SARASOTA SCHOOL OF ARTS AND SCIENCE INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: SARASOTA SCHOOL OF ARTS AND SCIENCE INC (EIN 65-0745152)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2018-12-04
IRS object ID: 201803389349300700
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
Form 990
Schedule A
Schedule D
Schedule E
Schedule G
Schedule K
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-12-04T07:31:27-06:00	ReturnTs
Tax Period End	2018-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	591954606	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CAVANAUGH & CO LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2381 FRUITVILLE ROAD	AddressLine1Txt
City	SARASOTA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34237	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	650745152	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SARASOTA SCHOOL OF ARTS AND	BusinessNameLine1Txt
Business Name Line2	SCIENCES INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SARA	BusinessNameControlTxt
Phone	9413301855	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	717 CENTRAL AVE	AddressLine1Txt
City	SARASOTA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34236	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARILYN HIGHLAND	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9413301855	PhoneNum
Signature	2018-11-20	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL R PENDER	PreparerPersonNm
PTIN	P00850742	PTIN
Phone	9413662983	PhoneNum
Preparation	2018-11-20	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	173.163.208.49	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-20	IPDt
IP Tm	14:15:53	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	C2B19E14346039C51D7ED3C5F6670BA75F831B27	AtSubmissionCreationDeviceId
At Submission Filing Device Id	ACF6DC7B3D418B6CD1865F011445E53A8320CBA5	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARILYN HIGHLAND	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	717 CENTRAL AVENUE	AddressLine1Txt
City	SARASOTA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34236	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$7,695,018	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SSAS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1997	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE A SMALL, INTIMATE ENVIRONMENT OF ACADEMIC EXCELLENCE AND ENRICHMENT, UTILIZING COMMUNITY PARTNERSHIPS AND TRADITIONAL AND INNOVATIVE TEACHING METHODS.	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	66	TotalEmployeeCnt
Total Volunteers	446	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$12,705	PYContributionsGrantsAmt
CY Contributions Grants	$12,874	CYContributionsGrantsAmt
PY Program Service Revenue	$6,908,537	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,554,214	CYProgramServiceRevenueAmt
PY Investment Income	-$29,977	PYInvestmentIncomeAmt
CY Investment Income	$14,480	CYInvestmentIncomeAmt
PY Other Revenue	$36,896	PYOtherRevenueAmt
CY Other Revenue	$38,724	CYOtherRevenueAmt
PY Total Revenue	$6,928,161	PYTotalRevenueAmt
CY Total Revenue	$7,620,292	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$4,080,544	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$4,275,133	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,545,635	PYOtherExpensesAmt
CY Other Expenses	$2,677,889	CYOtherExpensesAmt
PY Total Expenses	$6,626,179	PYTotalExpensesAmt
CY Total Expenses	$6,953,022	CYTotalExpensesAmt
PY Revenues Less Expenses	$301,982	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$667,270	CYRevenuesLessExpensesAmt
Total Assets BOY	$11,918,729	TotalAssetsBOYAmt
Total Assets EOY	$12,410,157	TotalAssetsEOYAmt
Total Liabilities BOY	$10,800,362	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$10,625,542	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,118,367	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,784,615	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE A SMALL, INTIMATE ENVIRONMENT OF ACADEMIC EXCELLENCE AND ENRICHMENT, UTILIZING COMMUNITY PARTNERSHIPS AND TRADITIONAL AND INNOVATIVE TEACHING METHODS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,492,496	ExpenseAmt
Revenue	$7,540,700	RevenueAmt
Desc	TO PROVIDE LIFELONG LEARNING SKILLS, USING THE EDUCATIONAL PHILOSOPHY OF THE HOLISTIC APPROACH TO THE "WHOLE" CHILD, SO THAT OUR STUDENTS WILL BE ABLE TO RELATE SAID LEARNING IN ALL OF THE DEVELOPMENTAL DOMAINS TO WHATEVER OCCUPATION THEY CHOOSE AND SUBSEQUENTLY GIVE BACK TO THE COMMUNITY AT LARGE. TO EDUCATE EVERY CHILD VIA THE INTERDISCIPLINARY, MULTICULTURAL CURRICULUM.	Desc
Total Program Service Expenses	$4,492,496	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	Yes (1)	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	47	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	66	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	12	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL R PENDER JR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9413662983	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2381 FRUITVILLE ROAD	AddressLine1Txt
City	SARASOTA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	34237	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
MICHAELA MACDONALD
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
LEE DELIETO JR
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
JAMES MCKELLY
VICE PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
BROOKE OLIVIERI
PTSS REPRESENTATIVE	2.00	Yes (X)	$0	$0	$0
TERRY MCGANNON
TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
MATT WENZEL
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
NEIRDA LAFONTANT
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
MICKEY STONE
TEACHER REP	40.00	Yes (X)	$66,493	$0	$11,368
DR MARILYN HIGHLAND
PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
TRACY BRETOI
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
STEVE W KAMM
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
NICHOLAS COLE
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
SUSAN WILHEM
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
NIKKI MOHR
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
CARLOS HERNANDEZ
BOARD - TEACHER REP	40.00		$55,483	$0	$10,538	Yes (X)
TARA TAHMOSH-NEWELL
SCHOOL ADMINISTRATOR	40.00		$122,574	$0	$15,554	Yes (X)
CARL WILLIAMS
ASST. SCHOOL ADMINISTRATOR	40.00		$115,095	$0	$14,951	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$359,645	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$52,411	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$12,874	AllOtherContributionsAmt
Total Contributions	$12,874	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EDUCATION SERVICES	611600	$7,478,709	$7,478,709
STUDENT FIELD TRIPS	900099	$75,505	$75,505

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,554,214	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$27,994	TotalRevenueColumnAmt
