ORGANIZATION'S PROCESS TO REVIEW FORM 990
“Form 990, part vi ,line 11b the form 990 is provided to the directors for review in electronic format prior to sending it to the irs.”
990 • Fiscal year 2022 • EIN 75-2822221
Scores are not available for this record yet.
Assets
$55,017,679
No earlier filing loaded for comparison.
Net Assets
$9,088,446
No earlier filing loaded for comparison.
Liabilities
$45,929,233
No earlier filing loaded for comparison.
Revenue
$1,268,755
No earlier filing loaded for comparison.
Expenses
$2,067,283
No earlier filing loaded for comparison.
Net Income
-$798,528
No earlier filing loaded for comparison.
The responsive ed community of schools are tuition-free, public charter schools dedicated to helping students of all ages achieve their potential. At responsive ed, we're all about options in education and include at-risk and former drop out students as well as college bound students. Strongly tied to the community, the mission of the school is to provide hope for students through an encouraging, innovative environment where they are academically successful and develop into lifelong learners.
The organizations are tuition-free, public charter schools dedicated to helping students of all ages achieve their potential.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $0 | $35,430,455 | ▲ $35,430,455 |
| Intangible Assets | $0 | $1,871,750 | ▲ $1,871,750 |
| Cash and Non-Interest-Bearing Accounts | $0 | $786,508 | ▲ $786,508 |
| Investments Other Securities | $0 | $200,000 | ▲ $200,000 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $10,000,000 | $55,017,679 | ▲ $45,017,679 |
| Other Assets Total | $10,000,000 | $16,728,966 | ▲ $6,728,966 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $0 | $38,990,000 | ▲ $38,990,000 |
| Accounts Payable and Accrued Expenses | $0 | $3,345,270 | ▲ $3,345,270 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $2,800,000 | ▲ $2,800,000 |
| Unsecured Notes Loans Payable | $0 | $793,963 | ▲ $793,963 |
| Grants Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Total Liabilities | $0 | $45,929,233 | ▲ $45,929,233 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $10,000,000 | $9,088,446 | ▼ $911,554 |
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $10,000,000 | $9,088,446 | ▼ $911,554 |
| Total Liabilities and Net Assets / Fund Balance | $10,000,000 | $55,017,679 | ▲ $45,017,679 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $18,821,265 | - | $18,821,265 |
| Buildings | $9,931,647 | $431,811 | $10,363,458 |
| Land | $6,677,543 | - | $6,677,543 |
| Other Assets Org | $9,999,900 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Chris Baumann | CBO & CLO | FT | $153,779 | $37,695 | $153,779 |
| Kalese Whitehurst | Chief of Staff | FT | $116,800 | $30,352 | $147,152 |
| Christian Cutter | Executive VP of Academics | FT | $118,325 | $32,467 | $118,325 |
| Charles Cook | CEO & Board Member | PT | $38,462 | $223,627 | $38,462 |
| Name | Title |
|---|---|
| Ben Klingenstein | Board President |
| Marvin Reynolds | Board Vice President |
| Joe Deprospero | Board Member |
| Lance Losey | Board Member |
| Kent Sparks | Board Secretary |
| James Taylor | CFO & CTO |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Closely Held Stock | 1 | $200,000 | Fair Market Value (FMV) |
| Total Noncash Contributions | 1 | $200,000 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,942,685 |
| Other Expenses | $124,598 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,483,795 | - | - | $1,483,795 |
| Other Employee Benefits | $266,649 | - | - | $266,649 |
| Current Officers, Directors, Trustees, and Key Employees | $192,241 | - | - | $192,241 |
| Occupancy | $93,231 | - | - | $93,231 |
| Fees for Services Other | - | $31,214 | - | $31,214 |
| Other Expenses | - | $153 | - | $153 |
| Total Functional Expenses | $2,035,916 | $31,367 | $0 | $2,067,283 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| C | Series 2021aterm Bonds | 2021-07-01 | $21,595,000 | Retire term debt and facility cons |
| A | Series 2020aterm Bonds | 2020-10-01 | $17,395,000 | Retire term debt and facility cons |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| C | $21,389,343 | $0 | $0 | $731,160 |
| A | $17,001,382 | $0 | $0 | $694,446 |
“Form 990, part vi ,line 11b the form 990 is provided to the directors for review in electronic format prior to sending it to the irs.”
“Form 990, part vi, line 12c conflicts policy is enforced by signed annual statements”
“Form 990, part vi, line 15a the organization's board of directors votes on all officer and key employee compensation after recommendations are presented.”
