Civic Intelligence

Headwaters School

990 • Fiscal year 2020 • EIN 74-3020203

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 12, 2021

Organization ProfileWWW.HEADWATERS.ORG

View Organization Page

801 Rio GrandeAustin, TX 78701

(512) 480-8142

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.73x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

1.18x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

27th percentile

-3.2%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

70th percentile

$247,309

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

29th percentile

0.5%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

35th percentile

-4.0%

Faster revenue growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$13,733,480

Up $74,152 (+0.5%) from 2019

Net Assets

Down

$3,694,253

Down $532,132 (-13%) from 2019

Liabilities

Up

$10,039,227

Up $606,284 (+6.4%) from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin27th percentile

Revenue

Down

$8,530,521

Down $359,934 (-4.0%) from 2019

Expenses

Up

$8,807,052

Up $159,155 (+1.8%) from 2019

Net Income

Down

-$276,531

Down $519,089 (-214%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$30M$20M$10M$0Assets 2011: $4,000,182Liabilities 2011: $2,490,362Net Assets 2011: $1,509,8202011Assets 2012: $6,109,432Liabilities 2012: $4,239,565Net Assets 2012: $1,869,8672012Assets 2013: $6,391,416Liabilities 2013: $4,368,999Net Assets 2013: $2,022,4172013Assets 2014: $7,026,716Liabilities 2014: $5,322,467Net Assets 2014: $1,704,2492014Assets 2015: $7,057,108Liabilities 2015: $5,780,796Net Assets 2015: $1,276,3122015Assets 2016: $8,215,761Liabilities 2016: $5,563,078Net Assets 2016: $2,652,6832016Assets 2017: $12,948,755Liabilities 2017: $9,344,723Net Assets 2017: $3,604,0322017Assets 2018: $13,652,067Liabilities 2018: $9,668,240Net Assets 2018: $3,983,8272018Assets 2019: $13,659,328Liabilities 2019: $9,432,943Net Assets 2019: $4,226,3852019Assets 2020: $13,733,480Liabilities 2020: $10,039,227Net Assets 2020: $3,694,2532020Assets 2021: $15,508,663Liabilities 2021: $10,220,582Net Assets 2021: $5,288,0812021Assets 2022: $17,418,867Liabilities 2022: $10,544,116Net Assets 2022: $6,874,7512022Assets 2023: $20,589,237Liabilities 2023: $12,064,184Net Assets 2023: $8,525,0532023Assets 2024: $20,779,124Liabilities 2024: $10,952,965Net Assets 2024: $9,826,1592024

Highlighted filing

2020

Assets$13,733,480
Liabilities$10,039,227
Net Assets$3,694,253
Open 2020 Filing

Operations Trend

Revenue Growth35th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,470,978Expenses 2011: $4,227,945Net Income 2011: $243,0332011Expenses 2012: $6,296,9502012Revenue 2013: $3,024,945Expenses 2013: $2,872,395Net Income 2013: $152,5502013Revenue 2014: $6,863,165Expenses 2014: $6,776,772Net Income 2014: $86,3932014Revenue 2015: $7,085,720Expenses 2015: $7,513,657Net Income 2015: -$427,9372015Revenue 2016: $8,809,675Expenses 2016: $7,433,303Net Income 2016: $1,376,3722016Revenue 2017: $8,969,021Expenses 2017: $8,017,672Net Income 2017: $951,3492017Revenue 2018: $8,528,200Expenses 2018: $8,148,405Net Income 2018: $379,7952018Revenue 2019: $8,890,455Expenses 2019: $8,647,897Net Income 2019: $242,5582019Revenue 2020: $8,530,521Expenses 2020: $8,807,052Net Income 2020: -$276,5312020Revenue 2021: $9,385,546Expenses 2021: $7,791,718Net Income 2021: $1,593,8282021Revenue 2022: $11,289,242Expenses 2022: $9,702,572Net Income 2022: $1,586,6702022Revenue 2023: $12,900,322Expenses 2023: $12,660,826Net Income 2023: $239,4962023Revenue 2024: $13,172,220Expenses 2024: $12,554,608Net Income 2024: $617,6122024

