THE AMARILLO COLLEGE FOUNDATION (EIN 756029084) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

CHRIS SHARP

Phone

8063715007

Tax Period

2023-09-01 to 2024-08-31

THE AMARILLO COLLEGE FOUNDATION, founded in 1962, is a community nonprofit that reported $9.0M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4.7M, a strong 53% operating margin.

Mission

THE AMARILLO COLLEGE FOUNDATION IS A NON-PROFIT AND TAX EXEMPT FOUNDATION WHICH SEEKS TO PROMOTE EXCELLENCE AT AMARILLO COLLEGE. THE ORGANIZATION WAS ORGANIZED TO OBTAIN GIFTS AND GRANTS TO BE USED FOR THE DEVELOPMENT OF AMARILLO COLLEGE. THE ORGANIZATION AWARDS SCHOLARSHIPS AND MAKES LOANS TO STUDENTS AT AMARILLO COLLEGE WHO ARE WITHOUT BANKING OR OTHER CREDIT PRIVILEGES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,790,965

Program Service Revenue $0

Investment Income $6,065,046

Other Revenue $94,386

TOTAL REVENUE $8,950,397

Expense Breakdown

Grants Paid $2,499,679

Salaries & Benefits $0

Fundraising Expenses $13,668

Program Expenses $3,281,214

Other Expenses $1,720,447

TOTAL EXPENSES $4,220,126

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,950,397	$12,503,294	-0.3%
Expenses	$4,220,126	$3,932,203	+0.1%
Net Income	$4,730,271	$8,571,091	-0.4%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$683,465

Total Directors

$285,358

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS SHARP	DIR. / TREASURER	0.75	Officer Director	$0	$23,259	$184,631
LESLEY INGHAM	DIR. / FACULTY REP	0.75	Director	$0	$18,726	$100,727
EMILY HALL	CHAIRMAN	0.75	Officer Director	$0	$0	$0
JOHN MCELYEA	VICE CHAIRMAN	0.75	Officer Director	$0	$0	$0
MARK SHAFFER	SECRETARY	0.75	Officer Director	$0	$0	$0
ALICIA RAFFKIND	DIRECTOR	0.75	Director	$0	$0	$0
BEKAH MCWHORTER	DIRECTOR	0.75	Director	$0	$0	$0
CHRIS JENSEN	DIRECTOR	0.75	Director	$0	$0	$0
CONNIE WOOTTON	DIRECTOR	0.75	Director	$0	$0	$0
COURTNEY VANDERHAM	DIRECTOR	0.75	Director	$0	$0	$0
DAVID TERRY	DIRECTOR	0.75	Director	$0	$0	$0
ERIC DARNELL	DIRECTOR	0.75	Director	$0	$0	$0
GREG GRAHAM	DIRECTOR	0.75	Director	$0	$0	$0
JENTRY WILLIAMS	DIRECTOR	0.75	Director	$0	$0	$0
JOAN URBAN	DIRECTOR	0.75	Director	$0	$0	$0
JOHNNY MIZE	DIR. / AC BOARD REGENT	0.75	Director	$0	$0	$0
MICHELE FORTUNATO	DIRECTOR	0.75	Director	$0	$0	$0
PATRICK LOVELADY	DIRECTOR	0.75	Director	$0	$0	$0
PAULA GIBSON	DIRECTOR	0.75	Director	$0	$0	$0
REGAN CAVINESS	DIRECTOR	0.75	Director	$0	$0	$0
SHEILA SIMS	DIRECTOR	0.75	Director	$0	$0	$0
TITIANA D FRAUSTO	DIRECTOR	0.75	Director	$0	$0	$0
CHRISTINE SKINNER	INTERIM PRESIDENT	0.75	Officer	$0	$13,794	$198,000
JOE BILL SHERROD	VP INST. ADVANCEMENT	0.75	Officer	$0	$19,196	$183,225
TRACY DOUGHERTY	COO	40.00	Officer	$0	$17,413	$117,609

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	No data	No data	No data	No data
2024	$8,950,397	$4,220,126	$91,183,526	$4,730,271
2023	$12,503,294	$3,932,203	$80,147,664	$8,571,091
2022	$3,740,660	$3,231,337	$65,720,655	$509,323
2021	$18,796,442	$2,434,445	$75,165,008	$16,361,997
2020	$2,918,881	$2,384,179	$48,733,904	$534,702
2019	$2,830,989	$2,361,271	$42,524,565	$469,718
2018	$7,192,930	$2,218,334	$42,608,121	$4,974,596

THE AMARILLO COLLEGE FOUNDATION