Civic Intelligence

Innovation Charter School Inc.

990 • Fiscal year 2019 • EIN 46-3301622

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 28, 2019

Organization ProfileWWW.INNOVATIONCHARTER.NET
600 SW 3rd Street No 1400Pompano Beach, FL 33060

(954) 715-1777

Siviq Scores

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

Liabilities / Assets

57th percentile

0.12x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

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

Net Margin

65th percentile

10.0%

Higher net margin than 65% of similar nonprofits.

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

Top Officer Pay

62nd percentile

$85,808

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

90th percentile

47%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$1,504,028

Up $482,674 (+47%) from 2018

Net Assets

Up

$1,319,111

Up $416,479 (+46%) from 2018

Liabilities

Up

$184,917

Up $66,195 (+56%) from 2018

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin65th percentile

Revenue

Up

$4,172,056

Up $586,433 (+16%) from 2018

Expenses

Up

$3,755,577

Up $803,418 (+27%) from 2018

Net Income

Down

$416,479

Down $216,985 (-34%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $554,907Liabilities 2015: $0Net Assets 2015: $554,9072015Assets 2016: $353,578Liabilities 2016: $30,223Net Assets 2016: $323,3552016Assets 2017: $558,454Liabilities 2017: $289,286Net Assets 2017: $269,1682017Assets 2018: $1,021,354Liabilities 2018: $118,722Net Assets 2018: $902,6322018Assets 2019: $1,504,028Liabilities 2019: $184,917Net Assets 2019: $1,319,1112019Assets 2020: $1,959,266Liabilities 2020: $176,148Net Assets 2020: $1,783,1182020Assets 2021: $2,367,477Liabilities 2021: $295,465Net Assets 2021: $2,072,0122021Assets 2022: $2,094,140Liabilities 2022: $275,886Net Assets 2022: $1,818,2542022Assets 2023: $2,152,715Liabilities 2023: $214,895Net Assets 2023: $1,937,8202023Assets 2024: $3,999,169Liabilities 2024: $1,224,527Net Assets 2024: $2,774,6422024Assets 2025: $3,210,851Liabilities 2025: $781,135Net Assets 2025: $2,429,7162025

Highlighted filing

2019

Assets$1,504,028
Liabilities$184,917
Net Assets$1,319,111
Open 2019 Filing

Operations Trend

Revenue Growth71st percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $555,000Expenses 2015: $93Net Income 2015: $554,9072015Revenue 2016: $1,892,952Expenses 2016: $2,124,504Net Income 2016: -$231,5522016Revenue 2017: $2,813,040Expenses 2017: $2,867,227Net Income 2017: -$54,1872017Revenue 2018: $3,585,623Expenses 2018: $2,952,159Net Income 2018: $633,4642018Revenue 2019: $4,172,056Expenses 2019: $3,755,577Net Income 2019: $416,4792019Revenue 2020: $4,378,342Expenses 2020: $3,914,335Net Income 2020: $464,0072020Revenue 2021: $4,448,415Expenses 2021: $4,159,521Net Income 2021: $288,8942021Revenue 2022: $4,545,246Expenses 2022: $4,799,004Net Income 2022: -$253,7582022Revenue 2023: $5,000,435Expenses 2023: $4,880,869Net Income 2023: $119,5662023Revenue 2024: $6,433,861Expenses 2024: $5,597,039Net Income 2024: $836,8222024Revenue 2025: $5,515,662Expenses 2025: $5,860,588Net Income 2025: -$344,9262025

Highlighted filing

2019

Revenue$4,172,056
Expenses$3,755,577
Net Income$416,479
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$4,172,056
Mission and Program Overview

Mission

Innovation charter school empowers young ones for success as world changers through highly talented teachers using innovative and leading methods in a very loving environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$779,812$1,385,842▲ $606,030
Cap Stk Tr Prin Current Funds$814,664$1,247,094▲ $432,430
Land, Buildings, and Equipment, Net$87,968$72,017▼ $15,951
Pd in Cap Srpls Land Bldg Eqp Fund$87,968$72,017▼ $15,951
Accounts Receivable$111,989$23,553▼ $88,436
Prepaid Expenses and Deferred Charges$19,585$616▼ $18,969
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$1,021,354$1,504,028▲ $482,674
Other Assets Total$22,000$22,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$118,722$184,917▲ $66,195
Total Liabilities$118,722$184,917▲ $66,195
Net Assets / Fund Balance
Total Net Assets Fund Balance$902,632$1,319,111▲ $416,479
Total Liabilities and Net Assets / Fund Balance$1,021,354$1,504,028▲ $482,674

