RISING LEADERS ACADEMY INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
RISING LEADERS ACADEMY INC (EIN 80-0688292)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-10
IRS object ID
201821309349301657
Schema version
2016v3.0
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)
Return2018-05-10T09:31:41-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN800688292EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RISING LEADERS ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRISIBusinessNameControlTxt
Phone8502150844PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11527 LINCOLN AVENUEAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAHMED REZKPersonNm
Person TitleAUTHORIZED REPRESENTATIVEPersonTitleTxt
Phone8502150844PhoneNum
Signature2018-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
PTINP00368983PTIN
Phone3054463022PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAHMED REZKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11527 LINCOLN AVENUEAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$978,414GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.RISINGLEADERSACADEMY.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionESTABLISHED AS A CHARTER SCHOOL OF THE DISTRICT SCHOOL BOARD OF BAY COUNTY, FLORIDA AND IS CONSIDERED A COMPONENT UNIT OF SUCH BOARD.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee19TotalEmployeeCnt
Total Volunteers63TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$783,944PYContributionsGrantsAmt
CY Contributions Grants$927,648CYContributionsGrantsAmt
PY Program Service Revenue$45,994PYProgramServiceRevenueAmt
CY Program Service Revenue$35,268CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$18,736PYOtherRevenueAmt
CY Other Revenue$13,194CYOtherRevenueAmt
PY Total Revenue$848,674PYTotalRevenueAmt
CY Total Revenue$976,110CYTotalRevenueAmt
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$501,472PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$546,066CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$268,013PYOtherExpensesAmt
CY Other Expenses$282,628CYOtherExpensesAmt
PY Total Expenses$769,485PYTotalExpensesAmt
CY Total Expenses$828,694CYTotalExpensesAmt
PY Revenues Less Expenses$79,189PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$147,416CYRevenuesLessExpensesAmt
Total Assets BOY$743,154TotalAssetsBOYAmt
Total Assets EOY$624,502TotalAssetsEOYAmt
Total Liabilities BOY$582,386TotalLiabilitiesBOYAmt
Total Liabilities EOY$316,318TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$160,768NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$308,184NetAssetsOrFundBalancesEOYAmt
MissionESTABLISHED AS A CHARTER SCHOOL OF THE DISTRICT SCHOOL BOARD OF BAY COUNTY COUNTY, FLORIDA AND IS CONSIDERED A COMPONENT UNIT OF SUCH BOARD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$653,512ExpenseAmt
Revenue$43,861RevenueAmt
DescRISING LEADERS ACAEDEMY INC. PROVIDES EDUCATION FOR CHILDREN FROM KINDERGARTEN THROUGH SEVENTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30TH, 2017, THERE WERE 138 STUDENTS.Desc
Total Program Service Expenses$653,512TotalProgramServiceExpensesAmt
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 Activities0FundraisingActivitiesInd
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 Document9IRPDocumentCnt
IRP Document W2 G19IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee19EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AHMED REZKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8502150844PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11527 LINCOLN AVENUEAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DR EREN OZEN
PRESIDENT AND CHAIR0.20Yes (X)Yes (X)$0$0$0
TARONE WATLEY
VICE PRESIDENT0.20Yes (X)Yes (X)$0$0$0
DR AHMED BAKER
TREASURER0.20Yes (X)Yes (X)$0$0$0
OSAMA ALBIBI
SECRETARY0.20Yes (X)Yes (X)$0$0$0
TODD ZABORSKI
MEMBER0.20Yes (X)$0$0$0
DR AHMED REZK
MEMBER0.20Yes (X)$0$0$0
SOHA ABDELJABER
PRINCIPAL, EXCECUTIVE DIRE40.00Yes (X)$59,480$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$59,480TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAYCHEX INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line13100 SW 145TH AVE 400AddressLine1Txt
CityMIRAMARCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33027ZIPCd
FieldValueIRS element (for citing)
ServicesPAYROLL SERVICESServicesDesc
Compensation$510,611CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$902,907GovernmentGrantsAmt
All Other Contributions$24,741AllOtherContributionsAmt
Total Contributions$927,648TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LUNCH PROGRAM611710$16,955$16,955
INSTRUCTION FEES611710$15,053$15,053
COMMUNITY SERVICES611710$3,260$3,260
FieldValueIRS element (for citing)
Total Program Service Revenue$35,268TotalProgramServiceRevenueAmt
Fundraising Gross Income$6,905FundraisingGrossIncomeAmt
Fundraising Direct Expenses$2,304FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,601TotalRevenueColumnAmt
Exclusion$4,601ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611710BusinessCd
Total Revenue Column$8,593TotalRevenueColumnAmt
Related Or Exempt Func Income$8,593RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$8,593OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$976,110TotalRevenueColumnAmt
Related Or Exempt Func Income$43,861RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$4,601ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$507,878TotalAmt
Program Services$418,739ProgramServicesAmt
Management And General$89,139ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$34,159TotalAmt
Program Services$28,053ProgramServicesAmt
Management And General$6,106ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,029TotalAmt
Program Services$3,384ProgramServicesAmt
Management And General$645ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,047TotalAmt
Program Services$25,422ProgramServicesAmt
Management And General$7,625ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$17,025TotalAmt
Program Services$17,025ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,147TotalAmt
Management And General$2,147ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,372TotalAmt
Program Services$3,965ProgramServicesAmt
Management And General$2,407ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$28,861TotalAmt
Program Services$28,861ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,567TotalAmt
Program Services$20,567ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$18,916TotalAmt
Program Services$10,998ProgramServicesAmt
Management And General$7,918ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
DISTRICT ADMINISTRATIVE$38,016$38,016
PUBLIC UTILITY SERVICE$29,994$29,994
SUPPLIES$19,690$19,690
FOOD SERVICES$14,706$14,706

