Civic Intelligence

Richard Milburn Academy of Florida Inc.

990 • Fiscal year 2022 • EIN 04-3513332

Jul 01, 2021 to Jun 30, 2022 • Filed on May 02, 2023

Organization ProfileWWW.RMAFLORIDA.ORG
1031 Mason AvenueDaytona Beach, FL 32117

(386) 304-0086

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.25x

Higher debt load relative to assets than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.15x

Higher debt load relative to revenue than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

72nd percentile

22%

Higher net margin than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

95th percentile

124%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

47%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,512,832

Up $1,391,268 (+124%) from 2021

Net Assets

Up

$1,875,453

Up $901,882 (+93%) from 2021

Liabilities

Up

$637,379

Up $489,386 (+331%) from 2021

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin72nd percentile

Revenue

Up

$4,169,124

Up $1,324,397 (+47%) from 2021

Expenses

Up

$3,267,242

Up $503,155 (+18%) from 2021

Net Income

Up

$901,882

Up $821,242 (+1018%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $1,321,482Liabilities 2012: $1,766,609Net Assets 2012: -$445,1272012Assets 2013: $214,020Liabilities 2013: $1,791,632Net Assets 2013: -$1,577,6122013Assets 2014: $513,172Liabilities 2014: $158,908Net Assets 2014: $354,2642014Assets 2015: $421,010Liabilities 2015: $149,628Net Assets 2015: $271,3822015Assets 2016: $598,345Liabilities 2016: $139,651Net Assets 2016: $458,6942016Assets 2017: $419,810Liabilities 2017: $108,875Net Assets 2017: $310,9352017Assets 2018: $701,163Liabilities 2018: $130,236Net Assets 2018: $570,9272018Assets 2019: $990,384Liabilities 2019: $253,939Net Assets 2019: $736,4452019Assets 2020: $907,505Liabilities 2020: $139,587Net Assets 2020: $767,9182020Assets 2021: $1,121,564Liabilities 2021: $147,993Net Assets 2021: $973,5712021Assets 2022: $2,512,832Liabilities 2022: $637,379Net Assets 2022: $1,875,4532022Assets 2023: $3,028,985Liabilities 2023: $609,611Net Assets 2023: $2,419,3742023Assets 2024: $4,721,422Liabilities 2024: $1,522,101Net Assets 2024: $3,199,3212024

Highlighted filing

2022

Assets$2,512,832
Liabilities$637,379
Net Assets$1,875,453
Open 2022 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $5,451,284Expenses 2012: $6,821,336Net Income 2012: -$1,370,0522012Revenue 2013: $2,733,614Expenses 2013: $3,302,074Net Income 2013: -$568,4602013Revenue 2014: $3,107,273Expenses 2014: $2,676,716Net Income 2014: $430,5572014Revenue 2015: $2,723,212Expenses 2015: $2,806,094Net Income 2015: -$82,8822015Revenue 2016: $2,524,896Expenses 2016: $2,337,584Net Income 2016: $187,3122016Revenue 2017: $1,885,106Expenses 2017: $2,026,210Net Income 2017: -$141,1042017Revenue 2018: $2,168,145Expenses 2018: $1,908,153Net Income 2018: $259,9922018Revenue 2019: $2,392,885Expenses 2019: $2,227,367Net Income 2019: $165,5182019Revenue 2020: $2,249,310Expenses 2020: $2,217,837Net Income 2020: $31,4732020Revenue 2021: $2,844,727Expenses 2021: $2,764,087Net Income 2021: $80,6402021Revenue 2022: $4,169,124Expenses 2022: $3,267,242Net Income 2022: $901,8822022Revenue 2023: $5,511,029Expenses 2023: $4,967,108Net Income 2023: $543,9212023Revenue 2024: $8,793,054Expenses 2024: $8,013,107Net Income 2024: $779,9472024

Highlighted filing

2022

Revenue$4,169,124
Expenses$3,267,242
Net Income$901,882
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 2, 2023
Return Version
2021v4.0
Gross Receipts
$4,169,124
Mission and Program Overview

