Bosque Higher Education Authority Inc
Cite this
Plain text Bosque Higher Education Authority Inc. furp.org, nonprofit organization profile, tax years 2009–2023. https://furp.org/org/bosque-higher-education-authority-inc-742534099. Retrieved 2026-10-27.
APA furp.org. (n.d.). Bosque Higher Education Authority Inc [Nonprofit organization profile; tax years 2009–2023]. Retrieved October 27, 2026, from https://furp.org/org/bosque-higher-education-authority-inc-742534099
MLA “Bosque Higher Education Authority Inc.” furp.org, tax years 2009–2023, https://furp.org/org/bosque-higher-education-authority-inc-742534099. Accessed 27 Oct. 2026.
Retrieved 2026-10-27; covers tax years 2009–2023. Data: furp.org, CC BY 4.0.
2023 · Form 990 · revenue $534K · expenses $151K · assets $0
- EIN
- 74-2534099
- Address
- 5609 Crosslake Pkwy, Waco, TX 76712
- Website
- WWW.STUDENTLOANS.COM
- NTEE code
- -
- Exempt type
- -
- Ruling date
- -
- Cross-check
- ProPublica Nonprofit Explorer
Mission
BOSQUE HIGHER EDUCATION AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
21 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Ricky Turman | EVP/CFO/COO | 2009-2023 | $715,480 | $8,423,347 | 19 |
| Thomas Litle | PRESIDENT AND CEO | 2010-2023 | $828,855 | $7,333,539 | 17 |
| Tammy Harralson | VP/CONTROLLER | 2009-2023 | $313,420 | $3,712,433 | 15 |
| Kelli Uttech | EVP, GENERAL COUNSEL | 2018-2023 | $477,562 | $2,453,558 | 9 |
| Darrell Brooks | TREASURER | 2014-2023 | $281,440 | $2,118,181 | 10 |
| Tiffany Jones | SECRETARY | 2021-2023 | $132,134 | $343,862 | 9 |
| John Perry | DIRECTOR | 2009-2023 | $0 | $814 | 6 |
| Dr Terry Maness | DIRECTOR | 2009-2023 | $0 | $702 | 7 |
| Murray Watson (former) | President (End: 07/24/18) | 2009-2018 | $2,633,340 | $11,775,770 | 15 |
| Kelli Villarrial (former) | VP, Assoc. Gen. Counsel | 2009-2017 | $334,142 | $2,687,415 | 13 |
| David Horner (former) | FORMER EVP | 2009-2015 | $115,555 | $2,616,692 | 14 |
| Ellis Tredway (former) | FORMER EVP/COO | 2012-2015 | $521,637 | $2,008,654 | 14 |
| Susan Davis (former) | SECRETARY END: 06/21 | 2009-2021 | $151,680 | $1,421,958 | 17 |
| Daniel Reyna (former) | FORMER INTERNAL AUDIT DIRECTOR | 2009-2015 | $176,860 | $1,129,368 | 17 |
| Murray Watson Jr (former) | PRESIDENT/GENERAL COUNSEL | 2015 | $888,234 | $888,234 | 11 |
| James Mcinnis (former) | FORMER TREASURER | 2009-2015 | $120,122 | $853,858 | 13 |
| Suzanne Young (former) | ASSET MGMT VP (RETIRED 1/2010) | 2009 | $154,457 | $154,457 | 10 |
| Norman L Hay Jr (former) | DIRECTOR | 2009-2020 | $0 | $851 | 4 |
| Dr Dennis Michaelis (former) | DIRECTOR | 2009-2013 | $0 | $814 | 6 |
| Paul Marable Jr (former) | Director | 2009-2012 | $0 | $809 | 10 |
| David Smith Jr (former) | Chairman | 2009-2012 | $0 | $779 | 10 |
Officers and directors, no compensation reported
11 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Paul McClinton | DIRECTOR | 2017-2023 | 1 | $0 reported | 5 |
| Claude Ervin | DIRECTOR | 2010-2023 | 1 | $0 reported | 8 |
| Larry Smith | DIRECTOR | 2013-2023 | 1 | $0 reported | 8 |
| John Hatchel (former) | Director | 2013-2022 | 1 | $0 reported | 4 |
| Dr Joseph F Velez (former) | Director End: 05/23 | 2009-2022 | 1 | $0 reported | 4 |
| Mrs Joyce Packard (former) | DIRECTOR | 2009-2020 | 1 | $0 reported | 16 |
| Ray Rushing (former) | SECRETARY | 2009-2015 | 1 | $0 reported | 14 |
| Paul Marable Jr Dec'D 121913 (former) | DIRECTOR | 2013 | 1 | $0 reported | 2 |
| David Smith Jr Dec'D 6614 (former) | CHAIRMAN | 2013 | 1 | $0 reported | 2 |
| Lindley Elliott (former) | Director (stepped down 6/2010) | 2009 | 1 | $0 reported | 9 |
| Dorothy Talbot (former) | Director (stepped down 6/2010) | 2009 | 1 | $0 reported | 3 |
People by year
2023 · 11 people listed · 6 paid, $2.7M · 0 employees · 5 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS 'BEN' LITLE | PRESIDENT AND CEO | 1 | $0 | $749,347 | $79,508 | $828,855 | 17 |
| RICKY TURMAN | EVP/CFO/COO | 1 | $0 | $620,836 | $94,644 | $715,480 | 19 |
| KELLI UTTECH | EVP, GENERAL COUNSEL | 1 | $0 | $398,669 | $78,893 | $477,562 | 9 |
| TAMMY HARRALSON | VP/CONTROLLER | 1 | $0 | $246,347 | $67,073 | $313,420 | 15 |
| DARRELL BROOKS | TREASURER | 1 | $0 | $219,241 | $62,199 | $281,440 | 10 |
| TIFFANY JONES | SECRETARY | 1 | $0 | $102,795 | $29,339 | $132,134 | 9 |
| CLAUDE ERVIN | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| DR TERRY MANESS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| JOHN PERRY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| LARRY SMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| PAUL MCCLINTON | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 5 |