Highlighted filing

2020

Revenue$8,530,521
Expenses$8,807,052
Net Income-$276,531
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 12, 2021
Return Version
2019v5.1
Gross Receipts
$8,539,527
Mission and Program Overview

Mission

Beginning with a montessori foundation and progressing to the international baccalaureate (ib) diploma programme, headwaters serves students from early childhood through grade 12 to live authentically, think expansively, and create bravely. We are inspired, organized, and guided by our purpose, promise, and pact. These ideas serve as the foundation for our daily work.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,794,573$11,554,004▼ $240,569
Cash and Non-Interest-Bearing Accounts$1,369,162$1,604,280▲ $235,118
Accounts Receivable$136,207$290,258▲ $154,051
Prepaid Expenses and Deferred Charges$200,985$122,470▼ $78,515
Inventories for Sale or Use$9,810$9,810→ $0
Pledges and Grants Receivable$976$375▼ $601
Total Assets$13,659,328$13,733,480▲ $74,152
Other Assets Total$147,615$152,283▲ $4,668
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,185,266$4,911,075▲ $725,809
Tax Exempt Bond Liabilities$3,071,841$2,923,169▼ $148,672
Deferred Revenue$2,132,496$1,885,662▼ $246,834
Accounts Payable and Accrued Expenses$43,340$319,321▲ $275,981
Total Liabilities$9,432,943$10,039,227▲ $606,284
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,225,409$3,689,003▼ $536,406
Net Assets With Donor Restrictions$976$5,250▲ $4,274
Total Net Assets Fund Balance$4,226,385$3,694,253▼ $532,132
Total Liabilities and Net Assets / Fund Balance$13,659,328$13,733,480▲ $74,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,504,728$1,564,508$10,069,236
Land$2,826,090-$2,826,090
Equipment$223,186$790,683$1,013,869
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ted GrafHead of SchoolFT$208,709$38,600$247,309
Gavin WilsonDirector of Finance and OpFT$113,308$8,674$121,982
Daniel CummingsHead of High SchoolFT$103,871$2,228$106,099

Board Members and Trustees

NameTitle
Jerry AubinCurrent Chair
Heather VickersPast Board Chair
Jim RuddenVice-chair
Aaron LevyTrustee
Adam BattaniTrustee
Allene EvansTrustee
Cheline JaidarTrustee
Madhu PhillipsTrustee
Melanie MeadorTrustee
Taina Palombo-priceTrustee
Will MoncrieffTrustee
Julia Cuba LewisSecretary
Jessica RioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$282,090
Program Service Revenue
$8,206,075
Investment Income
$5,518
Other Revenue
$36,838
All Other Contributions
$254,999
Change in Net Assets
$-276,531

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,126,717
Revenue Not Reported on Financial Statements
$403,804
Revenue Not Reported on Form 990
$9,006
Other Revenue Adjustments
$403,804
Total Revenue per Audited Statements
$8,135,723
Total Revenue per Form 990
$8,530,521
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,305,189
Other Expenses$2,098,059
Grants and Similar Amounts Paid$403,804
Total Fundraising Expense$95,102
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,290,052$626,523$52,775$4,969,350
Occupancy$524,468$73,402$6,408$604,278
Current Officers, Directors, Trustees, and Key Employees$384,246$56,115$4,727$445,088
Grants to Domestic Individuals$403,804--$403,804
Payroll Taxes$330,969$48,335$4,072$383,376
Other Employee Benefits$315,865$46,129$3,886$365,880
Depreciation Depletion$296,630$43,309$3,781$343,720
Interest$254,538$41,586$3,245$299,369
Pension Plan Contributions$122,153$17,839$1,503$141,495
Information Technology$76,096$11,110$970$88,176
All Other Expenses$34,870$20,126$1,986$56,982
Insurance$47,652$6,957$607$55,216
Fees for Services Other$2,157$41,706-$43,863
Fees for Services Accounting$1,918$37,082-$39,000
Other Expenses$35,800$5,779$505$35,800
Fees for Services Legal$381$7,368-$7,749
Total Functional Expenses$7,612,444$1,099,506$95,102$8,807,052

