Civic Intelligence

Ltts Charter School Inc DBA Universal Academy

990 • Fiscal year 2023 • EIN 75-2739703

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 18, 2024

Organization ProfileWWW.UNIVERSALACADEMY.COM
2616 N Macarthur BlvdIrving, TX 75062

(972) 255-1800

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$47,950,143

Flat from 2023

Net Assets

Flat

$1,969,951

Flat from 2023

Liabilities

Flat

$45,980,192

Flat from 2023

Revenue And Expenses

Revenue

Flat

$21,566,813

Flat from 2023

Expenses

Flat

$21,160,095

Flat from 2023

Net Income

Flat

$406,718

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2011: $1,725,370Liabilities 2011: $352,557Net Assets 2011: $1,372,8132011Assets 2012: $2,329,332Liabilities 2012: $422,137Net Assets 2012: $1,907,1952012Assets 2013: $2,457,803Liabilities 2013: $449,380Net Assets 2013: $2,008,4232013Assets 2014: $33,028,034Liabilities 2014: $31,410,268Net Assets 2014: $1,617,7662014Assets 2015: $30,874,195Liabilities 2015: $31,214,423Net Assets 2015: -$340,2282015Assets 2016: $31,371,804Liabilities 2016: $31,784,271Net Assets 2016: -$412,4672016Assets 2017: $29,751,334Liabilities 2017: $30,262,210Net Assets 2017: -$510,8762017Assets 2018: $32,818,738Liabilities 2018: $32,443,139Net Assets 2018: $375,5992018Assets 2019: $30,045,505Liabilities 2019: $29,582,812Net Assets 2019: $462,6932019Assets 2020: $47,883,318Liabilities 2020: $49,211,362Net Assets 2020: -$1,328,0442020Assets 2021: $51,208,696Liabilities 2021: $47,847,040Net Assets 2021: $3,361,6562021Assets 2022: $48,279,369Liabilities 2022: $46,716,136Net Assets 2022: $1,563,2332022Assets 2023: $47,950,143Liabilities 2023: $45,980,192Net Assets 2023: $1,969,9512023Assets 2023: $47,950,143Liabilities 2023: $45,980,192Net Assets 2023: $1,969,9512023Assets 2024: $46,469,393Liabilities 2024: $45,290,229Net Assets 2024: $1,179,1642024

Highlighted filing

2023

Assets$47,950,143
Liabilities$45,980,192
Net Assets$1,969,951
Open 2023 Filing

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $13,062,8232011Expenses 2012: $11,668,4842012Revenue 2013: $11,809,425Expenses 2013: $11,708,197Net Income 2013: $101,2282013Revenue 2014: $13,350,509Expenses 2014: $13,741,166Net Income 2014: -$390,6572014Revenue 2015: $15,395,760Expenses 2015: $17,353,754Net Income 2015: -$1,957,9942015Revenue 2016: $17,286,693Expenses 2016: $17,358,932Net Income 2016: -$72,2392016Revenue 2017: $17,925,150Expenses 2017: $18,023,559Net Income 2017: -$98,4092017Revenue 2018: $20,307,645Expenses 2018: $19,421,170Net Income 2018: $886,4752018Revenue 2019: $19,452,238Expenses 2019: $19,365,144Net Income 2019: $87,0942019Revenue 2020: $19,395,723Expenses 2020: $20,833,376Net Income 2020: -$1,437,6532020Revenue 2021: $26,323,154Expenses 2021: $21,633,454Net Income 2021: $4,689,7002021Revenue 2022: $20,630,639Expenses 2022: $22,429,062Net Income 2022: -$1,798,4232022Revenue 2023: $21,566,813Expenses 2023: $21,160,095Net Income 2023: $406,7182023Revenue 2023: $21,566,813Expenses 2023: $21,160,095Net Income 2023: $406,7182023Revenue 2024: $21,965,816Expenses 2024: $22,756,603Net Income 2024: -$790,7872024

Highlighted filing

2023

Revenue$21,566,813
Expenses$21,160,095
Net Income$406,718
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 18, 2024
Return Version
2022v5.0
Gross Receipts
$21,566,813
Mission and Program Overview

Mission

To create a challenging and intellectually engaging curriculum within a safe, nuturing environment by providing varied learning opportunities that focus on the development of instructional excellence, leadership, and character building.

