LAKE WALES CHARTER SCHOOLS: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: LAKE WALES CHARTER SCHOOLS (EIN 06-1667879)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2016-03-04
IRS object ID: 201600649349300820
Schema version: 2014v6.0
Note: A later return for the same period supersedes this one.
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-03-04T13:20:50-06:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	593023516	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BKHM PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1560 ORANGE AVENUE SUITE 600	AddressLine1Txt
City	WINTER PARK	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32789	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	061667879	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LAKE WALES CHARTER SCHOOLS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LAKE	BusinessNameControlTxt
Phone	8636796560	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 E CENTRAL AVENUE	AddressLine1Txt
City	LAKE WALES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33853	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRIAN FISHER	PersonNm
Person Title	TREASURER/CFO	PersonTitleTxt
Phone	8636796560	PhoneNum
Signature	2016-03-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KURT R KUEHNHACKL	PreparerPersonNm
PTIN	P01407673	PTIN
Phone	4079989000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Amended Return	Yes (X)	AmendedReturnInd
Principal Officer	BRIAN FISHER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 E CENTRAL AVE	AddressLine1Txt
City	LAKE WALES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33853	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$33,827,582	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	PROVIDE A COORDINATED, SEEMLESS SYSTEM FOR KINDERGARTEN THROUGH POST-SECONDARY INSTITUTIONS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	623	TotalEmployeeCnt
Total Volunteers	500	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$5,288,233	PYContributionsGrantsAmt
CY Contributions Grants	$5,353,415	CYContributionsGrantsAmt
PY Program Service Revenue	$27,337,616	PYProgramServiceRevenueAmt
CY Program Service Revenue	$28,177,627	CYProgramServiceRevenueAmt
PY Investment Income	$4,166	PYInvestmentIncomeAmt
CY Investment Income	$2,791	CYInvestmentIncomeAmt
PY Other Revenue	$167,742	PYOtherRevenueAmt
CY Other Revenue	$293,749	CYOtherRevenueAmt
PY Total Revenue	$32,797,757	PYTotalRevenueAmt
CY Total Revenue	$33,827,582	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$22,680,165	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$22,478,017	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$9,779,440	PYOtherExpensesAmt
CY Other Expenses	$10,105,842	CYOtherExpensesAmt
PY Total Expenses	$32,459,605	PYTotalExpensesAmt
CY Total Expenses	$32,583,859	CYTotalExpensesAmt
PY Revenues Less Expenses	$338,152	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,243,723	CYRevenuesLessExpensesAmt
Total Assets BOY	$12,813,383	TotalAssetsBOYAmt
Total Assets EOY	$15,445,651	TotalAssetsEOYAmt
Total Liabilities BOY	$7,844,113	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$19,128,547	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,969,270	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$3,682,896	NetAssetsOrFundBalancesEOYAmt
Mission	TO BRING THE BEST OF PUBLIC EDUCATION TO OUR COMMUNITY BY PROVIDING INNOVATION AND CHOICE WITHIN A CONTINUOUS PRE-SCHOOL THROUGH POST SECONDARY CURRICULUM SO THAT EACH CHILD RECOGNIZES THE BENEFITS OF LIFE-LONG LEARNING, CONSTRUCTIVE CITIZENSHIP AND PERSONAL HAPPINESS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$27,926,909	ExpenseAmt
Revenue	$28,471,376	RevenueAmt
Desc	THE CURRICULUM WILL INCLUDE A CHOICE OF CAREER PATHS AND OTHER EDUCATIONAL OPPORTUNITIES THAT BENEFIT FROM PARTNERSHIPS WITH LOCAL BUSINESSES PROVIDING SUPPORT AND MENTORING. THE SCHOOLS SERVED AN AVERAGE OF 4,106 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2015.	Desc
Total Program Service Expenses	$27,926,909	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	52	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	623	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRIAN FISHER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8636796560	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 E CENTRAL AVE	AddressLine1Txt
City	LAKE WALES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33853	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DANNY GILL
CHAIRMAN	5.00	1.00	Yes (X)	Yes (X)	$0	$0	$0
TERRY FASEL
VICE-CHAIR	2.00		Yes (X)	Yes (X)	$0	$0	$0
EUGENE FULTZ
TRUSTEE	2.00		Yes (X)		$0	$0	$0
CHERYL GARNETT
TRUSTEE	2.00		Yes (X)		$0	$0	$0
CHRISTINA UPDIKE
TRUSTEE	2.00		Yes (X)		$0	$0	$0
JIMMY NELSON
TRUSTEE	2.00		Yes (X)		$0	$0	$0
KEITH WADSWORTH
TRUSTEE	2.00		Yes (X)		$0	$0	$0
KIM GRIFFITHS
TRUSTEE	2.00		Yes (X)		$0	$0	$0
BRIAN FISHER
TREASURER/CFO	40.00	2.00		Yes (X)	$104,756	$0	$15,180
JESSE JACKSON
SUPERINTENDENT OF SCHOOLS	40.00	5.00		Yes (X)	$126,910	$0	$16,761
DONNA DUNSON
PRINCIPAL	40.00			Yes (X)	$119,475	$0	$18,092
MARY CHERRINGTON-GRAY
SECRETARY/EXEC. ASST. TO SUPERINTENDENT	40.00	2.00		Yes (X)	$49,397	$0	$11,645

