GREAT HEARTS AMERICA-TEXAS: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GREAT HEARTS AMERICA-TEXAS (EIN 43-1973126)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-16
- IRS object ID
- 202131369349300813
- Schema version
- 2019v5.0
- 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 C
- Schedule D
- Schedule E
- Schedule J
- Schedule K
- Schedule O
- Schedule R
- Averaging Attachment
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-16T08:49:36-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 821455657 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FESTER & CHAPMAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9019 E BAHIA DR STE 100 | AddressLine1Txt |
| City | SCOTTSDALE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85260 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431973126 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREAT HEARTS AMERICA-TEXAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 2108889475 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 824 BROADWAY STREET SUITE 101 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78215 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RON ZOROMSKI | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6024387045 | PhoneNum |
| Signature | 2021-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RACHEL R LOCKE CPA | PreparerPersonNm |
| PTIN | P00450405 | PTIN |
| Phone | 6022643077 | PhoneNum |
| Preparation | 2021-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RON ZOROMSKI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3102 N 56TH STREET SUITE 300 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $55,624,288 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://WWW.GREATHEARTSTX.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE PRIMARY GOAL OF GREAT HEARTS AMERICA - TEXAS IS TO GRADUATE THOUGHTFUL LEADERS OF CHARACTER WHO WILL CONTRIBUTE TO A MORE PHILOSOPHICAL, HUMANE, AND JUST SOCIETY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 575 | TotalEmployeeCnt |
| Total Volunteers | 753 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $7,077,869 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,998,989 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,112,413 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $45,141,523 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $390,745 | PYOtherRevenueAmt |
| CY Other Revenue | $483,776 | CYOtherRevenueAmt |
| PY Total Revenue | $38,581,027 | PYTotalRevenueAmt |
| CY Total Revenue | $55,624,288 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,886,495 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $32,253,198 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $584,440 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,691,840 | PYOtherExpensesAmt |
| CY Other Expenses | $16,082,274 | CYOtherExpensesAmt |
| PY Total Expenses | $34,578,335 | PYTotalExpensesAmt |
| CY Total Expenses | $48,335,472 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,002,692 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,288,816 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $77,697,586 | TotalAssetsBOYAmt |
| Total Assets EOY | $162,207,897 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $60,011,086 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $138,733,250 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,686,500 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,474,647 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE PRIMARY GOAL OF GREAT HEARTS AMERICA - TEXAS IS TO GRADUATE THOUGHTFUL LEADERS OF CHARACTER WHO WILL CONTRIBUTE TO A MORE PHILOSOPHICAL, HUMANE, AND JUST SOCIETY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $42,991,005 | ExpenseAmt |
| Revenue | $45,141,523 | RevenueAmt |
| Desc | GREAT HEARTS AMERICA - TEXAS ACADEMIES ARE PUBLIC, INDEPENDENTLY OPERATED CHARTER SCHOOLS WITH OPEN ADMISSIONS POLICIES. EACH SCHOOL PROMISES A TRADITIONAL LIBERAL ARTS EDUCATION WITH SMALL CLASSES, AND AN ADVANCED HONORS CORE CURRICULUM. EACH ACADEMY REQUIRES A COMMON AND RIGOUROUS SEQUENCE OF COURSES FOR ALL STUDENTS. ALL STUDENTS GRADUATE AS CRITICAL THINKERS, COHERENT WRITERS, AND CONFIDENT SPEAKERS. HIGH EXPECTATIONS FOR SUTDENT CONDUCT ARE CO-EQUAL WITH THE SCHOOL'S ACADEMIC STANDARDS. STUDENTS PROFESS AN HONOR CODE THAT CALLS UPON THEM TO PRACTICE AND DEFEND ACADEMIC INTEGRITY. | Desc |
