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Idea Public Schools

Public charityFed auditsIRS 990
DBA: % THOMAS E TORKELSON
Other · WESLACO, TX · EIN 74-2948339

About

IDEA Public Schools prepares students from underserved communities to be successful college students and responsible citizens by providing educational services to students. IDEA Public Schools serves students in grades Pre-Kindergarten through 12.

In care of Thomas E Torkelson

Donations are tax-deductible
Category
Other
Employees
13,893
Volunteers
2,540

Financial Snapshot

FY ending 2023-06-30
Revenue
$1.0B
Expenses
$965.9M
Assets
$1.9B
Liabilities
$1.5B

Financial history

$1.0B$501.0M$0
17181920212223
RevenueExpenses
Latest FY2023: $1.0B · Avg: $648.2M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$840K
IDEA PUBLIC SCHOOLS
Your actions

Address

2115 W PIKE BLVD
Weslaco, TX, 78596-005

Governance

Voting board members10
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %100.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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