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$400,538	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$61,678	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SLA MANAGEMENT
3217 CORRINE DRIVE	ORLANDO	FL	32803	FOOD SERVICES	$2,161,134
CLEANING MANAGEMENT SOLUTIONS
5811 SAWYER ROAD	LAKELAND	FL	33810	CLEANING SERVICES	$388,530
DATA INTEGRITY SERVICES INC
1003 SOUTH FLORIDA AVENUE	LAKELAND	FL	33803	SOFTWARE AND NETWORK SERVICES	$317,565
E&A CLEANING
529 WEST BRANNEN ROAD	LAKELAND	FL	33813	CLEANING SERVICES	$135,350
OUR CHILDREN REHAB CENTER
150 AVENUE B SE	WINTER HAVEN	FL	33880	STUDENT THERAPY SERVICES	$119,160

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	18	CntrctRcvdGreaterThan100KCnt
Related Organizations	$447,841	RelatedOrganizationsAmt
Government Grants	$4,895,367	GovernmentGrantsAmt
All Other Contributions	$10,207	AllOtherContributionsAmt
Total Contributions	$5,353,415	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PER PUPIL FEES	900099	$26,434,493	$26,434,493
STUDENT ACTIVITIES	900099	$1,211,811	$1,211,811
PRE-K FEES	900099	$395,791	$395,791
TRANSPORTATION	900099	$135,532	$135,532

Field	Value	IRS element (for citing)
Total Program Service Revenue	$28,177,627	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,791	TotalRevenueColumnAmt
Exclusion	$2,791	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$293,749	TotalRevenueColumnAmt
Related Or Exempt Func Income	$293,749	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$293,749	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$33,827,582	TotalRevenueColumnAmt
Related Or Exempt Func Income	$28,471,376	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,791	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$473,990	TotalAmt
Program Services	$236,995	ProgramServicesAmt
Management And General	$236,995	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$17,281,134	TotalAmt
Program Services	$14,688,964	ProgramServicesAmt
Management And General	$2,592,170	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$758,655	TotalAmt
Program Services	$644,857	ProgramServicesAmt
Management And General	$113,798	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,695,330	TotalAmt
Program Services	$2,291,030	ProgramServicesAmt
Management And General	$404,300	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,268,908	TotalAmt
Program Services	$1,078,572	ProgramServicesAmt
Management And General	$190,336	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$46,627	TotalAmt
Program Services	$39,633	ProgramServicesAmt
Management And General	$6,994	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$96,750	TotalAmt
Program Services	$82,238	ProgramServicesAmt
Management And General	$14,512	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,105,793	TotalAmt
Program Services	$939,924	ProgramServicesAmt
Management And General	$165,869	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$785,905	TotalAmt
Program Services	$668,019	ProgramServicesAmt
Management And General	$117,886	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$855,479	TotalAmt
Program Services	$727,157	ProgramServicesAmt
Management And General	$128,322	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$199,782	TotalAmt
Program Services	$169,815	ProgramServicesAmt
Management And General	$29,967	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$179,909	TotalAmt
Program Services	$152,923	ProgramServicesAmt
Management And General	$26,986	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$715,265	TotalAmt
Program Services	$707,206	ProgramServicesAmt
Management And General	$8,059	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$519,306	TotalAmt
Program Services	$441,410	ProgramServicesAmt
Management And General	$77,896	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
CATERING EXPENSES	$2,130,501	$1,810,926	$319,575
EQUIPMENT RENTAL & MAIN	$1,663,611	$1,663,611
OTHER EXPENSES	$920,900	$782,764	$138,136
MEDIA EXPENSE	$347,001	$294,951	$52,050

