TOTAL REVENUE - FISCAL 2025
$60,538,071
Up 38.6% from $43,674,667 in fiscal 2024.
Permian Basin Area Foundation
Midland, Texas - EIN 75-2295008 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Jul 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Jul 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Permian Basin Area Foundation reported $60,538,071 in revenue and $20,523,099 in expenses in fiscal 2025, a surplus of $40,014,972 for the year. Program services took $16,751,807 of expenses, or 81.6%. The organization closed the year with $383,039,745 in net assets - about 224.0 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$20,523,099
Revenue minus expenses: $40,014,972 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
81.6%
$16,751,807 of $20,523,099 went to program services.
NET ASSETS - END OF FISCAL 2025
$383,039,745
Total assets $391,063,630 minus total liabilities $8,023,885.
TOP EXECUTIVE PAY - FISCAL 2025
$475,435
Guy McCrary, President and CEO, as reported on the fiscal-2025 Form 990, filed Jul 15, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
9 Employees
Plus 76 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Jul 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $183,917 in fundraising expenses divided by $39,084,652 in total contributions. On cash contributions only: $0.01.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $39,084,652 |
| Of Which Cash Contributions | $32,810,931 |
| Of Which Donated Goods (Noncash) | $6,273,721 |
| Federated Campaigns | $0 |
| Membership Dues | $0 |
| Fundraising Events | $0 |
| Related Organizations | $0 |
| Government Grants | $0 |
| All Other Contributions | $39,084,652 |
| Program Service Revenue | $0 |
| Investment Income | $20,386,178 |
| Other Revenue | $1,067,241 |
| Total Revenue (All Sources) | $60,538,071 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
224.0 Months
of reserves - $383,039,745 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $1,710,258 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $391,063,630 |
| Total Liabilities | $8,023,885 |
| Liabilities as Share of Assets | 2.1% |
| Net Assets | $383,039,745 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Jul 15, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Guy McCrary - President and CEO | $475,435 | 2.32% |
| Cyndi Vara - Chief Financial Officer | $301,305 | 1.47% |
| Jennifer Steadman - Chief Operating Officer | $188,462 | 0.92% |
| Cari Whitaker - Finance and Accounting Administrator | $148,919 | 0.73% |
| Raymond Williams - Grants Officer | $137,031 | 0.67% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Jul 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
12 voting members, 12 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Guy McCrary | President and CEO |
| Cyndi Vara | Chief Financial Officer |
| Jennifer Steadman | Chief Operating Officer |
| Cari Whitaker | Finance and Accounting Administrator |
| Raymond Williams | Grants Officer |
| Wesley Bownds | Chair |
| R Alan Hale | Vice-Chair |
| Bryan Heflin | Secretary - Treasurer |
| Bethany Etheredge | Director |
| Mara Hobbs | Director |
| Andrew Semer | Director |
| G E Peterson | Director |
| Madison Rose | Director |
| Reggie Baker | Director |
| Steve Barron | Director |
| Lindsay Ridgeway | Director |
| Blane Heflin | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence12 voting / 12 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $16,278,287 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Alamo Heights Baptist Church General operating and program support | $16,722 |
| Alpine Independent School District School Supplies for the 2025 and 2026 School year and post secondary pathways | $61,500 |
| Amy Bell Charities Inc International support for the Amy Bell African Fund | $10,000 |
| Amy Bell Sports Foundation Inc General support including the architecture phase of the Foundation project | $300,000 |
| AQHA Foundation Support to the Amy D Bell Pay It Forward Memorial Scholarship and the Museum Renovation Fund | $55,000 |
| Archway Outreach Mental Health Session fee assistance | $50,000 |
| Arise Africa Inc General operating and program support | $150,000 |
| Arts Council of Midland Maintenance and upkeep of the Scarborough Linebery Home | $22,035 |
| Baptist Memorials Ministries General operating and program support | $40,291 |
| Basin Dream Center for Orphans General operating and program support | $65,000 |
| Basin Theatre Works Theater program support | $20,108 |
| Bergheim Christian Fellowship Capital campaign support | $500,000 |
| Big Bend Conservancy Property acquisition | $50,419 |
| Big Bend Conservation Alliance Program support for Next Generation of Environmental Leaders | $40,000 |
| Big Brothers Big Sisters of the Permian Basin General operating and program support | $116,035 |
| Billy Graham Evangelistic Association General operating and program support | $17,928 |
| Borderlands Research Institute for Natural Resource Management General operating and program support | $35,500 |
