BETA

VARNETT SCHOOLS INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
VARNETT SCHOOLS INC (EIN 76-0297121)
Tax period
2013-09-01 to 2014-08-31
Filed
2015-07-13
IRS object ID
201521949349300242
Schema version
2013v4.0
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)
Return2015-07-13T11:32:37-05:00ReturnTs
Tax Period End2014-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN760286393PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HEREFORD LYNCHSELLARS & KIRKHAM PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 E BOOTHEAddressLine1
CityCLEVELANDCity
StateTXState
ZIP Code77327ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760297121EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE VARNETT SCHOOLS INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlVARNBusinessNameControlTxt
Phone7137234699PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1457AddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77251ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWARNER D ERVINPersonNm
Person Title2015 PRESIDENTPersonTitleTxt
Phone7137234699PhoneNum
Signature2015-07-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLELAND DUSHKINPreparerPersonNm
PTINP00975200PTIN
Phone2815926443PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWARNER D ERVINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1457AddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77251ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$15,263,815GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VARNETT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN AND PROVIDES QUALIFYING STUDENTS WITH SUBSIDIZED MEALS.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee221TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,267PYContributionsGrantsAmt
CY Contributions Grants$15,065,616CYContributionsGrantsAmt
PY Program Service Revenue$13,471,738PYProgramServiceRevenueAmt
CY Program Service Revenue$41,162CYProgramServiceRevenueAmt
PY Investment Income$160,680PYInvestmentIncomeAmt
CY Investment Income$157,037CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$13,652,685PYTotalRevenueAmt
CY Total Revenue$15,263,815CYTotalRevenueAmt
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$6,741,202PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,408,392CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,046CYTotalFundraisingExpenseAmt
PY Other Expenses$5,367,980PYOtherExpensesAmt
CY Other Expenses$9,138,471CYOtherExpensesAmt
PY Total Expenses$12,109,182PYTotalExpensesAmt
CY Total Expenses$16,546,863CYTotalExpensesAmt
PY Revenues Less Expenses$1,543,503PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,283,048CYRevenuesLessExpensesAmt
Total Assets BOY$21,264,715TotalAssetsBOYAmt
Total Assets EOY$19,733,115TotalAssetsEOYAmt
Total Liabilities BOY$1,001,964TotalLiabilitiesBOYAmt
Total Liabilities EOY$695,454TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$20,262,751NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$19,037,661NetAssetsOrFundBalancesEOYAmt
MissionTHE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN AND PROVIDES QUALIFYING STUDENTS WITH SUBSIDIZED MEALS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$12,031,443ExpenseAmt
Revenue$41,162RevenueAmt
DescTHE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN, SERVING MOSTLY MINORITY STUDENTS.Desc
Total Program Service Expenses$12,031,443TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
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 RequiredYes (1)ScheduleJRequiredInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee221EmployeeCnt
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
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or MisuseYes (1)MaterialDiversionOrMisuseInd
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
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WARNER D ERVINBusinessNameLine1
FieldValueIRS element (for citing)
Phone7137234699PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1457AddressLine1
CityHOUSTONCity
StateTXState
ZIP Code77251ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
M ANNETTE CLUFF
PRESIDENT40.00Yes (X)Yes (X)$344,274$0$0
LINDA WATSON
SECRETARY/TREASURER10.00Yes (X)Yes (X)$0$0$0
HOWARD JEFFERSON
DIRECTOR10.00Yes (X)$0$0$0
ALSIE CLUFF JR
EMPLOYEE40.00$219,247$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$563,521TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
UNICORN BUILDING & MAINTENANCE
4610 CREEK POINTE LANEMISSOURI CITYTX77459MAINTENANCE$895,347
TWIN CITY SECURITY
9800 RICHMOND AVE STE 480HOUSTONTX77042SECURITY$199,179
SPEECH & LANGUAGE CONNECTIONS
23922 CINCO VILLAGE CENTER STE 120KATYTX77494CONSULTATION$116,765
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$15,007,509GovernmentGrantsAmt
All Other Contributions$58,107AllOtherContributionsAmt
Total Contributions$15,065,616TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FOOD SERVICE REVENUE611600$28,945$28,945
BOOK FAIR611600$12,217$12,217
FieldValueIRS element (for citing)
Total Program Service Revenue$41,162TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$157,037TotalRevenueColumnAmt
Exclusion$157,037ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,263,815TotalRevenueColumnAmt
Related Or Exempt Func Income$41,162RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$157,037ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$563,521TotalAmt
Program Services$219,247ProgramServicesAmt
Management And General$344,274ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,291,132TotalAmt
Program Services$5,820,307ProgramServicesAmt
Management And General$470,825ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$139,348TotalAmt
Program Services$135,430ProgramServicesAmt
Management And General$3,918ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$284,038TotalAmt
Program Services$284,038ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$130,353TotalAmt
Program Services$119,596ProgramServicesAmt
Management And General$10,757ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,079,372TotalAmt
Management And General$3,079,372ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$119,837TotalAmt
Management And General$119,837ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$675,104TotalAmt
Program Services$405,584ProgramServicesAmt
Management And General$269,520ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$696,651TotalAmt
Program Services$653,117ProgramServicesAmt
Management And General$43,534ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$33,458TotalAmt
Program Services$19,044ProgramServicesAmt
Management And General$14,414ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$505,916TotalAmt
Program Services$505,916ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES, TEXTBOOKS, FO$1,646,926$1,519,590$127,336
ABANDONED BUILDING PROJ$1,020,079$1,020,079
MAINTENANCE AND REPAIRS$987,618$987,618
MISCELLANEOUS OPERATING$373,510$341,877$30,587$1,046

