Civic Intelligence

Yes Prep Public Schools Inc.

990 • Fiscal year 2014 • EIN 76-0563835

Sep 01, 2013 to Aug 31, 2014 • Filed on Apr 15, 2015

6201 BonhommeRoom/Suite 168N77036

(713) 967-9001

Siviq Scores

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

Liabilities / Assets

71st percentile

0.56x

Higher debt load relative to assets than 71% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.80x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Net Margin

45th percentile

4.0%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

13th percentile

$211,700

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Asset Growth

61st percentile

7.9%

Faster asset growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

28%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Assets

Up

$127,418,556

Up $9,375,187 (+7.9%) from 2013

Net Assets

Up

$55,806,319

Up $3,377,589 (+6.4%) from 2013

Liabilities

Up

$71,612,237

Up $5,997,598 (+9.1%) from 2013

Revenue

Up

$90,015,237

Up $19,452,665 (+28%) from 2013

Expenses

Up

$86,437,648

Up $15,967,617 (+23%) from 2013

Net Income

Up

$3,577,589

Up $3,485,048 (+3766%) from 2013

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $71,656,962Liabilities 2010: $31,693,208Net Assets 2010: $39,963,7542010Assets 2011: $98,055,788Liabilities 2011: $48,843,892Net Assets 2011: $49,211,8962011Assets 2012: $100,450,544Liabilities 2012: $48,114,355Net Assets 2012: $52,336,1892012Assets 2013: $118,043,369Liabilities 2013: $65,614,639Net Assets 2013: $52,428,7302013Assets 2014: $127,418,556Liabilities 2014: $71,612,237Net Assets 2014: $55,806,3192014Assets 2015: $162,496,468Liabilities 2015: $93,120,046Net Assets 2015: $69,376,4222015Assets 2016: $177,123,720Liabilities 2016: $95,449,468Net Assets 2016: $81,674,2522016Assets 2017: $191,983,008Liabilities 2017: $102,623,114Net Assets 2017: $89,359,8942017Assets 2018: $228,014,803Liabilities 2018: $125,475,638Net Assets 2018: $102,539,1652018Assets 2019: $248,950,872Liabilities 2019: $133,293,963Net Assets 2019: $115,656,9092019Assets 2020: $277,643,712Liabilities 2020: $128,654,342Net Assets 2020: $148,989,3702020Assets 2021: $367,321,054Liabilities 2021: $194,627,605Net Assets 2021: $172,693,4492021Assets 2022: $406,011,080Liabilities 2022: $214,298,458Net Assets 2022: $191,712,6222022Assets 2023: $429,588,066Liabilities 2023: $217,988,417Net Assets 2023: $211,599,6492023Assets 2024: $491,090,274Liabilities 2024: $271,758,554Net Assets 2024: $219,331,7202024

Highlighted filing

2014

Assets$127,418,556
Liabilities$71,612,237
Net Assets$55,806,319

Operations Trend

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

$300M$200M$100M$0Expenses 2010: $38,063,9522010Expenses 2011: $48,234,6782011Expenses 2012: $58,283,4432012Revenue 2013: $70,562,572Expenses 2013: $70,470,031Net Income 2013: $92,5412013Revenue 2014: $90,015,237Expenses 2014: $86,437,648Net Income 2014: $3,577,5892014Revenue 2015: $100,714,686Expenses 2015: $87,144,583Net Income 2015: $13,570,1032015Revenue 2016: $110,374,234Expenses 2016: $104,830,246Net Income 2016: $5,543,9882016Revenue 2017: $125,798,015Expenses 2017: $118,112,373Net Income 2017: $7,685,6422017Revenue 2018: $144,982,612Expenses 2018: $131,803,341Net Income 2018: $13,179,2712018Revenue 2019: $154,677,625Expenses 2019: $141,559,881Net Income 2019: $13,117,7442019Revenue 2020: $183,497,417Expenses 2020: $153,172,190Net Income 2020: $30,325,2272020Revenue 2021: $201,092,119Expenses 2021: $177,388,040Net Income 2021: $23,704,0792021Revenue 2022: $228,665,503Expenses 2022: $209,646,330Net Income 2022: $19,019,1732022Revenue 2023: $262,986,060Expenses 2023: $243,099,033Net Income 2023: $19,887,0272023Revenue 2024: $284,832,400Expenses 2024: $277,100,329Net Income 2024: $7,732,0712024

Highlighted filing

2014

Revenue$90,015,237
Expenses$86,437,648
Net Income$3,577,589
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Apr 15, 2015
Return Version
2013v4.0
Gross Receipts
$90,271,527
Mission and Program Overview

Mission

YES Prep Public Schools, Inc. prepares low-income youth to enter a four-year college or university by implementing an innovative and rigorous academic program which also emphasizes community service.

