BETA

VARNETT SCHOOLS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
VARNETT SCHOOLS INC (EIN 76-0297121)
Tax period
2022-09-01 to 2023-08-31
Filed
2024-10-21
IRS object ID
202432959349300423
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-21T09:58:43-05:00ReturnTs
Tax Period End2023-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER AND TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12300 N FIELD ST STE 1000AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75201ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760297121EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE VARNETT SCHOOLS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVARNBusinessNameControlTxt
Phone7137234699PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1457AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77251ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR MATTHEW PLUMMERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7137234699PhoneNum
Signature2024-09-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSARA BURKHARTPreparerPersonNm
PTINP01435955PTIN
Phone9367568127PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR MATTHEW PLUMMERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1457AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77251ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,212,008GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VARNETT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE VARNETT PUBLIC SCHOOL IS TO PROVIDE A RIGOROUS ACADEMIC PROGRAM WHICH MEETS THE NEEDS OF OUR DIVERSE POPULATION.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee200TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$21,754,653PYContributionsGrantsAmt
CY Contributions Grants$17,866,910CYContributionsGrantsAmt
PY Program Service Revenue$157,109PYProgramServiceRevenueAmt
CY Program Service Revenue$120,809CYProgramServiceRevenueAmt
PY Investment Income$110,827PYInvestmentIncomeAmt
CY Investment Income$209,115CYInvestmentIncomeAmt
PY Other Revenue-$130,168PYOtherRevenueAmt
CY Other Revenue$15,174CYOtherRevenueAmt
PY Total Revenue$21,892,421PYTotalRevenueAmt
CY Total Revenue$18,212,008CYTotalRevenueAmt
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$11,820,347PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,688,788CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,752,882PYOtherExpensesAmt
CY Other Expenses$7,326,919CYOtherExpensesAmt
PY Total Expenses$18,573,229PYTotalExpensesAmt
CY Total Expenses$18,015,707CYTotalExpensesAmt
PY Revenues Less Expenses$3,319,192PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$196,301CYRevenuesLessExpensesAmt
Total Assets BOY$26,684,874TotalAssetsBOYAmt
Total Assets EOY$27,218,383TotalAssetsEOYAmt
Total Liabilities BOY$3,234,287TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,571,495TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$23,450,587NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$23,646,888NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE VARNETT PUBLIC SCHOOL IS TO PROVIDE A RIGOROUS ACADEMIC PROGRAM WHICH MEETS THE NEEDS OF OUR DIVERSE POPULATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$16,637,550ExpenseAmt
Revenue$120,809RevenueAmt
DescTHE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN, SERVING MOSTLY MINORITY STUDENTS.Desc
Total Program Service Expenses$16,637,550TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
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 Bonds0TaxExemptBondsInd
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 ContriYes (1)DeductibleNonCashContriInd
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 Document45IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee200EmployeeCnt
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 Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATTHEW PLUMMERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7137234699PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1457AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77251ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ANTOY BELL
BOARD MEMBER1.00Yes (X)$0$0$0
MALAKI SIMS
BOARD MEMBER1.00Yes (X)$0$0$0
SARA DONATTO
BOARD MEMBER1.00Yes (X)$0$0$0
CYNTHIA HUMPHREY
BOARD MEMBER1.00Yes (X)$0$0$0
DR MATTHEW PLUMMER
PRESIDENT10.00Yes (X)$0$0$0Yes (X)
DR EDGARDO COLON
TREASURER10.00Yes (X)$0$0$0Yes (X)
CLARENCE WHITE III
SECRETARY10.00Yes (X)$0$0$0Yes (X)
SANDRA SMITH
CHIEF FINANCIAL OFFICER60.00$192,532$0$5,060Yes (X)
MARGARET STROUD
SUPERINTENDENT60.00$264,037$0$0Yes (X)
NITA WHITE
SUPERINTENDENT60.00$0$0$0Yes (X)
NI'COLE GOLD
CHIEF ACADEMIC OFFICER40.00$135,281$0$10,224Yes (X)
TERRELL RUSSELL
GENERAL MANAGER FMOT40.00$121,846$0$10,224Yes (X)
JEFFREY SILER
TECHNOLOGY DIRECTOR40.00$118,296$0$0Yes (X)
CONRAD MCCONNELL
COMMUNICATIONS DIRECTOR40.00$105,479$0$5,060Yes (X)
GAYLE VOLTZ
EAST CAMPUS DIRECTOR40.00$104,520$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,041,991TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,568TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
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
MATH-A-MATICS TUTORING LLC
8524 HIGHWAY 6 N 466HOUSTONTX77095TUTORING AND SUBSTITUTE TEACHERRS$942,389
EMC ED GROUP LLC
2802 TIMMONS 122134HOUSTONTX77227TUTORING$508,825
SCHOLASTIC SOLUTIONS LLC
PO BOX 639849BOERNETX78006BACK OFFICE SUPPORT$338,300
MAXI REALTY CORP
1955 WEST T C JESTERHOUSTONTX78008OPERATING LEASE$322,700
1ST RESPONSE SECURITY
2325 ATASCOCITA RD STE E 103HUMBLETX77396ARMED AND UNARMED SECURITY$222,096
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt
Government Grants$17,826,910GovernmentGrantsAmt
All Other Contributions$40,000AllOtherContributionsAmt
Noncash Contributions$163,159NoncashContributionsAmt
Total Contributions$17,866,910TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLOCAL REVENUEDesc
Business611600BusinessCd
Total Revenue Column$120,809TotalRevenueColumnAmt
Related Or Exempt Func Income$120,809RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$120,809TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$209,115TotalRevenueColumnAmt
Exclusion$209,115ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE RECOVERYDesc
Business611600BusinessCd
Total Revenue Column$15,174TotalRevenueColumnAmt
Exclusion$15,174ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$15,174OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,212,008TotalRevenueColumnAmt
Related Or Exempt Func Income$120,809RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$224,289ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$407,427TotalAmt
Program Services$83,360ProgramServicesAmt
Management And General$324,067ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,809,132TotalAmt
Program Services$8,522,322ProgramServicesAmt
Management And General$286,810ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$590,242TotalAmt
Program Services$550,933ProgramServicesAmt
Management And General$39,309ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$697,518TotalAmt
Program Services$669,166ProgramServicesAmt
Management And General$28,352ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$184,469TotalAmt
Program Services$172,676ProgramServicesAmt
Management And General$11,793ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$85,465TotalAmt
Management And General$85,465ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$60,650TotalAmt
Management And General$60,650ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,757,870TotalAmt
Program Services$3,473,975ProgramServicesAmt
Management And General$283,895ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$695,979TotalAmt
Program Services$691,137ProgramServicesAmt
Management And General$4,842ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$66,687TotalAmt
Program Services$57,198ProgramServicesAmt
Management And General$9,489ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$49,645TotalAmt
Management And General$49,645ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$564,427TotalAmt
Program Services$508,122ProgramServicesAmt
Management And General$56,305ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$178,547TotalAmt
Program Services$117,443ProgramServicesAmt
Management And General$61,104ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES, TEXTBOOKS, FO$1,622,778$1,594,893$27,885
MISCELLANEOUS OPERATING$239,587$191,041$48,546
WORKERS COMPENSATION IN$5,284$5,284

