RIVERWALK EDUCATION FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: RIVERWALK EDUCATION FOUNDATION INC (EIN 01-0758906)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-05-14
IRS object ID: 202421359349308222
Schema version: 2022v5.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-14T16:34:23-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	721088864	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LAPORTE APAC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 VETERANS MEMORIAL BLVD 600	AddressLine1Txt
City	METAIRIE	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	700054958	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	010758906	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RIVERWALK EDUCATION FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RIVE	BusinessNameControlTxt
Phone	2109571955	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5300 WURZBACH RD SUITE 800	AddressLine1Txt
City	LEON VALLEY	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78238	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	FEVZI SIMSEK	PersonNm
Person Title	SUPERINTENDENT	PersonTitleTxt
Phone	2109571955	PhoneNum
Signature	2024-05-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	FEVZI	PersonFirstNm
Person Last	SIMSEK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN S WILES CPA	PreparerPersonNm
PTIN	P01222673	PTIN
Phone	5048355522	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	FEVZI SIMSEK	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5300 WURZBACH RD SUITE 800	AddressLine1Txt
City	LEON VALLEY	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78238	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$128,443,292	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SSTSCHOOLS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	OUR 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 Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	1850	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$106,567,553	PYContributionsGrantsAmt
CY Contributions Grants	$121,353,737	CYContributionsGrantsAmt
PY Program Service Revenue	$2,652,009	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,724,577	CYProgramServiceRevenueAmt
PY Investment Income	$30,650	PYInvestmentIncomeAmt
CY Investment Income	$2,364,978	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$109,250,212	PYTotalRevenueAmt
CY Total Revenue	$128,443,292	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$70,445,581	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$85,347,594	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$45,383,239	PYOtherExpensesAmt
CY Other Expenses	$47,929,896	CYOtherExpensesAmt
PY Total Expenses	$115,828,820	PYTotalExpensesAmt
CY Total Expenses	$133,277,490	CYTotalExpensesAmt
PY Revenues Less Expenses	-$6,578,608	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$4,834,198	CYRevenuesLessExpensesAmt
Total Assets BOY	$396,093,988	TotalAssetsBOYAmt
Total Assets EOY	$397,745,881	TotalAssetsEOYAmt
Total Liabilities BOY	$389,569,593	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$394,658,104	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$6,524,395	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,087,777	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	OUR 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 Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$93,457,956	ExpenseAmt
Revenue	$4,724,577	RevenueAmt
Desc	SST, 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	$93,457,956	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	633	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	1850	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FEVIZ SIMSEK	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2109571955	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5300 WURZBACH RD SUITE 800	AddressLine1Txt
City	LEON VALLEY	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	78238	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DR SULEYMAN TEK
PRESIDENT	5.00	Yes (X)	Yes (X)	$0	$0	$0
MR CHRISTOPHER GEISEKE
VICE PRESIDENT	5.00	Yes (X)	Yes (X)	$0	$0	$0
DR TURGAY KORKMAZ
SECRETARY	5.00	Yes (X)	Yes (X)	$0	$0	$0
MR DENIS AKHIYAROV
MEMBER	5.00	Yes (X)		$0	$0	$0
MRS VALARIE AKTEPE
TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
FEVZI SIMSEK
SUPERINTENDENT	40.00		Yes (X)	$138,554	$0	$27,893
ATNAN EKIN
REGIONAL EXECUTIVE DIRECTOR	40.00		Yes (X)	$129,301	$0	$18,866
MUHAMMET PAKDIL
CHIEF FINANCE OFFICER	40.00		Yes (X)	$112,460	$0	$14,936
KEVIN DEMIRCI
CHIEF OPERATIONS OFFICER	40.00		Yes (X)	$112,220	$0	$16,541
GURAY TAYSEVER
PRINCIPAL	40.00		Yes (X)	$111,621	$0	$14,556
ALPASLAN UZGOREN
PRINCIPAL	40.00		Yes (X)	$110,621	$0	$16,211
ORHAN JACOBS
PRINCIPAL	40.00		Yes (X)	$104,793	$0	$15,662
HACI MERT DILLI
PRINCIPAL	40.00		Yes (X)	$103,778	$0	$15,019
HASAN KENDIRCI
PRINCIPAL	40.00		Yes (X)	$102,400	$0	$14,370
ZEKERIYA YUKSEL
SENIOR DIRECTOR	40.00			$113,546	$0	$15,075	Yes (X)
MUSTAFA KILILOGLU
CHIEF OF ACADEMICS	40.00			$112,220	$0	$16,824	Yes (X)
MURAT TUNCA
DIRECTOR	40.00			$108,021	$0	$14,279	Yes (X)
MEHMET OKUMUS
DIRECTOR	40.00			$107,796	$0	$14,608	Yes (X)
ABEL FABIAN DE LEON
DIRECTOR	40.00			$107,556	$0	$15,876	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,574,887	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$230,716	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	18	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
KEY CONSTRUCTION INC
741 W 2ND ST N	WICHITA	KS	67203	CONSTRUCTION	$20,475,236
BARTLETT COCKE GENERAL CONTRACTORS LLC
8706 LOCKWAY	SAN ANTONIO	TX	78217	CONSTRUCTION	$11,827,623
ALAMO ARCHITECTS INC
1512 SOUTH FLORES	SAN ANTONIO	TX	78204	ARCHITECT	$2,569,531
PREFERRED MEAL SYSTEMS INC
120 MEADOW KNOLL RD	DOUBLE OAK	TX	750778421	CATERING	$1,702,538
CDW GOVERNMENT INC
75 REMITTANCE DRSUITE 1515	CHICAGO	IL	60675	ELECTRONIC SUPPLIES	$1,609,017

