SEASIDE SCHOOL CONSORTIUM INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
SEASIDE SCHOOL CONSORTIUM INC (EIN 65-0653943)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-04-08
IRS object ID
202000999349300900
Schema version
2018v3.1
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)
Return2020-04-08T07:48:43-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN591363792PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KEEFE MCCULLOUGH & CO LLP CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16550 N FEDERAL HIGHWAY SUITE 410AddressLine1Txt
CityFT LAUDERDALECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33308ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN650653943EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SEASIDE SCHOOL CONSORTIUM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSEASBusinessNameControlTxt
Phone9043723807PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12865 MAYPORT ROADAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM SORENSON TREASURERPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9043723807PhoneNum
Signature2020-04-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC A GRACEPreparerPersonNm
PTINP01786649PTIN
Phone9547710896PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.80.67.1IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-04-01IPDt
IP Tm11:23:38IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD51D86490A3CCC334D3700EA5BB958A43ECC92A1AtSubmissionCreationDeviceId
At Submission Filing Device IdD51D86490A3CCC334D3700EA5BB958A43ECC92A1AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIAM SORENSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12865 MAYPORT ROADAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,386,766GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SEASIDECHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionSEASIDE COMMUNITY CHARTER SCHOOL OFFERS A WHOLLY NURTURING ENVIRONMENT THAT POSTERS EACH STUDENT'S INTELLECTUAL, SOCIAL, EMOTIONAL AND PHYSICAL WELL-BEING.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee96TotalEmployeeCnt
Total Volunteers320TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$474,726PYContributionsGrantsAmt
CY Contributions Grants$636,378CYContributionsGrantsAmt
PY Program Service Revenue$3,537,427PYProgramServiceRevenueAmt
CY Program Service Revenue$5,718,146CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$32,242CYInvestmentIncomeAmt
PY Other Revenue$5,090PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,017,243PYTotalRevenueAmt
CY Total Revenue$6,386,766CYTotalRevenueAmt
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$2,307,814PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,388,027CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,489,551PYOtherExpensesAmt
CY Other Expenses$3,488,510CYOtherExpensesAmt
PY Total Expenses$4,797,365PYTotalExpensesAmt
CY Total Expenses$6,876,537CYTotalExpensesAmt
PY Revenues Less Expenses-$780,122PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$489,771CYRevenuesLessExpensesAmt
Total Assets BOY$9,274,595TotalAssetsBOYAmt
Total Assets EOY$8,972,978TotalAssetsEOYAmt
Total Liabilities BOY$9,793,539TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,842,429TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$518,944NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$869,451NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRECOGNIZING THAT EVERY CHILD IS A UNIQUE INDIVIDUAL, SEASIDE COMMUNITY CHARTER SCHOOL OFFERS A BALANCED, K-5 CURRICULUM AND A WHOLLY NURTURING ENVIRONMENT THAT POSTERS EACH STUDENT'S INTELLECTUAL, SOCIAL, EMOTIONAL AND PHSICAL WELL-BEING. THE ORGANIZATION'S STAFF OF HIGHLY TRAINED PROFESSIONALS IS COMMITTED TO HONORING THE STAGES OF LIFE AND LEARING CONNECTED WITH EACH CHILD'S NATURAL DEVELOPMENT. SEASIDE COMMUNITY CHARTER SCHOOL PROVIDES A RELAXED, WARM AND WELCOMING ENVIRONMENT THAT IMPARTS AND INSPIRES A DEEP APPRECIATION FOR ALL CULTURES, THE CREATIVE ARTS, ENVIRONMETAL STEWADRSHIP, SOCIAL COGNITION AND THE REVER-CHANGING WORLD IN WHICH WE LIVE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,845,541ExpenseAmt
Revenue$1,578,327RevenueAmt
DescSEASIDE COMMUNITY CHARTER SCHOOL (K-8): THE CHARTER SCHOOL PROVIDES A RIGOROUS ARTS AND SCIENCE INFUSED, STANDARD-BASED CURRICULUM THAT IS INSPIRED BY THE WALDORF EDUCATIONAL APPROACH. APPROXIMATERLY 237 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDED JUNE 30, 2019.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,526,006ExpenseAmt
Revenue$3,507,429RevenueAmt
DescSEASIDE CHARTER K-8 SCHOOL (K-4): SEASIDE CHARTER K-8 WAS ESTABLISHED IN JULY 2017 AS A PUBLIC CHARTER SCHOOL TO SERVE STUDENTS FROM KINDERGARTEN TO EIGHTH GRADE IN DUVAL COUNTY. THE CHARTER SCHOOL PROVIDES A RIGOROUS ARTS AND MUSIC, STANDARD-BASED CURRICULUM THAT IS INSPIRED BY THE WALDORF EDUCATIONAL APPROACH. IN ITS FIRST YEAR OF OPERATIONS, THE SCHOOL SERVED STUDENTS IN KINDERGARTEN THROUGH SIXTH GRADE. THERE WERE 465 STUDENTS ENROLLED FOR THE FISCAL YEAR ENDED JUNE 30, 2019.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$460,066ExpenseAmt
Revenue$632,390RevenueAmt
