Breakthrough
- Assets
- $4.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 351
- Location
- Austin, TX
- Founding
- 07/2001
- Data as of
- 12/2022
- EIN
- 74-2991346
Organization Overview
Breakthrough is located in Austin, TX. The organization was established in 2001. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2022, Breakthrough employed 351 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breakthrough 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 12/2022, Breakthrough generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $8.5m during the year ending 12/2022. While expenses have increased by 17.2% per year over the past 8 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
BREAKTHROUGH CENTRAL TEXAS PROVIDES INTENSIVE, COMPREHENSIVE AND SUSTAINED PROGRAMMING DESIGNED TO HELP STUDENTS SUCCEED IN SCHOOL AND BECOME FIRST GENERATION COLLEGE GRADUATES. PROGRAMS INCLUDE SUMMER, SATURDAY AND AFTER-SCHOOLPROGRAMS; CASE MANAGEMENT AND STUDENT SUPPORT; PARENT EDUCATION AND CONFERENCES; COLLEGE PREPARATION AND GUIDANCE; AND COLLEGE PERSISTENCE SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAM SERVICES THAT ARE PROVIDED YEAR-ROUND AND TUITION-FREE THAT INCLUDE SUMMER SESSIONS, AFTER SCHOOL SUPPORT, COMPREHENSIVE CASE MANAGEMENT AND COLLEGE GUIDANCE AND COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Bybee Director | Trustee | 2 | $0 |
Christina Corona Director | Trustee | 2 | $0 |
Cyndi Bock Director | Trustee | 2 | $0 |
Dr Charles Martinez Director | Trustee | 2 | $0 |
Esteban Armenta Director | Trustee | 2 | $0 |
Irma Brand Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $481,132 |
| Related organizations | $0 |
| Government grants | $1,763,341 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,618,344 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,862,817 |
| Total Program Service Revenue | $0 |
| Investment income | $50,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$37,859 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,885,743 |
| 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. | $175,846 |
| Compensation of current officers, directors, key employees. | $17,585 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,452,147 |
| Pension plan accruals and contributions | $87,391 |
| Other employee benefits | $463,745 |
| Payroll taxes | $444,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,833 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,759 |
| Fees for services: Other | $79,194 |
| Advertising and promotion | $0 |
| Office expenses | $86,269 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $277,704 |
| Travel | $135,405 |
| 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 | $47,833 |
| Insurance | $42,053 |
| All other expenses | $282,113 |
| Total functional expenses | $8,523,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,484 |
| Savings and temporary cash investments | $2,364,991 |
| Pledges and grants receivable | $91,117 |
| 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 | $17,536 |
| Net Land, buildings, and equipment | $94,885 |
| Investments—publicly traded securities | $1,588,154 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $276,891 |
| Total assets | $4,685,058 |
| Accounts payable and accrued expenses | $178,681 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $90,913 |
| Total liabilities | $269,594 |
| Net assets without donor restrictions | $1,919,493 |
| Net assets with donor restrictions | $2,495,971 |
| 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 | $4,685,058 |