TGWA Scholarship Foundation
Nonprofit profile at a glance
- EIN
- 831017909
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024, Form 990-N 2019
- Location
- Bryan, TX, USA
- Phone
- 5124727437
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $70,175
- Expenses
- $26,262
- Assets
- $479,525
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Jim Jackson (President)
People named in this filing
- Jim Jackson (President)
- Mike Pyburn (VP/Treasurer)
- Dawn Hatley (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
TGWA Scholarship Foundation was created to further the mission of Texas Ground Water Association by awarding scholarships to Texas undergraduate students who have a background or interest in groundwater and the water well drilling industry.
What it reported doing in 2024
TGWA Scholarship Foundation awarded scholarships to Texas undergraduate students who have a background or interest in groundwater and the water well drilling industry.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.6%; rating input score 33
- Program expense ratio: 87%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 62.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 18.26; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: -0.2% per year; rating input score 0; 50th percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 32.6% of revenue deployed · 87% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.