Nonprofit · EIN 75-2436355
GRAYSON COUNTY COLLEGE FOUNDATION INC
Tax-exempt · DENISON, TX 75020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $2,909,993 | $922,128 | $1,987,865 | $26,637,915 | $3,569 | $26,634,346 |
| August 31, 2024 | 990 | $2,434,645 | $824,527 | $1,610,118 | $23,731,128 | $9,851 | $23,721,277 |
| August 31, 2023 | 990 | $1,682,259 | $626,674 | $1,055,585 | $20,276,340 | $494 | $20,275,846 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $1,510,033
- Program service revenue
- $0
- Investment income
- $1,419,580
- Net gain from sales of assets
- $752,068
- Net income from fundraising events
- -$19,620
- Other revenue
- -$19,620
Expenses
- Grants and similar amounts paid
- $645,809
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $5,438
- Program services (functional)
- $680,224
- Management and general (functional)
- $194,718
- Fundraising (functional)
- $47,186
Balance sheet and other
- Total assets, start of year
- $23,731,128
- Total assets, end of year
- $26,637,915
- Total liabilities, end of year
- $3,569
- Net assets, end of year
- $26,634,346
- Land, buildings and equipment
- $1,084,980
- Publicly traded securities
- $24,535,518
- Net assets without donor restrictions
- $351,285
- Net assets with donor restrictions
- $26,283,061
- Gross receipts
- $15,600,967
- Employees
- 0
- Volunteers
- 30
- Year formed
- 1991
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR JEREMY P MCMILLEN | PRESIDENT Trustee or director | 1 | $0 | $311,084 | $44,825 |
| CAROLYN KASDORF PARTIAL YEAR | TREASURER/VICE PRESIDENT OF BUSINESS SERVICES Trustee or director, Officer | 1 | $0 | $157,631 | $23,379 |
| RANDY TRUXAL PARTIAL YEAR | EXECUTIVE DIRECTOR Trustee or director | 40 | $0 | $135,689 | $20,749 |
| DR MOLLY HARRIS | VICE PRESIDENT OF COMMUNITY ENGAGEMENT Trustee or director | 1 | $0 | $109,333 | $19,307 |
| PHIL ROETHER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RANDY HOPKINS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR PATTY POOL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DIANA WILLIAMS | GOLF COMMITTEE CHAIR-MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DR DEBBIE PLYLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| VICKI ANDERSON | FACULTY REPRESENTATIVE Trustee or director | 1 | $0 | $0 | $0 |
| DANNY ORTIZ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JOANN ADAIR | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| MELVIN DUNLAP | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| LYN JOSTES | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| LAURA MCCOY | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRITTANY MELTON | BINGO CHAIR-MEMBER Trustee or director | 1 | $0 |
| DR RON BRIGGS | MEMBER Trustee or director | 0.25 | $0 |
| TR FLETCHER | MEMBER Trustee or director | 0.25 | $0 |
| TOM KYLE | MEMBER Trustee or director | 0.25 | $0 |
| DR PAM MOORE | MEMBER Trustee or director | 0.25 | $0 |
| ROBIN PHILLIPS | MEMBER Trustee or director | 0.25 | $0 |
| BLAKE UTTER | MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended August 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR JEREMY P MCMILLEN | PRESIDENT Trustee or director | 1 | $0 | $273,510 | $51,807 |
| CAROLYN KASDORF | VICE PRESIDENT BUSINESS SERVICES Trustee or director | 1 | $0 | $148,336 | $22,375 |
| RANDY TRUXAL | EXECUTIVE DIRECTOR Trustee or director | 40 | $0 | $130,951 | $20,645 |
| PHIL ROETHER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RANDY HOPKINS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| AMBER LESTER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DIANA WILLIAMS | GOLF COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| DEBBIE PLYLER | TRUSTEE REPRESENTATIVE Trustee or director | 1 | $0 | $0 | $0 |
| WADE GRAVES | FACULTY REPRESENTATIVE - PARTIAL Trustee or director | 1 | $0 | $0 | $0 |
