Civic Intelligence

Cristo Rey Work Study Program Inc

990 • Fiscal year 2021 • EIN 26-3739361

Jul 01, 2020 to Jun 30, 2021 • Filed on May 05, 2022

6700 Mount Carmel StreetHouston, TX 77087

(281) 501-1298

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.49x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

13th percentile

-13%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

3rd percentile

-27%

Faster asset growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-39%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$629,774

Down $237,187 (-27%) from 2020

Net Assets

Down

$320,788

Down $294,046 (-48%) from 2020

Liabilities

Up

$308,986

Up $56,859 (+23%) from 2020

Revenue

Down

$2,233,935

Down $1,411,002 (-39%) from 2020

Expenses

Down

$2,527,981

Down $805,622 (-24%) from 2020

Net Income

Down

-$294,046

Down $605,380 (-194%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2013: $340,680Liabilities 2013: $157,317Net Assets 2013: $183,3632013Assets 2014: $258,912Liabilities 2014: $126,678Net Assets 2014: $132,2342014Assets 2015: $437,454Liabilities 2015: $236,909Net Assets 2015: $200,5452015Assets 2016: $184,120Liabilities 2016: $256,592Net Assets 2016: -$72,4722016Assets 2017: $188,479Liabilities 2017: $220,204Net Assets 2017: -$31,7252017Assets 2019: $523,848Liabilities 2019: $220,348Net Assets 2019: $303,5002019Assets 2020: $866,961Liabilities 2020: $252,127Net Assets 2020: $614,8342020Assets 2021: $629,774Liabilities 2021: $308,986Net Assets 2021: $320,7882021Assets 2022: $1,072,438Liabilities 2022: $219,327Net Assets 2022: $853,1112022

Highlighted filing

2021

Assets$629,774
Liabilities$308,986
Net Assets$320,788

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $2,056,2042013Revenue 2014: $2,753,953Expenses 2014: $2,803,310Net Income 2014: -$49,3572014Revenue 2015: $2,933,403Expenses 2015: $2,874,022Net Income 2015: $59,3812015Revenue 2016: $3,068,397Expenses 2016: $3,344,513Net Income 2016: -$276,1162016Revenue 2017: $3,204,050Expenses 2017: $3,163,303Net Income 2017: $40,7472017Revenue 2019: $3,689,997Expenses 2019: $3,519,270Net Income 2019: $170,7272019Revenue 2020: $3,644,937Expenses 2020: $3,333,603Net Income 2020: $311,3342020Revenue 2021: $2,233,935Expenses 2021: $2,527,981Net Income 2021: -$294,0462021Revenue 2022: $2,831,279Expenses 2022: $2,298,956Net Income 2022: $532,3232022

Highlighted filing

2021

Revenue$2,233,935
Expenses$2,527,981
Net Income-$294,046
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 5, 2022
Return Version
2020v4.2
Gross Receipts
$2,233,935
Mission and Program Overview

Mission

The Work Study Program and Jesuit Cristo Rey High School of Houston (aka Cristo Rey Jesuit College Preparatory School) operate together as a coordinated program which combines personal responsibility, academic rigor and a corporate work-study program to empower students of all faiths from economically challenged families to reach their full potential.

The Work Study Program provides the students of Jesuit Cristo Rey High School of Houston (aka Cristo Rey Jesuit College Prep School) valuable employment training and on-the-job experience in addition to enabling the students to defray the cost of their education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$498,973$567,170▲ $68,197
Accounts Receivable$367,988$38,956▼ $329,032
Pledges and Grants Receivable-$20,468-
Prepaid Expenses and Deferred Charges-$3,180-
Total Assets$866,961$629,774▼ $237,187
Liabilities
Deferred Revenue$97,472$253,250▲ $155,778
Other Liabilities$150,215$50,089▼ $100,126
Accounts Payable and Accrued Expenses$4,440$5,647▲ $1,207
Total Liabilities$252,127$308,986▲ $56,859
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$614,834$320,788▼ $294,046
Total Net Assets Fund Balance$614,834$320,788▼ $294,046
Total Liabilities and Net Assets / Fund Balance$866,961$629,774▼ $237,187
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul BeckPresident, CRJPT-$142,958$142,958
Misty Helm ChadwickExecutive DirectorFT$90,142$5,648$95,790

