Civic Intelligence

Aristoi Classical Academy Inc.

990 • Fiscal year 2020 • EIN 76-0495959

Sep 01, 2019 to Aug 31, 2020 • Filed on Apr 30, 2021

5618 Eleventh StreetKaty, TX 77493

(281) 391-5003

Siviq Scores

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

Liabilities / Assets

81st percentile

0.68x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

1.29x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

47th percentile

3.4%

Higher net margin than 47% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$99,538

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

56th percentile

9.2%

Faster asset growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

7.8%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$18,008,815

Up $1,509,927 (+9.2%) from 2019

Net Assets

Up

$5,798,288

Up $319,998 (+5.8%) from 2019

Liabilities

Up

$12,210,527

Up $1,189,929 (+11%) from 2019

Revenue

Up

$9,467,882

Up $685,973 (+7.8%) from 2019

Expenses

Up

$9,147,884

Up $1,357,163 (+17%) from 2019

Net Income

Down

$319,998

Down $671,190 (-68%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $2,376,051Liabilities 2011: $3,239,030Net Assets 2011: -$862,9792011Assets 2012: $2,419,836Liabilities 2012: $2,997,543Net Assets 2012: -$577,7072012Assets 2013: $2,191,783Liabilities 2013: $1,406,511Net Assets 2013: $785,2722013Assets 2014: $2,644,361Liabilities 2014: $1,198,890Net Assets 2014: $1,445,4712014Assets 2015: $2,366,953Liabilities 2015: $165,391Net Assets 2015: $2,201,5622015Assets 2016: $7,522,259Liabilities 2016: $4,591,207Net Assets 2016: $2,931,0522016Assets 2017: $12,578,368Liabilities 2017: $8,755,632Net Assets 2017: $3,822,7362017Assets 2018: $15,511,203Liabilities 2018: $11,024,101Net Assets 2018: $4,487,1022018Assets 2019: $16,498,888Liabilities 2019: $11,020,598Net Assets 2019: $5,478,2902019Assets 2020: $18,008,815Liabilities 2020: $12,210,527Net Assets 2020: $5,798,2882020Assets 2021: $20,662,039Liabilities 2021: $14,231,348Net Assets 2021: $6,430,6912021Assets 2022: $20,519,950Liabilities 2022: $13,234,956Net Assets 2022: $7,284,9942022Assets 2023: $19,970,240Liabilities 2023: $12,852,566Net Assets 2023: $7,117,6742023Assets 2024: $21,125,435Liabilities 2024: $13,559,774Net Assets 2024: $7,565,6612024

Highlighted filing

2020

Assets$18,008,815
Liabilities$12,210,527
Net Assets$5,798,288

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,507,7792011Expenses 2012: $2,237,2312012Expenses 2013: $2,046,1312013Revenue 2014: $3,448,912Expenses 2014: $2,788,713Net Income 2014: $660,1992014Revenue 2015: $4,464,130Expenses 2015: $3,708,039Net Income 2015: $756,0912015Revenue 2016: $5,363,349Expenses 2016: $4,633,859Net Income 2016: $729,4902016Revenue 2017: $6,577,416Expenses 2017: $5,685,732Net Income 2017: $891,6842017Revenue 2018: $7,645,470Expenses 2018: $6,746,339Net Income 2018: $899,1312018Revenue 2019: $8,781,909Expenses 2019: $7,790,721Net Income 2019: $991,1882019Revenue 2020: $9,467,882Expenses 2020: $9,147,884Net Income 2020: $319,9982020Revenue 2021: $12,715,494Expenses 2021: $11,488,115Net Income 2021: $1,227,3792021Revenue 2022: $14,658,818Expenses 2022: $13,804,515Net Income 2022: $854,3032022Revenue 2023: $14,636,252Expenses 2023: $14,803,572Net Income 2023: -$167,3202023Revenue 2024: $16,777,544Expenses 2024: $16,239,375Net Income 2024: $538,1692024

