Civic Intelligence

Patel Institute for Innovation Inc

EIN 83-1540460 • 501(c)3 • Tampa, FL

Profile

To operate two public charter schools in hillsborough county, florida.

10721 Raulerson Ranch RdTampa, FL 33637

patelhighschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.72x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

1.31x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

24th percentile

$107,999

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

62nd percentile

8.2%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

65th percentile

16%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$23,772,364

Up $1,797,123 (+8.2%) from 2024

Liabilities

Down

$17,069,847

Down $45,449 (-0.3%) from 2024

Net Assets

Up

$6,702,517

Up $1,842,572 (+38%) from 2024

Operations
Liabilities / Revenue84th percentileNet Margin68th percentile

Revenue

Up

$12,989,637

Up $1,776,243 (+16%) from 2024

Expenses

Up

$11,147,065

Up $937,042 (+9.2%) from 2024

Net Income

Up

$1,842,572

Up $839,201 (+84%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth62nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2018: $1Liabilities 2018: $02018Assets 2019: $17,776Liabilities 2019: $26,157Net Assets 2019: -$8,3812019Assets 2020: $403,546Liabilities 2020: $72,152Net Assets 2020: $331,3942020Assets 2021: $1,271,920Liabilities 2021: $125,242Net Assets 2021: $1,146,6782021Assets 2022: $13,385,437Liabilities 2022: $10,682,986Net Assets 2022: $2,702,4512022Assets 2023: $21,766,619Liabilities 2023: $17,910,045Net Assets 2023: $3,856,5742023Assets 2024: $21,975,241Liabilities 2024: $17,115,296Net Assets 2024: $4,859,9452024Assets 2025: $23,772,364Liabilities 2025: $17,069,847Net Assets 2025: $6,702,5172025

Highlighted filing

2025

Assets$23,772,364
Liabilities$17,069,847
Net Assets$6,702,517
Open 2025 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $49,001Expenses 2019: $57,382Net Income 2019: -$8,3812019Revenue 2020: $2,562,210Expenses 2020: $2,246,568Net Income 2020: $315,6422020Revenue 2021: $3,985,007Expenses 2021: $3,169,723Net Income 2021: $815,2842021Revenue 2022: $6,852,880Expenses 2022: $5,297,107Net Income 2022: $1,555,7732022Revenue 2023: $10,257,129Expenses 2023: $9,102,586Net Income 2023: $1,154,5432023Revenue 2024: $11,213,394Expenses 2024: $10,210,023Net Income 2024: $1,003,3712024Revenue 2025: $12,989,637Expenses 2025: $11,147,065Net Income 2025: $1,842,5722025

Highlighted filing

2025

Revenue$12,989,637
Expenses$11,147,065
Net Income$1,842,572
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,772,364
Liabilities
$17,069,847
Net assets
$6,702,517
Revenue
$12,989,637
Expenses
$11,147,065
Net income
$1,842,572
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$23.8$17.1$6.70$13.0$11.1$1.84
2024Detailed filing. Detailed filing data is available for this year.$22.0$17.1$4.86$11.2$10.2$1.00
2023Detailed filing. Detailed filing data is available for this year.$21.8$17.9$3.86$10.3$9.10$1.15
2022Detailed filing. Detailed filing data is available for this year.$13.4$10.7$2.70$6.85$5.30$1.56
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.13$1.15$3.99$3.17$0.82
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.07$0.33$2.56$2.25$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.03$0.01$0.05$0.06$0.01
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 17, 2026
Return Version
2024v5.2
Gross Receipts
$12,989,637
Mission and Program Overview

Mission

To operate two public charter schools in hillsborough county, florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,908,291$16,871,186▼ $37,105
Rtn Earn Endowment Incm Other Fnds$4,712,197$6,335,533▲ $1,623,336
Savings and Temporary Cash Investments-$4,990,000-
Cash and Non-Interest-Bearing Accounts$4,861,915$1,771,826▼ $3,090,089
Pd in Cap Srpls Land Bldg Eqp Fund$147,748$366,984▲ $219,236
Prepaid Expenses and Deferred Charges$128,381$120,995▼ $7,386
Accounts Receivable$20,338$12,053▼ $8,285
Pledges and Grants Receivable$56,316$6,304▼ $50,012
Loans From Officers Directors$0--
Total Assets$21,975,241$23,772,364▲ $1,797,123
Liabilities
Other Liabilities$16,760,543$16,504,202▼ $256,341
Accounts Payable and Accrued Expenses$354,753$565,645▲ $210,892
Total Liabilities$17,115,296$17,069,847▼ $45,449
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,859,945$6,702,517▲ $1,842,572
Total Liabilities and Net Assets / Fund Balance$21,975,241$23,772,364▲ $1,797,123

