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Nonprofiteer
← BEST SCHOOL

Form 990 for tax year 2023

Filed by BEST SCHOOL.

Totals

Total revenue
$500,000
Total expenses
$403,563
Contributions and grants received
$500,000
Grants paid
$200,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$96,540
Total liabilities, end of year
$103
Net assets or fund balances, end of year
$96,437
Program services expenses (Part IX)
$200,000
Management and general expenses
$203,563
Fundraising expenses
$0
Program service expenses (Part III)
$200,000

Program services were 49.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $500,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $200,000 · program services $200,000

  • 11b · Fees: legal

    total $24,997 · management and general $24,997

  • 24a · Other expenses: Relocation Expenses

    total $178,463 · management and general $178,463

  • 24b · Other expenses: Meal Expense

    total $103 · management and general $103

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $96,540

  • 17 · Accounts payable and accrued expenses

    end of year $103

  • 27 · Net assets without donor restrictions

    end of year $96,437

Mission and programs · 2023

Mission

Open a group of charter schools in Tarrant County, Texas that is the leader in state academic performance.

  • TBS researched various locations in the Tarrant County area to open our first charter school. A location was selected and we began negotiations on lease options of the building. A determination was made that the planned CEO was not the right fit for the organization and we have moved forward with looking for a replacement.

    Expenses $200,000 · Grants $200,000

As filed on the 2023 return.

Listed in Part VII

  • Ana Shropshire

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Chris Barbic

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Matthew Carter

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Brent Beasley

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Preston M Geren III

    President

    Total calculated
    $0
    Hours/week
    0.5

  • Dana Stayton

    Secretary

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
4 October 2024
IRS schema version
2023v5.1
Source object
202412789349301046

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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