Civic Intelligence

Florida Charter School Organization Inc.

EIN 83-2718205 • 501(c)3 • Coral Springs, FL

Pub. 78 Eligible

Profile

The mission of summit academy charter school is to offer a rigorous and high quality education that focuses on "class": character, leadership, academics, service and sportsmanship.the school's philosophy is that without these components, students are unable to achieve their maximum learning.

11421 NW 56th DriveCoral Springs, FL 33076

www.summitacademy.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

2.04x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

32nd percentile

-1.0%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

84th percentile

26%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2025

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2025

Assets

Up

$11,404,521

Up $6,023,760 (+112%) from 2024

Liabilities

Up

$11,402,450

Up $6,081,897 (+114%) from 2024

Net Assets

Down

$2,071

Down $58,137 (-97%) from 2024

Revenue

Up

$5,596,729

Up $279,959 (+5.3%) from 2024

Expenses

Up

$5,654,866

Up $503,471 (+9.8%) from 2024

Net Income

Down

-$58,137

Down $223,512 (-135%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2022: $5,761,985Liabilities 2022: $5,588,827Net Assets 2022: $173,1582022Assets 2024: $5,380,761Liabilities 2024: $5,320,553Net Assets 2024: $60,2082024Assets 2025: $11,404,521Liabilities 2025: $11,402,450Net Assets 2025: $2,0712025

Highlighted filing

2025

Assets$11,404,521
Liabilities$11,402,450
Net Assets$2,071

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2022: $4,071,244Expenses 2022: $3,889,856Net Income 2022: $181,3882022Revenue 2024: $5,316,770Expenses 2024: $5,151,395Net Income 2024: $165,3752024Revenue 2025: $5,596,729Expenses 2025: $5,654,866Net Income 2025: -$58,1372025

Highlighted filing

2025

Revenue$5,596,729
Expenses$5,654,866
Net Income-$58,137

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 6, 2025
Return Version
2024v5.2
Gross Receipts
$5,596,729
Mission and Program Overview

Mission

The mission of summit academy charter school is to offer a rigorous and high quality education that focuses on "class": character, leadership, academics, service and sportsmanship.the school's philosophy is that without these components, students are unable to achieve their maximum learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$194,720$8,205,052▲ $8,010,332
Cash and Non-Interest-Bearing Accounts$442,061$2,448,783▲ $2,006,722
Prepaid Expenses and Deferred Charges$37,500--
Total Assets$5,380,761$11,404,521▲ $6,023,760
Other Assets Total$4,706,480$750,686▼ $3,955,794
Liabilities
Mortgage Notes Payable Secured by Investment Property-$10,995,000-
Other Liabilities$4,791,808$0▼ $4,791,808
Accounts Payable and Accrued Expenses$528,745$407,450▼ $121,295
Total Liabilities$5,320,553$11,402,450▲ $6,081,897
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$60,208$2,071▼ $58,137
Total Net Assets Fund Balance$60,208$2,071▼ $58,137
Total Liabilities and Net Assets / Fund Balance$5,380,761$11,404,521▲ $6,023,760

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,070,369$222,849$7,293,218
Land$1,013,409-$1,013,409
Equipment$100,574$298,213$398,787
Leasehold Improvements$20,700$78,558$99,258
Other Assets Org$395,282--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gustavo PratsPrincipalFT$116,281$116,281

Board Members and Trustees

NameTitle
Gem VasquezPresident
Julissa BermudezPresident
Jose Guillermo CervantesDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter School PartnersEducational Service Provider11421 NW 56TH DR, Coral Springs, FL 33076$581,446
Chebere AppetiteLunch Catering5371 NW 161ST STREET, Miami Gardens, FL 33014$126,286
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,314,000
Investment Income
$71,586
Other Revenue
$211,143
Change in Net Assets
$-58,137

