2026-02-17T08:55:59-06:00 2025-06-30 593023516 BKHM PA 1900 SUMMIT TOWER BLVD STE 170 ORLANDO FL 32810 990 2024-07-01 593472268 SPRING CREEK CHARTER SCHOOL INC SPRI 3526693275 44440 SPRING CREEK ROAD PAISLEY FL 327679063 BOBBY TROUT PRESIDENT 3526693275 2026-02-17 1 0 GEORGE KYLAN MCNEMAR P01775038 4079989000 2024 2025-03-06 01:10:19Z BOBBY TROUT 44440 SPRING CREEK ROAD PAISLEY FL 327679063 7533806 0 X N/A X 1997 FL TO PRODUCE A STRONG ACADEMIC STUDENT WITH GOOD JUDGEMENT, DISCIPLINE AND DRIVE. 6 6 106 205 0 0 883610 658913 6664147 6736507 6415 7004 122739 131382 7676911 7533806 0 0 0 0 4721633 6144580 0 0 0 2360774 2338100 7082407 8482680 594504 -948874 5892329 4982589 6422847 6461981 -530518 -1479392 TO IMPROVE STUDENTS' LEARNING WITH THE USE OF DIFFERENT AND INNOVATIVE LEARNING METHODS, INCREASING THE CHOICE OF LEARNING OPPORTUNITIES, AND ESTABLISHING A NEW FORM OF ACCOUNTABILITY FOR SCHOOLS. 0 0 7059041 6867889 THE CHARTER SCHOOL PROVIDES AN EDUCATIONAL PROGRAM TO STUDENTS THAT FOCUSES ON A TEACHING LEARNING CYCLE THAT WAS DEVELOPED BY THE SCHOOL. THE TEACHING LEARNING CYCLE IS AN OUTLINE OF METHODS WHICH COVERS ALL PROCESSES NECESSARY FOR HIGH ACHIEVEMENTS. APPROXIMATELY 568 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDED JUNE 30, 2025. 7059041 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 106 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KRISTIE NEVERETT 3526693881 44440 SPRING CREEK ROAD PAISLEY FL 32767 BOBBY TROUT PRESIDENT 0.50 X X 0 0 0 DELORES DEEN VICE PRESIDENT 0.50 X 0 0 0 RALPH LENGEMANN SECRETARY 0.50 X 0 0 0 JAMIE HANE BOARD MEMBER 0.50 X 0 0 0 SHAWN MCNEW BOARD MEMBER 0.50 X 0 0 0 ELISE RAINEY BOARD MEMBER 0.50 X 0 0 0 ROBERT CURRY BOARD MEMBER 0.50 X 0 0 0 WESLEY LOCKE PRINCIPAL 40.00 X 111621 0 8457 111621 0 8457 1 0 0 0 0 658913 658913 PER PUPIL FEES 900099 6600922 6600922 STUDENT ACTIVITIES 900099 135585 135585 6736507 7004 7004 MISCELLANEOUS REVENUE 900099 131382 131382 131382 7533806 6867889 0 7004 120078 98464 21614 4233168 3471198 761970 1081922 887176 194746 423866 347570 76296 285546 234148 51398 102163 83774 18389 735960 603487 132473 16105 13206 2899 50553 41453 9100 6724 5514 1210 11496 10921 575 55354 45390 9964 250161 205132 45029 102847 84335 18512 OTHER PURCHASED SERVICE 266131 266131 MISCELLANEOUS EXPENSES 189689 155545 34144 ENERGY SERVICES 161845 161845 TEXTBOOKS AND WORKBOOKS 112299 78609 33690 276773 265143 11630 8482680 7059041 1423639 0 526069 437584 383578 293121 159425 95898 49434 49434 2299409 1212863 1280228 1086546 3493595 3020006 5892329 4982589 575347 810806 492147 366322 500000 341671 4855353 4943182 6422847 6461981 X -867032 -1853607 336514 374215 -530518 -1479392 5892329 4982589 -948874 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 818574 118141 700433 522484 337759 184725 958351 756963 201388 1086546 FRS DEFERRED OUTFLOWS 2137752 HIS DEFERRED OUTFLOWS 882254 3020006 COMPENSATED ABSENCES PAYABLE 358748 DUE TO LAKE COUNTY 18484 HIS DEFERRED INFLOWS 187943 FRS PENSION LIABILITY 2644714 HIS PENSION LIABILITY 1557512 FRS DEFERRED INFLOWS 175781 4943182 X 7636164 102358 102358 7533806 0 7533806 8585038 102358 102358 8482680 0 8482680 PART X, LINE 2: THE SCHOOL 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 SCHOOL 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 SCHOOL 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 SCHOOL 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 SCHOOL'S FINANCIAL STATEMENTS, AS THE SCHOOL 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH ADMIN FEES 102,358. PART XII, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH ADMIN FEES 102,358. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, NEWSLETTERS, LOCAL NEIGHBORHOOD EVENTS, NEWSPAPERS, OPEN HOUSES, WEBSITES AND/OR VIDEOS. SCHEDULE E, PART I, LINE 6 REVENUES ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCE PROGRAM. THE AMOUNT RECEIVED IS BASED ON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WAS PROVIDED A COPY OF FORM 990 FOR THEIR DETAIL REVIEW PRIOR TO FILING. THE PRINCIPAL, ASSISTANT DIRECTOR OF FINANCE, AND THE CHARTER BOARD OF DIRECTORS REVIEW THE RETURN PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AT EACH BOARD MEETING. THE MEETINGS ARE REVIEWED, AND ANY CONFLICTS DISCUSSED WITH THE BOARD PRESIDENT, AS PART OF THE AUDIT PROCESS. NEW OFFICERS AND DIRECTORS ARE MADE AWARE OF THE POLICY UPON APPOINTMENT. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF ALL EMPLOYEES ARE SET BY THE SCHOOL BOARD OF LAKE COUNTY, AND ANY CHANGE IN COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE SCHOOL BOARD OF LAKE COUNTY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.