2022 · 13 people listed · 6 paid, $2.6M · 0 employees · 7 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS BEN LITLE | President and CEO | 1 | $0 | $691,410 | $73,360 | $764,770 | 17 |
| RICKY TURMAN | EVP/CFO/COO | 1 | $0 | $632,670 | $75,998 | $708,668 | 19 |
| KELLI UTTECH | EVP, General Counsel | 1 | $0 | $403,310 | $70,102 | $473,412 | 9 |
| TAMMY HARRALSON | VP/Controller | 1 | $0 | $241,428 | $57,555 | $298,983 | 15 |
| DARRELL BROOKS | Treasurer | 1 | $0 | $217,277 | $53,520 | $270,797 | 10 |
| TIFFANY JONES | Secretary | 1 | $0 | $89,013 | $20,110 | $109,123 | 9 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| Paul McClinton | Director | 1 | $0 | $0 | $0 | $0 | 5 |
| Dr Terry Maness | Director | 1 | $0 | $0 | $0 | $0 | 7 |
| John Perry | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Larry Smith | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| Dr Joseph F Velez | Director End: 05/23 | 1 | $0 | $0 | $0 | $0 | 4 |
| John Hatchel | Director | 1 | $0 | $0 | $0 | $0 | 4 |
2021 · 14 people listed · 7 paid, $2.6M · 0 employees · 7 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Thomas Ben Litle | PRESIDENT/CEO | 1 | $0 | $707,065 | $68,031 | $775,096 | 17 |
| Ricky Turman | EVP/COO/CFO | 1 | $0 | $593,678 | $71,273 | $664,951 | 19 |
| Kelli Uttech | SVP/GENERAL COUNSEL | 1 | $0 | $341,729 | $63,567 | $405,296 | 9 |
| Tammy Harralson | VP/CONTROLLER | 1 | $0 | $234,378 | $57,610 | $291,988 | 15 |
| Darrell Brooks | TREASURER | 1 | $0 | $186,941 | $46,110 | $233,051 | 10 |
| Susan Davis | SECRETARY END: 06/21 | 1 | $0 | $131,448 | $20,232 | $151,680 | 17 |
| Tiffany Jones | SECRETARY | 1 | $0 | $84,031 | $18,574 | $102,605 | 9 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| John Hatchel | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Paul McClinton | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 5 |
| dr terry maness | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| John Perry | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| Larry Smith | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| Dr Joseph f Velez | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
2020 · 15 people listed · 6 paid, $2.3M · 0 employees · 9 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS BEN LITLE | President/CEO | 1 | $0 | $630,234 | $67,486 | $697,720 | 17 |
| Ricky Turman | EVP/COO/CFO | 1 | $0 | $576,269 | $70,564 | $646,833 | 19 |
| Kelli Uttech | SVP/GENERAL COUNSEL | 1 | $0 | $324,004 | $62,677 | $386,681 | 9 |
| Tammy Harralson | VP/Controller | 1 | $0 | $210,638 | $40,453 | $251,091 | 15 |
| Darrell Brooks | TREASURER | 1 | $0 | $172,811 | $43,664 | $216,475 | 10 |
| Susan Davis | SECRETARY | 1 | $0 | $96,534 | $28,681 | $125,215 | 17 |
| Claude Ervin | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| John Hatchel | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| Norman L Hay Jr | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| Paul McClinton | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 5 |
| Dr Terry Maness | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| Mrs Joyce Packard | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 16 |
| John Perry | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| Larry Smith | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| Dr Joseph F Velez | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
2019 · 15 people listed · 6 paid, $2.3M · 0 employees · 9 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS BEN LITLE | President/CEO | 1 | $0 | $663,422 | $66,167 | $729,589 | 17 |
| RICKY TURMAN | EVP/COO/CFO | 1 | $0 | $558,431 | $70,150 | $628,581 | 19 |
| KELLI UTTECH | VP/GENERAL COUNSEL | 1 | $0 | $308,236 | $61,514 | $369,750 | 9 |
| TAMMY HARRALSON | Controller/VP | 1 | $0 | $212,939 | $54,326 | $267,265 | 15 |
| DARRELL BROOKS | Treasurer | 1 | $0 | $161,313 | $41,293 | $202,606 | 10 |
| SUSAN DAVIS | Secretary | 1 | $0 | $93,561 | $29,386 | $122,947 | 17 |
| CLAUDE ERVIN | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| JOHN HATCHEL | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| DR JOSEPH F VELEZ | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| NORMAN L HAY JR | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 4 |
| DR TERRY MANESS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| MRS JOYCE PACKARD | CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 16 |
| JOHN PERRY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| LARRY SMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| PAUL MCCLINTON | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 5 |