DescPRESCHOOL: SEA TURTLE EARLY LEARNING CENTER (ELC)IS BUILT AROUND A COMFORTING DAILLY, WEEKLY, AND YEARLY RHYTHM THAT NOURISHES THE WHOLE CHILD. THE PROGRAMS ARE CHILD-CENTERED AND INSPIRED BY PUBLIC WALDORF PRINCIPLES. THE FULL DAY PRESCHOOL OFFERS CLASSES FOR PRESCHOOL AGE CHILDREN UP TO 6 YEAR OLDS. A VOLUNTARY PREKINDERGARTEN (VPK) FOR 4 YEAR OLDS IS ALSO OFFERED. THE STATE FUNDED VPK PROGRAM PROVIDES 3 HOURS PER DAY OF INSTRUCTION. FOR FAMILIES OF 4 YEAR OLDS, A FULL DAY WALDORF WRAP AROUND PROGRAM IS OFFERED FOR VPK STUDENTS. THE CREDENTIALED TEACHERS RECEIVED TRAINING IN DEVELOPMENTALLY AND CULTRALLY APPROPRIATE PRACTICES, INCLUDING EARLY CHILDROOD TRAINING. ADMISSIONS AND CONTINUOUS ENROLLMENT IN SEA TURTLE PRESCHOOL ENSURES A SIBLING PREFERENCE SPOT FOR SEASIDE COMMUNITY CHARTER SCHOOL.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,831,613TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt 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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document81IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee96EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 Committees0MinutesOfCommitteesInd
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 Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TOMMYE SOLEMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9048536287PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12865 MAYPORT ROADAddressLine1Txt
CityJACKSONVILLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32233ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RONALD HARNEK
PRESIDENT10.00Yes (X)Yes (X)$0$0$0
CHRISTOPHER REIBLING
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
WILLIAM SORENSON
TREASURER10.00Yes (X)Yes (X)$0$0$0
KARA MEINTASSIS
SECRETARY10.00Yes (X)Yes (X)$0$0$0
KEONNIA ADAIR-SUMMERS
DIRECTOR10.00Yes (X)$0$0$0
KEVIN STONE
DIRECTOR10.00Yes (X)$0$0$0
SHARON SANDERS
EXECUTIVE DIRECTOR40.00Yes (X)$129,615$0$4,173
RICHARD PINCHOT
PRINCIPAL (K-8)40.00Yes (X)$75,577$0$1,801
BARBARA GERDES
PRINCIPAL (SSC)40.00Yes (X)$32,308$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$237,500TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,974TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$636,378GovernmentGrantsAmt
Total Contributions$636,378TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSTRUCTIONAL900099$4,938,837$4,938,837
EARLY LEARNING COALITI900099$632,360$632,360
EXTENDED DAY CARE900099$146,949$146,949
FieldValueIRS element (for citing)
Total Program Service Revenue$5,718,146TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,242TotalRevenueColumnAmt
Exclusion$32,242ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,386,766TotalRevenueColumnAmt
Related Or Exempt Func Income$5,718,146RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$32,242ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$332,321TotalAmt
Program Services$288,466ProgramServicesAmt
Management And General$43,855ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,486,537TotalAmt
Program Services$2,158,393ProgramServicesAmt
Management And General$328,144ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$410,748TotalAmt
Program Services$359,221ProgramServicesAmt
Management And General$51,527ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$158,421TotalAmt
Program Services$134,943ProgramServicesAmt
Management And General$23,478ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$83,383TotalAmt
Management And General$83,383ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$478,826TotalAmt
Program Services$7,640ProgramServicesAmt
Management And General$471,186ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$137,036TotalAmt
Program Services$136,715ProgramServicesAmt
Management And General$321ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,758TotalAmt
Program Services$17,723ProgramServicesAmt
Management And General$35ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$662,250TotalAmt
Management And General$662,250ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$202,860TotalAmt
Program Services$202,860ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$67,086TotalAmt
Program Services$66,437ProgramServicesAmt
Management And General$649ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PRESCHOOL (ELC) EXPENSE$771,624$460,066$311,558
PROGRAM SUPPLIES AND MA$429,652$390,005$39,647
COMMUNICATIONS$239,330$232,632$6,698
DUES AND SUBSCRIPTIONS$195,379$183,718$11,661

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$203,326TotalAmt
Program Services$192,794ProgramServicesAmt
Management And General$10,532ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,876,537TotalAmt
Program Services$4,831,613ProgramServicesAmt
Management And General$2,044,924ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$417,239BOYAmt
EOY$319,762EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,915BOYAmt
EOY$4,873EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$25,923BOYAmt
EOY$24,883EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,349,025LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$558,480LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,611,161BOYAmt
EOY$7,790,545EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,210,357BOYAmt
EOY$832,915EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,274,595BOYAmt
EOY$8,972,978EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$89,850BOYAmt
EOY$83,407EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$13,367EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,075,000BOYAmt
