EIN 26-1609474

Valere Public Schools

IRS 501(c) type
501(c)(3)
Num. employees
131
City
State
Year formed
2007
Most recent tax filings
2022-06-01
NTEE code, primary
Description
To serve as a model school with a rigorous curriculum that successfully prepares all students, regardless of economic background, for graduation and success in college and career, while also instilling a commitment to community service.
Also known as...
Promesa Public Schools; East Austin College Prep; The East Austin College Prep Academy; East Austin College Prep Academy; East Austin Academia
Total revenues
$13,586,948
2022
Total expenses
$13,009,861
2022
Total assets
$8,282,324
2022
Num. employees
131
2022

Program areas at Valere Public Schools

Valere Public Schools [Valere] believes that everyone deserves access to quality education. Studies show that where a child lives directly impacts their chances of attending college and pursuing opportunities to earn a living wage, which is why Valere operates free, college preparatory Schools for pre-k to 12th graders that are accessible to the entire community with free transportation and free after-school care. Valere offers free tutoring and its teachers have extended hours to ensure it is providing students with personalized opportunities to excel in learning. Valere operates in several communities including corpus christi, brownsville, and austin, tx.

Who funds Valere Public Schools

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Musk FoundationSupport School Operations and Programs$28,030
Federal funding details
Federal agencyProgram nameAmount
Department of EducationEDUCATION STABILIZATION FUND$1,062,015
Department of EducationEDUCATION STABILIZATION FUND$503,801
Department of AgricultureNATIONAL SCHOOL LUNCH PROGRAM$433,982
...and 17 more federal grants / contracts

Personnel at Valere Public Schools

NameTitleCompensation
Samantha HennigChief Financial Officer$0
Salvador CavazosSuperintendent$792,084
Lisa McKinnonDirector of Business Services
Natalie FerrisBusiness Manager
Cynthia A DavilaChair$0
...and 4 more key personnel

Financials for Valere Public Schools

RevenuesFYE 06/2022
Total grants, contributions, etc.$3,637,139
Program services$9,936,062
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$13,747
Miscellaneous revenues$0
Total revenues$13,586,948

Form 990s for Valere Public Schools

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-09990View PDF
2019-062021-01-21990View PDF
2018-062019-08-09990View PDF
2017-062018-01-19990View PDF
2016-062016-12-16990View PDF
...and 7 more Form 990s
Data update history
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
May 26, 2023
Used new vendors
Identified 1 new vendor, including
May 20, 2023
Received grants
Identified 1 new grant, including a grant for $28,030 from Musk Foundation
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
5800 E MLK Blvd
Austin, TX 78721
Metro area
Austin-Round Rock-Georgetown, TX
Website URL
promesapublicschools.org/ 
Phone
(512) 287-5000
IRS details
EIN
26-1609474
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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