HARMONY PUBLIC SCHOOLS: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HARMONY PUBLIC SCHOOLS (EIN 76-0615245)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-03-17
- IRS object ID
- 202120769349300307
- Schema version
- 2019v5.2
- 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
- Form 990
- Schedule A
- Schedule D
- Schedule E
- Schedule J
- Schedule K
- Schedule K
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-17T08:03:09-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752393478 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITLEY PENN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 GULF FREEWAY STE 226 | AddressLine1Txt |
| City | TEXAS CITY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77591 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760615245 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARMONY PUBLIC SCHOOLS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HARM | BusinessNameControlTxt |
| Phone | 7133433333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9321 W SAM HOUSTON PKWY SOUTH | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FATIH AY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7133433333 | PhoneNum |
| Signature | 2021-03-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYDIA INABA COOK | PreparerPersonNm |
| PTIN | P01252610 | PTIN |
| Phone | 4099484406 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FATIH AY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9321 W SAM HOUSTON PKWY SOUTH | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $405,254,911 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HARMONYTX.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | HARMONY PUBLIC SCHOOLS PREPARES EACH AND EVERY STUDENT FOR COLLEGE AND CAREER BY PROVIDING A SAFE, CARING AND COLLABORATIVE ATMOSPHERE AND A QUALITY STUDENT-CENTERED EDUCATIONAL PROGRAM WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 5428 | TotalEmployeeCnt |
| Total Volunteers | 9062 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $350,716,329 | PYContributionsGrantsAmt |
| CY Contributions Grants | $393,715,933 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,848,170 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,949,539 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,898,991 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,589,439 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $366,463,490 | PYTotalRevenueAmt |
| CY Total Revenue | $405,254,911 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $227,044,755 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $263,834,930 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $117,421,981 | PYOtherExpensesAmt |
| CY Other Expenses | $128,889,040 | CYOtherExpensesAmt |
| PY Total Expenses | $344,466,736 | PYTotalExpensesAmt |
| CY Total Expenses | $392,723,970 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $21,996,754 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,530,941 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $623,687,494 | TotalAssetsBOYAmt |
| Total Assets EOY | $681,305,210 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $534,923,940 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $581,671,449 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $88,763,554 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $99,633,761 | NetAssetsOrFundBalancesEOYAmt |
| Mission | HARMONY PUBLIC SCHOOLS PREPARES EACH AND EVERY STUDENT FOR COLLEGE AND CAREER BY PROVIDING A SAFE, CARING AND COLLABORATIVE ATMOSPHERE AND A QUALITY STUDENT-CENTERED EDUCATIONAL PROGRAM WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $367,356,329 | ExpenseAmt |
| Revenue | $9,367,547 | RevenueAmt |
| Desc | OPERATING AND DEVELOPING CHARTER SCHOOLS TO PROVIDE A SAFE, CARING AND COLLABORATIVE ATMOSPHERE WITHIN A STUDENT-CENTERED EDUCATIONAL PROGRAM WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS IN ORDER TO PREPARE STUDENTS FOR HIGHER EDUCATION. | Desc |
| Total Program Service Expenses | $367,356,329 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 700 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 5428 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR NIHAT BAYHAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7133433333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9321 W SAM HOUSTON PKWY SOUTH | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ONER U CELEPCIKAY | |||||||
| BOARD CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HOMER STEWART | |||||||
