EIN 46-3383748

Precious Stones Academy

IRS 501(c) type
501(c)(3)
Num. employees
13
State
Year formed
2013
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Precious Stones Academy empowers the community by educating children. PSA Inc provides afterschool programs to 15 children, offering tutoring/homework assistance, physical play and other creative activities. In the summer, the program partners with various companies to provide onsite safety measures. The read by five program continues to be successful and impactful addition, with recent evaluations reflecting that children entering school are reading at a first-grade level.
Total revenues
$972,713
2023
Total expenses
$455,559
2023
Total assets
$1,178,686
2023
Num. employees
13
2023

Program areas at Precious Stones Academy

Our read by five program continues to be successful and an impactufl add to our program. Our most recent evaluation reflected that children going entering school are reading at a first grade level
The computer lab continues to be a success in our center and growing in usage and comprehension.
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 2023 was enhanced with a contract summer teacher to provide educational continuance while keeping children engaged.
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.

Personnel at Precious Stones Academy

NameTitleCompensation
Lionel Parker OfficerPresident
Anetta ParkerSecretary$0
Clint DouglasTreasurer$0

Financials for Precious Stones Academy

RevenuesFYE 12/2023
Total grants, contributions, etc.$355,513
Program services$614,837
Investment income and dividends$2,363
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$972,713

Form 990s for Precious Stones Academy

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-24990View PDF
2022-122023-11-16990View PDF
2021-122022-11-15990View PDF
2020-122021-04-15990EZView PDF
2019-122021-05-06990EZView PDF
...and 4 more Form 990s

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Cullman Christian SchoolCullman, AL$1,232,328
Coastal Christian Academy / Coastal Christian Ministries IncSan Diego, CA$693,715
Zion Baptist AcademyMarietta, GA$904,575
Legacy Education GroupMesa, AZ$2,460,687
The Heritage SchoolSalem, OR$377,962
Firm Foundations Academy North WestSherwood, OR$568,037
Third Street Education CenterGreenville, NC$1,255,742
Heritage Christian SchoolGillette, WY$264,030
Racine Society for Christian InstructionRacine, WI$1,848,192
Heritage Christian School of San DiegoSan Diego, CA$469,094
Data update history
May 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 11, 2022
Posted financials
Added Form 990EZ for fiscal year 2020
August 2, 2022
Posted financials
Added Form 990EZ for fiscal year 2019
Nonprofit Types
K-12 schoolsCharities
Issues
EducationReligion
Characteristics
ReligiousChristianPartially liquidatedReceives government fundingTax deductible donationsAccepts online donations
General information
Address
7518 E Mount Houston Rd
Houston, TX 77050
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
preciousstonesacad.com/ 
IRS details
EIN
46-3383748
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X20: Christian
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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