Better Business Bureau Report for
Chinquapin Preparatory School

Better Business Bureau Report issued May 2015
Better Business Bureau Report expires May 2016

This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...

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Charity Contact Information

Name: Chinquapin Preparatory School
Address: 2615 E. Wallisville Rd.
  Highlands, TX 77562-3152
Phone: 281-426-5551
Web Address:
Also known as:Chinquapin Preparatory School
Chinquapin School
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Better Business Bureau Comments

Formerly known as:The Chinquapin School

Year, State Incorporated: 1943, Texas
Affiliates: None
Stated Purpose: Chinquapin Preparatory was founded to provide a quality college preparatory education to able and motivate youth from low-income families in the Greater Houston area. Through a rigorous curriculum and an emphasis on community service and earning what one receives, Chinquapin aims to produce responsible, well-educated citizens who will become leading members of the community.

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Evaluation Conclusions


Chinquapin Preparatory School meets the 20 Standards for Charity Accountability.
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Chinquapin Preparatory School provides a college-preparatory education (grades 6-12) to able and motivated youth from low-income families in the Greater Houston area. Students are challenged academically, and every senior is accepted by at least one accredited 4-year college or university as a requirement of graduation. In addition to academic subjects, we offer art, video production, drama and computer skills at various grade levels. The students also compete in basketball, soccer, volleyball, and track, and each student is given opportunities to develop a sense of responsibility and leadership skills through the Student Leadership Committee, Chore-time crews, and athletics. The school offers a range of programs and activities to further promote personal, social, and cultural development such as: "Close Up", a trip to Washington D.C., where students can debate with other students, visit the White House and Congress; summer programs and travel; civic projects; cultural enrichment, and Life Skills that include communication, job interviewing, ethics, and manners. Currently, 150 students are enrolled at the Chinquapin School.

For the fiscal year ended June 30, 2014, Chinquapin Preparatory School's program expenses were:

Total Program Expenses: $
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Chief Executive : Laura Henry, Director

Chair of the Board: Gardner Dudley, President
Chair's Profession / Business Affiliation: Liquidity Services - President of Capital Assets Group

Board Size: 35

Paid Staff Size: 32

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising


Method(s) Used:

invitations to fund raising events, grant proposals, internet
Fund raising costs were 8% of related contributions. (Related contributions, which totaled $3,033,846, are donations received as a result of fund raising activities.)
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Tax Status


This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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The following information is based on Chinquapin Preparatory School's audited financial statements for the fiscal year ended June 30, 2014.

Source of Funds  
Contributions 2,644,848
Special events 355,707
Government grants revenue 101,933
Tuition and fees 83,848
Operating investment return, net 33,962
Cost of benefits provided to donors -68,642
Total Income $3,151,656


Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 9%  Administrative: 10% 

Total income $3,151,656
Program expenses $2,042,390
Fund raising expenses 236,823
Administrative expenses 239,716
Total expenses $2,518,929
Income in Excess of Expenses 632,727
Beginning net assets 15,691,424
Ending net assets 17,713,548
Total liabilities 66,531
Total assets $17,780,079

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The BBB has processed no customer complaints on this charity in its three year reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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