BASIS TEXAS CHARTER SCHOOLS INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- BASIS TEXAS CHARTER SCHOOLS INC (EIN 45-4269957)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-11
- IRS object ID
- 202331319349305568
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-11T16:43:08-04:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742332623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMSTRONG VAUGHAN & ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 941 WEST BYRD BLVD STE 101 | AddressLine1Txt |
| City | UNIVERSAL CITY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78148 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454269957 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BASIS TEXAS CHARTER SCHOOLS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BTXS | BusinessNameControlTxt |
| Phone | 4802892088 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 404 E RAMSEY SUITE 106 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78216 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW FREEMAN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 4802892088 | PhoneNum |
| Signature | 2023-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ANDREW | PersonFirstNm |
| Person Last | FREEMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PHIL VAUGHAN | PreparerPersonNm |
| PTIN | P01261382 | PTIN |
| Phone | 2106586229 | PhoneNum |
| Preparation | 2023-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANDREW FREEMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 404 E RAMSEY SUITE 106 | AddressLine1Txt |
| City | SAN ANTONIO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78216 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,557,705 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | BTXSCHOOLS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF BASIS TEXAS CHARTER SCHOOLS IS TO EMPOWER STUDENTS TO ACHIEVE AT GLOBALLY COMPETITIVE LEVELS WITH A TRANSFORMATIVE K-12 ACADEMIC PROGRAM. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $4,747,925 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,161,196 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,838,944 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $30,320,589 | CYProgramServiceRevenueAmt |
| PY Investment Income | $316,761 | PYInvestmentIncomeAmt |
| CY Investment Income | $33,020 | CYInvestmentIncomeAmt |
| PY Other Revenue | $29,593 | PYOtherRevenueAmt |
| CY Other Revenue | $42,900 | CYOtherRevenueAmt |
| PY Total Revenue | $31,933,223 | PYTotalRevenueAmt |
| CY Total Revenue | $37,557,705 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,297,648 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,128,483 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $230,696 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,389,740 | PYOtherExpensesAmt |
| CY Other Expenses | $16,995,495 | CYOtherExpensesAmt |
| PY Total Expenses | $30,687,388 | PYTotalExpensesAmt |
| CY Total Expenses | $38,123,978 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,245,835 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$566,273 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $92,451,409 | TotalAssetsBOYAmt |
| Total Assets EOY | $202,534,161 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $81,273,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $193,148,347 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,177,762 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,385,814 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF BASIS TEXAS CHARTER SCHOOLS IS TO EMPOWER STUDENTS TO ACHIEVE AT GLOBALLY COMPETITIVE LEVELS WITH A TRANSFORMATIVE K-12 ACADEMIC PROGRAM. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $29,242,139 | ExpenseAmt |
| Revenue | $30,320,589 | RevenueAmt |
