BETA

MIAMI-DADE COUNTY PUBLIC SCHOOLS FO UNDATION INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
MIAMI-DADE COUNTY PUBLIC SCHOOLS FO UNDATION INC (EIN 61-1566768)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-07-10
IRS object ID
202041929349302169
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)
Return2020-07-10T14:22:19-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204989621PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1255 ALHAMBRA CIR STE 560AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP331347417ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN611566768EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR NEW EDUCATIONBusinessNameLine1Txt
Business Name Line2INITIATIVES INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone3059957317PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE 2ND AVE RM/STE 931AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonIRAIDA MENDEZ-CARTAYAPersonNm
Person TitleASSOCIATE SUPERINTENDENTPersonTitleTxt
Phone3059957317PhoneNum
Signature2020-07-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonOCTAVIO A VERDEJAPreparerPersonNm
PTINP00640853PTIN
Phone3054463177PhoneNum
Preparation2020-07-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address170.55.63.100IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-10IPDt
IP Tm15:03:29IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id59E52F2BCDB5AC939DFD646E747BAD16C5D1EA62AtSubmissionCreationDeviceId
At Submission Filing Device IdE4B8E8B3CB0A41D630B4BD7476065D2D9DE4B3BAAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-11-06 18:47:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANN DE LAS POZASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE 2ND AVE RM/STE 931AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,946,578GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GIVEOURSTUDENTSTHEWORLD.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE FOUNDATION FOR NEW EDUCATION INITIATIVES, INC. IS TO ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATIONAL INITIATIVES OF MIAMI-DADE COUNTY PUBLIC SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,365,051PYContributionsGrantsAmt
CY Contributions Grants$5,768,200CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$6,331PYInvestmentIncomeAmt
CY Investment Income$7,944CYInvestmentIncomeAmt
PY Other Revenue$116,650PYOtherRevenueAmt
CY Other Revenue-$341,784CYOtherRevenueAmt
PY Total Revenue$5,488,032PYTotalRevenueAmt
CY Total Revenue$5,434,360CYTotalRevenueAmt
PY Grants And Similar Paid$3,279,531PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,321,408CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$146,684PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$161,148CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,288,856PYOtherExpensesAmt
CY Other Expenses$473,010CYOtherExpensesAmt
PY Total Expenses$4,715,071PYTotalExpensesAmt
CY Total Expenses$4,955,566CYTotalExpensesAmt
PY Revenues Less Expenses$772,961PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$478,794CYRevenuesLessExpensesAmt
Total Assets BOY$4,673,719TotalAssetsBOYAmt
Total Assets EOY$3,231,480TotalAssetsEOYAmt
Total Liabilities BOY$2,155,324TotalLiabilitiesBOYAmt
Total Liabilities EOY$234,291TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,518,395NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,997,189NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE FOUNDATION FOR NEW EDUCATION INITIATIVES, INC. IS TO ENHANCE STUDENT ACHIEVEMENT AND COMMUNITY ENGAGEMENT IN SUPPORT OF EDUCATIONAL INITIATIVES OF MIAMI-DADE COUNTY PUBLIC SCHOOLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,694,403ExpenseAmt
Grant$4,321,408GrantAmt
DescTHE FOUNDATION FOR NEW EDUCATION INITIATIVE WAS ABLE TO SUPPORT THE SUMMER YOUTH INTERNSHIP PROGRAM, THROUGH A PARTNERSHIP WITH THE COUNTY, THE CHILDREN'S TRUST, AND CAREER SOURCE PROVIDING $2,079,872, SUPPORTING 2,526 STUDENTS IN A 5-WEEK PAID INTERNSHIP PROGRAM, AND CONTRACTING WITH AND COORDINATING THE PAYMENT OF THE 45 INDEPENDENT CONTRACTORS WHO SUPERVISED THE PROGRAM.THE 4TH ANNUAL FOR THE LOVE OF LEARNING GALA WAS ATTENDED BY OVER 450 BUSINESS AND COMMUNITY LEADERS, RAISING NEARLY $600,000 FOR OTHERWISE UNFUNDED DISTRICT INITIATIVES, SUCH AS CULTURAL PASSPORT, PAYING FOR BASIC NEED FOR THE DISTRICT'S STUDENTS IN TRANSITION (HOMELESS), AND AWARDING SCHOLARSHIPS TO STUDENTS.ADDITIONALLY, THE SUPERINTENDENT'S 5K RACE, HELD ON APRIL 13TH, AT MUSEUM PART, IN DOWNTOWN MIAMI, HOSTED OVER 3,300 PARTICIPANTS, REPRESENTING OVER 219 SCHOOLS, $32,364 WERE GIVEN BACK TO THE SCHOOLS.IN ADDITION TO SERVING AS THE FISCAL AGENT FOR BOTH THE SUMMER INTERSHIP PROGRAM AND THE TOGETHER FOR CHILDREN INITIATIVE, FNEI CONTINUED ITS RELATIONSHIP WITH RAY ALLEN AND HIS RAY OF HOPE FOUNDATION. THROUGH THIS PARTNERSHIP, TWO COMPUTER LABS COMPLETED WITH COMPUTERS, LAPTOPS, FURNITURE, PAINTING AND WALL GRAPHICS, WERE DONATED TO THE DISTRICT THIS YEAR, REPRESENTING AN IN-KIND DONATION VALUED APPROXIMATED AT $56,000.