2025-05-15T13:26:08-05:00 2024-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2023-07-01 742948339 IDEA Public Schools IDEA 9563778000 2115 West Pike Blvd Weslaco TX 78596 Kathleen Zimmermann Chief Financial Officer 9563778000 2025-05-15 1 0 Barbara Murphy P01386215 7134395739 2025-05-15 2023 2025-03-06 01:10:19Z Jeffrey Cottrill 2115 West Pike Blvd Weslaco TX 78596 1189146976 0 X www.ideapublicschools.org X 2000 TX IDEA Public Schools transforms education by preparing graduates to succeed in college and life. 7 7 12596 4071 0 0 978123911 1137954824 19647733 23949129 4106285 8509655 65095 58642 1001943024 1170472250 840015 913075 0 0 642915551 689815702 0 0 4000206 322140061 340496563 965895627 1031225340 36047397 139246910 1885164463 2009168611 1516528701 1539329723 368635762 469838888 X IDEA Public Schools transforms education by preparing graduates to succeed in college and life. IDEA Public Schools serves students in grades Pre-Kindergarten through 12. 0 0 951406740 913075 23949129 See Schedule OIDEA 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 2035. The School provides educational services to students in grades Pre K through 12, with a total enrollment of approximately 77,000 students at 125 schools. 951406740 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 1016 0 1 12596 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Kathleen Zimmermann 9563778000 2115 West Pike Blvd Weslaco TX 78596 Collin Sewell Chair 2.50 2.50 X X 0 0 0 Ed Rivera Vice-Chair & Secretary 2.50 2.50 X X 0 0 0 Erich Holmsten Treasurer 2.50 2.50 X X 0 0 0 Michael Adams Member 1.00 1.00 X 0 0 0 Theresa Barrera-Shaw Member 1.00 1.00 X 0 0 0 Dr Nanette Cocero Member 1.00 1.00 X 0 0 0 Gary Lindgren Member 1.00 1.00 X 0 0 0 Reba Cardenas McNair Member 1.00 1.00 X 0 0 0 Constanza Miner Member 1.00 0.00 X 0 0 0 Anthony Ryan Vaughan Member 1.00 1.00 X 0 0 0 Cody Grindle President 40.00 0.00 X 285823 0 24300 Dolores Gonzalez Chief Program Officer 40.00 0.00 X 324579 0 33600 Ernesto Cantu Chief Schools Officer 40.00 0.00 X 253385 0 9300 Jeffrey Cottrill Superintendent & CEO 35.00 5.00 X 344586 0 10902 Jessica Hess Chief Governance Officer 40.00 0.00 X 233217 0 35100 Kathleen Zimmermann Chief Financial Officer (from 3/24) 35.00 5.00 X 0 0 0 Layne Fisher Chief Operating Officer 35.00 5.00 X 265115 0 44798 Leanne Hernandez Chief Financial Officer (to 11/23) 35.00 5.00 X 200076 0 34572 Martin Winchester Chief Human Assets Officer 40.00 0.00 X 280760 0 10300 Phillip Garza Chief College Officer 40.00 0.00 X 261712 0 4800 Andrea Fernandez Area Superintendent 40.00 0.00 X 223066 0 11857 Angie Arismendi Executive Director - San Antonio 40.00 0.00 X 222951 0 4800 Bethany Solis Executive Director - Permian Basin 40.00 0.00 X 217921 0 7800 Dionel Waters Area Superintendent 40.00 0.00 X 198708 0 9300 Frankie Gray Executive Director - El Paso 40.00 0.00 X 201945 0 13100 Jeremy Beard Executive Director 40.00 0.00 X 206628 0 16175 Jill Dominguez Area Superintendent 40.00 0.00 X 253596 0 8550 Alex Anzaldua Senior VP of Schools - RGVR 40.00 0.00 X 201014 0 11300 Christina Flores Senior Executive Principal 40.00 0.00 X 193570 0 3300 Christopher Haid Senior VP of Data Analytics 40.00 0.00 X 190530 0 19500 Erica Matamoros Senior VP of Schools - RGVR 40.00 0.00 X 195119 0 11661 Israel Ybarra VP of School Development 40.00 0.00 X 192945 0 14100 4947246 0 339115 304 0 1 0 Kokua Education Inc 73 W Monroe St Chicago IL 60603 Substitute teaching professionals 14420972 D Wilson Construction Company 1209 E Pecan Blvd McAllen TX 78501 Construction 13984244 Banes General Contractors Inc 6001 Doniphan Dr El Paso TX 79932 Construction 10130342 XMEDIA Group LLC 203 Oakhurst Pl San Antonio TX 78209 Marketing 7968561 Modern Contractors Inc 4149 Bedford Rd Bedford TX 76021 Construction 5362165 203 184133 1135251596 2519095 1049887 1137954824 Management fees 611600 14342891 14342891 Auxiliary services 611600 9606238 9606238 23949129 4210983 4210983 3404667 3404667 16778920 2718561 16244242 2359234 534678 359327 894005 894005 129892 184133 71250 58642 58642 1170472250 23949129 0 8568297 913075 913075 4435933 4225234 198943 11756 566367053 540524927 24281237 1560889 35764627 33036220 2651136 77271 