Form 990 for tax year 2022
Filed by BASIS TEXAS CHARTER SCHOOLS INC.
Totals
- Total revenue
- $57,473,911
- Total expenses
- $56,354,964
- Contributions and grants received
- $11,125,677
- Grants paid
- $0
- Program service revenue
- $45,438,090
- Investment income
- $869,669
- Other revenue
- $40,475
- Total assets, end of year
- $226,293,425
- Total liabilities, end of year
- $215,911,271
- Net assets or fund balances, end of year
- $10,382,154
- Program services expenses (Part IX)
- $45,317,999
- Management and general expenses
- $10,562,044
- Fundraising expenses
- $474,921
- Program service expenses (Part III)
- $45,317,999
Program services were 80.4% 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.
-
1e · Government grants (contributions)
$4,415,464
-
1f · All other contributions, gifts and grants
$6,710,213
-
2a · Program service revenue: STATE PROGRAM REVENUE
total $43,025,231 · related or exempt $43,025,231
-
2b · Program service revenue: STUDENT ACTIVITY FEES
total $2,412,859 · related or exempt $2,412,859
-
3 · Investment income
total $1,315,473 · excluded $1,315,473
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $40,475
-
6c · Rental income or loss
real property $40,475
-
6d · Net rental income or loss
total $40,475 · excluded $40,475
-
7b · Less cost or other basis and sales expenses
other assets $445,804
-
7c · Gain or loss
other assets -$445,804
-
7d · Net gain or loss
total -$445,804 · excluded -$445,804
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $238,584 · management and general $238,584
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $24,558,680 · program services $21,799,648 · management and general $2,535,579 · fundraising $223,453
-
8 · Pension plan contributions
total $2,547,251 · program services $2,251,230 · management and general $286,101 · fundraising $9,920
-
9 · Other employee benefits
total $2,762,654 · program services $2,471,003 · management and general $285,190 · fundraising $6,461
-
10 · Payroll taxes
total $101,178 · program services $97,601 · management and general $3,230 · fundraising $347
-
11a · Fees: management
total $6,772,291 · program services $5,259,145 · management and general $1,513,146
-
11b · Fees: legal
total $37,740 · management and general $37,740
-
11c · Fees: accounting
total $28,800 · program services $16,520 · management and general $12,280
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,981,806 · program services $1,482,378 · management and general $499,228 · fundraising $200
-
12 · Advertising and promotion
total $893,477 · program services $267,447 · management and general $626,030
-
13 · Office expenses
total $156,189 · program services $106,113 · management and general $50,076
-
14 · Information technology
total $389,134 · program services $210,405 · management and general $178,729
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,581,924 · program services $1,066,896 · management and general $515,028
-
17 · Travel
total $73,342 · program services $39,202 · management and general $33,465 · fundraising $675
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $6,489,426 · program services $4,542,830 · management and general $1,946,596
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $4,717,233 · program services $3,432,121 · management and general $1,285,112
-
23 · Insurance
total $376,713 · program services $263,684 · management and general $113,029
-
24a · Other expenses: SUPPLIES & MATERIALS
total $1,836,448 · program services $1,575,595 · management and general $260,663 · fundraising $190
-
24b · Other expenses: OTHER EXPENSES
total $579,458 · program services $436,181 · management and general $142,238 · fundraising $1,039
-
24c · Other expenses: FUNDRAISING
total $232,636 · fundraising $232,636
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,945,345 · end of year $10,457,363
-
2 · Savings and temporary cash investments
beginning of year $55,755,493 · end of year $40,246,075
-
3 · Pledges and grants receivable
beginning of year $7,040,725 · end of year $9,332,147
-
4 · Accounts receivable
beginning of year $72,183 · end of year $678,149
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,116,414 · end of year $1,128,396
-
10a · Land, buildings and equipment: cost or other basis
$72,826,686
-
10b · Land, buildings and equipment: accumulated depreciation
$4,460,740
-
10c · Land, buildings and equipment, net
beginning of year $65,222,985 · end of year $68,365,946
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $4,075,735 · end of year $5,765,733
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $61,305,281 · end of year $90,319,616
-
17 · Accounts payable and accrued expenses
beginning of year $9,973,051 · end of year $14,762,217
-
19 · Deferred revenue
beginning of year $88,620
-
20 · Tax-exempt bond liabilities
beginning of year $118,004,839 · end of year $136,265,810
-
24 · Unsecured notes and loans payable
beginning of year $400,000 · end of year $400,000
-
25 · Other liabilities
beginning of year $64,681,837 · end of year $64,483,244
-
27 · Net assets without donor restrictions
beginning of year $2,853,696 · end of year $3,087,135
-
28 · Net assets with donor restrictions
beginning of year $6,532,118 · end of year $7,295,019
Mission and programs · 2022
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.
-
DURING THE 2022/2023 SCHOOL YEAR, BASIS TEXAS CHARTER SCHOOLS (BTCS) SERVED EIGHT CAMPUSES WITH A TOTAL ENROLLMENT OF 4,823. THE CAMPUSES CONSISTED OF THREE PRIMARY CAMPUSES SERVING KINDERGARTEN TO 5TH GRADE (BASIS SAN ANTONIO MEDICAL CENTER, BASIS SAN ANTONIO NORTH CENTRAL, AND BASIS BENBROOK, FOUR COMBINED CAMPUSES SERVING kINDERGARTEN THROUGH 8TH GRADE, (BASIS SAN ANTONIO NORTHEAST, BASIS AUSTIN, BASIS PFULGERVILLE, AND BASIS JACK LEWIS JR. LOCATIONS) AND ONE HIGH SCHOOL CAMPUS SERVICE 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 2023 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.
Expenses $45,317,999 · Revenue $45,438,090
As filed on the 2022 return.
Listed in Part VII
-
Andrew FreemanANDREW FREEMAN
Executive Dir.
- Total calculated
- $144,444
- From this org
- $127,670
- From related orgs
- $0
- Other
- $16,774
- Hours/week
- 40
-
Andrea PerezANDREA PEREZ
SUPERINTENDENT
- Total calculated
- $108,348
- From this org
- $94,942
- From related orgs
- $0
- Other
- $13,406
- Hours/week
- 40
-
Ed AllredED ALLRED
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Dr Craig BarrettDR CRAIG BARRETT
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Dr Joelle ChoucairDR JOELLE CHOUCAIR
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr William HarrisDR WILLIAM HARRIS
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Kayvee KondapalliKAYVEE KONDAPALLI
Director
- Total calculated
- $0
- Hours/week
- 1
-
Harvey VigneaultHARVEY VIGNEAULT
Director
- Total calculated
- $0
- Hours/week
- 1
-
Glen HamerGLEN HAMER
Director
- Total calculated
- $0
- Hours/week
- 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
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.
-
501(C)(3) · SCHOOL · AZ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411349349304831
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