Civic Intelligence

Miami-Dade Foundation for Educational Innovation Inc

990 • Fiscal year 2017 • EIN 45-2690728

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 08, 2018

Organization ProfileWWW.AIECHARTERSCHOOL.ORG

View Organization Page

1080 Labaron DriveMiami Springs, FL 33166

(305) 883-3900

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.34x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

60th percentile

6.7%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$115,415

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

91st percentile

52%

Faster asset growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

19%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$1,686,571

Up $575,001 (+52%) from 2016

Net Assets

Up

$1,108,984

Up $245,893 (+28%) from 2016

Liabilities

Up

$577,587

Up $329,108 (+132%) from 2016

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin60th percentile

Revenue

Up

$3,661,168

Up $596,366 (+19%) from 2016

Expenses

Up

$3,415,275

Up $580,063 (+20%) from 2016

Net Income

Up

$245,893

Up $16,303 (+7.1%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$10M$5.0M$0Assets 2012: $69,975Liabilities 2012: $61,152Net Assets 2012: $8,8232012Assets 2013: $304,109Liabilities 2013: $155,393Net Assets 2013: $148,7162013Assets 2014: $673,808Liabilities 2014: $178,677Net Assets 2014: $495,1312014Assets 2015: $838,781Liabilities 2015: $205,280Net Assets 2015: $633,5012015Assets 2016: $1,111,570Liabilities 2016: $248,479Net Assets 2016: $863,0912016Assets 2017: $1,686,571Liabilities 2017: $577,587Net Assets 2017: $1,108,9842017Assets 2018: $1,907,502Liabilities 2018: $441,318Net Assets 2018: $1,466,1842018Assets 2019: $1,998,737Liabilities 2019: $414,060Net Assets 2019: $1,584,6772019Assets 2020: $2,838,494Liabilities 2020: $1,197,298Net Assets 2020: $1,641,1962020Assets 2021: $4,581,700Liabilities 2021: $1,054,084Net Assets 2021: $3,527,6162021Assets 2022: $5,769,688Liabilities 2022: $2,771,522Net Assets 2022: $2,998,1662022Assets 2023: $8,586,584Liabilities 2023: $4,109,486Net Assets 2023: $4,477,0982023

Highlighted filing

2017

Assets$1,686,571
Liabilities$577,587
Net Assets$1,108,984
Open 2017 Filing

Operations Trend

Revenue Growth73rd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $832,238Expenses 2012: $823,415Net Income 2012: $8,8232012Expenses 2013: $1,850,4812013Revenue 2014: $2,483,115Expenses 2014: $2,136,700Net Income 2014: $346,4152014Revenue 2015: $2,709,003Expenses 2015: $2,570,633Net Income 2015: $138,3702015Revenue 2016: $3,064,802Expenses 2016: $2,835,212Net Income 2016: $229,5902016Revenue 2017: $3,661,168Expenses 2017: $3,415,275Net Income 2017: $245,8932017Revenue 2018: $4,319,156Expenses 2018: $3,961,956Net Income 2018: $357,2002018Revenue 2019: $4,864,753Expenses 2019: $4,746,260Net Income 2019: $118,4932019Revenue 2020: $5,839,306Expenses 2020: $5,783,426Net Income 2020: $55,8802020Revenue 2021: $8,870,281Expenses 2021: $6,983,861Net Income 2021: $1,886,4202021Revenue 2022: $7,788,974Expenses 2022: $8,318,424Net Income 2022: -$529,4502022Revenue 2023: $11,518,265Expenses 2023: $10,056,390Net Income 2023: $1,461,8752023

Highlighted filing

2017

Revenue$3,661,168
Expenses$3,415,275
Net Income$245,893
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 8, 2018
Return Version
2016v3.1
Gross Receipts
$3,661,168
Mission and Program Overview

Mission

To provide students with a comprehensive international education through the use of technology and language acquisition, so that students will become life-long inquisitive learners and utilize this knowledge across international boundaries.

