Civic Intelligence

The Beta Foundation

990 • Fiscal year 2017 • EIN 45-3019142

Sep 01, 2016 to Aug 31, 2017 • Filed on Jun 18, 2018

9701 Almeda Genoa RdHouston, TX 77075

(832) 331-2460

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

44th percentile

0.07x

Higher debt load relative to revenue than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

66th percentile

9.7%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$101,921

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

90th percentile

44%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

9.1%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,939,443

Up $596,837 (+44%) from 2016

Net Assets

Up

$1,602,830

Up $460,264 (+40%) from 2016

Liabilities

Up

$336,613

Up $136,573 (+68%) from 2016

Revenue

Up

$4,721,235

Up $395,229 (+9.1%) from 2016

Expenses

Up

$4,260,971

Up $841,050 (+25%) from 2016

Net Income

Down

$460,264

Down $445,821 (-49%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2015: $681,390Liabilities 2015: $433,181Net Assets 2015: $248,2092015Assets 2016: $1,342,606Liabilities 2016: $200,040Net Assets 2016: $1,142,5662016Assets 2017: $1,939,443Liabilities 2017: $336,613Net Assets 2017: $1,602,8302017Assets 2018: $2,566,302Liabilities 2018: $455,442Net Assets 2018: $2,110,8602018Assets 2019: $10,720,897Liabilities 2019: $6,297,542Net Assets 2019: $4,423,3552019Assets 2020: $33,565,118Liabilities 2020: $24,695,176Net Assets 2020: $8,869,9422020Assets 2021: $35,112,559Liabilities 2021: $23,635,698Net Assets 2021: $11,476,8612021Assets 2022: $36,457,126Liabilities 2022: $23,102,816Net Assets 2022: $13,354,3102022Assets 2023: $41,391,412Liabilities 2023: $23,762,280Net Assets 2023: $17,629,1322023Assets 2024: $58,696,344Liabilities 2024: $38,458,473Net Assets 2024: $20,237,8712024

Highlighted filing

2017

Assets$1,939,443
Liabilities$336,613
Net Assets$1,602,830

Operations Trend

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

$30M$20M$10M$0Revenue 2015: $799,000Expenses 2015: $555,000Net Income 2015: $244,0002015Revenue 2016: $4,326,006Expenses 2016: $3,419,921Net Income 2016: $906,0852016Revenue 2017: $4,721,235Expenses 2017: $4,260,971Net Income 2017: $460,2642017Revenue 2018: $5,504,257Expenses 2018: $4,996,227Net Income 2018: $508,0302018Revenue 2019: $8,168,671Expenses 2019: $5,736,759Net Income 2019: $2,431,9122019Revenue 2020: $13,881,319Expenses 2020: $9,434,734Net Income 2020: $4,446,5852020Revenue 2021: $15,008,455Expenses 2021: $12,401,536Net Income 2021: $2,606,9192021Revenue 2022: $15,616,829Expenses 2022: $13,739,380Net Income 2022: $1,877,4492022Revenue 2023: $19,945,262Expenses 2023: $15,670,440Net Income 2023: $4,274,8222023Revenue 2024: $23,175,831Expenses 2024: $20,567,092Net Income 2024: $2,608,7392024

Highlighted filing

2017

Revenue$4,721,235
Expenses$4,260,971
Net Income$460,264
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jun 18, 2018
Return Version
2016v3.0
Gross Receipts
$4,721,235
Mission and Program Overview

Mission

The fundamental mission and purpose of beta foundation is to create a school with an environment of hope that not only nurtures, but challenges students to become successful academically and in life. We exist to help families find the best educational fit for their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$1,106,974▲ $1,106,974
Land, Buildings, and Equipment, Net$435,453$432,978▼ $2,475
Cash and Non-Interest-Bearing Accounts$677,169$185,840▼ $491,329
Prepaid Expenses and Deferred Charges$6,574$97,479▲ $90,905
Total Assets$1,342,606$1,939,443▲ $596,837
Other Assets Total$223,410$116,172▼ $107,238
Liabilities
Accounts Payable and Accrued Expenses$200,040$336,263▲ $136,223
Deferred Revenue$0$350▲ $350
Total Liabilities$200,040$336,613▲ $136,573
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,099,893$1,512,131▲ $412,238
Unrestricted Net Assets$42,673$90,699▲ $48,026
Total Net Assets Fund Balance$1,142,566$1,602,830▲ $460,264
Total Liabilities and Net Assets / Fund Balance$1,342,606$1,939,443▲ $596,837

