BAY HAVEN CHARTER ACADEMY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BAY HAVEN CHARTER ACADEMY INC (EIN 65-1121807)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-29
IRS object ID
202520889349300902
Schema version
2023v6.0
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)
Return2025-03-29T13:52:53-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN994625061PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CRI ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line114101 PANAMA CITY BCH PKWY SUITEAddressLine1Txt
Address Line2200AddressLine2Txt
CityPANAMA CITY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32413ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN651121807EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BAY HAVEN CHARTER ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBAYHBusinessNameControlTxt
Phone8509133463PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12501 HAWKS LANDING BLVDAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJON MCFATTERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8509133463PhoneNum
Signature2025-03-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA R GOOLSBY CPAPreparerPersonNm
PTINP00360749PTIN
Phone8507846733PhoneNum
Preparation2025-03-04PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTIFFANY ENNISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12501 HAWKS LANDING BLVDAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$39,636,041GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BAYHAVEN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE COMPANY OWNS AND OPERATES FIVE CHARTER SCHOOLS IN PANAMA CITY, FLORIDA.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee642TotalEmployeeCnt
Total Volunteers2150TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$31,728,333PYContributionsGrantsAmt
CY Contributions Grants$36,822,315CYContributionsGrantsAmt
PY Program Service Revenue$2,173,581PYProgramServiceRevenueAmt
CY Program Service Revenue$2,358,733CYProgramServiceRevenueAmt
PY Investment Income$131,370PYInvestmentIncomeAmt
CY Investment Income$232,930CYInvestmentIncomeAmt
PY Other Revenue$3,583PYOtherRevenueAmt
CY Other Revenue$222,063CYOtherRevenueAmt
PY Total Revenue$34,036,867PYTotalRevenueAmt
CY Total Revenue$39,636,041CYTotalRevenueAmt
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$22,258,703PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$26,178,063CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,560,517PYOtherExpensesAmt
CY Other Expenses$10,700,730CYOtherExpensesAmt
PY Total Expenses$32,819,220PYTotalExpensesAmt
CY Total Expenses$36,878,793CYTotalExpensesAmt
PY Revenues Less Expenses$1,217,647PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,757,248CYRevenuesLessExpensesAmt
Total Assets BOY$73,551,408TotalAssetsBOYAmt
Total Assets EOY$79,458,168TotalAssetsEOYAmt
Total Liabilities BOY$50,403,015TotalLiabilitiesBOYAmt
Total Liabilities EOY$53,552,527TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$23,148,393NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$25,905,641NetAssetsOrFundBalancesEOYAmt
MissionAS A COMMUNITY SCHOOL OF "CHOICE" FOR TEACHERS, PARENTS & STUDENTS, BHCA, INC.'S MISSION IS TO STRIVE TOGETHER TO TEACH BEYOND THE STANDARDS IN ORDER TO MEET EACH CHILD'S NEEDS BY MOTIVATING STUDENTS TO REACH THEIR UNIQUE POTENTIAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$21,315,102ExpenseAmt
Revenue$2,580,796RevenueAmt
DescBAY HAVEN CHARTER ACADEMY, INC. ENROLLED CHILDREN IN PRESCHOOL THROUGH TWELFTH GRADE. WE SERVE APPROXIMATELY 3,300 STUDENTS BETWEEN FIVE CHARTER SCHOOLS (TWO ELEMENTARY SCHOOLS, TWO MIDDLE SCHOOLS, AND ONE HIGH SCHOOL AS WELL AS TWO PRESCHOOL PROGRAMS). WE ALSO OFFER VARIOUS SERVICES TO STUDENTS LIKE AFTERCARE, LUNCH PROGRAMS, AND SUMMER PROGRAMS.Desc
Total Program Service Expenses$21,315,102TotalProgramServiceExpensesAmt
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 AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee642EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JENNIFER MCCABEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8502483500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12501 HAWKS LANDING BLVDAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TIFFANY ENNIS
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JENNIFER MCCABE
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
DANIEL BREWER
DIRECTOR1.00Yes (X)$0$0$0
LANCE MARRANO
DIRECTOR1.00Yes (X)$0$0$0
TIM PARKER
DIRECTOR1.00Yes (X)$0$0$0
SANDY PORTER
DIRECTOR1.00Yes (X)$0$0$0
WAYLON THOMPSON
DIRECTOR1.00Yes (X)$0$0$0
JOYCE WILSON
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
BOB AMIN
DIRECTOR1.00Yes (X)$0$0$0
JULIE MADDOX
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
LARRY BOLINGER
CEO40.00Yes (X)$138,010$0$0
LAURA ADAMS
CFO40.00Yes (X)$104,467$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$242,477TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
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
CULPEPPER CONSTRUCTION COMPANY
1538 METROPOLITAN BVDTALLAHASSEEFL32308BUILDING SERVICES FOR NEW CLASSROOMS$1,624,359
BAY COUNTY SHERIFF'S OFFICE
3421 HIGHWAY 77PANAMA CITYFL32405SECURITY SERVICES$405,070
COMPLETE GENERAL CONTRACTORS INC
PO BOX 1496GULF BREEZEFL32562BUILDING CONSULTANTS HIRED FOR LITIGATIO$332,671
M GAY CONSTRUCTORS INC
PO BOX 26249JACKSONVILLEFL32226LIGHTING CONTRACTOR THAT INSTALLED LIGHT$278,344
RELIANTSOUTH CONSTRUCTION
230 W 5TH STREETPANAMA CITYFL32401BUILDING SERVICES FOR NBH PROJECTS$198,839
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$36,555,852GovernmentGrantsAmt
All Other Contributions$266,463AllOtherContributionsAmt
Total Contributions$36,822,315TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
AFTERCARE FEES611110$868,160$868,160
PRESCHOOL FEES611110$716,136$716,136
STUDENT LUNCHES611110$613,024$613,024
OTHER MISCELANEOUS PROGRAM SERVIC611110$161,413$161,413
FieldValueIRS element (for citing)
Total Program Service Revenue$2,358,733TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$232,930TotalRevenueColumnAmt
Exclusion$232,930ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE RECOVERIES-HURRICANE MIDesc
Business900099BusinessCd
Total Revenue Column$222,063TotalRevenueColumnAmt
Related Or Exempt Func Income$222,063RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$222,063OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,636,041TotalRevenueColumnAmt
Related Or Exempt Func Income$2,580,796RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$232,930ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$203,206TotalAmt
Management And General$203,206ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$17,806,274TotalAmt
Program Services$13,883,781ProgramServicesAmt
Management And General$3,922,493ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,637,942TotalAmt
Program Services$4,322,621ProgramServicesAmt
Management And General$1,315,321ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,206,420TotalAmt
Program Services$935,379ProgramServicesAmt
Management And General$271,041ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,324,221TotalAmt
Program Services$1,012,497ProgramServicesAmt
Management And General$311,724ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$664,310TotalAmt
Management And General$664,310ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$111,291TotalAmt
Management And General$111,291ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$598,156TotalAmt
Program Services$202,719ProgramServicesAmt
Management And General$395,437ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$87TotalAmt
Management And General$87ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,187,893TotalAmt
Program Services$41,051ProgramServicesAmt
Management And General$1,146,842ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$86,230TotalAmt
Program Services$71,892ProgramServicesAmt
Management And General$14,338ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,548,585TotalAmt
Management And General$1,548,585ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,695,536TotalAmt
Management And General$2,695,536ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$508,131TotalAmt
Program Services$23,776ProgramServicesAmt
Management And General$484,355ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$2,118,226$812,397$1,305,829
OTHER EXPENSES$1,182,285$8,989$1,173,296

