EIN 45-3019142

The Beta Foundation

Name: The Beta Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

177

City

Houston

State

Texas

Year formed

2011

Most recent tax filings

2022-08-01

NTEE code, primary

B29: Charter Schools

Description

The Beta Foundation's fundamental mission and purpose are to create a school environment that fosters hope, nurtures and challenges students to achieve academic and life success. Its goal is to help families find the best educational fit for their children. The foundation educates, trains, and prepares individuals to function effectively in society by providing education opportunities and experiences. In 2014, Beta Foundation was awarded its k-12 charter and opened in August 2015 with 480 students.

Total revenues

$15,616,829

2022

Total expenses

$13,739,380

2022

Total assets

$36,457,126

2022

Num. employees

177

2022

Program areas at The Beta Foundation

Beta Foundation is organized to educate, train, and prepare individuals to function well in society and to provide education opportunities and experiences. Beta Foundation was awarded its k-12 charter in 2014 and opened in august 2015 with 480 students in grades k - 6. Beta Foundation plans to add a grade each year. In 2019 Beta academy added prek3 and prek4 to its grades, making it a pre-k3-12th grade charter.total students for The 2021-2022 school year was 1,213.

Who funds The Beta Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Cullen Foundation	2021-12	Covid-19 Related Summer School	$175,000
Good Reason Houston	2022-06	District Transformation	$70,000
M.D. Anderson Foundation	2021-12	Operating Support	$50,000
...and 5 more grants received

Personnel at The Beta Foundation

Name	Title	Compensation	Date of data
Latisha D Andrews	Superintendent and Chief Executive Officer	$168,849	2023-07-17
Martha Smith	Chief Business Officer	$132,081	2023-04-14
Steven Corrales	Chief of Operations		2023-04-14
Martha Earned	Chief Financial Officer		2022-10-16
Kendra Hampton	Executive Director of		2023-04-14
...and 7 more key personnel

Financials for The Beta Foundation

Revenues	FYE 08/2022	FYE 08/2021	% Change
Total grants, contributions, etc.	$2,293,473	$3,130,438	-26.7%
Program services	$13,248,238	$11,828,732	12%
Investment income and dividends	$21,414	$28,970	-26.1%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$44,056	$5,952	640.2%
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$9,648	$14,363	-32.8%
Total revenues	$15,616,829	$15,008,455	4.1%

Form 990s for The Beta Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2021-08	2022-07-15	990	View PDF
2020-08	2021-06-01	990	View PDF
2019-08	2020-08-14	990	View PDF
2018-08	2019-09-13	990	View PDF
2017-08	2018-10-16	990	View PDF
...and 3 more Form 990s

Organizations like The Beta Foundation

Organization	Type	Location	Revenue
Colorado Springs Charter Academy (CSCA)	501(c)(3)	Colorado Springs, CO	$4,078,904
Brighter Choice Elementary Charter Schools	501(c)(3)	Albany, NY	$10,972,851
Sierra Charter School	501(c)(3)	Fresno, CA	$5,550,879
Signature School	501(c)(3)	Evansville, IN	$4,520,825
American Heritage Charter School	501(c)(3)	Idaho Falls, ID	$4,181,683
San Diego Cooperative Charters	501(c)(3)	San Diego, CA	$5,836,875
Maine Connections Academy (MCA)	501(c)(3)	Scarborough, ME	$5,216,066
Inspire School of Arts and Sciences	501(c)(3)	Chico, CA	$5,544,525
Vanguard Classical School	501(c)(3)	Aurora, CO	$15,790,045
Nashville Classical Charter School	501(c)(3)	Nashville, TN	$10,847,605

Data update history

August 20, 2023

Updated personnel

Identified 1 new personnel

August 17, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 26, 2023

Received grants

Identified 6 new grant, including a grant for $175,000 from Cullen Foundation

May 7, 2023

Received grants

Identified 1 new grant, including a grant for $25,000 from Jesse W Couch Charitable Foundation

November 18, 2022

Used new vendors

Identified 1 new vendor, including

Nonprofit Types

SchoolsCharter schoolsK-12 schoolsCharities

Issues

Education

Characteristics

State / local levelReceives government fundingTax deductible donations

General information

Address: 9701 Almeda Genoa Rd; Houston, TX 77075
Metro area: Houston-The Woodlands-Sugar Land, TX
County: Harris County, TX
Website URL: betaacademy.org/
Phone: (832) 331-2460

IRS details

EIN: 45-3019142
Fiscal year end: August
Taxreturn type: Form 990
Year formed: 2011
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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The Beta Foundation

Program areas at The Beta Foundation

Who funds The Beta Foundation

Personnel at The Beta Foundation

Financials for The Beta Foundation

Form 990s for The Beta Foundation

Organizations like The Beta Foundation

Nonprofits

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