Calvary Episcopal School FY2021 filing

Bastrop, TX501(c)(3)Since 2003EIN 48-1290763

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To provide an academic and spiritual environment that builds the minds and faith of the preschool, kindergarten and primary School grade levels.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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
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
4 of 5
filings with a surplus
Average surplus $775K a year · 39% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$333K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 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
+4% vs prior year
Spent
$1.0M
To programs
100%
Net assets
$875K
By yearFY2020–FY2024
Revenue
$1.2M
FY2021▲ +4%
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$2.2M
FY2023$1.7M
FY2024$3.5M
FY2024$7.2M
Expenses
$1.0M
FY2021▼ -11%
Expenses by fiscal year
FY2020$1.2M
FY2021$1.0M
FY2022$1.1M
FY2023$1.3M
FY2024$1.4M
FY2024$1.7M
Net assets
$875K
FY2021▲ +24%
Net assets by fiscal year
FY2020$704K
FY2021$875K
FY2022$2.0M
FY2023$2.5M
FY2024$4.6M
FY2024$10.2M

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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1940.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.0M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of Scho
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
See Calvary Episcopal School 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates preschool through primary students academically and spiritually.

Provided by the organization

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1 program · $1.0M · in their own filed words · FY2020
01

To provdie an academic and spiritual environment that builds the minds and faith of the preschool, kindergarten, and primary school grade levels.

$1.0Mprogram expense

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$11K
Grants paid · 2 grants · $220K · 2024–2024
Unitemized GrantFY2024$199,915
Unitemized GrantFY2024$19,900

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$796K
Other incomeLn 4–11$241K
Gifts and grantsLn 1h$174K
Money outPt IX
$1.0M
Ln 25
Programscol B$1.0M
Owns and owesPt X
$875K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.2M
LiabilitiesLn 26$333K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$174K
Fees for servicesLn 2g$796K
Investment incomeLn 3$5K
Other incomeLn 4–11$241K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$832K
SavingsLn 2$230K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$65K
Land, buildings, equipmentLn 10c$25K
Total assetsLn 16$1.2M
LiabilitiesLn 26$333K
Net assetsLn 32$875K
OperationsPt I, VI
EmployeesI 552
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$757K$1.1M
InvestmentsLn 11–13$60K$65K
Land, buildings, equipmentLn 10c$57K$25K
Total assetsLn 16$926K$1.2M
LiabilitiesLn 26$222K$333K
Net assetsLn 32$704K$875K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$694K$694K
Payroll taxesLn 10$71K$71K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$9K$9K
Information technologyLn 14$875$875
OccupancyLn 16$115K$115K
Depreciation, depletion and amortizationLn 22$31K$31K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$85K$85K
All other expensesLn 24e$13K$13K
Total functional expensesLn 25$1.0M$1.0M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $3.5M$1.4M$2.1M$4.6M 990 PDF
FY2023 $1.7M$1.3M$471K$2.5M 990 PDF
FY2022 $2.2M$1.1M$1.1M$2.0M 990 PDF
FY2021 Viewing $1.2M$1.0M$168K$875K 990 PDF
FY2020 $1.2M$1.2M−$6K$704K 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 (4 parts)
Part VIII · Statement of revenue $1,216,404 across 7 lines filed
VIII-1f All other contributions, gifts and grants$173,901
VIII-1h Total contributions, gifts and grants$173,901
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $796,352$796,352
VIII-3 Investment incomeExcluded from tax $5,155$5,155
VIII-8 Net income from fundraising eventsExcluded from tax $81,211$81,211
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $159,785$159,785
VIII-12 Total revenueRelated to mission $956,137 · Excluded from tax $86,366$1,216,404
Part IX · Statement of functional expenses $1,048,794 across 11 lines filed
IX-7 Other salaries and wagesPrograms $694,016$694,016
IX-10 Payroll taxesPrograms $71,016$71,016
IX-11c Accounting feesPrograms $5,800$5,800
IX-12 Advertising and promotionPrograms $1,228$1,228
IX-13 Office expensesPrograms $9,211$9,211
IX-14 Information technologyPrograms $875$875
IX-16 OccupancyPrograms $114,637$114,637
IX-22 Depreciation, depletion and amortizationPrograms $31,085$31,085
IX-23 InsurancePrograms $23,236$23,236
IX-24 Other expenses (24a–d)Programs $84,998$84,998
IX-24e All other expensesPrograms $12,692$12,692
IX-25 Total functional expensesPrograms $1,048,794 · Management $0 · Fundraising $0$1,048,794
Part X · Balance sheet $1,207,966 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $476,349$831,932
X-2 Savings and temporary cash investmentsStart of year $280,856$229,851
X-4 Accounts receivableStart of year $50,967$55,255
X-10c Land, buildings and equipment, netStart of year $57,391$25,472
X-11 Publicly traded securitiesStart of year $60,498$65,456
X-16 Total assetsStart of year $926,061$1,207,966
X-17 Accounts payable and accrued expensesStart of year $48,690$56,835
X-25 Other liabilitiesStart of year $173,144$275,920
X-26 Total liabilitiesStart of year $221,834$332,755
X-27 Net assets without donor restrictionsStart of year $704,227$875,211
X-32 Total net assets or fund balancesStart of year $704,227$875,211
X-33 Total liabilities and net assetsStart of year $926,061$1,207,966
Part XI · Reconciliation of net assets $875,211 net assets at year end
XI-1 Total revenue$1,216,404
XI-2 Total expenses$1,048,794
XI-3 Revenue less expenses$167,610
XI-4 Net assets at start of year$704,227
XI-5 Net unrealized gains (losses) on investments$4,286
XI-9 Other changes in net assets−$912
XI-10 Net assets at end of year$875,211

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

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