CORNERSTONE CHARTER ACADEMY INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CORNERSTONE CHARTER ACADEMY INC (EIN 27-2154495)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-02-26
IRS object ID
202030579349301028
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)
Return2020-02-26T14:45:00-06:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204946415PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HLB GRAVIER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1396 ALHAMBRA CIRCLE SUITE 900AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331345095ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272154495EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CITY OF BELLE ISLE CHARTER SCHOOLS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCITYBusinessNameControlTxt
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM G BROOKSPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone3056692906PhoneNum
Signature2020-02-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARDO D GRAVIERPreparerPersonNm
PTINP00368983PTIN
Phone3054463022PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.161.32.230IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-02-26IPDt
IP Tm15:44:23IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9EA856093F37FB6122F8C4E8FDCDB130C60C6103AtSubmissionCreationDeviceId
At Submission Filing Device Id1CD21159B8DDD05A06CE6855BEA89051C6F6A976AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIAM G BROOKSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,922,264GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CORNERSTONECHARTER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO PROVIDE A COLLEGE PREPARATORY EDUCATIONAL ENVIRONMENT WITH A CURRICULAR EMPHASIS ON BIOTECHNOLOGY AND LIFE SCIENCES THAT FURTHERS THE PHILOSOPHY OF RESPECT AND HIGH EXPECTATIONS FOR ALL, ENABLING STUDENTS TO BECOME CONFIDENT, SELF-DIRECTED, AND RESPONSIBLE LIFE-LONG LEARNERS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee193TotalEmployeeCnt
Total Volunteers1500TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$11,205,416PYContributionsGrantsAmt
CY Contributions Grants$11,883,490CYContributionsGrantsAmt
PY Program Service Revenue$274,192PYProgramServiceRevenueAmt
CY Program Service Revenue$306,330CYProgramServiceRevenueAmt
PY Investment Income$43,226PYInvestmentIncomeAmt
CY Investment Income$93,366CYInvestmentIncomeAmt
PY Other Revenue$24,119PYOtherRevenueAmt
CY Other Revenue$72,454CYOtherRevenueAmt
PY Total Revenue$11,546,953PYTotalRevenueAmt
CY Total Revenue$12,355,640CYTotalRevenueAmt
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$6,357,241PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,816,258CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,323,257PYOtherExpensesAmt
CY Other Expenses$4,742,076CYOtherExpensesAmt
PY Total Expenses$10,680,498PYTotalExpensesAmt
CY Total Expenses$11,558,334CYTotalExpensesAmt
PY Revenues Less Expenses$866,455PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$797,306CYRevenuesLessExpensesAmt
Total Assets BOY$7,218,757TotalAssetsBOYAmt
Total Assets EOY$8,343,305TotalAssetsEOYAmt
Total Liabilities BOY$438,409TotalLiabilitiesBOYAmt
Total Liabilities EOY$765,651TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,780,348NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,577,654NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE A COLLEGE PREPARATORY EDUCATIONAL ENVIRONMENT WITH A CURRICULAR EMPHASIS ON BIOTECHNOLOGY AND LIFE SCIENCES THAT FURTHERS THE PHILOSOPHY OF RESPECT AND HIGH EXPECTATIONS FOR ALL, ENABLING STUDENTS TO BECOME CONFIDENT, SELF-DIRECTED, AND RESPONSIBLE LIFE-LONG LEARNERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,439,279ExpenseAmt
Revenue$402,164RevenueAmt
DescCITY OF BELLE ISLE CHARTER SCHOOL INC PROVIDES EDUCATION FOR CHILDREN FROM KINDERGARTEN THROUGH TWELFTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2019, 1,460 STUDENTS WERE ENROLLED.Desc
Total Program Service Expenses$10,439,279TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
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 ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln 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 Document79IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee193EmployeeCnt
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 Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANA MARTINEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
WILLIAM G BROOKS
