Branch School Inc
- Assets
- $19.1m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 39
- Location
- Houston, TX
- Founding
- 02/1978
- Data as of
- 06/2022
- EIN
- 74-1913968
Organization Overview
Branch School Inc is located in Houston, TX. The organization was established in 1978. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Branch School Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Branch School Inc 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 06/2022, Branch School Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BRANCH SCHOOL IS TO INSPIRE STUDENTS TO LOVE, LEARN, AND LEAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS ARE PROVIDED WITH A ROBUST ACADEMIC PROGRAM, PARTNERED WITH A CURRICULUM THAT ENCOURAGES CRITICAL THINKING AND THE DEVELOPMENT OF PROBLEM-SOLVING SKILLS. THIS THINKING CURRICULUM, BASED ON 21ST-CENTURY SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH SKILLS, ALLOWS STUDENTS TO SOLVE PROBLEMS AND EXPRESS THEIR IDEAS CREATIVELY IN PROJECTS AND PRESENTATIONS. FROM PRESCHOOL TO MIDDLE SCHOOL, SMALL CLASSES AND A BALANCED APPROACH ENSURE THAT LESSONS TAKE ROOT AND THAT STUDENTS LEARN ON A MUCH DEEPER LEVEL. THE SCHOOL'S OBJECTIVE IS TO PROVIDE THIS EDUCATION FOR BOTH THIS TIME PERIOD AND INTO THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Smith Head Of School | Officer | 70 | $198,939 |
Betty Baker Business Officer | Officer | 75 | $81,743 |
Trudy Holmes Secretary | OfficerTrustee | 1 | $0 |
Michael Wilson Vice Chair | OfficerTrustee | 20 | $0 |
Ann Hightower Chair | OfficerTrustee | 20 | $0 |
Kevin Hagenlocher Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kirksey Architects Inc Architectural Design | 6/29/22 | $435,983 |
De Harvey Builders Construction | 6/29/22 | $1,674,836 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,090 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,120,326 |
| Noncash contributions included in lines 1a–1f | $13,215 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,126,416 |
| Total Program Service Revenue | $2,520,884 |
| Investment income | $6,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $107,772 |
| Net Income from Fundraising Events | $12,284 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,773,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $552,985 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $333,613 |
| Compensation of current officers, directors, key employees. | $192,168 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,341,088 |
| Pension plan accruals and contributions | $33,654 |
| Other employee benefits | $93,064 |
| Payroll taxes | $120,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,211 |
| Fees for services: Accounting | $20,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,549 |
| Advertising and promotion | $51,630 |
| Office expenses | $118,977 |
| Information technology | $69,092 |
| Royalties | $0 |
| Occupancy | $116,940 |
| Travel | $4,431 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $484,446 |
| Insurance | $49,360 |
| All other expenses | $0 |
| Total functional expenses | $3,621,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,543,027 |
| Savings and temporary cash investments | $311,360 |
| Pledges and grants receivable | $758,150 |
| Accounts receivable, net | $15,050 |
| 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 | $33,513 |
| Net Land, buildings, and equipment | $13,283,888 |
| Investments—publicly traded securities | $1,104,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,637 |
| Total assets | $19,054,184 |
| Accounts payable and accrued expenses | $1,602,971 |
| Grants payable | $0 |
| Deferred revenue | $919,784 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,522,755 |
| Net assets without donor restrictions | $5,829,348 |
| Net assets with donor restrictions | $10,702,081 |
| 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 | $19,054,184 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Branch School Inc has recieved totaling $65,755.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: EDUCATIONAL | $35,900 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $28,100 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,170 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $585 |
Endowment Analysis
| Beg. Balance | $864,722 |
| Earnings | -$97,749 |
| Ending Balance | $766,973 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Baton Rouge Christian Education Foundation Inc Baton Rouge, LA | $25,217,556 | $20,900,810 |
Alcuin School Dallas, TX | $59,182,125 | $20,381,763 |
Oakridge School Inc Arlington, TX | $19,389,993 | $20,174,539 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Education Service Center Region Ii Of Texas Corpus Christi, TX | $24,486,082 | $17,593,515 |
The Woodlands Christian Academy The Woodlands, TX | $44,326,696 | $20,493,923 |
Odyssey 2020 Academy Inc Galveston, TX | $23,994,459 | $17,751,222 |
El Paso Education Initiative Inc El Paso, TX | $37,947,839 | $17,386,289 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Energized For Excellence Academy Houston, TX | $1,351,482 | $18,898,659 |
Houston Gateway Academy Inc Houston, TX | $78,886,053 | $32,736,217 |