THE CLASSICAL ACADEMY OF SARASOTA INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE CLASSICAL ACADEMY OF SARASOTA INC (EIN 46-3754462)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-05
- IRS object ID
- 201731259349302028
- Schema version
- 2015v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-05T19:37:00-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 452387413 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JRS Business & Consulting Svcs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4498 McIntosh Park Dr 1901 | AddressLine1Txt |
| City | Sarasota | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34232 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463754462 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CLASSICAL ACADEMY OF SARASOTA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JOSEPH PENGE | InCareOfNm |
| Business Name Control | CLAS | BusinessNameControlTxt |
| Phone | 9419252153 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8751 FRUITVILLE ROAD | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34240 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH PENGE | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9419201394 | PhoneNum |
| Signature | 2017-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFFERY R STEVENS | PreparerPersonNm |
| PTIN | P00850893 | PTIN |
| Phone | 9419201394 | PhoneNum |
| Preparation | 2017-05-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID SUGAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8751 FRUITVILLE ROAD | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,526,676 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | DEVELOPING THE ACADEMIC POTENTIAL AND CHARACTER OF STUDENTS THROUGH A CLASSICAL LIBERAL ARTS EDUCATION | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 44 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $99,337 | PYContributionsGrantsAmt |
| CY Contributions Grants | $111,925 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $519,862 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,414,013 | CYProgramServiceRevenueAmt |
| PY Investment Income | $14 | PYInvestmentIncomeAmt |
| CY Investment Income | $35 | CYInvestmentIncomeAmt |
| CY Other Revenue | $703 | CYOtherRevenueAmt |
| PY Total Revenue | $619,213 | PYTotalRevenueAmt |
| CY Total Revenue | $1,526,676 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $359,903 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,199,188 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $40,034 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $92,871 | PYOtherExpensesAmt |
| CY Other Expenses | $300,426 | CYOtherExpensesAmt |
| PY Total Expenses | $452,774 | PYTotalExpensesAmt |
| CY Total Expenses | $1,499,614 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $166,439 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $27,062 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $393,173 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,756,998 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $1,582,123 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $393,173 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $174,875 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DEVELOPING THE ACADEMIC POTENTIAL OF EACH STUDENT THROUGH A RIG0ROUS, CONTENT-RICH, CLASSICAL LIBERAL ARTS EDUCATION, WHILE BUILDING IN THEM A VIRTUOUS CHARACTER. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,376,973 | ExpenseAmt |
| Revenue | $1,414,013 | RevenueAmt |
| Desc | DEVELOPING HUNDREDS OF STUDENTS WHO ARE LOGICAL THINKERS, COHERENT WRITERS, CONFIDENT SPEAKERS, THOUGHTFUL LEADERS AND RESPONSIBLE, VIRTUOUS CITIZENS. | Desc |
| Total Program Service Expenses | $1,376,973 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 44 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CLASSICAL ACADEMY OF SARASOTA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9419252153 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8751 FRUITVILLE ROAD | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| KYLE SCHAUB | ||||||
| DIRECTOR | 2.500 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL S STUART | ||||||
| DIRECTOR | 2.500 | Yes (X) | $0 | $0 | $0 | |
| DAVID SUGAR | ||||||
| PRESIDENT | 2.500 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| LOGAN GREG | ||||||
| VICE PRESIDENT | 2.500 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JOSEPH PENGE | ||||||
| TREASURER | 2.500 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ELLEN GAULKE | ||||||
| SECRETARY | 2.500 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $71,958 | FundraisingAmt |
| All Other Contributions | $39,967 | AllOtherContributionsAmt |
| Total Contributions | $111,925 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611600 | $1,362,867 | $1,362,867 |
| STUDENT ACTIVITIES | 611600 | $51,146 | $51,146 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,414,013 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35 | TotalRevenueColumnAmt |
| Exclusion | $35 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISC REVENUE | 611600 | $703 | $703 |
| MISC REVENUE | 611600 | $703 | $703 |
| MISC REVENUE | 611600 | $703 | $703 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $703 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,526,676 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,414,716 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $35 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $988,297 | TotalAmt |
| Program Services | $928,999 | ProgramServicesAmt |
| Management And General | $49,415 | ManagementAndGeneralAmt |
| Fundraising | $9,883 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,562 | TotalAmt |
| Program Services | $115,843 | ProgramServicesAmt |
| Management And General | $6,228 | ManagementAndGeneralAmt |
| Fundraising | $2,491 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,329 | TotalAmt |
| Program Services | $80,286 | ProgramServicesAmt |
| Management And General | $4,316 | ManagementAndGeneralAmt |
| Fundraising | $1,727 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,926 | TotalAmt |
| Program Services | $8,356 | ProgramServicesAmt |
| Management And General | $4,874 | ManagementAndGeneralAmt |
| Fundraising | $696 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45 | TotalAmt |
| Program Services | $39 | ProgramServicesAmt |
| Management And General | $4 | ManagementAndGeneralAmt |
| Fundraising | $2 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,534 | TotalAmt |
| Program Services | $10,035 | ProgramServicesAmt |
| Management And General | $1,038 | ManagementAndGeneralAmt |
| Fundraising | $461 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,315 | TotalAmt |
| Program Services | $4,624 | ProgramServicesAmt |
| Management And General | $478 | ManagementAndGeneralAmt |
| Fundraising | $213 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,733 | TotalAmt |
| Program Services | $121,259 | ProgramServicesAmt |
| Management And General | $13,474 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,031 | TotalAmt |
| Program Services | $897 | ProgramServicesAmt |
| Management And General | $93 | ManagementAndGeneralAmt |
| Fundraising | $41 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,416 | TotalAmt |
| Program Services | $12,974 | ProgramServicesAmt |
| Management And General | $1,442 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,562 | TotalAmt |
| Program Services | $7,278 | ProgramServicesAmt |
| Management And General | $685 | ManagementAndGeneralAmt |
| Fundraising | $599 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| CLASSROOM SUPPLIES & EXPENSE | $41,326 | $41,326 | ||
| STUDENT ACTIVITIES EXPENSES | $40,017 | $40,017 | ||
| FUNDRAISING EXPENSES | $23,921 | $23,921 | ||
| ACCREDITATION FEES | $5,600 | $5,040 | $560 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,499,614 | TotalAmt |
| Program Services | $1,376,973 | ProgramServicesAmt |
| Management And General | $82,607 | ManagementAndGeneralAmt |
| Fundraising | $40,034 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $254,316 | BOYAmt |
| EOY | $227,737 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,246,416 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,527 | BOYAmt |
| EOY | $34,024 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $200,522 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $21,201 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,130 | BOYAmt |
| EOY | $179,321 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,200 | BOYAmt |
| EOY | $69,500 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,173 | BOYAmt |
| EOY | $1,756,998 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $16,085 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,509,680 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $56,358 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,582,123 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,173 | BOYAmt |
| EOY | $174,875 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,173 | BOYAmt |
| EOY | $174,875 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,173 | BOYAmt |
| EOY | $1,756,998 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $27,062 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$245,360 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
| Public Support Total170 | $0 | PublicSupportTotal170Amt |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $114,956 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,663 | DepreciationAmt |
| Book Value | $112,293 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,566 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,538 | DepreciationAmt |
| Book Value | $67,028 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $179,321 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RENT DEPOSIT | $7,500 |
| LETTER OF CREDIT | $62,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $69,500 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED EXPENSES | Desc |
| Amt | $56,358 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $56,358 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,526,676 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $1,526,676 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,526,676 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,499,614 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,499,614 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,499,614 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | false | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| P1, Ln 6b | THE SCHOOL RECEIVES STUDENT ASSISTANCE FROM THE FLORIDA PROGRAMS "STEP |
| P1, Ln 6b | UP FOR STUDENTS and THE JOHN MCKAY SCHOLARSHIPS. |
| Part I Line 3 | THE CLASSICAL ACADEMY RUNS ADS IN LOCAL PRINT MEDIA OUTLINING IT'S NON-DISCRIMINATORY POLICIES. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPRING GALA | Event1Nm |
| Gross Receipts Event1 | $44,396 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $44,396 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $15,197 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF TOURN | Event2Nm |
| Gross Receipts Event2 | $20,918 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $20,918 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $5,402 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,644 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $6,644 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $3,322 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $71,958 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $71,958 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $23,921 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $23,921 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $48,037 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 11b | DIRECTORS ARE GIVEN THE OPPORTUNITY TO REVIEW THE RETURN AND OBTAIN |
| Part VI Line 11b | NEEDED INFORMATION FROM THE PREPARER PRIOR TO FILING. |
| Part VI Line 12c | DIRECTORS REGULARLY REVIEW THE POLICY AND MAKE INQUIRIES TO ENSURE |
| Part VI Line 12c | COMPLIANCE. |
| Part VI Line 15a or b | REVIEWS OF KEY EMPLOYEES ARE MADE ANNUALLY BY THE BOARD OF DIRECTORS |
| Part VI Line 19 | THE ORGANIZATION MAKES ALL FORMS & GOVERNING DOCUMENTS AVAILABLE |
| Part VI Line 19 | ON REQUEST. |
| PART XII, LINE 1 | THE ORGANIZATION CHANGED IT'S ACCOUNTING METHOD FROM CASH TO ACCRUAL TO BE |
| PART XII, LINE 1 | IN COMPLIANCE WITH GAAP, SO THAT THEY CAN REPORT TO OUTSIDE SOURCES AND |
| PART XII, LINE 1 | RESOURCES IN A CONSISTENT AND ACCURATE MANNER, AS WELL AS BE SUFFICIENTLY |
| PART XII, LINE 1 | AUDITABLE. |
| PART XI, LINE 9 | ADJUSTMENT TO NET ASSETS REFLECTS THE CHANGE NECESSARY TO RESTATE ACCOUNTS |
| PART XI, LINE 9 | TO ACCRUAL BASIS FROM CASH BASIS. |
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