Nonprofit · EIN 76-0297121
VARNETT SCHOOLS INC
Tax-exempt · HOUSTON, TX 77035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $18,539,148 | $19,852,092 | -$1,312,944 | $24,884,263 | $3,343,045 | $21,541,218 |
| August 31, 2024 | 990 | $18,301,708 | $19,094,434 | -$792,726 | $25,991,247 | $3,137,085 | $22,854,162 |
| August 31, 2023 | 990 | $18,212,008 | $18,015,707 | $196,301 | $27,218,383 | $3,571,495 | $23,646,888 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $17,565,659
- of which government grants
- $17,565,659
- Program service revenue
- $501,819
- Investment income
- $471,670
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $319,369
- Other salaries and wages
- $10,342,478
- Salaries, compensation and benefits (total)
- $12,928,322
- Professional fundraising fees
- $0
- Legal fees
- $176,361
- Accounting fees
- $80,968
- Occupancy
- $913,332
- Travel
- $83,792
- Depreciation
- $652,984
- Program services (functional)
- $18,361,778
- Management and general (functional)
- $1,490,314
Balance sheet and other
- Total assets, start of year
- $25,991,247
- Total assets, end of year
- $24,884,263
- Total liabilities, end of year
- $3,343,045
- Net assets, end of year
- $21,541,218
- Land, buildings and equipment
- $6,710,922
- Net assets without donor restrictions
- $15,628,498
- Net assets with donor restrictions
- $5,912,720
- Gross receipts
- $18,802,574
- Employees
- 247
- Volunteers
- 5
- Year formed
- 1990
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NITA WHITE | SUPERINTENDENT Officer | 60 | $198,651 | $5,353 |
| JEFFREY WAYNE SILER | TECHNOLOGY DIRECTOR Highest-paid employee | 40 | $119,769 | $5,353 |
| SHAWNA CLOUSER | EXECUTIVE DIRECTOR OF ACADEMICS Highest-paid employee | 40 | $117,199 | $4,921 |
| WANDA RICHARDSON | EXECUTIVE DIRECTOR OF BUSINESS & FINANCE Officer | 60 | $116,000 | $5,353 |
| LISA MCNEILL | SPECIAL PROGRAMS COORDINATOR Highest-paid employee | 40 | $106,427 | $5,353 |
| TAMARA HARRISON | DIRECTOR OF EFFECTIVE PRACTICE Highest-paid employee | 40 | $102,278 | $5,353 |
| CYNTHIA HUMPHREY | MEMBER Trustee or director | 10 | $0 | $0 |
| DR MATTHEW PLUMMER | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| MALAKI SIMS | VICE PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| ANTOY BELL | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| DR SCLAFANI | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
990 for the year ended August 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NITA WHITE | SUPERINTENDENT Officer | 60 | $180,959 | $4,015 |
| TERRELL D RUSSELL | GENERAL MANAGER - FMOT Highest-paid employee | 60 | $127,906 | $9,832 |
| WANDA RICHARDSON | EXECUTIVE DIRECTOR OF BUSINESS AND FINANCE Officer | 60 | $124,825 | $5,680 |
| JEFFREY WAYNE SILER | TECHNOLOGY DIRECTOR Highest-paid employee | 40 | $123,185 | $1,728 |
| LISA MCNEILL | ACCELERATED LEARNING PROGRAM LEAD Highest-paid employee | 50 | $110,509 | $5,996 |
| BRANDIE BUFORD | DIRECTOR OF ACCOUNTABILITY AND TESTING Highest-paid employee | 50 | $108,601 | $4,888 |
| GAYLE VOLTZ | EAST CAMPUS DIRECTOR Highest-paid employee | 40 | $111,747 | $0 |
| SANDRA SMITH | CHIEF FINANCIAL OFFICER Officer | 60 | $102,022 | $3,256 |
| ANTOY BELL | MEMBER Trustee or director | 1 | $0 | $0 |
| MALAKI SIMS | MEMBER Trustee or director | 1 | $0 | $0 |
| SARA DONATTO | MEMBER Trustee or director | 1 | $0 | $0 |
| CYNTHIA HUMPHREY | MEMBER Trustee or director | 1 | $0 | $0 |
