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.
92¢ of each $1 spent went to programs.
$4.9M 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

FY2024 · 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$4.9M
to officers and key staff · 0.5% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.5 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
77% of total assets
Worth a look: liabilities are 77% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 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
$1.2B
+17% vs prior year
Spent
$1.0B
To programs
92%
Net assets
$469.8M
By yearFY2020–FY2025
Revenue
$1.2B
FY2024▲ +17%
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
$1.0B
FY2024▲ +7%
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
$469.8M
FY2024▲ +27%
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 FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

92 cents of each dollar spent went to programs.

Program services 92% · $951.4M Management & general 7% · $75.8M Fundraising 0% · $4.0M

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

32 people listed on the 990; $4.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Superintendent & CEO
$344,586Pt VII · Sec A
Chief Program Officer
$324,579Pt VII · Sec A
President
$285,823Pt VII · Sec A
Chief Human Assets Officer
$280,760Pt VII · Sec A
Chief Operating Officer
$265,115Pt VII · Sec A
Chief College Officer
$261,712Pt VII · Sec A
Area Superintendent
$253,596Pt VII · Sec A
Chief Schools Officer
$253,385Pt 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 · $951.4M · in their own filed words · FY2023
01

See Schedule OIDEA Public Schools (charter holder known as IDEA Academy, Inc.) is a nonprofit Texas corporation formed in June 2000. IDEA Public Schools (the School) operates and does business as Individuals Dedicated to Excellence and Achievement (IDEA) Public Schools. The School is a state authorized, open enrollment charter school.

