Civic Intelligence

The Florida Charter Educational Foundation Inc

990 • Fiscal year 2017 • EIN 31-1748540

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 12, 2018

Organization ProfileN/A
800 Corporate Drive No 124Ft Lauderdale, FL 33334

(954) 202-3500

Siviq Scores

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

Liabilities / Assets

89th percentile

0.93x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

1.68x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

28th percentile

-1.2%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

92nd percentile

34%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

20%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$98,991,010

Up $25,036,780 (+34%) from 2016

Net Assets

Down

$7,312,030

Down $709,342 (-8.8%) from 2016

Liabilities

Up

$91,678,980

Up $25,746,122 (+39%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin28th percentile

Revenue

Up

$54,641,091

Up $9,273,137 (+20%) from 2016

Expenses

Up

$55,298,949

Up $10,319,660 (+23%) from 2016

Net Income

Down

-$657,858

Down $1,046,523 (-269%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$300M$200M$100M$0-$100MAssets 2011: $7,239,934Liabilities 2011: $945,077Net Assets 2011: $6,294,8572011Assets 2012: $43,557,418Liabilities 2012: $37,175,407Net Assets 2012: $6,382,0112012Assets 2013: $44,206,308Liabilities 2013: $38,346,443Net Assets 2013: $5,859,8652013Assets 2014: $44,994,512Liabilities 2014: $37,845,798Net Assets 2014: $7,148,7142014Assets 2015: $59,418,244Liabilities 2015: $51,782,290Net Assets 2015: $7,635,9542015Assets 2016: $73,954,230Liabilities 2016: $65,932,858Net Assets 2016: $8,021,3722016Assets 2017: $98,991,010Liabilities 2017: $91,678,980Net Assets 2017: $7,312,0302017Assets 2018: $99,650,245Liabilities 2018: $93,904,102Net Assets 2018: $5,746,1432018Assets 2019: $121,050,428Liabilities 2019: $116,518,300Net Assets 2019: $4,532,1282019Assets 2020: $118,749,726Liabilities 2020: $115,141,056Net Assets 2020: $3,608,6702020Assets 2021: $156,543,730Liabilities 2021: $154,102,199Net Assets 2021: $2,441,5312021Assets 2022: $192,676,238Liabilities 2022: $195,517,237Net Assets 2022: -$2,840,9992022Assets 2023: $193,775,713Liabilities 2023: $200,642,378Net Assets 2023: -$6,866,6652023Assets 2024: $229,568,551Liabilities 2024: $232,379,466Net Assets 2024: -$2,810,9152024

Highlighted filing

2017

Assets$98,991,010
Liabilities$91,678,980
Net Assets$7,312,030
Open 2017 Filing

Operations Trend

Revenue Growth78th percentile

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

$150M$100M$50M$0-$50MExpenses 2011: $9,982,2712011Expenses 2012: $22,884,2602012Expenses 2013: $32,359,1652013Revenue 2014: $39,916,304Expenses 2014: $38,598,933Net Income 2014: $1,317,3712014Revenue 2015: $41,579,955Expenses 2015: $41,065,433Net Income 2015: $514,5222015Revenue 2016: $45,367,954Expenses 2016: $44,979,289Net Income 2016: $388,6652016Revenue 2017: $54,641,091Expenses 2017: $55,298,949Net Income 2017: -$657,8582017Revenue 2018: $62,274,343Expenses 2018: $63,847,279Net Income 2018: -$1,572,9362018Revenue 2019: $79,161,813Expenses 2019: $80,468,568Net Income 2019: -$1,306,7552019Revenue 2020: $82,304,577Expenses 2020: $83,268,454Net Income 2020: -$963,8772020Revenue 2021: $97,506,587Expenses 2021: $98,535,093Net Income 2021: -$1,028,5062021Revenue 2022: $102,486,077Expenses 2022: $106,601,589Net Income 2022: -$4,115,5122022Revenue 2023: $114,576,245Expenses 2023: $118,594,610Net Income 2023: -$4,018,3652023Revenue 2024: $142,458,690Expenses 2024: $138,402,940Net Income 2024: $4,055,7502024

Highlighted filing

2017

Revenue$54,641,091
Expenses$55,298,949
Net Income-$657,858
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 12, 2018
Return Version
2016v3.0
Gross Receipts
$54,644,150
Mission and Program Overview

Mission

The foundation operates clay charter academy located in clay county florida, keys gate charter school located in miami-dade county florida and henderson hammock charter school, winthrop charter school and woodmont charter school, located in hillsborough county florida.

