Bosque Higher Education Authority Inc: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
Bosque Higher Education Authority Inc (EIN 74-2534099)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-05-05
IRS object ID
201401259349302000
Schema version
2012v2.3
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)
Timestamp2014-05-05T15:22:06-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1401 CONGRESS AVE SUITE 1800AddressLine1
CityAUSTINCity
StateTXState
ZIP Code78701ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN742534099EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BOSQUE HIGHER EDUCATION AUTHORITY INCBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% RICKY TURMAN CFO EVPInCareOfName
Name ControlBOSQNameControl
Phone2547530915Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1308AddressLine1
Address Line2SuiteAddressLine2
CityWACOCity
StateTXState
ZIP Code76703ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRicky TurmanName
TitleEVP & CFOTitle
Date Signed2014-05-02DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Phone5124789881Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonRICKY TURMANNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line12600 WASHINGTON AVENUEAddressLine1
CityWACOCity
StateTXState
ZIP Code76710ZIPCode
FieldValueIRS element (for citing)
Gross Receipts205428GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.brazos.us.comWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1989YearFormation
State Legal DomicileTXStateLegalDomicile
Activity Or Mission DescriptionBosque's mission is to make education a reality by supporting programs and initiatives to finance educational opportunities.ActivityOrMissionDescription
Nbr Voting Members Governing Body9NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year1225775ProgramServiceRevenuePriorYear
Program Service Revenue CY205414ProgramServiceRevenueCY
Investment Income Prior Year102InvestmentIncomePriorYear
Investment Income Current Year14InvestmentIncomeCurrentYear
Other Revenue Prior Year2004531OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year3230408TotalRevenuePriorYear
Total Revenue Current Year205428TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year761055OtherExpensePriorYear
Other Expenses Current Year71652OtherExpensesCurrentYear
Total Expenses Prior Year761055TotalExpensesPriorYear
Total Expenses Current Year71652TotalExpensesCurrentYear
Revenues Less Expenses Prior Year2469353RevenuesLessExpensesPriorYear
Revenues Less Expenses CY133776RevenuesLessExpensesCY
Total Assets BOY6841033TotalAssetsBOY
Total Assets EOY6641815TotalAssetsEOY
Total Liabilities BOY1962391TotalLiabilitiesBOY
Total Liabilities EOY1629397TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY4878642NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5012418NetAssetsOrFundBalancesEOY
Mission DescriptionBosque is a secondary market of college student loans under the Federal Family Education Loan Program (FFELP). Bosque's mission is to make education a reality by supporting programs and initiatives to finance educational opportunities.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense71652Expense
Grants0Grants
Revenue205414Revenue
DescriptionBOSQUE serviced over 893 loans totaling over $4,900,000 under the Title IV Federal Family Education Loan Program (FFELP) and other alternative student loan programs. This included over $2,500,000 of Title IV loans and over $2,300,000 of alternative loans. These loans were funded with Company funds.Description
Total Program Service Expense71652TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntitytrueRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members9NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiestrueDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonRICKY TURMAN CFO EVPNamePerson
Telephone Number2547530915TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line12600 Washington AvenueAddressLine1
CityWacoCity
StateTXState
ZIP Code76710ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (20 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
John Perry
Director1.04.0X000
Paul Marable Jr
Director1.07.0X000
Mrs Joyce Packard
Vice Chairman1.010.0X000
Norman L Hay Jr
Director1.02.0X000
David Smith Jr
Chairman1.07.0X000
Dr Joseph Velez
Director1.03.0X000
Dr Terry Maness
Director1.04.0X000
Dr Dennis Michaelis
Director1.05.0X000
Claude Ervin
Director1.03.0X000
Murray Watson
President1.049.00109955133270X
Ricky Turman
EVP / CFO1.049.0045130245418X
Ellis Tredway
EVP, Chief Operations Officer1.049.0030985038925X
Thomas Litle
Senior Vice President1.047.0027851230756X
Tammy Harralson
Controller/VP1.049.0019128528505X
Daniel Reyna
Internal Audit Director1.047.0013561720396X
James McInnis
Treasurer1.048.0010044519370X
Susan Davis
Assistant Secretary1.049.007116816233X
Ray Rushing
Secretary1.048.0000X
David Horner
EVP1.047.0050611041505X
Kelli Villarrial
VP, Associate General Counsel1.047.0026478131265X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs3408621TotalReportableCompFrmRltdOrgs
Total Other Compensation305643TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Total Contributions0TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionYield on student loan notes receivableDescription
Business Code522294BusinessCode
Total Revenue Column205414TotalRevenueColumn
Related Or Exempt Function Income205414RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue205414TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column14TotalRevenueColumn
Exclusion$14ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column205428TotalRevenueColumn
Related Or Exempt Function Income205414RelatedOrExemptFunctionIncome
Exclusion$14ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total0Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total0Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total0Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total0Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total0Total

