2024-05-15T10:39:32-05:00 2023-06-30 203992693 RANDY WALKER & CO 7800 IH 10 WEST STE 505 SAN ANTONIO TX 78230 990 2022-07-01 261609474 VALERE PUBLIC SCHOOLS INC VALE 5122875050 5800 E MLK BOULEVARD AUSTIN TX 78721 DR SALVADOR CAVAZOS SUPERINTENDENT 5122875050 2024-05-15 1 DR SALVADOR CAVAZOS 999009999 1 RANDY L WALKER CPA P00963779 2103669430 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR SALVADOR CAVAZOS 5800 E MLK BOULEVARD AUSTIN TX 78721 13571619 0 X WWW.PROMESAPUBLICSCHOOLS.ORG X 2007 TX THE VISION OF VALERE PUBLIC SCHOOLS IS TO SERVE AS A MODEL SCHOOL THAT - SEE SCHEDULE O 3 3 149 2 0 0 3637139 3859472 9936062 9685532 0 0 13747 26615 13586948 13571619 0 0 0 0 7412010 7747893 0 0 0 5597851 6109375 13009861 13857268 577087 -285649 8282324 8202657 2782917 2988899 5499407 5213758 THE VISION OF VALERE PUBLIC SCHOOLS IS TO SERVE AS A MODEL SCHOOL THAT SUCCESSFULLY PREPARES ALL STUDENTS, REGARDLESS OF ECONOMIC BACKGROUND, FOR A RIGOROUS HIGH SCHOOL CURRICULUM, GRADUATION, AND ULTIMATELY SUCCESS IN COLLEGE AND CAREER. 0 0 11085814 9712147 VALERE PUBLIC SCHOOLS [VALERE] BELIEVES THAT EVERYONE DESERVES ACCESS TO QUALITY EDUCATION. STUDIES SHOW THAT WHERE A CHILD LIVES DIRECTLY IMPACTS THEIR CHANCES OF ATTENDING COLLEGE AND PURSUING OPPORTUNITIES TO EARN A LIVING WAGE, WHICH IS WHY VALERE OPERATES FREE, COLLEGE PREPARATORY SCHOOLS FOR PRE-K TO 12TH GRADERS THAT ARE ACCESSIBLE TO THE ENTIRE COMMUNITY WITH FREE TRANSPORTATION AND FREE AFTER-SCHOOL CARE. VALERE OFFERS FREE TUTORING AND ITS TEACHERS HAVE EXTENDED HOURS TO ENSURE IT IS PROVIDING STUDENTS WITH PERSONALIZED OPPORTUNITIES TO EXCEL IN LEARNING. VALERE OPERATES IN SEVERAL COMMUNITIES INCLUDING CORPUS CHRISTI, BROWNSVILLE, AND AUSTIN, TX. THE NUMBER OF STUDENTS SERVED: 1,052 11085814 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 149 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X DR SALVADOR CAVAZOS 5122875050 5800 E MLK BOULEVARD AUSTIN TX 78721 CYNTHIA A DAVILA CHAIR 1.00 X X 0 0 0 GEORGE CANTU SECRETARY 1.00 X X 0 0 0 CRISTELLA GARCIA TREASURER 1.00 X X 0 0 0 DR SALVADOR CAVAZOS SUPERINTENDENT 40.00 X 870714 0 80798 SAMANTHA HENNIG CFO 40.00 X 92160 0 0 962874 0 80798 1 0 1 0 STAR SHUTTLE INC 1343 HALLMARK SAN ANTONIO TX 78216 TRANSPORTATION 1206257 A'VIANDS LLC DBA K-12 BY ELOIR 300 S TRYON ST STE 400 CHARLOTTE NC 28202 VENDED MEALS 736984 2 3859472 3859472 FOUNDATION SCHOOL PROGRAM 611710 9602953 9602953 OTHER LOCAL REVENUE 611710 82579 82579 9685532 26615 0 26615 26615 13571619 9712147 0 0 960818 768654 192164 5969167 4775334 1193833 343583 274866 68717 369903 295922 73981 104422 83538 20884 52524 42019 10505 548626 438902 109724 65294 52235 13059 1883579 1506863 376716 73124 58499 14625 124393 99514 24879 96478 77182 19296 345856 276685 69171 CONTRACT LABOR & SERVIC 1818238 1454590 363648 STUDENT FOOD SERVICE 689012 551210 137802 EDU SVC CTR, SUPP & MAT 289704 231763 57941 MAINTENANCE AND REPAIR 122547 98038 24509 13857268 11085814 2771454 0 3722904 3164109 