The foundation operates clay charter academy, keys gate charter school, henderson hammock charter school, winthrop charter school, and woodmont charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$50,508,784$69,803,938▲ $19,295,154
Cash and Non-Interest-Bearing Accounts$14,382,498$16,695,027▲ $2,312,529
Savings and Temporary Cash Investments$6,548,188$11,403,948▲ $4,855,760
Prepaid Expenses and Deferred Charges$309,157$244,634▼ $64,523
Total Assets$73,954,230$98,991,010▲ $25,036,780
Other Assets Total$2,205,603$843,463▼ $1,362,140
Liabilities
Tax Exempt Bond Liabilities$43,036,756$80,873,329▲ $37,836,573
Other Liabilities$19,996,469$7,330,013▼ $12,666,456
Accounts Payable and Accrued Expenses$2,899,633$2,775,638▼ $123,995
Mortgage Notes Payable Secured by Investment Property-$700,000-
Total Liabilities$65,932,858$91,678,980▲ $25,746,122
Net Assets / Fund Balance
Unrestricted Net Assets$8,021,372$7,312,030▼ $709,342
Total Net Assets Fund Balance$8,021,372$7,312,030▼ $709,342
Total Liabilities and Net Assets / Fund Balance$73,954,230$98,991,010▲ $25,036,780

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$66,426,809$4,894,618$71,321,427
Equipment$2,980,258$6,206,708$9,186,966
Leasehold Improvements$396,871$607,062$1,003,933
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Rod JuradoChairman
Valora ColeVice Chair
Steve KnoblDirector
Roderick CunninghamTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Red Apple DevelopmentRent800 CORPORATE DRIVE, Fort Lauderdale, FL 33334$1,000,212
Connex 12 LLCIt Support800 CORPOARTE DRIVE STE 124, Fort Lauderdale, FL 33334$408,202
Speech Rehab Services LLCSpeech Therapy551 NW 77TH ST STE 111, Boca Raton, FL 33487$131,707
Town Management Company LLCRentPO BOX 2638, Brandon, FL 33509$102,960
Revenue and Support

Revenue Composition

Contributions and Grants
$3,857,632
Program Service Revenue
$50,627,253
Investment Income
$128,398
Other Revenue
$27,808
All Other Contributions
$1,256,057
Change in Net Assets
$-657,858

Audited Revenue Reconciliation

Revenue per Audited Statements
$53,096,798
Revenue Not Reported on Financial Statements
$1,544,293
Revenue Not Reported on Form 990
$-51,484
Other Revenue Adjustments
$1,544,293
Total Revenue per Audited Statements
$53,045,314
Total Revenue per Form 990
$54,641,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,656,367
Salaries, Compensation, and Employee Benefits$24,642,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,237,610$2,166,340-$21,403,950
Interest-$5,886,343-$5,886,343
Occupancy$4,003,787--$4,003,787
Depreciation Depletion-$3,112,109-$3,112,109
All Other Expenses$2,436,592$89,362-$2,525,954
Payroll Taxes$1,563,378$146,498-$1,709,876
Other Expenses$1,640,205$2,528,913-$1,640,205
Other Employee Benefits$1,339,672$189,084-$1,528,756
Insurance$211,995$415,638-$627,633
Information Technology$624,515--$624,515
Fees for Services Other$463,581--$463,581
Advertising$311,951--$311,951
Fees for Services Accounting-$85,524-$85,524
Travel$12,795$68,272-$81,067
Office Expenses-$72,384-$72,384
Fees for Services Legal-$41,558-$41,558
Total Functional Expenses$33,620,176$21,678,773$0$55,298,949

