2024-05-01T17:27:33-05:00 2023-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2022-07-01 742948339 IDEA Public Schools IDEA 9563778000 2115 West Pike Blvd Weslaco TX 78596 Kathleen Zimmermann Chief Financial Officer 9563778000 2024-05-01 1 Kathleen Zimmermann 999009999 0 Barbara Murphy P01386215 7134395739 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jeffrey Cottrill 2115 West Pike Blvd Weslaco TX 78596 1024429096 0 X www.ideapublicschools.org X 2000 TX IDEA Public Schools provides tuition-free education to college-bound students in Texas. 10 10 13893 2540 0 0 934329655 978123911 16113528 19647733 534904 4106285 152156 65095 951130243 1001943024 879860 840015 0 0 604511758 642915551 0 0 2293298 310203538 322140061 915595156 965895627 35535087 36047397 1872347488 1885164463 1512240331 1516528701 360107157 368635762 X IDEA Public Schools prepares students from underserved communities to be successful college students and responsible citizens by providing educational services to students. IDEA Public Schools serves students in grades Pre-Kindergarten through 12. 0 0 896591245 840015 19647733 See Schedule OIDEA Public Schools believes each and every child can go to college. Since 2000, IDEA Public Schools has grown from a small school with 150 students to a national network of tuition-free K-12 public charter schools in the United States. The network currently serves over 80,000 college-bound students in 143 schools. Through small learning groups and daily access to technology, every student learns at the level and speed just right for them. Teachers bring subject matter expertise and an unwavering commitment to set each student on a path to success. Parents, teachers, and administrators work as a team to help each student reach their full potential.IDEA Public Schools (charter holder known as IDEA Academy, Inc.) is a nonprofit Texas corporation formed in June 2000. IDEA Public Schools (the School) operates and does business as Individuals Dedicated to Excellence and Achievement (IDEA) Public Schools. The School is a state authorized, open enrollment charter school. The Contract for the Charter granted by the State Board of Education of the State of Texas pursuant to Chapter 12 of the Texas Education Code is effective until July 2025. The School provides educational services to students in grades Pre K through 12, with a total enrollment of approximately 72,138 students at 124 schools. 896591245 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 867 0 1 13893 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X James Dworkin 9563778000 2115 West Pike Blvd Weslaco TX 78596 Collin Sewell Chair 2.50 2.50 X X 0 0 0 Ed Rivera Vice-Chair & Treasurer 2.50 2.50 X X 0 0 0 Anthony Ryan Vaughan Secretary 2.50 2.50 X X 0 0 0 Michael Adams Board Member 1.00 1.00 X 0 0 0 Theresa Barrera-Shaw Board Member 1.50 1.50 X 0 0 0 Dr Nanette Cocero Board Member 2.50 2.50 X 0 0 0 David Earl Board Member 1.00 1.00 X 0 0 0 Erich Holmsten Board Member 2.50 2.50 X 0 0 0 Gary Lindgren Board Member 1.50 1.50 X 0 0 0 Reba Cardenas McNair Board Member 1.50 1.50 X 0 0 0 Dolores Gonzalez Chief Program Officer 40.00 0.00 X 273960 0 33760 Leanne Hernandez Chief Financial Officer 35.00 5.00 X 243915 0 45926 Martin Winchester Chief Human Assets Officer 40.00 0.00 X 245088 0 38747 Cody Grindle Chief Information Officer 40.00 0.00 X 257936 0 24460 Layne Fisher Chief Operating Officer 35.00 5.00 X 216840 0 41000 Phillip Garza Chief College Officer 40.00 0.00 X 224250 0 24532 Aisha Gayle Turner Interim Chief Advancement Officer 40.00 0.00 X 199744 0 13600 Jeffrey Cottrill Superintendent 35.00 5.00 X 201170 0 5846 Candice Burns Chief Communications Officer 40.00 0.00 X 203178 0 0 Genevieve Cheng Chief of Staff - Info Systems & Tech 40.00 0.00 X 116706 0 25428 Alejandra Loya Chief of Staff - Superintendent 40.00 0.00 X 109550 0 4632 Ana Padron Chief of Staff - Operations 40.00 0.00 X 104722 0 4936 Jill Dominguez Area Superintendent 40.00 0.00 X 307752 0 4960 Rolando Posada Area Superintendent 40.00 0.00 X 262004 0 44624 Jessica Hess CAO & Exec. Chief of Staff 40.00 0.00 X 225668 0 35300 Andrea Fernandez Executive Director - Austin 40.00 0.00 X 234133 0 12104 Ernesto Cantu Area Superintendent 40.00 0.00 X 227368 0 9500 Angie Arismendi Executive Director - San