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$539,013	TotalAmt
Program Services	$505,914	ProgramServicesAmt
Management And General	$33,099	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$32,583,859	TotalAmt
Program Services	$27,926,909	ProgramServicesAmt
Management And General	$4,656,950	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,897,412	BOYAmt
EOY	$4,598,626	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$2,000,658	BOYAmt
EOY	$2,002,659	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$744,283	BOYAmt
EOY	$794,279	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$86,134	BOYAmt
EOY	$210,453	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$11,546,955	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,848,678	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$6,084,896	BOYAmt
EOY	$5,698,277	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$2,141,357	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,813,383	BOYAmt
EOY	$15,445,651	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,806,653	BOYAmt
EOY	$1,961,085	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$13,568	BOYAmt
EOY	$9,889	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$5,244,040	BOYAmt
EOY	$4,859,019	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$779,852	BOYAmt
EOY	$12,298,554	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,844,113	BOYAmt
EOY	$19,128,547	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$4,969,270	BOYAmt
EOY	-$3,682,896	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,969,270	BOYAmt
EOY	-$3,682,896	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,813,383	BOYAmt
EOY	$15,445,651	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,243,723	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	-$9,895,889	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$707,882	OtherCostOrOtherBasisAmt
Book Value	$707,882	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,406,080	OtherCostOrOtherBasisAmt
Depreciation	$956,592	DepreciationAmt
Book Value	$3,449,488	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$369,345	OtherCostOrOtherBasisAmt
Depreciation	$39,724	DepreciationAmt
Book Value	$329,621	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,714,735	OtherCostOrOtherBasisAmt
Depreciation	$3,374,859	DepreciationAmt
Book Value	$339,876	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,348,913	OtherCostOrOtherBasisAmt
Depreciation	$1,477,503	DepreciationAmt
Book Value	$871,410	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$5,698,277	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
FRS DEFERRED OUTFLOWS	$1,559,711
HIS DEFERRED OUTFLOWS	$581,646

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$2,141,357	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
COMPENSATED ABSENCE PAYABLE	$771,258
FRS DEFERRED INFLOWS	$4,076,284
HIS DEFERRED INFLOWS	$4,200
FRS PENSION LIABILITY	$2,323,370
HIS PENSION LIABILITY	$5,123,442

Field	Value	IRS element (for citing)
Total Liability	$12,298,554	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$33,986,053	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$158,471	OtherRevenueAmt
Revenue Not Reported	$158,471	RevenueNotReportedAmt
Revenue Subtotal	$33,827,582	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$33,827,582	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$32,742,330	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$158,471	OtherExpensesIncludedAmt
Expenses Not Reported	$158,471	ExpensesNotReportedAmt
Expenses Subtotal	$32,583,859	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$32,583,859	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE COMPANY IS AN ORGANIZATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COMPANY HAS ADOPTED GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. THIS GUIDANCE IS APPLICABLE TO NOT-FOR-PROFIT ORGANIZATIONS THAT MAY BE CONDUCTING UNRELATED BUSINESS ACTIVITIES, WHICH ARE POTENTIALLY SUBJECT TO INCOME TAXES, INCLUDING STATE INCOME TAXES. THE COMPANY ASSESSES ITS INCOME TAX POSITIONS, INCLUDING ITS CONTINUING TAX STATUS AS A NOT-FOR-PROFIT ENTITY, AND RECOGNIZES TAX BENEFITS ONLY TO THE EXTENT THAT THE COMPANY BELIEVES IT IS "MORE LIKELY THAN NOT" THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON AN EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR THE APPLICABLE STATE TAXING AUTHORITY. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL INCOME TAXES IN THE COMPANY'S FINANCIAL STATEMENTS, AS THE COMPANY BELIEVES ALL TAX POSITIONS, INCLUDING ITS CONTINUING STATUS AS A NOT-FOR-PROFIT ENTITY, HAVE A GREATER THAN 50% CHANCE OF REALIZATION IN THE EVENT OF AN IRS AUDIT. STATE INCOME TAXES, WHICH MAY BE DUE IN CERTAIN JURISDICTIONS, HAVE BEEN ASSESSED FOLLOWING THE SAME "MORE LIKELY THAN NOT" MEASUREMENT THRESHOLD. WITH FEW EXCEPTIONS, THE COMPANY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	PASSTHROUGH ADMIN FEE 158,471.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	PASSTHROUGH ADMIN FEE 158,471.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH VARIOUS MEANS, INCLUDING NEWSPAPERS, GROUP PRESENTATIONS, AND DIRECT MAILINGS.

