Brazos River Charter School and Crosstimbers Academy
Nonprofit profile at a glance
- EIN
- 752855334
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Nemo, TX, USA
- Phone
- 2548989226
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $2,474,189
- Expenses
- $2,599,654
- Assets
- $3,444,956
- Liabilities
- $737,057
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JASON CROSS (BOARD PRESIDENT)
Highest reported compensation
- JASON BUNTING (SUPERINTENDENT): $135,485 total reported compensation
- ELIZABETH ROOK (GRANT/PEIMS COORDINATOR): $102,076 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The school provides an equitable opportunity for students to acquire a sound academic and career focused education. Graduates shall enter the global labor force with marketable skills, embracing a positive work ethic.
What it reported doing in 2024
Brazos river charter school served 56 students in grades k-12. Crosstimbers academy served 115 students in grades 5-12.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 32
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.9%; rating input score 92
- Program expense ratio: 87.9%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.1%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 9.1%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: -0.6% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -1.8% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 91.9% of revenue deployed · 87.9% of spending went to programs
- Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.3M in reported program spending
- Leadership: top reported pay $135K · 6 people listed
- Highest-paid contractors: 2 contractors listed · $474K reported
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 20/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.