CORNERSTONE CHARTER ACADEMY INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CORNERSTONE CHARTER ACADEMY INC (EIN 27-2154495)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-03-22
IRS object ID
201900819349300845
Schema version
2017v2.3
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)
Return2019-03-22T16:02:31-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

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 Begin2017-07-01TaxPeriodBeginDt

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
Signature2019-03-22SignatureDt
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)
IP2019-03-22IPDt
IP Tm17:02:13IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6A068AA14FE69FCB3A839602981D357C1D4BA196AtSubmissionCreationDeviceId
At Submission Filing Device Id8B411651D060E187ABCDEDBFDFF2AE16CD3D663CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

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$12,008,210GrossReceiptsAmt
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 Employee168TotalEmployeeCnt
Total Volunteers1489TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,316,672PYContributionsGrantsAmt
CY Contributions Grants$11,205,416CYContributionsGrantsAmt
PY Program Service Revenue$204,554PYProgramServiceRevenueAmt
CY Program Service Revenue$274,192CYProgramServiceRevenueAmt
PY Investment Income$11,661PYInvestmentIncomeAmt
CY Investment Income$43,226CYInvestmentIncomeAmt
PY Other Revenue$36,687PYOtherRevenueAmt
CY Other Revenue$24,119CYOtherRevenueAmt
PY Total Revenue$10,569,574PYTotalRevenueAmt
CY Total Revenue$11,546,953CYTotalRevenueAmt
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$5,547,363PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,357,241CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,377,348PYOtherExpensesAmt
CY Other Expenses$4,323,257CYOtherExpensesAmt
PY Total Expenses$9,924,711PYTotalExpensesAmt
CY Total Expenses$10,680,498CYTotalExpensesAmt
PY Revenues Less Expenses$644,863PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$866,455CYRevenuesLessExpensesAmt
Total Assets BOY$6,450,571TotalAssetsBOYAmt
Total Assets EOY$7,218,757TotalAssetsEOYAmt
Total Liabilities BOY$536,678TotalLiabilitiesBOYAmt
Total Liabilities EOY$438,409TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,913,893NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,780,348NetAssetsOrFundBalancesEOYAmt
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$9,541,832ExpenseAmt
Revenue$336,399RevenueAmt
DescCITY OF BELLE ISLE CHARTER SCHOOL INC PROVIDES EDUCATION FOR CHILDREN FROM KINDERGARTEN THROUGH TWELFTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2018, 1,429 STUDENTS WERE ENROLLED.Desc
Total Program Service Expenses$9,541,832TotalProgramServiceExpensesAmt
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 Document35IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee168EmployeeCnt
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
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
DIRECTOR, VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
LYDIA PISANO
DIRECTOR2.00Yes (X)$0$0$0
DR KEITH VAN DYKE
DIRECTOR, SECRETARY, TREAS2.00Yes (X)Yes (X)$0$0$0
KARL SHUCK
DIRECTOR2.00Yes (X)$0$0$0
CHERYL COLPITTS
DIRECTOR2.00Yes (X)$0$0$0
CAROLINE LANDT
DIRECTOR2.00Yes (X)$0$0$0
DR SHAYAN VYAS
DIRECTOR2.00Yes (X)$0$0$0
RENEE PANCOAST
PRINCIPAL40.00$133,388$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$133,388TotalReportableCompFromOrgAmt
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$6,274,117
CITY OF BELLE ISLE
1600 NELA AVEBELLE ISLEFL32809RENTAL SERVICES$981,715
CORNERSTONE CHARTER ACADEMY K8
5903 RANDOLPH AVEORLANDOFL32809CATERING SERVICES$739,937
ACADEMICA DADELLC
6340 SUNSET DRIVEMIAMIFL33143EDUCATION SUPPORT PROVIDER$704,325
IT SAVVY LLC
313 SOUTH ROHLWING ROADADDISONIL60101TECHNOLOGY SOLUTIONS PROVIDER$508,573
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
Government Grants$11,200,616GovernmentGrantsAmt
All Other Contributions$4,800AllOtherContributionsAmt
Total Contributions$11,205,416TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES: COMMUNITY SERVICES611710$193,254$193,254
FEES: FOOD SERVICES611710$80,938$80,938
FieldValueIRS element (for citing)
Total Program Service Revenue$274,192TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,226TotalRevenueColumnAmt
Related Or Exempt Func Income$43,226RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$466,395FundraisingGrossIncomeAmt
Fundraising Direct Expenses$461,257FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,138TotalRevenueColumnAmt
Exclusion$5,138ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
E-RATE REBATES900099$11,328$11,328
INDUSTRY CERTIFICATION900099$5,611$5,611
ADJUSTMENTS & ALLOCATIONS900099$1,078$1,078

