Neighborhood Schools Inc
- Assets
- $244.3k
- Revenue
- $554.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/2019
- Data as of
- 06/2023
- EIN
- 83-1577326
Organization Overview
Neighborhood Schools Inc is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, 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. Neighborhood Schools Inc 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 06/2023, Neighborhood Schools Inc generated $554.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GUIDE CHILDREN TO LOVE LEARNING AND DEVELOP THE ACADEMIC SKILLS AND VIRTUES TO SUCCEED IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NSI HELPS SUDENTS AT OUR TWO PARTNER CAMPUSES TO MEET THEIR ACADEMIC, MENTAL, PHYSICAL, AND SOCIAL NEEDS. OVER THE PAST 3 YEARS, NSI HAS BUILT PARTNERSHIPS WITH MORE THAN 20 NON-PROFITS, CHURCHES, CIVIL GROUPS AND BUSINESSES TO PROVIDE FOOD, HOLIDAY GIFTS, SCHOOL SUPPLIES, AND TECHNOLOGY TO THE STUDENTS AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Ramirez Chair | OfficerTrustee | 1 | $0 |
Jaciel Castro Treasurer | OfficerTrustee | 1 | $0 |
Daniel Davis Secretary | OfficerTrustee | 1 | $0 |
Ramon Reyes Board Member | Trustee | 1 | $0 |
Mike Feinberg Board Member | OfficerTrustee | 1 | $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 | $322,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,895 |
| Total Program Service Revenue | $40,778 |
| Investment income | $1,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $189,154 |
| 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 | $554,721 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $11,140 |
| Fees for services: Accounting | $8,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $332,698 |
| Advertising and promotion | $22,021 |
| Office expenses | $3,722 |
| Information technology | $7,538 |
| Royalties | $0 |
| Occupancy | $734 |
| Travel | $2,646 |
| 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 | $9,945 |
| Insurance | $9,753 |
| All other expenses | $6,068 |
| Total functional expenses | $1,169,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,802 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,444 |
| 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 | $67,013 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,000 |
| Total assets | $244,259 |
| Accounts payable and accrued expenses | $101,021 |
| 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 | $101,021 |
| Net assets without donor restrictions | $0 |
| 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 | $143,238 |
| Total liabilities and net assets/fund balances | $244,259 |