Cause IQ organization profile

Idea Public Schools

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Idea Public Schools is a charter school based in Weslaco, TX that was founded in 2000. As of 2018 they had $422 million in revenue and $893 million in assets.

Idea public schools prepares students from underserved communities for success in college and citizenship by providing educational services to students in grade k (kindergarten) through 12 (twelve). Idea public schools prepares students from underserv...

EIN:
74-2948339
City:
State:
Metro:
Website:
Facebook:
Twitter:
Founded:
2000
Type:
501(c)(3)
NTEE:
Revenue:
$422,378,039
Assets:
$893,444,366
Employees:
5,945
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at Idea Public Schools

Idea public schools is a growing network of tuition-free pre-k - 12 public charter schools serving more than 35,595 students in 51 schools throughout the rio grande valley and central Texas. Idea is committed to "college for all children- and has demonstrated this by the 100% acceptance rate of its graduates to the college or university of their choice. Idea public schools has been rated a "met standard" distric by the Texas education agency. In addition, specific needs of those children identified as "at risk" were addressed. (16,331)

Form 990s for Idea Public Schools

Fiscal year endingDate received by IRSFormPDF link
2018-06May 14, 2019990View PDF
2017-06Jan 19, 2018990View PDF
2016-06Apr 7, 2017990View PDF
2015-06Feb 8, 2016990View PDF
2014-06Dec 29, 2014990View PDF
...and five more Form 990 PDFs

Financials for Idea Public Schools

Field2018
Total grants, contributions, etc.$421,271,547
Program services$0
Investment income and dividends$154,906
Tax-exempt bond proceeds$309,705
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$641,881
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$422,378,039

Vendors for Idea Public Schools

VendorServicesAmount paidDate
KimbiaFundraising software2020-03-03
███████ ███ ████Fundraising software; Payment processing2020-03-03
█████████Content management system software2020-03-03
██████ ███ ██████████Audit accounting2019-10-04
█████ ███ ███████Tax accounting2019-03-05
█ ██████ ████████████ ███████Construction$15,815,2012018-06-01
███████ ████████ ███Construction$13,054,2892018-06-01
██████ ████████████Construction$27,849,1212018-06-01
...and three more vendors

Personnel at Idea Public Schools

NameTitleCompensationMost recent data
Thomas E TorkelsonChief Executive Officer and Executive Chairman$554,060April 19, 2019
Tom TorkelsonFounder Chief Executive Officer / Founder and Chief Executive Officer-Aug. 1, 2019
████ █████Chief Operating Officer$293,693Aug. 1, 2019
█████ █████████Chief Financial Officer$312,123Aug. 1, 2019
█████ █ ██████Chief Administrative Officer$192,966June 30, 2018
███ █████████Chief Advancement Officer$243,237Aug. 1, 2019
███████ ████████Chief Program Officer$240,342Aug. 1, 2019
██████ ██████████Chief Human Assets Officer-Aug. 1, 2019
█████ ███████████Senior Vice President of Finance and Controller-Oct. 8, 2019
██████ ███████Vice President of Community$128,940Aug. 1, 2019
...and 18 more key personnel

Peer charter schools

 NameTypeRevenueLocation
1YES Prep Public Schools501(c)(3)$144 millionHouston, TX
2Uplift Education501(c)(3)$187 millionDallas, TX
3Achievement First Brooklyn Charter Schools501(c)(3)$131 millionNew Haven, CT
4Mater Academy501(c)(3)$122 millionMiami, FL
5Noble Network of Charter Schools501(c)(3)$183 millionChicago, IL
6BASIS Charter Schools501(c)(3)$118 millionScottsdale, AZ
7Renaissance Elementary Charter School501(c)(3)$276 millionFort Lauderdale, FL
8Green Dot Public Schools501(c)(3)$175 millionLos Angeles, CA
9Aspire Public Schools501(c)(3)$212 millionOakland, CA
10Uncommon New York City Charter Schools501(c)(3)$138 millionBrooklyn, NY
11Commonwealth Charter Academy Charter School (CCA)501(c)(3)$130 millionHarrisburg, PA
12Kipp DC Public Charter Schools501(c)(3)$136 millionWashington, DC
13Pennsylvania Cyber Charter School501(c)(3)$150 millionMidland, PA
14Harlem Success Academy Charter School 3 A / K / A Success Academy Charter Schools - Nyc501(c)(3)$227 millionNew York, NY
15Responsive Education Solutions501(c)(3)$187 millionLewisville, TX
16Harmony Public Schools501(c)(3)$345 millionHouston, TX
17KIPP Houston Public Schools (KIPP)501(c)(3)$168 millionHouston, TX
18Somerset Virtual Academy501(c)(3)$195 millionMiami, FL
19Turning Point Foundation501(c)(3)$622 millionBowie, MD
20SRI International501(c)(3)$405 millionMenlo Park, CA
21Catholic Charities of the Archdiocese of Chicago501(c)(3)$160 millionChicago, IL
22RAND Corporation (RAND)501(c)(3)$416 millionSanta Monica, CA
23Evangelical Lutheran Good Samaritan Society501(c)(3)$1.0 billionSioux Falls, SD
24Catholic Charities of Baltimore501(c)(3)$113 millionTimonium, MD
25People501(c)(3)$159 millionWilliamsville, NY

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