| Total Program Service Expenses | $42,991,005 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 75 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 575 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE ORGANIZATION | PersonNm |
| Phone | 2108889475 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 824 BROADWAY STREET STE 101 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78215 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| AARON KINDEL | ||||||||
| SUPERINTENDE | 40.00 | Yes (X) | $186,053 | $0 | $12,966 | |||
| DAVID DENTON | ||||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $82,219 | $80,481 | $22,159 | |||
| ANDREW ELLISON | ||||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $144,280 | $0 | $18,507 | |||
| DEJAH BEHNKE | ||||||||
| VICE PRESIDE | 40.00 | Yes (X) | $134,600 | $0 | $18,814 | |||
| DEBORAH ZIMMERMAN | ||||||||
| VICE PRESIDE | 40.00 | Yes (X) | $142,763 | $0 | $5,719 | |||
| MANDI CANNON | ||||||||
| HEADMASTER | 40.00 | Yes (X) | $112,531 | $0 | $22,160 | |||
| JESSICA SMITH-PERRY | ||||||||
| SR DIR GROWT | 40.00 | $113,250 | $0 | $21,283 | Yes (X) | |||
| JAY HEILER | ||||||||
| PRESIDENT | 5.00 | Yes (X) | $0 | $110,981 | $17,777 | 40.00 | Yes (X) | |
| KENNETH W TYRRELL | ||||||||
| SR DIR GROWT | 40.00 | $110,122 | $0 | $17,393 | Yes (X) | |||
| HECTOR SANTIAGO | ||||||||
| SR DIR FINAN | 40.00 | $101,123 | $0 | $17,393 | Yes (X) | |||
| KURTIS INDORF | ||||||||
| VICE PRESIDE | 40.00 | Yes (X) | $95,200 | $0 | $9,229 | |||
| MICHAEL BURKE | ||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SHANNON SEDGWICK DAVIS | ||||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| VANESSA HURD | ||||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,222,141 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $191,462 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $183,400 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| UNIVERSA PARTNERS | ||||||
| 5944 LUTHER LANE | SUITE 1000 | DALLAS | TX | 75225 | FINANCIAL | $765,083 |
| HECTOR RODRIGUEZ DBA H&R INDUSTRIAL | ||||||
| 227 N BRAZOS ST | EAGLE PASS | TX | 78852 | MAINTENANCE | $733,892 | |
| DIAGNOSTIC ASSESSMENT SERVICES | ||||||
| PO BOX 29647 | DALLAS | TX | 75229 | COUNCELING | $609,556 | |
| VEEYA LLC | ||||||
| 1403 W 10TH PLACE | SUITE B109 | TEMPE | AZ | 85281 | COMPUTER DESIGN | $562,922 |
| PREFERRED MEALS SYSTEMS INC | ||||||
| PO BOX 74008679 | CHICAGO | IL | 60674 | MEALS | $525,709 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 29 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,722,997 | GovernmentGrantsAmt |
| All Other Contributions | $7,275,992 | AllOtherContributionsAmt |
| Total Contributions | $9,998,989 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STATE PROGRAM REVENUES | 611710 | $43,305,257 | $43,305,257 |
| EXTRA/CO-CURRICULAR FEES | 611710 | $1,569,111 | $1,569,111 |
| FOOD SERVICE | 611710 | $267,155 | $267,155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $45,141,523 | TotalProgramServiceRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $483,776 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $483,776 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $483,776 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,624,288 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $45,625,299 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,087,680 | TotalAmt |
| Program Services | $1,017,414 | ProgramServicesAmt |
| Management And General | $52,137 | ManagementAndGeneralAmt |
| Fundraising | $18,129 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,041,271 | TotalAmt |
| Program Services | $24,358,369 | ProgramServicesAmt |
| Management And General | $1,240,801 | ManagementAndGeneralAmt |
| Fundraising | $442,101 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,363,902 | TotalAmt |
| Program Services | $1,276,826 | ProgramServicesAmt |
| Management And General | $66,702 | ManagementAndGeneralAmt |
| Fundraising | $20,374 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,344,289 | TotalAmt |
| Program Services | $3,130,778 | ProgramServicesAmt |
| Management And General | $163,553 | ManagementAndGeneralAmt |
| Fundraising | $49,958 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,056 | TotalAmt |
| Program Services | $389,494 | ProgramServicesAmt |