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$36,878,793TotalAmt
Program Services$21,315,102ProgramServicesAmt
Management And General$15,563,691ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$19,367,459BOYAmt
EOY$21,072,257EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,122,470BOYAmt
EOY$3,998,359EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$936,127BOYAmt
EOY$3,086,694EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$9,788BOYAmt
EOY$10,194EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$302,185BOYAmt
EOY$458,121EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$66,132,984LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,185,964LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$42,549,843BOYAmt
EOY$44,947,020EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,263,536BOYAmt
EOY$5,885,523EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$73,551,408BOYAmt
EOY$79,458,168EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,161,872BOYAmt
EOY$2,092,427EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$405,100BOYAmt
EOY$434,368EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$33,150,709BOYAmt
EOY$32,393,877EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,685,334BOYAmt
EOY$18,631,855EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$50,403,015BOYAmt
EOY$53,552,527EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,547,402BOYAmt
EOY$8,421,100EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,457,218BOYAmt
EOY$3,296,280EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,148,393BOYAmt
EOY$25,905,641EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$73,551,408BOYAmt
EOY$79,458,168EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,757,248ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,612,870OtherCostOrOtherBasisAmt
Book Value$2,612,870BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,927,344OtherCostOrOtherBasisAmt
Depreciation$11,635,334DepreciationAmt
Book Value$28,292,010BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,715,359OtherCostOrOtherBasisAmt
Depreciation$3,730,130DepreciationAmt
Book Value$985,229BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,511,006OtherCostOrOtherBasisAmt
Depreciation$5,672,280DepreciationAmt
Book Value$2,838,726BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,366,405OtherCostOrOtherBasisAmt
Depreciation$148,220DepreciationAmt
Book Value$10,218,185BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$44,947,020TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
UTILITY DEPOSITS$11,426
DEFERRED OUTFLOWS$5,874,097
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,885,523TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED INFLOWS$1,123,075
NET PENSION LIABILITY - FRS$10,917,591
NET PENSION LIABILITY - HIS$6,591,189
FieldValueIRS element (for citing)
Total Liability$18,631,855TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$39,636,041TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$39,636,041RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$39,636,041TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$36,603,741TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$275,053OtherExpensesIncludedAmt
Expenses Not Reported-$275,053ExpensesNotReportedAmt
Expenses Subtotal$36,878,794ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$36,878,794TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:BAY HAVEN CHARTER ACADEMY, INC. (COMPANY) IS RESPONSIBLE FOR THE INCOME TAXES OF THE SCHOOLS UNDER ITS CONTROL. THE COMPANY IS A NONPROFIT CORPORATION WHOSE REVENUE IS DERIVED PRIMARILY FROM ITS FIVE CHARTER SCHOOLS. THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE COMPANY HAS NO UNRELATED BUSINESS TAXABLE INCOME FOR THE YEAR ENDED JUNE 30, 2023. THE COMPANY'S FEDERAL INCOME TAX RETURNS FOR 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED.
PART XII, LINE 2D - OTHER ADJUSTMENTS:GOVERNMENTAL FUNDS RECON - CAPITAL OUTLAY 2,397,177. GOVERNMENTAL FUNDS RECON - LONG TERM DEBT 759,850. GOVERNMENTAL FUNDS RECON - OTHER EXPENSES -3,432,080.