To create a challenging and intellectually engaging curriculum within a (continued on sch. O) safe, nurturing environment by providing varied learning opportunities that focus on the development of instructional excellence, leadership, and character building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,319,340$34,034,193▲ $714,853
Cash and Non-Interest-Bearing Accounts$13,261,077$11,631,759▼ $1,629,318
Pledges and Grants Receivable$1,642,499$2,175,066▲ $532,567
Prepaid Expenses and Deferred Charges$41,243$86,778▲ $45,535
Other Notes and Loans Receivable, Net$15,210--
Total Assets$48,279,369$47,950,143▼ $329,226
Other Assets Total$0$22,347▲ $22,347
Liabilities
Tax Exempt Bond Liabilities$43,538,591$42,677,052▼ $861,539
Other Liabilities$2,489,302$2,542,914▲ $53,612
Mortgage Notes Payable Secured by Investment Property$441,131$640,000▲ $198,869
Accounts Payable and Accrued Expenses$247,112$120,226▼ $126,886
Total Liabilities$46,716,136$45,980,192▼ $735,944
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,563,233$1,969,951▲ $406,718
Total Net Assets Fund Balance$1,563,233$1,969,951▲ $406,718
Total Liabilities and Net Assets / Fund Balance$48,279,369$47,950,143▼ $329,226

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,111,363$5,584,439$29,695,802
Land$9,193,423-$9,193,423
Equipment$166,494$1,569,784$1,736,278
Other Land Buildings$562,913$989,706$1,552,619
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dianne HarrisCEO/superintendent (retired in 2022)FT$225,800$464,766$690,566
Dr Dana JobeSuperintendentFT$250,000$113,685$363,685
Janice BlackmonPresidentFT$200,351$47,860$248,211
Andrea ButcherCFOFT$150,667$40,343$191,010
Perkina Gross-dickersonAssit. COOFT$133,984$26,817$160,801
Sheraton DuffeyPrincipalFT$128,270$25,755$154,025

Board Members and Trustees

NameTitle
Diane MoshierMember
Dr Sharon GreggsMember
Sandra HallMember
Yolanda BrownMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Mjc Cleaning ServiceJanitorial7603 DENTCREST DR, Dallas, TX 75254$484,549
Paramount Educational Evaluation CoDiagnosticianPO BOX 1952, Desoto, TX 75115$251,086
American SynergyHvac Services6860 DALLAS PKWY SUITE 200, Plano, TX 75024$219,054
Revenue and Support

Revenue Composition

Contributions and Grants
$21,220,664
Program Service Revenue
$0
Investment Income
$309,766
Other Revenue
$36,383
Change in Net Assets
$406,718

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,566,813
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$21,566,813
Total Revenue per Form 990
$21,566,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,107,064
Other Expenses$8,053,031
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,281,332$263,091-$10,544,423
Interest-$2,838,753-$2,838,753
Fees for Services Other$502,444$1,483,801-$1,986,245
Current Officers, Directors, Trustees, and Key Employees$533,416$875,800-$1,409,216
Depreciation Depletion$137,856$1,018,328-$1,156,184
Pension Plan Contributions$598,952$46,464-$645,416
Occupancy-$329,420-$329,420
Other Employee Benefits$271,950$22,639-$294,589
Insurance$189,252$83,740-$272,992
Payroll Taxes$195,098$18,322-$213,420
Fees for Services Accounting-$60,959-$60,959
Fees for Services Legal-$60,227-$60,227
Travel$16,834$7,802-$24,636
Other Expenses$26,665$7,019-$7,019
Total Functional Expenses$13,726,054$7,434,041$0$21,160,095

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,160,095
Total Expenses per Audited Statements$21,160,095
Total Expenses per Form 990$21,160,095
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$1,409,616
Accrued Wages Payable$1,066,587
Accrued Liabilities$44,364
Operating Lease Liabilities$22,347

Bond Issues

BondIssuerIssuedIssue PricePurpose
AArlington Higher Education Finance Corporation2014-03-27$26,955,336CONSTRUCTION
BArlington Higher Education Finance Corporation2019-12-01$17,875,000CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$26,955,336$1,863,669-$357,500
B$17,875,000---

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
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
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 form 990 is reviewed by management prior to filing with the irs.”

