OUT-OF-DOOR ACADEMY OF SARASOTA INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- OUT-OF-DOOR ACADEMY OF SARASOTA INC (EIN 59-1731857)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-02-12
- IRS object ID
- 202100439349300420
- Schema version
- 2019v5.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-12T08:02:13-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 592142260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRISTOPHER SMITH LEONARD ET AL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 3RD AVE W SUITE 700 | AddressLine1Txt |
| City | BRADENTON | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591731857 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OUT-OF-DOOR ACADEMY OF SARASOTA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OUT- | BusinessNameControlTxt |
| Phone | 9413493223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 REID ST | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34242 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANGEL R CAPPAR | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9413493223 | PhoneNum |
| Signature | 2021-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RANDY C DILLINGHAM | PreparerPersonNm |
| PTIN | P00280769 | PTIN |
| Phone | 9417481040 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANGEL R CAPPAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 REID ST | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34242 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,774,190 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ODA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | AS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL, OUR MISSION IS TO PROVIDE AN ENVIRONMENT IN WHICH STUDENTS STRIVE TO ACHIEVE THEIR HIGHEST ACADEMIC GOALS AND TO BUILD CHARACTER THROUGH A BALANCED PROGRAM OF ACADEMICS, THE ARTS AND ATHLETICS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 236 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $80,050 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $79,050 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,802,149 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,524,163 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,375,940 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,951,058 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,059,342 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,306,906 | CYInvestmentIncomeAmt |
| PY Other Revenue | $729,849 | PYOtherRevenueAmt |
| CY Other Revenue | $689,126 | CYOtherRevenueAmt |
| PY Total Revenue | $23,967,280 | PYTotalRevenueAmt |
| CY Total Revenue | $24,471,253 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,583,354 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,675,604 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,713,781 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,192,103 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $558,961 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,223,920 | PYOtherExpensesAmt |
| CY Other Expenses | $6,821,567 | CYOtherExpensesAmt |
| PY Total Expenses | $20,521,055 | PYTotalExpensesAmt |
| CY Total Expenses | $20,689,274 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,446,225 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,781,979 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $62,464,815 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,546,900 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $26,313,065 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $31,114,470 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $36,151,750 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $37,432,430 | NetAssetsOrFundBalancesEOYAmt |
| Mission | AS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL, OUR MISSION IS TO PROVIDE AN ENVIRONMENT IN WHICH STUDENTS STRIVE TO ACHIEVE THEIR HIGHEST ACADEMIC GOALS AND TO BUILD CHARACTER THROUGH A BALANCED PROGRAM OF ACADEMICS, THE ARTS AND ATHLETICS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,956,776 | ExpenseAmt |
| Grant | $1,675,604 | GrantAmt |
| Revenue | $18,560,134 | RevenueAmt |
| Desc | LOCATED IN SARASOTA, FLORIDA, THE OUT-OF-DOOR ACADEMY PROVIDES TWO UNIQUE EDUCATIONAL ENVIRONMENTS PROVEN TO PRODUCE EXCEPTIONAL RESULTS: THE HISTORIC SETTING OF ITS LOWER SCHOOL (GRADES PREK-5) ON SIESTA KEY, AND THE COLLEGIATE-STYLE UIHLEIN CAMPUS AT LAKEWOOD RANCH (GRADES 6-12). THE OUT-OF-DOOR ACADEMY HAS BEEN THE EDUCATIONAL LEADER IN THE GREATER SARASOTA COMMUNITY FOR OVER 95 YEARS. WE CONTINUE TO SET A STANDARD OF EXCELLENCE RECOGNIZED BY THE BEST COLLEGES AND UNIVERSITIES ACROSS THE NATION. RANKED BY THE CUM LAUDE SOCIETY IN THE TOP 1% OF ALL SECONDARY SCHOOLS IN THE NATION, WE ARE PROUD TO BE KNOWN FOR PROVIDING AN OUTSTANDING EDUCATION THAT INSPIRES STUDENTS TO REACH THEIR TRUE POTENTIAL AND PURSUE THEIR DREAMS. | Desc |
