Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
990 • Fiscal year 2024 • EIN 81-2700759
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 5.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Assets
Up$17,252,069
Up $6,177,841 (+56%) from 2023
Net Assets
Up$606,692
Up $524,684 (+640%) from 2023
Liabilities
Up$16,645,377
Up $5,653,157 (+51%) from 2023
Revenue
Up$4,926,179
Up $943,152 (+24%) from 2023
Expenses
Up$4,401,495
Up $525,760 (+14%) from 2023
Net Income
Up$524,684
Up $417,392 (+389%) from 2023
Independence classical academy exists to provide a disciplined and highly engaging learning environment rich in scholarship, character building, citizenship, moral virtue, civics, and liberal arts. This time-tested, classical liberal arts education will ensure students are highly prepared, through rigorous and relevant core content with an emphasis on literacy, to be highly productive and successful citizens with a strong sense of character and civic responsibility.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,725,997 | $16,523,293 | ▲ $5,797,296 |
| Cash and Non-Interest-Bearing Accounts | $289,908 | $538,844 | ▲ $248,936 |
| Rtn Earn Endowment Incm Other Fnds | $48,778 | $393,781 | ▲ $345,003 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $33,230 | $212,911 | ▲ $179,681 |
| Pledges and Grants Receivable | $10,612 | $156,999 | ▲ $146,387 |
| Prepaid Expenses and Deferred Charges | $47,711 | $32,933 | ▼ $14,778 |
| Total Assets | $11,074,228 | $17,252,069 | ▲ $6,177,841 |
| Liabilities | |||
| Other Liabilities | $10,682,385 | $16,300,000 | ▲ $5,617,615 |
| Accounts Payable and Accrued Expenses | $224,453 | $263,460 | ▲ $39,007 |
| Mortgage Notes Payable Secured by Investment Property | $85,382 | $81,917 | ▼ $3,465 |
| Total Liabilities | $10,992,220 | $16,645,377 | ▲ $5,653,157 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $82,008 | $606,692 | ▲ $524,684 |
| Total Liabilities and Net Assets / Fund Balance | $11,074,228 | $17,252,069 | ▲ $6,177,841 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $16,300,000 | $0 | - |
| Equipment | $31,700 | $40,574 | - |
| Leasehold Improvements | $191,593 | $13,495 | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Sandy Howard | Executive Director | FT | $245,000 | $245,000 |
| Sandy Howard | - | - | $245,000 | $245,000 |
| Name | Title |
|---|---|
| Clay Becton | Board Chair |
| Carlo Frade Jr | Vice Chair |
| Cathy Townsend | Founder/member |
| Jason Revels | Secretary |
| Lance Poole | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| East Mountain Commercial | Facility Lease | 775 WEST 1200 NORTH STE 100, Springville, UT 84663 | $784,616 |
| School Financial Services | Accounting | PO BOX 250, Bonify, FL 32425 | $113,088 |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,401,495 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $1,359,148 | $0 | $0 | $1,359,148 |
| Interest | $569,674 | $0 | $0 | $569,674 |
| Depreciation Depletion | $242,497 | $0 | $0 | $242,497 |
| Other Expenses | $0 | $135,431 | $0 | $135,431 |
| Total Functional Expenses | $4,266,064 | $135,431 | $0 | $4,401,495 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,401,495 |
| Total Expenses per Audited Statements | $4,401,495 |
| Total Expenses per Form 990 | $4,401,495 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Long-term Lease Payable | $16,300,000 |
“A draft copy of the 990 is provided to the region director for review prior to filing with the irs.”
“At each board meeting, the agenda is notated to remind board members to recuse from voting on any item that may be a conflict of interest.”
“The executive director is paid in accordance with the school districts pay scale.”
“School administration 748775. 748775. 0. 0.”
“Fiscal services 113088. 113088. 0. 0.”
“Operation of plant 407086. 407086. 0. 0.”
“Maintenance of plant 10162. 10162. 0. 0.”
“Community services 61564. 61564. 0. 0.”
“Instructional media 17697. 17697. 0. 0.”
“Instructional staff training 617. 617. 0. 0.”
“Food service 159. 159. 0. 0.”