2018 · 16 people listed · 7 paid, $4.5M · 0 employees · 9 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MURRAY WATSON | President (End: 07/24/18) | 1 | $0 | $2,570,113 | $63,227 | $2,633,340 | 15 |
| THOMAS BEN LITLE | President/CEO | 1 | $0 | $446,793 | $63,957 | $510,750 | 17 |
| RICKY TURMAN | EVP/COO/CFO | 1 | $0 | $425,756 | $74,547 | $500,303 | 19 |
| KELLI UTTECH | VP/GENERAL COUNSEL | 1 | $0 | $279,267 | $61,590 | $340,857 | 9 |
| TAMMY HARRALSON | Controller/VP | 1 | $0 | $201,472 | $47,571 | $249,043 | 15 |
| DARRELL BROOKS | Treasurer | 1 | $0 | $143,863 | $46,853 | $190,716 | 10 |
| SUSAN DAVIS | Secretary | 1 | $0 | $89,791 | $30,818 | $120,609 | 17 |
| CLAUDE ERVIN | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| JOHN HATCHEL | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| DR JOSEPH F VELEZ | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| NORMAN L HAY JR | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 4 |
| DR TERRY MANESS | Director | 1 | $0 | $0 | $0 | $0 | 7 |
| MRS JOYCE PACKARD | Chairman | 1 | $0 | $0 | $0 | $0 | 16 |
| JOHN PERRY | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| LARRY SMITH | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| PAUL MCCLINTON | Director | 1 | $0 | $0 | $0 | $0 | 5 |
2017 · 16 people listed · 7 paid, $3.0M · 0 employees · 9 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Murray Watson | President | 1 | $0 | $1,080,748 | $60,121 | $1,140,869 | 15 |
| Ricky Turman | EVP/CFO | 1 | $0 | $417,416 | $74,200 | $491,616 | 19 |
| Thomas Ben Litle | EVP/COO | 1 | $0 | $427,380 | $59,454 | $486,834 | 17 |
| Kelli Villarrial | VP, Assoc. Gen. Counsel | 1 | $0 | $282,995 | $51,147 | $334,142 | 13 |
| Tammy Harralson | Controller/VP | 1 | $0 | $195,999 | $43,836 | $239,835 | 15 |
| Darrell Brooks | Treasurer | 1 | $0 | $143,765 | $44,561 | $188,326 | 10 |
| Susan Davis | Secretary | 1 | $0 | $86,403 | $26,568 | $112,971 | 17 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| John Hatchel | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Dr Joseph F Velez | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Norman L Hay Jr | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 4 |
| Dr Terry Maness | Director | 1 | $0 | $0 | $0 | $0 | 7 |
| Mrs Joyce Packard | Chairman | 1 | $0 | $0 | $0 | $0 | 16 |
| John Perry | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Larry Smith | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| Paul McClinton | Director | 1 | $0 | $0 | $0 | $0 | 5 |
2016 · 15 people listed · 7 paid, $2.8M · 0 employees · 8 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MURRAY WATSON | PRESIDENT | 1 | $0 | $986,662 | $61,945 | $1,048,607 | 15 |
| THOMAS BEN LITLE | EVP/COO | 1 | $0 | $401,383 | $72,118 | $473,501 | 17 |
| RICKY TURMAN | EVP/CFO | 1 | $0 | $394,161 | $76,111 | $470,272 | 19 |
| KELLI VILLARRIAL | VP, ASSOC. GEN. COUNSEL | 1 | $0 | $261,592 | $54,365 | $315,957 | 13 |
| TAMMY HARRALSON | CONTROLLER/VP | 1 | $0 | $192,387 | $45,284 | $237,671 | 15 |
| DARRELL BROOKS | TREASURER | 1 | $0 | $139,982 | $44,561 | $184,543 | 10 |
| SUSAN DAVIS | SECRETARY | 1 | $0 | $85,612 | $27,756 | $113,368 | 17 |
| CLAUDE ERVIN | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| DR JOSEPH F VELEZ | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| JOHN HATCHEL | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| NORMAN L HAY JR | VICE CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 4 |
| DR TERRY MANESS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| MRS JOYCE PACKARD | CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 16 |
| JOHN PERRY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| LARRY SMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
2015 · 20 people listed · 11 paid, $3.5M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MURRAY WATSON JR | PRESIDENT/GENERAL COUNSEL | 1 | $0 | $849,956 | $38,278 | $888,234 | 11 |
| ELLIS TREDWAY | FORMER EVP/COO | 1 | $0 | $488,506 | $33,131 | $521,637 | 14 |
| RICKY TURMAN | EVP/CFO | 1 | $0 | $378,696 | $56,482 | $435,178 | 19 |
| THOMAS BEN LITLE | EVP/COO | 1 | $0 | $351,440 | $53,062 | $404,502 | 17 |
| KELLI VILLARRIAL | FORMER VP/ASSOC GEN COUNSE | 1 | $0 | $267,785 | $41,588 | $309,373 | 13 |
| TAMMY HARRALSON | CONTROLLER/VP | 1 | $0 | $183,130 | $29,696 | $212,826 | 15 |
| DANIEL REYNA | FORMER INTERNAL AUDIT DIRECTOR | 1 | $0 | $153,218 | $23,642 | $176,860 | 17 |
| DARRELL BROOKS | TREASURER | 1 | $0 | $135,882 | $33,849 | $169,731 | 10 |
| JAMES MCINNIS | FORMER TREASURER | 1 | $0 | $102,327 | $17,795 | $120,122 | 13 |
| DAVID HORNER | FORMER EVP | 1 | $0 | $87,125 | $28,430 | $115,555 | 14 |
