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MIAMI BOARDING SCHOOL INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MIAMI BOARDING SCHOOL INC (EIN 45-3532587)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-24
IRS object ID
202421159349301242
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-24T14:00:12-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204989621PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VERDEJA & ALVAREZ LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1255 ALHAMBRA CIR STE 630AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331347417ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453532587EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MIAMI BOARDING SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMIAMBusinessNameControlTxt
Phone7865035728PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18004 NW 154TH ST 389AddressLine1Txt
CityMIAMI LAKESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33016ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR LEAH SKINNERPersonNm
Person TitleHEAD OF SCHOOLPersonTitleTxt
Phone7865035728PhoneNum
Signature2024-04-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDRPersonFirstNm
Person LastLEAH SKINNERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonOCTAVIO A VERDEJAPreparerPersonNm
PTINP00640853PTIN
Phone3054463177PhoneNum
Preparation2024-04-24PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMELANIE DAMIANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18004 NW 154TH ST SUTIE 389AddressLine1Txt
CityMIAMI LAKESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33016ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,168,275GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO PROVIDE AN OUTSTANDING EDUCATIONAL PROGRAM THAT EMPOWERS STUDENTS TO BE SUCCESSFUL, BOTH ACADEMICALLY AND SOCIALLY, IN COLLEGE AND BEYOND.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee82TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,609,424PYContributionsGrantsAmt
CY Contributions Grants$13,707,503CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$1,149,364PYOtherRevenueAmt
CY Other Revenue$397,313CYOtherRevenueAmt
PY Total Revenue$13,758,788PYTotalRevenueAmt
CY Total Revenue$14,104,816CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$809,429PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$900,017CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,344,572PYOtherExpensesAmt
CY Other Expenses$13,860,437CYOtherExpensesAmt
PY Total Expenses$13,154,001PYTotalExpensesAmt
CY Total Expenses$14,760,454CYTotalExpensesAmt
PY Revenues Less Expenses$604,787PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$655,638CYRevenuesLessExpensesAmt
Total Assets BOY$13,476,383TotalAssetsBOYAmt
Total Assets EOY$13,504,663TotalAssetsEOYAmt
Total Liabilities BOY$7,283,234TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,967,152TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,193,149NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,537,511NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE AN OUTSTANDING EDUCATIONAL PROGRAM THAT EMPOWERS STUDENTS TO BE SUCCESSFUL, BOTH ACADEMICALLY AND SOCIALLY, IN COLLEGE AND BEYOND.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$11,893,995ExpenseAmt
Revenue$388,742RevenueAmt
DescSEED RECRUITS A DIVERSE POPULATION OF STUDENTS FROM SOUTH FLORIDA'S UNDER-RESOURCED COMMUNITIES. NATIONALLY, SEED GRADUATES ARE APPROXIMATELY 80% FIRST-GENERATION COLLEGE- BOUND. WE PROUDLY SERVE STUDENTS ACROSS FIVE COUNTIES: MIAMI-DADE, BROWARD, COLLIER, PALM BEACH, AND MONROE. AT THE START OF THE 2022-2023 SCHOOL YEAR, THE SEED SCHOOL OF MIAMI SERVED 258 STUDENTS ACROSS GRADES 6-12.Desc
Total Program Service Expenses$11,893,995TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee82EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MELAINE DAMIANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7865035728PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18004 NW 154TH ST 389AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33016ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DOROTHY TERRELL
DIRECTOR5.00Yes (X)$0$0$0
MELANIE DAMIAN
CHAIRMAN5.00Yes (X)$0$0$0
PAT GANNON
DIRECTOR5.00Yes (X)$0$0$0
ALISE JOHNSON
DIRECTOR5.00Yes (X)$0$0$0
JASON BLOCH
DIRECTOR5.00Yes (X)$0$0$0
VIRGINIA EMMONS
DIRECTOR5.00Yes (X)$0$0$0
ALISON HARKE
DIRECTOR5.00Yes (X)$0$0$0
JON TUCKER
DIRECTOR5.00Yes (X)$0$0$0
NANCY HECTOR
DIRECTOR5.00Yes (X)$0$0$0
STUART ISRAELSON
DIRECTOR5.00Yes (X)$0$0$0
THOMAS CULMO
DIRECTOR5.00Yes (X)$0$0$0
ANDI POTAMKIN
DIRECTOR5.00Yes (X)$0$0$0
MELISSA BABIL
DIRECTOR5.00Yes (X)$0$0$0
GIOVANNA MALDONADO
DIR. OF OPERATION40.00$127,663$0$4,173Yes (X)
TIFFANY GRAVER-SMITH
DIR. OF DEVELOPMENT OPERAT40.00$125,795$0$6,935Yes (X)
LUNA OTERO
DIR. OF TALENT MANAGEMENT40.00$90,881$0$6,008Yes (X)
THERESA THOMAS
SENIOR DIRECTOR OF ACADEMICS40.00$106,374$0$1,527Yes (X)
MARK MCBRIDE
DIR. OF MIDDLE SCHOOL STUDENT AFFAIRS40.00$84,675$0$0Yes (X)
DERIK WASHINGTON
SENIOR DIRECTOR OF CAMPUS LIFE40.00$104,619$0$1,486Yes (X)
ERIC LEWIS
DIRECTOR OF ADMISSIONS40.00$76,856$0$1,486Yes (X)
CLAUDIO SILVA MORAES
DIRECTOR OF FIANANCE40.00$60,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$776,863TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$21,615TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
THE SEED FOUNDATION INC
1776 MASSACHUSETTS AVE NW 600WASHINGTONDC20036ACADEMIC & NETWORK MANAGEMENT SUPPORT$591,839
MARS MASTER CLEANING
PO BOX 940112MIAMIFL33194CLEANING SERVICES$591,650
EXQUISITE CATERING BY ROBERT
800 NW 150TH STNORTH MIAMIFL33181FOOD SERVICES$398,212
USA HIGH SECURITY
8345 SW 40 STMIAMIFL33155SECURITY SERVICES$303,120
OASIS SOLUTIONS OF FLORIDA LLC
6001 NW 153 ST STE 16MIAMI LAKESFL33014MAINTENANCE$125,708
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Related Organizations$30,312RelatedOrganizationsAmt
Government Grants$12,150,220GovernmentGrantsAmt
All Other Contributions$1,526,971AllOtherContributionsAmt
Total Contributions$13,707,503TotalContributionsAmt
Fundraising Gross Income$72,030FundraisingGrossIncomeAmt
Fundraising Direct Expenses$63,459FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,571TotalRevenueColumnAmt
