IDEA Public Schools transforms education by preparing graduates to succeed in college and life. IDEA Public Schools serves students in grades Pre-Kindergarten through 12.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$6.1M 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

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $65.7M a year · 7% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6.1M
to officers and key staff · 0.7% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
16
named funders · $13.7M
Looks good: 16 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.5B
81% of total assets
Concern: liabilities are 81% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$951.1M
+16% vs prior year
Spent
$915.6M
To programs
91%
Net assets
$360.1M
By yearFY2020–FY2025
Revenue
$951.1M
FY2022▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$665.3M
FY2021$822.0M
FY2022$951.1M
FY2023$1.0B
FY2024$1.2B
FY2025$1.2B
Expenses
$915.6M
FY2022▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2020$607.9M
FY2021$742.5M
FY2022$915.6M
FY2023$965.9M
FY2024$1.0B
FY2025$1.1B
Net assets
$360.1M
FY2022▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$244.7M
FY2021$325.1M
FY2022$360.1M
FY2023$368.6M
FY2024$469.8M
FY2025$532.7M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2000.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $831.3M Management & general 8% · $75.8M Fundraising 1% · $8.5M

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

39 people listed on the 990; $6.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Advancement Officer
$299,593Pt VII · Sec A
Chief Program Officer
$292,483Pt VII · Sec A
Chief Human Assets Officer
$275,710Pt VII · Sec A
Chief Schools Officer
$275,500Pt VII · Sec A
Regional Superintendent
$271,281Pt VII · Sec A
Area Superintendent
$249,231Pt VII · Sec A
Chief Financial Officer
$248,466Pt VII · Sec A
Chief Information Officer
$247,202Pt VII · Sec A

Jeffrey Cottrill’s $399K as Superintendent & CEO is at the 26th percentile of top reported officer pay among 674 $100M+ 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Thomas E Torkelson————$489,748$941,143
Joann Gama———$163,283$462,077$426,914
Wyatt J Truscheit————$181,293$440,023
Irma Munoz———$124,344$421,178$324,478
Jeffrey Cottrill$398,926$344,586$201,170———
Dolores Gonzalez$387,518$324,579$273,960$292,483$378,555—
Cody Grindle$350,141$285,823$257,936$247,202$220,104—
Samuel J Goessling————$346,758—

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.

See Idea Public Schools 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 15aYes

Programs and updates

Operates tuition-free, open-enrollment public charter schools from Pre-K through 12th grade to prepare students for success in college and life.

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Provided by the organization

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1 program · $831.3M · in their own filed words · FY2021
01

See Schedule OIDEA Public Schools believes each and every child can go to college. Since 2000, IDEA Public Schools has grown from a small school with 150 students to a national network of tuition-free K-12 public charter schools in the United States. The network currently serves over 70,000 college-bound students in 133 schools.

