TEXAS GUARANTEED STUDENT LOAN CORPORATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS GUARANTEED STUDENT LOAN CORPORATION (EIN 74-2094204)
- Tax period
- 2010-10-01 to 2011-09-30
- Filed
- 2012-08-02
- IRS object ID
- 201232159349300408
- Schema version
- 2010v3.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-02T09:00:54-05:00 | Timestamp |
| Tax Period End Date | 2011-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 Park Ave Suite 2850 | AddressLine1 |
| City | Oklahoma City | City |
| State | OK | State |
| ZIP Code | 73102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742094204 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS GUARANTEED STUDENT LOAN CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TEXA | NameControl |
| Phone | 5122195700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 83100 | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 786833100 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES PATTERSON | Name |
| Title | SVP/CFO | Title |
| Date Signed | 2012-08-01 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | 405-239-6411 | Name |
| Phone | 4052396411 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SUE MCMILLIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 83100 | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 786833100 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 321421176 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.tgslc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1979 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | "TO BE THE PREMIER SOURCE OF INFORMATION, FINANCING AND ASSISTANCE TO HELP ALL FAMILIES AND STUDENTS REALIZE THEIR EDUCATION AND CAREER DREAMS." TG ADMINISTERS THE FEDERAL FAMILIY EDUCATION LOAN PROGRAM. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 745 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 14990 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 12591 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 132728600 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 114076833 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 57378997 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 854453 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 23395341 | InvestmentIncomePriorYear |
| Investment Income Current Year | 24564562 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 143601 | OtherRevenuePriorYear |
| Other Revenue Current Year | 232895 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 213646539 | TotalRevenuePriorYear |
| Total Revenue Current Year | 139728743 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10045744 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 21939539 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 53718463 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 51703864 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 147029228 | OtherExpensePriorYear |
| Other Expenses Current Year | 43878153 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 210793435 | TotalExpensesPriorYear |
| Total Expenses Current Year | 117521556 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2853104 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 22207187 | RevenuesLessExpensesCY |
| Total Assets BOY | 846128246 | TotalAssetsBOY |
| Total Assets EOY | 835486221 | TotalAssetsEOY |
| Total Liabilities BOY | 383060543 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 356953275 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 463067703 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 478532946 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O, GENERAL STATEMENT 1 | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 35582942 | Expense |
| Grants | 21939538 | Grants |
| Revenue | 854453 | Revenue |
| Description | SEE SCHEDULE O, GENERAL STATEMENT 2 | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 33968577 | Expense |
| Description | SEE SCHEDULE O, GENERAL STATEMENT 2 | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18522554 | Expense |
| Description | SEE SCHEDULE O, GENERAL STATEMENT 2 | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 12280978 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 100355051 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 126 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 745 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARK ZARSKY | NamePerson |
| Telephone Number | 5122195700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 SUNDANCE PARKWAY | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 786818004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Institutional TrusteeInstitutionalTrustee | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| IVAN ANDARZA | |||||||||
| BOARD MEMBER | 8.0 | X | 0 | 0 | 0 | ||||
| YVONNE BATTS | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| FH LANDIS | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| RICHARD RHODES | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| MICHAEL SAVOIE | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| CONNIE SITTERLY | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| STEVEN TAYS | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| DORA ANN VERDE | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| WELCOME WILSON JR | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| PHIL WORLEY | |||||||||
