Seaside School Inc
- Assets
- $2.6m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 57
- Location
- Santa Rosa Beach, FL
- Founding
- 05/1995
- Data as of
- 06/2022
- EIN
- 59-3282809
Organization Overview
Seaside School Inc is located in Santa Rosa Beach, FL. The organization was established in 1995. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Seaside School Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seaside 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 06/2022, Seaside School Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SEASIDE SCHOOL INC., IS A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION SERVICES TO 5TH-12TH GRADE STUDENTS IN THE SEASIDE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SEASIDE SCHOOL INC., IS A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION SERVICES TO 5TH-12TH GRADE STUDENTS IN THE SEASIDE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott O'prey High School Principal | Officer | 40 | $135,190 |
Kim Mixson Middle School Principal | Officer | 40 | $107,299 |
Rhea Goff Vice Chair | OfficerTrustee | 2 | $0 |
Kav Tucker Treasurer | OfficerTrustee | 2 | $0 |
Greg Latour Secretary | OfficerTrustee | 2 | $0 |
Nick Vlahos Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $178,988 |
| Government grants | $3,867,927 |
| 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 | $4,046,915 |
| Total Program Service Revenue | $232,351 |
| 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 | $4,279,266 |
| 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. | $313,326 |
| Compensation of current officers, directors, key employees. | $76,311 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,060,555 |
| Pension plan accruals and contributions | $113,218 |
| Other employee benefits | $293,462 |
| Payroll taxes | $108,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,284 |
| Advertising and promotion | $2,604 |
| Office expenses | $50,485 |
| Information technology | $5,174 |
| Royalties | $0 |
| Occupancy | $100,962 |
| Travel | $44,304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $46,070 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,534 |
| Insurance | $9,317 |
| All other expenses | $0 |
| Total functional expenses | $3,991,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $668,121 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,885 |
| Accounts receivable, net | $0 |
| 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 | $39,269 |
| Net Land, buildings, and equipment | $90,338 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $980,644 |
| Other assets | $812,262 |
| Total assets | $2,617,519 |
| Accounts payable and accrued expenses | $170,582 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,033,035 |
| Total liabilities | $3,203,617 |
| 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 | $90,338 |
| Retained earnings, endowment, accumulated income, or other funds | -$676,436 |
| Total liabilities and net assets/fund balances | $2,617,519 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Seaside School Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Road Runners Club Of America Inlet Beach, FL PURPOSE: TO HELP WTH THE OPERATIONAL COSTS AND DIRECT CLIENT EXPENSES FOR YOUTH | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Canterbury School Corporation Fort Myers, FL | $32,236,169 | $23,638,435 |
Brookstone School Inc Columbus, GA | $71,035,506 | $24,481,396 |
The Masters Academy Of Central Florida Inc Oviedo, FL | $26,482,967 | $18,246,673 |
Savannah Christian Preparatory School Inc Savannah, GA | $28,769,990 | $18,697,901 |
Saint Edwards School Vero Beach, FL | $54,149,022 | $17,250,987 |
Strong Rock Christian School Inc Locust Grove, GA | $18,179,980 | $18,285,975 |
Fellowship Christian School Inc Roswell, GA | $48,536,188 | $18,034,878 |
St Pauls Episcopal School Mobile, AL | $26,189,566 | $16,422,172 |
Dubois Integrity Academy Inc Riverdale, GA | $36,435,666 | $18,797,787 |
William Monroe Rowlett Academy For Arts And Communication Bradenton, FL | $11,754,381 | $15,312,169 |
Episcopal Day Private School Of Manatee County Inc Bradenton, FL | $25,876,327 | $15,435,458 |
St Francis Day School Inc Roswell, GA | $35,555,718 | $15,564,442 |