2161045 2521805 11796 11894 11894 0 2684587 305148 2386481 2379439 0 113614 8282324 8202657 782917 901448 2000000 1970833 0 116618 2782917 2988899 X 5052546 4636728 446861 577030 5499407 5213758 8282324 8202657 -285649 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 259711 259711 1983421 12028 1971393 24833 24833 276948 217060 59888 139674 76060 63614 2379439 FINANCE LEASE PAYABLE 116618 116618 13571619 0 13571619 0 13571619 13857268 0 13857268 0 13857268 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SCHOOL COMPLIES WITH NOTICE OF NONDISCRIMINATION AS PRESCRIBED BY REV. PROC. 7550. SCHEDULE E, PART I, LINE 6 VALERE PUBLIC SCHOOLS RECEIVES REVENUES FROM THE TEXAS EDUCATION AGENCY (TEA) AND RELATED STATE AND FEDERAL AGENCIES SUCH AS ENTITLEMENTS AND/OR GRANTS. X X 0 0 0 0 0 0 0 0 0 DR SALVADOR CAVAZOS SUPERINTENDENT 757356 0 32561 0 80797 0 41081 0 39717 0 951512 0 0 0 FORM 990, PART I, LINE 1 SUCCESSFULLY PREPARES ALL STUDENTS, REGARDLESS OF ECONOMIC BACKGROUND, FOR A RIGOROUS HIGH SCHOOL CURRICULUM, GRADUATION, AND ULTIMATELY SUCCESS IN COLLEGE AND CAREER. FORM 990, PART VI, SECTION B, LINE 11B AT ALL MEETINGS OF THE BOARD, EACH TRUSTEE PRESENT SHALL HAVE ONE VOTE. EXCEPT AS OTHERWISE PROVIDED BY STATUE, THE ACTION OF A MAJORITY OF TRUSTEES PRESENT AT ANY MEETING AT WHICH A QUORUM IS PRESENT SHALL BE THE ACT OF THE BOARD. THE TAX RETURN IS PRESENTED TO THE BOARD AT A REGULARLY SCHEDULED MEETING AND THEY TAKE ACTION TO ACCEPT THE TAX RETURN FOR FILING WITH THE INTERNAL REVENUE SERVICE. PRIOR TO THE TAX RETURN BEING SUBMITTED TO THE BOARD OF TRUSTEES, MANAGEMENT AND THE ACCOUNTING STAFF REVIEW THE INCOME TAX RETURN IN DETAIL. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL OR PERSONAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS. DETERMINATIONS REGARDING CONFLICT OF INTEREST INQUIRIES ARE DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES OR THROUGH A WRITTEN REPORT PROVIDED BY THE SUPERINTENDENT/CEO TO THE BOARD OF TRUSTEES. THE BOARD MEMBER INVOLVED DOES NOT SPEAK OR VOTE ON THOSE RELATED ISSUES. IF A CONFLICT OF INTEREST EXISTS, THEN A DISINTERESTED PERSON IS APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THEN IT IS DETERMINED BY A MAJORITY VOTE OF THE DISINTERESTED PERSONS WHETHER THE CONFLICT OF INTEREST IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMPENSATION IS SET BY AN INDEPENDENT BODY WHO IS PRESENTED WITH PUBLICLY AVAILABLE COMPENSATION DATA FOR OTHER COMPARABLE SCHOOLS AND/OR NONPROFITS FOR THE PURPOSES OF EVALUATING REASONABLE COMPENSATION. THE DECISION-MAKING AND RATIONALE FOR COMPENSATION DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED BY THE INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PRIOR YEAR. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION VALERE PUBLIC SCHOOLS, INC. 5800 E MLK BLVD AUSTIN, TX 78721 EMPLOYER IDENTIFICATION NUMBER: 26-1609474 FOR THE YEAR ENDING JUNE 30, 2023 VALERE PUBLIC SCHOOLS, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).