Civic Intelligence

Ignite Public Schools and Community Service Centers Inc

EIN 74-6033663 • 501(c)3 • Edinburg, TX

Profile

Irra, inc. Operates a charter school district in the rio grande valley providing an alternative form of basic required education. Irra, inc. Also is a resource center providing resource and referral assistance for various social services for residents of the rio grande valley.

4701 S Sugar RdEdinburg, TX 78539

www.irra.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

4th percentile

-103%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$9,764

Down $12,413,468 (-100%) from 2015

Liabilities

Down

$0

Down $5,746,569 (-100%) from 2015

Net Assets

Down

$9,764

Down $6,666,899 (-100%) from 2015

Revenue

Down

$554,364

Down $9,606,306 (-95%) from 2015

Expenses

Down

$1,125,416

Down $9,075,200 (-89%) from 2015

Net Income

Down

-$571,052

Down $531,106 (-1330%) from 2015

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $5,520,361Liabilities 2011: $2,310,004Net Assets 2011: $3,210,3572011Assets 2012: $6,346,986Liabilities 2012: $2,521,339Net Assets 2012: $3,825,6472012Assets 2013: $10,598,907Liabilities 2013: $4,508,307Net Assets 2013: $6,090,6002013Assets 2014: $12,947,696Liabilities 2014: $6,042,742Net Assets 2014: $6,904,9542014Assets 2015: $12,423,232Liabilities 2015: $5,746,569Net Assets 2015: $6,676,6632015Assets 2016: $9,764Liabilities 2016: $0Net Assets 2016: $9,7642016

Highlighted filing

2016

Assets$9,764
Liabilities$0
Net Assets$9,764

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $9,862,621Expenses 2011: $9,716,560Net Income 2011: $146,0612011Expenses 2012: $9,771,5822012Expenses 2013: $9,833,5592013Revenue 2014: $10,065,440Expenses 2014: $9,277,455Net Income 2014: $787,9852014Revenue 2015: $10,160,670Expenses 2015: $10,200,616Net Income 2015: -$39,9462015Revenue 2016: $554,364Expenses 2016: $1,125,416Net Income 2016: -$571,0522016

Highlighted filing

2016

Revenue$554,364
Expenses$1,125,416
Net Income-$571,052

Filings

Latest Detailed Filing

The latest 2016 filing currently has summary financial data only. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jun 6, 2016
Return Version
2014v6.0
Gross Receipts
$10,160,670
Mission and Program Overview

Mission

Irra, inc. Operates a charter school district in the rio grande valley providing an alternative form of basic required education. Irra, inc. Also is a resource center providing resource and referral assistance for various social services for residents of the rio grande valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,222,985$9,115,408▼ $107,577
Cash and Non-Interest-Bearing Accounts$2,272,186$2,860,227▲ $588,041
Accounts Receivable$1,198,233$219,219▼ $979,014
Savings and Temporary Cash Investments$186,878$187,811▲ $933
Prepaid Expenses and Deferred Charges$67,414$40,567▼ $26,847
Total Assets$12,947,696$12,423,232▼ $524,464
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,564,265$5,308,478▼ $255,787
Accounts Payable and Accrued Expenses$478,477$438,091▼ $40,386
Total Liabilities$6,042,742$5,746,569▼ $296,173
Net Assets / Fund Balance
Unrestricted Net Assets$2,656,568$6,676,663▲ $4,020,095
Temporarily Rstr Net Assets$4,248,386--
Total Net Assets Fund Balance$6,904,954$6,676,663▼ $228,291
Total Liabilities and Net Assets / Fund Balance$12,947,696$12,423,232▼ $524,464

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,889,676$1,296,662$9,186,338
Land$1,217,123-$1,217,123
Equipment$8,609$196,847$205,456
Compensation and Service Providers

Board Members and Trustees

NameTitle
Myrta CardonaChairman
Omar EscobarVice-chairma
Dora Elisa ContrerasFinance Chai
Sergio GonzalezMember
Camilo MartinezSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
CaapProgram4701 S SUGAR RD, Edinburg, TX 78539$611,928
Preferred Meal Systems INCChildren Meals5240 SAINT CHARLES BLVD, Berkeley, IL 60163$451,474
Mcallen Careers InstituteVocational304 S COL ROWE BLVD, Mcallen, TX 78501$277,000
Kpe & Ake FlpMonthly Lease803 SHASTA AVE, Mcallen, TX 78504$220,500
Time Warner CableInternet Serv.P O BOX 849151, Dallas, TX 75284$198,046
Revenue and Support

Revenue Composition

Contributions and Grants
$9,201,513
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$959,157
Change in Net Assets
$-39,946

