Lake Eola Charter School Inc
- Assets
- $761.3k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 25
- Location
- Orlando, FL
- Founding
- 11/1999
- Data as of
- 06/2022
- EIN
- 59-3506369
Organization Overview
Lake Eola Charter School Inc is located in Orlando, FL. The organization was established in 1999. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Lake Eola Charter School Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Eola 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 06/2022, Lake Eola Charter School Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 2.2% 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
CHARTER SCHOOL, APPROX. 219 STUDENTS GRADES K-8.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES EDUCATIONAL SERVICES FOR 200+ STUDENTS IN GRADES K-8. THE STAFF, USING NATIONAL STANDARDS, CREATES A LIVING CURRICULUM EACH SUMMER FOR THE STUDENTS. SINCE THE SCHOOL IMPLEMENTS A NON-TEXTBOOK CURRICULUM, RESOURCES ARE PULLED FROM PRIMARY SOURCE MATERIALS, WEB SITES, AND PRACTICAL APPLICATION EXERCISES. TEACHERS FACILITATE LEARNING RATHER THAN "POURING IT IN." THIS APPROACH DEVELOPS OWNERSHIP ON THE PART OF STUDENTS AND FINE TUNES THEIR CRITICAL THINKING SKILLS. ALL LESSONS ARE DIFFERENTIATED TO MEET EACH STUDENT WHERE HE OR SHE IS RATHER THAN WHERE THEIR AGES DICTATE THEY SHOULD BE. IF A STUDENT IS IN NEED OF ACCELERATION, LEARNING ACTIVITIES ARE DIRECTED TOWARD THAT GOAL; CONVERSELY, IF STUDENTS ARE IN NEED OF RE-TEACHING, THEIR ACTIVITIES TAKE THAT DIRECTION WITH THE GOAL OF ATTAINING GRADE LEVEL EXPECTATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Eng Secretary/treasurer | OfficerTrustee | 2 | $0 |
Ryan Santurri President | OfficerTrustee | 2 | $0 |
Elizabeth Hoffman Vice-President | OfficerTrustee | 2 | $0 |
John Dierking Secretary/treasurer | Trustee | 2 | $0 |
Lisa Early Community Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,840 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,988 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,828 |
| Total Program Service Revenue | $1,907,400 |
| Investment income | $4,149 |
| 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 | $1,936,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,867 |
| 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 | $955,849 |
| Pension plan accruals and contributions | $94,084 |
| Other employee benefits | $184,319 |
| Payroll taxes | $73,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,614 |
| Fees for services: Accounting | $30,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,004 |
| Advertising and promotion | $3,897 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $293,270 |
| 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 | $26,461 |
| Insurance | $24,349 |
| All other expenses | $47,230 |
| Total functional expenses | $1,858,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $494,994 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,818 |
| 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 | $14,638 |
| Net Land, buildings, and equipment | $98,986 |
| Investments—publicly traded securities | $124,823 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $761,259 |
| Accounts payable and accrued expenses | $43,571 |
| 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 | $0 |
| Total liabilities | $43,571 |
| 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 | $717,688 |
| Total liabilities and net assets/fund balances | $761,259 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Eola Charter School Inc has recieved totaling $220.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $220 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carrollwood Day School Education Inc Tampa, FL | $44,857,641 | $20,567,249 |
Kipp Jacksonville Inc Jacksonville, FL | $9,839,108 | $19,518,543 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Renaissance Arts And Education Inc Palmetto, FL | $29,910,781 | $21,492,050 |
Lakeland Christian School Inc Lakeland, FL | $60,596,367 | $29,249,240 |
Alfred B Maclay Jr Day School Tallahassee, FL | $28,425,288 | $17,967,088 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Palm Beach Day Academy Inc Palm Beach, FL | $39,954,020 | $18,116,482 |
Rabbi Harry H Epstein School Inc Sandy Springs, GA | $8,141,821 | $15,062,509 |
The Alfred And Adele Davis Academy Inc Atlanta, GA | $60,440,379 | $18,707,941 |
Stratford Academy Inc Macon, GA | $32,525,377 | $15,089,989 |