Civic Intelligence

Houston Classical Inc.

990 • Fiscal year 2024 • EIN 83-2516896

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 18, 2025

Organization ProfileWWW.HOUSTONCLASSICAL.ORG
6403 Addicks Clodine RdHouston, TX 77083

(713) 748-9626

Siviq Scores

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

Liabilities / Assets

77th percentile

0.51x

Higher debt load relative to assets than 77% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.60x

Higher debt load relative to revenue than 72% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$190,142

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

98th percentile

160%

Faster asset growth than 98% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$10,318,589

Up $6,354,681 (+160%) from 2023

Net Assets

Up

$5,067,805

Up $2,084,291 (+70%) from 2023

Liabilities

Up

$5,250,784

Up $4,270,390 (+436%) from 2023

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin77th percentile

Revenue

Up

$8,765,413

Up $2,732,886 (+45%) from 2023

Expenses

Up

$6,681,122

Up $2,823,443 (+73%) from 2023

Net Income

Down

$2,084,291

Down $90,557 (-4.2%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$15M$10M$5.0M$0Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $256,905Liabilities 2020: $0Net Assets 2020: $256,9052020Assets 2021: $1,067,536Liabilities 2021: $16,339Net Assets 2021: $1,051,1972021Assets 2022: $941,279Liabilities 2022: $94,402Net Assets 2022: $846,8772022Assets 2023: $3,963,908Liabilities 2023: $980,394Net Assets 2023: $2,983,5142023Assets 2024: $10,318,589Liabilities 2024: $5,250,784Net Assets 2024: $5,067,8052024

Highlighted filing

2024

Assets$10,318,589
Liabilities$5,250,784
Net Assets$5,067,805
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

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

$10M$5.0M$0-$5.0MRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $517,060Expenses 2020: $260,155Net Income 2020: $256,9052020Revenue 2021: $2,105,728Expenses 2021: $1,337,546Net Income 2021: $768,1822021Revenue 2022: $2,606,277Expenses 2022: $2,810,597Net Income 2022: -$204,3202022Revenue 2023: $6,032,527Expenses 2023: $3,857,679Net Income 2023: $2,174,8482023Revenue 2024: $8,765,413Expenses 2024: $6,681,122Net Income 2024: $2,084,2912024

Highlighted filing

2024

Revenue$8,765,413
Expenses$6,681,122
Net Income$2,084,291
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 18, 2025
Return Version
2023v6.0
Gross Receipts
$8,765,413
Mission and Program Overview

Mission

Provide a robust classical curriculum structured around the classical education concepts of grammar, logic, and rhetoric; grounded in great works; and ordered by the great ideas. Our classical model will focus on literacy, deep love of learning, and values.

Provide a robust classical curriculum structured around the classical education concepts of grammar, logic, and rhetoric; gorunded in great works; and ordered by great ideas. Our classical model will focus on literacy, deep love of learning, and values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$301,912$7,025,096▲ $6,723,184
Cash and Non-Interest-Bearing Accounts$2,065,007$2,472,484▲ $407,477
Accounts Receivable$755,355$805,007▲ $49,652
Prepaid Expenses and Deferred Charges$84,480$16,002▼ $68,478
Total Assets$3,963,908$10,318,589▲ $6,354,681
Other Assets Total$757,154--
Liabilities
Mortgage Notes Payable Secured by Investment Property-$3,905,634-
Unsecured Notes Loans Payable-$1,000,000-
Accounts Payable and Accrued Expenses$177,289$607,669▲ $430,380
Other Liabilities$803,105$-262,519▼ $1,065,624
Total Liabilities$980,394$5,250,784▲ $4,270,390
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,722,281$4,613,099▲ $2,890,818
Net Assets With Donor Restrictions$1,261,233$454,706▼ $806,527
Total Net Assets Fund Balance$2,983,514$5,067,805▲ $2,084,291
Total Liabilities and Net Assets / Fund Balance$3,963,908$10,318,589▲ $6,354,681

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,268,388$186,344$4,454,732
Land$2,410,000-$2,410,000
Equipment$346,708$301,825$648,533
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deyvis R SalazarHead of SchoFT$176,042$14,100$190,142
Deyvis R SalazarHead of Schools-$176,042$14,100$190,142

