Miami Community Charter School Inc
- Assets
- $10.8m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 141
- Location
- Florida City, FL
- Founding
- 09/2007
- Data as of
- 06/2023
- EIN
- 20-0254954
Organization Overview
Miami Community Charter School Inc is located in Florida City, FL. The organization was established in 2007. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Miami Community Charter School Inc employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miami Community Charter School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Miami Community Charter School Inc generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $12.8m during the year ending 06/2023. While expenses have increased by 10.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A CHARTER SCHOOL IN DADE COUNTY, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIAMI COMMUNITY CHARTER SCHOOL SERVES THE MIGRANT FARM WORKER FAMILIES, AND IS A 100% MINORITY SCHOOL. IN ADDITON TO SOCIO-ECONOMIC HARDSGIP, LACK OF LANGUAGE FLUENCY, HIGH CRIME RATE, LOW JOB MARKET, INSUFFICENT COMMUNITY RESOURCES IN THE AREA, RESTRICTS THE YOUTH OPPORTUNITIES TO SUCCEED. THE SCHOOL IS AN INDEPENDENT CHARTER SCHOOL, ESTABLISHED IN 2004 WITH 125 STUDENTS IN GRADES K - 4. THIS YEAR THE SCHOOL SERVES 1,095 STUDENTS, AND IN ADDITION TO A STRONG GENERAL EDUCATION, THE SCHOOL OFFERES BILINGUAL EDUCATION, MICROSOFT CERTIFICATION ACADEMY, DIGITAL DESIGN CERTIFICATION ACADEMY AND A VERY STRONG COLLEGE PREP AND AP PROGRAM. MIAMI COMMUNITY CHARTER SCHOOL HAS MADE POSITIVE CHANGES IN THE COMMUNITY. CURRENTLY 7 OF SCHOOL'S ALUMNI ARE WORKING FOR THE SCHOOL IN PROFESSIONAL POSITIONS, AND IN GENERAL THE SCHOOL HAS CREATED OVER 120 JOBS IN THE AREA. THE SCHOOL HAS BUILT 34,000 SQ,FT. STATE OF THE ART IN THE COMMUNITY AND ANOTHER 30,000 SQ. FT. BUILDING IS CURRENTLY IN PROCESS.THE SCHOOL HAS REMAINED DEDICATED TO THE COMMUNITY THROUGH THE YEARS, AND ENOYS THE COMMUNITY'S CONFIDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Torres Board Chair | Trustee | 8 | $0 |
Carmen Marinelli Member | Trustee | 8 | $0 |
Howard Murphy Member | Trustee | 8 | $0 |
Shahrzad Shawn Khosravi Member | Trustee | 8 | $0 |
William Presswood Member | Trustee | 8 | $0 |
Jila Rezaie Executive Director | Officer | 40 | $135,143 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dixie Catering Breakfast/lunch Food Program | 6/29/23 | $669,661 |
Air B School Bus Transportation Bus Transportation | 6/29/23 | $649,847 |
Nicolas Management Group Inc Cleaning Services & Supplies | 6/29/23 | $231,870 |
Djl Renovation & Maintenance Building Repair Serivces | 6/29/23 | $146,015 |
Claren Architecture Design Inc Architectural Services | 6/29/23 | $173,534 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,760,202 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,760,202 |
| Total Program Service Revenue | $10,704,093 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,768,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,143 |
| Compensation of current officers, directors, key employees. | $13,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,731,648 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $164,422 |
| Payroll taxes | $438,958 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,067,948 |
| Advertising and promotion | $0 |
| Office expenses | $911,129 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $773,736 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $362,408 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $560,069 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,826,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,562,216 |
| Savings and temporary cash investments | $555,198 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $376,075 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,925 |
| Net Land, buildings, and equipment | $6,867,890 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $429,256 |
| Total assets | $10,813,560 |
| Accounts payable and accrued expenses | $602,851 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $6,960,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,562,851 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,250,709 |
| Total liabilities and net assets/fund balances | $10,813,560 |