Civic Intelligence

St Petersburg Primary School Inc

EIN 85-3969788 • 501(c)3 • Saint Petersburg, FL

Profile

At St. Petersburg Primary School, we nuture curious minds through play-based education and joyful exploration. We develop confident and compassionate children within our welcoming, faith-based community.

700 N Shore Drive NESaint Petersburg, FL 33701

stpeteprimary.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.48x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.26x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

97th percentile

143%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,484,767

Up $465,536 (+46%) from 2023

Liabilities

Up

$764,526

Up $271,584 (+55%) from 2023

Net Assets

Up

$720,241

Up $193,952 (+37%) from 2023

Revenue

Up

$2,038,795

Up $155,661 (+8.3%) from 2023

Expenses

Up

$1,847,750

Up $352,837 (+24%) from 2023

Net Income

Down

$191,045

Down $197,176 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2022: $419,633Liabilities 2022: $281,564Net Assets 2022: $138,0692022Assets 2023: $1,019,231Liabilities 2023: $492,942Net Assets 2023: $526,2892023Assets 2024: $1,484,767Liabilities 2024: $764,526Net Assets 2024: $720,2412024

Highlighted filing

2024

Assets$1,484,767
Liabilities$764,526
Net Assets$720,241

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2022: $1,206,944Expenses 2022: $1,068,875Net Income 2022: $138,0692022Revenue 2023: $1,883,134Expenses 2023: $1,494,913Net Income 2023: $388,2212023Revenue 2024: $2,038,795Expenses 2024: $1,847,750Net Income 2024: $191,0452024

Highlighted filing

2024

Revenue$2,038,795
Expenses$1,847,750
Net Income$191,045

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Feb 25, 2025
Return Version
2023v6.0
Gross Receipts
$2,058,795
Mission and Program Overview

Mission

In our preschool and elementary programs, children learn to work independently as well as cooperatively with their peers, while developing strong character traits such as empathy, perseverance and responsibility. Early literacy and mathematics foundations, as well as each childs social and emotional growth, are cultivated through a play-based, thematic curriculum. Students expand their skills as they explore engaging and complex units of study with an emphasis on the learning process, rather than simply memorizing content.

At St. Petersburg Primary School, we nuture curious minds through play-based education and joyful exploration. We develop confident and compassionate children within our welcoming, faith-based community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$500,208$526,960▲ $26,752
Cash and Non-Interest-Bearing Accounts$490,708$504,984▲ $14,276
Land, Buildings, and Equipment, Net$4,035$153,706▲ $149,671
Prepaid Expenses and Deferred Charges$21,318$33,873▲ $12,555
Accounts Receivable-$3,100-
Inventories for Sale or Use$2,962--
Total Assets$1,019,231$1,484,767▲ $465,536
Other Assets Total-$262,144-
Liabilities
Deferred Revenue$371,545$447,833▲ $76,288
Mortgage Notes Payable Secured by Investment Property-$259,022-
Accounts Payable and Accrued Expenses$114,725$57,671▼ $57,054
Other Liabilities$6,672$0▼ $6,672
Total Liabilities$492,942$764,526▲ $271,584
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$526,289$720,241▲ $193,952
Total Net Assets Fund Balance$526,289$720,241▲ $193,952
Total Liabilities and Net Assets / Fund Balance$1,019,231$1,484,767▲ $465,536

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$88,225$71,493$159,718
Equipment$65,481$40,032$105,513
Land$0--
Other Assets Org$259,022--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ashley HardyHead of SchoolFT$85,578$85,578

Board Members and Trustees

NameTitle
Alais GriffinPresident
Greg HelckVice President
Brandon RutsteinDirector
Elizabeth LohDirector
Nick FalconeDirector
Rachael SomermanDirector
Tara Wood DozarkDirector
Jennifer GonzalezSecretary
Benjamin DeLozier IITreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$253,852
Program Service Revenue
$1,684,140
Investment Income
$32,675
Other Revenue
$68,128
Change in Net Assets
$191,045

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,038,795
Total Revenue per Audited Statements
$2,038,795
Total Revenue per Form 990
$2,038,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,306,057
Other Expenses$513,177
Grants and Similar Amounts Paid$28,516
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$934,390$177,979$0$1,112,369
All Other Expenses$90,551$46,896$0$137,447
Fees for Services Other$0$123,532$0$123,532
Payroll Taxes$83,638$17,131$0$100,769
Current Officers, Directors, Trustees, and Key Employees$76,194$16,725$0$92,919
Occupancy$46,883$9,603$0$56,486
Depreciation Depletion$52,784$0$0$52,784
Insurance$31,202$6,391$0$37,593
Grants to Domestic Individuals$28,516--$28,516
Information Technology$22,229$4,553$0$26,782
Other Expenses$13,773$2,821$0$16,594
Advertising$8,991$0$0$8,991
Office Expenses$0$7,419$0$7,419
Fees for Services Legal$2,343$480$0$2,823
Fees for Services Accounting$0$1,850$0$1,850
Interest$0$419$0$419
Total Functional Expenses$1,431,297$416,453$0$1,847,750

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,847,750
Total Expenses per Audited Statements$1,847,750
Total Expenses per Form 990$1,847,750
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$82,530
Fundraising Direct Expenses$20,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$105,180$82,530$20,000$62,530
Total Events$105,180$82,530$20,000$62,530
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Payable$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
Yes
Other officer compensation reviewed
No
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
St Petersburg Primary School Inc
EIN
85-3969788
Phone
7278945889
Address
700 N Shore Drive NE, Saint Petersburg, FL 33701

Signing Officer

Name
Brandon Rutstein
Title
President
Phone
7278945889
Signed
2025-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Rutstein
Formed
2020
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
60
Volunteers
60

Preparer

Firm
Fontana CPAS
Address
13007 W Linebaugh Ave, Tampa, FL 33626
Preparer
Eric Fontana
Phone
7277999533
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A complete copy of the Form 990 is reviewed with the Head of School and Audit Committee. A copy of the 990, excluding Schedule B - Schedule of Contributors, is shared with the full Board of Directors for review before it is filed.