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,596,729
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,596,729
Total Revenue per Form 990
$5,596,729
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,014,770
Salaries, Compensation, and Employee Benefits$2,640,096
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,035,311$231,491-$2,266,802
Fees for Services Other$157,575$1,024,999-$1,182,574
Interest-$773,630-$773,630
Depreciation Depletion$265,603$66,401-$332,004
Office Expenses$232,646$40,774-$273,420
Other Employee Benefits$184,398$16,035-$200,433
Payroll Taxes$155,152$17,709-$172,861
Other Expenses$106,053$21,728-$106,053
Insurance$77,408$19,352-$96,760
Advertising-$4,545-$4,545
Total Functional Expenses$3,410,774$2,244,092$0$5,654,866

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,654,866
Total Expenses per Audited Statements$5,654,866
Total Expenses per Form 990$5,654,866
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The directors will examine this return, including accompanying schedules and statements prior to filing the return.

Form 990, Part VI, Section C, Line 19

The governing documents are provided upon request.

Filing and Contact Details

Filer

Filer Name
Florida Charter School Organization Inc
EIN
83-2718205
Phone
9546033303
Address
11421 NW 56TH DRIVE, CORAL SPRINGS, FL 33076

Signing Officer

Name
Julissa Bermudez
Title
President
Phone
9546033303
Signed
2025-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julissa Bermudez
Formed
2018
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
62
Volunteers
50

Preparer

Firm
Verdeja & Alvarez Llp
Address
255 ALHAMBRA CIR STE 630, CORAL GABLES, FL 33134-7417
Preparer
Octavio a Verdeja
Phone
3054463177
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 157,575. Management and general expenses 1,024,999. Fundraising expenses 0. Total expenses 1,182,574.

Financial Statement Notes

PART X, LINE 2:

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 6/30/25, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2022.