| BOARD MEMBER | 2.0 | X | 0 | 0 | 0 | ||||
| STATE OF TEXAS COMPTROLLER | |||||||||
| BOARD MEMBER | 2.0 | 0 | 0 | 0 | X | ||||
| SUE C MCMILLIN | |||||||||
| PRESIDENT/CEO | 57.57 | 363827 | 0 | 27823 | X | ||||
| JAMES PATTERSON | |||||||||
| SVP/CFO | 44.89 | 251440 | 0 | 39925 | X | ||||
| LLOYD DODGE | |||||||||
| SVP/INFORMATION TECHNOLOGY | 40.44 | 242247 | 0 | 22665 | X | ||||
| DEANNE VARNER | |||||||||
| GEN COUNSEL/ETHICS OFFICER | 51.68 | 248399 | 0 | 25723 | X | ||||
| KIM M ALEXANDER | |||||||||
| VP CUSTOMER SERVICE | 45.21 | 183059 | 0 | 26731 | X | ||||
| PHILIP E FLORA | |||||||||
| CAE/AUDITOR | 43.24 | 145816 | 0 | 18575 | X | ||||
| JOHN R ZANOT | |||||||||
| VP MARKETING | 47.67 | 156397 | 0 | 33782 | X | ||||
| RINN D HARPER | |||||||||
| VP OPERATIONS | 41.62 | 155725 | 0 | 28439 | X | ||||
| CAROL N LINDSEY | |||||||||
| VP POLICY | 51.35 | 150653 | 0 | 23736 | X | ||||
| PHILLIP E CERVIN | |||||||||
| VP COLLECTIONS | 51.55 | 154538 | 0 | 30852 | X | ||||
| JACOB FRAIRE | |||||||||
| VP SIS | 44.0 | 134510 | 0 | 29322 | X | ||||
| CHANCE WATSON | |||||||||
| CAE/AUDITOR | 41.42 | 86845 | 0 | 13911 | X | ||||
| CALVIN H ABBOTT | |||||||||
| AVP PORTFOLIO MANAGER | 40.41 | 157994 | 0 | 26863 | X | ||||
| MARY O NEGRETE | |||||||||
| AVP/HR | 42.96 | 152545 | 0 | 19598 | X | ||||
| PAUL B DIAZ | |||||||||
| AVP/TECH SVCS | 43.25 | 152247 | 0 | 18604 | X | ||||
| MARK J ZARSKY | |||||||||
| AVP/CONTROLLER | 41.53 | 152766 | 0 | 23746 | X | ||||
| BONNIE BRINKLEY | |||||||||
| AVP/GSR | 40.69 | 154835 | 0 | 18677 | X | ||||
| JAMES E ZIMMERMAN | |||||||||
| AVP /EPMO | 40.66 | 147165 | 0 | 29932 | X | ||||
| WILLIAM LOVEALL | |||||||||
| AVP/EPMO | 42.04 | 139927 | 0 | 21325 | X | ||||
| ANGEL CRUZ | |||||||||
| AVP/CISO | 40.15 | 135173 | 0 | 29717 | X | ||||
| KARA THOMPSON | |||||||||
| AVP/STRATEGIC PLANNING | 40.15 | 129562 | 0 | 21966 | X | ||||
| GEORGE TORRES | |||||||||
| AVP/SAP-CLR | 40.15 | 121452 | 0 | 27250 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3717122 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 559162 | TotalOtherCompensation |
| Number Individuals GT100 K | 21 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SEE SCHEDULE O GENERAL STATEMENT 3 | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Of Contractor | AddressOfContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Government Grants | 114076833 | GovernmentGrants |
| Noncash Contributions | 0 | NoncashContributions |
| Total Contributions | 114076833 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| FEDERAL DEFAULT FEE | 900099 | 94100 | 94100 |
| REPUR INTEREST | 900099 | 444255 | 444255 |
| DAS | 900099 | 316098 | 316098 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 854453 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24570213 | TotalRevenueColumn |
| Exclusion | $24,570,213 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 44963 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 29973 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 14990 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14990 | TotalRevenueColumn |
| Unrelated Business Revenue | 14990 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 181411115 | Securities |
| Other | 245694 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 181411115 | Securities |
| Other | 251345 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -5651 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -5651 | TotalRevenueColumn |
| Related Or Exempt Function Income | -5651 | RelatedOrExemptFunctionIncome |
| Exclusion | $0 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC. INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 217905 | TotalRevenueColumn |
| Related Or Exempt Function Income | 217905 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 217905 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 139728743 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1066707 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 14990 | UnrelatedBusinessRevenue |
| Exclusion | $24,570,213 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21939539 | Total |
| Program Services | 21939539 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2270629 | Total |
| Program Services | 1938461 | ProgramServices |
| Management And General | 332168 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37036651 | Total |
| Program Services | 29013497 | ProgramServices |
| Management And General | 8023154 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3002562 | Total |
| Program Services | 2361223 | ProgramServices |
| Management And General | 641339 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6201697 | Total |
| Program Services | 4883438 | ProgramServices |
| Management And General | 1318259 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3192325 | Total |
| Program Services | 2513751 | ProgramServices |
| Management And General | 678574 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 249409 | Total |
| Program Services | 103218 | ProgramServices |