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	54	CntrctRcvdGreaterThan100KCnt
Government Grants	$116,078,215	GovernmentGrantsAmt
All Other Contributions	$5,275,522	AllOtherContributionsAmt
Total Contributions	$121,353,737	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LOCAL SOURCE REVENUE	611110	$2,102,827	$2,102,827
CAMPUS ACTIVITY REVENUE	611110	$1,801,313	$1,801,313
FOOD SERVICE REVENUE	611110	$820,437	$820,437

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,724,577	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,364,978	TotalRevenueColumnAmt
Exclusion	$2,364,978	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$128,443,292	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,724,577	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,364,978	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,472,487	TotalAmt
Program Services	$1,349,972	ProgramServicesAmt
Management And General	$122,515	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$74,748,141	TotalAmt
Program Services	$68,528,912	ProgramServicesAmt
Management And General	$6,219,229	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,966,198	TotalAmt
Program Services	$3,616,802	ProgramServicesAmt
Management And General	$349,396	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,783,367	TotalAmt
Program Services	$3,598,524	ProgramServicesAmt
Management And General	$184,843	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,377,401	TotalAmt
Program Services	$1,270,801	ProgramServicesAmt
Management And General	$106,600	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$76,529	TotalAmt
Management And General	$76,529	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$120,599	TotalAmt
Management And General	$120,599	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$14,220,179	TotalAmt
Program Services	$6,859,714	ProgramServicesAmt
Management And General	$7,360,465	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,586,236	TotalAmt
Program Services	$38,038	ProgramServicesAmt
Management And General	$6,548,198	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$369,948	TotalAmt
Program Services	$211,998	ProgramServicesAmt
Management And General	$157,950	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$6,652,915	TotalAmt
Management And General	$6,652,915	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,021,210	TotalAmt
Management And General	$5,021,210	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$679,415	TotalAmt
Management And General	$679,415	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SUPPLIES	$7,992,377	$5,974,654	$2,017,723
REPAIRS & MAINTENAINCE	$3,062,515	$59,527	$3,002,988
OTHER EXPENSES	$3,061,233	$1,883,579	$1,177,654
TRAINING	$46,440	$32,880	$13,560

