Civic Intelligence

Richard Milburn Academy Texas Inc.

990 • Fiscal year 2017 • EIN 06-1585988

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 21, 2018

Organization ProfileWWW.RMACADEMY.ORG
1263 Terminal LoopMcqueeney, TX 78123

(254) 759-1902

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.41x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

40th percentile

0.7%

Higher net margin than 40% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$135,094

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

92nd percentile

39%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$8,450,834

Up $2,358,042 (+39%) from 2016

Net Assets

Up

$4,945,990

Up $139,188 (+2.9%) from 2016

Liabilities

Up

$3,504,844

Up $2,218,854 (+173%) from 2016

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin40th percentile

Revenue

Up

$20,114,932

Up $2,508,737 (+14%) from 2016

Expenses

Up

$19,975,744

Up $2,346,568 (+13%) from 2016

Net Income

Up

$139,188

Up $162,169 (+706%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $2,083,560Liabilities 2011: $1,032,505Net Assets 2011: $1,051,0552011Assets 2012: $1,864,073Liabilities 2012: $1,187,077Net Assets 2012: $676,9962012Assets 2013: $1,355,273Liabilities 2013: $1,354,343Net Assets 2013: $9302013Assets 2014: $3,126,538Liabilities 2014: $1,550,389Net Assets 2014: $1,576,1492014Assets 2015: $5,615,264Liabilities 2015: $785,481Net Assets 2015: $4,829,7832015Assets 2016: $6,092,792Liabilities 2016: $1,285,990Net Assets 2016: $4,806,8022016Assets 2017: $8,450,834Liabilities 2017: $3,504,844Net Assets 2017: $4,945,9902017Assets 2018: $13,454,700Liabilities 2018: $6,814,741Net Assets 2018: $6,639,9592018Assets 2019: $15,675,843Liabilities 2019: $7,812,419Net Assets 2019: $7,863,4242019Assets 2020: $18,351,958Liabilities 2020: $9,113,703Net Assets 2020: $9,238,2552020Assets 2021: $21,680,189Liabilities 2021: $10,476,052Net Assets 2021: $11,204,1372021Assets 2022: $23,805,381Liabilities 2022: $10,057,168Net Assets 2022: $13,748,2132022Assets 2023: $23,849,488Liabilities 2023: $8,852,206Net Assets 2023: $14,997,2822023Assets 2024: $25,205,706Liabilities 2024: $10,137,827Net Assets 2024: $15,067,8792024

Highlighted filing

2017

Assets$8,450,834
Liabilities$3,504,844
Net Assets$4,945,990
Open 2017 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $8,459,412Expenses 2011: $8,910,518Net Income 2011: -$451,1062011Expenses 2012: $9,029,2962012Revenue 2013: $8,365,164Expenses 2013: $9,041,230Net Income 2013: -$676,0662013Revenue 2014: $9,667,525Expenses 2014: $8,092,306Net Income 2014: $1,575,2192014Revenue 2015: $15,138,471Expenses 2015: $12,877,453Net Income 2015: $2,261,0182015Revenue 2016: $17,606,195Expenses 2016: $17,629,176Net Income 2016: -$22,9812016Revenue 2017: $20,114,932Expenses 2017: $19,975,744Net Income 2017: $139,1882017Revenue 2018: $19,361,042Expenses 2018: $17,667,073Net Income 2018: $1,693,9692018Revenue 2019: $18,793,478Expenses 2019: $17,570,013Net Income 2019: $1,223,4652019Revenue 2020: $19,713,102Expenses 2020: $18,338,271Net Income 2020: $1,374,8312020Revenue 2021: $17,499,287Expenses 2021: $15,533,405Net Income 2021: $1,965,8822021Revenue 2022: $20,259,262Expenses 2022: $17,715,186Net Income 2022: $2,544,0762022Revenue 2023: $17,755,930Expenses 2023: $16,506,861Net Income 2023: $1,249,0692023Revenue 2024: $18,089,346Expenses 2024: $18,018,749Net Income 2024: $70,5972024

Highlighted filing

2017

Revenue$20,114,932
Expenses$19,975,744
Net Income$139,188
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 21, 2018
Return Version
2016v3.1
Gross Receipts
$20,114,932
Mission and Program Overview

Mission

Charter school - richard milburn acadamy/texas, inc. Operates public charter high schools that offer students the opportunity to get back on track, improve grades, and earn their diploma in a nontraditional learning environment.