Pt VI, Line 12C

The Conflict of Interest Policy is shared with the Board and the Board receives annual training on the policy requirements. Board members are required to sign a Conflict of Interest Disclosure Statement annually, which also affirms their understanding and compliance with the Policy. The forms are maintained in our files. In the event of a potential conflict of interest, the interested party must inform the Head of School or Chair of the Audit Committee and is precluded from any discussion or vote on the potential conflict situation.

Pt VI, Line 15A

Compensation for the Head of School is determined by the Board of Directors. The Board relies upon comparability data, including data from Form 990s and compensation data from the Florida Council of Independent Schools.

Pt VI, Line 19

The Organizations governing documents, conflict of interest policy, and financial statements are available to the public upon request and at managements discretion.

Financial Statement Notes

Pt X, Line 2

The School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and has been determined not to be a private foundation within the meaning of Section 509(a) of the Internal Revenue Code. The School files a Form 990-T when applicable for any unrelated business income and allocates the appropriate expenses. For the year ended July 31, 2024 no income taxes were payable. Management is not aware of any activities that would jeopardize the Schools tax-exempt status.

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IRS990/Desc0Saint Petersburg Primary School (SPPS) serves families who are seeking a faith-based primary school education for their children. Our low student-teacher ratios and our experienced faculty facilitate exploration, curiosity and problem solving. In our preschool program, children learn to work independently as well as cooperatively with their peers, while developing strong character traits such as empathy, perseverance and responsibility. Early literacy and mathematics foundations, as well as each childs social and emptional growth, are cultivated through a play-based, thematic curriculum. In our elementary program, students expand their skills as they explore engaging and complex units of study with an emphasis on the learning process, rather than simply memorizing content. Play-based learning is active and interactive, giving students opportunities to explore their acquired knowledge through hands-on, engaging projects. Our students become independent thinkers who know how to seek knowledge, question and interpret it, and develop conclusions that are evidence-based. Character development continues into our elementary program, expanding upon the social-emotional skills learned in preschool to include generosity, respect and appreciation for yourself and others, diligence, global citizenship, personal reflection, and a growth mindset. Cultivating a strong sense of community within our school is one of our core values. Parent Socials, Family Movie Night, Monthly Chapel Services, Playtime on the Playground, Halloween Costume Parade, and our Annual Art Show are a few of the ways our community stays strong and connected. Parent involvement is encouraged through active participation in school events, fundraisers, field trips, holiday parties and more.
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0262144
IRS990/OtherExpensesGrp/Desc0Continuing Education
IRS990/OtherExpensesGrp/Desc1Refreshments/Snacks/Consumables
IRS990/OtherExpensesGrp/Desc2Curriculum
IRS990/OtherExpensesGrp/Desc3Equipment/Furniture
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1654
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32821
IRS990/OtherExpensesGrp/ProgramServicesAmt01407
IRS990/OtherExpensesGrp/ProgramServicesAmt13192
IRS990/OtherExpensesGrp/ProgramServicesAmt235204
IRS990/OtherExpensesGrp/ProgramServicesAmt313773
IRS990/OtherExpensesGrp/TotalAmt01407
IRS990/OtherExpensesGrp/TotalAmt13846
IRS990/OtherExpensesGrp/TotalAmt235204
IRS990/OtherExpensesGrp/TotalAmt316594
IRS990/OtherLiabilitiesGrp/BOYAmt06672
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05598
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05598
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt05598
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0177979
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0934390
IRS990/OtherSalariesAndWagesGrp/TotalAmt01112369
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017131
IRS990/PayrollTaxesGrp/ProgramServicesAmt083638
IRS990/PayrollTaxesGrp/TotalAmt0100769
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021318
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033873
IRS990/PrincipalOfficerNm0Brandon Rutstein
IRS990/PriorPeriodAdjustmentsAmt02907
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1After School and Summer Care
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01251775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1432365
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0422133
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04969
IRS990/PYInvestmentIncomeAmt01006
IRS990/PYOtherExpensesAmt0371516
IRS990/PYOtherRevenueAmt0-6751
IRS990/PYProgramServiceRevenueAmt01466746
IRS990/PYRevenuesLessExpensesAmt0388221
IRS990/PYSalariesCompEmpBnftPaidAmt01118428
IRS990/PYTotalExpensesAmt01494913
IRS990/PYTotalRevenueAmt01883134
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0191045
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01684140
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt065481
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040032
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105513
IRS990ScheduleD/ExpensesSubtotalAmt01847750
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt088225
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt071493
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0159718
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03122
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1259022
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Other asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Right of use asset
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Tax Payable
IRS990ScheduleD/RevenueSubtotalAmt02038795
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and has been determined not to be a private foundation within the meaning of Section 509(a) of the Internal Revenue Code. The School files a Form 990-T when applicable for any unrelated business income and allocates the appropriate expenses. For the year ended July 31, 2024 no income taxes were payable. Management is not aware of any activities that would jeopardize the Schools tax-exempt status.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0153706
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0262144
IRS990ScheduleD/TotalExpensesPerForm990Amt01847750
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt02038795
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02038795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01847750
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/ExplanationTxt0Voluntary Pre-Kindergarten State Funding and Step Up for Students Scholarships.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The organizations Non-Discrimination Policy is on the bottom of the home page of the organizations website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt022650
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt022650
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0105180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0105180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt082530
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt082530

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