| Total Program Service Expenses | $18,956,776 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 236 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANGEL R CAPPAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9413493223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 REID STREET | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34242 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ANN KITTLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ARIANE DART | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ASHLEY KOZEL | |||||||
| BOARD CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| BRENDRA UIHLEIN | |||||||
| EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID WHITE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DONNA KOFFMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS BRADBURY | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| FRED COCHRAN | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GERD PETRIK | |||||||
| EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMIE BECKER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN PENDERY | |||||||
| EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY FOX | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY THOMPSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEIGH DALTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MITZIE HENSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REED SAVIDGE | |||||||
| EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROB CRISCI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RON GELBMAN | |||||||
| EMERITUS | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TAMMY KARP | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TEENA HUMPHREY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRI VITALE | |||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| TOM MURPHY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TONY BONACUSE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGEL R CAPPAR | |||||||
| CFO | 40.00 | $154,962 | $0 | $41,184 | Yes (X) | ||
| DAVID V MAHLER | |||||||
| HEAD OF SCHOOL | 40.00 | $412,844 | $0 | $88,220 | Yes (X) | ||
| CHRISTOPHER CHESLEY | |||||||
| HEAD OF UPPER SCHOOL | 40.00 | $117,462 | $0 | $39,750 | Yes (X) | ||
| DARRYL CALKINS | |||||||
| CO-DIR COLL COUNS | 40.00 | $120,564 | $0 | $11,440 | Yes (X) | ||
| JOHN CARR | |||||||
| ASSOC. HEAD OF SCHOOL FOR DEV. | 40.00 | $117,871 | $0 | $7,347 | Yes (X) | ||
| JULIE BIANCHI | |||||||
| HEAD OF MIDDLE SCHOOL | 40.00 | $126,837 | $0 | $10,951 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,050,540 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $198,892 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WILLIS A SMITH | |||||
| 5001 LAKEWOOD RANCH BLVD N | SARASOTA | FL | 34240 | CONSTRUCTION | $553,537 |
| HELLAS CONSTRUCTION | |||||
| 12710 RESEARCH BLVD STE 240 | AUSTIN | TX | 78759 | TRACK INSTALLATION | $155,853 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,524,163 | AllOtherContributionsAmt |
| Noncash Contributions | $1,554,257 | NoncashContributionsAmt |
| Total Contributions | $4,524,163 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $17,514,255 | $17,514,255 |
| AUXILIARY PROGRAMS | 611600 | $436,803 | $436,803 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,951,058 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,722,538 | TotalRevenueColumnAmt |
| Exclusion | $1,722,538 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $80,050 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $80,050 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,050 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $80,050 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,887,305 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,175,176 | SecuritiesAmt |
| Other | $127,761 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$287,871 | SecuritiesAmt |
| Other | -$127,761 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$415,632 | TotalRevenueColumnAmt |
| Exclusion | -$415,632 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER | 611600 | $574,876 | $574,876 |
| FEES | 611600 | $34,200 | $34,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $609,076 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,471,253 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,560,134 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $80,050 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,306,906 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,675,604 | TotalAmt |
