INTERNATIONAL ACADEMY WILLIAMSON COUNTY

EIN: 270822902 501(c)(3) Education

ROUND ROCK, TX

Total Revenue
$20,817,000
Total Expenses
$19,512,936
Total Assets
$32,722,366
Net Assets
$4,365,282
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Principal Officer
JOSEPH BURKE
Phone
5126605230
Tax Period
2024-09-01 to 2025-08-31

INTERNATIONAL ACADEMY WILLIAMSON COUNTY, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $20.8M in total revenue in fiscal year 2024. Expenses of $19.5M left a modest 6% surplus.

Mission

THE INTERNATIONAL ACADEMY WILLIAMSON COUNTY OPERATES A TEXAS CHARTER SCHOOL, MERIDIAN WORLD SCHOOL, THAT PROVIDES AN INVIGORATING EDUCATIONAL ENVIRONMENT THAT DEVELOPS RESPONSIBLE CITIZENS WHO CAN ARTFULLY NAVIGATE OUR COMPLEX WORLD AND ENJOY A GOOD LIFE WITH OTHERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $19,091,140
Program Service Revenue $1,506,636
Investment Income $219,224
Other Revenue $0
TOTAL REVENUE $20,817,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,307,154
Fundraising Expenses $7,013
Program Expenses $13,280,284
Other Expenses $4,205,782
TOTAL EXPENSES $19,512,936

Year-over-Year Comparison

2024 2023 Change
Revenue $20,817,000 $20,199,826 +0.0%
Expenses $19,512,936 $19,144,248 +0.0%
Net Income $1,304,064 $1,055,578 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
319
Volunteers
250

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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH BURKE PRESIDENT N/A
Officer Director
$0 $0 $0
ALICE COLE VICE PRESIDE N/A
Director
$0 $0 $0
TEJAL BHALANI SECRETARY N/A
Officer Director
$0 $0 $0
KARALEI NUNN CEO N/A
Officer
$0 $0 $0
EILEEN KUHN CFO N/A
Officer
$0 $0 $0
MELISSA REESE MIDDLE SCHOO N/A
Officer
$0 $0 $0
STELA HOLCOMBE HIGHSCHOOL P N/A
Officer
$0 $0 $0
ODI AGENMONMEN MEMBER N/A
Director
$0 $0 $0
BROOKE KNIGHT PRIMARY PRIN N/A
Officer
$0 $0 $0
DEBBIE SHEPHERD MEMBER N/A
Director
$0 $0 $0
TERRI JOHNSON MEMBER N/A
Director
$0 $0 $0
LOUIS CASTRO MEMBER N/A
Director
$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
2025 $20,817,000 $19,512,936 $32,722,366 $1,304,064
2024 $20,199,826 $19,144,248 $32,583,370 $1,055,578
2023 $18,404,184 $18,020,387 $31,934,660 $383,797
2022 $18,236,312 $21,817,429 $31,969,204 $-3,581,117
2021 $17,313,740 $16,859,120 $33,542,303 $454,620
2020 $16,752,123 $16,156,832 $33,840,272 $595,291
2019 $16,160,677 $15,368,268 $33,711,318 $792,409
2018 $14,638,426 $14,156,199 $33,279,559 $482,227
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