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UNIVERSITY PREPARATORY ACADEMY PALM BEACH INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY PREPARATORY ACADEMY PALM BEACH INC (EIN 81-3361336)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-02-04
IRS object ID
202540359349301204
Schema version
2023v6.0
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)
Return2025-02-04T08:58:49-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

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 Line14000 PONCE DE LEON BLVD SUITE 610AddressLine1Txt
CityCORAL GABLESCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33146ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813361336EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY PREPARATORY ACADEMY PALMBusinessNameLine1Txt
Business Name Line2BEACH INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlUNIVBusinessNameControlTxt
Phone5616701138PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12101 NORTH AUSTRALIAN AVENUEAddressLine1Txt
CityWEST PALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33407ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE GROEZINGERPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone5616701138PhoneNum
Signature2025-02-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLEONARDO D GRAVIERPreparerPersonNm
PTINP00368983PTIN
Phone3054463022PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGEORGE GROEZINGERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12101 NORTH AUSTRALIAN AVENUEAddressLine1Txt
CityWEST PALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33407ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,700,296GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PALMBEACH.UPAFLORIDA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE MISSION OF UNIVERSITY PREPARATORY ACADEMY PALM BEACH INC. IS TO PROVIDE STUDENTS WITH THE ACADEMIC, LEADERSHIP AND SOCIAL SKILLS THAT WILL ENABLE THEM TO ATTEND AND GRUADUATE FROM AN INSTITUTION OF HIGHER EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers179TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,453,962PYContributionsGrantsAmt
CY Contributions Grants$4,483,380CYContributionsGrantsAmt
PY Program Service Revenue$29,580PYProgramServiceRevenueAmt
CY Program Service Revenue$33,646CYProgramServiceRevenueAmt
PY Investment Income$8,449PYInvestmentIncomeAmt
CY Investment Income$164,820CYInvestmentIncomeAmt
PY Other Revenue$14,850PYOtherRevenueAmt
CY Other Revenue$18,450CYOtherRevenueAmt
PY Total Revenue$3,506,841PYTotalRevenueAmt
CY Total Revenue$4,700,296CYTotalRevenueAmt
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$2,123,664PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,780,303CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,899,884PYOtherExpensesAmt
CY Other Expenses$2,000,412CYOtherExpensesAmt
PY Total Expenses$4,023,548PYTotalExpensesAmt
CY Total Expenses$3,780,715CYTotalExpensesAmt
PY Revenues Less Expenses-$516,707PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$919,581CYRevenuesLessExpensesAmt
Total Assets BOY$5,227,559TotalAssetsBOYAmt
Total Assets EOY$5,941,688TotalAssetsEOYAmt
Total Liabilities BOY$5,419,107TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,213,655TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$191,548NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$728,033NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF UNIVERSITY PREPARATORY ACADEMY PALM BEACH INC. IS TO PROVIDE STUDENTS WITH THE ACADEMIC, LEADERSHIP AND SOCIAL SKILLS THAT WILL ENABLE THEM TO ATTEND AND GRADUATE FROM AN INSTITUTION OF HIGHER EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,297,155ExpenseAmt
Revenue$216,916RevenueAmt
DescTHE SCHOOL PROVIDES EDUCATION FOR CHILDREN FROM KINDERGARTENTHROUGH EIGHTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2024, APPROXIMATELY 278 STUDENTS WERE ENROLLED.Desc
Total Program Service Expenses$3,297,155TotalProgramServiceExpensesAmt
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
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
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 Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee48EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANA MARIA MARTINEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3056692906PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16340 SUNSET DRIVEAddressLine1Txt
CityMIAMICityNm
State AbbreviationFLStateAbbreviationCd
ZIP33143ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ANTHONY POLAZZI
DIRECTOR2.00Yes (X)$0$0$0
DARYLL COBB
DIRECTOR2.00Yes (X)$0$0$0
CASEY MOYE
DIRECTOR2.00Yes (X)$0$0$0
JENNIFER PORTER-SMITH
DIRECTOR2.00Yes (X)$0$0$0
GEORGE GROEZINGER
BOARD CHAIR, PRESIDENT, DIRECTOR2.00Yes (X)$0$0$0Yes (X)
MELISSA KLAFTER
DIRECTOR2.00Yes (X)$0$0$0
DR MICHAEL HILL
PRINCIPAL40.00$142,442$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$142,442TotalReportableCompFromOrgAmt
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 (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ADP TOTAL SOURCE
10200 SUNSET DRMIAMIFL33173EMPLOYEE LEASING$1,987,992
BUILDING HOPE AUSTRALIAN LLC
1776 EYE STREETWASHINGTONDC20006FACILITY LEASING$482,880
ACADEMICA BROWARD LLC
6340 SUNSET DRIVEMIAMIFL33143EDUCATION SERVICE PROVIDER$108,281
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$4,483,380GovernmentGrantsAmt
Total Contributions$4,483,380TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES: COMMUNITY SERVIC611710$28,646$28,646
FEES: USAGE FEE611710$5,000$5,000
FieldValueIRS element (for citing)
Total Program Service Revenue$33,646TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$164,820TotalRevenueColumnAmt
Related Or Exempt Func Income$164,820RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
E-RATE REBATES611710$14,030$14,030
ADJUSTMENTS & ALLOCATI611710$4,420$4,420
FieldValueIRS element (for citing)
Other Revenue Total$18,450OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,700,296TotalRevenueColumnAmt
Related Or Exempt Func Income$216,916RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,494,213TotalAmt
Program Services$1,225,974ProgramServicesAmt
Management And General$268,239ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$10,713TotalAmt
Program Services$10,713ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$275,377TotalAmt
Program Services$233,969ProgramServicesAmt
Management And General$41,408ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$125,100TotalAmt
Program Services$83,400ProgramServicesAmt
Management And General$41,700ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,000TotalAmt
Management And General$25,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$287,235TotalAmt
Program Services$285,121ProgramServicesAmt
Management And General$2,114ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,744TotalAmt
Program Services$4,744ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$625,532TotalAmt
Program Services$625,532ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,378TotalAmt
Program Services$1,378ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$49,658TotalAmt
Program Services$49,658ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$103,481TotalAmt
Program Services$103,481ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PUBLIC UTILITY SERVICE$141,988$141,988$0
REPAIRS AND MAINTENANCE$112,305$112,305$0
ADMINISTRATIVE OVERHEAD$101,326$0$101,326
OTHER PURCHASED SERVICE$75,199$75,199$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$347,466TotalAmt
Program Services$343,693ProgramServicesAmt
Management And General$3,773ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,780,715TotalAmt
Program Services$3,297,155ProgramServicesAmt
Management And General$483,560ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$275,942BOYAmt
EOY$264,658EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$42,000BOYAmt
EOY$884,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,500BOYAmt
EOY$19,152EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$426,716LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$287,831LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$188,543BOYAmt
EOY$138,885EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,715,574BOYAmt
EOY$4,634,993EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,227,559BOYAmt
EOY$5,941,688EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$224,816BOYAmt
EOY$257,604EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$300,000BOYAmt
EOY$300,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,894,291BOYAmt
EOY$4,656,051EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,419,107BOYAmt
EOY$5,213,655EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$191,548BOYAmt
EOY$728,033EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$191,548BOYAmt
EOY$728,033EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,227,559BOYAmt
EOY$5,941,688EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$919,581ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$200,023OtherCostOrOtherBasisAmt
Depreciation$114,556DepreciationAmt
Book Value$85,467BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$137,637OtherCostOrOtherBasisAmt
Depreciation$109,648DepreciationAmt
Book Value$27,989BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$89,056OtherCostOrOtherBasisAmt
Depreciation$63,627DepreciationAmt
Book Value$25,429BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$138,885TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$60,000
DUE FROM OTHER GOVERNMENT AGENCIES$402,986
RIGHT OF USE LEASE ASSET$4,172,007
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,634,993TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE LEASE LIABILITYDesc
Amt$4,656,051Amt
FieldValueIRS element (for citing)
Total Liability$4,656,051TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$4,700,296TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,700,296RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,700,296TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,780,715TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,780,715ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,780,715TotalExpensesPerForm990Amt

