Civic Intelligence

Center for Applied Science & Technology Network

EIN 82-5253554 • 501(c)3 • San Antonio, TX

Profile

The Center for Applied Science & Technology Network (CAST) is a San Antonio-based network of tuition-free public schools with a mission to reinevent schooling in order to maximize options for students while preparing them for college, carrer, and life. Open to all Bexar County students. The Network includes high schools Cast Tech, Cast Teach, Cast Stem, Cast Med, Cast Lead, and advanced learning accademy. Schools are co-created with industry and partner with area public school districts including Northside,San Antonio, Southwest and East Central ISDS. For more information, visit Castschools.com.

PO Box 90389San Antonio, TX 78209

castschools.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.26x

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

73rd percentile

20%

Higher net margin than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-18%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

26%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,217,065

Down $138,134 (-10%) from 2023

Liabilities

Up

$1,210,102

Up $266,018 (+28%) from 2023

Net Assets

Down

$6,963

Down $404,152 (-98%) from 2023

Revenue

Down

$2,192,654

Down $1,435,481 (-40%) from 2023

Expenses

Down

$2,596,806

Down $1,904,839 (-42%) from 2023

Net Income

Up

-$404,152

Up $469,358 (+54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $1Liabilities 2018: $02018Assets 2019: $134,791Liabilities 2019: $50,950Net Assets 2019: $83,8412019Assets 2020: $3,782,586Liabilities 2020: $3,595,839Net Assets 2020: $186,7472020Assets 2021: $2,131,154Liabilities 2021: $1,409,204Net Assets 2021: $721,9502021Assets 2022: $1,744,502Liabilities 2022: $459,877Net Assets 2022: $1,284,6252022Assets 2023: $1,355,199Liabilities 2023: $944,084Net Assets 2023: $411,1152023Assets 2024: $1,217,065Liabilities 2024: $1,210,102Net Assets 2024: $6,9632024

Highlighted filing

2024

Assets$1,217,065
Liabilities$1,210,102
Net Assets$6,963

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $3,059,233Expenses 2019: $2,975,392Net Income 2019: $83,8412019Revenue 2020: $6,139,243Expenses 2020: $6,036,337Net Income 2020: $102,9062020Revenue 2021: $1,969,140Expenses 2021: $1,433,937Net Income 2021: $535,2032021Revenue 2022: $2,472,321Expenses 2022: $1,971,205Net Income 2022: $501,1162022Revenue 2023: $3,628,135Expenses 2023: $4,501,645Net Income 2023: -$873,5102023Revenue 2024: $2,192,654Expenses 2024: $2,596,806Net Income 2024: -$404,1522024

Highlighted filing

2024

Revenue$2,192,654
Expenses$2,596,806
Net Income-$404,152

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 14, 2024
Return Version
2023v6.0
Gross Receipts
$2,192,654
Mission and Program Overview

Mission

The centers for applied science & technology (cast) is a san antonio-based network of tuition-free public schools with a mission to reinvent schooling in order to maximize options for students while preparing them for college, career, and life. Open to all bexar county students, the network includes high schools cast tech, cast teach, cast stem, cast med, cast lead, and the advanced learning academy. Schools are co-created with industry and partner with area public school districts, including northside, san antonio, southwest, and east central isds. For more information, visit castschools.com.