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

“All members of the organization are required to disclose conflicts of interest as they arise. Relationships with third parties are reviewed annually.”

Form 990, Part VI, Section B, Line 15

“The board of directors determine top management salaries prior to hiring and/or advertising for the position. All necessary research is performed to ensure that compensation is comparable and adequate.”

Form 990, Part VI, Section C, Line 19

“Written request for information may be submitted to the principal address indicated on form 990.”

Filing and Contact Details

Filer

Filer Name
Ltts Charter School Inc
EIN
75-2739703
Phone
9722551800
Address
2616 N MACARTHUR BLVD, IRVING, TX 75062

Signing Officer

Name
Andrea Butcher
Title
CFO
Phone
9722551800
Signed
2024-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Butcher
Formed
1998
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
4
Employees
261
Volunteers
20

Preparer

Firm
Laporte Apac
Address
111 VETERANS MEMORIAL BLVD 600, METAIRIE, LA 70005-4958
Preparer
John S Wiles CPA
Phone
5048355522
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The organization has not changed its audit oversight process or its process for selecting an independent accountant from the prior year.”

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IRS990/Desc0UNIVERSAL ACADEMY IS AN OPEN ENROLLMENT CHARTER SCHOOL THAT WAS FOUNDED IN 1998. SINCE ITS INCEPTION UNIVERSAL ACADEMY CURRENTLY HAS TWO CAMPUS LOCATIONS (IRVING AND COPPELL TEXAS). TEXAS EDUCATION AGENCY GRANTED UNIVERSAL ACADEMY A 10- YEAR CHARTER RENEWAL IN 2022. UNIVERSAL ACADEMY ALSO RECEIVED TEXAS EDUCATION AGENCY'S APPROVAL FOR A SITE EXPANSION TO BARTONVILLE, TEXAS WITH AN EXCLUSIVE HIGH-QUALITY DESIGNATION. THE STUDENT ENROLLMENT FOR THE 2022-2023 SCHOOL YEAR WAS 2042 STUDENTS IN GRADES PRE-KINDERGARTEN - 12TH GRADE. UNIVERSAL ACADEMY IS THE FIRST AND ONLY CHARTER SCHOOL IN THE STATE OF TEXAS TO OFFER THE "WORLD-CLASS CAMBRIDGE CURRICULUM" AS AN OFFICIAL LICENSEE. UNIVERSAL ACADEMY HAS MAINTAINED ITS SUPERIOR ACADEMIC PROGRAM AND ITS TEXAS EDUCATION AGENCY "A" PERFORMANCE RATING FOR THE DISTRICT.
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IRS990/InterestGrp/TotalAmt02838753
IRS990/InvestmentIncomeGrp/ExclusionAmt0309766
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0309766
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt072
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08143929
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033319340
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034034193
IRS990/LandBldgEquipCostOrOtherBssAmt042178122
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE A CHALLENGING AND INTELLECTUALLY ENGAGING CURRICULUM WITHIN A SAFE, NURTURING ENVIRONMENT BY PROVIDING VARIED LEARNING OPPORTUNITIES THAT FOCUS ON THE DEVELOPMENT OF INSTRUCTIONAL EXCELLENCE, LEADERSHIP, AND CHARACTER BUILDING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0441131
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0640000
IRS990/NetAssetsOrFundBalancesBOYAmt01563233
IRS990/NetAssetsOrFundBalancesEOYAmt01969951
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0329420
IRS990/OccupancyGrp/TotalAmt0329420
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt022347
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022639
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0271950
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0294589
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2OPERATING LEASE EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0113097
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1132283
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt272296
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt37019
IRS990/OtherExpensesGrp/ProgramServicesAmt0647477
IRS990/OtherExpensesGrp/ProgramServicesAmt1324778
IRS990/OtherExpensesGrp/ProgramServicesAmt226665
IRS990/OtherExpensesGrp/TotalAmt0760574
IRS990/OtherExpensesGrp/TotalAmt1457061
IRS990/OtherExpensesGrp/TotalAmt298961
IRS990/OtherExpensesGrp/TotalAmt37019
IRS990/OtherLiabilitiesGrp/BOYAmt02489302
IRS990/OtherLiabilitiesGrp/EOYAmt02542914
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1IRS REFUND
IRS990/OtherRevenueMiscGrp/ExclusionAmt032099
IRS990/OtherRevenueMiscGrp/ExclusionAmt14284
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032099
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14284
IRS990/OtherRevenueTotalAmt036383
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0263091
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010281332
IRS990/OtherSalariesAndWagesGrp/TotalAmt010544423
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt015210
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018322
IRS990/PayrollTaxesGrp/ProgramServicesAmt0195098
IRS990/PayrollTaxesGrp/TotalAmt0213420
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt046464
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0598952
IRS990/PensionPlanContributionsGrp/TotalAmt0645416
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01642499
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02175066
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041243
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt086778
IRS990/PrincipalOfficerNm0ANDREA BUTCHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020527241
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0103398
IRS990/PYOtherExpensesAmt08265713
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1798423
IRS990/PYSalariesCompEmpBnftPaidAmt014163349
IRS990/PYTotalExpensesAmt022429062
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020630639
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0406718
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt024111363
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05584439
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt029695802
IRS990ScheduleD/EquipmentGrp/BookValueAmt0166494
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01569784
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01736278
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt021160095
IRS990ScheduleD/LandGrp/BookValueAmt09193423
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09193423
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0562913
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0989706
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01552619
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01409616
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11066587
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt222347
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt344364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt021566813
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034034193
IRS990ScheduleD/TotalExpensesPerForm990Amt021160095
IRS990ScheduleD/TotalLiabilityAmt02542914
IRS990ScheduleD/TotalRevenuePerForm990Amt021566813
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021566813
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt021160095
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/ExplanationTxt0LTTS CHARTER SCHOOL, INC. DOES NOT DISCRIMINATE IN ADMISSION BASED ON GENDER, NATIONAL ORIGIN, ETHNICITY, RELIGION, DISABILITY, ACADEMIC, ARTISTIC, OR ATHLETIC ABILITY, OR THE DISTRICT A CHILD WOULD OTHERWISE ATTEND.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE CHARTER SCHOOL RECEIVES FUNDS THROUGH STATE AND FEDERAL PROGRAMS THAT ARE GOVERNED BY VARIOUS STATUTES AND REGULATIONS. STATE PROGRAM FUNDING IS BASED PRIMARILY ON STUDENT ATTENDANCE DATA SUBMITTED TO THE TEXAS EDUCATION AGENCY AND IS SUBJECT TO AUDIT AND ADJUSTMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0225800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2200351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3150667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4133984
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5128270
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount182482
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount226000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount323250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount412052
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount511521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20