| Management And General | 146191 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192927 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 192927 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39600 | Total |
| Program Services | 39600 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 878957 | Total |
| Program Services | 509622 | ProgramServices |
| Management And General | 369335 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233704 | Total |
| Program Services | 233704 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2883377 | Total |
| Program Services | 2689960 | ProgramServices |
| Management And General | 193417 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3350553 | Total |
| Program Services | 2681001 | ProgramServices |
| Management And General | 669552 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1312608 | Total |
| Program Services | 569545 | ProgramServices |
| Management And General | 743063 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1170182 | Total |
| Program Services | 973440 | ProgramServices |
| Management And General | 196742 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 557941 | Total |
| Program Services | 263051 | ProgramServices |
| Management And General | 294890 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4572717 | Total |
| Program Services | 2939752 | ProgramServices |
| Management And General | 1632965 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 330301 | Total |
| Program Services | 191509 | ProgramServices |
| Management And General | 138792 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| COLL AGNCY | 11071520 | 11071520 | 0 |
| LOAN LOSS | 7763290 | 7763290 | 0 |
| DAF | 4442045 | 4442045 | 0 |
| OTHER PROFESSIONAL SVCS | 3507029 | 2347035 | 1159994 |
| UBI TAX EXPENSES | 6346 | 0 | 6346 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1315647 | Total |
| Program Services | 886850 | ProgramServices |
| Management And General | 428797 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117521556 | Total |
| Program Services | 100355051 | ProgramServices |
| Management And General | 17166505 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 752195 | BOY |
| EOY | 22705180 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3265082 | BOY |
| EOY | 4599179 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65501934 | BOY |
| EOY | 72737709 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1930154 | BOY |
| EOY | 1749526 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 71221300 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 27882981 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42803755 | BOY |
| EOY | 43338319 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 717846089 | BOY |
| EOY | 682881388 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6947676 | BOY |
| EOY | 7287452 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7081361 | BOY |
| EOY | 187468 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 846128246 | BOY |
| EOY | 835486221 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69403267 | BOY |
| EOY | 83456814 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4507276 | BOY |
| EOY | 2636460 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 309150000 | BOY |
| EOY | 270860001 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383060543 | BOY |
| EOY | 356953275 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38296480 | BOY |
| EOY | 40701859 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 424771223 | BOY |
| EOY | 437831087 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 463067703 | BOY |
| EOY | 478532946 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 846128246 | BOY |
| EOY | 835486221 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 22207187 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -6741944 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 158218887 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 133020788 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 117767682 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 132728600 | CurrentTaxYearMinus1Year |
| Current Tax Year | 114076833 | CurrentTaxYear |
| Total | 655812790 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 158218887 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 133020788 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 117767682 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 132728600 | CurrentTaxYearMinus1Year |
| Current Tax Year | 114076833 | CurrentTaxYear |
| Total | 655812790 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 655812790 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 17480692 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 28558446 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25609451 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23395341 | CurrentTaxYearMinus1Year |
| Current Tax Year | 24570213 | CurrentTaxYear |
| Total | 119614143 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 9706 | CurrentTaxYearMinus1Year |
| Current Tax Year | 13591 | CurrentTaxYear |
| Total | 23297 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 110415 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 293801 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 280369 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 105715 | CurrentTaxYearMinus1Year |
