Civic Intelligence

Valor Texas Education Foundation

990 • Fiscal year 2021 • EIN 81-1145945

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

Organization Profilewww.valorpublicschools.org
220 Foremost DrAustin, TX 78745

(512) 646-4170

Siviq Scores

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

Liabilities / Assets

84th percentile

0.68x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

1.18x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

55th percentile

15%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

53rd percentile

$179,943

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

83rd percentile

31%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

44%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$20,040,325

Up $4,758,380 (+31%) from 2020

Net Assets

Up

$6,340,159

Up $1,718,550 (+37%) from 2020

Liabilities

Up

$13,700,166

Up $3,039,830 (+29%) from 2020

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin55th percentile

Revenue

Up

$11,565,701

Up $3,548,592 (+44%) from 2020

Expenses

Up

$9,847,151

Up $4,703,515 (+91%) from 2020

Net Income

Down

$1,718,550

Down $1,154,923 (-40%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$200M$150M$100M$50M$0Assets 2018: $491,103Liabilities 2018: $44,535Net Assets 2018: $446,5682018Assets 2019: $1,959,718Liabilities 2019: $211,582Net Assets 2019: $1,748,1362019Assets 2020: $15,281,945Liabilities 2020: $10,660,336Net Assets 2020: $4,621,6092020Assets 2021: $20,040,325Liabilities 2021: $13,700,166Net Assets 2021: $6,340,1592021Assets 2022: $42,600,713Liabilities 2022: $29,055,066Net Assets 2022: $13,545,6472022Assets 2023: $136,716,874Liabilities 2023: $122,184,278Net Assets 2023: $14,532,5962023Assets 2024: $165,019,000Liabilities 2024: $145,420,697Net Assets 2024: $19,598,3032024

Highlighted filing

2021

Assets$20,040,325
Liabilities$13,700,166
Net Assets$6,340,159
Open 2021 Filing

Operations Trend

Revenue Growth77th percentile

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

$60M$40M$20M$0Revenue 2018: $883,527Expenses 2018: $446,383Net Income 2018: $437,1442018Revenue 2019: $5,317,439Expenses 2019: $4,015,871Net Income 2019: $1,301,5682019Revenue 2020: $8,017,109Expenses 2020: $5,143,636Net Income 2020: $2,873,4732020Revenue 2021: $11,565,701Expenses 2021: $9,847,151Net Income 2021: $1,718,5502021Revenue 2022: $21,640,709Expenses 2022: $14,411,461Net Income 2022: $7,229,2482022Revenue 2023: $26,534,446Expenses 2023: $25,547,497Net Income 2023: $986,9492023Revenue 2024: $41,223,823Expenses 2024: $36,158,116Net Income 2024: $5,065,7072024

Highlighted filing

2021

Revenue$11,565,701
Expenses$9,847,151
Net Income$1,718,550
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.2
Gross Receipts
$11,565,701
Mission and Program Overview

Mission

Valor Public Schools creates the highest quality tuition-free charter schools by combining the best of the classical and contemporary educational practice. Our first tuition-free charter school campus is now serving grades K-8 in Austin, Texas.

Valor Public Schools educates the whole person in authentic communities for a full human life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,276,975$15,466,017▲ $3,189,042
Cash and Non-Interest-Bearing Accounts$1,853,503$2,552,628▲ $699,125
Pledges and Grants Receivable$1,011,305$1,994,683▲ $983,378
Prepaid Expenses and Deferred Charges$90,162$26,997▼ $63,165
Total Assets$15,281,945$20,040,325▲ $4,758,380
Other Assets Total$50,000$0▼ $50,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,868,857$13,068,131▲ $3,199,274
Accounts Payable and Accrued Expenses$791,479$632,035▼ $159,444
Total Liabilities$10,660,336$13,700,166▲ $3,039,830
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,390,639$3,486,860▼ $903,779
Net Assets Without Donor Restrictions$230,970$2,853,299▲ $2,622,329
Total Net Assets Fund Balance$4,621,609$6,340,159▲ $1,718,550
Total Liabilities and Net Assets / Fund Balance$15,281,945$20,040,325▲ $4,758,380

