Civic Intelligence

Brevard Innovative Charter Schools Inc.

990 • Fiscal year 2016 • EIN 59-3578466

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 03, 2017

1301 Armstrong DriveTitusville, FL 32780

(321) 264-4000

Siviq Scores

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

Liabilities / Assets

86th percentile

0.78x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

1.27x

Higher debt load relative to revenue than 83% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

61st percentile

5.6%

Higher net margin than 61% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

27th percentile

$68,591

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

55th percentile

2.6%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

3.5%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$7,147,549

Up $182,649 (+2.6%) from 2015

Net Assets

Up

$1,566,753

Up $246,285 (+19%) from 2015

Liabilities

Down

$5,580,796

Down $63,636 (-1.1%) from 2015

Revenue

Up

$4,398,087

Up $147,202 (+3.5%) from 2015

Expenses

Up

$4,150,747

Up $101,944 (+2.5%) from 2015

Net Income

Up

$247,340

Up $45,258 (+22%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $6,200,253Liabilities 2010: $5,136,674Net Assets 2010: $1,063,5792010Assets 2011: $6,445,496Liabilities 2011: $5,103,925Net Assets 2011: $1,341,5712011Assets 2012: $7,384,499Liabilities 2012: $6,072,870Net Assets 2012: $1,311,6292012Assets 2013: $6,679,718Liabilities 2013: $5,743,045Net Assets 2013: $936,6732013Assets 2014: $6,823,548Liabilities 2014: $5,704,108Net Assets 2014: $1,119,4402014Assets 2015: $6,964,900Liabilities 2015: $5,644,432Net Assets 2015: $1,320,4682015Assets 2016: $7,147,549Liabilities 2016: $5,580,796Net Assets 2016: $1,566,7532016Assets 2017: $7,198,711Liabilities 2017: $5,644,454Net Assets 2017: $1,554,2572017Assets 2018: $7,267,426Liabilities 2018: $5,558,804Net Assets 2018: $1,708,6222018Assets 2019: $7,422,789Liabilities 2019: $5,521,682Net Assets 2019: $1,901,1072019Assets 2020: $7,325,124Liabilities 2020: $5,374,569Net Assets 2020: $1,950,5552020Assets 2021: $7,751,081Liabilities 2021: $5,473,410Net Assets 2021: $2,277,6712021Assets 2022: $7,922,291Liabilities 2022: $5,323,979Net Assets 2022: $2,598,3122022Assets 2023: $7,681,041Liabilities 2023: $7,681,041Net Assets 2023: $02023Assets 2024: $8,502,523Liabilities 2024: $3,968,047Net Assets 2024: $4,534,4762024

Highlighted filing

2016

Assets$7,147,549
Liabilities$5,580,796
Net Assets$1,566,753

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $3,219,3552010Expenses 2011: $3,402,0972011Expenses 2012: $3,659,9752012Revenue 2013: $3,783,086Expenses 2013: $3,727,965Net Income 2013: $55,1212013Revenue 2014: $4,120,334Expenses 2014: $3,936,513Net Income 2014: $183,8212014Revenue 2015: $4,250,885Expenses 2015: $4,048,803Net Income 2015: $202,0822015Revenue 2016: $4,398,087Expenses 2016: $4,150,747Net Income 2016: $247,3402016Revenue 2017: $4,372,341Expenses 2017: $4,229,319Net Income 2017: $143,0222017Revenue 2018: $4,509,028Expenses 2018: $4,339,869Net Income 2018: $169,1592018Revenue 2019: $4,748,405Expenses 2019: $4,558,204Net Income 2019: $190,2012019Revenue 2020: $4,690,372Expenses 2020: $4,640,924Net Income 2020: $49,4482020Revenue 2021: $5,025,770Expenses 2021: $4,698,654Net Income 2021: $327,1162021Revenue 2022: $5,539,596Expenses 2022: $5,217,743Net Income 2022: $321,8532022Revenue 2023: $6,717,440Expenses 2023: $5,875,297Net Income 2023: $842,1432023Revenue 2024: $7,293,104Expenses 2024: $6,203,366Net Income 2024: $1,089,7382024

Highlighted filing

2016

Revenue$4,398,087
Expenses$4,150,747
Net Income$247,340
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 3, 2017
Return Version
2015v3.0
Gross Receipts
$4,414,486
Mission and Program Overview

