Idea Florida Inc.

“Idea florida, inc. (idea florida) executed a management services agreement with ips enterprises, inc. (ips), a related tax-exempt organization that supports charter schools within the idea network, including idea florida. Ips provides idea florida with school management services, which include the provision of teachers, administrators, and other staff. Ips bills idea florida for contracted services and a management fee. Ips employs and pays all staff except for the school principals which are employed directly by idea florida. Key employees and highest compensated employees of idea florida are compensated through this arrangement as follows: executive director, james hartman: 190,900 executive director, simaran bakshi: 189,034 managing director of operations, janine valentin: 136,209 ips paid additional staff a combined total of 27,228,078.73 in compensation for services performed for idea florida.”

“Form 990 is provided to the board prior to filing with the irs.”

“The board of idea florida, inc. Monitors potential conflicts of interest.”

“The organization's executive director and regional vp of schools are employed by ips enterprises, inc. (ips) under a management services agreement. Therefore, the organization does not determine the compensation of these individuals.”

“The organization's executive director and regional vp of schools are employed by ips enterprises, inc. (ips) under a management services agreement. Therefore, the organization does not determine the compensation of these individuals.”

“UPON REQUEST”

“Idea florida prepares students from underserved communities to be successful college students and responsible citizens by providing educational services to students. Idea florida serves students in grades k-9 and will grow to serve grades k-12 when fully scaled.”

“Idea public schools believes each and every child can go to college. Since 2000, idea public schools has grown from a small school with 150 students to a national network of tuition-free k-12 public charter schools in the united states. The network currently serves over 80,000 college-bound students in 143 schools. Through small learning groups and daily access to technology, every student learns at the level and speed just right for them. Teachers bring subject matter expertise and an unwavering commitment to set each student on a path to success. Parents, teachers, and administrators work as a team to help each student reach their full potential. For the 2023-2024 academic year, idea florida served 1,689 students across four campuses in the tampa bay area. Idea florida also opened four additional schools in the jacksonville area, serving 1,411 students. The schools opened with grades k-9 and will grow to serve grades k-12 when fully scaled.”

“Miscellaneous contracted serv 0 376,202 0 miscellaneous contracted serv 0 532,307 0 miscellaneous contracted serv 0 270 0 miscellaneous contracted serv 0 7,806 0 consulting services 0 16,054 0 miscellaneous contracted serv 0 227,802 0 miscellaneous contracted serv 0 1,732,949 0 miscellaneous contracted serv 0 1,720,927 0 miscellaneous contracted serv 0 24,368 0 miscellaneous contracted serv 0 21,608 0 miscellaneous contracted serv 0 1,858 0 miscellaneous contracted serv 0 4,233 0 miscellaneous contracted serv 0 109,961 0 miscellaneous contracted serv 0 127,194 0 miscellaneous contracted serv 0 110,000 0 contract services 33,841,279 0 0 total 33,841,279 5,013,539 0”