Civic Intelligence

The Florida Charter Educational Foundation Inc

990 • Fiscal year 2018 • EIN 31-1748540

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 30, 2019

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

90th percentile

0.94x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

1.51x

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

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

23rd percentile

-2.5%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

39th percentile

0.7%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

14%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$99,650,245

Up $659,235 (+0.7%) from 2017

Net Assets

Down

$5,746,143

Down $1,565,887 (-21%) from 2017

Liabilities

Up

$93,904,102

Up $2,225,122 (+2.4%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin23rd percentile

Revenue

Up

$62,274,343

Up $7,633,252 (+14%) from 2017

Expenses

Up

$63,847,279

Up $8,548,330 (+15%) from 2017

Net Income

Down

-$1,572,936

Down $915,078 (-139%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth39th 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

2018

Assets$99,650,245
Liabilities$93,904,102
Net Assets$5,746,143
Open 2018 Filing

Operations Trend

Revenue Growth72nd 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

2018

Revenue$62,274,343
Expenses$63,847,279
Net Income-$1,572,936
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 30, 2019
Return Version
2017v2.3
Gross Receipts
$68,909,727
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$69,803,938$70,035,026▲ $231,088
Cash and Non-Interest-Bearing Accounts$16,695,027$15,254,040▼ $1,440,987
Savings and Temporary Cash Investments$11,403,948$10,673,633▼ $730,315
Other Notes and Loans Receivable, Net-$1,500,000-
Prepaid Expenses and Deferred Charges$244,634$389,896▲ $145,262
Total Assets$98,991,010$99,650,245▲ $659,235
Other Assets Total$843,463$1,797,650▲ $954,187
Liabilities
Tax Exempt Bond Liabilities$80,873,329$80,895,202▲ $21,873
Other Liabilities$7,330,013$7,888,908▲ $558,895
Accounts Payable and Accrued Expenses$2,775,638$4,085,687▲ $1,310,049
Mortgage Notes Payable Secured by Investment Property$700,000$1,015,000▲ $315,000
Deferred Revenue-$19,305-
Total Liabilities$91,678,980$93,904,102▲ $2,225,122
Net Assets / Fund Balance
Unrestricted Net Assets$7,312,030$5,746,143▼ $1,565,887
Total Net Assets Fund Balance$7,312,030$5,746,143▼ $1,565,887
Total Liabilities and Net Assets / Fund Balance$98,991,010$99,650,245▲ $659,235

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$64,744,956$6,576,471$71,321,427
Equipment$4,190,783$7,769,867$11,960,650
Leasehold Improvements$1,099,287$886,759$1,986,046
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 Development LLCRent800 CORPORATE DRIVE STE 124, Fort Lauderdale, FL 33334$952,491
Revenue and Support

Revenue Composition

Contributions and Grants
$6,364,666
Program Service Revenue
$55,784,651
Investment Income
$109,154
Other Revenue
$15,872
All Other Contributions
$1,845,135
Change in Net Assets
$-1,572,936

Audited Revenue Reconciliation

Revenue per Audited Statements
$60,618,925
Revenue Not Reported on Financial Statements
$1,655,418
Revenue Not Reported on Form 990
$7,049
Other Revenue Adjustments
$1,655,418
Total Revenue per Audited Statements
$60,625,974
Total Revenue per Form 990
$62,274,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,669,023
Salaries, Compensation, and Employee Benefits$29,178,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$22,519,599$2,790,449-$25,310,048
Interest-$6,582,825-$6,582,825
Occupancy$3,955,903--$3,955,903
Depreciation Depletion-$3,524,709-$3,524,709
All Other Expenses$3,003,643$79,480-$3,083,123
Payroll Taxes$1,856,433$209,293-$2,065,726
Other Expenses$1,907,501$3,324,356-$1,907,501
Other Employee Benefits$1,498,091$229,102-$1,727,193
Information Technology$760,809--$760,809
Fees for Services Other$614,888--$614,888
Insurance$230,297$348,023-$578,320
Advertising$225,431--$225,431
Travel$18,383$106,371-$124,754
Fees for Services Accounting-$98,345-$98,345
Office Expenses-$94,795-$94,795
Pension Plan Contributions$63,998$11,291-$75,289
Fees for Services Legal-$71,618-$71,618
Total Functional Expenses$38,674,988$25,172,291$0$63,847,279

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$63,847,279
Expenses per Audited Statements$62,191,861
Total Expenses per Audited Statements$62,191,861
Expenses Not Reported on Financial Statements$1,655,418
Other Expense Adjustments$1,655,418
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$3,895,526
Due to Other Entities$1,939,137
Capital Lease$1,129,772
Custodial Funds$724,618
Compensated Absences$199,855

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
2019-04-30
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 1,655,418.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“School board fees refund 1,655,418.”