| FIRST VICE-CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAISY MORALES | |||||||
| SECOND VICE-CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| OSMAN KANLIOGLU | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HAKDURAN KOC | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| OSMAN NAL | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HELEN SHERWOOD | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| FATIH AY | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $193,865 | $0 | $31,499 | ||
| DARREN POLAT | |||||||
| CHIEF OPERATION OFFICER | 40.00 | Yes (X) | $117,920 | $0 | $19,580 | ||
| YALCIN AKYILDIZ | |||||||
| CHIEF ADVANCEMENT OFFICER | 40.00 | Yes (X) | $123,584 | $0 | $20,072 | ||
| EMRE ALTUNKOPRU | |||||||
| CHIEF HUMAN RESOURCE OFFIC | 40.00 | Yes (X) | $105,512 | $0 | $16,505 | ||
| SALIH AYKAC | |||||||
| CHIEF COLLEGE AND CAREER OFFICER | 40.00 | Yes (X) | $103,383 | $0 | $16,772 | ||
| METIN EKREN | |||||||
| CHIEF INTERNAL AUDITOR | 40.00 | Yes (X) | $123,892 | $0 | $19,352 | ||
| NIHAT BAYHAN | |||||||
| DEPUTY SUPERINTENDENT | 40.00 | Yes (X) | $121,250 | $0 | $19,848 | ||
| EDWARD CAGLAR | |||||||
| CHIEF INFORMATION OFFICER | 40.00 | Yes (X) | $120,684 | $0 | $19,848 | ||
| MINH BACA | |||||||
| CHIEF COMPLIANCE OFFICER | 40.00 | Yes (X) | $107,480 | $0 | $8,160 | ||
| UMIT ALPASLAN | |||||||
| DEPUTY SUPERINTENDENT | 40.00 | Yes (X) | $125,292 | $0 | $23,753 | ||
| KAAN CAMUZ | |||||||
| CHIEF PUBLIC RELATIONS OFF | 40.00 | Yes (X) | $113,990 | $0 | $19,312 | ||
| GINA GREGORY | |||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | Yes (X) | $110,297 | $0 | $25,055 | ||
| JOHN BOYD | |||||||
| CHIEF COMMUNICATIONS AND MARKETING OFFICER | 40.00 | Yes (X) | $88,395 | $0 | $11,648 | ||
| BILGEHAN M YASAR | |||||||
| AREA SUPERINTENDENT | 40.00 | $118,245 | $0 | $19,092 | Yes (X) | ||
| GULTEKIN KAYA | |||||||
| EMPLOYEE | 40.00 | $119,261 | $0 | $19,229 | Yes (X) | ||
| RAMAZAN COSKUNER | |||||||
| AREA SUPERINTENDENT | 40.00 | $116,307 | $0 | $20,851 | Yes (X) | ||
| HARUN KARAN | |||||||
| AREA SUPERINTENDENT | 40.00 | $122,118 | $0 | $20,138 | Yes (X) | ||
| OZGUR OZER | |||||||
| EMPLOYEE | 40.00 | $116,454 | $0 | $19,580 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,147,929 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $350,294 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| REVOLUTION FOODS INC | |||||
| 8393 CAPWELL DRIVE SUITE 200 | OAKLAND | CA | 94621 | CATERING SERVICE | $6,720,461 |
| KEY CONSTRUCTION TEXAS LLC | |||||
| 741 W 2ND STREET N | WICHITA | KS | 67203 | CONSTRUCTION SERVICE | $5,819,692 |
| DELL FINANCIAL SERVICES | |||||
| PO BOX 676021 C/O DELL USA LP | DALLAS | TX | 752676021 | FINANCIAL | $3,781,680 |
| REGIONS BANK | |||||
| 3773 RICHMOND AVENUE SUITE 1100 | HOUSTON | TX | 77046 | RENT | $3,562,245 |
| MAZANEC CONSTRUCTION CO | |||||
| PO BOX 154400 | WACO | TX | 76715 | CONSTRUCTION SERVICE | $3,193,278 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $393,715,933 | GovernmentGrantsAmt |
| Total Contributions | $393,715,933 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $8,949,539 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,949,539 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,949,539 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,171,431 | TotalRevenueColumnAmt |
| Exclusion | $2,171,431 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $418,008 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $418,008 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $418,008 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $418,008 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $405,254,911 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,367,547 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,171,431 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,555,544 | TotalAmt |
| Program Services | $1,555,544 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $233,641,192 | TotalAmt |
| Program Services | $217,286,308 | ProgramServicesAmt |
| Management And General | $16,354,884 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,454,859 | TotalAmt |
| Program Services | $22,743,019 | ProgramServicesAmt |
| Management And General | $1,711,840 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,183,335 | TotalAmt |
| Program Services | $3,890,502 | ProgramServicesAmt |
| Management And General | $292,833 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,736,327 | TotalAmt |
