RIVERWALK EDUCATION FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RIVERWALK EDUCATION FOUNDATION INC (EIN 01-0758906)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-18
IRS object ID
202540779349300034
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-18T15:16:10-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721088864PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LAPORTE APACBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 VETERANS MEMORIAL BLVD 600AddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP700054958ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010758906EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIVERWALK EDUCATION FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIVEBusinessNameControlTxt
Phone2109571955PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE LOOP 410AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78209ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFAWZY SHEMSHACKPersonNm
Person TitleSUPERINTENDENTPersonTitleTxt
Phone2109571955PhoneNum
Signature2025-03-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN S WILES CPAPreparerPersonNm
PTINP01222673PTIN
Phone5048355522PhoneNum
Preparation2025-03-18PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerFAWZY SHEMSHACKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE LOOP 410AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78209ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$141,902,616GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SSTSCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionOUR MISSION DRIVES ACADEMIC AND SOCIO-EMOTIONAL DEVELOPMENT (SEE SCHEDULE O) THROUGH A RIGOROUS COLLEGE PREPARATORY, STEM-BASED LEARNING MODEL. THE MODEL IS ANCHORED ON 21ST CENTURY SKILLS, EMBRACED BY A CHARACTER-BUILDING APPROACH, AND DELIVERED IN AN ENRICHING, SAFE, AND STUDENT-CENTERED LEARNING ENVIRONMENT.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee1840TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$121,353,737PYContributionsGrantsAmt
CY Contributions Grants$135,685,757CYContributionsGrantsAmt
PY Program Service Revenue$4,724,577PYProgramServiceRevenueAmt
CY Program Service Revenue$5,154,690CYProgramServiceRevenueAmt
PY Investment Income$2,364,978PYInvestmentIncomeAmt
CY Investment Income$1,062,169CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$128,443,292PYTotalRevenueAmt
CY Total Revenue$141,902,616CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$85,347,594PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$81,484,302CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$47,929,896PYOtherExpensesAmt
CY Other Expenses$54,093,042CYOtherExpensesAmt
PY Total Expenses$133,277,490PYTotalExpensesAmt
CY Total Expenses$135,577,344CYTotalExpensesAmt
PY Revenues Less Expenses-$4,834,198PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,325,272CYRevenuesLessExpensesAmt
Total Assets BOY$397,745,881TotalAssetsBOYAmt
Total Assets EOY$441,924,786TotalAssetsEOYAmt
Total Liabilities BOY$394,658,104TotalLiabilitiesBOYAmt
Total Liabilities EOY$432,511,737TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,087,777NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,413,049NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION DRIVES ACADEMIC AND SOCIO-EMOTIONAL DEVELOPMENT THROUGH ARIGOROUS COLLEGE PREPARATORY, STEM-BASED LEARNING MODEL. THE MODEL ISANCHORED ON 21ST CENTURY SKILLS, EMBRACED BY A CHARACTER-BUILDING APPROACH, AND DELIVERED IN AN ENRICHING, SAFE, (SEE SCHEDULE O) AND STUDENT-CENTERED LEARNING ENVIRONMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$91,657,719ExpenseAmt
Revenue$5,154,690RevenueAmt
DescSST, A PUBLIC CHARTER SCHOOL ACCREDITED BY THE TEXAS EDUCATION AGENCY, IS OPERATING UNDER THE RIVERWALK EDUCATION FOUNDATION. IT'S DEDICATED TO STEM EDUCATION, EMPHASIZING 21ST-CENTURY SKILLS AND CHARACTER DEVELOPMENT. ACROSS 20 CAMPUSES IN SAN ANTONIO, HOUSTON, AND CORPUS CHRISTI, SST NURTURES ABOUT 11,000 STUDENTS IN A DYNAMIC LEARNING ENVIRONMENT. DRIVEN BY A COLLEGE PREPARATORY, STEM-FOCUSED MODEL, SST INTEGRATES ACADEMIC AND SOCIO-EMOTIONAL GROWTH. ITS APPROACH COMBINES CHARACTER-BUILDING STRATEGIES WITH A STUDENT-CENTERED ETHOS, ENSURING A SAFE, ENRICHING EXPERIENCE FOR EVERY LEARNER.Desc