DIRECTOR, BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
LARRY I ADY
DIRECTOR2.00Yes (X)$0$0$0
LYDIA PISANO
DIRECTOR2.00Yes (X)$0$0$0
DR KEITH VAN DYKE
SECRETARY, DIRECTOR2.00Yes (X)Yes (X)$0$0$0
KARL SHUCK
DIRECTOR2.00Yes (X)$0$0$0
CHERYL COLPITTS
DIRECTOR, TREASURER2.00Yes (X)Yes (X)$0$0$0
CAROLINE LANDT
DIRECTOR, VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
DR SHARON VYAS
DIRECTOR2.00Yes (X)$0$0$0
RENEE PANCOAST
PRINCIPAL40.00$131,680$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$131,680TotalReportableCompFromOrgAmt
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 (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ADP TOTALSOURCE
10200 SUNSET DRIVEMIAMIFL33138EMPLOYEE LEASING$6,679,583
CITY OF BELLE ISLE
1600 NELA AVEBELLE ISLEFL32809RENTAL SERVICES$1,084,808
ACADEMICA DADE LLC
6340 SUNSET DRIVEMIAMIFL33143EDUCATION SUPPORT PROVIDER$689,400
CORNERSTONE CHARTER ACADEMY K8
5903 RANDOLPH AVEORLANDOFL32809CATERING SERVICES$421,574
DUKE ENERGY
PO BOX 14042ST PETERSBURGFL33733ENERGY SERVICES$183,594
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K8CntrctRcvdGreaterThan100KCnt
Government Grants$11,883,490GovernmentGrantsAmt
Total Contributions$11,883,490TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES: COMMUNITY SERVICES611710$207,983$207,983
FEES: FOOD SERVICES611710$98,347$98,347
FieldValueIRS element (for citing)
Total Program Service Revenue$306,330TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,366TotalRevenueColumnAmt
Related Or Exempt Func Income$93,366RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$636,610FundraisingGrossIncomeAmt
Fundraising Direct Expenses$566,624FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,986TotalRevenueColumnAmt
Exclusion$69,986ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$2,468TotalRevenueColumnAmt
Related Or Exempt Func Income$2,468RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,468OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,355,640TotalRevenueColumnAmt
Related Or Exempt Func Income$402,164RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$69,986ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,659,310TotalAmt
Program Services$5,032,279ProgramServicesAmt
Management And General$627,031ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$91,916TotalAmt
Program Services$79,373ProgramServicesAmt
Management And General$12,543ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,065,032TotalAmt
Program Services$936,596ProgramServicesAmt
Management And General$128,436ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$664,200TotalAmt
Program Services$442,800ProgramServicesAmt
Management And General$221,400ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,298TotalAmt
Management And General$3,298ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,500TotalAmt
Management And General$26,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$373,428TotalAmt
Program Services$364,440ProgramServicesAmt
Management And General$8,988ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,147,307TotalAmt
Program Services$1,147,307ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,592TotalAmt
Program Services$10,592ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,021TotalAmt
Program Services$10,021ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$938,320TotalAmt
Program Services$936,304ProgramServicesAmt
Management And General$2,016ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$124,403TotalAmt
Program Services$124,403ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE$328,996$328,996
SUPPLIES$205,676$188,242$17,434
ELECTRICITY$179,882$179,882
TEXTBOOKS$172,621$172,621

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$556,832TotalAmt
Program Services$485,423ProgramServicesAmt
Management And General$71,409ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,558,334TotalAmt
Program Services$10,439,279ProgramServicesAmt
Management And General$1,119,055ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$17,299BOYAmt
EOY$16,227EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,200,675BOYAmt
EOY$5,451,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,849BOYAmt
EOY$57,836EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$288,401BOYAmt
EOY$144,617EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,501,267LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,827,642LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,690,533BOYAmt
EOY$2,673,625EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,218,757BOYAmt