Mission

Richard milburn academy of florida, inc. Operates a public high school that offer students the opportunity to get back on track, improve grades, be promoted to the next grade level, and earn their diploma in a nontraditional learning environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,094,254$1,695,775▲ $601,521
Rtn Earn Endowment Incm Other Fnds$973,571$1,568,512▲ $594,941
Land, Buildings, and Equipment, Net$10,420$306,941▲ $296,521
Pd in Cap Srpls Land Bldg Eqp Fund-$306,941-
Prepaid Expenses and Deferred Charges-$35,646-
Accounts Receivable$3,664$17,300▲ $13,636
Total Assets$1,121,564$2,512,832▲ $1,391,268
Other Assets Total$13,226$457,170▲ $443,944
Liabilities
Other Liabilities-$458,206-
Accounts Payable and Accrued Expenses$147,993$179,173▲ $31,180
Total Liabilities$147,993$637,379▲ $489,386
Net Assets / Fund Balance
Total Net Assets Fund Balance$973,571$1,875,453▲ $901,882
Total Liabilities and Net Assets / Fund Balance$1,121,564$2,512,832▲ $1,391,268

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$32,646$2,332-
Equipment$274,295$84,707-
Leasehold Improvements-$35,839-
Other Assets Org$457,170--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Edson GrahamChairman
Ashley KellyBoard Member
Cathy EgleyBoard Member
Nichol WardBoard Member
Sam SmithBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$381,321
Program Service Revenue
$3,746,078
Investment Income
$0
Other Revenue
$41,725
Change in Net Assets
$901,882

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,169,124
Total Revenue per Audited Statements
$4,169,124
Total Revenue per Form 990
$4,169,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,261,959
Other Expenses$1,005,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,356,908$63,507-$1,420,415
Payroll Taxes$455,699$96,824-$552,523
Occupancy$280,245$70,061-$350,306
Other Employee Benefits$225,744$16,829-$242,573
Fees for Services Management$83,736--$83,736
Pension Plan Contributions$37,158$9,290-$46,448
Insurance$42,079$2,949-$45,028
Depreciation Depletion$36,957$1,021-$37,978
Other Expenses$23,581$3,262-$23,581
All Other Expenses$17,376$3,572-$20,948
Interest$15,015$3,754-$18,769
Travel$14,649$3,662-$18,311
Total Functional Expenses$2,965,837$301,405$0$3,267,242

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,267,242
Total Expenses per Audited Statements$3,267,242
Total Expenses per Form 990$3,267,242
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Payable$458,206
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The president, cfo, hr and controller review from 990 prior to filing. A copy of form 990 is provided to all board memebers before filing with internal revenue service.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to report conflicts of interest as they become apparent.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Richard Milburn Academy of Florida
EIN
04-3513332
Address
1031 MASON AVENUE, DAYTONA BEACH, FL 32117

Signing Officer

Name
Sam Smith
Title
Board Member
Signed
2023-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Smith
Formed
1999
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
23

Preparer

Firm
Mccrady & Associates Pllc
Address
107 WATER OAK LN, ALTAMONTE SPRINGS, FL 32714
Preparer
Stacy Mccrady
Phone
4079604429
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Richard milburn academy of florida, inc. Operates a public high school that offer students the opportunity to get back on track, improve grades, be promoted to the next grade level, and earn their diploma in a nontraditional learning environment.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school qualifies as a tax-exempt organization under internal revenue code section 501(c)(3), and is therefore, exempt from income taxes. Accordingly, no tax provision has been made in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related notes to the financial statements. The school's income tax returns for the past three tax years are subject to examination by tax authorities, and may change upon examination.”

Raw XML AppendixShowing 400 of 421 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0147993
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0179173
IRS990/AccountsReceivableGrp/BOYAmt03664
IRS990/AccountsReceivableGrp/EOYAmt017300
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0RICHARD MILBURN ACADEMY OF FLORIDA, INC. OPERATES A PUBLIC HIGH SCHOOL THAT OFFER STUDENTS THE OPPORTUNITY TO GET BACK ON TRACK, IMPROVE GRADES, BE PROMOTED TO THE NEXT GRADE LEVEL, AND EARN THEIR DIPLOMA IN A NONTRADITIONAL LEARNING ENVIRONMENT.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03572
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017376
IRS990/AllOtherExpensesGrp/TotalAmt020948
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ART SANDS
IRS990/BooksInCareOfDetail/PhoneNum03863040086
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01031 MASON AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DAYTONA BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032117
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01094254
IRS990/CashNonInterestBearingGrp/EOYAmt01695775
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0381321
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01005283
IRS990/CYOtherRevenueAmt041725
IRS990/CYProgramServiceRevenueAmt03746078
IRS990/CYRevenuesLessExpensesAmt0901882
IRS990/CYSalariesCompEmpBnftPaidAmt02261959
IRS990/CYTotalExpensesAmt03267242
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04169124
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01021
IRS990/DepreciationDepletionGrp/ProgramServicesAmt036957
IRS990/DepreciationDepletionGrp/TotalAmt037978
IRS990/Desc0THE ACADEMY PROVIDES EDUCATIONAL SERVICES TO STUDENTS IN GRADES 9-12 WHO ARE AT RISK OF DROPPING OUT OF THE PUBLIC SCHOOL SYSTEM PRIOR TO GRADUATION. A TOTAL OF 500 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDING JUNE 30, 2021.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02965837
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt083736
IRS990/FeesForServicesManagementGrp/TotalAmt083736
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CATHY EGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1EDSON GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2ASHLEY KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm3SAM SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4NICHOL WARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0381321
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04169124
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02949
IRS990/InsuranceGrp/ProgramServicesAmt042079
IRS990/InsuranceGrp/TotalAmt045028
IRS990/InterestGrp/ManagementAndGeneralAmt03754
IRS990/InterestGrp/ProgramServicesAmt015015
IRS990/InterestGrp/TotalAmt018769
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0122878
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010420
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0306941
IRS990/LandBldgEquipCostOrOtherBssAmt0429819
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RICHARD MILBURN ACADEMY OF FLORIDA, INC. OPERATES A PUBLIC HIGH SCHOOL THAT OFFER STUDENTS THE OPPORTUNITY TO GET BACK ON TRACK, IMPROVE GRADES, BE PROMOTED TO THE NEXT GRADE LEVEL, AND EARN THEIR DIPLOMA IN A NONTRADITIONAL LEARNING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0973571
IRS990/NetAssetsOrFundBalancesEOYAmt01875453
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt070061
IRS990/OccupancyGrp/ProgramServicesAmt0280245
IRS990/OccupancyGrp/TotalAmt0350306
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013226
IRS990/OtherAssetsTotalGrp/EOYAmt0457170
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016829
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0225744
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0242573
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3SOFTWARE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026674
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13262
IRS990/OtherExpensesGrp/ProgramServicesAmt0134162
IRS990/OtherExpensesGrp/ProgramServicesAmt1125501
IRS990/OtherExpensesGrp/ProgramServicesAmt2117027
IRS990/OtherExpensesGrp/ProgramServicesAmt323581
IRS990/OtherExpensesGrp/TotalAmt0160836
IRS990/OtherExpensesGrp/TotalAmt1125501
IRS990/OtherExpensesGrp/TotalAmt2120289
IRS990/OtherExpensesGrp/TotalAmt323581
IRS990/OtherLiabilitiesGrp/EOYAmt0458206
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt041725
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt041725
IRS990/OtherRevenueTotalAmt041725
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt063507
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01356908
IRS990/OtherSalariesAndWagesGrp/TotalAmt01420415
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt096824
IRS990/PayrollTaxesGrp/ProgramServicesAmt0455699
IRS990/PayrollTaxesGrp/TotalAmt0552523
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0306941
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09290
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037158
IRS990/PensionPlanContributionsGrp/TotalAmt046448
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035646
IRS990/PrincipalOfficerNm0SAM SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEFP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03746078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03746078
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt076965
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01078189
IRS990/PYProgramServiceRevenueAmt02767762
IRS990/PYRevenuesLessExpensesAmt080640
IRS990/PYSalariesCompEmpBnftPaidAmt01685898
IRS990/PYTotalExpensesAmt02764087
IRS990/PYTotalRevenueAmt02844727
IRS990/ReconcilationRevenueExpnssAmt0901882
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04169124
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0973571
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01568512
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0381321
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt076965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt076966
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt052959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0596071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03787803
