Civic Intelligence

Brazos River Charter School and Crosstimbers Academy

990 • Fiscal year 2021 • EIN 75-2855334

Sep 01, 2020 to Aug 31, 2021 • Filed on Feb 07, 2022

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

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.20x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

31st percentile

2.6%

Higher net margin than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$140,099

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

53rd percentile

11%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

1.0%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,359,730

Up $329,193 (+11%) from 2020

Net Assets

Up

$2,443,999

Up $119,842 (+5.2%) from 2020

Liabilities

Up

$915,731

Up $209,351 (+30%) from 2020

Revenue

Up

$4,607,873

Up $46,636 (+1.0%) from 2020

Expenses

Up

$4,488,031

Up $179,525 (+4.2%) from 2020

Net Income

Down

$119,842

Down $132,889 (-53%) from 2020

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

2021

Assets$3,359,730
Liabilities$915,731
Net Assets$2,443,999

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

2021

Revenue$4,607,873
Expenses$4,488,031
Net Income$119,842
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Feb 7, 2022
Return Version
2020v4.2
Gross Receipts
$4,607,873
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$1,764,841$1,710,470▼ $54,371
Accounts Receivable$879,061$1,015,970▲ $136,909
Cash and Non-Interest-Bearing Accounts$136,255$428,602▲ $292,347
Land, Buildings, and Equipment, Net$246,882$196,703▼ $50,179
Prepaid Expenses and Deferred Charges-$4,487-
Total Assets$3,030,537$3,359,730▲ $329,193
Other Assets Total$3,498$3,498→ $0
Liabilities
Accounts Payable and Accrued Expenses$590,666$800,063▲ $209,397
Other Liabilities$115,714$115,668▼ $46
Total Liabilities$706,380$915,731▲ $209,351
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,322,308$2,442,150▲ $119,842
Net Assets Without Donor Restrictions$1,849$1,849→ $0
Total Net Assets Fund Balance$2,324,157$2,443,999▲ $119,842
Total Liabilities and Net Assets / Fund Balance$3,030,537$3,359,730▲ $329,193

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$134,493$565,737$700,230
Buildings$62,210$286,673$348,883
Equipment$0$41,283$41,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason R BuntingCFO/CEO/COO/superintendentFT$133,751$6,348$140,099

Board Members and Trustees

NameTitle
Jason D CrossBoard President
Jack B GrimesBoard Member
Amy R OlivarezBoard Secretary
Christopher J DorellBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,604,762
Investment Income
$3,111
Other Revenue
$0
Change in Net Assets
$119,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,607,873
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,607,873
Total Revenue per Form 990
$4,607,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,589,237
Other Expenses$898,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,760,155$86,662-$2,846,817
Occupancy$274,226$114,049-$388,275
Current Officers, Directors, Trustees, and Key Employees$260,886$93,751-$354,637
Other Employee Benefits$323,215$19,843-$343,058
Fees for Services Other$95,609$117,599-$213,208
Depreciation Depletion$50,179--$50,179
Payroll Taxes$41,725$3,000-$44,725
Insurance-$13,014-$13,014
Travel$2,943$913-$3,856
Other Expenses$2,977$11,684-$2,977
Total Functional Expenses$4,026,540$461,491$0$4,488,031

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,488,031
Total Expenses per Audited Statements$4,488,031
Total Expenses per Form 990$4,488,031
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$115,668
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 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 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
2022-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Bunting
Formed
2000
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
87
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 Appendix383 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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04488031
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0134493
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0565737
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0700230
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0115668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES AND OTHER WITHHOLDINGS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04607873
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0196703
IRS990ScheduleD/TotalExpensesPerForm990Amt04488031
IRS990ScheduleD/TotalLiabilityAmt0115668
IRS990ScheduleD/TotalRevenuePerForm990Amt04607873
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04607873
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04488031
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03030537
IRS990/TotalAssetsEOYAmt03359730
IRS990/TotalAssetsGrp/BOYAmt03030537
IRS990/TotalAssetsGrp/EOYAmt03359730
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt087
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0461491
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04026540
IRS990/TotalFunctionalExpensesGrp/TotalAmt04488031
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0706380
IRS990/TotalLiabilitiesEOYAmt0915731
IRS990/TotalLiabilitiesGrp/BOYAmt0706380
IRS990/TotalLiabilitiesGrp/EOYAmt0915731
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02324157
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02443999
IRS990/TotalOtherCompensationAmt06348
IRS990/TotalProgramServiceExpensesAmt04026540
IRS990/TotalProgramServiceRevenueAmt04604762
IRS990/TotalReportableCompFromOrgAmt0133751
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04607873
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04607873
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03030537
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03359730
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0913
IRS990/TravelGrp/ProgramServicesAmt02943
IRS990/TravelGrp/TotalAmt03856
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 949
IRS990/USAddress/CityNm0NEMO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0760700949
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.BRAZOSRIVERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON BUNTING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02548989226
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-07
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/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/PreparationDt02022-02-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S DELK
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-02-14T09:33:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JASON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BUNTING
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

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
2021Detailed filing. Detailed filing data is available for this year.$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
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits