LEARNING INDEPENDENCE FOR TOMORROW INCORPORATED: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
LEARNING INDEPENDENCE FOR TOMORROW INCORPORATED (EIN 46-1088977)
Tax period
2015-07-01 to 2016-06-30
Filed
2016-09-08
IRS object ID
201602529349300210
Schema version
2015v2.1
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)
Return2016-09-08T08:26:52-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN364818378PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SPOOR BUNCH FRANZBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 SECOND AVENUE NE SUITE 1600AddressLine1Txt
CityST PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33701ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461088977EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEARNING INDEPENDENCE FOR TOMORROWBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEARBusinessNameControlTxt
Phone7274348322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113400 PARK BOULEVARDAddressLine1Txt
CitySEMINOLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33776ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIM KURUZOVICHPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7274348322PhoneNum
Signature2016-09-07SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonW GORDON SPOOR II CPAPreparerPersonNm
PTINP00047623PTIN
Phone7273437166PhoneNum
Preparation2016-09-08PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1LIFT ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerKIM KURUZOVICHPrincipalOfficerNm
Gross Receipts$1,075,297GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.LIFTACADEMY.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE PURPOSE OF LEARNING INDEPENDENCE FOR TOMORROW, INC. A.K.A. LIFT ACADEMY, IS EDUCATIONAL. THE SCHOOL'S MISSION IS TO PROVIDE CHALLENGING K-12 ACADEMICS WITH A STRONG CHRISTIAN FOUNDATION, WITHIN A SAFE INCLUSIVE SETTING FOR BOTH TRADITIONAL STUDENTS AS WELL AS THOSE WITH NEURODIVERSITIES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee32TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$37,242PYContributionsGrantsAmt
CY Contributions Grants$88,356CYContributionsGrantsAmt
PY Program Service Revenue$573,710PYProgramServiceRevenueAmt
CY Program Service Revenue$859,612CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$76,988PYOtherRevenueAmt
CY Other Revenue$127,329CYOtherRevenueAmt
PY Total Revenue$687,940PYTotalRevenueAmt
CY Total Revenue$1,075,297CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$424,461PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$618,823CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$131,799PYOtherExpensesAmt
CY Other Expenses$131,359CYOtherExpensesAmt
PY Total Expenses$556,260PYTotalExpensesAmt
CY Total Expenses$750,182CYTotalExpensesAmt
PY Revenues Less Expenses$131,680PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$325,115CYRevenuesLessExpensesAmt
Total Assets BOY$341,446TotalAssetsBOYAmt
Total Assets EOY$666,655TotalAssetsEOYAmt
Total Liabilities BOY$20,132TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,226TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$321,314NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$646,429NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PURPOSE OF LEARNING INDEPENDENCE FOR TOMORROW, INC. A.K.A. LIFT ACADEMY, IS EDUCATIONAL. THE SCHOOL'S MISSION IS TO PROVIDE CHALLENGING K-12 ACADEMICS WITH A STRONG CHRISTIAN FOUNDATION, WITHIN A SAFE INCLUSIVE SETTING FOR BOTH TRADITIONAL STUDENTS AS WELL AS THOSE WITH NEURODIVERSITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$734,825ExpenseAmt
DescTHE PURPOSE OF LEARNING INDEPENDENCE FOR TOMORROW, INC. A.K.A. LIFT ACADEMY, IS EDUCATIONAL. THE SCHOOL'S MISSION IS TO PROVIDE CHALLENGING K-12 ACADEMICS WITH A STRONG CHRISTIAN FOUNDATION, WITHIN A SAFE INCLUSIVE SETTING FOR BOTH TRADITIONAL STUDENTS AS WELL AS THOSE WITH NEURODIVERSITIES.Desc
Total Program Service Expenses$734,825TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
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 LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
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 OrganizationsfalseGrantsToOrganizationsInd
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 RequiredfalseScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee32EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKIM KURUZOVICHPersonNm
Phone7274348322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113400 PARK BLVDAddressLine1Txt
CitySEMINOLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33776ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KIM KURUZOVICH
EXECUTIVE DI40.00Yes (X)$46,346$0$0
KELI MONDELLO
CHAIRMAN OF5.00Yes (X)$0$0$0
DEBBIE KRAUJALIS WILLIAMSON
TREASURER2.50Yes (X)$0$0$0
MICHAEL MONDELLO
DIRECTOR2.50Yes (X)$0$0$0
LORIE FAULKNER
SECRETARY2.50Yes (X)$0$0$0
ELLIAD GRANGER
DIRECTOR2.50Yes (X)$0$0$0
MATTHEW RICH
DIRECTOR2.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$46,346TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$88,356GovernmentGrantsAmt
Total Contributions$88,356TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION$815,491$815,491
REGISTRATION FEES$23,137$23,137
BEFORE/AFTER SCHOOL CARE$15,941$15,941
FIELD TRIP & ACTIVITY FEES$5,043$5,043
FieldValueIRS element (for citing)
Total Program Service Revenue$859,612TotalProgramServiceRevenueAmt
Fundraising Gross Income$124,223FundraisingGrossIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$124,223TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMERCHANDISE INCOMEDesc
Total Revenue Column$3,106TotalRevenueColumnAmt
Related Or Exempt Func Income$3,106RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,106OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,075,297TotalRevenueColumnAmt
Related Or Exempt Func Income$862,718RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$46,346TotalAmt
Program Services$46,346ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$525,915TotalAmt
Program Services$525,915ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,233TotalAmt
Program Services$1,233ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$45,329TotalAmt
Program Services$45,329ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,265TotalAmt
Program Services$10,265ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,275TotalAmt
Program Services$4,275ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,439TotalAmt
Management And General$9,439ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,224TotalAmt
Program Services$3,224ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$54,489TotalAmt
Program Services$54,489ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,245TotalAmt
Management And General$4,245ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$13,612TotalAmt
Program Services$13,612ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CURRICULUM$13,083$13,083
SCHOOL SUPPLIES$8,969$8,969
STAFF DEVELOPMENT & TRAIN$2,254$2,254
MATERIALS AND SUPPLIES$2,013$2,013

