2016-05-10T10:10:48-05:00 2015-06-30 591152714 BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC 8035 SPYGLASS HILL RD MELBOURNE FL 32940 990 2014-07-01 593401752 OKALOOSA ACADEMY INC OKAL 8503146571 101-A BUSINESS CENTRE DRIVE MIRAMAR BEACH FL 32550 JOAN HENDERSON SECRETARY 8503146571 2016-02-15 true JENNIFER RAY CPA P01058370 3217572020 2016-05-04 2014 2016-08-17 19:52:53Z THOMAS FRED CARRENDER 101-A BUSINESS CENTRE DRIVE MIRAMAR BEACH FL 32550 6072701 false X N/A X 1996 FL TO PROVIDE EDUCATIONAL SERVICES TO STUDENTS IN GRADES 6-12. 5 5 86 10 0 2212432 3723047 5679 9036 4500 1446066 3849 316118 2226460 5494267 0 0 1120798 1837495 0 0 1104173 2144199 2224971 3981694 1489 1512573 950463 2437213 41773 15950 908690 2421263 TO PROVIDE EDUCATIONAL SERVICES TO STUDENTS IN GRADES 6-12. false false 2263960 9036 PROVIDES EDUCATIONAL SERVICES TO HIGH-RISK STUDENTS IN GRADES 6-12. 2263960 true true false false false false false false false false true false false false true true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 9 0 true 86 true false false false false false false false false false false X 5 5 false true false false false false false true true false false true true true true true true true false false X TERRI ROBERTS 8506503984 101-A BUSINESS CENTRE DRIVE MIRAMAR BEACH FL 32550 X THOMAS FRED CARRENDER BOARD CHAIR 1.00 X X 0 0 0 JIMMY JAMES BOARD MEMBER 1.00 X 0 0 0 GREG GADDIS JR BOARD MEMBER 1.00 X 0 0 0 JOAN HENDERSON SECRETARY 1.00 X X 0 0 0 JERRY WHITE BOARD MEMBER 1.00 X 0 0 0 false false false 3723047 3723047 STUDENT LUNCHES 9036 9036 9036 2400 2400 2400 2400 2024500 578434 1446066 1446066 1446066 TITLE 1 286857 286857 MISCELLANEOUS REVENUE 26861 26861 313718 5494267 1768820 2400 X 1526687 1294528 232159 163316 135125 28191 147492 127332 20160 499539 20000 479539 10900 10900 524869 73256 451613 7815 7815 90537 32331 58206 210699 190210 20489 89336 89336 37766 35005 2761 545 545 187418 3470 183948 44364 19573 24791 REPAIRS & MAINTENANCE 114532 33062 81470 LOSS ON CAPITAL ASSET 107709 107709 FOOD 99782 99531 251 EQUIPMENT 59642 39025 20617 58746 53803 4943 3981694 2263960 1717734 0 217531 467839 759 774 11079 22301 13325 13116 2404866 471683 707769 1933183 950463 2437213 40406 14598 1367 1352 41773 15950 X 165667 464285 743023 1956978 908690 2421263 950463 2437213 1512573 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7126 7126 2085043 173031 1912012 27751 25488 2263 187730 177448 10282 97216 95716 1500 1933183 SHORT TERM NOTE PAYABLE 1352 1352 X 4048201 4048201 1446066 1446066 5494267 2535628 2535628 1446066 1446066 3981694 SCHEDULE D, PAGE 3, PART X THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE SCHOOL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE SCHOOL BELIEVES THAT ALL ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS ENDING BEFORE JUNE 30, 2012. SCHEDULE D, PAGE 4, PART XI, LINE 4B GAIN/LOSS ON PROPERTY EXCHANGE 1,446,066 SCHEDULE D, PAGE 4, PART XII, LINE 4B GAIN/LOSS ON PROPERTY EXCHANGE 1,446,066 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 POLICIES ARE PUBLISHED IN SCHOOL HANDBOOKS. SCHEDULE E, LINE 6 FUNDING IS PROVIDED BY OKALOOSA DISTRICT SCHOOL BOARD, THE U.S. DEPARTMENT OF EDUCATION, AND THE FLORIDA DEPARTMENT OF EDUCATION. FORM 990, PAGE 6, PART VI, LINE 3 THE BOARD OF DIRECTORS HAS DELEGATED CERTAIN ADMINISTRATIVE FUNCTIONS OF MANAGEMENT TO THE RADER GROUP. THE BOARD OF DIRECTORS CONTINUES TO BE VESTED WITH ULTIMATE MANAGERIAL CONTROL ON ALL MATTERS INVOLVING THE SCHOOL. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF THE FROM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING THE FINAL COPY WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ALL PURCHASES REQUIRE AUTHORIZATION FROM BOTH THE DIRECTOR AND THE CFO, WHICH INCLUDES A REVIEW OF ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS SUBJECT TO THE APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES 73,256 451,613 0 FORM 990, PART XI, LINE 9 GAIN/LOSS ON PROPERTY EXCHANGE -1,446,066 GAIN/LOSS ON PROPERTY EXCHANGE 1,446,066