| Program Services | $24,086,425 | ProgramServicesAmt |
| Management And General | $5,649,902 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,367,342 | TotalAmt |
| Program Services | $3,333,669 | ProgramServicesAmt |
| Management And General | $33,673 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,423,642 | TotalAmt |
| Program Services | $2,060,096 | ProgramServicesAmt |
| Management And General | $363,546 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,573,685 | TotalAmt |
| Program Services | $23,573,685 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,961,510 | TotalAmt |
| Program Services | $19,961,510 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,357,349 | TotalAmt |
| Program Services | $1,275,908 | ProgramServicesAmt |
| Management And General | $81,441 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SUPPLIES | $20,941,779 | $20,522,943 | $418,836 |
| REPAIRS & MAINTENANCE | $9,396,504 | $9,302,539 | $93,965 |
| OTHER | $7,317,518 | $7,097,992 | $219,526 |
| UTILITIES | $5,906,878 | $5,906,878 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,906,506 | TotalAmt |
| Program Services | $4,759,311 | ProgramServicesAmt |
| Management And General | $147,195 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,723,970 | TotalAmt |
| Program Services | $367,356,329 | ProgramServicesAmt |
| Management And General | $25,367,641 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,153,459 | BOYAmt |
| EOY | $71,426,158 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,628,739 | BOYAmt |
| EOY | $85,456,437 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,885,964 | BOYAmt |
| EOY | $65,099,280 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,224,987 | BOYAmt |
| EOY | $1,821,298 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $470,214 | BOYAmt |
| EOY | $149,002 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $613,198,047 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $156,077,464 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,072,457 | BOYAmt |
| EOY | $457,120,583 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,674 | BOYAmt |
| EOY | $232,452 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $623,687,494 | BOYAmt |
| EOY | $681,305,210 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,610,831 | BOYAmt |
| EOY | $10,539,370 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $355,855 | BOYAmt |
| EOY | $76,675 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,121,679 | BOYAmt |
| EOY | $387,112,277 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,843,752 | BOYAmt |
| EOY | $26,196,190 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,991,823 | BOYAmt |
| EOY | $157,746,937 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $534,923,940 | BOYAmt |
| EOY | $581,671,449 | 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 | $30,512,788 | BOYAmt |
| EOY | $28,878,221 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,250,766 | BOYAmt |
| EOY | $70,755,540 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,763,554 | BOYAmt |
| EOY | $99,633,761 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $623,687,494 | BOYAmt |
| EOY | $681,305,210 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $12,530,941 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$1,660,734 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,722,900 | OtherCostOrOtherBasisAmt |
| Book Value | $47,722,900 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $383,332,834 | OtherCostOrOtherBasisAmt |
| Depreciation | $103,252,476 | DepreciationAmt |
| Book Value | $280,080,358 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,660,218 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,207,983 | DepreciationAmt |
| Book Value | $27,452,235 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $130,482,095 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,617,005 | DepreciationAmt |
| Book Value | $101,865,090 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $457,120,583 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE LIABILITY | $109,465,167 |
| WAGES PAYABLE | $29,332,738 |
| INTEREST PAYABLE | $7,040,432 |
