The Beta Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453019142 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is The Beta Foundation?

The Beta Foundation, located in Houston, Texas, is a nonprofit organization dedicated to providing education and opportunities for individuals to thrive in society. Established in 2014, it opened its doors in August 2015 with an initial enrollment of 480 students in grades K-6, later expanding to a Pre-K3-12th grade charter school in 2019. With a current student body of 1,213, the foundation's primary objective is to create a nurturing yet challenging educational environment that fosters success both academically and in life. The Beta Foundation aims to assist families in finding the ideal educational fit for their children. Currently, the organization employs a team of 177 individuals.


Official website here: www.betaacademy.org

Is The Beta Foundation legitimate?

The Beta Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Beta Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $445,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,805,693

For more financial information, click here


Official website here: www.betaacademy.org

What is the mission statement of The Beta Foundation?

The Beta Foundation is committed to establishing a school that fosters an environment of hope, encouraging students to excel academically and personally. Its primary goal is to assist families in finding the most suitable educational fit for their children. The organization's mission extends beyond academics, as it aims to educate, train, and prepare individuals to thrive in society. The Beta Foundation received its K-12 charter in 2014 and opened its doors in August 2015, initially accommodating 480 students in grades K-6. Over the years, it has expanded to include Pre-K3 and Pre-K4, making it a Pre-K3-12th grade charter school. With a student body of 1,213 for the 2021-2022 academic year, the Beta Foundation continues to provide quality education opportunities and experiences.


Official website here: www.betaacademy.org

Who is the CEO of The Beta Foundation?

Latisha D Andrews is the Director of The Beta Foundation. The CEO's salary of The Beta Foundation is $168,849 and their total compensation is $172,349.


Official website here: www.betaacademy.org

What is the revenue of The Beta Foundation?

The Beta Foundation's revenue in 2022 was $15,616,829.


Official website here: www.betaacademy.org

Who are the executives of The Beta Foundation and what are their salaries?

The average compensation at The Beta Foundation during 2022 was $40,965. There are 177 employees and 10 volunteers at The Beta Foundation.

Here are 9 key members and their salaries (The Beta Foundation's CEO's salary is $168,849 and their total compensation is $172,349):

    Latisha Andrews (Ceo/Superintendent)
  • Compensation: $168,849
  • Related: $0
  • Other: $3,500

    • Martha Smith (Chief Business Officer/Operations)
  • Compensation: $132,081
  • Related: $0
  • Other: $3,500

    • Jennifer Raquell Sartor (Chief Academic Officer)
  • Compensation: $128,080
  • Related: $0
  • Other: $165

    • Jan Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Sones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erika Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Neely (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim King (Vice President & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anita Archer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.betaacademy.org

    Where can I find the form 990 for The Beta Foundation?

    The The Beta Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.betaacademy.org

    Learn more at the official website: www.betaacademy.org

    Mission Statement of The Beta Foundation

    The Beta Foundation, a nonprofit organization, is dedicated to creating a school environment filled with hope and fostering the growth of students academically and personally. Established with the purpose of helping families find the best educational fit for their children, Beta Foundation goes beyond nurturing and challenges students to succeed.

    Beta Foundation's mission is to educate, train, and prepare individuals for effective functioning in society. This includes providing valuable educational opportunities. The organization was granted its K-12 charter in 2014 and opened its doors in August 2015, welcoming 480 students in grades K-6. With a commitment to expansion, Beta Foundation added Prek3 and Prek4 to its grades in 2019, making it a full Pre-K3-12th grade charter school. In the 2021-2022 school year, the institution served a total student body of 1,213. In summary, The Beta Foundation is an educational institution that offers hope-filled environments and strives to help students achieve success in their academic and personal endeavors.

    Impact

    This information is meant to be a general summary of The Beta Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Beta Foundation's impact lies in creating a school environment that fosters hope, challenges students, and prepares them for academic and life success. With a mission to provide educational opportunities and experiences, The Beta Foundation functions to educate, train, and empower individuals to thrive in society. Since being awarded its K-12 charter in 2014, the foundation has grown to serve a diverse student population, with 1,213 students during the 2021-2022 school year. By offering grades from Pre-K3 to 12th grade, The Beta Foundation in Houston, TX, is dedicated to helping families find the best educational fit for their children, making a significant impact in the field of education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,414
  • Program Service Revenue: $13,248,238
  • Gross Receipts: $15,616,829

    • Assets and Liabilities:
  • Total Assets: $36,457,126
  • Total Liabilities: $23,102,816
  • Net Assets: $13,354,310
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STATE EQUALIZATION

    Revenue

    $13,049,578

    CO-CURRICULAR OTHER REVENUE

    Revenue

    $108,429

    ENTERPRISING SVC REVENUE

    Revenue

    $80,795

    FOOD SERVICE REVENUE

    Revenue

    $9,436

    Organization Details

    Founding Year

    2011

    Principal Officer

    Latisha D Andrews

    Main Address

    9701 ALMEDA GENOA RD, HOUSTON, TX, 77075

    NTEE Category

    Code: B29 - Education

    If you are a representative of The Beta Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.