| Desc | DURING THE 2021/2022 SCHOOL YEAR, BASIS TEXAS CHARTER SCHOOLS (BTCS) SERVED SIX CAMPUSES WITH A TOTAL ENROLLMENT OF 3,421. THE CAMPUSES CONSISTED OF TWO PRIMARY CAMPUSES SERVING KINDERGARTEN TO 5TH GRADE (BASIS SAN ANTONIO MEDICAL CENTER AND BASIS SAN ANTONIO NORTH CENTRAL LOCATIONS), ONE PRIMARY CAMPUS SERVING KINDERGARTEN TO 2ND GRADE (AUSTIN PRIMARY LOCATION), TWO COMBINED CAMPUSES SERVING KINDERGARTEN THROUGH 7TH GRADE (BASIS SAN ANTONIO NORTHEAST LOCATION), AND ONE HIGH SCHOOL CAMPUS SERVING GRADES 6 THROUGH 12 (BASIS SAN ANTONIO SHAVANO LOCATION). BTCS UTILIZES THE BASIS.ED COMPREHENSIVE LIBERAL ARTS CURRICULUM PROGRAM WHICH IS DESIGNED FOR GRADES K, 1-4, 5-7, AND 8-12. A DEMOGRAPHICALLY DIVERSE POPULATION IS SERVED, WITH THE HIGHEST RACE/ETHNICITY GROUP BEING HISPANIC. OTHER CATEGORIES SERVED ARE ECONOMICALLY DISADVANTAGED, ENGLISH LANGUAGE LEARNERS, AND SPECIAL EDUCATION. DURING 2022 BASIS TEXAS CHARTER SCHOOLS WAS RANKED THE 1 SCHOOL DISTRICT IN TEXAS BY THE TEXAS EDUCATION AGENCY (TEA). BASIS TEXAS ALSO RECEIVED NATIONAL RECOGNITION DURING 2022 BY THE U.S. NEWS AND WORLD REPORT IN FIVE AREAS WHICH INCLUDED BASIS SAN ANTONIO - SHAVANO CAMPUS RANKING 1 IN THE SAN ANTONIO, TX METRO AREA HIGH SCHOOLS. | Desc |
| Total Program Service Expenses | $29,242,139 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 52 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BASIS EDUCATIONAL GROUP | PersonNm |
| Phone | 4802892088 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7975 N HAYDEN RD STE B202 | AddressLine1Txt |
| City | SCOTTSDALE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85258 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| ANDREW FREEMAN | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $115,858 | $0 | $9,168 | |
| ANDREA PEREZ | ||||||
| SUPERINTENDE | 40.00 | Yes (X) | $83,536 | $0 | $9,168 | |
| ED ALLRED | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DR CRAIG BARRETT | ||||||
| CHAIRMAN/PRE | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DR JOELLE CHOUCAIR | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DR WILLIAM HARRIS | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| KAYVEE KONDAPALLI | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| HARVEY VIGNEAULT | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $199,394 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $18,336 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | CompensationCompensationAmt | ServicesServicesDesc |
|---|---|---|---|---|---|
| BASIS EDUCATIONAL GROUP BASISED | |||||
| 7975 N HAYDEN RD STE B-100 | SCOTTSDALE | AZ | 85258 | $21,008,513 | |
| BASIS EDUCATIONAL GROUP BASISED | |||||
| 7975 N HAYDEN RD STE B-100 | SCOTTSDALE | AZ | 85258 | $4,714,932 | |
| GRACE HEBERT CURTIS ARCHITECTS | |||||
| 501 GOVERNMENT STREET SUITE 200 | BATON ROUGE | LA | 70802 | $2,397,228 | ARCHITECTURE |
| NOVEL BUILDERS LLC | |||||
| 600 S SHERMAN ST 124 | RICHARDSON | TX | 75081 | $1,765,900 | |
| JOERIS GENERAL CONTRACTORS LTD | |||||
| 823 ARION PARKWAY | SAN ANTONIO | TX | 78216 | $1,563,478 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,816,055 | GovernmentGrantsAmt |
| All Other Contributions | $4,345,141 | AllOtherContributionsAmt |
| Total Contributions | $7,161,196 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FOUNDATION SCHOOL PROGRAM | 611710 | $28,746,317 | $28,746,317 |
| STUDENT ACTIVITY FEES | 611710 | $1,574,272 | $1,574,272 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,320,589 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,020 | TotalRevenueColumnAmt |
| Exclusion | $33,020 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $42,900 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $42,900 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,900 | TotalRevenueColumnAmt |
| Exclusion | $42,900 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,557,705 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,320,589 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $75,920 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,667 | TotalAmt |
| Management And General | $218,667 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,054,874 | TotalAmt |
| Program Services | $15,008,122 | ProgramServicesAmt |
| Management And General | $1,923,389 | ManagementAndGeneralAmt |
| Fundraising | $123,363 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,066 | TotalAmt |
| Program Services | $417,623 | ProgramServicesAmt |
| Management And General | $51,185 | ManagementAndGeneralAmt |
| Fundraising | $2,258 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,930,084 | TotalAmt |
| Program Services | $1,692,325 | ProgramServicesAmt |
| Management And General | $234,252 | ManagementAndGeneralAmt |
| Fundraising | $3,507 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,453,792 | TotalAmt |