EOY$9,075,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$360,000BOYAmt
EOY$360,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$268,689BOYAmt
EOY$310,655EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$9,793,539BOYAmt
EOY$9,842,429EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$518,944BOYAmt
EOY-$869,451EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$518,944BOYAmt
EOY-$869,451EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,274,595BOYAmt
EOY$8,972,978EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$489,771ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$139,264OtherChangesInNetAssetsAmt
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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,040,000OtherCostOrOtherBasisAmt
Book Value$1,040,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,793,407OtherCostOrOtherBasisAmt
Depreciation$174,190DepreciationAmt
Book Value$6,619,217BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$355,602OtherCostOrOtherBasisAmt
Depreciation$338,515DepreciationAmt
Book Value$17,087BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$150,766OtherCostOrOtherBasisAmt
Depreciation$41,051DepreciationAmt
Book Value$109,715BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,250OtherCostOrOtherBasisAmt
Depreciation$4,724DepreciationAmt
Book Value$4,526BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,790,545TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$10,500
RESTRICTED CASH AND CASH EQUIVALENTS$581,791
DUE FROM OTHER GOVERNMENTS$178,107
DUE FROM RELATED ENTITIES$62,517
FieldValueIRS element (for citing)
Total Book Value Other Assets$832,915TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
PAYROLL LIABILITY$279,881
DUE TO OTHER GOVERNMENTS$3,180
ACCRUED INTEREST PAYABLE$27,594
FieldValueIRS element (for citing)
Total Liability$310,655TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$6,045,521TotalRevEtcAuditedFinclStmtAmt
Other Revenue$291,115OtherRevenueAmt
Revenue Not Reported$291,115RevenueNotReportedAmt
Revenue Subtotal$5,754,406RevenueSubtotalAmt
Other Revenues Not Included$632,360OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$632,360RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,386,766TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,376,028TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$291,115OtherExpensesIncludedAmt
Expenses Not Reported$291,115ExpensesNotReportedAmt
Expenses Subtotal$6,084,913ExpensesSubtotalAmt
Other Expenses Not Included$791,624OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$791,624ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,876,537TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:PASSTHROUGH ADMIN FEE 140,205. SUPPLIES EXPENSE 150,910.
PART XI, LINE 4B - OTHER ADJUSTMENTS:PRESCHOOL - SEA TURTLE EARLY LEARNING COALITION REVENUE 632,360.
PART XII, LINE 2D - OTHER ADJUSTMENTS:PASSTHROUGH ADMIN FEE 140,205. SUPPLIES EXPENSE 150,910.
PART XII, LINE 4B - OTHER ADJUSTMENTS:PRESCHOOL - SEA TURTLE ELC EXPENSES 771,624. INTERCOMPANY MANAGEMENT FEE 20,000.

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 3MARKETING FOR THE SCHOOL CONTAINS AN EXPLANATION OF ITS NON-DISCRIMINATORY POLICY IN ITS FLYERS, POSTERS, AND WEBSITE. THE SCHOOL DOES NOT CURRENTLY PUBLICIZE THROUGH BROADCAST MEDIA OR CIRCULATED PRINT.
SCHEDULE E, PART I, LINE 6REVENUE ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCIAL PROGRAM. THE AMOUNT RECEIVED IS BASED ON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1BB&T CAPITAL TRUST AGENCY EDUCATIONAL FACILITIES REVENUE BONDS-SERIES 2018ABusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issued2018-01-31BondIssuedDt
Issue Price$9,075,000IssuePriceAmt
PurposeTO THE SCHOOL TO FINANCE THE ACQUISITION OF THE FACILITIES AND EQUIPMENTPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$9,023,845TotalProceedsAmt
In Reserve Fund$7,117,187InReserveFundAmt
Capitalized Interest$638,751CapitalizedInterestAmt
Issuance Costs From Proceeds$130,343IssuanceCostsFromProceedsAmt
Substantial Completion2048SubstantialCompletionYr
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec Maint0AdequateBooksAndRecMaintInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate DueYes (1)NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGAINZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD TREASURER AND BOOKKEEPER REVIEW FORM 990. THE BOARD TREASURER REVIEWS FORM 990 WITH THE CURRENT AND PAST PRESIDENT AS WELL. THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERD OF THE GOVERNING BODY BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CPOTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED DURING BOARD MEETING AND RESOLVED PER BOARD VOTE
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD REVIEWS AND DISCUSSES BASE COMPENSATION FOR THE PRINCIPAL BASED ON THEIR EVALUATION, SCHOOL PERFORMANCE, AND BUDGETARY ALLOTMENT. THE BOARD VOTES ON ANY COMPENSATION RELATED MATTERS, SUCH AS BASE COMPENSATION AND/OR BONUSES.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION IN THE SCHOOL OFFICE. THR DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:PRESCHOOL - SEA TURTLE ELC NET INCOME 139,264.
FORM 990, PART XII, LINE 2CNO CHANGES FROM THE PRIOR YEAR.

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