The TSTC Foundation
The TSTC Foundation
EIN: 75-2892470
as of September 2023
as of September 18, 2023
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Helping Hands
Helping Hands scholarships offers emergency aid to students at any campus to cover essential needs. This critical funding gives students the opportunity to focus on their programs instead of financial burdens that may keep them from finishing their classes.
Where we work
External reviews

Our results
How does this organization measure their results? It's a hard question but an important one.
Number of endowments
This metric is no longer tracked.Totals By Year
Type of Metric
Other - describing something else
Direction of Success
Increasing
Context Notes
Endowment Scholarships benefiting students
Goals & Strategy
Reports and documents
Download strategic planLearn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Institutional Advancement is the strategic, integrated method of managing relationships
to increase understanding and support among the College’s key constituents, including
alumni, Industry partners, government policy makers, the media, members of the
community, and philanthropic entities of all types.
1. Increase cash gifts by 15%.
-FY 22 adjusted cash gift was 11% above FY22 goals
2. Recover 20% of all lapsed donors.
-FY 22 recovered 26% Industry Average was 5%
3. Maintain donor retention rate of 50%.
-FY 22 goal was 10%, achieved 52% Industry average was 40-45%
What are the organization's key strategies for making this happen?
This operational plan is written to directly support the purpose of promoting the interests and welfare of Texas
State Technical College, and to develop community, corporate, and legislative support by raising
and managing private resources supporting the mission and priorities of the College and to
provide a culture of institutional excellence unavailable solely with state appropriated funds.
1. Formalize processes and procedures for past successes such as Private
Foundation engagement, Economic Development partnerships, special
projects, and more.
2. Generate warm lead outreach system in which all lapsed donors will be
contacted via those within The TSTC Foundation of whom they have an
established relationship.
3. Work cross-functionally with FDOs and Career Services to implement top tier
custom engagement plans utilizing the Council of Advocates, advisory
boards, and VIP events at the local and statewide level.
4. Understand which communication channels are available to us and how best
to utilize them for outreach about donor opportunities.
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
0.58
Months of cash in 2022 info
16.4
Fringe rate in 2022 info
0%
Funding sources info
Assets & liabilities info
Financial data
The TSTC Foundation
Balance sheetFiscal Year: Sep 01 - Aug 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Sep 01 - Aug 31
This snapshot of The TSTC Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $4,241,426 | -$550,939 | -$109,926 | $1,139,192 | -$467,111 |
As % of expenses | 22.8% | -20.9% | -3.6% | 48.9% | -15.4% |
Unrestricted surplus (deficit) after depreciation | $4,241,426 | -$550,939 | -$109,926 | $1,139,192 | -$467,111 |
As % of expenses | 22.8% | -20.9% | -3.6% | 48.9% | -15.4% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $25,195,486 | $1,926,845 | $4,529,671 | $4,358,639 | $4,293,165 |
Total revenue, % change over prior year | 688.5% | -92.4% | 135.1% | -3.8% | -1.5% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.3% | 6.9% | 2.9% | 2.5% | 4.1% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 105.7% | 102.3% | 106.3% | 81.4% | 95.3% |
Other revenue | -6.0% | -9.2% | -9.2% | 16.2% | 0.5% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $18,639,909 | $2,637,909 | $3,015,499 | $2,328,798 | $3,027,427 |
Total expenses, % change over prior year | 933.6% | -85.8% | 14.3% | -22.8% | 30.0% |
Personnel | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Professional fees | 0.6% | 4.1% | 3.7% | 4.9% | 4.3% |
Occupancy | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 98.7% | 90.5% | 92.4% | 88.7% | 88.4% |
All other expenses | 0.7% | 5.4% | 3.9% | 6.5% | 7.3% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $18,639,909 | $2,637,909 | $3,015,499 | $2,328,798 | $3,027,427 |
One month of savings | $1,553,326 | $219,826 | $251,292 | $194,067 | $252,286 |
Debt principal payment | $2,971,209 | $3,119,987 | $2,688,980 | $0 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $23,164,444 | $5,977,722 | $5,955,771 | $2,522,865 | $3,279,713 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 3.2 | 23.4 | 24.1 | 45.1 | 16.4 |
Months of cash and investments | 4.7 | 35.4 | 35.7 | 64.6 | 72.1 |
Months of estimated liquid unrestricted net assets | 4.3 | 28.2 | 24.2 | 37.2 | 26.8 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $5,016,978 | $5,154,508 | $6,062,356 | $8,761,215 | $4,129,744 |
Investments | $2,254,730 | $2,635,417 | $2,916,444 | $3,780,552 | $14,064,703 |
Receivables | $29,721,143 | $25,706,718 | $24,214,571 | $38,540,802 | $30,291,715 |
Gross land, buildings, equipment (LBE) | $1,083,130 | $124,393 | $124,393 | $124,393 | $124,393 |
Accumulated depreciation (as a % of LBE) | 33.5% | 0.0% | 0.0% | 0.0% | 0.0% |
Liabilities (as a % of assets) | 63.2% | 60.9% | 55.4% | 67.7% | 64.7% |
Unrestricted net assets | $6,743,989 | $6,193,050 | $6,083,124 | $7,222,316 | $6,755,205 |
Temporarily restricted net assets | $5,661,785 | $5,384,110 | N/A | N/A | N/A |
Permanently restricted net assets | $1,456,626 | $1,580,171 | N/A | N/A | N/A |
Total restricted net assets | $7,118,411 | $6,964,281 | $8,766,786 | $9,329,049 | $10,390,221 |
Total net assets | $13,862,400 | $13,157,331 | $14,849,910 | $16,551,365 | $17,145,426 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Chief Executive Officer
Mrs. Beth Wooten
Number of employees
Source: IRS Form 990
The TSTC Foundation
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
The TSTC Foundation
Board of directorsas of 09/12/2023
Board of directors data
Harold Rafuse
Cary "Mac" Abney
Roland Adamson
Jonathan Newton
Derek Benavides
Charlie Hervey
Charlie Rigney
Jerold Nichols
Larry Gonzales
Mark Robinson
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data