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DORAL ACADEMY OF NORTH CAROLINA: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
DORAL ACADEMY OF NORTH CAROLINA (EIN 81-3878918)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202521349349302287
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)
Return2025-05-14T09:05:37-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204946415PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HLB GRAVIER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14000 PONCE DE LEON BLVD SUITE 610AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33146ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813878918EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DORAL ACADEMY OF NORTH CAROLINABusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDORABusinessNameControlTxt
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID CORREAPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone3056694390PhoneNum
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARDO D GRAVIERPreparerPersonNm
PTINP00368983PTIN
Phone3054463022PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID CORREAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,946,322GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DORALACADEMYNC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionDORAL ACADEMY OF NORTH CAROLINA WILL PROVIDE QUALITY INSTRUCTION, HIGH EXPECTATIONS, AND A STANDARD-BASED CURRICULUM WITH A FOCUS ON STEAM. THE SCHOOL WILL PREPARE STUDENTS FOR HIGH ACADEMIC PERFORMANCE, STIMULATE THEIR LIFELONG LOVE OF MATH AND SCIENCE AND CREATE NEW PATHWAYS FOR THEM TO PURSUE ACADEMIC AND PROFESSIONAL CAREERS IN THE FIELDS OF MATH, SCIENCE, ENGINEERING, THE ARTS AND TECHNOLOGY. THE LEARNING ENVIRONMENT WILL SUPPORT THE SCHOOLS MISSION OF DELIVERING AN EXCEPTIONAL EDUCATIONAL EXPERIENCE.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee62TotalEmployeeCnt
Total Volunteers48TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,597,615PYContributionsGrantsAmt
CY Contributions Grants$5,010,298CYContributionsGrantsAmt
PY Program Service Revenue$489,991PYProgramServiceRevenueAmt
CY Program Service Revenue$780,035CYProgramServiceRevenueAmt
PY Investment Income$34,718PYInvestmentIncomeAmt
CY Investment Income$33,485CYInvestmentIncomeAmt
PY Other Revenue$17,015PYOtherRevenueAmt
CY Other Revenue$122,504CYOtherRevenueAmt
PY Total Revenue$4,139,339PYTotalRevenueAmt
CY Total Revenue$5,946,322CYTotalRevenueAmt
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$1,672,819PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,563,619CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,923,116PYOtherExpensesAmt
CY Other Expenses$2,750,812CYOtherExpensesAmt
PY Total Expenses$3,595,935PYTotalExpensesAmt
CY Total Expenses$5,314,431CYTotalExpensesAmt
PY Revenues Less Expenses$543,404PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$631,891CYRevenuesLessExpensesAmt
Total Assets BOY$6,122,759TotalAssetsBOYAmt
Total Assets EOY$6,126,544TotalAssetsEOYAmt
Total Liabilities BOY$5,904,891TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,276,786TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$217,868NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$849,758NetAssetsOrFundBalancesEOYAmt
MissionTHE VISION OF DORAL ACADEMY NORTH CAROLINA IS TO DELIVER AN EXCEPTIONAL EDUCATIONAL EXPERIENCE THAT ENGAGES STUDENTS IN RIGOROUS LEARNING THROUGH STEAM EDUCATION, EMPOWERING THEM TO BE LIFELONG LEARNERS AND SUCCESSFUL FUTURE LEADERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,067,042ExpenseAmt
Revenue$936,024RevenueAmt
DescDORAL ACADEMY OF NORTH CAROLINA IS DEDICATED TO PROVIDING A WELL-ROUNDED ACADEMIC CURRICULUM FOR OUTSTANDING STUDENT ACHIEVEMENT WHILE PREPARING STUDENTS TO BECOME CREATIVE PROBLEM SOLVERS BY EMPHASIZING THE INTERCONNECTIONS BETWEEN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH; THEREFORE, PREPARING STUDENTS TO BE READY FOR THE CHALLENGES OF AN EVER-EVOLVING WORLD.FOR THE FISCAL YEAR ENDED JUNE 30, 2024, 420 STUDENTS WERE ENROLLED.Desc
Total Program Service Expenses$4,067,042TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 Footnote0IncludeFIN48FootnoteInd
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 Activities0FundraisingActivitiesInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee62EmployeeCnt
