Civic Intelligence

Reve Preparatory Inc.

990 • Fiscal year 2022 • EIN 82-2809171

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 17, 2023

Organization ProfileWWW.REVEPREP.ORG
PO Box 450165Houston, TX 77245

(832) 982-2083

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.95x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

3.48x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

22nd percentile

-4.8%

Higher net margin than 22% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

34th percentile

$135,010

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

100th percentile

1228%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

55%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$11,610,120

Up $10,735,608 (+1228%) from 2021

Net Assets

Down

$614,266

Down $151,469 (-20%) from 2021

Liabilities

Up

$10,995,854

Up $10,887,077 (+10009%) from 2021

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin22nd percentile

Revenue

Up

$3,160,834

Up $1,121,148 (+55%) from 2021

Expenses

Up

$3,312,303

Up $1,613,511 (+95%) from 2021

Net Income

Down

-$151,469

Down $492,363 (-144%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30M$20M$10M$0Assets 2019: $243,618Liabilities 2019: $59,904Net Assets 2019: $183,7142019Assets 2020: $518,885Liabilities 2020: $94,044Net Assets 2020: $424,8412020Assets 2021: $874,512Liabilities 2021: $108,777Net Assets 2021: $765,7352021Assets 2022: $11,610,120Liabilities 2022: $10,995,854Net Assets 2022: $614,2662022Assets 2023: $27,812,370Liabilities 2023: $27,105,618Net Assets 2023: $706,7522023Assets 2024: $25,292,007Liabilities 2024: $25,166,971Net Assets 2024: $125,0362024

Highlighted filing

2022

Assets$11,610,120
Liabilities$10,995,854
Net Assets$614,266
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $536,156Expenses 2019: $352,442Net Income 2019: $183,7142019Revenue 2020: $1,465,336Expenses 2020: $1,268,768Net Income 2020: $196,5682020Revenue 2021: $2,039,686Expenses 2021: $1,698,792Net Income 2021: $340,8942021Revenue 2022: $3,160,834Expenses 2022: $3,312,303Net Income 2022: -$151,4692022Revenue 2023: $3,950,890Expenses 2023: $3,858,404Net Income 2023: $92,4862023Revenue 2024: $4,419,405Expenses 2024: $5,001,121Net Income 2024: -$581,7162024

Highlighted filing

2022

Revenue$3,160,834
Expenses$3,312,303
Net Income-$151,469
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 17, 2023
Return Version
2021v4.0
Gross Receipts
$3,160,834
Mission and Program Overview

Mission

Educating kindergarten through grade eight for success in high school, college, and beyond, reve preparatory charter school ensures rigorous academics, individualized supprt, and purposeful character development for every student, every day.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$132,076$6,962,068▲ $6,829,992
Pledges and Grants Receivable$75,699$543,700▲ $468,001
Cash and Non-Interest-Bearing Accounts$617,531$492,929▼ $124,602
Prepaid Expenses and Deferred Charges$48,074$44,654▼ $3,420
Accounts Receivable$1,132$1,132→ $0
Total Assets$874,512$11,610,120▲ $10,735,608
Other Assets Total-$3,565,637-
Liabilities
Tax Exempt Bond Liabilities-$11,240,000-
Accounts Payable and Accrued Expenses$108,777$263,174▲ $154,397
Deferred Revenue-$85,750-
Other Liabilities-$-593,070-
Total Liabilities$108,777$10,995,854▲ $10,887,077
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$249,571$582,996▲ $333,425
Net Assets With Donor Restrictions$516,164$31,270▼ $484,894
Total Net Assets Fund Balance$765,735$614,266▼ $151,469
Total Liabilities and Net Assets / Fund Balance$874,512$11,610,120▲ $10,735,608

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,018,931$145,080$5,164,011
Land$1,719,603-$1,719,603
Equipment$223,534$6,220$229,754
Other Assets Org$947,844--
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Traci ThibodeauxSuperintendeFT$123,861$11,149$135,010