| SUSAN DAVIS | SECRETARY | 1 | $0 | $89,959 | $19,832 | $109,791 | 17 |
| MRS JOYCE PACKARD | CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 16 |
| NORMAN L HAY JR | VICE CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 4 |
| JOHN PERRY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| DR JOSEPH VELEZ | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| DR TERRY MANESS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| CLAUDE ERVIN | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| JOHN HATCHEL | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| LARRY SMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| RAY RUSHING | SECRETARY | 1 | $0 | $0 | $0 | $0 | 14 |
2014 · 20 people listed · 11 paid, $3.9M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MURRAY WATSON | PRESIDENT/GENERAL COUNSEL | 1 | $0 | $1,049,193 | $36,775 | $1,085,968 | 15 |
| THOMAS BEN LITLE | EVP/COO | 1 | $0 | $523,131 | $47,232 | $570,363 | 17 |
| ELLIS TREDWAY | EVP/COO | 1 | $0 | $468,566 | $48,483 | $517,049 | 14 |
| RICKY TURMAN | EVP/CFO | 1 | $0 | $447,329 | $55,565 | $502,894 | 19 |
| KELLI VILLARRIAL | FORMER VP/ASSOC GEN COUNSEL | 1 | $0 | $267,091 | $41,960 | $309,051 | 13 |
| TAMMY HARRALSON | CONTROLLER/VP | 1 | $0 | $190,153 | $32,938 | $223,091 | 15 |
| DARRELL BROOKS | TREASURER | 1 | $0 | $144,377 | $36,119 | $180,496 | 10 |
| DANIEL REYNA | INTERNAL AUDIT DIRECTOR | 1 | $0 | $132,199 | $23,940 | $156,139 | 17 |
| DAVID HORNER | FORMER EVP | 1 | $0 | $118,599 | $31,726 | $150,325 | 14 |
| JAMES MCINNIS | TREASURER | 1 | $0 | $104,231 | $22,255 | $126,486 | 13 |
| SUSAN DAVIS | SECRETARY | 1 | $0 | $93,565 | $20,813 | $114,378 | 17 |
| MRS JOYCE PACKARD | CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 16 |
| NORMAN L HAY JR | VICE CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 4 |
| JOHN PERRY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| DR JOSEPH VELEZ | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| DR TERRY MANESS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| CLAUDE ERVIN | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| JOHN HATCHEL | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| LARRY SMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| RAY RUSHING | SECRETARY | 1 | $0 | $0 | $0 | $0 | 14 |
2013 · 22 people listed · 10 paid, $4.5M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MURRAY WATSON | PRESIDENT | 1 | $0 | $1,307,110 | $40,939 | $1,348,049 | 15 |
| RICKY TURMAN | EVP/CFO | 1 | $0 | $570,079 | $55,391 | $625,470 | 19 |
| ELLIS TREDWAY | EVP/COO | 1 | $0 | $572,862 | $48,331 | $621,193 | 14 |
| DAVID HORNER | EVP | 1 | $0 | $403,072 | $51,287 | $454,359 | 14 |
| THOMAS LITLE | SR VICE PRESIDENT | 1 | $0 | $331,492 | $45,836 | $377,328 | 17 |
| KELLI VILLARRIAL | VP/ASSOC GEN COUNSEL | 1 | $0 | $287,038 | $40,638 | $327,676 | 13 |
| TAMMY HARRALSON | CONTROLLER/VP | 1 | $0 | $219,448 | $35,550 | $254,998 | 15 |
| DANIEL REYNA | INTERNAL AUDIT DIRECTOR | 1 | $0 | $153,601 | $26,630 | $180,231 | 17 |
| JAMES MCINNIS | TREASURER | 1 | $0 | $112,269 | $23,321 | $135,590 | 13 |
| SUSAN DAVIS | ASST SECRETARY | 1 | $0 | $103,935 | $21,930 | $125,865 | 17 |
| MRS JOYCE PACKARD | CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 16 |
| DAVID SMITH JR DEC'D 6614 | CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 2 |
| NORMAN L HAY JR | VICE CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 4 |
| JOHN PERRY | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| PAUL MARABLE JR DEC'D 121913 | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| DR JOSEPH VELEZ | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| DR TERRY MANESS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 7 |
| DR DENNIS MICHAELIS | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 6 |
| CLAUDE ERVIN | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| JOHN HATCHEL | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 4 |
| LARRY SMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 8 |
| RAY RUSHING | SECRETARY | 1 | $0 | $0 | $0 | $0 | 14 |
2012 · 20 people listed · 10 paid, $3.7M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Murray Watson | President | 1 | $0 | $1,099,551 | $33,270 | $1,132,821 | 15 |
| David Horner | EVP | 1 | $0 | $506,110 | $41,505 | $547,615 | 14 |
| Ricky Turman | EVP / CFO | 1 | $0 | $451,302 | $45,418 | $496,720 | 19 |
| Ellis Tredway | EVP, Chief Operations Officer | 1 | $0 | $309,850 | $38,925 | $348,775 | 14 |
| Thomas Litle | Senior Vice President | 1 | $0 | $278,512 | $30,756 | $309,268 | 17 |
| Kelli Villarrial | VP, Associate General Counsel | 1 | $0 | $264,781 | $31,265 | $296,046 | 13 |