To prepare our students to be independent multilingual citizens in a global society

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$850,558$850,939▲ $381
Land, Buildings, and Equipment, Net$82,822$394,452▲ $311,630
Cash and Non-Interest-Bearing Accounts$161,672$293,618▲ $131,946
Inventories for Sale or Use$10,542$58,320▲ $47,778
Prepaid Expenses and Deferred Charges$5,976$7,483▲ $1,507
Total Assets$1,111,570$1,686,571▲ $575,001
Other Assets Total-$81,759-
Liabilities
Other Liabilities$34,475$347,508▲ $313,033
Accounts Payable and Accrued Expenses$214,004$230,079▲ $16,075
Total Liabilities$248,479$577,587▲ $329,108
Net Assets / Fund Balance
Unrestricted Net Assets$863,091$1,108,984▲ $245,893
Total Net Assets Fund Balance$863,091$1,108,984▲ $245,893
Total Liabilities and Net Assets / Fund Balance$1,111,570$1,686,571▲ $575,001

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$348,379$80,094$428,473
Other Land Buildings$46,073$63,807$109,880
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Vera a HirshPrincipalFT$115,415$115,415

Board Members and Trustees

NameTitle
Michael BellPresident &
Linnette ColemanDirector
Myra E SilversteinDirector
Darleny GilSecretary &

Highest Paid Contractors

ContractorServicesLocationCompensation
School Board Of Miami-dade CountyManagement Serv1450 NE 2ND AVE, Miami, FL 33132$189,310
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$3,626,988
Investment Income
$380
Other Revenue
$28,800
All Other Contributions
$5,000
Change in Net Assets
$245,893

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,661,168
Total Revenue per Audited Statements
$3,661,168
Total Revenue per Form 990
$3,661,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,267,297
Other Expenses$1,147,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,619,190$179,910-$1,799,100
Occupancy$277,867$23,682-$301,549
All Other Expenses$154,935$61,518-$216,453
Other Employee Benefits$176,187$19,576-$195,763
Payroll Taxes$141,317$15,702-$157,019
Current Officers, Directors, Trustees, and Key Employees$57,707$57,708-$115,415
Depreciation Depletion$52,329$13,082-$65,411
Other Expenses$56,518$42,652-$56,518
Information Technology$34,362$1,809-$36,171
Insurance$24,341$2,705-$27,046
Fees for Services Legal-$24,260-$24,260
Travel$5,121$3,483-$8,604
Fees for Services Accounting-$8,500-$8,500
Fees for Services Other-$8,495-$8,495
Total Functional Expenses$2,857,428$557,847$0$3,415,275

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,415,275
Total Expenses per Audited Statements$3,415,275
Total Expenses per Form 990$3,415,275
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
Due to Mdc School Distr. Aft. 1yr$265,893
Due to Mdc School Distr. Within 1yr$81,615
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 principal and board of directors review the form 990 prior to filing.”

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

“The board members are required to complete a state of florida form 8b memorandum of voting conflict when a conflict of interest is brought up at a board meeting.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors reviews the annual compensation of other comparable principals in the state of florida and in miami-dade county, as a basis for determineing compensation.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy, and financial statements are availble upon request.”

Filing and Contact Details

Filer

Filer Name
Miami-dade Foundation for
EIN
45-2690728
Phone
3058833900
Address
1080 LABARON DRIVE, MIAMI SPRINGS, FL 33166
Doing Business As
Academy for International Education

Signing Officer

Name
Vera a Hirsh
Title
Principal
Phone
3058833900
Signed
2018-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vera a Hirsh
Formed
2011
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
64
Volunteers
150

