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OCEAN STUDIES CHARTER SCHOOL INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
OCEAN STUDIES CHARTER SCHOOL INC (EIN 27-0677326)
Tax period
2021-07-01 to 2022-06-30
Filed
2022-11-14
IRS object ID
202243189349304294
Schema version
2021v4.2
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)
Return2022-11-14T09:56:34-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204989621PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VERDEJA DE ARMAS & TRUJILLO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1255 ALHAMBRA CIR STE 560AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331347417ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN270677326EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OCEAN STUDIES CHARTER SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOCEABusinessNameControlTxt
Phone3058527700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line192295 OLD STATE ROADAddressLine1Txt
CityTAVERNIERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33070ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTRISHA WOODSPersonNm
Person TitlePRINCIPALPersonTitleTxt
Phone3058527700PhoneNum
Signature2022-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTRISHAPersonFirstNm
Person LastWOODSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEJANDRO TRUJILLOPreparerPersonNm
PTINP01064712PTIN
Phone3054463177PhoneNum
Preparation2022-11-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTRISHA WOODSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line192295 OLD STATE ROADAddressLine1Txt
CityTAVERNIERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33070ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,828,601GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.OCEANSTUDIESCHARTERSCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE MISSION OF OCEAN STUDIES CHARTER SCHOOL IS TO OFFER A QUALITY PUBLIC EDUCATION BASED ON THE BEST PRACTICES IN ACCELERATED LEARNING AND REFLECTING THE DIVERSITY OF THE CHILDREN OF MONROE COUNTY. OCEAN STUDIES CHARTER SCHOOL WILL OFFER A RIGOROUS ACADEMIC PROGRAM, PRODUCING STUDENTS WHO MEET OR EXCEED THE SUNSHINE STATE STANDARDS IN ENGLISH LANGUAGE ARTS, MATH, SCIENCE AND SOCIAL STUDIES. WHILE NURTURING CURIOSITY, CREATIVITY AND IMAGINATION, WE WILL ENCOURAGE CHILDREN TO BECOME INDEPENDENT, RESPONSIBLE AND SELF-MOTIVATED LEARNERS. THROUGH A UNIQUELY PREPARED ENVIRONMENT AND THE USE OF SPECIAL DIDACTIC MATERIALS, THE STUDENTS PROGRESS THROUGH INDIVIDUAL EDUCATION PROGRAMS CENTERED ON THE FASCINATING MARINE ENVIRONMENT SURROUNDING THEIR COMMUNITY. IN ADDITION TO ITS STATED MISSION, OCEAN STUDIES CHARTER SCHOOL'S MAIN PRIORITIES ARE: -TO PROVIDE THE FAMILIES OF THE UPPER KEYS WITH A BOARDER ACCELERATED-LEARNING EXPERIENCE THAN THAT AVAILABLE THROUGH THE TRADITIONAL PUBLIC SCHOOL SYSTEMActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee32TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,619,356PYProgramServiceRevenueAmt
CY Program Service Revenue$2,352,800CYProgramServiceRevenueAmt
PY Investment Income-$43,631PYInvestmentIncomeAmt
CY Investment Income$33CYInvestmentIncomeAmt
PY Other Revenue$272,197PYOtherRevenueAmt
CY Other Revenue$456,264CYOtherRevenueAmt
PY Total Revenue$1,847,922PYTotalRevenueAmt
CY Total Revenue$2,809,097CYTotalRevenueAmt
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$975,821PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,265,321CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$523,869PYOtherExpensesAmt
CY Other Expenses$805,942CYOtherExpensesAmt
PY Total Expenses$1,499,690PYTotalExpensesAmt
CY Total Expenses$2,071,263CYTotalExpensesAmt
PY Revenues Less Expenses$348,232PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$737,834CYRevenuesLessExpensesAmt
Total Assets BOY$3,524,869TotalAssetsBOYAmt
Total Assets EOY$4,797,631TotalAssetsEOYAmt
Total Liabilities BOY$2,272,067TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,806,995TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,252,802NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,990,636NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF OCEAN STUDIES CHARTER SCHOOL IS TO OFFER A QUALITY PUBLIC EDUCATION BASED ON THE BEST PRACTICES IN ACCELERATED LEARNING AND REFLECTING THE DIVERSITY OF THE CHILDREN OF MONROE COUNTY. OCEAN STUDIES CHARTER SCHOOL WILL OFFER A RIGOROUS ACADEMIC PROGRAM, PRODUCING STUDENTS WHO MEET OR EXCEED THE SUNSHINE STATE STANDARDS IN ENGLISH LANGUAGE ARTS, MATH, SCIENCE AND SOCIAL STUDIES. WHILE NURTURING CURIOSITY, CREATIVITY AND IMAGINATION, WE WILL ENCOURAGE CHILDREN TO BECOME INDEPENDENT, RESPONSIBLE AND SELF-MOTIVATED LEARNERS. THROUGH A UNIQUELY PREPARED ENVIRONMENT AND THE USE OF SPECIAL DIDACTIC MATERIALS, THE STUDENTS PROGRESS THROUGH INDIVIDUAL EDUCATION PROGRAMS CENTERED ON THE FASCINATING MARINE ENVIRONMENT SURROUNDING THEIR COMMUNITY. IN ADDITION TO ITS STATED MISSION, OCEAN STUDIES CHARTER SCHOOL'S MAIN PRIORITIES ARE: -TO PROVIDE THE FAMILIES OF THE UPPER KEYS WITH A BOARDER ACCELERATED-LEARNING EXPERIENCE THAN THAT AVAILABLE THROUGH THE TRADITIONAL PUBLIC SCHOOL SYSTEMMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,959,165ExpenseAmt
