Civic Intelligence

The Beta Foundation

990 • Fiscal year 2022 • EIN 45-3019142

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 17, 2023

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

81st percentile

0.63x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

1.48x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

62nd percentile

12%

Higher net margin than 62% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

27th percentile

$172,349

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

60th percentile

3.8%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

50th percentile

4.1%

Faster revenue growth than 50% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$36,457,126

Up $1,344,567 (+3.8%) from 2021

Net Assets

Up

$13,354,310

Up $1,877,449 (+16%) from 2021

Liabilities

Down

$23,102,816

Down $532,882 (-2.3%) from 2021

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin62nd percentile

Revenue

Up

$15,616,829

Up $608,374 (+4.1%) from 2021

Expenses

Up

$13,739,380

Up $1,337,844 (+11%) from 2021

Net Income

Down

$1,877,449

Down $729,470 (-28%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth60th 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

2022

Assets$36,457,126
Liabilities$23,102,816
Net Assets$13,354,310
Open 2022 Filing

Operations Trend

Revenue Growth50th 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

2022

Revenue$15,616,829
Expenses$13,739,380
Net Income$1,877,449
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 17, 2023
Return Version
2021v4.2
Gross Receipts
$15,616,829
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$26,115,143$25,339,700▼ $775,443
Savings and Temporary Cash Investments$5,511,024$8,501,820▲ $2,990,796
Investments in Publicly Traded Securities$2,110,035$1,050,554▼ $1,059,481
Prepaid Expenses and Deferred Charges$280,039$57,238▼ $222,801
Total Assets$35,112,559$36,457,126▲ $1,344,567
Other Assets Total$1,096,318$1,507,814▲ $411,496
Liabilities
Tax Exempt Bond Liabilities$21,991,839$22,031,229▲ $39,390
Accounts Payable and Accrued Expenses$542,194$663,198▲ $121,004
Other Liabilities$1,101,665$408,389▼ $693,276
Total Liabilities$23,635,698$23,102,816▼ $532,882
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,738,896$10,846,105▲ $1,107,209
Net Assets With Donor Restrictions$1,737,965$2,508,205▲ $770,240
Total Net Assets Fund Balance$11,476,861$13,354,310▲ $1,877,449
Total Liabilities and Net Assets / Fund Balance$35,112,559$36,457,126▲ $1,344,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,539,750$683,814$17,223,564
Leasehold Improvements$6,427,119$681,253$7,108,372
Land$1,868,744-$1,868,744
Equipment$504,087$1,194,134$1,698,221
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latisha AndrewsCEO/superintendentFT$168,849$3,500$172,349
Martha SmithChief Business Officer/operationsFT$132,081$3,500$135,581
Jennifer Raquell SartorChief Academic OfficerFT$128,080$165$128,245

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$2,148,263
Scholastic Solutions LLCBack-office ServicesPO BOX 598, Boerne, TX 78006$246,488
Revenue and Support

Revenue Composition

Contributions and Grants
$2,293,473
Program Service Revenue
$13,248,238
Investment Income
$21,414
Other Revenue
$53,704
All Other Contributions
$467,961
Change in Net Assets
$1,877,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,616,829
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,616,829
Total Revenue per Form 990
$15,616,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,999,073
Other Expenses$5,740,307
Total Fundraising Expense$464,754
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,025,399$593,724$186,570$6,805,693
Interest$892,979$238,127$59,532$1,190,638
Depreciation Depletion$1,045,503$89,873$22,468$1,157,844
Fees for Services Other$533,374$213,510$63,880$810,764
Other Employee Benefits$491,121$62,444$19,268$572,833
Occupancy$507,572$31,926$7,947$547,445
Current Officers, Directors, Trustees, and Key Employees$401,859$33,683$9,645$445,187
Insurance$153,910$34,826$8,325$197,061
Information Technology$87,820$30,265$4,247$122,332
Travel$96,270$19,740$72$116,082
Payroll Taxes$98,661$9,939$2,880$111,480
Other Expenses$78,685$24,445$1,147$104,277
All Other Expenses$65,973--$65,973
Pension Plan Contributions$57,493$4,691$1,696$63,880
Office Expenses$15,810$1,062-$16,872
Total Functional Expenses$11,785,405$1,489,221$464,754$13,739,380

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,739,380
Total Expenses per Audited Statements$13,739,380
Total Expenses per Form 990$13,739,380
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
Leslie CallendarENTITY MORE THAN 35% OWNED BY FAMILY MEMBER OF LATISHA ANDREWS, CEOCompensationNo$17,587
-Family Member of Current Board DirectorCompensationNo$11,074
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds Payable$285,000
Retainage Payable$123,389

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
Yes
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 andrews, ceo/superintendent, and martha smith, chief business officer/operations, 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
2023-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latisha D Andrews
Formed
2011
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
177
Volunteers
10

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, 2022 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 614 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.