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$53,287TotalAmt
Program Services$32,108ProgramServicesAmt
Management And General$21,179ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$828,694TotalAmt
Program Services$653,512ProgramServicesAmt
Management And General$175,182ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$139,320BOYAmt
EOY$213,018EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$9,019EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$430,699LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$28,234LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$603,834BOYAmt
EOY$402,465EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$743,154BOYAmt
EOY$624,502EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$392EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$48,860BOYAmt
EOY$14,404EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$533,526BOYAmt
EOY$301,522EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$582,386BOYAmt
EOY$316,318EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$160,768BOYAmt
EOY$308,184EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$743,154BOYAmt
EOY$624,502EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$147,416ReconcilationRevenueExpnssAmt
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$107,031OtherCostOrOtherBasisAmt
Book Value$107,031BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$285,675OtherCostOrOtherBasisAmt
Book Value$285,675BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$37,993OtherCostOrOtherBasisAmt
Depreciation$28,234DepreciationAmt
Book Value$9,759BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$402,465TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CAPITAL LEASE PAYABLE$264,690
SALARIES AND WAGES PAYABLE$36,832
FieldValueIRS element (for citing)
Total Liability$301,522TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$978,414TotalRevEtcAuditedFinclStmtAmt
Other Revenue$2,304OtherRevenueAmt
Revenue Not Reported$2,304RevenueNotReportedAmt
Revenue Subtotal$976,110RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$976,110TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$830,998TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$2,304OtherExpensesIncludedAmt
Expenses Not Reported$2,304ExpensesNotReportedAmt
Expenses Subtotal$828,694ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$828,694TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:FOR TAX PURPOSES $2,304 OF DIRECT FUNDRAISING EXPENSES WERE REFLECTED AS A DECREASE IN REVENUES, HOWEVER THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS REFLECT THIS AMOUNT AS AN EXPENSE.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FOR TAX PURPOSES $2,304 OF DIRECT FUNDRAISING EXPENSES WERE REFLECTED AS A DECREASE IN REVENUES, HOWEVER THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS REFLECT THIS AMOUNT AS AN EXPENSE.

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 3WE INCLUDE A NON-DISCRIMINATORY STATEMENT IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES THIS TYPE OF STATEMENT. ADDITIONALLY, FOR THE LUNCH PROGRAM WE HAVE TO SEND OUT A PUBLIC NOTICE EACH YEAR, WHICH IS SENT TO THE LOCAL NEWSPAPERS AND TELEVISION STATIONS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT.
SCHEDULE E, PART I, LINE 6THIS ORGANIZATION IS A NONPROFIT CHARTER SCHOOL. IT RECEIVES A MAJORITY OF ITS FUNDING FROM FEDERAL/LOCAL GOVERNMENT ASSISTANCE. THIS FUNDING HELPS THE ORGANIZATION TO PROVIDE QUALITY EDUCATION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BSCHOOL FINANCIAL SERVICES INC REVIEWS THE CONTENTS OF THE FORM 990 BEFORE IT IS SUBMITTED 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 15THE DETERMINATION OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES, INVOLVES REVIEWING OFFICER'S CONTRACT, ORGANIZATION'S BUDGET, AND PAST PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 18THIS INFORMATION IS AVAILABLE TO THE PUBLIC VIA 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 ELECTIONRISING LEADERS ACADEMY INC 1527 LINCOLN AVENUE PANAMA CITY, FL 32405 EIN:80-0688292 FOR THE YEAR ENDING JUNE 30, 2017 RISING LEADERS ACADEMY INC IS MAKING THE MINIMIS SAFE HARBOR ELECTION UNDER REG.SEC.1.263(A)-1(F)
SECTION 1.263(A)-1(N) ELECTIONRISING LEADERS ACADEMY INC 1527 LINCOLN AVENUE PANAMA CITY, FL 32405 EIN:80-0688292 FOR THE YEAR ENDING JUNE 30, 2017 RISING LEADERS ACADEMY INC IS ELECTING TO CAPITALIZE REPAIRS AND MAINTENANCE COSTS UNDER REG.SEC.1.263(A)-1(N).

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