Civic Intelligence

The Beta Foundation

990 • Fiscal year 2023 • EIN 45-3019142

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 14, 2024

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

78th percentile

0.57x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

1.19x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

32nd percentile

$192,313

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

69th percentile

14%

Faster asset growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$41,391,412

Up $4,934,286 (+14%) from 2022

Net Assets

Up

$17,629,132

Up $4,274,822 (+32%) from 2022

Liabilities

Up

$23,762,280

Up $659,464 (+2.9%) from 2022

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin78th percentile

Revenue

Up

$19,945,262

Up $4,328,433 (+28%) from 2022

Expenses

Up

$15,670,440

Up $1,931,060 (+14%) from 2022

Net Income

Up

$4,274,822

Up $2,397,373 (+128%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2023

Assets$41,391,412
Liabilities$23,762,280
Net Assets$17,629,132
Open 2023 Filing

Operations Trend

Revenue Growth80th 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

2023

Revenue$19,945,262
Expenses$15,670,440
Net Income$4,274,822
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 14, 2024
Return Version
2022v5.0
Gross Receipts
$19,945,262
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$25,339,700$27,404,105▲ $2,064,405
Savings and Temporary Cash Investments$8,501,820$10,737,597▲ $2,235,777
Pledges and Grants Receivable$1,507,814$1,391,016▼ $116,798
Investments in Publicly Traded Securities$1,050,554$757,854▼ $292,700
Prepaid Expenses and Deferred Charges$57,238$41,411▼ $15,827
Total Assets$36,457,126$41,391,412▲ $4,934,286
Other Assets Total$0$1,059,429▲ $1,059,429
Liabilities
Tax Exempt Bond Liabilities$22,031,229$21,800,619▼ $230,610
Other Liabilities$408,389$1,292,818▲ $884,429
Accounts Payable and Accrued Expenses$663,198$668,843▲ $5,645
Total Liabilities$23,102,816$23,762,280▲ $659,464
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,846,105$14,590,299▲ $3,744,194
Net Assets With Donor Restrictions$2,508,205$3,038,833▲ $530,628
Total Net Assets Fund Balance$13,354,310$17,629,132▲ $4,274,822
Total Liabilities and Net Assets / Fund Balance$36,457,126$41,391,412▲ $4,934,286

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,211,630$2,233,375$24,445,005
Land$4,904,639-$4,904,639
Equipment$287,836$1,410,385$1,698,221
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latisha AndrewsCEO/superintendentFT$161,813$30,500$192,313
Martha SmithChief Business Officer/operationsFT$129,407$23,500$152,907
Jennifer Raquell SartorChief Academic OfficerFT$131,629$20,165$151,794
Steven CorralesChief of OperationsFT$54,613$1,329$55,942

Board Members and Trustees

NameTitle
Daniel NeelyPresident
Tim KingVice President & Treasurer
Dr Leigh KentDirector
Erika JonesDirector
Jan SaundersDirector
Anita ArcherSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Knight SecuritySecurity Gaurd Services411 N SAM HOUSTON PKWY E SUITE 37, Houston, TX 77060$139,034
Revenue and Support

Revenue Composition

Contributions and Grants
$5,715,353
Program Service Revenue
$14,011,271
Investment Income
$117,838
Other Revenue
$100,800
All Other Contributions
$2,318,325
Change in Net Assets
$4,274,822

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,945,262
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$19,945,262
Total Revenue per Form 990
$19,945,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,990,260
Other Expenses$6,680,180
Total Fundraising Expense$376,327
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,029,335$440,966$102,315$7,572,616
Interest$954,900$254,640$63,660$1,273,200
Depreciation Depletion$1,055,853$54,475$13,620$1,123,948
Fees for Services Other$718,149$309,065$57,801$1,085,015
Occupancy$602,687$70,251$12,123$685,061
Other Employee Benefits$625,185$39,383$10,427$674,995
Current Officers, Directors, Trustees, and Key Employees$510,966$32,056$7,450$550,472
Information Technology$195,156$47,160$8,474$250,790
Insurance$156,572$42,446$10,612$209,630
Other Expenses$151,297$30,290$316$181,903
Travel$120,787$19,617$189$140,593
Payroll Taxes$97,740$6,671$1,391$105,802
Pension Plan Contributions$80,001$5,040$1,334$86,375
All Other Expenses$73,344--$73,344
Office Expenses$17,281$885-$18,166
Total Functional Expenses$13,832,488$1,461,625$376,327$15,670,440

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,670,440
Total Expenses per Audited Statements$15,670,440
Total Expenses per Form 990$15,670,440
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
-ENTITY MORE THAN 35% OWNED BY FAMILY MEMBER OF LATISHA ANDREWS, CEOCompensationNo$17,587
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Payables$1,059,429
Retainage Payable$123,389
Bonds Payable$110,000