Board Members and Trustees

NameTitle
Adrienne AminBoard Chair
Johnathan YazdaniBoard Member
Jordan SeffBoard Member
Julie KuoBoard Member
Morgan LuntBoard Member
Portia MckenzieBoard Member
Chris SmithBoard Vice C

Highest Paid Contractors

ContractorServicesLocationCompensation
4mativ TechnologiesTransportation959 DAYTON AVE, St Paul, MN 55104$226,779
Scholastic SolutionsBack OfficePO BOX 598, Boerne, TX 78006$106,325
Revenue and Support

Revenue Composition

Contributions and Grants
$5,649,144
Program Service Revenue
$3,116,269
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,479,033
Change in Net Assets
$2,084,291

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,765,413
Total Revenue per Audited Statements
$8,765,413
Total Revenue per Form 990
$8,765,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,427,962
Other Expenses$3,253,160
Total Fundraising Expense$298,284
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,602,974$62,172$148,125$2,813,271
Fees for Services Other$1,252,991$153,361$64,527$1,470,879
Depreciation Depletion$342,732--$342,732
Other Expenses$211,652$54,953$10,101$276,706
Current Officers, Directors, Trustees, and Key Employees$99,125$104,063$29,521$232,709
Pension Plan Contributions$212,524$10,312$8,312$231,148
Interest$180,823--$180,823
Insurance$120,906$4,824-$125,730
Other Employee Benefits$91,082$19,842$4,764$115,688
Occupancy$92,067--$92,067
Payroll Taxes$30,361$2,290$2,495$35,146
Fees for Services Legal-$34,239-$34,239
Fees for Services Accounting-$22,400-$22,400
Total Functional Expenses$5,898,359$484,479$298,284$6,681,122

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,681,122
Total Expenses per Audited Statements$6,681,122
Total Expenses per Form 990$6,681,122
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 Debt Issuance Costs$-262,519
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
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 head of schools reviews the draft 990 prior to filing”

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

“The conflict of interest policy is reviewed annually and all directors are required to sign/disclose conflicts annually”

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

“The board of directors sets the compensation of the head of schools after reviewing comparable organization data”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Houston Classical Inc
EIN
83-2516896
Phone
7137489626
Address
6403 ADDICKS CLODINE RD, HOUSTON, TX 77083

Signing Officer

Name
Deyvis R Salazar
Title
Head of Schools
Phone
2818794151
Signed
2025-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deyvis R Salazar
Formed
2018
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
83
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

“Provide a robust classical curriculum structured around the classical education concepts of grammar, logic, and rhetoric; gorunded in great works; and ordered by great ideas. Our classical model will focus on literacy, deep love of learning, and values.”

Form 990, Part IX, Line 11G

“Other services 139,609 153,361 64,527 instructional services 347,951 0 0 student transportation 225,349 0 0 facility maintenance 250,631 0 0 security services 153,519 0 0 data services 135,932 0 0 total 1,252,991 153,361 64,527”

