TEXAS COUNTY TECHNICAL INSTITUTE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
TEXAS COUNTY TECHNICAL INSTITUTE (EIN 43-1742297)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-03
IRS object ID
202321239349301762
Schema version
2021v4.2
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

FieldValueIRS element (for citing)
Return2023-05-03T10:54:29-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN050568611PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SALMON SIMS THOMAS & ASSOCIATES PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112720 HILLCREST ROAD SUITE 500AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP752302039ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431742297EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TEXAS COUNTY TECHNICAL INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTEXABusinessNameControlTxt
Phone4177775062PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 592AddressLine1Txt
CityBOLIVARCityNm
State AbbreviationMOStateAbbreviationCd
ZIP65613ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLOTTE GRAYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4177775062PhoneNum
Signature2023-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHARLOTTEPersonFirstNm
Person LastGRAYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM H SIMSPreparerPersonNm
PTINP00004539PTIN
Phone9723921143PhoneNum
Preparation2023-05-01PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1BOLIVAR TECHNICAL COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerCHARLOTTE GRAYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 592AddressLine1Txt
CityBOLIVARCityNm
State AbbreviationMOStateAbbreviationCd
ZIP65613ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,613,379GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BOLIVARCOLLEGE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionEDUCATIONActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$244,929PYContributionsGrantsAmt
CY Contributions Grants$1,357,145CYContributionsGrantsAmt
PY Program Service Revenue$2,345,824PYProgramServiceRevenueAmt
CY Program Service Revenue$1,967,214CYProgramServiceRevenueAmt
PY Investment Income$156,851PYInvestmentIncomeAmt
CY Investment Income$25,171CYInvestmentIncomeAmt
PY Other Revenue$41,667PYOtherRevenueAmt
CY Other Revenue$95,618CYOtherRevenueAmt
PY Total Revenue$2,789,271PYTotalRevenueAmt
CY Total Revenue$3,445,148CYTotalRevenueAmt
PY Grants And Similar Paid$217,807PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$50,940CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,290,035PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,480,586CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$975,528PYOtherExpensesAmt
CY Other Expenses$1,792,346CYOtherExpensesAmt
PY Total Expenses$2,483,370PYTotalExpensesAmt
CY Total Expenses$3,323,872CYTotalExpensesAmt
PY Revenues Less Expenses$305,901PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$121,276CYRevenuesLessExpensesAmt
Total Assets BOY$2,244,742TotalAssetsBOYAmt
Total Assets EOY$2,454,776TotalAssetsEOYAmt
Total Liabilities BOY$390,490TotalLiabilitiesBOYAmt
Total Liabilities EOY$407,074TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,854,252NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,047,702NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEDUCATIONMissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$867,792ExpenseAmt
Grant$50,940GrantAmt
Revenue$2,012,832RevenueAmt
Desc- THE COLLEGE OFFERS HEALTHCARE RELATED PROGRAMS FROM CERTIFICATE LEVEL TO BACHELORS DEGREE PROGRAMS AS WELL AS CONTINUING EDUCATION COURSES. PROGRAMS INCLUDE PROFESSIONAL NURSING BOTH ASSOCIATE AND BACHELORS LEVEL (RN), PRACTICAL NURSING (LPN), MEDICAL ASSISTANT, NURSE ASSISTANT (CNA), AND MEDICATION TECHNICIAN (CMT). THE COLLEGE IS PRIMARILY A RESIDENTIAL CAMPUS HOWEVER RECENTLY EXPANDED TO DISTANCE EDUCATION.- OUR STUDENT POPULATION IS PRIMARILY NON-TRADITIONAL STUDENTS WHO ARE WORKING PARENTS WITH THE GOAL TO PURSE A CAREER IN HEALTHCARE FOCUSED ON PATIENT CARE. WE HAVE A HIGH PELL RECIPIENT POPULATION, MANY SINGLE PARENTS, AND UNDEREMPLOYED.Desc
Total Program Service Expenses$867,792TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee40EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RACHAEL HENEISE SECRETARYTREASURERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4177775062PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 592AddressLine1Txt
CityBOLIVARCityNm
State AbbreviationMOStateAbbreviationCd
ZIP65613ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHARLOTTE GRAY
PRESIDENT60.00Yes (X)Yes (X)$183,614$0$23,025
DR WILLIAM GRAY
VICE PRESIDENT35.00Yes (X)Yes (X)$74,069$0$15,297
RACHAEL HENEISE
SECRETARY/TREASURER40.00Yes (X)Yes (X)$58,757$0$9,423
FieldValueIRS element (for citing)
Total Reportable Comp From Org$316,440TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$47,745TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$1,356,030GovernmentGrantsAmt
All Other Contributions$1,115AllOtherContributionsAmt
Noncash Contributions$1,115NoncashContributionsAmt
Total Contributions$1,357,145TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION & FEESDesc
Business611519BusinessCd
Total Revenue Column$1,967,214TotalRevenueColumnAmt
Related Or Exempt Func Income$1,967,214RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,967,214TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,402TotalRevenueColumnAmt
Exclusion$21,402ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$50,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$50,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,000TotalRevenueColumnAmt
Exclusion$50,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$16,500OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$12,731OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$3,769OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,769TotalRevenueColumnAmt
Exclusion$3,769ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$199,954GrossSalesOfInventoryAmt
Cost Of Goods Sold$155,500CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,454TotalRevenueColumnAmt