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$398,167$218,870$617,037
Leasehold Improvements$34,811$6,143$40,954
Other Assets Org$116,172--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latisha D AndrewsCEO/superintendentFT$99,745$2,176$101,921
Martha SmithChief Business OfficerFT$56,600$329$56,929

Board Members and Trustees

NameTitle
Teresa SonesPresident
Tim KingVice President & Treasurer
Jan SaundersDirector
Anita ArcherSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter School SuccessAccounting Services7 PARK LANE, Galveston, TX 77551$119,070
Revenue and Support

Revenue Composition

Contributions and Grants
$502,014
Program Service Revenue
$4,214,413
Investment Income
$241
Other Revenue
$4,567
All Other Contributions
$52,357
Change in Net Assets
$460,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,721,235
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,721,235
Total Revenue per Form 990
$4,721,235
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,562,769
Other Expenses$1,698,202
Total Fundraising Expense$22,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,125,990$160,021-$2,286,011
Occupancy$437,133--$437,133
Fees for Services Other$194,926$167,956-$362,882
Travel$185,335$9,501-$194,836
Office Expenses$190,912--$190,912
Other Employee Benefits$130,398$9,815-$140,213
Current Officers, Directors, Trustees, and Key Employees$95,531$7,190-$102,721
Other Expenses$65,600$19,271$33$65,600
Insurance$7,569$28,621-$36,190
Payroll Taxes$30,225$3,599-$33,824
Information Technology$1,200--$1,200
Total Functional Expenses$3,829,799$408,688$22,484$4,260,971

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,260,971
Total Expenses per Audited Statements$4,260,971
Total Expenses per Form 990$4,260,971
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, line 11B

The federal form 990 is presented to the governing board for review. After approved, the form is submitted to the internal revenue service.

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

All invoices and/or contracts are reviewed for any conflicts of interest prior to signature/payment. Conflict of interest reports are kept in vendor file and reported to the governing board.

Form 990, Part VI, Section B, line 15

The process for determining compensation of the organization's officers and/or key employees include a review and approval by the board, comparability data from the legal team and contemporaneous substantiation of all relevant details of the deliberation and decision.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Beta Foundation
EIN
45-3019142
Phone
8323312460
Address
9701 ALMEDA GENOA RD, HOUSTON, TX 77075

Signing Officer

Name
Latisha Andrews
Title
SUPERINTENDENT\CEO
Phone
8323312460
Signed
2018-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latisha Andrews
Formed
2011
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
105
Volunteers
3

Preparer

Firm
Randy Walker & Co
Address
7800 IH 10 West Ste 505, San Antonio, TX 78230
Preparer
Randy L Walker CPA
Phone
2103669430
Supplemental Narrative

Additional Explanations

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

The beta foundation 9701 almeda genoa rd houston, tx 77075 employer identification number: 45-3019142 for the year ending august 31, 2017 the beta foundation is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

Form 990, Part XII, Line 2C

The organization's process for assuming responsibility for oversight of the audit, review, or compilation of its financial statements and the selection of an independent auditor have not changed from the prior year.

