VILLAGE TECH SCHOOLS: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: VILLAGE TECH SCHOOLS (EIN 45-5607359)
Tax period: 2017-09-01 to 2018-08-31
Filed: 2019-07-05
IRS object ID: 201901869349300205
Schema version: 2017v2.3
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 K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-07-05T09:03:25-05:00	ReturnTs
Tax Period End	2018-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	752835768	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GREGORY S DELK CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 ALLENTOWN PKWY SUITE 202	AddressLine1Txt
City	ALLEN	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	750024216	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	455607359	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VILLAGE TECH SCHOOLS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	VILL	BusinessNameControlTxt
Phone	9722911390	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	402 W DANIELDALE ROAD	AddressLine1Txt
City	DUNCANVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75137	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID WILLIAMS	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	9723911390	PhoneNum
Signature	2019-06-27	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GREGORY S DELK	PreparerPersonNm
PTIN	P00067510	PTIN
Phone	4696753072	PhoneNum
Preparation	2019-06-27	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	71.42.74.34	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-06-27	IPDt
IP Tm	12:20:24	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	21313F41FCCF5FA0EFFB55769EB6213748374DDB	AtSubmissionCreationDeviceId
At Submission Filing Device Id	B1CA137EB7C98804159A1265FA6F27FF65BD55BC	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	DAVID WILLIAMS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	402 W DANIELDALE ROAD	AddressLine1Txt
City	DUNCANVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75137	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$8,020,595	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.VILLAGETECHSCHOOLS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2012	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	OPERATIONS OF SCHOOLS FOR THE EDUCATION OF STUDENTS USING INDIVIDUALIZED CURRICULUM	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	135	TotalEmployeeCnt
Total Volunteers	266	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$686	PYContributionsGrantsAmt
CY Contributions Grants	$14,407	CYContributionsGrantsAmt
PY Program Service Revenue	$6,704,584	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,939,522	CYProgramServiceRevenueAmt
PY Investment Income	$0	PYInvestmentIncomeAmt
CY Investment Income	$66,666	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$6,705,270	PYTotalRevenueAmt
CY Total Revenue	$8,020,595	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	$3,745,091	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$4,222,045	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,413,630	PYOtherExpensesAmt
CY Other Expenses	$4,348,308	CYOtherExpensesAmt
PY Total Expenses	$6,158,721	PYTotalExpensesAmt
CY Total Expenses	$8,570,353	CYTotalExpensesAmt
PY Revenues Less Expenses	$546,549	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$549,758	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,974,866	TotalAssetsBOYAmt
Total Assets EOY	$23,477,610	TotalAssetsEOYAmt
Total Liabilities BOY	$1,566,313	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$21,618,815	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,408,553	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,858,795	NetAssetsOrFundBalancesEOYAmt
Mission	OPERATIONS OF SCHOOLS FOR THE EDUCATION OF STUDENTS USING INDIVIDUALIZED CURRICULUM	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$7,617,700	ExpenseAmt
Revenue	$8,006,188	RevenueAmt
Desc	OPERATIONS OF SCHOOLS FOR THE EDUCATION OF STUDENTS USING INDIVIDUALIZED CURRICULUM	Desc
Total Program Service Expenses	$7,617,700	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
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	0	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	0	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	Yes (1)	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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	22	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	135	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
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	4	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	0	LocalChaptersInd
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	0	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	AMBER ROBINSON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4694544447	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	402 W DANIELDALE ROAD	AddressLine1Txt
City	DUNCANVILLE	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	75137	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DANIEL G PRICE
BOARD PRESIDENT	1.00	Yes (X)	$0	$0	$0
MELISSA VALADEZ-CUMMINGS
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
LUCY HALE
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
JOSHUA NASON
BOARD SECRETARY	1.00	Yes (X)	$0	$0	$0
JERRY COOK
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
DAVID L WILLIAMS
SUPERINTENDENT	50.00		$91,049	$0	$3,319	Yes (X)
AMBER D ROBINSON
CFO	50.00		$77,622	$0	$19	Yes (X)
JEREMY K JAMESON
COO	50.00		$86,727	$0	$3,319	Yes (X)
ROBERT G JOHANSEN
ASST SUPERINTENDENT	50.00		$88,000	$0	$3,319	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$343,398	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$9,976	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$14,407	AllOtherContributionsAmt
Total Contributions	$14,407	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE EDUCATION ALLOTM	611600	$7,239,367	$7,239,367
LOCAL FOOD/ACTIVITY FU	611600	$480,460	$480,460
FEDERAL EDUCATION PROG	611600	$219,695	$219,695

