Institute for Transformative Education FY2021 filing

Tax-deductible

Tucson, AZ501(c)(3)EducationEIN 27-2888606Revenue $1.0M in FY2021

On file with the IRSchangemakerhighschool.org667 N 7th Ave, 85705-8336 · Tucson, AZTax-exempt since May 2012School — 170(b)(1)(A)(ii)

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The School's mission is to equip learners with the 21st century skills necessary for success within and beyond the school.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$76K 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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $17K a year · 2% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $17
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
104% of total assets
Concern: liabilities are 104% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
-9% vs prior year
Spent
$1.0M
To programs
85%
Net assets
−$60K
By yearFY2020–FY2023
Revenue
$1.0M
FY2021▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.0M
FY2022$1.1M
FY2023$942K
Expenses
$1.0M
FY2021▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.0M
FY2022$875K
FY2023$982K
Net assets
−$60K
FY2021▼ -40%
Tap a bar for its year
Net assets by fiscal year
FY2020−$42K
FY2021−$60K
FY2022$168K
FY2023$128K

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

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in May 2012.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $872K Management & general 15% · $158K

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

5 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$75,934Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Luis Perales’s $50K as Director/CEO is at the 42nd percentile of top reported officer pay among 1613 $100K–1M 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 · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Luis Perales$50,180$65,205$75,934$60,789

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Equips learners with 21st-century skills for success in and beyond school.

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Provided by the organization

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1 program · $872K · in their own filed words · FY2020
01

The School operates in Tucson and provides educational services to students in ninth through twelfth grades. The School provided education to approximately 61 students during the 2020-2021 school year.

$872Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$17

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$910K
Other incomeLn 4–11$103K
Money outPt IX
$1.0M
Ln 25
Programscol B$872K
Managementcol C$158K
Owns and owesPt X
−$60K
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$910K
Government grantsLn 1e$769K
Other incomeLn 4–11$103K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$87K
Cash and savings togetherLn 1–2$87K
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$1.6M
LiabilitiesLn 26$1.6M
Net assetsLn 32−$60K
OperationsPt I, VI
EmployeesI 522
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$240K$87K
Land, buildings, equipmentLn 10c$1.3M$1.3M
Total assetsLn 16$1.7M$1.6M
LiabilitiesLn 26$1.7M$1.6M
Net assetsLn 32−$42K−$60K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$85K$67K$18K$0
Other salaries and wagesLn 7$453K$453K$42$0
Pension plan contributionsLn 8$10K$8K$2K$0
Other employee benefitsLn 9$24K$21K$3K$0
Payroll taxesLn 10$37K$35K$2K$0
Legal feesLn 11b$3K$0$3K$0
Accounting feesLn 11c$28K$0$28K$0
Other fees for servicesLn 11g$62K$62K$347$0
Advertising and promotionLn 12$23K$2K$22K$0
Office expensesLn 13$53K$27K$26K$0
Information technologyLn 14$72K$40K$32K$0
OccupancyLn 16$123K$114K$9K$0
Conferences, conventions and meetingsLn 19$220$0$220$0
InterestLn 20$4K$4K$0$0
Depreciation, depletion and amortizationLn 22$38K$38K$0$0
InsuranceLn 23$14K$50$14K$0
Other expenses (24a–d)Ln 24$2K$536$982$0
All other expensesLn 24e$195$109$86$0
Total functional expensesLn 25$1.0M$872K$158K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $942K$982K−$41K$128K 990 PDF
FY2022 $1.1M$875K$228K$168K 990 PDF
FY2021 Viewing $1.0M$1.0M−$17K−$60K 990 PDF
FY2020 $1.1M$1.4M−$240K−$42K 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 FY2021 990 (6 parts)
Part I · Summary $1,013,337 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $990,621$909,895
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $127,002$103,442
I-12 Total revenuePrior year $1,117,623$1,013,337
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $707,750$609,251
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $649,626$421,213
I-18 Total expensesPrior year $1,357,376$1,030,464
I-19 Revenue less expensesPrior year −$239,753−$17,127
Part VI · Governance 4 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,013,337 across 6 lines filed
Lines not itemized here account for $20,255 of total revenue; see the IRS return.
VIII-1e Government grants$769,116
VIII-1f All other contributions, gifts and grants$140,779
VIII-1h Total contributions, gifts and grants$909,895
VIII-6 Net rental income or lossRelated to mission $75,162$75,162
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $8,025 · Unrelated business $0 · Excluded from tax $0$8,025
VIII-12 Total revenueRelated to mission $103,442 · Unrelated business $0 · Excluded from tax $0$1,013,337
Part IX · Statement of functional expenses $1,030,464 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $67,395 · Management $18,000 · Fundraising $0$85,395
IX-7 Other salaries and wagesPrograms $453,226 · Management $42 · Fundraising $0$453,268
IX-8 Pension plan contributionsPrograms $8,000 · Management $1,692 · Fundraising $0$9,692
IX-9 Other employee benefitsPrograms $21,352 · Management $2,750 · Fundraising $0$24,102
IX-10 Payroll taxesPrograms $35,209 · Management $1,585 · Fundraising $0$36,794
IX-11b Legal feesPrograms $0 · Management $2,757 · Fundraising $0$2,757
IX-11c Accounting feesPrograms $0 · Management $27,524 · Fundraising $0$27,524
IX-11g Other fees for servicesPrograms $62,020 · Management $347 · Fundraising $0$62,367
IX-12 Advertising and promotionPrograms $1,500 · Management $21,824 · Fundraising $0$23,324
IX-13 Office expensesPrograms $27,146 · Management $26,098 · Fundraising $0$53,244
IX-14 Information technologyPrograms $40,496 · Management $31,597 · Fundraising $0$72,093
IX-16 OccupancyPrograms $113,998 · Management $8,954 · Fundraising $0$122,952
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $220 · Fundraising $0$220
IX-20 InterestPrograms $3,769 · Management $0 · Fundraising $0$3,769
IX-22 Depreciation, depletion and amortizationPrograms $37,634 · Management $0 · Fundraising $0$37,634
IX-23 InsurancePrograms $50 · Management $13,566 · Fundraising $0$13,616
IX-24 Other expenses (24a–d)Programs $536 · Management $982 · Fundraising $0$1,518
IX-24e All other expensesPrograms $109 · Management $86 · Fundraising $0$195
IX-25 Total functional expensesPrograms $872,440 · Management $158,024 · Fundraising $0$1,030,464
Part X · Balance sheet $1,580,963 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $240,210$87,058
X-3 Pledges and grants receivable$138,373
X-4 Accounts receivableStart of year $87,246$39,020
X-9 Prepaid expenses and deferred charges$7,314
X-10c Land, buildings and equipment, netStart of year $1,346,832$1,309,198
X-16 Total assetsStart of year $1,674,288$1,580,963
X-17 Accounts payable and accrued expensesStart of year $106,283$67,748
X-25 Other liabilities$4,060
X-26 Total liabilitiesStart of year $1,716,719$1,640,521
X-27 Net assets without donor restrictionsStart of year −$42,431−$59,558
X-32 Total net assets or fund balancesStart of year −$42,431−$59,558
X-33 Total liabilities and net assetsStart of year $1,674,288$1,580,963
Part XI · Reconciliation of net assets −$59,558 net assets at year end
XI-1 Total revenue$1,013,337
XI-2 Total expenses$1,030,464
XI-3 Revenue less expenses−$17,127
XI-4 Net assets at start of year−$42,431
XI-10 Net assets at end of year−$59,558

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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