2022-11-09T05:33:22-00:00 2022-06-30 581910650 Murphy and Company PC 1475 Klondike Road Suite 100 Conyers GA 30094 990 2021-07-01 750917417 Texas College TEXA 9035938311 2404 N Grand Avenue Tyler TX 75702 Millicent L Rickenbacker V P for Business and Finance 9035938311 2022-10-09 true Millicent Rickenbacker 999009999 Dane Alexander P01684380 4048740555 2022-10-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Millicent L Rickenbacker 2404 N Grand Ave Tyler TX 75702 22124244 false X www.texascollege.edu X 1944 TX To ensure that the student body experiences balanced intellectual, psychological, social and spiritual development, aimed at enabling them to become active productive members of society where they live and work. 20 20 140 14 0 8136894 8817766 7001671 9230652 97471 183751 953630 3892075 16189666 22124244 121953 223987 0 618775 737497 0 123562 10620832 12489833 11361560 13451317 4828106 8672927 53330557 58932373 8779430 7047630 44551127 51884743 To ensure that the student body experiences balanced intellectual, psychological, social and spiritual development, aimed at enabling them to become active productive members of society where they live and work. false false 7661277 223987 6792221 The College is an institution of higher learning and provides instruction, scholarships, and various support services in achieving its primary purpose. 2058772 2438431 Auxiliary enterprises support the Colleges mission of providing quality educational opportunities. These services include, but are not limited to food service, campus housing, campus post office, parking, vending, campus stores and athletics. 9720049 true true false false false false false true false true true false false false true true true false true false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 933 0 140 true false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true true false TX X Millicent L Rickenbacker 9035938311 2404 N Grand Avenue Tyler TX 75702 Dr Dwight J Fennell President 040.00 001.00 X 415255 0 62242 Ms Millicent Rickenbacker Vice President for Business and Finance 040.00 001.00 X 90000 0 0 Mrs Cynthia Marshall-Biggins Vice President for Student Affairs 040.00 001.00 X 85000 0 0 Ms Jan Duncan Vice President for Academic Affairs 040.00 001.00 X 85000 0 0 Dr Vanessa Burns Board Member 001.00 001.00 X 0 0 0 Ms Gwendolyn Tatum Collins Board Member 001.00 001.00 X 0 0 0 Dr Tyrone Davis Board Member 001.00 001.00 X 0 0 0 Mr Charles Hill Board Member 001.00 001.00 X 0 0 0 Ms Orenthia Mason Board Member 001.00 001.00 X 0 0 0 Mr Leon McCowan Sr Secretary/Treasurer 001.00 001.00 X X 0 0 0 Mr Timothy H McKay Board Member 001.00 001.00 X 0 0 0 Dr Patricia M McKenzie Vice Chairperson 001.00 001.00 X X 0 0 0 Attorney Clifton L Roberson Board Member 001.00 001.00 X 0 0 0 Mrs Billye Suber Aaron Board Member 001.00 001.00 X 0 0 0 Mrs Sarah D Wilborn Board Member 001.00 001.00 X 0 0 0 Bishop Lawrence L Reddick III Chairperson 001.00 001.00 X X 0 0 0 Mr Jamal Moharer Board Member 001.00 001.00 X 0 0 0 Ms Bridget Chisholm Board Member 001.00 001.00 X 0 0 0 Dr Carmichael Crutchfield Board Member 001.00 001.00 X 0 0 0 Mr Vince Gonzales Board Member 001.00 001.00 X 0 0 0 Mr Robert Hatchett Board Member 001.00 001.00 X 0 0 0 Dr Annie Grace Robinson Board Member 001.00 001.00 X 0 0 0 Mr Hirsch A Serman Board Member 001.00 001.00 X 0 0 0 Attorney Jim Lambeth Board Member 001.00 001.00 X 0 0 0 675255 62242 1 false true false M & B Wholesale LLC 1001 West Oakwood Street Tyler TX 75702 Food Services 178802 Bullock Investigations 300 North Green Street Suite 303 Longview TX 75601 Security Services 467190 Elliott Travel & Tours 5787 South Hampton Road Suite 305 Dallas TX 75232 Travel 191955 Garrett & Associates 21405 County Road 2182 Whitehouse TX 75791 Construction 3764027 Jenzabar Inc P O Box 845588 Boston MA 022845588 Information Technology 171495 7 7028726 1789040 8817766 Tuition and fees 611600 6792221 6792221 Sales and services of auxiliary enterprises 611710 2438431 2438431 9230652 183751 183751 Other income 900099 3892075 3892075 3892075 22124244 13306478 0 223987 223987 0 0 737497 737497 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Instruction 2236941 2236941 Academic Support 487601 268751 218850 Student Services 1423355 1423355 Institutional Support 6283164 3508243 2651359 123562 2058772 2058772 13451317 9720049 3607706 123562 4914895 6838924 5010354 5010354 2288692 3140518 70469 87250 54988660 18664169 32746258 36324491 8199889 7430836 100000 100000 