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$72,017$133,438$205,455
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Susan AlexanderPrincipalFT$85,808$85,808

Board Members and Trustees

NameTitle
Paul WalkerChair
David SalvatelliDirector
Tylena AduduDirector
Tammy HoskinsSecretary
Nicole JohanssonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,439,961
Program Service Revenue
$644,907
Investment Income
$5,718
Other Revenue
$81,470
All Other Contributions
$6,075
Change in Net Assets
$416,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,172,056
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,172,056
Total Revenue per Form 990
$4,172,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,076,884
Other Expenses$1,678,693
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,441,986$385,824-$1,827,810
Occupancy$439,460--$439,460
Insurance$197,385$18,053-$215,438
Payroll Taxes$129,285$25,804-$155,089
Current Officers, Directors, Trustees, and Key Employees$70,511$18,743-$89,254
Fees for Services Other$78,185$5,938-$84,123
Other Expenses$47,874$24,002-$47,874
Depreciation Depletion$39,483--$39,483
All Other Expenses$32,385$5,551-$37,936
Other Employee Benefits$4,731--$4,731
Travel$1,149$2,895-$4,044
Total Functional Expenses$3,150,423$605,154$0$3,755,577

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,755,577
Total Expenses per Audited Statements$3,755,577
Total Expenses per Form 990$3,755,577
Expenses Not Reported on Financial Statements$0
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
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
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, Part VI, Section B, Line 11B

“The form 990 is provided to the board of directors for approval before the final return is filed with the internal revenue service.”

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

“This charter school follows the enforcement policies as provided by broward public schools. The board of directors is ultimately responsible for conflict of interest issues.”

Form 990, Part VI, Section B, Line 15A

“The board of directors performs the principal's performance review and approves compensation.”

Form 990, Part VI, Section C, Line 18

“Form 990 and form 1023 are available upon request. The form 990 can be found at www.guidestar.org.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Innovation Charter School Inc
EIN
46-3301622
Phone
9547151777
Address
600 SW 3RD STREET NO 1400, POMPANO BEACH, FL 33060
Doing Business As
Innovation Charter School

Signing Officer

Name
Nicole Johansson
Title
Treasurer
Phone
9547151777
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Johansson
Formed
2014
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
4
Employees
88
Volunteers
30

Preparer

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

Additional Explanations

Form 990, Part XII, Line 2C

“The school's governing board selects their auditor in compliance with the florida statues which require certain criteria to be followed in their request for proposal process.”

