Civic Intelligence

Bluebonnet Home Scholars Collaborative

EIN 84-3352761 • 501(c)3 • Richmond, TX

Profile

Bhsc is organized for religious & educational purposes including: the offering of academic classes and enrichment activities in the christian liberal arts tradition in order to enrich the lives of families in wonder, knowledge, and love.

716 S Union StRichmond, TX 77469

www.bluebonnetscholars.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

53rd percentile

3.3%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

86th percentile

$12,060

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

80th percentile

35%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$125,779

Up $20,329 (+19%) from 2024

Liabilities

Up

$38,489

Up $4,138 (+12%) from 2024

Net Assets

Up

$87,290

Up $16,191 (+23%) from 2024

Revenue

Up

$496,564

Up $129,603 (+35%) from 2024

Expenses

Up

$480,373

Up $87,382 (+22%) from 2024

Net Income

Up

$16,191

Up $42,221 (+162%) from 2024

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $17,935Liabilities 2021: $02021Assets 2022: $42,814Liabilities 2022: $0Net Assets 2022: $42,8142022Assets 2023: $97,129Liabilities 2023: $0Net Assets 2023: $97,1292023Assets 2024: $105,450Liabilities 2024: $34,351Net Assets 2024: $71,0992024Assets 2025: $125,779Liabilities 2025: $38,489Net Assets 2025: $87,2902025

Highlighted filing

2025

Assets$125,779
Liabilities$38,489
Net Assets$87,290

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $79,316Expenses 2021: $68,592Net Income 2021: $10,7242021Revenue 2022: $179,280Expenses 2022: $154,401Net Income 2022: $24,8792022Revenue 2023: $323,805Expenses 2023: $269,490Net Income 2023: $54,3152023Revenue 2024: $366,961Expenses 2024: $392,991Net Income 2024: -$26,0302024Revenue 2025: $496,564Expenses 2025: $480,373Net Income 2025: $16,1912025

Highlighted filing

2025

Revenue$496,564
Expenses$480,373
Net Income$16,191

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 3, 2025
Return Version
2024v5.2
Gross Receipts
$496,564
Mission and Program Overview

Mission

Bhsc is organized for religious & educational purposes including: the offering of academic classes and enrichment activities in the christian liberal arts tradition in order to enrich the lives of families in wonder, knowledge, and love.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,399$124,728▲ $20,329
Savings and Temporary Cash Investments$1,051$1,051→ $0
Total Assets$105,450$125,779▲ $20,329
Liabilities
Other Liabilities$29,750$38,315▲ $8,565
Accounts Payable and Accrued Expenses$4,601$174▼ $4,427
Total Liabilities$34,351$38,489▲ $4,138
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$71,099$87,290▲ $16,191
Total Net Assets Fund Balance$71,099$87,290▲ $16,191
Total Liabilities and Net Assets / Fund Balance$105,450$125,779▲ $20,329
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer HartenburgChair of Board of DirectorsFT$12,060$12,060
Natalya EstesBoard of Directors - TreasurerPT$9,072$9,072

Board Members and Trustees

NameTitle
Alisa SikoraBoard of Directors - Vice Chair
Andrew FergusonBoard of Directors - Director
Bethany GetzBoard of Directors - Director
Kathryn JonesBoard of Directors - Director
Gary HartenburgBoard of Directors - Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$28,622
Program Service Revenue
$467,942
Investment Income
$0
Other Revenue
$0
All Other Contributions
$18,617
Change in Net Assets
$16,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$393,273
Other Expenses$87,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$344,174--$344,174
All Other Expenses$46,217$838-$47,055
Payroll Taxes$27,967--$27,967
Current Officers, Directors, Trustees, and Key Employees$21,132--$21,132
Occupancy$12,325--$12,325
Fees for Services Accounting-$7,500-$7,500
Other Expenses$51$5,293-$5,293
Conferences and Meetings$4,862--$4,862
Insurance$2,989--$2,989
Advertising$580--$580
Total Functional Expenses$466,742$13,631$0$480,373
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
Deferred Registration Fees$38,315
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Three directors of the board share a family relationship: jennifer hartenburg is the daughter of andrew ferguson, and she is also the wife of gary hartenburg.

Form 990 governing body review Part VI line 11

The chair of the board and the treasurer of the board work together with an accountant/accounting firm to prepare and revise form 990. Once a completed draft is ready, either the board chair or board treasurer emails a pdf of the complete draft of form 990 and accompanying schedules to all the directors of the board. The directors reply by email to acknowledge that they have received the draft. They also indicate if they have any concerns or questions which, if applicable, are then addressed and resolved before a final draft of form 990 is filed.

Conflict of interest policy compliance Part VI line 12C

Directors of the board are required to complete an annual affirmation of the board compensation and conflict of interest policy.

