2015-03-24T06:50:01-07:00 2014-08-31 Sutton Frost Cary LLP 600 Six Flags Dr Suite 600 Arlington TX 76011 990 2013-09-01 311614490 TRINITY BASIN PREPARATORY INC TRIN 2149469100 400 S Zang Suite 700 DALLAS TX 75208 RANDAL SHAFFER CEO & PRESIDENT 2015-03-24 true Amy Michie P00956657 8176498083 2013 2016-02-25 16:41:14Z RANDAL SHAFFER 400 S Zang Suite 700 DALLAS TX 75208 15875147 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. 5 3 352 40 0 14011193 15760455 70012 114692 0 0 14081205 15875147 0 0 9662099 10436141 0 25827 4861354 5207068 14523453 15643209 -442248 231938 10365247 31392563 9149280 31691848 1215967 -299285 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 10821424 114692 Provide a free, public education focusing on language acquisition skills to students who seek an alternative to traditional public schools but who cannot afford private school tuition. In the fiscal year ended August 31, 2014 TBP had 1,732 students. Over 90% of students are considered Economically Disadvantaged and 65% were classified as Limited English Proficient (LEP). During the year TBP served over 250,000 meals that were either free or 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 as a result of the Healthy, Hunger-Free Kids Act in 2010 and 2010 Dietary Guidelines for Americans. 10821424 true true false false false false false false false false true false false true false 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 false true 12 0 true 352 true false false false false false false false false 0 false false false false false false false false false false X 5 3 false false false false false false false true true false false true true true true true true true true false X BRANDON DUCK 2149469100 400 S ZANG SUITE 700 DALLAS TX 75208 X JULIA GOMEZ Director 40.00 0.00 X X 52467 0 4198 KENNETH PETREE Director 2.00 0.00 X 0 0 0 LOREN HITCHCOCK Chairman 2.00 0.00 X X 0 0 0 STEVE MCCUNE Director 2.00 0.00 X 0 0 0 RANDAL SHAFFER CEO 40.00 0.00 X 290752 0 26858 JOHN INGRAM SEE SCH O 40.00 0.00 X 81764 0 22905 BRANDON DUCK CFO eff 3/31/14 40.00 0.00 X 0 0 0 Shedera Morrison Asst. Super. 40.00 0.00 X 151865 0 24310 576848 78271 2 false true false Hale Mills 3700 Buffalo Speedway Suite 1100 Houston TX 77098 General Contractor 361211 Invo Healthcare Associates 1780 Kendarbren Drive Jamison PA 18929 Student Assesments 166148 Twelve Oaks PO Box 542585 Dallas TX 75254 Student Food Service 577479 Butler Cohen 2503 South Blvd Houston TX 77098 General Contractor 137649 4 15760455 41272 15760455 FOOD SERVICE REVENUE 611710 36872 36872 Other local revenue 611710 77820 77820 114692 0 0 0 0 0 0 0 0 0 15875147 114692 0 0 0 0 447256 52000 395256 0 9055810 7701870 1353940 188882 174150 14732 607603 473251 134352 136590 112214 24376 0 1090 1090 50500 50500 0 0 0 643088 268950 374138 0 5748 5748 0 0 1095889 1095889 14176 11443 2733 0 0 653702 653702 0 772457 745483 26974 135186 39405 95781 FOOD SERVICES 739929 739929 MATERIALS 579154 431476 121851 25827 UTILITIES 369146 369146 Miscellaneous 133052 71253 61799 13951 13951 15643209 10821424 4795958 25827 232416 409976 1686241 1600397 0 473153 616827 0 0 0 0 97766 21898 16311239 2362832 7340542 13948407 0 0 0 0 535129 14795058 10365247 31392563 742156 979624 103895 100911 4810000 30442865 3493229 168448 9149280 31691848 X 1215967 -299285 1215967 -299285 10365247 31392563 X 231938 -1747190 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1749832 1749832 11685416 1334340 10351076 34145 15364 18781 2841846 1013128 1828718 13948407 DEBT ISSUANCE COSTS, NET 1059434 DEPOSITS 24917 Restricted Cash & CE held by bond truste 13710707 14795058 X 15875147 15875147 15875147 17390399 1747190 1747190 15643209 15643209 Part X : FIN48 Footnote GAAP requires the evaluation of tax positions taken in the course of preparing the Academy's 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 ("IRS"). Management has analyzed the tax positions taken by the Academy, and has concluded that as of August 31, 2014, 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. The Academy's form 990, Federal Retun of Organization Exempt from Income Tax is generally subject to examination by the IRS for three years from the date of filing. As a reult, the Acedemy is no longer subject to income tax examinations by the IRS for years prior to fiscal year 2011. Part XII, Line 2d: Other expenses and losses per audited F/S LOSS ON EARLY EXTINGUISHMENT OF DEBT $1747190 true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency The Academy receives financial assistance from the U.S. Department of Education passed through the Texas Education Agency. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race X X false false false false false false false false false false RANDAL SHAFFER CEO 290752 26858 317610 Shedera Morrison Asst. Super. 151865 24310 176175 A ARL EDU FIN CORP 2014A 273906171 041806BRO 2014-08-15 30524866 PROJECT, CAPITALIZED INTEREST, false false false B ARL EDU FIN CORP 2014B 273906171 041806BP4 2014-08-15 550000 PROJECT, CAPITALIZED INTEREST, false false false A 4785000 30524866 588198 6211095 162032 23122920 435825 4795 false true false true B 550000 11134 444826 85789 8250 false false false true A false false false false true B false false false false true A false false false false false B false false false false false Part VI SCHEDULE K, PART 1, A, COLUMN (F)- DESCRIPTION OF PURPOSE CONT.COST OF ISSUANCE, UNDERWRITER'S DISCOUNT, DEBT SERVICE FUND DEPOSIT, ADVANCE REFUNDING OF 8/31/2009 BONDS.SCHEDULE K, PART 1, B, COLUMN (F) - DESCRIPTION OF PURPOSE CONT.COST OF ISSUANCE, UNDERWRITER'S DISCOUNT X 1 41272 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the CFO and CEO/Superintendent 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. Other Changes In Net Assets Or Fund Balances - Other Decreases LOSS ON EARLY EXTINGUISHMENT OF DEBT - LEGAL DEFEASEMENT = -$1747190 Form 990 Pt VII, Sec A, #6, Compensation of officers, directors, etc. John Ingram was Director of Finance until 12-31-13.