| Management And General | $20,347 | ManagementAndGeneralAmt |
| Fundraising | $6,215 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,203 | TotalAmt |
| Management And General | $63,203 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,200 | TotalAmt |
| Management And General | $82,200 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,236,409 | TotalAmt |
| Program Services | $1,381,089 | ProgramServicesAmt |
| Management And General | $1,855,320 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,486 | TotalAmt |
| Management And General | $309,486 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,186,418 | TotalAmt |
| Program Services | $3,036,044 | ProgramServicesAmt |
| Management And General | $138,450 | ManagementAndGeneralAmt |
| Fundraising | $11,924 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $615,293 | TotalAmt |
| Program Services | $452,304 | ProgramServicesAmt |
| Management And General | $162,989 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,024,641 | TotalAmt |
| Program Services | $1,756,685 | ProgramServicesAmt |
| Management And General | $267,956 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633,069 | TotalAmt |
| Program Services | $504,515 | ProgramServicesAmt |
| Management And General | $95,733 | ManagementAndGeneralAmt |
| Fundraising | $32,821 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,851,128 | TotalAmt |
| Program Services | $1,851,128 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,063,543 | TotalAmt |
| Program Services | $2,005,590 | ProgramServicesAmt |
| Management And General | $57,953 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $1,326,891 | $1,325,390 | $1,501 | |
| MISCELLANEOUS | $586,162 | $401,548 | $181,696 | $2,918 |
| CO-CURRICULAR ACTIVITIES | $103,831 | $103,831 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,335,472 | TotalAmt |
| Program Services | $42,991,005 | ProgramServicesAmt |
| Management And General | $4,760,027 | ManagementAndGeneralAmt |
| Fundraising | $584,440 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,564,070 | BOYAmt |
| EOY | $59,187,259 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,147,833 | BOYAmt |
| EOY | $11,139,088 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,950 | BOYAmt |
| EOY | $327,879 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $95,615,543 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,266,031 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,489,464 | BOYAmt |
| EOY | $91,349,512 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,269 | BOYAmt |
| EOY | $204,159 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,697,586 | BOYAmt |
| EOY | $162,207,897 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,784,587 | BOYAmt |
| EOY | $7,547,093 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,101 | BOYAmt |
| EOY | $135,859 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $129,570,155 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,044,111 | BOYAmt |
| EOY | $300,700 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,079,287 | BOYAmt |
| EOY | $1,179,443 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,011,086 | BOYAmt |
| EOY | $138,733,250 | 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 | $6,176,898 | BOYAmt |
| EOY | $9,451,786 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,509,602 | BOYAmt |
| EOY | $14,022,861 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,686,500 | BOYAmt |
| EOY | $23,474,647 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,697,586 | BOYAmt |
| EOY | $162,207,897 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,288,816 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,500,669 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $39,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $39,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $48,296,472 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $48,335,472 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,500,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $36,283 | CurrentYearMinus2Amt |
| Current Year | $39,000 | CurrentYearAmt |
| Total | $75,283 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $750,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,125,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $36,283 | CurrentYearMinus2Amt |