| Tammy Harralson | Controller/VP | 1 | $0 | $191,285 | $28,505 | $219,790 | 15 |
| Daniel Reyna | Internal Audit Director | 1 | $0 | $135,617 | $20,396 | $156,013 | 17 |
| James McInnis | Treasurer | 1 | $0 | $100,445 | $19,370 | $119,815 | 13 |
| Susan Davis | Assistant Secretary | 1 | $0 | $71,168 | $16,233 | $87,401 | 17 |
| John Perry | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Paul Marable Jr | Director | 1 | $0 | $0 | $0 | $0 | 10 |
| Mrs Joyce Packard | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 16 |
| Norman L Hay Jr | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| David Smith Jr | Chairman | 1 | $0 | $0 | $0 | $0 | 10 |
| Dr Joseph Velez | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Dr Terry Maness | Director | 1 | $0 | $0 | $0 | $0 | 7 |
| Dr Dennis Michaelis | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| Ray Rushing | Secretary | 1 | $0 | $0 | $0 | $0 | 14 |
2011 · 19 people listed · 12 paid, $3.4M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Murray Watson | President | 1 | $0 | $1,183,043 | $32,770 | $1,215,813 | 15 |
| Ricky Turman | EVP / CFO | 1 | $0 | $493,810 | $43,883 | $537,693 | 19 |
| David Horner | EVP/Special Asst to President | 1 | $0 | $454,978 | $40,649 | $495,627 | 14 |
| Kelli Villarrial | Associate General Counsel | 1 | $0 | $270,736 | $30,872 | $301,608 | 13 |
| Thomas Litle | VP Legal Affairs/Inden Ovrsght | 1 | $0 | $239,578 | $28,098 | $267,676 | 17 |
| Tammy Harralson | Controller/VP | 1 | $0 | $202,037 | $31,284 | $233,321 | 15 |
| Daniel Reyna | Internal Audit Director | 1 | $0 | $142,909 | $17,620 | $160,529 | 17 |
| James McInnis | Treasurer | 1 | $0 | $101,285 | $17,820 | $119,105 | 13 |
| Susan Davis | Assistant Secretary | 1 | $0 | $73,656 | $14,026 | $87,682 | 17 |
| John Perry | Director | 1 | $0 | $814 | $0 | $814 | 6 |
| Dr Dennis Michaelis | Director | 1 | $0 | $814 | $0 | $814 | 6 |
| Dr Terry Maness | Director | 1 | $0 | $702 | $0 | $702 | 7 |
| Paul Marable Jr | Director | 1 | $0 | $0 | $0 | $0 | 10 |
| Mrs Joyce Packard | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 16 |
| Norman L Hay Jr | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| David Smith Jr | Chairman | 1 | $0 | $0 | $0 | $0 | 10 |
| Dr Joseph Velez | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| Ray Rushing | Secretary | 1 | $0 | $0 | $0 | $0 | 14 |
2010 · 19 people listed · 10 paid, $3.1M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Murray Watson | President | 1 | $0 | $1,064,568 | $53,391 | $1,117,959 | 15 |
| Ricky Turman | EVP / CFO | 1 | $0 | $467,391 | $36,687 | $504,078 | 19 |
| David Horner | EVP/SPECIAL ASST TO PRESIDENT | 1 | $0 | $405,839 | $49,726 | $455,565 | 14 |
| Kelli Villarrial | Associate General Counsel | 1 | $0 | $239,224 | $34,810 | $274,034 | 13 |
| Tammy Harralson | Controller/VP | 1 | $0 | $184,111 | $34,359 | $218,470 | 15 |
| Daniel Reyna | Internal Audit Director | 1 | $0 | $130,759 | $22,643 | $153,402 | 17 |
| Thomas Litle | VP LEGAL AFFAIRS/INDEN OVRSGHT | 1 | $0 | $128,577 | $8,710 | $137,287 | 17 |
| James McInnis | Treasurer | 1 | $0 | $98,957 | $21,740 | $120,697 | 13 |
| Susan Davis | Assistant Secretary | 1 | $0 | $63,378 | $14,820 | $78,198 | 17 |
| Paul Marable Jr | Director | 1 | $0 | $809 | $0 | $809 | 10 |
| John Perry | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Mrs Joyce Packard | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 16 |
| Norman L Hay Jr | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| David Smith Jr | Chairman | 1 | $0 | $0 | $0 | $0 | 10 |
| Dr Joseph Velez | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Dr Terry Maness | Director | 1 | $0 | $0 | $0 | $0 | 7 |
| Dr Dennis Michaelis | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 | 8 |
| Ray Rushing | Secretary | 1 | $0 | $0 | $0 | $0 | 14 |
2009 · 20 people listed · 11 paid, $2.9M · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Murray Watson | President | 1 | $0 | $1,022,410 | $29,934 | $1,052,344 | 15 |
| Ricky Turman | EVP / CFO | 1 | $0 | $465,169 | $29,441 | $494,610 | 19 |
| David Horner | EVP/SPECIAL ASST TO PRESIDENT | 1 | $0 | $350,219 | $47,427 | $397,646 | 14 |
| Kelli Villarrial | Associate General Counsel | 1 | $0 | $200,568 | $18,960 | $219,528 | 13 |
| Tammy Harralson | Controller/VP | 1 | $0 | $171,043 | $29,598 | $200,641 | 15 |
| Suzanne Young | ASSET MGMT VP (RETIRED 1/2010) | 1 | $0 | $135,864 | $18,593 | $154,457 | 10 |
| Daniel Reyna | Internal Audit Director | 1 | $0 | $126,421 | $19,773 | $146,194 | 17 |
| James McInnis | Treasurer | 1 | $0 | $93,098 | $18,945 | $112,043 | 13 |
