Civic Intelligence

Brazos River Charter School and Crosstimbers Academy

990 • Fiscal year 2017 • EIN 75-2855334

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 03, 2018

PO Box 949Nemo, TX 76070-0949

(254) 898-9226

Siviq Scores

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

Liabilities / Assets

75th percentile

0.38x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.23x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

-3.9%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

74th percentile

$113,162

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

82nd percentile

23%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-5.9%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,894,112

Up $350,682 (+23%) from 2016

Net Assets

Down

$1,168,350

Down $124,654 (-9.6%) from 2016

Liabilities

Up

$725,762

Up $475,336 (+190%) from 2016

Revenue

Down

$3,171,784

Down $198,417 (-5.9%) from 2016

Expenses

Up

$3,296,438

Up $193,975 (+6.3%) from 2016

Net Income

Down

-$124,654

Down $392,392 (-147%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,236,814Liabilities 2011: $133,249Net Assets 2011: $1,103,5652011Assets 2012: $1,305,643Liabilities 2012: $162,882Net Assets 2012: $1,142,7612012Assets 2013: $1,198,668Liabilities 2013: $278,478Net Assets 2013: $920,1892013Assets 2014: $1,190,638Liabilities 2014: $248,611Net Assets 2014: $942,0262014Assets 2015: $1,272,905Liabilities 2015: $247,639Net Assets 2015: $1,025,2652015Assets 2016: $1,543,430Liabilities 2016: $250,426Net Assets 2016: $1,293,0042016Assets 2017: $1,894,112Liabilities 2017: $725,762Net Assets 2017: $1,168,3502017Assets 2018: $2,337,412Liabilities 2018: $698,443Net Assets 2018: $1,638,9692018Assets 2019: $2,759,945Liabilities 2019: $688,520Net Assets 2019: $2,071,4252019Assets 2020: $3,030,537Liabilities 2020: $706,380Net Assets 2020: $2,324,1572020Assets 2021: $3,359,730Liabilities 2021: $915,731Net Assets 2021: $2,443,9992021Assets 2022: $3,288,299Liabilities 2022: $703,275Net Assets 2022: $2,585,0242022Assets 2023: $3,554,266Liabilities 2023: $421,439Net Assets 2023: $3,132,8272023Assets 2025: $3,444,956Liabilities 2025: $737,057Net Assets 2025: $2,707,8992025

Highlighted filing

2017

Assets$1,894,112
Liabilities$725,762
Net Assets$1,168,350

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,674,971Expenses 2011: $2,705,283Net Income 2011: -$30,3122011Revenue 2012: $3,004,190Expenses 2012: $2,963,753Net Income 2012: $40,4372012Revenue 2013: $2,825,265Expenses 2013: $3,047,837Net Income 2013: -$222,5722013Revenue 2014: $2,985,882Expenses 2014: $2,964,044Net Income 2014: $21,8382014Revenue 2015: $3,099,495Expenses 2015: $3,016,257Net Income 2015: $83,2382015Revenue 2016: $3,370,201Expenses 2016: $3,102,463Net Income 2016: $267,7382016Revenue 2017: $3,171,784Expenses 2017: $3,296,438Net Income 2017: -$124,6542017Revenue 2018: $3,599,492Expenses 2018: $3,128,873Net Income 2018: $470,6192018Revenue 2019: $3,985,929Expenses 2019: $3,553,473Net Income 2019: $432,4562019Revenue 2020: $4,561,237Expenses 2020: $4,308,506Net Income 2020: $252,7312020Revenue 2021: $4,607,873Expenses 2021: $4,488,031Net Income 2021: $119,8422021Revenue 2022: $4,267,715Expenses 2022: $4,126,690Net Income 2022: $141,0252022Revenue 2023: $3,364,864Expenses 2023: $3,023,171Net Income 2023: $341,6932023Revenue 2025: $2,474,189Expenses 2025: $2,599,654Net Income 2025: -$125,4652025

Highlighted filing

2017

Revenue$3,171,784
Expenses$3,296,438
Net Income-$124,654
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 3, 2018
Return Version
2016v3.0
Gross Receipts
$3,171,784
Mission and Program Overview

Mission

The school provides an equitable opportunity for students to acquire a sound academic and career focused education. Graduates shall enter the global labor force with marketable skills, embracing a positive work ethic.