| Program Services | $1,675,604 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,917,801 | TotalAmt |
| Program Services | $1,056,013 | ProgramServicesAmt |
| Management And General | $766,538 | ManagementAndGeneralAmt |
| Fundraising | $95,250 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,489,187 | TotalAmt |
| Program Services | $7,358,923 | ProgramServicesAmt |
| Fundraising | $130,264 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $553,370 | TotalAmt |
| Program Services | $460,680 | ProgramServicesAmt |
| Management And General | $79,714 | ManagementAndGeneralAmt |
| Fundraising | $12,976 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,513,535 | TotalAmt |
| Program Services | $1,419,400 | ProgramServicesAmt |
| Management And General | $68,493 | ManagementAndGeneralAmt |
| Fundraising | $25,642 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $718,210 | TotalAmt |
| Program Services | $642,468 | ProgramServicesAmt |
| Management And General | $58,524 | ManagementAndGeneralAmt |
| Fundraising | $17,218 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,250 | TotalAmt |
| Program Services | $3,250 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,170 | TotalAmt |
| Program Services | $38,170 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,370 | TotalAmt |
| Program Services | $119,370 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,494,919 | TotalAmt |
| Program Services | $1,456,247 | ProgramServicesAmt |
| Management And General | $33,397 | ManagementAndGeneralAmt |
| Fundraising | $5,275 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633,596 | TotalAmt |
| Program Services | $633,596 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,285,115 | TotalAmt |
| Program Services | $2,222,804 | ProgramServicesAmt |
| Management And General | $62,311 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,060 | TotalAmt |
| Program Services | $59,153 | ProgramServicesAmt |
| Management And General | $14,907 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| UNRELATED BUSINESS INCO | $18,009 | $18,009 | ||
| INSTRUCTION/SCHOOL ACTI | $778,297 | $778,297 | ||
| GENERAL INSTITUTIONAL | $664,769 | $71,644 | $569,429 | $23,696 |
| BANK CHARGES AND FEES | $249,027 | $234,848 | $14,179 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,985 | TotalAmt |
| Program Services | $228,524 | ProgramServicesAmt |
| Fundraising | $234,461 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,689,274 | TotalAmt |
| Program Services | $18,956,776 | ProgramServicesAmt |
| Management And General | $1,173,537 | ManagementAndGeneralAmt |
| Fundraising | $558,961 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,715,305 | BOYAmt |
| EOY | $6,685,809 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,865 | BOYAmt |
| EOY | $10,866 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,226,097 | BOYAmt |
| EOY | $2,525,386 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,024 | BOYAmt |
| EOY | $20,284 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,651 | BOYAmt |
| EOY | $5,311 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $306,804 | BOYAmt |
| EOY | $214,953 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $49,496,377 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,578,182 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,267,093 | BOYAmt |
| EOY | $29,918,195 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,341,351 | BOYAmt |
| EOY | $24,386,020 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,612 | BOYAmt |
| EOY | $30,588 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,013 | BOYAmt |
| EOY | $4,749,488 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,464,815 | BOYAmt |
| EOY | $68,546,900 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,010,697 | BOYAmt |
| EOY | $2,331,963 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,663,682 | BOYAmt |
| EOY | $2,355,979 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,976,879 | BOYAmt |
| EOY | $22,815,728 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,661,807 | BOYAmt |
| EOY | $3,610,800 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,313,065 | BOYAmt |
| EOY | $31,114,470 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,775,416 | BOYAmt |
| EOY | $35,632,611 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,376,334 | BOYAmt |
| EOY | $1,799,819 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,151,750 | BOYAmt |