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,807,052
Total Expenses per Audited Statements$8,412,254
Expenses per Audited Statements$8,403,248
Expenses Not Reported on Financial Statements$403,804
Other Expense Adjustments$403,804
Expenses Not Reported on Form 990$9,006
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,006
Fundraising Gross Income$7,323
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Community Picnic$13,315$6,603$6,995$-392
Amplify Austin$21,099$720$2,011$-1,291
Total Events$34,414$7,323$9,006$-1,683
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AItaly Higher Education Facilities Corporation2013-12-10$2,174,676Refinance loan for campus improvements
BCrawford Education Facilities Corporation2016-02-16$1,520,000Refinance loan for building improvements

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,174,676$2,161,117$540,167$13,559
B$1,520,000$1,520,000$231,340-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The tax return is reviewed in detail by the director of finance and operations of school and the treasurer of the board of trustees. A reviewed final copy (with schedule b excluded for donor confidentiality) is also provided to all board of trustees for their review before filing.”

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

“All interested parties are required to sign an acknowledgement of the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Compensation for employees is based on an employee's experience level, job duties, and current market salaries for similar positions.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are available for public inspection at the organization's office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Headwaters School
EIN
74-3020203
Phone
5124808142
Address
801 RIO GRANDE, AUSTIN, TX 78701

Signing Officer

Name
Jerry Aubin
Title
Board Chair
Phone
5124808142
Signed
2021-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Aubin
Formed
2001
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
154
Volunteers
100

Preparer

Firm
Cherry Bekaert Llp
Address
221 W 6TH STREET STE 1900, AUSTIN, TX 78701
Preparer
Norman Trubee
Phone
5124796000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Correction of salary accrual from prior period -255,601.”

Financial Statement Notes

PART II, LINE 9:

“The easement is listed in organization's balance sheet under fixed assets - land. The expense to maintain it is listed in our functional expenses under facilities expenses - landscaping.”

PART X, LINE 2:

“The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, as well as state income taxes. Unrelated business income, of which the school had no significant amounts for the years ended june 30, 2020 and 2019, is subject to federal income taxes. Accordingly, there is no provision or liability for federal income taxes in the accompanying financial statements. The school is classified as an organization other than a private foundation. Management believes it is no longer subject to income tax examinations for years prior to its fiscal year ended june 30, 2017.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Reclassed fundraising expense 9,006.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid and grants 403,804.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Reclassed fundraising expense 9,006.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid and grants 403,804.”