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
BAD DEBT EXPENSE112204112204
Servicing expense2144321443
DEPT OF EDUCATION REBATE FEES47194719
All other expenses-66714-66714

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total71652Total
Program Services71652ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY281381BOY
EOY471381EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY37352BOY
EOY140119EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1817289BOY
EOY1627285EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY4521042BOY
EOY4283231EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY0BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY183969BOY
EOY119799EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6841033BOY
EOY6641815EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1819391BOY
EOY1629397EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY143000BOY
EOY0EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1962391BOY
EOY1629397EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY4878642BOY
EOY5012418EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY4878642BOY
EOY5012418EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6841033BOY
EOY6641815EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses133776ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years0CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years0CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years0CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year0CurrentTaxYearMinus1Year
Current Tax Year0CurrentTaxYear
Total0Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3414069CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2063665CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1892758CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3230306CurrentTaxYearMinus1Year
Current Tax Year205414CurrentTaxYear
Total10806212Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

FieldValueIRS element (for citing)
Total0Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

FieldValueIRS element (for citing)
Total0Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

FieldValueIRS element (for citing)
Total0Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3414069CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2063665CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1892758CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3230306CurrentTaxYearMinus1Year
Current Tax Year205414CurrentTaxYear
Total10806212Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years0CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years0CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years0CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year0CurrentTaxYearMinus1Year
Current Tax Year0CurrentTaxYear
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years0CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years0CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years0CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year0CurrentTaxYearMinus1Year
Current Tax Year0CurrentTaxYear
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years0CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years0CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years0CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year0CurrentTaxYearMinus1Year
Current Tax Year0CurrentTaxYear
Total0Total
FieldValueIRS element (for citing)
Public Support Total50910806212PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years64519CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years476CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years165CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year102CurrentTaxYearMinus1Year
Current Tax Year14CurrentTaxYear
Total65276Total

Post1975 UBTI Post1975UBTI

FieldValueIRS element (for citing)
Total0Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years64519CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years476CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years165CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year102CurrentTaxYearMinus1Year
Current Tax Year14CurrentTaxYear
Total65276Total

Net Income From Other UBI NetIncomeFromOtherUBI

FieldValueIRS element (for citing)
Total0Total

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Total0Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3478588CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2064141CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1892923CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3230408CurrentTaxYearMinus1Year
Current Tax Year205428CurrentTaxYear
Total10871488Total
FieldValueIRS element (for citing)
Public Support Percentage5090.99400PublicSupportPercentage509
Prior Year Support Percentage0.97960PriorYearSupportPercentage
Investment Income Percentage0.00600InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.02040PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
Current Year Minus3 YearsCurrentYearMinus3Years
Current Year Minus4 YearsCurrentYearMinus4Years
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements
EquipmentEquipment
Other Land BuildingsOtherLandBuildings
Federal Income Tax Liability0FederalIncomeTaxLiability
Total Of Amounts0TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt267449TotRevenueEtcAuditedFinclStmt
Revenue Subtotal267449RevenueSubtotal
Other Revenues Not Included-62021OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-62021RevenueNotRptdOnFinStmt
Total Revenue Per Form990205428TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt133673TotExpensesEtcAuditedFinclStmt
Expenses Subtotal133673ExpensesSubtotal
Other Expenses Not Included-62021OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt-62021ExpensesNotRptdOnFinStmt
Total Expenses Per Form99071652TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