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 Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANA MARIA MARTINEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID CORREA
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
LUCINDA SHORE
VICE-CHAIR2.00Yes (X)Yes (X)$0$0$0
DOUGLAS RODRIGUEZ
BOARD MEMBER2.00Yes (X)$0$0$0
CECILIA GUILARTE
BOARD MEMBER2.00Yes (X)$0$0$0
ELIZABETH SMITH
RESIGNED 02/21/242.00Yes (X)$0$0$0
CALVIN STEVENS
RESIGNED 06/13/242.00Yes (X)$0$0$0
ANNALIET ECHANIZ
PRINCIPAL40.00$127,696$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$127,696TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
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
ADP TOTAL SOURCE
10200 SW 72ND STMIAMIFL33173EMPLOYEE LEASING$2,054,089
ACADEMICA DADE LLC
6340 SUNSET DRMIAMIFL33143EDUCATIONAL SUPPORT SERVICES$557,700
SCHOOL DEVELOPMENT DESTINY LLC
6457 SUNSET DRMIAMIFL33155FACILITY LEASING$540,000
WAKE COUNTY BOARD OF EDUCATION
5625 DILLARD DRIVECARYNC27518FOOD PROVIDERS$132,220
METEOR EDUCATION LLC
690 NE 23RD AVEGAINESVILLEFL32609EDUCATIONAL SUPPORT SERVICES$123,999
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Government Grants$5,010,298GovernmentGrantsAmt
Total Contributions$5,010,298TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
AFTER SCHOOL CARE611710$299,541$299,541
PRE-K INCOME611710$283,465$283,465
COMMUNITY SERVICES611710$106,156$106,156
LUNCH611710$55,673$55,673
USAGE AND RENTAL FEES611710$35,200$35,200
FieldValueIRS element (for citing)
Total Program Service Revenue$780,035TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,485TotalRevenueColumnAmt
Related Or Exempt Func Income$33,485RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS INCOME611710$83,143$83,143
E-RATE REBATES611710$39,361$39,361
FieldValueIRS element (for citing)
Other Revenue Total$122,504OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,946,322TotalRevenueColumnAmt
Related Or Exempt Func Income$936,024RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,113,053TotalAmt
Program Services$1,605,825ProgramServicesAmt
Management And General$507,228ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$77,451TotalAmt
Program Services$77,451ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$373,115TotalAmt
Program Services$317,297ProgramServicesAmt
Management And General$55,818ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$214,500TotalAmt
Management And General$214,500ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$23,119TotalAmt
Management And General$23,119ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,275TotalAmt
Management And General$7,275ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$143,813TotalAmt
Program Services$143,663ProgramServicesAmt
Management And General$150ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,438TotalAmt
Management And General$1,438ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$199,708TotalAmt
Program Services$168,932ProgramServicesAmt
Management And General$30,776ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$90,234TotalAmt
Program Services$87,001ProgramServicesAmt
Management And General$3,233ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$606,281TotalAmt
Program Services$503,656ProgramServicesAmt
Management And General$102,625ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$257,257TotalAmt
Program Services$237,090ProgramServicesAmt
Management And General$20,167ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$46,719TotalAmt
Program Services$21,553ProgramServicesAmt
Management And General$25,166ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
AFTERCARE / PRE-K EXPEN$504,312$504,312
REPAIRS & MAINTENANCE$175,449$175,449
FOOD$167,486$22,672$144,814
MISCELLENOUSE EXPENSES$95,788$95,788

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$217,433TotalAmt
Program Services$106,353ProgramServicesAmt
Management And General$111,080ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,314,431TotalAmt
Program Services$4,067,042ProgramServicesAmt
Management And General$1,247,389ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,168,103BOYAmt
EOY$1,785,400EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$51,643BOYAmt
EOY$132,168EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$199,915BOYAmt