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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.
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IRS990/InformationTechnologyGrp/TotalAmt0122332
IRS990/InsuranceGrp/FundraisingAmt08325
IRS990/InsuranceGrp/ManagementAndGeneralAmt034826
IRS990/InsuranceGrp/ProgramServicesAmt0153910
IRS990/InsuranceGrp/TotalAmt0197061
IRS990/InterestGrp/FundraisingAmt059532
IRS990/InterestGrp/ManagementAndGeneralAmt0238127
IRS990/InterestGrp/ProgramServicesAmt0892979
IRS990/InterestGrp/TotalAmt01190638
IRS990/InvestmentIncomeGrp/ExclusionAmt021414
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021414
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02110035
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01050554
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02559201
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026115143
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025339700
IRS990/LandBldgEquipCostOrOtherBssAmt027898901
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/NetAssetsOrFundBalancesBOYAmt011476861
IRS990/NetAssetsOrFundBalancesEOYAmt013354310
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt044056
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt044056
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09738896
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010846105
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07947
IRS990/OccupancyGrp/ManagementAndGeneralAmt031926
IRS990/OccupancyGrp/ProgramServicesAmt0507572
IRS990/OccupancyGrp/TotalAmt0547445
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01062
IRS990/OfficeExpensesGrp/ProgramServicesAmt015810
IRS990/OfficeExpensesGrp/TotalAmt016872
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01096318
IRS990/OtherAssetsTotalGrp/EOYAmt01507814
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt019268
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt062444
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0491121
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0572833
IRS990/OtherExpensesGrp/Desc0SUPPLIES, FURNITURE & E
IRS990/OtherExpensesGrp/Desc1MAINTENANCE AND REPAIR
IRS990/OtherExpensesGrp/Desc2FOOD EXPENSE
IRS990/OtherExpensesGrp/Desc3MISC. OPERATING COSTS
IRS990/OtherExpensesGrp/FundraisingAmt059084
IRS990/OtherExpensesGrp/FundraisingAmt117993
IRS990/OtherExpensesGrp/FundraisingAmt21147
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028462
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt172504
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224445
IRS990/OtherExpensesGrp/ProgramServicesAmt0597040
IRS990/OtherExpensesGrp/ProgramServicesAmt1282319
IRS990/OtherExpensesGrp/ProgramServicesAmt2353617
IRS990/OtherExpensesGrp/ProgramServicesAmt378685
IRS990/OtherExpensesGrp/TotalAmt0684586
IRS990/OtherExpensesGrp/TotalAmt1372816
IRS990/OtherExpensesGrp/TotalAmt2353617
IRS990/OtherExpensesGrp/TotalAmt3104277
IRS990/OtherLiabilitiesGrp/BOYAmt01101665
IRS990/OtherLiabilitiesGrp/EOYAmt0408389
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE RECOVERY
IRS990/OtherRevenueMiscGrp/ExclusionAmt09648
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09648
IRS990/OtherRevenueTotalAmt09648
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0186570
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0593724
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06025399
IRS990/OtherSalariesAndWagesGrp/TotalAmt06805693
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02880
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09939
IRS990/PayrollTaxesGrp/ProgramServicesAmt098661
IRS990/PayrollTaxesGrp/TotalAmt0111480
IRS990/PensionPlanContributionsGrp/FundraisingAmt01696
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04691
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt057493
IRS990/PensionPlanContributionsGrp/TotalAmt063880
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0280039
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057238
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/Desc2ENTERPRISING SVC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013049578
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1108429
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt280795
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013049578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1108429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt280795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39436
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03130438
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt028970
IRS990/PYOtherExpensesAmt04964134
IRS990/PYOtherRevenueAmt020315
IRS990/PYProgramServiceRevenueAmt011828732
IRS990/PYRevenuesLessExpensesAmt02606919
IRS990/PYSalariesCompEmpBnftPaidAmt07437402
IRS990/PYTotalExpensesAmt012401536
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015008455
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01877449
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt044056
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013248238
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05511024
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08501820
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/BookValueAmt016539750
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0683814
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017223564
IRS990ScheduleD/EquipmentGrp/BookValueAmt0504087
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01194134
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01698221
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013739380
IRS990ScheduleD/LandGrp/BookValueAmt01868744
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01868744
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06427119
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0681253
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07108372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0285000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1123389
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RETAINAGE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015616829
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025339700
IRS990ScheduleD/TotalExpensesPerForm990Amt013739380
IRS990ScheduleD/TotalLiabilityAmt0408389
IRS990ScheduleD/TotalRevenuePerForm990Amt015616829
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015616829
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013739380
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,457,126
Liabilities
$23,102,816
Net assets
$13,354,310
Revenue
$15,616,829
Expenses
$13,739,380
Net income
$1,877,449
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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