Civic Intelligence

Marion Charter School Inc.

990 • Fiscal year 2016 • EIN 59-3635759

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

Organization Profilewww.edline.net/pages/marion_charter_school
39 Cedar RoadOcala, FL 34472

(352) 687-2100

Siviq Scores

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

Liabilities / Assets

55th percentile

0.13x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.11x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$96,641

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

73rd percentile

11%

Faster asset growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.3%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$1,243,533

Up $121,830 (+11%) from 2015

Net Assets

Up

$1,078,652

Up $188,041 (+21%) from 2015

Liabilities

Down

$164,881

Down $66,211 (-29%) from 2015

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin70th percentile

Revenue

Up

$1,525,402

Up $130,111 (+9.3%) from 2015

Expenses

Up

$1,361,174

Up $103,824 (+8.3%) from 2015

Net Income

Up

$164,228

Up $26,287 (+19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,106,742Liabilities 2011: $503,800Net Assets 2011: $602,9422011Assets 2012: $890,082Liabilities 2012: $376,346Net Assets 2012: $513,7362012Assets 2013: $893,252Liabilities 2013: $327,442Net Assets 2013: $565,8102013Assets 2014: $1,006,011Liabilities 2014: $281,673Net Assets 2014: $724,3382014Assets 2015: $1,121,703Liabilities 2015: $231,092Net Assets 2015: $890,6112015Assets 2016: $1,243,533Liabilities 2016: $164,881Net Assets 2016: $1,078,6522016Assets 2017: $1,298,848Liabilities 2017: $110,042Net Assets 2017: $1,188,8062017Assets 2018: $1,218,470Liabilities 2018: $64,597Net Assets 2018: $1,153,8732018Assets 2019: $1,161,071Liabilities 2019: $18,401Net Assets 2019: $1,142,6702019Assets 2020: $1,124,430Liabilities 2020: $20,301Net Assets 2020: $1,104,1292020Assets 2021: $1,043,313Liabilities 2021: $23,119Net Assets 2021: $1,020,1942021Assets 2022: $1,274,689Liabilities 2022: $24,863Net Assets 2022: $1,249,8262022Assets 2023: $1,116,687Liabilities 2023: $8,694Net Assets 2023: $1,107,9932023Assets 2024: $2,221,345Liabilities 2024: $17,698Net Assets 2024: $2,203,6472024Assets 2025: $2,415,580Liabilities 2025: $9,443Net Assets 2025: $2,406,1372025

Highlighted filing

2016

Assets$1,243,533
Liabilities$164,881
Net Assets$1,078,652
Open 2016 Filing

Operations Trend

Revenue Growth64th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,470,7162011Expenses 2012: $1,216,9752012Revenue 2013: $1,146,149Expenses 2013: $1,107,440Net Income 2013: $38,7092013Revenue 2014: $1,362,047Expenses 2014: $1,221,631Net Income 2014: $140,4162014Revenue 2015: $1,395,291Expenses 2015: $1,257,350Net Income 2015: $137,9412015Revenue 2016: $1,525,402Expenses 2016: $1,361,174Net Income 2016: $164,2282016Revenue 2017: $1,601,333Expenses 2017: $1,515,175Net Income 2017: $86,1582017Revenue 2018: $1,566,527Expenses 2018: $1,676,891Net Income 2018: -$110,3642018Revenue 2019: $1,720,366Expenses 2019: $1,691,980Net Income 2019: $28,3862019Revenue 2020: $1,724,144Expenses 2020: $1,700,405Net Income 2020: $23,7392020Revenue 2021: $1,823,085Expenses 2021: $1,817,078Net Income 2021: $6,0072021Revenue 2022: $2,101,362Expenses 2022: $1,839,560Net Income 2022: $261,8022022Revenue 2023: $1,928,212Expenses 2023: $2,026,832Net Income 2023: -$98,6202023Revenue 2024: $3,336,591Expenses 2024: $2,198,093Net Income 2024: $1,138,4982024Revenue 2025: $2,503,031Expenses 2025: $2,277,950Net Income 2025: $225,0812025

Highlighted filing

2016

Revenue$1,525,402
Expenses$1,361,174
Net Income$164,228
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 3, 2016
Return Version
2015v3.0
Gross Receipts
$1,525,402
Mission and Program Overview

Mission

EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$725,704$695,445▼ $30,259
Cash and Non-Interest-Bearing Accounts$380,221$532,218▲ $151,997
Accounts Receivable$6,213$6,777▲ $564
Savings and Temporary Cash Investments$6,137$6,138▲ $1
Total Assets$1,121,703$1,243,533▲ $121,830
Other Assets Total$3,428$2,955▼ $473
Liabilities
Unsecured Notes Loans Payable$217,593$163,521▼ $54,072
Accounts Payable and Accrued Expenses$13,499$1,360▼ $12,139
Total Liabilities$231,092$164,881▼ $66,211
Net Assets / Fund Balance
Unrestricted Net Assets$382,500$545,205▲ $162,705
Permanently Rstr Net Assets$508,111$531,924▲ $23,813
Temporarily Rstr Net Assets-$1,523-
Total Net Assets Fund Balance$890,611$1,078,652▲ $188,041
Total Liabilities and Net Assets / Fund Balance$1,121,703$1,243,533▲ $121,830