| Susan Davis | Assistant Secretary | 1 | $0 | $59,759 | $12,094 | $71,853 | 17 |
| Norman L Hay Jr | Director | 1 | $0 | $851 | $0 | $851 | 4 |
| David Smith Jr | Chairman | 1 | $0 | $779 | $0 | $779 | 10 |
| John Perry | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Lindley Elliott | Director (stepped down 6/2010) | 1 | $0 | $0 | $0 | $0 | 9 |
| Paul Marable Jr | Director | 1 | $0 | $0 | $0 | $0 | 10 |
| Mrs Joyce Packard | Vice Chairman | 1 | $0 | $0 | $0 | $0 | 16 |
| Mrs Dorothy Talbot | Director (stepped down 6/2010) | 1 | $0 | $0 | $0 | $0 | 3 |
| Dr Joseph Velez | Director | 1 | $0 | $0 | $0 | $0 | 4 |
| Dr Terry Maness | Director | 1 | $0 | $0 | $0 | $0 | 7 |
| Dr Dennis Michaelis | Director | 1 | $0 | $0 | $0 | $0 | 6 |
| Ray Rushing | Secretary | 1 | $0 | $0 | $0 | $0 | 14 |
Highest-paid independent contractors
2011 · 1 contractor · $116K
| Name | Location | Service | Paid |
|---|---|---|---|
| Kaye Scholer LLP | NEW YORK, NY | LEGAL | $115,611 |
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2023 · Form 990 | ||||||||
| $534,024 | $150,907 | $0 | $0 | $0 | $158,106 | $0 | 0 | 5 |
| 2022 · Form 990 | ||||||||
| $654,942 | $166,982 | $2,326,609 | $2,326,184 | $0 | $177,265 | $0 | 0 | 7 |
| 2021 · Form 990 | ||||||||
| $2,490,292 | $1,947,173 | $501,515 | $495,097 | $0 | $2,331,303 | $0 | 0 | 7 |
| 2020 · Form 990 | ||||||||
| $3,474,479 | $2,492,976 | $69,920,973 | $10,629,883 | $0 | $3,473,591 | $0 | 0 | 9 |
| 2019 · Form 990 | ||||||||
| $4,299,076 | $3,266,006 | $79,613,872 | $9,648,380 | $0 | $4,256,371 | $0 | 0 | 9 |
| 2018 · Form 990 | ||||||||
| $1,017,576 | $842,786 | $94,837,018 | $8,616,902 | $0 | $1,009,217 | $0 | 0 | 9 |
| 2017 · Form 990 | ||||||||
| $188,083 | $67,842 | $2,771,657 | $2,770,277 | $0 | $187,662 | $0 | 0 | 9 |
| 2016 · Form 990 | ||||||||
| $294,488 | $18,192 | $2,950,519 | $2,949,036 | $0 | $201,408 | $0 | 0 | 8 |
| 2015 · Form 990 | ||||||||
| $253,309 | $19,397 | $3,137,294 | $3,135,740 | $0 | $202,668 | $0 | 0 | 0 |
| 2014 · Form 990 | ||||||||
| $198,032 | $65,613 | $5,439,071 | $4,943,195 | $0 | $198,027 | $0 | 0 | 0 |
| 2013 · Form 990 | ||||||||
| $225,115 | $176,757 | $5,669,650 | $5,060,777 | $0 | $225,107 | $0 | 0 | 0 |
| 2012 · Form 990 | ||||||||
| $205,428 | $71,652 | $6,641,815 | $5,012,418 | $0 | $205,414 | $0 | 0 | 0 |
| 2011 · Form 990 | ||||||||
| $3,230,408 | $761,055 | $6,841,033 | $4,878,642 | $0 | $1,225,775 | $0 | 0 | 0 |
| 2010 · Form 990 | ||||||||
| $1,892,923 | $1,593,608 | $69,964,908 | -$700,787 | $0 | $1,887,132 | $0 | 0 | 0 |
| 2009 · Form 990 | ||||||||
| $2,064,141 | $1,467,576 | $79,682,539 | $836,480 | $0 | $2,063,665 | $0 | 0 | 0 |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- BRAZOS HIGHER EDUCATION AUTHORITY INC Waco, TX · 10 people in common (Claude Ervin, Darrell Brooks, John Perry) · related organization (Schedule R)
- Acapita Education Finance Corporation Waco, TX · 9 people in common (Claude Ervin, Darrell Brooks, Dr Terry Maness)
- BRAZOS EDUCATION LOAN AUTHORITY INC Waco, TX · 8 people in common (Claude Ervin, Darrell Brooks, Dr Terry Maness) · related organization (Schedule R)
- BRAZOS HIGHER EDUCATION SERVICE CORPORATION INC Waco, TX · 8 people in common (Darrell Brooks, Dr Terry Maness, John Perry) · related organization (Schedule R)
- Federated Student Finance Corporation Waco, TX · 8 people in common (Claude Ervin, Darrell Brooks, Kelli Uttech) · related organization (Schedule R)
- Brazos Student Finance Corporation Waco, TX · 7 people in common (Darrell Brooks, John Perry, Kelli Uttech) · related organization (Schedule R)
- BRAZOS EDUCATION LENDING CORPORATION Waco, TX · 7 people in common (Darrell Brooks, Dr Terry Maness, Kelli Uttech) · related organization (Schedule R)
- Brazos Education Funding Corporation Inc Waco, TX · 6 people in common (Darrell Brooks, Dr Terry Maness, Larry Smith)
- BRAZOS EDUCATION FINANCE CORPORATION Waco, TX · 6 people in common (Claude Ervin, John Perry, Larry Smith)
- Trinity Higher Education Authority Inc Waco, TX · 5 people in common (Darrell Brooks, Larry Smith, Ricky Turman)
- Angelina Higher Education Authority Inc Waco, TX · 5 people in common (Claude Ervin, Dr Terry Maness, Ricky Turman)
- Brazos Education Foundation Inc Waco, TX · 4 people in common (Kelli Uttech, Ricky Turman, Thomas Litle) · related organization (Schedule R)
- ACADEMIC FINANCE CORPORATION Waco, TX · 4 people in common (Larry Smith, Ricky Turman, Tammy Harralson)
- EDINVEST COMPANY Waco, TX · 4 people in common (John Perry, Ricky Turman, Tammy Harralson)
- EDUCATIONAL FUNDING SERVICES INC Waco, TX · 3 people in common (Ricky Turman, Tammy Harralson, Thomas Litle)
