Samuel C Red Parent-Teacher Organization
- Assets
- $48.8k
- Revenue
- $248.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/2003
- Data as of
- 07/2024
- EIN
- 76-0552784
Organization Overview
Samuel C Red Parent-Teacher Organization, operating under the name Red PTO, is located in Houston, TX. The organization was established in 2003. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red PTO is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Red PTO generated $248.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $236.7k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SAMUEL C RED ELEMENTARY PTO IS TO RAISE FUNDS AND RECRUIT VOLUNTEERS FOR THE BENEFIT OF RED ELEMENTARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL CARE ("ASC"): THE ASC PROGRAM IS FOR CHILDREN ATTENDING SAMUEL C. RED ELEMENTARY. CHILDREN ENROLLED IN THE PROGRAM RECEIVE ADDITIONAL GUIDANCE, INSTRUCTION, AND ASSISTENCE IN COMPLETING SCHOOL ASSIGNMENTS IN THE HOURS IMMEDIATELY AFTER THE SCHOOL DAY ENDS.
THE PTO RAISES FUNDS FOR USE IN THE IMPROVEMENT OF THE CAMPUS TO HELP FACILITATE AN ENVIRONMENT CONDUCIVE TO LEARNING FOR THE STUDENT POPULATION.
THE PTO ORGANIZES AND FUNDS EXTRACURRICULAR EVENTS AIMED AT BUILDING CAMARADERIE WITHIN THE STUDENT POPULATION AND ENCOURAGE COMMUNITY INVOLVEMENT WITHIN THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Mayes President | Officer | 5 | $0 |
Melissa Suter Secretary | Officer | 5 | $0 |
Hala Needham Vice President | Officer | 5 | $0 |
Frank Tamborello Treasurer | Officer | 5 | $0 |
Lauran Kerr-Heraly Parliamentarian | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,702 |
| Total Program Service Revenue | $242,779 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $248,481 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,347 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,487 |
| Information technology | $517 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,745 |
| All other expenses | $32,055 |
| Total functional expenses | $236,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,820 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,820 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $48,820 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $48,820 |