Board Members and Trustees

NameTitle
Erik GomezBoard Chair
Toscha DickersonVice-chair
Ami AriefMember
Paul BelinMember
Sally SunMember
Tonya DavisMember
Will WhiteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,151,665
Program Service Revenue
$5,806
Investment Income
$3,363
Other Revenue
$0
All Other Contributions
$265,716
Change in Net Assets
$-151,469

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,160,834
Total Revenue per Audited Statements
$3,160,834
Total Revenue per Form 990
$3,160,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,718,957
Other Expenses$1,593,346
Total Fundraising Expense$1,948
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,201,954$195,599-$1,397,553
Fees for Services Other$643,579$87,328-$730,907
Occupancy$346,631--$346,631
Current Officers, Directors, Trustees, and Key Employees$63,197$63,338-$126,535
Interest$107,181--$107,181
Pension Plan Contributions$88,365$17,456-$105,821
Depreciation Depletion$72,773--$72,773
Other Employee Benefits$57,178$10,536-$67,714
Insurance$19,681$7,666-$27,347
Payroll Taxes$17,406$3,928-$21,334
All Other Expenses$17,263--$17,263
Fees for Services Accounting-$10,200-$10,200
Other Expenses$9,703$7,495$1,948$9,703
Fees for Services Legal-$8,469-$8,469
Travel$4,906--$4,906
Total Functional Expenses$2,898,340$412,015$1,948$3,312,303

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,312,303
Total Expenses per Audited Statements$3,312,303
Total Expenses per Form 990$3,312,303
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

Other Reported Liabilities

LiabilityAmount
Unamortized Bond Issue Costs$-593,070

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEducation Revenue Bonds 20222022-04-25$11,240,000Purchase and improve campus

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,240,000--$559,893

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
No
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
No
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
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

“The 990 was reviewed at a board of director's meeting prior to filing”

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

“Annually, board members must attest to knowledge of and disclosure of any conflicts of interest as defined in the conflict of interest policy”

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

“The board of directors considered compensation at similar organizations and set compensation for the superintendent.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Reve Preparatory Inc
EIN
82-2809171
Phone
8329822083
Address
PO BOX 450165, HOUSTON, TX 77245
Doing Business As
Reve Preparatory Charter School

Signing Officer

Name
Traci Thibodeaux
Title
Superintendent
Phone
8329822083
Signed
2023-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Traci Thibodeaux
Formed
2017
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
45
Volunteers
7

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

“Educating kindergarten through grade eight for success in high school, college, and beyond, reve preparatory charter school ensures rigorous academics, individualized supprt, and purposeful character development for every student, every day.”

Form 990, Part IX, Line 11G

“Student transportation svcs 102,543 0 0 data processing services 60,975 0 0 other misc contract services 265,837 87,328 0 special ed and esl services 119,446 0 0 student development services 13,521 0 0 plant maintenance contracts 81,257 0 0 total 643,579 87,328 0”