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,964,177$335,287$10,299,464
Land$3,995,873-$3,995,873
Other Land Buildings$1,479,400-$1,479,400
Equipment$26,567$1,035$27,602
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David WilliamsPresidentFT$159,833$20,110$179,943
Stephen GordonCEO/SuperintendentFT$124,310$35,558$159,868
Jesse BatesCOOFT$109,358$23,693$133,051
Joel VanDerworpProgram DirectorFT$105,422$25,419$130,841

Board Members and Trustees

NameTitle
Adam MullerChair
Brian FollettDirector
Cara ValleDirector
Daniel ConnellyDirector
Robert FenderDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
AimEducation services7410 Blanco Rd Ste 400, San Antonio, TX 78216$526,038
Bookreport IncAccounting, admin.11801 Yaupon Holly Lane, Austin, TX 78738$132,168
Revenue and Support

Revenue Composition

Contributions and Grants
$11,400,273
Program Service Revenue
$165,428
Investment Income
$0
Other Revenue
$0
All Other Contributions
$522,207
Change in Net Assets
$1,718,550

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,565,701
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,565,701
Total Revenue per Form 990
$11,565,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,456,651
Other Expenses$4,390,500
Total Fundraising Expense$103,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,081,301$203,821$58,097$4,343,219
Occupancy$835,207$41,256-$876,463
Fees for Services Other$670,018$190,327-$860,345
Current Officers, Directors, Trustees, and Key Employees$405,816$20,873$5,444$432,133
Interest$422,724--$422,724
Other Employee Benefits$387,317$20,937$2,948$411,202
Depreciation Depletion$319,506$16,816-$336,322
Office Expenses$124,810$114,718$34,759$274,287
Pension Plan Contributions$180,505$14,630$1,627$196,762
Other Expenses$120,141$10,959-$120,141
Information Technology$84,847$4,466-$89,313
Payroll Taxes$69,452$3,032$851$73,335
Insurance$59,265$3,119-$62,384
Fees for Services Legal-$43,517-$43,517
Travel$6,036$33,384-$39,420
All Other Expenses$12,648$13,684-$26,332
Fees for Services Accounting-$3,600-$3,600
Total Functional Expenses$9,004,286$739,139$103,726$9,847,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,847,151
Total Expenses per Audited Statements$9,847,151
Total Expenses per Form 990$9,847,151
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
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

“Form 990 is reviewed by the COO and distributed to the board prior to filing with the IRS.”

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

“Each year, board members are asked to complete a conflict of interest form to identify any potential conflicts of interest. If a conflict of interest occurs, the conflicted director is required to abstain from deliberations and voting on the matter in conflict.”

Form 990, Part VI, Section B, line 15

“The Board of Directors determines compensation of the organization's top management official, other officers, and key employees by considering compensation of comparable positions at similar organizations, local market factors, and past job performance. If a proposed salary exceeds $200,000, the organization consults legal counsel for a full compensation study in advance.”

Form 990, Part VI, Section C, line 19

“Valor makes its governing documents, board policies, and financial statements available to the public upon request through a public information request.”

