Nonprofit · EIN 75-2892470
THE TSTC FOUNDATION
Tax-exempt · WACO, TX 76705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 (amended) | $7,010,716 | $6,417,789 | $592,927 | $49,083,407 | $26,723,408 | $22,359,999 |
| August 31, 2024 | 990 | $6,783,232 | $12,272,668 | -$5,489,436 | $46,853,957 | $26,612,483 | $20,241,474 |
| August 31, 2023 | 990 | $11,411,781 | $3,413,375 | $7,998,406 | $55,373,933 | $30,068,401 | $25,305,532 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $6,287,224
- Program service revenue
- $0
- Investment income
- $866,155
- Net rental income
- -$199,268
- Net gain from sales of assets
- $104,623
- Other revenue
- -$142,663
Expenses
- Grants and similar amounts paid
- $5,408,340
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $23,379
- Travel
- $20,550
- Program services (functional)
- $5,603,225
- Management and general (functional)
- $814,564
Balance sheet and other
- Total assets, start of year
- $46,853,957
- Total assets, end of year
- $49,083,407
- Total liabilities, end of year
- $26,723,408
- Net assets, end of year
- $22,359,999
- Land, buildings and equipment
- $1,036,542
- Publicly traded securities
- $13,803,161
- Net assets without donor restrictions
- $9,038,529
- Net assets with donor restrictions
- $13,321,470
- Gross receipts
- $14,405,344
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2000
- 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 |
|---|---|---|---|---|---|
| CLEDIA HERNANDEZ | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 | $256,841 | $57,183 |
| LARRY GONZALES | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JONATHAN NEWTON | 1ST VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR HAROLD RAFUSE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JULIE JOHNCOX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK ROBINSON | ASST TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARY MAC ABNEY | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| AMANDA MILAM | CHANCELLOR'S APPOINTMENT Trustee or director | 1 | $0 | $0 | $0 |
| RON ROHRBACHER | BOARD OF REGENT'S LIAISON Trustee or director | 1 | $0 | $0 | $0 |
| DEREK BENAVIDES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEROLD NICHOLS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROLAND ADAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL SMITH | EXECUTIVE DIRECTOR(THRU 10/20/23) Trustee or director, Officer | 40 | $0 | $115,028 | $18,080 |
| PATTI RANZINI | EXECUTIVE DIRECTOR(10/21-12/31/23) Trustee or director, Officer | 40 | $0 | $36,318 | $3,152 |
| CLEDIA HERNANDEZ | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 | $0 | $0 |
| CHARLIE RIGNEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROLAND ADAMSON | 1ST VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HAROLD RAFUSE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JONATHAN NEWTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLIE HERVEY | ASST TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARY MAC ABNEY | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK ROBINSON | DIRECTOR-EAST TX REGION Trustee or director | 1 | $0 | $0 | $0 |
| LARRY GONZALES | DIRECTOR-EAST WILLIAMSON C Trustee or director | 1 | $0 | $0 | $0 |
| DEREK BENAVIDES | DIRECTOR-SOUTH TX REGION Trustee or director | 1 | $0 | $0 | $0 |
| JEROLD NICHOLS | DIRECTOR-NORTH TX REGION Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL SMITH | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 | $118,106 | $21,128 |
| CHARLIE RIGNEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROLAND ADAMSON | 1ST VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HAROLD RAFUSE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JONATHAN NEWTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLIE HERVEY | ASST TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARY MAC ABNEY | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK ROBINSON | DIRECTOR-EAST TX REGION Trustee or director | 1 | $0 | $0 | $0 |
| LARRY GONZALES | DIRECTOR-EAST WILLIAMSON COUNTY Trustee or director | 1 | $0 | $0 | $0 |
| DEREK BENAVIDES | DIRECTOR-SOUTH TX REGION Trustee or director | 1 | $0 | $0 | $0 |
| JEROLD NICHOLS | DIRECTOR-NORTH TX REGION Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3801 CAMPUS DR, WACO, TX 76705-1607
- In care of
- % TEXAS ST TECH COLLEGE SUSAN HOYA
- Principal officer (990 for 2024)
- CLEDIA HERNANDEZ, 3801 CAMPUS DRIVE, WACO, TX 76705
- Signed the 990
- CLEDIA HERNANDEZ, EXECUTIVE DIRECTOR
- Phone
- (254) 867-4897
- Return prepared by
- JRBT PC
Mission
TO COMPLEMENT THE STATE OF TEXAS' SUPPORT OF THE COLLEGES BY PROVIDING FINANCIAL SUPPORT FOR NEW AND ONGOING PROJECTS AND ACTIVITIES IN THE AREAS OF RESEARCH, EDUCATION AND COMMUNITY SERVICE.
Program accomplishments
- CONDUCTED SUCCESSFUL FUND RAISING THROUGH DIRECT MAIL, SOLICITED DONORS, AND PERSONAL VISITS. MADE AWARDS TO DESERVING STUDENTS AND FACULTY. ASSISTED IN STUDENT RECRUITMENT AND TEXTBOOK PURCHASES FOR REMEDIAL CLASSES.Expenses $5,603,225 · grants $5,408,340
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
- 75-2892470
- 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
- 2001
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $48,893,414
- Income (IRS master file)
- $15,515,351
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $7,010,716 | $6,417,789 | $49,083,407 | XML |
| 990 | August 2024 | $6,783,232 | $12,272,668 | $46,853,957 | XML |
| 990 | August 2023 | $11,411,781 | $3,413,375 | $55,373,933 | XML |
| 990 | August 2022 | $4,293,165 | $3,027,427 | $48,610,555 | 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 75-2892470).
Questions about THE TSTC FOUNDATION
- What is the EIN of THE TSTC FOUNDATION?
- The employer identification number (EIN) of THE TSTC FOUNDATION is 75-2892470.
- Is THE TSTC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE TSTC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE TSTC FOUNDATION 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 THE TSTC FOUNDATION 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 THE TSTC FOUNDATION 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 THE TSTC FOUNDATION?
- The 990 for the year ended August 31, 2025 names CLEDIA HERNANDEZ.
- Who are the officers and directors of THE TSTC FOUNDATION?
- The 990 for the year ended August 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does THE TSTC FOUNDATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $7,010,716, expenses of $6,417,789 and total assets of $49,083,407 at year end.
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