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-$707,500
A$5,922,427$73,625-$446,663

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
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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, martha smith, chief business officer/operations, and jennifer r sartor, chief academic 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
2024-07-14
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, 2023 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/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
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IRS990/InformationTechnologyGrp/TotalAmt0250790
IRS990/InsuranceGrp/FundraisingAmt010612
IRS990/InsuranceGrp/ManagementAndGeneralAmt042446
IRS990/InsuranceGrp/ProgramServicesAmt0156572
IRS990/InsuranceGrp/TotalAmt0209630
IRS990/InterestGrp/FundraisingAmt063660
IRS990/InterestGrp/ManagementAndGeneralAmt0254640
IRS990/InterestGrp/ProgramServicesAmt0954900
IRS990/InterestGrp/TotalAmt01273200
IRS990/InvestmentIncomeGrp/ExclusionAmt0117838
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0117838
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01050554
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0757854
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03643760
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025339700
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027404105
IRS990/LandBldgEquipCostOrOtherBssAmt031047865
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/NetAssetsOrFundBalancesBOYAmt013354310
IRS990/NetAssetsOrFundBalancesEOYAmt017629132
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0100800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0100800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010846105
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014590299
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt012123
IRS990/OccupancyGrp/ManagementAndGeneralAmt070251
IRS990/OccupancyGrp/ProgramServicesAmt0602687
IRS990/OccupancyGrp/TotalAmt0685061
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0885
IRS990/OfficeExpensesGrp/ProgramServicesAmt017281
IRS990/OfficeExpensesGrp/TotalAmt018166
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01059429
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010427
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039383
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0625185
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0674995
IRS990/OtherExpensesGrp/Desc0SUPPLIES, FURNITURE & E
IRS990/OtherExpensesGrp/Desc1FOOD EXPENSE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND REPAIR
IRS990/OtherExpensesGrp/Desc3MISC. OPERATING COSTS
IRS990/OtherExpensesGrp/FundraisingAmt068599
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt218016
IRS990/OtherExpensesGrp/FundraisingAmt3316
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt272485
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt330290
IRS990/OtherExpensesGrp/ProgramServicesAmt0659949
IRS990/OtherExpensesGrp/ProgramServicesAmt1495112
IRS990/OtherExpensesGrp/ProgramServicesAmt2288174
IRS990/OtherExpensesGrp/ProgramServicesAmt3151297
IRS990/OtherExpensesGrp/TotalAmt0764743
IRS990/OtherExpensesGrp/TotalAmt1495112
IRS990/OtherExpensesGrp/TotalAmt2378675
IRS990/OtherExpensesGrp/TotalAmt3181903
IRS990/OtherLiabilitiesGrp/BOYAmt0408389
IRS990/OtherLiabilitiesGrp/EOYAmt01292818
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0102315
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0440966
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07029335
IRS990/OtherSalariesAndWagesGrp/TotalAmt07572616
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01391
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06671
IRS990/PayrollTaxesGrp/ProgramServicesAmt097740
IRS990/PayrollTaxesGrp/TotalAmt0105802
IRS990/PensionPlanContributionsGrp/FundraisingAmt01334
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05040
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt080001
IRS990/PensionPlanContributionsGrp/TotalAmt086375
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01507814
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01391016
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt057238
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041411
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/RelatedOrExemptFuncIncomeAmt013739233
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1105582
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt284491
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt381965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013739233
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1105582
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt284491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt381965
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02293473
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021414
IRS990/PYOtherExpensesAmt05740307
IRS990/PYOtherRevenueAmt053704
IRS990/PYProgramServiceRevenueAmt013248238
IRS990/PYRevenuesLessExpensesAmt01877449
IRS990/PYSalariesCompEmpBnftPaidAmt07999073
IRS990/PYTotalExpensesAmt013739380
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015616829
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04274822
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0100800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014011271
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08501820
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010737597
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/BookValueAmt022211630
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02233375
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024445005
IRS990ScheduleD/EquipmentGrp/BookValueAmt0287836
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01410385
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01698221
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt015670440
IRS990ScheduleD/LandGrp/BookValueAmt04904639
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04904639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0110000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1123389
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21059429
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RETAINAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE PAYABLES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt019945262
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027404105
IRS990ScheduleD/TotalExpensesPerForm990Amt015670440
IRS990ScheduleD/TotalLiabilityAmt01292818
IRS990ScheduleD/TotalRevenuePerForm990Amt019945262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019945262
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015670440
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
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,391,412
Liabilities
$23,762,280
Net assets
$17,629,132
Revenue
$19,945,262
Expenses
$15,670,440
Net income
$4,274,822
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