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BRAZOS EDUCATION LOAN AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$88.2M
Program Spending
100%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$73.9M
Total Assets
$983.2M
Total Liabilities
▼$750M
Net Assets
$233.2M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$2.9M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $88.2M | $0 | $73.9M | $983.2M | $233.2M |
| 2022IRS e-File | $80M | $0 | $68.1M | $1.1B | $230.7M |
| 2021 | $48.4M | $0 | $45M | $1.6B | $299.6M |
| 2020 | $70.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Thomas Ben Litle | President/ceo | 1 | $0 | $749.3K | $79.5K | $828.9K |
| Ricky Turman | Evp/coo/cfo/treasurer | 1 | $0 | $620.8K | $94.6K | $715.5K |
| Kelli Uttech | Evp, General Counsel | 1 | $0 | $398.7K | $78.9K | $477.6K |
| Tammy Harralson | Controller | 1 | $0 | $246.3K | $67.1K | $313.4K |
| Darrell Brooks | Assistant Treasurer | 1 | $0 | $219.2K | $62.2K | $281.4K |
| Tiffany Jones | Secretary | 1 | $0 | $102.8K | $29.3K | $132.1K |
Thomas Ben Litle
President/ceo
$828.9K
Hrs/Wk
1
Compensation
$0
Related Orgs
$749.3K
Other
$79.5K
Ricky Turman
Evp/coo/cfo/treasurer
$715.5K
Hrs/Wk
1
Compensation
$0
Related Orgs
$620.8K
Other
$94.6K
Kelli Uttech
Evp, General Counsel
$477.6K
Hrs/Wk
1
Compensation
$0
Related Orgs
$398.7K
Other
$78.9K
Tammy Harralson
Controller
$313.4K
Hrs/Wk
1
Compensation
$0
Related Orgs
$246.3K
Other
$67.1K
Darrell Brooks
Assistant Treasurer
$281.4K
Hrs/Wk
1
Compensation
$0
Related Orgs
$219.2K
Other
$62.2K
Tiffany Jones
Secretary
$132.1K
Hrs/Wk
1
Compensation
$0
Related Orgs
$102.8K
Other
$29.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Brent Helm | Director | 1 | $0 | $0 | $0 | $0 |
| Charles Madden | Director | 1 | $0 | $0 | $0 | $0 |
| Charles Reed | Director | 1 | $0 | $0 | $0 | $0 |
| Claude Ervin | Director | 1 | $0 | $0 | $0 | $0 |
| Clement Milam | Director | 1 | $0 | $0 | $0 | $0 |
| Davis Myers | Director | 1 |
Brent Helm
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Charles Madden
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Charles Reed
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $69.5M |
| $1.8B |
| $296.3M |
| 2019 | $91.7M | $0 | $88.3M | $2B | $295.7M |
| 2018 | $86.1M | $0 | $77.8M | $2.2B | $292.4M |
| 2017 | $83.1M | $0 | $71.6M | $2.5B | $284.1M |
| 2016 | $87.5M | $0 | $68.1M | $2.8B | $272.6M |
| 2015 | $41M | $0 | $30.3M | $3.1B | $253.2M |
| 2014 | $4.4M | $0 | $2.8M | $87.2M | -$183.3K |
| 2013 | $3.7M | $0 | $2.4M | $97.6M | -$1.8M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| $0 |
| $0 |
| $0 |
| $0 |
| Donald Schmeltekopf | Director | 1 | $0 | $0 | $0 | $0 |
| Dr Terry Maness | Director | 1 | $0 | $0 | $0 | $0 |
| Jane Allen | Director | 1 | $0 | $0 | $0 | $0 |
| Joe Nesbitt | Director | 1 | $0 | $0 | $0 | $0 |
| Justin Wiethorn | Director | 1 | $0 | $0 | $0 | $0 |
| Peter Kultgen | Director End: 04/24 | 1 | $0 | $0 | $0 | $0 |
Claude Ervin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Clement Milam
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Davis Myers
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Donald Schmeltekopf
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dr Terry Maness
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jane Allen
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Joe Nesbitt
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Justin Wiethorn
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Kultgen
Director End: 04/24
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0