Mission
BRAZOS EDUCATION LOAN AUTHORITY, INC.'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.
Public Charity
Brazos Education Loan Authority Inc
Based in Waco, TX, Brazos Education Loan Authority Inc operates as a Public Charity. The organization reported $62.1M in revenue, $51.2M in expenses, $815.5M in total assets for fiscal year 2025.
EIN: 203868073
Waco, TX
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$62.1M
Total Expenses$51.2M
Total Assets$815.5M
Grant Records0
Filing Years2021–2025
Where $100 goes at Brazos Education Loan Authority Inc
How Brazos Education Loan Authority Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Brazos Education Loan Authority held student loans under the title iv federal family education loan program (ffelp) and other alternative student loan programs
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Brent Helm
Director
Charles Madden
Director
Charles Reed
DIRECTOR
Claude Ervin
DIRECTOR
Clement Milam
ASSISTANT TREASURER
Darrell Brooks
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $62.1M | $51.2M | $815.5M |
| 2024 | $88.2M | $73.9M | $983.2M |
| 2023 | $80.0M | $68.1M | $1.1B |
| 2022 | $48.4M | $38.5M | $1.5B |
| 2021 | $48.4M | $45.0M | $1.6B |
Between 2021 and 2025, reported annual revenue grew from $48.4M to $62.1M (+28%), with total assets most recently reported at $815.5M.
Interactive year-over-year charts and full filing details available with membership.