Responsive Education Solutions
- Assets
- $503.5m
- Revenue
- $249.7m
- Investments
- $0.0
- Employees
- 3,346
- Location
- Lewisville, TX
- Founding
- 03/1999
- Data as of
- 06/2021
- EIN
- 75-2748762
Organization Overview
Responsive Education Solutions is located in Lewisville, TX. The organization was established in 1999. 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 06/2021, Responsive Education Solutions employed 3,346 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Responsive Education Solutions 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, Responsive Education Solutions generated $249.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $236.9m during the year ending 06/2021. While expenses have increased by 10.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE RESPONSIVE ED COMMUNITY OF SCHOOLS ARE TUITION-FREE, PUBLIC CHARTER SCHOOLS DEDICATED TO HELPING STUDENTS OF ALL AGES ACHIEVE THEIR POTENTIAL. AT RESPONSIVE ED, WE'RE ALL ABOUT OPTIONS IN EDUCATION AND INCLUDE AT-RISK AND FORMER DROP OUT STUDENTS AS WELL AS COLLEGE BOUND STUDENTS. STRONGLY TIED TO THE COMMUNITY, THE MISSION OF THE SCHOOL IS TO PROVIDE HOPE FOR STUDENTS THROUGH AN ENCOURAGING, INNOVATIVE ENVIRONMENT WHERE THEY ARE ACADEMICALLY SUCCESSFUL AND DEVELOP INTO LIFELONG LEARNERS.
Describe the Organization's Program Activity:
EDUCATION OF AT-RISK AND FORMER DROP OUT STUDENTS AS WELL AS COLLEGE BOUND STUDENTS
EDUCATION OF AT-RISK AND FORMER DROP OUT STUDENTS AS WELL AS COLLEGE BOUND STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Cook CEO | OfficerTrustee | 50 | $262,364 |
Chris Baumann Chief Legal | Officer | 50 | $165,617 |
Alan Wimberley Chief Learni | Officer | 50 | $153,101 |
Robert Davison COO | Officer | 50 | $147,597 |
James Taylor CFO & Cto | Officer | 50 | $133,520 |
Lynn Tompkins Jr VP Construct | Officer | 45 | $133,198 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Key Construction Texas Llc Construction | 6/29/21 | $4,083,200 |
Ep Remodeling Services Llc Construction | 6/29/21 | $475,064 |
Severin Intermediate Holdings Educ Svcs | 6/29/21 | $467,953 |
Dtk Facilities Services Llc Janitorial | 6/29/21 | $3,176,657 |
Wrl General Contractors Ltd Construction | 6/29/21 | $1,423,470 |
Key Construction Texas Llc Construction | 6/29/21 | $4,083,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $235,696,705 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,099,959 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,796,664 |
| Total Program Service Revenue | $0 |
| Investment income | $580,239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $623,552 |
| 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 | $249,736,936 |
| 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. | $1,692,514 |
| Compensation of current officers, directors, key employees. | $1,692,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,888,639 |
| Pension plan accruals and contributions | $4,696,136 |
| Other employee benefits | $6,739,718 |
| Payroll taxes | $1,808,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $316,402 |
| Fees for services: Accounting | $75,000 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,134,933 |
| Travel | $1,267,872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,661,282 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,946,665 |
| Insurance | $1,102,626 |
| All other expenses | $9,920,086 |
| Total functional expenses | $236,861,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,812,041 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,862,552 |
| Accounts receivable, net | $531,949 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $235,568 |
| Prepaid expenses and deferred charges | $1,134,276 |
| Net Land, buildings, and equipment | $279,565,523 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,344,974 |
| Total assets | $503,486,883 |
| Accounts payable and accrued expenses | $44,531,430 |
| Grants payable | $0 |
| Deferred revenue | $103,544 |
| Tax-exempt bond liabilities | $288,315,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,348,559 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,869,689 |
| Total liabilities | $361,168,222 |
| Net assets without donor restrictions | $61,805,222 |
| Net assets with donor restrictions | $80,513,439 |
| 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 | $503,486,883 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Responsive Education Solutions has recieved totaling $163,802.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $70,702 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $27,000 |
Musk Foundation Austin, TX PURPOSE: SUPPORT SCHOOL OPERATIONS AND PROGRAMS | $22,302 |
Capturing Kids Hearts Foundation Georgetown, TX PURPOSE: CKH Training | $21,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,271 |
Project Lead The Way Inc Indianapolis, IN PURPOSE: Program Implementation | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Idea Public Schools Weslaco, TX | $1,725,652,293 | $822,040,599 |
Harmony Public Schools Houston, TX | $922,634,599 | $499,142,320 |
Uplift Education Dallas, TX | $529,971,241 | $254,959,728 |
Responsive Education Solutions Lewisville, TX | $503,486,883 | $249,736,936 |
Inspirenola Charter Schools New Orleans, LA | $22,382,887 | $74,884,221 |
Kinkaid School Inc Houston, TX | $122,042,370 | $52,090,713 |
St Johns School Houston, TX | $423,318,238 | $58,605,665 |
Hockaday School Dallas, TX | $327,432,445 | $61,281,462 |
Trinity Basin Preparatory Inc Grand Prairie, TX | $147,305,445 | $57,426,553 |
Greenhill School Addison, TX | $147,490,301 | $53,613,950 |
St Marks School Of Texas Dallas, TX | $307,638,954 | $39,530,532 |
Tlc Academy San Angelo, TX | $61,295,304 | $42,259,776 |