Raw XML Appendix400 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0118722
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0184917
IRS990/AccountsReceivableGrp/BOYAmt0111989
IRS990/AccountsReceivableGrp/EOYAmt023553
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INNOVATION CHARTER SCHOOL EMPOWERS YOUNG ONES FOR SUCCESS AS WORLD CHANGERS THROUGH HIGHLY TALENTED TEACHERS USING INNOVATIVE AND LEADING METHODS IN A VERY LOVING ENVIRONMENT.
IRS990/AllOtherContributionsAmt06075
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05551
IRS990/AllOtherExpensesGrp/ProgramServicesAmt032385
IRS990/AllOtherExpensesGrp/TotalAmt037936
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NICOLE JOHANSSON
IRS990/BooksInCareOfDetail/PhoneNum09549757777
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 SW 3RD STREET STE 1400
IRS990/BooksInCareOfDetail/USAddress/CityNm0POMPANO BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033060
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0814664
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01247094
IRS990/CashNonInterestBearingGrp/BOYAmt0779812
IRS990/CashNonInterestBearingGrp/EOYAmt01385842
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt018743
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt070511
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt089254
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03439961
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05718
IRS990/CYOtherExpensesAmt01678693
IRS990/CYOtherRevenueAmt081470
IRS990/CYProgramServiceRevenueAmt0644907
IRS990/CYRevenuesLessExpensesAmt0416479
IRS990/CYSalariesCompEmpBnftPaidAmt02076884
IRS990/CYTotalExpensesAmt03755577
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04172056
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt039483
IRS990/DepreciationDepletionGrp/TotalAmt039483
IRS990/Desc0INSTRUCTIONAL SERVICES: SERVING STUDENTS IN KINDERGARTEN THROUGH FIFTH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0INNOVATION CHARTER SCHOOL
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt088
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02835558
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05938
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt078185
IRS990/FeesForServicesOtherGrp/TotalAmt084123
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt06.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm1NICOLE JOHANSSON
IRS990/Form990PartVIISectionAGrp/PersonNm2TAMMY HOSKINS
IRS990/Form990PartVIISectionAGrp/PersonNm3TYLENA ADUDU
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID SALVATELLI
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN ALEXANDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt585808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt03433886
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04172056
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt018053
IRS990/InsuranceGrp/ProgramServicesAmt0197385
IRS990/InsuranceGrp/TotalAmt0215438
IRS990/InvestmentIncomeGrp/ExclusionAmt05718
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05718
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0133438
IRS990/LandBldgEquipBasisNetGrp/BOYAmt087968
IRS990/LandBldgEquipBasisNetGrp/EOYAmt072017
IRS990/LandBldgEquipCostOrOtherBssAmt0205455
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INNOVATION CHARTER SCHOOL EMPOWERS YOUNG ONES FOR SUCCESS AS WORLD CHANGERS THROUGH HIGHLY TALENTED TEACHERS USING INNOVATIVE AND LEADING METHODS IN A VERY LOVING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0902632
IRS990/NetAssetsOrFundBalancesEOYAmt01319111
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0439460
IRS990/OccupancyGrp/TotalAmt0439460
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022000
IRS990/OtherAssetsTotalGrp/EOYAmt022000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04731
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04731
IRS990/OtherExpensesGrp/Desc0PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc3REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0118344
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt124002
IRS990/OtherExpensesGrp/ProgramServicesAmt0244036
IRS990/OtherExpensesGrp/ProgramServicesAmt1257947
IRS990/OtherExpensesGrp/ProgramServicesAmt2166006
IRS990/OtherExpensesGrp/ProgramServicesAmt347874
IRS990/OtherExpensesGrp/TotalAmt0362380
IRS990/OtherExpensesGrp/TotalAmt1257947
IRS990/OtherExpensesGrp/TotalAmt2190008
IRS990/OtherExpensesGrp/TotalAmt347874
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt081470
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt081470
IRS990/OtherRevenueTotalAmt081470
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0385824
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01441986
IRS990/OtherSalariesAndWagesGrp/TotalAmt01827810
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025804
IRS990/PayrollTaxesGrp/ProgramServicesAmt0129285
IRS990/PayrollTaxesGrp/TotalAmt0155089
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt087968
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt072017
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019585
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0616
IRS990/PrincipalOfficerNm0NICOLE JOHANSSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0INSTRUCTIONAL
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0331262
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1313645
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0331262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1313645
IRS990/ProgSrvcAccomActy2Grp/Desc0FOOD SERVICES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0314865
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0313645
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02849654
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01261955
IRS990/PYOtherRevenueAmt049946
IRS990/PYProgramServiceRevenueAmt0686023
IRS990/PYRevenuesLessExpensesAmt0633464
