Civic Intelligence

Aristoi Classical Academy Inc.

990 • Fiscal year 2023 • EIN 76-0495959

Sep 01, 2022 to Aug 31, 2023 • Filed on Apr 05, 2024

5610 Morton RdKaty, TX 77493

(281) 391-5003

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.64x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.88x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

34th percentile

-1.1%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

32nd percentile

$134,700

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

20th percentile

-2.7%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

-0.2%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$19,970,240

Down $549,710 (-2.7%) from 2022

Net Assets

Down

$7,117,674

Down $167,320 (-2.3%) from 2022

Liabilities

Down

$12,852,566

Down $382,390 (-2.9%) from 2022

Revenue

Down

$14,636,252

Down $22,566 (-0.2%) from 2022

Expenses

Up

$14,803,572

Up $999,057 (+7.2%) from 2022

Net Income

Down

-$167,320

Down $1,021,623 (-120%) from 2022

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

2023

Assets$19,970,240
Liabilities$12,852,566
Net Assets$7,117,674

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

2023

Revenue$14,636,252
Expenses$14,803,572
Net Income-$167,320
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Apr 5, 2024
Return Version
2022v5.0
Gross Receipts
$14,636,252
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$11,405,516$11,210,217▼ $195,299
Cash and Non-Interest-Bearing Accounts$3,820,695$3,768,200▼ $52,495
Pledges and Grants Receivable$1,890,452$1,740,628▼ $149,824
Savings and Temporary Cash Investments$1,544,208$1,596,668▲ $52,460
Intangible Assets$1,859,079$1,594,527▼ $264,552
Accounts Receivable$0$60,000▲ $60,000
Total Assets$20,519,950$19,970,240▼ $549,710
Liabilities
Tax Exempt Bond Liabilities$12,244,456$11,915,779▼ $328,677
Accounts Payable and Accrued Expenses$990,500$936,787▼ $53,713
Total Liabilities$13,234,956$12,852,566▼ $382,390
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,475,763$4,089,839▲ $614,076
Net Assets With Donor Restrictions$3,809,231$3,027,835▼ $781,396
Total Net Assets Fund Balance$7,284,994$7,117,674▼ $167,320
Total Liabilities and Net Assets / Fund Balance$20,519,950$19,970,240▼ $549,710

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,366,875$3,097,856$10,464,731
Land$3,809,555-$3,809,555
Equipment$30,330$219,863$250,193
Other Land Buildings$3,457$13,825$17,282
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda DavidsonSuperintendentFT$132,000$2,700$134,700

Board Members and Trustees

NameTitle
Lucina BotondPresident
Andy HovisVice President
Adriana CoxDirector
Barbara HavlikDirector
Wendy ClarkDirector
Laura GillespieSecretary
David LightTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Abilities Therapy And ConsultingSpecial Education/speech/dyslexia13918 SAINT MARYS LANE, Houston, TX 77079$191,246
Revenue and Support

Revenue Composition

Contributions and Grants
$551,708
Program Service Revenue
$14,022,176
Investment Income
$62,368
Other Revenue
$0
All Other Contributions
$551,708
Change in Net Assets
$-167,320

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,636,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$14,636,252
Total Revenue per Form 990
$14,636,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,758,932
Other Expenses$5,044,640
Total Fundraising Expense$315,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,937,203$920,751$110,555$8,968,509
Fees for Services Other$647,085$307,237$173,658$1,127,980
Interest-$826,349-$826,349
Depreciation Depletion-$669,214-$669,214
Occupancy-$626,777-$626,777
Pension Plan Contributions$374,325$43,423$5,214$422,962
Other Employee Benefits$206,896$24,001$2,882$233,779
Fees for Services Accounting-$228,555-$228,555
Payroll Taxes$118,310$13,724$1,648$133,682
Travel-$101,562-$101,562
Insurance-$100,280-$100,280
Fees for Services Legal-$90,281-$90,281
Information Technology-$76,000-$76,000
Other Expenses$90,039-$21,045$21,045
All Other Expenses$14,415--$14,415
Conferences and Meetings-$13,174-$13,174
Advertising-$2,151-$2,151
Total Functional Expenses$10,445,091$4,043,479$315,002$14,803,572