Antonio 40.00 0.00 X 227942 0 6362 Bethany Solis Executive Director - Permian Basin 40.00 0.00 X 197439 0 9500 Frankie Gray Executive Director - El Paso 40.00 0.00 X 187354 0 13300 Dionel Waters Executive Director - Tarrant County 40.00 0.00 X 181382 0 7700 Natalie Rubio Executive Director - Houston 40.00 0.00 X 163602 0 3832 Carlo Hershberger Senior VP of Finance (to Feb 2023) 40.00 0.00 X 211245 0 10340 Erica Matamoros Senior VP of Schools - RGVR 40.00 0.00 X 196578 0 21812 Israel Ybarra VP of School Development 40.00 0.00 X 196694 0 19436 Alex Anzaldua Senior VP of Schools - RGVR 40.00 0.00 X 202975 0 11436 Christina Flores Executive Principal 40.00 0.00 X 196103 0 6800 Samuel Goessling Former Chief Advancement Officer 40.00 0.00 X 176238 0 32400 5791536 0 512273 295 1 1 0 Kencon ConstructorsConstruction Manager 4823 Whirlwind Dr San Antonio TX 78217 Construction 10099455 Modern Contractors I 4149 Bedford Rd Bedford TX 76021 Construction 9502732 XMEDIA Group LLC 203 Oakhurst Pl San Antonio TX 78209 Marketing 8372616 Banes General Contractors Inc 6001 Doniphan Dr El Paso TX 79932 Construction 8275077 Gerlach Builders LLC 918 Big Horn Dr Edinburg TX 78542 Construction 7808915 112 275742 977369855 478314 1160893 978123911 Auxiliary services 611600 10042096 10042096 Management fees 611600 9605637 9605637 19647733 1216643 1216643 2779948 2779948 22571753 207 22462266 0 109487 207 109694 109694 66036 275742 23806 42230 42230 Insurance recovery 900099 22865 22865 22865 1001943024 19647733 0 4171380 840015 840015 5101235 4794218 291967 15050 543441639 510331662 31487050 1622927 29431340 27873279 1456833 101228 56541293 53375140 3036876 129277 8400044 7847469 524262 28313 1647605 1623855 23750 179000 179000 14261864 13627005 634859 9955497 1530831 8424666 73658516 66408983 6958648 290885 676413 676413 47145501 43536420 3603363 5718 11078387 9866409 1135828 76150 53626868 51267450 2359418 42464966 40236337 2228629 6869075 6415813 453262 Food services 43473740 43473740 Testing materials 4127073 4127073 Instructional Services 3673720 2710451 963269 Textbooks 3483435 3483435 5818401 4845515 972886 965895627 896591245 67011084 2293298 186312089 149255884 168371713 156118056 212595601 258272614 3203979 267982 548648 607030 2871589 4224814 1542679723 280018611 1233609053 1262661112 39344772 41409250 25490044 12347721 1872347488 1885164463 140313562 96665233 4949822 4787074 1234168073 1203067981 110677294 172507940 1013534 814795 21118046 38685678 1512240331 1516528701 X 1225999 3419468 358881158 365216294 360107157 368635762 1872347488 1885164463 X 36047397 481208 -28000000 X 0 1 X 1 1 1 X 528098085 660474585 806645382 934329655 978123911 3907671618 528098085 660474585 806645382 934329655 978123911 3907671618 3907671618 3197840 3870984 1469270 572864 3996591 13107549 606988 488332 42230 1137550 1443719 152156 22865 1618740 3923535457 47331140 0.99600 0.99620 X Schedule A, Part II, Line 10, Explanation of Other Income: Insurance recovery - 2020 Amount: $ 1,443,719. 2021 Amount: $ 152,156. 2022 Amount: $ 22,865. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 385510 -704 384806 0.00000 1.00000 0.00000 0 0 157879138 157879138 1145986254 232977167 913009087 3513683 3207490 306193 63242258 43833954 19408304 172058390 172058390 1262661112 Operating leases 10628516 Finance leases 57162 Due to U.S. Dept. of Education 28000000 38685678 X Part V, Line 4: During the 2022 tax year, IDEA Public Schools established a donor-restricted endowment fund to provide scholarship opportunities for students graduating high school from IDEA Public Schools and attending a college or university. Part X, Line 2: Management has evaluated its material tax positions, which include such matters as the tax exempt status of the school and, if applicable, potential sources of UBI. As of June 30, 2023 and 2022, there were no uncertain tax benefits. No such provision has been made in the accompanying financial statements. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The nondiscriminatory policy is published on the school's website. Schedule E, Part I, Line 6 The organization is an open enrollment charter school, which receives substantial support from state and federal agencies including the U.S. Department of Education, U.S. Department of Agriculture, U.S. Department of Health and Human Services, and the Texas Education Agency. Gala 2022 341778 275742 66036 0 0 0 0 0 23806 341778 275742 66036 23806 23806 42230 1 Scholarships 2364 840015 Part I, Line 2: Recipients are identified through an application, selected by a committee, and awarded based on answers to essay questions, their resume, and need. Recipients demonstrate exceptional writing abilities, thrive academically, demonstrate a commitment to service, and articulate their need for the dollars awarded. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Jill Dominguez Area Superintendent 219784 0 87046 0 922 0 0 0 4960 0 312712 0 0 0 Dolores Gonzalez Chief Program Officer 258505 0 12779 0 2676 0 28800 0 4960 0 307720 0 0 0 Rolando Posada Area Superintendent 216421 0 37000 0 8583 0 35124 0 9500 0 306628 0 0 0 Leanne Hernandez Chief Financial Officer 228331 0 14813 0 771 0 40920 0 5006 0 289841 0 0 0 Martin Winchester Chief Human Assets Officer 232576 0 11845 0 667 0 29247 0 9500 0 283835 0 0 0 Cody Grindle Chief Information Officer 227786 0 22500 0 7650 0 19500 0 4960 0 282396 0 0 0 Jessica Hess CAO & Exec. Chief of Staff 199929 0 25000 0 739 0 28500 0 6800 0 260968 0 0 0 Layne Fisher Chief Operating Officer 201840 0 13000 0 2000 0 41000 0 0 0 257840 0 0 0 Phillip Garza Chief College Officer 205077 0 18602 0 571 0 19500 0 5032 0 248782 0 0 0 Andrea Fernandez Executive Director - Austin 170957 0 30750 0 32426 0 7080 0 5024 0 246237 0 0 0 Ernesto Cantu Area Superintendent 192572 0 27000 0 7796 0 0 0 9500 0 236868 0 0 0 Angie Arismendi Executive Director - San Antonio 182079 0 37750 0 8113 0 1402 0 4960 0 234304 0 0 0 Carlo Hershberger Senior VP of Finance (to Feb 2023) 177683 0 33162 0 400 0 3540 0 6800 0 221585 0 0 0 Erica Matamoros Senior VP of Schools - RGVR 159412 0 29516 0 7650 0 16884 0 4928 0 218390 0 0 0 Israel Ybarra VP of School Development 169053 0 22689 0 4952 0 7500 0 11936 0 216130 0 0 0 Alex Anzaldua Senior VP of Schools - RGVR 165769 0 29482 0 7724 0 6500 0 4936 0 214411 0 0 0 Aisha Gayle Turner Interim Chief Advancement Officer 167028 0 31239 0 1477 0 12000 0 1600 0 213344 0 0 0 Samuel Goessling Former Chief Advancement Officer 175670 0 0 0 568 0 26000 0 6400 0 208638 0 0 0 Jeffrey Cottrill Superintendent 181022 0 18681 0 1467 0 0 0 5846 0 207016 0 0 0 Bethany Solis Executive Director - Permian Basin 171616 0 24023 0 1800 0 0 0 9500 0 206939 0 0 0 Candice Burns Chief Communications Officer 151178 0 52000 0 0 0 0 0 0 0 203178 0 0 0 Christina Flores Executive Principal 156925 0 39122 0 56 0 0 0 6800 0 202903 0 0 0 Frankie Gray Executive Director - El Paso 160102 0 20950 0 6302 0 6500 0 6800 0 200654 0 0 0 Dionel Waters Executive Director - Tarrant County 153665 0 19400 0 8317 0 0 0 7700 0 189082 0 0 0 Natalie Rubio Executive Director - Houston 141864 0 16000 0 5738 0 0 0 3832 0 167434 0 0 0 Part I, Line 1a Andrea Fernandez, Executive Director - Austin, received a housing allowance of $25,000 which was included in her taxable compensation. Part I, Line 7 IDEA Public Schools has a performance and recognition program based on attainment of certain criteria. Payments are contingent on active employment and the financial health of the organization. A San Juan Higher Edu Fin Auth Ser 2010 273999754 798410AD8 2010-12-07 41455000 Campus construction 0 0 0 B Clifton Higher Edu Fin Corp Ser 2012 800349380 187145BG1 2012-09-06 61793491 Campus construction 0 0 0 C Clifton Higher Edu Fin Corp Ser 2013 800349380 187145BX4 2013-10-16 63940131 Campus construction 0 0 0 D Clifton Higher Edu Fin Corp Ser 2014 800349380 187145CN5 2014-10-22 99678075 Campus construction 0 0 0 A 6795000 27105000 41455000 797984 969247 37438954 2012 0 0 0 1 B 11140000 61979114 4297106 1421493 56656621 2013 0 0 0 1 C 8600000 64114928 5013440 1453600 58102028 2013 0 0 0 1 D 12265000 101242867 32901106 1394971 66946791 2016 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 C 0 0 0 1 0 0 0 0 D 0 0 0 1 0 0 0 0 A 0 B 0 C 0 D 0 Date Rebate Computation Performed Issuer Name: Clifton Higher Edu Fin Corp Ser 2012 Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2013 Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2014 Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2015 Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2016 A Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2016 B Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2017 Date the Rebate Computation was Performed: 10/26/2022 Issuer Name: Clifton Higher Edu Fin Corp Ser 2018 Date the Rebate Computation was Performed: 10/26/2022 Schedule K, Entity I, Part II, Column B, Line 3 The $61,979,114 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity I, Part II, Column C, Line 3 The $64,114,928 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity I, Part II, Column D, Line 3 The $101,242,867 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity II, Part II, Column B, Line 3 The $120,122,011 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity II, Part II, Column D, Line 3 The $195,687,942 total proceeds of issue include investment proceeds of the issue. A Clifton Higher Edu Fin Corp Ser 2015 800349380 187145DW4 2015-10-15 76676866 Campus construction 0 0 0 B Clifton Higher Edu Fin Corp Ser 2016 A 800349380 187145FK8 2016-09-14 118066857 Campus construction 0 0 0 C Clifton Higher Edu Fin Corp Ser 2016 B 800349380 187145FX0 2016-10-06 20995027 Campus construction 0 0 0 D Clifton Higher Edu Fin Corp Ser 2017 800349380 187145GP6 2017-08-30 191788934 Campus construction 0 0 0 A 7715000 76676866 1267625 75409241 2017 0 0 0 1 B 520000 120122011 44043157 1580941 74497913 2021 0 0 0 1 C 6420000 20995027 1350275 416302 19346163 2020 0 0 0 1 D 19885000 195687942 46829111 2839227 143807364 2212240 2021 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 B 0 0 0 1 0 0 0 0 C 0 0 0 1 0 0 0 0 D 0 0 0 1 0 0 0 0 A 0 B 0 C 0 D 0 A Clifton Higher Edu Fin Corp Ser 2018 800349380 187145HK6 2018-10-03 176729281 Campus construction 0 0 0 B Clifton Higher Edu Fin Corp Ser 2019 800349380 187145JW8 2019-10-17 240732962 Campus construction 0 0 0 C Clifton Higher Edu Fin Corp Ser 2022 A 800349380 187145NK9 2022-02-15 305584154 Campus construction 0 0 0 A 8910000 176729281 6722887 168742719 1263676 2021 0 0 0 1 B 7670000 240732962 8626816 230050911 2055235 2021 0 0 0 1 C 2925000 305584154 2859762 3608932 269461272 29751475 0 1 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 B 0 1 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 A 0 B 0 C 0 Alyssa Rodriguez Daughter of Key EE 25446 Employment 0 Denise Gray Spouse of Key EE 97436 Employment 0 Ernesto E Cantu Son of Key EE 62364 Employment 0 Manuel Dominguez Jr In-law of Key EE 32701 Employment 0 Megan Heron Spouse of Officer 132098 Employment 0 X 1 1131892 FMV X Auction items 98 17356 Sales proceeds X Raffle items 3 6450 FMV X Supplies 1 5195 FMV 0 1 0 Form 990, Part VI, Section B, line 11b The finance committee reviews Form 990 prior to filing. Points raised by the review are resolved between key financial officers, other management officers (if needed) and the organization's outside tax preparers before filing. In addition, Form 990 will be presented to the full board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c IDEA Public Schools regularly and consistently monitors and enforces compliance with the conflict of interest policy by having all officers sign an annual TEA governance reporting form. Additionally, the board is required to complete conflict of interest disclosure forms. Form 990, Part VI, Section B, line 15 For the Superintendent/CEO's compensation, the board of directors contracted an independent consultant to conduct a survey of Superintendents/CEOs in comparable non-profit organizations as defined by the third party's market assessment. Based on the analysis, the board of directors approved a contract for the Superintendent/CEO within the identified reasonable total compensation range. For other executives, compensation was determined using a similar process of industry benchmarking based on data aggregated by an independent consultant that specialized in non-profit compensation reports. Form 990, Part VI, Section C, line 19 The organization's financial statements are available on its website. All other documents are available upon request. Form 990, Part XI, line 9: Repayment of grant funds to U.S. Department of Education -28,000,000. IPS Enterprises Inc 2115 West Pike Blvd Weslaco TX 78596 844633153 Management TX 501(c)(3) Line 12a, I IDEA Public Schools 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 IPS Enterprises Inc Q 1855717 Cash