| Current Tax Year | 217904 | CurrentTaxYear |
| Total | 1008204 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 776458434 | TotalSupport |
| Gross Receipts From Admissions Etc | 241534560 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.84462 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.86091 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 110361 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 110361 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 100244690 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 100355051 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 2000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $3,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 73448 | CurrentYearMinus1 |
| Current Year | 110361 | CurrentYear |
| Total | 183809 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 500000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $750,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 0 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3315000 | OtherCostOrOtherBasis |
| Book Value | 3315000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34112640 | OtherCostOrOtherBasis |
| Depreciation | 6315317 | Depreciation |
| Book Value | 27797323 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2605 | OtherCostOrOtherBasis |
| Depreciation | 2605 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14035641 | OtherCostOrOtherBasis |
| Depreciation | 11167904 | Depreciation |
| Book Value | 2867737 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19755415 | OtherCostOrOtherBasis |
| Depreciation | 10397155 | Depreciation |
| Book Value | 9358260 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 43338320 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ALLOWANCE FOR NON-REINSURED LOAN | $220,780,000 |
| DUE TO DEPARTMENT OF EDUCATION | $50,080,001 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 270860001 | TotalOfAmounts |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (54 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| 10000 DEGREES (MARIN EDUCATION FUND) | ||||||||
| 781 LINCOLN AVESTE 140 | SAN RAFAEL | CA | 94960 | 953667812 | 501(c)(3) | 49505 | ORGANIZTNL. CAPACITY | |
| ABILENE INDEPENDENT SCHOOL DISTRICT | ||||||||
| 1 AISD CTR 241 PINE ST | ABILENE | TX | 79601 | 750000004 | public school | 51572 | SERVICES TO STUDENTS | |
| ADMISSION POSSIBLE | ||||||||
| 450 N SYNDICATE ST 200 | ST PAUL | MN | 55104 | 411968798 | 501(c)(3) | 147225 | ORGANIZTNL. CAPACITY | |
| AMARILLO INDEPENDENT SCHOOL DISTRICT | ||||||||
| 3400 W 4TH ST | AMARILLO | TX | 79106 | 756000036 | public school | 77708 | SERVICES TO STUDENTS | |
| ANN RICHARDS SCHOOL FOUNDATION | ||||||||
| 2206 PRATHER LANE | AUSTIN | TX | 79704 | 264231160 | 501(c)(3) | 100000 | SERVICES TO STUDENTS | |
| ASSN OF AMERICAN COLLEGES & UNIVERSITIES | ||||||||
| 1818 R ST NW | WASHINGTON | DC | 20009 | 521945674 | 503(c)(3) | 129331 | EDUCATIONAL RESEARCH | |
| BOARD OF TRUSTEES OF UNIVERSITY of ILLINOIS | ||||||||
| 809 S MARSHFIELD AVE M/C 557 ROO | CHICAGO | IL | 60612 | 376006007 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| BOTTOM LINE | ||||||||
| 500 AMORY ST STE 3 | JAMAICA PLAIN | MA | 02130 | 043351427 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| CAPITAL IDEA | ||||||||
| 504 LAVACA STE 1008 | AUSTIN | TX | 78701 | 742893041 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| A MILLION STARS INC | ||||||||
| 110 N JEFFERSON | ST LOUIS | MO | 63103 | 204768985 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| COLLEGE FORWARD | ||||||||
| PO BOX 142308 | AUSTIN | TX | 78714 | 432003552 | 501(C)(3) | 80500 | SERVICES TO STUDENTS | |
| COLLEGE HORIZONS INC | ||||||||
| PO BOX 1262 | PENA BLANCA | NM | 87041 | 201730126 | 501(c)(3) | 80000 | SERVICES TO STUDENTS | |
| COLLEGETRACKS | ||||||||
| 5126 MANNING DRIVE | BETHESDA | MD | 20814 | 204499806 | 501(c)(3) | 150000 | SERVICES TO STUDENTS | |
| COMER SCIENCE & EDUCATION FOUNDATION | ||||||||
| 7200 S INGLESIDE AVE | CHICAGO | IL | 60619 | 364244783 | 501(c)(3) | 100000 | SERVICES TO STUDENTS | |
| CON MI MADRE | ||||||||
| 1925 SAN JACINTO BLVD RM 3116A | AUSTIN | TX | 78712 | 741934031 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| COUNCIL FOR OPPORTUNITY IN EDUCATION | ||||||||
| 1025 VERMONT AVE NW STE 900 | WASHINGTON | DC | 20005 | 521221301 | 501(c)(3) | 51800 | EDUCATIONAL RESEARCH | |
| CREATIVE KIDS | ||||||||
| 504 SAN FRANCISCO ST | SL PASO | TX | 79901 | 742910251 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| CURATORS OF THE UNIVERSITY OF MISSOURI | ||||||||
| 310 JESSE HALL | COLUMBIA | MO | 65211 | 436003859 | public school | 39210 | SERVICES TO STUDENTS | |
| DEACONESS FOUNDATION | ||||||||
| 211 N BROADWAY STE 1260 | ST LOUIS | MO | 63102 | 431295389 | 501(c)(3) | 49900 | ORGANIZTNL. CAPACITY | |
| DENVER SCHOLARSHIP FOUNDATION | ||||||||
| 303 E 17TH AVE STE 200 | DENVER | CO | 80203 | 205143175 | 501(c)(3) | 200800 | SERVICES TO STUDENTS | |
| EDUCATION EQUALS ECONOMICS ALL | ||||||||
| 5930 MIDDLE FISKVILLE RD | AUSTIN | TX | 78752 | 640963235 | 501(c)(3) | 143489 | ORGANIZTNL. CAPACITY | |
| EDUCATION IS FREEDOM FOUNDATION | ||||||||