Raw XML AppendixShowing 400 of 588 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/OtherExpensesGrp/Desc2MATERIALS
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07701634
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13324356
IRS990/OtherExpensesGrp/ProgramServicesAmt02020012
IRS990/OtherExpensesGrp/ProgramServicesAmt11907501
IRS990/OtherExpensesGrp/TotalAmt07701634
IRS990/OtherExpensesGrp/TotalAmt13324356
IRS990/OtherExpensesGrp/TotalAmt22020012
IRS990/OtherExpensesGrp/TotalAmt31907501
IRS990/OtherLiabilitiesGrp/BOYAmt07330013
IRS990/OtherLiabilitiesGrp/EOYAmt07888908
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015872
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015872
IRS990/OtherRevenueTotalAmt015872
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02790449
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt022519599
IRS990/OtherSalariesAndWagesGrp/TotalAmt025310048
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01500000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0209293
IRS990/PayrollTaxesGrp/ProgramServicesAmt01856433
IRS990/PayrollTaxesGrp/TotalAmt02065726
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011291
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt063998
IRS990/PensionPlanContributionsGrp/TotalAmt075289
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0244634
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0389896
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/RelatedOrExemptFuncIncomeAmt054021036
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11474587
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2289028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054021036
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11474587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2289028
IRS990/ProgSrvcAccomActy2Grp/Desc0WINTHROP CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN HILLSBOROUGH COUNTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05628767
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09829660
IRS990/ProgSrvcAccomActy3Grp/Desc0HENDERSON HAMMOCK CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN TO EIGHTH GRADE IN HILLSBOROUGH COUNTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05121873
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt08454068
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/Desc3WATERSET CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN HILLSBOROUGH COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04542767
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt12894001
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt24214067
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt34078915
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05095701
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt13497055
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt27590387
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt36145767
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03857632
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0128398
IRS990/PYOtherExpensesAmt030656367
IRS990/PYOtherRevenueAmt027808
IRS990/PYProgramServiceRevenueAmt050627253
IRS990/PYRevenuesLessExpensesAmt0-657858
IRS990/PYSalariesCompEmpBnftPaidAmt024642582
IRS990/PYTotalExpensesAmt055298949
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt054641091
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1572936
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015187885
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011403948
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010673633
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt064744956
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06576471
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt071321427
IRS990ScheduleD/EquipmentGrp/BookValueAmt04190783
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07769867
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011960650
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01655418
IRS990ScheduleD/ExpensesSubtotalAmt062191861
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01099287
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0886759
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01986046
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07049
IRS990ScheduleD/OtherExpensesNotIncludedAmt01655418
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01939137
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13895526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21129772
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3199855
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4724618
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/OtherRevenuesNotIncludedAmt01655418
IRS990ScheduleD/RevenueNotReportedAmt07049
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01655418
IRS990ScheduleD/RevenueSubtotalAmt060618925
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SCHOOL BOARD FEES REFUND 1,655,418.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOOL BOARD FEES REFUND 1,655,418.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt070035026
IRS990ScheduleD/TotalExpensesPerForm990Amt063847279
IRS990ScheduleD/TotalLiabilityAmt07888908
IRS990ScheduleD/TotalRevenuePerForm990Amt062274343
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt060625974
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt062191861
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
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt1NOT APPLICABLE
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt2NOT APPLICABLE
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,650,245
Liabilities
$93,904,102
Net assets
$5,746,143
Revenue
$62,274,343
Expenses
$63,847,279
Net income
-$1,572,936
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
2018Detailed filing. Detailed filing data is available for this year.$99.7$93.9$5.75$62.3$63.8$1.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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