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ARCHIMEDEAN ACADEMY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ARCHIMEDEAN ACADEMY INC (EIN 02-0607904)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202531349349308968
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)
Return2025-05-14T14:22:10-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN872525370PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CITRIN COOPERMAN ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16550 N FEDERAL HIGHWAY 4TH FLOORAddressLine1Txt
CityFT LAUDERDALECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33308ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN020607904EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARCHIMEDEAN ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARCHBusinessNameControlTxt
Phone3052796572PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112425 SW 72ND STREETAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33183ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR GEORGE KAFKOULISPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3052796572PhoneNum
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 PersonTYLER JOHNSONPreparerPersonNm
PTINP01959117PTIN
Phone9547710896PhoneNum
Preparation2025-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR GEORGE KAFKOULISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line112425 SW 72ND STREETAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33183ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,144,728GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION IS A CHARTER SCHOOL ORGANIZED UNDER THE FLORIDA STATUTES TO PROVIDE EDUCATIONAL SERVICES TO THE PUBLICActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee170TotalEmployeeCnt
Total Volunteers201TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$80,683PYContributionsGrantsAmt
CY Contributions Grants$573,260CYContributionsGrantsAmt
PY Program Service Revenue$17,490,131PYProgramServiceRevenueAmt
CY Program Service Revenue$16,496,955CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$14,761CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$8,357CYOtherRevenueAmt
PY Total Revenue$17,570,814PYTotalRevenueAmt
CY Total Revenue$17,093,333CYTotalRevenueAmt
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$10,669,012PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,523,409CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,297CYTotalFundraisingExpenseAmt
PY Other Expenses$5,124,341PYOtherExpensesAmt
CY Other Expenses$5,657,615CYOtherExpensesAmt
PY Total Expenses$15,793,353PYTotalExpensesAmt
CY Total Expenses$17,181,024CYTotalExpensesAmt
PY Revenues Less Expenses$1,777,461PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$87,691CYRevenuesLessExpensesAmt
Total Assets BOY$23,576,114TotalAssetsBOYAmt
Total Assets EOY$22,138,567TotalAssetsEOYAmt
Total Liabilities BOY$18,154,989TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,706,622TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,421,125NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,431,945NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE ARCHIMEDEAN SCHOOLS IS TO INITIATE THE YOUNG MIND INTO THE ART OF THINKING THROUGH THE TEACHING OF MATHEMATICS AND THE GREEK LANGUAGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$15,633,269ExpenseAmt
Revenue$16,496,955RevenueAmt
DescTHE INSTITUTION PROVIDES THROUGH ARCHIMEDEAN ACADEMY, ARCHIMEDEAN MIDDLE AND ARCHIMEDEAN UPPER CONSERVATORY EDUCATION FROM KINDERGARDEN TO 12TH GRADE.Desc
Total Program Service Expenses$15,633,269TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
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 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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee170EmployeeCnt