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 3A NON-DISCRIMINATORY STATEMENT IS INCLUDED IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES A NON-DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS PUBLISHED EACH YEAR, FOR THE LUNCH PROGRAM ON LOCAL NEWSPAPERS AND TV STATIONS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENTS.
SCHEDULE E, PART I, LINE 6THE SCHOOLS MAY RECEIVE SUPPORT FROM FEDERAL, STATE, AND COUNTY GRANTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ACADEMICA BROWARD LLC, AN EDUCATIONAL SERVICE AND SUPPORT PROVIDER, PROVIDES PROFESSIONAL SERVICES AND RELATED SUPPORT TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, ACADEMIC SUPPORT, FACILITY DEVELOPMENT AND COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP, BOOKKEEPING AND ACCOUNTING, BUDGETING, FINANCIAL REPORTING, AND VIRTUAL EDUCATION SERVICES.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION REVIEWS THE CONTENTS OF THE FORM 990 BEFORE SUBMITTING 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 15DURING THE DETERMINATION OF COMPENSATION OF OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND 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.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION HAS NOT CHANGED ITS OVERSHIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONUNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. 2101 NORTH AUSTRALIAN AVENUE WEST PALM BEACH, FL 33407 EMPLOYER IDENTIFICATION NUMBER: 81-3361336 FOR THE YEAR ENDING JUNE 30TH, 2024 UNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
SECTION 1.263(A)-3(N) ELECTIONUNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. 2101 NORTH AUSTRALIAN AVENUE WEST PALM BEACH, FL 33407 EMPLOYER IDENTIFICATION NUMBER: 81-3361336 FOR THE YEAR ENDING JUNE 30TH, 2024 UNIVERSITY PREPARATORY ACADEMY PALM BEACH, INC. IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).

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