| EOY | $37,432,430 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,464,815 | BOYAmt |
| EOY | $68,546,900 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,781,979 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$552,305 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,948,994 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $115,999 | BeginningYearBalanceAmt |
| End Year Balance | $115,999 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $115,999 | BeginningYearBalanceAmt |
| End Year Balance | $115,999 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $115,999 | BeginningYearBalanceAmt |
| End Year Balance | $115,999 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $115,999 | BeginningYearBalanceAmt |
| End Year Balance | $115,999 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $115,999 | BeginningYearBalanceAmt |
| End Year Balance | $115,999 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,923,810 | OtherCostOrOtherBasisAmt |
| Book Value | $8,923,810 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,937,427 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,714,534 | DepreciationAmt |
| Book Value | $19,222,893 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,493,649 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,966,039 | DepreciationAmt |
| Book Value | $527,610 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,141,491 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,897,609 | DepreciationAmt |
| Book Value | $1,243,882 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,918,195 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEPOSITS | $745 |
| CONSTRUCTION IN PROGRESS | $4,748,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,749,488 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RATE SWAP | Desc |
| Amt | $3,610,800 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,610,800 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,046,709 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$552,305 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$552,305 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,599,014 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$127,761 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$127,761 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,471,253 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,817,035 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $127,761 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $127,761 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,689,274 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $20,689,274 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | TO PROVIDE FUTURE FINANCIAL STABILITY FOR THE SCHOOL. |
| PART X, LINE 2: | OUT-OF-DOOR ACADEMY OF SARASOTA, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX UNDER CHAPTER 220.13 OF THE FLORIDA STATUTES. THE SCHOOL CONSIDERS ITEMS THAT MAY BE SUBJECT TO TAX AS UNRELATED TRADE OR BUSINESS INCOME EACH YEAR AND FILES THE APPROPRIATE EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN. THE ITEM PRIMARILY SUBJECT TO SUCH CONSIDERATION WAS THE CELL TOWER LEASE AGREEMENT. THE AMOUNT OF TAX RELATED TO UNRELATED TRADE OR BUSINESS INCOME WAS $18,099 IN 2020. THE SCHOOL HAS ADOPTED GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ON ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS. MANAGEMENT BELIEVES THE SCHOOL HAS NO MATERIAL UNRECOGNIZED INCOME TAX LIABILITIES, INCLUDING ANY POTENTIAL LOSS OF ITS TAX EXEMPT STATUS. THE SCHOOL HAS NO ONGOING FEDERAL, STATE OR LOCAL TAX AUDITS; HOWEVER, THE SCHOOL'S TAX RETURNS FOR THE THREE PREVIOUS FISCAL YEARS REMAIN OPEN TO EXAMINATION. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON FA DISPOSALS -127,761. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON FA DISPOSALS 127,761. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | NON-DISCRIMINATION POLICY IS INCLUDED IN THE ORGANIZATIONS ADMISSION MATERIALS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL ASSISTANCE | GrantTypeTxt |
| Recipient | 137 | RecipientCnt |
| Cash Grant | $1,675,604 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FINANCIAL ASSISTANCE IS AWARDED BASED ON NEED. FAMILIES ARE REQUIRED TO COMPLETE THE FOLLOWING APPLICATION COMPONENTS: 1) INCOME TAX RETURN WITH W-2 FORMS 2) SSS PARENT FINANCIAL STATEMENT (PFS) 3) OUT-OF-DOOR SUPPLEMENTARY FINANCIAL ASSISTANCE FORM (SFAF) THE PFS IS A THIRD PARTY FORM WHICH COLLECTS FINANCIAL DATA, USED IN PART, TO DETERMINE FINANCIAL ASSISTANCE ELIGIBILITY. THE PFS USES A MULTITUDE OF FINANCIAL FACTORS THAT INCLUDE FAMILY INCOME, ASSETS, LIABILITIES, AGE OF PARENTS AND EXTRAORDINARY EXPENSES. THE COMBINATION OF RESULTS FROM THE PFS AND SFAF ARE USED TO DETERMINE NEED. A FINAL AWARD IS DETERMINED BY THE OUT-OF-DOOR FINANCIAL ASSISTANCE COMMITTEE. ADDITIONALLY, FULL-TIME FACULTY AND STAFF EMPLOYED PRIOR TO JANUARY 14, 2016 ARE ELIGIBLE FOR TUITION REMISSION, AN EMPLOYEE BENEFIT. THIS DISCOUNT IS PROVIDED AT A LEVEL OF 50% TO 75% DEPENDING UPON HIRE DATE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANGEL R CAPPAR | ||||||||||||||
