BETA

MIAMI-DADE COUNTY PUBLIC SCHOOLS FO UNDATION INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
MIAMI-DADE COUNTY PUBLIC SCHOOLS FO UNDATION INC (EIN 61-1566768)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-08
IRS object ID
201801289349302335
Schema version
2016v3.1
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)
Return2018-05-08T15:19:21-04:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Begin2016-07-01TaxPeriodBeginDt

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

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)
PersonALVIN GAINEYPersonNm
Person TitleTREASURERPersonTitleTxt
Signature2018-05-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonOCTAVIO A VERDEJAPreparerPersonNm
PTINP00640853PTIN
Phone3054463177PhoneNum
Preparation2018-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANN DE LAS POZASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE 2ND AVE SUITE 931AddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,175,938GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
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 Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,135,827PYContributionsGrantsAmt
CY Contributions Grants$3,896,335CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,400PYInvestmentIncomeAmt
CY Investment Income$3,220CYInvestmentIncomeAmt
PY Other Revenue$279,438PYOtherRevenueAmt
CY Other Revenue-$165,745CYOtherRevenueAmt
PY Total Revenue$3,417,665PYTotalRevenueAmt
CY Total Revenue$3,733,810CYTotalRevenueAmt
PY Grants And Similar Paid$701,756PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,450,010CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$125,995PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$121,064CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,160CYTotalFundraisingExpenseAmt
PY Other Expenses$335,745PYOtherExpensesAmt
CY Other Expenses$682,262CYOtherExpensesAmt
PY Total Expenses$1,163,496PYTotalExpensesAmt
CY Total Expenses$3,253,336CYTotalExpensesAmt
PY Revenues Less Expenses$2,254,169PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$480,474CYRevenuesLessExpensesAmt
Total Assets BOY$3,111,785TotalAssetsBOYAmt
Total Assets EOY$3,442,042TotalAssetsEOYAmt
Total Liabilities BOY$352,366TotalLiabilitiesBOYAmt
Total Liabilities EOY$202,149TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,759,419NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,239,893NetAssetsOrFundBalancesEOYAmt
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 SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,460,350ExpenseAmt
Grant$2,450,010GrantAmt
DescTHE FOUNDATION FOR NEW EDUCATION INITIATIVES WAS ABLE TO SUPPORT THE SUMMER YOUTH INTERNSHIP PROGRAM, THROUGH A PARTNERSHIP WITH THE COUNTY, THE CHILDREN'S TRUST, AND CAREER SOURCE PROVIDING 2,300,00.00, SUPPORTING 1712 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 3RD ANNUAL FOR THE LOVE OF LEARNING GALA WAS ATTENDED BY NEARLY 500 BUSINESS AND COMMUNITY LEADERS, RAISING ALMOST 400,000 FOR OTHERWISE UNFUNDED DISTRICT INITIATIVES, SUCH AS CULTURAL PASSPORT, PAYING FOR BASIC NEEDS FOR THE DISTRICT'S STUDENTS IN TRANSITION (HOMELESS), AND PROVIDING STUDENT SCHOLARSHIPS. ADDITIONALLY, THE SUPERINTENDENT' 5K RACE, HELD ON APRIL 7TH, AT MUSEUM PARK, IN DOWNTOWN MIAMI, HOSTED NEARLY 3,300 PARTICIPANTS, REPRESENTING OVER 175 SCHOOLS. MORE THAN 35,062 WILL BE GIVEN BACK TO THE PARTICIPATING SCHOOLS. IN ADDITION TO SERVING AS THE FISCAL AGENT FOR BOTH THE SUMMER YOUTH INTERNSHIP 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, COMPLETE WITH COMPUTERS, LAPTOPS, FURNITURE, PAINTING AND WALL GRAPHICS, WERE DONATED TO THE DISTRICT THIS YEAR, REPRESENTING AN IN-KIND DONATION VALUED AT APPROXIMATELY 75,000. ONE LAB OPENED EARLIER THIS YEAR AT HOMESTEAD MIDDLE SCHOOL AND THE SECOND LAB IS SLATED TO OPEN IN LATE MAY AT LAKE STEVENS MIDDLE SCHOOL.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$97,578ExpenseAmt
DescCOLLEGE ASSISTANCE PROGRAM: THROUGH THE COLLEGE ASSISTANCE PROGRAM, INC., STUDENTS ARE AWARDED SCHOLARSHIPS FOR COLLEGE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$523,669ExpenseAmt
DescTHE FOUNDATION PARTICIPATES IN MANY PROGRAMS THROUGHOUT THE YEAR. THESE PROGRAMS HAVE SEVERAL DIFFERENT FUNDING SOURCES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,081,597TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1108IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROXANA VEGAPersonNm
Phone3059951516PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DR LAWRENCE FELDMAN
VICE CHAIR2.00Yes (X)$0$0$0
ALBERTO CARVALHO
CHAIR2.00Yes (X)$0$0$0
ALVIN GAINEY
TREASURER2.00Yes (X)$0$0$0Yes (X)
DAVID HASS
DIRECTOR2.00Yes (X)$0$0$0
DAVID L MARCUS
DIRECTOR2.00Yes (X)$0$0$0
SUSAN MCDOWELL
DIRECTOR2.00Yes (X)$0$0$0
BILL O'DOWD
DIRECTOR2.00Yes (X)$0$0$0
NATACHA MUNILA
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
ANN DE LAS POZAS
EXECUTIVE DI40.00$113,782$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$113,782TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$234,042FundraisingAmt
Government Grants$1,750,000GovernmentGrantsAmt
All Other Contributions$1,912,293AllOtherContributionsAmt
Total Contributions$3,896,335TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,220TotalRevenueColumnAmt
Exclusion$3,220ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$276,383FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$234,042ContriRptFundraisingEventAmt
Fundraising Direct Expenses$442,128FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$165,745TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,733,810TotalRevenueColumnAmt
Exclusion$3,220ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,450,010TotalAmt
Program Services$2,450,010ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$112,458TotalAmt
Management And General$112,458ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,606TotalAmt
Management And General$8,606ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,933TotalAmt
Management And General$21,933ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17TotalAmt
Management And General$17ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,275TotalAmt
Program Services$10,340ProgramServicesAmt
Management And General$3,935ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$51TotalAmt
Management And General$51ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,190TotalAmt
Management And General$3,190ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
OTHER PROGRAM$523,669$523,669
COLLEGE ASSISTANCE PROGRA$97,578$97,578
SCHOOL PARTICIPATION$17,160$17,160
MISCELLANEOUS$4,389$4,389

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,253,336TotalAmt
Program Services$3,081,597ProgramServicesAmt
Management And General$154,579ManagementAndGeneralAmt
Fundraising$17,160FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,361,785BOYAmt
EOY$2,600,542EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$750,000BOYAmt
EOY$841,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,111,785BOYAmt
EOY$3,442,042EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$352,366BOYAmt
EOY$202,149EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$352,366BOYAmt
EOY$202,149EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$370,377BOYAmt
EOY$370,820EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,389,042BOYAmt
EOY$2,869,073EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,759,419BOYAmt
EOY$3,239,893EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,111,785BOYAmt
EOY$3,442,042EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$480,474ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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
Business Name Line2MIAMI DADE COUNTY SCHOOLSBusinessNameLine2Txt
FieldValueIRS element (for citing)
EIN596000572EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$2,450,010SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$2,450,010SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (true)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)
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,222,698TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$46,760DonatedServicesAndUseFcltsAmt
Other Revenue$442,128OtherRevenueAmt
Revenue Not Reported$488,888RevenueNotReportedAmt
Revenue Subtotal$3,733,810RevenueSubtotalAmt
Total Revenue Per Form990$3,733,810TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,742,224TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$46,760DonatedServicesUseFcltsAmt
Other Expenses Included$442,128OtherExpensesIncludedAmt
Expenses Not Reported$488,888ExpensesNotReportedAmt
Expenses Subtotal$3,253,336ExpensesSubtotalAmt
Total Expenses Per Form990$3,253,336TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE 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 6/30/17, 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 2014.
SCHEDULE D, PAGE 4, PART XI, LINE 2DSPECIAL EVENT EXPENSES 442,128
SCHEDULE D, PAGE 4, PART XII, LINE 2DSPECIAL EVENT EXPENSES 442,128

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$330,150GrossReceiptsEvent1Amt
Charitable Contri Event1$171,028CharitableContriEvent1Amt
Gross Revenue Event1$159,122GrossRevenueEvent1Amt
Other Direct Expenses Event1$270,849OtherDirectExpensesEvent1Amt
Event25K RACEEvent2Nm
Gross Receipts Event2$122,051GrossReceiptsEvent2Amt
Charitable Contri Event2$63,014CharitableContriEvent2Amt
Gross Revenue Event2$59,037GrossRevenueEvent2Amt
Other Direct Expenses Event2$111,743OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$58,224GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$58,224GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$59,536OthDirectExpnssOtherEventsAmt
Gross Receipts Total$510,425GrossReceiptsTotalAmt
Charitable Contributions Tot$234,042CharitableContributionsTotAmt
Gross Revenue Total Events$276,383GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$442,128OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$442,128DirectExpenseSummaryEventsAmt
Net Income Summary-$165,745NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MIAMI-DADE COUNTY PUBLICBusinessNameLine1Txt
Business Name Line21393583BusinessNameLine2Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11450 NE 2ND AVENUEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33132ZIPCd
FieldValueIRS element (for citing)
Recipient EIN596000572RecipientEIN
Cash Grant$2,450,010CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Purpose Of GrantIMPROVE STUDENT EDU.PurposeOfGrantTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
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 SEC 1001 453 FL STATUTES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ASTUDENT SCHOLARSHIPS. ADDITIONALLY, THE SUPERINTENDENT' 5K RACE, HELD ON APRIL 7TH, AT MUSEUM PARK, IN DOWNTOWN MIAMI, HOSTED NEARLY 3,300 PARTICIPANTS, REPRESENTING OVER 175 SCHOOLS. MORE THAN 35,062 WILL BE GIVEN BACK TO THE PARTICIPATING SCHOOLS. IN ADDITION TO SERVING AS THE FISCAL AGENT FOR BOTH THE SUMMER YOUTH INTERNSHIP 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, COMPLETE WITH COMPUTERS, LAPTOPS, FURNITURE, PAINTING AND WALL GRAPHICS, WERE DONATED TO THE DISTRICT THIS YEAR, REPRESENTING AN IN-KIND DONATION VALUED AT APPROXIMATELY 75,000. ONE LAB OPENED EARLIER THIS YEAR AT HOMESTEAD MIDDLE SCHOOL AND THE SECOND LAB IS SLATED TO OPEN IN LATE MAY AT LAKE STEVENS MIDDLE SCHOOL.
FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 15ABOARD OF DIRECTORS REVIEWS, AND APPROVES ALL COMPENSATION MATTERS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9SPECIAL EVENT EXPENSES 442,128 SPECIAL EVENT EXPENSES -442,128

Comments

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