FieldValueIRS element (for citing)
IdentifierSupplemental InformationIdentifier
Return ReferenceRECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTSReturnReference
ExplanationSCHEDULE D, PART XI, LINE 4B DEPT OF EDUCATION FEES - $4,719 AMORT OF LOAN PURCHASE FEES - $(66,740) TOTAL - $(62,021) RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINE 4B DEPT OF EDUCATION FEES - $4,719 AMORT OF LOAN PURCHASE FEES - $(66,740) TOTAL - $(62,021) Fin 48 THE AUTHORITY FOLLOWS THE ACCOUNTING STANDARD RELATED TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE AUTHORITY'S FINANCIAL STATEMENTS. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE AUTHORITY CURRENTLY HAS NO UNCERTAIN TAX POSITIONS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Murray Watson
President06031940420756075601025000082700113282100
Ricky Turman
EVP / CFO0294207015068406411025000020418049672000
Ellis Tredway
EVP, Chief Operations Officer01853240101266023260025000013925034877500
Thomas Litle
Senior Vice President018560106784002507102500005756030926800
Tammy Harralson
Controller/VP012638205026701463601934109164021979000
Daniel Reyna
Internal Audit Director0924270350820810801356506831015601300
David Horner
EVP02565250205287044298024606016899054761500
Kelli Villarrial
VP, Associate General Counsel017341106505502631502454706718029604600

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation

FieldValueIRS element (for citing)
IdentifierSUPPLEMENTAL INFORMATIONIdentifier
Return ReferenceForm 990, Part VI, Question 2ReturnReference
ExplanationBUSINESS RELATIONSHIPS RAY RUSHING AND MURRAY WATSON JR. HAVE A BUSINESS RELATIONSHIP. Form 990, Part VI, Question 3 Description of Management Arrangement The Governing body delegates authority to its executive committee to make decisions for specific issues as appointed by the governing body. These decisions are subject to ratification by the governing body. In addition, the executive committee is authorized to make decisions for normal day to day activities, when necessary. BOSQUE has a contract with Brazos Higher Education Service Corporation to perform management and administration services on BOSQUE's behalf. This includes master servicing administration for the outstanding student loans held by BOSQUE. The services include, but are not limited to: accounting, reporting, servicing, originating, marketing, treasury, and compliance monitoring of the student loans held by BOSQUE. Form 990, Part VI, Question 11b Describe the Process used by Management &/or Governing Body to Review 990 The 990 tax return is provided to senior management for their review. After their review, the return is posted on a secure website for review by the board of directors. The Board is notified of the posting and asked to provide comments or questions. Comments or questions are reviewed/answered by senior management. The return is filed upon completion of the process. Form 990, Part VI, Question 12c Description of Process to Monitor Transactions for Conflicts of Interest Bosque's internal audit department prepares and distributes a conflict of interest questionnaire to all board members and employees annually. INCLUDED WITH THE QUESTIONNAIRE IS A LISTING OF VENDORS UTILIZED BY THE COMPANY. The internal audit department reviews the questionnaires and compiles a list of potential conflicts for review by the audit committee, senior management, and the board of directors. Potential conflicts are assessed and resolved if determined to be at risk. FORM 990, PART VI, QUESTION 15A & 15B COMPENSATION DETERMINATION PROCESS THE COMPENSATION OF THE CEO (OR EXECUTIVE DIRECTOR, AS APPLICABLE), OFFICERS, AND KEY EMPLOYEES OF BOSQUE HIGHER EDUCATION AUTHORITY, Inc. IS PAID BY A RELATED ORGANIZATION, AND IS DETERMINED UNDER THE POLICIES OF THE RESPECTIVE RELATED ORGANIZATION. Form 990, Part VI, Question 19 Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public The governing documents, conflict of interest policy, and financial statements are available to the public upon request. ADDITIONAL INFORMATION RECENT LEGISLATIVE DEVELOPMENTS ON MARCH 30, 2010, PRESIDENT OBAMA SIGNED INTO LAW THE RECONCILIATION ACT OF 2010. EFFECTIVE JULY 1, 2010, THIS LAW PROHIBITS NEW LOAN ORIGINATIONS UNDER THE FFELP AND REQUIRES THAT ALL NEW FEDERAL LOAN ORIGINATIONS BE MADE THROUGH THE DIRECT LOAN PROGRAM. IN THE EVENT THAT A FIRST DISBURSEMENT HAS BEEN MADE ON A FFELP LOAN PRIOR TO JULY 1, 2010, SUBSEQUENT DISBURSEMENTS OF THAT LOAN MAY STILL BE MADE UNDER THE FFELP. ADDITIONALLY, THE NEW LAW DOES NOT ALTER OR AFFECT THE TERMS AND CONDITIONS OF THE AUTHORITY'S EXISTING FFELP LOANS.Explanation