Filing and Contact Details

Filer

Filer Name
Valor Texas Education Foundation
EIN
81-1145945
Phone
5126464170
Address
220 Foremost Dr, Austin, TX 78745

Signing Officer

Name
David Williams
Title
President
Phone
5126464170
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Gordon
Formed
2016
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
157
Volunteers
100

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Raw XML AppendixShowing 400 of 517 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0791479
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0632035
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Valor Public Schools educates the whole person in authentic communities for a full human life.
IRS990/AllOtherContributionsAmt0522207
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013684
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012648
IRS990/AllOtherExpensesGrp/TotalAmt026332
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Jesse Bates
IRS990/BooksInCareOfDetail/PhoneNum05126464170
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 Foremost Dr
IRS990/BooksInCareOfDetail/USAddress/CityNm0Austin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078745
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01853503
IRS990/CashNonInterestBearingGrp/EOYAmt02552628
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt05444
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt020873
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0405816
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0432133
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0526038
IRS990/ContractorCompensationGrp/CompensationAmt1132168
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07410 Blanco Rd Ste 400
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt111801 Yaupon Holly Lane
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0San Antonio
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Austin
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd078216
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd178738
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0AIM
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Bookreport Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Education services
IRS990/ContractorCompensationGrp/ServicesDesc1Accounting, admin.
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011400273
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt04390500
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0165428
IRS990/CYRevenuesLessExpensesAmt01718550
IRS990/CYSalariesCompEmpBnftPaidAmt05456651
IRS990/CYTotalExpensesAmt09847151
IRS990/CYTotalFundraisingExpenseAmt0103726
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011565701
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016816
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0319506
IRS990/DepreciationDepletionGrp/TotalAmt0336322
IRS990/Desc0During the 2020-2021 school year, Valor opened its second campus, Valor North Austin, serving grades K-8 with over 500 students. Valor South Austin served 575 students in grades K-10. Plans are being made to open the network's third school in 2022 with ground up construction of a new campus.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04390639
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03486860
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0157
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt09004286
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03600
IRS990/FeesForServicesAccountingGrp/TotalAmt03600
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt043517
IRS990/FeesForServicesLegalGrp/TotalAmt043517
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0190327
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0670018
IRS990/FeesForServicesOtherGrp/TotalAmt0860345
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt526058
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt623693
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt74110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt825419
IRS990/Form990PartVIISectionAGrp/PersonNm0Adam Muller
IRS990/Form990PartVIISectionAGrp/PersonNm1Daniel Connelly
IRS990/Form990PartVIISectionAGrp/PersonNm2Robert Fender
IRS990/Form990PartVIISectionAGrp/PersonNm3Brian Follett
IRS990/Form990PartVIISectionAGrp/PersonNm4Cara Valle
IRS990/Form990PartVIISectionAGrp/PersonNm5Stephen Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm6Jesse Bates
IRS990/Form990PartVIISectionAGrp/PersonNm7David Williams
IRS990/Form990PartVIISectionAGrp/PersonNm8Joel VanDerworp
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5133810
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6109358
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7175833
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8105422
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO/Superintendent
IRS990/Form990PartVIISectionAGrp/TitleTxt6COO
IRS990/Form990PartVIISectionAGrp/TitleTxt7President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Program Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt010878066
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011565701
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04466
IRS990/InformationTechnologyGrp/ProgramServicesAmt084847
IRS990/InformationTechnologyGrp/TotalAmt089313
IRS990/InsuranceGrp/ManagementAndGeneralAmt03119
IRS990/InsuranceGrp/ProgramServicesAmt059265
IRS990/InsuranceGrp/TotalAmt062384
IRS990/InterestGrp/ProgramServicesAmt0422724
IRS990/InterestGrp/TotalAmt0422724
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0336322
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012276975
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015466017
IRS990/LandBldgEquipCostOrOtherBssAmt015802339
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Valor Public Schools creates the highest quality tuition-free charter schools by combining the best of classical and contemporary educational practice. Our first tuition-free charter school campus is now serving grades K-10 in Austin, Texas.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09868857
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt013068131
