Civic Intelligence

The Beta Foundation

990 • Fiscal year 2020 • EIN 45-3019142

Sep 01, 2019 to Aug 31, 2020 • Filed on Mar 18, 2021

Organization ProfileWWW.BETAACADEMY.ORG
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

83rd percentile

0.74x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

1.78x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

17th percentile

$124,580

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

99th percentile

213%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

70%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$33,565,118

Up $22,844,221 (+213%) from 2019

Net Assets

Up

$8,869,942

Up $4,446,587 (+101%) from 2019

Liabilities

Up

$24,695,176

Up $18,397,634 (+292%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin85th percentile

Revenue

Up

$13,881,319

Up $5,712,648 (+70%) from 2019

Expenses

Up

$9,434,734

Up $3,697,975 (+64%) from 2019

Net Income

Up

$4,446,585

Up $2,014,673 (+83%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

2020

Assets$33,565,118
Liabilities$24,695,176
Net Assets$8,869,942
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

2020

Revenue$13,881,319
Expenses$9,434,734
Net Income$4,446,585
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Mar 18, 2021
Return Version
2019v5.2
Gross Receipts
$13,881,319
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
Land, Buildings, and Equipment, Net$5,062,885$19,577,011▲ $14,514,126
Investments in Publicly Traded Securities$1,937,646$6,907,094▲ $4,969,448
Savings and Temporary Cash Investments$3,057,642$4,560,290▲ $1,502,648
Cash and Non-Interest-Bearing Accounts$0$794,133▲ $794,133
Prepaid Expenses and Deferred Charges$224,934$217,280▼ $7,654
Total Assets$10,720,897$33,565,118▲ $22,844,221
Other Assets Total$437,790$1,509,310▲ $1,071,520
Liabilities
Tax Exempt Bond Liabilities$5,437,136$21,952,449▲ $16,515,313
Other Liabilities$405,000$2,256,299▲ $1,851,299
Accounts Payable and Accrued Expenses$455,406$486,428▲ $31,022
Total Liabilities$6,297,542$24,695,176▲ $18,397,634
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,095,969$7,090,093▲ $2,994,124
Net Assets Without Donor Restrictions$327,386$1,779,849▲ $1,452,463
Total Net Assets Fund Balance$4,423,355$8,869,942▲ $4,446,587
Total Liabilities and Net Assets / Fund Balance$10,720,897$33,565,118▲ $22,844,221

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,771,096-$10,771,096
Leasehold Improvements$4,588,871$134,533$4,723,404
Land$1,868,744-$1,868,744
Buildings$1,565,777$55,648$1,621,425
Equipment$782,523$666,748$1,449,271
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latisha D AndrewsCEO/superintendentFT$113,343$11,237$124,580
Martha L SmithChief Business/operations OfficerFT$95,426$4,622$100,048

Board Members and Trustees

NameTitle
Daniel NeelyPresident
Tim KingVice President & Treasurer
Erika JonesDirector
Jan SaundersDirector
Teresa SonesDirector
Anita ArcherSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Anslow Bryant Construction LtdConstruction Services - New School945 BUNKER HILL SUITE 900, Houston, TX 77024$4,008,859
Scholastic Solutions LLCBack-office ServicesPO BOX 598, Boerne, TX 78006$258,210
Quasar Data Center LtdIt Support Services1001 TEXAS STREET 310, Houston, TX 77002$131,016
Revenue and Support

Revenue Composition

Contributions and Grants
$4,888,047
Program Service Revenue
$8,174,965
Investment Income
$813,419
Other Revenue
$4,888
All Other Contributions
$3,704,078
Change in Net Assets
$4,446,585

