Student Alternatives Program Incorporated
- Assets
- $19.6m
- Revenue
- $15.1m
- Investments
- $0.0
- Employees
- 9
- Location
- San Antonio, TX
- Founding
- 12/1991
- Data as of
- 08/2021
- EIN
- 74-2598053
Organization Overview
Student Alternatives Program Incorporated is located in San Antonio, TX. The organization was established in 1991. 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 08/2021, Student Alternatives Program Incorporated employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Student Alternatives Program Incorporated 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 08/2021, Student Alternatives Program Incorporated generated $15.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $13.3m during the year ending 08/2021. 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
STUDENT ALTERNATIVES PROGRAM, INC. IS A NONPROFIT ORGANIZATION INCORPORATED IN TEXAS DEDICATED TO ESTABLISHING ALTERNATIVE EDUCATION PROGRAMS FOR "AT RISK" STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUR CHARTER DISTRICTS THAT ARE BRANCH OPERATIONS OF SAPI, WERE ESTABLISHED IN NOVEMBER 1998. THE CHARTER SCHOOLS PROVIDE AN ALTERNATIVE HIGH SCHOOL DIPLOMA PROGRAM TO STUDENTS WHO DID NOT THRIVE IN THE NORMAL HIGH SCHOOL SETTINGS OR HAVE RETURNED FOR A CHARTER SCHOOL DIPLOMA AFTER ENTERING THE WORK FORCE. THE CHARTER SCHOOLS OPERATE UNDER AN OPEN ENROLLMENT CHARTER GRANTED, FOR A TEN-YEAR PERIOD, BY THE TEXAS STATE BOARD OF EDUCATION. THE CHARTER SCHOOLS RECEIVE FUNDING FROM THE TEXAS EDUCATION AGENCY ("TEA") THROUGH THE FOUNDATION SCHOOL PROGRAM, WHICH IS BASED ON EACH SCHOOL'S AVERAGE DAILY ATTENDANCE. SINCE THE CHARTER SCHOOLS RECEIVE FUNDING FROM LOCAL, STATE, AND FEDERAL GOVERNMENT SOURCES, THEY MUST COMPLY WITH THE REQUIREMENTS OF THE ENTITIES PROVIDING THOSE FUNDS. THE FOUR TEXAS CHARTER SCHOOLS ARE LOCATED IN LAREDO,RIO GRANDE VALLEY, EL PASO AND LUBBOCK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Gutierrez Chief Executive Officer | Officer | 25 | $19,497 |
David Ojeda Chairperson | Trustee | 1 | $0 |
Annette Ramirez Vice Chair | Trustee | 1 | $0 |
Joe Curry Board Member | Trustee | 1 | $0 |
Alfonso Solis Secretary/treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,686,049 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,686,049 |
| Total Program Service Revenue | $4,191 |
| Investment income | $11,343 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $88,000 |
| 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 | $15,118,019 |
| 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. | $19,947 |
| Compensation of current officers, directors, key employees. | $19,947 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,253,697 |
| Pension plan accruals and contributions | $291,178 |
| Other employee benefits | $1,300,480 |
| Payroll taxes | $217,227 |
| Fees for services: Management | $898,131 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,610 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $890,052 |
| Travel | $123,228 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,554 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $343,603 |
| Insurance | $220,542 |
| All other expenses | $0 |
| Total functional expenses | $13,307,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,022,701 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,690,289 |
| Accounts receivable, net | $27,445 |
| 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 | $1,821 |
| Net Land, buildings, and equipment | $5,812,936 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,832 |
| Total assets | $19,593,024 |
| Accounts payable and accrued expenses | $448,082 |
| Grants payable | $0 |
| Deferred revenue | $10,299 |
| 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 | $118,968 |
| Other liabilities | $38,309 |
| Total liabilities | $615,658 |
| Net assets without donor restrictions | $4,101,564 |
| Net assets with donor restrictions | $14,875,802 |
| 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 | $19,593,024 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Awty International School Houston, TX | $207,829,354 | $57,840,310 |
Albuquerque Academy Hcsr Albuquerque, NM | $165,817,111 | $34,153,293 |
E-Stem High Public Charter Schools Inc Little Rock, AR | $3,447,253 | $31,404,379 |
Santa Fe Indian School Santa Fe, NM | $90,382,939 | $26,366,608 |
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 |