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,160,670
Total Revenue per Audited Statements
$10,160,670
Total Revenue per Form 990
$10,160,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,121,805
Other Expenses$4,078,811
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,425,651$1,844,581-$5,270,232
Occupancy$377,694$203,374-$581,068
Other Employee Benefits$267,215$143,885-$411,100
Insurance$180,896$97,406-$278,302
Interest$180,021$96,934-$276,955
Depreciation Depletion$163,559$88,071-$251,630
Payroll Taxes$161,555$86,991-$248,546
Pension Plan Contributions$124,753$67,174-$191,927
Fees for Services Other$91,103$49,056-$140,159
Fees for Services Legal$44,338$23,874-$68,212
Other Expenses$32,828$17,676-$50,504
Travel$18,572$10,000-$28,572
Total Functional Expenses$6,630,401$3,570,215$0$10,200,616

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,200,616
Total Expenses per Audited Statements$10,200,616
Total Expenses per Form 990$10,200,616
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
No
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

Reviewed by management and then by board prior to filing

Form 990, Page 6, Part VI, Line 12C

ANNUAL DISCLOSURE FORM

Form 990, Page 6, Part VI, Line 15A

Board performs an annual review of ceo/super and determines compensation based on performance and market

Form 990, Page 6, Part VI, Line 15B

Board performs an annual review of ceo/super and determines compensation based on performance and market

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Ignite Public Schools and Community
EIN
74-6033663
Phone
9563932227
Address
4701 S SUGAR RD, EDINBURG, TX 78539

Signing Officer

Name
Fernando Gomez
Title
CEO
Phone
9563932227
Signed
2016-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fernando Gomez
Formed
1987
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
261

Preparer

Firm
Oscar R Gonzalez CPA & Associates Pllc
Address
208 W FERGUSON UNIT 1, PHARR, TX 78577
Preparer
Melissa Gonzalez CPA
Phone
9567879909
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Irra, inc. Operates a charter school district in the rio grande valley providing an alternative form of basic required education. Irra, inc. Also is a resource center providing resource and referral assistance for various social services for residents of the rio grande valley.

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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01296662
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IRS990ScheduleD/EquipmentGrp/BookValueAmt08609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196847
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0205456
IRS990ScheduleD/ExpensesSubtotalAmt010200616
IRS990ScheduleD/LandGrp/BookValueAmt01217123
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01217123
IRS990ScheduleD/RevenueSubtotalAmt010160670
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09115408
IRS990ScheduleD/TotalExpensesPerForm990Amt010200616
IRS990ScheduleD/TotalRevenuePerForm990Amt010160670
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IRRA, INC. OPERATES A CHARTER SCHOOL DISTRICT IN THE RIO GRANDE VALLEY PROVIDING AN ALTERNATIVE FORM OF BASIC REQUIRED EDUCATION. IRRA, INC. ALSO IS A RESOURCE CENTER PROVIDING RESOURCE AND REFERRAL ASSISTANCE FOR VARIOUS SOCIAL SERVICES FOR RESIDENTS OF THE RIO GRANDE VALLEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY MANAGEMENT AND THEN BY BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL DISCLOSURE FORM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD PERFORMS AN ANNUAL REVIEW OF CEO/SUPER AND DETERMINES COMPENSATION BASED ON PERFORMANCE AND MARKET
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD PERFORMS AN ANNUAL REVIEW OF CEO/SUPER AND DETERMINES COMPENSATION BASED ON PERFORMANCE AND MARKET
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06630401
IRS990/TotalFunctionalExpensesGrp/TotalAmt010200616
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IRS990/TotalLiabilitiesEOYAmt05746569
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IRS990/TotalLiabilitiesGrp/EOYAmt05746569
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06676663
IRS990/TotalProgramServiceExpensesAmt06630401
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0959157
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012947696
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012423232
IRS990/TravelGrp/ManagementAndGeneralAmt010000
IRS990/TravelGrp/ProgramServicesAmt018572
IRS990/TravelGrp/TotalAmt028572
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04701 S SUGAR RD
IRS990/USAddress/CityNm0EDINBURG
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078539
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.IRRA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FERNANDO GOMEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09563932227
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IGNITE PUBLIC SCHOOLS AND COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SERVICE CENTERS INC
ReturnHeader/Filer/BusinessNameControlTxt0IGNI
ReturnHeader/Filer/EIN0746033663
ReturnHeader/Filer/PhoneNum09563932227
ReturnHeader/Filer/USAddress/AddressLine1Txt04701 S SUGAR RD
ReturnHeader/Filer/USAddress/CityNm0EDINBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078539
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273582518
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSCAR R GONZALEZ CPA & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0208 W FERGUSON UNIT 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHARR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078577
ReturnHeader/PreparerPersonGrp/PhoneNum09567879909
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA GONZALEZ CPA
ReturnHeader/ReturnTs02016-06-15T09:21:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

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