INDIAN RIVER EDUCATION FUND: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
INDIAN RIVER EDUCATION FUND (EIN 99-3295000)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-13
IRS object ID
202601339349301885
Schema version
2024v5.5
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)
Return2026-05-13T08:20:28-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461585527PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1OFFUTT BARTON SCHLITT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1570 BEACHLAND BLVDAddressLine1Txt
CityVERO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32963ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN993295000EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE INDIAN RIVER EDUCATION FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDIBusinessNameControlTxt
Phone7725643150PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16500 57TH STREETAddressLine1Txt
CityVERO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32967ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATT RUNDELSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7725643150PhoneNum
Signature2026-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM F SCHLITTPreparerPersonNm
PTINP00854938PTIN
Phone7722312100PhoneNum
Preparation2026-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIAM PENNEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16500 57TH STREETAddressLine1Txt
CityVERO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32967ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$911,969GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.INDIANRIVERSCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2024FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE INDIAN RIVER EDUCATION FUND BRINGS TOGETHER CIVIC AND CORPORATE LEADERS TO SUPPORT INNOVATION, STRENGTHEN PUBLIC SCHOOLS, AND ALIGN COMMUNITY INVESTMENT WITH DISTRICT PRIORITIES.OUR VISION IS TO MAKE SDIRC THE BEST CHOICE FOR EDUCATION IN INDIAN RIVER COUNTY.THE INDIAN RIVER EDUCATION FUND WAS CREATED AT A MOMENT OF BOTH ACHIEVEMENT AND CHANGE FOR PUBLIC EDUCATION IN INDIAN RIVER COUNTY. AS THE DISTRICT HAS STRENGTHENED ITS PERFORMANCE, THE EDUCATIONAL LANDSCAPE HAS ALSO BECOME MORE COMPETITIVE, WITH FAMILIES HAVING MORE CHOICES THAN EVER BEFORE. THE FUND WAS ESTABLISHED TO HELP SUSTAIN DISTRICT MOMENTUM, SUPPORT INNOVATION, AND ALIGN PRIVATE-SECTOR INVESTMENT WITH DISTRICT PRIORITIES. TODAY, ITS STRATEGIC DIRECTION IS CENTERED ON TWO CORE FOCUS AREAS, LEADERSHIP AND INNOVATION, WITH THE GOAL OF ACCELERATING SCHOOL IMPROVEMENT AND IMPROVING STUDENT OUTCOMES.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$244,472PYContributionsGrantsAmt
CY Contributions Grants$911,813CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$156CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$244,472PYTotalRevenueAmt
CY Total Revenue$911,969CYTotalRevenueAmt
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$18,631PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$161,658CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$8,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$50,241CYTotalFundraisingExpenseAmt
PY Other Expenses$2,564PYOtherExpensesAmt
CY Other Expenses$643,426CYOtherExpensesAmt
PY Total Expenses$21,195PYTotalExpensesAmt
CY Total Expenses$813,084CYTotalExpensesAmt
PY Revenues Less Expenses$223,277PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$98,885CYRevenuesLessExpensesAmt
Total Assets BOY$223,277TotalAssetsBOYAmt
Total Assets EOY$322,162TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$223,277NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$322,162NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE INDIAN RIVER EDUCATION FUND BRINGS TOGETHER CIVIC AND CORPORATE LEADERS TO SUPPORT INNOVATION, STRENGTHEN PUBLIC SCHOOLS, AND ALIGN COMMUNITY INVESTMENT WITH DISTRICT PRIORITIES.OUR VISION IS TO MAKE SDIRC THE BEST CHOICE FOR EDUCATION IN INDIAN RIVER COUNTY.THE INDIAN RIVER EDUCATION FUND WAS CREATED AT A MOMENT OF BOTH ACHIEVEMENT AND CHANGE FOR PUBLIC EDUCATION IN INDIAN RIVER COUNTY. AS THE DISTRICT HAS STRENGTHENED ITS PERFORMANCE, THE EDUCATIONAL LANDSCAPE HAS ALSO BECOME MORE COMPETITIVE, WITH FAMILIES HAVING MORE CHOICES THAN EVER BEFORE. THE FUND WAS ESTABLISHED TO HELP SUSTAIN DISTRICT MOMENTUM, SUPPORT INNOVATION, AND ALIGN PRIVATE-SECTOR INVESTMENT WITH DISTRICT PRIORITIES. TODAY, ITS STRATEGIC DIRECTION IS CENTERED ON TWO CORE FOCUS AREAS, LEADERSHIP AND INNOVATION, WITH THE GOAL OF ACCELERATING SCHOOL IMPROVEMENT AND IMPROVING STUDENT OUTCOMES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$597,221ExpenseAmt