Raw XML AppendixShowing 400 of 691 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/BOYAmt043340
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0319321
IRS990/AccountsReceivableGrp/BOYAmt0136207
IRS990/AccountsReceivableGrp/EOYAmt0290258
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O.
IRS990/AllOtherContributionsAmt0254999
IRS990/AllOtherExpensesGrp/FundraisingAmt01986
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt020126
IRS990/AllOtherExpensesGrp/ProgramServicesAmt034870
IRS990/AllOtherExpensesGrp/TotalAmt056982
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HEADWATERS SCHOOL
IRS990/BooksInCareOfDetail/PhoneNum05124808142
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0801 RIO GRANDE
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01369162
IRS990/CashNonInterestBearingGrp/EOYAmt01604280
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04727
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt056115
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0384246
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0445088
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd01
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt027091
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0282090
IRS990/CYGrantsAndSimilarPaidAmt0403804
IRS990/CYInvestmentIncomeAmt05518
IRS990/CYOtherExpensesAmt02098059
IRS990/CYOtherRevenueAmt036838
IRS990/CYProgramServiceRevenueAmt08206075
IRS990/CYRevenuesLessExpensesAmt0-276531
IRS990/CYSalariesCompEmpBnftPaidAmt06305189
IRS990/CYTotalExpensesAmt08807052
IRS990/CYTotalFundraisingExpenseAmt095102
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08530521
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02132496
IRS990/DeferredRevenueGrp/EOYAmt01885662
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt03781
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt043309
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0296630
IRS990/DepreciationDepletionGrp/TotalAmt0343720
IRS990/Desc0THE 2019-2020 SCHOOL YEAR BEGAN STRONG, AND IN THE SPRING, DUE TO COVID-19 THE SCHOOL QUICKLY PIVOTED TO ONLINE LEARNING, WITH ALMOST NO DISRUPTION TO THE SCHOOL CALENDAR. WITH A DRIVE-IN GRADUATION IN MAY, HEADWATERS FOUND CREATIVE WAYS TO SAFELY CARRY ON AND BUILD UPON OUR 19 YEARS OF TRADITIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0976
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05250
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0154
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt07612444
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt037082
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01918
IRS990/FeesForServicesAccountingGrp/TotalAmt039000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07368
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0381
IRS990/FeesForServicesLegalGrp/TotalAmt07749
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041706
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02157
IRS990/FeesForServicesOtherGrp/TotalAmt043863
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1319400
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt148674
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt152228
IRS990/Form990PartVIISectionAGrp/PersonNm0JERRY AUBIN
IRS990/Form990PartVIISectionAGrp/PersonNm1HEATHER VICKERS
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM RUDDEN
IRS990/Form990PartVIISectionAGrp/PersonNm3JESSICA RIO
IRS990/Form990PartVIISectionAGrp/PersonNm4JULIA CUBA LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm5AARON LEVY
IRS990/Form990PartVIISectionAGrp/PersonNm6ADAM BATTANI
IRS990/Form990PartVIISectionAGrp/PersonNm7ALLENE EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm8CHELINE JAIDAR
IRS990/Form990PartVIISectionAGrp/PersonNm9MADHU PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm10MELANIE MEADOR
IRS990/Form990PartVIISectionAGrp/PersonNm11TAINA PALOMBO-PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm12WILL MONCRIEFF
IRS990/Form990PartVIISectionAGrp/PersonNm13TED GRAF
IRS990/Form990PartVIISectionAGrp/PersonNm14GAVIN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm15DANIEL CUMMINGS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13227909
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14113308
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15103871
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CURRENT CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF FINANCE AND OP
IRS990/Form990PartVIISectionAGrp/TitleTxt15HEAD OF HIGH SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt027091
IRS990/FundraisingDirectExpensesAmt09006
IRS990/FundraisingGrossIncomeAmt07323
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0403804
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0403804
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0403804
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt08539527
IRS990/GrossRentsGrp/RealAmt038073
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0970
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011110
IRS990/InformationTechnologyGrp/ProgramServicesAmt076096
IRS990/InformationTechnologyGrp/TotalAmt088176
IRS990/InsuranceGrp/FundraisingAmt0607
IRS990/InsuranceGrp/ManagementAndGeneralAmt06957
IRS990/InsuranceGrp/ProgramServicesAmt047652
IRS990/InsuranceGrp/TotalAmt055216
IRS990/InterestGrp/FundraisingAmt03245
IRS990/InterestGrp/ManagementAndGeneralAmt041586
IRS990/InterestGrp/ProgramServicesAmt0254538
IRS990/InterestGrp/TotalAmt0299369
IRS990/InventoriesForSaleOrUseGrp/BOYAmt09810
IRS990/InventoriesForSaleOrUseGrp/EOYAmt09810
IRS990/InvestmentIncomeGrp/ExclusionAmt05518
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05518
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02355191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011794573
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011554004
IRS990/LandBldgEquipCostOrOtherBssAmt013909195
IRS990/LegalDomicileStateCd0TX
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BEGINNING WITH A MONTESSORI FOUNDATION AND PROGRESSING TO THE INTERNATIONAL BACCALAUREATE (IB) DIPLOMA PROGRAMME, HEADWATERS SERVES STUDENTS FROM EARLY CHILDHOOD THROUGH GRADE 12 TO LIVE AUTHENTICALLY, THINK EXPANSIVELY, AND CREATE BRAVELY. WE ARE INSPIRED, ORGANIZED, AND GUIDED BY OUR PURPOSE, PROMISE, AND PRINCIPLES. THESE IDEAS SERVE AS THE FOUNDATION FOR OUR DAILY WORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04185266
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04911075
IRS990/NetAssetsOrFundBalancesBOYAmt04226385
IRS990/NetAssetsOrFundBalancesEOYAmt03694253
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1683
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1683
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt038073
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt038073
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04225409
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03689003
IRS990/NoncashContributionsAmt05022
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06408
IRS990/OccupancyGrp/ManagementAndGeneralAmt073402
IRS990/OccupancyGrp/ProgramServicesAmt0524468
IRS990/OccupancyGrp/TotalAmt0604278
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0147615
IRS990/OtherAssetsTotalGrp/EOYAmt0152283
IRS990/OtherChangesInNetAssetsAmt0-255601
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03886
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt046129
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0315865
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0365880
IRS990/OtherExpensesGrp/Desc0CLASS EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt02191
IRS990/OtherExpensesGrp/FundraisingAmt18446
IRS990/OtherExpensesGrp/FundraisingAmt2505
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05720
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110420
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25779
IRS990/OtherExpensesGrp/ProgramServicesAmt0313267
IRS990/OtherExpensesGrp/ProgramServicesAmt1136286
IRS990/OtherExpensesGrp/ProgramServicesAmt241292
IRS990/OtherExpensesGrp/ProgramServicesAmt335800
IRS990/OtherExpensesGrp/TotalAmt0321178
IRS990/OtherExpensesGrp/TotalAmt1155152
IRS990/OtherExpensesGrp/TotalAmt247576
IRS990/OtherExpensesGrp/TotalAmt335800
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0448
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0448
IRS990/OtherRevenueTotalAmt0448
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt052775
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0626523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04290052
IRS990/OtherSalariesAndWagesGrp/TotalAmt04969350
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04072
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt048335
IRS990/PayrollTaxesGrp/ProgramServicesAmt0330969
IRS990/PayrollTaxesGrp/TotalAmt0383376
IRS990/PensionPlanContributionsGrp/FundraisingAmt01503
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017839
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0122153
IRS990/PensionPlanContributionsGrp/TotalAmt0141495
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0976
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0375
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0200985
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0122470
IRS990/PrincipalOfficerNm0JERRY AUBIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07997839
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1208236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07997839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1208236
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0296552
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0427079
IRS990/PYInvestmentIncomeAmt06572
IRS990/PYOtherExpensesAmt02190224
IRS990/PYOtherRevenueAmt057757
IRS990/PYProgramServiceRevenueAmt08529574
IRS990/PYRevenuesLessExpensesAmt0242558
IRS990/PYSalariesCompEmpBnftPaidAmt06030594
IRS990/PYTotalExpensesAmt08647897
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08890455
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-276531
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt038073
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08206075
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/BookValueAmt08504728
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01564508
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010069236
IRS990ScheduleD/EquipmentGrp/BookValueAmt0223186
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0790683

