2021-07-14T08:01:47-05:00 2020-08-31 741699466 FITTS ROBERTS KOLKHORST & CO PC 5718 WESTHEIMER STE 800 HOUSTON TX 77057 990 2019-09-01 760196908 TEXAS CHIROPRACTIC COLLEGE TEXA 2814871170 5912 SPENCER HIGHWAY PASADENA TX 77505 STEPHEN FOSTER PRESIDENT 7134871170 2021-06-21 1 KELLY J HUNTER CPA P00997172 7132605230 2021-06-21 2019 2022-09-23 18:48:47Z STEPHEN FOSTER 5912 SPENCER HIGHWAY PASADENA TX 77505 10104796 0 X WWW.TXCHIRO.EDU X 1955 TX TEXAS CHIROPRACTIC COLLEGE (TCC) PROMOTES EXCELLENCE IN THE EDUCATION OF PRACTICE-READY DOCTORS OF CHIROPRACTIC WHO ARE FOCUSED ON EVIDENCE-INFORMED, PATIENT-CENTERED CARE; SEEK NEW KNOWLEDGE THROUGH SCHOLARSHIP AND RESEARCH; AND ENGAGE OUR COMMUNITIES THROUGH ONGOING SERVICE. 23 23 173 12 0 0 130653 271991 8920487 8985954 228859 110897 167902 58325 9447901 9427167 319665 430062 0 0 5124969 5232719 0 0 140895 3902157 3655115 9346791 9317896 101110 109271 16746398 18284735 3082545 4187286 13663853 14097449 X TEXAS CHIROPRACTIC COLLEGE (TCC) PROVIDES QUALIFIED STUDENTS A PATIENT-CENTERED EDUCATIONAL PROGRAM LEADING TO THE DOCTOR OF CHIROPRACTIC DEGREE. THE CURRICULUM PROMOTES THE DEVELOPMENT OF THE STUDENT'S ATTITUDES, KNOWLEDGE, AND SKILLS REQUIRED OF A CHIROPRACTOR SERVING THE PUBLIC AS A PRIMARY CARE PHYSICIAN. OPERATING WITHIN THE HIGHEST LEVELS OF PROFESSIONALISM, THE COLLEGE IS ALSO COMMITTED TO SERVING THE NEEDS OF THE STUDENTS, THE PROFESSION AND THE PUBLIC THROUGH LEADERSHIP, SCHOLARSHIP, RESEARCH, PATIENT CARE AND SERVICE ACTIVITIES IN THE FIELD OF CHIROPRACTIC. 0 0 8537067 430062 8985954 PROVIDED POST SECONDARY EDUCATION FOR APPROXIMATELY 400 STUDENTS FOR ENTRY INTO THE CHIROPRACTIC PROFESSION. 8537067 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 173 1 0 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X STEPHEN FOSTER 2814871170 5912 SPENCER HIGHWAY PASADENA TX 77505 KEN CAUTHORN REGENT/ASSISTANT TREASURER 1.00 X 0 0 0 PAUL RAYMOND DC REGENT/SECRETARY 1.00 X 0 0 0 MONTE BLUE EDD REGENT/CHAIRMAN 1.00 X 0 0 0 CHERYL DAWN SCHWAB DC REGENT 1.00 X 0 0 0 CONNIE ELLIOT REGENT 1.00 X 0 0 0 PETER J YEH MD FACS REGENT 1.00 X 0 0 0 LISA RISTER DC REGENT 1.00 X 0 0 0 JAMES WELCH DC REGENT 1.00 X 0 0 0 JOHN FELKER III DC REGENT 1.00 X 0 0 0 JOSE SIMON DC REGENT 1.00 X 0 0 0 LAMBERT E COLLINS DC REGENT 1.00 X 0 0 0 MARIA GOLIK CPA REGENT/TREASURER 1.00 X 0 0 0 V RICK WREN REGENT 1.00 X 0 0 0 BRIAN J ANDERSON DC REGENT 1.00 X 0 0 0 VAN A WIGGINTON JD REGENT 1.00 X 0 0 0 WM THEODORE CUMMINGS PHD REGENT/VICE CHAIRMAN 1.00 X 0 0 0 ROBERT K LAMBETH DC REGENT 1.00 X 0 0 0 RONALD W MCMORRIS DC REGENT 1.00 X 0 0 0 ALAYNA PAGNANI-GENDRON DC REGENT 1.00 X 0 0 0 POORVI SANDESARA DC REGENT 1.00 X 0 0 0 KURT A JUERGENS DC REGENT 1.00 X 0 0 0 BRIAN HASSE DC NP REGENT 1.00 X 0 0 0 LAWSON HOWARD JR DC REGENT 1.00 X 0 0 0 STEPHEN FOSTER DC PRESIDENT 40.00 X 200000 0 0 JOHN MROZEK DC DEAN OF ACADEMIC AFFAIRS 40.00 X 110000 