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,939,522	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$66,666	TotalRevenueColumnAmt
Related Or Exempt Func Income	$66,666	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,020,595	TotalRevenueColumnAmt
Related Or Exempt Func Income	$8,006,188	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$343,398	TotalAmt
Management And General	$343,398	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,514,759	TotalAmt
Program Services	$3,454,466	ProgramServicesAmt
Management And General	$60,293	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$309,392	TotalAmt
Program Services	$291,772	ProgramServicesAmt
Management And General	$17,620	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$54,496	TotalAmt
Program Services	$48,793	ProgramServicesAmt
Management And General	$5,703	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$43,139	TotalAmt
Management And General	$43,139	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$20,770	TotalAmt
Management And General	$20,770	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$410,259	TotalAmt
Program Services	$341,192	ProgramServicesAmt
Management And General	$69,067	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$55,315	TotalAmt
Management And General	$55,315	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$854,686	TotalAmt
Program Services	$826,158	ProgramServicesAmt
Management And General	$28,528	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,859	TotalAmt
Management And General	$4,859	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$146,747	TotalAmt
Management And General	$146,747	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,218,058	TotalAmt
Program Services	$2,135,554	ProgramServicesAmt
Management And General	$82,504	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$59,873	TotalAmt
Management And General	$59,873	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
TEXTBOOKS/READING MATER	$303,555	$303,555
STUDENT BREAKFAST/LUNCH	$62,444	$62,444
MISCELLANEOUS OPERATING	$61,806	$46,969	$14,837
STUDENT TRANSPORTATION	$49,921	$49,921

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$56,876	TotalAmt
Program Services	$56,876	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,570,353	TotalAmt
Program Services	$7,617,700	ProgramServicesAmt
Management And General	$952,653	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$696,638	BOYAmt
EOY	$1,769,927	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$99,481	BOYAmt
EOY	$181,156	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$81,808	BOYAmt
EOY	$84,654	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$20,150,795	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,910,265	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,004,239	BOYAmt
EOY	$17,240,530	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$92,700	BOYAmt
EOY	$4,201,343	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,974,866	BOYAmt
EOY	$23,477,610	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$64,433	BOYAmt
EOY	$1,463,042	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$6,950	BOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,334	BOYAmt
EOY	$5,031	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
EOY	$17,993,187	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,491,596	BOYAmt
EOY	$2,157,555	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,566,313	BOYAmt
EOY	$21,618,815	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$170,129	BOYAmt
EOY	$178,286	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,238,424	BOYAmt
EOY	$1,680,509	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,408,553	BOYAmt
EOY	$1,858,795	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,974,866	BOYAmt
EOY	$23,477,610	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$549,758	ReconcilationRevenueExpnssAmt
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	0	FederalGrantAuditRequiredInd

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	$2,077,145	OtherCostOrOtherBasisAmt
Book Value	$2,077,145	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$17,470,761	OtherCostOrOtherBasisAmt
Depreciation	$2,595,435	DepreciationAmt
Book Value	$14,875,326	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$387,414	OtherCostOrOtherBasisAmt
Depreciation	$314,830	DepreciationAmt
Book Value	$72,584	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$215,475	OtherCostOrOtherBasisAmt
Book Value	$215,475	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$17,240,530	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
DEPOSITS	$92,700
ESCROWED LONG TERM DEBT RESERVES	$4,108,643

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$4,201,343	TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt	$8,020,595	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$8,020,595	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$8,020,595	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$8,570,353	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$8,570,353	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$8,570,353	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 SCHOOL OPERATES UNDER A TEXAS OPEN ENROLLMENT CHARTER PROHIBITING DISCRIMINATION AND ACCEPTING ALL STUDENTS WITHIN THEIR GEOGRAPHIC BOUNDARIES UNDER THE SAME RULES AS THE TEXAS PUBLIC SCHOOLS.
SCHEDULE E, PART I, LINE 6	THE SCHOOL RECEIVES THE USUAL FEDERAL EDUCATION GRANTS AND STATE EDUCATION PROGRAM REVENUES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NEWARK HIGHER EDUCATION FINANCE CORPORATION
A	465361566	650346DA4	2017-11-29	$98	CONSTRUCTION OF SCHOOL BUILDING LOAN	0	0	0
NEWARK HIGHER EDUCATION FINANCE CORPORATION
B	465361566	650346DB2	2017-11-29	$98	CONSTRUCTION OF SCHOOL BUILDING LOAN	0	0	0
NEWARK HIGHER EDUCATION FINANCE CORPORATION
C	465361566	650346DC0	2017-11-29	$98	CONSTRUCTION OF SCHOOL BUILDING LOAN	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$2,794,502	$188,695	$55,890	$2,549,506	$411	2019	Yes (1)	Yes (1)
B	$5,249,531	$354,468	$104,991	$4,789,299	$773	2019	Yes (1)	Yes (1)
C	$10,277,666	$693,986	$205,553	$9,376,614	$1,513	2019	Yes (1)	Yes (1)

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	0	0	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0	0	0
C	0	0	0	0	0	0	0	0	0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PROVIDED TO THE GOVERNING BODY AND ORGANIZATION'S OFFICERS PRIOR TO ITS SUBMISSION AND IS APPROVED BY AT LEAST TWO OFFICERS PRIOR TO ITS SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD APPROVES ALL SALARIES OF OFFICERS AND KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 FILING ARE AVAILABLE UPON REQUEST.
FORM 990 PART XII LINE 2C	THERE HAVE BEEN NO CHANGES IN THE PROCESS FROM THE PRIOR YEAR.