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ARISTOI CLASSICAL ACADEMY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ARISTOI CLASSICAL ACADEMY INC (EIN 76-0495959)
Tax period
2023-09-01 to 2024-08-31
Filed
2025-05-27
IRS object ID
202511479349301071
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)
Return2025-05-27T11:56:38-05:00ReturnTs
Tax Period End2024-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203992693PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RANDY WALKER & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17800 IH 10 WEST STE 505AddressLine1Txt
CitySAN ANTONIOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760495959EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARISTOI CLASSICAL ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARISBusinessNameControlTxt
Phone2813915003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15610 MORTON RDAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77493ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBARBARA HAVLIKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2813915003PhoneNum
Signature2025-05-12SignatureDt
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 PersonRANDY L WALKER CPAPreparerPersonNm
PTINP00963779PTIN
Phone2103669430PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBARBARA HAVLIKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15610 MORTON RDAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77493ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$16,777,544GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ARISTOICLASSICAL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionOUR MISSION IS TO PROVIDE OUR STUDENTS WITH AN ACADEMICALLY CHALLENGING CLASSICAL LIBERAL ARTS EDUCATION THAT ENCOURAGES THEM TO DEVELOP A PASSION FOR LEARNING THAT GIVES THEM THE MEANS TO BECOME RESPONSIBLE CITIZENS OF VIRTUOUS CHARACTER.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee276TotalEmployeeCnt
Total Volunteers132TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$551,708PYContributionsGrantsAmt
CY Contributions Grants$1,822,349CYContributionsGrantsAmt
PY Program Service Revenue$14,022,176PYProgramServiceRevenueAmt
CY Program Service Revenue$14,871,755CYProgramServiceRevenueAmt
PY Investment Income$62,368PYInvestmentIncomeAmt
CY Investment Income$83,440CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$14,636,252PYTotalRevenueAmt
CY Total Revenue$16,777,544CYTotalRevenueAmt
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$9,758,932PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,407,324CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$181,307CYTotalFundraisingExpenseAmt
PY Other Expenses$5,044,640PYOtherExpensesAmt
CY Other Expenses$4,832,051CYOtherExpensesAmt
PY Total Expenses$14,803,572PYTotalExpensesAmt
CY Total Expenses$16,239,375CYTotalExpensesAmt
PY Revenues Less Expenses-$167,320PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$538,169CYRevenuesLessExpensesAmt
Total Assets BOY$19,970,240TotalAssetsBOYAmt
Total Assets EOY$21,125,435TotalAssetsEOYAmt
Total Liabilities BOY$12,852,566TotalLiabilitiesBOYAmt
Total Liabilities EOY$13,559,774TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,117,674NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,565,661NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO PROVIDE OUR STUDENTS WITH AN ACADEMICALLY CHALLENGING CLASSICAL LIBERAL ARTS EDUCATION THAT ENCOURAGES THEM TO DEVELOP A PASSION FOR LEARNING THAT GIVES THEM THE MEANS TO BECOME RESPONSIBLE CITIZENS OF VIRTUOUS CHARACTER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$13,606,114ExpenseAmt
Revenue$14,871,755RevenueAmt
DescTHE SCHOOL SUCCESSFULLY PROVIDED A CLASSICAL LIBERAL ARTS EDUCATION FOCUSING ON THE CLASSICAL IDEAS OF TRUTH, GOODNESS, AND BEAUTY TO OVER 1,500 STUDENTS WHILE STILL ACHIEVING ALL OF THE STATE AND FEDERALLY MANDATED ACADEMIC STANDARDS.Desc
Total Program Service Expenses$13,606,114TotalProgramServiceExpensesAmt
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 Required0ScheduleJRequiredInd
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 Document36IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee276EmployeeCnt
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
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOANNE BRAVOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9798379288PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15610 MORTON RDAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77493ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
LUCINA BOTAND
DIRECTOR1.00Yes (X)$0$0$0
ADRIANA COX
DIRECTOR1.00Yes (X)$0$0$0
TODD HAMILTON
DIRECTOR1.00Yes (X)$0$0$0
BARBARA HAVLIK
PRESIDENT3.00Yes (X)$0$0$0Yes (X)
ANDY HOVIS
VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
DAVID LIGHT
TREASURER2.00Yes (X)$0$0$0Yes (X)
LAURA GILLESPIE
SECRETARY2.00Yes (X)$0$0$0Yes (X)
MATTHEW WATSON
SUPERINTENDENT40.00$70,780$0$9,898Yes (X)
BRENDA DAVIDSON
INTERIM SUPERINTENDENT23.00$37,900$0$988Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$108,680TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$10,886TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ABILITIES THERAPHY AND CONSULTING
13918 SAINT MARYS LANEHOUSTONTX77079PROFESSIONAL SERVICES$320,811
THOMPSON & HORTON ATTORNEYLLP
3200 SOUTHWEST FWY 2000HOUSTONTX77027LEGAL SERVICES$147,334
FLOORS 2 ADORE LLC
6201 BONHOMME RD STE 418SHOUSTONTX77036REMEDIATION SERVICES$140,408
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$1,592,401GovernmentGrantsAmt
All Other Contributions$229,948AllOtherContributionsAmt
Total Contributions$1,822,349TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE EQUALIZATION611110$14,416,205$14,416,205
FOOD SERVICE611110$243,066$243,066
OTHER LOCAL REVENUE611110$212,484$212,484
FieldValueIRS element (for citing)
Total Program Service Revenue$14,871,755TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$83,440TotalRevenueColumnAmt
Exclusion$83,440ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,777,544TotalRevenueColumnAmt
Related Or Exempt Func Income$14,871,755RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$83,440ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$145,929TotalAmt
Program Services$118,932ProgramServicesAmt
Management And General$24,808ManagementAndGeneralAmt
Fundraising$2,189FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,694,833TotalAmt
Program Services$7,901,289ProgramServicesAmt
Management And General$1,648,122ManagementAndGeneralAmt
Fundraising$145,422FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,182,642TotalAmt
Program Services$963,853ProgramServicesAmt
Management And General$201,049ManagementAndGeneralAmt
Fundraising$17,740FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$235,272TotalAmt
Program Services$191,747ProgramServicesAmt
Management And General$39,996ManagementAndGeneralAmt
Fundraising$3,529FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$148,648TotalAmt
Program Services$121,149ProgramServicesAmt
Management And General$25,270ManagementAndGeneralAmt
Fundraising$2,229FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$491,787TotalAmt
Program Services$418,019ProgramServicesAmt
Management And General$73,768ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$97,119TotalAmt
Program Services$43,404ProgramServicesAmt
Management And General$45,646ManagementAndGeneralAmt
Fundraising$8,069FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$717,917TotalAmt
Program Services$668,820ProgramServicesAmt
Management And General$49,097ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$79,019TotalAmt
Program Services$59,264ProgramServicesAmt
Management And General$19,755ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$26,222TotalAmt
Program Services$3,934ProgramServicesAmt
Management And General$22,288ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$817,686TotalAmt
Program Services$776,802ProgramServicesAmt
Management And General$40,884ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$817,602TotalAmt
Program Services$776,722ProgramServicesAmt
Management And General$40,880ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACT LABOR$672,249$571,412$100,837
EDU. SVD. CTR. AND SUPP$411,762$389,177$20,456$2,129
FOOD$219,283$219,283
MAINTENANCE AND REPAIR$210,439$204,126$6,313