Preparer

Firm
Sotolongo & Associates Pa
Address
8231 SW 29 STREET, MIAMI, FL 33155
Preparer
Emil Sotolongo CPA
Phone
3057765778
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To provide students with a comprehensive international education through the use of technology and language acquisition, so that students will become life-long inquisitive learners and utilize this knowledge across international boundaries.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Miami-dade foundation for educational innovation, inc. ("mdfei") is an organization exempt from income taxation under section 501(a) as an entity described in section 501(c)(3) of the internal revenue code of 1986, as amended. Accordingly, no provision for federal income taxes is included in the accompanying financial statements. Mdfei has adopted guidance related to accounting for uncertainty in income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. This guidance is applicable to not-for- profit organizations that may be conducting unrelated business activities, which are potentially subject to income taxes, including state income taxes. Mdfei assesses its income tax positions, including its continuing tax status as a not-for-profit entity, and recognizes tax benefits only to the extent that mdfei believes it is "more likely than not" that its tax positions will be sustained upon an examination by the internal revenue service ("irs") or the applicable state taxing authority. Accordingly, there is no provision for federal income taxes in the school's financial statements, as mdfei believes all tax positions, including its continuing status as a not-for-profit entity, have a greater than 50% chance of realization in the event of an irs audit. State income taxes, which may be due in certain jurisdictions, have been assessed following the same "more likely than not" measurement threshold.”

