Austin College
85% goes to programs $11 to raise $100 Strong reserves Growing revenue
Austin College is a 501(c)(3) organization based in Sherman, Texas, registered in 1946, with $130,772,974 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
900 N Grand Ave, Sherman, TX, 75090 EIN 75-0827409 Since 1946
Revenue (FY2023)
$130.8M
▲ 34.7% vs prior year
Education median: $200K
Expenses (FY2023)
$86.4M
Net assets
$296.3M
Employees
874
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $11 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Austin College: 85% to programs · $11 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating41 mo reserves · +34% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Austin College: 41 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Austin College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Austin College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of austin college is to educate students in the liberal arts and sciences in order to prepare them for rewarding careers and for full, engaged and meaningful lives.
What they do
Other program services: student services such as extra-curricular programming, health services, loan cancellation for students, operations and maintenance of facilities for instructional purposes as well as academic support facilities.
Food service: 796 students purchased meal plans. in addition to servicing these students, the college also provided food service for special events and the many faculty, staff and other students served on a cash basis.
Residential living: the college provided housing for 916 students who resided on campus.
Contact & location
- Address
- 900 N Grand Ave, Sherman, TX, 75090
- City
- Sherman
- State
- Texas
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $67.4M (FY2013) to $130.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $43.7MNet assets $296.3M
Operating margin
33.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$340.1M
Total liabilities
$43.7M
Net assets
$296.3M
Salaries & benefits
$26.7M
31% of expenses
Board members
35
35 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $130,772,974▲34.7% | $86,380,701▲4.7% | $296,333,069▲7.3% | $340,056,858▲5.6% | 990 |
| 2022 | $97,081,968▲16.3% | $82,464,686▼3.5% | $276,291,344▲12.1% | $321,999,413▲9.5% | 990 |
| 2021 | $83,506,896▼7.9% | $85,430,964▲10.0% | $246,461,248▼10.8% | $294,151,852▼9.5% | 990 |
| 2020 | $90,714,379▲14.2% | $77,664,588▼3.2% | $276,242,236▲15.0% | $325,037,828▲9.4% | 990 |
| 2019 | $79,413,708▼9.2% | $80,245,985▼1.5% | $240,182,653▲2.1% | $297,085,241▲3.1% | 990 |
| 2018 | $87,490,648▼8.6% | $81,499,653▲4.4% | $235,208,547▲4.3% | $288,120,457▲2.9% | 990 |
| 2017 | $95,758,558▲25.4% | $78,038,404▲3.9% | $225,536,833▲9.7% | $279,963,347▲7.1% | 990 |
| 2016 | $76,375,082▲6.4% | $75,128,139▲6.7% | $205,581,677▲5.1% | $261,436,858▲2.6% | 990 |
| 2015 | $71,773,601▼1.0% | $70,440,330▲2.1% | $195,600,595▼4.6% | $254,894,439▼4.3% | 990 |
| 2014 | $72,529,197▲7.6% | $69,006,413▲10.2% | $205,114,447▼1.9% | $266,397,904▼2.3% | 990 |
| 2013 | $67,397,073 | $62,600,232▼1.2% | $208,981,065▲7.9% | $272,665,663▲8.4% | 990 |
| 2012 | — | $63,354,164▲58.7% | $193,706,005▲2.9% | $251,487,193▲7.6% | 990 |
| 2011 | — | $39,926,962▼0.1% | $188,251,811▼2.2% | $233,646,919▲1.6% | 990 |
| 2010 | — | $39,978,511 | $192,460,471 | $230,068,216 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Steven O'day — $584,520 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Steven O'day | President | 40 | $584,520 |
| Beth Gill | Vp Academic Affairs | 40 | $211,776 |
| J Pernell Jones | Vp For Business Affairs/secretary/treasurer | 40 | $208,982 |
| Diana Noller | Director of PA Program | 40 | $185,519 |
| Gillian Locke | Vp Institutional Advancement | 40 | $172,881 |
| Carllos Lassiter | Vp Student Affairs | 40 | $161,454 |
| Angela Sanders-banuelas | Assistant Professor of Medical Sciences | 40 | $152,293 |
| David Griffith | Dean of Social Sciences | 40 | $137,207 |
| Garrett Hubbard | Director of Institutional Technology | 40 | $128,730 |
| Mary Crouch | Senior Associate Vice President For Institutional Advancement | 40 | $125,709 |
| Amos J Disasa | Trustee | 1 | — |
| Bill Douglass | Trustee | 1 | — |
| Brent E Christopher | Trustee | 1 | — |
| Brian Ainsworth | Trustee | 1 | — |
| Caryn Schenewerk | Trustee | 1 | — |
| Catherine Kiki Mclean | Trustee | 1 | — |
| Craig B Florence | Trustee | 1 | — |
| David Corrigan | Trustee | 1 | — |
| Dr Donald M Gibson | Trustee | 1 | — |
| Gail Utter | Board Vice Chair | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aramark | Dining + Housekeeping | $4,707,896 |
| Champion Contractors | Roof Restoration | $3,893,834 |
| Williams Landscaping | Landscaping Services | $1,109,347 |
| Lloyd Plyler Construction LLP | Renovations of Dorms | $875,369 |
| Undaunted Agency | Media Buys Agency Fees | $514,219 |
Grants received · $3.5M total
82 grants to Austin College totaling $3.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $65,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $50,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $42,928 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $21,000 |
| American Online Giving Foundation Inc | General support | 2024 | $20,732 |
| Charities Aid Foundation America | Charitable donation | 2024 | $16,267 |
| The Dallas Foundation | General support | 2024 | $5,250 |
| Community Foundation of North Texas | For the endowment for the executive director of student success and access services | 2023 | $500,000 |
| Community Foundation of North Texas | For the endowment for the executive director of student success and access services | 2023 | $500,000 |
| Donor Advised Charitable Giving | Education | 2023 | $234,800 |
| American Online Giving Foundation Inc | General support | 2023 | $61,961 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $35,625 |
| National Philanthropic Tr | Education | 2023 | $23,500 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $22,282 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $20,000 |
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Compare Austin College
Frequently asked questions
- Is Austin College a legitimate nonprofit?
- Yes. Austin College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-0827409, based in Sherman, Texas. Donations are tax-deductible.
- What is Austin College's EIN?
- Austin College's Employer Identification Number (EIN) is 75-0827409.
- How much revenue does Austin College report?
- Austin College reported $130,772,974 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Austin College's spending goes to programs?
- Austin College spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Austin College have?
- CharityIndex grades Austin College A, based on program efficiency and fundraising cost.
- How much does Austin College's highest-paid employee make?
- The highest reported compensation on Austin College's latest Form 990 is $584,520, paid to Steven O'day (President).
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Data for Austin College (EIN 75-0827409) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.