Exclusion$8,571ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$388,742TotalRevenueColumnAmt
Related Or Exempt Func Income$388,742RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$388,742OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,104,816TotalRevenueColumnAmt
Related Or Exempt Func Income$388,742RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8,571ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$900,017TotalAmt
Program Services$316,592ProgramServicesAmt
Management And General$583,425ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$333,015TotalAmt
Program Services$333,015ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$465,331TotalAmt
Management And General$465,331ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
INSTRUCTION$3,864,315$3,864,315
INSTRUCTIONAL SUPPORT$2,943,905$2,943,905
OPERATION OF PLANT$1,605,799$1,605,799
SCHOOL ADMINISTRATION$1,343,024$1,343,024

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,305,048TotalAmt
Program Services$3,093,144ProgramServicesAmt
Management And General$211,904ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,760,454TotalAmt
Program Services$11,893,995ProgramServicesAmt
Management And General$2,866,459ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,439,845BOYAmt
EOY$1,004,568EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$424,260BOYAmt
EOY$1,481,398EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,199,788LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,181,091LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,311,604BOYAmt
EOY$11,018,697EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$300,674BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,476,383BOYAmt
EOY$13,504,663EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$284,127BOYAmt
EOY$1,259,630EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$5,541,781BOYAmt
EOY$5,449,416EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$150,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,307,326BOYAmt
EOY$1,108,106EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,283,234BOYAmt
EOY$7,967,152EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,193,149BOYAmt
EOY$5,537,511EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,193,149BOYAmt
EOY$5,537,511EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,476,383BOYAmt
EOY$13,504,663EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$655,638ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,001,471OtherCostOrOtherBasisAmt
Depreciation$1,210,459DepreciationAmt
Book Value$10,791,012BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,116,023OtherCostOrOtherBasisAmt
Depreciation$888,338DepreciationAmt
Book Value$227,685BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$82,294OtherCostOrOtherBasisAmt
Depreciation$82,294DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,018,697TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LT SEED FOUNDATION$1,000,000
DUE TO/DUE FROM THE FOUNDATION$108,106
FieldValueIRS element (for citing)
Total Liability$1,108,106TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$14,168,275TotalRevEtcAuditedFinclStmtAmt
Other Revenue$63,459OtherRevenueAmt
Revenue Not Reported$63,459RevenueNotReportedAmt
Revenue Subtotal$14,104,816RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$14,104,816TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,823,913TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$63,459OtherExpensesIncludedAmt
Expenses Not Reported$63,459ExpensesNotReportedAmt
Expenses Subtotal$14,760,454ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,760,454TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 6/30/23, 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 2020.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 63,459.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 63,459.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE MIAMI BOARD SCHOOL, INC. 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 THE MIAMI BOARD SCHOOL STUDENTS. THE SCHOOL DOES NOT DISCRIMATE ON THE BASIS OF 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.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1LEGACY CEREMONYEvent1Nm
Gross Receipts Event1$72,030GrossReceiptsEvent1Amt
Gross Revenue Event1$72,030GrossRevenueEvent1Amt
Other Direct Expenses Event1$63,459OtherDirectExpensesEvent1Amt
Gross Receipts Total$72,030GrossReceiptsTotalAmt
Gross Revenue Total Events$72,030GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$63,459OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$63,459DirectExpenseSummaryEventsAmt
Net Income Summary$8,571NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE DRAFT OF THE 990 WILL BE DISTRIBUTED TO THE BOARD MEMBERS VIA EMAIL FOR THEIR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CAFTER INITIAL REVIEW OF STATEMENTS, IF ANY CONFLICTS ARE NOTED WE DETERMINE THE METHOD OF MONITORING AND ENFORCEMENT NEEDED.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 24EFISCAL SERVICES: PROGRAM SERVICE EXPENSES 1,137,088. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,137,088. FOOD SERVICES: PROGRAM SERVICE EXPENSES 763,480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 763,480. CENTRAL SERVICES: PROGRAM SERVICE EXPENSES 620,821. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 620,821. ADMINISTRATVIE TECHNOLOGY SERVICES: PROGRAM SERVICE EXPENSES 358,932. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 358,932. PUPIL TRANSPORTATION SERVICES: PROGRAM SERVICE EXPENSES 212,823. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 212,823. MAINTENANCE OF PLANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 211,904. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 211,904.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
THE SEED SCHOOL MIAMI FOUNDATION
1776 MASSACHUSETTS AVE NW STE 600WASHINGTONDC20036464498225FL501(C)(3)LINE 7N/A0
THE SEED FOUNDATION INC
1776 MASSACHUSETTS AVE NW STE 600WASHINGTONDC20036541850819FL501(C)(3)LINE 7N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
THE SEED FOUNDATION INC
M$676,387FMV
THE SEED FOUNDATION INC
C$30,312FMV

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