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,651,443$903,625$17,555,068
Equipment$132,636$487,390$620,026
Leasehold Improvements$87,107$10,624$97,731
Land$0--
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ashley GalfondPrincipalFT$107,999$107,999
Lauren CarnellPrincipalFT$102,546$102,546

Board Members and Trustees

NameTitle
Jim AkeChairman
Carol MiltonVice President
Kavita JainMember
Raymond JacobsSecretary
Jenny ZhengTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,476,995
Investment Income
$0
Other Revenue
$1,512,642
Change in Net Assets
$1,842,572

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,989,637
Total Revenue per Audited Statements
$12,989,637
Total Revenue per Form 990
$12,989,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,147,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$3,145,064$283,620$0$3,428,684
Interest$998,659$0$0$998,659
Depreciation Depletion$334,957$0$0$334,957
Other Expenses$29,800$0$0$29,800
Total Functional Expenses$10,863,445$283,620$0$11,147,065

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,147,065
Total Expenses per Audited Statements$11,147,065
Total Expenses per Form 990$11,147,065
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long-term Lease Payable$16,504,202
Uncertain Tax Position$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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
No
Filing and Contact Details

Filer

Filer Name
Patel Institute for Innovation Inc
EIN
83-1540460
Phone
8136298950
Address
10721 RAULERSON RANCH RD, TAMPA, FL 33637

Signing Officer

Name
Jenny Zheng
Title
Treasurer
Phone
8136298950
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenny Zheng
Formed
2018
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
165
Volunteers
25

Preparer

Firm
Robert I Walker CPA
Address
2803 W BUSCH BLVD SUITE 106, TAMPA, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final 990 is provided to the board for approval.”

Pt VI, Line 12C

“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.”

Pt VI, Line 15B

“The principal is paid in accordance with the school districts pay scale.”

Form 990, Part IX, Line 24E

“Instructional related technology 78528. 78528. 0. 0.”

Form 990, Part IX, Line 24E

“Board of education 283620. 0. 283620. 0.”

Form 990, Part IX, Line 24E

“School administration 821586. 821586. 0. 0.”

Form 990, Part IX, Line 24E

“Fiscal services 203635. 203635. 0. 0.”

Form 990, Part IX, Line 24E

“Food services 318607. 318607. 0. 0.”

Form 990, Part IX, Line 24E

“Operation of plant 1245659. 1245659. 0. 0.”

Form 990, Part IX, Line 24E

“Maintenance of plant 22064. 22064. 0. 0.”

Form 990, Part IX, Line 24E

“Community services 438738. 438738. 0. 0.”

Form 990, Part IX, Line 24E

“Facilities 16247. 16247. 0. 0.”

Financial Statement Notes

Pt X, Line 2

“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 notes 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.”

