Great Oak School FY2021 filing

Tax-deductible

Tomball, TX501(c)(3)Since 2009EducationEIN 27-0220873

Provide early childhood education for 2 to 6 year olds. Provide education for grades 1 to 8.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$224K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
5 of 5
filings with a surplus
Average surplus $194K a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$224K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$861K
65% of total assets
Fine: liabilities are 65% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
-13% vs prior year
Spent
$1.2M
To programs
84%
Net assets
$471K
By yearFY2020–FY2024
Revenue
$1.2M
FY2021▼ -13%
Revenue by fiscal year
FY2020$1.4M
FY2021$1.2M
FY2022$1.5M
FY2023$1.7M
FY2024$2.2M
FY2024$2.3M
Expenses
$1.2M
FY2021▼ -13%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.2M
FY2022$1.2M
FY2023$1.6M
FY2024$1.9M
FY2024$1.9M
Net assets
$471K
FY2021▲ +27%
Net assets by fiscal year
FY2020$370K
FY2021$471K
FY2022$781K
FY2023$902K
FY2024$1.3M
FY2024$1.7M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CGreat Oak School
EINHdr · item D27-0220873
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFFeb 2010
Year of formationHdr · item L2009
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CTomball, TX
NTEE classificationIRS BMFEducation (B24)
WebsiteHdr · item Jgreatoakschool.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.15 Fundraising $0.01
Program services84%$972K
Management & general15%$178K
Fundraising1%$12K
Total functional expensesLn 25$1.2M

Financial health

Is it on solid ground?

Program efficiency
84%
of spending reaches programs
Operating runway
3.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$1.3M
FY2021▲ +3%
Total assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.5M
FY2023$1.7M
FY2024$2.1M
FY2024$5.3M
Total liabilities
$861K
FY2021▼ -6%
Total liabilities by fiscal year
FY2020$921K
FY2021$861K
FY2022$760K
FY2023$772K
FY2024$805K
FY2024$3.7M
Revenue less expensesPt I · Ln 19$82K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$380K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$861K
Total net assetsLn 32$471K
Months of cash on handcomputed3.9

Statement of Revenue

Part VIII
Program service revenue$1.0M · 83%
Contributions & grants$180K · 14%
Other revenue$30K · 2%
Program service revenue83%$1.0M
Contributions & grants14%$180K
Other revenue2%$30K
Investment income$7
— government grantsLn 1e$143K
Total revenueLn 12$1.2M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $380K · Operating expenses/yr $1.2M
3.9 months
Where the money goes
Program services
Program services $972K · Total expenses $1.2M
84%
Management & General
Management & general $178K · Total expenses $1.2M
15%
Fundraising
Fundraising $12K · Total expenses $1.2M
1%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $53K
$0.12 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $180K · Total revenue $1.2M
14%
Government reliance
Government grants $143K · Total revenue $1.2M
11%
Earned-income share
Program service revenue $1.0M · Total revenue $1.2M
83%
Investment reliance
Investment income $7 · Total revenue $1.2M
<0.01%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $1.2M
89%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.4M
-13%
Net-asset trend (YoY)
End of year $471K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.2M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
—
Net-asset ratio
Net assets $471K · Total assets $1.3M
35%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Zuzana Leckova · Reported title ADMINISTRATIVE REPRESENTATIVE · Highest reported compensation $73K · Total expenses $1.2M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $612K · Total expenses $1.2M
53%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%——
Overhead ratio 15%——
Fundraising cost ratio 6%——
Revenue growth -13%——
Legal fee ratio 0.01%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Administrative Representative
$73,125Pt VII · Sec A
Administrative Representative
$47,964Pt VII · Sec A
Faculty Representative
$39,291Pt VII · Sec A
Administrative Representative
$33,250Pt VII · Sec A
Faculty Representative
$30,263Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Angela Harris’s $55K as Administrative Representative is at the 8th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Zuzana Leckova———$17,026$73,125$67,827
Britney Maxwell Tegtmeier————$33,250$66,535
Didianne Gilman—$54,101$53,040$65,000$47,964—
Angela Harris$54,875—————
Karina Cole$49,238—————
Rachel Muehlmann$48,540—————
Dawn Coe—$44,887$41,286———
Vanessa Williams—$42,500$37,875$34,507$30,263$29,123

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Educates children from ages 2 through 8, covering preschool and elementary grades.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $972K of program spending, described in the organization's own filed words · FY2020.
01

Provide education to grades 1 through 8, serving 57 children.

$738Kprogram expense
02

Provide early education to children ages 3 to 6, serving 28 students.

$233Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1K
Grants paid · 16 grants · $1.6M · 2019–2024
Unitemized GrantFY2024$153,890
Unitemized GrantFY2024$125,990
Unitemized GrantFY2024$10,229
Unitemized GrantFY2023$185,361
Unitemized GrantFY2023$168,160
Unitemized GrantFY2023$11,491
Unitemized GrantFY2022$147,387
Unitemized GrantFY2022$132,055
Unitemized GrantFY2022$15,000
Unitemized GrantFY2021$117,168
Unitemized GrantFY2021$88,058
Unitemized GrantFY2021$11,801
Unitemized GrantFY2020$112,249
Unitemized GrantFY2020$104,433
Unitemized GrantFY2019$114,660
Unitemized GrantFY2019$110,169

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $2.2M$1.9M+31% 990 PDF
FY2023 $1.7M$1.6M+11% 990 PDF
FY2022 $1.5M$1.2M+23% 990 PDF
FY2021 Viewing $1.2M$1.2M-13% 990 PDF
FY2020 $1.4M$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

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $1,161,472 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $216,682$216,682
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $69,554 · Management $154,339$223,893
IX-7 Other salaries and wagesPrograms $340,311$340,311
IX-10 Payroll taxesPrograms $35,153 · Management $12,888 · Fundraising $0$48,041
IX-11b Legal feesPrograms $0 · Management $119 · Fundraising $0$119
IX-12 Advertising and promotionPrograms $1,993$1,993
IX-13 Office expensesPrograms $6,548$6,548
IX-16 OccupancyPrograms $97,364 · Management $5,124$102,488
IX-20 InterestPrograms $42,830$42,830
IX-22 Depreciation, depletion and amortizationPrograms $5,948$5,948
IX-23 InsurancePrograms $5,259$5,259
IX-24 Other expenses (24a–d)Programs $149,960 · Management $5,722 · Fundraising $11,678$167,360
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $971,602 · Management $178,192 · Fundraising $11,678$1,161,472

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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