Mission

PK-8 EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,470,649$4,334,517▼ $136,132
Savings and Temporary Cash Investments$979,764$1,430,909▲ $451,145
Investments in Publicly Traded Securities$1,028,350$1,054,535▲ $26,185
Cash and Non-Interest-Bearing Accounts$445,993$283,236▼ $162,757
Accounts Receivable$35,564$34,916▼ $648
Prepaid Expenses and Deferred Charges$4,580$9,436▲ $4,856
Total Assets$6,964,900$7,147,549▲ $182,649
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,415,000$5,340,000▼ $75,000
Accounts Payable and Accrued Expenses$194,720$200,804▲ $6,084
Other Liabilities$34,712$39,992▲ $5,280
Total Liabilities$5,644,432$5,580,796▼ $63,636
Net Assets / Fund Balance
Unrestricted Net Assets$961,124$1,180,063▲ $218,939
Temporarily Rstr Net Assets$359,344$386,690▲ $27,346
Total Net Assets Fund Balance$1,320,468$1,566,753▲ $246,285
Total Liabilities and Net Assets / Fund Balance$6,964,900$7,147,549▲ $182,649

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,719,565$1,121,453$4,841,018
Land$496,140-$496,140
Equipment$105,822$174,296$280,118
Other Land Buildings$12,990$29,131$42,121
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICIA O'SULLIVANPrincipalFT$66,587$2,004$68,591

Board Members and Trustees

NameTitle
Gary BoyerPresident
James StamperDirector
Linda LopardoSecretary
Jackie FlynnTreasurer
Scott GaenickeVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$178,927
Program Service Revenue
$4,168,279
Investment Income
$2,281
Other Revenue
$48,600
All Other Contributions
$148,927
Change in Net Assets
$247,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,166,245
Revenue Not Reported on Financial Statements
$231,842
Revenue Not Reported on Form 990
$16,399
Other Revenue Adjustments
$231,842
Total Revenue per Audited Statements
$4,182,644
Total Revenue per Form 990
$4,398,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,897,401
Other Expenses$1,253,346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,107,205$225,429-$2,332,634
Occupancy$485,216$66,865-$552,081
Other Employee Benefits$235,962$39,038-$275,000
Office Expenses$234,337$28,671-$263,008
Payroll Taxes$157,830$26,112-$183,942
Depreciation Depletion$144,783$18,231-$163,014
Current Officers, Directors, Trustees, and Key Employees-$70,165-$70,165
Information Technology$69,698--$69,698
Insurance$55,904$7,692-$63,596
Pension Plan Contributions$32,326$3,334-$35,660
Fees for Services Accounting-$15,850-$15,850
Fees for Services Legal$10,652$1,762-$12,414
Other Expenses$9,027--$9,027
Travel$3,715--$3,715
Total Functional Expenses$3,647,598$503,149$0$4,150,747

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,150,747
Total Expenses per Audited Statements$3,936,359
Expenses per Audited Statements$3,918,905
Expenses Not Reported on Financial Statements$231,842
Other Expense Adjustments$231,842
Expenses Not Reported on Form 990$17,454
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$62,571
Fundraising Direct Expenses$16,399
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Harvest Fest$17,897$17,897$513$17,384
Friday Dress Do$14,075$14,075-$14,075
Total Events$57,591$57,591$15,328$42,263
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability for Compensated Absences$39,992
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

A draft copy of the form 990 and required schedules prepared by the school's cpa is reviewed by the principal and accountant, then is submitted to board members and the audit committee by email, requesting they review and submit questions and comments. The principal then obtains responses to those questions from the cpa. Board and audit committee members are invited to attend a meeting to discuss the draft return and discuss the questions, responses and comments and approve the return for filing.

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

An annual disclosure statement is circulated to officers and certain identified key employees, but disclosure is required whenever conflicts of interest may occur. Written notices of disclosures are filed with the principal. At meetings of the board of directors, all disclosures of real or apparent conflict of interest are noted for the record in the minutes.

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

The school principal has an annual perfomance review by the board of directors. Compensation is based on that evaluation and is determined by comparison with salaries for similar positions paid by the school district, with consideration given to budget constraints on salaries overall.

Form 990, Page 6, Part VI, Line 19

Governing documents, corporate policies, and financial statements are available upon request at the school's administrative office.

Filing and Contact Details

Filer

Filer Name
Brevard Innovative Charter Schools
EIN
59-3578466
Phone
3212644000
Address
1301 ARMSTRONG DRIVE, TITUSVILLE, FL 32780

Signing Officer

Name
PATRICIA O'SULLIVAN
Title
Principal
Phone
3212644000
Signed
2017-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
PATRICIA O'SULLIVAN
Formed
1999
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
100
Volunteers
1,150

Preparer

Firm
Lark Janes CPA LLC
Address
100 RIALTO PLACE STE 720, MELBOURNE, FL 32901-3002
Preparer
Lark Janes
Phone
3215411264
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

All families of students attending the school are required to volunteer in the classroom, at pto events, and/or at school.