| 2711 N HASKELL AVE STE 2070 LB 18 | DALLAS | TX | 75204 | 043643313 | 501(c)(3) | 70000 | SERVICES TO STUDENTS | |
| EDUCATIONAL POLICY INSTITUTE | ||||||||
| 801 N QUINCY ST STE 700 | ARLINGTON | VA | 22203 | 830564426 | 501(c)(3) | 18110 | EDUCATIONAL RESEARCH | |
| EL PASO COMMUNITY COLLEGE FOUNDATION | ||||||||
| PO BOX 20500 | EL PASO | TX | 79998 | 742452971 | public school | 170000 | SERVICES TO STUDENTS | |
| FLORIDA STATE COLLEGE AT JACKSONVILLE | ||||||||
| 501 W STATE STREET STE 203 | JACKSONVILLE | FL | 32202 | 237168438 | PUBLIC SCHOOL | 122873 | SERVICES TO STUDENTS | |
| FRANKLIN & MARSHALL COLLEGE | ||||||||
| PO BOX 3003 | LANCASTER | PA | 17604 | 231352635 | PUBLIC SCHOOL | 15571 | SERVICES TO STUDENTS | |
| FULFILLMENT FUND | ||||||||
| 6100 WILSHIRE BLVD STE 600 | LOS ANGELES | CA | 90048 | 953180934 | 501(c)(3) | 100000 | SERVICES TO STUDENTS | |
| HOUSING AUTHORITY OF THE CITY | ||||||||
| 1124 S IH-35 | AUSTIN | TX | 78704 | 746000117 | 501(C)(3) | 140500 | SERVICES TO STUDENTS | |
| I KNOW I CAN | ||||||||
| 3798 E BROAD ST | COLUMBUS | OH | 43213 | 311229135 | 501(c)(3) | 189630 | SERVICES TO STUDENTS | |
| INSTITUTE FOR HIGHER EDUCATION | ||||||||
| 1320 19TH ST NW STE 400 | WASHINGTON | DC | 20036 | 521818907 | 501(c)(3) | 13375 | EDUCATIONAL RESEARCH | |
| INTERCULTURAL DEVELOPMENT RESEARCH ASSN | ||||||||
| 5815 CALLAGHAN RD STE 101 | SAN ANTONIO | TX | 78228 | 741804539 | 501(c)(3) | 120521 | ORGANIZTNL. CAPACITY | |
| LLANO GRANDE CTR FOR RESEARCH | ||||||||
| PO BOX 340 | EDCOUCH | TX | 78538 | 742977974 | 501(c)(3) | 170000 | SERVICES TO STUDENTS | |
| MCALLEN INDEPENDENT SCHOOL DISTRICT | ||||||||
| 2000 N 23RD ST | MC ALLEN | TX | 78501 | 746001658 | PUBLIC SCHOOL | 170000 | SERVICES TO STUDENTS | |
| NATIONAL COLLEGE ACCESS NETWORK | ||||||||
| 1001 CONNECTICUT AVE NW STE 632 | WASHINGTON | DC | 20036 | 311793562 | 501(c)(3) | 247480 | SERVICES TO STUDENTS | |
| OREGON STUDENT ASSISTANCE COMMISSION | ||||||||
| 1500 VALLEY RIVER DR STE 100 | EUGENE | OR | 97401 | 936015581 | Public Agency | 19624 | SERVICES TO STUDENTS | |
| OUR LADY OF THE LAKE UNIVERSITY | ||||||||
| 411 SW 24TH ST | SAN ANTONIO | TX | 78207 | 741109631 | STATE COLLEGE | 174320 | SERVICES TO STUDENTS | |
| POSSE FOUNDATION | ||||||||
| 14 WALL ST STE 8A-60 | NEW YORK | NY | 10005 | 133840394 | 501(C)(3) | 100000 | SERVICES TO STUDENTS | |
| SAN ANTONIO EDUCATION PARTNERS | ||||||||
| 131 EL PASO ST | SAN ANTONIO | TX | 78204 | 742547643 | 501(C)(3) | 170000 | SERVICES TO STUDENTS | 78204 |
| SCHOLARSHIP AMERICA | ||||||||
| 1550 AMERICAN BLVD E | MINNEAPOLIS | MN | 55425 | 042296967 | 501(C)(3) | 5840838 | STUDENT FIN. AID | |
| SUNNYSIDE UNIFIED SCHOOL DISTRICT | ||||||||
| 2238 E GINTER RD | TUSCON | AZ | 85706 | 866000792 | PUBLIC SCHOOL | 100000 | SERVICES TO STUDENTS | |
| TEXAS STATE UNIVERSITY | ||||||||
| 601 UNIVERSITY DR | SAN MARCOS | TX | 78666 | 741982979 | STATE COLLEGE | 90067 | SERVICES TO STUDENTS | |
| THE COLLEGE CRUSADE OF RHODE ISLAND | ||||||||
| 134 THURBERS AVE | PROVIDENCE | RI | 02905 | 223031765 | 501(C)(3) | 18360 | SERVICES TO STUDENTS | |
| THE UNIVERSITY OF TEXAS AT AUSTIN | ||||||||
| PO BOX 7458 | AUSTIN | TX | 78713 | 746000203 | STATE COLLEGE | 238742 | SERVICES TO STUDENTS | |
| THE UNIVERSITY OF TEXAS AT DALLAS | ||||||||
| 800 W CAMPBELL RD MP13 | RICHARDSON | TX | 75081 | 751305566 | STATE COLLEGE | 170000 | SERVICES TO STUDENTS | |
| UNIV OF TEXAS MEDICAL BRANCH | ||||||||
| 300 UNIVERSITY BLVD | GALVESTON | TX | 77555 | 746000949 | STATE COLLEGE | 272571 | SERVICES TO STUDENTS | |
| UNIVERSITY OF FLORIDA | ||||||||
| PO BOX 14425 | GAINSVILLE | FL | 32604 | 596002052 | STATE COLLEGE | 79499 | EDUCATIONAL RESEARCH | |
| UNIVERSITY OF HOUSTON | ||||||||
| 1 MAIN ST STE 990S | HOUSTON | TX | 77002 | 746041411 | STATE COLLEGE | 170000 | SERVICES TO STUDENTS | |
| UNIVERSITY OF MICHIGAN | ||||||||
| 610 E UNIVERSITY AVE SUITE 2339 | ANN ARBOR | MI | 48109 | 386006309 | STATE COLLEGE | 56986 | EDUCATIONAL RESEARCH | |
| UNIVERSITY OF NORTH CAROLINA | ||||||||
| CHAPEL HILL JACKSON HALL CB 2200 | CHAPEL HILL | NC | 27599 | 566001393 | STATE COLLEGE | 100000 | ORGANIZTNL. CAPACITY | |
| UNIVERSITY OF NORTH TEXAS | ||||||||
| 1155 UNION CIR 305250 | DENTON | TX | 76203 | 756002149 | STATE COLLEGE | 139234 | EDUCATIONAL RESEARCH | |
| UNIVERSITY OF SOUTHERN CALIFORNIA | ||||||||
| 837 DOWNEY WAY RM 130 | LOS ANGELES | CA | 90089 | 951642394 | STATE COLLEGE | 103281 | EDUCATIONAL RESEARCH | |
| UNIVERSITY OF TEXAS - PAN AMERICAN | ||||||||
| 1201 W UNIVERSITY DR | EDINBURG | TX | 78539 | 746002942 | STATE COLLEGE | 170000 | SERVICES TO STUDENTS | |
| WYMAN CENTER | ||||||||
| 600 KIWANIS DR | EUREKA | MO | 63025 | 430653263 | 501(C)(3) | 190000 | SERVICES TO STUDENTS | |
| COLLEGE FOR ALL TEXANS FOUNDATION | ||||||||