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$964TotalRevenueColumnAmt
Related Or Exempt Func Income$964RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$18,981OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,546,953TotalRevenueColumnAmt
Related Or Exempt Func Income$336,399RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,138ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,293,072TotalAmt
Program Services$4,675,065ProgramServicesAmt
Management And General$618,007ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$88,344TotalAmt
Program Services$75,093ProgramServicesAmt
Management And General$13,251ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$975,825TotalAmt
Program Services$854,617ProgramServicesAmt
Management And General$121,208ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$643,050TotalAmt
Program Services$428,700ProgramServicesAmt
Management And General$214,350ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$21,723TotalAmt
Program Services$2,873ProgramServicesAmt
Management And General$18,850ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,700TotalAmt
Management And General$26,700ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$307,330TotalAmt
Program Services$305,330ProgramServicesAmt
Management And General$2,000ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$929,791TotalAmt
Program Services$929,791ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,902TotalAmt
Program Services$13,902ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,417TotalAmt
Program Services$3,417ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$808,830TotalAmt
Program Services$806,484ProgramServicesAmt
Management And General$2,346ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$194,478TotalAmt
Program Services$194,478ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE$392,817$392,817
SUPPLIES$209,417$177,802$31,615
ELECTRICITY$177,357$177,357
AFTERCARE EXPENSE$161,182$161,182

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$433,263TotalAmt
Program Services$342,924ProgramServicesAmt
Management And General$90,339ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,680,498TotalAmt
Program Services$9,541,832ProgramServicesAmt
Management And General$1,138,666ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$138,612BOYAmt
EOY$17,299EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,522,492BOYAmt
EOY$4,200,675EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$151,174BOYAmt
EOY$21,849EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$139,239BOYAmt
EOY$288,401EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,579,856LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,889,323LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,499,054BOYAmt
EOY$2,690,533EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,450,571BOYAmt
EOY$7,218,757EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$309,095BOYAmt
EOY$261,383EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$96,038BOYAmt
EOY$67,085EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$131,545BOYAmt
EOY$109,941EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$536,678BOYAmt
EOY$438,409EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,913,893BOYAmt
EOY$6,780,348EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,913,893BOYAmt
EOY$6,780,348EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,450,571BOYAmt
EOY$7,218,757EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$866,455ReconcilationRevenueExpnssAmt
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$2,432,119OtherCostOrOtherBasisAmt
Depreciation$1,021,203DepreciationAmt
Book Value$1,410,916BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,421,978OtherCostOrOtherBasisAmt
Depreciation$2,102,093DepreciationAmt
Book Value$319,885BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,516,641OtherCostOrOtherBasisAmt
Depreciation$766,027DepreciationAmt
Book Value$750,614BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,690,533TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SALARIES AND WAGES PAYABLE$79,095
DUE TO FIDUCIARY FUND$30,846
FieldValueIRS element (for citing)
Total Liability$109,941TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$11,546,953TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$11,546,953RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,546,953TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,680,498TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$10,680,498ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,680,498TotalExpensesPerForm990Amt

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$466,395GrossReceiptsEvent1Amt
Gross Revenue Event1$466,395GrossRevenueEvent1Amt
Other Direct Expenses Event1$461,257OtherDirectExpensesEvent1Amt
Gross Receipts Total$466,395GrossReceiptsTotalAmt
Gross Revenue Total Events$466,395GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$461,257OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$461,257DirectExpenseSummaryEventsAmt
Net Income Summary$5,138NetIncomeSummaryAmt

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, 2018 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, 2018 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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