Board Members and Trustees

NameTitle
Paul SteierChair
Michael DillardVice Chair
Chris SimonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,963,844
Program Service Revenue
$270,091
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,932,344
Change in Net Assets
$-294,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,000,000
Salaries, Compensation, and Employee Benefits$474,233
Other Expenses$53,748
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,000,000--$2,000,000
Other Salaries and Wages$276,375--$276,375
Current Officers, Directors, Trustees, and Key Employees$95,790--$95,790
Other Employee Benefits$71,008--$71,008
Payroll Taxes$31,060--$31,060
Fees for Services Other$1,361$3,853-$5,214
Fees for Services Accounting-$2,200-$2,200
Office Expenses-$1,034-$1,034
Other Expenses$795--$795
Total Functional Expenses$2,520,894$7,087$0$2,527,981
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jesuit Cristo Rey High SchoolHouston, TX501(c)(3)Tuition Assistance$2,000,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to affiliate$50,089
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

The Work Study Program (WSP) and the School (SO) have a majority of the same Members. Article Seven of the Certificate of Formation provides the WSP has members. Section 2.1 of the Bylaws defines the members to include the President of WSP and four persons appointed by the Provincial of the Society of Jesus of the New Orleans Province, a religious order of the Catholic faith. Section 2.6 of the Bylaws provides that the members have the power to elect the board of directors (trustees) along with other powers. The organizing documents of the School provide for the same governance structure.

Form 990, Part VI, Section B, line 11B

The Form 990 is reviewed by the Finance Committee. A copy is provided to the Board prior to filing.

Form 990, Part VI, Section B, line 12C

The conflict of interest policy is reviewed annually by the board. If a conflict arises, the Board member in conflict abstains from deliberations and voting on the matter in conflict.

Form 990, Part VI, Section B, line 15A

The Budget Committee reviews salaries annually. The committee compares salaries with the Cristo Rey Network, the Jesuit Schools Network and the local school districts. The salary increases are documented as part of the budget process and the employees are notified by a written letter of their increase in compensation.

Form 990, Part VI, Section C, line 19

Upon request.

Filing and Contact Details

Filer

Filer Name
Cristo Rey Work Study Program Inc
EIN
26-3739361
Phone
2815011298
Address
6700 Mount Carmel Street, Houston, TX 77087

Signing Officer

Name
Paul Beck
Title
President, CRJ
Phone
2815011298
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Beck
Formed
2008
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
3
Employees
14
Volunteers
20

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

The Work Study Program and Jesuit Cristo Rey High School of Houston (dba Cristo Rey Jesuit College Preparatory School) operate together as a coordinated program which inspires and prepares students with limited economic resources to succeed in college and lead their communities as compassionate, committed, and competent men and women for others for the greater glory of God.

Form 990, Part III, Line 4A

The Work Study Program (WSP) provides students of the Jesuit Cristo Rey High School of Houston (dba Cristo Rey Jesuit College Preparatory School) valuable employment training and on-the-job experience in addition to enabling the students to defray part of the cost of their education. The WSP and the School operate together as a coordinated program, which combines personal responsibility, academic rigor, and a corporate work-study program to empower students of all faiths from economically challenged families to reach their full potential. All students of the School are required to participate in the work-study program. The WSP trains the students during a Summer Training Initiative where they teach the students hard and soft workplace skills. The WSP is in constant contact with sponsors to ensure the success of the students. The WSP also included a remote work-study program for corporate remote working environments and the School provided additional workplace skills for those not directly placed at on-site corporate work-study sites. During FYE 6/30/21, the WSP had approximately 93 paying sponsors.

Form 990, Part V, Line 2B:

The Cristo Rey Work Study Program processes payroll for the students participating in the work study program through a separate payroll entity.