$951.4Mprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2B
Ln 12
Gifts and grantsLn 1h$1.1B
Fees for servicesLn 2g$23.9M
Investment incomeLn 3$8.5M
Money outPt IX
$1.0B
Ln 25
Programscol B$951.4M
Managementcol C$75.8M
Fundraisingcol D$4.0M
Owns and owesPt X
$469.8M
net assets · Ln 32
Cash and savingsLn 1–2$475.4M
Total assetsLn 16$2.0B
LiabilitiesLn 26$1.5B
PeoplePt VI, VII
32
listed · VII A
PaidVII A21
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1B
Government grantsLn 1e$1.14B
Noncash giftsLn 1g$1.0M
Fundraising eventsLn 1c$184K
Fees for servicesLn 2g$23.9M
Investment incomeLn 3$8.5M
Other incomeLn 4–11$59K
Gains on assetsLn 7$894K
Total revenueLn 12$1.2B
Assets in detailPt X, end of year
CashLn 1$278.9M
SavingsLn 2$196.6M
Cash and savings togetherLn 1–2$475.4M
Land, buildings, equipmentLn 10c$1.30B
Other assetsLn 15$2.2M
Total assetsLn 16$2.0B
LiabilitiesLn 26$1.5B
Net assetsLn 32$469.8M
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 FY24End FY24
Cash and savingsLn 1–2$305.4M$475.4M
Land, buildings, equipmentLn 10c$1.26B$1.30B
Total assetsLn 16$1.89B$2.01B
LiabilitiesLn 26$1.52B$1.54B
Net assetsLn 32$368.6M$469.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$913K$913K
Pay of current officers, directors and key staffLn 5$4.4M$4.2M$199K$12K
Other salaries and wagesLn 7$566.4M$540.5M$24.3M$1.6M
Pension plan contributionsLn 8$35.8M$33.0M$2.7M$77K
Other employee benefitsLn 9$74.8M$71.2M$3.5M$156K
Payroll taxesLn 10$8.4M$8.0M$342K$22K
Legal feesLn 11b$1.2M$1.2M
Accounting feesLn 11c$224K$224K
Other fees for servicesLn 11g$33.6M$32.4M$1.1M$95K
Advertising and promotionLn 12$6.1M$6.1M
Office expensesLn 13$62.3M$59.5M$1.0M$1.8M
OccupancyLn 16$41.7M$41.7M$52K$111
TravelLn 17$12.7M$11.5M$822K$313K
InterestLn 20$56.4M$54.8M$1.7M
Depreciation, depletion and amortizationLn 22$46.1M$14.7M$31.4M
InsuranceLn 23$8.3M$7.9M$457K
Other expenses (24a–d)Ln 24$68.5M$68.5M
All other expensesLn 24e$3.3M$2.5M$817K
Total functional expensesLn 25$1.03B$951.4M$75.8M$4.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2B$1.1B$46.7M$532.7M 990 PDF
FY2024 Viewing $1.2B$1.0B$139.2M$469.8M 990 PDF
FY2023 $1.0B$965.9M$36.0M$368.6M 990 PDF
FY2022 $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 FY2024 990 (6 parts)
Part I · Summary $1,170,472,250 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $978,123,911$1,137,954,824
I-9 Program service revenuePrior year $19,647,733$23,949,129
I-10 Investment incomePrior year $4,106,285$8,509,655
I-11 Other revenuePrior year $65,095$58,642
I-12 Total revenuePrior year $1,001,943,024$1,170,472,250
I-13 Grants and similar amounts paidPrior year $840,015$913,075
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $642,915,551$689,815,702
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $322,140,061$340,496,563
I-18 Total expensesPrior year $965,895,627$1,031,225,340
I-19 Revenue less expensesPrior year $36,047,397$139,246,910
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $1,170,472,250 across 10 lines filed
Lines not itemized here account for $3,404,667 of total revenue; see the IRS return.
VIII-1c Fundraising events$184,133
VIII-1e Government grants$1,135,251,596
VIII-1f All other contributions, gifts and grants$2,519,095
VIII-1g Noncash contributions (included above)$1,049,887
VIII-1h Total contributions, gifts and grants$1,137,954,824
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,949,129$23,949,129
VIII-3 Investment incomeExcluded from tax $4,210,983$4,210,983
VIII-7 Net gain or loss on sales of assetsExcluded from tax $894,005$894,005
VIII-8 Net income from fundraising eventsExcluded from tax $58,642$58,642
VIII-12 Total revenueRelated to mission $23,949,129 · Unrelated business $0 · Excluded from tax $8,568,297$1,170,472,250
Part IX · Statement of functional expenses $1,031,225,340 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $913,075$913,075
IX-5 Pay of current officers, directors and key staffPrograms $4,225,234 · Management $198,943 · Fundraising $11,756$4,435,933
IX-7 Other salaries and wagesPrograms $540,524,927 · Management $24,281,237 · Fundraising $1,560,889$566,367,053
IX-8 Pension plan contributionsPrograms $33,036,220 · Management $2,651,136 · Fundraising $77,271$35,764,627
IX-9 Other employee benefitsPrograms $71,230,459 · Management $3,463,134 · Fundraising $155,973$74,849,566
IX-10 Payroll taxesPrograms $8,033,865 · Management $342,402 · Fundraising $22,256$8,398,523
IX-11b Legal feesManagement $1,211,755$1,211,755
IX-11c Accounting feesManagement $224,348$224,348
IX-11g Other fees for servicesPrograms $32,376,951 · Management $1,088,104 · Fundraising $95,082$33,560,137
IX-12 Advertising and promotionManagement $6,121,189$6,121,189
IX-13 Office expensesPrograms $59,477,344 · Management $1,042,044 · Fundraising $1,764,184$62,283,572
IX-16 OccupancyPrograms $41,668,362 · Management $52,118 · Fundraising $111$41,720,591
IX-17 TravelPrograms $11,541,428 · Management $821,685 · Fundraising $312,684$12,675,797
IX-20 InterestPrograms $54,751,969 · Management $1,686,737$56,438,706
IX-22 Depreciation, depletion and amortizationPrograms $14,747,010 · Management $31,359,256$46,106,266
IX-23 InsurancePrograms $7,890,630 · Management $457,285$8,347,915
IX-24 Other expenses (24a–d)Programs $68,497,417$68,497,417
IX-24e All other expensesPrograms $2,491,849 · Management $817,021$3,308,870
IX-25 Total functional expensesPrograms $951,406,740 · Management $75,818,394 · Fundraising $4,000,206$1,031,225,340
Part X · Balance sheet $2,009,168,611 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $149,255,884$278,897,324
X-2 Savings and temporary cash investmentsStart of year $156,118,056$196,550,318
X-3 Pledges and grants receivableStart of year $258,272,614$233,908,930
X-4 Accounts receivableStart of year $267,982$808,867
X-8 Inventories for sale or useStart of year $607,030$682,486
X-9 Prepaid expenses and deferred chargesStart of year $4,224,814$731,922
X-10c Land, buildings and equipment, netStart of year $1,262,661,112$1,295,416,039
X-15 Other assetsStart of year $12,347,721$2,172,725
X-16 Total assetsStart of year $1,885,164,463$2,009,168,611
X-17 Accounts payable and accrued expensesStart of year $96,665,233$98,750,884
X-19 Deferred revenueStart of year $4,787,074$9,843,292
X-20 Tax-exempt bond liabilitiesStart of year $1,203,067,981$1,274,348,002
X-25 Other liabilitiesStart of year $38,685,678$21,192,322
X-26 Total liabilitiesStart of year $1,516,528,701$1,539,329,723
X-27 Net assets without donor restrictionsStart of year $3,419,468$6,455,695
X-28 Net assets with donor restrictionsStart of year $365,216,294$463,383,193
X-32 Total net assets or fund balancesStart of year $368,635,762$469,838,888
X-33 Total liabilities and net assetsStart of year $1,885,164,463$2,009,168,611
Part XI · Reconciliation of net assets $469,838,888 net assets at year end
XI-1 Total revenue$1,170,472,250
XI-2 Total expenses$1,031,225,340
XI-3 Revenue less expenses$139,246,910
XI-4 Net assets at start of year$368,635,762
XI-5 Net unrealized gains (losses) on investments−$119,318
XI-9 Other changes in net assets−$37,924,466
XI-10 Net assets at end of year$469,838,888

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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