To operate charter schools that provide educational services to at risk students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,082,345$3,317,210▲ $234,865
Land, Buildings, and Equipment, Net$275,284$3,104,646▲ $2,829,362
Cash and Non-Interest-Bearing Accounts$-3,139$824,082▲ $827,221
Savings and Temporary Cash Investments$2,738,302$742,563▼ $1,995,739
Prepaid Expenses and Deferred Charges-$40,000-
Total Assets$6,092,792$8,450,834▲ $2,358,042
Other Assets Total-$422,333-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$1,904,454-
Accounts Payable and Accrued Expenses$1,285,990$1,600,390▲ $314,400
Total Liabilities$1,285,990$3,504,844▲ $2,218,854
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,324,847$4,324,847→ $0
Unrestricted Net Assets$481,955$621,143▲ $139,188
Total Net Assets Fund Balance$4,806,802$4,945,990▲ $139,188
Total Liabilities and Net Assets / Fund Balance$6,092,792$8,450,834▲ $2,358,042

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,533,050$378,848$2,911,898
Equipment$156,183$1,667,096$1,823,279
Land$391,540-$391,540
Other Land Buildings$23,873$11,936$35,809
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleBaseOtherTotal
Dr Norman HallSuperintende$134,581$513$135,094

Board Members and Trustees

NameTitle
Mr Ernest ChambersChairman/pre
Mr Michael PeeblesBoard Secret
Ms Rose ThompsonTreasurer
Dr Francis WhiteVice Preside
Mrs Betsy Hall BenderVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Jr3 Websmart LLCBack Office925 COLUMBUS, Waco, TX 76701$655,212
Butler-cohen LLC-2503 SOUTH BLVD, Houston, TX 77098$642,152
Walsh Gallegos Trevino Russo & Kyle-PO BOX 2156, Austin, TX 78768$198,433
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$20,114,412
Investment Income
$520
Other Revenue
$0
Change in Net Assets
$139,188

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,114,932
Total Revenue per Audited Statements
$20,114,932
Total Revenue per Form 990
$20,114,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,257,147
Other Expenses$7,718,597
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,627,220$3,727,812-$10,355,032
Occupancy$1,766,589$993,707-$2,760,296
Fees for Services Other$1,266,911$712,637-$1,979,548
Information Technology$781,204$439,428-$1,220,632
Payroll Taxes$568,761$319,928-$888,689
Other Employee Benefits$539,958$303,727-$843,685
Travel$232,042$130,524-$362,566
Pension Plan Contributions$108,634$61,107-$169,741
Depreciation Depletion$94,643$53,237-$147,880
Other Expenses$103,462$116,513-$103,462
Fees for Services Accounting-$68,840-$68,840
Fees for Services Legal-$54,901-$54,901
Insurance-$50,299-$50,299
Interest$39,248--$39,248
Total Functional Expenses$12,943,084$7,032,660$0$19,975,744

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,975,744
Total Expenses per Audited Statements$19,975,744
Total Expenses per Form 990$19,975,744
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dr Norman HallDirectorRentsNo$10,320
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The president, cfo, hr, and controller reviewed form 990 prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to report conflicts of interest as they become apparent.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Richard Milburn Academytexas Inc
EIN
06-1585988
Address
1263 TERMINAL LOOP, MCQUEENEY, TX 78123

Signing Officer

Name
Dr Norman Hall
Title
Superintendent
Signed
2018-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Norman Hall
Formed
2000
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
371

Preparer

Firm
Paul J Christensen & Associates LLC
Address
2110 AUSTIN AVE, WACO, TX 76701-1693
Preparer
Paul J Christensen CPA
Phone
2547523436
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Charter school - richard milburn acadamy/texas, inc. Operates public charter high schools that offer students the opportunity to get back on track, improve grades, and earn their diploma in a nontraditional learning environment.”