Raw XML AppendixShowing 400 of 412 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0354753
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0565645
IRS990/AccountsReceivableGrp/BOYAmt020338
IRS990/AccountsReceivableGrp/EOYAmt012053
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE TWO PUBLIC CHARTER SCHOOLS IN HILLSBOROUGH COUNTY, FLORIDA.
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0283620
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03145064
IRS990/AllOtherExpensesGrp/TotalAmt03428684
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SCHOOL FINANCIAL SERVICES
IRS990/BooksInCareOfDetail/PhoneNum08505474566
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt054 SOUTH MARTIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BONIFAY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032425
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04861915
IRS990/CashNonInterestBearingGrp/EOYAmt01771826
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt011147065
IRS990/CYOtherRevenueAmt01512642
IRS990/CYProgramServiceRevenueAmt011476995
IRS990/CYRevenuesLessExpensesAmt01842572
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt011147065
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012989637
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0334957
IRS990/DepreciationDepletionGrp/TotalAmt0334957
IRS990/Desc0TO OPERATE TWO PUBLIC CHARTER SCHOOLS IN HILLSBOROUGH COUNTY, FLORIDA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0165
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt010863445
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JIM AKE
IRS990/Form990PartVIISectionAGrp/PersonNm1CAROL MILTON
IRS990/Form990PartVIISectionAGrp/PersonNm2JENNY ZHENG
IRS990/Form990PartVIISectionAGrp/PersonNm3RAYMOND JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm4KAVITA JAIN
IRS990/Form990PartVIISectionAGrp/PersonNm5LAUREN CARNELL
IRS990/Form990PartVIISectionAGrp/PersonNm6ASHLEY GALFOND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5102546
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6107999
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012989637
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0998659
IRS990/InterestGrp/TotalAmt0998659
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01401639
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016908291
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016871186
IRS990/LandBldgEquipCostOrOtherBssAmt018272825
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE TWO PUBLIC CHARTER SCHOOLS IN HILLSBOROUGH COUNTY, FLORIDA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04859945
IRS990/NetAssetsOrFundBalancesEOYAmt06702517
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0INSTRUCTION
IRS990/OtherExpensesGrp/Desc1STUDENT SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc2INSTRUCTION & CURRICULUM DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL STAFF TRAINING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt06046555
IRS990/OtherExpensesGrp/ProgramServicesAmt1254675
IRS990/OtherExpensesGrp/ProgramServicesAmt253735
IRS990/OtherExpensesGrp/ProgramServicesAmt329800
IRS990/OtherExpensesGrp/TotalAmt06046555
IRS990/OtherExpensesGrp/TotalAmt1254675
IRS990/OtherExpensesGrp/TotalAmt253735
IRS990/OtherExpensesGrp/TotalAmt329800
IRS990/OtherLiabilitiesGrp/BOYAmt016760543
IRS990/OtherLiabilitiesGrp/EOYAmt016504202
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER LOCAL REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01512642
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01512642
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01512642
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0147748
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0366984
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt056316
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06304
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0128381
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0120995
IRS990/PrincipalOfficerNm0JENNY ZHENG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0FTE PER STUDENT FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1FEDERAL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc2EXTENDED DAYCARE
IRS990/ProgramServiceRevenueGrp/Desc3STUDENT LUNCHES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010798274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137543
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2383049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3258129
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt010210023
IRS990/PYOtherRevenueAmt0776721
IRS990/PYProgramServiceRevenueAmt010436673
IRS990/PYRevenuesLessExpensesAmt01003371
IRS990/PYTotalExpensesAmt010210023
IRS990/PYTotalRevenueAmt011213394
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01842572
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012989637
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04712197
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06335533
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04990000
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0132636
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0487390
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0620026
IRS990ScheduleD/ExpensesSubtotalAmt011147065
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt087107
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010624
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt097731
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016651443
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0903625
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017555068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116504202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCERTAIN TAX POSITION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG-TERM LEASE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt012989637
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The 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 notes 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/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016871186
IRS990ScheduleD/TotalExpensesPerForm990Amt011147065
IRS990ScheduleD/TotalLiabilityAmt016504202
IRS990ScheduleD/TotalRevenuePerForm990Amt012989637
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012989637
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011147065
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/ExplanationTxt0RECEIVES GRANTS THROUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, NEWSLETTER, LOCAL NEIGHBORHOOD EVENTS, NEWSPAPERS, OPEN HOUSES, AND VIDEOS. NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINAL 990 IS PROVIDED TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT 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/ExplanationTxt2THE PRINCIPAL IS PAID IN ACCORDANCE WITH THE SCHOOL DISTRICTS PAY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSTRUCTIONAL RELATED TECHNOLOGY 78528. 78528. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD OF EDUCATION 283620. 0. 283620. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOOL ADMINISTRATION 821586. 821586. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FISCAL SERVICES 203635. 203635. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FOOD SERVICES 318607. 318607. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OPERATION OF PLANT 1245659. 1245659. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MAINTENANCE OF PLANT 22064. 22064. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10COMMUNITY SERVICES 438738. 438738. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FACILITIES 16247. 16247. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021975241
IRS990/TotalAssetsEOYAmt023772364
IRS990/TotalAssetsGrp/BOYAmt021975241
IRS990/TotalAssetsGrp/EOYAmt023772364
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt0165
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0283620
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010863445
IRS990/TotalFunctionalExpensesGrp/TotalAmt011147065
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017115296
IRS990/TotalLiabilitiesEOYAmt017069847
IRS990/TotalLiabilitiesGrp/BOYAmt017115296
IRS990/TotalLiabilitiesGrp/EOYAmt017069847
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04859945
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06702517
IRS990/TotalProgramServiceExpensesAmt010863445
IRS990/TotalProgramServiceRevenueAmt011476995
IRS990/TotalReportableCompFromOrgAmt0210545
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012989637
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012989637
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021975241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023772364
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt010721 RAULERSON RANCH RD
IRS990/USAddress/CityNm0Tampa
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033637
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0https://patelhighschool.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY ZHENG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08136298950
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATEL INSTITUTE FOR INNOVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PATE
ReturnHeader/Filer/EIN0831540460
ReturnHeader/Filer/PhoneNum08136298950
ReturnHeader/Filer/USAddress/AddressLine1Txt010721 RAULERSON RANCH RD
ReturnHeader/Filer/USAddress/CityNm0TAMPA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033637
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200676201

Document Assets

No mirrored PDF or thumbnail assets are attached yet.