PRIORITY SYSTEMS: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PRIORITY SYSTEMS (EIN 74-2886638)
Tax period
2020-09-01 to 2021-08-31
Filed
2022-06-28
IRS object ID
202231799349301268
Schema version
2020v4.2
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)
Return2022-06-28T13:10:38-05:00ReturnTs
Tax Period End2021-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760488832PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCCONNELL & JONES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14828 LOOP CENTRAL DRIVE SUITE 1000AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77081ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN742886638EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRIORITY SYSTEMS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRIOBusinessNameControlTxt
Phone2542062013PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1275 FM 2483AddressLine1Txt
CityMORGANS POINT RESORTCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75613ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNORMAN MITCHELLPersonNm
Person TitleBOARD PRESIDENTPersonTitleTxt
Phone2542062013PhoneNum
Signature2022-06-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNORMANPersonFirstNm
Person LastMITCHELLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTENE THOMASPreparerPersonNm
PTINP00849229PTIN
Phone7139681600PhoneNum
Preparation2022-06-28PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1PRIORITY CHARTER SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerNORMAN MITCHELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1275 FM 2483AddressLine1Txt
CityMORGANS POINT RESORTCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75613ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,508,432GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PRIORITYCHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionPRIORITY SYSTEMS, INC. (THE SCHOOL) IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF FIVE MEMBERS. THE SCHOOL WAS INCORPORATED IN 1998 AND PROVIDES AN ALTERNATIVE LEARNING ENVIRONMENT FOR STUDENTS. THE SCHOOL OPERATES UNDER AN OPEN ENROLLMENT CHARTER GRANTED BY THE STATE OF TEXAS BOARD OF EDUCATION. THIS CHARTER WAS ISSUED FOR A PERIOD OF FIVE YEARS STARTING OCTOBER 1998 AND IS SUBJECT TO REVIEW AND RENEWAL PERIODICALLY. THE SCHOOL'S CHARTER WAS EXTENDED UNTIL JULY 31, 2025. THE SCHOOL IS PART OF THE PUBLIC-SCHOOL SYSTEM OF THE STATE OF TEXAS AND IS THEREFORE ENTITLED TO DISTRIBUTION FROM THE STATE'S AVAILABLE SCHOOL FUND. THE SCHOOL DOES NOT HAVE THE AUTHORITY TO IMPOSE AD VALOREM TAXES OR TO CHARGE TUITION.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee191TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$8,790,529PYContributionsGrantsAmt
CY Contributions Grants$9,483,161CYContributionsGrantsAmt
PY Program Service Revenue$65,585PYProgramServiceRevenueAmt
CY Program Service Revenue$38,166CYProgramServiceRevenueAmt
PY Investment Income-$671,939PYInvestmentIncomeAmt
CY Investment Income$130CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$986,975CYOtherRevenueAmt
PY Total Revenue$8,184,175PYTotalRevenueAmt
CY Total Revenue$10,508,432CYTotalRevenueAmt
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$6,623,247PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,573,284CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,034,612PYOtherExpensesAmt
CY Other Expenses$2,868,375CYOtherExpensesAmt
PY Total Expenses$9,657,859PYTotalExpensesAmt
CY Total Expenses$9,441,659CYTotalExpensesAmt
PY Revenues Less Expenses-$1,473,684PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,066,773CYRevenuesLessExpensesAmt
Total Assets BOY$7,960,574TotalAssetsBOYAmt
Total Assets EOY$7,998,137TotalAssetsEOYAmt
Total Liabilities BOY$2,821,507TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,001,458TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,139,067NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,996,679NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPRIORITY SYSTEMS, INC. (THE SCHOOL) IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF FIVE MEMBERS. THE SCHOOL WAS INCORPORATED IN 1998 AND PROVIDES AN ALTERNATIVE LEARNING ENVIRONMENT FOR STUDENTS. THE SCHOOL OPERATES UNDER AN OPEN ENROLLMENT CHARTER GRANTED BY THE STATE OF TEXAS BOARD OF EDUCATION. THIS CHARTER WAS ISSUED FOR A PERIOD OF FIVE YEARS STARTING OCTOBER 1998 AND IS SUBJECT TO REVIEW AND RENEWAL PERIODICALLY. THE SCHOOL'S CHARTER WAS EXTENDED UNTIL JULY 31, 2025. THE SCHOOL IS PART OF THE PUBLIC-SCHOOL SYSTEM OF THE STATE OF TEXAS AND IS THEREFORE ENTITLED TO DISTRIBUTION FROM THE STATE'S AVAILABLE SCHOOL FUND. THE SCHOOL DOES NOT HAVE THE AUTHORITY TO IMPOSE AD VALOREM TAXES OR TO CHARGE TUITION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,106,847ExpenseAmt
Revenue$38,166RevenueAmt
DescOPERATIONS OF SCHOOLS FOR THE EDUCATION OF STUDENTS USING INDIVIDUALIZED CURRICULUM.Desc
Total Program Service Expenses$6,106,847TotalProgramServiceExpensesAmt
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 Liabilities0ReportOtherLiabilitiesInd
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 Required0ScheduleJRequiredInd
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 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 Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee191EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
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
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 Policy0WhistleblowerPolicyInd
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 Line1ROBIN OSBURNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2546249643PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1275 FM 2483AddressLine1Txt
CityMORGANS POINT RESORTCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76513ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
NORMAN MITCHELL
BOARD PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DAVID BARNES
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
DR TERESA BEAMON
SCRETARY1.00Yes (X)Yes (X)$0$0$0
DARRELL HADEN
BOARD MEMBER1.00Yes (X)$0$0$0
DONNA HADEN
BOARD MEMBER1.00Yes (X)$0$0$0
DR SCOTT MOGER
SUPERINTENDENT40.00Yes (X)$136,169$0$0
DR CHRISTIE BLEDSOE
ASSISTANT SUPERINTENDENT40.00Yes (X)$51,819$0$5,739
ROBIN OSBURN
CFO40.00Yes (X)$72,165$0$6,784
DEVERA SHIPP
TCA PRINCIPAL40.00Yes (X)$72,209$0$6,886
ADRIAN TRISTAN
CPCA PRINCIPAL40.00Yes (X)$33,692$0$3,759
CORINNA CAPRAUN
GCA PRINCIPAL40.00Yes (X)$54,127$0$491
CHER NICKERSON
CCA PRINCIPAL40.00Yes (X)$65,976$0$6,870
FieldValueIRS element (for citing)
Total Reportable Comp From Org$486,157TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,529TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EVCO SERVICESBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1445AddressLine1Txt
CityTEMPLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP76503ZIPCd
FieldValueIRS element (for citing)
ServicesJANITORIAL SERVICESServicesDesc
Compensation$185,231CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$9,342,218GovernmentGrantsAmt
All Other Contributions$140,943AllOtherContributionsAmt
Total Contributions$9,483,161TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFOOD SERVICEDesc
Business611710BusinessCd
Total Revenue Column$38,166TotalRevenueColumnAmt
Related Or Exempt Func Income$38,166RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$38,166TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$130TotalRevenueColumnAmt
Exclusion$130ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescPPP LOAN FORGIVENESSDesc
Business900099BusinessCd
Total Revenue Column$986,975TotalRevenueColumnAmt
Exclusion$986,975ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$986,975OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,508,432TotalRevenueColumnAmt
Related Or Exempt Func Income$38,166RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$987,105ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$516,686TotalAmt
Management And General$516,686ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,972,055TotalAmt
Program Services$4,467,134ProgramServicesAmt
Management And General$504,921ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,084,543TotalAmt
Program Services$887,769ProgramServicesAmt
Management And General$196,774ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$332,498TotalAmt
Program Services$158,933ProgramServicesAmt
Management And General$173,565ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,111TotalAmt
Management And General$5,111ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,100TotalAmt
Management And General$33,100ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$385,335TotalAmt
Program Services$301,814ProgramServicesAmt
Management And General$83,521ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$37,733TotalAmt
Program Services$34,887ProgramServicesAmt
Management And General$2,846ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$91,251TotalAmt
Management And General$91,251ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$384,336TotalAmt
Management And General$384,336ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$80,195TotalAmt
Management And General$80,195ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
MAINTENANCE AND REPAIR$424,455$424,455
UTILITIES$295,531$295,531
EDUCATION SERVICE CENTE$176,957$126,076$50,881
FOOD$154,635$154,635

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$467,238TotalAmt
Program Services$205,429ProgramServicesAmt
Management And General$261,809ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,441,659TotalAmt
Program Services$6,106,847ProgramServicesAmt
Management And General$3,334,812ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$150,374BOYAmt
EOY$568,008EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$499,809BOYAmt
EOY$598,736EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,434,448LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,607,223LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,306,223BOYAmt
EOY$6,827,225EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,168BOYAmt
EOY$4,168EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,960,574BOYAmt
EOY$7,998,137EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$583,186BOYAmt
EOY$85,548EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$237,541BOYAmt
EOY$119,188EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,000,780BOYAmt
EOY$1,796,722EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,821,507BOYAmt
EOY$2,001,458EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$254,436BOYAmt
EOY$224,514EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,884,631BOYAmt
EOY$5,772,165EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,139,067BOYAmt
EOY$5,996,679EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,960,574BOYAmt
EOY$7,998,137EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,066,773ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$209,161PriorPeriodAdjustmentsAmt
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$881,992OtherCostOrOtherBasisAmt
Book Value$881,992BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,043,498OtherCostOrOtherBasisAmt
Depreciation$1,468,533DepreciationAmt
Book Value$5,574,965BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$639,692OtherCostOrOtherBasisAmt
Depreciation$595,992DepreciationAmt
Book Value$43,700BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$869,266OtherCostOrOtherBasisAmt
Depreciation$542,698DepreciationAmt
Book Value$326,568BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,827,225TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,508,432TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$10,508,432RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,508,432TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,441,659TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,441,659ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,441,659TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL APPLIES THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC TOPIC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL INCOME TAX RETURNS FOR YEARS 2017 THROUGH 2019 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.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 3OPEN ENROLLMENT CHARTER SCHOOLS IN THE STATE OF TEXAS OPERATE UNDER THE SAME NON-DISCRIMINATION RULES AS PUBLIC SHCOOLS.
SCHEDULE E, PART I, LINE 6PRIORITY SYSTEMS, INC. (THE "SCHOOL") IS PART OF THE PUBLIC-SCHOOL SYSTEM OF THE STATE OF TEXAS AND IS THEREFORE ENTITLED TO DISTRIBUTION FROM THE STATE'S AVAILABLE SCHOOL FUND. IT RECEIVES FEDERAL GRANTS FROM THE TITLE I, TITLE II, TITLE IV, IDEA-B, AND CHILD NUTRITION PROGRAMS, AND STATE GRANTS FROM TEXAS FOUNDATION SCHOOL PROGRAM AND STATE PROGRAM REVENUES DISTRIBUTED BY TEA.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B990 IS REVIEWED BY BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CORGANIZATION REVIEWS TRANSACTIONS QUARTERLY FOR COMPLIANCE.
FORM 990, PART VI, SECTION B, LINE 15BOARD OVERSIGHT WITH RESEARCH AS TO COMPARATIVE SALARIES IN THE AREA.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.