Exclusion	$27,994	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$13,514	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$13,514	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$13,514	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$13,514	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$99,936	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$61,212	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$38,724	TotalRevenueColumnAmt
Exclusion	$38,724	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,620,292	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,540,700	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$66,718	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$360,943	TotalAmt
Program Services	$285,145	ProgramServicesAmt
Management And General	$75,798	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,088,969	TotalAmt
Program Services	$2,397,779	ProgramServicesAmt
Management And General	$691,190	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$180,853	TotalAmt
Program Services	$137,560	ProgramServicesAmt
Management And General	$43,293	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$388,266	TotalAmt
Program Services	$298,015	ProgramServicesAmt
Management And General	$90,251	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$256,102	TotalAmt
Program Services	$198,452	ProgramServicesAmt
Management And General	$57,650	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$29,542	TotalAmt
Management And General	$29,542	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$170,703	TotalAmt
Program Services	$139,175	ProgramServicesAmt
Management And General	$31,528	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$110,562	TotalAmt
Management And General	$110,562	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$26,779	TotalAmt
Program Services	$26,779	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$562,863	TotalAmt
Program Services	$2,066	ProgramServicesAmt
Management And General	$560,797	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$7,957	TotalAmt
Program Services	$7,289	ProgramServicesAmt
Management And General	$668	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$33,460	TotalAmt
Program Services	$33,460	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$661,388	TotalAmt
Management And General	$661,388	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$477,505	TotalAmt
Program Services	$410,665	ProgramServicesAmt
Management And General	$66,840	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
INSTRUCTION SUPPLIES	$295,296	$295,296
FIELD TRIP EXPENSES	$118,973	$118,973
STUDENT TRANSPORT EXPEN	$112,457	$112,457
GENERAL ADMINSTRATION	$40,896		$40,896

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$29,508	TotalAmt
Program Services	$29,385	ProgramServicesAmt
Management And General	$123	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,953,022	TotalAmt
Program Services	$4,492,496	ProgramServicesAmt
Management And General	$2,460,526	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$250	BOYAmt
EOY	$250	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$3,266,655	BOYAmt
EOY	$3,711,757	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$19,731	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$35,044	BOYAmt
EOY	$35,169	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$11,509,219	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,881,800	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$8,596,996	BOYAmt
EOY	$8,627,419	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$53	BOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$35,562	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$11,918,729	BOYAmt
EOY	$12,410,157	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$536,744	BOYAmt
EOY	$556,847	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,016,482	BOYAmt
EOY	$9,842,504	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$176,385	BOYAmt
EOY	$175,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$31,551	BOYAmt
EOY	$21,591	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$39,200	BOYAmt
EOY	$29,600	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,800,362	BOYAmt
EOY	$10,625,542	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,096,857	BOYAmt
EOY	$1,510,100	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$21,510	BOYAmt
EOY	$274,515	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,118,367	BOYAmt
EOY	$1,784,615	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$11,918,729	BOYAmt
EOY	$12,410,157	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$667,270	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$1,022	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$652,565	OtherCostOrOtherBasisAmt
Book Value	$652,565	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,889,504	OtherCostOrOtherBasisAmt
Depreciation	$1,535,461	DepreciationAmt
Book Value	$7,354,043	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$899,384	OtherCostOrOtherBasisAmt
Depreciation	$548,876	DepreciationAmt
Book Value	$350,508	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,067,766	OtherCostOrOtherBasisAmt
Depreciation	$797,463	DepreciationAmt
Book Value	$270,303	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,627,419	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	CAPITAL LEASE	Desc
Amt	$29,600	Amt

Field	Value	IRS element (for citing)
Total Liability	$29,600	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$7,544,787	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$7,544,787	RevenueSubtotalAmt
Other Revenues Not Included	$75,505	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$75,505	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$7,620,292	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$6,878,539	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$1,022	OtherExpensesIncludedAmt
Expenses Not Reported	$1,022	ExpensesNotReportedAmt
Expenses Subtotal	$6,877,517	ExpensesSubtotalAmt
Other Expenses Not Included	$75,505	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$75,505	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$6,953,022	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	INCOME TAXES: THE CHARTER SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE CHARTER SCHOOL'S STATUS AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY IS CONSIDERED A TAX POSITION SUBJECT TO REPORTING REQUIREMENTS UNDER FASB ACCOUNTING STANDARDS CODIFICATION 740-10. ENTITIES ARE REQUIRED TO EXAMINE ALL TAX POSITIONS AND DETERMINE IF IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CHARTER SCHOOL HAS NOT RECORDED ANY ACCRUALS FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2018.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	STUDENT FEES - FIELD TRIPS 75,505.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	AMORTIZATION OF BOND COSTS 1,022.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	STUDENT FEES - FIELD TRIPS 75,505.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	SARASOTA SCHOOL OF ARTS AND SCIENCES IS A PUBLIC CHARTER SCHOOL, WE FOLLOW THE SAME GUIDELINES AS OUR SPONSOR, THE SCHOOL BOARD OF SARASOTA COUNTY, PER OUR CHARTER CONTRACT EFFECTIVE JULY 1, 2013 ENDING JUNE 30, 2028.
