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Texas School Venture Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813674046 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Texas School Venture Fund?

The Texas School Venture Fund is a nonprofit organization situated in Houston, Texas. Its primary purpose is to support the establishment and growth of new community-based charter schools, particularly within the initial six years of their existence. This includes the launch of a new high school and an adult education training school. The organization's mission is to boost the variety and quality of educational options in areas where families seek more choices, eventually reaching a point where an adequate range of high-quality schools is available. The Texas School Venture Fund plays a crucial role in expanding educational opportunities for local communities.


Official website here: www.txsvf.org

Is Texas School Venture Fund legitimate?

Texas School Venture Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas School Venture Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.txsvf.org

What is the mission statement of Texas School Venture Fund?

The Texas School Venture Fund's mission, as stated, is aimed at enhancing the availability and diversity of high-quality schools in communities where families seek more educational options. Specifically, their goal is to increase the supply of excellent schools, ultimately reaching a point where there is an adequate selection of quality and varied educational choices. To accomplish this, they provide initial support to newly established community-based charter schools during their growth phase, extending aid to new high schools and adult education training facilities over a period of six years.


Official website here: www.txsvf.org

Who is the CEO of Texas School Venture Fund?

Mike Feinberg is the Chair of Texas School Venture Fund.


Official website here: www.txsvf.org

What is the revenue of Texas School Venture Fund?

Texas School Venture Fund's revenue in 2022 was $452,488.


Official website here: www.txsvf.org

Who are the executives of Texas School Venture Fund and what are their salaries?


Here are 4 key members and their salaries:


Leo Linbeck Iii (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Feinberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Fuller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karol Musher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.txsvf.org

Where can I find the form 990 for Texas School Venture Fund?

Texas School Venture Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.txsvf.org

Learn more at the official website: www.txsvf.org

Mission Statement of Texas School Venture Fund

The Texas School Venture Fund is committed to a mission of increasing the availability and diversity of high-quality educational options in communities where families seek more choices. Their goal is to reach a point where a sufficient number of excellent and varied schools exist, thereby benefiting these communities.

In order to accomplish this mission, the Texas School Venture Fund provides crucial support to new, community-based charter schools as they grow to full capacity over a six-year period. This assistance encompasses various aspects, including the launch of a new high school and an adult education training facility. By aiding these schools during their formative stages, the Texas School Venture Fund contributes to the expansion of educational options within the community, ultimately empowering families to choose the best fit for their children's education.

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Impact




October, 2024

The Texas School Venture Fund significantly impacts education in Texas by facilitating the establishment and growth of new community-based charter schools. It provides essential startup support to these schools during their crucial early years, helping them develop into fully functional institutions within six years. This support extends to various educational offerings, including new high schools and adult education training programs, ultimately enhancing the diversity and quality of school options available to families. By focusing on under-served communities, the Fund aims to expand the educational landscape, giving families more choices and contributing to a robust and diverse education system in Houston and beyond.




This information is meant to be a general summary of Texas School Venture Fund. 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.

Revenue
$452,488 (2022)
Expenses
$461,938 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,936
  • Program Service Revenue: $117,551
  • Gross Receipts: $452,488

Assets and Liabilities:

  • Total Assets: $623,755
  • Total Liabilities: $151,256
  • Net Assets: $472,499

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Consulting Revenue

Revenue

$117,551

Organization Details

Founding Year

2018

Principal Officer

Mike Feinberg

Main Address

3900 Essex Lane NO 1200, Houston, TX, 77027

NTEE Category

Code: B90 - Education

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