DescDURING ITS FIRST FULL OPERATING YEAR, THE FUND DIRECTED PROGRAM INVESTMENTS THROUGH ITS LEADERSHIP AND INNOVATION FOCUS AREAS, WORKING IN CLOSE PARTNERSHIP WITH THE SCHOOL DISTRICT OF INDIAN RIVER COUNTY AND SUPERINTENDENT DR. DAVID MOORE.MAJOR PROGRAM ACTIVITIES INCLUDED: - CROSS-SECTOR LEADERSHIP INSTITUTE BRINGING TOGETHER LEADERS FROM AVIATION, EDUCATION, BANKING, AND LAW TO BUILD CROSS-SECTOR COLLABORATION, BOLSTER LEADERSHIP SKILLS, AND EXPOSE PARTICIPANTS TO DIFFERENT WAYS OF THINKING. - MATH EXPERTISE AT MIDDLE SCHOOLS SUPPORTING PROFESSIONAL LEARNING TO STRENGTHEN MIDDLE-SCHOOL MATH INSTRUCTION. - AI PILOT FUNDING A CLASSROOM PILOT OF AN AI-POWERED LEARNING ASSISTANT TO TEST THE IMPACT ON STUDENT OUTCOMES AND TEACHER PRODUCTIVITY. - STRATEGIC SCHOOL RE-DESIGN AND INNOVATION SUPPORTING THE DISTRICT'S EXPLORATION OF NEW SCHOOL MODELS THROUGH DESIGNED, A STRUCTURED DESIGN-AND-PROTOTYPE PROCESS FOR EDUCATORS, AND THE INNOVATION TASK FORCE CONVENING DISTRICT LEADERS TO ADDRESS PRIORITY CHALLENGES. - REGIONAL SCIENCE & ENGINEERING FAIR UNDERWRITING THE ANNUAL DISTRICT SCIENCE FAIR TO EXPAND ACCESS AND INCREASE STUDENT PARTICIPATION. - STEP INTO KINDERGARTEN ENSURING ALL STUDENTS START SCHOOL READY TO LEARNTHE FUND ALSO RECRUITED AND SEATED A FOUNDING BOARD OF DIRECTORS, COMPLETED ALL LEGAL AND ADMINISTRATIVE STEPS REQUIRED TO OPERATE AS A DSO AND FLORIDA NONPROFIT, AND ADOPTED A STRATEGIC APPROACH ALIGNED WITH DISTRICT PRIORITIES. IN PARTNERSHIP WITH THE DISTRICT, THE FUND WILL CONTINUE TO IDENTIFY AND ADVANCE PROGRAMS THAT DRIVE SUSTAINED SUCCESS AND MAKE SDIRC THE BEST CHOICE FOR K12 EDUCATION IN OUR COMMUNITY.Desc
Total Program Service Expenses$597,221TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
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 ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
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 Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATT RUNDELSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7725643150PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16500 57TH STREETAddressLine1Txt
CityVERO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32967ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WILLIAM PENNEY
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
JOHN CALCAGNO
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MATT RUNDELS
VICE CHAIRMAN/TREASURER1.00Yes (X)Yes (X)$0$0$0
SAM BLOCK
DIRECTOR1.00Yes (X)$0$0$0
LAICA GERWEIN-MORETA
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
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
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$911,813AllOtherContributionsAmt
Noncash Contributions$161,658NoncashContributionsAmt
Total Contributions$911,813TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$156TotalRevenueColumnAmt
Exclusion$156ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$911,969TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$156ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$126,471TotalAmt
Program Services$63,235ProgramServicesAmt
Management And General$31,618ManagementAndGeneralAmt
Fundraising$31,618FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$26,143TotalAmt
Program Services$13,071ProgramServicesAmt
Management And General$6,536ManagementAndGeneralAmt
Fundraising$6,536FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,044TotalAmt
Program Services$4,522ProgramServicesAmt
Management And General$2,261ManagementAndGeneralAmt
Fundraising$2,261FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$49,031TotalAmt
Management And General$49,031ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$537TotalAmt
Management And General$537ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,606TotalAmt
Management And General$36,606ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$8,000TotalAmt
Fundraising$8,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$490,797TotalAmt
Program Services$488,971ProgramServicesAmt
Fundraising$1,826FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$478TotalAmt
Management And General$478ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$59TotalAmt