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$55,298,949
Expenses per Audited Statements$53,754,656
Total Expenses per Audited Statements$53,754,656
Expenses Not Reported on Financial Statements$1,544,293
Other Expense Adjustments$1,544,293
Expenses Not Reported on Form 990$0
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
Bonds Payable, Net of Unamortized Premium/discount$5,035,191
Due to Other Entities$865,210
Capital Lease$644,405
Custodial Funds$571,442
Compensated Absences$213,765

Bond Issues

BondIssuerIssuedIssue PricePurpose
CFlorida Development Finance Corporation2016-12-13$40,900,000Provide funds for acquisition, construction, & equipping charter schools
AFlorida Development Finance Corporation2011-11-30$30,045,000Provide funds for acquisition, construction, & equipping charter schools
BFlorida Development Finance Corporation2014-07-01$13,400,000Provide funds for acquisition, construction, & equipping charter schools

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$40,900,000--$1,119,026
A$13,400,000--$266,437
C----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The foundation hired a professional charter school management company to oversee the day to day operations of clay charter academy, keys gate charter school, henderson hammock charter school, winthrop charter school, and woodmont charter school.”

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 was provided to the board of directors by the foundation's independent accounting firm. It was reviewed and approved by the governing board prior to government submission.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is monitored during the annual audit. Board members are required to disclose any conflicts of interest that occured during the year under audit.”

Form 990, Part VI, Section C, Line 18

“The foundation makes its form 1023 and form 990 available upon request to the management company.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, conflicts of interest policy, and financial statements available upon request to the management company.”

Filing and Contact Details

Filer

Filer Name
The Florida Charter Educational
EIN
31-1748540
Phone
9542023500
Address
800 CORPORATE DRIVE NO 124, FT LAUDERDALE, FL 33334

Signing Officer

Name
Rod Jurado
Title
Chairman
Phone
9542023500
Signed
2018-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rod Jurado
Formed
2000
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
KEEFE MCCULLOUGH & CO LLP CPA'S
Address
6550 N FEDERAL HIGHWAY SUITE 410, FT LAUDERDALE, FL 33308
Preparer
William G Benson
Phone
9547710896
Supplemental Narrative

Additional Explanations

Form 990, Part XII, 2C

“The board of directors oversees the audit process. The process has not changed over the past year.”

Form 990, Part XII, 3B

“An audit as required as set forth in the single audit act was performed.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“School board fees refund 1,544,293.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“School board fees refund 1,544,293.”

Raw XML AppendixShowing 400 of 608 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.

