Bakerripley Pathways Academy FY2023 filing

Tax-deductible

Houston, TX501(c)(3)EducationEIN 20-4121892Revenue $329K in FY2023

On file with the IRSPo Box 231808, 77223-1808 · Houston, TXTax-exempt since Oct 2006School — 170(b)(1)(A)(ii)

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Organized and operated exclusively for charitable and educational purposes.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $525K a year · 234% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$17.6M
124% of total assets
Concern: liabilities are 124% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$329K
-21% vs prior year
Spent
$801K
To programs
97%
Net assets
−$3.4M
By yearFY2020–FY2024
Revenue
$329K
FY2023▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2020$156K
FY2021$155K
FY2022$415K
FY2023$329K
FY2024$65K
Expenses
$801K
FY2023▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$885K
FY2021$878K
FY2022$883K
FY2023$801K
FY2024$299K
Net assets
−$3.4M
FY2023▼ -36%
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.3M
FY2021−$2.0M
FY2022−$2.5M
FY2023−$3.4M
FY2024$16K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $775K Management & general 3% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bakerripley Pathways Academy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides charitable and educational services to the community.

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Provided by the organization

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1 program · $775K · in their own filed words · FY2023
01

NCI Community Fund, Inc. serves as a Qualified Active Low-Income Community Business (QALICB) to hold assets pertaining to the BakerRipley East Aldine Campus. The campus is devoted to learning, making and selling in a unique Maker Market, as well as providing financial support to small businesses through BakerRipley's Entrepreneur…

$775Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$329K
Ln 12
Fees for servicesLn 2g$328K
Investment incomeLn 3$2K
Money outPt IX
$801K
Ln 25
Programscol B$775K
Managementcol C$25K
Owns and owesPt X
−$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$74K
Total assetsLn 16$14.2M
LiabilitiesLn 26$17.6M
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$328K
Investment incomeLn 3$2K
Total revenueLn 12$329K
Assets in detailPt X, end of year
SavingsLn 2$74K
Cash and savings togetherLn 1–2$74K
Land, buildings, equipmentLn 10c$13.9M
Other assetsLn 15$219K
Total assetsLn 16$14.2M
LiabilitiesLn 26$17.6M
Net assetsLn 32−$3.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$169K$74K
Land, buildings, equipmentLn 10c$14.4M$13.9M
Total assetsLn 16$15.0M$14.2M
LiabilitiesLn 26$17.5M$17.6M
Net assetsLn 32−$2.5M−$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$20K$20K
Office expensesLn 13$267$267
InterestLn 20$285K$285K
Depreciation, depletion and amortizationLn 22$490K$490K
Total functional expensesLn 25$801K$775K$25K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $65K$299K−$234K$16K 990 PDF
FY2023 Viewing $329K$801K−$471K−$3.4M 990 PDF
FY2022 $415K$883K−$469K−$2.5M 990 PDF
FY2021 $155K$878K−$722K−$2.0M 990 PDF
FY2020 $156K$885K−$729K−$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $329,491 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $413,869$327,719
I-10 Investment incomePrior year $642$1,772
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $414,511$329,491
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $883,424$800,562
I-18 Total expensesPrior year $883,424$800,562
I-19 Revenue less expensesPrior year −$468,913−$471,071
Part VI · Governance 0 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $329,491 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $327,719$327,719
VIII-3 Investment incomeExcluded from tax $1,772$1,772
VIII-12 Total revenueRelated to mission $327,719 · Unrelated business $0 · Excluded from tax $1,772$329,491
Part IX · Statement of functional expenses $800,562 across 5 lines filed
IX-11c Accounting feesManagement $5,030$5,030
IX-11g Other fees for servicesManagement $19,955$19,955
IX-13 Office expensesManagement $267$267
IX-20 InterestPrograms $285,105$285,105
IX-22 Depreciation, depletion and amortizationPrograms $490,205$490,205
IX-25 Total functional expensesPrograms $775,310 · Management $25,252 · Fundraising $0$800,562
Part X · Balance sheet $14,189,764 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $169,038$74,299
X-10c Land, buildings and equipment, netStart of year $14,387,139$13,896,934
X-15 Other assetsStart of year $450,597$218,531
X-16 Total assetsStart of year $15,006,774$14,189,764
X-26 Total liabilitiesStart of year $17,479,846$17,564,661
X-27 Net assets without donor restrictionsStart of year −$2,473,072−$3,374,897
X-32 Total net assets or fund balancesStart of year −$2,473,072−$3,374,897
X-33 Total liabilities and net assetsStart of year $15,006,774$14,189,764
Part XI · Reconciliation of net assets −$3,374,897 net assets at year end
XI-1 Total revenue$329,491
XI-2 Total expenses$800,562
XI-3 Revenue less expenses−$471,071
XI-4 Net assets at start of year−$2,473,072
XI-9 Other changes in net assets−$430,754
XI-10 Net assets at end of year−$3,374,897

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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