Form 990, Part XI, Line 9

Special events expenses 16,399 charges for services -231,842 special events expense -16,399 book/tax depreciation difference -1,055 charges for services 231,842 total -1,055

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Special events expenses 16,399

Schedule D, Page 4, Part XI, Line 4B

Charges for services 231,842

Schedule D, Page 4, Part XII, Line 2D

Special events expense 16,399 book/tax depreciation difference 1,055

Schedule D, Page 4, Part XII, Line 4B

Charges for services 231,842

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1160614
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt271228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03936437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1160614
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt271228
IRS990/ProgSrvcAccomActy2Grp/Desc0BEFORE/AFTER PROGRAM - 62 ENROLLED PREK PROGRAM - 16 ENROLLED VPK PROGRAM - 48 ENROLLED
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0198324
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0231842
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128300
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01256
IRS990/PYOtherExpensesAmt01324102
IRS990/PYOtherRevenueAmt042551
IRS990/PYProgramServiceRevenueAmt04078778
IRS990/PYRevenuesLessExpensesAmt0202082
IRS990/PYSalariesCompEmpBnftPaidAmt02724701
IRS990/PYTotalExpensesAmt04048803
IRS990/PYTotalRevenueAmt04250885
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0247340
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03936437
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0979764
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01430909
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03719565
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01121453
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04841018
IRS990ScheduleD/EquipmentGrp/BookValueAmt0105822
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174296
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0280118
IRS990ScheduleD/ExpensesNotReportedAmt017454
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0231842
IRS990ScheduleD/ExpensesSubtotalAmt03918905
IRS990ScheduleD/LandGrp/BookValueAmt0496140
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0496140
IRS990ScheduleD/OtherExpensesIncludedAmt017454
IRS990ScheduleD/OtherExpensesNotIncludedAmt0231842
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012990
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029131
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039992
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITY FOR COMPENSATED ABSENCES
IRS990ScheduleD/OtherRevenueAmt016399
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0231842
IRS990ScheduleD/RevenueNotReportedAmt016399
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0231842
IRS990ScheduleD/RevenueSubtotalAmt04166245
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENTS EXPENSES 16,399
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHARGES FOR SERVICES 231,842
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS EXPENSE 16,399 BOOK/TAX DEPRECIATION DIFFERENCE 1,055
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3CHARGES FOR SERVICES 231,842
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04334517
IRS990ScheduleD/TotalExpensesPerForm990Amt04150747
IRS990ScheduleD/TotalLiabilityAmt039992
IRS990ScheduleD/TotalRevenuePerForm990Amt04398087
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04182644
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03936359
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/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PER ITS CHARTER SCHOOL CONTRACT WITH THE SCHOOL BOARD OF BREVARD COUNTY, BREVARD INNOVATIVE CHARTER SCHOOLS, INC., D/B/A SCULPTOR CHARTER SCHOOL, AGREES TO ADHERE TO A POLICY OF NONDISCRIMINATION IN EDUCATIONAL PROGRAMS/ACTIVITIES AND EMPLOY- MENT AND STRIVES AFFIRMATIVELY TO PROVIDE EQUAL OPPORTUNITY FOR ALL AS REQUIRED BY FEDERAL, STATE AND LOCAL LAWS. NOTIFICATION OF THIS POLICY IS INCLUDED IN ALL PUBLIC MEDIA INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FLORIDA DEPARTMENT OF EDUCATION PROVIDES FUNDING BASED ON FTE NUMBER OF STUDENTS. FUNDING FOR THE PERIOD ENDING JUNE 30, 2016 WAS 3,653,153. THE SCHOOL ALSO RECEIVED 172,692 IN CAPITAL OUTLAY, 24,769 FOR THE BEST & BRIGHTEST PROGRAM, AND 52,654 FOR SCHOOL RECOGNITION PROGRAM. ADDITIONALLY, THE SCHOOL RECEIVED 33,169 IN FEDERAL FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015328
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0830
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt013
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0843
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HARVEST FEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FRIDAY DRESS DO
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02737
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0492
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03229
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017897
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt014075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt025619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057591
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017897
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt014075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt025619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt057591
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042263
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0192
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0192
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt010551
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011064
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0513
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL FAMILIES OF STUDENTS ATTENDING THE SCHOOL ARE REQUIRED TO VOLUNTEER IN THE CLASSROOM, AT PTO EVENTS, AND/OR AT SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE FORM 990 AND REQUIRED SCHEDULES PREPARED BY THE SCHOOL'S CPA IS REVIEWED BY THE PRINCIPAL AND ACCOUNTANT, THEN IS SUBMITTED TO BOARD MEMBERS AND THE AUDIT COMMITTEE BY EMAIL, REQUESTING THEY REVIEW AND SUBMIT QUESTIONS AND COMMENTS. THE PRINCIPAL THEN OBTAINS RESPONSES TO THOSE QUESTIONS FROM THE CPA. BOARD AND AUDIT COMMITTEE MEMBERS ARE INVITED TO ATTEND A MEETING TO DISCUSS THE DRAFT RETURN AND DISCUSS THE QUESTIONS, RESPONSES AND COMMENTS AND APPROVE THE RETURN FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ANNUAL DISCLOSURE STATEMENT IS CIRCULATED TO OFFICERS AND CERTAIN IDENTIFIED KEY EMPLOYEES, BUT DISCLOSURE IS REQUIRED WHENEVER CONFLICTS OF INTEREST MAY OCCUR. WRITTEN NOTICES OF DISCLOSURES ARE FILED WITH THE PRINCIPAL. AT MEETINGS OF THE BOARD OF DIRECTORS, ALL DISCLOSURES OF REAL OR APPARENT CONFLICT OF INTEREST ARE NOTED FOR THE RECORD IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL PRINCIPAL HAS AN ANNUAL PERFOMANCE REVIEW BY THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON THAT EVALUATION AND IS DETERMINED BY COMPARISON WITH SALARIES FOR SIMILAR POSITIONS PAID BY THE SCHOOL DISTRICT, WITH CONSIDERATION GIVEN TO BUDGET CONSTRAINTS ON SALARIES OVERALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CORPORATE POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE SCHOOL'S ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SPECIAL EVENTS EXPENSES 16,399 CHARGES FOR SERVICES -231,842 SPECIAL EVENTS EXPENSE -16,399 BOOK/TAX DEPRECIATION DIFFERENCE -1,055 CHARGES FOR SERVICES 231,842 TOTAL -1,055
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0359344
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0386690
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06964900
IRS990/TotalAssetsEOYAmt07147549
IRS990/TotalAssetsGrp/BOYAmt06964900
IRS990/TotalAssetsGrp/EOYAmt07147549
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0178927
IRS990/TotalEmployeeCnt0100
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0503149
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03647598
IRS990/TotalFunctionalExpensesGrp/TotalAmt04150747
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05644432
IRS990/TotalLiabilitiesEOYAmt05580796
IRS990/TotalLiabilitiesGrp/BOYAmt05644432
IRS990/TotalLiabilitiesGrp/EOYAmt05580796
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01320468
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01566753
IRS990/TotalOtherCompensationAmt02004
IRS990/TotalProgramServiceExpensesAmt03647598
IRS990/TotalProgramServiceRevenueAmt04168279
IRS990/TotalReportableCompFromOrgAmt066587
IRS990/TotalRevenueGrp/ExclusionAmt050881
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04168279
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04398087
IRS990/TotalVolunteersCnt01150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06964900
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07147549

