Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.00x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
82nd percentile
Faster revenue growth than 82% of similar nonprofits.
Balance Sheet
Assets
Up$8,847,407
Up $7,859,923 (+796%) from 2021
Net Assets
Up$9,264
Up $380,841 (+102%) from 2021
Liabilities
Up$8,838,143
Up $7,479,082 (+550%) from 2021
Revenue And Expenses
Revenue
Up$5,165,798
Up $1,523,894 (+42%) from 2021
Expenses
Up$4,784,957
Up $1,381,502 (+41%) from 2021
Net Income
Up$380,841
Up $142,392 (+60%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Oct 25, 2022
- Return Version
- 2021v4.1
- Gross Receipts
- $5,165,798
Mission and Program Overview
Mission
As a Charter School to provide academic excellence for all students through experience & self-discovery to develop motivated, independently thinking individuals who demonstrate exemplary character, social confidence & community service
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $313,864 | $7,660,338 | ▲ $7,346,474 |
| Cash and Non-Interest-Bearing Accounts | $589,079 | $979,713 | ▲ $390,634 |
| Savings and Temporary Cash Investments | $81,020 | $178,836 | ▲ $97,816 |
| Prepaid Expenses and Deferred Charges | $3,521 | - | - |
| Total Assets | $987,484 | $8,847,407 | ▲ $7,859,923 |
| Other Assets Total | - | $28,520 | - |
| Liabilities | |||
| Other Liabilities | $1,138,639 | $8,595,769 | ▲ $7,457,130 |
| Accounts Payable and Accrued Expenses | $220,422 | $242,374 | ▲ $21,952 |
| Total Liabilities | $1,359,061 | $8,838,143 | ▲ $7,479,082 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | - | $100,267 | - |
| Net Assets Without Donor Restrictions | $-371,577 | $-91,003 | ▲ $280,574 |
| Total Net Assets Fund Balance | $-371,577 | $9,264 | ▲ $380,841 |
| Total Liabilities and Net Assets / Fund Balance | $987,484 | $8,847,407 | ▲ $7,859,923 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $6,678,139 | $297,133 | $6,975,272 |
| Buildings | $370,696 | - | $370,696 |
| Land | $300,000 | - | $300,000 |
| Equipment | $163,724 | $89,041 | $252,765 |
| Leasehold Improvements | $147,779 | $63,311 | $211,090 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Mark McCabe | President |
| Helen Deitriech | Vice President |
| Mike Diaferio | Board Member |
| Adaer Carreno-Lopez | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $5,009,819
- Program Service Revenue
- $155,979
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $257,688
- Change in Net Assets
- $380,841
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $5,165,798
- Total Revenue per Audited Statements
- $5,165,798
- Total Revenue per Form 990
- $5,165,798
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $2,649,255 |
| Salaries, Compensation, and Employee Benefits | $2,135,702 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,833,403 | $0 | $0 | $1,833,403 |
| Fees for Services Management | $0 | $601,128 | $0 | $601,128 |
| Interest | $0 | $600,502 | $0 | $600,502 |
| Depreciation Depletion | $356,244 | $0 | $0 | $356,244 |
| Occupancy | $255,825 | $0 | $0 | $255,825 |
| Other Employee Benefits | $170,312 | $0 | $0 | $170,312 |
| Payroll Taxes | $131,987 | $0 | $0 | $131,987 |
| Information Technology | $78,660 | $49,725 | $0 | $128,385 |
| All Other Expenses | $21,071 | $61,832 | $0 | $82,903 |
| Other Expenses | $73,261 | $0 | $0 | $73,261 |
| Office Expenses | $63,002 | $0 | $0 | $63,002 |
| Insurance | $62,887 | $0 | $0 | $62,887 |
| Travel | $3,149 | $0 | $0 | $3,149 |
| Advertising | $2,977 | $0 | $0 | $2,977 |
| Total Functional Expenses | $3,471,770 | $1,313,187 | $0 | $4,784,957 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,784,957 |
| Total Expenses per Audited Statements | $4,784,957 |
| Total Expenses per Form 990 | $4,784,957 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
| Liability | Amount |
|---|---|
| Capitalized Lease Liability | $6,918,167 |
| Loan from Building Hope | $1,450,000 |
| Loan from Forza Education Management LLC | $227,602 |
| Loan PPP | $0 |
| Loan from Gulf Coast | $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Business relationship with 35% controlled entity
- No
- 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
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- Yes
Filing and Contact Details
Filer
- Filer Name
- Parrish Charter Academy Inc
- EIN
- 83-0852601
- Phone
- 9415456380
- Address
- 8605 Erie Road, Parrish, FL 34219
Signing Officer
- Name
- Mark McCabe
- Title
- President
- Phone
- 9415456380
- Signed
- 2022-10-25
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Mark McCabe
- Formed
- 2016
- Legal Domicile
- Fl
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 78
- Volunteers
- 0
Preparer
- Firm
- Mina Patterson Woltil CPA
- Address
- P O Box 1269, Indian Rocks Beach, FL 33785
- Preparer
- Mina P Woltil
- Phone
- 7275805429
Supplemental Narrative
Additional Explanations
Pt VI, Line 3
“The School maintains a management agreement with Forza Education Management LLC. (FORZA), a Florida limited liability company, to facilitate the continuation of the Academy by performing certain functions relating to the provision of educational services; the management and operation of the Academy in accordance with enrollment, age and grade level specifications for the Academy. This Agreement is renewable or cancellable on June 30 of each year. The Agreement also may be terminated with cause by either party upon a sixty-day notice of material breach, as defined in the contract.”
Pt VI, Line 7A
“Election of Members and Responsibilities. Article III, Section 4 of Bylaws. Board members shall be elected for three-year terms, except as necessary to establish staggered terms in the Corporation's first fiscal year operating as a charter school. Beginning in the first fiscal year the Corporation operates as a charter school, the initial Board members shall establish Board Classes by resolution to provide for Board terms to be staggered so that no more than approximately 1/3 of the Board shall be up for election in any year, unless a vacancy or vacancies need to be filled. The starting date and length of the terms of the initial Board members shall be as set forth in the Board Classes resolution.”
Pt VI, Line 7B
“Governance decisions. Members are charged with approval of charitable gifts, transfers, distributions and grants by the Corporation to other entities; adoption of an amendment to the Articles of Incorporation or to the Bylaws; organization of a subsidiary or affiliate by the Corporation; approval of any merger, consolidation or sale or transfer of all or a substantial part of the assets of the Corporation.”
