BAY HAVEN CHARTER ACADEMY INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
BAY HAVEN CHARTER ACADEMY INC (EIN 65-1121807)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-07-14
IRS object ID
202001969349301810
Schema version
2018v3.2
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)
Return2020-07-14T09:49:55-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721396621PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CARR RIGGS & INGRAM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line114101 PANAMA CITY BCH PKWY SUITEAddressLine1Txt
Address Line2200AddressLine2Txt
CityPANAMA CITY BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32413ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN651121807EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BAY HAVEN CHARTER ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBAYHBusinessNameControlTxt
Phone8509133463PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12501 HAWKS LANDING BLVDAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJON MCFATTERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8509133463PhoneNum
Signature2020-07-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA R GOOLSBY CPAPreparerPersonNm
PTINP00360749PTIN
Phone8507846733PhoneNum
Preparation2020-07-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address72.206.69.163IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-13IPDt
IP Tm08:28:50IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdDE80D856F0C2EAFDD907411ED22E0D2C547B1370AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJON MCFATTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12501 HAWKS LANDING BLVDAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$27,509,002GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BAYHAVEN.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscORGANIZATION EXEMPT FROM INCOME TAXOtherOrganizationDsc
Formation2001FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE COMPANY OWNS AND OPERATES A PUBLIC SCHOOL IN PANAMA CITY, FL.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee424TotalEmployeeCnt
Total Volunteers2148TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$23,745,175PYContributionsGrantsAmt
CY Contributions Grants$26,053,379CYContributionsGrantsAmt
PY Program Service Revenue$1,590,702PYProgramServiceRevenueAmt
CY Program Service Revenue$1,357,667CYProgramServiceRevenueAmt
PY Investment Income$47,853PYInvestmentIncomeAmt
CY Investment Income$97,956CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$25,383,730PYTotalRevenueAmt
CY Total Revenue$27,509,002CYTotalRevenueAmt
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$16,863,450PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$17,176,041CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,701,040PYOtherExpensesAmt
CY Other Expenses$6,947,563CYOtherExpensesAmt
PY Total Expenses$23,564,490PYTotalExpensesAmt
CY Total Expenses$24,123,604CYTotalExpensesAmt
PY Revenues Less Expenses$1,819,240PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,385,398CYRevenuesLessExpensesAmt
Total Assets BOY$61,870,685TotalAssetsBOYAmt
Total Assets EOY$66,763,277TotalAssetsEOYAmt
Total Liabilities BOY$48,267,180TotalLiabilitiesBOYAmt
Total Liabilities EOY$49,774,374TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,603,505NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$16,988,903NetAssetsOrFundBalancesEOYAmt
MissionAS A COMMUNITY SCHOOL OF "CHOICE" FOR TEACHERS, PARENTS & STUDENTS, BHCA, INC.'S MISSION IS TO STRIVE TOGETHER TO TEACH BEYOND THE STANDARDS IN ORDER TO MEET EACH CHILD'S NEEDS BY MOTIVATING STUDENTS TO REACH THEIR UNIQUE POTENTIAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$15,645,028ExpenseAmt
Revenue$1,357,667RevenueAmt
DescBAY HAVEN CHARTER ACADEMY, INC. ENROLLED CHILDREN IN PRESCHOOL THROUGH TWELFTH GRADE.Desc
Total Program Service Expenses$15,645,028TotalProgramServiceExpensesAmt
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 StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee424EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANDY PORTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8502483500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12501 HAWKS LANDING BLVD PANAMA CITYAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JON MCFATTER
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
SCOTTI HANEY
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
DAVID HAIGHT
DIRECTOR1.00Yes (X)$0$0$0
TIFFANY ENNIS
DIRECTOR1.00Yes (X)$0$0$0
JEREMY HATCHER
DIRECTOR1.00Yes (X)$0$0$0
SANDY PORTER
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
LARRY BOLINGER
CEO40.00Yes (X)Yes (X)$125,367$0$0
LAURA ADAMS
CFO40.00Yes (X)Yes (X)$81,654$0$0
WAYLON THOMPSON
DIRECTOR1.00Yes (X)$0$0$0
JOYCE WILSON
DIRECTOR1.00Yes (X)$0$0$0
ROBERT FLEMING
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$207,021TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GACBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line14116 US-231AddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32404ZIPCd
FieldValueIRS element (for citing)
ServicesCONSTRUCTION COMPANYServicesDesc
Compensation$875,984CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$24,823,723GovernmentGrantsAmt
All Other Contributions$1,229,656AllOtherContributionsAmt
Total Contributions$26,053,379TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PRESCHOOL FEES611110$564,648$564,648
SCHOOL YEAR AFTERCARE FEES611110$338,328$338,328
STUDENT LUNCHES611110$296,444$296,444
SUMMER AFTERCARE FEES611110$158,247$158,247
FieldValueIRS element (for citing)
Total Program Service Revenue$1,357,667TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$97,956TotalRevenueColumnAmt
Exclusion$97,956ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,509,002TotalRevenueColumnAmt
Related Or Exempt Func Income$1,357,667RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$97,956ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$13,465,322TotalAmt
Program Services$10,147,671ProgramServicesAmt
Management And General$3,317,651ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,803,051TotalAmt
Program Services$1,406,028ProgramServicesAmt
Management And General$397,023ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$949,305TotalAmt
Program Services$750,106ProgramServicesAmt
Management And General$199,199ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$958,363TotalAmt
Program Services$738,273ProgramServicesAmt
Management And General$220,090ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$38,345TotalAmt
Management And General$38,345ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$71,528TotalAmt
Management And General$71,528ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$182,641TotalAmt
Program Services$157,708ProgramServicesAmt
Management And General$24,933ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$729TotalAmt
Program Services$729ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$33,593TotalAmt
Program Services$24,700ProgramServicesAmt
Management And General$8,893ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,863,478TotalAmt
Management And General$1,863,478ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,586,659TotalAmt
Program Services$1,586,659ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$244,684TotalAmt
Program Services$23,117ProgramServicesAmt
Management And General$221,567ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$996,726$491,979$504,747
UTILITIES$489,311$489,311
OTHER HEALTH SERVICES$108,555$6,865$101,690
EQUIPMENT MAINT$50,651$50,651

