Varnett Schools Inc

Organization Overview

Varnett Schools Inc is located in Houston, TX. The organization was established in 1997. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Varnett Schools Inc employed 216 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Varnett Schools 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 08/2021, Varnett Schools Inc generated $16.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $17.0m during the year ending 08/2021. While expenses have increased by 2.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE VARNETT PUBLIC SCHOOL IS TO PROVIDE A RIGOROUS ACADEMIC PROGRAM WHICH MEETS THE NEEDS OF OUR DIVERSE POPULATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN, SERVING MOSTLY MINORITY STUDENTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
12707 Cullen Llc
Lease - Building
$614,372
Scholastic Solutions Llc
Finance Services
$373,900
Maxi Realty Corp
Lease - Building
$318,391
Education Service Center Region 4
Support Services
$179,457
1st Response Security
Security Services
$219,729
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $16,131,674
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $75,585
Total Revenue from Contributions, Gifts, Grants & Similar$16,131,674
Total Program Service Revenue$96,645
Investment income $111,857
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $16,355,176

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Varnett Schools Inc has recieved totaling $80,000.

Awarding OrganizationAmount
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$80,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or