Project Transformation Rio Texas
- Assets
- $478.6k
- Revenue
- $329.6k
- Investments
- $0.0
- Employees
- 37
- Location
- San Antonio, TX
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 84-2069964
Organization Overview
Project Transformation Rio Texas is located in San Antonio, TX. The organization was established in 2019. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 12/2021, Project Transformation Rio Texas employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Transformation Rio Texas 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 12/2021, Project Transformation Rio Texas generated $329.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $366.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM COMMUNITIES BY ENGAGING CHILDREN, COLLEGE AGE YOUNG ADULTS AND CHURCHES IN PURPOSEFUL RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT TRANSFORMATION MEETS THE CHALLENGES OF THE THREE CS, CHILDREN, COLLEGE AND CHURCH AND 2021 PROVIDED A WAY TO DO THAT AS THE WORLD WAS EMERGING FROM A PANDEMIC. IN THE SUMMER OF 2021 PROJECT TRANSFORMATION SERVED:- 129 CHILDREN- 5 SITE CHURCHES IN SAN ANTONIO, AUSTIN AND THE RIO GRANDE VALLEY- WITH ZERO COVID CASES-19 COLLEGE STUDENTS RECEIVED PROFESSIONAL EXPERIENCE AND LEADERSHIP DEVELOPMENT AS THEY INSPIRED CHILDREN TO BE BETTER READERS AND AIM FOR COLLEGE.- OVER 1000 BOOKS WERE GIVEN AWAY TO BUILD PERSONAL LIBRARIES.- OVER 100 VETTED AND TRAINED VOLUNTEERS READ DAILY TO CHILDREN.ALL OF THIS LED TO 91% OF STUDENTS MAINTAINING OR IMPROVING THEIR READING LEVEL AND 98% OF FAMILIES EXPRESSING PROGRAM SATISFACTION.THE ONLINE READING BUDDY PROGRAM THAT WAS STARTED OUT OF NECESSITY DURING THE PANDEMIC IS CONTINUING BECAUSE OF NEED AND EFFECTIVENESS. THESE 30-MINUTE SESSIONS HAVE GIVEN PARENTS A BREAK, CREATED LASTING CHILDREN/ADULT RELATIONSHIPS AND STRENGTHENED MANY STRUGGLING READERS LITERACY ABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kercida Mcclain CEO | Officer | 40 | $58,000 |
Steve Schuetze Property Chair | OfficerTrustee | 2 | $0 |
Nadia Rodriguez Treasurer | OfficerTrustee | 2 | $0 |
Dana Jacobson Vice Chair | OfficerTrustee | 1 | $0 |
Shellie Reyes Secretary | OfficerTrustee | 0.5 | $0 |
Mindy Waters Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,030 |
| Related organizations | $0 |
| Government grants | $37,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $269,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,759 |
| Total Program Service Revenue | $2,265 |
| Investment income | $197 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,008 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$742 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $329,631 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $58,000 |
| Compensation of current officers, directors, key employees. | $8,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $182,305 |
| Pension plan accruals and contributions | $8,672 |
| Other employee benefits | $19,253 |
| Payroll taxes | $18,402 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,285 |
| Advertising and promotion | $440 |
| Office expenses | $6,675 |
| Information technology | $3,083 |
| Royalties | $0 |
| Occupancy | $1,325 |
| Travel | $4,182 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $461 |
| Interest | $5,304 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,539 |
| Insurance | $6,955 |
| All other expenses | $0 |
| Total functional expenses | $366,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,298 |
| Savings and temporary cash investments | $35,951 |
| 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 | $662 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $361,698 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $478,609 |
| Accounts payable and accrued expenses | $1,623 |
| Grants payable | $0 |
| Deferred revenue | $250 |
| 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 | $197,071 |
| Total liabilities | $198,944 |
| Net assets without donor restrictions | $279,665 |
| 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 | $478,609 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Project Transformation Rio Texas has recieved totaling $125,219.
| Awarding Organization | Amount |
|---|---|
Methodist Healthcare Ministries Of South Texas Inc San Antonio, TX PURPOSE: Children's literacy program and donation | $110,219 |
Raul Tijerina Jr Foundation Kingwood, TX PURPOSE: GENERAL OPERATIONS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of El Paso Inc El Paso, TX | $2,674,803 | $5,342,114 |
Small Steps Nurturing Center Houston, TX | $10,410,748 | $6,522,769 |
Bookspring Austin, TX | $3,307,533 | $2,191,070 |
Austin Explore Inc Austin, TX | $2,025,825 | $1,630,361 |
Catch Up & Read Inc Dallas, TX | $1,980,832 | $917,650 |
Smart Start Central Oklahoma Inc Oklahoma City, OK | $1,312,516 | $1,054,771 |
Literacy Council Of Southwest Louisiana Inc Lake Charles, LA | $245,946 | $785,766 |
Tackle Tomorrow Llc Dallas, TX | $245,428 | $769,944 |
Literacy San Antonio Inc San Antonio, TX | $550,781 | $543,394 |
Rootedgood Kerrville, TX | $704,669 | $179,375 |
Literacy Council Of Williamson County Georgetown, TX | $25,258 | $290,028 |
Adult Learning Alliance Inc Little Rock, AR | $466,955 | $413,741 |