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Filings

Displayed year

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

Open filing
Assets
$47,950,143
Liabilities
$45,980,192
Net assets
$1,969,951
Revenue
$21,566,813
Expenses
$21,160,095
Net income
$406,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.5$45.3$1.18$22.0$22.8$0.79
2023Detailed filing. Detailed filing data is available for this year.$48.0$46.0$1.97$21.6$21.2$0.41
2023Detailed filing. Detailed filing data is available for this year.$48.0$46.0$1.97$21.6$21.2$0.41
2022Detailed filing. Detailed filing data is available for this year.$48.3$46.7$1.56$20.6$22.4$1.80
2021Detailed filing. Detailed filing data is available for this year.$51.2$47.8$3.36$26.3$21.6$4.69
2020Detailed filing. Detailed filing data is available for this year.$47.9$49.2$1.33$19.4$20.8$1.44
2019Detailed filing. Detailed filing data is available for this year.$30.0$29.6$0.46$19.5$19.4$0.09
2018Detailed filing. Detailed filing data is available for this year.$32.8$32.4$0.38$20.3$19.4$0.89
2017Detailed filing. Detailed filing data is available for this year.$29.8$30.3$0.51$17.9$18.0$0.10
2016Detailed filing. Detailed filing data is available for this year.$31.4$31.8$0.41$17.3$17.4$0.07
2015Detailed filing. Detailed filing data is available for this year.$30.9$31.2$0.34$15.4$17.4$1.96
2014Detailed filing. Detailed filing data is available for this year.$33.0$31.4$1.62$13.4$13.7$0.39
2013Summary only. Only limited summary data is available for this year.$2.46$0.45$2.01$11.8$11.7$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.42$1.91$11.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.35$1.37$13.1