Highlighted filing

2020

Revenue$9,467,882
Expenses$9,147,884
Net Income$319,998
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Apr 30, 2021
Return Version
2019v5.2
Gross Receipts
$9,467,882
Mission and Program Overview

Mission

Our mission is to provide our students with an academically challenging classical liberal arts education that encourages them to develop a passion for learning that gives them the means to become responsible citizens of virtuous character.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,278,902$10,997,471▼ $281,431
Cash and Non-Interest-Bearing Accounts$2,918,759$4,541,276▲ $1,622,517
Savings and Temporary Cash Investments$1,440,179$1,532,480▲ $92,301
Pledges and Grants Receivable$851,026$927,888▲ $76,862
Prepaid Expenses and Deferred Charges$9,700$9,700→ $0
Accounts Receivable$322$0▼ $322
Total Assets$16,498,888$18,008,815▲ $1,509,927
Liabilities
Tax Exempt Bond Liabilities$10,395,672$10,291,742▼ $103,930
Other Liabilities$0$1,034,348▲ $1,034,348
Accounts Payable and Accrued Expenses$624,926$884,437▲ $259,511
Total Liabilities$11,020,598$12,210,527▲ $1,189,929
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,868,896$4,013,347▲ $144,451
Net Assets Without Donor Restrictions$1,609,394$1,784,941▲ $175,547
Total Net Assets Fund Balance$5,478,290$5,798,288▲ $319,998
Total Liabilities and Net Assets / Fund Balance$16,498,888$18,008,815▲ $1,509,927

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,089,180$2,030,833-
Other Land Buildings$13,826$7,318-
Land$3,805,756--
Equipment$88,709$161,484-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda DavidsonSuperintendentFT$88,180$11,358$99,538
Julie CraigBoard Secretary-$49,388$3,837$53,225

Board Members and Trustees

NameTitle
Lucina BotondBoard President
Richard WilliamsBoard Vice President
Andy HovisBoard Member
Gary FergusonBoard Member
Adriana CoxBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Abilities Therapy And ConsultingSpecial Education13918 SAINT MARYS LANE, Houston, TX 77079$113,345
Specialized Assessment Consulting LLCSpecial Education11301 FALLBROOK SUITE 220, Houston, TX 77065$111,824
Revenue and Support

Revenue Composition

Contributions and Grants
$150,772
Program Service Revenue
$9,292,135
Investment Income
$24,975
Other Revenue
$0
All Other Contributions
$150,772
Change in Net Assets
$319,998

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,467,882
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,467,882
Total Revenue per Form 990
$9,467,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,915,471
Other Expenses$4,232,413
Total Fundraising Expense$278,437
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,932,377$884,785$98,309$4,915,471
Occupancy$144,427$808,791$9,628$962,846
All Other Expenses$289,117$280,942$144,188$714,247
Depreciation Depletion$52,402$293,452$3,494$349,348
Other Expenses$79,039$155,683$4,791$239,513
Travel$2,454$342$58$2,854
Total Functional Expenses$5,957,449$2,911,998$278,437$9,147,884

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,147,884
Total Expenses per Audited Statements$9,147,884
Total Expenses per Form 990$9,147,884
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Julie CraigBoard SecretaryAristoi Academy TeacherNo$49,833
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$1,034,348

Bond Issues

BondIssuerIssuedIssue PricePurpose
APottsboro Higher Education Finance Corporation2016-02-01$10,725,000FACILITIES CONSTRUCTION
BPottsboro Higher Education Finance Corporation2016-02-01$405,000FACILITIES CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

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
Yes
Corrective action procedures
No
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
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 full board reviews and approves the form 990 and a motion is then put forth authorizing the form 990 to be signed by the board president and filed with the irs.

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

All board members complete a questionnaire annually.

Form 990, Part VI, Section C, Line 19

All documents are available on-demand or on the website.

