Overview
What is Pegasus Schools Inc?
Pegasus Schools Inc is a nonprofit organization situated in Lockhart, Texas, with an address at 896 Robin Ranch Road, ZIP code 78644. Their mission is dedicated to making a difference in the lives of abused, neglected, emotionally disturbed, and adjudicated boys, aged between 10 and 17. They offer comprehensive therapeutic milieus for these boys, providing them with essential care, room, and board. The organization, which employs 182 individuals, operates an on-site school governed by Trinity Charter Schools. By offering intervention and redirection, Pegasus Schools Inc aims to break the cycle of child abuse and strive for positive change in the lives of the boys they serve.
Official website here: www.pegasusschool.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Pegasus Schools Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in the area of Accountability & Finance with a score of 81%. This rating indicates that the organization demonstrates a commitment to financial transparency and effective governance practices, which are critical for nonprofit accountability.
The organization boasts a strong independent board, with 60% of its members being independent, and has successfully implemented policies on conflicts of interest, whistleblower protections, and document retention. Furthermore, it exhibits a healthy liabilities to assets ratio of 9.71%, while allocating a significant portion of its budget—nearly 90%—to program expenses, ensuring that resources are directed toward its mission.
However, the overall score is calculated from a single beacon score, which could suggest a narrower focus on financial metrics without additional ratings for other operational aspects. Despite this limitation, the metrics available indicate that Pegasus Schools Inc is effectively managing its financial responsibilities and governance structures.
This AI summary has been generated from information found on Charity Navigator.
Is Pegasus Schools Inc legitimate?
Pegasus Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pegasus Schools Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,242,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,367,719
For more financial information, click here
Official website here: www.pegasusschool.net
What is the mission statement of Pegasus Schools Inc?
Pegasus Schools Inc is dedicated to interrupting the cycle of child abuse by offering a therapeutic environment for boys who have been abused, neglected, emotionally disturbed, or adjudicated. The organization provides comprehensive care for boys aged between 10 and 17. Through a nurturing and supportive milieu, Pegasus Schools aims to help these boys overcome their challenges and reach their full potential. The therapeutic approach administered by Trinity Charter Schools is designed to address the unique needs of each child, enabling them to heal and grow. Pegasus Schools has served 55,746 days of care to 283 boys, making a significant impact on their lives.
Official website here: www.pegasusschool.net
Who is the CEO of Pegasus Schools Inc?
Chris Moody is the CEO of Pegasus Schools Inc The CEO's salary of Pegasus Schools Inc is $156,552 and their total compensation is $157,158.
Official website here: www.pegasusschool.net
What is the revenue of Pegasus Schools Inc?
Pegasus Schools Inc's revenue in 2024 was $11,642,918.
Official website here: www.pegasusschool.net
Who are the executives of Pegasus Schools Inc and what are their salaries?
The average compensation at Pegasus Schools Inc during 2024 was $39,228. There are 194 employees at Pegasus Schools Inc.
Here are 16 key members and their salaries (Pegasus Schools Inc's CEO's salary is $156,552 and their total compensation is $157,158):
- Compensation: $146,986
- Related: $0
- Other: $19,401
- Compensation: $156,281
- Related: $0
- Other: $9,261
- Compensation: $156,552
- Related: $0
- Other: $606
- Compensation: $134,535
- Related: $0
- Other: $14,413
- Compensation: $140,870
- Related: $0
- Other: $3,107
- Compensation: $105,080
- Related: $0
- Other: $2,284
- Compensation: $95,584
- Related: $0
- Other: $1,750
- Compensation: $81,307
- Related: $0
- Other: $8,796
- Compensation: $86,655
- Related: $0
- Other: $2,142
- Compensation: $72,185
- Related: $0
- Other: $1,560
- Compensation: $66,556
- Related: $0
- Other: $1,750
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pegasusschool.net
Where can I find the form 990 for Pegasus Schools Inc?
Pegasus Schools Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pegasusschool.net
Learn more at the official website: www.pegasusschool.net
Mission Statement of Pegasus Schools Inc
Pegasus Schools Inc, a renowned nonprofit organization, is dedicated to interrupting the cycle of child abuse by offering intervention and redirection to abused, neglected, emotionally disturbed, and adjudicated boys between the ages of ten and seventeen. Through a comprehensive therapeutic milieu, Pegasus Schools provides these boys with the necessary care and support they need to heal and grow.
The mission of Pegasus Schools Inc is to create a nurturing environment where boys who have experienced trauma and adversity can find solace and begin their journey towards recovery. By offering room, board, and therapeutic care, Pegasus Schools aims to help these boys overcome the challenges they face and build a foundation for a brighter future.
The organization's commitment to providing comprehensive care extends beyond the basics of room and board. Pegasus Schools administers an on-site school through Trinity Charter Schools, ensuring that the boys receive a quality education while they are in care. This holistic approach allows the boys to focus on their academic growth alongside their emotional and psychological development. With a focus on healing and restoration, Pegasus Schools is making a difference in the lives of hundreds of boys each year, providing them with the tools and resources they need to break free from the cycle of abuse and build a better future for themselves.
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Impact
October, 2024
Pegasus Schools Inc has a significant impact on the lives of abused, neglected, emotionally disturbed, and adjudicated boys ages 10-17. By providing a supportive and therapeutic environment, the organization fosters healing and personal growth for these vulnerable youth. The comprehensive care offered includes room, board, and specialized therapeutic services designed to address the complex emotional and psychological needs of the boys in their care.
In the past, Pegasus Schools has provided over 55,746 days of care for 283 boys, demonstrating its commitment to creating a stable and nurturing space for young individuals facing serious life challenges. The on-site school, administered by Trinity Charter Schools, ensures that these boys have access to education in a setting that promotes both learning and personal development.
The mission of breaking the cycle of child abuse is at the heart of Pegasus Schools Inc's work. Through intervention and redirection, the organization plays a critical role in helping these boys redirect their life trajectories, equipping them with the skills and support needed to transition successfully into society. Their holistic approach not only addresses immediate needs but also lays the groundwork for long-term healing and resilience.
This information is meant to be a general summary of Pegasus Schools Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $11,527,654
- Gross Receipts: $11,642,918
Assets and Liabilities:
- Total Assets: $5,287,830
- Total Liabilities: $513,449
- Net Assets: $4,774,381
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$10,488,454
Tx Dept of Ag - Child Nutrition
Revenue
$332,945
Counseling
Revenue
$322,529
Charter School
Revenue
$375,486
Commodities
Revenue
$8,240
Organization Details
Founding Year
1990
Principal Officer
Chris Moody
Website
www.pegasusschool.netNTEE Category
Code: P34B - Human services
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