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

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
BAY COUNTY FL
A596000512072222AJ12013-04-25$20,265,000CAPITAL EXPENDITURES0Yes (1)0
BAY COUNTY FL
B596000512072222AP72016-10-01$5,000,000CAPITAL EXPENDITURES0Yes (1)0
BAY COUNTY FL
C5960005122020-10-21$9,510,000REFINANCE OF 2010 BONDS0Yes (1)0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$19,550,116$2,162,607$391,000$17,078,646$913,848201500Yes (1)Yes (1)
B$5,047,084$1,028,064$4,737,927201600Yes (1)Yes (1)
C$338,922202000Yes (1)Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line2GICProviderName/BusinessNameLine2TxtTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
NATIXIS FUNDING
A0Yes (1)00Yes (1)0Yes (1)CORP5.000000000000Yes (1)00
NATIXIS FUNDING
B0Yes (1)00Yes (1)0Yes (1)CORP5.000000000000Yes (1)00
(no name)
CYes (1)00000

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0
C0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS NOT PRESENTED TO THE BOARD PRIOR TO FILING THE RETURN. THE CFO RECONCILES THE 990 INFORMATION TO THE AUDITED FINANCIAL STATEMENTS.
FORM 990, PART VI, SECTION B, LINE 12CBOARD IS MADE AWARE OF POLICY.
FORM 990, PART VI, SECTION B, LINE 15BOARD APPROVES THE SALARY POLICY.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST
FORM 990, PART XII, LINE 2C:NO CHANGE IN THE PROCESS FROM PRIOR YEAR.

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