| DR MATTHEW PLUMMER | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| DR EDGARDO COLON | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| CLARENCE WHITE III | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
990 for the year ended August 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGARET STROUD | SUPERINTENDENT Officer | 60 | $264,037 | $0 |
| SANDRA SMITH | CHIEF FINANCIAL OFFICER Officer | 60 | $192,532 | $5,060 |
| NI'COLE GOLD | CHIEF ACADEMIC OFFICER Highest-paid employee | 40 | $135,281 | $10,224 |
| TERRELL RUSSELL | GENERAL MANAGER FMOT Highest-paid employee | 40 | $121,846 | $10,224 |
| JEFFREY SILER | TECHNOLOGY DIRECTOR Highest-paid employee | 40 | $118,296 | $0 |
| CONRAD MCCONNELL | COMMUNICATIONS DIRECTOR Highest-paid employee | 40 | $105,479 | $5,060 |
| GAYLE VOLTZ | EAST CAMPUS DIRECTOR Highest-paid employee | 40 | $104,520 | $0 |
| ANTOY BELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MALAKI SIMS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SARA DONATTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CYNTHIA HUMPHREY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR MATTHEW PLUMMER | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| DR EDGARDO COLON | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| CLARENCE WHITE III | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| NITA WHITE | SUPERINTENDENT Officer | 60 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5025 S WILLOW DR, HOUSTON, TX 77035-4804
- Principal officer (990 for 2024)
- DR MATTHEW PLUMMER, PO BOX 1457, HOUSTON, TX 77251
- Signed the 990
- DR MATTHEW PLUMMER, PRESIDENT
- Phone
- (713) 723-4699
- Website
- WWW.VARNETT.ORG
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
THE MISSION OF THE VARNETT PUBLIC SCHOOL IS TO PROVIDE A RIGOROUS ACADEMIC PROGRAM WHICH MEETS THE NEEDS OF OUR DIVERSE POPULATION.
Program accomplishments
- THE SCHOOL PROVIDES AN ALTERNATIVE PUBLIC SCHOOL TO CHILDREN, SERVING MOSTLY MINORITY STUDENTS.Expenses $18,361,778 · revenue $501,819
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 76-0297121
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24P)
- Assets (IRS master file)
- $24,884,263
- Income (IRS master file)
- $18,802,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $18,539,148 | $19,852,092 | $24,884,263 | XML |
| 990 | August 2024 | $18,301,708 | $19,094,434 | $25,991,247 | XML |
| 990 | August 2023 | $18,212,008 | $18,015,707 | $27,218,383 | XML |
| 990 | August 2022 | $21,892,421 | $18,573,229 | $26,684,874 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0297121).
Questions about VARNETT SCHOOLS INC
- What is the EIN of VARNETT SCHOOLS INC?
- The employer identification number (EIN) of VARNETT SCHOOLS INC is 76-0297121.
- Is VARNETT SCHOOLS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to VARNETT SCHOOLS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VARNETT SCHOOLS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VARNETT SCHOOLS INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VARNETT SCHOOLS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of VARNETT SCHOOLS INC?
- The 990 for the year ended August 31, 2025 names DR MATTHEW PLUMMER.
- Who are the officers and directors of VARNETT SCHOOLS INC?
- The 990 for the year ended August 31, 2025 lists 11 people; 6 received compensation from the organization, the highest $198,651 (NITA WHITE, SUPERINTENDENT).
- How much revenue does VARNETT SCHOOLS INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $18,539,148, expenses of $19,852,092 and total assets of $24,884,263 at year end.
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