Filing and Contact Details

Filer

Filer Name
Aristoi Classical Academy Inc
EIN
76-0495959
Phone
2813915003
Address
5618 ELEVENTH STREET, KATY, TX 77493

Signing Officer

Name
Lucina Botond
Title
President
Phone
2813915003
Signed
2021-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucina Botond
Formed
1996
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
166
Volunteers
44

Preparer

Firm
Whitley Penn Llp
Address
600 GULF FREEWAY STE 226, TEXAS CITY, TX 77591
Preparer
Lydia Inaba Cook
Phone
4099484406
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Data processing services: program service expenses 62,176. Management and general expenses 122,468. Fundraising expenses 3,769. Total expenses 188,413. Fundraising: program service expenses 0. Management and general expenses 0. Fundraising expenses 132,554. Total expenses 132,554. Curriculum / staff development: program service expenses 70,430. Management and general expenses 15,847. Fundraising expenses 1,760. Total expenses 88,037. Health services: program service expenses 26,283. Management and general expenses 51,770. Fundraising expenses 1,593. Total expenses 79,646. Instructional leadership: program service expenses 62,291. Management and general expenses 14,016. Fundraising expenses 1,557. Total expenses 77,864. Guidance counseling & evaluation services: program service expenses 25,602. Management and general expenses 50,428. Fundraising expenses 1,552. Total expenses 77,582. Security and monitoring services: program service expenses 11,023. Management and general expenses 21,713. Fundraising expenses 668. Total expenses 33,404. Extracurricular activities: program service expenses 27,442. Management and general expenses 3,829. Fundraising expenses 638. Total expenses 31,909. Instructional resources and media services: program service expenses 3,870. Management and general expenses 871. Fundraising expenses 97. Total expenses 4,838.

Form 990, Part XII, Line 2C

Aristoi classical academy has a budget and finance committee that consists of the board president, board treasurer, superintendent and business manager that assumes responsibility for oversight of the audit and selection of an independent accountant.

Form 990, Part X, Line 25

The academy was granted a $1,034,348 loan under the paycheck protection program ("ppp") administered by a small business administration (sba) approved partner. The loan is uncollateralized and is fully granted by the federal government. The academy is eligible for loan forgiveness of up to 100% of the loan, upon meeting certain requirements.

Financial Statement Notes

PART X, LINE 2:

The academy did not conduct any unrelated business activities in the current fiscal year. Therefore, the academy has made no provision for federal income taxes in the accompanying financial statements.

