BASIS TEXAS CHARTER SCHOOLS INC (EIN 454269957) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

ANDREW FREEMAN

Phone

4802892088

Tax Period

2022-07-01 to 2023-06-30

BASIS TEXAS CHARTER SCHOOLS INC, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $57.5M in total revenue in fiscal year 2022. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF BASIS TEXAS CHARTER SCHOOLS IS TO EMPOWER STUDENTS TO ACHIEVE AT GLOBALLY COMPETITIVE LEVELS WITH A TRANSFORMATIVE K-12 ACADEMIC PROGRAM.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $11,125,677

Program Service Revenue $45,438,090

Investment Income $869,669

Other Revenue $40,475

TOTAL REVENUE $57,473,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,208,347

Fundraising Expenses $474,921

Program Expenses $45,317,999

Other Expenses $26,146,617

TOTAL EXPENSES $56,354,964

Year-over-Year Comparison

	2022	2021	Change
Revenue	$57,473,911	$37,557,705	+0.5%
Expenses	$56,354,964	$38,123,978	+0.5%
Net Income	$1,118,947	$-566,273	-3.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$252,792

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW FREEMAN	Executive Dir.	40.00	Officer	$127,670	$16,774	$144,444
ANDREA PEREZ	SUPERINTENDENT	40.00	Officer	$94,942	$13,406	$108,348
ED ALLRED	Secretary	1.00	Officer Director	$0	$0	$0
DR CRAIG BARRETT	Chairman	2.00	Officer Director	$0	$0	$0
DR JOELLE CHOUCAIR	Director	1.00	Director	$0	$0	$0
DR WILLIAM HARRIS	Treasurer	1.00	Officer Director	$0	$0	$0
KAYVEE KONDAPALLI	Director	1.00	Director	$0	$0	$0
HARVEY VIGNEAULT	Director	1.00	Director	$0	$0	$0
GLEN HAMER	Director	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$57,473,911	$56,354,964	$226,293,425	$1,118,947
2022	$37,557,705	$38,123,978	$202,534,161	$-566,273
2021	$31,933,223	$30,687,388	$92,451,409	$1,245,835
2019	$25,219,598	$21,837,807	$8,845,928	$3,381,791
2018	$20,814,558	$20,428,407	$4,974,628	$386,151

BASIS TEXAS CHARTER SCHOOLS INC