IRS990/NetAssetsOrFundBalancesBOYAmt04621609
IRS990/NetAssetsOrFundBalancesEOYAmt06340159
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0230970
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02853299
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt041256
IRS990/OccupancyGrp/ProgramServicesAmt0835207
IRS990/OccupancyGrp/TotalAmt0876463
IRS990/OfficeExpensesGrp/FundraisingAmt034759
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0114718
IRS990/OfficeExpensesGrp/ProgramServicesAmt0124810
IRS990/OfficeExpensesGrp/TotalAmt0274287
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02948
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020937
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0387317
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0411202
IRS990/OtherExpensesGrp/Desc0Educational materials
IRS990/OtherExpensesGrp/Desc1Facility maintenance
IRS990/OtherExpensesGrp/Desc2Special education
IRS990/OtherExpensesGrp/Desc3Food expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010959
IRS990/OtherExpensesGrp/ProgramServicesAmt0856257
IRS990/OtherExpensesGrp/ProgramServicesAmt1208221
IRS990/OtherExpensesGrp/ProgramServicesAmt2160215
IRS990/OtherExpensesGrp/ProgramServicesAmt3120141
IRS990/OtherExpensesGrp/TotalAmt0856257
IRS990/OtherExpensesGrp/TotalAmt1219180
IRS990/OtherExpensesGrp/TotalAmt2160215
IRS990/OtherExpensesGrp/TotalAmt3120141
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt058097
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203821
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04081301
IRS990/OtherSalariesAndWagesGrp/TotalAmt04343219
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0851
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03032
IRS990/PayrollTaxesGrp/ProgramServicesAmt069452
IRS990/PayrollTaxesGrp/TotalAmt073335
IRS990/PensionPlanContributionsGrp/FundraisingAmt01627
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014630
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0180505
IRS990/PensionPlanContributionsGrp/TotalAmt0196762
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01011305
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01994683
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt090162
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026997
IRS990/PrincipalOfficerNm0Stephen Gordon
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Auxiliary service fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165428
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07882974
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02201226
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0134135
IRS990/PYRevenuesLessExpensesAmt02873473
IRS990/PYSalariesCompEmpBnftPaidAmt02941307
IRS990/PYTotalExpensesAmt05143636
IRS990/PYTotalProfFndrsngExpnsAmt01103
IRS990/PYTotalRevenueAmt08017109
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01718550
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0165428
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011400273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07882974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05170594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0883527
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025337368
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0446408
IRS990ScheduleA/PublicSupportTotal170Amt022484115
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt02853253
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011400273
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07882974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05170594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0883527
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025337368
IRS990ScheduleA/TotalSupportAmt025337368
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/BookValueAmt09964177
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0335287
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010299464
IRS990ScheduleD/EquipmentGrp/BookValueAmt026567
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01035
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027602
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09847151
IRS990ScheduleD/LandGrp/BookValueAmt03995873
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03995873
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01479400
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01479400
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011565701
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015466017
IRS990ScheduleD/TotalExpensesPerForm990Amt09847151
IRS990ScheduleD/TotalRevenuePerForm990Amt011565701
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011565701
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09847151
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/ExplanationTxt0The School's nondiscrimination policy is stated in the application section of its website: www.valorpublicschools.org/enroll
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Valor receives grants from both federal and state agencies.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159833
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1124310
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount016000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount19500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04008

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,040,325
Liabilities
$13,700,166
Net assets
$6,340,159
Revenue
$11,565,701
Expenses
$9,847,151
Net income
$1,718,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$165$145$19.6$41.2$36.2$5.07
2023Detailed filing. Detailed filing data is available for this year.$137$122$14.5$26.5$25.5$0.99
2022Detailed filing. Detailed filing data is available for this year.$42.6$29.1$13.5$21.6$14.4$7.23
2021Detailed filing. Detailed filing data is available for this year.$20.0$13.7$6.34$11.6$9.85$1.72
2020Detailed filing. Detailed filing data is available for this year.$15.3$10.7$4.62$8.02$5.14$2.87
2019Detailed filing. Detailed filing data is available for this year.$1.96$0.21$1.75$5.32$4.02$1.30
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.04$0.45$0.88$0.45$0.44