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$432,463$292,744-
Other Land Buildings$6,854$10,642-
Land$248,319--
Equipment$7,809$56,005-
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle AxsonBoard MemberFT$86,331$10,310$96,641

Board Members and Trustees

NameTitle
Kelley SpearsChairman
Gina EversChairman/Director
Dawn CoquillardBoard Member
Rodney PhillipsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,458,911
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$66,490
All Other Contributions
$2,460
Change in Net Assets
$164,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,525,402
Total Revenue per Audited Statements
$1,525,402
Total Revenue per Form 990
$1,525,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,125,652
Other Expenses$235,522
Total Fundraising Expense$3,927
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$719,409$84,808$0$804,217
Current Officers, Directors, Trustees, and Key Employees$0$86,594$0$86,594
Payroll Taxes$69,571$15,865$0$85,436
Other Employee Benefits$73,841$9,515$0$83,356
Pension Plan Contributions$52,207$13,842$0$66,049
Other Expenses$0$54,072$0$54,072
Office Expenses$17,550$18,104$3,927$39,581
Occupancy$0$35,142$0$35,142
Fees for Services Accounting$0$27,460$0$27,460
Fees for Services Other$21,910$5,256$0$27,166
Insurance$5,831$16,070$0$21,901
Interest$0$9,715$0$9,715
Travel$0$421$0$421
Total Functional Expenses$976,663$380,584$3,927$1,361,174

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,361,174
Expenses per Audited Statements$1,307,102
Total Expenses per Audited Statements$1,305,079
Expenses Not Reported on Financial Statements$54,072
Other Expense Adjustments$54,072
Expenses Not Reported on Form 990$-2,023
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
Yes
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, Line 9

“Gina evers 3839 se 45th pl ocala fl 34480”

Form 990, Part VI, Line 9

“Kelley spears 1315 se 40th terrace ocala fl 34471”

Form 990, Part VI, Line 9

“Rodney phillips 9611 bahia rd ocala fl 34472”

Form 990, Part VI, Line 9

“Michelle axson 17901 ne 18th avenue citra fl 32113”

Form 990, Part VI, Line 9

“Dawn coquillard 2402 se 29th st ocala fl 34471”

Filing and Contact Details

Filer

Filer Name
Marion Charter School Inc
EIN
59-3635759
Phone
3526872100
Address
39 CEDAR ROAD, OCALA, FL 34472

Signing Officer

Name
Michelle Axson
Title
Director
Phone
3526872100
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Axson
Formed
2000
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
28
Volunteers
85

Preparer

Firm
Sharon C Brannan CPA Pa
Address
161 N MAIN STREET, WILLISTON, FL 32696
Preparer
Sharon C Brannan
Phone
3525286558
Supplemental Narrative

Additional Explanations

Pt XI

“Line 9: current year expenditures for capital assets and principal payments are included in expenses but has no effect on net position”

Pt XI

“lINE 9: CURRENT YEAR DEPRECIATION EXP IS NOT INCLUDED IN EXPENSES BUT DOES HAVE IMPACT ON NET POSITION”

Pt VI, Line 11B

“Each voting member of the organization's governing body is given a copy of form 990 prior to its filing with the irs. No review was or will be conducted.”

Pt VI, Line 12C

“All voting board members are instructed that they may not vote on any areas that could benefit them during the annual budget process and each circumstance where a specific contract for a large repair is considered. Board members must disclose if they have any relationship with a contractor being considered.there is also charter school law that prohibits them from hiring family members.”

Pt VI, Line 15A

“For the director the process uses the school district's salary schedule. Because the director's roles have supplemental duties, adjustments are made to the schedule amounts.the board votes on the proposed salaries”

Pt XII, Line 1

“Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting”

Financial Statement Notes

Pt XII, Line 2D

“Governemntal funds report capital outlay as expenditures. However in the audited statement of activities, the cost of those assets is depreciated over their useful lives”

Pt XII, Line 2D

“Accounting for the school's participation in the florida retirement system”

Pt XII, Line 4B

“Repayment of principal is an expenditure in the governmental funds, but has no effect on the audited net position”