| PO BOX 12788 | AUSTIN | TX | 78711 | 743017895 | 501(C)(3) | 10000000 | STUDENT FIN. AID | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 54 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS | FORM 990, SCHEDULE I, PART I, LINE 2 | ONCE APPROVED FOR FUNDING, EACH GRANTEE MUST REVIEW AND EXECUTE A GRANT AGREEMENT DOCUMENT WITH TG. IN THIS DOCUMENT, THE EXPECTATIONS ARE OUTLINED FOR THE GRANTEES AND THEIR RESPECTIVE PROJECTS, INCLUDING THE REPORTING REQUIREMENTS FOR THE MIDPOINT (PROGRESS) REPORT AND THE FINAL REPORT. EACH OF THE PROJECT DELIVERABLES IS IDENTIFIED IN THE GRANT AGREEMENT DOCUMENT. GRANTEES ARE INSTRUCTED TO PROVIDE A PROGRESS REPORT ON EACH OF THE ITEMS LISTED AND TO PROVIDE A REPORT OF EXPENDITURES TO-DATE COMPARED TO THE ORIGINAL BUDGET SUBMITTED WITH THE APPLICATION. GRANTEES THEN PROVIDE A FINAL ACCOUNT ON THE DELIVERABLES AND BUDGET AT THE CONCLUSION OF THE GRANT PERIOD. GRANT MANAGEMENT STAFF REVIEWS EACH MIDPOINT REPORT TO DETERMINE IF THE GRANT PROJECTS ARE PROGRESSING AS ANTICIPATED. SPECIFICALLY, STAFF LOOKS TO SEE IF ANY OF THE FOLLOWING CONDITIONS EXIST: A) BUDGET LINE ITEMS THAT SEEM TO BE FALLING SHORT OF ANTICIPATED COSTS B) ANY CHANGES IN KEY PERSONNEL ASSOCIATED WITH THE PROJECT C) ANY OBSTACLES IDENTIFIED BY THE GRANTEE AS IMPEDING PROGESS TOWARD GOALS D) ANY REQUESTS FROM THE GRANTEE TO ADJUST THE BUDGET, DELIVERABLES OR PROGRAM ACTIVITIES. IF THERE ARE SIGNIFICANT ISSUES NOTED IN THE PROGRESS REPORT, STAFF WILL FOLLOW UP WITH THE GRANTEE BY PHONE OR WILL SCHEDULE A SITE VISIT TO DETERMINE THE BEST COURSE OF ACTION TO ADDRESS ANY CONCERNS. IF THERE ARE NO SIGNIFICANT ISSUES NOTED, STAFF ACKNOWLEDGES THE RECEIPT OF THE REPORT AND SCHEDULES THE SECOND DISBURSEMENT OF THE FUNDING (IF APPLICABLE). AT THE TERMINATION OF THE GRANT PERIOD, STAFF REVIEWS THE FINAL REPORT ON EACH PROJECT AND COMPLETES A CLOSE OUT REPORT. THIS REPORT SUMMARIZES THE FOLLOWING: A) PROJECT OBJECTIVES AND THE DEGREE TO WHICH THEY WERE ACHIEVED B) OBSERVATIONS ABOUT THE PROJECT'S SUCCESS OR LACK THEREOF C) FINANCIAL STATUS OF THE PROJECT THE CLOSE OUT REPORT ALSO PROVIDES AN OPPORTUNITY FOR GRANT MANAGEMENT STAFF TO ASSIGN A LETTER GRADE TO THE PROJECT AND INDICATE WHETHER THE GRANTEE IS A GOOD CANDIDATE FOR FUTHER FUNDING. IF THERE ARE ANY REMAINING FUNDS AT THE END OF THE GRANT PERIOD, GRANT MANAGEMENT STAFF WORKS WITH THE GRANTEE TO ENSURE THE RETURN OF THESE FUNDS TO TG. |
| UNEXPENDED GRANT FUNDS | FORM 990, SCHEDULE I, PART IV | GRANT REFUNDS - UNEXPENDED GRANT FUNDS AWARDED IN PREVIOUS YEARS RETURNED ARE REPORTED AS FOLLOWS: FRANKLIN & MARSHALL COLLEGE $84 McLennan Community College $29,389 Aims Community College $1,684 College Forward $51,459 Georgia Foundation for Independent Colleges $11,577 University of Utah $33 Newark City Schools $3,553 UNIVERSITY OF TEXAS AT SAN ANTONIO $5,818 University of the Incarnate Word $10,352 Tarleton State University $34,831 Scholarship America $111,636 Kent State University $736 NATIONAL COLLEGE ACCESS NETWOR $21,933 |
| ADDITIONAL INFORMATION | FORM 990, SCHEDULE I, PART IV | TG AWARDED COMPETITIVE GRANTS THROUGH ITS PUBLIC BENEFITS GRANT PROGRAM FOR THE 6TH CONSECUTIVE YEAR. FOR THE FISCAL YEAR 2011, TG AWARDED APPROXIMATELY $22 MILLION IN GRANTS TO ORGANIZATIONS TO ADVANCE COLLEGE ACCESS, STUDENT RETENTION AND EDUCATIONAL RESEARCH, INCLUDING NEARLY $5.9 MILLION IN GRANTS THROUGH ITS CHARLEY WOOTAN SCHOLARSHIP PROGRAM (SCHOLARSHIP AMERICA). |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | true | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (20 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUE C MCMILLIN | |||||||||||||
| 263192 | 0 | 88521 | 0 | 12114 | 0 | 22050 | 0 | 5773 | 0 | 391650 | 0 | 26267 | 0 |
| JAMES PATTERSON | |||||||||||||
| 194046 | 0 | 56980 | 0 | 414 | 0 | 17648 | 0 | 22277 | 0 | 291365 | 0 | 14688 | 0 |
| LLOYD DODGE | |||||||||||||
| 190369 | 0 | 51464 | 0 | 414 | 0 | 16904 | 0 | 5761 | 0 | 264912 | 0 | 14688 | 0 |
| DEANNE VARNER | |||||||||||||
| 191461 | 0 | 56164 | 0 | 774 | 0 | 16967 | 0 | 8756 | 0 | 274122 | 0 | 13872 | 0 |
| KIM M ALEXANDER | |||||||||||||
| 154743 | 0 | 27902 | 0 | 414 | 0 | 14029 | 0 | 12702 | 0 | 209790 | 0 | 7265 | 0 |
| PHILIP E FLORA | |||||||||||||
| 101055 | 0 | 27902 | 0 | 16859 | 0 | 12091 | 0 | 6484 | 0 | 164391 | 0 | 7265 | 0 |
| JOHN R ZANOT | |||||||||||||
| 130647 | 0 | 25480 | 0 | 270 | 0 | 12144 | 0 | 21638 | 0 | 190179 | 0 | 4843 | 0 |
| RINN D HARPER | |||||||||||||
| 127553 | 0 | 27902 | 0 | 270 | 0 | 11810 | 0 | 16629 | 0 | 184164 | 0 | 7265 | 0 |
| CAROL N LINDSEY | |||||||||||||
| 126255 | 0 | 24128 | 0 | 270 | 0 | 11421 | 0 | 12315 | 0 | 174389 | 0 | 6183 | 0 |
| PHILLIP E CERVIN | |||||||||||||
| 127304 | 0 | 26820 | 0 | 414 | 0 | 11343 | 0 | 19509 | 0 | 185390 | 0 | 6183 | 0 |
| CALVIN H ABBOTT | |||||||||||||
| 134739 | 0 | 22067 | 0 | 1188 | 0 | 12219 | 0 | 14644 | 0 | 184857 | 0 | 4122 | 0 |
| JAMES E ZIMMERMAN | |||||||||||||
| 122767 | 0 | 24128 | 0 | 270 | 0 | 11271 | 0 | 18661 | 0 | 177097 | 0 | 6183 | 0 |
| MARY O NEGRETE | |||||||||||||
| 127643 | 0 | 24128 | 0 | 774 | 0 | 11299 | 0 | 8299 | 0 | 172143 | 0 | 6183 | 0 |
| PAUL B DIAZ | |||||||||||||
| 127345 | 0 | 24128 | 0 | 774 | 0 | 11303 | 0 | 7301 | 0 | 170851 | 0 | 6183 | 0 |
| MARK J ZARSKY | |||||||||||||
| 128368 | 0 | 24128 | 0 | 270 | 0 | 11327 | 0 | 12419 | 0 | 176512 | 0 | 6183 | 0 |
| JACOB FRAIRE | |||||||||||||
| 111022 | 0 | 23218 | 0 | 270 | 0 | 9776 | 0 | 19546 | 0 | 163832 | 0 | 5273 | 0 |
| WILLIAM LOVEALL | |||||||||||||
| 122443 | 0 | 17070 | 0 | 414 | 0 | 10910 | 0 | 10415 | 0 | 161252 | 0 | 1465 | 0 |
| ANGEL CRUZ | |||||||||||||
| 117836 | 0 | 16923 | 0 | 414 | 0 | 10013 | 0 | 19704 | 0 | 164890 | 0 | 1318 | 0 |
