ETOILE ACADEMY INC

EIN: 814291553 501(c)(3) Education

HOUSTON, TX

Total Revenue
$15,994,151
Total Expenses
$15,364,830
Total Assets
$20,916,123
Net Assets
$5,344,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
KAYLEIGH COLOMBERO
Phone
7139951612
Tax Period
2024-07-01 to 2025-06-30

ETOILE ACADEMY INC, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $16.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $15.4M left a modest 4% surplus.

Mission

ETOILE ACADEMY CHARTER SCHOOL ENSURES THAT EVERY STUDENT IN GRADES K THROUGH 8 HAS THE ACADEMIC AND CHARACTER FOUNDATION NECESSARY TO SUCCEED IN HIGH SCHOOL, GRADUATE FROM COLLEGE AND PURSUE AMBITIOUS LIFE GOALS.

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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 $15,797,146
Program Service Revenue $162,335
Investment Income $702
Other Revenue $33,968
TOTAL REVENUE $15,994,151

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,112,890
Fundraising Expenses $213,547
Program Expenses $14,028,032
Other Expenses $6,251,940
TOTAL EXPENSES $15,364,830

Year-over-Year Comparison

2024 2023 Change
Revenue $15,994,151 $14,395,353 +0.1%
Expenses $15,364,830 $14,285,755 +0.1%
Net Income $629,321 $109,598 +4.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
342
Volunteers
11

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
4
$239,424
Total Directors
12
$239,424
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRANT BERG TREASURER 2.00
Officer Director
$0 $0 $0
EMMANUEL ENRIQUEZ BOARD MEMBER 2.00
Director
$0 $0 $0
DR MICHELLE BAIR CHAIR 2.00
Officer Director
$0 $0 $0
LIA VALLONE BOARD MEMBER 2.00
Director
$0 $0 $0
NOOR IQBAL BOARD MEMBER 2.00
Director
$0 $0 $0
KAYLEIGH COLOMBERO SUPERINTENDE 40.00
Officer Director
$201,660 $37,764 $239,424
PHILIP WRIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
ALEX CARITIS SECRETARY 2.00
Officer Director
$0 $0 $0
REBEKAH GUILL BOARD MEMBER 2.00
Director
$0 $0 $0
ADEEBA YUSUF BOARD MEMBER 2.00
Director
$0 $0 $0
YVONNE TREJO BOARD MEMBER 2.00
Director
$0 $0 $0
JOEL MUNOZ BOARD MEMBER 2.00
Director
$0 $0 $0
HESTON NGUYEN FINANCE DIRE 40.00
Highest
$104,646 $14,633 $119,279
CHRISTINA URENA CHIEF OF SCH 40.00
Highest
$151,500 $18,490 $169,990
KRISTEN RAY ASSISTANT PR 40.00
Highest
$105,321 $14,689 $120,010
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 $15,994,151 $15,364,830 $20,916,123 $629,321
2024 $14,395,353 $14,285,755 $20,088,823 $109,598
2023 $11,637,442 $8,859,319 $16,534,104 $2,778,123
2022 $5,883,620 $5,209,605 $2,573,808 $674,015
2021 $3,287,895 $2,828,810 $1,744,362 $459,085
2018 $629,226 $457,056 $520,943 $172,170
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