Raw XML AppendixShowing 400 of 457 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/BOYAmt0177289
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0607669
IRS990/AccountsReceivableGrp/BOYAmt0755355
IRS990/AccountsReceivableGrp/EOYAmt0805007
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE A ROBUST CLASSICAL CURRICULUM STRUCTURED AROUND THE CLASSICAL EDUCATION CONCEPTS OF GRAMMAR, LOGIC, AND RHETORIC; GORUNDED IN GREAT WORKS; AND ORDERED BY GREAT IDEAS. OUR CLASSICAL MODEL WILL FOCUS ON LITERACY, DEEP LOVE OF LEARNING, AND VALUES.
IRS990/AllOtherContributionsAmt03479033
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0DEYVIS SALAZAR
IRS990/BooksInCareOfDetail/PhoneNum07137489626
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06403 ADDICKS CLODINE RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077083
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02065007
IRS990/CashNonInterestBearingGrp/EOYAmt02472484
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt029521
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0104063
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt099125
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0232709
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0226779
IRS990/ContractorCompensationGrp/CompensationAmt1106325
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0959 DAYTON AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 598
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ST PAUL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BOERNE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055104
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd178006
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt04MATIV TECHNOLOGIES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SCHOLASTIC SOLUTIONS
IRS990/ContractorCompensationGrp/ServicesDesc0TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc1BACK OFFICE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05649144
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03253160
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03116269
IRS990/CYRevenuesLessExpensesAmt02084291
IRS990/CYSalariesCompEmpBnftPaidAmt03427962
IRS990/CYTotalExpensesAmt06681122
IRS990/CYTotalFundraisingExpenseAmt0298284
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08765413
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0342732
IRS990/DepreciationDepletionGrp/TotalAmt0342732
IRS990/Desc0EDUCATING KINDERGARTEN, 1ST THROUGH 5TH GRADE THROUGH A CLASSICAL APPROACH, RIGOROUS ACADEMICS, CHARACTER DEVELOPMENT, AND A STRUCTURED ENVIRONMENT. THE SCHOOL PLANS TO EXPAND ONE GRADE EVERY YEAR TO EVENTUALLY GROW TO K THROUGH 8TH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01261233
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0454706
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt083
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt05898359
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022400
IRS990/FeesForServicesAccountingGrp/TotalAmt022400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt034239
IRS990/FeesForServicesLegalGrp/TotalAmt034239
IRS990/FeesForServicesOtherGrp/FundraisingAmt064527
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0153361
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01252991
IRS990/FeesForServicesOtherGrp/TotalAmt01470879
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/OtherCompensationAmt014100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DEYVIS R SALAZAR
IRS990/Form990PartVIISectionAGrp/PersonNm1ADRIENNE AMIN
IRS990/Form990PartVIISectionAGrp/PersonNm2JULIE KUO
IRS990/Form990PartVIISectionAGrp/PersonNm3MORGAN LUNT
IRS990/Form990PartVIISectionAGrp/PersonNm4PORTIA MCKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm5JORDAN SEFF
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRIS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHNATHAN YAZDANI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0176042
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/TitleTxt0HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD VICE C
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt02170111
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08765413
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04824
IRS990/InsuranceGrp/ProgramServicesAmt0120906
IRS990/InsuranceGrp/TotalAmt0125730
IRS990/InterestGrp/ProgramServicesAmt0180823
IRS990/InterestGrp/TotalAmt0180823
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0488169
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0301912
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07025096
IRS990/LandBldgEquipCostOrOtherBssAmt07513265
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE A ROBUST CLASSICAL CURRICULUM STRUCTURED AROUND THE CLASSICAL EDUCATION CONCEPTS OF GRAMMAR, LOGIC, AND RHETORIC; GORUNDED IN GREAT WORKS; AND ORDERED BY GREAT IDEAS. OUR CLASSICAL MODEL WILL FOCUS ON LITERACY, DEEP LOVE OF LEARNING, AND VALUES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03905634
IRS990/NetAssetsOrFundBalancesBOYAmt02983514
IRS990/NetAssetsOrFundBalancesEOYAmt05067805
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01722281
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04613099
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt092067
IRS990/OccupancyGrp/TotalAmt092067
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0757154
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04764
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019842
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt091082
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0115688
IRS990/OtherExpensesGrp/Desc0STUDENT MEALS
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND CURRICULUM
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING COSTS
IRS990/OtherExpensesGrp/FundraisingAmt030439
IRS990/OtherExpensesGrp/FundraisingAmt110101
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016023
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt154953
IRS990/OtherExpensesGrp/ProgramServicesAmt0379277
IRS990/OtherExpensesGrp/ProgramServicesAmt1281845
IRS990/OtherExpensesGrp/ProgramServicesAmt2211652
IRS990/OtherExpensesGrp/TotalAmt0379277
IRS990/OtherExpensesGrp/TotalAmt1328307
IRS990/OtherExpensesGrp/TotalAmt2276706
IRS990/OtherLiabilitiesGrp/BOYAmt0803105