SCHEDULE E, PART I, LINE 6	ALL REVENUE/FUNDING FILTERS THROUGH THE SCHOOL BOARD OF SARASOTA COUNTY FROM THE FLORIDA EDUCATION FINANCE PROGRAM (FEFP)

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	VARIOUS EVENTS HELD THROUGHOUT YEAR	Event1Nm
Gross Receipts Event1	$99,936	GrossReceiptsEvent1Amt
Charitable Contri Event1	$0	CharitableContriEvent1Amt
Gross Revenue Event1	$99,936	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$61,212	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$99,936	GrossReceiptsTotalAmt
Gross Revenue Total Events	$99,936	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$61,212	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$61,212	DirectExpenseSummaryEventsAmt
Net Income Summary	$38,724	NetIncomeSummaryAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
SARASOTA COUNTY FLORIDA
A	596000848	80329WAA3	2010-06-28	$1,000,000	EDUCATIONAL FACILITIES REVENUE BONDS - SARASOTA SCHOOL OF ARTS AND SCIENCES	0	0	0
SARASOTA COUNTY FLORIDA
B	596000848	80329WAB1	2010-06-28	$3,505,000	EDUCATIONAL FACILITIES REVENUE BONDS - SARASOTA SCHOOL OF ARTS AND SCIENCES	0	0	0
SARASOTA COUNTY FLORIDA
C	596000848	08329WAC9	2010-06-28	$6,535,000	EDUCATIONAL FACILITIES REVENUE BONDS - SARASOTA SCHOOL OF ARTS AND SCIENCES	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$1,000,000	$1,000,000	2013	Yes (1)	Yes (1)
B	$3,505,000	$3,505,000	2013	Yes (1)	Yes (1)
C	$6,535,000	$6,535,000	2013	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0
C	0	0	0	0	0	0	0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0	0	0
C	0	0	0	0	0	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	0
B	0
C	0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE K SUPPLENTAL INFORMATION	FormAndLineReferenceDesc
Explanation	TOTAL OF $11,040,000 SARASOTA COUNTY FLORIDA EDUCATIONAL FACILITIES REVENUE BONDS SERIES 2010 DATED 6/28/10 WILL BE PAID OFF 7/1/2040 (30 YEARS OR 360 MONTHS)	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	MATTHEW WENZEL	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	BOARD MEMBER	RelationshipDescriptionTxt
Transaction	$104,762	TransactionAmt
Transaction	MR. WENZEL IS THE VICE PRESIDENT OF WENZEL ELECTRIC. WENZEL ELECTRIC, INC WAS PAID FOR ELECTRICAL, SECURITY AND ALARM SERVICES.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	MARILYN HIGHLAND, PRESIDENT OF THE BOARD, APPROVES THE FINAL DRAFT OF THE RETURN. DRAFT IS REVIEWED AT BOARD MEETING FOR ACCURACY AND POTENTIAL REVISIONS.
FORM 990, PART VI, SECTION B, LINE 12C	YES, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSONS HAVE RECEIVED A COPY, UNDERSTANDS THE POLICY AND HAVE AGREED TO COMPLY WITH THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST AND ON THE AUDITOR GENERAL'S WEBSITE FOR THE STATE OF FLORIDA
FORM 990, PART XI, LINE 9:	AMORTIZATION OF BOND COSTS AMORTIZATION OF BOND COSTS -1,022.
FORM 990, PART XII, LINE 2C	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.