THE WILLIAMS SCHOOL INC

EIN: 208888509 501(c)(3) Education

Missouri City, TX

Total Revenue
$184,214
Total Expenses
$248,592
Total Assets
$13,543
Net Assets
$-15,574
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
TX
Principal Officer
Lisa Williams
Phone
2812617189
Tax Period
2023-08-01 to 2024-07-31

THE WILLIAMS SCHOOL INC, founded in 2007, is a small nonprofit in the Education sector that reported $184K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $249K exceeded revenue, resulting in a 35% operating deficit.

Mission

The Williams School believes that "all children can learn." Our mission is to give students with reading and other learning differences opportunities to follow their curiosity, to think creatively, and to work both independently and collaboratively, growing to fulfill their greatest potential. Students feel safe, secure, loved, and respected in an intimate, personalized learning environment which fits each student's needs. We celebrate diversity and instill integrity, compassion, and confidence.

Program Service Accomplishments

Program 1
Expenses: $244,869 Revenue: $184,214

The Wiliams School is an accredited kindergarten through 12th grade day school that seeks to teach the whole child with special emphasis on children with reading and other learning difficulties. Our...

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The Wiliams School is an accredited kindergarten through 12th grade day school that seeks to teach the whole child with special emphasis on children with reading and other learning difficulties. Our goal is to provide an environment where each student feels safe, secure, loved, and respected. We seek to provide each child the opportunity to grow to their fullest potential, graduate from school, and become contributing members of society. We focus individual attention on the needs of each child with small class room sizes with typically 6-8 students in the class room. However, in the school year, Sep 2022 - May 2023, we had 12 students participate in the combined High School class with 1 student graduating at the end of the school year in May 2023.

Program 2
Expenses: $952 Revenue: $975

The Williams School provides extra-curricular experiences to students with field trips through out the school year. The school also provides some outdoor activities, for example archery training...

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The Williams School provides extra-curricular experiences to students with field trips through out the school year. The school also provides some outdoor activities, for example archery training. Students also participate in planning and executing fund raising activities, and other festivities during the school year. One example is the traditional Spring Prom dance. This variety of activities fit nicely into our mission goal stated previously.

Program 3
Expenses: $1,819 Revenue: $0

Teachers are provided with training opportunities to further their professional development and improve their skills. Of particular note, all teachers at the William's School become certified in...

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Teachers are provided with training opportunities to further their professional development and improve their skills. Of particular note, all teachers at the William's School become certified in Phono-Graphix, an officially trademarked and recognized comprehensive method for teaching reading skills to students with special reading difficulties.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,030
Program Service Revenue $174,272
Investment Income $461
Other Revenue $3,451
TOTAL REVENUE $184,214

Expense Breakdown

Grants Paid $0
Salaries & Benefits $195,803
Fundraising Expenses $952
Program Expenses $247,640
Other Expenses $52,789
TOTAL EXPENSES $248,592

Year-over-Year Comparison

2023 2022 Change
Revenue $184,214 $281,145 -0.3%
Expenses $248,592 $308,569 -0.2%
Net Income $-64,378 $-27,424 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
3
Employees
6
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Williams School Board President 4
Officer
$0 $0 $0
Deetra Tesla School Board Chairman 4.0
Officer
$0 $0 $0
Melissa Bailey School Board Secretary 6
Officer
$0 $0 $0
Brent Mecham School Board Treasurer 4.0
Officer
$0 $0 $0
Ron Jemison School Board member at large 4.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $184,214 $248,592 $13,543 $-64,378
2023 $282,060 $308,569 $67,587 $-26,509
2022 $209,651 $217,352 $80,234 $-7,701
2021 $201,560 $202,494 $89,021 $-934
2020 $272,319 $242,044 $89,851 $30,275
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