Raw XML Appendix391 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01285990
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01600390
IRS990/AccountsReceivableGrp/BOYAmt03082345
IRS990/AccountsReceivableGrp/EOYAmt03317210
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE CHARTER SCHOOLS THAT PROVIDE EDUCATIONAL SERVICES TO AT RISK STUDENTS.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JR3 WEBSMART LLC
IRS990/BooksInCareOfDetail/PhoneNum02547591902
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0925 COLUMBUS
IRS990/BooksInCareOfDetail/USAddress/CityNm0WACO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt0-3139
IRS990/CashNonInterestBearingGrp/EOYAmt0824082
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0655212
IRS990/ContractorCompensationGrp/CompensationAmt1642152
IRS990/ContractorCompensationGrp/CompensationAmt2198433
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0925 COLUMBUS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12503 SOUTH BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 2156
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WACO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1HOUSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2AUSTIN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd076701
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd177098
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd278768
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0JR3 WEBSMART LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1BUTLER-COHEN LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2WALSH GALLEGOS TREVINO RUSSO & KYLE
IRS990/ContractorCompensationGrp/ServicesDesc0BACK OFFICE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0520
IRS990/CYOtherExpensesAmt07718597
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt020114412
IRS990/CYRevenuesLessExpensesAmt0139188
IRS990/CYSalariesCompEmpBnftPaidAmt012257147
IRS990/CYTotalExpensesAmt019975744
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt020114932
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt053237
IRS990/DepreciationDepletionGrp/ProgramServicesAmt094643
IRS990/DepreciationDepletionGrp/TotalAmt0147880
IRS990/Desc0ACADEMIC PROGRAM - THE ACADEMY PROVIDES EDUCATIONAL SERVICES TO STUDENTS IN GRADE 9 THROUGH 12 WHO ARE AT RISK OF DROPPING OUT OF THE PUBLIC HIGH SCHOOL SYSTEM PRIOR TO GRADUATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0371
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt012943084
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt068840
IRS990/FeesForServicesAccountingGrp/TotalAmt068840
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt054901
IRS990/FeesForServicesLegalGrp/TotalAmt054901
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0712637
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01266911
IRS990/FeesForServicesOtherGrp/TotalAmt01979548
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5513
IRS990/Form990PartVIISectionAGrp/PersonNm0DR FRANCIS WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm1MR ERNEST CHAMBERS
IRS990/Form990PartVIISectionAGrp/PersonNm2MRS BETSY HALL BENDER
IRS990/Form990PartVIISectionAGrp/PersonNm3MR MICHAEL PEEBLES
IRS990/Form990PartVIISectionAGrp/PersonNm4MS ROSE THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm5DR NORMAN HALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5134581
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN/PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SUPERINTENDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt020114932
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0439428
IRS990/InformationTechnologyGrp/ProgramServicesAmt0781204
IRS990/InformationTechnologyGrp/TotalAmt01220632
IRS990/InsuranceGrp/ManagementAndGeneralAmt050299
IRS990/InsuranceGrp/TotalAmt050299
IRS990/InterestGrp/ProgramServicesAmt039248
IRS990/InterestGrp/TotalAmt039248
IRS990/InvestmentIncomeGrp/ExclusionAmt0520
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0520
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt074
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02057880
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0275284
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03104646
IRS990/LandBldgEquipCostOrOtherBssAmt05162526
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CHARTER SCHOOL - RICHARD MILBURN ACADAMY/TEXAS, INC. OPERATES PUBLIC CHARTER HIGH SCHOOLS THAT OFFER STUDENTS THE OPPORTUNITY TO GET BACK ON TRACK, IMPROVE GRADES, AND EARN THEIR DIPLOMA IN A NONTRADITIONAL LEARNING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01904454
IRS990/NetAssetsOrFundBalancesBOYAmt04806802
IRS990/NetAssetsOrFundBalancesEOYAmt04945990
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0993707
IRS990/OccupancyGrp/ProgramServicesAmt01766589
IRS990/OccupancyGrp/TotalAmt02760296
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0422333
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0303727
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0539958
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0843685
IRS990/OtherExpensesGrp/Desc0CLASSROOM MATERIALS/SUPPL
IRS990/OtherExpensesGrp/Desc1MISC. OPERATING COSTS
IRS990/OtherExpensesGrp/Desc2TEXTBOOK/TESTING SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0116513
IRS990/OtherExpensesGrp/ProgramServicesAmt0607278
IRS990/OtherExpensesGrp/ProgramServicesAmt1207134
IRS990/OtherExpensesGrp/ProgramServicesAmt2103462
IRS990/OtherExpensesGrp/TotalAmt0607278
IRS990/OtherExpensesGrp/TotalAmt1323647
IRS990/OtherExpensesGrp/TotalAmt2103462
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03727812
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06627220
IRS990/OtherSalariesAndWagesGrp/TotalAmt010355032
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0319928
IRS990/PayrollTaxesGrp/ProgramServicesAmt0568761
IRS990/PayrollTaxesGrp/TotalAmt0888689
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt061107
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0108634
IRS990/PensionPlanContributionsGrp/TotalAmt0169741
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040000
IRS990/PrincipalOfficerNm0DR NORMAN HALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0FOUNDATION PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FEDERAL PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LOCAL PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018791732
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11085350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2237330
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018791732
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11085350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2237330
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0619