| PAYROLL TAXES PAYABLE | $11,908,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $157,746,937 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $405,254,911 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $405,254,911 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $405,254,911 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $392,723,970 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $392,723,970 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $392,723,970 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE ORGANIZATION INVITES STUDENTS OF ALL BACKGROUNDS TO APPLY VIA ITS WEBSITE YEAR-ROUND AND INCLUDES A NONDISCRIMINATORY DISCLOSURE STATEMENT ON APPLICATION MATERIALS MADE AVAILABLE TO THE PUBLIC. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVES A MAJORITY OF ITS REVENUE FROM STATE AND FEDERAL SOURCES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FATIH AY | PersonNm |
| Title | CHIEF EXECUTIVE OFFICER | TitleTxt |
| Base Compensation Filing Org | $193,865 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $14,847 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $16,652 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $225,364 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| 2010QSCB BOND TEXAS PUBLIC FINANCE AUTHORITY CHARTER SCHOOL FINANCE CORP | ||||||||
| A | 562491403 | 88276PCH7 | 2010-05-06 | $39,910,000 | BUILDING AND EQUIPMENT | 0 | 0 | 0 |
| 2011QSCB BOND CITY OF HOUSTON HIGHER EDUCATION FINANCE AUTHORITY | ||||||||
| B | 760380714 | 442378EG6 | 2011-05-26 | $5,085,000 | BUILDING AND EQUIPMENT | 0 | 0 | 0 |
| 2011A CITY OF HOUSTON HIGHER EDUCATION FINANCE CORPORATION | ||||||||
| C | 760380714 | 442378ED3 | 2011-05-26 | $58,748,337 | BUILDING AND EQUIPMENT | 0 | 0 | 0 |
| 2012A BOND CITY OF HOUSTON HIGHER EDUCATION FINANCE CORPORATION | ||||||||
| D | 760380714 | 442378ES0 | 2012-05-09 | $31,689,656 | BUILDING AND EQUIPMENT | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE K, PART IV, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS AN ARBITRAGE COMPLIANCE COMPLETED ANNUALLY IN ORDER TO MONITOR THE REQUIREMENTS OF SECTION 148. FOR 2019, THERE WERE NO FINDINGS INCLUDED IN THE REPORT BUT IF ANY VIOLATIONS ARE FOUND DURING THE COMPLIANCE, THE ORGANIZATIONS HAS PROCEDURES IN PLACE TO ENSURE TIMELY IDENTIFICATION AND CORRECTION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| 2014A BOND CITY OF HOUSTON HIGHER EDUCATION FINANCE CORPORATION | ||||||||
| A | 760380714 | 44237HAA3 | 2014-07-15 | $111,415,968 | TO DEFEASE BONDS/NEW | Yes (1) | 0 | 0 |
| 2014QSCB BOND TEXAS PUBLIC FINANCE AUTHORITY CHARTER SCHOOL FINANCE CORP | ||||||||
| B | 562491403 | 88276PDE3 | 2014-12-03 | $8,880,000 | BUILDING AND EQUIPMENT | 0 | 0 | 0 |
| 2015 BOND ARLINGTON HIGHER EDUCATION FINANCE | ||||||||
| C | 273906171 | 041806ER7 | 2015-06-30 | $118,670,732 | TO DEFEASE BONDS | Yes (1) | 0 | 0 |
| 2016 BOND ARLINGTON HIGHER EDUCATION FINANCE | ||||||||
| D | 273906171 | 041806FX3 | 2016-05-18 | $65,087,231 | TO DEFEASE BONDS/NEW | Yes (1) | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|
| A | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) |
| C | Yes (1) | 0 | Yes (1) | Yes (1) |
| D | Yes (1) | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 2017 BOND ARLINGTON HIGHER EDUCATION FINANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273906171 | BondIssuerEIN |
| CUSIP | 041806LX6 | CUSIPNum |
| Bond Issued | 2017-05-25 | BondIssuedDt |
| Issue Price | $43,659,113 | IssuePriceAmt |
| Purpose | TO DEFEASE BONDS/NEW | PurposeDesc |
| Defeased | Yes (1) | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY MANAGEMENT AND MEMBERS OF THE GOVERNING BODY BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF DIRECTORS AND MANAGEMENT MUST DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST PRIOR TO BOARD ACTION. RELATIONSHIPS WITH THIRD PARTIES ARE REVIEWED ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 | AN ANNUAL SALARY REVIEW IS PERFORMED BY THE BOARD FOR THE ORGANIZATION'S TOP OFFICIALS AND SALARY IS ADJUSTED AS DEEMED APPROPRIATE. FOR THE ORGANIZATION'S OFFICERS, AN ANNUAL SALARY REVIEW IS PERFORMED BY THE BOARD AND SALARIES ARE ADJUSTED IN ACCORDANCE WITH ESTABLISHED SALARY SCALE. |
| FORM 990, PART VI, SECTION C, LINE 19 | WRITTEN REQUESTS FOR INFORMATION MAY BE SUBMITTED TO THE PRINCIPAL ADDRESS NOTED ON FORM 990. |
| FORM 990, PART XI, LINE 8 | DURING FISCAL YEAR 2020, THE ORGANIZATION IMPLEMENTED ASU 2016-02 LEASES (TOPIC 842). THE STANDARD REPORTING FOR THIS IMPLEMENTATION IS RETROACTIVE SO A PRIOR PERIOD ADJUSTMENT WAS NECESSARY. |
| FORM 990, PART XII, LINE 2C | FINANCIAL DOCUMENTS AND OTHER RELATED FINANCIAL DATA ARE REVIEWED BY THE FINANCE COMMITTEE IN DETAIL PRIOR TO PRESENTING TO THE GOVERNING BOARD. |