Raw XML AppendixShowing 400 of 424 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013499
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01360
IRS990/AccountsReceivableGrp/BOYAmt06213
IRS990/AccountsReceivableGrp/EOYAmt06777
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATION
IRS990/AllOtherContributionsAmt02460
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHELLE AXESON
IRS990/BooksInCareOfDetail/PhoneNum03526872100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03839 SE 45TH PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0OCALA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034480
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0380221
IRS990/CashNonInterestBearingGrp/EOYAmt0532218
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt086594
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt086594
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt03219
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01458911
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt0235522
IRS990/CYOtherRevenueAmt066490
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0164228
IRS990/CYSalariesCompEmpBnftPaidAmt01125652
IRS990/CYTotalExpensesAmt01361174
IRS990/CYTotalFundraisingExpenseAmt03927
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01525402
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0MARION CHARTER SCHOOL PROVIDES A DEVELOPMENTAL GENERAL EDUCATION CURRICULUM FOR STUDENTS IN GRADES K THRU 5. EMPHASIS IS PLACED ON INDIVIDUAL EDUCATION PLANS AND THE FOSTERING OF COMMUNITY SERVICE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0976663
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt027460
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt027460
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05256
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt021910
IRS990/FeesForServicesOtherGrp/TotalAmt027166
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310310
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0GINA EVERS
IRS990/Form990PartVIISectionAGrp/PersonNm1RODNEY PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm2KELLEY SPEARS
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHELLE AXSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DAWN COQUILLARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt386331
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt03219
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt01453232
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01525402
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt016070
IRS990/InsuranceGrp/ProgramServicesAmt05831
IRS990/InsuranceGrp/TotalAmt021901
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt09715
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt09715
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0359391
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0725704
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0695445
IRS990/LandBldgEquipCostOrOtherBssAmt01054836
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt066490
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt066490
IRS990/MissionDesc0EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0890611
IRS990/NetAssetsOrFundBalancesEOYAmt01078652
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt035142
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt035142
IRS990/OfficeExpensesGrp/FundraisingAmt03927
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018104
IRS990/OfficeExpensesGrp/ProgramServicesAmt017550
IRS990/OfficeExpensesGrp/TotalAmt039581
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03428
IRS990/OtherAssetsTotalGrp/EOYAmt02955
IRS990/OtherChangesInNetAssetsAmt023813
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09515
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt073841
IRS990/OtherEmployeeBenefitsGrp/TotalAmt083356
IRS990/OtherExpensesGrp/Desc0FIELD TRIP EXPENSE
IRS990/OtherExpensesGrp/Desc1BLDG/FURN/FIXTURE/EQUIP
IRS990/OtherExpensesGrp/Desc2DEBT RETIREMENT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13720
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt254072
IRS990/OtherExpensesGrp/ProgramServicesAmt014312
IRS990/OtherExpensesGrp/ProgramServicesAmt12032
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt014312
IRS990/OtherExpensesGrp/TotalAmt15752
IRS990/OtherExpensesGrp/TotalAmt254072
IRS990/OtherRevenueTotalAmt066490
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084808
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0719409
IRS990/OtherSalariesAndWagesGrp/TotalAmt0804217
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015865
IRS990/PayrollTaxesGrp/ProgramServicesAmt069571
IRS990/PayrollTaxesGrp/TotalAmt085436
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013842
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt052207
IRS990/PensionPlanContributionsGrp/TotalAmt066049
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0508111
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0531924
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHELLE AXSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01330801
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0236702
IRS990/PYOtherRevenueAmt064489
IRS990/PYRevenuesLessExpensesAmt0137941
IRS990/PYSalariesCompEmpBnftPaidAmt01020648
IRS990/PYTotalExpensesAmt01257350
IRS990/PYTotalRevenueAmt01395291
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0164228
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01525402
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06137
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06138
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/BookValueAmt0432463
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0292744
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0725207
IRS990ScheduleD/EquipmentGrp/BookValueAmt07809
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056005
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt063814
IRS990ScheduleD/ExpensesNotReportedAmt0-2023
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt054072
IRS990ScheduleD/ExpensesSubtotalAmt01307102
IRS990ScheduleD/LandGrp/BookValueAmt0248319
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0248319
IRS990ScheduleD/OtherExpensesIncludedAmt0-2023
IRS990ScheduleD/OtherExpensesNotIncludedAmt054072
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010642
