Panhandle-plains Higher Education Foundation is a 501(c)(3) organization based in Canyon, Texas, registered in 1981, with $8,759,275 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$8.8M
▲ 42.0% vs prior year
Education median: $200K
Expenses (FY2024)
$7.0M
Net assets
$174.6M
Employees
—
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. Not scored for Panhandle-plains Higher Education Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Panhandle-plains Higher Education Foundation: 297 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
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. Not scored for Panhandle-plains Higher Education Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Panhandle-plains Higher Education Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $32.3M (FY2013) to $8.8M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
19.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$174.8M
Total liabilities
$269K
Net assets
$174.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,759,275▲42.0% | $7,046,781▲13.3% | $174,578,324▲5.3% | $174,847,285▲5.3% | 990 |
| 2023 | $6,170,024▲24.0% | $6,217,491▲21.1% | $165,860,628▲8.3% | $166,113,977▲8.3% | 990 |
| 2022 | $4,976,997▼61.7% | $5,135,823▲31.3% | $153,165,382▼15.6% | $153,414,797▼15.9% | 990 |
| 2021 | $13,006,465▼65.6% | $3,910,137▼89.2% | $181,491,405▲60.6% | $182,464,704▼65.7% | 990 |
| 2018 | $37,843,785▼12.5% | $36,164,523▼11.1% | $113,009,142▲1.5% | $532,567,370▼38.2% | 990 |
| 2017 | $43,245,344▲23.5% | $40,672,050▲27.1% | $111,329,880▲2.4% | $861,859,204▼8.4% | 990 |
| 2016 | $35,021,668▼0.2% | $31,999,734▲2.8% | $108,756,586▲2.9% | $940,463,986▼9.3% | 990 |
| 2015 | $35,075,221▲2.2% | $31,127,805▼2.3% | $105,734,652▲3.9% | $1,037,379,888▼9.3% | 990 |
| 2014 | $34,309,690▲6.4% | $31,871,938▲9.7% | $101,787,236▲2.5% | $1,144,310,488▲11.3% | 990 |
| 2013 | $32,257,332 | $29,044,832▼9.1% | $99,349,484▼3.5% | $1,027,947,799▼11.9% | 990 |
| 2012 | — | $31,949,321▼25.1% | $102,991,874 | $1,166,341,868▼15.8% | 990 |
| 2011 | — | $42,660,740▼7.7% | $102,945,209▼0.8% | $1,384,422,238▼13.3% | 990 |
| 2010 | — | $46,195,892▼13.2% | $103,766,274▲3.2% | $1,597,691,120▼14.0% | 990 |
| 2009 | — | $53,244,846 | $100,539,397 | $1,858,045,121 | 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.
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Data for Panhandle-plains Higher Education Foundation (EIN 23-7025386) 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.