SCHEDULE E, PART I, LINE 6

REVENUES ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCE PROGRAM AND CAPITAL OUTLAY PROGRAM. THE AMOUNT RECEIVED IS BASED ON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD. THE ORGANIZATION RECEIVES FEDERAL AWARDS FOR THE ENHANCEMENT OF VARIOUS EDUCATIONAL PROGRAMS. THIS ASSISTANCE IS GENERALLY RECEIVED BASED ON APPLICATIONS SUBMITTED TO AND APPROVED BY VARIOUS GRANTING AGENCIES. FOR FEDERAL AWARDS IN WHICH A CLAIM TO THESE GRANT PROCEEDS IS BASED ON INCURRING ELIGIBLE EXPENDITURES, REVENUE IS RECOGNIZED TO THE EXTENT THAT ELIGIBLE EXPENDITURES HAVE BEEN INCURRED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	A COPY OF FORM 990 IS SHARED WITH THE AUDIT/FINANCE COMMITTEE, WHICH IS ALSO PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE FORM 990 IS REVIEWED BY THE CFO OF THE ORGANIZATION PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C	AT THE MONTHLY CHARTER BOARD MEETINGS, EACH MEMBER IS REQUIRED TO MAKE KNOWN ANY CONFLICT OF INTEREST. ANY MEMBER WITH A KNOWN CONFLICT OF INTEREST IS REQUIRED TO REFRAIN FROM VOTING ON ANY OF THE ORGANIZATION'S MATTERS.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION AND EMPLOYMENT CONTRACTS ARE NEGOTIATED WITH THE BOARD OF TRUSTEES. AS GUIDANCE, THE ORGANIZATION HAS USED COMPARABLE DATA FROM ITS CHARTER SPONSOR AND OTHER STATE RESOURCES IN DETERMINING COMPENSATION FOR KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE ORGANIZATIONS WEBSITE AND AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST AND CONTAINED IN THE EMPLOYEE HANDBOOK AND BOARD APPROVED RESOLUTION. THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND THROUGH THE BOARD MINUTES ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART XI, LINE 1	THE ORGANIZATION USES THE MODIFIED ACCRUAL METHOD OF ACCOUNTING.
FORM 990, PART XI, LINE 8	LAKE WALES CHARTER SCHOOLS ADOPTED GASB STATEMENT NO. 68, ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS - AN AMENDMENT OF GASB STATEMENT NO. 27, AND GASB STATEMENT NO. 71, PENSION TRANSITION FOR CONTRIBUTIONS MADE SUBSEQUENT TO THE MEASUREMENT DATE - AN AMENDMENT OF GASB STATEMENT NO. 68, WHICH REVISED AND ESTABLISHED NEW FINANCIAL REPORTING REQUIREMENTS FOR MOST GOVERNMENTS THAT PROVIDE THEIR EMPLOYEES WITH PENSION BENEFITS. THE EFFECT OF THIS CHANGE WAS A PRIOR PERIOD ADJUSTMENT TO RETROACTIVELY RESTATE NET ASSETS IN THE AMOUNT OF $(9,895,889), COMPRISED OF $(5,525,865) AND $(4,370,024) IN PENSION LIABILITIES FOR THE FLORIDA RETIREMENT SYSTEM AND THE RETIREE HEALTH INSURANCE SUBSIDY PROGRAM RESPECTIVELY.
FORM 990, PART II, SIGNATURE BLOCK	THE PREPARER'S NAME ON THE 990 PREVIOUSLY FILED FOR LAKE WALES CHARTER SCHOOLS, INC. DID NOT REFLECT THE CORRECT PREPARER, INCLUDING THE NAME AND PTIN NUMBER. THE 990 IS BEING AMENDED TO REFLECT THE CORRECT PREPARER INFORMATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LAKE WALES CHARTER SCHOOL FOUNDATION INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 E CENTRAL AVE	AddressLine1Txt
City	LAKE WALES	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33853	ZIPCd

Field	Value	IRS element (for citing)
EIN	113735254	EIN
Primary Activities	SUPPORTING THE LAKE WALES CHARTER SCHOOLS, INC.	PrimaryActivitiesTxt
Legal Domicile State	FL	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	509(A)(3)	PublicCharityStatusTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	LAKE WALES CHARTER SCHOOLS FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	C	TransactionTypeTxt
Involved	$447,841	InvolvedAmt
Method Of Amount Determination	CASH	MethodOfAmountDeterminationTxt