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02767762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02172344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02339926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02160285
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt013228120
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt013824191
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04169124
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02844727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02249310
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02392885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02168145
IRS990ScheduleA/Total509Grp/TotalAmt013824191
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04169124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02844727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02249310
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02392885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02168145
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013824191
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0274295
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084707
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0359002
IRS990ScheduleD/ExpensesSubtotalAmt03267242
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035839
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt035839
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0457170
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT TO USE ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032646
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02332
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt034978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0458206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt04169124
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS THEREFORE, EXEMPT FROM INCOME TAXES. ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, NO UNCERTAIN TAX POSITIONS HAVE BEEN MADE REQUIRING DISCLOSURE IN THE RELATED NOTES TO THE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE TAX YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0306941
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0457170
IRS990ScheduleD/TotalExpensesPerForm990Amt03267242
IRS990ScheduleD/TotalLiabilityAmt0458206
IRS990ScheduleD/TotalRevenuePerForm990Amt04169124
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04169124
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03267242
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONPUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, LOCAL NEIGHBORHOOD EVENTS, NEWSLETTERS, OPEN HOUSE AND VIDEOS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RICHARD MILBURN ACADEMY OF FLORIDA, INC. OPERATES A PUBLIC HIGH SCHOOL THAT OFFER STUDENTS THE OPPORTUNITY TO GET BACK ON TRACK, IMPROVE GRADES, BE PROMOTED TO THE NEXT GRADE LEVEL, AND EARN THEIR DIPLOMA IN A NONTRADITIONAL LEARNING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT, CFO, HR AND CONTROLLER REVIEW FROM 990 PRIOR TO FILING. A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMEBERS BEFORE FILING WITH INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REPORT CONFLICTS OF INTEREST AS THEY BECOME APPARENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0VOLUSIA COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SPONSOR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 2118
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032720
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01121564
IRS990/TotalAssetsEOYAmt02512832
IRS990/TotalAssetsGrp/BOYAmt01121564
IRS990/TotalAssetsGrp/EOYAmt02512832
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0381321
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0301405
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02965837
IRS990/TotalFunctionalExpensesGrp/TotalAmt03267242
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0147993
IRS990/TotalLiabilitiesEOYAmt0637379
IRS990/TotalLiabilitiesGrp/BOYAmt0147993
IRS990/TotalLiabilitiesGrp/EOYAmt0637379
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0973571
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01875453
IRS990/TotalProgramServiceExpensesAmt02965837
IRS990/TotalProgramServiceRevenueAmt03746078
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03787803
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04169124
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01121564
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02512832
IRS990/TravelGrp/ManagementAndGeneralAmt03662
IRS990/TravelGrp/ProgramServicesAmt014649
IRS990/TravelGrp/TotalAmt018311
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01409 PALISADES LANE
IRS990/USAddress/CityNm0DELAND
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032724
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.RMAFLORIDA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RICHARD MILBURN ACADEMY OF FLORIDA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0RICH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,512,832
Liabilities
$637,379
Net assets
$1,875,453
Revenue
$4,169,124
Expenses
$3,267,242
Net income
$901,882
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.72$1.52$3.20$8.79$8.01$0.78
2023Detailed filing. Detailed filing data is available for this year.$3.03$0.61$2.42$5.51$4.97$0.54
2022Detailed filing. Detailed filing data is available for this year.$2.51$0.64$1.88$4.17$3.27$0.90
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.15$0.97$2.84$2.76$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.14$0.77$2.25$2.22$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.25$0.74$2.39$2.23$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.13$0.57$2.17$1.91$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.11$0.31$1.89$2.03$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.14$0.46$2.52$2.34$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.15$0.27$2.72$2.81$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.16$0.35$3.11$2.68$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$1.79$1.58$2.73$3.30$0.57
2012Summary only. Only limited summary data is available for this year.$1.32$1.77$0.45$5.45$6.82$1.37