- BRAZOS LOAN SERVICING INC Waco, TX · 2 people in common (Ricky Turman, Thomas Litle)
- MCLENNAN COMMUNITY COLLEGE FOUNDATION Waco, TX · 1 person in common (Paul McClinton)
- WACO SYMPHONY ASSOCIATION INC Waco, TX · 1 person in common (Paul McClinton)
- UNITED WAY OF WACO-MCLENNAN COUNTY Waco, TX · 1 person in common (Ricky Turman)
- WACO SYMPHONY FOUNDATION Waco, TX · 1 person in common (Paul McClinton)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| Trinity Higher Education Authority Inc | TX | Not reported | $251,075 | $111,752 | President | $1,140,869 | Similar name, revenue within 5x, same state, similar mission |
| HIGHER EDUCATION TR INC | SC | B11 | $1,203,845 | $1,194,320 | DIRECTOR | $0 | Similar name, revenue within 5x |
| HIGHER EDUCATION STO INC | AZ | Not reported | $80,779 | $104,639 | CHIEF EXECUTIVE OFFICER | $0 | Similar name, revenue within 10x |
| BRAZOS HIGHER EDUCATION AUTHORITY INC | TX | B82 | $43,649,233 | $51,537,202 | Executive Director | $994,139 | Similar name, revenue differs more than 10x, same state, similar mission |
| BRAZOS EDUCATION LOAN AUTHORITY INC | TX | B82 | $62,053,242 | $51,195,636 | PRESIDENT/CEO | $994,139 | Similar name, revenue differs more than 10x, same state, similar mission |
| Angelina Higher Education Authority Inc | TX | Not reported | $31,167 | $4,424 | DIRECTOR | $0 | Similar name, revenue differs more than 10x, same state, similar mission |
| NORTH TEXAS HIGHER EDUCATION AUTHORITY INC | TX | B80 | $64,663,233 | $81,068,571 | Treasurer Secretary Board Member | $0 | Similar name, revenue differs more than 10x, same state |
| BOSQUE COUNTY HIGHER EDUCATION | TX | Not reported | $0 | $0 | PRESIDENT/TREASURER, DIREC | $0 | Similar name, same state |
Who funds organizations like this
Not reported: none of these organizations has foundation or DAF-sponsor grants in the filings we have.
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2023 · Form 990 · $150,907 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Fees: management | $146,667 | $146,667 | - | - | 97.2% | |
| Other (as described) | SERVICING EXPENSE | $4,240 | $4,240 | - | - | 2.8% |
| Total | $150,907 | 100% |
2022 · Form 990 · $166,982 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Fees: management | $160,000 | $160,000 | - | - | 95.8% | |
| Other (as described) | Servicing Expense | $5,751 | $5,751 | - | - | 3.4% |
| Other (as described) | TRUSTEE FEES | $1,002 | $1,002 | - | - | 0.6% |
| All other expenses | $229 | $229 | - | - | 0.1% | |
| Total | $166,982 | 100% |
2021 · Form 990 · $1,947,173 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $1,026,007 | $1,026,007 | - | - | 52.7% | |
| Other (as described) | DEPT OF EDUCATION REBATE FEE | $476,366 | $476,366 | - | - | 24.5% |
| Fees: management | $160,000 | $160,000 | - | - | 8.2% | |
| All other expenses | $116,312 | $116,312 | - | - | 6.0% | |
| Depreciation and depletion | $99,113 | $99,113 | - | - | 5.1% | |
| Other (as described) | SERVICING EXPENSE | $43,973 | $43,973 | - | - | 2.3% |
| Other (as described) | RATING FEES | $20,000 | $20,000 | - | - | 1.0% |
| Other (as described) | TRUSTEE FEES | $5,402 | $5,402 | - | - | 0.3% |
| Total | $1,947,173 | 100% |
2020 · Form 990 · $2,492,976 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $1,329,360 | $1,329,360 | - | - | 53.3% | |
| Other (as described) | DEPT OF EDUCATION REBATE FEE | $661,842 | $661,842 | - | - | 26.5% |
| Fees: management | $316,691 | $316,691 | - | - | 12.7% | |
| Depreciation and depletion | $88,434 | $88,434 | - | - | 3.5% | |
| Other (as described) | SERVICING EXPENSE | $60,952 | $60,952 | - | - | 2.4% |
| Other (as described) | RATING FEES | $20,660 | $20,660 | - | - | 0.8% |
| All other expenses | $7,855 | $7,855 | - | - | 0.3% | |
| Other (as described) | TRUSTEE FEES | $7,182 | $7,182 | - | - | 0.3% |
| Total | $2,492,976 | 100% |
2019 · Form 990 · $3,266,006 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $1,933,403 | $1,933,403 | - | - | 59.2% | |
| Other (as described) | DEPT OF EDUCATION REBATE FEE | $750,856 | $750,856 | - | - | 23.0% |
| Fees: management | $338,337 | $338,337 | - | - | 10.4% | |
| Depreciation and depletion | $82,015 | $82,015 | - | - | 2.5% | |
| Other (as described) | SERVICING EXPENSE | $71,039 | $71,039 | - | - | 2.2% |
| Other (as described) | Bad Debt | $57,393 | $57,393 | - | - | 1.8% |
| Other (as described) | RATING FEES | $20,550 | $20,550 | - | - | 0.6% |
| All other expenses | $12,413 | $12,413 | - | - | 0.4% | |
| Total | $3,266,006 | 100% |
2018 · Form 990 · $842,786 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $546,607 | $546,607 | - | - | 64.9% | |
| Other (as described) | Dept of Education Rebate Fee | $131,785 | $131,785 | - | - | 15.6% |
| Fees: management | $71,856 | $71,856 | - | - | 8.5% | |
| Depreciation and depletion | $68,052 | $68,052 | - | - | 8.1% | |
| Other (as described) | Servicing Expense | $20,253 | $20,253 | - | - | 2.4% |
| Other (as described) | Bad Debt | $2,693 | $2,693 | - | - | 0.3% |
| Other (as described) | TRUSTEE FEES | $1,540 | $1,540 | - | - | 0.2% |
| Total | $842,786 | 100% |
2017 · Form 990 · $67,842 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | BAD DEBT | $49,925 | $49,925 | - | - | 73.6% |
| Other (as described) | SERVICING EXPENSE | $10,042 | $10,042 | - | - | 14.8% |
| Other (as described) | DEPT OF EDUCATION REBATE FEE | $7,875 | $7,875 | - | - | 11.6% |
| Total | $67,842 | 100% |
2016 · Form 990 · $18,192 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | Servicing Expense | $13,187 | $13,187 | - | - | 72.5% |
| Other (as described) | Dept of Education Rebate Fee | $4,994 | $4,994 | - | - | 27.5% |
| All other expenses | $11 | $11 | - | - | 0.1% | |
| Total | $18,192 | 100% |
2015 · Form 990 · $19,397 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | SERVICING EXPENSE | $14,779 | $14,779 | - | - | 76.2% |
| Other (as described) | DEPT OF EDUCATION REBAT | $4,570 | $4,570 | - | - | 23.6% |
| Other (as described) | MISCELLANEOUS | $48 | $48 | - | - | 0.2% |
| Total | $19,397 | 100% |
2014 · Form 990 · $65,613 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | VALUATION/BAD DEBT EXPE | $44,521 | $44,521 | - | - | 67.9% |
| Other (as described) | SERVICING EXPENSE | $16,081 | $16,081 | - | - | 24.5% |
| Other (as described) | DEPT OF EDUCATION REBAT | $4,528 | $4,528 | - | - | 6.9% |
| Other (as described) | MISCELLANEOUS | $483 | $483 | - | - | 0.7% |
| Total | $65,613 | 100% |
2013 · Form 990 · $176,757 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | VALUATION/BAD DEBT EXPE | $152,036 | $152,036 | - | - | 86.0% |
| Other (as described) | SERVICING EXPENSE | $19,871 | $19,871 | - | - | 11.2% |
| Other (as described) | DEPT OF EDUCATION REBAT | $4,729 | $4,729 | - | - | 2.7% |
| Other (as described) | MISCELLANEOUS | $121 | $121 | - | - | 0.1% |
| Total | $176,757 | 100% |
2012 · Form 990 · $71,652 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Other (as described) | BAD DEBT EXPENSE | $112,204 | $112,204 | - | - | 156.6% |
| Other (as described) | Servicing expense | $21,443 | $21,443 | - | - | 29.9% |
| Other (as described) | DEPT OF EDUCATION REBATE FEES | $4,719 | $4,719 | - | - | 6.6% |
| Other (as described) | All other expenses | -$66,714 | -$66,714 | - | - | -93.1% |
| Total | $71,652 | 100% |
2011 · Form 990 · $761,055 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $365,612 | $365,612 | - | - | 48.0% | |
| Other (as described) | BAD DEBT EXPENSE | $136,060 | $136,060 | - | - | 17.9% |
| Other (as described) | DEPT OF EDUCATION FEES | $127,662 | $127,662 | - | - | 16.8% |
| Other (as described) | Servicing expense | $105,938 | $105,938 | - | - | 13.9% |
| Other (as described) | Operating expense | $61,423 | $61,423 | - | - | 8.1% |
| Fees: legal | $24,154 | $24,154 | - | - | 3.2% | |
| All other expenses | -$59,794 | -$59,794 | - | - | -7.9% | |
| Total | $761,055 | 100% |
2010 · Form 990 · $1,593,608 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $729,389 | $729,389 | - | - | 45.8% | |
| Other (as described) | SERVICING EXPENSE | $245,900 | $245,900 | - | - | 15.4% |
| Other (as described) | DEPT OF EDUCATION FEES | $202,704 | $202,704 | - | - | 12.7% |
| Other (as described) | BAD DEBT EXPENSE | $160,000 | $160,000 | - | - | 10.0% |
| Other (as described) | OPERATING EXPENSE | $110,019 | $110,019 | - | - | 6.9% |
| Fees: legal | $91,457 | $91,457 | - | - | 5.7% | |
| Other (as described) | AMORT - DEBT ISSUE COST | $43,851 | $43,851 | - | - | 2.8% |
| All other expenses | $10,288 | $10,288 | - | - | 0.6% | |
| Total | $1,593,608 | 100% |
2009 · Form 990 · $1,467,576 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $758,008 | $758,008 | - | - | 51.7% | |
| Other (as described) | DEPT OF EDUC FEES | $215,608 | $215,608 | - | - | 14.7% |
| Other (as described) | Servicing expense | $187,524 | $187,524 | - | - | 12.8% |
| Other (as described) | AMORTIZATION-DEBT ISSUE | $163,678 | $163,678 | - | - | 11.2% |
| Other (as described) | Operating expense | $122,643 | $122,643 | - | - | 8.4% |
| Other (as described) | All other expenses | $13,985 | $13,985 | - | - | 1.0% |
| Fees: legal | $6,130 | $6,130 | - | - | 0.4% | |
| Total | $1,467,576 | 100% |
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