The corporation will operate a network of industry focused schools in the San Antonio,TX Region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$690,131$873,809▲ $183,678
Pledges and Grants Receivable$650,000$300,000▼ $350,000
Accounts Receivable$8,388$22,493▲ $14,105
Prepaid Expenses and Deferred Charges$6,680$20,763▲ $14,083
Total Assets$1,355,199$1,217,065▼ $138,134
Liabilities
Accounts Payable and Accrued Expenses$244,084$444,062▲ $199,978
Grants Payable$700,000$400,000▼ $300,000
Other Liabilities-$366,040-
Total Liabilities$944,084$1,210,102▲ $266,018
Net Assets / Fund Balance
Net Assets With Donor Restrictions$159,058$451,354▲ $292,296
Net Assets Without Donor Restrictions$252,057$-444,391▼ $696,448
Total Net Assets Fund Balance$411,115$6,963▼ $404,152
Total Liabilities and Net Assets / Fund Balance$1,355,199$1,217,065▼ $138,134
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeanne RussellExecutive DirectorFT$174,361$15,156$189,517
Jeanne Russell--$174,361$15,156$189,517
Eddie RodriguezSecretary/Director of PartnershipsFT$103,062$48,072$151,134
Eddie Rodriguez--$103,062$48,072$151,134
Jennifer M MaestasDeputy DirectorFT$100,522$43,667$144,189

Board Members and Trustees

NameTitle
Lisa LewisPresident
Dr Lyssa OchoaVice President
Dr Shari AlbrightBoard Member
Erik FordBoard Member
Erik NievesBoard Member
Katie ChainBoard Member
Rene DominguezBoard Member
Amanda SierraTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Coherent Cyber EducationCyber range for schools720 Ivy Lane, San Antonio, TX 78209$159,300
Revenue and Support

Revenue Composition

Contributions and Grants
$2,010,459
Program Service Revenue
$182,195
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,010,459
Change in Net Assets
$-404,152

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,192,654
Revenue Not Reported on Form 990
$112,826
Total Revenue per Audited Statements
$2,305,480
Total Revenue per Form 990
$2,192,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,422,630
Salaries, Compensation, and Employee Benefits$1,108,968
Grants and Similar Amounts Paid$65,208
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$810,135$298,833$0$1,108,968
Fees for Services Other$296,992$41,775$0$338,767
Office Expenses$169,657$77,625$0$247,282
Travel$188,250$8,114$0$196,364
Grants to Domestic Individuals$65,208--$65,208
Information Technology$52,961$8,672$0$61,633
Fees for Services Accounting$0$32,812$0$32,812
Other Expenses$17,650$3,189$0$20,839
Advertising$14,038$0$0$14,038
Insurance$3,477$0$0$3,477
Occupancy$1,000$0$0$1,000
Total Functional Expenses$2,120,199$476,607$0$2,596,806

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,709,633
Expenses per Audited Statements$2,596,807
Total Expenses per Form 990$2,596,807
Expenses Not Reported on Form 990$112,826
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Fair Winds ManagementLLCManagement CompanyAdmin Costs,Payroll & other reimbursements.No$1,375,705
Charles H ClinesOwner of Management CompanyAdmin Costs,Payroll & other reimbursements.No$0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$366,040
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Filing and Contact Details

Filer

Filer Name
Center For Applied Science & Technology Network
EIN
82-5253554
Phone
2104629991
Address
PO Box 90389, San Antonio, TX 78209
Doing Business As
CAST Network

Signing Officer

Name
Amanda Sierra
Title
Controller
Phone
2104629991
Signed
2024-11-14

Organization Details

Principal Officer
Jeanne Russell
Formed
2018
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
7
Employees
9
Volunteers
0

Preparer

Firm
Garza Gonzalez and Associates LLC
Address
207 ARDEN GROVE, SAN ANTONIO, TX 78215
Preparer
Ruben M Martinez CPA
Phone
2102271389
Supplemental Narrative

Additional Explanations

Other

Part V, Line 2a Center for Applied Science & Technology Network has professional employer organization (PEO) leasing arrangement with Oasis Outsourcing Holdings, Inc. The number of employees reported on Form 990, Part V, Line 2a represent the number of full time employees for the filing organization during the 2023 tax year as determined by full-time hours worked. These individuals are included in the total number of employees on Oasis Outsource Holdings,Inc. Form W-3. Center for Applied Science & Technology Network reimburses Oasis Outsourcing Holdings, Inc. for employee compensation and reimbursements. Employees salaries and wages are reported on Form 990 Part IX, Line 7.

Pt VI, Line 3

Fair Winds Management,LLC (FWM) provides management services to the organization under a written contract. Services provide include cash management,tax, recordkeeping and reporting matters,consulting services, human resource management services, property management services, investment management services, risk management services, and other miscellaneous administrative support services.

Pt VI, Line 11B

Form 990 is reviewed by the Board of Directors prior to filing. A complete copy of the Form 990 is made available to the entire board prior to filing.

Pt VI, Line 12C

In accordance with the conflict of interest policy, each director, principal officer and the member of the committee with board delegated powers must annually sign a statement affirming they have received a copy of the conflict of interest policy, have read and understand the policy, and agree to comply with the policy.

Pt VI, Line 15A

Periodic reviews are conducted to include, at minimum, whether compensation arrangements and benefits are reasonable based on competent survey information and the results of arms length bargaining. The review also includes whether partnerships, joint ventures and arrangements with management organizations conform to the foundations written policies and are properly recorded, reflect reasonable investment or payments for goods and services,further charitable purposes and do not result in inurement,impermissable private benefit or in excess benefit transactions.

Pt VI, Line 15B

Compensation for employees is based on comparable salary information obtained from public sources. All salaries are reveiwed by the board of directors. Compensation of the senior executive position is based on formal compensation reviews.

Pt VI, Line 19

The Center for Applied Science & Technology Network makes its governing documents, conflict of interest policy, and financial/tax statements available to the public upon request

Pt XII, Line 2C

The controller assumes oversight responsibility for the audit.

Financial Statement Notes

Pt X, Line 2

Federal Income Taxes The Network is exempt from federal income tax under IRC Section 501(c)(3) and is classified as a public charity organization under IRC 170(b)(1)(A)(vi). The Network is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress. At June 30, 2024, the Network is no longer subject to federal, state, or local income tax examinations for fiscal years ending before June 30, 2021. Income from certain activities not directly related to the Networks tax-exempt purpose is subject to taxation as unrelated business income. The Network did not have any unrelated business income; accordingly, no provision for income taxes is included in the financial statements. The Network reports tax-related interest and penalties, if applicable, as a component of income tax expense. As of June 30, 2024, no uncertain tax positions have been identified and there were no interest or penalties assessed by the Internal Revenue Service. Therefore, no tax-related interest or penalties have been recognized in the accompanying financial statements.

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IRS990/MissionDesc0The Center for Applied Science & Technology Network (CAST) is a San Antonio-based network of tuition-free public schools with a mission to reinevent schooling in order to maximize options for students while preparing them for college, carrer, and life. Open to all Bexar County students. The Network includes high schools Cast Tech, Cast Teach, Cast Stem, Cast Med, Cast Lead, and advanced learning accademy. Schools are co-created with industry and partner with area public school districts including Northside,San Antonio, Southwest and East Central ISDS. For more information, visit Castschools.com.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Federal Income Taxes The Network is exempt from federal income tax under IRC Section 501(c)(3) and is classified as a public charity organization under IRC 170(b)(1)(A)(vi). The Network is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress. At June 30, 2024, the Network is no longer subject to federal, state, or local income tax examinations for fiscal years ending before June 30, 2021. Income from certain activities not directly related to the Networks tax-exempt purpose is subject to taxation as unrelated business income. The Network did not have any unrelated business income; accordingly, no provision for income taxes is included in the financial statements. The Network reports tax-related interest and penalties, if applicable, as a component of income tax expense. As of June 30, 2024, no uncertain tax positions have been identified and there were no interest or penalties assessed by the Internal Revenue Service. Therefore, no tax-related interest or penalties have been recognized in the accompanying financial statements.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are distributed to grantee upon review of grant proposal and approval by the grant committee. Grant recipients must provide reports as to use of funds.
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