2023-04-27T11:56:41-05:00 2022-06-30 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2021-07-01 651149763 SARASOTA MILITARY ACADEMY INC SARA 9419261700 801 NORTH ORANGE AVENUE SARASOTA FL 34236 DR THOMAS MCELHENY CHAIRMAN 9419261700 2023-04-12 1 DR THOMAS MCELHENY 999009999 REBECCA U STONER P00585910 9413654617 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR THOMAS MCELHENY 801 NORTH ORANGE AVENUE SARASOTA FL 34236 13409207 0 X WWW.SARASOTAMILITARYACADEMY.ORG X 2002 FL SEE SCHEDULE O 10 10 216 45 0 0 2081553 142978 12791542 13187356 194 143 79024 78730 14952313 13409207 140635 0 0 0 9318090 9494068 0 0 0 3749458 3855732 13208183 13349800 1744130 59407 22680421 20925288 21419708 19342901 1260713 1582387 X SEE SCHEDULE O 0 0 9494939 0 13248161 THE SARASOTA MILITARY ACADEMY (SMA) OFFERS A VAST ARRAY OF EXCITING, HIGH INTEREST, AND IN-DEPTH COURSE OFFERINGS (MAJORS). ALL COURSES ARE DESIGNED TO MEET AND EXCEED DISTRICT AND SUNSHINE STATE STANDARDS AND TO LAUNCH STUDENTS ON A PATH TO FUTURE SUCCESS. OUR GRADUATES ARE WELL PREPARED FOR COLLEGE, MILITARY SERVICE, OR THEIR CHOSEN CAREER FIELD. WE ARE PROUD TO OUTLINE THE "MAJOR OPPORTUNITIES" OFFERED TO SMA CADETS.SMALL CLASS SIZES, INDIVIDUALIZED INSTRUCTION, STRUCTURE, DISCIPLINE, STRINGENTLY ENFORCED DRESS CODES, AND RESPECT IN THE CLASSROOM HELP TO ENSURE A UNIQUE, HIGH QUALITY INSTRUCTIONAL PROGRAM. WE HAVE NO ENTRANCE REQUIREMENTS, BUT WE DO HAVE HIGH EXPECTATIONS FOR OUR CADETS BOTH ACADEMICALLY AND BEHAVIORALLY. ADDITIONAL INFORMATION MAY BE FOUND ON OUR WEBSITE AT: SARASOTAMILITARYACADEMY.ORG.RECIPIENT OF THE UNITED STATES ARMY'S HIGHEST AWARD "HONOR UNIT WITH DISTINCTION". FULLY ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS/ADVANCED. DRUG TESTING AND CRIMINAL HISTORY BACKGROUND CHECKS OF EVERY EMPLOYEE. A RECOGNIZED COMMUNITY LEADER FOR INVOLVEMENT IN VETERANS AND MEMORIAL DAY PARADES, CIVIC EVENTS, BLOOD BANK CONTRIBUTIONS, LETTERS TO TROOPS, WREATHS ACROSS AMERICA AND TOYS FOR TOTS. FAMILY ORIENTED WITH CONCERN FOR THE SUCCESS OF EACH CADET.JROTC ADVANCED SKILLS DEVELOPMENT AND LEADERSHIP - FOR STUDENTS WHO ARE SERIOUS ABOUT JOINING THE MILITARY AND/OR GOING TO ONE OF THE SERVICE ACADEMIES, STAFF TRAINING IS AVAILABLE. SINCE SMA IS A COLLEGE AND CAREER PREPARATORY SCHOOL, MOST OF OUR STUDENTS (85%) GO ON TO COLLEGE RATHER THAN THE MILITARY WITH A 95% GRADUATION RATE. PLEASE BE AWARE THAT ALTHOUGH WE ARE A MILITARY ACADEMY, AND EVERYONE TAKES JROTC, THE FOCUS IN THE PROGRAM IS ON DEVELOPING LEADERSHIP QUALITIES VIA THE JROTC PROGRAM WITH THE END GOAL BEING TO HELP OUR STUDENTS BECOME BETTER CITIZENS, LEADERS, AND TEAM PLAYERS IN THEIR CHOSEN PATH IN LIFE.SMA PREP PARTICIPATED IN THE VETERAN'S AND MEMORIAL DAY PARADES, WREATHS ACROSS AMERICA AND TOYS FOR TOTS. SMA PREP JOINED THE FLORIDA SUN COAST LEAGUE (FSCL) AND IS COMPETING WITH OTHER MEMBERS IN MANY SPORTS. 