Civic Intelligence

Texas New School Accelerator

990 • Fiscal year 2022 • EIN 81-4039074

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

12051 Bradbury DrEl Paso, TX 79928

(210) 370-5200

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$91,167

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

95th percentile

146%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

6.1%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$423,068

Up $251,158 (+146%) from 2021

Net Assets

Up

$423,068

Up $251,158 (+146%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$769,184

Up $44,451 (+6.1%) from 2021

Expenses

Up

$577,356

Up $24,533 (+4.4%) from 2021

Net Income

Up

$191,828

Up $19,918 (+12%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2021: $171,910Liabilities 2021: $0Net Assets 2021: $171,9102021Assets 2022: $423,068Liabilities 2022: $0Net Assets 2022: $423,0682022Assets 2023: $58,087Liabilities 2023: $34,613Net Assets 2023: $23,4742023Assets 2024: $1,616,969Liabilities 2024: $515,092Net Assets 2024: $1,101,8772024

Highlighted filing

2022

Assets$423,068
Liabilities$0
Net Assets$423,068

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $724,733Expenses 2021: $552,823Net Income 2021: $171,9102021Revenue 2022: $769,184Expenses 2022: $577,356Net Income 2022: $191,8282022Revenue 2023: $1,390,800Expenses 2023: $1,790,394Net Income 2023: -$399,5942023Revenue 2024: $2,396,412Expenses 2024: $1,318,009Net Income 2024: $1,078,4032024

Highlighted filing

2022

Revenue$769,184
Expenses$577,356
Net Income$191,828
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.0
Gross Receipts
$769,184
Mission and Program Overview

Mission

To support public schools in their mission to offer the best education options in their community by delivering innovative school models that provide personalized and collaborative learning experiences for the benefit of students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,910$423,068▲ $251,158
Total Assets$171,910$423,068▲ $251,158
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$171,910$423,068▲ $251,158
Total Net Assets Fund Balance$171,910$423,068▲ $251,158
Total Liabilities and Net Assets / Fund Balance$171,910$423,068▲ $251,158
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Abelardo SaavedraBoard ChairFT$91,167$91,167
Juan CabreraExecutive DiFT$83,783$83,783
Jose LopezCFOFT$64,071$64,071

Board Members and Trustees

NameTitle
Dr Richard MiddletonVice Chair
George McshanDirector
Dr Stan PazOutgoing Vic
Dr Linda MoraSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$769,167
Investment Income
$17
Other Revenue
$0
Change in Net Assets
$191,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$769,184
Total Revenue per Audited Statements
$769,184
Total Revenue per Form 990
$769,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,249
Salaries, Compensation, and Employee Benefits$273,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$180,667$51,255-$231,922
Fees for Services Other$191,767--$191,767
Travel$66,380--$66,380
Other Salaries and Wages$39,994--$39,994
Fees for Services Accounting-$35,785-$35,785
Fees for Services Legal-$5,000-$5,000
Payroll Taxes$1,191--$1,191
Other Expenses$233$264-$264
Total Functional Expenses$480,232$97,124$0$577,356

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$577,356
Total Expenses per Audited Statements$577,356
Total Expenses per Form 990$577,356
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Texas New School Accelerator
EIN
81-4039074
Address
12051 BRADBURY DR, EL PASO, TX 79928
Doing Business As
Public School Partners

Signing Officer

Name
Jose Lopez
Title
CFO
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juan Cabrera
Formed
2016
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
6

Preparer

Firm
Armstrong Vaughan & Associates Pc
Address
941 WEST BYRD BLVD STE 101, UNIVERSAL CITY, TX 78148
Preparer
Phil Vaughan
Phone
2106586229
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To support public schools in their mission to offer the best education options in their community by delivering innovative school models that provide personalized and collaborative learning experiences for the benefit of students.

Form 990, Part IX, Line 11G

Curriculum consulting 10,500 0 0 instructional consulting 49,600 0 0 other contracted services 131,667 0 0 total 191,767 0 0

Form 990, Part XI, Line 9

An audit was conducted on the fiscal year 2020-2021 financial statements after the 990 was prepared. The audit discovered timing differences in service revenue and payroll tax liabilities that were adjusted.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT PUBLIC SCHOOLS IN THEIR MISSION TO OFFER THE BEST EDUCATION OPTIONS IN THEIR COMMUNITY BY DELIVERING INNOVATIVE SCHOOL MODELS THAT PROVIDE PERSONALIZED AND COLLABORATIVE LEARNING EXPERIENCES FOR THE BENEFIT OF STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CURRICULUM CONSULTING 10,500 0 0 INSTRUCTIONAL CONSULTING 49,600 0 0 OTHER CONTRACTED SERVICES 131,667 0 0 TOTAL 191,767 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AN AUDIT WAS CONDUCTED ON THE FISCAL YEAR 2020-2021 FINANCIAL STATEMENTS AFTER THE 990 WAS PREPARED. THE AUDIT DISCOVERED TIMING DIFFERENCES IN SERVICE REVENUE AND PAYROLL TAX LIABILITIES THAT WERE ADJUSTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSE LOPEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS NEW SCHOOL ACCELERATOR
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0814039074
ReturnHeader/Filer/USAddress/AddressLine1Txt012051 BRADBURY DR
ReturnHeader/Filer/USAddress/CityNm0EL PASO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079928
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742332623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARMSTRONG VAUGHAN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0941 WEST BYRD BLVD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNIVERSAL CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078148
ReturnHeader/PreparerPersonGrp/PhoneNum02106586229
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHIL VAUGHAN
ReturnHeader/ReturnTs02023-05-15T12:59:34-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOPEZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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