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Foundation For A Globally Competitive Texas

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$205k (2023)

Expenses
$240k (2023)

Total Assets
$55.5k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$205,381
Expenses
$239,665
Net Income
-$34,284
Net Assets
$55,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $208,536
> 100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,155
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,510
Total Liabilities $0
Net Assets $55,510
Compensation
Key Employees and Officers Compensation Related Other
Nick Serafy (Chairman) $0 $0 $0
Colleen Mc Hugh (Treasurer) $0 $0 $0
Kyndel Bennett (Director) $0 $0 $0
Gay Gaddis (Director) $0 $0 $0
Reba Cardenas Mc Nair (Director) $0 $0 $0
Tym Tombar (Director) $0 $0 $0
Justin Yancy (Executive Dir/Secretary) $0 $275,008 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$118,250
Expenses
$147,407
Net Income
-$29,157
Net Assets
$89,794
Notable Sources of Revenue Percent of Total Revenue
Contributions $135,100
> 100%
Program Services $0
Investment Income $0
Net Fundraising -$16,850
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $89,794
Total Liabilities $0
Net Assets $89,794
Compensation
Key Employees and Officers Compensation Other
Nick Serafy (Chairman) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Kent Eastman (Board Member) $0 $0
Gay Gaddis (Board Member) $0 $0
Woody L Hunt (Board Member) $0 $0
Tym Tombar (Board Member) $0 $0
Justin Yancy (Executive Director/Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$294,946
Expenses
$218,675
Net Income
$76,271
Net Assets
$118,951
Notable Sources of Revenue Percent of Total Revenue
Contributions $291,935
99.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $3,011
1.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $118,951
Total Liabilities $0
Net Assets $118,951
Compensation
Key Employees and Officers Compensation Related Other
Woody Hunt (President) $0 $0 $0
Colleen Mc Hugh (Treasurer) $0 $0 $0
Justin Yancy (Executive Director/Secretary) $0 $205,140 $0
Kent Eastman (Director) $0 $0 $0
Gay Gaddis (Director) $0 $0 $0
Nick Serafy (Director) $0 $0 $0
Tym Tombar (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$130,000
Expenses
$124,432
Net Income
$5,568
Net Assets
$42,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $130,000
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $42,680
Total Liabilities $0
Net Assets $42,680
Compensation
Key Employees and Officers Compensation Other
Woody Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Kent Eastman (Director) $0 $0
Gay Gaddis (Director) $0 $0
Nick Serafy (Director) $0 $0
Tym Tombar (Director) $0 $0
Justin Yancy (Exec Dir/Sec) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$85,670
Expenses
$69,811
Net Income
$15,859
Net Assets
$37,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $85,670
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $37,112
Total Liabilities $0
Net Assets $37,112
Compensation
Key Employees and Officers Compensation Other
Woody Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Kent Eastman (Director) $0 $0
Gay Gaddis (Director) $0 $0
Nick Serafy (Director) $0 $0
Tym Tombar (Director) $0 $0
Justin Yancy (Executive Dir.) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$99,598
Expenses
$91,710
Net Income
$7,888
Net Assets
$21,253
Notable Sources of Revenue Percent of Total Revenue
Contributions $99,598
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $21,253
Total Liabilities $0
Net Assets $21,253
Compensation
Key Employees and Officers Compensation Other
Woody Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
John Dickson (Director) $0 $0
Kent Eastman (Director) $0 $0
Gay Gaddis (Director) $0 $0
Nick Serafy (Director) $0 $0
Tym Tombar (Director) $0 $0
Justin Yancy (Executive Dir.) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$54,095
Expenses
$56,732
Net Income
-$2,637
Net Assets
$13,365
Notable Sources of Revenue Percent of Total Revenue
Contributions $54,095
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $13,365
Total Liabilities $0
Net Assets $13,365

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$28,640
Expenses
$76,839
Net Income
-$48,199
Net Assets
$16,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,640
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $16,002
Total Liabilities $0
Net Assets $16,002
Compensation
Key Employees and Officers Compensation Other
Woody L Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Justin Yancy (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$25,000
Expenses
$13,805
Net Income
$11,195
Net Assets
$64,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,000
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $64,201
Total Liabilities $0
Net Assets $64,201
Compensation
Key Employees and Officers Compensation Other
Woody L Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Justin Yancy (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$30,100
Expenses
$12,436
Net Income
$17,664
Net Assets
$53,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,100
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $53,006
Total Liabilities $0
Net Assets $53,006
Compensation
Key Employees and Officers Compensation Other
Woody L Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Justin Yancy (Secretary) $0 $0
Bernie Francis (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$20,000
Expenses
$9,916
Net Income
$10,084
Net Assets
$35,342
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,000
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $35,342
Total Liabilities $0
Net Assets $35,342
Compensation
Key Employees and Officers Compensation Other
Woody L Hunt (President) $0 $0
Colleen Mc Hugh (Treasurer) $0 $0
Justin Yancy (Secretary) $0 $0
Bernie Francis (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$91,162
Expenses
$81,830
Net Income
$9,332
Net Assets
$25,258
Notable Sources of Revenue Percent of Total Revenue
Contributions $91,162
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $25,258
Total Liabilities $0
Net Assets $25,258

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$23,540
Expenses
$76,375
Net Income
-$52,835
Net Assets
$15,926
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,540
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $15,926
Total Liabilities $0
Net Assets $15,926

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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