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,546,863TotalAmt
Program Services$12,031,443ProgramServicesAmt
Management And General$4,514,374ManagementAndGeneralAmt
Fundraising$1,046FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,677,470BOYAmt
EOY$1,449,634EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,844,604BOYAmt
EOY$10,000,643EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$1,246,533EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$66,986BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$9,690BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$452,401BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,989,739LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,953,434LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,066,003BOYAmt
EOY$7,036,305EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$147,561BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,264,715BOYAmt
EOY$19,733,115EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$376,935BOYAmt
EOY$291,724EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$625,029BOYAmt
EOY$403,730EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,001,964BOYAmt
EOY$695,454EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,632,125BOYAmt
EOY$7,945,342EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,630,626BOYAmt
EOY$11,092,319EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,262,751BOYAmt
EOY$19,037,661EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,264,715BOYAmt
EOY$19,733,115EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,283,048ReconcilationRevenueExpnssAmt
Prior Period Adjustments$57,958PriorPeriodAdjustmentsAmt
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 Committee0AuditCommitteeInd
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$653,287OtherCostOrOtherBasisAmt
Book Value$653,287BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,813,581OtherCostOrOtherBasisAmt
Depreciation$1,304,553DepreciationAmt
Book Value$5,509,028BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,522,871OtherCostOrOtherBasisAmt
Depreciation$1,648,881DepreciationAmt
Book Value$873,990BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,036,305TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
WAGES PAYABLE$211,671
PAYROLL DEDUCTIONS PAYABLE$175,639
DUE TO GOVERNMENT$16,420
FieldValueIRS element (for citing)
Total Liability$403,730TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$15,263,815TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$15,263,815RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,263,815TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$16,546,863TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$16,546,863ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$16,546,863TotalExpensesPerForm990Amt

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 3THE ORGANIZATION PUBLICIZES ITS POLICY ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 6AS A TEXAS CHARTERED SCHOOL, THE ORGANIZATION RECEIVES FUNDS FROM THE STATE OF TEXAS AS LONG AS REQUIREMENTS ARE MET.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
M ANNETTE CLUFF
PRESIDENT$344,274$0$0$0$0$0$0$0$0$0$344,274$0$0$0
ALSIE CLUFF JR
EMPLOYEE$219,247$0$0$0$0$0$0$0$0$0$219,247$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2M. ANNETTE CLUFF AND ALSIE CLUFF JR ARE MARRIED. ALSIE CLUFF, III IS THE SON OF ALSIE CLUFF, JR. AND M. ANNETTE CLUFF. MELISSA CLUFF, DAUGHTER OF ALSIE CLUFF, JR. AND M. ANNETTE CLUFF IS AN EMPLOYEE OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 5IN SPRING 2014, THE VARNETT SCHOOLS, INC (THE "SCHOOL") OBTAINED INFORMATION FROM WHICH IT DEVELOPED A REASONABLE SUSPICION THAT ONE OR MORE FORMER ADMINISTRATORS MAY HAVE MISAPPROPRIATED VARIOUS SCHOOL FUNDS. AFTER LEARNING OF THE ALLEGATIONS, THE SCHOOL RETAINED LEGAL COUNSEL TO INVESTIGATE THE ALLEGATIONS. THROUGH THE COURSE OF THAT INVESTIGATION (WHICH HAS NOT CONCLUDED), THE SCHOOL DISCOVERED THAT THE INDIVIDUAL(S) APPEAR TO HAVE MISAPPROPRIATED IN EXCESS OF $1.8 MILLION FROM THE SCHOOL. AS A RESULT OF THE INVESTIGATION, THE FORMER ADMINISTRATORS RESIGNED THEIR EMPLOYMENT AND AFFILIATION WITH THE SCHOOL IN SUMMER 2014 AND TENDERED $1.5 MILLION IN REIMBURSEMENT TO THE SCHOOL. IN ADDITION, THE SCHOOL HAS RECEIVED $100,000 FROM AN INSURANCE POLICY THAT COVERED THEFT/MISAPPROPRIATION. AT PRESENT, THE SCHOOL'S LEGAL COUNSEL IS IN POSSESSION OF THESE FUNDS, AS REQUESTED BY THE U.S. DEPARTMENT OF JUSTICE, OFFICE OF THE UNITED STATES ATTORNEY FOR THE SOUTHERN DISTRICT OF TEXAS. THE SCHOOL IS CONTINUING IN ITS EFFORTS TO ASCERTAIN THE FULL MEASURE OF THE MISAPPROPRIATION AND TO TAKE THE REASONABLE AND NECESSARY STEPS TO RECOVER THE MISAPPROPRIATED FUNDS.
FORM 990, PART VI, SECTION B, LINE 11THE ORGANIZATION'S BOARD REVIEWED AND APPROVED OF THE FORM 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD 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 15SALARY 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 19APPLICABLE DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 3B:THE ORGANIZATION UNDERWENT THE REQUIRED AUDIT RESULTING FROM A FEDERAL AWARD IN THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133.

Comments

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