Pt VI, Line 11B
“A draft copy of Form 990 is provided to the administration and the Board of Directors for their review. The Board President is then required to sign the approved Form 990 electronic filing authorization, Form 8879-EO.”
Pt VI, Line 15A
“Compensation Process for top management official. The Board of Directors approves the salary of the school administrator (Principal).”
Pt VI, Line 19
“Governing Documents Disclosure Explanation. A list of the members of the Board of Directors is maintained on the Organization's website: www.pcaedu.org.”
Raw XML AppendixShowing 400 of 406 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 220422 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 242374 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | As a Charter School to provide academic excellence for all students through experience & self-discovery to develop motivated, independently thinking individuals who demonstrate exemplary character, social confidence & community service |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 2977 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2977 |
| IRS990/AllOtherContributionsAmt | 0 | 257688 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 61832 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 21071 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 82903 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Parrish Charter Academy Inc |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9415456380 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15209 27th Court East |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Parrish |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 34219 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 589079 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 979713 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5009819 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 2649255 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 155979 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 380841 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2135702 |
| IRS990/CYTotalExpensesAmt | 0 | 4784957 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5165798 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 356244 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 356244 |
| IRS990/Desc | 0 | The organization is a charter school and component unit of the District School Board of Manatee County Florida. For the year ended June 30, 2022, there were approximately 489 students enrolled in grades Kindergarten through 6th grade. The organization accepts any kindergarten,elementary,middle school age child residing in Manatee County, Florida without regard to gender, race,national origin or disability. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 100267 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 78 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 3471770 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 601128 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 601128 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | 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/PersonNm | 0 | Mark McCabe |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Helen Deitriech |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Adaer Carreno-Lopez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Mike Diaferio |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2016 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GovernmentGrantsAmt | 0 | 4752131 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 5165798 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 49725 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 78660 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 128385 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 62887 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 62887 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 600502 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 600502 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 449485 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 313864 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7660338 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8109823 |
| 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 | As a Charter School to provide academic excellence for all students through experience & self-discovery to develop motivated, independently thinking individuals who demonstrate exemplary character, social confidence & community service |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -371577 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9264 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -371577 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -91003 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 255825 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 255825 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 63002 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 63002 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 28520 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 170312 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 170312 |
| IRS990/OtherExpensesGrp/Desc | 0 | Instruction - Materials & Supplies |
| IRS990/OtherExpensesGrp/Desc | 1 | Pupil Transportation |
| IRS990/OtherExpensesGrp/Desc | 2 | Food Services |
| IRS990/OtherExpensesGrp/Desc | 3 | District Admin Fee |
| 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 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 175622 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 14071 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 229299 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 73261 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 175622 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 14071 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 229299 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 73261 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1138639 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 8595769 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1833403 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1833403 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 131987 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 131987 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3521 |
