TEXAS COUNTY TECHNICAL INSTITUTE

EIN: 431742297 501(c)(3) Education

BOLIVAR, MO

Total Revenue
$3,361,781
Total Expenses
$3,220,846
Total Assets
$3,128,372
Net Assets
$2,527,486
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MO
Principal Officer
CHARLOTTE GRAY
Phone
4177775062
Tax Period
2024-07-01 to 2025-06-30

TEXAS COUNTY TECHNICAL INSTITUTE, founded in 1996, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2024. Expenses of $3.2M left a modest 4% surplus.

Mission

BOLIVAR TECHNICAL COLLEGE IS A POSTSECONDARY INSTITUTION DEDICATED TO PROVIDING CAREER-FOCUSED EDUCATION THAT PREPARES STUDENTS FOR EMPLOYMENT IN THE HEALTHCARE FIELD, WITH A PRIMARY EMPHASIS ON NURSING EDUCATION. THE COLLEGE SERVES INDIVIDUALS SEEKING TO ENTER OR ADVANCE WITHIN THE HEALTHCARE WORKFORCE BY OFFERING PRACTICAL, SKILLS-BASED TRAINING ALIGNED WITH INDUSTRY NEEDS.BOLIVAR TECHNICAL COLLEGE IS COMMITTED TO COMMUNITY ENGAGEMENT AND WORKFORCE DEVELOPMENT, ENSURING ITS EDUCATIONAL OFFERINGS ALIGN WITH REGIONAL HEALTHCARE DEMANDS. THROUGH ITS PROGRAMS, THE COLLEGE CONTRIBUTES TO STRENGTHENING THE HEALTHCARE WORKFORCE AND IMPROVING THE OVERALL WELL-BEING OF THE COMMUNITIES IT SERVES.

Program Service Accomplishments

Program 1
Expenses: $2,084,839 Revenue: $2,922,372

THE COLLEGE OFFERS NURSING PROGRAMS FROM CERTIFICATE TO BACHELOR'S DEGREE LEVEL. PROGRAMS INCLUDE PRACTICAL NURSING (LPN), PROFESSIONAL NURSING (RN), AND RN TO BSN COMPLETION (BSN). THE COLLEGE HAS...

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THE COLLEGE OFFERS NURSING PROGRAMS FROM CERTIFICATE TO BACHELOR'S DEGREE LEVEL. PROGRAMS INCLUDE PRACTICAL NURSING (LPN), PROFESSIONAL NURSING (RN), AND RN TO BSN COMPLETION (BSN). THE COLLEGE HAS ON-CAMPUS, HYBRID, AND ONLINE ENROLLMENT. IN SPRING 2022, THE COLLEGE ADDED THE RN TO BSN COMPLETION PROGRAM, 100% ONLINE PROGRAM. IN MAY 2024, THE COLLEGE WAS APPROVED BY THE MISSOURI STATE BOARD OF NURSING TO INCREASE ENROLLMENT IN THE PROGRAMS. ALSO, IN MAY 2024, THE COLLEGE BEGAN OFFERING TWO OPTIONS FOR THE PRACTICAL NURSING PROGRAM: A 3-SEMESTER TRACK AND A 4-SEMESTER TRACK. IN APRIL 2025, THE COLLEGE REQUESTED APPROVAL TO OFFER MORE HYBRID CLASSES, ENABLING THE WORKING ADULT MORE FLEXIBILITY. THE REQUEST WAS APPROVED AND STARTED IN JANUARY 2026.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $343,000
Program Service Revenue $2,892,532
Investment Income $39,586
Other Revenue $86,663
TOTAL REVENUE $3,361,781

Expense Breakdown

Grants Paid $3,938
Salaries & Benefits $1,728,097
Fundraising Expenses $0
Program Expenses $2,084,839
Other Expenses $1,488,811
TOTAL EXPENSES $3,220,846

Year-over-Year Comparison

2024 2023 Change
Revenue $3,361,781 $3,327,731 +0.0%
Expenses $3,220,846 $3,168,722 +0.0%
Net Income $140,935 $159,009 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
40
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$463,666
Total Directors
3
$463,666
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLOTTE GRAY PRESIDENT 60.00
Officer Director
$200,571 $23,868 $224,439
DR WILLIAM GRAY VICE PRESIDENT 35.00
Officer Director
$157,102 $6,816 $163,918
RACHAEL HENEISE SECRETARY/TREASURER 40.00
Officer Director
$65,200 $10,109 $75,309
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,361,781 $3,220,846 $3,128,372 $140,935
2024 $3,327,731 $3,168,722 $3,000,351 $159,009
2023 $2,748,687 $2,886,007 $2,829,226 $-137,320
2022 $3,445,148 $3,323,872 $2,454,776 $121,276
2021 $2,789,271 $2,483,370 $2,244,742 $305,901
2020 $3,109,577 $2,822,079 $2,540,461 $287,498
2019 $3,042,141 $2,838,299 $1,661,366 $203,842
2018 $2,773,586 $2,827,583 $1,453,059 $-53,997
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