Nonprofit · EIN 75-2331886
TARLETON STATE UNIVERSITY FOUNDATION INC
Tax-exempt · STEPHENVILLE, TX 76402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $22,632,274 | $5,290,366 | $17,341,908 | $80,625,347 | $6,672,560 | $73,952,787 |
| August 31, 2024 | 990 | $14,122,017 | $6,353,498 | $7,768,519 | $60,617,916 | $6,162,390 | $54,455,526 |
| August 31, 2023 | 990 | $15,008,266 | $3,695,156 | $11,313,110 | $47,637,572 | $6,086,232 | $41,551,340 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $18,473,637
- Program service revenue
- $0
- Investment income
- $3,954,672
- Net gain from sales of assets
- $2,334,605
- Other revenue
- $203,965
Expenses
- Grants and similar amounts paid
- $4,229,587
- Other salaries and wages
- $66,164
- Salaries, compensation and benefits (total)
- $71,144
- Professional fundraising fees
- $0
- Accounting fees
- $16,550
- Occupancy
- $7,400
- Program services (functional)
- $4,229,587
- Management and general (functional)
- $1,060,779
Balance sheet and other
- Total assets, start of year
- $60,617,916
- Total assets, end of year
- $80,625,347
- Total liabilities, end of year
- $6,672,560
- Net assets, end of year
- $73,952,787
- Publicly traded securities
- $67,279,757
- Net assets without donor restrictions
- $5,431,180
- Net assets with donor restrictions
- $68,521,607
- Gross receipts
- $27,304,719
- Employees
- 1
- Volunteers
- 24
- Year formed
- 1978
- 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 |
|---|---|---|---|
| BRYAN BIERSCHWALE | TREASURER Trustee or director, Officer | 2 | $0 |
| ALICEANNE BROWN | MEMBER Trustee or director | 1 | $0 |
| LORILEI BUTLER | MEMBER Trustee or director | 1 | $0 |
| DR STAN CARPENTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| ROCKY HARDIN | MEMBER Trustee or director | 1 | $0 |
| JUSTIN HASCHKE | MEMBER Trustee or director | 1 | $0 |
| RANDY HINES | MEMBER Trustee or director | 1 | $0 |
| JC JOHNSON | MEMBER Trustee or director | 1 | $0 |
| KRISTI KENNEDY | MEMBER Trustee or director | 1 | $0 |
| KIMBERLY LEAVERTON | MEMBER Trustee or director | 1 | $0 |
| JEFF LEWIS | MEMBER Trustee or director | 1 | $0 |
| DR LISA LOPEZ | MEMBER Trustee or director | 1 | $0 |
| KADE MACHEN | MEMBER Trustee or director | 1 | $0 |
| PAULA MATZEN | MEMBER Trustee or director | 1 | $0 |
| DR DAN MCCOY | MEMBER Trustee or director | 1 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK MCKENZIE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| TERRY MILLER | MEMBER Trustee or director | 1 | $0 |
| PAUL PASCHALL | MEMBER Trustee or director | 1 | $0 |
| DR JANIS PETRONIS | MEMBER Trustee or director | 1 | $0 |
| DR ALFI PINO | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| STEVEN RANLY | MEMBER Trustee or director | 1 | $0 |
| THERON TALLEY | MEMBER Trustee or director | 1 | $0 |
| NANCY TURLEY | MEMBER Trustee or director | 1 | $0 |
| REGGIE UNDERWOOD | MEMBER Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYAN BIERSCHWALE | TREASURER Trustee or director, Officer | 2 | $0 |
| ALICEANNE BROWN | MEMBER Trustee or director | 1 | $0 |
| LORILEI BUTLER | MEMBER Trustee or director | 1 | $0 |
| DR STAN CARPENTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| ROCKY HARDIN | MEMBER Trustee or director | 1 | $0 |
| JUSTIN HASCHKE | MEMBER Trustee or director | 1 | $0 |
| RANDY HINES | MEMBER Trustee or director | 1 | $0 |
| JC JOHNSON | MEMBER Trustee or director | 1 | $0 |
| KRISTI KENNEDY | MEMBER Trustee or director | 1 | $0 |
| KIMBERLY LEAVERTON | MEMBER Trustee or director | 1 | $0 |
| KADE MACHEN | MEMBER Trustee or director | 1 | $0 |
| PAULA MATZEN | MEMBER Trustee or director | 1 | $0 |
| DAN MCCOY | MEMBER Trustee or director | 1 | $0 |
| MARK MCKENZIE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| TERRY MILLER | MEMBER Trustee or director | 1 | $0 |
