Championship Academy Of Distinction At Hollywood Inc
- Assets
- $9.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 79
- Location
- Hollywood, FL
- Founding
- 01/2006
- Data as of
- 06/2023
- EIN
- 20-2227983
Organization Overview
Championship Academy Of Distinction At Hollywood Inc is located in Hollywood, FL. The organization was established in 2006. 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, Championship Academy Of Distinction At Hollywood Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Championship Academy Of Distinction At Hollywood 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, Championship Academy Of Distinction At Hollywood Inc generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. 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
THE MISSION OF CHAMPIONSHIP ACADEMY OF DISTINCTION IS TO FOSTER INTERPERSONAL RELATIONSHIPS WITH OUR PARENTS, STUDENTS, AND STAFF IN EFFORTS TO BUILD A SAFE AND NURTURING FAMILY ATMOSPHERE THAT CELEBRATES DIVERSE CULTURES AND CHARACTER DEVELOPMENT, WHILE PROVIDING HOLISTIC AND PERSONALIZED, DATA-DRIVEN INSTRUCTION TAILORED TO MEET THE INDIVIDUAL ACADEMIC GOALS OF OUR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT OF PURPOSE: AT CHAMPIONSHIP ACADEMY "THE STANDARD IS EXCELLENCE". THROUGH OUR GUIDANCE, STUDENTS CREATE A PATH TO ACHIEVE THEIR DREAMS TO DISCOVER THEIR PURPOSE. OVER THE PAST FEW YEARS, THE WORLD HAS CHANGED AND CAD STRIVES TO MEET THE EVER CHANGING NEEDS OF A DIVERSE STUDENT POPULATION. THE SCHOOL ESTABLISHED A FOOTPRINT IN THE NEW AND UP AND COMING PARKVIEW AT HILLCREST HOUSING COMMUNITY WHICH SURROUNDS THE SCHOOL AND HAS 650 RECENTLY BUILT HOMES AND CONDOMINIUMS ($400K-650K).THROUGH OUR IBELIEVE ACADEMY IN OUR SCHOOL, STUDENT'S ARE INTRODUCED TO PERFORMING ARTS, CODING, ROBOTICS, ENVIRONMENTAL, HORTICULTURE AND FOREIGN LANGUAGE CURRICULA. IN MIDDLE SCHOOL OUR IWILL ACADEMIES EXPOSE STUDENTS TO DRAMA, BUSINESS & ENTREPRENEURSHIP, LAW, CRIMINAL JUSTICE, DEBATE, VISUAL ARTS, PERFORMING ARTS AND TV PRODUCTION. WE'RE EXCITED AND CONFIDENT THESE ACADEMIES MAXIMIZE OUR STUDENT'S LEARNING EXPERIENCES.THE FACULTY AND STAFF OF CHAMPIONSHIP ACADEMY PRIDES ITSELF ON PROVIDING A QUALITY EDUCATION IN A NURTURING ENVIRONMENT. OPEN AND ONGOING COMMUNICATION WITH PARENTS COUPLED WITH QUALITY RELATIONSHIPS AND PARTNERSHIPS WITH EDUCATIONAL, BUSINESS, COMMUNITY AND OTHER STAKEHOLDERS ALLOWS US TO HELP CHILDREN ACHIEVE THEIR EDUCATIONAL GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antonia Magloire President | OfficerTrustee | 10 | $0 |
Keri Diaz Vice President | OfficerTrustee | 4 | $0 |
Daniel Winsor Treasurer | OfficerTrustee | 4 | $0 |
Johnny Gaspard Board Member | OfficerTrustee | 4 | $0 |
Freddie Jones Board Member | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charter School Management Solutions Management | 6/29/15 | $328,532 |
Sir Pizza Food Services | 6/29/15 | $209,149 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $3,247,803 |
| 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 | $4,104,178 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,759,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,300 |
| Payroll taxes | $142,887 |
| 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 | $178,531 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $32,290 |
| Royalties | $0 |
| Occupancy | $910,539 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $82,480 |
| All other expenses | $131,815 |
| Total functional expenses | $4,005,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $760,023 |
| 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 | $0 |
| Net Land, buildings, and equipment | $8,342,364 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,470 |
| Total assets | $9,211,353 |
| Accounts payable and accrued expenses | $356,698 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $260,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,454,882 |
| Total liabilities | $10,071,580 |
| 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 | -$860,227 |
| Total liabilities and net assets/fund balances | $9,211,353 |