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,803,572
Total Expenses per Audited Statements$14,803,572
Total Expenses per Form 990$14,803,572
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

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
No
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
5610 MORTON RD, KATY, TX 77493

Signing Officer

Name
Lucina Botond
Title
President
Phone
2813915003
Signed
2024-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucina Botond
Formed
1996
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
260
Volunteers
136

Preparer

Firm
Whitley Penn Llp
Address
640 TAYLOR STREET SUITE 2200, FT WORTH, TX 76102
Preparer
Emily Landry
Phone
8172599100
Supplemental Narrative

Additional Explanations

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. The budget committee reviews the audit. The full board reviews and approves the audit, and selects the independent accountant.

Financial Statement Notes

PART X, LINE 2:

The academy is a nonprofit corporation that is exempt from federal income taxes under section 501(c)(3) of the u.s. Internal revenue code ("the code") and comparable state of texas law. 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. The academy has also been classified as a publicly supported academy, which is not a private foundation under section 509(a) of the code. Accordingly, contributions to the academy are tax deductible within the limitations prescribed by the code. The academy applies the provisions of fasb asc topic 740, income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Fasb asc topic 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The academy believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the 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 1,500 STUDENTS WHILE STILL ACHIEVING ALL OF THE STATE AND FEDERALLY MANDATED ACADEMIC STANDARDS.
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03475763
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04089839
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0235
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0626777
IRS990/OccupancyGrp/TotalAmt0626777
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02882
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024001
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0206896
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0233779
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL EXPENSE
IRS990/OtherExpensesGrp/Desc1FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2EXTRACURRICULAR ACTIVIT
IRS990/OtherExpensesGrp/Desc3FUNDRAISING
IRS990/OtherExpensesGrp/FundraisingAmt021045
IRS990/OtherExpensesGrp/ProgramServicesAmt0808633
IRS990/OtherExpensesGrp/ProgramServicesAmt1248185
IRS990/OtherExpensesGrp/ProgramServicesAmt290039
IRS990/OtherExpensesGrp/TotalAmt0808633
IRS990/OtherExpensesGrp/TotalAmt1248185
IRS990/OtherExpensesGrp/TotalAmt290039
IRS990/OtherExpensesGrp/TotalAmt321045
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0110555
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0920751
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07937203
IRS990/OtherSalariesAndWagesGrp/TotalAmt08968509
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01648
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013724
IRS990/PayrollTaxesGrp/ProgramServicesAmt0118310
IRS990/PayrollTaxesGrp/TotalAmt0133682
IRS990/PensionPlanContributionsGrp/FundraisingAmt05214
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt043423
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0374325
IRS990/PensionPlanContributionsGrp/TotalAmt0422962
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01890452
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01740628
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LUCINA BOTOND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0STATE PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FEDERAL PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012685516
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11082105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2254555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012685516
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11082105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2254555
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0445943
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0793863
IRS990/PYOtherExpensesAmt05050974
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt013419012
IRS990/PYRevenuesLessExpensesAmt0854303
IRS990/PYSalariesCompEmpBnftPaidAmt08753541
IRS990/PYTotalExpensesAmt013804515
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014658818
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-167320
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014022176
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01544208
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01596668
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt07366875
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03097856
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010464731
IRS990ScheduleD/EquipmentGrp/BookValueAmt030330
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0219863
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0250193
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014803572
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03809555
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03809555
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03457
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013825
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017282
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt014636252
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS A NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE ("THE CODE") AND COMPARABLE STATE OF TEXAS LAW. 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. THE ACADEMY HAS ALSO BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ACADEMY, WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. ACCORDINGLY, CONTRIBUTIONS TO THE ACADEMY ARE TAX DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE CODE. THE ACADEMY APPLIES THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC TOPIC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE ACADEMY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011210217
IRS990ScheduleD/TotalExpensesPerForm990Amt014803572
IRS990ScheduleD/TotalRevenuePerForm990Amt014636252
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014636252
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014803572
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

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