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$18,015,707TotalAmt
Program Services$16,637,550ProgramServicesAmt
Management And General$1,378,157ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,874,845BOYAmt
EOY$4,653,710EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$11,653,083BOYAmt
EOY$12,413,175EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,493,126BOYAmt
EOY$2,072,049EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,762BOYAmt
EOY$15,428EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,887,482LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,457,775LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,662,058BOYAmt
EOY$7,429,707EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$634,314EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$26,684,874BOYAmt
EOY$27,218,383EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$457,606BOYAmt
EOY$451,856EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,171,630BOYAmt
EOY$2,078,687EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$605,051BOYAmt
EOY$1,040,952EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,234,287BOYAmt
EOY$3,571,495EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,976,042BOYAmt
EOY$14,275,236EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,474,545BOYAmt
EOY$9,371,652EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,450,587BOYAmt
EOY$23,646,888EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,684,874BOYAmt
EOY$27,218,383EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$196,301ReconcilationRevenueExpnssAmt
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 D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$653,287OtherCostOrOtherBasisAmt
Book Value$653,287BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,447,550OtherCostOrOtherBasisAmt
Depreciation$4,822,044DepreciationAmt
Book Value$6,625,506BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,786,645OtherCostOrOtherBasisAmt
Depreciation$2,635,731DepreciationAmt
Book Value$150,914BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,429,707TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
WAGES PAYABLE$405,190
OPERATING LEASES$635,762
FieldValueIRS element (for citing)
Total Liability$1,040,952TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$18,212,008TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$18,212,008RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$18,212,008TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$18,015,707TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$18,015,707ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$18,015,707TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE CHARTER HOLDER IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FORM 990 IS FILED ANNUALLY. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE CHARTER HOLDER'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE CHARTER HOLDER DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE CHARTER HOLDER'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE CHARTER HOLDER WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, THE CHARTER HOLDER'S TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING.ExplanationTxt

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 3THE ORGANIZATION PUBLICIZES ITS POLICY ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 6AS A TEXAS CHARTERED SCHOOL, THE ORGANIZATION RECEIVES FUNDS FROM THE STATE OF TEXAS AS LONG AS REQUIREMENTS ARE MET.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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 (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARGARET STROUD
SUPERINTENDENT$256,037$0$0$0$8,000$0$0$0$0$0$264,037$0$0$0
SANDRA SMITH
CHIEF FINANCIAL OFFICER$138,576$0$0$0$53,956$0$5,060$0$0$0$197,592$0$0$0

Schedule M IRS990ScheduleM

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$163,159NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S BOARD REVIEWED AND APPROVED OF THE FORM 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS ARE REQUIRED TO REGULARLY REPORT ANY POTENTIAL CONFLICTS OF INTEREST AS REQUIRED IN THE ORGANIZATION'S GOVERNANCE REPORT.
FORM 990, PART VI, SECTION B, LINE 15SALARY FOR THE SUPERINTENDENT AND OFFICERS IS REVIEWED AND DETERMINED BY THE INDEPENDENT BOARD MEMBERS, STUDY OF COMPARABLE DATA WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION PROCESS.
FORM 990, PART VI, SECTION C, LINE 19APPLICABLE DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONTRACTED PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,679,819. MANAGEMENT AND GENERAL EXPENSES 65,950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,745,769. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,774,576. MANAGEMENT AND GENERAL EXPENSES 217,845. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,992,421. EDUCATION SERVICE CENTER COSTS: PROGRAM SERVICE EXPENSES 19,580. MANAGEMENT AND GENERAL EXPENSES 100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,680.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION UNDERWENT THE REQUIRED AUDIT RESULTING FROM A FEDERAL AWARD IN THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133.

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