| CFO | $154,962 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41,184 | $0 | $196,146 | $0 | $0 | $0 |
| DAVID V MAHLER | ||||||||||||||
| HEAD OF SCHOOL | $412,844 | $0 | $0 | $0 | $0 | $0 | $25,000 | $0 | $63,220 | $0 | $501,064 | $0 | $0 | $0 |
| CHRISTOPHER CHESLEY | ||||||||||||||
| HEAD OF UPPER SCHOOL | $117,462 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39,750 | $0 | $157,212 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATIONS WRITTEN EMPLOYMENT CONTRACT INCLUDES AN ANNUAL TRAVEL ALLOWANCE AND AN ANNUAL VEHICLE EXPENSE FOR THE HEAD OF THE SCHOOL AND HIS FAMILY. DURING THE 2019/20 FISCAL YEAR, THE AMOUNTS EXPENSED TOTALED $8,500. THE HEAD OF THE SCHOOL'S WIFE IS ALSO EXPECTED TO PARTICIPATE IN CERTAIN PROFESSIONAL GROWTH OPPORTUNITIES THAT MAY INVOLVE TRAVEL EXPENSE. NONE OF THESE BENEFITS ARE TAXABLE COMPENSATION TO THE EMPLOYEE. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| SARASOTA COUNTY FL INDUSTRIAL DEVELOPMENT REVENUE NOTE 2018A | |||||||
| A | 593270584 | 2018-07-19 | $17,250,000 | REFIN. 2013 BONDS | 0 | 0 | 0 |
| SARASOTA COUNTY FL INDUSTRIAL DEVELOPMENT REVENUE NOTE 2018B | |||||||
| B | 593270584 | 2018-07-19 | $6,500,000 | RENOV. & CONSTR. | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $17,250,000 | $185,685 | $17,064,315 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| B | $6,500,000 | 0 | 0 | 0 | Yes (1) | $6,400,831 | $99,169 | 2020 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUNTRUST | ||||||||||||
| A | 0 | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | 3.220000000000 | 0 | 0 | 0 | 0 | 0 |
| (no name) | ||||||||||||
| B | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | ISSUER NAME: SARASOTA COUNTY, FL INDUSTRIAL DEVELOPMENT REVENUE NOTE 2018A DATE THE REBATE COMPUTATION WAS PERFORMED: 10/06/2020 ISSUER NAME: SARASOTA COUNTY, FL INDUSTRIAL DEVELOPMENT REVENUE NOTE 2018B DATE THE REBATE COMPUTATION WAS PERFORMED: 10/06/2020 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH MAHLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER | RelationshipDescriptionTxt |
| Transaction | $21,000 | TransactionAmt |
| Transaction | IND. CONTR. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,431,176 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | AUCTION ITEMS | 97 | $75,650 | FMV |
| Yes (X) | MISC. | 42 | $47,252 | FMV |
| Yes (X) | GIFT CARD | 2 | $180 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TRUSTEES LARRY FOX AND FRED COCHRAN HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE CFO AND DISCUSSED WITH THE FINANCE COMMITTEE. THE 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR DISCUSSION PRIOR TO FINALIZATION AND SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CURRENT POLICY COVERS ALL TRUSTEES. THE EXECUTIVE COMMITTEE MAKES THE DETERMINATION OF WHETHER A REPORTED TRUSTEE CONFLICT WOULD BE DETRIMENTAL TO A PERSON'S CONTINUED SERVICE ON THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | BENCHMARKING DATA FROM INDEX, NAIS AND FCIS ARE USED TO DETERMINE APPROPRIATE COMPENSATION FOR ALL EMPLOYEES. IN ADDITION TO THIS BENCHMARKING DATA, THE BOARD CHAIR AND EXECUTIVE COMMITTEE ARE INVOLVED IN DETERMINING THE COMPENSATION PLAN FOR THE HEAD OF THE SCHOOL. TOP MANAGEMENT COMPENSATION PLANS ARE DETERMINED BY THE HEAD OF THE SCHOOL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS ORIGINAL ARTICLES OF INCORPORATION AND BYLAWS AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES OF THE ORGANIZATION'S TAX RETURNS, WHICH INCLUDES ITS FINANCIAL STATEMENTS, CAN BE FOUND AT WWW.GUIDESTAR.ORG. |
| FORM 990, PART IX, LINE 24E | BAD DEBT: PROGRAM SERVICE EXPENSES 102,986. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 115,023. TOTAL EXPENSES 218,009. AUXILIARY SERVICES: PROGRAM SERVICE EXPENSES 125,538. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,538. DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 119,438. TOTAL EXPENSES 119,438. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -1,948,994. |
| FORM 990, PART XII, LINE 2C | NO CHANGES TO THE PROCESS. |
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