Management And General$59ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MATERIALS AND PRINTING$51,561$20,000$31,561
SOFTWARE$10,562$5,127$5,435
TRAINING AND DEVELOPMEN$2,295$2,295
DUES AND SUBSCRIPTIONS$1,500$1,500

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$813,084TotalAmt
Program Services$597,221ProgramServicesAmt
Management And General$165,622ManagementAndGeneralAmt
Fundraising$50,241FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$12,265BOYAmt
EOY$116,958EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$205,204EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$211,012BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$223,277BOYAmt
EOY$322,162EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$223,277BOYAmt
EOY$16,863EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$305,299EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$223,277BOYAmt
EOY$322,162EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$223,277BOYAmt
EOY$322,162EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$98,885ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$244,472CurrentTaxYearMinus1YearAmt
Current Tax Year$911,813CurrentTaxYearAmt
Total$1,156,285TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$244,472CurrentTaxYearMinus1YearAmt
Current Tax Year$911,813CurrentTaxYearAmt
Total$1,156,285TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$279,613SubstantialContributorsTotAmt
Public Support Total170$876,672PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$156CurrentTaxYearAmt
Total$156TotalAmt
FieldValueIRS element (for citing)
Total Support$1,156,441TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$911,969TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$911,969RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$911,969TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$813,084TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$813,084ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$813,084TotalExpensesPerForm990Amt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSALARIES AND BENEFITS OF SHARED EMPLOYEEDesc
Contribution0ContributionCnt
Noncash Contributions Rpt F990$161,658NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION (CONTINUED):ABOUT THE FUND - BRINGS TOGETHER CORPORATE AND CIVIC LEADERS TO SUPPORT PUBLIC EDUCATION IN INDIAN RIVER COUNTY - SERVES AS A DIRECT SUPPORT ORGANIZATION FOR THE SCHOOL DISTRICT OF INDIAN RIVER COUNTY UNDER SECTION 1001.453, FLORIDA STATUTES - RAISES AND INVESTS RESOURCES TO STRENGTHEN PUBLIC SCHOOLS FROM PRE-K THROUGH ADULT EDUCATION - HELPS ACCELERATE SCHOOL IMPROVEMENT AND IMPROVE STUDENT OUTCOMES
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETE COPY OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING, AND THE RETURN IS REVIEWED AT A MEETING OF THE BOARD. THE TREASURER CONDUCTS A DETAILED REVIEW AND RECONCILIATION OF THE AUDITED FINANCIAL STATEMENTS PRIOR TO SUBMISSION. THE RETURN IS RETAINED IN THE FUND'S RECORDS.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS COMPLETE AND SIGN A WRITTEN CONFLICT-OF-INTEREST DISCLOSURE ATTESTING TO COMPLIANCE WITH THE FUND'S POLICY AND IDENTIFYING ANY POTENTIAL CONFLICTS. ANY DIRECTOR WITH A POTENTIAL CONFLICT OF INTEREST ON A MATTER UNDER CONSIDERATION RECUSES THEMSELVES FROM THE DISCUSSION AND THE VOTE, AND THE RECUSAL IS DOCUMENTED IN THE MINUTES. THE BOARD CHAIR, WITH SUPPORT FROM THE EXECUTIVE DIRECTOR, MONITORS COMPLIANCE THROUGHOUT THE YEAR AND REVIEWS DISCLOSURES.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GMARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,826. TOTAL EXPENSES 1,826. PROGRAM EXPENSES: PROGRAM SERVICE EXPENSES 488,971. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 488,971.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SCHOOL DISTRICT OF INDIAN RIVER COUNTYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16500 57TH STREETAddressLine1Txt
CityVERO BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32967ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesSCHOOL DISTRICT APPROVES BOARD MEMBERS AND COMPENSATES SHARED EMPLOYEES.PrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SCHOOL DISTRICT OF INDIAN RIVER COUNTYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeOTransactionTypeTxt
Involved$161,658InvolvedAmt
Method Of Amount DeterminationSALARY ALLOCATED TO TIME DEVOTEDMethodOfAmountDeterminationTxt

Comments

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