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,881,319
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2
Total Revenue per Audited Statements
$13,881,321
Total Revenue per Form 990
$13,881,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,534,353
Other Expenses$3,900,381
Total Fundraising Expense$199,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,113,522$494,835$141,804$4,750,161
Interest$918,766$229,692-$1,148,458
Occupancy$465,472$116,368-$581,840
Fees for Services Other$207,781$329,883-$537,664
Other Employee Benefits$320,398$87,895$1,819$410,112
Depreciation Depletion$295,632$73,908-$369,540
Current Officers, Directors, Trustees, and Key Employees$224,903$27,848$7,604$260,355
Other Expenses$142,165$13,943$2$156,110
Travel$31,512$67,606-$99,118
Payroll Taxes$57,744$8,143$8,805$74,692
Insurance$34,966$8,742-$43,708
Information Technology$34,118$8,530-$42,648
Pension Plan Contributions$30,495$8,365$173$39,033
All Other Expenses$17,284--$17,284
Office Expenses$10,695$2,565-$13,260
Total Functional Expenses$7,647,302$1,587,712$199,720$9,434,734

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,434,734
Total Expenses per Audited Statements$9,434,734
Total Expenses per Form 990$9,434,734
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jennifer Raquel SartorFamily Member of Current OfficerEmployee WagesNo$100,620
-Family Member of Current Board MemberEmployee WagesNo$65,000
-ENTITY MORE THAN 35% OWNED BY FAMILY MEMBER OF LATISHA ANDREWS, CEOCompensationNo$23,547
Flor SaundersENTITY MORE THAN 35% OWNED BY FAMILY MEMBER OF MARTHA SMITH, OP OFFICERCompensationNo$22,008
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds Payable$800,000
Ppp Loan Payable$761,300
Retainage Payable$694,999

Bond Issues

BondIssuerIssuedIssue PricePurpose
BNew Hope Cultural Education Facilities Finance Corporation2019-09-04$17,205,000EXPANSION OF MAIN CAMPUS
ANew Hope Cultural Education Facilities Finance Corporation2018-12-18$5,890,000EXPANSION OF MAIN CAMPUS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$17,901,301$215,063-$124,037
A$5,922,427$73,625-$39,175

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 35% controlled entity
Yes
Business relationship with family members
Yes
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 A, Line 2

“Latisha, ceo/superintendent and martha, chief business officer have a family relation.”

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 D Andrews
Title
Superintendent/CEO
Phone
8323312460
Signed
2021-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latisha D Andrews
Formed
2011
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
5
Employees
154
Volunteers
20

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, 2020 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.”

