Williamson County A&m Foundation Inc

Nonprofit profile at a glance

EIN
208434724
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2020, Form 990-EZ 2024, Form 990-N 2012
Location
Georgetown, TX, USA
Phone
5128182991
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$47,586
Expenses
$14,630
Assets
$125,246

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DAVID JOHNSON (PRESIDENT)

People named in this filing

  • DAVID JOHNSON (PRESIDENT)
  • PATRICIA KATT (VP FINANCE)
  • KRISTINE WARREN (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

The williamson county a&m foundation, inc. Is organized for charitable and educational purposes. The foundation is dedicated to providing scholarships for senior students graduating from williamson county, Texas high schools who plan to attend Texas a & m univeristy in college station, Texas. Major source of revenue will be fund raising events as well as the receipt of contributions. No professional fund raising organizations are engaged. Former students and friends of Texas a & m univeristy provide all efforts for fund raising events on a volunteer basis.

What it reported doing in 2024

The primary exempt purpose of this foundation is to provide scholarships to students of williamson county, Texas high schools who plan to attend Texas a & m univertiy in college station, Texas.

Operating model

Revenue model
Donor-supported. 67% of the money available for current operations came from contributions and gifts.
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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.3%; rating input score 29
  • Program expense ratio: 94%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 69.3%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 8.56; rating input score 91; 91st 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: -0.8% per year; rating input score 0; 46th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 29.3% of revenue deployed · 94% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.