| Current Year | $39,000 | CurrentYearAmt |
| Total | $75,283 | TotalAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-A | FormAndLineReferenceDesc |
| Explanation | NO LOBBYING ACTIVITY IN PREVIOUS YEAR. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,345,219 | OtherCostOrOtherBasisAmt |
| Book Value | $18,345,219 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,946,709 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,730,266 | DepreciationAmt |
| Book Value | $46,216,443 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,031,289 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,535,765 | DepreciationAmt |
| Book Value | $2,495,524 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,292,326 | OtherCostOrOtherBasisAmt |
| Book Value | $24,292,326 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $91,349,512 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO RELATED PARTY | Desc |
| Amt | $1,179,443 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,179,443 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $55,624,288 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $55,624,288 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $55,624,288 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $48,203,665 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $48,203,665 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $131,807 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $131,807 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $48,335,472 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 4B | FormAndLineReferenceDesc |
| Explanation | BOOK / TAX DEPRECIATION DIFFERENCE 131,807 | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE GREAT HEARTS ACADEMIES ARE NOT-FOR-PROFIT, NON-SECTARIAN, K-12 PUBLIC CHARTER SCHOOLS, AND DO NOT DISCRIMINATE IN ANY OF ITS PRACTICES ON THE BASIS OF GENDER, RACE, RELIGION, NATIONAL ORIGIN OR DISABILITY. |
| SCHEDULE E, LINE 6 | THE ORGANIZATION PARTICIPATES IN THE TITLE I, PART A-IMPROVING BASIC PROGRAMS-PROVIDE OPPORTUNITIES FOR CHILDREN TO ACQUIRE THE KNOWLEDGE AND SKILLS TO IMPROVE ACADEMIC PERFORMANCE TO MEET CONTENT STANDARDS. IDEA PART B-OPERATE EDUCATIONAL PROGRAM FOR CHILDREN WITH DISABILITIES. TITLE II, PART A-INCREASE STUDENT ACADEMIC ACHIEVEMENT THROUGH IMPROVING TEACHER AND PRINCIPAL QUALITY AND INCREASE HIGHLY QUALIFIED TEACHERS IN CLASSROOM AND HIGHLY QUALIFIED PRINCIPALS AND ASSISTANT PRICIPALS. ADDITIONALLY HOLD SCHOOLS AND DISTRICTS ACCOUNTABLE FOR IMPROVING ACADEMIC ACHIEVEMENT. TITLE III, PART A-ENSURE THAT ENGLISH LEARNERS' ATTAIN ENGLISH PROFICIENCY AND DEVELOP HIGH LEVELS OF ACADEMIC ACHIEVEMENT IN ENGLISH. NATIONAL SCHOOL BREAKFAST & LUNCH PROGRAMS-PROVIDE FOOD SERVICE PROGRAMS IN ACCORDANCE WITH USDA STANDARDS. TEA IS RESPONSIBLE FOR ENCOURAGING ALL GRANTEES PROPERLY ACCOUNT FOR AND EXPEND GRANT FUNDS FOR TITLE I, PART A, IDEA PART B, TITLE II, PART A, AND TITLE III, PART A. TEXAS DEPARTMENT OF AGRICULTURE IS RESPONSIBLE FOR ENSURING ALL NSLP GRANTEES PROPERLY ACCOUNT FOR AND EXPEND GRANT FUNDS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| AARON KINDEL | ||||||||||
| SUPERINTENDENT | $185,853 | $200 | $7,989 | $4,977 | $199,019 | |||||
| DAVID DENTON | ||||||||||
| EXECUTIVE DIRECTOR | $74,519 | $7,700 | $5,373 | $7,035 | $94,627 | $80,481 | $1,610 | $8,141 | $90,232 | |
| ANDREW ELLISON | ||||||||||
| EXECUTIVE DIRECTOR | $143,080 | $200 | $5,691 | $12,816 | $162,787 | $1,000 | ||||
| DEJAH BEHNKE | ||||||||||
| VICE PRESIDENT | $122,400 | $200 | $4,866 | $13,948 | $153,414 | $12,000 | ||||
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Business Name Line2IssuerName/BusinessNameLine2Txt | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|---|
| 2019 BONDS SERIES | |||||||||
| A | ARLINGTON HIGHER EDUCATION FINANCE | 751661098 | 041806SU5 | 2019-08-21 | $100,683,935 | THE BORROWER WILL USE THE PROCEEDS OF THE SERIES 2019 BONDS FOR THE FOLLOWING PURPOSES: (I) FINANCIN | false | false | false |
| 2020A BONDS SERIES | |||||||||
| B | ARLINGTON HIGHER EDUCATION FINANCE | 751661098 | 041806YU8 | 2020-06-25 | $35,874,066 | THE BORROWER WILL USE THE PROCEEDS OF THE SERIES 2020 BONDS FOR THE FOLLOWING PURPOSES: (I) FINANCIN | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $57,340,222 | $100,683,935 | $2,716,263 | $1,737,858 | $1,865,649 | $26,106,741 | $10,917,202 | false | false | false | Yes (true) |