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IRS990/Desc0THE SCHOOL SUCCESSFULLY PROVIDED A CLASSICAL LIBERAL ARTS EDUCATION FOCUSING ON THE CLASSICAL IDEAS OF TRUTH, GOODNESS, AND BEAUTY TO OVER 920 STUDENTS WHILE STILL ACHIEVING ALL OF THE STATE AND FEDERALLY MANDATED ACADEMIC STANDARDS.
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01784941
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt09628
IRS990/OccupancyGrp/ManagementAndGeneralAmt0808791
IRS990/OccupancyGrp/ProgramServicesAmt0144427
IRS990/OccupancyGrp/TotalAmt0962846
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DEBT SERVICES
IRS990/OtherExpensesGrp/Desc1SCHOOL LEADERSHIP
IRS990/OtherExpensesGrp/Desc2GENERAL ADMINISTRATION
IRS990/OtherExpensesGrp/Desc3FOOD SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt013619
IRS990/OtherExpensesGrp/FundraisingAmt14350
IRS990/OtherExpensesGrp/FundraisingAmt24791
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0122570
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1365433
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2155683
IRS990/OtherExpensesGrp/ProgramServicesAmt0847620
IRS990/OtherExpensesGrp/ProgramServicesAmt1544757
IRS990/OtherExpensesGrp/ProgramServicesAmt265256
IRS990/OtherExpensesGrp/ProgramServicesAmt379039
IRS990/OtherExpensesGrp/TotalAmt0847620
IRS990/OtherExpensesGrp/TotalAmt1680946
IRS990/OtherExpensesGrp/TotalAmt2435039
IRS990/OtherExpensesGrp/TotalAmt3239513
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01034348
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt098309
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0884785
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03932377
IRS990/OtherSalariesAndWagesGrp/TotalAmt04915471
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0851026
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0927888
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09700
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09700
IRS990/PrincipalOfficerNm0LUCINA BOTOND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/BusinessCd4611110
IRS990/ProgramServiceRevenueGrp/Desc0STATE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1IDEA PART B
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc3ESEA TITLE I, II, III
IRS990/ProgramServiceRevenueGrp/Desc4TITLE IV, PART A, SUBP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08534532
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1474149
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2153271
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt368728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt442794
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08534532
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1474149
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2153271
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt368728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt442794
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0319164
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042128
IRS990/PYOtherExpensesAmt03642654
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08420617
IRS990/PYRevenuesLessExpensesAmt0991188
IRS990/PYSalariesCompEmpBnftPaidAmt04148067
IRS990/PYTotalExpensesAmt07790721
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08781909
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0319998
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09292335
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01440179
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01532480
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07089180
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02030833
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt09120013
IRS990ScheduleD/EquipmentGrp/BookValueAmt088709
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0161484
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0250193
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09147884
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03805756
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt03805756
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013826
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07318
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt021144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01034348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYCHECK PROTECTION PROGRAM LOAN
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09467882
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES IN THE CURRENT FISCAL YEAR. THEREFORE, THE ACADEMY HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010997471
IRS990ScheduleD/TotalExpensesPerForm990Amt09147884
IRS990ScheduleD/TotalLiabilityAmt01034348
IRS990ScheduleD/TotalRevenuePerForm990Amt09467882
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09467882
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09147884
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/ExplanationTxt0YES, THE SCHOOL MAKES IT CLEAR IN ALL ADVERTISING AND ENROLLMENT LITERATURE THAT THE SCHOOL DOES NOT DISCRIMINATE IN ANY WAY. THE SCHOOL IS A CAMPUS-WIDE TITLE I SCHOOL AND IS PROHIBITED BY LAW FROM DISCRIMINATING. THIS INFORMATION IS AVAILABLE IN SCHOOL ENROLLMENT LITERATURE AND ON THE WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC SCHOOL, ACA RECEIVES MOST OF ITS OPERATING REVENUE FROM GOVERNMENTAL AGENCIES, PRIMARILY THE STATE OF TEXAS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-02-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12016-02-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0464641562
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1464641562
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0738222AA6
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1738222AC2
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010725000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1405000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0POTTSBORO HIGHER EDUCATION FINANCE CORPORATION
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1POTTSBORO HIGHER EDUCATION FINANCE CORPORATION
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0FACILITIES CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1FACILITIES CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.1$13.6$7.57$16.8$16.2$0.54
2023Detailed filing. Detailed filing data is available for this year.$20.0$12.9$7.12$14.6$14.8$0.17
2022Detailed filing. Detailed filing data is available for this year.$20.5$13.2$7.28$14.7$13.8$0.85
2021Detailed filing. Detailed filing data is available for this year.$20.7$14.2$6.43$12.7$11.5$1.23
2020Detailed filing. Detailed filing data is available for this year.$18.0$12.2$5.80$9.47$9.15$0.32
2019Detailed filing. Detailed filing data is available for this year.$16.5$11.0$5.48$8.78$7.79$0.99
2018Detailed filing. Detailed filing data is available for this year.$15.5$11.0$4.49$7.65$6.75$0.90
2017Detailed filing. Detailed filing data is available for this year.$12.6$8.76$3.82$6.58$5.69$0.89
2016Detailed filing. Detailed filing data is available for this year.$7.52$4.59$2.93$5.36$4.63$0.73
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.17$2.20$4.46$3.71$0.76
2014Detailed filing. Detailed filing data is available for this year.$2.64$1.20$1.45$3.45$2.79$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$1.41$0.79$2.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$3.00$0.58$2.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$3.24$0.86$2.51