IRS990/PYSalariesCompEmpBnftPaidAmt01690204
IRS990/PYTotalExpensesAmt02952159
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03585623
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0416479
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0412732
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt072017
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133438
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0205455
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03755577
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04172056
IRS990ScheduleD/TotalBookValueLandBuildingsAmt072017
IRS990ScheduleD/TotalExpensesPerForm990Amt03755577
IRS990ScheduleD/TotalRevenuePerForm990Amt04172056
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04172056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03755577
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 SCHOOLS ARE PUBLIC CHARTER SCHOOLS ORGANIZED UNDER FLORIDA STATUTES. ALL NONDISCRIMINATORY POLICY INFORMATION IS AVAILABLE THROUGH VARIOUS SOURCES, INCLUDING PUBLIC ANNOUNCEMENTS, PUBLICATIONS, AND ON THEIR WEBSITES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES TUITION, FEDERAL/STATE GRANT MONIES AND OTHER AWARDS FROM THE BROWARD SCHOOL DISTRICT TO SUPPORT ITS EXEMPT PURPOSE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE THE FINAL RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS CHARTER SCHOOL FOLLOWS THE ENFORCEMENT POLICIES AS PROVIDED BY BROWARD PUBLIC SCHOOLS. THE BOARD OF DIRECTORS IS ULTIMATELY RESPONSIBLE FOR CONFLICT OF INTEREST ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS PERFORMS THE PRINCIPAL'S PERFORMANCE REVIEW AND APPROVES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 AND FORM 1023 ARE AVAILABLE UPON REQUEST. THE FORM 990 CAN BE FOUND AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL'S GOVERNING BOARD SELECTS THEIR AUDITOR IN COMPLIANCE WITH THE FLORIDA STATUES WHICH REQUIRE CERTAIN CRITERIA TO BE FOLLOWED IN THEIR REQUEST FOR PROPOSAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01021354
IRS990/TotalAssetsEOYAmt01504028
IRS990/TotalAssetsGrp/BOYAmt01021354
IRS990/TotalAssetsGrp/EOYAmt01504028
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03439961
IRS990/TotalEmployeeCnt088
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0605154
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03150423
IRS990/TotalFunctionalExpensesGrp/TotalAmt03755577
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0118722
IRS990/TotalLiabilitiesEOYAmt0184917
IRS990/TotalLiabilitiesGrp/BOYAmt0118722
IRS990/TotalLiabilitiesGrp/EOYAmt0184917
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0902632
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01319111
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03150423
IRS990/TotalProgramServiceRevenueAmt0644907
IRS990/TotalReportableCompFromOrgAmt085808
IRS990/TotalRevenueGrp/ExclusionAmt05718
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0726377
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04172056
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01021354
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01504028
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02895
IRS990/TravelGrp/ProgramServicesAmt01149
IRS990/TravelGrp/TotalAmt04044
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 SW 3RD STREET NO 1400
IRS990/USAddress/CityNm0POMPANO BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033060
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.INNOVATIONCHARTER.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE JOHANSSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09547151777
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INNOVATION CHARTER SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0INNO
ReturnHeader/Filer/EIN0463301622
ReturnHeader/Filer/PhoneNum09547151777
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 SW 3RD STREET NO 1400
ReturnHeader/Filer/USAddress/CityNm0POMPANO BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033060
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId057FB313C1F3C7686AB603E03F0216FAD9A706787
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D51D86490A3CCC334D3700EA5BB958A43ECC92A1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.80.67.1
ReturnHeader/FilingSecurityInformation/IPDt02019-10-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:17:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591363792
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEEFE MCCULLOUGH & CO LLP CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06550 N FEDERAL HIGHWAY SUITE 410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FT LAUDERDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033308
ReturnHeader/PreparerPersonGrp/PhoneNum09547710896
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC A GRACE
ReturnHeader/ReturnTs02019-10-29T09:38:54-05:00
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
$1,504,028
Liabilities
$184,917
Net assets
$1,319,111
Revenue
$4,172,056
Expenses
$3,755,577
Net income
$416,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.21$0.78$2.43$5.52$5.86$0.34
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$1.22$2.77$6.43$5.60$0.84
2023Detailed filing. Detailed filing data is available for this year.$2.15$0.21$1.94$5.00$4.88$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.09$0.28$1.82$4.55$4.80$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.30$2.07$4.45$4.16$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.18$1.78$4.38$3.91$0.46
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.18$1.32$4.17$3.76$0.42
2018Detailed filing. Detailed filing data is available for this year.$1.02$0.12$0.90$3.59$2.95$0.63
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.29$0.27$2.81$2.87$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.03$0.32$1.89$2.12$0.23
2015Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.56$0.00$0.55