Civic Intelligence

University Preparatory Academy Palm Beach Inc.

990 • Fiscal year 2019 • EIN 81-3361336

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 31, 2020

Organization ProfileWWW.PALMBEACH.UPAFLORIDA.ORG
2101 North Australian AvenueWest Palm Beach, FL 33407

(561) 670-1138

Siviq Scores

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

Liabilities / Assets

89th percentile

0.83x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.23x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

29th percentile

-3.8%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

74th percentile

$113,400

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

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

Asset Growth

13th percentile

-8.6%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$728,228

Down $68,397 (-8.6%) from 2018

Net Assets

Down

$120,848

Down $101,799 (-46%) from 2018

Liabilities

Up

$607,380

Up $33,402 (+5.8%) from 2018

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin29th percentile

Revenue

Up

$2,655,996

Up $263,909 (+11%) from 2018

Expenses

Up

$2,757,795

Up $376,643 (+16%) from 2018

Net Income

Down

-$101,799

Down $112,734 (-1031%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2017: $953,812Liabilities 2017: $742,100Net Assets 2017: $211,7122017Assets 2018: $796,625Liabilities 2018: $573,978Net Assets 2018: $222,6472018Assets 2019: $728,228Liabilities 2019: $607,380Net Assets 2019: $120,8482019Assets 2020: $934,733Liabilities 2020: $864,346Net Assets 2020: $70,3872020Assets 2021: $1,218,053Liabilities 2021: $604,594Net Assets 2021: $613,4592021Assets 2022: $5,963,234Liabilities 2022: $5,638,075Net Assets 2022: $325,1592022Assets 2023: $5,227,559Liabilities 2023: $5,419,107Net Assets 2023: -$191,5482023Assets 2024: $5,941,688Liabilities 2024: $5,213,655Net Assets 2024: $728,0332024Assets 2025: $1,148,286Liabilities 2025: $980,355Net Assets 2025: $167,9312025

Highlighted filing

2019

Assets$728,228
Liabilities$607,380
Net Assets$120,848
Open 2019 Filing

Operations Trend

Revenue Growth64th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $2,657,187Expenses 2017: $2,431,095Net Income 2017: $226,0922017Revenue 2018: $2,392,087Expenses 2018: $2,381,152Net Income 2018: $10,9352018Revenue 2019: $2,655,996Expenses 2019: $2,757,795Net Income 2019: -$101,7992019Revenue 2020: $3,165,366Expenses 2020: $3,215,827Net Income 2020: -$50,4612020Revenue 2021: $3,650,974Expenses 2021: $3,107,902Net Income 2021: $543,0722021Revenue 2022: $3,361,124Expenses 2022: $3,649,424Net Income 2022: -$288,3002022Revenue 2023: $3,506,841Expenses 2023: $4,023,548Net Income 2023: -$516,7072023Revenue 2024: $4,700,296Expenses 2024: $3,780,715Net Income 2024: $919,5812024Revenue 2025: $3,848,058Expenses 2025: $4,408,160Net Income 2025: -$560,1022025

Highlighted filing

2019

Revenue$2,655,996
Expenses$2,757,795
Net Income-$101,799
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 31, 2020
Return Version
2018v3.1
Gross Receipts
$2,666,396
Mission and Program Overview

Mission

The mission of university preparatory academy palm beach inc. Is to provide students with the academic, leadership and social skills that will enable them to attend and graduate from an institution of higher education.

The mission of university preparatory academy palm beach inc. Is to provide students with the academic, leadership and social skills that will enable them to attend and gruaduate from an institution of higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$477,267$443,848▼ $33,419
Savings and Temporary Cash Investments$100,000$146,000▲ $46,000
Rtn Earn Endowment Incm Other Fnds$222,647$120,848▼ $101,799
Accounts Receivable$75,000--
Prepaid Expenses and Deferred Charges$5,031$49,437▲ $44,406
Cash and Non-Interest-Bearing Accounts$59,145$12,947▼ $46,198
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$796,625$728,228▼ $68,397
Other Assets Total$80,182$75,996▼ $4,186
Liabilities
Unsecured Notes Loans Payable$387,050$315,000▼ $72,050
Accounts Payable and Accrued Expenses$119,384$218,823▲ $99,439
Other Liabilities$67,544$73,557▲ $6,013
Total Liabilities$573,978$607,380▲ $33,402
Net Assets / Fund Balance
Total Net Assets Fund Balance$222,647$120,848▼ $101,799
Total Liabilities and Net Assets / Fund Balance$796,625$728,228▼ $68,397