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IRS990ScheduleI/RecipientTable/CashGrantAmt02000000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Tuition Assistance
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Jesuit Cristo Rey High School
IRS990ScheduleI/RecipientTable/RecipientEIN0263159838
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06700 Mount Carmel St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Houston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd077087
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants are made to Jesuit Cristo Rey High School of Houston (aka Cristo Rey Jesuit College Preparatory School of Houston), the supported organization of The Work Study Program. The close relationship between the two organizations serves to monitor the use of the funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Work Study Program and Jesuit Cristo Rey High School of Houston (dba Cristo Rey Jesuit College Preparatory School) operate together as a coordinated program which inspires and prepares students with limited economic resources to succeed in college and lead their communities as compassionate, committed, and competent men and women for others for the greater glory of God.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Work Study Program (WSP) provides students of the Jesuit Cristo Rey High School of Houston (dba Cristo Rey Jesuit College Preparatory School) valuable employment training and on-the-job experience in addition to enabling the students to defray part of the cost of their education. The WSP and the School operate together as a coordinated program, which combines personal responsibility, academic rigor, and a corporate work-study program to empower students of all faiths from economically challenged families to reach their full potential. All students of the School are required to participate in the work-study program. The WSP trains the students during a Summer Training Initiative where they teach the students hard and soft workplace skills. The WSP is in constant contact with sponsors to ensure the success of the students. The WSP also included a remote work-study program for corporate remote working environments and the School provided additional workplace skills for those not directly placed at on-site corporate work-study sites. During FYE 6/30/21, the WSP had approximately 93 paying sponsors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Cristo Rey Work Study Program processes payroll for the students participating in the work study program through a separate payroll entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Work Study Program (WSP) and the School (SO) have a majority of the same Members. Article Seven of the Certificate of Formation provides the WSP has members. Section 2.1 of the Bylaws defines the members to include the President of WSP and four persons appointed by the Provincial of the Society of Jesus of the New Orleans Province, a religious order of the Catholic faith. Section 2.6 of the Bylaws provides that the members have the power to elect the board of directors (trustees) along with other powers. The organizing documents of the School provide for the same governance structure.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 is reviewed by the Finance Committee. A copy is provided to the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The conflict of interest policy is reviewed annually by the board. If a conflict arises, the Board member in conflict abstains from deliberations and voting on the matter in conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Budget Committee reviews salaries annually. The committee compares salaries with the Cristo Rey Network, the Jesuit Schools Network and the local school districts. The salary increases are documented as part of the budget process and the employees are notified by a written letter of their increase in compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part V, Line 2b:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Jesuits USA Central & Southern Province
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Jesuit Cristo Rey High School of Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0263159838
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0High School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06700 Mount Carmel St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Houston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd077087
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PaidEmployeesSharingInd01
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IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0866961
IRS990/TotalAssetsEOYAmt0629774
IRS990/TotalAssetsGrp/BOYAmt0866961
IRS990/TotalAssetsGrp/EOYAmt0629774
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01963844
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07087
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02520894
IRS990/TotalFunctionalExpensesGrp/TotalAmt02527981
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0252127
IRS990/TotalLiabilitiesEOYAmt0308986
IRS990/TotalLiabilitiesGrp/BOYAmt0252127
IRS990/TotalLiabilitiesGrp/EOYAmt0308986
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0614834
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0320788
IRS990/TotalOtherCompensationAmt014464
IRS990/TotalProgramServiceExpensesAmt02520894
IRS990/TotalProgramServiceRevenueAmt0270091
IRS990/TotalReportableCompFromOrgAmt090142
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0270091
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02233935
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0866961
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0629774
IRS990/TotReportableCompRltdOrgAmt0134142
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06700 Mount Carmel Street
IRS990/USAddress/CityNm0Houston
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077087
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.cristoreyjesuit.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Beck
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President, CRJ
ReturnHeader/BusinessOfficerGrp/PhoneNum02815011298
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cristo Rey Work Study Program Inc
ReturnHeader/Filer/BusinessNameControlTxt0CRIS
ReturnHeader/Filer/EIN0263739361
ReturnHeader/Filer/PhoneNum02815011298
ReturnHeader/Filer/USAddress/AddressLine1Txt06700 Mount Carmel Street
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077087
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760269860
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Blazek & Vetterling
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02900 Weslayan Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Houston

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