Civic Intelligence

South Texas Educational Technogies Inc

EIN 74-2859107 • 501(c)3 • Weslaco, TX

Profile

Education of children pre k thru eight grade

2402 E Business 83Weslaco, TX 78596

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.65x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.93x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

23rd percentile

-5.1%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

21st percentile

-2.3%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-2.5%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$25,619,549

Down $614,010 (-2.3%) from 2023

Liabilities

Up

$16,740,448

Up $308,252 (+1.9%) from 2023

Net Assets

Down

$8,879,101

Down $922,262 (-9.4%) from 2023

Revenue

Down

$18,052,328

Down $454,597 (-2.5%) from 2023

Expenses

Up

$18,974,590

Up $912,396 (+5.1%) from 2023

Net Income

Down

-$922,262

Down $1,366,993 (-307%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $3,931,348Liabilities 2011: $1,916,970Net Assets 2011: $2,014,3782011Assets 2012: $5,612,369Liabilities 2012: $3,439,979Net Assets 2012: $2,172,3902012Assets 2013: $5,427,969Liabilities 2013: $2,964,887Net Assets 2013: $2,463,0822013Assets 2014: $9,578,792Liabilities 2014: $6,195,044Net Assets 2014: $3,383,7482014Assets 2015: $11,128,528Liabilities 2015: $7,358,634Net Assets 2015: $3,769,8942015Assets 2016: $11,958,122Liabilities 2016: $7,295,363Net Assets 2016: $4,662,7592016Assets 2017: $12,805,521Liabilities 2017: $7,044,006Net Assets 2017: $5,761,5152017Assets 2018: $15,928,150Liabilities 2018: $8,437,198Net Assets 2018: $7,490,9522018Assets 2019: $15,821,310Liabilities 2019: $8,065,519Net Assets 2019: $7,755,7912019Assets 2020: $18,432,979Liabilities 2020: $11,003,449Net Assets 2020: $7,429,5302020Assets 2021: $17,267,724Liabilities 2021: $8,683,254Net Assets 2021: $8,584,4702021Assets 2022: $26,043,043Liabilities 2022: $16,686,410Net Assets 2022: $9,356,6332022Assets 2023: $26,233,559Liabilities 2023: $16,432,196Net Assets 2023: $9,801,3632023Assets 2024: $25,619,549Liabilities 2024: $16,740,448Net Assets 2024: $8,879,1012024

Highlighted filing

2024

Assets$25,619,549
Liabilities$16,740,448
Net Assets$8,879,101

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $7,032,229Expenses 2011: $6,428,217Net Income 2011: $604,0122011Revenue 2012: $7,671,047Expenses 2012: $7,513,035Net Income 2012: $158,0122012Revenue 2013: $7,917,235Expenses 2013: $7,626,543Net Income 2013: $290,6922013Revenue 2014: $9,561,112Expenses 2014: $8,640,446Net Income 2014: $920,6662014Revenue 2015: $10,329,216Expenses 2015: $9,943,069Net Income 2015: $386,1472015Revenue 2016: $11,617,681Expenses 2016: $10,617,063Net Income 2016: $1,000,6182016Revenue 2017: $12,439,925Expenses 2017: $11,341,169Net Income 2017: $1,098,7562017Revenue 2018: $12,950,346Expenses 2018: $11,220,909Net Income 2018: $1,729,4372018Revenue 2019: $13,347,158Expenses 2019: $13,051,714Net Income 2019: $295,4442019Revenue 2020: $12,611,419Expenses 2020: $12,937,680Net Income 2020: -$326,2612020Revenue 2021: $15,758,985Expenses 2021: $13,974,122Net Income 2021: $1,784,8632021Revenue 2022: $17,031,405Expenses 2022: $16,259,241Net Income 2022: $772,1642022Revenue 2023: $18,506,925Expenses 2023: $18,062,194Net Income 2023: $444,7312023Revenue 2024: $18,052,328Expenses 2024: $18,974,590Net Income 2024: -$922,2622024

Highlighted filing

2024

Revenue$18,052,328
Expenses$18,974,590
Net Income-$922,262

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.6$16.7$8.88$18.1$19.0$0.92
2023Detailed filing. Detailed filing data is available for this year.$26.2$16.4$9.80$18.5$18.1$0.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$16.7$9.36$17.0$16.3$0.77
2021Detailed filing. Detailed filing data is available for this year.$17.3$8.68$8.58$15.8$14.0$1.78
2020Detailed filing. Detailed filing data is available for this year.$18.4$11.0$7.43$12.6$12.9$0.33
2019Detailed filing. Detailed filing data is available for this year.$15.8$8.07$7.76$13.3$13.1$0.30
2018Detailed filing. Detailed filing data is available for this year.$15.9$8.44$7.49$13.0$11.2$1.73
2017Detailed filing. Detailed filing data is available for this year.$12.8$7.04$5.76$12.4$11.3$1.10
2016Detailed filing. Detailed filing data is available for this year.$12.0$7.30$4.66$11.6$10.6$1.00
2015Summary only. Only limited summary data is available for this year.$11.1$7.36$3.77$10.3$9.94$0.39
2014Summary only. Only limited summary data is available for this year.$9.58$6.20$3.38$9.56$8.64$0.92
2013Summary only. Only limited summary data is available for this year.$5.43$2.96$2.46$7.92$7.63$0.29
2012Summary only. Only limited summary data is available for this year.$5.61$3.44$2.17$7.67$7.51$0.16
2011Summary only. Only limited summary data is available for this year.$3.93$1.92$2.01$7.03$6.43$0.60
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 10, 2025
Return Version
2023v6.0
Gross Receipts
$18,052,328
Mission and Program Overview

Mission

The organization's mission is public education. It is a charter school established by the state of texas and it's mission is public education from pre k thru the eight grade.