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt017496
IRS990ScheduleD/RevenueSubtotalAmt01525402
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GOVERNEMNTAL FUNDS REPORT CAPITAL OUTLAY AS EXPENDITURES. HOWEVER IN THE AUDITED STATEMENT OF ACTIVITIES, THE COST OF THOSE ASSETS IS DEPRECIATED OVER THEIR USEFUL LIVES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING FOR THE SCHOOL'S PARTICIPATION IN THE FLORIDA RETIREMENT SYSTEM
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REPAYMENT OF PRINCIPAL IS AN EXPENDITURE IN THE GOVERNMENTAL FUNDS, BUT HAS NO EFFECT ON THE AUDITED NET POSITION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0695445
IRS990ScheduleD/TotalExpensesPerForm990Amt01361174
IRS990ScheduleD/TotalRevenuePerForm990Amt01525402
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01525402
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01305079
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/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS STATED SPECIFICALLY IN THE SCHOOL'S CHARTER AND IN ITS BYLAWS WHICH ARE BOTH AVAILABLE FOR PUBLIC INSPECTION AT THE SCHOOL, AND THE COUNTY SCHOOL BOARD OFFICE. SEE EXPLANATION ON LINE # 3
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NORMAL FUNDING FROM THE MARION COUNTY SCHOOL BOARD IS USED TO FUND MOST ACIVITIES OF THE SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 9: CURRENT YEAR EXPENDITURES FOR CAPITAL ASSETS AND PRINCIPAL PAYMENTS ARE INCLUDED IN EXPENSES BUT HAS NO EFFECT ON NET POSITION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1lINE 9: CURRENT YEAR DEPRECIATION EXP IS NOT INCLUDED IN EXPENSES BUT DOES HAVE IMPACT ON NET POSITION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY IS GIVEN A COPY OF FORM 990 PRIOR TO ITS FILING WITH THE IRS. NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL VOTING BOARD MEMBERS ARE INSTRUCTED THAT THEY MAY NOT VOTE ON ANY AREAS THAT COULD BENEFIT THEM DURING THE ANNUAL BUDGET PROCESS AND EACH CIRCUMSTANCE WHERE A SPECIFIC CONTRACT FOR A LARGE REPAIR IS CONSIDERED. BOARD MEMBERS MUST DISCLOSE IF THEY HAVE ANY RELATIONSHIP WITH A CONTRACTOR BEING CONSIDERED.THERE IS ALSO CHARTER SCHOOL LAW THAT PROHIBITS THEM FROM HIRING FAMILY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR THE DIRECTOR THE PROCESS USES THE SCHOOL DISTRICT'S SALARY SCHEDULE. BECAUSE THE DIRECTOR'S ROLES HAVE SUPPLEMENTAL DUTIES, ADJUSTMENTS ARE MADE TO THE SCHEDULE AMOUNTS.THE BOARD VOTES ON THE PROPOSED SALARIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNMENTAL FUND FINANCIAL STATEMENTS ARE REPORTED USING THE CURRENT FINANCIAL RESOURCES MEASUREMENT FOCUS AND THE MODIFIED ACCRUAL BASIS OF ACCOUNTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GINA EVERS 3839 SE 45TH PL OCALA FL 34480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7KELLEY SPEARS 1315 SE 40TH TERRACE OCALA FL 34471
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8RODNEY PHILLIPS 9611 BAHIA RD OCALA FL 34472
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MICHELLE AXSON 17901 NE 18TH AVENUE CITRA FL 32113
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DAWN COQUILLARD 2402 SE 29TH ST OCALA FL 34471
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part VI, Line 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01523
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01121703
IRS990/TotalAssetsEOYAmt01243533
IRS990/TotalAssetsGrp/BOYAmt01121703
IRS990/TotalAssetsGrp/EOYAmt01243533
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01458911
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03927
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0380584
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0976663
IRS990/TotalFunctionalExpensesGrp/TotalAmt01361174
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0231092
IRS990/TotalLiabilitiesEOYAmt0164881
IRS990/TotalLiabilitiesGrp/BOYAmt0231092
IRS990/TotalLiabilitiesGrp/EOYAmt0164881
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0890611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01078652
IRS990/TotalOtherCompensationAmt010310
IRS990/TotalProgramServiceExpensesAmt0976663
IRS990/TotalReportableCompFromOrgAmt086331
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt066491
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01525402
IRS990/TotalVolunteersCnt085
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01121703
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01243533
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0421
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0421
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0382500
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0545205
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0217593
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0163521
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017901 NE 18TH AVE
IRS990/USAddress/CityNm0CITRA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032113
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.edline.net/pages/marion_charter_school
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE AXSON

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,243,533
Liabilities
$164,881
Net assets
$1,078,652
Revenue
$1,525,402
Expenses
$1,361,174
Net income
$164,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.01$2.41$2.50$2.28$0.23
2024Detailed filing. Detailed filing data is available for this year.$2.22$0.02$2.20$3.34$2.20$1.14
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.11$1.93$2.03$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.02$1.25$2.10$1.84$0.26
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.02$1.82$1.82$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.02$1.10$1.72$1.70$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$1.72$1.69$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.22$0.06$1.15$1.57$1.68$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.30$0.11$1.19$1.60$1.52$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.24$0.16$1.08$1.53$1.36$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.23$0.89$1.40$1.26$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.28$0.72$1.36$1.22$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.33$0.57$1.15$1.11$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.38$0.51$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.50$0.60$1.47