| DR JANIS PETRONIS | MEMBER Trustee or director | 1 | $0 |
| DR ALFI PINO | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| STEVEN RANLY | MEMBER Trustee or director | 1 | $0 |
| THERON TALLEY | MEMBER Trustee or director | 1 | $0 |
| NANCY TURLEY | MEMBER Trustee or director | 1 | $0 |
| REGGIE UNDERWOOD | MEMBER Trustee or director | 1 | $0 |
| HADLEY WOERNER | MEMBER Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYAN BIERSCHWALE | TREASURER Trustee or director, Officer | 1 | $0 |
| ALICEANNE BROWN | DIRECTOR Trustee or director | 0.25 | $0 |
| LORILEI BUTLER | DIRECTOR Trustee or director | 0.25 | $0 |
| DR STAN CARPENTER | SECRETARY Trustee or director, Officer | 1 | $0 |
| ROCKY HARDIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JUSTIN HASCHKE | DIRECTOR Trustee or director | 0.25 | $0 |
| JC JOHNSON | DIRECTOR Trustee or director | 0.25 | $0 |
| KADE MACHEN | DIRECTOR Trustee or director | 0.25 | $0 |
| PAULA MATZEN | DIRECTOR Trustee or director | 0.25 | $0 |
| MARK MCKENZIE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| TERRY MILLER | DIRECTOR Trustee or director | 0.25 | $0 |
| JANIS PETRONIS | DIRECTOR Trustee or director | 0.25 | $0 |
| DR TED PETTIJOHN | DIRECTOR Trustee or director | 0.25 | $0 |
| DR ALFI PINO | DIRECTOR Trustee or director | 0.25 | $0 |
| NANCY TURLEY | DIRECTOR Trustee or director | 0.25 | $0 |
| REGGIE UNDERWOOD | DIRECTOR Trustee or director | 0.25 | $0 |
| HADLEY WOERNER | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- BOX T0950, STEPHENVILLE, TX 76402-0001
- Principal officer (990 for 2024)
- MARK MCKENZIE
- Signed the 990
- MARK MCKENZIE, PRESIDENT
- Phone
- (254) 968-9421
- Website
- WWW.TARLETON.EDU
- Return prepared by
- GEORGE MORGAN & SNEED PC
Mission
FINANCIAL SUPPORT FOR TARLETON STATE UNIVERSITY AND SCHOLARSHIPS FOR STUDENTS ATTENDING THE UNIVERSITY
Program accomplishments
- SCHOLARSHIPS FOR STUDENTS ATTENDING TARLETON STATE UNIVERSITYExpenses $1,671,047 · grants $1,671,047
- SUPPORT FOR VARIOUS DEPARTMENTS AND PROGRAMS OF TARLETON STATE UNIVERSITYExpenses $2,558,540 · grants $2,558,540
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
- 75-2331886
- 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
- 1990
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $80,625,347
- Income (IRS master file)
- $27,304,719
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $22,632,274 | $5,290,366 | $80,625,347 | XML |
| 990 | August 2024 | $14,122,017 | $6,353,498 | $60,617,916 | XML |
| 990 | August 2023 | $15,008,266 | $3,695,156 | $47,637,572 | XML |
| 990 | August 2022 | $4,426,696 | $1,626,111 | $28,820,502 | 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 75-2331886).
Questions about TARLETON STATE UNIVERSITY FOUNDATION INC
- What is the EIN of TARLETON STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of TARLETON STATE UNIVERSITY FOUNDATION INC is 75-2331886.
- Is TARLETON STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to TARLETON STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TARLETON STATE UNIVERSITY 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 TARLETON STATE UNIVERSITY 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 TARLETON STATE UNIVERSITY 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 TARLETON STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names MARK MCKENZIE.
- Who are the officers and directors of TARLETON STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 24 people; 0 received compensation from the organization.
- How much revenue does TARLETON STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $22,632,274, expenses of $5,290,366 and total assets of $80,625,347 at year end.
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