR
- Phone
- (903) 874-1211
- Return prepared by
- ANDERSON MARX & BOHL PC
Mission
TO MAKE AVAILABLE SCHOLARSHIPS TO STUDENTS AND CONTRIBUTIONS TO NAVARRO COLLEGE FOR SUPPORT. TO HAVE OVERSIGHT FUNCTION OVER COLLECTIBLES OWNED BY THE FOUNDATION.
Program accomplishments
- TO MAKE AVAILABLE SCHOLARSHIPS TO STUDENTS AND CONTRIBUTIONS TO NAVARRO COLLEGE FOR SUPPORT. TO HAVE OVERSIGHT FUNCTION OVER COLLECTIBLES OWNED BY THE FOUNDATION.Expenses $1,618,258 · grants $824,603
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 23-7455277
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1975
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $13,610,952
- Income (IRS master file)
- $1,627,127
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,427,188 | $1,876,916 | $13,610,952 | XML |
| 990 | August 2024 | $747,528 | $1,329,074 | $12,974,094 | XML |
| 990 | August 2023 | $741,190 | $1,460,076 | $12,216,254 | XML |
| 990 | August 2022 | $765,061 | $1,194,300 | $12,170,159 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 23-7455277).
Questions about NAVARRO COLLEGE FOUNDATION INC
- What is the EIN of NAVARRO COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of NAVARRO COLLEGE FOUNDATION INC is 23-7455277.
- Is NAVARRO COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to NAVARRO COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does NAVARRO 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 NAVARRO 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 NAVARRO 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 is the principal officer of NAVARRO COLLEGE FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names RICHARD CUTRER.
- Who are the officers and directors of NAVARRO COLLEGE FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does NAVARRO COLLEGE FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,427,188, expenses of $1,876,916 and total assets of $13,610,952 at year end.
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