53330557 58932373 1034846 188084 7744584 6859546 8779430 7047630 X 39461643 46341259 5089484 5543484 44551127 51884743 53330557 58932373 X 8672927 -1339311 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false false 2440483 54000 -1339311 -1339311 2494483 2580196 172471 1760340 1760340 2752667 2440483 139713 136187 136187 2580196 2334265 106218 -34831 -34831 2440483 2241765 92500 411713 411713 2334265 1.00000 true false 884769 884769 41017378 14149727 26867651 13086513 4514442 8572071 36324491 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 20784933 -1339311 -1339311 22124244 22124244 13451317 13451317 13451317 V 4 The endowment funds shown are permanently restricted. The College does not intend to use the funds. X 2 Accounting principles generally accepted in the United States of America require the Colleges management to evaluate tax positions taken by the College and to recognize a tax liability or asset if the College has taken an uncertain tax position that will more-likely-than-not be sustained upon examination by taxing authorities. Management has analyzed the tax positions for the year ended June 30, 2022 and believes that there are no such positions as of June 30, 2022. Accordingly, no liability has been accrued. There are no years under examination by any taxing authority. III 4 This Work from the Benny Andrews art collection was gifted to the College from the Benny Andrews Foundation, Inc. via the United Negro College Fund. These displays are used for public exhibition, but more importantly for the informational and educational programs of artists through endeavors such as lectures and workshops. true true true true true true true false false false false false false false false true true true 6a The College offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the College adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend on factors, such as grade point average, family income, or athletic talents. 6b In May 1996, Texas College lost its accreditation with the Southern Association of Colleges and Schools, which resulted in the revocation of its federal financial aid programs. The College has since regained its accreditation and now receives federal assistance. true Privately Funded Student Scholarships 393 223987 Part III Line 1 All scholarships are awarded based upon specific criteria maintained by the financial aid office. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. The Colleges financial aid staff monitors the eligibility guidelines to ensure compliance and follows the criteria that is provided by the donor for all scholarships that are received by the College from external sources. The College also undergoes the required Uniform Guidance audit annually. X X true true X X X false false false false false false false false false Dr Dwight J Fennell President 340833 74422 34208 28034 477497 Form 990, Part VI, Section B, Line 11b A draft of Form 990 is emailed to the Finance and Audit Committee of the Texas College Board of Trustees. The Finance and Audit Committee reviews the draft of the 990 and recommends approval to the Board of Trustees Chair and College President. Acceptance results in filing approval. Form 990, Part VI, Section B, Line 12c Trustees are required to disclose at the next convening Board of Trustees meeting any conflict of interest. Board members with a conflict of interest on a matter for vote must abstain from voting. The Colleges audit committee is responsible for ensuring adherence to the policy. Form 990, Part VI, Section B, Line 15a The Texas College Board of Trustees Executive Committee determines the Presidents compensation based on preset goals and objectives outlined in his contract. Form 990, Part VI, Section B, Line 15b The President determines the salary of key employees based on experience and skills. Form 990, Part VI, Section C, Line 19 Persons wanting to view Texas Colleges governing documents, financial statements, or conflict of interst policy must make a request in writing to the Presidents Office. The Presidents office will determine the method of release for the requested documents. Form 990, Part XI, Line 5 The College presents its changes in net assets or fund balances separate from revenues and expenses. The balance is representative of gains and losses on investments during the year. false false true false false false false false false false false false false false false false false false false Christian Methodist Episcopal Church c 170500 FMV