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IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0700000
IRS990/NetAssetsOrFundBalancesBOYAmt08021372
IRS990/NetAssetsOrFundBalancesEOYAmt07312030
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3059
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3059
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-51484
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt04003787
IRS990/OccupancyGrp/TotalAmt04003787
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt072384
IRS990/OfficeExpensesGrp/TotalAmt072384
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02205603
IRS990/OtherAssetsTotalGrp/EOYAmt0843463
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0189084
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01339672
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01528756
IRS990/OtherExpensesGrp/Desc0SCHOOL ADMINISTRATION
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3CAFETERIA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06876748
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12528913
IRS990/OtherExpensesGrp/ProgramServicesAmt01774095
IRS990/OtherExpensesGrp/ProgramServicesAmt11640205
IRS990/OtherExpensesGrp/TotalAmt06876748
IRS990/OtherExpensesGrp/TotalAmt12528913
IRS990/OtherExpensesGrp/TotalAmt21774095
IRS990/OtherExpensesGrp/TotalAmt31640205
IRS990/OtherLiabilitiesGrp/BOYAmt019996469
IRS990/OtherLiabilitiesGrp/EOYAmt07330013
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02268
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025540
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027808
IRS990/OtherRevenueTotalAmt027808
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02166340
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019237610
IRS990/OtherSalariesAndWagesGrp/TotalAmt021403950
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0146498
IRS990/PayrollTaxesGrp/ProgramServicesAmt01563378
IRS990/PayrollTaxesGrp/TotalAmt01709876
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0309157
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0244634
IRS990/PrincipalOfficerNm0ROD JURADO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1BEFORE AND AFTER CARE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt048941122
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11323927
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2362204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt048941122
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11323927
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2362204
IRS990/ProgSrvcAccomActy2Grp/Desc0WINTHROP CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN HILLSBOROUGH COUNTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05662798
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09686932
IRS990/ProgSrvcAccomActy3Grp/Desc0HENDERSON HAMMOCK CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN TO EIGHTH GRADE IN HILLSBOROUGH COUNTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04881003
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt08326441
IRS990/ProgSrvcAccomActyOtherGrp/Desc0WOODMONT CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN THOUGH EIGHTH GRADE IN HILLSBOROUGH COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CLAY CHARTER ACADEMY PROVIDES EDUCATION SERVICES TO KINDERGARTEN TO EIGHTH GRADE IN CLAY COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2SOUTHSHORE CHARTER ACADEMY PROVIDES EDUCATION SERVICES TO KINDERGARTEN TO EIGHTH GRADE IN SOUTH SHORE COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04266272
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt12782964
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt24052630
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05739702
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt14236739
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt26176359
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02911376
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0175923
IRS990/PYOtherExpensesAmt024846856
IRS990/PYOtherRevenueAmt072132
IRS990/PYProgramServiceRevenueAmt042208523
IRS990/PYRevenuesLessExpensesAmt0388665
IRS990/PYSalariesCompEmpBnftPaidAmt020132433
IRS990/PYTotalExpensesAmt044979289
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt045367954
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-657858
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt016486620
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06548188
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011403948
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt066426809
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04894618
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt071321427
IRS990ScheduleD/EquipmentGrp/BookValueAmt02980258
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06206708
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09186966
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01544293
IRS990ScheduleD/ExpensesSubtotalAmt053754656
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0396871
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0607062
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01003933
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-51484
IRS990ScheduleD/OtherExpensesNotIncludedAmt01544293
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0865210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15035191
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2644405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3213765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4571442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO OTHER ENTITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BONDS PAYABLE, NET OF UNAMORTIZED PREMIUM/DISCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CAPITAL LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CUSTODIAL FUNDS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01544293
IRS990ScheduleD/RevenueNotReportedAmt0-51484
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01544293
IRS990ScheduleD/RevenueSubtotalAmt053096798
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHOOL BOARD FEES REFUND 1,544,293.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOOL BOARD FEES REFUND 1,544,293.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069803938
IRS990ScheduleD/TotalExpensesPerForm990Amt055298949
IRS990ScheduleD/TotalLiabilityAmt07330013
IRS990ScheduleD/TotalRevenuePerForm990Amt054641091
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt053045314
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt053754656
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER FLORIDA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUCEMENTS AND PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION RECEIVES COMPENSATION FOR SERVICES IN THE FORM OF AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERNMENTS, WHICH ALSO INCLUDES FUNDING FOR STUDENT ENROLLMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GICProviderName/BusinessNameLine1Txt0NOT APPLICABLE
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GICProviderName/BusinessNameLine1Txt1NOT APPLICABLE
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GICProviderName/BusinessNameLine1Txt2NOT APPLICABLE
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt0NOT APPLICABLE

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$98,991,010
Liabilities
$91,678,980
Net assets
$7,312,030
Revenue
$54,641,091
Expenses
$55,298,949
Net income
-$657,858
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$230$232$2.81$142$138$4.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$194$201$6.87$115$119$4.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$193$196$2.84$102$107$4.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$157$154$2.44$97.5$98.5$1.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$115$3.61$82.3$83.3$0.96
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$121$117$4.53$79.2$80.5$1.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$99.7$93.9$5.75$62.3$63.8$1.57
2017Detailed filing. Detailed filing data is available for this year.$99.0$91.7$7.31$54.6$55.3$0.66
2016Detailed filing. Detailed filing data is available for this year.$74.0$65.9$8.02$45.4$45.0$0.39
2015Detailed filing. Detailed filing data is available for this year.$59.4$51.8$7.64$41.6$41.1$0.51
2014Detailed filing. Detailed filing data is available for this year.$45.0$37.8$7.15$39.9$38.6$1.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.2$38.3$5.86$32.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.6$37.2$6.38$22.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$0.95$6.29$9.98