Laredo Independent School District
- Assets
- $2.6m
- Revenue
- $127.8k
- Investments
- $2.6m
- Employees
- 0
- Location
- Laredo, TX
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 74-2662407
Organization Overview
Laredo Independent School District is located in Laredo, TX. The organization was established in 1992. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laredo Independent School District 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 12/2021, Laredo Independent School District generated $127.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $56.1k during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Trevino President | 1 | $0 | |
Minerva Ramirez Secretary | 1 | $0 | |
Abraham Rodriguez Vice Pre | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $127,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $127,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,793 |
| Total operating and administrative expenses | $26,094 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $56,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,394 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,612,303 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,459 |
| Total liabilities | $1,459 |
Grants Awarded
Over the last fiscal year, Laredo Independent School District has awarded $30,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
SAMANTHA LOPEZ PURPOSE: SCHOLARSHIP | $1,500 |
SUSANNA BERRONES PURPOSE: SCHOLARSHIP | $1,500 |
TATIANA RIVERA PURPOSE: SCHOLARSHIP | $1,500 |
JOSE LUIS SAUCEDO PURPOSE: SCHOLARSHIP | $1,500 |
VANESSA JASSO PURPOSE: SCHOLARSHIP | $1,500 |
JORGE CHACON PURPOSE: SCHOLARSHIP | $1,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Laredo Independent School District has recieved totaling $24,456.
| Awarding Organization | Amount |
|---|---|
Reading Is Fundamental Inc Washington, DC PURPOSE: TO FOSTER LITERACY | $18,600 |
Womens City Club Of Laredo Laredo, TX PURPOSE: Shoes/Eye Exams | $5,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colleyville Covenant Christian Academy Colleyville, TX | $25,022,338 | $9,511,820 |
Shiprock Associated Schools Inc Shiprock, NM | $31,955,534 | $19,122,666 |
Bricolage Academy New Orleans, LA | $3,330,408 | $10,862,548 |
Providence Christian School Of Texas Dallas, TX | $26,435,354 | $9,017,870 |
Geneva School Of Boerne Boerne, TX | $24,604,776 | $9,774,585 |
Islamic Services Foundation Richardson, TX | $12,490,908 | $9,373,276 |
Gateway Charter Academy Dallas, TX | $11,412,172 | $9,492,456 |
Austin Public Education Foundation Austin, TX | $4,200,254 | $10,676,988 |
Harding Independence Charter District Inc Oklahoma City, OK | $1,669,946 | $7,745,026 |
Austin Waldorf School Austin, TX | $13,040,325 | $8,774,910 |
Pantego Christian Academy Inc Arlington, TX | $17,418,835 | $10,931,726 |
Westminster Christian Academy Opelousas, LA | $10,767,987 | $8,490,926 |