Raw XML AppendixShowing 400 of 427 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0200040
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0336263
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The fundamental mission and purpose of Beta FOUNDATION is to create a school with an environment of hope that not only nurtures, but challenges students to become successful academically and in life. We exist to help families find the best educational fit for their children.
IRS990/AllOtherContributionsAmt052357
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Martha Smith
IRS990/BooksInCareOfDetail/PhoneNum08323312460
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09701 Almeda Genoa Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Houston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077075
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0677169
IRS990/CashNonInterestBearingGrp/EOYAmt0185840
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07190
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt095531
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0102721
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0119070
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07 PARK LANE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GALVESTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd077551
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOL SUCCESS
IRS990/ContractorCompensationGrp/ServicesDesc0ACCOUNTING SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0502014
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0241
IRS990/CYOtherExpensesAmt01698202
IRS990/CYOtherRevenueAmt04567
IRS990/CYProgramServiceRevenueAmt04214413
IRS990/CYRevenuesLessExpensesAmt0460264
IRS990/CYSalariesCompEmpBnftPaidAmt02562769
IRS990/CYTotalExpensesAmt04260971
IRS990/CYTotalFundraisingExpenseAmt022484
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04721235
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt0350
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0BETA FOUNDATION IS ORGANIZED TO EDUCATE, TRAIN, AND PREPARE INDIVIDUALS TO FUNCTION WELL IN SOCIETY AND TO PROVIDE EDUCATION OPPORTUNITIES AND EXPERIENCES. BETA FOUNDATION WAS AWARDED ITS K-12 CHARTER IN 2014 AND OPENED IN AUGUST 2015 WITH 480 STUDENTS IN GRADES K - 6. BETA FOUNDATION PLANS TO ADD A GRADE EACH YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0105
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03829799
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0167956
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0194926
IRS990/FeesForServicesOtherGrp/TotalAmt0362882
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4329
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt52176
IRS990/Form990PartVIISectionAGrp/PersonNm0TERESA SONES
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM KING
IRS990/Form990PartVIISectionAGrp/PersonNm2ANITA ARCHER
IRS990/Form990PartVIISectionAGrp/PersonNm3JAN SAUNDERS
IRS990/Form990PartVIISectionAGrp/PersonNm4MARTHA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5LATISHA D ANDREWS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt456600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt599745
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF BUSINESS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO/SUPERINTENDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0449657
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04721235
IRS990/GrossRentsGrp/RealAmt04567
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01200
IRS990/InformationTechnologyGrp/TotalAmt01200
IRS990/InsuranceGrp/ManagementAndGeneralAmt028621
IRS990/InsuranceGrp/ProgramServicesAmt07569
IRS990/InsuranceGrp/TotalAmt036190
IRS990/InvestmentIncomeGrp/ExclusionAmt0241
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0241
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0225013
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0435453
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0432978
IRS990/LandBldgEquipCostOrOtherBssAmt0657991
IRS990/LegalDomicileStateCd0TX
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The fundamental mission and purpose of Beta FOUNDATION is to create a school with an environment of hope that not only nurtures, but challenges students to become successful academically and in life. We exist to help families find the best educational fit for their children.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01142566
IRS990/NetAssetsOrFundBalancesEOYAmt01602830
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04567
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04567
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt021145
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0437133
IRS990/OccupancyGrp/TotalAmt0437133
IRS990/OfficeExpensesGrp/ProgramServicesAmt0190912
IRS990/OfficeExpensesGrp/TotalAmt0190912
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0223410
IRS990/OtherAssetsTotalGrp/EOYAmt0116172
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09815
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0130398
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0140213
IRS990/OtherExpensesGrp/Desc0GENERAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD EXPENSE
IRS990/OtherExpensesGrp/Desc2MISC. OPERATING COSTS
IRS990/OtherExpensesGrp/Desc3EDUCAT. SERV & SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt022451
IRS990/OtherExpensesGrp/FundraisingAmt133
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02714
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119271
IRS990/OtherExpensesGrp/ProgramServicesAmt0182014
IRS990/OtherExpensesGrp/ProgramServicesAmt1134705
IRS990/OtherExpensesGrp/ProgramServicesAmt248261
IRS990/OtherExpensesGrp/ProgramServicesAmt365600
IRS990/OtherExpensesGrp/TotalAmt0207179
IRS990/OtherExpensesGrp/TotalAmt1134705
IRS990/OtherExpensesGrp/TotalAmt267565
IRS990/OtherExpensesGrp/TotalAmt365600
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0160021