Raw XML AppendixShowing 400 of 460 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0108777
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0263174
IRS990/AccountsReceivableGrp/BOYAmt01132
IRS990/AccountsReceivableGrp/EOYAmt01132
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATING KINDERGARTEN THROUGH GRADE EIGHT FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND BEYOND, REVE PREPARATORY CHARTER SCHOOL ENSURES RIGOROUS ACADEMICS, INDIVIDUALIZED SUPPRT, AND PURPOSEFUL CHARACTER DEVELOPMENT FOR EVERY STUDENT, EVERY DAY.
IRS990/AllOtherContributionsAmt0265716
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017263
IRS990/AllOtherExpensesGrp/TotalAmt017263
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0TRACI THIBODEAUX
IRS990/BooksInCareOfDetail/PhoneNum08329822083
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 450165
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077245
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0617531
IRS990/CashNonInterestBearingGrp/EOYAmt0492929
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt063338
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt063197
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0126535
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03151665
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03363
IRS990/CYOtherExpensesAmt01593346
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05806
IRS990/CYRevenuesLessExpensesAmt0-151469
IRS990/CYSalariesCompEmpBnftPaidAmt01718957
IRS990/CYTotalExpensesAmt03312303
IRS990/CYTotalFundraisingExpenseAmt01948
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03160834
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt085750
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt072773
IRS990/DepreciationDepletionGrp/TotalAmt072773
IRS990/Desc0ESTABLISHMENT OF A K-8 OPEN-ENROLLMENT PUBLIC CHARTER SCHOOL IN THE HOUSTON AREA
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0REVE PREPARATORY CHARTER SCHOOL
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0516164
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt031270
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt045
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02898340
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010200
IRS990/FeesForServicesAccountingGrp/TotalAmt010200
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08469
IRS990/FeesForServicesLegalGrp/TotalAmt08469
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt087328
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0643579
IRS990/FeesForServicesOtherGrp/TotalAmt0730907
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt011149
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0TRACI THIBODEAUX
IRS990/Form990PartVIISectionAGrp/PersonNm1AMI ARIEF
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL BELIN
IRS990/Form990PartVIISectionAGrp/PersonNm3TONYA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4TOSCHA DICKERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIK GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm6SALLY SUN
IRS990/Form990PartVIISectionAGrp/PersonNm7WILL WHITE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0123861
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0SUPERINTENDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt02885949
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03160834
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07666
IRS990/InsuranceGrp/ProgramServicesAmt019681
IRS990/InsuranceGrp/TotalAmt027347
IRS990/InterestGrp/ProgramServicesAmt0107181
IRS990/InterestGrp/TotalAmt0107181
IRS990/InvestmentIncomeGrp/ExclusionAmt03363
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03363
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0151300
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0132076
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06962068
IRS990/LandBldgEquipCostOrOtherBssAmt07113368
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATING KINDERGARTEN THROUGH GRADE EIGHT FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND BEYOND, REVE PREPARATORY CHARTER SCHOOL ENSURES RIGOROUS ACADEMICS, INDIVIDUALIZED SUPPRT, AND PURPOSEFUL CHARACTER DEVELOPMENT FOR EVERY STUDENT, EVERY DAY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0765735
IRS990/NetAssetsOrFundBalancesEOYAmt0614266
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0249571
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0582996
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0346631
IRS990/OccupancyGrp/TotalAmt0346631
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt03565637
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010536
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt057178
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067714
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE SUPPLIES
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS
IRS990/OtherExpensesGrp/FundraisingAmt01948
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07495
IRS990/OtherExpensesGrp/ProgramServicesAmt0138516
IRS990/OtherExpensesGrp/ProgramServicesAmt1101831
IRS990/OtherExpensesGrp/ProgramServicesAmt28176
IRS990/OtherExpensesGrp/ProgramServicesAmt39703
IRS990/OtherExpensesGrp/TotalAmt0138516
IRS990/OtherExpensesGrp/TotalAmt1101831
IRS990/OtherExpensesGrp/TotalAmt217619
IRS990/OtherExpensesGrp/TotalAmt39703
IRS990/OtherLiabilitiesGrp/EOYAmt0-593070
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0195599
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01201954
IRS990/OtherSalariesAndWagesGrp/TotalAmt01397553
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03928
IRS990/PayrollTaxesGrp/ProgramServicesAmt017406
