Nonprofit · EIN 76-0680496
DRAW ACADEMY INCORPORATED
Tax-exempt · HOUSTON, TX 77063
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $10,052,128 | $11,168,946 | -$1,116,818 | $6,227,545 | $3,934,360 | $2,293,185 |
| August 31, 2024 | 990 | $10,614,962 | $11,263,529 | -$648,567 | $8,071,404 | $5,306,813 | $2,764,591 |
| August 31, 2023 | 990 | $10,835,954 | $10,678,338 | $157,616 | $9,507,411 | $6,094,253 | $3,413,158 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $10,044,230
- of which government grants
- $9,820,609
- Program service revenue
- $0
- Investment income
- $6,918
- Other revenue
- $980
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $397,742
- Other salaries and wages
- $5,688,958
- Salaries, compensation and benefits (total)
- $7,284,122
- Professional fundraising fees
- $0
- Occupancy
- $1,404,008
- Travel
- $154,389
- Depreciation
- $124,407
- Program services (functional)
- $9,052,550
- Management and general (functional)
- $2,116,396
Balance sheet and other
- Total assets, start of year
- $8,071,404
- Total assets, end of year
- $6,227,545
- Total liabilities, end of year
- $3,934,360
- Net assets, end of year
- $2,293,185
- Land, buildings and equipment
- $303,134
- Net assets without donor restrictions
- $1,710,181
- Net assets with donor restrictions
- $583,004
- Gross receipts
- $10,052,128
- Employees
- 106
- Volunteers
- 20
- Year formed
- 2001
- 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 |
|---|---|---|---|---|
| FERNANDO DONATTI | ACADEMIC PROGRAM DIRECTOR Officer | 40 | $140,333 | $9,456 |
| PATRICIA BEISTEGUI | CEO/SUPERINTENDENT Officer | 60 | $114,433 | $13,981 |
| OLGA SONIA SALGADO | PRINCIPAL Officer | 40 | $93,907 | $7,956 |
| FERNANDA SOTO | ASSISTANT SUPERINTENDENT Officer | 40 | $93,907 | $7,836 |
| CAROLINA MARTINEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BARBARA THARP | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROXANA CUELLO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DIEGO CUTRERA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CLAUDIA RUIZ | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended August 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FERNANDO DONATTI | ACADEMIC PROGRAM DIRECTOR Officer | 40 | $140,333 | $9,456 |
| PATRICIA BEISTEGUI | CEO/SUPERINTENDENT Officer | 60 | $114,433 | $13,981 |
| OLGA SONIA SALGADO | PRINCIPAL Officer | 40 | $93,907 | $7,956 |
| FERNANDA SOTO | ASSISTANT SUPERINTENDENT Officer | 40 | $93,907 | $7,836 |
| ROXANA CUELLO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DIEGO CUTRERA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| BARBARA THARP | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CLAUDIA RUIZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CAROLINA MARTINEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended August 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FERNANDO DONATTI | CEO/SUPERINTEND Officer | 60 | $137,087 | $23,527 |
| PATRICIA BEINSTEGUI | PRINCIPAL Officer | 40 | $87,776 | $27,211 |
| ROXANA CUELLO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DIEGO CUTRERA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| BARBARA THARP | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| YAJAIRA IVETH LOPEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CLAUDIA RUIZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CAROLINA MARTINEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3920 STONEY BROOK DR, HOUSTON, TX 77063-6406
- In care of
- % FERNANDO DONATTI
- Principal officer (990 for 2024)
- PATRICIA BEISTEGUI, 3920 STONEY BROOK DRIVE, HOUSTON, TX 77063
- Signed the 990
- FERNANDA SOTO, ASSISTANT SUPERINTENDENT
- Phone
- (713) 706-3729
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
DRAW ACADEMY IS A TEXAS EDUCATION AGENCY OPEN ENROLLMENT CHARTER SCHOOL SERVING STUDENTS FROM PRE-KINDERGARTEN (3 YEARS OLD) TO EIGHTH GRADE STUDENTS AS A PUBLIC ELEMENTARY AND MIDDLE SCHOOL.
Program accomplishments
- DRAW ACADEMY IS A TEXAS EDUCATION AGENCY OPEN ENROLLMENT CHARTER SCHOOL SERVING STUDENTS FROM PRE-KINDERGARDEN (3 YEARS OLD) TO EIGHTH GRADE STUDENTS AS A PUBLIC ELEMENTARY AND MIDDLE SCHOOL.Expenses $9,052,550 · revenue $7,668,616
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
- 76-0680496
- 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
- 2001
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $6,227,545
- Income (IRS master file)
- $10,052,128
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | – | – | – | IRS |
| 990 | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $10,835,954 | $10,678,338 | $9,507,411 | IRS |
| 990 | August 2022 | $10,027,350 | $9,464,560 | $4,055,605 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about DRAW ACADEMY INCORPORATED
- What is the EIN of DRAW ACADEMY INCORPORATED?
- The employer identification number (EIN) of DRAW ACADEMY INCORPORATED is 76-0680496.
- Is DRAW ACADEMY INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to DRAW ACADEMY INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DRAW ACADEMY INCORPORATED 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 DRAW ACADEMY INCORPORATED 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 DRAW ACADEMY INCORPORATED 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 DRAW ACADEMY INCORPORATED?
- The 990 for the year ended August 31, 2025 names PATRICIA BEISTEGUI.
- Who are the officers and directors of DRAW ACADEMY INCORPORATED?
- The 990 for the year ended August 31, 2025 lists 9 people; 4 received compensation from the organization, the highest $140,333 (FERNANDO DONATTI, ACADEMIC PROGRAM DIRECTOR).
- How much revenue does DRAW ACADEMY INCORPORATED have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $10,052,128, expenses of $11,168,946 and total assets of $6,227,545 at year end.
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