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Education : Scholarship and Financial Support

Texas Tech Alumni Association

Support tradition

67.04

McKenzie-Merket Alumni Center 17th & University
Lubbock, TX 79409
tel: (888) 700-0855   Web Site
EIN: 75-6036607

Board Leadership
Randy Golden
Chair

CEO
Curt Langford
President & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 67.04
  Financial 59.47
  Accountability & Transparency 77.00
This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1927, the Texas Tech Alumni Association cultivates loyalty, tradition, service and lifelong relationships. The Association supports and assists in the development and increasing of the facilities of Texas Tech University by encouraging and establishing scholarships, engaging in the advancement of higher education through research and other literary and scientific undertakings, awarding alumni for outstanding work in promoting the welfare of the university, engaging in public relations on behalf of the university, assisting in keeping records and statistics on graduates and former students, publishing an alumni magazine, supporting local alumni groups, and encouraging donations to the university.

Founded in 1927, the Texas Tech Alumni Association cultivates loyalty, tradition, service and lifelong relationships. The Association supports and assists in the development and increasing of the facilities of Texas Tech University by encouraging and establishing scholarships, engaging in the advancement of higher education through research and other literary and scientific undertakings, awarding alumni for outstanding work in promoting the welfare of the university, engaging in public relations on behalf of the university, assisting in keeping records and statistics on graduates and former students, publishing an alumni magazine, supporting local alumni groups, and encouraging donations to the university.

Financial

59.47

Accountability & Transparency

77.00

This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
56.9%
  Administrative Expenses 22.3%
  Fundraising Expenses 20.7%
  Fundraising Efficiency $0.24
  Working Capital Ratio (years) 3.09
  Program Expenses Growth -4.3%
  Liabilities to Assets 24.9%
All data for Financial Performance Metrics calculations was provided by Texas Tech Alumni Association on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Texas Tech Alumni Association on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Texas Tech Alumni Association (TX) 67.04
Old Dominion Athletic Foundation (VA) 88.87
Marine Corps University Foundation (VA) 86.59
ASU Foundation (AZ) 97.45
Kansas University Alumni Association (KS) 86.36

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,039,646
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $75,000
   Government Grants $0
Total Contributions $3,114,646
   Program Service Revenue $355,784
Total Primary Revenue $3,470,430
   Other Revenue $441,860
TOTAL REVENUE $3,912,290
   
EXPENSES  
   Program Expenses $1,991,069
   Administrative Expenses $922,809
   Fundraising Expenses $671,547
TOTAL FUNCTIONAL EXPENSES $3,585,425
   
Payments to Affiliates $0
Excess (or Deficit) for the year $326,865
   
Net Assets $11,521,405

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
University Support Projects $233,704 11.7%
Chapter Member Services $92,521 4.6%
Scholarships $16,515 0.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 06/01/2021 67.04
2018-12 12/01/2019 68.65
2017-12 05/01/2019 68.72
2016-12 03/01/2018 69.05
2015-12 04/01/2017 72.08
2014-12 06/01/2016 73.67
 
CN 2.0
2014-12 02/01/2016 71.23
2013-12 07/01/2015 71.06
2012-12 11/01/2014 67.16

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 75-6036607
Name in IRS Master File TEXAS TECH ALUMNI ASSOCIATION
NTEE Code B84
NTEE Classification Alumni Associations
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (34) Alumni association or group
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1949
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$214,845 5.99% Curt Langford President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Texas Tech Alumni Association (TX) 67.04
Kappa Kappa Gamma Foundation (OH) 85.62
Kansas University Alumni Association (KS) 86.36
United States Coast Guard Academy Alumni Association (CT) 90.30
Georgia Southern University Athletic Foundation (GA) 86.09

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Charity Contact Info

Texas Tech Alumni Association
McKenzie-Merket Alumni Center
17th & University
Lubbock, TX 79409
tel: (888) 700-0855
fax: (806) 742-3604
EIN: 75-6036607

Mail donations to:
P.O. Box 45001
Lubbock, TX 79409

Visit Web Site

Board Leadership

Randy Golden
Chair

CEO

Curt Langford
President & CEO

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