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$145,858$222,329$368,187
Equipment$154,261$124,728$278,989
Buildings$143,729$48,764$192,493
Other Assets Org$15,996--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Richard M LedgisterPrincipalFT$113,400$113,400

Board Members and Trustees

NameTitle
Melissa KlafterBoard Chair, Director
Anthony PolazziDirector
Casey MoyeDirector
Daryll CobbDirector
Jennifer Porter-smithDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Adp Total SourceEmployee Leasing10200 SUNSET DR, Miami, FL 33173$1,513,714
Building Hope Australian LLCFacility Leasing910 17TH STREET NW SUITE 1100, Washington, DC 20006$231,064
Revenue and Support

Revenue Composition

Contributions and Grants
$2,598,948
Program Service Revenue
$37,448
Investment Income
$3,630
Other Revenue
$15,970
All Other Contributions
$100,000
Change in Net Assets
$-101,799

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,655,996
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,655,996
Total Revenue per Form 990
$2,655,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,550,693
Other Expenses$1,207,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$998,027$281,443-$1,279,470
Occupancy$297,325--$297,325
Other Employee Benefits$207,044$53,604-$260,648
All Other Expenses$160,801$22,120-$182,921
Depreciation Depletion$136,810--$136,810
Fees for Services Management$85,500$42,750-$128,250
Other Expenses$73,593$94,277-$73,593
Insurance$47,156--$47,156
Fees for Services Other$30,032$3,914-$33,946
Advertising$17,040--$17,040
Fees for Services Accounting-$15,771-$15,771
Pension Plan Contributions$5,517$5,058-$10,575
Travel$6,930--$6,930
Fees for Services Legal-$32-$32
Total Functional Expenses$2,238,826$518,969$0$2,757,795

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,757,795
Total Expenses per Audited Statements$2,757,795
Total Expenses per Form 990$2,757,795
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,400
Fundraising Gross Income$10,303
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries and Related Benefits$73,557
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Academica broward llc, an educational service and support provider, provides professional services and related support to public charter schools, including, but not limited to, academic support, facility development and compliance, human resource and payroll coordination, regulatory compliance, legal and corporate upkeep, bookkeeping and accounting, budgeting, financial reporting, and virtual education services.”

Form 990, Part VI, Section B, Line 11B

“The organization reviews the contents of the form 990 before submitting to the internal revenue service.”

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

“The organization requires that all officers and/or directors disclose any activity that may be a conflict of interest.”

Form 990, Part VI, Section B, Line 15

“During the determination of compensation of officers or key employees, the organization reviews the officer's contract, budget, and performance.”

Form 990, Part VI, Section C, Line 18

“This information is available to the public via www.guidestar.org.”

Form 990, Part VI, Section C, Line 19

“This information is available upon request.”

Filing and Contact Details

Filer

Filer Name
University Preparatory Academy Palm
EIN
81-3361336
Phone
5616701138
Address
2101 NORTH AUSTRALIAN AVENUE, WEST PALM BEACH, FL 33407

Signing Officer

Name
Melissa Klafter
Title
Board Chair
Phone
5616701138
Signed
2020-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Klafter
Formed
2016
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
46
Volunteers
131

Preparer

Firm
Hlb Gravier Llp
Address
396 ALHAMBRA CIRCLE SUITE 900, CORAL GABLES, FL 33134-5095
Preparer
Leonardo D Gravier
Phone
3054463022
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has not changed its overshight process or selection process during the tax year.”

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

“University preparatory academy palm beach, inc. 2101 north australian avenue west palm beach, fl 33407 employer identification number: 81-3361336 for the year ending june 30th, 2019 university preparatory academy palm beach, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

Section 1.263(A)-3(N) Election

“University preparatory academy palm beach, inc. 2101 north australian avenue west palm beach, fl 33407 employer identification number: 81-3361336 for the year ending june 30th, 2019 university preparatory academy palm beach, inc. Is electing to capitalize repair and maintenance costs under reg. Sec. 1.263(a)-3(n).”

Raw XML AppendixShowing 400 of 448 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.