IRS990/PayrollTaxesGrp/TotalAmt021334
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017456
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt088365
IRS990/PensionPlanContributionsGrp/TotalAmt0105821
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075699
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0543700
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt048074
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044654
IRS990/PrincipalOfficerNm0TRACI THIBODEAUX
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0448000
IRS990/ProgramServiceRevenueGrp/Desc0UNIFORM SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt05806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05806
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02039686
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0780379
IRS990/PYRevenuesLessExpensesAmt0340894
IRS990/PYSalariesCompEmpBnftPaidAmt0918413
IRS990/PYTotalExpensesAmt01698792
IRS990/PYTotalRevenueAmt02039686
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-151469
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05806
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt05018931
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0145080
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05164011
IRS990ScheduleD/EquipmentGrp/BookValueAmt0223534
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0229754
IRS990ScheduleD/ExpensesSubtotalAmt03312303
IRS990ScheduleD/LandGrp/BookValueAmt01719603
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01719603
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02617793
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1947844
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH RESTRICTED FOR CONSTRUCTION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH RESTRICTED FOR DEBT SVC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-593070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAMORTIZED BOND ISSUE COSTS
IRS990ScheduleD/RevenueSubtotalAmt03160834
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06962068
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03565637
IRS990ScheduleD/TotalExpensesPerForm990Amt03312303
IRS990ScheduleD/TotalLiabilityAmt0-593070
IRS990ScheduleD/TotalRevenuePerForm990Amt03160834
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03160834
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03312303
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLISHES A STUDENT HANDBOOK ON ITS WEBSITE THAT OUTLINES THE NONDISCRIMINATION POLICY
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS SUPPORTED BY VARIOUS GOVERNMENT GRANTS PRIMARILY THROUGH THE TEXAS EDUCATION AGENCY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0EDUCATION REVENUE BONDS 2022 PURCHASE AND IMPROVE CAMPUS
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02022-04-25
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011240000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0EDUCATION REVENUE BONDS 2022
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0ARLINGTON HIGHER EDUCATION FINANCE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE AND IMPROVE CAMPUS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt07111855
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0596720
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0350973
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0559893
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt011240000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt02620559
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATING KINDERGARTEN THROUGH GRADE EIGHT FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND BEYOND, REVE PREPARATORY CHARTER SCHOOL ENSURES RIGOROUS ACADEMICS, INDIVIDUALIZED SUPPRT, AND PURPOSEFUL CHARACTER DEVELOPMENT FOR EVERY STUDENT, EVERY DAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WAS REVIEWED AT A BOARD OF DIRECTOR'S MEETING PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, BOARD MEMBERS MUST ATTEST TO KNOWLEDGE OF AND DISCLOSURE OF ANY CONFLICTS OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS CONSIDERED COMPENSATION AT SIMILAR ORGANIZATIONS AND SET COMPENSATION FOR THE SUPERINTENDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STUDENT TRANSPORTATION SVCS 102,543 0 0 DATA PROCESSING SERVICES 60,975 0 0 OTHER MISC CONTRACT SERVICES 265,837 87,328 0 SPECIAL ED AND ESL SERVICES 119,446 0 0 STUDENT DEVELOPMENT SERVICES 13,521 0 0 PLANT MAINTENANCE CONTRACTS 81,257 0 0 TOTAL 643,579 87,328 0
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt011240000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0874512
IRS990/TotalAssetsEOYAmt011610120
IRS990/TotalAssetsGrp/BOYAmt0874512
IRS990/TotalAssetsGrp/EOYAmt011610120
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03151665
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01948
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0412015
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02898340
IRS990/TotalFunctionalExpensesGrp/TotalAmt03312303

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,610,120
Liabilities
$10,995,854
Net assets
$614,266
Revenue
$3,160,834
Expenses
$3,312,303
Net income
-$151,469
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.3$25.2$0.13$4.42$5.00$0.58
2023Detailed filing. Detailed filing data is available for this year.$27.8$27.1$0.71$3.95$3.86$0.09
2022Detailed filing. Detailed filing data is available for this year.$11.6$11.0$0.61$3.16$3.31$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.11$0.77$2.04$1.70$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.09$0.42$1.47$1.27$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.06$0.18$0.54$0.35$0.18