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 Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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 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 Line1DIMITRIOS BARDOUTSOSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3052796572PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112425 SW 72ND STREETAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33183ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DR GEORGE KAFKOULIS
PRESIDENT15.00Yes (X)Yes (X)$0$0$0
ALECO HARALAMBIDES ESQ
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
JEFFREY TARABOULOS
TREASURER10.00Yes (X)Yes (X)$0$0$0
FRANK BERRIZBEITIA
BOARD MEMBER10.00Yes (X)Yes (X)$0$0$0
CHRIS ALEXANDER KORFIATIS
BOARD MEMBER10.00Yes (X)$0$0$0
LAMBROS KATSOUFIS
BOARD MEMBER10.00Yes (X)$0$0$0
ALEXANDROS KATSIKAS
BOARD MEMBER10.00Yes (X)$0$0$0
DIMITRIOS BARDOUTSOS
CHIEF EXECUTIVE BUSINESS O40.00Yes (X)$103,499$0$0
DEMETRIOS DEMOPOULOS
DIRECTOR OF MIDDLE AND HIG40.00$131,066$0$0Yes (X)
JOSE MARTINEZ
DIRECTOR OF ELEMENTARY40.00$130,166$0$0Yes (X)
EFTHYMIOS THEODORAKIDIS
DIRECTOR OF ACC AND ATHLETICS40.00$137,699$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$502,430TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
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
PROFESSIONAL SECURITY SERVICES
12700 SOUTHWEST 131ST TERRACEMIAMIFL33186SECURITY$368,135
FRANCO'S FOOD SERVICE
15120 SW 137 COURTMIAMIFL33177FOOD SERVICE PROVIDER$342,954
GREENBERG TRAURIG PA
333 SE 2ND AVENUE SUITE 4400MIAMIFL33131LAW SERVICES$308,300
KARINAS CLEANING
14985 SW 48TH TERMIAMIFL33185CLEANING SERVICES$298,824
CIVICA ARCHITECTURE
8323 NW 12TH STREET SUITE 106MIAMIFL33126ARCHITECTURE$174,570
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Government Grants$354,047GovernmentGrantsAmt
All Other Contributions$219,213AllOtherContributionsAmt
Total Contributions$573,260TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICESDesc
Business611600BusinessCd
Total Revenue Column$16,496,955TotalRevenueColumnAmt
Related Or Exempt Func Income$16,496,955RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$16,496,955TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,761TotalRevenueColumnAmt
Exclusion$14,761ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$59,752FundraisingGrossIncomeAmt
Fundraising Direct Expenses$51,395FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,357TotalRevenueColumnAmt
Exclusion$8,357ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,093,333TotalRevenueColumnAmt
Related Or Exempt Func Income$16,496,955RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$23,118ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$502,430TotalAmt
Program Services$461,627ProgramServicesAmt
Management And General$40,803ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,874,404TotalAmt
Program Services$9,072,491ProgramServicesAmt
Management And General$801,913ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$367,987TotalAmt
Program Services$338,548ProgramServicesAmt
Management And General$29,439ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$778,588TotalAmt
Program Services$716,301ProgramServicesAmt
Management And General$62,287ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$159,758TotalAmt
Management And General$159,758ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$206,471TotalAmt
Program Services$30,971ProgramServicesAmt
Management And General$175,500ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$113,965TotalAmt
Program Services$96,870ProgramServicesAmt
Management And General$17,095ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,001TotalAmt
Management And General$2,001ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$804,160TotalAmt
Program Services$763,952ProgramServicesAmt
Management And General$40,208ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$748,423TotalAmt
Program Services$711,002ProgramServicesAmt
Management And General$37,421ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$478,390TotalAmt
Program Services$440,119ProgramServicesAmt
Management And General$38,271ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD AND OTHER PURCHASE$695,230$666,469$11,886$16,875
REPAIRS/MAINT$623,860$590,966$32,894
STUDENT ACTIVITIES$527,101$526,679$422
SUPPLIES$420,903$420,903

