Oconnell High School Foundation
- Assets
- $5.8m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Galveston, TX
- Founding
- 06/2005
- Data as of
- 07/2021
- EIN
- 36-4556466
Organization Overview
Oconnell High School Foundation is located in Galveston, TX. The organization was established in 2005. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2021, Oconnell High School Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oconnell High School Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Oconnell High School Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.1m during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF PRIVATE HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATION OF O'CONNELL HIGH SCHOOL WITH ENROLLMENT OF APPROXIMATELY 72 STUDENTS. THE SCHOOL SERVES STUDENTS OF LOW-INCOME FAMILIES REGARDLESS OF RELIGIOUS AFFILIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Mallia President | OfficerTrustee | 5 | $0 |
Stephanie Doyle Secretary | OfficerTrustee | 1 | $0 |
John Cartwright Treasurer | OfficerTrustee | 2 | $0 |
FR Jude Ezuma Member | Trustee | 1 | $0 |
Tammy Jacobs Member | Trustee | 1 | $0 |
Cindy Cagle Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $183,117 |
| All other contributions, gifts, grants, and similar amounts not included above | $398,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $581,396 |
| Total Program Service Revenue | $482,633 |
| Investment income | $205,761 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $103,036 |
| Net Income from Fundraising Events | $37,484 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,410,310 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $624,983 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,521 |
| Payroll taxes | $45,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,810 |
| Fees for services: Other | $26,882 |
| Advertising and promotion | $7,838 |
| Office expenses | $29,681 |
| Information technology | $7,311 |
| Royalties | $0 |
| Occupancy | $65,339 |
| Travel | $12,193 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,735 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,413 |
| Insurance | $76,846 |
| All other expenses | $3,405 |
| Total functional expenses | $1,116,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,912 |
| Savings and temporary cash investments | $803,119 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,029 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,928 |
| Net Land, buildings, and equipment | $642,527 |
| Investments—publicly traded securities | $4,000,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,796,515 |
| Accounts payable and accrued expenses | $20,136 |
| Grants payable | $0 |
| Deferred revenue | $19,090 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $12,879 |
| Unsecured mortgages and notes payable | $216,381 |
| Other liabilities | $0 |
| Total liabilities | $268,486 |
| Net assets without donor restrictions | $713,014 |
| Net assets with donor restrictions | $4,815,015 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,796,515 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Oconnell High School Foundation has recieved totaling $110,000.
| Awarding Organization | Amount |
|---|---|
Harry S And Isabel C Cameron Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $50,000 |
Scanlan Foundation Houston, TX PURPOSE: TO SUPPORT CATHOLIC EDUCATIONAL ACTIVITIES | $40,000 |
Charity Guild Of Catholic Women Of Harris County Houston, TX PURPOSE: Tuition assistance | $20,000 |
Endowment Analysis
| Beg. Balance | $4,381,233 |
| Earnings | $627,301 |
| Admin Expense | $34,810 |
| Other Expense | $170,605 |
| Ending Balance | $4,803,119 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Thaden School Bentonville, AR | $79,028,915 | $15,891,102 |
Academics Plus Charter Schools Inc Maumelle, AR | $7,409,476 | $15,799,644 |
Marine Military Academy Inc Harlingen, TX | $47,303,872 | $14,319,783 |
South Texas Educational Technologies Inc Weslaco, TX | $17,267,724 | $15,758,985 |
Akibayavneh Academy Dallas, TX | $13,685,007 | $15,057,848 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |
Student Alternatives Program Incorporated San Antonio, TX | $19,593,024 | $15,118,019 |
Braination Inc San Antonio, TX | $31,349,196 | $17,109,722 |
Bosque School Albuquerque, NM | $33,698,643 | $13,258,557 |
The Academy Fayetteville, AR | $10,084,024 | $11,745,768 |
Winfree Academy Charter School Carrollton, TX | $12,943,663 | $11,352,122 |