“Form 990, part vi, line 15b the organization's board of directors votes on all officer and key employee compensation after recommendations are presented.”
“Form 990, part vi, line 19 governing documents, policies, financial statements and the form 990 are available upon request.”
“Form 990, part xi, line 9 asset transfer ($113,026)”
“Responsive Education Solutions is exempt from income tax under IRC section 501(c)3 though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. ResponsiveEd Holdings, LLC is a disregarded entity and its earnings and losses are allocated to Responsive Education Solutions (single member) and are taxed based on Responsive Education Solutions' tax position and strategy.”
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/MissionDesc | 0 | THE RESPONSIVE ED COMMUNITY OF SCHOOLS ARE TUITION-FREE, PUBLIC CHARTER SCHOOLS DEDICATED TO HELPING STUDENTS OF ALL AGES ACHIEVE THEIR POTENTIAL. AT RESPONSIVE ED, WE'RE ALL ABOUT OPTIONS IN EDUCATION AND INCLUDE AT-RISK AND FORMER DROP OUT STUDENTS AS WELL AS COLLEGE BOUND STUDENTS. STRONGLY TIED TO THE COMMUNITY, THE MISSION OF THE SCHOOL IS TO PROVIDE HOPE FOR STUDENTS THROUGH AN ENCOURAGING, INNOVATIVE ENVIRONMENT WHERE THEY ARE ACADEMICALLY SUCCESSFUL AND DEVELOP INTO LIFELONG LEARNERS. |
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| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2800000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 10000000 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9088446 |
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| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 67980 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 67980 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 10000000 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 9088446 |
| IRS990/NoncashContributionsAmt | 0 | 200000 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 93231 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 93231 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 16728966 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -113026 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 266649 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 266649 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISC EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 153 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 153 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
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| IRS990/OtherRevenueTotalAmt | 0 | 0 |
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| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JAMES TAYLOR |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ADMIN FEES |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 697335 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
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| IRS990/PYOtherExpensesAmt | 0 | 0 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
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| IRS990/PYTotalExpensesAmt | 0 | 0 |
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| IRS990/PYTotalRevenueAmt | 0 | 0 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -798528 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | true |
| IRS990/RelatedOrganizationsAmt | 0 | 500000 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 67980 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 9931647 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 431811 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 10363458 |
| IRS990ScheduleD/FederalIncomeTaxLiabilityAmt | 0 | 0 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 6677543 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 6729066 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 9999900 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESTRICTED TRUST FUNDS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DUE FROM RELATED PARTIES |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Responsive Education Solutions is exempt from income tax under IRC section 501(c)3 though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. ResponsiveEd Holdings, LLC is a disregarded entity and its earnings and losses are allocated to Responsive Education Solutions (single member) and are taxed based on Responsive Education Solutions' tax position and strategy. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FIN 48 (ASC 740) |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 35430455 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 16728966 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990, SCHEDULE E, PART I, LINE 3 IT IS THE POLICY OF RESPONSIVE ED TO PROHIBIT DISCRIMINATION IN STUDENT ADMISSION ON THE BASIS OF SEX, NATIONAL ORIGIN, ETHNICITY, RELIGION, DISABILITY, ACADEMIC, ARTISTIC OR ATHLETIC ABILITY OR THE DISTRICT THE STRUDENT WOULD OTHERWISE ATTEND IN ACCORDANCE WITH THE TEXAS EDUCATION CODE, EXCEPT THAT RESPONSIVE ED HAS PROVIDED FOR THE EXCLUSION OF STUDENTS WITH A DOCUMENTED HISTORY OF A CRIMINAL OFFENSE, A JUVENLIE COURT ADJUDICATION OR DISCIPLINE PROBLEMS UNDER SUB CHAPTER A, CHAPTER 37. SEE TEXAS ED CODE 12.111 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 153779 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 118325 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 223627 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 37695 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 32467 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 3 | 180062 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | CHARLES COOK |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | CHRIS BAUMANN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | CHRISTIAN CUTTER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 3 | JAMES TAYLOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO & BOARD MEMBER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | CBO & CLO |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $60.5 | $43.5 | $17.0 | $7.58 | $6.32 | $1.25 |
| 2023Detailed filing. Detailed filing data is available for this year. | $60.7 | $44.9 | $15.8 | $9.10 | $2.41 | $6.69 |
| 2022Detailed filing. Detailed filing data is available for this year. | $55.0 | $45.9 | $9.09 | $1.27 | $2.07 | $0.80 |