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,280,663TotalAmt
Program Services$260,542ProgramServicesAmt
Management And General$1,020,121ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$24,123,604TotalAmt
Program Services$15,645,028ProgramServicesAmt
Management And General$8,478,576ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$13,660,464BOYAmt
EOY$16,329,375EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,377,200BOYAmt
EOY$5,823,846EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,133BOYAmt
EOY$445,106EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$6,266BOYAmt
EOY$9,061EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$85,214BOYAmt
EOY$79,804EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$49,313,141LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,373,453LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$39,415,511BOYAmt
EOY$38,939,688EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,300,897BOYAmt
EOY$5,136,397EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$61,870,685BOYAmt
EOY$66,763,277EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,123,490BOYAmt
EOY$2,408,749EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$39,573BOYAmt
EOY$43,360EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$35,739,962BOYAmt
EOY$35,312,329EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,364,155BOYAmt
EOY$12,009,936EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$48,267,180BOYAmt
EOY$49,774,374EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,807,147BOYAmt
EOY$7,180,442EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$796,358BOYAmt
EOY$3,667,488EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,603,505BOYAmt
EOY$16,988,903EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$61,870,685BOYAmt
EOY$66,763,277EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,385,398ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,612,870OtherCostOrOtherBasisAmt
Book Value$2,612,870BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$35,607,332OtherCostOrOtherBasisAmt
Depreciation$6,101,495DepreciationAmt
Book Value$29,505,837BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,854,482OtherCostOrOtherBasisAmt
Depreciation$1,039,127DepreciationAmt
Book Value$2,815,355BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,911,960OtherCostOrOtherBasisAmt
Depreciation$3,232,831DepreciationAmt
Book Value$2,679,129BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,326,497OtherCostOrOtherBasisAmt
Book Value$1,326,497BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$38,939,688TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
UTILITY DEPOSITS$11,426
DEFERRED OUTFLOWS$5,124,971
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,136,397TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED INFLOWS$1,200,727
NET PENSION LIABILITY - FRS$6,901,168
NET PENSION LIABILITY - HIS$3,908,041
FieldValueIRS element (for citing)
Total Liability$12,009,936TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$26,621,276TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$26,621,276RevenueSubtotalAmt
Other Revenues Not Included$887,726OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$887,726RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$27,509,002TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$24,123,604TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$24,123,604ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$24,123,604TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:EXTRAORDINARY ITEM
LINE 4BTHE COMPANY WAS IMPACTED BY HURRICANE MICHAEL WITH AN IMPAIRMENT LOSS OF $2,788,636 AS A RESULT OF THE DAMAGE TO ITS CAMPUS AND HAS RECEIVED $3,676,362 FOR INSURANCE RECOVERIES, NET AMOUNT OF $887,726.

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

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
BAY COUNTY FL
A596000512072222AE22010-09-14$11,715,000REFINANCE THE 2004 BOND ISSUE0Yes (1)0
BAY COUNTY FL
B596000512072222AJ12013-04-25$19,800,000CAPITAL EXPENDITURES0Yes (1)0
BAY COUNTY FL
C596000512072222AP72020-10-27$5,000,000CAPITAL EXPENDITURES0Yes (1)0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapital ExpendituresCapitalExpendituresAmtUnspentUnspentAmt
A$1,575,000$11,719,977$819,800$243,4002010Yes (1)0Yes (1)Yes (1)
B$19,550,116$1,194,020$391,000201500Yes (1)Yes (1)$17,078,646$913,848
C$165,000$5,047,084$309,106201600Yes (1)Yes (1)$4,737,927

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line2GICProviderName/BusinessNameLine2TxtTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
NATIXIS FUNDING
A0Yes (1)00Yes (1)0Yes (1)CORP5.000000000000Yes (1)00
NATIXIS FUNDING
B0Yes (1)00Yes (1)0Yes (1)CORP5.000000000000Yes (1)00
NATIXIS FUNDING
C0Yes (1)00Yes (1)0Yes (1)CORP5.000000000000Yes (1)00

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0
C0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS NOT PRESENTED TO THE BOARD PRIOR TO FILING THE RETURN. THE CFO RECONCILES THE 990 INFORMATION TO THE AUDITED FINANCIAL STATEMENTS.
FORM 990, PART VI, SECTION B, LINE 12CBOARD IS MADE AWARE OF POLICY
FORM 990, PART VI, SECTION B, LINE 15BOARD APPROVES THE SALARY POLICY.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST
FORM 990, PART XII, LINE 2C:NO CHANGE IN THE PROCESS FROM PRIOR YEAR.

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