| IRS990/PrincipalOfficerNm | 0 | Mark McCabe |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 923110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Charges for Services |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 155979 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 3549190 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 1801688 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 92714 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 238449 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1601767 |
| IRS990/PYTotalExpensesAmt | 0 | 3403455 |
| IRS990/PYTotalRevenueAmt | 0 | 3641904 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/RelatedEntityInd | 0 | false |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
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| IRS990/ReportOtherLiabilitiesInd | 0 | true |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1450000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 6918167 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Loan from Forza Education Management LLC |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Loan from Building Hope |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Loan PPP |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | Loan from Gulf Coast |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | Capitalized Lease Liability |
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| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
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| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
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| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The nondiscrimination policy is available on the school's website and is made available during the registration period The school publicizes its racially nondiscrimantory policy through it's website. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | Parrish Charter Academy, Inc. has not had it's right to aid ever been revoked or suspended. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Line 6b |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The School maintains a management agreement with Forza Education Management LLC. (FORZA), a Florida limited liability company, to facilitate the continuation of the Academy by performing certain functions relating to the provision of educational services; the management and operation of the Academy in accordance with enrollment, age and grade level specifications for the Academy. This Agreement is renewable or cancellable on June 30 of each year. The Agreement also may be terminated with cause by either party upon a sixty-day notice of material breach, as defined in the contract. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Election of Members and Responsibilities. Article III, Section 4 of Bylaws. Board members shall be elected for three-year terms, except as necessary to establish staggered terms in the Corporation's first fiscal year operating as a charter school. Beginning in the first fiscal year the Corporation operates as a charter school, the initial Board members shall establish Board Classes by resolution to provide for Board terms to be staggered so that no more than approximately 1/3 of the Board shall be up for election in any year, unless a vacancy or vacancies need to be filled. The starting date and length of the terms of the initial Board members shall be as set forth in the Board Classes resolution. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Governance decisions. Members are charged with approval of charitable gifts, transfers, distributions and grants by the Corporation to other entities; adoption of an amendment to the Articles of Incorporation or to the Bylaws; organization of a subsidiary or affiliate by the Corporation; approval of any merger, consolidation or sale or transfer of all or a substantial part of the assets of the Corporation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A draft copy of Form 990 is provided to the administration and the Board of Directors for their review. The Board President is then required to sign the approved Form 990 electronic filing authorization, Form 8879-EO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Compensation Process for top management official. The Board of Directors approves the salary of the school administrator (Principal). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Governing Documents Disclosure Explanation. A list of the members of the Board of Directors is maintained on the Organization's website: www.pcaedu.org. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 19 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9264 |
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| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1941 Isla DePalma Circle |
| IRS990/USAddress/CityNm | 0 | Naples |
| IRS990/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/USAddress/ZIPCd | 0 | 34119 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Mark McCabe |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9415456380 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-10-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PARRISH CHARTER ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PARR |
| ReturnHeader/Filer/EIN | 0 | 830852601 |
| ReturnHeader/Filer/PhoneNum | 0 | 9415456380 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8605 Erie Road |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Parrish |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 34219 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454127047 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Mina Patterson Woltil CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | P O Box 1269 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Indian Rocks Beach |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33785 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7275805429 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-10-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mina P Woltil |
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| ReturnHeader/ReturnTs | 0 | 2022-10-25T06:21:55-07:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $8,847,407
- Liabilities
- $8,838,143
- Net assets
- $9,264
- Revenue
- $5,165,798
- Expenses
- $4,784,957
- Net income
- $380,841