EOY$8,343,305EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$261,383BOYAmt
EOY$443,489EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$67,085BOYAmt
EOY$191,562EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$109,941BOYAmt
EOY$130,600EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$438,409BOYAmt
EOY$765,651EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,780,348BOYAmt
EOY$7,577,654EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,780,348BOYAmt
EOY$7,577,654EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,218,757BOYAmt
EOY$8,343,305EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$797,306ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
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$209,118OtherCostOrOtherBasisAmt
Book Value$209,118BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,555,831OtherCostOrOtherBasisAmt
Depreciation$1,341,329DepreciationAmt
Book Value$1,214,502BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,961,619OtherCostOrOtherBasisAmt
Depreciation$2,457,344DepreciationAmt
Book Value$504,275BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,774,699OtherCostOrOtherBasisAmt
Depreciation$1,028,969DepreciationAmt
Book Value$745,730BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,673,625TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescSALARIES AND WAGES PAYABLEDesc
Amt$130,600Amt
FieldValueIRS element (for citing)
Total Liability$130,600TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$12,355,640TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$12,355,640RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$12,355,640TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,558,334TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$11,558,334ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$11,558,334TotalExpensesPerForm990Amt

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 Recs0MaintainScholarshipsRecsInd
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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3A NON-DISCRIMINATORY STATEMENT IS INCLUDED IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES A NON-DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS PUBLISHED EACH YEAR, FOR THE LUNCH PROGRAM ON THE LOCAL NEWSPAPER AND TV STATIONS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT.
SCHEDULE E, PART I, LINE 6THE SCHOOLS MAY RECEIVE SUPPORT FROM FEDERAL, STATE, AND COUNTY GRANTS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1MISC. FUNDRAISINGEvent1Nm
Gross Receipts Event1$636,610GrossReceiptsEvent1Amt
Gross Revenue Event1$636,610GrossRevenueEvent1Amt
Other Direct Expenses Event1$566,624OtherDirectExpensesEvent1Amt
Gross Receipts Total$636,610GrossReceiptsTotalAmt
Gross Revenue Total Events$636,610GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$566,624OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$566,624DirectExpenseSummaryEventsAmt
Net Income Summary$69,986NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ACADEMICA DADE, LLC, AN EDUCATIONAL SERVICE AND SUPPORT PROVIDER COMPANY, PROVIDES PROFESSIONAL SERVICES AND RELATED SUPPORT TO PUBLIC CHARTER SCHOOLS, INLCUDING, BUT NOT LIMITED TO, ACADEMIC SUPPORT, FACILITY DEVELOPMENT AND COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP, BOOKEEPING AND ACCOUNTING, BUDGETING, AND FINANCIAL REPORTING.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION REVIEWS THE CONTENTS OF THE FORM 990 BEFORE SUBMITTING TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REQUIRES THAT ALL OFFICERS AND/OR DIRECTORS DISCLOSE ANY ACTIVITY THAT MAY BE A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15DURING THE DETERMINATION OF COMPENSATION OF OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 18THIS INFORMATION IS AVAILABLE ON THE WEBSITE WWW.GUIDESTAR.ORG
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE UPON REQUEST.
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONCITY OF BELLE ISLE CHARTER SCHOOLS, INC 6340 SUNSET DRIVE, MIAMI FL, 33143 EMPLOYER IDENTIFICATION NUMBER: 27-2154495 FOR THE YEAR ENDING JUNE 30, 2019 CITY OF BELLE ISLE CHARTER SCHOOLS, INC IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
SECTION 1.263(A)-3(N) ELECTIONCITY OF BELLE ISLE CHARTER SCHOOLS, INC 6340 SUNSET DRIVE, MIAMI FL, 33143 EMPLOYER IDENTIFICATION NUMBER: 27-2154495 FOR THE YEAR ENDING JUNE 30, 2019 CITY OF BELLE ISLE CHARTER SCHOOLS, INC IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).

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