Related Or Exempt Func Income$44,454RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business611519BusinessCd
Total Revenue Column$1,164TotalRevenueColumnAmt
Related Or Exempt Func Income$1,164RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,164OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,445,148TotalRevenueColumnAmt
Related Or Exempt Func Income$2,012,832RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$75,171ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,940TotalAmt
Program Services$50,940ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$368,218TotalAmt
Management And General$368,218ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$50,498TotalAmt
Management And General$50,498ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$859,831TotalAmt
Program Services$578,592ProgramServicesAmt
Management And General$281,239ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$50,939TotalAmt
Program Services$25,842ProgramServicesAmt
Management And General$25,097ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$64,411TotalAmt
Program Services$36,610ProgramServicesAmt
Management And General$27,801ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$86,689TotalAmt
Program Services$40,047ProgramServicesAmt
Management And General$46,642ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,808TotalAmt
Management And General$11,808ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,500TotalAmt
Management And General$15,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$52,632TotalAmt
Program Services$90ProgramServicesAmt
Management And General$52,542ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$81,958TotalAmt
Management And General$81,958ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,525TotalAmt
Management And General$36,525ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$349,112TotalAmt
Management And General$349,112ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,913TotalAmt
Management And General$20,913ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$805TotalAmt
Management And General$805ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$101,946TotalAmt
Management And General$101,946ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,505TotalAmt
Program Services$3,677ProgramServicesAmt
Management And General$6,828ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
CARES ACT INSTITUTIONAL$978,648$978,648
DIAGNOSTIC TESTING EXPE$96,874$96,874
PROGRAM SUPPLIES$28,320$28,320
STUDENT LIABILITY INSUR$3,409$3,409

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,391TotalAmt
Program Services$3,391ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,323,872TotalAmt
Program Services$867,792ProgramServicesAmt
Management And General$2,456,080ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$98,695BOYAmt
EOY$153,688EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$628,756BOYAmt
EOY$883,600EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$77,282BOYAmt
EOY$58,970EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$3,183BOYAmt
EOY$5,119EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$34,154BOYAmt
EOY$24,994EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,686,522LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$963,376LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$765,243BOYAmt
EOY$723,146EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$325,423BOYAmt
EOY$293,253EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$312,006BOYAmt
EOY$312,006EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,244,742BOYAmt
EOY$2,454,776EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$127,029BOYAmt
EOY$239,442EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$219,063BOYAmt
EOY$139,554EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$44,398BOYAmt
EOY$28,078EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$390,490BOYAmt
EOY$407,074EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,854,252BOYAmt
EOY$2,047,702EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,854,252BOYAmt
EOY$2,047,702EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,244,742BOYAmt
EOY$2,454,776EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$121,276ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$50,704NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$122,878PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$227,000OtherCostOrOtherBasisAmt
Book Value$227,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$550,282OtherCostOrOtherBasisAmt
Depreciation$262,206DepreciationAmt
Book Value$288,076BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$818,052OtherCostOrOtherBasisAmt
Depreciation$644,785DepreciationAmt
Book Value$173,267BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$91,188OtherCostOrOtherBasisAmt
Depreciation$56,385DepreciationAmt
Book Value$34,803BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$723,146TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescANNUITYDesc
Book Value$312,006BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$312,006TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$3,549,944TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$50,704NetUnrealizedGainsInvstAmt
Other Revenue$155,500OtherRevenueAmt
Revenue Not Reported$104,796RevenueNotReportedAmt
Revenue Subtotal$3,445,148RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,445,148TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,479,372TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$155,500OtherExpensesIncludedAmt
Expenses Not Reported$155,500ExpensesNotReportedAmt
Expenses Subtotal$3,323,872ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,323,872TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 155,500.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 155,500.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3OUR RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED BY BEING PUBLISHED IN OUR STUDENT CATALOG, WEBSITE AND EMPLOYEE HANDBOOK. ALL STUDENTS RECEIVE COPIES OF THE NONDISCRIMINATORY POLICY DURING ORIENTATION.
