Downtown Doral Charter Upper School
- Assets
- $38.6m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 235
- Location
- Doral, FL
- Founding
- 05/2017
- Data as of
- 06/2023
- EIN
- 81-2931253
Organization Overview
Downtown Doral Charter Upper School is located in Doral, FL. The organization was established in 2017. 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, Downtown Doral Charter Upper School employed 235 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Doral Charter Upper School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OUR STUDENTS WITH A COMPREHENSIVE DUAL CURRICULUM AND BICULTURAL/BILINGUAL EDUCATION THROUGH LANGUAGE ACQUISITION AND INNOVATIVE PROGRAMS, FACILITATED BY A HIGHLY QUALIFIED STAFF PROMOTING STUDENTS' ACADEMIC EXCELLENCE CREATING FUTURE WORLD LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE SCHOOL YEAR ENDED JUNE 30, 2023, THE SCHOOL OFFERED A UNIQUE DUAL LANGUAGE CURRICULUM THAT PREPARES STUDENTS TO EXCEL IN AN INCREASINGLY COMPLEX GLOBAL SOCIETY. STUDENTS HAVE A CHOICE OF TWO LANGUAGE TRACKS: SPANISH OR PORTUGUESE. THROUGH COURSES AND SCHOOLWIDE ACTIVITIES, STUDENTS ARE IMMERSED IN THE SPANISH AND PORTUGUESE CULTURE, ALLOWING THEM TO DEVELOP AN AWARENESS OF BICULTURALISM. ALL PROGRAMS AT DDCUS ARE FACILITATED BY A HIGHLY QUALIFIED STAFF AND DELIVERED IN A NEWLY CONSTRUCTED, STATE-OF-THE-ART FACILITY, EQUIPPED WITH THE LATEST TECHNOLOGY. DURING THE YEAR ENDED JUNE 30, 2023, THE SCHOOL HAD APPROXIMATELY 1,473 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannette Acevedo-Isenberg Head Of Scho | Officer | 30 | $150,055 |
Ana-Marie Codina Barlick Pres. And Bo | OfficerTrustee | 1 | $0 |
Larry Gragg Director | Trustee | 0.5 | $0 |
Vera Hirsh Secretary/tr | OfficerTrustee | 0.5 | $0 |
Ronald Martucci Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,914,543 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,996,308 |
| Total Program Service Revenue | $13,666,226 |
| Investment income | $31,660 |
| Tax Exempt Bond Proceeds | $180,353 |
| 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 | $15,874,547 |
| 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. | $162,240 |
| Compensation of current officers, directors, key employees. | $81,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,297,998 |
| Pension plan accruals and contributions | $123,782 |
| Other employee benefits | $657,834 |
| Payroll taxes | $564,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,297 |
| Fees for services: Accounting | $25,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,297 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,131 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,203,940 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $941,018 |
| Insurance | $267,818 |
| All other expenses | $1,355,418 |
| Total functional expenses | $14,945,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,939,092 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $91,820 |
| Accounts receivable, net | $81,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,282 |
| Prepaid expenses and deferred charges | $87,297 |
| Net Land, buildings, and equipment | $26,272,696 |
| Investments—publicly traded securities | $8,106,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,617,434 |
| Accounts payable and accrued expenses | $619,197 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $38,990,000 |
| 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 | $1,828,751 |
| Total liabilities | $41,437,948 |
| Net assets without donor restrictions | -$2,820,514 |
| 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 | $38,617,434 |