Jubilee Academic Center Inc
68% goes to programs $0 to raise $100 Growing revenue
Jubilee Academic Center Inc is a 501(c)(3) organization based in San Antonio, Texas, registered in 2000, with $93,977,861 in FY2023 revenue. CharityIndex grades it A, and it directs about 68% of spending to programs.
4434 Roland Rd, San Antonio, TX, 78222 EIN 74-2939346 Since 2000
Revenue (FY2023)
$94.0M
▼ 0.5% vs prior year
Education median: $200K
Expenses (FY2023)
$94.4M
Net assets
$26.9M
Employees
1,456
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating68% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Jubilee Academic Center Inc: 68% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jubilee Academic Center Inc: 3 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Jubilee Academic Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jubilee Academic Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Jubilee academies, a free public charter school district began in january 2000 with 60 students in san antonio, texas. current texas geographic boundaries include: brownsville,harlingen,kingsville,san antonio,austin. jubilee serves nearly 6,000 students at 12 sites within its boundaries.
Contact & location
- Address
- 4434 Roland Rd, San Antonio, TX, 78222
- City
- San Antonio
- State
- Texas
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $26.3M (FY2013) to $94.0M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $159.2MNet assets $26.9M
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$186.0M
Total liabilities
$159.2M
Net assets
$26.9M
Salaries & benefits
$61.6M
65% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $93,977,861▼0.5% | $94,364,142▼0.2% | $26,862,788▲8.0% | $186,028,017▼0.1% | 990 |
| 2022 | $94,411,794▲4.3% | $94,545,418▲5.5% | $24,869,081▼0.5% | $186,265,717▲8.6% | 990 |
| 2021 | $90,492,083▲17.2% | $89,627,228▲28.3% | $25,002,703▲6.4% | $171,558,931▲24.4% | 990 |
| 2020 | $77,234,033▲7.3% | $69,868,291▲0.9% | $23,502,148▲45.6% | $137,938,000▲4.1% | 990 |
| 2019 | $71,976,095▲16.4% | $69,210,951▲21.5% | $16,136,407▲20.7% | $132,536,098▲2.5% | 990 |
| 2018 | $61,817,625▲35.3% | $56,943,728▲18.4% | $13,371,263▲116% | $129,322,587▲4.3% | 990 |
| 2016 | $45,682,962▲6.6% | $48,077,384▲17.2% | $6,203,940▼27.8% | $123,960,050▲761% | 990 |
| 2015 | $42,837,485▲15.4% | $41,029,773▲11.9% | $8,598,362▲29.6% | $14,399,337▲18.7% | 990 |
| 2014 | $37,122,256▲41.3% | $36,660,402▲50.2% | $6,633,910▲7.5% | $12,132,532▼9.3% | 990 |
| 2013 | $26,280,355 | $24,399,703▲27.1% | $6,172,056▲43.8% | $13,383,754▲35.2% | 990 |
| 2012 | — | $19,204,040▲111% | $4,291,404▲77.1% | $9,902,481▲27.0% | 990 |
| 2010 | — | $9,096,346▲38.5% | $2,423,775▲50.6% | $7,798,120▲24.5% | 990 |
| 2009 | — | $6,568,817 | $1,609,733 | $6,261,941 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Thomas J Kroger — $201,029 (0.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas J Kroger | Board Chairman/chief Executive Officer | 45 | $201,029 |
| Kevin L Phillips | Superintendent | 40 | $190,033 |
| Rene Gallegos | Chief Financial Officer | 40 | $179,104 |
| Lorraine De Leon | Associate Superintendent | 40 | $139,264 |
| David Cofer | Executive Director of Human Resources | 40 | $138,853 |
| Alicia Bolt | Associate Superintendent | 40 | $127,190 |
| Abel De Leon | Director Associate | 40 | $122,932 |
| Sandra Gonzales | Leadership Development Director | 40 | $119,996 |
| Grace Muniz | Director of Curriculum | 40 | $117,200 |
| Christine Sanchez | Senior Director of Fiscal Compliance | 40 | $106,352 |
| Diana Centeno | Director of Student Services | 40 | $106,121 |
| Vanessa Fox-norton | Curriculum Director | 40 | $105,822 |
| Ryan Wells | Director | 40 | $104,812 |
| Carlos Moreno | Director | 40 | $101,109 |
| Gloria Glover | Secretary | 5 | — |
| Ignacio Perez | Member | 5 | — |
| Janie Perez | Member | 5 | — |
| Sherilyn West | Member | 5 | — |
| Tommy Thompson | Member | 5 | — |
| Zach Lutz | Vice-chairman | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Raices Educational Consulting Group | Educational Consulting | $121,000 |
| Schulman Lopez Hoffer LLP | Legal | $110,307 |
| Livingway Family Church | Rental Facilities | $108,400 |
| Guadalupe B Alvarez | Property Lease | $106,305 |
| Michael Pallaro | Ac Work | $101,235 |
Grants received · $2.3M total
10 grants to Jubilee Academic Center Inc totaling $2.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| 50can Inc | To support summer boost | 2024 | $1,116,800 |
| American Online Giving Foundation Inc | General support | 2024 | $25,000 |
| 50can Inc | To support summer boost | 2023 | $805,972 |
| Project Lead the Way Inc | Program expansion | 2023 | $10,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $76,596 |
| Share Our Strength | Childhood hunger programs | 2022 | $15,000 |
| Share Our Strength | Childhood hunger programs | 2022 | $15,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2021 | $170,000 |
| Share Our Strength | Childhood hunger programs | 2021 | $33,300 |
| Share Our Strength | Childhood hunger programs | 2021 | $33,300 |
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Frequently asked questions
- Is Jubilee Academic Center Inc a legitimate nonprofit?
- Yes. Jubilee Academic Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2939346, based in San Antonio, Texas. Donations are tax-deductible.
- What is Jubilee Academic Center Inc's EIN?
- Jubilee Academic Center Inc's Employer Identification Number (EIN) is 74-2939346.
- How much revenue does Jubilee Academic Center Inc report?
- Jubilee Academic Center Inc reported $93,977,861 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Jubilee Academic Center Inc's spending goes to programs?
- Jubilee Academic Center Inc spends about 68% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Jubilee Academic Center Inc have?
- CharityIndex grades Jubilee Academic Center Inc A, based on program efficiency and fundraising cost.
- How much does Jubilee Academic Center Inc's highest-paid employee make?
- The highest reported compensation on Jubilee Academic Center Inc's latest Form 990 is $201,029, paid to Thomas J Kroger (Board Chairman/chief Executive Officer).
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Data for Jubilee Academic Center Inc (EIN 74-2939346) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.