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.50$3.97$4.53$7.29$6.20$1.09
2023Detailed filing. Detailed filing data is available for this year.$7.68$7.68$0.00$6.72$5.88$0.84
2022Detailed filing. Detailed filing data is available for this year.$7.92$5.32$2.60$5.54$5.22$0.32
2021Detailed filing. Detailed filing data is available for this year.$7.75$5.47$2.28$5.03$4.70$0.33
2020Detailed filing. Detailed filing data is available for this year.$7.33$5.37$1.95$4.69$4.64$0.05
2019Detailed filing. Detailed filing data is available for this year.$7.42$5.52$1.90$4.75$4.56$0.19
2018Detailed filing. Detailed filing data is available for this year.$7.27$5.56$1.71$4.51$4.34$0.17
2017Detailed filing. Detailed filing data is available for this year.$7.20$5.64$1.55$4.37$4.23$0.14
2016Detailed filing. Detailed filing data is available for this year.$7.15$5.58$1.57$4.40$4.15$0.25
2015Detailed filing. Detailed filing data is available for this year.$6.96$5.64$1.32$4.25$4.05$0.20
2014Detailed filing. Detailed filing data is available for this year.$6.82$5.70$1.12$4.12$3.94$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.68$5.74$0.94$3.78$3.73$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$6.07$1.31$3.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$5.10$1.34$3.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$5.14$1.06$3.22