Total Program Service Expenses$91,657,719TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document612IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1840EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAWZY SHEMSHACKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2109571955PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE LOOP 410AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78209ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DR SULEYMAN TEK
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
MR CHRISTOPHER GEISEKE
VICE PRESIDENT5.00Yes (X)Yes (X)$0$0$0
DR TURGAY KORKMAZ
SECRETARY5.00Yes (X)Yes (X)$0$0$0
MR DENIS AKHIYAROV
MEMBER5.00Yes (X)$0$0$0
MRS VALARIE AKTEPE
TREASURER5.00Yes (X)Yes (X)$0$0$0
FAWZY SHEMSHACK
SUPERINTENDENT40.00Yes (X)$151,663$0$15,355
ATNAN EKIN
REGIONAL EXECUTIVE DIRECTOR40.00Yes (X)$132,933$0$11,786
KEVIN DEMIRCI
CHIEF OPERATIONS OFFICER40.00Yes (X)$117,453$0$10,622
GURAY TAYSEVER
PRINCIPAL40.00Yes (X)$130,314$0$9,403
ALPASLAN UZGOREN
PRINCIPAL40.00Yes (X)$118,739$0$9,403
ORHAN JACOBS
PRINCIPAL40.00Yes (X)$112,438$0$7,903
HACI MERT DILLI
PRINCIPAL40.00Yes (X)$129,074$0$9,403
HASAN KENDIRCI
PRINCIPAL40.00Yes (X)$103,820$0$9,153
TIRKISHMYRAT ATAKOV
PRINCIPAL40.00Yes (X)$109,316$0$9,153
MAKSATMYRAT ALTIYEV
REGIONAL EXECUTIVE DIRECTOR40.00Yes (X)$115,693$0$11,553
YVETTE ALVAREZ
SENIOR DIRECTOR OF SUPERINTENDENT'S OFFICE40.00Yes (X)$104,320$0$7,903
MUSA BAKI
PRINCIPAL40.00Yes (X)$112,250$0$6,247
SERDAR BULUT
PRINCIPAL40.00Yes (X)$118,159$0$8,003
HALIL CELIK
DIRECTOR OF PERSONNEL SERVICES40.00Yes (X)$107,590$0$9,403
HALIL CICEK
PRINCIPAL40.00Yes (X)$114,554$0$5,784
ALI DAL
PRINCIPAL40.00Yes (X)$101,848$0$7,903
MEHMET ERASLAN
DIRECTOR OF CCMR40.00Yes (X)$103,550$0$7,903
TANER ERTEKIN
REGIONAL DIRECTOR OF OPERATIONS40.00Yes (X)$110,387$0$7,903
RHIANNA FLORES
PRINCIPAL40.00Yes (X)$126,424$0$8,903
ELIZABETH JAMES
CHIEF ACADEMIC OFFICER40.00Yes (X)$103,579$0$403
KIMBERLY LARDIN
PRINCIPAL40.00Yes (X)$112,152$0$7,903
SOLTANMYRAT MATCHANOV
DIRECTOR OF PAYROLL40.00Yes (X)$102,580$0$7,903
MEHMET OGUZ
DIRECTOR OF STUDENT INFORMATION SYSTEM40.00Yes (X)$113,340$0$9,403
YASIN OZKILIC
PRINCIPAL40.00Yes (X)$100,595$0$9,654
MAGDALENA RIVERA
PRINCIPAL40.00Yes (X)$115,712$0$217
JESSICA ROMERO
PRINCIPAL40.00Yes (X)$111,410$0$7,903
MIKAIL YUKSEL
DIRECTOR OF INFORMATION TECHNOLOGY40.00Yes (X)$106,015$0$9,333
ZEKERIYA YUKSEL
SENIOR DIRECTOR OF INTERNAL AUDIT40.00$116,067$0$9,333Yes (X)
MUSTAFA KILILOGLU
CHIEF FINANCE OFFICER40.00$116,390$0$11,553Yes (X)
MURAT TUNCA
SENIOR DIRECTOR OF COLLEGE, CAREER AND SUPPO40.00$115,655$0$9,403Yes (X)
MEHMET OKUMUS
DIRECTOR40.00$111,589$0$7,284Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,545,609TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$263,978TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K20IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BARTLETT COCKE GENERAL CONTRACTORS LLC
8706 LOCKWAYSAN ANTONIOTX78217CONSTRUCTION$27,241,335
KEY CONSTRUCTION INC
741 W 2ND ST NWICHITAKS67203CONSTRUCTION$9,727,109
K-12 BY ELIOR
300 S TRYON STREET SUITE 400CHARLOTTENC28202CATERING SERVICES$3,982,514
CRYSTAL FACILITY SOLUTIONS INC
4807 GROVE BLVD SUITE 101STAFFORDTX77477JANITORIAL SERVICES$1,515,729
ALAMO ARCHITECTS INC
1512 SOUTH FLORESSAN ANTONIOTX78204ARCHITECT$1,403,630
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K55CntrctRcvdGreaterThan100KCnt
Government Grants$131,260,465GovernmentGrantsAmt
All Other Contributions$4,425,292AllOtherContributionsAmt
Total Contributions$135,685,757TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LOCAL SOURCE REVENUE611110$2,152,134$2,152,134
CAMPUS ACTIVITY REVENUE611110$2,060,084$2,060,084
FOOD SERVICE REVENUE611110$942,472$942,472
FieldValueIRS element (for citing)
Total Program Service Revenue$5,154,690TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,062,169TotalRevenueColumnAmt