Raw XML Appendix397 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/ProgramServiceRevenueGrp/Desc2OTHER SCHOOL, COURSES & CLASS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER MISC. LOCAL SOURCES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03582445
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140475
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22567
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03582445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt140475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22567
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31501
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011578
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0884715
IRS990/PYOtherRevenueAmt027600
IRS990/PYProgramServiceRevenueAmt03025624
IRS990/PYRevenuesLessExpensesAmt0229590
IRS990/PYSalariesCompEmpBnftPaidAmt01950497
IRS990/PYTotalExpensesAmt02835212
IRS990/PYTotalRevenueAmt03064802
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0245893
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt028800
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0850558
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0850939
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt03415275
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0348379
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt080094
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0428473
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt046073
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt063807
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0109880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0265893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt181615
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MDC SCHOOL DISTR. AFT. 1YR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MDC SCHOOL DISTR. WITHIN 1YR
IRS990ScheduleD/RevenueSubtotalAmt03661168
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MIAMI-DADE FOUNDATION FOR EDUCATIONAL INNOVATION, INC. ("MDFEI") IS AN ORGANIZATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MDFEI HAS ADOPTED GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. THIS GUIDANCE IS APPLICABLE TO NOT-FOR- PROFIT ORGANIZATIONS THAT MAY BE CONDUCTING UNRELATED BUSINESS ACTIVITIES, WHICH ARE POTENTIALLY SUBJECT TO INCOME TAXES, INCLUDING STATE INCOME TAXES. MDFEI ASSESSES ITS INCOME TAX POSITIONS, INCLUDING ITS CONTINUING TAX STATUS AS A NOT-FOR-PROFIT ENTITY, AND RECOGNIZES TAX BENEFITS ONLY TO THE EXTENT THAT MDFEI BELIEVES IT IS "MORE LIKELY THAN NOT" THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON AN EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR THE APPLICABLE STATE TAXING AUTHORITY. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL INCOME TAXES IN THE SCHOOL'S FINANCIAL STATEMENTS, AS MDFEI BELIEVES ALL TAX POSITIONS, INCLUDING ITS CONTINUING STATUS AS A NOT-FOR-PROFIT ENTITY, HAVE A GREATER THAN 50% CHANCE OF REALIZATION IN THE EVENT OF AN IRS AUDIT. STATE INCOME TAXES, WHICH MAY BE DUE IN CERTAIN JURISDICTIONS, HAVE BEEN ASSESSED FOLLOWING THE SAME "MORE LIKELY THAN NOT" MEASUREMENT THRESHOLD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0394452
IRS990ScheduleD/TotalExpensesPerForm990Amt03415275
IRS990ScheduleD/TotalLiabilityAmt0347508
IRS990ScheduleD/TotalRevenuePerForm990Amt03661168
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03661168
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03415275
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SEE PART II
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SINCE THE SCHOOL IS A CHARTER SCHOOL, IT DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2SCHEDULE E - LINE 6A - THE ORGANIZAITON RECEIVES FEDERAL, STATE AND LOCAL FUNDING FOR ITS CHARTER SCHOOL OPERATIONS. THE SCHOOL IS A CHARTER SCHOOL AND FOLLOWS THE SAME NONDISCRIMINATION POLICIES AS MIAMI-DADE COUNTY SCHOOL DISTRICT BOARD.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE STUDENTS WITH A COMPREHENSIVE INTERNATIONAL EDUCATION THROUGH THE USE OF TECHNOLOGY AND LANGUAGE ACQUISITION, SO THAT STUDENTS WILL BECOME LIFE-LONG INQUISITIVE LEARNERS AND UTILIZE THIS KNOWLEDGE ACROSS INTERNATIONAL BOUNDARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRINCIPAL AND BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ARE REQUIRED TO COMPLETE A STATE OF FLORIDA FORM 8B MEMORANDUM OF VOTING CONFLICT WHEN A CONFLICT OF INTEREST IS BROUGHT UP AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS THE ANNUAL COMPENSATION OF OTHER COMPARABLE PRINCIPALS IN THE STATE OF FLORIDA AND IN MIAMI-DADE COUNTY, AS A BASIS FOR DETERMINEING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILBLE 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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01111570
IRS990/TotalAssetsEOYAmt01686571
IRS990/TotalAssetsGrp/BOYAmt01111570
IRS990/TotalAssetsGrp/EOYAmt01686571
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05000
IRS990/TotalEmployeeCnt064
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0557847
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02857428
IRS990/TotalFunctionalExpensesGrp/TotalAmt03415275
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0248479
IRS990/TotalLiabilitiesEOYAmt0577587
IRS990/TotalLiabilitiesGrp/BOYAmt0248479
IRS990/TotalLiabilitiesGrp/EOYAmt0577587
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0863091
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01108984
IRS990/TotalProgramServiceExpensesAmt02857428
IRS990/TotalProgramServiceRevenueAmt03626988
IRS990/TotalReportableCompFromOrgAmt0115415
IRS990/TotalRevenueGrp/ExclusionAmt028800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03627368
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03661168
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01111570
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01686571
IRS990/TravelGrp/ManagementAndGeneralAmt03483
IRS990/TravelGrp/ProgramServicesAmt05121
IRS990/TravelGrp/TotalAmt08604
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0863091
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01108984
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01080 LABARON DRIVE
IRS990/USAddress/CityNm0MIAMI SPRINGS
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033166
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.AIECHARTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VERA A HIRSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL
ReturnHeader/BusinessOfficerGrp/PhoneNum03058833900
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIAMI-DADE FOUNDATION FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATIONAL INNOVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MIAM
ReturnHeader/Filer/EIN0452690728
ReturnHeader/Filer/PhoneNum03058833900
ReturnHeader/Filer/USAddress/AddressLine1Txt01080 LABARON DRIVE
ReturnHeader/Filer/USAddress/CityNm0MIAMI SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033166
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F1F70D7DF8FABA99CFEC8B5CA701DEBC905A86FF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F1F70D7DF8FABA99CFEC8B5CA701DEBC905A86FF
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOTOLONGO & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08231 SW 29 STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033155
ReturnHeader/PreparerPersonGrp/PhoneNum03057765778
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMIL SOTOLONGO CPA
ReturnHeader/ReturnTs02018-03-12T10:30:47-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,686,571
Liabilities
$577,587
Net assets
$1,108,984
Revenue
$3,661,168
Expenses
$3,415,275
Net income
$245,893
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$8.59$4.11$4.48$11.5$10.1$1.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.77$2.77$3.00$7.79$8.32$0.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$1.05$3.53$8.87$6.98$1.89
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$1.20$1.64$5.84$5.78$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.41$1.58$4.86$4.75$0.12
2018Summary only. Only limited summary data is available for this year.$1.91$0.44$1.47$4.32$3.96$0.36
2017Detailed filing. Detailed filing data is available for this year.$1.69$0.58$1.11$3.66$3.42$0.25
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.25$0.86$3.06$2.84$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.21$0.63$2.71$2.57$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.18$0.50$2.48$2.14$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.16$0.15$1.85
2012Summary only. Only limited summary data is available for this year.$0.07$0.06$0.01$0.83$0.82$0.01