| Program Services | $1,272,008 | ProgramServicesAmt |
| Management And General | $178,363 | ManagementAndGeneralAmt |
| Fundraising | $3,421 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,714,932 | TotalAmt |
| Program Services | $3,247,315 | ProgramServicesAmt |
| Management And General | $1,467,617 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,455 | TotalAmt |
| Management And General | $32,455 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,415 | TotalAmt |
| Program Services | $14,640 | ProgramServicesAmt |
| Management And General | $8,775 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,364,233 | TotalAmt |
| Program Services | $726,774 | ProgramServicesAmt |
| Management And General | $637,259 | ManagementAndGeneralAmt |
| Fundraising | $200 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $670,277 | TotalAmt |
| Management And General | $670,277 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,398 | TotalAmt |
| Program Services | $49,842 | ProgramServicesAmt |
| Management And General | $44,556 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,998 | TotalAmt |
| Program Services | $85,370 | ProgramServicesAmt |
| Management And General | $111,605 | ManagementAndGeneralAmt |
| Fundraising | $23 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,449,833 | TotalAmt |
| Program Services | $967,772 | ProgramServicesAmt |
| Management And General | $482,061 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,947 | TotalAmt |
| Program Services | $7,513 | ProgramServicesAmt |
| Management And General | $48,356 | ManagementAndGeneralAmt |
| Fundraising | $78 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,751,589 | TotalAmt |
| Program Services | $2,625,034 | ProgramServicesAmt |
| Management And General | $1,126,555 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,868,323 | TotalAmt |
| Program Services | $2,041,268 | ProgramServicesAmt |
| Management And General | $827,055 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,109 | TotalAmt |
| Program Services | $155,434 | ProgramServicesAmt |
| Management And General | $66,675 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUPPLIES | $913,805 | $633,474 | $278,971 | $1,360 |
| OTHER EXPENSES | $485,112 | $258,251 | $226,196 | $665 |
| FUNDRAISING | $95,821 | $95,821 | ||
| AMORTIZATION ISSUE COSTS | $56,248 | $39,374 | $16,874 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,123,978 | TotalAmt |
| Program Services | $29,242,139 | ProgramServicesAmt |
| Management And General | $8,651,143 | ManagementAndGeneralAmt |
| Fundraising | $230,696 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,947,426 | BOYAmt |
| EOY | $7,945,345 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $55,755,493 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,687,813 | BOYAmt |
| EOY | $7,040,725 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,870 | BOYAmt |
| EOY | $72,183 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,750 | BOYAmt |
| EOY | $1,116,414 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $67,253,286 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,030,301 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,938,783 | BOYAmt |
| EOY | $65,222,985 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,075,735 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,437,767 | BOYAmt |
| EOY | $61,305,281 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,451,409 | BOYAmt |
| EOY | $202,534,161 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,859,657 | BOYAmt |
| EOY | $9,973,051 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $629,040 | BOYAmt |
| EOY | $88,620 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,465,000 | BOYAmt |
| EOY | $118,004,839 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $400,000 | BOYAmt |
| EOY | $400,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,919,950 | BOYAmt |
| EOY | $64,681,837 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,273,647 | BOYAmt |
| EOY | $193,148,347 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,041,280 | BOYAmt |
| EOY | $2,853,696 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,136,482 | BOYAmt |
| EOY | $6,532,118 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,177,762 | BOYAmt |
| EOY | $9,385,814 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,451,409 | BOYAmt |