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescSUPPORT TO SCHOOLS. THE FOUNDATION WAS ABLE TO PROVIDE SUPPORT TO SCHOOLS WITH MINI GRANTS AND SCHOLARSHIPS TO STUDENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTHE FOUNDATION PARTICIPATES IN MANY PROGRAMS THROUGH OUT THE YEAR. THESE PROGRAMS HAVE SEVERAL DIFFERENT FUNDING SOURCES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,694,403TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
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 OrganizationsYes (1)GrantsToOrganizationsInd
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 Document1422IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
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 ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROXANA VEGABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3059951516PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE 2ND AVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PERLA TABARES HANTMAN
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
ALBERTO CARVALHO
CHAIR2.00Yes (X)Yes (X)$0$0$0
ALAN FEIN
TREASURER2.00Yes (X)Yes (X)$0$0$0
DAVID L MARCUS
DIRECTOR2.00Yes (X)$0$0$0
SUSAN MCDOWELL
DIRECTOR2.00Yes (X)$0$0$0
NATACHA BASTIAN
DIRECTOR2.00Yes (X)$0$0$0
JULIE WILLIAMSON
DIRECTOR2.00Yes (X)$0$0$0
KADISHA PHELPS
DIRECTOR2.00Yes (X)$0$0$0
PETER E SALOMON
DIRECTOR2.00Yes (X)$0$0$0
ALFRED G SMITH
DIRECTOR2.00Yes (X)$0$0$0
CELIA DE LA LLAMA
DIRECTOR2.00Yes (X)$0$0$0
BETH EDWARDS
DIRECTOR2.00Yes (X)$0$0$0
DR WAYNE STEPHENS
DIRECTOR2.00Yes (X)$0$0$0
MATTHEW ANDERSON
DIRECTOR2.00Yes (X)$0$0$0
ANN DE LAS POZAS
EXECUTIVE DIRECTOR40.00Yes (X)$115,146$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$115,146TotalReportableCompFromOrgAmt
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
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$579,173FundraisingAmt
Government Grants$3,668,955GovernmentGrantsAmt
All Other Contributions$1,520,072AllOtherContributionsAmt
Total Contributions$5,768,200TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,944TotalRevenueColumnAmt
Exclusion$7,944ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$167,894FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$579,173ContriRptFundraisingEventAmt
Fundraising Direct Expenses$512,218FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$344,324TotalRevenueColumnAmt
Exclusion-$344,324ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Total Revenue Column$2,540TotalRevenueColumnAmt
Related Or Exempt Func Income$2,540RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,540OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,434,360TotalRevenueColumnAmt
Related Or Exempt Func Income$2,540RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$336,380ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,321,408TotalAmt
Program Services$4,321,408ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$115,146TotalAmt
Management And General$115,146ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$34,506TotalAmt
Management And General$34,506ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,496TotalAmt
Management And General$11,496ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,442TotalAmt
Management And General$20,442ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,500TotalAmt
Management And General$3,500ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$142,676TotalAmt
Program Services$139,873ProgramServicesAmt
Management And General$2,803ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$233,872TotalAmt
Program Services$233,122ProgramServicesAmt
Management And General$750ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,181TotalAmt
Management And General$2,181ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
YOUTH PROGRAMS$68,089$68,089
LICENSES AND MEMBERSHIP$2,250$2,250

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,955,566TotalAmt
Program Services$4,694,403ProgramServicesAmt
Management And General$261,163ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,622,585BOYAmt
EOY$2,962,797EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$51,134BOYAmt
EOY$268,683EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,673,719BOYAmt
EOY$3,231,480EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$350,916BOYAmt
EOY$234,291EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,804,408BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,155,324BOYAmt
EOY$234,291EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$887,659BOYAmt
EOY$1,272,976EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,630,736BOYAmt
EOY$1,724,213EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,518,395BOYAmt
EOY$2,997,189EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,673,719BOYAmt
EOY$3,231,480EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$478,794ReconcilationRevenueExpnssAmt
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)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MDC-PSBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN596000572EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$4,321,408SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$4,321,408SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (1)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,002,579TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$56,001DonatedServicesAndUseFcltsAmt
Other Revenue$512,218OtherRevenueAmt
Revenue Not Reported$568,219RevenueNotReportedAmt
Revenue Subtotal$5,434,360RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,434,360TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,523,785TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$56,001DonatedServicesUseFcltsAmt
Other Expenses Included$512,218OtherExpensesIncludedAmt
Expenses Not Reported$568,219ExpensesNotReportedAmt
Expenses Subtotal$4,955,566ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,955,566TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/19, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2016.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 512,218.
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES 512,218.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$578,203GrossReceiptsEvent1Amt
Charitable Contri Event1$528,203CharitableContriEvent1Amt
Gross Revenue Event1$50,000GrossRevenueEvent1Amt
Other Direct Expenses Event1$318,582OtherDirectExpensesEvent1Amt
Event25K RACEEvent2Nm
Gross Receipts Event2$116,864GrossReceiptsEvent2Amt
Charitable Contri Event2$50,970CharitableContriEvent2Amt
Gross Revenue Event2$65,894GrossRevenueEvent2Amt
Other Direct Expenses Event2$154,636OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$52,000GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$52,000GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$39,000OthDirectExpnssOtherEventsAmt
Gross Receipts Total$747,067GrossReceiptsTotalAmt
Charitable Contributions Tot$579,173CharitableContributionsTotAmt
Gross Revenue Total Events$167,894GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$512,218OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$512,218DirectExpenseSummaryEventsAmt
Net Income Summary-$344,324NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MIAMI-DADE COUNTY PUBLIC SCHOOLSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE 2ND AVENUEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd
FieldValueIRS element (for citing)
Recipient EIN596000572RecipientEIN
Cash Grant$4,321,408CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of GrantIMPROVE STUDENT EDU.PurposeOfGrantTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL FUNDS PROVIDED TO ORGANIZATIONS ARE DONE SO IN ACCORDANCE WITH THE SCOPE AND OBJECTIVES OF THE PROGRAMS PROPOSED FOR FUNDING, THE FUNDERS' GUIDELINES AND REQUIREMENTS AND ARE MANAGED AND IMPLEMENTED BY THE FOUNDATION AS APPROVED BY THE BOARD OF DIRECTORS. THIS FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY IN ACCORDANCE WITH FL STATUTES SEC 1001 453.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY MANAGEMENT AND IS PRESENTED TO THE BOARD CHAIR FOR REVIEW AFTER IT IS FILED. UPDATES, IF ANY, WILL BE PROCESSED BY AMENDED RETURN.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, THE BOARD OF DIRECTORS COMPLETE THE CONFLICT OF INTEREST FORM, DECLARING ANY POTENTIAL CONFLICTS, WHICH ARE REVIEWED BY THE EXECUTIVE DIRECTOR. DISCIPLINARY ACTION AND RESTRICTIONS ARE IDENTIFIED ON AN INDIVIDUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS REVIEW AND APPROVE ALL COMPENSATION MATTERS.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.