2019-05-01T06:40:11-07:00 2018-08-31 752593210 Sutton Frost Cary LLP 600 Six Flags Dr Suite 600 Arlington TX 76011 990 2017-09-01 311614490 TRINITY BASIN PREPARATORY INC TRIN 2149469100 400 S Zang Suite 700 DALLAS TX 75208 RANDAL SHAFFER CEO & PRESIDENT 2019-05-01 true Amy Michie P00956657 8176498083 2017 2019-02-21 02:37:17Z RANDAL SHAFFER 400 S Zang Suite 700 DALLAS TX 75208 30754444 false false X www.trinitybasin.net X 1998 TX Provide a safe, disciplined learning environment in which every student can succeed. We seek to provide every student with basic tools necessary to build a solid foundation for future educational, business and social success. 6 4 487 757 0 2831866 3424878 24131528 27329566 -362422 0 0 26600972 30754444 0 0 15552893 18638968 0 180116 8392100 7983292 23944993 26622260 2655979 4132184 33602303 53061020 30893678 46220211 2708625 6840809 Provide a safe, disciplined learning environment in which every student can succeed. We seek to provide every student with basic tools necessary to build a solid foundation for future educational, business and social success. false false 24755506 27355816 Provide a well-rounded and rigorous education to our students focusing on the core academic areas of reading, writing, math, science and social studies. Expectations are very high for students and faculty in order to foster an environment of achievement and success. Teachers who are successful within our organization understand the need to reach each individual student, regardless of any perceived learning barriers. At Trinity Basin Preparatory, we believe every child can succeed, and our teachers, staff, and administrators are all dedicated to that success.In the fiscal year ended August 31, 2018 TBP had over 3,100 students. Over 90% of students are considered Economically Disadvantaged and over 60% were classified as Limited English Proficient (LEP). During the year TBP served over 486,000 total meals of which over 443,000 were either free or sold at reduced cost. All meals meet the regulations outlined in the final rule (77 FR 4088) titled Nutrition Standards in the National School Lunch and School Breakfast Program related to the Healthy, Hunger-Free Kids Act in 2010 and 2010 Dietary Guidelines for Americans. 24755506 true true false false false false false false false false true false false true true true true false true false false false false false false false false false false true true false false false false false false false false false false true false false false false false false false false true 8 0 true 487 true false false false false false false false false 0 false false false false false false false false false false X 6 4 false false false false false false false true true false false true true true true true true true true false X James Dworkin 2149469100 400 S ZANG SUITE 700 DALLAS TX 75208 RANDAL SHAFFER CEO & President 60.00 0.00 X X 343200 0 27137 JULIA GOMEZ Director 60.00 0.00 X 52258 0 3919 KENNETH PETREE Vice President 2.00 0.00 X X 0 0 0 DANA BICKFORD Director 2.00 0.00 X 0 0 0 MIKE WINEMILLER Director 2.00 0.00 X 0 0 0 LOREN HITCHCOCK Chairman 2.00 0.00 X X 0 0 0 ROBERT VARNER COO & SECRETARY 60.00 0.00 X 133741 0 22852 James Dworkin CFO & TREASURER 60.00 0.00 X 153933 0 23254 683132 77162 3 false true false SUPERCLEAN SERVICE 12024 FORESTGATE DR DALLAS TX 75243 CUSTODIAL 251550 TWELVE OAKS CATERING PO BOX 542585 DALLAS TX 75354 FOOD CATERING 1051509 2 3398628 26250 119975 3424878 FOOD SERVICE REVENUE 611710 112999 112999 Other local revenue 611710 90811 90811 State Program Revenue 611600 27125756 27125756 27329566 0 0 0 0 0 0 0 0 0 30754444 27329566 0 0 0 0 743567 60921 682646 0 16440331 15713675 591456 135200 537746 505677 29204 2865 682751 672004 -13636 24383 234573 215741 16920 1912 0 39876 77 39799 38500 38500 0 0 0 456992 382525 69111 5356 0 0 0 0 2058292 2056512 1780 86007 69859 16148 0 0 1245523 1245523 0 1532905 1526003 6902 206851 74355 132496 Supplies and Materials 2154212 2101486 42326 10400 Operating Costs 155535 124544 30991 DUES AND FEES 8599 6604 1995 0 26622260 24755506 1686638 180116 0 6397459 10300423 0 1852213 1881649 0 0 0 0 138804 319049 41396140 4798525 25169866 36597615 0 0 0 0 43961 3962284 33602303 