Nonprofit · EIN 75-1525282
HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED
Tax-exempt · HILLSBORO, TX 76645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $703,712 | $932,887 | -$229,175 | $10,140,328 | $0 | $10,140,328 |
| August 31, 2024 | 990 | $1,438,566 | $1,429,808 | $8,758 | $9,785,940 | $176 | $9,785,764 |
| August 31, 2023 | 990 | $260,936 | $651,492 | -$390,556 | $10,039,716 | $750 | $10,038,966 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $286,700
- Program service revenue
- $0
- Investment income
- $298,231
- Net rental income
- $117,838
- Net gain from sales of assets
- $114,778
- Other revenue
- $118,781
Expenses
- Grants and similar amounts paid
- $832,626
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,099
- Accounting fees
- $7,046
- Program services (functional)
- $915,189
- Management and general (functional)
- $17,698
Balance sheet and other
- Total assets, start of year
- $9,785,940
- Total assets, end of year
- $10,140,328
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,140,328
- Land, buildings and equipment
- $1,079,251
- Publicly traded securities
- $8,471,318
- Net assets without donor restrictions
- $2,092,801
- Net assets with donor restrictions
- $8,047,527
- Gross receipts
- $4,034,725
- Employees
- 0
- Year formed
- 1975
- 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 |
|---|---|---|---|
| LYNN GRAY | President Trustee or director, Officer | 2 | $0 |
| STEVE SMITH | Vice President Trustee or director, Officer | 1 | $0 |
| GLEN CLIETT | Secretary Trustee or director, Officer | 1 | $0 |
| KYLE COWAN | Director Trustee or director | 1 | $0 |
| ROY BARRETT | Director Trustee or director | 1 | $0 |
| MATT THOMAS | Director Trustee or director | 1 | $0 |
| JERRY COCKERHAM | Director Trustee or director | 1 | $0 |
| TONY MARLEY | Director Trustee or director | 1 | $0 |
| BLAIR RUSSELL | Director Trustee or director | 1 | $0 |
| DEB HANSON | Director Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN GRAY | President Trustee or director, Officer | 2 | $0 |
| STEVE SMITH | Vice President Trustee or director, Officer | 1 | $0 |
| GLEN CLIETT | Secretary Trustee or director, Officer | 1 | $0 |
| KYLE COWAN | Director Trustee or director | 1 | $0 |
| ROY BARRETT | Director Trustee or director | 1 | $0 |
| MATT THOMAS | Director Trustee or director | 1 | $0 |
| JERRY COCKERHAM | Director Trustee or director | 1 | $0 |
| TONY MARLEY | Director Trustee or director | 1 | $0 |
| BLAIR RUSSELL | Director Trustee or director | 1 | $0 |
| DEB HANSON | Director Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN GRAY | President Trustee or director, Officer | 2 | $0 |
| STEVE SMITH | Vice President Trustee or director, Officer | 1 | $0 |
| GLEN CLIETT | Secretary Trustee or director, Officer | 1 | $0 |
| KYLE COWAN | Director Trustee or director | 1 | $0 |
| ROY BARRETT | Director Trustee or director | 1 | $0 |
| MATT THOMAS | Director Trustee or director | 1 | $0 |
| JERRY COCKERHAM | Director Trustee or director | 1 | $0 |
| TONY MARLEY | Director Trustee or director | 1 | $0 |
| BLAIR RUSSELL | Director Trustee or director | 1 | $0 |
| DEB HANSON | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 819, HILLSBORO, TX 76645-0819
- Principal officer (990 for 2024)
- LYNN GRAY, PO BOX 819, HILLSBORO, TX 76645
- Signed the 990
- LYNN GRAY, President
- Phone
- (254) 582-5359
- Return prepared by
- Susan Swilling CPA
Mission
TO ASSIST IN THE RAISING AND INVESTING OF FUNDS FOR SCHOLARSHIPS, TEACHING CHAIRS, AND OTHER INSTRUCTIONAL POSITIONS, AND THE PHYSICAL GROWTH AND DEVELOPMENT OF HILL JUNIOR COLLEGE DISTRICT.
Program accomplishments
- ASSISTING IN THE RAISING AND INVESTING OF FUNDS FOR SCHOLARSHIPS, TEACHING CHAIRS, AND OTHER INSTRUCTIONAL POSITIONS, AND THE PHYSICAL GROWTH AND DEVELOPMENT OF HILL JUNIOR COLLEGE DISTRICT.Expenses $915,189 · grants $832,626
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
- 75-1525282
- 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
- 1976
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,140,328
- Income (IRS master file)
- $4,034,725
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $703,712 | $932,887 | $10,140,328 | XML |
| 990 | August 2024 | $1,438,566 | $1,429,808 | $9,785,940 | XML |
| 990 | August 2023 | $260,936 | $651,492 | $10,039,716 | XML |
| 990 | August 2022 | $536,129 | $245,777 | $10,002,882 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | 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 75-1525282).
Questions about HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED
- What is the EIN of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED?
- The employer identification number (EIN) of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED is 75-1525282.
- Is HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED 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 HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED 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 HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED 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 HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED?
- The 990 for the year ended August 31, 2025 names LYNN GRAY.
- Who are the officers and directors of HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED?
- The 990 for the year ended August 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does HILL JUNIOR COLLEGE DEVELOPMENT FOUNDATION INCORPORATED have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $703,712, expenses of $932,887 and total assets of $10,140,328 at year end.
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