$831.3Mprogram 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
50can INCFY2024$2.3M
Charter Fund INCFY2024$1.1M
Total grants receivedfrom 16 funders$13.7M
See all 16 funders →
Grants paid · 27 grants · $8.6M · 2019–2024
Unitemized GrantFY2024$817,926
Unitemized GrantFY2024$265,326
Unitemized GrantFY2023$733,514
Unitemized GrantFY2023$179,561
Unitemized GrantFY2022$840,015
Unitemized GrantFY2021$511,895
Unitemized GrantFY2021$176,016
Unitemized GrantFY2021$166,949
Charro Days INCTX · FY2021$10,000
District Charter AllianceTX · FY2021$10,000
Unitemized GrantFY2020$916,651
Unitemized GrantFY2020$527,109
Unitemized GrantFY2020$488,443
Unitemized GrantFY2019$786,109
Unitemized GrantFY2019$786,109
Unitemized GrantFY2019$607,362
Unitemized GrantFY2019$607,362
See all 27 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$951.1M
Ln 12
Gifts and grantsLn 1h$934.3M
Fees for servicesLn 2g$16.1M
Investment incomeLn 3$535K
Money outPt IX
$915.6M
Ln 25
Programscol B$831.3M
Managementcol C$75.8M
Fundraisingcol D$8.5M
Owns and owesPt X
$360.1M
net assets · Ln 32
Cash and savingsLn 1–2$354.7M
Total assetsLn 16$1.9B
LiabilitiesLn 26$1.5B
PeoplePt VI, VII
39
listed · VII A
PaidVII A28
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$934.3M
Government grantsLn 1e$914.4M
Noncash giftsLn 1g$3.0M
Fees for servicesLn 2g$16.1M
Investment incomeLn 3$535K
Other incomeLn 4–11$152K
Gains on assetsLn 7−$38K
Total revenueLn 12$951.1M
Assets in detailPt X, end of year
CashLn 1$186.3M
SavingsLn 2$168.4M
Cash and savings togetherLn 1–2$354.7M
InvestmentsLn 11–13$39.3M
Land, buildings, equipmentLn 10c$1.23B
Other assetsLn 15$5.3M
Total assetsLn 16$1.9B
LiabilitiesLn 26$1.5B
Net assetsLn 32$360.1M
OperationsPt I, VI
EmployeesI 512,876
VolunteersI 64,364
Fiscal year endsHeaderJune
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 FY22End FY22
Cash and savingsLn 1–2$302.5M$354.7M
InvestmentsLn 11–13$61.6M$39.3M
Land, buildings, equipmentLn 10c$1.18B$1.23B
Total assetsLn 16$1.73B$1.87B
LiabilitiesLn 26$1.40B$1.51B
Net assetsLn 32$325.1M$360.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25K$25K
Grants to domestic individualsLn 2$855K$855K
Pay of current officers, directors and key staffLn 5$4.9M$4.5M$302K$29K
Other salaries and wagesLn 7$509.8M$474.1M$32.5M$3.1M
Pension plan contributionsLn 8$26.4M$24.9M$1.4M$171K
Other employee benefitsLn 9$55.7M$52.6M$2.9M$218K
Payroll taxesLn 10$7.7M$7.2M$503K$47K
Legal feesLn 11b$2.7M$14K$2.7M$9K
Accounting feesLn 11c$164K$164K
Other fees for servicesLn 11g$29.2M$15.8M$13.0M$411K
Advertising and promotionLn 12$15.3M$7.9M$7.2M$195K
Office expensesLn 13$43.3M$40.6M$2.6M$195K
OccupancyLn 16$60.0M$55.3M$4.6M$81K
TravelLn 17$8.9M$7.4M$1.4M$144K
InterestLn 20$37.8M$36.7M$1.1M
Depreciation, depletion and amortizationLn 22$49.3M$46.7M$2.6M
InsuranceLn 23$6.4M$5.5M$815K
Other expenses (24a–d)Ln 24$48.9M$44.4M$788K$3.7M
All other expensesLn 24e$8.3M$6.8M$1.4M$88K
Total functional expensesLn 25$915.6M$831.3M$75.8M$8.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2B$1.1B$46.7M$532.7M 990 PDF
FY2024 $1.2B$1.0B$139.2M$469.8M 990 PDF
FY2023 $1.0B$965.9M$36.0M$368.6M 990 PDF
FY2022 Viewing $951.1M$915.6M$35.5M$360.1M 990 PDF
FY2021 $822.0M$742.5M$79.6M$325.1M 990 PDF
FY2020 $665.3M$607.9M$57.4M$244.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $951,130,243 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $806,645,382$934,329,655
I-9 Program service revenuePrior year $11,569,879$16,113,528
I-10 Investment incomePrior year $2,417,564$534,904
I-11 Other revenuePrior year $1,407,774$152,156
I-12 Total revenuePrior year $822,040,599$951,130,243
I-13 Grants and similar amounts paidPrior year $1,961,203$879,860
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $465,287,497$604,511,758
I-16a Professional fundraising feesPrior year $46,700$0
I-17 Other expensesPrior year $275,194,640$310,203,538
I-18 Total expensesPrior year $742,490,040$915,595,156
I-19 Revenue less expensesPrior year $79,550,559$35,535,087
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $951,130,243 across 9 lines filed
Lines not itemized here account for $75,802 of total revenue; see the IRS return.
VIII-1e Government grants$914,379,350
VIII-1f All other contributions, gifts and grants$19,950,305
VIII-1g Noncash contributions (included above)$3,013,259