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$270,966TotalAmt
Program Services$178,181ProgramServicesAmt
Management And General$92,785ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,239,375TotalAmt
Program Services$13,606,114ProgramServicesAmt
Management And General$2,451,954ManagementAndGeneralAmt
Fundraising$181,307FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,768,200BOYAmt
EOY$3,531,265EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,596,668BOYAmt
EOY$1,300,208EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,740,628BOYAmt
EOY$1,217,836EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$60,000BOYAmt
EOY$60,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$15,088,437LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,810,883LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,210,217BOYAmt
EOY$11,277,554EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,594,527BOYAmt
EOY$3,738,572EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$19,970,240BOYAmt
EOY$21,125,435EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$936,787BOYAmt
EOY$985,881EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$77,419EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,915,779BOYAmt
EOY$9,933,495EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,562,979EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,852,566BOYAmt
EOY$13,559,774EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,089,839BOYAmt
EOY$5,310,214EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,027,835BOYAmt
EOY$2,255,447EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,117,674BOYAmt
EOY$7,565,661EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,970,240BOYAmt
EOY$21,125,435EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$538,169ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$90,182PriorPeriodAdjustmentsAmt
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$3,809,556OtherCostOrOtherBasisAmt
Book Value$3,809,556BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,962,456OtherCostOrOtherBasisAmt
Depreciation$3,564,730DepreciationAmt
Book Value$7,397,726BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$299,143OtherCostOrOtherBasisAmt
Depreciation$228,871DepreciationAmt
Book Value$70,272BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,282OtherCostOrOtherBasisAmt
Depreciation$17,282DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,277,554TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
FINANCE LEASE RIGHT-OF-USE ASSETS, NET$2,073,924
SINKING FUND FOR BONDS PAYABLE$1,664,648
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,738,572TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFINANCE LEASE PAYABLESDesc
Amt$2,562,979Amt
FieldValueIRS element (for citing)
Total Liability$2,562,979TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$16,777,544TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$16,777,544RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,777,544TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$16,239,375TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$16,239,375ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$16,239,375TotalExpensesPerForm990Amt

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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3YES, THE SCHOOL MAKES IT CLEAR IN ALL ADVERTISING AND ENROLLMENT LITERATURE THAT THE SCHOOL DOES NOT DISCRIMINATE IN ANY WAY. THE SCHOOL IS A CAMPUSWIDE TITLE I SCHOOL AND IS PROHIBITED BY LAW FROM DISCRIMINATING. THIS INFORMATION IS AVAILABLE IN SCHOOL ENROLLMENT LITERATURE AND ON THE WEBSITE.
SCHEDULE E, PART I, LINE 6AS A PUBLIC SCHOOL, ACA RECEIVES MOST OF ITS OPERATING REVENUE FROM GOVERNMENTAL AGENCIES, PRIMARILY THE STATE OF TEXAS.
SCHEDULE E, PART I, LINE 6AS A PUBLIC SCHOOL, ACA RECEIVES MOST OF ITS OPERATING REVENUE FROM GOVERNMENTAL AGENCIES, PRIMARILY THE STATE OF TEXAS

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
POTTSBORO HIGHER EDUCATION FINANCE CORPORATION
A464641562738222AA62016-02-01$10,725,000FACILITIES CONSTRUCTION000
POTTSBORO HIGHER EDUCATION FINANCE CORPORATION
B464641562738222AC22016-02-01$405,000FACILITIES CONSTRUCTION000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A000Yes (1)
B000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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
A00Yes (1)000000
B00Yes (1)000000

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FULL BOARD REVIEWS AND APPROVES THE FORM 990 AND A MOTION IS THEN PUT FORTH AUTHORIZING THE FORM 990 TO BE SIGNED BY THE BOARD PRESIDENT AND FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS COMPLETE A QUESTIONNAIRE ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD MAY DELEGATE CERTAIN DUTIES, RESPONSIBILITIES, AND AUTHORITY BUT MAY NOT DELEGATE THE FOLLOWING, EXCEPT UNDER -INITIAL OR FINAL AUTHORITY TO SELECT, EMPLOY, DIRECT, EVALUATE, RENEW, NON-RENEW, TERMINATE, OR SET COMPENSATION FOR THE SUPERINTENDENT OR, AS APPLICABLE, THE ADMINISTRATOR SERVING AS THE EDUCATIONAL LEADER AND CHIEF EXECUTIVE OFFICER. ALL OTHER CENTRAL ADMINISTRATION OFFICERS, REPORT TO THE SUPERINTENDENT AND PERFORM THE TASKS AND RESPONSIBILITIES AS OUTLINED IN THEIR RESPECTIVE JOB DESCRIPTIONS. THE SUPERINTENDENT SHALL RECOMMEND FOR BOARD APPROVAL ALL EMPLOYEE SALARIES, PAY STRUCTURES, AND COMPENSATION PLANS DURING THE BUDGET ADOPTION PROCESS EACH YEAR. THE SUPERINTENDENT SHALL ADMINISTER THE PAY SCHEDULES ADOPTED AND APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE, ON DEMAND, OR ON THE WEBSITE.
FORM 990, PART XII, LINE 2CARISTOI CLASSICAL ACADEMY HAS A BUDGET AND FINANCE COMMITTEE THAT CONSISTS OF THE BOARD PRESIDENT, BOARD TREASURER, SUPERINTENDENT AND CHIEF FINANCIAL OFFICER. THE BUDGET COMMITTEE REVIEWS THE AUDIT. THE FULL BOARD REVIEWS AND APPROVES THE AUDIT, AND SELECTS THE INDEPENDENT ACCOUNTANT.
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONARISTOI CLASSICAL ACADWMY INC 5610 MORTON RD KATY, TX 77493 EMPLOYER IDENTIFICATION NUMBER: 76-0495959 FOR THE FISCAL YEAR ENDING AUGUST 31, 2024 ARISTOI CLASSICAL ACADWMY INC IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).

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