Raw XML Appendix377 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0528745
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0407450
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF SUMMIT ACADEMY CHARTER SCHOOL IS TO OFFER A RIGOROUS AND HIGH QUALITY EDUCATION THAT FOCUSES ON "CLASS": CHARACTER, LEADERSHIP, ACADEMICS, SERVICE AND SPORTSMANSHIP.THE SCHOOL'S PHILOSOPHY IS THAT WITHOUT THESE COMPONENTS, STUDENTS ARE UNABLE TO ACHIEVE THEIR MAXIMUM LEARNING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04545
IRS990/AdvertisingGrp/TotalAmt04545
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BUILDING HOPE
IRS990/BooksInCareOfDetail/PhoneNum09546033303
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011421 NW 56TH DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CORAL SPRINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033076
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0442061
IRS990/CashNonInterestBearingGrp/EOYAmt02448783
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0581446
IRS990/ContractorCompensationGrp/CompensationAmt1126286
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt011421 NW 56TH DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt15371 NW 161ST STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CORAL SPRINGS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1MIAMI GARDENS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd033076
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd133014
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOL PARTNERS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CHEBERE APPETITE
IRS990/ContractorCompensationGrp/ServicesDesc0EDUCATIONAL SERVICE PROVIDER
IRS990/ContractorCompensationGrp/ServicesDesc1LUNCH CATERING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt071586
IRS990/CYOtherExpensesAmt03014770
IRS990/CYOtherRevenueAmt0211143
IRS990/CYProgramServiceRevenueAmt05314000
IRS990/CYRevenuesLessExpensesAmt0-58137
IRS990/CYSalariesCompEmpBnftPaidAmt02640096
IRS990/CYTotalExpensesAmt05654866
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05596729
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt066401
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0265603
IRS990/DepreciationDepletionGrp/TotalAmt0332004
IRS990/Desc0SUMMIT ACADEMY CHARTER SCHOOL CONTINUES TO BUILD UPON ITS TRADITION OF ACADEMIC EXCELLENCE AND OPERATIONAL SUCCESS, WITH SEVERAL NOTEWORTHY ACCOMPLISHMENTS IN THE 2024-2025 SCHOOL YEAR. THE SCHOOL PROUDLY SUSTAINED ITS DESIGNATION AS AN "A" RATED SCHOOL BY THE FLORIDA DEPARTMENT OF EDUCATION (FLDOE), REAFFIRMING ITS STRONG COMMITMENT TO STUDENT ACHIEVEMENT, PROFICIENCY, AND GROWTH ACROSS ALL CORE SUBJECT AREAS.IN ADDITION, SUMMIT ACADEMY SUCCESSFULLY MAINTAINED ITS STATUS AS A HIGH-PERFORMING CHARTER SCHOOL, A DISTINCTION AWARDED BY THE FLDOE THAT RECOGNIZES SCHOOLS FOR SUSTAINED ACADEMIC SUCCESS, FINANCIAL STRENGTH, AND SOUND GOVERNANCE PRACTICES. THIS RECOGNITION REFLECTS THE SCHOOL'S DEDICATION TO DELIVERING CONSISTENT, HIGH-QUALITY EDUCATION TO EVERY STUDENT.THE SCHOOL ALSO CONTINUES TO UPHOLD ITS COGNIA ACCREDITATION, AN INTERNATIONAL SEAL OF QUALITY THAT VALIDATES ITS ADHERENCE TO RIGOROUS ACADEMIC AND OPERATIONAL STANDARDS. THIS ACCREDITATION UNDERSCORES SUMMIT ACADEMY'S ONGOING EFFORTS TO INNOVATE, IMPROVE, AND PROVIDE STUDENTS WITH A WELL-ROUNDED EDUCATIONAL EXPERIENCE.TOGETHER, THESE ACCOMPLISHMENTS DEMONSTRATE SUMMIT ACADEMY'S UNWAVERING COMMITMENT TO EXCELLENCE AND GROWTH. BY MAINTAINING HIGH STANDARDS OF ACADEMIC PERFORMANCE, FINANCIAL RESPONSIBILITY, AND ORGANIZATIONAL LEADERSHIP, SUMMIT ACADEMY STANDS AS A MODEL OF SUCCESS IN PUBLIC EDUCATION, DEDICATED TO PREPARING STUDENTS FOR LIFELONG ACHIEVEMENT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt062
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03410774
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01024999
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0157575
IRS990/FeesForServicesOtherGrp/TotalAmt01182574
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JULISSA BERMUDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSE GUILLERMO CERVANTES
IRS990/Form990PartVIISectionAGrp/PersonNm2GEM VASQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3GUSTAVO PRATS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3116281
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05596729
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt019352
IRS990/InsuranceGrp/ProgramServicesAmt077408
IRS990/InsuranceGrp/TotalAmt096760
IRS990/InterestGrp/ManagementAndGeneralAmt0773630
IRS990/InterestGrp/TotalAmt0773630
IRS990/InvestmentIncomeGrp/ExclusionAmt071586
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071586
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0599620
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0194720
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08205052
IRS990/LandBldgEquipCostOrOtherBssAmt08804672
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF SUMMIT ACADEMY CHARTER SCHOOL IS TO OFFER A RIGOROUS AND HIGH QUALITY EDUCATION THAT FOCUSES ON "CLASS": CHARACTER, LEADERSHIP, ACADEMICS, SERVICE AND SPORTSMANSHIP.THE SCHOOL'S PHILOSOPHY IS THAT WITHOUT THESE COMPONENTS, STUDENTS ARE UNABLE TO ACHIEVE THEIR MAXIMUM LEARNING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010995000
IRS990/NetAssetsOrFundBalancesBOYAmt060208
IRS990/NetAssetsOrFundBalancesEOYAmt02071
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt060208
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02071
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040774
IRS990/OfficeExpensesGrp/ProgramServicesAmt0232646
IRS990/OfficeExpensesGrp/TotalAmt0273420
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04706480
IRS990/OtherAssetsTotalGrp/EOYAmt0750686
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016035
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0184398
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0200433
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2FOODS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt027428
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt121728
IRS990/OtherExpensesGrp/ProgramServicesAmt0109711