VIII-1h Total contributions, gifts and grants$934,329,655
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,113,528$16,113,528
VIII-3 Investment incomeExcluded from tax $497,062$497,062
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$37,960−$37,960
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $152,156$152,156
VIII-12 Total revenueRelated to mission $16,113,528 · Unrelated business $0 · Excluded from tax $687,060$951,130,243
Part IX · Statement of functional expenses $915,595,156 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $25,000$25,000
IX-2 Grants to domestic individualsPrograms $854,860$854,860
IX-5 Pay of current officers, directors and key staffPrograms $4,529,848 · Management $302,176 · Fundraising $28,984$4,861,008
IX-7 Other salaries and wagesPrograms $474,136,696 · Management $32,515,883 · Fundraising $3,140,415$509,792,994
IX-8 Pension plan contributionsPrograms $24,889,068 · Management $1,372,671 · Fundraising $170,696$26,432,435
IX-9 Other employee benefitsPrograms $52,606,843 · Management $2,884,876 · Fundraising $217,890$55,709,609
IX-10 Payroll taxesPrograms $7,166,429 · Management $502,752 · Fundraising $46,531$7,715,712
IX-11b Legal feesPrograms $13,542 · Management $2,652,587 · Fundraising $8,877$2,675,006
IX-11c Accounting feesManagement $163,804$163,804
IX-11g Other fees for servicesPrograms $15,766,442 · Management $13,010,090 · Fundraising $410,521$29,187,053
IX-12 Advertising and promotionPrograms $7,919,029 · Management $7,179,708 · Fundraising $195,090$15,293,827
IX-13 Office expensesPrograms $40,581,008 · Management $2,561,187 · Fundraising $194,895$43,337,090
IX-16 OccupancyPrograms $55,348,312 · Management $4,568,219 · Fundraising $81,170$59,997,701
IX-17 TravelPrograms $7,368,840 · Management $1,393,970 · Fundraising $144,413$8,907,223
IX-20 InterestPrograms $36,721,570 · Management $1,127,683$37,849,253
IX-22 Depreciation, depletion and amortizationPrograms $46,693,567 · Management $2,586,321$49,279,888
IX-23 InsurancePrograms $5,546,988 · Management $814,759$6,361,747
IX-24 Other expenses (24a–d)Programs $44,359,077 · Management $787,514 · Fundraising $3,725,851$48,872,442
IX-24e All other expensesPrograms $6,820,623 · Management $1,369,879 · Fundraising $88,002$8,278,504
IX-25 Total functional expensesPrograms $831,347,742 · Management $75,794,079 · Fundraising $8,453,335$915,595,156
Part X · Balance sheet $1,872,347,488 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $129,128,036$186,312,089
X-2 Savings and temporary cash investmentsStart of year $173,409,142$168,371,713
X-3 Pledges and grants receivableStart of year $154,746,743$212,595,601
X-4 Accounts receivableStart of year $145,758$3,203,979
X-8 Inventories for sale or useStart of year $341,594$548,648
X-9 Prepaid expenses and deferred chargesStart of year $2,247,133$2,871,589
X-10c Land, buildings and equipment, netStart of year $1,176,983,996$1,233,609,053
X-11 Publicly traded securitiesStart of year $61,609,497$39,344,772
X-14 Intangible assetsStart of year $24,764,403$20,143,397
X-15 Other assetsStart of year $2,275,991$5,346,647
X-16 Total assetsStart of year $1,725,652,293$1,872,347,488
X-17 Accounts payable and accrued expensesStart of year $136,771,333$140,313,562
X-19 Deferred revenueStart of year $14,209,172$4,949,822
X-20 Tax-exempt bond liabilitiesStart of year $965,699,149$1,234,168,073
X-24 Unsecured notes and loans payableStart of year $1,336,630$1,013,534
X-25 Other liabilitiesStart of year $25,590,057$21,118,046
X-26 Total liabilitiesStart of year $1,400,556,748$1,512,240,331
X-27 Net assets without donor restrictionsStart of year $422,822$1,225,999
X-28 Net assets with donor restrictionsStart of year $324,672,723$358,881,158
X-32 Total net assets or fund balancesStart of year $325,095,545$360,107,157
X-33 Total liabilities and net assetsStart of year $1,725,652,293$1,872,347,488
Part XI · Reconciliation of net assets $360,107,157 net assets at year end
XI-1 Total revenue$951,130,243
XI-2 Total expenses$915,595,156
XI-3 Revenue less expenses$35,535,087
XI-4 Net assets at start of year$325,095,545
XI-5 Net unrealized gains (losses) on investments−$523,475
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$360,107,157

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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