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$13,733,480
Liabilities
$10,039,227
Net assets
$3,694,253
Revenue
$8,530,521
Expenses
$8,807,052
Net income
-$276,531
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.8$11.0$9.83$13.2$12.6$0.62
2023Detailed filing. Detailed filing data is available for this year.$20.6$12.1$8.53$12.9$12.7$0.24
2022Detailed filing. Detailed filing data is available for this year.$17.4$10.5$6.87$11.3$9.70$1.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$10.2$5.29$9.39$7.79$1.59
2020Detailed filing. Detailed filing data is available for this year.$13.7$10.0$3.69$8.53$8.81$0.28
2019Detailed filing. Detailed filing data is available for this year.$13.7$9.43$4.23$8.89$8.65$0.24
2018Detailed filing. Detailed filing data is available for this year.$13.7$9.67$3.98$8.53$8.15$0.38
2017Detailed filing. Detailed filing data is available for this year.$12.9$9.34$3.60$8.97$8.02$0.95
2016Summary only. Only limited summary data is available for this year.$8.22$5.56$2.65$8.81$7.43$1.38
2015Detailed filing. Detailed filing data is available for this year.$7.06$5.78$1.28$7.09$7.51$0.43
2014Detailed filing. Detailed filing data is available for this year.$7.03$5.32$1.70$6.86$6.78$0.09
2013Summary only. Only limited summary data is available for this year.$6.39$4.37$2.02$3.02$2.87$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.11$4.24$1.87$6.30
2011Summary only. Only limited summary data is available for this year.$4.00$2.49$1.51$4.47$4.23$0.24