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,491TotalAmt
Program Services$3,818ProgramServicesAmt
Management And General$1,673ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$750,182TotalAmt
Program Services$734,825ProgramServicesAmt
Management And General$15,357ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$340,446BOYAmt
EOY$665,655EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$1,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$341,446BOYAmt
EOY$666,655EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$18,202BOYAmt
EOY$16,416EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,930BOYAmt
EOY$3,810EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,132BOYAmt
EOY$20,226EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$321,314BOYAmt
EOY$626,429EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$20,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$321,314BOYAmt
EOY$646,429EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$341,446BOYAmt
EOY$666,655EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$325,115ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$3,810Amt
FieldValueIRS element (for citing)
Total Liability$3,810TotalLiabilityAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, LINE 3FormAndLineReferenceDesc
ExplanationPOLICY IS LOCATED ON THE WEBSITE AND PRINTED MATERIALS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FUNDRAISINGEvent1Nm
Gross Receipts Event1$124,223GrossReceiptsEvent1Amt
Gross Revenue Event1$124,223GrossRevenueEvent1Amt
Gross Receipts Total$124,223GrossReceiptsTotalAmt
Gross Revenue Total Events$124,223GrossRevenueTotalEventsAmt
Net Income Summary$124,223NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE PURPOSE OF LEARNING INDEPENDENCE FOR TOMORROW, INC. A.K.A. LIFT ACADEMY, IS EDUCATIONAL. THE SCHOOL'S MISSION IS TO PROVIDE CHALLENGING K-12 ACADEMICS WITH A STRONG CHRISTIAN FOUNDATION, WITHIN A SAFE INCLUSIVE SETTING FOR BOTH TRADITIONAL STUDENTS AS WELL AS THOSE WITH NEURODIVERSITIES.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC

Comments

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