| B | $35,874,066 | $980,320 | $1,698,542 | $783,431 | $4,262,899 | $27,851,762 | false | false | false | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 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 | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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 | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PURPOSE OF ISSUE DESCRIPTION | 2019 BONDS SERIES THE BORROWER WILL USE THE PROCEEDS OF THE SERIES 2019 BONDS FOR THE FOLLOWING PURPOSES: (I) FINANCING OR REFINANCING THE COST OF ACQUIRING, IMPROVING, CONSTRUCTING, AND EQUIPPING CERTAIN PROPERTIES AND FACILITIES TO BE USED FOR EDUCATIONAL, ADMINISTRATIVE, ATHLETIC, SCIENCE AND CLASSROOM PURPOSES IN VARIOUS LOCATIONS IN TEXAS, (II) TO FUND CAPITALIZED INTEREST; AND (III) TO PAY COSTS OF ISSUANCE FOR THE SERIES 2019 BONDS. |
| PURPOSE OF ISSUE DESCRIPTION | 2020A BONDS SERIES THE BORROWER WILL USE THE PROCEEDS OF THE SERIES 2020 BONDS FOR THE FOLLOWING PURPOSES: (I) FINANCING OR REFINANCING THE COST OF ACQUIRING, IMPROVING, CONSTRUCTING, AND EQUIPPING CERTAIN PROPERTIES AND FACILITIES TO BE USED FOR EDUCATIONAL, ADMINISTRATIVE, ATHLETIC, SCIENCE AND CLASSROOM PURPOSES IN VARIOUS LOCATIONS IN TEXAS, (II) TO FUND CAPITALIZED INTEREST; AND (III) TO PAY COSTS OF ISSUANCE FOR THE SERIES 2020 BONDS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | THE VOLUNTEERS HELP IN CLASSROOMS AND SUPPORT TEACHERS AND STUDENTS. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE SOLE MEMBER IS GREAT HEARTS AMERICA, AN ORGANIZATION EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBER, GREAT HEARTS AMERICA, HAS THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND IS REVIEWED BY THE HEAD OF FINANCE FOR GREATHEARTS AMERICA - TEXAS, THE CFO OF GREAT HEARTS AMERICA AND SENT TO THE BOARD FOR REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 12C | DIRECTORS WILL REPORT POSSIBLE CONFLICTS OF INTEREST TO THE PRESIDENT , OR IF THE PRESIDENT IS THE INTERESTED INDIVDUAL, TO A VICE-PRESIDENT. THE PRESIDENT (OR VICE-PRESIDENT) WILL MAKE A FULL REPORT TO THE BOARD PRIOR TO ANY ACTION ON THE TRANSACTION BY THE CORPORATION. UPON REPORT OF A POSSIBLE CONFLICT, THE BOARD WILL CONDUCT AN INVESTIGATION AND DETERMINE WHETHER A CONFLICT OF INTEREST DOES EXIST AND WHETER IT IS SUBSTANTIAL. IF THE BOARD DETERMINES THAT A SUBSTANTIAL CONFLICT OF INTEREST EXISTS, THE INTERESTED INDIVIUAL WIL NOT VOTE ON THE TRANSACTION PRESENTING THE CONFLICT. THE INTERESTED INDIVIDUAL MAY VOTE ONLY IF THE BOARD DETERMINES THAT NO CONFLICT, EXISTS OR THE CONFLICT IS NOT SUBSTANTIAL. NO INVESTIGATION OR DETERMINATION BY THE BOARD WILL BE REQUIRED IF THE INTERESTED INDIVIDUAL VOLUNTARILY AGREES TO REFRAIN FROM VOTING ON THE TRANSCATION PRESENTNG THE POTENTIAL CONFLICT OF INTERVIEW. THE INTERESTED INDIVIDUAL MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD DETERMINES AND APPROVES THE COMPENSATION OF KEY STAFF. |
| FORM 990, PAGE 6, PART VI, LINE 15B | EMPLOYEES AND FACULTY ARE DETERMINED BASED ON AN ORGANIZATION WIDE SALARY RANGE TABLE WHICH FACTORS IN EDUCATION AND EXPERIENCE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL BOARD MEETINGS ARE POSTED IN ADVANCE IN ACCORDANCE WITH TEXAS OPEN MEETING LAWS. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BOTH AT THE MEETING OR FOLLOWING THE MEETING AND UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | ROUNDING 0 LOSS ON EXTINGUISHMENT OF DEBT -1,500,669 TOTAL -1,500,669 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| GREATHEARTS ARIZONA | ||||||||||
| 3102 N 56TH STREET SUITE 300 | PHOENIX | AZ | 85018 | 202036133 | SCHOOL | AZ | 3 | 2 | N/A | false |
| GREATHEARTS AMERICA | ||||||||||
| 3102 N 56TH STREET SUITE 300 | PHOENIX | AZ | 85018 | 454306715 | EDUCATE | AZ | 3 | 2 | N/A | false |
| THE GREATHEARTS FOUNDATION INC | ||||||||||
| 4801 E WASHINGTON STREET SUITE 250 | PHOENIX | AZ | 85034 | 823809856 | EDUCATION | AZ | 3 | 12A | N/A | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATHEARTS AMERICA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionTypeTxt |
| Involved | $1,075,323 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |
Averaging Attachment AveragingAttachment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NO LOBBYING ACTIVITY IN PREVIOUS YEAR. | ExplanationTxt |
Comments