53061020 2189991 3649121 27596390 27557954 13303226 1200000 1107297 509910 30893678 46220211 X 220898 450958 2487727 6389851 2708625 6840809 33602303 53061020 4132184 X false true X true true true X 5821512 5821512 32699764 3926423 28773341 68654 56001 12653 2806210 816101 1990109 36597615 Construction In Progress 3869093 DEPOSITS 93191 3962284 CAPITAL LEASE OBLIGATION 509910 509910 X 30754444 30754444 30754444 26622260 26622260 26622260 Part X : FIN48 Footnote The Academy is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (Code) and has not been classified as a private foundation as defined in the Code. Income generated from activities unrelated to the Academys exempt purposes is subject to tax under Code Section 511. The Academy had no unrelated business income for the year ended August 31, 2018. Accordingly, no provision has been made for federal income tax. GAAP requires the evaluation of tax positions taken in the course of preparing the Academys tax returns and recognition of a tax liability (or asset) if the Academy has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Academy, and has concluded that as of August 31, 2018, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Publicized in recruitment literature, flyers in public places, print and electronic media. Information is available in English and Spanish, as appropriate. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency The Academy receives financial assistance from the U.S. Department of Education and the U.S. Department of Agriculture passed through the Texas Education Agency. X X false false false false false false false false false false James Dworkin CFO & TREASURER 143333 10600 23254 177187 RANDAL SHAFFER CEO & President 300000 30000 13200 27137 370337 ROBERT VARNER COO & SECRETARY 122000 11741 22852 156593 A ARL EDU FIN CORP 2014A 273906171 041806CG3 2014-08-15 29457040 Finance acquisition, true false false B BEASLEY HIGHER ED FIN COR 202193919 074027AJ2 2011-05-01 8835000 SCHOOL CONSTRUCTION false false false A 402000 2310000 29457040 588198 7848397 162032 23049698 2016 false true true true B 31774 8835000 8835000 2012 false false true true A false false false false false false true B false false false false false false true A false true false false false false B false true false false false false Part VI SCHEDULE K, PART 1, A, COLUMN (F)- DESCRIPTION OF PURPOSE CONT.Construction and renovation of facilities, refinance debt and fund debt issue costs.SCHEDULE K, PART II, LINE 15, COLUMN (A) - SERIES 2014 BONDS-ADVANCE REFUNDING OF THE SERIES 2009 BONDS.In May 2018, TBP completed a transaction to purchase a property at 2524 Ledbetter Drive in Dallas, Texas from Focus Learning Academy, Inc. Subject to a forbearance agreement, the purchase included assumption of previously issued Series 2011 Education Revenue bonds with outstanding principal of $8,835,000. Over the course of the 24-month forbearance period ending May, 2020 TBP will pay to UMB Bank (Trustee) principal payments totaling $451,774. Upon expiration of the forbearance period, the Academy shall furnish written notice of its election to i) transfer title and possession of the collateral and debt obligations to the Trustee or ii) make a liquidation payment to the Trustee in the amount of $5,950,000 or iii) assume debt service for the balance outstanding at that time. X 1 119975 fmv false false false Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the CFO and CEO/President for accuracy and content. The final Form 990 is sent to the Board of Directors prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members recuse themselves from any vote which may seem prejudicial based upon interests. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management To determine the CEO's compensation, the Board considers relevant experience, education and the TEA's public listing of Superintendent salaries at comparable charter schools. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees To determine key employee salaries, the CEO considers education, experience and daily rate of comparable jobs within the education field. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies and financial statements are available upon request.