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

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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08530
IRS990/InformationTechnologyGrp/ProgramServicesAmt034118
IRS990/InformationTechnologyGrp/TotalAmt042648
IRS990/InsuranceGrp/ManagementAndGeneralAmt08742
IRS990/InsuranceGrp/ProgramServicesAmt034966
IRS990/InsuranceGrp/TotalAmt043708
IRS990/InterestGrp/ManagementAndGeneralAmt0229692
IRS990/InterestGrp/ProgramServicesAmt0918766
IRS990/InterestGrp/TotalAmt01148458
IRS990/InvestmentIncomeGrp/ExclusionAmt0117118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0117118
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01937646
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06907094
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0856929
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05062885
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019577011
IRS990/LandBldgEquipCostOrOtherBssAmt020433940
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/NetAssetsOrFundBalancesBOYAmt04423355
IRS990/NetAssetsOrFundBalancesEOYAmt08869942
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04888
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04888
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0327386
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01779849
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0116368
IRS990/OccupancyGrp/ProgramServicesAmt0465472
IRS990/OccupancyGrp/TotalAmt0581840
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02565
IRS990/OfficeExpensesGrp/ProgramServicesAmt010695
IRS990/OfficeExpensesGrp/TotalAmt013260
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0437790
IRS990/OtherAssetsTotalGrp/EOYAmt01509310
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01819
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt087895
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0320398
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0410112
IRS990/OtherExpensesGrp/Desc0SUPPLIES, FURNITURE & E
IRS990/OtherExpensesGrp/Desc1MAINTENANCE AND REPAIR
IRS990/OtherExpensesGrp/Desc2FOOD EXPENSE
IRS990/OtherExpensesGrp/Desc3MISC. OPERATING COSTS
IRS990/OtherExpensesGrp/FundraisingAmt039513
IRS990/OtherExpensesGrp/FundraisingAmt12
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt048021
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt142852
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt218516
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313943
IRS990/OtherExpensesGrp/ProgramServicesAmt0403801
IRS990/OtherExpensesGrp/ProgramServicesAmt1171407
IRS990/OtherExpensesGrp/ProgramServicesAmt2166641
IRS990/OtherExpensesGrp/ProgramServicesAmt3142165
IRS990/OtherExpensesGrp/TotalAmt0491335
IRS990/OtherExpensesGrp/TotalAmt1214259
IRS990/OtherExpensesGrp/TotalAmt2185157
IRS990/OtherExpensesGrp/TotalAmt3156110
IRS990/OtherLiabilitiesGrp/BOYAmt0405000
IRS990/OtherLiabilitiesGrp/EOYAmt02256299
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0141804
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0494835
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04113522
IRS990/OtherSalariesAndWagesGrp/TotalAmt04750161
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08805
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08143
IRS990/PayrollTaxesGrp/ProgramServicesAmt057744
IRS990/PayrollTaxesGrp/TotalAmt074692
IRS990/PensionPlanContributionsGrp/FundraisingAmt0173
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08365
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030495
IRS990/PensionPlanContributionsGrp/TotalAmt039033
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0224934
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0217280
IRS990/PrincipalOfficerNm0LATISHA D ANDREWS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE EQUALIZATION
IRS990/ProgramServiceRevenueGrp/Desc1CO-CURRICULAR OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3ENTERPRISING SVC REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07966003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1149178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt255025
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34759
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07966003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1149178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt255025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34759
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01797280
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt075772
IRS990/PYOtherExpensesAmt02405244
IRS990/PYOtherRevenueAmt05598
IRS990/PYProgramServiceRevenueAmt06290021
IRS990/PYRevenuesLessExpensesAmt02431912
IRS990/PYSalariesCompEmpBnftPaidAmt03331515
IRS990/PYTotalExpensesAmt05736759
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08168671
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04446585
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04888
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08174965
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03057642
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04560290
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/BuildingsGrp/BookValueAmt01565777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt055648
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01621425
IRS990ScheduleD/EquipmentGrp/BookValueAmt0782523
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0666748
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01449271
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09434734
IRS990ScheduleD/LandGrp/BookValueAmt01868744
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01868744
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04588871
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0134533
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04723404
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010771096
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010771096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0800000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1694999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2761300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RETAINAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PPP LOAN PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt02
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013881319
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019577011
IRS990ScheduleD/TotalExpensesPerForm990Amt09434734
IRS990ScheduleD/TotalLiabilityAmt02256299
IRS990ScheduleD/TotalRevenuePerForm990Amt013881319
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013881321
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09434734
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
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,565,118
Liabilities
$24,695,176
Net assets
$8,869,942
Revenue
$13,881,319
Expenses
$9,434,734
Net income
$4,446,585
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.7$38.5$20.2$23.2$20.6$2.61
2023Detailed filing. Detailed filing data is available for this year.$41.4$23.8$17.6$19.9$15.7$4.27
2022Detailed filing. Detailed filing data is available for this year.$36.5$23.1$13.4$15.6$13.7$1.88
2021Detailed filing. Detailed filing data is available for this year.$35.1$23.6$11.5$15.0$12.4$2.61
2020Detailed filing. Detailed filing data is available for this year.$33.6$24.7$8.87$13.9$9.43$4.45
2019Detailed filing. Detailed filing data is available for this year.$10.7$6.30$4.42$8.17$5.74$2.43
2018Detailed filing. Detailed filing data is available for this year.$2.57$0.46$2.11$5.50$5.00$0.51
2017Detailed filing. Detailed filing data is available for this year.$1.94$0.34$1.60$4.72$4.26$0.46
2016Detailed filing. Detailed filing data is available for this year.$1.34$0.20$1.14$4.33$3.42$0.91
2015Summary only. Only limited summary data is available for this year.$0.68$0.43$0.25$0.80$0.56$0.24
Peer Organizations

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