| KARA THOMPSON | |||||||||||||
| 108414 | 0 | 20878 | 0 | 270 | 0 | 9622 | 0 | 12344 | 0 | 151528 | 0 | 5273 | 0 |
| BONNIE BRINKLEY | |||||||||||||
| 77196 | 0 | 19304 | 0 | 58335 | 0 | 8329 | 0 | 10348 | 0 | 173512 | 0 | 3662 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE J, PART I: QUESTIONS REGARDING COMPENSATION | Identifier |
| Explanation | PART I, LINE 4A: TG MADE A SEVERANCE PAYMENT IN THE AMOUNT OF $53,391 TO BONNIE BRINKLEY DURING FISCAL YEAR 2011. PART I, LINE 6A: TG'S BOARD OF DIRECTORS' APPROVED CORPORATE PERFORMANCE AWARD PROGRAM COMPENSATES ELIGIBLE EMPLOYEES BASED UPON PREDETERMINED FORMULAS. THE BOARD APPROVES THE TOTAL AWARD POOL FORMULA BEFORE THE BEGINNING OF THE FISCAL YEAR BASED ON THE ORGANIZATION ACHIEVING ITS CORPORATE GOALS, ONLY ONE OF WHICH IS NET EARNINGS. THE TOTAL AWARD POOL IS APPORTIONED TO EACH CORPORATE GOAL. THE PAYOUT RESULTING FROM ACHIEVING AT LEAST 85% OF EACH GOAL MAY INCREASE DEPENDING ON THE EXTENT TO WHICH THE GOAL IS EXCEEDED; HOWEVER, THE INCREASE IS CAPPED WHEN 120% OF GOAL IS ACHIEVED. ELIGIBLE EMPLOYEES INCLUDE ALL REGULAR EMPLOYEES WORKING A MINIMUM OF 20 HOURS PER WEEK, EMPLOYED AT THE END OF THE FISCAL YEAR, NOT PARTICIPATING IN ANOTHER DEPARTMENTAL INCENTIVE PLAN, AND MEETING MINIMUM PERFORMANCE STANDARDS. EACH EMPLOYEE'S PAYOUT IS BASED ON A FORMULA WHICH TAKES THE SALARY MIDPOINT FOR THAT INDIVIDUAL'S PAY GRADE INTO ACCOUNT. EVERYONE AT A PARTICULAR PAY GRADE WILL GET THE SAME AWARD AS LONG AS THEY ARE ELIGIBLE TO RECEIVE THE AWARD. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GENERAL STATEMENT 1 | FORM 990, PART III, MISSION STATEMENT | "TO BE THE PREMIER SOURCE OF INFORMATION, FINANCING AND ASSISTANCE TO HELP ALL FAMILIES AND STUDENTS REALIZE THEIR EDUCATION AND CAREER DREAMS." TEXAS GUARANTEED STUDENT LOAN CORP (TG) ADMINISTERS THE FEDERAL FAMILY LOAN PROGRAM (FFELP). |
| GENERAL STATEMENT 2 | FORM 990, PART III, LINE 4A, 4B, 4C, & 4D, DESCRIPTION OF PROGRAM SERVICES | FORM 990, PART III, LINE 4A: CUSTOMER SERVICE - TG PROVIDES SERVICES TO ASSIST STUDENTS AND FAMILIES AT ALL STAGES IN THE HIGHER EDUCATION EXPERIENCE. TG DELIVERS SOLUTIONS TO THOSE WHO ARE CONSIDERING THE HIGHER EDUCATION PATH, ATTENDING COLLEGE AND MANAGING LOAN REPAYMENT. TG STRIVES TO CONNECT STUDENTS WITH SUCCESS AT EVERY TURN. TO ACCOMPLISH THIS, TG HAS PARTNERED WITH STATE AGENCIES TO PROMOTE THE VALUE OF HIGHER EDUCATION AND TO INFORM STUDENTS AND FAMILIES ON AVAILABLE FINANCIAL AID OPTIONS. TG IS AN ACTIVE PLAYER IN THE HIGHER EDUCATION COMMUNITY'S EFFORTS TO CLOSE THE GAPS IN STUDENT AWARENESS, PARTICIPATION AND SUCCESS. EACH YEAR, TG PROVIDES ASSISTANCE UNDER THE CHARLEY WOOTAN GRANT PROGRAM TO STUDENTS WHO HAVE DIFFICULTY PURSUING THEIR HIGHER EDUCATION DREAMS BECAUSE OF FINANCIAL NEED. IN ADDITION TO THE NEARLY $5.9 MILLION AWARDED IN WOOTAN GRANTS, TG AWARDED $6.4 MILLION IN COMPETITIVE GRANTS TO 49 INSTITUTIONS AND NON-PROFITS TO ADVANCE ACCESS TO COLLEGE, STUDENT RETENTION, AND EDUCATIONAL RESEARCH. PURSUANT TO GRANT AGREEMENTS, AWARDS MAY BE DISBURSED ACROSS FISCAL YEARS. IN ADDITION, TG CONTRIBUTED $10 MILLION IN FISCAL YEAR 2011 FOR THE PURPOSE OF SUPPORTING THE TEXAS GRANT PROGRAM TO ASSIST IN MEETING QUALIFIED TEXAS STUDENTS' FINANCIAL NEEDS. TG ALSO ASSISTS SCHOOLS, LENDERS AND SERVICERS IN MANAGING THEIR FFELP PORTFOLIOS BY SHARING ITS KNOWLEDGE AND EXPERTISE IN POLICY AND PROGRAM COMPLIANCE AS WELL AS ASSISTING IN THE TRANSITION TO THE DIRECT LOAN PROGRAM BY DEVELOPING INDUSTRY-LEADING TRAINING AND TRANSITION SUPPORT MATERIALS. FORM 990, PART III, LINE 4B: COLLECTIONS - UPON DEFAULT CLAIM PAYMENT, TG IS STATUTORILY REQUIRED TO PURSUE COLLECTION EFFORTS ON BEHALF OF THE FEDERAL GOVERNMENT ON ALL TG-GUARANTEED STUDENT LOANS. TG WORKS WITH BORROWERS TO FIND THE BEST OPTION FOR THEM IN RESOLVING THEIR DEFAULT. OF PARTICULAR SUCCESS IS THE REHABILITATION PROGRAM IN WHICH BORROWERS HAVE THE OPPORTUNITY TO RESTORE THEIR CREDIT BY MAKING NINE RECURRING, SCHEDULED MONTHLY PAYMENTS ON THEIR STUDENT LOAN. WITH THE ASSISTANCE OF TG'S COLLECTIONS DIVISION, TG FACILITATED THE REHABILITATION OF OVER $202 MILLION IN DEFAULTED STUDENT LOANS IN FY11. TG RECOVERED APPROXIMATELY $630 MILLION ON DEFAULTED STUDENT LOANS. FORM 990, PART III, LINE 4C: DEFAULT PREVENTION - TG WORKS WITH STUDENT LOAN BORROWERS, LENDERS, SERVICERS, AND SCHOOLS TO HELP PREVENT DEFAULT THROUGHOUT THE STUDENT LOAN INDUSTRY. CONSISTING OF DEFAULT PREVENTION COUNSELORS AND OTHER SUPPORT STAFF, TG WORKS TO HELP BORROWERS RESOLVE LOANS THAT HAVE ENTERED DELINQUENCY, AND; HELPS HIGHER EDUCATION INSTITUTIONS MANAGE DEFAULT, A CONSIDERATION FOR MAINTAINING ELIGIBILITY TO PARTICIPATE IN FEDERAL STUDENT LOAN PROGRAMS. IN FY 11, TG AVERTED OVER $5 BILLION IN POTENTIAL STUDENT LOAN DEFAULTS - A RECORD AMOUNT. TG'S DEFAULT AVERSION CONSULTANTS PROVIDED TRAINING AND CONSULTING TO OVER 750 CAMPUS ADMINISTRATORS, AND PRESENTED DIRECT STUDENT-FACING SESSIONS TO CUMULATIVE AUDIENCES OF OVER 1000 STUDENTS. FORM 990, PART III, LINE 4D: CLAIMS - TG PROCESSES DEFAULT CLAIMS SUBMITTED BY LENDERS THAT HAVE BEEN UNSUCCESSFUL IN TRANSITIONING BORROWERS WITH DELINQUENT LOANS BACK INTO REPAYMENT. WHEN LENDERS MAKE CLAIMS ON TG-GUARANTEED LOANS, TG VERIFIES THE LENDER'S COMPLIANCE WITH FFEL PROGRAM REQUIREMENTS, AND, IF VALID, MANAGES THE PURCHASE OF THE LOAN FROM THE LENDER. IT IS AT THAT TIME THAT THE LOAN ENTERS TG'S PORTFOLIO FOR COLLECTION. IN FY11, TG PROCESSED CLAIMS TOTALING APPROXIMATELY $948 MILLION. LOAN GUARANTEE, SUPPORT AND REPORTING - TG MANAGES AND DELIVERS LOAN DATA TO INDUSTRY PARTICIPANTS, INCLUDING LENDERS AND SERVICERS, TO MEET FEDERAL REPORTING REQUIREMENTS; AND PROVIDES SUPPORT AND TRAINING ON TG'S WEB-BASED LOAN MANAGEMENT SOLUTIONS FOR PROGRAM PARTICIPANTS. |
| GOVERNING BODY AND MANAGEMENT | FORM 990, PART VI, SECTION A: | LINE 4, SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS: TG WAS ESTABLISHED BY THE TEXAS LEGISLATURE. TG HAS NO ARTICLES OF INCORPORATION; THE ENABLING STATUTE SERVES AS THE GOVERNING DOCUMENT. TG'S ENABLING STATUTE WAS AMENDED BY SB 1, 82ND LEGISLATURE, 1ST CALLED SESSION, EFFECTIVE SEPTEMBER 1, 2011, TO REDUCE THE NUMBER OF BOARD MEMBERS FROM 11 TO 9 AND TO MAKE THE BOARD CHAIRMAN A POSITION APPOINTED BY THE GOVERNOR RATHER THAN SELECTED BY THE BOARD. TG'S BYLAWS ARE CURRENTLY BEING AMENDED TO REFLECT THE CHANGE. LINE 7A, ELECTION OF MEMBERS OF THE GOVERNING BODY: THE BOARD OF DIRECTORS IS APPOINTED BY THE GOVERNOR OF THE STATE OF TEXAS AND APPROVED BY THE STATE OF TEXAS SENATE. |
| PROCESS OF REVIEWING THE 990 | FORM 990, PART VI, SECTION B, LINE 11A: | TG'S ACCOUNTING DEPARTMENT WORKS WITH ITS CPA FIRM TO PREPARE THE 990. ONCE A FINAL DRAFT IS AVAILABLE, IT IS SUBMITTED TO EXECUTIVE MANAGEMENT (INCLUDING THE CFO) FOR REVIEW. ONCE ALL QUESTIONS HAVE BEEN RESOLVED, THE RETURN, IN ITS FINAL FORM, IS PRESENTED TO THE TG BOARD OF DIRECTORS; AT WHICH TIME MANAGEMENT WILL HIGHLIGHT SIGNIFICANT SECTIONS OF THE RETURN AND ANSWER ANY QUESTIONS THAT MAY ARISE. |
| ENFORCEMENT OF CONFLICT OF INTERST POLICY | FORM 990, PART VI, SECTION B, LINE 12C: | TG'S CODE OF BUSINESS CONDUCT IS A POLICY WHICH ALL EMPLOYEES, OFFICERS AND DIRECTORS MUST AGREE TO. WITHIN THE CODE OF BUSINESS CONDUCT, MANAGERS, KEY EMPLOYEES, OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY BUSINESS INTERESTS OUTSIDE OF TG, AND REAFFIRM EACH YEAR. TG'S LEGAL COUNSEL PROACTIVELY REVIEWS AND ACTS ON POTENTIAL CONFLICTS. ACTUAL CONFLICTS, SHOULD THEY OCCUR, MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION AND POSSIBLE CRIMINAL PROSECUTION. TG TEAM MEMBERS ARE REQUIRED TO COMPLETE PERIODIC TRAINING AS IT RELATES TO TG'S CODE OF BUSINESS CONDUCT. |
| COMPENSATION DETERMINATION PROCESS | FORM 990, PART VI, SECTION B, LINE 15A & 15B | PART VI, LINE 15A: TEXAS GUARANTEED STUDENT LOAN CORP (TG) CONTRACTS WITH A THIRD PARTY CONSULTANT TO PROVIDE BENCHMARK DATA FOR TG EMPLOYEES AND OFFICERS, INCLUDING ANNUAL COMPENSATION STUDIES WHICH ARE PRESENTED TO THE TG BOARD OF DIRECTORS FOR THEIR REVIEW. THE THIRD PARTY COMPENSATION CONSULTANTS USE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS FOR BOTH OFFICERS AND KEY EMPLOYEES AT SIMILAR ORGANIZATIONS. DOCUMENTATION TO SUPPORT BENCHMARK DECISIONS REGARDING COMPENSATION ARRANGEMENTS FOR ALL EMPLOYEES IS RETAINED. THE OFFICER AND EMPLOYEE POSITIONS FOR WHICH THE BENCHMARKING PROCESS IS USED TO ESTABLISH COMPENSATION OCCURS ANNUALLY. PART VI, LINE 15B: COMPENSATION PROCESS FOR OFFICERS TG FOLLOWS THE SAME PROCEDURE AS LISTED IN FORM 990, PART VI, SECTION B, LINE 15A. |
| DISCLOSURE OF DOCUMENTS | Form 990, Part VI, Section C, line 18: | TG'S CODE OF BUSINESS CONDUCT, AS WELL AS ITS ANNUAL REPORT, IS AVAILABLE TO ALL EMPLOYEES AND THE GENERAL PUBLIC VIA TG'S WEBSITE, WWW.TGSLC.ORG, OR UPON REQUEST. |
| GENERAL STATEMENT 3 | FORM 990, PART VII, SECTION B: INDEPENDENT CONTRACTORS | NAME AND ADDRESS DESCRIPTION OF SERVICES COMPENSATION -------------------------------------------------------------------- ACCOUNT CONTROL TECH. DEBT COLLECTOR 2,940,906. 6918 OWENSMOUTH AVE. CANOGA PARK, CA 91309 GENERAL REVENUE CORP DEBT COLLECTOR 2,321,040. 11501 NORTHLAKE PL CINCINNATI, OH 45249 REGIONAL ADJUSTMENT BUREAU DEBT COLLECTOR 1,829,195. 3009 Davis Plantation Arlington, TN 38002 Education Assistance SVCS DEBT COLLECTOR 2,519,936. 3500 C Wadley PL STE 301 Austin, TX 78728 C&T CONSULTING IT PROGRAMMING 1,510,481. 8140 N MOPAC AUSTIN, TX 78759 ---------------- TOTAL COMPENSATION 11,121,558. ---------------- |
| GENERAL STATEMENT 4 | FORM 990, PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES DURING THE YEAR. UNREALIZED GAIN ON INVESTMENTS $6,741,944 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATION ASSISTANCE SERVICES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6714 | AddressLine1 |
| City | ROUND ROCK | City |
| State | TX | State |
| ZIP Code | 78683 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742748786 | EIN |
| Primary Activity | COLLECTION AG | PrimaryActivity |
| Legal Domicile State | TX | LegalDomicileState |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 2485699 | ShareOfTotalIncome |
| Share Of EOY Assets | 522417 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | true | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| EDUCATION ASSISTANCE SERVICES INC | |
| A, I | 44963 |
| EDUCATION ASSISTANCE SERVICES INC | |
| F | 505 |
| EDUCATION ASSISTANCE SERVICES INC | |
| C, L, | 339766 |
| EDUCATION ASSISTANCE SERVICES INC | |
| K | 2519936 |