Civic Intelligence

Miami-Dade Foundation for Educational Innovation Inc

990 • Fiscal year 2019 • EIN 45-2690728

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 12, 2020

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

66th percentile

0.21x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

79th percentile

$129,125

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

55th percentile

4.8%

Faster asset growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$1,998,737

Up $91,235 (+4.8%) from 2018

Net Assets

Up

$1,584,677

Up $118,493 (+8.1%) from 2018

Liabilities

Down

$414,060

Down $27,258 (-6.2%) from 2018

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin48th percentile

Revenue

Up

$4,864,753

Up $545,597 (+13%) from 2018

Expenses

Up

$4,746,260

Up $784,304 (+20%) from 2018

Net Income

Down

$118,493

Down $238,707 (-67%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth55th 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

2019

Assets$1,998,737
Liabilities$414,060
Net Assets$1,584,677
Open 2019 Filing

Operations Trend

Revenue Growth66th 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

2019

Revenue$4,864,753
Expenses$4,746,260
Net Income$118,493
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 12, 2020
Return Version
2018v3.2
Gross Receipts
$4,864,753
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$1,155,010$1,001,131▼ $153,879
Land, Buildings, and Equipment, Net$465,604$827,408▲ $361,804
Cash and Non-Interest-Bearing Accounts$265,719$115,778▼ $149,941
Accounts Receivable-$28,599-
Prepaid Expenses and Deferred Charges$259$25,821▲ $25,562
Inventories for Sale or Use$20,910--
Total Assets$1,907,502$1,998,737▲ $91,235
Liabilities
Accounts Payable and Accrued Expenses$241,522$264,264▲ $22,742
Other Liabilities$199,796$149,796▼ $50,000
Total Liabilities$441,318$414,060▼ $27,258
Net Assets / Fund Balance
Unrestricted Net Assets$1,466,184$1,584,677▲ $118,493
Total Net Assets Fund Balance$1,466,184$1,584,677▲ $118,493
Total Liabilities and Net Assets / Fund Balance$1,907,502$1,998,737▲ $91,235

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$568,783$230,340$799,123
Other Land Buildings$258,625$163,035$421,660
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Vera a HirshPrincipalFT$129,125$129,125

Board Members and Trustees

NameTitle
Michael BellPresident &
Carol BallentDirector
Jeanette Acevedo-isenbergDirector
Darleny GilSecretary &

Highest Paid Contractors

ContractorServicesLocationCompensation
School Board Of Miami-dade CountyManagement Serv1450 NE 2ND AVE, Miami, FL 33132$203,940
Revenue and Support

Revenue Composition

Contributions and Grants
$166,036
Program Service Revenue
$4,660,695
Investment Income
$7,122
Other Revenue
$30,900
All Other Contributions
$37,714
Change in Net Assets
$118,493

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,864,753
Total Revenue per Audited Statements
$4,864,753
Total Revenue per Form 990
$4,864,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,174,937
Other Expenses$1,571,323
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,452,162$137,443-$2,589,605
All Other Expenses$335,255$72,866-$408,121
Occupancy$369,153$29,124-$398,277
Other Employee Benefits$212,327$23,592-$235,919
Payroll Taxes$192,954$21,439-$214,393
Depreciation Depletion$124,484$31,121-$155,605
Current Officers, Directors, Trustees, and Key Employees-$135,020-$135,020
Other Expenses$72,155$43,898-$72,155
Insurance$32,242$3,582-$35,824
Fees for Services Legal-$26,690-$26,690
Travel$1,774$10,535-$12,309
Fees for Services Accounting-$8,500-$8,500
Total Functional Expenses$4,100,480$645,780$0$4,746,260

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,746,260
Total Expenses per Audited Statements$4,746,260
Total Expenses per Form 990$4,746,260
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. Within 1yr$100,000
Due to Mdc School Distr. Aft. 1yr$49,796
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
2020-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Bell
Formed
2011
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
79
Volunteers
50

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. 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. 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.”

