NonprofitsPrecious Stones Academy Inc

Religion-Related

Precious Stones Academy Inc

HOUSTON, TX

Total revenue

$246K

Total expenses

$337K

Net assets

$1.1M

Grants received

$80K

2 grants

EIN

463383748

Tax year

2024

Mission

Empower community by educating children

Programs

3 programs

The computer lab continues to be a success in our center and growing in usage and comprehension.

Expenses: $63K

Psa inc continues to serve children in the afterschool program. We offer tutoring/homework assistance, physical play and other creative activities. During the summer portion of our program, our safety plan included partnering with various companies to provide on-site activities and engagement. Summer 2024 was enhanced with a contract summer teacher to provide educational continuance while keeping children engaged.

Expenses: $63K

Precious stones academy was the first center selected for the harris county early reach program in 2023. This program better prepares 0-4 year olds for school while parents tuition was fully covered. Staff wages were increased to $15.00 per hour, almost double the minimum wage in texas. Through the benefits received in this program, several amenities were improved such as, our playground, toddler picnic area and playground. We also were able to support our teachers by expanding their child care creditials.

Expenses: $32K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$238K
Investment income$7K
Other revenue
Total revenue$246K

Expenses

Grants paid
Salaries & benefits$232K
Fundraising
Other expenses$105K
Total expenses$337K
Total assets$1.1M
Net assets$1.1M

People

3 listed

NameRoleCompensation

ANETTA PARKER

SECRETARY

Board

$73K

40 hrs/wk

LIONEL PARKER Jr

PRESIDENT

Board

$41K

30 hrs/wk

CLINT DOUGLAS

TREASURER

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$63K
Humanitrian Activity
2019
$18K
Hurricane Harvey Relief
2018

Funded by

$80K from 2 funders · 2 grants · 2018–2019

Save The Children Federation Inc

$63K · 1 grant · 2019

Collaborative for Children

$18K · 1 grant · 2018

Details

EIN463383748
NTEE codeX20
Subsection03
Ruling date2016-09
Formed2013
Employees18
PRECIOUS STONES ACADEMY INC — Mission, Financials & Grants Received | Grantivo