IRS990/PYOtherExpensesAmt06906773
IRS990/PYProgramServiceRevenueAmt017605576
IRS990/PYRevenuesLessExpensesAmt0-22981
IRS990/PYSalariesCompEmpBnftPaidAmt010722403
IRS990/PYTotalExpensesAmt017629176
IRS990/PYTotalRevenueAmt017606195
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0139188
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02738302
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0742563
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02533050
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0378848
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02911898
IRS990ScheduleD/EquipmentGrp/BookValueAmt0156183
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01667096
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01823279
IRS990ScheduleD/ExpensesSubtotalAmt019975744
IRS990ScheduleD/LandGrp/BookValueAmt0391540
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0391540
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt023873
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011936
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035809
IRS990ScheduleD/RevenueSubtotalAmt020114932
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03104646
IRS990ScheduleD/TotalExpensesPerForm990Amt019975744
IRS990ScheduleD/TotalRevenuePerForm990Amt020114932
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020114932
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt019975744
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL PROMOTIONAL MATERIAL WRITTEN AS WELL AS ORAL CONTAIN LANGUAGE EMPHASIZING THAT THE ACADEMY IS RACIALLY NONDISCRIMINATORY BOTH IN ACCEPTANCE OF STUDENTS AS WELL AS EMPLOYEES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1REVENUES ARE RECEIVED FROM THE STATE OF TEXAS UNDER THE FOUNDATION SCHOOL PROGRAM AND THE FEDERAL GOVERNMENT TITLE I-V PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DR NORMAN HALL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010320
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENTS
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (D) DESCRIPTION OF TRANSACTION: DR. NORMAN HALL LEASES OFFICE SPACE TO THE ORGANIZATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOL - RICHARD MILBURN ACADAMY/TEXAS, INC. OPERATES PUBLIC CHARTER HIGH SCHOOLS THAT OFFER STUDENTS THE OPPORTUNITY TO GET BACK ON TRACK, IMPROVE GRADES, AND EARN THEIR DIPLOMA IN A NONTRADITIONAL LEARNING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT, CFO, HR, AND CONTROLLER REVIEWED FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REPORT CONFLICTS OF INTEREST AS THEY BECOME APPARENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04324847
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04324847
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06092792
IRS990/TotalAssetsEOYAmt08450834
IRS990/TotalAssetsGrp/BOYAmt06092792
IRS990/TotalAssetsGrp/EOYAmt08450834
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt0371
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07032660
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt012943084
IRS990/TotalFunctionalExpensesGrp/TotalAmt019975744
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01285990
IRS990/TotalLiabilitiesEOYAmt03504844
IRS990/TotalLiabilitiesGrp/BOYAmt01285990
IRS990/TotalLiabilitiesGrp/EOYAmt03504844
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04806802
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04945990
IRS990/TotalOtherCompensationAmt0513
IRS990/TotalProgramServiceExpensesAmt012943084
IRS990/TotalProgramServiceRevenueAmt020114412
IRS990/TotalReportableCompFromOrgAmt0134581
IRS990/TotalRevenueGrp/ExclusionAmt0520
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020114412
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt020114932
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06092792
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08450834
IRS990/TravelGrp/ManagementAndGeneralAmt0130524
IRS990/TravelGrp/ProgramServicesAmt0232042
IRS990/TravelGrp/TotalAmt0362566
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0481955
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0621143
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RMACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR NORMAN HALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SUPERINTENDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RICHARD MILBURN ACADEMYTEXAS INC
ReturnHeader/Filer/BusinessNameControlTxt0RICH
ReturnHeader/Filer/EIN0061585988
ReturnHeader/Filer/USAddress/AddressLine1Txt01263 TERMINAL LOOP
ReturnHeader/Filer/USAddress/CityNm0MCQUEENEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078123
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C173C7792913811193331293B760E3538174435
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01C173C7792913811193331293B760E3538174435
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0815081933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAUL J CHRISTENSEN & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02110 AUSTIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0767011693
ReturnHeader/PreparerPersonGrp/PhoneNum02547523436
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL J CHRISTENSEN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-04-02T14:08:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,450,834
Liabilities
$3,504,844
Net assets
$4,945,990
Revenue
$20,114,932
Expenses
$19,975,744
Net income
$139,188
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.2$10.1$15.1$18.1$18.0$0.07
2023Detailed filing. Detailed filing data is available for this year.$23.8$8.85$15.0$17.8$16.5$1.25
2022Detailed filing. Detailed filing data is available for this year.$23.8$10.1$13.7$20.3$17.7$2.54
2021Detailed filing. Detailed filing data is available for this year.$21.7$10.5$11.2$17.5$15.5$1.97
2020Detailed filing. Detailed filing data is available for this year.$18.4$9.11$9.24$19.7$18.3$1.37
2019Detailed filing. Detailed filing data is available for this year.$15.7$7.81$7.86$18.8$17.6$1.22
2018Detailed filing. Detailed filing data is available for this year.$13.5$6.81$6.64$19.4$17.7$1.69
2017Detailed filing. Detailed filing data is available for this year.$8.45$3.50$4.95$20.1$20.0$0.14
2016Detailed filing. Detailed filing data is available for this year.$6.09$1.29$4.81$17.6$17.6$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.62$0.79$4.83$15.1$12.9$2.26
2014Summary only. Only limited summary data is available for this year.$3.13$1.55$1.58$9.67$8.09$1.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$1.35$0.00$8.37$9.04$0.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$1.19$0.68$9.03
2011Summary only. Only limited summary data is available for this year.$2.08$1.03$1.05$8.46$8.91$0.45