Revenue$2,774,288RevenueAmt
DescOCEAN STUDIES CHARTER SCHOOL COMPLETED ITS FIRST FULL YEAR AT OUR NEW LOCATION WITH AN INCREASE OF STUDENTS FROM 135 - 160. THE FIRST SIXTH GRADE CLASS WAS STARTED AND THEY MOVED UPSTAIRS TO THEIR BRAND NEW SECOND STORY MIDDLE SCHOOL IN JANUARY. THE NEW MIDDLE SCHOOL HAS AN OPEN COURT YARD WITH FLEXIBLE SEATING MADE FROM RECYCLED PLASTIC, FOUR NEW CLASSROOMS, AND A FACULTY LOUNGE. OUR SCHOOL EARNED AN A RATING FROM THE STATE OF FLORIDA. WE WERE ONE OF ONLY FIVE SCHOOLS IN MONROE COUNTY TO EARN AN A. THREE OF THE SCHOOLS EARNING AN A WERE CHARTER SCHOOLS AND TWO WERE TRADITIONAL PUBLIC SCHOOLS. THANKS TO THE EFFORTS OF OUR FUNDRAISING COMMITTEE, WE WERE ABLE TO PAY DOWN THE PRINCIPAL OF OUR MORTGAGE IN THE AMOUNT OF $150,000. OUR FUNDRAISING EFFORTS INCLUDED SEA OF THANKS, LA CHISPA MUSIC EVENT, MARINE DEBRIS DERBY, GIVING TUESDAY, PTO FUNDRAISING EFFORTS, AND COMMUNITY DONATIONS.OUR PROGRAMS COORDINATOR, JESSICA MARTINEZ, SECURED THREE GRANTS THIS YEAR. THE GRANTS INCLUDED $3,066 TO PURCHASE MANGROVE TANKS FOR RESEARCH IN OUR MARINE SCIENCE PROGRAM, $4,000 FROM THE KEY LARGO ROTARY TO PURCHASE NEW CAMERAS FOR OUR PHOTOGRAPHY PROGRAM, AND $6,000 TO ENHANCE OUR ART PROGRAM INCLUDING MATERIALS AND TRAINING FOR ALL TEACHERS.Desc
Total Program Service Expenses$1,959,165TotalProgramServiceExpensesAmt
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
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 ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee32EmployeeCnt
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANNA BURREBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3058527700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line192295 OLD STATE ROADAddressLine1Txt
CityTAVERNIERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33070ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
NICOLA RUDOLPH
PRESIDENT20.00Yes (X)$0$0$0
CHARLIE RODGERS
VICE PRESIDENT5.00Yes (X)$0$0$0
ARIEL POHOLEK
TREASURER10.00Yes (X)$0$0$0
LAURIE BROOKS
SECRETARY8.00Yes (X)$0$0$0
BETH KAMINSTEIN
DIRECTOR2.00Yes (X)$0$0$0
ASHLEY MCELHENY
DIRECTOR2.00Yes (X)$0$0$0
LIZ TRUEBLOOD
DIRECTOR2.00Yes (X)$0$0$0
TRISHA WOODS
PRINCIPAL40.00$93,803$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$93,803TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CBT CONSTRUCTION DEVELOPMENTBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1057AddressLine1Txt
CityTRAVERNIERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33070ZIPCd
FieldValueIRS element (for citing)
ServicesCONSTRUCTIONServicesDesc
Compensation$378,582CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GOVERNMENT AGENCY900099$2,333,648$2,333,648
STUDENT LUNCHES900099$19,152$19,152
FieldValueIRS element (for citing)
Total Program Service Revenue$2,352,800TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$33TotalRevenueColumnAmt
Exclusion$33ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$54,280FundraisingGrossIncomeAmt
Fundraising Direct Expenses$19,504FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,776TotalRevenueColumnAmt
Exclusion$34,776ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER REVENUE900099$283,498$283,498
PPP LOAN FORGIVEN900099$137,990$137,990
FieldValueIRS element (for citing)
Other Revenue Total$421,488OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,809,097TotalRevenueColumnAmt
Related Or Exempt Func Income$2,774,288RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$34,809ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$99,962TotalAmt
Program Services$99,962ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$966,391TotalAmt
Program Services$900,384ProgramServicesAmt
Management And General$66,007ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$117,756TotalAmt
Program Services$108,284ProgramServicesAmt
Management And General$9,472ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$81,212TotalAmt
Program Services$76,021ProgramServicesAmt
Management And General$5,191ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$156,582TotalAmt
Program Services$149,989ProgramServicesAmt
Management And General$6,593ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$254,259TotalAmt
Program Services$249,173ProgramServicesAmt
Management And General$5,086ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$110,452TotalAmt
Program Services$104,929ProgramServicesAmt
Management And General$5,523ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$119,784TotalAmt
Program Services$113,795ProgramServicesAmt
Management And General$5,989ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$40,662TotalAmt
Program Services$38,629ProgramServicesAmt
Management And General$2,033ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE$97,226$92,365$4,861
UTILITIES AND OTHER SER$26,855$25,512$1,343