| EOY | $202,534,161 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$566,273 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$252,839 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$972,836 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,322,570 | OtherCostOrOtherBasisAmt |
| Book Value | $13,322,570 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,951,356 | OtherCostOrOtherBasisAmt |
| Depreciation | $290,961 | DepreciationAmt |
| Book Value | $50,660,395 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,205 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,758 | DepreciationAmt |
| Book Value | $71,447 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,954,481 | OtherCostOrOtherBasisAmt |
| Depreciation | $922,501 | DepreciationAmt |
| Book Value | $1,031,980 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $933,674 | OtherCostOrOtherBasisAmt |
| Depreciation | $797,081 | DepreciationAmt |
| Book Value | $136,593 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $65,222,985 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| FINANCING RIGHT OF USE ASSETS | $60,729,630 |
| DUE FROM BASIS CHARTER SCHOOLS, INC | $298,976 |
| OPERATING RIGHT OF USE ASSETS | $276,675 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $61,305,281 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES | Desc |
| Amt | $64,681,837 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $64,681,837 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $37,399,030 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$252,839 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $94,164 | OtherRevenueAmt |
| Revenue Not Reported | -$158,675 | RevenueNotReportedAmt |
| Revenue Subtotal | $37,557,705 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $37,557,705 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,190,978 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,067,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,067,000 | ExpensesNotReportedAmt |
| Expenses Subtotal | $38,123,978 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $38,123,978 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | GAIN ON LEASE TERMINATION 94,164 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | RETURN OF CONTRIBUTED LAND 1,067,000 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE ORGANIZATION PROVIDES ITS NON-DISCRIMINATORY POLICY IN A VARIETY OF PUBLICATIONS INCLUDING THE PARENT/STUDENT HANDBOOK AND WEBSITE. |
| SCHEDULE E, LINE 4 | THE ORGANIZATION KEEPS RECORDS FOR THE RACIAL COMPOSITION OF THE STUDENT BODY AT BTX SCHOOLS, INC, AS REQUIRED BY STATE LAW. |
| SCHEDULE E, LINE 6 | LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE SCHOOLS RECEIVE GOVERNMENT FINANCIAL ASSISTANCE DURING THE YEAR. THE ORGANIZATION IN ITS OPERATIONS AS A PUBLIC CHARTER SCHOOL, RECEIVES STATE AND FEDERAL FINANCIAL AID ASSISTANCE IN ACCORDANCE WITH THE LAW AND ASSOCIATED FUNDING SCHEDULES. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| ARLINGTON HIGHER EDUCATION FINANCE | |||||||
| A | 041806XF2 | 2020-03-01 | $12,465,000 | CONSTRUCTION COSTS FOR A NEW BASIS TEXAS CHARTER SCHOOL FACILITY OPENING IN THE FALL OF 2020 AND FOR | false | false | false |
| ARLINGTON HIGHER EDUCATION FINANCE | |||||||
| B | 0418063B4 | 2021-07-29 | $65,000,000 | CONSTRUCTION COSTS FOR A NEW BASIS TEXAS CHARTER SCHOOL FACILITY AND FOR THE PAYMENT OF CERTAIN ISSU | false | false | false |
| ARLINGTON HIGHER EDUCATION FINANCE | |||||||
| C | 041807AS7 | 2022-06-28 | $43,635,000 | CONSTRUCTION COSTS FOR A NEW BASIS TEXAS CHARTER SCHOOL FACILITY AND FOR THE PAYMENT OF CERTAIN ISSU | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $12,877,407 | $755,000 | $252,070 | $573,394 | $11,296,943 | 2021 | false | false | Yes (true) | Yes (true) | |
| B | $64,018,500 | $3,647,938 | $3,542,500 | $1,103,635 | $45,679,955 | 2022 | false | false | false | Yes (true) | $10,044,472 |
| C | $43,635,000 | $2,681,400 | $3,433,378 | $914,420 | false | false | false | Yes (true) | $36,605,802 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PURPOSE OF ISSUE DESCRIPTION | ARLINGTON HIGHER EDUCATION FINANCE CONSTRUCTION COSTS FOR A NEW BASIS TEXAS CHARTER SCHOOL FACILITY OPENING IN THE FALL OF 2020 AND FOR THE PAYMENT OF CERTAIN ISSUE COSTS RELATED TO THE BOND |