IRS990/OtherLiabilitiesGrp/EOYAmt0-262519
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0148125
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062172
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02602974
IRS990/OtherSalariesAndWagesGrp/TotalAmt02813271
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02495
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02290
IRS990/PayrollTaxesGrp/ProgramServicesAmt030361
IRS990/PayrollTaxesGrp/TotalAmt035146
IRS990/PensionPlanContributionsGrp/FundraisingAmt08312
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010312
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0212524
IRS990/PensionPlanContributionsGrp/TotalAmt0231148
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt084480
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016002
IRS990/PrincipalOfficerNm0DEYVIS R SALAZAR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0FOUNDATION SCHOOL PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03116269
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03116269
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04121978
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02085549
IRS990/PYProgramServiceRevenueAmt01910549
IRS990/PYRevenuesLessExpensesAmt02174848
IRS990/PYSalariesCompEmpBnftPaidAmt01772130
IRS990/PYTotalExpensesAmt03857679
IRS990/PYTotalRevenueAmt06032527
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02084291
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03116269
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05649144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04121978
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01458012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01557314
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt065812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012852260
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07174745
IRS990ScheduleA/PublicSupportCY170Pct00.79330
IRS990ScheduleA/PublicSupportTotal170Amt010195340
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt02656920
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05649144
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04121978
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01458012
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01557314
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt065812
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012852260
IRS990ScheduleA/TotalSupportAmt012852260
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/BookValueAmt04268388
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0186344
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04454732
IRS990ScheduleD/EquipmentGrp/BookValueAmt0346708
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0301825
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0648533
IRS990ScheduleD/ExpensesSubtotalAmt06681122
IRS990ScheduleD/LandGrp/BookValueAmt02410000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02410000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-262519
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAMORTIZED DEBT ISSUANCE COSTS
IRS990ScheduleD/RevenueSubtotalAmt08765413
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07025096
IRS990ScheduleD/TotalExpensesPerForm990Amt06681122
IRS990ScheduleD/TotalLiabilityAmt0-262519
IRS990ScheduleD/TotalRevenuePerForm990Amt08765413
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08765413
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06681122
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'S NONDISCRIMINATORY POLICY IS PUBLISHED IN THE LOCAL NEWSPAPER AND IS PRINTED ON ALL PROMOTIONAL MATERIALS DISTRIBUTED TO THE PUBLIC BY THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES A SUBSTANTIAL PORTION OF ITS FUNDING THROUGH THE TEXAS EDUCATION AGENCY AS A OPEN ENROLLMENT CHARTER SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0176042
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEYVIS R SALAZAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOLS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190142
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS SETS COMPENSATION BASED ON PUBLICLY AVAILABLE DATA OF COMPARABLE ORGANIZATIONS
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE A ROBUST CLASSICAL CURRICULUM STRUCTURED AROUND THE CLASSICAL EDUCATION CONCEPTS OF GRAMMAR, LOGIC, AND RHETORIC; GORUNDED IN GREAT WORKS; AND ORDERED BY GREAT IDEAS. OUR CLASSICAL MODEL WILL FOCUS ON LITERACY, DEEP LOVE OF LEARNING, AND VALUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE HEAD OF SCHOOLS REVIEWS THE DRAFT 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ALL DIRECTORS ARE REQUIRED TO SIGN/DISCLOSE CONFLICTS ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS SETS THE COMPENSATION OF THE HEAD OF SCHOOLS AFTER REVIEWING COMPARABLE ORGANIZATION DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER SERVICES 139,609 153,361 64,527 INSTRUCTIONAL SERVICES 347,951 0 0 STUDENT TRANSPORTATION 225,349 0 0 FACILITY MAINTENANCE 250,631 0 0 SECURITY SERVICES 153,519 0 0 DATA SERVICES 135,932 0 0 TOTAL 1,252,991 153,361 64,527
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/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03963908
IRS990/TotalAssetsEOYAmt010318589
IRS990/TotalAssetsGrp/BOYAmt03963908
IRS990/TotalAssetsGrp/EOYAmt010318589
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt05649144
IRS990/TotalEmployeeCnt083
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0298284
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0484479
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05898359
IRS990/TotalFunctionalExpensesGrp/TotalAmt06681122
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,318,589
Liabilities
$5,250,784
Net assets
$5,067,805
Revenue
$8,765,413
Expenses
$6,681,122
Net income
$2,084,291
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.3$5.25$5.07$8.77$6.68$2.08
2023Detailed filing. Detailed filing data is available for this year.$3.96$0.98$2.98$6.03$3.86$2.17
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.09$0.85$2.61$2.81$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.07$0.02$1.05$2.11$1.34$0.77
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.52$0.26$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00