PUPIL TRANSPORTATION$122$122

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,071,263TotalAmt
Program Services$1,959,165ProgramServicesAmt
Management And General$112,098ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$348,799BOYAmt
EOY$384,777EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,601BOYAmt
EOY$20,884EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,397,991LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$210,759LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,157,759BOYAmt
EOY$4,187,232EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$710BOYAmt
EOY$204,738EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,524,869BOYAmt
EOY$4,797,631EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$12,314BOYAmt
EOY$152,791EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,036,296BOYAmt
EOY$2,582,565EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$137,990BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$85,467BOYAmt
EOY$71,639EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,272,067BOYAmt
EOY$2,806,995EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,252,802BOYAmt
EOY$1,990,636EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,252,802BOYAmt
EOY$1,990,636EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,524,869BOYAmt
EOY$4,797,631EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$737,834ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$180,000OtherCostOrOtherBasisAmt
Book Value$180,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,846,946OtherCostOrOtherBasisAmt
Depreciation$136,927DepreciationAmt
Book Value$3,710,019BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,879OtherCostOrOtherBasisAmt
Depreciation$6,897DepreciationAmt
Book Value$34,982BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$200,192OtherCostOrOtherBasisAmt
Depreciation$45,787DepreciationAmt
Book Value$154,405BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$128,974OtherCostOrOtherBasisAmt
Depreciation$21,148DepreciationAmt
Book Value$107,826BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,187,232TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCURED PAYROLLDesc
Amt$71,639Amt
FieldValueIRS element (for citing)
Total Liability$71,639TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,828,601TotalRevEtcAuditedFinclStmtAmt
Other Revenue$19,504OtherRevenueAmt
Revenue Not Reported$19,504RevenueNotReportedAmt
Revenue Subtotal$2,809,097RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,809,097TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,090,767TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$19,504OtherExpensesIncludedAmt
Expenses Not Reported$19,504ExpensesNotReportedAmt
Expenses Subtotal$2,071,263ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,071,263TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/22, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2019.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 19,504.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 19,504.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE NONDISCRIMINATORY POLICY IS MENTIONED DURING THE USE OF BROADCAST MEDIA.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SPARK EVENTEvent1Nm
Gross Receipts Event1$26,197GrossReceiptsEvent1Amt
Gross Revenue Event1$26,197GrossRevenueEvent1Amt
Food And Beverage Event1$5,608FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$2,467OtherDirectExpensesEvent1Amt
Event2MARINE DEBRIS DERBYEvent2Nm
Gross Receipts Event2$10,538GrossReceiptsEvent2Amt
Gross Revenue Event2$10,538GrossRevenueEvent2Amt
Food And Beverage Event2$3,020FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$17,545GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$17,545GrossRevenueOtherEventsAmt
Food And Beverage Other Events$1,935FoodAndBeverageOtherEventsAmt
Entertainment Other Events$1,425EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$5,049OthDirectExpnssOtherEventsAmt
Gross Receipts Total$54,280GrossReceiptsTotalAmt
Gross Revenue Total Events$54,280GrossRevenueTotalEventsAmt
Food And Beverage Total Events$10,563FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,425EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$7,516OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$19,504DirectExpenseSummaryEventsAmt
Net Income Summary$34,776NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE COMPLETED FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AND THE PRINCIPAL AFTER THEY HAVE REVIEWED THE FORM 990, AN OFFICER SIGNS THE RETURN AND IT IS FILED.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1OSCS PROPERTIES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100360 OVERSEAS HIGHWAYAddressLine1Txt
CityKEY LARGOCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33037ZIPCd
FieldValueIRS element (for citing)
EIN844006148EIN
Primary ActivitiesRENTALPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1OCEAN STUDIES CHARTER SCHOOL INCBusinessNameLine1Txt

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