Great Hearts America-Texas
- Assets
- $263.6m
- Revenue
- $73.6m
- Investments
- $0.0
- Employees
- 1,060
- Location
- San Antonio, TX
- Founding
- 10/2003
- Data as of
- 06/2021
- EIN
- 43-1973126
Organization Overview
Great Hearts America-Texas is located in San Antonio, TX. The organization was established in 2003. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 06/2021, Great Hearts America-Texas employed 1,060 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Hearts America-Texas 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 06/2021, Great Hearts America-Texas generated $73.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $67.3m during the year ending 06/2021. While expenses have increased by 26.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
THE PRIMARY GOAL OF GREAT HEARTS AMERICA - TEXAS IS TO GRADUATE THOUGHTFUL LEADERS OF CHARACTER WHO WILL CONTRIBUTE TO A MORE PHILOSOPHICAL, HUMANE, AND JUST SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREAT HEARTS AMERICA - TEXAS ACADEMIES ARE PUBLIC, INDEPENDENTLY OPERATED CHARTER SCHOOLS WITH OPEN ADMISSIONS POLICIES. EACH SCHOOL PROMISES A TRADITIONAL LIBERAL ARTS EDUCATION WITH SMALL CLASSES, AND AN ADVANCED HONORS CORE CURRICULUM. EACH ACADEMY REQUIRES A COMMON AND RIGOUROUS SEQUENCE OF COURSES FOR ALL STUDENTS. ALL STUDENTS GRADUATE AS CRITICAL THINKERS, COHERENT WRITERS, AND CONFIDENT SPEAKERS. HIGH EXPECTATIONS FOR SUTDENT CONDUCT ARE CO-EQUAL WITH THE SCHOOL'S ACADEMIC STANDARDS. STUDENTS PROFESS AN HONOR CODE THAT CALLS UPON THEM TO PRACTICE AND DEFEND ACADEMIC INTEGRITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Ellison Director Of | Officer | 40 | $152,391 |
Dejah Behnke VP For Advan | 40 | $150,958 | |
Kurtis Indorf VP Instr Imp | 40 | $144,250 | |
Kenneth W Tyrrell VP Operation | 40 | $113,250 | |
Mandi Cannon Headmaster | Officer | 40 | $110,750 |
Hector Santiago Director Fin | 40 | $107,950 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Universa Partners Financial | 6/29/20 | $765,083 |
Hector Rodriguez Dba H&r Industrial Maintenance | 6/29/20 | $733,892 |
Diagnostic Assessment Services Counceling | 6/29/20 | $609,556 |
Universa Partners Financial | 6/29/20 | $765,083 |
Preferred Meals Systems Inc Meals | 6/29/20 | $525,709 |
Veeya Llc Computer Design | 6/29/20 | $562,922 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,063,758 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,138,276 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,202,034 |
| Total Program Service Revenue | $62,210,191 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,584,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,058,595 |
| Compensation of current officers, directors, key employees. | $117,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,095,215 |
| Pension plan accruals and contributions | $1,264,776 |
| Other employee benefits | $4,203,788 |
| Payroll taxes | $625,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $103,113 |
| Fees for services: Accounting | $57,958 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,964,519 |
| Advertising and promotion | $486,264 |
| Office expenses | $3,898,675 |
| Information technology | $1,530,429 |
| Royalties | $0 |
| Occupancy | $1,933,372 |
| Travel | $172,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,601,452 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,086,485 |
| Insurance | $0 |
| All other expenses | $67,244 |
| Total functional expenses | $67,333,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,186,978 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,023,421 |
| Accounts receivable, net | $0 |
| 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 | $730,993 |
| Net Land, buildings, and equipment | $132,681,729 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,938,999 |
| Total assets | $263,562,120 |
| Accounts payable and accrued expenses | $11,067,011 |
| Grants payable | $0 |
| Deferred revenue | $329,089 |
| Tax-exempt bond liabilities | $213,701,256 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $303,707 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,414,544 |
| Total liabilities | $233,815,607 |
| Net assets without donor restrictions | $10,737,147 |
| Net assets with donor restrictions | $19,009,366 |
| 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 | $263,562,120 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Great Hearts America-Texas has recieved totaling $1,511,636.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT START-UP OPERATING EXPENSES FOR THREE K-12 ACADEMIES. | $918,750 |
George W Brackenridge Foundation San Antonio, TX PURPOSE: EDUCATIONAL PURPOSES OR PROGRAMS | $450,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $83,290 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $53,281 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $6,315 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Hearts America-Texas San Antonio, TX | $263,562,120 | $73,584,130 |
Capital Area Corporate Recycling Counsel Baton Rouge, LA | $489,719 | $1,295,575 |
Reunity Resources Santa Fe, NM | $678,093 | $993,137 |
Groundwork Dallas Dallas, TX | $954,498 | $1,218,414 |
Northwest Arkansas Land Trust Fayetteville, AR | $7,355,206 | $5,339,636 |
Building Conservation Trust Houston, TX | $4,828,647 | $701,445 |
Floranthropy Houston, TX | $3,684 | $476,164 |
Green Project Inc New Orleans, LA | $656,693 | $449,437 |
Electronic Synergy Foundation Tulsa, OK | $0 | $302,479 |
Vasudha Foundation Usa Inc Sugar Land, TX | $80,095 | $287,988 |
Deidox Films Inc Austin, TX | $101,460 | $294,475 |
Bella Vista Recycling Foundation Bella Vista, AR | $684,664 | $467,113 |