| Boys and Girls Club of Midland General operating and program support | $8,301 |
| Boys and Girls Club of Odessa General operating and program support | $29,903 |
| Breaking Bread Ministries General operating and program support | $34,568 |
| Bridges for Peace BFP International General operating and program support | $29,260 |
| Brite Divinity School Support for student scholarships with priority to Permian Basin students | $21,609 |
| Buffalo Trail Council Boy Scouts of America General operating and program support in Honor of Steve Castle | $7,826 |
| Bynum School General operating and program support including client expenses | $497,996 |
| Camp Fire USA West Texas Council General operating and program support | $5,686 |
| Casa de Amigos of Midland Inc General operating and program support and scholarship funds for participants in the Take 2 Job Skills Training | $92,099 |
| CASA of West Texas General support to recruit and train and volunteers | $115,000 |
| Catholic Charities Community Services of Odessa General operating and program support | $22,867 |
| Center for Christian Growth Inc Capital and facilities support and support of T Bar M Forward | $50,000 |
| Centers for Children and Families Inc General operating and program support to provide counseling services for veterans and their families | $59,234 |
| Chihuahuan Desert Research Institute General operating and program support for 2025 and 2026 | $35,000 |
| Christmas in Action Inc General operating and program support | $177,680 |
| City of Midland Support for Beal Park Development | $25,000 |
| City of Midland Aquatics Inc General operating and program support | $132,583 |
| Community Childrens Clinic General operating and program support for clinic for low income clients | $47,925 |
| Crisis Center of West Texas General operating and program support and Louise Wood Angel House generator | $40,000 |
| CRU National General operating and program support for Missional for account 0588151 | $10,000 |
| Ellen Noel Art Museum General operating and program support including support in Honor of Lissa Wagner | $90,351 |
| Evergreen Cemetery Association General operating support for cemetery | $75,463 |
| Family Crisis Center of the Big Bend Inc Capital and facilities support including paving for building | $248,750 |
| Family Promise of Midland General operating and program support for family assistance programs | $71,909 |
| Fellowship of Christian Athletes Support for an endowment benefitting Permian FCA over 3 Years and FCAs Global Mission of converting athletes to Christ through Coaches and Huddles | $17,000 |
| First Christian Church General operating support for Disciples Food Pantry | $12,909 |
| First Presbyterian Church General operating support and capital and facilities support | $33,922 |
| First United Methodist Church Midland General operating and program support | $50,000 |
| Fix West Texas Support for preventative care adoption services for pets and pet owners | $25,000 |
| Fort Stockton Historical Society Capital and facilities support including the Annie Riggs Museum roof project | $70,000 |
| Free the Oppressed International aid and general operating and program support for Aid to refugees in Myanmar | $36,068 |
| Friends Of The Midland County Public Library General operating and program support | $16,361 |
| Friendship House General operating and program support for client programs | $74,568 |
| Frio Canyon EMS General operating and program and capital support for building construction | $125,500 |
| Frio Canyon Garden Club General operating and program support | $20,000 |
| George Bush Presidential Library Foundation General support for the James A Baker III Pavilion | $100,000 |
| Girl Scouts of the Desert Southwest General operating and program support | $36,425 |
| Glen Rose ISD Scholarships for the golf team | $11,000 |
| Goodnight Loving Trail Incorporated Support associated with the Horsehead Crossing Educational Event | $6,000 |
| Greater Ideal Family Life Center Support for Day Camp and Stem | $50,000 |
| Greenwood ISD Educational Foundation Support for Educational Programs | $76,000 |
| High Sky Childrens Ranch General operating and program support | $79,292 |
| Hillcrest School General operating and program support | $11,813 |
| Historic Cane Hill Inc General operating and program support | $720,000 |
| Holy Trinity Episcopal Church General operating and program support | $78,895 |
| Hospice of Midland General operating and program support | $74,698 |
| Howard College at Big Spring General operating and program support | $5,339 |
| Idle Hands Ministries Support of costs associated with the capital initiative | $14,000 |
| Independent Beer Distributors Relief Fund Support for Texas flood relief | $8,000 |
| Keep Midland Beautiful General operating and program support | $15,000 |
| Leakey ISD Student scholarships | $26,250 |
| Lilah Smith Safehouse General operating and program support | $40,000 |
| Literacy Coalition Of The Permian Basin General operating and program support including the Dolly Parton Reading Program | $10,000 |