To ensure an environment of safety, respect and accountability while students prepare to improve quality of life. The school provides an equitable opportunity for students to acquire a sound academic and career focused education. Graduates shall enter the global labor force with marketable skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,002,464$1,002,464→ $0
Accounts Receivable$189,576$578,457▲ $388,881
Cash and Non-Interest-Bearing Accounts$161,879$165,631▲ $3,752
Land, Buildings, and Equipment, Net$186,013$144,062▼ $41,951
Total Assets$1,543,430$1,894,112▲ $350,682
Other Assets Total$3,498$3,498→ $0
Liabilities
Accounts Payable and Accrued Expenses$192,965$592,640▲ $399,675
Other Liabilities$57,461$133,122▲ $75,661
Total Liabilities$250,426$725,762▲ $475,336
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,290,738$1,166,501▼ $124,237
Unrestricted Net Assets$2,266$1,849▼ $417
Total Net Assets Fund Balance$1,293,004$1,168,350▼ $124,654
Total Liabilities and Net Assets / Fund Balance$1,543,430$1,894,112▲ $350,682

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$60,113$510,570$570,683
Leasehold Improvements$83,949$230,834$314,783
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason R BuntingCFO/CEO/COO/superintendentFT$108,950$4,212$113,162

Board Members and Trustees

NameTitle
Jason D CrossBoard President
Amy R OlivarezBoard Secretary
Christopher J DorellBoard Tressurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,696
Program Service Revenue
$3,081,197
Investment Income
$2,891
Other Revenue
$0
All Other Contributions
$87,696
Change in Net Assets
$-124,654

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,171,784
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,171,784
Total Revenue per Form 990
$3,171,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,661,932
Other Expenses$634,506
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,077,665$54,475-$2,132,140
Other Employee Benefits$314,577$12,557-$327,134
Occupancy$311,607--$311,607
Current Officers, Directors, Trustees, and Key Employees$54,475$54,475-$108,950
Fees for Services Other$41,763$38,413-$80,176
Payroll Taxes$60,706$2,464-$63,170
Fees for Services Accounting$42,006$16,372-$58,378
Depreciation Depletion-$41,951-$41,951
Pension Plan Contributions$29,166$1,372-$30,538
Office Expenses-$10,372-$10,372
Travel$9,483$411-$9,894
Insurance-$8,743-$8,743
Other Expenses$990$1,915-$2,905
Fees for Services Legal-$1,160-$1,160
Total Functional Expenses$3,044,446$251,992$0$3,296,438

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,296,437
Total Expenses per Audited Statements$3,296,437
Total Expenses per Form 990$3,296,437
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
Payroll Taxes and Other Withholdings Payable$133,122
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Part VI, Section B, Line 11B

The board of directors meets to approve the form 990 filing.

Form 990, Part VI, Section B, Line 15

The board approves all salaries of officers and key employees.

Form 990, Part VI, Section C, Line 19

All governing documents, form 990 filings, financial statements and policies are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Brazos River Charter School and
EIN
75-2855334
Phone
2548989226
Address
PO BOX 949, NEMO, TX 76070-0949

Signing Officer

Name
Jason Bunting
Title
CEO
Phone
2548989226
Signed
2018-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Bunting
Formed
2000
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
78
Volunteers
0

Preparer

Firm
Gregory S Delk CPA
Address
100 ALLENTOWN PKWY SUITE 202, ALLEN, TX 75002-4216
Preparer
Gregory S Delk
Phone
4696753072
Supplemental Narrative

Additional Explanations

Part XII, Question 2C

There have been no changes in the procedures for the audit or the procurement of professional services over the years.

Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144062
IRS990ScheduleD/TotalExpensesPerForm990Amt03296437
IRS990ScheduleD/TotalLiabilityAmt0133122
IRS990ScheduleD/TotalRevenuePerForm990Amt03171784
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03171784
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03296437
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/ExplanationTxt0AS A STATE OF TEXAS PUBLIC SCHOOL THE ORGANIZATION IS ALLOCATED ITS SHARE OF PUBLIC SCHOOL FUNDING FROM THE STATE AND IS AWARDED THE NORMAL FEDERAL EDUCATION GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS MEETS TO APPROVE THE FORM 990 FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD APPROVES ALL SALARIES OF OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, FORM 990 FILINGS, FINANCIAL STATEMENTS AND POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES IN THE PROCEDURES FOR THE AUDIT OR THE PROCUREMENT OF PROFESSIONAL SERVICES OVER THE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, QUESTION 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01290738
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01166501
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01543430
IRS990/TotalAssetsEOYAmt01894112
IRS990/TotalAssetsGrp/BOYAmt01543430
IRS990/TotalAssetsGrp/EOYAmt01894112
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt087696
IRS990/TotalEmployeeCnt078
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0251992
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03044446
IRS990/TotalFunctionalExpensesGrp/TotalAmt03296438
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0250426
IRS990/TotalLiabilitiesEOYAmt0725762
IRS990/TotalLiabilitiesGrp/BOYAmt0250426
IRS990/TotalLiabilitiesGrp/EOYAmt0725762
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01293004
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01168350
IRS990/TotalOtherCompensationAmt04212
IRS990/TotalProgramServiceExpensesAmt03044446
IRS990/TotalProgramServiceRevenueAmt03081197
IRS990/TotalReportableCompFromOrgAmt0108950
IRS990/TotalRevenueGrp/ExclusionAmt02891
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03081197
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03171784
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01543430
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01894112
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0411
IRS990/TravelGrp/ProgramServicesAmt09483
IRS990/TravelGrp/TotalAmt09894
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02266
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01849
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 949
IRS990/USAddress/CityNm0NEMO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0760700949
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BRAZOSRIVERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON BUNTING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02548989226
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRAZOS RIVER CHARTER SCHOOL AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CROSSTIMBERS ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0BRAZ
ReturnHeader/Filer/EIN0752855334
ReturnHeader/Filer/PhoneNum02548989226
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 949
ReturnHeader/Filer/USAddress/CityNm0NEMO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0760700949
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId050A767946D5F7F7B07E071ACEBB42432216E0A2E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId016474CB8EE6EE01D8BA209AC611A27D65F136FE8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.42.74.34
ReturnHeader/FilingSecurityInformation/IPDt02018-07-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:54:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752835768
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREGORY S DELK CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 ALLENTOWN PKWY SUITE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750024216
ReturnHeader/PreparerPersonGrp/PhoneNum04696753072
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S DELK
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-07-06T16:12:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.74$2.71$2.47$2.60$0.13
2023Summary only. Only limited summary data is available for this year.$3.55$0.42$3.13$3.36$3.02$0.34
2022Summary only. Only limited summary data is available for this year.$3.29$0.70$2.59$4.27$4.13$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.92$2.44$4.61$4.49$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.71$2.32$4.56$4.31$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.69$2.07$3.99$3.55$0.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.70$1.64$3.60$3.13$0.47
2017Detailed filing. Detailed filing data is available for this year.$1.89$0.73$1.17$3.17$3.30$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.25$1.29$3.37$3.10$0.27
2015Summary only. Only limited summary data is available for this year.$1.27$0.25$1.03$3.10$3.02$0.08
2014Summary only. Only limited summary data is available for this year.$1.19$0.25$0.94$2.99$2.96$0.02
2013Summary only. Only limited summary data is available for this year.$1.20$0.28$0.92$2.83$3.05$0.22
2012Summary only. Only limited summary data is available for this year.$1.31$0.16$1.14$3.00$2.96$0.04
2011Summary only. Only limited summary data is available for this year.$1.24$0.13$1.10$2.67$2.71$0.03