74849566 71230459 3463134 155973 8398523 8033865 342402 22256 1211755 1211755 224348 224348 33560137 32376951 1088104 95082 6121189 6121189 62283572 59477344 1042044 1764184 41720591 41668362 52118 111 12675797 11541428 821685 312684 56438706 54751969 1686737 46106266 14747010 31359256 8347915 7890630 457285 Food services 47881490 47881490 Instructional services 16498628 16498628 Textbooks 2155615 2155615 Reading materials 1961684 1961684 3308870 2491849 817021 1031225340 951406740 75818394 4000206 149255884 278897324 156118056 196550318 258272614 233908930 267982 808867 607030 682486 4224814 731922 1626271829 330855790 1262661112 1295416039 41409250 12347721 2172725 1885164463 2009168611 96665233 98750884 4787074 9843292 1203067981 1274348002 172507940 135195223 814795 38685678 21192322 1516528701 1539329723 X 3419468 6455695 365216294 463383193 368635762 469838888 1885164463 2009168611 X 139246910 -119318 -37924466 X 0 1 X 1 1 1 X 660474585 806645382 934329655 978123911 1137954824 4517528357 660474585 806645382 934329655 978123911 1137954824 4517528357 4517528357 3870984 1469270 572864 3996591 7615650 17525359 488332 42230 58642 589204 1443719 152156 22865 1618740 4537261660 71280269 0.99570 0.99600 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. 2023 Amount: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 384806 6667 -392 391081 385510 -704 384806 1.00000 0 0 147825948 147825948 1205175442 276731908 928443534 3476647 3410649 65998 69368387 50713233 18655154 200425405 200425405 1295416039 Operating leases 910666 Finance leases 761025 Due to U.S. Dept. of Education 19520631 21192322 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, 2024 and 2023, 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, and the Texas Education Agency. Gala 314025 184133 129892 71250 314025 184133 129892 71250 71250 58642 1 Scholarships 676 733514 Student assistance 96 179561 Part I, Line 2: The organization monitors the use of scholarship, loan and fellowship assistance by requiring recipients: identify their specific financial need, including providing records of enrollment, tuition and fees, and other costs incurred or obligations made; demonstrate they have exhausted other available financial assistance, including from family and their own resources; advocate for financial assistance from their institution of higher education (IHE); and finally arrive at the amount needed that could not be addressed by other means. Once awarded, the organization requires the completion of forms pertaining to the award, disburses funds directly to IHEs, vendors, or the recipients, and requires that recipients provide course schedules evidencing full-time enrollment, transcripts demonstrating academic progress, and other records demonstrating award obligations are being met. Finally, the organization conducts routine check-ins and coaching conferences with recipients to ensure they are working towards attaining their degree. X X X X X X 0 0 0 0 0 0 0 1 0 Dolores Gonzalez Chief Program Officer 268079 0 50200 0 6300 0 28800 0 4800 0 358179 0 0 0 Jeffrey Cottrill Superintendent & CEO 324775 0 9511 0 10300 0 0 0 10902 0 355488 0 0 0 Cody Grindle President 250473 0 27700 0 7650 0 19500 0 4800 0 310123 0 0 0 Layne Fisher Chief Operating Officer 235915 0 28200 0 1000 0 44798 0 0 0 309913 0 0 0 Martin Winchester Chief Human Assets Officer 240560 0 40200 0 0 0 1000 0 9300 0 291060 0 0 0 Jessica Hess Chief Governance Officer 207017 0 26200 0 0 0 28500 0 6600 0 268317 0 0 0 Phillip Garza Chief College Officer 211512 0 50200 0 0 0 0 0 4800 0 266512 0 0 0 Ernesto Cantu Chief Schools Officer 219535 0 26200 0 7650 0 0 0 9300 0 262685 0 0 0 Jill Dominguez Area Superintendent 225396 0 28200 0 0 0 0 0 8550 0 262146 0 0 0 Andrea Fernandez Area Superintendent 201216 0 14200 0 7650 0 7080 0 4777 0 234923 0 0 0 Leanne Hernandez Chief Financial Officer (to 11/23) 171576 0 28500 0 0 0 30983 0 3589 0 234648 0 0 0 Angie Arismendi Executive Director - San Antonio 194101 0 20700 0 8150 0 0 0 4800 0 227751 0 0 0 Bethany Solis Executive Director - Permian Basin 184714 0 29607 0 3600 0 0 0 7800 0 225721 0 0 0 Jeremy Beard Executive Director 192395 0 13650 0 583 0 11000 0 5175 0 222803 0 0 