EOY$121,062EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,181,090LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$628,727LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$743,281BOYAmt
EOY$552,363EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,959,817BOYAmt
EOY$3,535,551EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,122,759BOYAmt
EOY$6,126,544EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$707,105BOYAmt
EOY$425,833EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,197,786BOYAmt
EOY$4,850,953EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,904,891BOYAmt
EOY$5,276,786EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$217,867BOYAmt
EOY$849,758EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$217,867BOYAmt
EOY$849,758EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,122,758BOYAmt
EOY$6,126,544EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$631,891ReconcilationRevenueExpnssAmt
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 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 D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,987OtherCostOrOtherBasisAmt
Depreciation$25,630DepreciationAmt
Book Value$27,357BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$946,477OtherCostOrOtherBasisAmt
Depreciation$456,788DepreciationAmt
Book Value$489,689BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$181,626OtherCostOrOtherBasisAmt
Depreciation$146,309DepreciationAmt
Book Value$35,317BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$552,363TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE ASSETDesc
Book Value$3,535,551BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,535,551TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO DORAL INC$1,176,917
LEASE LIABILITY - RIGHT OF USE$3,674,036
FieldValueIRS element (for citing)
Total Liability$4,850,953TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$5,946,322TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,946,322RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,946,322TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,314,431TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,314,431ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,314,431TotalExpensesPerForm990Amt

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 Recs0MaintainScholarshipsRecsInd
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 RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3A NON-DISCRIMINATORY STATEMENT IS INCLUDED IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDED A NON - DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS PUBLISHED EACH YEAR, FOR THE LUNCH PROGRAM ON LOCAL NEWSPAPER AND TV STATIONS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSINTANCE TO ANY STUDENTS.
SCHEDULE E, PART I, LINE 5THE SCHOOL MAY RECEIVE THE SUPPORT FROM FEDERAL, STATE AND COUNTY GRANTS.
SCHEDULE E, PART I, LINE 6THE SCHOOL MAY RECEIVE SUPPORT FROM FEDERAL, STATE AND COUNTY GRANTS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ACADEMICA DADE, LLC, AN EDUCATIONAL SERVICE AND SUPPORT PROVIDER COMPANY, PROVIDES PROFESSIONAL SERVICES AND RELATED SUPPORT TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO ACADEMIC SUPPORT, FACILITY DEVELOPMENT & COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP,BOOKKEEPING AND ACCOUNTING, BUDGETING, AND FINANCIAL REPORTING.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED AND SIGNED BY THE ORGANIZATION'S AUTHORIZED REPRESENTATIVE.
FORM 990, PART VI, SECTION B, LINE 12CA RELATED PARTY QUESTIONNAIRE IS COMPLETED ANNUALLY BY EACH MEMBER.
FORM 990, PART VI, SECTION B, LINE 15DURING THE DETERMINATION OF COMPENSATION OF OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 18THIS INFORMATION IS AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE TO THE GENERAL PUBLIC VIA WWW.GUIDESTAR.ORG.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONDORAL ACADEMY OF NORTH CAROLINA INC 6340 SUNSET DRIVE MIAMI, FL 33143 EIN:81-3878918 FOR THE YEAR ENDING JUNE 30, 2024 DORAL ACADEMY OF NORTH CAROLINA INC IS MAKING DE MINIMIS SAFE HARBOR ELECTION UNDER REG.SEC.1.263(A)-1(F).
SECTION 1.263(A)-1(N) ELECTIONDORAL ACADEMY OF NORTH CAROLINA INC 6340 SUNSET DRIVE MIAMI, FL 33143 EIN:81-3878918 FOR THE YEAR ENDING JUNE 30, 2024 DORAL ACADEMY OF NORTH CAROLINA INC IS ELECTING TO CAPITALIZE REPAIRS AND MAINTENANCE COSTS UNDER REG.SEC.1.263(A)-1(N).

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