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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0998027
IRS990/OtherSalariesAndWagesGrp/TotalAmt01279470
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05058
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05517
IRS990/PensionPlanContributionsGrp/TotalAmt010575
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05031
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049437
IRS990/PrincipalOfficerNm0MELISSA KLAFTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0FEES: OPERATION OF PLA
IRS990/ProgramServiceRevenueGrp/Desc1FEES: COMMUNITY SERVIC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17248
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17248
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02321159
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01538
IRS990/PYOtherExpensesAmt0970757
IRS990/PYOtherRevenueAmt041019
IRS990/PYProgramServiceRevenueAmt028371
IRS990/PYRevenuesLessExpensesAmt010935
IRS990/PYSalariesCompEmpBnftPaidAmt01410395
IRS990/PYTotalExpensesAmt02381152
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02392087
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-101799
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt057145
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0222647
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0120848
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0146000
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0143729
IRS990ScheduleD/BuildingsGrp/DepreciationAmt048764
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0192493
IRS990ScheduleD/EquipmentGrp/BookValueAmt0154261
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0124728
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0278989
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02757795
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt060000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt115996
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM OTHER GOVERNMENT AGENCIES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0145858
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0222329
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0368187
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt073557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALARIES AND RELATED BENEFITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02655996
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0443848
IRS990ScheduleD/TotalBookValueOtherAssetsAmt075996
IRS990ScheduleD/TotalExpensesPerForm990Amt02757795
IRS990ScheduleD/TotalLiabilityAmt073557
IRS990ScheduleD/TotalRevenuePerForm990Amt02655996
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02655996
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02757795
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A NON-DISCRIMINATORY STATEMENT IS INCLUDED IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES A NON-DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS PUBLISHED EACH YEAR, FOR THE LUNCH PROGRAM ON LOCAL NEWSPAPERS AND TV STATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOLS MAY RECEIVE SUPPORT FROM FEDERAL, STATE, AND COUNTY GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACADEMICA BROWARD LLC, AN EDUCATIONAL SERVICE AND SUPPORT PROVIDER, PROVIDES PROFESSIONAL SERVICES AND RELATED SUPPORT TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, ACADEMIC SUPPORT, FACILITY DEVELOPMENT AND COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP, BOOKKEEPING AND ACCOUNTING, BUDGETING, FINANCIAL REPORTING, AND VIRTUAL EDUCATION SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS THE CONTENTS OF THE FORM 990 BEFORE SUBMITTING TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES THAT ALL OFFICERS AND/OR DIRECTORS DISCLOSE ANY ACTIVITY THAT MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING THE DETERMINATION OF COMPENSATION OF OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS INFORMATION IS AVAILABLE TO THE PUBLIC VIA WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION HAS NOT CHANGED ITS OVERSHIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. 2101 NORTH AUSTRALIAN AVENUE WEST PALM BEACH, FL 33407 EMPLOYER IDENTIFICATION NUMBER: 81-3361336 FOR THE YEAR ENDING JUNE 30TH, 2019 UNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. 2101 NORTH AUSTRALIAN AVENUE WEST PALM BEACH, FL 33407 EMPLOYER IDENTIFICATION NUMBER: 81-3361336 FOR THE YEAR ENDING JUNE 30TH, 2019 UNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8SECTION 1.263(A)-3(N) ELECTION
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0796625
IRS990/TotalAssetsEOYAmt0728228
IRS990/TotalAssetsGrp/BOYAmt0796625
IRS990/TotalAssetsGrp/EOYAmt0728228
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02598948
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0518969
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02238826
IRS990/TotalFunctionalExpensesGrp/TotalAmt02757795
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0573978
IRS990/TotalLiabilitiesEOYAmt0607380
IRS990/TotalLiabilitiesGrp/BOYAmt0573978
IRS990/TotalLiabilitiesGrp/EOYAmt0607380
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0222647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0120848
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02238826
IRS990/TotalProgramServiceRevenueAmt037448
IRS990/TotalReportableCompFromOrgAmt0113400
IRS990/TotalRevenueGrp/ExclusionAmt0-97
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057145
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02655996
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0131
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0796625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0728228
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06930
IRS990/TravelGrp/TotalAmt06930
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$728,228
Liabilities
$607,380
Net assets
$120,848
Revenue
$2,655,996
Expenses
$2,757,795
Net income
-$101,799
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.15$0.98$0.17$3.85$4.41$0.56
2024Detailed filing. Detailed filing data is available for this year.$5.94$5.21$0.73$4.70$3.78$0.92
2023Detailed filing. Detailed filing data is available for this year.$5.23$5.42$0.19$3.51$4.02$0.52
2022Detailed filing. Detailed filing data is available for this year.$5.96$5.64$0.33$3.36$3.65$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.60$0.61$3.65$3.11$0.54
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.86$0.07$3.17$3.22$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.61$0.12$2.66$2.76$0.10
2018Summary only. Only limited summary data is available for this year.$0.80$0.57$0.22$2.39$2.38$0.01
2017Summary only. Only limited summary data is available for this year.$0.95$0.74$0.21$2.66$2.43$0.23