Mission
BRAZOS EDUCATION LENDING CORPORATION'S MISSION IS TO MAKE EDUCATION A REALITY BY SUPPORTING PROGRAMS AND INITIATIVES TO FINANCE EDUCATIONAL OPPORTUNITIES.
Public Charity
Brazos Education Lending Corporation
Based in Waco, TX, Brazos Education Lending Corporation operates as a Public Charity. The organization reported $3.2M in revenue, $3.3M in expenses, $17.9M in total assets for fiscal year 2025.
EIN: 203870081
Waco, TX
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$3.2M
Total Expenses$3.3M
Total Assets$17.9M
Grant Records0
Filing Years2021–2025
Where $100 goes at Brazos Education Lending Corporation
How Brazos Education Lending Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 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 Lending Corporation held student loans under private 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
VP HUMAN RESOURCES
Andrew Ellis
DIRECTOR
Andy Popejoy
DIRECTOR
Clement Milam
TREASURER
Darrell Brooks
DIRECTOR
Dr David Myers
DIRECTOR
Dr Terry Maness
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.2M | $3.3M | $17.9M |
| 2024 | $2.8M | $2.5M | $9.6M |
| 2023 | $757K | $1.2M | $14.5M |
| 2022 | $709K | $711K | $3.4M |
| 2021 | $866K | $706K | $2.4M |
Between 2021 and 2025, reported annual revenue grew from $866K to $3.2M (+268%), with total assets most recently reported at $17.9M.
Interactive year-over-year charts and full filing details available with membership.