PUBLIC SCHOOL EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,689,312$15,237,766▼ $451,546
Cash and Non-Interest-Bearing Accounts$5,574,818$5,313,567▼ $261,251
Savings and Temporary Cash Investments$3,150,457$3,301,159▲ $150,702
Intangible Assets$1,308,637$1,263,513▼ $45,124
Pledges and Grants Receivable$374,094$366,152▼ $7,942
Inventories for Sale or Use$7,420$18,432▲ $11,012
Total Assets$26,233,559$25,619,549▼ $614,010
Other Assets Total$128,821$118,960▼ $9,861
Liabilities
Unsecured Notes Loans Payable$16,027,264$16,015,366▼ $11,898
Accounts Payable and Accrued Expenses$404,932$725,082▲ $320,150
Total Liabilities$16,432,196$16,740,448▲ $308,252
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,479,301$4,479,301→ $0
Net Assets Without Donor Restrictions$5,322,062$4,399,800▼ $922,262
Total Net Assets Fund Balance$9,801,363$8,879,101▼ $922,262
Total Liabilities and Net Assets / Fund Balance$26,233,559$25,619,549▼ $614,010

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,269,200$5,372,862-
Other Land Buildings$687,820--
Land$3,308,024--
Equipment$1,972,722--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yolanda CantuSuperintendentFT$120,000$120,000
James HayesCFO/board MemberPT$48,000$48,000

Board Members and Trustees

NameTitle
Aurora SaenzSchool Board Member
Hassan AhmadSchool Board Member
Hitest ChugSchool Board Member
Randy SummersSchool Board Member
Thomas HermanSchool Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$3,094,463
Program Service Revenue
$14,408,625
Investment Income
$0
Other Revenue
$549,240
Change in Net Assets
$-922,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,052,328
Total Revenue per Audited Statements
$18,052,328
Total Revenue per Form 990
$18,052,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,420,466
Other Expenses$8,554,124
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,052,466$0$0$10,052,466
Other Expenses$5,873,478$0$0$5,873,478
Interest$830,857$0$0$830,857
Information Technology$718,776$0$0$718,776
Depreciation Depletion$543,699$0$0$543,699
Insurance$250,420$0$0$250,420
Payroll Taxes$184,313$0$0$184,313
Pension Plan Contributions$183,687$0$0$183,687
Occupancy$175,359$0$0$175,359
Travel$143,835$0$0$143,835
Fees for Services Accounting$17,700$0$0$17,700
Total Functional Expenses$18,974,590$0$0$18,974,590

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,974,990
Total Expenses per Audited Statements$18,974,990
Total Expenses per Form 990$18,974,990
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
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
South Texas Educational Technogies Inc
EIN
74-2859107
Phone
9569693092
Address
2402 E BUSINESS 83, WESLACO, TX 78596
Doing Business As
Horizon Montessori

Signing Officer

Name
Alim U Ansari
Title
Chairman of the Board
Phone
9569693092
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alim U Ansari
Formed
1998
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
365
Volunteers
155

Preparer

Firm
James O Hayes CPA
Address
1419 W LOOP 281 STE A, LONGVIEW, TX 75604
Preparer
James O Hayes
Phone
9037590091
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

The head of the accounting department is the son of a school board member.

Pt VI, Line 11B

During one of the school board meetings the chief accounting officers goes over the auditor report with the board in detail.

Pt VI, Line 15A

The school board discusses the salary and votes for the superintendent.

Pt VI, Line 15B

The school district hasa pre salary scale and if there are any deviations they must go before the school board.

Raw XML Appendix392 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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0STUDENT AND SCHOOL HANDBOOKS WHICH ARE GIVEN TO ALL FAMILIES
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE RIGHT TO GOVERNMENT AID HAS NEVER BEEN SUSPENDED
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IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HEAD OF THE ACCOUNTING DEPARTMENT IS THE SON OF A SCHOOL BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING ONE OF THE SCHOOL BOARD MEETINGS THE CHIEF ACCOUNTING OFFICERS GOES OVER THE AUDITOR REPORT WITH THE BOARD IN DETAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL BOARD DISCUSSES THE SALARY AND VOTES FOR THE SUPERINTENDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL DISTRICT HASA PRE SALARY SCALE AND IF THERE ARE ANY DEVIATIONS THEY MUST GO BEFORE THE SCHOOL BOARD.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
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IRS990/WebsiteAddressTxt0N/A
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALIM U ANSARI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN OF THE BOARD
ReturnHeader/BusinessOfficerGrp/PhoneNum09569693092
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH TEXAS EDUCATIONAL TECHNOGIES INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0742859107
ReturnHeader/Filer/PhoneNum09569693092
ReturnHeader/Filer/USAddress/AddressLine1Txt02402 E BUSINESS 83
ReturnHeader/Filer/USAddress/CityNm0WESLACO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751849127
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES O HAYES CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01419 W LOOP 281 STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LONGVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075604
ReturnHeader/PreparerPersonGrp/PhoneNum09037590091
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES O HAYES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-15T11:38:55-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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