0 Frankie Gray Executive Director - El Paso 171073 0 24572 0 6300 0 6500 0 6600 0 215045 0 0 0 Alex Anzaldua Senior VP of Schools - RGVR 173697 0 19667 0 7650 0 6500 0 4800 0 212314 0 0 0 Christopher Haid Senior VP of Data Analytics 181830 0 7700 0 1000 0 19500 0 0 0 210030 0 0 0 Dionel Waters Area Superintendent 180450 0 12520 0 5738 0 0 0 9300 0 208008 0 0 0 Israel Ybarra VP of School Development 177795 0 10200 0 4950 0 7500 0 6600 0 207045 0 0 0 Erica Matamoros Senior VP of Schools - RGVR 169097 0 18372 0 7650 0 6884 0 4777 0 206780 0 0 0 Christina Flores Senior Executive Principal 162815 0 30755 0 0 0 0 0 3300 0 196870 0 0 0 Part I, Line 7 IDEA Public Schools has a performance and recognition program based on attainment of certain criteria and a commitment to leadership. Payments are contingent on active employment and the financial health of the organization. A San Juan Higher Edu Fin Auth Ser 2010 273999754 798410AJ5 2010-12-07 41455000 Campus construction 1 0 0 B Clifton Higher Edu Fin Corp Ser 2014 800349380 187145DC8 2014-10-22 99678075 Campus construction 0 0 0 C Clifton Higher Edu Fin Corp Ser 2015 800349380 187145EL7 2015-10-15 76676866 Campus construction 0 0 0 D Clifton Higher Edu Fin Corp Ser 2016 A 800349380 187145FD4 2016-09-14 118066857 Campus construction 0 0 0 A 6795000 27105000 41455000 840498 969247 37438954 2012 0 0 1 1 B 14815000 101242867 32901106 1394971 66946791 2016 0 0 1 1 C 9215000 76676866 1267625 75409241 2017 0 0 1 1 D 620000 120122011 44043157 1580941 74497913 2021 0 0 1 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 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 D 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 D 0 Date Rebate Computation Performed 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 $101,242,867 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity I, Part II, Column D, Line 3 The $120,122,011 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity II, Part II, Column B, Line 3 The $195,687,942 total proceeds of issue include investment proceeds of the issue. Schedule K, Entity III, Part II, Column B, Line 3 The $225,329,775 total proceeds of issue include investment proceeds of the issue. A Clifton Higher Edu Fin Corp Ser 2016 B 800349380 187145GD3 2016-10-06 20995027 Campus construction 0 0 0 B Clifton Higher Edu Fin Corp Ser 2017 800349380 187145HG5 2017-08-30 191788934 Campus construction 0 0 0 C Clifton Higher Edu Fin Corp Ser 2018 800349380 187145JE5 2018-10-03 176729281 Campus construction 0 0 0 D Clifton Higher Edu Fin Corp Ser 2019 800349380 187145KT3 2019-10-17 240732962 Campus construction 0 0 0 A 8030000 20995027 1422213 416302 19346163 2020 0 0 1 1 B 25535000 195687942 46829111 2839277 146019604 2021 0 0 1 1 C 12105000 176729281 2592675 4130211 170005567 828 2021 0 0 0 1 D 11805000 240732962 3169628 5457188 232103218 2928 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 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 A Clifton Higher Edu Fin Corp Ser 2022 A 800349380 187145PH4 2022-02-15 305584154 Campus construction 0 0 0 B Clifton Higher Edu Fin Corp Ser 2024 800349380 187145UF2 2024-05-30 211751278 Campus construction 0 0 0 A 7630000 305584154 3012087 3608932 292641496 6571251 0 1 0 1 B 225329775 3075355 3878986 44998769 112376117 47431051 1 1 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 Alyssa Rodriguez Daughter of Officer 70340 Employment 0 Denise Gray Spouse of Key EE 104634 Employment 0 Ernesto E Cantu Son of Officer 63564 Employment 0 Megan Heron Spouse of Officer 144354 Employment 0 X 1 978637 FMV X Raffle items 4 48325 FMV X Auction items 116 22925 Sales proceeds 0 0 1 0 Form 990, Part VI, Section B, line 11b The business department conducts the review of Form 990. Any concerns are resolved through collaboration among key financial officers, relevant management personnel, and the organization's tax preparers. Once all issues are addressed, Form 990 is provided to the full board before 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: Grant reversions -6,424,466. Loss on impairment of assets -8,500,000. Loss on valuation of grants receivable -23,000,000. 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 3558253 Cash