Exclusion$1,062,169ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$141,902,616TotalRevenueColumnAmt
Related Or Exempt Func Income$5,154,690RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,062,169ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$996,434TotalAmt
Program Services$892,697ProgramServicesAmt
Management And General$103,737ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$71,599,537TotalAmt
Program Services$64,145,402ProgramServicesAmt
Management And General$7,454,135ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,503,646TotalAmt
Program Services$3,306,058ProgramServicesAmt
Management And General$197,588ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,124,940TotalAmt
Program Services$3,921,395ProgramServicesAmt
Management And General$203,545ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,259,745TotalAmt
Program Services$1,149,501ProgramServicesAmt
Management And General$110,244ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$30,012TotalAmt
Management And General$30,012ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$137,080TotalAmt
Management And General$137,080ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$16,213,128TotalAmt
Program Services$12,188,939ProgramServicesAmt
Management And General$4,024,189ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,858,368TotalAmt
Management And General$7,858,368ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$301,547TotalAmt
Program Services$236,535ProgramServicesAmt
Management And General$65,012ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$12,884,328TotalAmt
Management And General$12,884,328ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,621,525TotalAmt
Management And General$6,621,525ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$800,686TotalAmt
Management And General$800,686ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$5,234,155$4,583,053$651,102
REPAIRS & MAINTENAINCE$2,323,808$134,459$2,189,349
OTHER EXPENSES$1,620,043$1,050,475$569,568
TRAINING$68,362$49,205$19,157

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$135,577,344TotalAmt
Program Services$91,657,719ProgramServicesAmt
Management And General$43,919,625ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$68,053,019BOYAmt
EOY$40,051,933EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,605,647BOYAmt
EOY$23,943EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$23,568,097BOYAmt
EOY$23,434,488EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$378,240,781LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$31,218,944LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$282,888,725BOYAmt
EOY$347,021,837EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$531,689BOYAmt
EOY$607,251EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$20,098,704BOYAmt
EOY$30,785,334EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$397,745,881BOYAmt
EOY$441,924,786EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,172,368BOYAmt
EOY$12,816,257EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$185,290BOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$184,090,018BOYAmt
EOY$180,889,789EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$33,148,296EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$153,597,755BOYAmt
EOY$153,223,152EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$41,612,673BOYAmt
EOY$52,434,243EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$394,658,104BOYAmt
EOY$432,511,737EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$2,130,080BOYAmt
EOY$1,849,452EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,217,857BOYAmt
EOY$7,563,597EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,087,777BOYAmt
EOY$9,413,049EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$397,745,881BOYAmt
EOY$441,924,786EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,325,272ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,218,469OtherCostOrOtherBasisAmt
Book Value$36,218,469BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$203,274,053OtherCostOrOtherBasisAmt
Depreciation$25,015,172DepreciationAmt
Book Value$178,258,881BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,040,184OtherCostOrOtherBasisAmt
Depreciation$6,203,772DepreciationAmt
Book Value$3,836,412BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$128,708,075OtherCostOrOtherBasisAmt
Book Value$128,708,075BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$347,021,837TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
FINANCE LEASE RIGHT-OF-USE ASSETS$404,419
OPERATING LEASE RIGHT-OF-USE ASSETS$30,380,915
FieldValueIRS element (for citing)
Total Book Value Other Assets$30,785,334TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDescAmtAmt
WAGES PAYABLE$8,004,915
ACCRUED PAYROLL LIABILITIES$2,263,734
ACCRUED LIABILITIES$3,807,720
INTEREST PAYABLE$5,023,502
CURRENT PORTION OF FINANCE LEASE LIABILITIES$211,555
CURRENT PORTION OF OPERATING LEASE LIABILITIES$2,844,055
FINANCE LEASE LIABILITIES NET OF CURRENT PORTION$201,812
OPERATING LEASE LIABILITIES NET OF CURRENT PORTION$30,076,950
FieldValueIRS element (for citing)
Total Liability$52,434,243TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$141,902,616TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$141,902,616RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$141,902,616TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$135,577,344TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$135,577,344ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$135,577,344TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3ONLINE AND PAPER COPIES OF THE ADMISSION APPLICATION FOR ALL CAMPUSES HAVE A NONDISCRIMINATORY STATEMENT INCLUDED. SCHOOL BROCHURES WHICH ARE INCLUDED WITH ADMISSION APPLICATIONS AND INVITATION DOCUMENTS SENT TO OTHER SCHOOL DISTRICTS ALSO INCLUDE A NONDISCRIMINATORY POLICY.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES GOVERNMENTAL ASSISTANCE FROM BOTH STATE AND FEDERAL SOURCES.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonFAWZY SHEMSHACKPersonNm
TitleSUPERINTENDENTTitleTxt
Base Compensation Filing Org$151,663BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$15,355NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$167,018TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DANBURY HIGHER EDUCATION AUTHORITY
A760663443236035CG42014-04-15$7,669,520TO REFUND EXISTING BONDS AND NOTES AND TO FINANCE BUILDINGS AND STRUCTURES000
DANBURY HIGHER EDUCATION AUTHORITY
B760663443236035CG42016-05-10$2,041,000TO FINANCE NEW BUILDINGS AND STRUCTURES000
ARLINGTON HIGHER EDUCATION FINANCE CORPORATION
C273906171041806WF32019-12-17$189,867,705TO FINANCE NEW BUILDINGS AND STRUCTURES000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmt
A$2,905,000$7,669,520$457,809$153,390$1,040,999$6,017,3222015Yes (1)0Yes (1)Yes (1)
B$1,160,000$2,041,000$40,820$2,000,180201500Yes (1)Yes (1)
C$7,235,000$189,867,705$1,603,920$176,346,753$8,842,449201900Yes (1)Yes (1)$3,074,583

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0000000
B0000000
C0000000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000000000
B00Yes (1)000000
C000000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0
C0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BORGANIZATION'S PROCESS TO REVIEW FORM 990 FORM 990 IS REVIEWED BY MANAGEMENT AND MEMBERS OF GOVERNING BODY BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CALL MEMBERS OF THE ORGANIZATION ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE. RELATIONSHIPS WITH THIRD PARTIES ARE REVIEWED ANUALLY.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION PROCCESS FOR OFFICERS COMPENSATION IS REVIEWED ANUALLY AND ADJUSTED IN ACCORDANCE WITH SALARY SCALE.
FORM 990, PART VI, SECTION C, LINE 19WRITTEN REQUESTS FOR INFORMATION MAY BE SUBMITTED TO THE PRINCIPAL ADDRESS INDICATED ON FORM 990.
FORM 990, PART IX, LINE 11GEDUCATION FEES: PROGRAM SERVICE EXPENSES 12,188,939. MANAGEMENT AND GENERAL EXPENSES 4,024,189. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,213,128.
FORM 990, PART XI, LINE 2CTHIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

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