IRS990/OtherExpensesGrp/ProgramServicesAmt186917
IRS990/OtherExpensesGrp/ProgramServicesAmt2106053
IRS990/OtherExpensesGrp/TotalAmt0137139
IRS990/OtherExpensesGrp/TotalAmt1108645
IRS990/OtherExpensesGrp/TotalAmt2106053
IRS990/OtherLiabilitiesGrp/BOYAmt04791808
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0211143
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0211143
IRS990/OtherRevenueTotalAmt0211143
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0231491
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02035311
IRS990/OtherSalariesAndWagesGrp/TotalAmt02266802
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017709
IRS990/PayrollTaxesGrp/ProgramServicesAmt0155152
IRS990/PayrollTaxesGrp/TotalAmt0172861
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037500
IRS990/PrincipalOfficerNm0JULISSA BERMUDEZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENT AGENCIES
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH WITH NSLP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05210984
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1103016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05210984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1103016
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02605580
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05316770
IRS990/PYRevenuesLessExpensesAmt0165375
IRS990/PYSalariesCompEmpBnftPaidAmt02545815
IRS990/PYTotalExpensesAmt05151395
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05316770
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-58137
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05525143
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07070369
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0222849
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07293218
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100574
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0298213
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0398787
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05654866
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01013409
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01013409
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt020700
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt078558
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt099258
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0355404
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1395282
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER AGENCIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BOND DISCOUNT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05596729
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/25, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08205052
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0750686
IRS990ScheduleD/TotalExpensesPerForm990Amt05654866
IRS990ScheduleD/TotalRevenuePerForm990Amt05596729
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05596729
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05654866
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SUMMIT ACADEMY CHARTER SCHOOL ADMITS QUALIFIED STUDENTS, IRRESPECTIVE OF RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, SEXUAL ORIENTATION OR DISABILITY. ALL STUDENTS ARE AFFORDED THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO SUMMIT ACADEMY STUDENTS. THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OR RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, SEXUAL ORIENTATION OR DISABILITY IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAM, ADMISSION, FINANCIAL AID AND LOANS, ATHLETIC OR OTHER SCHOOL POLICIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS WILL EXAMINE THIS RETURN, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 157,575. MANAGEMENT AND GENERAL EXPENSES 1,024,999. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,182,574.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05380761
IRS990/TotalAssetsEOYAmt011404521
IRS990/TotalAssetsGrp/BOYAmt05380761
IRS990/TotalAssetsGrp/EOYAmt011404521
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt062
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02244092
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03410774
IRS990/TotalFunctionalExpensesGrp/TotalAmt05654866
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05320553
IRS990/TotalLiabilitiesEOYAmt011402450
IRS990/TotalLiabilitiesGrp/BOYAmt05320553
IRS990/TotalLiabilitiesGrp/EOYAmt011402450
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt060208
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02071
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03410774
IRS990/TotalProgramServiceRevenueAmt05314000
IRS990/TotalReportableCompFromOrgAmt0116281
IRS990/TotalRevenueGrp/ExclusionAmt071586
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05525143
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05596729
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05380761
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011404521
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011421 NW 56TH DRIVE
IRS990/USAddress/CityNm0CORAL GABLES
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033076
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.SUMMITACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JULISSA BERMUDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09546033303
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA CHARTER SCHOOL ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0832718205
ReturnHeader/Filer/PhoneNum09546033303
ReturnHeader/Filer/USAddress/AddressLine1Txt011421 NW 56TH DRIVE
ReturnHeader/Filer/USAddress/CityNm0CORAL SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033076
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204989621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERDEJA & ALVAREZ LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 ALHAMBRA CIR STE 630
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331347417
ReturnHeader/PreparerPersonGrp/PhoneNum03054463177
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OCTAVIO A VERDEJA
ReturnHeader/ReturnTs02025-10-06T10:33:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.