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (24 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrg
Acapita Education Finance Corporation
PO BOX 1308WACOTX76703742542435fund std lnsTX501(c)(3)9NAtrue
Brazos Education Finance CorporationInc
2600 WASHINGTON AVENUEWACOTX76710742539632fund std lnsTX501(c)(3)11 type 1NAtrue
Brazos Higher Education Authority Inc
PO BOX 1308WACOTX76703742099402fund std lnsTX501(c)(3)11 type 1NAtrue
Atlantic Student Finance Corporation
2600 WASHINGTON AVENUEWACOTX76710205412189fund std lnsFL501(c)(3)7NAtrue
Concho Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203870081fund std lnsTX501(c)(3)9NAtrue
Brazos Student Finance Corporation
PO BOX 1308WACOTX76703742356109fund std lnsTX501(c)(3)9NAtrue
EdInvest Company
2600 WASHINGTON AVENUEWACOTX76710742537669fund std lnsTX501(c)(3)9NAtrue
Educational Funding Services Inc
PO BOX 1308WACOTX76703330947525fund std lnsCA501(c)(3)9NAtrue
Federated Student Finance Corporation
2600 WASHINGTON AVENUEWACOTX76710742536239fund std lnsTX501(c)(3)9NAtrue
Brazos Higher Education Service Corp
PO BOX 1308WACOTX76703742129255fund std lnsTX501(C)(3)9natrue
Trinity Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710742534486fund std lnsTX501(c)(3)9NAtrue
Brazos Education Loan Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203868073fund std lnsTX501(c)(3)9NAtrue
Angelina Higher Education Authority
2600 WASHINGTON AVENUEWACOTX76710200115078fund std lnsTX501(c)(3)9NAtrue
Frio Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203870120fund std lnsTX501(c)(3)9NAtrue
Lavaca Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203870153fund std lnsTX501(c)(3)9NAtrue
Leon Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203870176fund std lnsTX501(c)(3)9NAtrue
Llano Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203870219fund std lnsTX501(c)(3)9NAtrue
Paluxy Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203868139fund std lnsTX501(c)(3)9NAtrue
Rozell Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203867891fund std lnsTX501(c)(3)9NAtrue
Sabine Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203868185fund std lnsTX501(c)(3)9NAtrue
Texoma Higher Education Authority Inc
2600 WASHINGTON AVENUEWACOTX76710203868230fund std lnsTX501(c)(3)9NAtrue
Brazos Education Foundation Inc
2612 WASHINGTON AVENUEWACOTX76710264562436grant makingTX501(c)(3)7NAtrue
Academic Finance Corporation
PO BOX 1308WACOTX76703742540458fund std lnsTX501(c)(3)9NAtrue
Education Servicing Mgmt Corporation
2600 WASHINGTON AVENUEWACOTX76710203870046fund std lnsTX501(c)(3)9NAtrue

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1Interview Stream IncBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line17901 Woodway Drive Suite 200AddressLine1
CityWacoCity
StateTXState
ZIP Code767123898ZIPCode
FieldValueIRS element (for citing)
EIN461208841EIN
Primary Activityjob interview svcPrimaryActivity
Legal Domicile StateTXLegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BHESCBusinessNameLine1
FieldValueIRS element (for citing)
Type Of Entityc corpTypeOfEntity
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Dividends Related OrganizationfalseDividendsRelatedOrganization
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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