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02125990
IRS990/OtherSalariesAndWagesGrp/TotalAmt02286011
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03599
IRS990/PayrollTaxesGrp/ProgramServicesAmt030225
IRS990/PayrollTaxesGrp/TotalAmt033824
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06574
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt097479
IRS990/PrincipalOfficerNm0LATISHA ANDREWS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE EQUALIZATION
IRS990/ProgramServiceRevenueGrp/Desc1CO-CURRICULAR OTHER RE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3ENTERPRISING SVC REVEN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04135818
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt138566
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt228668
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt311361
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04135818
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138566
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt228668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311361
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0307641
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01420546
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04018365
IRS990/PYRevenuesLessExpensesAmt0906085
IRS990/PYSalariesCompEmpBnftPaidAmt01999375
IRS990/PYTotalExpensesAmt03419921
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04326006
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0460264
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04567
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04214413
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01106974
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0398167
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0218870
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0617037
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04260971
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt034811
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06143
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt040954
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0116172
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM TEXAS EDUCATION AGENCY [TEA]
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04721235
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0432978
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0116172
IRS990ScheduleD/TotalExpensesPerForm990Amt04260971
IRS990ScheduleD/TotalRevenuePerForm990Amt04721235
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04721235
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04260971
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAKES ITS RACIALLY NONDISCRIMINATORY POLICY KNOWN TO ALL STUDENTS THROUGH ITS REGISTRATION PROCEDURES, PARENT SCHOLAR HANDBOOK AND THROUGH ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE MAJORITY OF THE MONIES RECEIVED BY THE SCHOOL ARE EITHER STATE GRANT OR FEDERAL PROGRAM FUNDS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BETA FOUNDATION 9701 ALMEDA GENOA RD HOUSTON, TX 77075 EMPLOYER IDENTIFICATION NUMBER: 45-3019142 FOR THE YEAR ENDING AUGUST 31, 2017 THE BETA FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FEDERAL FORM 990 IS PRESENTED TO THE GOVERNING BOARD FOR REVIEW. AFTER APPROVED, THE FORM IS SUBMITTED TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INVOICES AND/OR CONTRACTS ARE REVIEWED FOR ANY CONFLICTS OF INTEREST PRIOR TO SIGNATURE/PAYMENT. CONFLICT OF INTEREST REPORTS ARE KEPT IN VENDOR FILE AND REPORTED TO THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS AND/OR KEY EMPLOYEES INCLUDE A REVIEW AND APPROVAL BY THE BOARD, COMPARABILITY DATA FROM THE LEGAL TEAM AND CONTEMPORANEOUS SUBSTANTIATION OF ALL RELEVANT DETAILS OF THE DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01099893
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01512131
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01342606
IRS990/TotalAssetsEOYAmt01939443
IRS990/TotalAssetsGrp/BOYAmt01342606
IRS990/TotalAssetsGrp/EOYAmt01939443
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0502014
IRS990/TotalEmployeeCnt0105
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022484
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0408688
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03829799
IRS990/TotalFunctionalExpensesGrp/TotalAmt04260971
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0200040
IRS990/TotalLiabilitiesEOYAmt0336613
IRS990/TotalLiabilitiesGrp/BOYAmt0200040
IRS990/TotalLiabilitiesGrp/EOYAmt0336613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01142566
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01602830
IRS990/TotalOtherCompensationAmt02505
IRS990/TotalProgramServiceExpensesAmt03829799
IRS990/TotalProgramServiceRevenueAmt04214413
IRS990/TotalReportableCompFromOrgAmt0156345
IRS990/TotalRevenueGrp/ExclusionAmt04808
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04214413
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04721235
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01342606
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01939443
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09501
IRS990/TravelGrp/ProgramServicesAmt0185335
IRS990/TravelGrp/TotalAmt0194836
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt042673
IRS990/UnrestrictedNetAssetsGrp/EOYAmt090699
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09701 ALMEDA GENOA RD
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077075
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.BETAACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LATISHA ANDREWS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SUPERINTENDENT\CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08323312460
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BETA FOUNDATION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings