2021-07-15T21:36:24-05:00 2020-08-31 750786316 WEAVER AND TIDWELL LLP 1406 WILSON RD STE 100 CONROE TX 77304 990 2019-09-01 760297121 THE VARNETT SCHOOLS INC VARN 7137234699 PO BOX 1457 HOUSTON TX 77251 MATTHEW PLUMMER PRESIDENT 7137234699 2021-06-29 1 PATRICK K HARDISON CPA P00541239 9367568127 2019 2022-09-23 18:48:47Z MATTHEW PLUMMER PO BOX 1457 HOUSTON TX 77251 18653397 0 X WWW.VARNETT.ORG X 1990 TX THE MISSION OF THE VARNETT PUBLIC SCHOOL IS TO PROVIDE A RIGOROUS ACADEMIC PROGRAM WHICH MEETS THE NEEDS OF OUR DIVERSE POPULATION. 5 5 244 0 0 0 17895464 16851601 188880 1666146 116444 135650 0 0 18200788 18653397 0 0 0 0 11285010 11722778 0 0 0 6600953 6239360 17885963 17962138 314825 691259 23750329 24551599 3714157 3824168 20036172 20727431 THE MISSION OF THE VARNETT PUBLIC SCHOOL IS TO PROVIDE A RIGOROUS ACADEMIC PROGRAM WHICH MEETS THE NEEDS OF OUR DIVERSE POPULATION. 0 0 16827258 1666146 THE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN, SERVING MOSTLY MINORITY STUDENTS. 16827258 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 244 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MATTHEW PLUMMER 7137234699 PO BOX 1457 HOUSTON TX 77251 X DR MATTHEW PLUMMER PRESIDENT 10.00 X X 0 0 0 CLARENCE WHITE III SECRETARY 10.00 X X 0 0 0 DR EDGAR COLON TREASURER 10.00 X X 0 0 0 WARD GRAY BOARD MEMBER 1.00 X 0 0 0 CAROLYN SCANTLEBURY BOARD MEMBER 1.00 X 0 0 0 MARCIA JOHNSON BOARD MEMBER (END 9/9/19) 1.00 X 0 0 0 TERRELL RUSSELL GENERAL MANAGER FMOT 40.00 X 108842 0 10552 SANDRA SMITH CHIEF FINANCIAL OFFICER 40.00 X 151463 0 20640 MARGARET STROUD SUPERINTENDENT 40.00 X 222363 0 0 JEFFREY SILER TECHNOLOGY DIRECTOR 40.00 X 112002 0 3600 594670 0 34792 4 0 1 0 12707 CULLEN LLC PO BOX 273395 HOUSTON TX 77277 REAL ESTATE SERVICES 603628 SCHOLASTIC BOOK FAIR PO BOX 598 BOERNE TX 78006 CONSULTING SERVICES 348813 MAXI REALTY CORP 1955 WEST TC JESTER HOUSTON TX 77008 REAL ESTATE SERVICES 332127 EDUCATION SERVICE CENTER REGION 4 7145 WEST TIDWELL HOUSTON TX 77092 EDUCATION SERVICES 293995 CDW GOVERNMENT INC 78 REMITTANCE DRIVE STE 1515 CHICAGO IL 60675 DATA SERVICES 234323 18 16851601 16851601 LOCAL REVENUE 611600 1666146 1666146 1666146 135650 135650 18653397 1666146 0 135650 X 10078644 9561938 516706 505181 484360 20821 886443 861636 24807 252510 243532 8978 73177 73177 83600 83600 2093245 2031379 61866 1494583 1468922 25661 12423 8387 4036 43171 43171 543269 483911 59358 161359 5656 155703 SUPPLIES, TEXTBOOKS, FO 1540812 1517080 23732 MISCELLANEOUS OPERATING 157381 125390 31991 WORKERS COMPENSATION IN 36340 35067 1273 17962138 16827258 1134880 0 6358593 7017084 8210741 8255896 338004 390652 26578 488203 14325040 5925276 8804315 8399764 12098 0 23750329 24551599 661742 1310674 2457847 2355731 594568 157763 3714157 3824168 X 11446038 13155808 8590134 7571623 20036172 20727431 23750329 24551599 691259 0 X X 0 1 X 1 1 1 X 653287 653287 10939443 3325539 7613904 2732310 2599737 132573 8399764 WAGES PAYABLE 157763 157763 X 18653397 0 18653397 0 18653397 17962138 0 17962138 0 17962138 PART X, LINE 2: THE 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 AS A TEXAS CHARTERED SCHOOL, THE ORGANIZATION RECEIVES FUNDS FROM THE STATE OF TEXAS AS LONG AS REQUIREMENTS ARE MET. X 0 0 0 0 0 0 0 0 0 SANDRA SMITH CHIEF FINANCIAL OFFICER 151463 0 0 0 0 0 0 0 20640 0 172103 0 0 0 MARGARET STROUD SUPERINTENDENT 222363 0 0 0 0 0 0 0 0 0 222363 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S BOARD REVIEWED AND APPROVED OF THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD 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 15 SALARY 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 19 APPLICABLE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 773,177. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 773,177. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,217,633. MANAGEMENT AND GENERAL EXPENSES 61,592. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,279,225. EDUCATION SERVICE CENTER COSTS: PROGRAM SERVICE EXPENSES 40,569. MANAGEMENT AND GENERAL EXPENSES 274. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,843. 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.