0 0 SANDRA HUGHES DC DEAN INSTITUTIONAL ADVANC 40.00 X 110240 0 0 DAVID MASKELL CHIEF FISCAL OFFICER 40.00 X 0 0 0 ROBERT ROUTH FACULTY CHAIR 40.00 X 111968 0 0 532208 0 0 4 0 1 0 BFJ CONSTRUCTION INC 930 14TH STREET NORTH TEXAS CITY TX 77590 FACILITY CONSTRUCTION 648437 TXU ENERGY PO BOX 650638 DALLAS TX 75262 ELECTRICAL PROVIDER 243991 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 WEBSITE DESIGN 227400 EBSCO PO BOX 204661 DALLAS TX 75320 MEDICAL JOURNALS 169707 DYOPATH 13430 NW FREEWAY SUITE 1000 HOUSTON TX 77040 IT SERVICE 128003 5 118364 153627 271991 TUITION AND FEES 611600 8836312 8836312 CLINIC REVENUE 611710 149642 149642 8985954 102471 102471 2640 2640 680846 672420 8426 8426 8426 12850 5209 7641 7641 MISCELLANEOUS REVENUE 611710 48044 48044 48044 9427167 9033998 0 121178 430062 430062 420240 110000 310240 3683078 3500754 88189 94135 172900 151863 18314 2723 643163 587046 45301 10816 313338 279646 26319 7373 106984 106984 2847 2847 60553 60553 17073 17073 20894 19632 875 387 227362 227362 175126 118401 56322 403 239056 239056 88209 69946 12170 6093 157008 155981 1027 116466 116466 636171 636171 472905 472905 EQUIPMENT RENTAL & MAIN 699676 699676 LIBRARY EXPENSE 204108 204108 EQUIPMENT 103359 103359 MISCELLANEOUS EXPENSES 96070 96070 231248 194506 18804 17938 9317896 8537067 639934 140895 215054 231816 2493959 3753394 162220 81688 233790 245409 26107567 15835847 10147780 10271720 3433932 3643151 5000 5000 54663 52557 16746398 18284735 548503 495351 13058 369530 2520984 2470805 851600 3082545 4187286 X 13173782 13533813 490071 563636 13663853 14097449 16746398 18284735 X 109271 324322 3 X X 0 1 X 1 1 1 X 4889493 420147 94450 5215190 4821018 171197 102722 4889493 4707551 209306 95839 4821018 4483458 47040 194873 17820 4707551 3834895 436631 227961 16029 4483458 0.94200 0.05800 1 0 85961 85961 19092780 9325841 9766939 6928826 6510006 418820 10271720 X 9738989 324322 324322 9414667 17712 -5212 12500 9427167 9305392 5208 5208 9300184 17712 17712 9317896 PART V, LINE 4: TO ENHANCE THE LONG TERM OPERATION OF THE COLLEGE, PROVIDE FINANCIAL LEVERAGE AND BE USED AS NEEDED AND AS WHEN DIRECTED BY THE BOARD OF REGENTS TO SPEND ON EXPENDITURES SUCH AS, BUT NOT LIMITED TO, OPERATING, PLANT/BUILDING AND RESEARCH. PART X, LINE 2: NOTE F - FEDERAL TAXES AND UNCERTAIN TAX POSITIONS THE COLLEGE IS A NON-PROFIT AGENCY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. GAAP REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE COLLEGE BELIEVES THAT ALL SIGNIFICANT TAX POSITIONS UTILIZED BY THE COLLEGE WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, THE COLLEGE HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT AUGUST 31, 2020. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS OF THE INTERNAL REVENUE SERVICE. THE COLLEGE BELIEVES IT IS NO LONGER SUBJECT TO AUDITS FOR YEARS PRIOR TO 2017. THE COLLEGE'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON FINANCIALS AS EXPENSE -5,208. MISCELLANEOUS ADJUSTMENT -4. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED ON FINANCIALS AS EXPENSE 5,208. MISCELLANEOUS ADJUSTMENT 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 THE POLICY ON NON-DISCRIMINATION IS STATED IN THE CATALOG. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FEDERAL FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. ALL FEDERAL FUNDS RECEIVED ARE AWARDED TO STUDENTS MEETING SPECIFIC CRITERIA AS DESIGNATED BY THE DEPARTMENT OF EDUCATION. THE UNITED STATES DEPARTMENT OF EDUCATION TEMPORARILY SUSPENDED THE COLLEGE'S ABILITY TO DRAW FUNDS ON JULY 15, 1992. THE SUSPENSION WAS DUE TO AN ERRONEOUS FEDERAL CASH MANAGEMENT FORM FILED WITH THE DEPT. THE COLLEGE RESPONDED TO THE INQUIRY ON AUGUST 3, 1992 AND WAS REMOVED FROM TEMPORARY SUSPENSION. 1 SCHOLARSHIPS 89 334028 PART I, LINE 2: GRANTS ARE FOR TUITION AND FEES THAT ARE DISBURSED IN THE BUSINESS OFFICE TO THE STUDENTS' ACCOUNTS. THE FINANCIAL AID OFFICE ENSURES THAT THE STUDENTS ARE WITHIN THEIR BUDGET ALLOWANCE. ADDITIONAL GRANTS ARE GIVEN TO PAY FOR BOOKS. 0 0 0 0 0 0 0 0 0 STEPHEN FOSTER DC PRESIDENT 200000 0 0 0 0 0 0 0 0 0 200000 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KEN CAUTHORN IS RELATED TO AN EMPLOYEE OF THE COLLEGE FORM 990, PART VI, SECTION B, LINE 11B DEPENDING ON WHEN THE FIRST DRAFT IS COMPLETED, THE 990 IS PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE OF THE BOARD OF REGENTS MEETING. THE AUDIT COMMITTEE THEN PRESENTS TO THE BOARD OF REGENTS THE FINAL 990 OR REPORTS ON THE STATUS OF THE 990 AND ANY ITEMS NEEDING TO BE DISCUSSED. DEPENDING ON WHEN THE FINAL 990 IS COMPLETED, THE 990 IS EITHER PRESENTED AND DISCUSSED AT THE NEXT AUDIT COMMITTEE MEETING OR EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS FOR APPROVAL AND ACTING ON BEHALF OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE PRESENTS AND DISCUSSES THE 990 AT THE NEXT BOARD OF REGENTS MEETING AND VOTES ON ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF REGENTS MEMBERS MUST ANNUALLY AND INTERMITTENTLY DISCLOSE ANY CONFLICTS OF INTEREST. IF THERE IS A CONFLICT OF INTEREST THE BOARD OF REGENTS DECIDES ON WHAT ACTION TO TAKE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC UNLESS BY COURT ORDER. HOWEVER, FORM 990 CONTAINS COMPLETE FISCAL YEAR FINANCIAL INFORMATION AND IS AVAILABLE UPON REQUEST AND THE GUIDESTAR WEBSITE. THE SUMMARIZED AUDITED FINANCIAL STATEMENT INFORMATION IS REPORTED IN THE ANNUAL REPORT. THE ANNUAL REPORT IS DISTRIBUTED TO FRIENDS OF THE COLLEGE AND IS AVAILABLE UPON REQUEST. FINANCIAL INFORMATION IS ALSO REPORTED TO AND DISCLOSED ON THE US DEPARTMENT OF EDUCATION INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM (IPEDS). FORM 990, PART XI, LINE 9: MISCELLANEOUS ADJUSTMENT 3. FORM 990, PART XII, LINE 2C: FINANCIAL STATEMENTS & REPORTING THIS PROCESS HAS NOT CHANGED.