| DANNY ORTIZ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JOANN ADAIR | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| MELVIN DUNLAP | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| LYN JOSTES | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| LAURA MCCOY | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| BRITTANY MELTON | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEREMY MCMILLEN | PRESIDENT Trustee or director | 1 | $0 | $252,663 | $52,977 |
| CAROLYN KASDORF | VICE PRESIDENT BUSINESS SE Trustee or director | 1 | $0 | $144,928 | $0 |
| RANDALL TRUXAL | EXECUTIVE DIRECTOR Trustee or director | 1 | $0 | $127,824 | $0 |
| PHIL ROETHER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WADE GRAVES | FACULTY REPRESENTATIVE Trustee or director | 1 | $0 | $0 | $0 |
| DIANA WILLIAMS | GOLF COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE WOODROOF | INVESTMENT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| DANNY ORTIZ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JOANN ADAIR | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| CATHY EUBANK | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| MELVIN DUNLAP | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| LYN JOSTES | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| LAURA MCCOY | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| BRITTANY MELTON | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| BLAKE UTTER | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| AMBER LESTER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBBIE PLYLER | TRUSTEE REPRESENTATIVE Trustee or director | 1 | $0 | $0 | $0 |
| RANDY HOPKINS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6101 GRAYSON DRIVE FM 691, DENISON, TX 75020-8307
- In care of
- % PERNELL JONES
- Principal officer (990 for 2024)
- DENNIS L WESTMAN, 6101 GRAYSON DRIVE FM 691, DENISON, TX 75020
- Signed the 990
- DENNIS L WESTMAN, VP OF BUSINESS SERVICES & CFO
- Phone
- (903) 465-6030
- Website
- WWW.GRAYSON.EDU
- Return prepared by
- WHITLEY PENN LLP
Mission
THE FOUNDATION'S MISSION IS "FULFILLING DONOR WISHES FOR THE STUDENT SUCCESS." IT SERVES GRAYSON COLLEGE THROUGH THE DEVELOPMENT OF PUBLIC UNDERSTANDING AND PHILANTHROPIC SUPPORT. THE FOUNDATION ENCOURAGES MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN THE COLLEGE AND ITS VARIOUS CONSTITUENCIES.
Program accomplishments
- SCHOLARSHIPS AWARDED TO STUDENTS.Expenses $645,809 · grants $645,809
- RESOURCES PROVIDED FOR VARIOUS PROGRAMS AT THE COLLEGE, INCLUDING ASSISTANCE WITH FACILITY IMPROVEMENTS AND EQUIPMENT ACQUISITIONS.Expenses $34,415
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
- 75-2436355
- 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
- 1992
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41I)
- Assets (IRS master file)
- $26,637,915
- Income (IRS master file)
- $15,600,967
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $2,909,993 | $922,128 | $26,637,915 | XML |
| 990 | August 2024 | $2,434,645 | $824,527 | $23,731,128 | IRS |
| 990 | August 2023 | $1,682,259 | $626,674 | $20,276,340 | XML |
| 990 | August 2022 | $3,789,664 | $666,880 | $18,934,161 | 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 75-2436355).
Questions about GRAYSON COUNTY COLLEGE FOUNDATION INC
- What is the EIN of GRAYSON COUNTY COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of GRAYSON COUNTY COLLEGE FOUNDATION INC is 75-2436355.
- Is GRAYSON COUNTY COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to GRAYSON COUNTY COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAYSON COUNTY 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 GRAYSON COUNTY 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 GRAYSON COUNTY 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 GRAYSON COUNTY COLLEGE FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names DENNIS L WESTMAN.
- Who are the officers and directors of GRAYSON COUNTY COLLEGE FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does GRAYSON COUNTY COLLEGE FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $2,909,993, expenses of $922,128 and total assets of $26,637,915 at year end.
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