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$877,353TotalAmt
Program Services$796,371ProgramServicesAmt
Management And General$80,982ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,181,024TotalAmt
Program Services$15,633,269ProgramServicesAmt
Management And General$1,530,458ManagementAndGeneralAmt
Fundraising$17,297FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,933,186BOYAmt
EOY$3,727,976EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,168,031BOYAmt
EOY$362,603EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$56,375BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$21,106BOYAmt
EOY$45,171EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$22,849,581LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,846,764LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$18,365,303BOYAmt
EOY$18,002,817EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$32,113BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,576,114BOYAmt
EOY$22,138,567EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$841,178BOYAmt
EOY$1,042,844EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$17,313,811BOYAmt
EOY$16,663,778EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,154,989BOYAmt
EOY$17,706,622EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,421,125BOYAmt
EOY$4,431,945EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,421,125BOYAmt
EOY$4,431,945EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,576,114BOYAmt
EOY$22,138,567EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$87,691ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$901,489PriorPeriodAdjustmentsAmt
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

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,587,436OtherCostOrOtherBasisAmt
Book Value$3,587,436BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,960,919OtherCostOrOtherBasisAmt
Depreciation$2,690,045DepreciationAmt
Book Value$13,270,874BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,065,009OtherCostOrOtherBasisAmt
Depreciation$2,156,719DepreciationAmt
Book Value$908,290BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$236,217OtherCostOrOtherBasisAmt
Book Value$236,217BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$18,002,817TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$17,301,848TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$157,120DonatedServicesAndUseFcltsAmt
Other Revenue$51,395OtherRevenueAmt
Revenue Not Reported$208,515RevenueNotReportedAmt
Revenue Subtotal$17,093,333RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$17,093,333TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,389,539TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$157,120DonatedServicesUseFcltsAmt
Other Expenses Included$51,395OtherExpensesIncludedAmt
Expenses Not Reported$208,515ExpensesNotReportedAmt
Expenses Subtotal$17,181,024ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,181,024TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL IS A CHARTER SCHOOL ORGAINIZED UNDER THE FLORIDA STATUTES. THE SCHOOL DISTRICT COMPLETES ALL STUDENT REFERALS
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES TUITION, FEDERAL/STATE GRANT MONIES AND OTHER AWARDS FROM THE MIAMI-DADE SCHOOL DISTRICT TO SUPPORT ITS EXEMPT PURPOSE.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GREEK FESTIVALEvent1Nm
Gross Receipts Event1$59,752GrossReceiptsEvent1Amt
Gross Revenue Event1$59,752GrossRevenueEvent1Amt
Other Direct Expenses Event1$51,395OtherDirectExpensesEvent1Amt
Gross Receipts Total$59,752GrossReceiptsTotalAmt
Gross Revenue Total Events$59,752GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$51,395OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$51,395DirectExpenseSummaryEventsAmt
Net Income Summary$8,357NetIncomeSummaryAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
FLORIDA DEVELOPMENT FINANCE CORPORATION
A5932705842020-09-30$22,303,190PURCHASE OF THE SCHOOL'S PRIMARY FACILITY000
FLORIDA DEVELOPMENT FINANCE CORPORATION SERIES 2023
B5932705842023-12-21$6,300,000EXPANSION FUNDING FOR THE SCHOOL'S PRIMARY FACILITY000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndOther Spent ProceedsOtherSpentProceedsAmt
A$21,007,126$850,000$446,063$21,007,126202000Yes (1)Yes (1)
B$483,157$394,336000Yes (1)$88,821

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyYes (1)OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestYes (1)BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueInd
AYes (1)00000
B000000000

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2BALL FEDERAL EMPLOYMENT TAX RETURNS WERE FILED BY COADVANTAGE, 101 RIVERFRONT BLVD, SUITE 300, BRADENTON, FL 34205 SINCE THE ORGANIZATION LEASES ITS EMPLOYEES AND IS PART OF THEIR PROFESSIONAL EMPLOYER ORGANIZATION (PEO).
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY OFFICERS AND BOARD MEMBERS. INFORMATION ON FORM 990 IS AGREED TO THE AUDITED FINANCIAL STATEMENTS.
FORM 990, PART VI, SECTION B, LINE 12CTHIS CHARTER SCHOOL FOLLOWS THE ENFORCMENT POLICIES AS PROVIDED BY MIAMI-DADE PUBLIC SCHOOLS. THE BOARD OF DIRECTORS IS ULTIMATLY RESPONSIBLE FOR CONFLICT OF INTEREST ISSUES.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR ALL OFFICERS AND STAFF IS EVALUATED AND APPROVED UNDER THE POLICIES AND SYSTEMS USED BY MIAMI-DADE COUNTY PUBLIC SCHOOLS.
FORM 990, PART VI, SECTION C, LINE 18FORM 990 IS AVAILABLE FOR VIEWING AT WWW.GUIDESTAR,COM OR UPON REQUEST AT THE MAIN ADMINISTRATION OFFICE
FORM 990, PART VI, SECTION C, LINE 19CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN ADMINISTRATION OFFICE.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE PERFORMANCE OF AN ANNUAL AUDIT AND THIS PROCESS HAS HAD NO CHANGES DURING THE PAST YEAR.

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