| Lone Star Sanctuary for Animals General operating and program support | $40,000 |
| Manor Park Inc General operating and program and capital support including Age of Renewal Campaign | $436,334 |
| Marathon Independent School District Support for the Teacher Housing Initiative | $122,000 |
| Marathon Primary Care Service Inc General operating and program support for Clinic | $70,000 |
| Marfa Education Foundation General operating and program support for teacher grants and technology for Marfa ISD | $55,000 |
| Marfa Public Radio General operating and program support and in Honor of Elise Pepple | $16,500 |
| Martin County Convent General operating and program support in appreciation for hosting the 2025 Martin County Brunch | $7,738 |
| Martin County Historical Museum General operating and program support to include repairs to the Connell House and surrounding grounds | $55,875 |
| McDonald Observatory General operating and program support to include the final phase of the historic McDonald visitor upgrade | $196,479 |
| Meadows Mental Health Policy Institute for Texas General support for capital and facilities including the West Texas School Mental Health Expansion Initiative Into Region 18 Schools | $100,000 |
| Midland Army Airfield Foundation General operating and program support | $50,000 |
| Midland Athletic Syndicate Inc General support for capital and facilities for youth development | $185,000 |
| Midland Baptist Crisis Center Support to provide food and clothing and info to clients | $10,000 |
| Midland Childrens Rehabilitation Center General operating and program support | $59,568 |
| Midland College Foundation General operating and program support including the PPDC and Friends of the Series | $28,000 |
| Midland County Public Library Foundation General operating and program support | $8,612 |
| Midland Fair Havens General operating and program support | $56,051 |
| Midland Festival Ballet Support for the Midland Festival Ballets 2025 and 2026 | $40,000 |
| Midland Habitat for Humanity General operating and program support including the Affordable Housing Procurement | $244,609 |
| Midland Historical Society General housing and shelter support for the Brown Dorsey Home | $10,000 |
| Midland Humane Coalition General operating and program support | $19,724 |
| Midland Memorial Foundation General operating and program and capital support including the Campaign for Tomorrow campaign and in Memory of Rosalind Grover | $138,093 |
| Midland Rape Crisis and Childrens Advocacy Center General support for capital and facilities | $100,000 |
| Midland Shared Spaces Inc General operating and program support | $10,000 |
| Mission Agape General operating and program support | $59,568 |
| Mission Center Adult Day Service General support for health care and activity programs for elderly individuals and disabled adults | $34,738 |
| Momentus Institute General operating and program support | $10,000 |
| Monahans Kids Zone General support for capital and facilities for youth development | $90,000 |
| Nonprofit Management Center of the Permian Basin General support for capital and facilities including the Rural Nonprofit Capacity Building Initiative and underwriting associated with the 2025 Beacon Awards | $35,000 |
| Odessa Christian School General operating and program support for education | $7,364 |
| Odessa Christmas in Action Inc General operating and program support including Christmas in Action | $60,000 |
| Odessa College Foundation General operating and program support and scholarships and student aid including welding and dual credit tuition | $157,587 |
| Odessa Cultural Council DBA Odessa Arts Support for arts in Ector County | $25,000 |
| One Accord for Kids General operating and program support including foster care programs in West Texas | $50,000 |
| Opportunity Tribe Support for student and youth programs | $85,000 |
| Partners Relief and Development International support and including humanitarian aid associated with the Syrian Civil War and assistance for Rohingya refugees in Bangladesh | $55,000 |
| PermiaCare General support including IDD for Permian Basin clients | $100,000 |
| Permian Basin Be the Change General support including Mental Health for area students | $20,000 |
| Permian Basin Gifts of Hope General operating and program support | $99,000 |
| Permian Basin Honor Flight General operating and program support for Veteran Flights | $35,000 |
| Permian Basin Mission Center General operating and program support for low income and elderly Ector County residents | $75,000 |
| Permian Basin Public Telecommunications Inc Basin PBS General operating and program support for sustaining local programming for West Texas | $200,500 |
| Pink the Basin Inc General support for client health | $40,000 |
| Reflection Ministries of Texas General operating and program support for survivor services | $154,568 |
| Safe Place of the Permian Basin General operating and program support and housing and shelter support for shelter and client assistance | $82,896 |
