Texas · Nonprofit
DEEP WATERS ACADEMY
DEEP WATERS ACADEMY (Texas) receives grants from 2 organizations whose IRS filings report $2,124 to it, the largest being SHELL USA COMPANY FOUNDATION ($2,000). 1 of them have funded it in more than one year.
- Revenue FY2026
- $479k
- Funders on record
- 2
- Grants received
- $2k
- Net assets
- $167k
What Deep Waters Academy does
Mission
We partner with families to guide students to learn to love what is good, true, and beautiful according to the gospel values of jesus christ.
As stated on its FY2026 Form 990.
Program
Deep Waters Academy (dwa) is a university-model school incorporated in the state of texas as of the fall 2020 with a primary purpose of education. For the fiscal year ending june 30, 2026, dwa had 100 students and 32 employees. The school contains students from grades kindergarten - ninth and provides instruction in the following subjects: math, reading & writing, english, history, science, music, and art. Dwa is a university-model school, meaning it meets twice per week on the main campus, located at 670 e medical center blvd in webster, tx, and three times per week at the satellite (home) campus. While on the main campus, students are instructed by qualified teachers whom undergo a background check and formal interview process. At home, the academic instruction will continue under the supervision of the childs parent(s) or guardian(s), creating a partnership between the school and family. Operating revenues and private donations fund 100% of the operating expenses such as: teacher/staff payroll, dues & subscriptions, facilities costs, curriculum and other expenses. Dwas purpose is to educate adolescent minds, teaching them to learn to love what is good, true, and beautiful.
$388,838 spent$472,584 earned by the program100% of program spending
The program described on its FY2026 Form 990. Program spending in total: $388,838.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2025 to 2026, from $90k to $167k (+84%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
21% of DEEP WATERS ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25 → $2k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of DEEP WATERS ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DEEP WATERS ACADEMY leans on a few funders — its largest provides 94% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2022 100% · 2023 95% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of DEEP WATERS ACADEMY's grant income comes from Texas funders.
Funder states come from each funder’s own filing. $124 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DEEP WATERS ACADEMY has grown faster than three-quarters of the 1,238 education nonprofits its size.
this organization peer median middle 50% of peers· 1,238 education nonprofits $100k–$1M, FY2026
Organizations like DEEP WATERS ACADEMY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for DEEP WATERS ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DEEP WATERS ACADEMY?
- DEEP WATERS ACADEMY (Texas) receives grants from 2 organizations whose IRS filings report $2,124 to it, the largest being SHELL USA COMPANY FOUNDATION ($2,000). 1 of them have funded it in more than one year.
- How many funders does DEEP WATERS ACADEMY have?
- IRS filings report 2 organizations giving $2,124 in grants to DEEP WATERS ACADEMY, 1 of which have funded it in more than one year.
- Who is the largest funder of DEEP WATERS ACADEMY?
- SHELL USA COMPANY FOUNDATION is the largest funder on record, with $2,000 in grants. The full list of funders is on this page.
- How can an organization like DEEP WATERS ACADEMY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Deep Waters Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2022–2026), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing