NEW FRONTIERS PUBLIC SCHOOLS INC

EIN: 311598661 501(c)(3) Education

SAN ANTONIO, TX

Total Revenue
$5,891,544
Total Expenses
$7,112,431
Total Assets
$29,112,313
Net Assets
$2,999,890
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
Principal Officer
ALFREDO SEGURA JR
Phone
2105193900
Tax Period
2023-09-01 to 2024-08-31

NEW FRONTIERS PUBLIC SCHOOLS INC, founded in 1998, is a community nonprofit in the Education sector that reported $5.9M in total revenue in fiscal year 2023. Expenses of $7.1M exceeded revenue, resulting in a 21% operating deficit.

Mission

NEW FRONTIERS PUBLIC SHOOLS, INC. [NFPS] IS DEDICATED TO EDUCATING AND GROWING OUR STUDENTS AND THEIR CHARACTER. BY COMPASSIONATELY REACHING OUT TO PEOPLE IN OUR COMMUNITY, WE GIVE STUDENTS A SENSE OF PRIDE AND PURPOSE, INSPIRING THEM TO BECOME TOMORROW'S LEADERS.

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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 $1,812,849
Program Service Revenue $3,715,631
Investment Income $363,064
Other Revenue $0
TOTAL REVENUE $5,891,544

Expense Breakdown

Grants Paid $54,100
Salaries & Benefits $4,339,124
Fundraising Expenses $0
Program Expenses $6,402,909
Other Expenses $2,719,207
TOTAL EXPENSES $7,112,431

Year-over-Year Comparison

2023 2022 Change
Revenue $5,891,544 $5,542,841 +0.1%
Expenses $7,112,431 $5,113,211 +0.4%
Net Income $-1,220,887 $429,630 -3.8%
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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Governance

Voting Members
5
Independent Members
5
Employees
78
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
9
$705,594
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MONICA AYALA-JIMENEZ BOARD MEMBBER 5.00
Director
$0 $0 $0
DR FRANK MADLA III PRESIDENT 5.00
Officer Director
$0 $0 $0
KATHY RODRIGUEZ VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
DR HAROLD OLIVER SECRETARY 5.00
Officer Director
$0 $0 $0
JOE PENA TREASURER 5.00
Officer Director
$0 $0 $0
ALFREDO SEGURA JR SUPERINTENDENT/CEO 40.00
Officer
$204,547 $21,334 $225,881
MONICA VILLARREAL PRINCIPAL/SPED COMPLIANCE [THRU 8/31/24] 40.00
Officer
$117,682 $14,900 $132,582
JEFFREY FLORES PRINCIPAL 40.00
Officer
$114,070 $14,968 $129,038
JENNIFER LIMAS COO [THRU 10/31/23] 40.00
Officer
$105,749 $10,057 $115,806
KHALID ZAKARIA PRINCIPAL [THRU 8/31/24] 40.00
Officer
$88,677 $13,610 $102,287
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 $5,891,544 $7,112,431 $29,112,313 $-1,220,887
2023 $5,542,841 $5,113,211 $31,410,460 $429,630
2022 $3,927,884 $3,839,907 $29,056,993 $87,977
2021 $6,693,589 $6,323,779 $3,773,922 $369,810
2020 $6,611,902 $7,279,754 $8,696,747 $-667,852
2019 $6,797,357 $7,480,639 $9,622,697 $-683,282
2018 $7,504,715 $7,366,309 $10,573,842 $138,406
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