| Saluvida Inc Marfa Food Pantry General operating and program support | $20,000 |
| Salvation Army of Midland General operating and program support | $69,988 |
| Samaritan Counseling Center General operating and program support for counseling services for veterans and their families | $44,553 |
| School of Constructive Arts General operating and program support | $15,000 |
| Science Mill Support for Stem camps for Leakey ISD students | $6,666 |
| Seek First Midland General operating and program support | $34,568 |
| Senior Life Midland General operating and program support for Meals on Wheels | $90,555 |
| Share Sharing Hands A Respite Experience General operating and program support for IDD clients | $96,916 |
| Sibley Environmental Learning Center Foundation Inc Sibley Nature Center General operating and program support | $83,962 |
| South Texas Charity Weekend Inc General operating and program support including STCW | $25,000 |
| Southwest Radio Church of the Air General operating and program support | $24,117 |
| Special Olympics Texas Inc General operating and program support | $11,089 |
| Spectrum of Solutions General operating and program support and capital and facilities and youth development | $289,888 |
| St Johns Episcopal School General operating and program support | $44,291 |
| St Lukes United Methodist Church Matching grant program in support of church operations | $25,000 |
| St Lukes Episcopal School General support of the Annual Fund | $25,000 |
| Sul Ross State University Scholarship and student aid | $22,000 |
| Sunshine House Inc Support for capital and facilities including purchase and improvement | $928,000 |
| Teen Challenge Adult Centers of Texas Inc General operating and program support | $197,904 |
| Teen FLOW Youth Ministry General operating and program support for youth services | $150,988 |
| Terrell County ISD Education support including CTE and college prep | $40,000 |
| Texas A and M Foundation Support for Texas A and M Agrilife Leach Teaching Gardens Relocation | $100,000 |
| Texas A and M University 12th Man Foundation Support for the RC Slocum statue | $25,000 |
| Texas A and M University Kingsville Foundation Capital and facilities and environment and conservation support for the Ocelot Facility and the Caesar Kleberg Wildlife Research Institute Hill Country Conservation and Management | $135,000 |
| Texas Baptist Men Support for disaster relief and the area of greatest need in Hill Country disaster relief | $60,000 |
| Texas Tech Foundation Support for the Rachel E Hudson European Studies Endowed Scholarship and Perinatal mental health | $105,000 |
| Texsar Disaster relief for Texas flood reilef | $25,000 |
| The Association of Former Students General operating and program support | $15,000 |
| The Fields Edge General operating and program support for the Tiny Home Village and Neighbor Care and Glean Up | $104,568 |
| The Life Center General operating and program support | $56,051 |
| The Recording Library of West Texas General operating and program support | $63,971 |
| The Springboard Center General operating and program support for client program costs | $120,898 |
| The University of Texas MD Anderson Cancer Center General support for Polo on the Prairie | $100,000 |
| Trinity School of Midland General operating and program support including the Light the Way Campaign and the Annual Fund and student support | $2,254,485 |
| United Way of Big Spring General operating and program support | $19,404 |
| United Way of Midland Capital and facilities and youth development and general operating and program support including in Honor of Tommy Ortloff for the United Way Matching Campaign | $46,422 |
| University of Illinois Foundation Scholarships and student aid | $8,000 |
| University of Texas at Austin Cockrell School of Engineering Scholarships and student aid | $7,000 |
| University of Texas at Austin Jackson School of Geosciences Scholarships and student aid | $30,000 |
| University of Texas of the Permian Basin Scholarships and student aid | $183,649 |
| Wake Forest University General operating and program support | $20,000 |
| Ward County Greater Works Inc General support for Food Pantry | $10,000 |
| Watersong Wild Space General operating and program support | $19,724 |
| West Texas Food Bank General operating and program support | $114,716 |
| West Texas Gifts of Hope General operating and program support | $100,000 |
| West Texas Symphony General operating and program support | $155,035 |
| Yellowstone Forever Support for Native Fish Conservation | $50,000 |
| YMCA of Midland General operating and program support | $15,000 |
| Young Life General support for Mission Unit 1172 and the Lone Hollow Ranch | $145,988 |
| Young Life Midland General operating and program support | $27,339 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $43,674,667 | - |
| Fiscal 2025 | $60,538,071 | +38.6% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed Jul 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.