| PURPOSE OF ISSUE DESCRIPTION | ARLINGTON HIGHER EDUCATION FINANCE CONSTRUCTION COSTS FOR A NEW BASIS TEXAS CHARTER SCHOOL FACILITY AND FOR THE PAYMENT OF CERTAIN ISSUE COSTS RELATED TO THE BOND. |
| PURPOSE OF ISSUE DESCRIPTION | ARLINGTON HIGHER EDUCATION FINANCE CONSTRUCTION COSTS FOR A NEW BASIS TEXAS CHARTER SCHOOL FACILITY AND FOR THE PAYMENT OF CERTAIN ISSUE COSTS RELATED TO THE BOND. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | THE VOLUNTEERS ARE BOARD MEMBERS THAT OVERSEE THE OPERATIONS OF THE CORPORATION INCLUDING THE OPERATIONS OF ITS CHARTER SCHOOLS. |
| FORM 990, PAGE 2, PART III, LINE 4A | DURING THE 2021/2022 SCHOOL YEAR, BASIS TEXAS CHARTER SCHOOLS (BTCS) SERVED SIX CAMPUSES WITH A TOTAL ENROLLMENT OF 3,421. THE CAMPUSES CONSISTED OF TWO PRIMARY CAMPUSES SERVING KINDERGARTEN TO 5TH GRADE (BASIS SAN ANTONIO MEDICAL CENTER AND BASIS SAN ANTONIO NORTH CENTRAL LOCATIONS), ONE PRIMARY CAMPUS SERVING KINDERGARTEN TO 2ND GRADE (AUSTIN PRIMARY LOCATION), TWO COMBINED CAMPUSES SERVING KINDERGARTEN THROUGH 7TH GRADE (BASIS SAN ANTONIO NORTHEAST LOCATION), AND ONE HIGH SCHOOL CAMPUS SERVING GRADES 6 THROUGH 12 (BASIS SAN ANTONIO SHAVANO LOCATION). BTCS UTILIZES THE BASIS.ED COMPREHENSIVE LIBERAL ARTS CURRICULUM PROGRAM WHICH IS DESIGNED FOR GRADES K, 1-4, 5-7, AND 8-12. A DEMOGRAPHICALLY DIVERSE POPULATION IS SERVED, WITH THE HIGHEST RACE/ETHNICITY GROUP BEING HISPANIC. OTHER CATEGORIES SERVED ARE ECONOMICALLY DISADVANTAGED, ENGLISH LANGUAGE LEARNERS, AND SPECIAL EDUCATION. DURING 2022 BASIS TEXAS CHARTER SCHOOLS WAS RANKED THE 1 SCHOOL DISTRICT IN TEXAS BY THE TEXAS EDUCATION AGENCY (TEA). BASIS TEXAS ALSO RECEIVED NATIONAL RECOGNITION DURING 2022 BY THE U.S. NEWS AND WORLD REPORT IN FIVE AREAS WHICH INCLUDED BASIS SAN ANTONIO - SHAVANO CAMPUS RANKING 1 IN THE SAN ANTONIO, TX METRO AREA HIGH SCHOOLS. |
| FORM 990, PAGE 6, PART VI, LINE 3 | BASIS EDUCATIONAL GROUP IS OUR EDUCATIONAL MANAGEMENT COMPANY WHICH OVERSEES ALL OF OUR MANAGEMENT DUTIES. |
| FORM 990, PAGE 6, PART VI, LINE 6 | BASIS CHARTER SCHOOLS, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD MEMBERS ARE APPOINTED BY BASIS CHARTER SCHOOLS INC. (THE SOLE MEMBER/PARENT ORGANIZATION). |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE EXECUTIVE DIRECTOR OF BASIS TEXAS CHARTER SCHOOLS REVIEWS THE DRAFT OF THE FORM 990 AS PREPARED BY THE AUDITORS AND PROVIDES IT TO THE FULL BOARD OF DIRECTORS FOR REVIEW. ONCE COMMENTS HAVE BEEN RECEIVED, AND APPROPRIATELY INCORPORATED, THE 990 TAX RETURN IS EXECUTED BY THE EXECUTIVE DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 12C | BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS OR CIRCUMSTANCES WHICH THE BOARD MEMBER BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. THE DISCLOSURES ARE COLLECTED AND USED TO MONITOR AND ENFORCE COMPLIANCE. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK AND SIGNED OFF BY ALL EMPLOYEES. ENFORCEMENT IS FURTHER MONITORED THROUGH THE ORGANIZATION'S INTERNAL CONTROLS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE DIRECTOR AND SUPERINTENDENT'S COMPENSATION IS DETERMINED BY BOARD UPON FORMAL REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION FOR SCHOOL LEADERS IS DETERMINED BY BASIS EDUCATIONAL GROUP, AN OUTSIDE MANAGEMENT COMPANY. THE ORGANIZATION'S LEASED PAYROLL BUDGET IS PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 19 | CONSISTENT WITH TEXAS LAW, ALL GOVERNING DOCUMENTS AND PUBLIC BOARD MINUTES AND POLICIES (INCLUDING COI) ARE MAINTAINED AT THE TEXAS CAMPUS FOR INSPECTION UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | GAIN ON LEASE TERMINATION 94,164 RETURN OF DONATED LAND -1,067,000 TOTAL -972,836 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BASIS CHARTER SCHOOLS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7975 N HAYDEN RD SUITE B100 | AddressLine1Txt |
| City | SCOTTSDALE | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85258 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860908854 | EIN |
| Primary Activities | SCHOOL | PrimaryActivitiesTxt |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 2 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BASIS CHARTER SCHOOLS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | K | TransactionTypeTxt |
| Involved | $3,581,558 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |