Totals
- Total revenue
- $0
- Total expenses
- $853,863
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $16,774,052
- Total liabilities, end of year
- $17,454,541
- Net assets or fund balances, end of year
- -$680,489
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
Functional expenses
Part IX, the statement of functional expenses.
-
12 · Advertising and promotion
total $5,600
-
20 · Interest
total $199,300
-
22 · Depreciation, depletion and amortization
total $231,927
-
24a · Other expenses: SETTLEMENT EXPENSE
total $400,000
-
24b · Other expenses: QUALICB CLOSING COSTS
total $15,733
-
24c · Other expenses: OPERATING EXPENSE
total $1,303
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,766,249 · end of year $411,727
-
10a · Land, buildings and equipment: cost or other basis
$16,323,812
-
10b · Land, buildings and equipment: accumulated depreciation
$231,927
-
10c · Land, buildings and equipment, net
beginning of year $13,488,957 · end of year $16,091,885
-
15 · Other assets
beginning of year $0 · end of year $270,440
-
17 · Accounts payable and accrued expenses
beginning of year $471,017 · end of year $400,000
-
24 · Unsecured notes and loans payable
beginning of year $15,610,815 · end of year $15,626,547
-
25 · Other liabilities
beginning of year $0 · end of year $1,427,994
-
27 · Net assets without donor restrictions
beginning of year -$288,639 · end of year -$1,142,502
-
28 · Net assets with donor restrictions
beginning of year $462,013 · end of year $462,013
Mission and programs · 2024
Mission
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING AND HOLDING TITLE TO REAL PROPERTY, COLLECTING THE INCOME THEREFROM AND REMITTING THE ENTIRE AMOUNT OF SUCH INCOME TO COMMUNITIES IN SCHOOLS-CENTRAL TEXAS, INC.
-
LEASE THE PROPERTY AND IMPROVEMENTS TO COMMUNITIES IN SCHOOLS OF CENTRAL TEXAS.
As filed on the 2024 return.
Listed in Part VII
-
KEVIN SOOCH
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID HOLODY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
JO LYN KALLISON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
LUCIO CALZADA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ISABEL WELLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANNY ROTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAMERON BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHARON VIGIL
CEO
- Total calculated
- $259,451
- From this org
- $0
- From related orgs
- $235,255
- Other
- $24,196
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $235,255 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $24,196 related
- Filer's total
- $0 + $259,451 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
COMMUNITIES IN SCHOOLS OF CENTRAL TEXAS
501(C)(3) · SUPPORT STUDENTS AND REMOVE BARRIERS TO SUCCESS IN SCHOOL · TX
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621039349301322
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