SCHEDULE E, PART I, LINE 6WE RECEIVE FINANCIAL AID ON STUDENTS (PELL, LOANS) AND WE HAVE RECEIVED CARES ACT FUNDS (INSTITUTIONAL AND STUDENT) THAT WERE SPENT AND NO REMAINING BALANCES REMAIN.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BTC EDUCATION FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11135 N OAKLAND AVEAddressLine1Txt
CityBOLIVARCityNm
State AbbreviationMOStateAbbreviationCd
ZIP65613ZIPCd
FieldValueIRS element (for citing)
Recipient EIN851082147RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$50,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantGRANTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCHARLOTTE GRAYPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$183,614BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$7,071DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$15,954NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$206,639TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationAPPROVAL AT MEETING OF BOARD OF DIRECTORSExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonHALEIGH GRAYPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDAUGHTER-IN-LAW OF BOARD PRESIDENT/VPRelationshipDescriptionTxt
Transaction$50,498TransactionAmt
TransactionEMPLOYEE COMPENSATIONTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2O BEGAN THE RN TO BSN COMPLETION PROGRAM ON JANUARY 10, 2022. THIS PROGRAM CHANGED BOLIVAR TECHNICAL COLLEGE FROM AN ASSOCIATES DEGREE GRANTING COLLEGE TO A BACHELOR'S DEGREE GRANTING COLLEGE AND APPROVED FOR DISTANCE EDUCATION. IN ADDITION, THIS PROGRAM IS 100% ONLINE THEREFORE CHANGING THE COLLEGE FROM A 100% RESIDENTIAL COLLEGE TO OFFERING RESIDENTIAL AND ONLINE. O RECEIVED APPROVAL FROM MISSOURI STATE BOARD OF NURSING ON MAY 25, 2022 TO INCREASE ENROLLMENT CAPACITY FROM EVERY FALL SEMESTER OF 31 STUDENTS TO 62 STUDENTS, BEGINNING WITH FALL 2022 PROFESSIONAL NURSING (RN) COHORT. THE ADDITIONAL 8 BRIDGE SEATS STILL REMAIN APPROVED (THIS MEANS WE CAN ACCEPT 62 STUDENTS EVERY FALL, ADD 8 BRIDGE STUDENTS AT SECOND YEAR, EQUALING 70 STUDENTS TO POTENTIALLY GRADUATE EACH YEAR).
FORM 990, PART VI, SECTION A, LINE 2THE PRESIDENT, CHARLOTTE GRAY, AND VICE PRESIDENT, DR. WILLIAM GRAY, ARE HUSBAND AND WIFE. THE SECRETARY/TREASURER, RACHAEL HENEISE IS THEIR DAUGHTER.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE PRESIDENT AND THE ACCOUNTANT PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12COFFICERS AND DIRECTORS ARE CONTACTED ON A REGULAR BASIS.
FORM 990, PART VI, SECTION B, LINE 15THERE IS AN ANNUAL REVIEW OF ALL EMPLOYEE SALARIES. ADJUSTMENTS ARE MADE BY THE DEPARTMENT HEADS AND PRESIDENT. OFFICER SALARIES ARE REVIEWED AN APPROVED IN BOARD MEETINGS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIALS ARE MADE AVAILABLE UPON REQUEST BY INTERESTED PARTIES.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.