Raw XML Appendix399 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/BOYAmt0241522
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0264264
IRS990/AccountsReceivableGrp/EOYAmt028599
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PREPARE OUR STUDENTS TO BE INDEPENDENT MULTILINGUAL CITIZENS IN A GLOBAL SOCIETY.
IRS990/AllOtherContributionsAmt037714
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt072866
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0335255
IRS990/AllOtherExpensesGrp/TotalAmt0408121
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0VERA HIRSH
IRS990/BooksInCareOfDetail/PhoneNum03058833900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01080 LABARON DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI SPRINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033166
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0265719
IRS990/CashNonInterestBearingGrp/EOYAmt0115778
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0135020
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0135020
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0203940
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01450 NE 2ND AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MIAMI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd033132
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SCHOOL BOARD OF MIAMI-DADE COUNTY
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERV
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0166036
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07122
IRS990/CYOtherExpensesAmt01571323
IRS990/CYOtherRevenueAmt030900
IRS990/CYProgramServiceRevenueAmt04660695
IRS990/CYRevenuesLessExpensesAmt0118493
IRS990/CYSalariesCompEmpBnftPaidAmt03174937
IRS990/CYTotalExpensesAmt04746260
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04864753
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt031121
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0124484
IRS990/DepreciationDepletionGrp/TotalAmt0155605
IRS990/Desc0THE CHARTER SCHOOL PROVIDES AN EDUCATION PROGRAM TO STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH. THE SCHOOL HAS IMPLEMENTED A CURRICULUM WITH STRATEGIC OBJECTIVES DESIGNED TO MEET OR EXCEED THE STANDARDS SET BY OTHER COMPARABLE STUDENT POPULATIONS. A TOTAL OF APPROXIMATELY 654 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDED JUNE 30, 2019.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ACADEMY FOR INTERNATIONAL EDUCATION
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt079
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04100480
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08500
IRS990/FeesForServicesAccountingGrp/TotalAmt08500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt026690
IRS990/FeesForServicesLegalGrp/TotalAmt026690
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL BELL
IRS990/Form990PartVIISectionAGrp/PersonNm1DARLENY GIL
IRS990/Form990PartVIISectionAGrp/PersonNm2CAROL BALLENT
IRS990/Form990PartVIISectionAGrp/PersonNm3JEANETTE ACEVEDO-ISENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4VERA A HIRSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4129125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY &
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0128322
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04864753
IRS990/GrossRentsGrp/RealAmt030900
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03582
IRS990/InsuranceGrp/ProgramServicesAmt032242
IRS990/InsuranceGrp/TotalAmt035824
IRS990/InventoriesForSaleOrUseGrp/BOYAmt020910
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07122
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07122
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0393375
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0465604
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0827408
IRS990/LandBldgEquipCostOrOtherBssAmt01220783
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01466184
IRS990/NetAssetsOrFundBalancesEOYAmt01584677
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt030900
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt030900
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt029124
IRS990/OccupancyGrp/ProgramServicesAmt0369153
IRS990/OccupancyGrp/TotalAmt0398277
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023592
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0212327
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0235919
IRS990/OtherExpensesGrp/Desc0SCHOOL DIST MGMT FEE
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS - INSTRUCTION
IRS990/OtherExpensesGrp/Desc2SCHOOL DIST ADMIN FEE
IRS990/OtherExpensesGrp/Desc3OTHER SCHOOL ADMINISTRATI
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0101970
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt143898
IRS990/OtherExpensesGrp/ProgramServicesAmt0101970
IRS990/OtherExpensesGrp/ProgramServicesAmt1162106
IRS990/OtherExpensesGrp/ProgramServicesAmt243898
IRS990/OtherExpensesGrp/ProgramServicesAmt372155
IRS990/OtherExpensesGrp/TotalAmt0203940
IRS990/OtherExpensesGrp/TotalAmt1162106
IRS990/OtherExpensesGrp/TotalAmt287796
IRS990/OtherExpensesGrp/TotalAmt372155
IRS990/OtherLiabilitiesGrp/BOYAmt0199796
IRS990/OtherLiabilitiesGrp/EOYAmt0149796
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0137443
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02452162
IRS990/OtherSalariesAndWagesGrp/TotalAmt02589605
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021439
IRS990/PayrollTaxesGrp/ProgramServicesAmt0192954
IRS990/PayrollTaxesGrp/TotalAmt0214393
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0259
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025821
IRS990/PrincipalOfficerNm0MICHAEL BELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STATE/LOCAL PER PUPIL
IRS990/ProgramServiceRevenueGrp/Desc1OTHER SCHOOL, COURSES & CLASS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MISC. LOCAL SOURCES
IRS990/ProgramServiceRevenueGrp/Desc3PRESCHOOL PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04651131
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22285
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31316
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04651131
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22285
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31316
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt021117
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03072
IRS990/PYOtherExpensesAmt01288366
IRS990/PYOtherRevenueAmt028800
IRS990/PYProgramServiceRevenueAmt04266167
IRS990/PYRevenuesLessExpensesAmt0357200
IRS990/PYSalariesCompEmpBnftPaidAmt02673590
IRS990/PYTotalExpensesAmt03961956
IRS990/PYTotalRevenueAmt04319156
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0118493
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt030900
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01155010
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01001131
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt04746260
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0568783
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0230340
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0799123
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0258625
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0163035
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0421660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt149796
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MDC SCHOOL DISTR. WITHIN 1YR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MDC SCHOOL DISTR. AFT. 1YR
IRS990ScheduleD/RevenueSubtotalAmt04864753
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. 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. 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0827408
IRS990ScheduleD/TotalExpensesPerForm990Amt04746260
IRS990ScheduleD/TotalLiabilityAmt0149796
IRS990ScheduleD/TotalRevenuePerForm990Amt04864753
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04864753
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04746260
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01907502
IRS990/TotalAssetsEOYAmt01998737
IRS990/TotalAssetsGrp/BOYAmt01907502
IRS990/TotalAssetsGrp/EOYAmt01998737
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0166036
IRS990/TotalEmployeeCnt079
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0645780
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04100480
IRS990/TotalFunctionalExpensesGrp/TotalAmt04746260
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0441318
IRS990/TotalLiabilitiesEOYAmt0414060
IRS990/TotalLiabilitiesGrp/BOYAmt0441318
IRS990/TotalLiabilitiesGrp/EOYAmt0414060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01466184
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01584677
IRS990/TotalProgramServiceExpensesAmt04100480
IRS990/TotalProgramServiceRevenueAmt04660695
IRS990/TotalReportableCompFromOrgAmt0129125
IRS990/TotalRevenueGrp/ExclusionAmt030900
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04667817
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04864753
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01907502
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01998737
IRS990/TravelGrp/ManagementAndGeneralAmt010535
IRS990/TravelGrp/ProgramServicesAmt01774
IRS990/TravelGrp/TotalAmt012309
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01466184
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01584677
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010270 SW 109TH ST
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033176
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.AIECHARTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VERA A HIRSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL
ReturnHeader/BusinessOfficerGrp/PhoneNum03058833900
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-12
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/AtSubmissionFilingDeviceId0058DD69092221F65D33104337392097A0A5B98B1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.212.112.223
ReturnHeader/FilingSecurityInformation/IPDt02020-02-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:49:19
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/PreparationDt02020-02-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMIL SOTOLONGO CPA
ReturnHeader/ReturnTs02020-02-20T09:49:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,998,737
Liabilities
$414,060
Net assets
$1,584,677
Revenue
$4,864,753
Expenses
$4,746,260
Net income
$118,493
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
2019Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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