Education-texas charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$82,782,217$88,049,617▲ $5,267,400
Cash and Non-Interest-Bearing Accounts$13,341,234$16,653,369▲ $3,312,135
Accounts Receivable$5,559,721$4,178,935▼ $1,380,786
Prepaid Expenses and Deferred Charges$43,175$43,175→ $0
Total Assets$118,043,369$127,418,556▲ $9,375,187
Other Assets Total$16,317,022$18,493,460▲ $2,176,438
Liabilities
Mortgage Notes Payable Secured by Investment Property$58,744,614$65,024,464▲ $6,279,850
Other Liabilities$3,695,503$3,435,760▼ $259,743
Accounts Payable and Accrued Expenses$2,924,258$2,885,749▼ $38,509
Deferred Revenue$250,264$266,264▲ $16,000
Total Liabilities$65,614,639$71,612,237▲ $5,997,598
Net Assets / Fund Balance
Unrestricted Net Assets$47,849,542$50,585,227▲ $2,735,685
Temporarily Rstr Net Assets$4,579,188$5,221,092▲ $641,904
Total Net Assets Fund Balance$52,428,730$55,806,319▲ $3,377,589
Total Liabilities and Net Assets / Fund Balance$118,043,369$127,418,556▲ $9,375,187

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$77,332,916$13,143,959$90,476,875
Land$8,249,559-$8,249,559
Equipment$2,361,508$4,674,986$7,036,494
Leasehold Improvements$105,634$17,920$123,554
Other Land Buildings-$66,909$66,909
Other Assets Org$241,091--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason BernalPresidentFT$201,700$36,463$211,700
Jennifer Pagani-hinesSenior VPFT$187,800$33,600$196,800
Mark DibellaVP OperationFT$193,900-$193,900
Mark DibellaVP Operations-$185,400$32,738$193,900
Robert McburnettTreasurerFT$167,700$23,213$169,700
David EasterbyVP Info SystFT$165,900-$165,900
David EasterbyVP Info Systems-$161,900$24,738$165,900
Philip Bruce WrightHead of SchoFT$153,600-$153,600
Philip Bruce WrightHead of Schools-$153,600$19,200$153,600
Bill DurbinHead of SchoFT$151,700-$151,700
Bill DurbinHead of Schools-$143,200$27,463$151,700
Kari Feinberg ThomasHead of SchoFT$151,500-$151,500
Kari Feinberg ThomasHead of Schools-$151,500$18,938$151,500
Nella GarciaVP TalentFT$151,100$18,888$151,100
Ann ZikerVice PresideFT$148,700-$148,700
Donald Patrick KamentzMng Director CollFT$140,500-$140,500
Ronald K WeaverMng Director OperFT$133,300-$133,300
Christopher Lang ClaflinSchool DirecFT$124,300-$124,300
Luz Elena NavarroSr Director StudeFT$110,300-$110,300
Troy NealDirector - IFT$107,100-$107,100

Board Members and Trustees

NameTitle
Joe GreenbergChairman
Doug SelmanVice Chairma
Alicia LohmanBoard Member
Ann Davis VaughanBoard Member
Barry KellyBoard Member
Dan GilbaneBoard Member
Gary RachlinBoard Member
Janet ClarkBoard Member
Kristen BuckBoard Member
Leslie SmithBoard Member
Mickey BarrettBoard Member
Patricia RiceBoard Member
Tom CastroBoard Member
Mark GreggAdvance Comm
Drew MastersonFinance Chai
Justin SegalOperation Ch

Highest Paid Contractors

ContractorServicesLocationCompensation
Firstgroup AmericaTransportation-$4,532,332
Revolution FoodsFood Service-$3,093,811
Abm JanitorialJanitorial Serv-$1,265,236
Dell MarketingInformat Techno-$1,231,250
Preferred TechnologiesInfo Tech Servi-$755,286
Revenue and Support

Revenue Composition

Contributions and Grants
$86,879,630
Program Service Revenue
$0
Investment Income
$389,012
Other Revenue
$2,746,595
All Other Contributions
$12,247,149
Change in Net Assets
$3,577,589

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$144,000
Total Noncash Contributions1$144,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$90,015,237
Revenue Not Reported on Form 990
$256,290
Total Revenue per Audited Statements
$90,271,527
Total Revenue per Form 990
$90,015,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$54,016,101
Other Expenses$32,421,547
Total Fundraising Expense$670,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,475,496$4,155,396$360,302$47,991,194
All Other Expenses$6,002,300$1,381,168$73,582$7,457,050
Depreciation Depletion$4,218,321--$4,218,321
Other Employee Benefits$3,221,553$303,667$20,191$3,545,411
Other Expenses$3,158,317$4,623$3,440$3,166,380
Travel$2,622,190$341,988$15,243$2,979,421
Current Officers, Directors, Trustees, and Key Employees-$1,545,900$148,700$1,694,600
Interest$1,128,818$46,469-$1,175,287
Payroll Taxes$674,687$102,973$7,236$784,896
Insurance$640,536$113,624-$754,160
Occupancy$142,795$589,556-$732,351
Total Functional Expenses$76,715,575$9,051,196$670,877$86,437,648

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$86,693,938
Expenses per Audited Statements$86,437,648
Total Expenses per Form 990$86,437,648
Expenses Not Reported on Form 990$256,290
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,853,185
Fundraising Direct Expenses$256,290
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$1,265,610$1,265,610$25,091$1,240,519
Event 2$587,575$587,575$7,885$579,690
Total Events$1,853,185$1,853,185$256,290$1,596,895
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages Payable$2,478,967
Accrued Interest$944,361
Minority Interest$12,432
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

The by-laws were amended in august 2014 and changed the fiscal year end from august 31 to june 30 starting in 2015.