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$40,300	TotalAmt
Program Services	$32,555	ProgramServicesAmt
Management And General	$7,745	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$133,277,490	TotalAmt
Program Services	$93,457,956	ProgramServicesAmt
Management And General	$39,819,534	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$124,843,814	BOYAmt
EOY	$68,053,019	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$2,605,647	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$17,496,380	BOYAmt
EOY	$23,568,097	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$307,704,275	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$24,815,550	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$231,777,447	BOYAmt
EOY	$282,888,725	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$416,778	BOYAmt
EOY	$531,689	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$21,559,569	BOYAmt
EOY	$20,098,704	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$396,093,988	BOYAmt
EOY	$397,745,881	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$12,042,940	BOYAmt
EOY	$15,172,368	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$185,290	BOYAmt
EOY	$185,290	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$187,164,791	BOYAmt
EOY	$184,090,018	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$153,971,213	BOYAmt
EOY	$153,597,755	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$36,205,359	BOYAmt
EOY	$41,612,673	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$389,569,593	BOYAmt
EOY	$394,658,104	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,104,055	BOYAmt
EOY	-$2,130,080	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,420,340	BOYAmt
EOY	$5,217,857	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,524,395	BOYAmt
EOY	$3,087,777	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$396,093,988	BOYAmt
EOY	$397,745,881	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$4,834,198	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	$1,397,580	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$28,678,066	OtherCostOrOtherBasisAmt
Book Value	$28,678,066	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$177,368,485	OtherCostOrOtherBasisAmt
Depreciation	$15,927,899	DepreciationAmt
Book Value	$161,440,586	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,722,240	OtherCostOrOtherBasisAmt
Depreciation	$778,845	DepreciationAmt
Book Value	$7,943,395	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$92,935,484	OtherCostOrOtherBasisAmt
Depreciation	$8,108,806	DepreciationAmt
Book Value	$84,826,678	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$282,888,725	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
FINANCE LEASE RIGHT-OF-USE ASSETS	$63,632
OPERATING LEASE RIGHT-OF-USE ASSETS	$20,035,072

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$20,098,704	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDesc	AmtAmt
WAGES PAYABLE	$11,303,110
ACCRUED PAYROLL LIABILITIES	$1,127,969
ACCRUED LIABILITIES	$2,902,093
INTEREST PAYABLE	$5,218,493
CURRENT PORTION OF FINANCE LEASE LIABILITIES	$52,339
CURRENT PORTION OF OPERATING LEASE LIABILITIES	$2,584,794
FINANCE LEASE LIABILITIES NET OF CURRENT PORTION	$13,012
OPERATING LEASE LIABILITIES NET OF CURRENT PORTION	$18,410,863

Field	Value	IRS element (for citing)
Total Liability	$41,612,673	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$128,443,292	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$128,443,292	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$128,443,292	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$133,277,490	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$133,277,490	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$133,277,490	TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	ONLINE 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 6	THE ORGANIZATION RECEIVES GOVERNMENTAL ASSISTANCE FROM BOTH STATE AND FEDERAL SOURCES.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	FEVZI SIMSEK	PersonNm
Title	SUPERINTENDENT	TitleTxt
Base Compensation Filing Org	$138,554	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$27,893	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$166,447	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
DANBURY HIGHER EDUCATION AUTHORITY
A	760663443	236035CG4	2014-04-15	$7,669,520	TO REFUND EXISTING BONDS AND NOTES AND TO FINANCE BUILDINGS AND STRUCTURES	0	0	0
DANBURY HIGHER EDUCATION AUTHORITY
B	760663443	236035CG4	2016-05-10	$2,041,000	TO FINANCE NEW BUILDINGS AND STRUCTURES	0	0	0
ARLINGTON HIGHER EDUCATION FINANCE CORPORATION
C	273906171	041806WF3	2019-12-17	$189,867,705	TO FINANCE NEW BUILDINGS AND STRUCTURES	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capitalized InterestCapitalizedInterestAmt
A	$2,280,000	$7,669,520	$457,809	$153,390	$1,040,999	$6,017,322	2015	Yes (1)	Yes (1)	Yes (1)
B	$1,015,000	$2,041,000		$40,820	$2,000,180		2015	0	Yes (1)	Yes (1)
C	$4,700,000	$189,867,705		$1,603,920	$176,346,753	$8,842,449	2019	0	Yes (1)	Yes (1)	$3,074,583

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0
C	0	0	0	0	0	0	0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	0	0	0	0	0	0
B	0	0	Yes (1)	0	0	0	0	0	0
C	0	0	0	0	0	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	0
B	0
C	0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	ORGANIZATION'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 12C	ALL 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 15	COMPENSATION PROCCESS FOR OFFICERS COMPENSATION IS REVIEWED ANUALLY AND ADJUSTED IN ACCORDANCE WITH SALARY SCALE.
FORM 990, PART VI, SECTION C, LINE 19	WRITTEN REQUESTS FOR INFORMATION MAY BE SUBMITTED TO THE PRINCIPAL ADDRESS INDICATED ON FORM 990.
FORM 990, PART IX, LINE 11G	EDUCATION FEES: PROGRAM SERVICE EXPENSES 6,859,714. MANAGEMENT AND GENERAL EXPENSES 7,360,465. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,220,179.
FORM 990, PART XI, LINE 2C	THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.