Destin High School Inc
- Assets
- $20.5m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 71
- Location
- Destin, FL
- Founding
- Data as of
- 06/2023
- EIN
- 83-2142361
Organization Overview
Destin High School Inc is located in Destin, FL. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Destin High School Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destin High 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 06/2023, Destin High School Inc generated $6.1m in total revenue. All expenses for the organization totaled $7.3m during the year ending 06/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF DESTIN HIGH SCHOOL IS TO PREPARE STUDENTS ACADEMICALLY, PHYSICALLY, AND MENTALLY TO BECOME RESPONSIBLE, PRODUCTIVE, EMPOWERED CITIZENS. EMBRACING THE AREAS HISTORY AS A TOURIST DESTINATION, MILITARY HUB, AND WORLDS LUCKIEST FISHING VILLAGE AND SUPPORTED BY STRONG PUBLIC/PRIVATE PARTNERSHIPS, OUR DIVERSE AND SPECIALIZED PROGRAMS WILL PROVIDE THE FOUNDATION EACH STUDENT NEEDS TO SECURE A SOLID FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESTIN HIGH SCHOOL PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 450 STUDENTS IN GRADES 9-12. THE SCHOOL'S DIVERSE AND SPECIALIZED PROGRAMS WILL PROVIDE THE FOUNDATION EACH STUDENT NEEDS TO SECURE A SOLID FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Eubank Board Member | Trustee | 0.5 | $0 |
Stephanie Larabee Parent Advoc | Trustee | 0.5 | $0 |
Heidi Locicero President | Trustee | 0.5 | $0 |
Jim Luttrell Board Member | Trustee | 0.5 | $0 |
Virginia Mcbride Vice Preside | Trustee | 0.5 | $0 |
Mitch Silver MD Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $414,582 |
| All other contributions, gifts, grants, and similar amounts not included above | $961,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,375,747 |
| Total Program Service Revenue | $3,835,119 |
| Investment income | $21,814 |
| 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 | $6,129,205 |
| 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 | $2,451,165 |
| Pension plan accruals and contributions | $64,110 |
| Other employee benefits | $390,534 |
| Payroll taxes | $177,630 |
| 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 | $135,178 |
| Advertising and promotion | $25,721 |
| Office expenses | $50,238 |
| Information technology | $12,902 |
| Royalties | $0 |
| Occupancy | $477,264 |
| Travel | $5,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,063,612 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $164,833 |
| Insurance | $188,595 |
| All other expenses | $1,038,471 |
| Total functional expenses | $7,319,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,150,505 |
| Savings and temporary cash investments | $6,130,046 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,653 |
| 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 | $9,131,565 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,034,335 |
| Total assets | $20,482,104 |
| Accounts payable and accrued expenses | $335,806 |
| 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 | $20,249,996 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $48,228 |
| Total liabilities | $20,634,030 |
| 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 | -$7,157,068 |
| Retained earnings, endowment, accumulated income, or other funds | $7,005,142 |
| Total liabilities and net assets/fund balances | $20,482,104 |