Audit Update: Submitting Your Annual Financial Report

It’s Audit Time! In Today’s Tip, we’ll be discussing the steps you need to take to submit/upload your Annual Audit — also referred to as the Annual Financial Report (AFR). At CSS, we help review and assist in the completion and submission of the audit for our Charter School Success clients. On-time audits are required to Pass FIRST, … Read More

Updated State Aid Template available from TEA

The Charter School 2020-2021 State Aid Template is NOW AVAILABLE on the Texas Education Agency website! Over the last several months, Charter School Success has been working with our client charters to help develop their 2020-2021 budget, using the 2019-2020 State Aid Template information and calculations. Now that the 2020-2021 Estimate of State Aid Template … Read More

Time to file Form 990

Charters are required to file Form 990 every year, and your organization’s form is due on the 15th day of the fifth month after the end of the charter’s taxable year. There are two deadlines for filing this form depending on the fiscal year of the charter school.  For those charters beginning July 1, the deadline was November … Read More