Form 990, Page 6, Part VI, Line 11B

Jason bernal (ceo) along with robert mcburnett (treasurer) review the 990 that is prepared by an outside cpa firm with information provided by jessica roberts (director of finance).

Form 990, Page 6, Part VI, Line 12C

Yes prep requires all officers and directors to annually sign attestations that such individuals were indeed in compliance. Yes prep maintains signed attestations on premises.

Form 990, Page 6, Part VI, Line 15A

A salary table for top management based on position was developed and adopted by the compensation committee of the board of trustees. The job performance of each member of top management is reviewed twice a year. These performance evaluations are used, along with other evaluative methods to assess performance.

Form 990, Page 6, Part VI, Line 15B

A salary table for officers based on position was developed and adopted by the compensation committee of the board of trustees. The job performance of each officer is reviewed twice a year. These performance evaluations are used, along with other evaluative methods to assess performance. These results are used by the immediate supervisor for each individual to make a recommendation for the salary and bonus.

Form 990, Page 6, Part VI, Line 19

Yes prep is subject to the texas public information act.

Filing and Contact Details

Filer

EIN
76-0563835
Phone
7139679001

Signing Officer

Name
Jason Bernal
Title
President
Phone
7139679001
Signed
2015-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Bernal
Formed
1996
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
1,411

Preparer

Preparer
Benjamin P Gomez
Phone
7136665900
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Direct fundraising expense 256,290 direct fundraising expense -256,290

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expense 256,290

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expense 256,290

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
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IRS990/Form990PartVIISectionAGrp/PersonNm2JOE GREENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm3BARRY KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICIA RICE
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY RACHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm6MICKEY BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK GREGG
IRS990/Form990PartVIISectionAGrp/PersonNm8DREW MASTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9DAN GILBANE
IRS990/Form990PartVIISectionAGrp/PersonNm10KRISTEN BUCK
IRS990/Form990PartVIISectionAGrp/PersonNm11JUSTIN SEGAL
IRS990/Form990PartVIISectionAGrp/PersonNm12DOUG SELMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm14TOM CASTRO
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IRS990/Form990PartVIISectionAGrp/PersonNm18MARK DIBELLA
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IRS990/Form990PartVIISectionAGrp/PersonNm20BILL DURBIN
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IRS990/Form990PartVIISectionAGrp/PersonNm24KARI FEINBERG THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm25NELLA GARCIA
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IRS990/Form990PartVIISectionAGrp/PersonNm29LUZ ELENA NAVARRO
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20151700
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7ADVANCE COMM
IRS990/Form990PartVIISectionAGrp/TitleTxt8FINANCE CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11OPERATION CH
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR VP
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP OPERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP INFO SYST
IRS990/Form990PartVIISectionAGrp/TitleTxt20HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt23HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt24HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP TALENT
IRS990/Form990PartVIISectionAGrp/TitleTxt26MNG DIR COLL
IRS990/Form990PartVIISectionAGrp/TitleTxt27MNG DIR OPER
IRS990/Form990PartVIISectionAGrp/TitleTxt28SCHOOL DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt29SR DIR STUDE
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR - I
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IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingGrossIncomeAmt01853185
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GrossRentsGrp/RealAmt043797
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt0640536
IRS990/InsuranceGrp/TotalAmt0754160
IRS990/InterestGrp/ManagementAndGeneralAmt046469
IRS990/InterestGrp/ProgramServicesAmt01128818
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt088049617
IRS990/LandBldgEquipCostOrOtherBssAmt0105953391
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATION-TEXAS CHARTER SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/OccupancyGrp/TotalAmt0732351
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016317022
IRS990/OtherAssetsTotalGrp/EOYAmt018493460
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt020191
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0303667
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03221553
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03545411

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$491$272$219$285$277$7.73
2023Summary only. Only limited summary data is available for this year.$430$218$212$263$243$19.9
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$406$214$192$229$210$19.0
2021Summary only. Only limited summary data is available for this year.$367$195$173$201$177$23.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$278$129$149$183$153$30.3
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$249$133$116$155$142$13.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$228$125$103$145$132$13.2
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$192$103$89.4$126$118$7.69
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$177$95.4$81.7$110$105$5.54
2015Summary only. Only limited summary data is available for this year.$162$93.1$69.4$101$87.1$13.6
2014Detailed filing. Detailed filing data is available for this year.$127$71.6$55.8$90.0$86.4$3.58
2013Summary only. Only limited summary data is available for this year.$118$65.6$52.4$70.6$70.5$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$100$48.1$52.3$58.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.1$48.8$49.2$48.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.7$31.7$40.0$38.1