“The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 224453 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 263460 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Independence Classical Academy exists to provide a disciplined and highly engaging learning environment rich in scholarship, character building, citizenship, moral virtue, civics, and liberal arts. This time-tested, classical liberal arts education will ensure students are highly prepared, through rigorous and relevant core content with an emphasis on literacy, to be highly productive and successful citizens with a strong sense of character and civic responsibility. |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1359148 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1359148 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SCHOOL FINANCIAL SERVICES |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8505474566 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 54 SOUTH MARTIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BONIFAY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32425 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 289908 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 538844 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 784616 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 113088 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 775 WEST 1200 NORTH STE 100 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | PO BOX 250 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | SPRINGVILLE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | BONIFY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | UT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | FL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 84663 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 32425 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | EAST MOUNTAIN COMMERCIAL |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | SCHOOL FINANCIAL SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | FACILITY LEASE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | ACCOUNTING |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 4401495 |
| IRS990/CYOtherRevenueAmt | 0 | 560310 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 4365869 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 524684 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 4401495 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4926179 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 242497 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 242497 |
| IRS990/Desc | 0 | Independence Classical Academy exists to provide a disciplined and highly engaging learning environment rich in scholarship, character building, citizenship, moral virtue, civics, and liberal arts. This time-tested, classical liberal arts education will ensure students are highly prepared, through rigorous and relevant core content with an emphasis on literacy, to be highly productive and successful citizens with a strong sense of character and civic responsibility. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 89 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 4266064 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CLAY BECTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CARLO FRADE JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CATHY TOWNSEND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JASON REVELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LANCE POOLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SANDY HOWARD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 245000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | FOUNDER/MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 4926179 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/FundraisingAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 569674 |
| IRS990/InterestGrp/TotalAmt | 0 | 569674 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 54069 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 10725997 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 16523293 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 16577362 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Independence Classical Academy exists to provide a disciplined and highly engaging learning environment rich in scholarship, character building, citizenship, moral virtue, civics, and liberal arts. This time-tested, classical liberal arts education will ensure students are highly prepared, through rigorous and relevant core content with an emphasis on literacy, to be highly productive and successful citizens with a strong sense of character and civic responsibility. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 85382 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 81917 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 82008 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 606692 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | INSTRUCTION |
| IRS990/OtherExpensesGrp/Desc | 1 | STUDENT SUPPORT SERVICES |
| IRS990/OtherExpensesGrp/Desc | 2 | INSTRUCTIONAL RELATED TECHNOLOGY |
| IRS990/OtherExpensesGrp/Desc | 3 | BOARD |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 135431 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2043139 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 42074 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 9532 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2043139 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 42074 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 9532 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 135431 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 10682385 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 16300000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER LOCAL |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 560310 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 560310 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 560310 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 33230 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 212911 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 10612 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 156999 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 47711 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 32933 |
| IRS990/PrincipalOfficerNm | 0 | CLAY BECTON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | FTE - PER STUDENT FUNDING |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEDERAL FUNDING |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | CHILDCARE |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 3941756 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 361903 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 62210 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 175000 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 3875735 |
| IRS990/PYOtherRevenueAmt | 0 | 163313 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3644714 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 107292 |
| IRS990/PYTotalExpensesAmt | 0 | 3875735 |
| IRS990/PYTotalRevenueAmt | 0 | 3983027 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 524684 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 4926179 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 48778 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 393781 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31700 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 40574 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 72274 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4401495 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 191593 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 13495 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 205088 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 16300000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 16300000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 16300000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | LONG-TERM LEASE PAYABLE |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 4926179 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt X, Line 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 16523293 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4401495 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 16300000 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 4926179 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 4926179 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4401495 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE CHARTER SCHOOL ORGANIZATION SPECIFICALLY STATES ITS NONDISCRIMINATORY POLICY ON THE WEBSITE, NOTICES, AND ALL OF THE PUBLIC ADVERTISEMENTS PUBLISHED BY THE RESPECTIVE SCHOOL BOARD. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE CHARTER SCHOOL RECEIVES GRANTS FROM THEIR COUNTY SCHOOL BOARD. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Line 6b |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 245000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | SANDY HOWARD |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 245000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A DRAFT COPY OF THE 990 IS PROVIDED TO THE REGION DIRECTOR FOR REVIEW PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AT EACH BOARD MEETING, THE AGENDA IS NOTATED TO REMIND BOARD MEMBERS TO RECUSE FROM VOTING ON ANY ITEM THAT MAY BE A CONFLICT OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE EXECUTIVE DIRECTOR IS PAID IN ACCORDANCE WITH THE SCHOOL DISTRICTS PAY SCALE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SCHOOL ADMINISTRATION 748775. 748775. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FISCAL SERVICES 113088. 113088. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OPERATION OF PLANT 407086. 407086. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MAINTENANCE OF PLANT 10162. 10162. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | COMMUNITY SERVICES 61564. 61564. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | INSTRUCTIONAL MEDIA 17697. 17697. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | INSTRUCTIONAL STAFF TRAINING 617. 617. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | FOOD SERVICE 159. 159. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | INDEPENDENCE CLASSICAL ACADEMY INC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | FREEDOM CHARTER PROPERTY HOLDINGS LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 16305610 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | FL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | BOND/FACILITY LEASE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 0 | 5610 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 0 | 2902 S JENKINS ROAD |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 0 | Fort Pierce |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 0 | 34981 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 11074228 |
| IRS990/TotalAssetsEOYAmt | 0 | 17252069 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 11074228 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 17252069 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalEmployeeCnt | 0 | 89 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 135431 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 4266064 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 4401495 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 10992220 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 16645377 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 10992220 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 16645377 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 82008 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 606692 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 4266064 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 4365869 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 245000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4926179 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 4926179 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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