CEO executive director top management comp Part VI line 15A

Board directors did not receive compensation as directors in the 202425 fiscal year, but instead mostly volunteered their time. The compensation certain board directors received as teachers followed established pay scales within the organization. Any compensation certain directors receive as program officers administrators is determined by a compensation committee established by the board of directors; this committee is composed of independent directors of the board following the conflict of interest policy. Additionally, the respective compensation awarded to the executive director and manager of finance is below industry standards such that the board is confident that there is no excess benefit transaction.

Other officer or key employee compensation Part VI line 15B

Comparability data was used to establish rates of pay for standard roles within the organization (such as teacher and hourly staff compensation).

Governing documents etc available to public Part VI line 19

Governing documents, conflict of interest policy, and financial statements are available to the public by request; however, there have been no requests.

Filing and Contact Details

Filer

Filer Name
Bluebonnet Home Scholars Collaborative
EIN
84-3352761
In Care Of
% NATALYA ESTES
Phone
2812385400
Address
716 S UNION ST, RICHMOND, TX 77469

Signing Officer

Name
Natalya Estes
Title
Treasurer
Phone
7135829757
Signed
2025-10-03
Discuss with paid preparer
No

Organization Details

Formed
2019
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
4
Employees
43
Volunteers
45

Preparer

Firm
Taxwise LLC
Address
6161 SAVOY DR SUITE 822, HOUSTON, TX 77036
Preparer
Sidra Darzi
Phone
3467084218
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Class supplies $15698 taxes & licenses $233 food/snack/drink $297 student council $2944 office supplies $5240 payroll processing fee $1881 misc supplies $1174 institution payments $4700 training & professional development $2805 merchant fees $11479 bank fees $37 utilities $568

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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/ExplanationTxt0THREE DIRECTORS OF THE BOARD SHARE A FAMILY RELATIONSHIP: JENNIFER HARTENBURG IS THE DAUGHTER OF ANDREW FERGUSON, AND SHE IS ALSO THE WIFE OF GARY HARTENBURG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIR OF THE BOARD AND THE TREASURER OF THE BOARD WORK TOGETHER WITH AN ACCOUNTANT/ACCOUNTING FIRM TO PREPARE AND REVISE FORM 990. ONCE A COMPLETED DRAFT IS READY, EITHER THE BOARD CHAIR OR BOARD TREASURER EMAILS A PDF OF THE COMPLETE DRAFT OF FORM 990 AND ACCOMPANYING SCHEDULES TO ALL THE DIRECTORS OF THE BOARD. THE DIRECTORS REPLY BY EMAIL TO ACKNOWLEDGE THAT THEY HAVE RECEIVED THE DRAFT. THEY ALSO INDICATE IF THEY HAVE ANY CONCERNS OR QUESTIONS WHICH, IF APPLICABLE, ARE THEN ADDRESSED AND RESOLVED BEFORE A FINAL DRAFT OF FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS OF THE BOARD ARE REQUIRED TO COMPLETE AN ANNUAL AFFIRMATION OF THE BOARD COMPENSATION AND CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD DIRECTORS DID NOT RECEIVE COMPENSATION AS DIRECTORS IN THE 202425 FISCAL YEAR, BUT INSTEAD MOSTLY VOLUNTEERED THEIR TIME. THE COMPENSATION CERTAIN BOARD DIRECTORS RECEIVED AS TEACHERS FOLLOWED ESTABLISHED PAY SCALES WITHIN THE ORGANIZATION. ANY COMPENSATION CERTAIN DIRECTORS RECEIVE AS PROGRAM OFFICERS ADMINISTRATORS IS DETERMINED BY A COMPENSATION COMMITTEE ESTABLISHED BY THE BOARD OF DIRECTORS; THIS COMMITTEE IS COMPOSED OF INDEPENDENT DIRECTORS OF THE BOARD FOLLOWING THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, THE RESPECTIVE COMPENSATION AWARDED TO THE EXECUTIVE DIRECTOR AND MANAGER OF FINANCE IS BELOW INDUSTRY STANDARDS SUCH THAT THE BOARD IS CONFIDENT THAT THERE IS NO EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPARABILITY DATA WAS USED TO ESTABLISH RATES OF PAY FOR STANDARD ROLES WITHIN THE ORGANIZATION (SUCH AS TEACHER AND HOURLY STAFF COMPENSATION).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST; HOWEVER, THERE HAVE BEEN NO REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CLASS SUPPLIES $15698 TAXES & LICENSES $233 FOOD/SNACK/DRINK $297 STUDENT COUNCIL $2944 OFFICE SUPPLIES $5240 PAYROLL PROCESSING FEE $1881 MISC SUPPLIES $1174 INSTITUTION PAYMENTS $4700 TRAINING & PROFESSIONAL DEVELOPMENT $2805 MERCHANT FEES $11479 BANK FEES $37 UTILITIES $568
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUEBONNET HOME SCHOLARS COLLABORATIVE
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ReturnHeader/ReturnTs02025-10-03T19:54:25-04:00
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ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
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