Bridgeprep Academy Of Florida Inc
- Assets
- $42.1m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 226
- Location
- Orlando, FL
- Founding
- Data as of
- 06/2022
- EIN
- 81-1532572
Organization Overview
Bridgeprep Academy Of Florida Inc is located in Orlando, FL. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Bridgeprep Academy Of Florida Inc employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgeprep Academy Of Florida 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, Bridgeprep Academy Of Florida Inc generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $13.7m during the year ending 06/2022. While expenses have increased by 26.4% per year over the past 3 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
TO CREATE A STIMULATING AND CHALLENGING LEARNING ENVIRONMENT FOR ALL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORANGE:BRIDGEPREP ACADEMY OF ORANGE HAS BEEN ABLE TO ACHIEVE THE FOLLOWING WITH SUCCESS:-INFUSION OF SCIENCE WITH VIRTUAL LEARNING KIDS IN MIDDLE SCHOOL-UTILIZING THE PROGRAM ACHIEVE 3000 FOR ENRICHMENT IN SPANISH, WRITING AND ELA.-IMPLEMENTATION OF MASTERY CONNECT, TO SUPPORT IN ADMINISTERING OF DATA/ASSESSMENTSBRIDGEPREP ACADEMY OF ORANGE HAS IMPLEMENTED MULTIPLE TECHNOLOGICAL PROGRAMS, STRATEGIES, AS WELL AS PROFESSIONAL DEVELOPMENT FOR THEIR TEACHERS AND STAFF WHILE UTILIZING STATE OF THE ART MOBILE CARTS WITH COMPUTERS AS WELL AS A COMPUTER LAB.OSCEOLA:BRIDGEPREP ACADEMY OF OSCEOLA HAS BEEN ABLE TO ACHIEVE THE FOLLOWING WITH SUCCESS:-INFUSION OF SCIENCE WITH VIRTUAL LEARNING KIDS IN ELEMENTARY AND MIDDLE SCHOOL-IMPLEMENTATION OF ACHIEVE3000 IN WRITING, ELA, SOCIAL STUDIES, SCIENCE AND SPANISH-IMPLEMENTATION OF MASTERY CONNECT, TO SUPPORT IN ADMINISTERING OF DATA DRIVEN ASSESSMENTS-UTILIZATION OF ISTATION FOR MATH, ELA AND SPANISH-IMPLEMENTATION OF GO MATH IN ALL GRADES-SPANISH AND ELA - HAVING STUDENT ADOPT A NEW LANGUAGE, DOUBLE DOSING STANDARDS AND PROVIDING SUPPLEMENTAL RESOURCES TO ENSURE MASTERY.BRIDGEPREP OF OSCEOLA WORKS VERY WELL WITH THEIR STAFF TO ENSURE THAT ALL PROGRAMS ARE CONDUCTED WITH 100 PERCENT FIDELITY ENSURING SUCCESS IN MASTERY OF THE STANDARDS/BENCHMARKS.ST. CLOUD:BRIDGEPREP ACADEMY OF ST CLOUD HAS BEEN ABLE TO ACHIEVE THE FOLLOWING WITH SUCCESS:-INFUSION OF SCIENCE WITH VIRTUAL LEARNING KIDS IN 5TH GRADE AND MIDDLE SCHOOL SCIENCE-UTILIZING THE PROGRAM ACHIEVE 3000 FOR ENRICHMENT IN CIVIS AND ELA.-IMPLEMENTATION OF MASTERY CONNECT, TO SUPPORT IN ADMINISTERING OF DATA/ASSESSMENTS-BRIDGEPREP ACADEMY OF ST CLOUD HAS IMPLEMENTED MULTIPLE TECHNOLOGICAL PROGRAMS, STRATEGIES, AS WELL AS PROFESSIONAL DEVELOPMENT FOR THEIR TEACHERS AND STAFF WHILE UTILIZING STATE OF THE ART MOBILE CARTS WITH COMPUTERS AS WELL AS A COMPUTER LAB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yeneir Rodriguez Padron Chair | OfficerTrustee | 5 | $0 |
Luis Necuze Treasurer | OfficerTrustee | 5 | $0 |
Lou Lofranco Secretary | Trustee | 5 | $0 |
Tom Sutterfield Director | Trustee | 5 | $0 |
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 | $10,758,957 |
| 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 | $11,367,185 |
| 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 | $5,456,619 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $668,753 |
| Payroll taxes | $436,593 |
| Fees for services: Management | $762,752 |
| 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 | $618,189 |
| Advertising and promotion | $0 |
| Office expenses | $1,312,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,782,210 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,921,648 |
| Insurance | $111,201 |
| All other expenses | $0 |
| Total functional expenses | $13,674,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $984,362 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $390,286 |
| 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 | $39,734 |
| Net Land, buildings, and equipment | $550,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,129,429 |
| Total assets | $42,093,931 |
| Accounts payable and accrued expenses | $562,409 |
| 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 | $1,361,603 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,375,137 |
| Total liabilities | $44,299,149 |
| Net assets without donor restrictions | -$2,205,218 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $42,093,931 |