9494939 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 216 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X STEVE KOK 9419261700 801 NORTH ORANGE AVENUE SARASOTA FL 34236 DR BRIAN CRUPI BOARD MEMBER 1.00 X 0 0 0 MS ERICA GREGORY BOARD MEMBER 1.00 X 0 0 0 MS LINDA LONG BOARD MEMBER 1.00 X 0 0 0 MR PETER SKOKOS ESQ BOARD MEMBER 1.00 X 0 0 0 MR RICHARD SWOOPE BOARD MEMBER 1.00 X 0 0 0 MR JIM TOLLERTON BOARD MEMBER 1.00 X 0 0 0 MS CINDY WEST BOARD MEMBER 1.00 X 0 0 0 COL BEN KNISELY SECRETARY 2.00 X X 0 0 0 MR SCOTT LEMPE VICE CHAIR/TREASURER 2.00 X X 0 0 0 DR THOMAS J MCELHENY CHAIRMAN 5.00 X X 0 0 0 MS CHRISTINA BOWMAN CEO 50.00 X 136675 0 17359 STEPHEN KOK DIRECTOR OF FINANCE 50.00 X 118816 0 23013 FREDERICK FOUT HEAD OF SCHOOL - HS 50.00 X 109474 0 14812 TOM VARA HEAD OF SCHOOL - PREP 50.00 X 106026 0 10789 470991 0 65973 4 0 1 0 INFORMATION TECHNOLOGY SOLUTIONS GROUP 9104 58TH DRIVE EAST SUITE 101 BRADENTON FL 34202 INFORMATION TECHNOLOGY SERVICES 256603 CITY WIDE FACILITY SOLUTIONS 8950 9TH STREET NORTH SUITE 103 ST PETERSBURG FL 33702 MAINTENANCE SERVICE/FACILITIES 205408 SARASOTA COUNTY SHERIFF'S OFFICE PO BOX 4115 SARASOTA FL 34230 SECURITY 124752 IMAGENET CONSULTING OF TAMPA PO BOX 105743 ATLANTA GA 30348 LEASES 117901 4 135023 7955 4000 142978 SCHOOL REVENUE 611600 13187356 13187356 13187356 143 143 2182 0 2182 2182 INTERNATIONAL BACCALAUREATE 611600 45183 45183 ADVANCED PLACEMENT 611600 13440 13440 CREDIT CARD REBATE 611600 9857 9857 8068 8068 76548 13409207 13248161 0 18068 557673 557673 6944331 6014339 929992 729673 631930 97743 753088 609647 143441 509303 434969 74334 6570 6570 53457 53457 877717 375274 502443 109793 69515 40278 139674 64022 75652 479782 29258 450524 8623 1154 7469 385181 385181 648552 448282 200270 333705 180 333525 TEXTBOOKS, SUPPLIES & M 221545 103563 117982 SPORTS & RECREATION 176148 176148 FUEL 91940 88067 3873 DUAL ENROLLMENT CHARGE 87034 0 87034 236011 63410 172601 13349800 9494939 3854861 0 218047 219689 2090146 1764222 41001 188431 8402 8870 26325989 7595890 19081937 18730099 1240888 13977 22680421 20925288 576536 555272 11119647 10568006 9723525 8219623 21419708 19342901 X 1240021 1562460 20692 19927 1260713 1582387 22680421 20925288 X 59407 262267 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8398300 8398300 14050589 4351397 9699192 3877100 3244493 632607 18730099 FUNDS HELD FOR BENEFIT OF OTHERS 36448 INTEREST RATE SWAP CONTRACT 126627 COMPENSATED ABSENCES 18307 NET PENSION LIABILITY 3505547 DEFERRED INFLOWS RELATED TO PENSION 4439172 DEFERRED OUTFLOWS RELATED TO PENSION 93522 8219623 X 13935626 526419 526419 13409207 0 13409207 13613952 264152 264152 13349800 0 13349800 PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE SCHOOL'S STATUS AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY IS CONSIDERED A TAX POSITION SUBJECT TO REPORTING REQUIREMENTS UNDER FASB ACCOUNTING STANDARDS CODIFICATION 740-10. ENTITIES ARE REQUIRED TO EXAMINE ALL TAX POSITIONS AND DETERMINE IF IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE SCHOOL HAS NOT RECORDED ANY ACCRUALS FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST RATE SWAP AGREEMENT 373,581. REIMBURSED EXPENSES REPORTED WITH REVENUE ON AUDIT 152,838. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEFERRED INFLOWS RELATED TO PENSIONS 111,314. REFUNDED EXPENSES REPORTED WITH REVENUE ON AUDIT 152,838. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS POLICY IS POSTED ON OUR SCHOOL'S WEBSITE UNDER THE ADMISSIONS SECTION > PROCESS & LOTTERY. IT IS ALSO DISCUSSED AT ADMISSIONS MEETINGS. SCHEDULE E, PART I, LINE 6 FEFP FUNDS RECEIVED MONTHLY X 0 0 0 0 0 0 0 0 0 MS CHRISTINA BOWMAN CEO 124925 0 10000 0 1750 0 13020 0 4339 0 154034 0 0 0 A SARASOTA COUNTY FLORIDA 596000848 2012-07-18 5565000 REFINANCE CAPITAL BONDS 1 1 0 B SARASOTA COUNTY FLORIDA 596000848 2016-03-25 8554540 PURCHASE OF LAND 1 1 0 A 176000 5565000 751 110000 2012 0 0 1 1 B 375640 7604540 174027 7424549 950000 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 1 0 0 0 1 B 1 1 0 0 0 1 A 0 B 0 FORM 990, PART I, LINE 1 DESCRIPTION OF ORGANIZATION MISSION: SARASOTA MILITARY ACADEMY IS A HIGH SCHOOL FOR GRADES 9-12 AND A MIDDLE SCHOOL FOR GRADES 6-8. IT IS A NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES CLASSES MEETING THE FLORIDA STATE INSTRUCTIONAL CURRICULUM REQUIREMENTS FOR A HIGH SCHOOL. ALL HIGH SCHOOL STUDENTS ARE REQUIRED TO ENROLL IN JROTC CLASSES AND WEAR THE U.S. ARMY UNIFORM. IN ADDITION TO OFFERING ALL STATE-MANDATED COURSES, CLASSES IN FENCING, SELF-DEFENSE, SHOW CHORUS, BAND AND CHOIR ARE ALSO AVAILABLE. EXCEPTIONAL EDUCATIONAL CLASSES ARE OFFERED AS APPROPRIATE. PARTICIPATION IN EXTRACURRICULAR ACTIVITIES IS EXPECTED AND INCLUDES TEAMS IN DRILL, RIFLE MARKSMANSHIP AND RAIDERS. WE ARE ALSO A MEMBER OF THE FLORIDA HIGH SCHOOL ATHLETICS ASSOCIATION AND HAVE ACTIVITIES IN GOLF, LACROSSE, SOCCER, BASKETBALL, VOLLEYBALL, CROSS COUNTRY, BASEBALL AND WRESTLING. WE ARE AN ARMY CADET COMMAND 'HONOR UNIT WITH DISTINCTION', AND FULLY ACCREDITED WITH THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS/ADVANCED. ALL MIDDLE SCHOOL STUDENTS ARE REQUIRED TO PARTICIPATE IN MILITARY STUDIES AND CHARACTER DEVELOPMENT IN THE ENTIRE PROGRAM WITH A LEARNER-CENTERED APPROACH. ALL STUDENTS ARE EXPECTED TO PARTICIPATE IN AN EXTRACURRICULAR ACTIVITY OR CLUB. FORM 990, PART I, LINE 6 VOLUNTEERS ASSIST IN SERVING LUNCH, CHAPERONE EVENTS, ADMINISTRATION, MENTOR CHILDREN, ORGANIZE SOCIAL EVENTS, TRANSPORTATION, NURSES OFFICE, AND ATHLETIC COACHES. FORM 990, PART III, LINE 1 ORGANIZATION MISSION STATEMENT: WITHIN A CULTURE WHERE EVERY CADET IS HIGHLY VALUED, SARASOTA MILITARY ACADEMY IS COMMITTED TO: - PREPARING STUDENTS FOR COLLEGE, CAREERS, AND CITIZENSHIP; - DEVELOPING TOMORROW'S LEADERS; AND - CULTIVATING CHARACTER BASED UPON THE STEADFAST VALUES OF HONOR, INTEGRITY, AND RESPECT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST. THESE CONFLICTS ARE MONITORED AND REVIEWED BY THE CEO. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS HISTORICALLY DETERMINED FAIR MARKET PAY FOR KEY EMPLOYEES AND WILL CONTINUE TO DO SO IF SIGNIFICANT CHANGES ARE NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 MEETINGS OF THE BOARD ARE POSTED ON THE SCHOOL'S WEBSITE, MARQUEE, MAIN OFFICES AND MESSAGED TO ALL FAMILIES. DURING THE MEETING, COPIES OF THE PREVIOUS MEETING MINUTES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VISITORS TO VIEW. THEY ARE ALSO AVAILABLE ON REQUEST OR ONLINE ON THE SCHOOL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP AGREEMENT 373,581. DEFERRED OUTFLOWS/INFLOWS RELATED TO PENSIONS -111,314. FORM 990, PART XII, LINE 2C AUDIT REVIEW PROCESS THERE WERE NO CHANGES TO THE ENTITY'S AUDIT OVERSIGHT PROCESS DURING THE TAX YEAR. SARASOTA MILITARY ACADEMY FOUNDATION INC 801 N ORANGE AVE SARASOTA FL 34236 821047032 ACCEPT & ADMINISTER CONTRIBUTIONS FOR BENEFIT OF SARASOTA MILITARY ACADEMY FL 501(C)(3) LINE 12A, I 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0