Florida Charter School Organization Inc
- Assets
- $5.8m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Coral Springs, FL
- Founding
- Data as of
- 06/2022
- EIN
- 83-2718205
Organization Overview
Florida Charter School Organization Inc is located in Coral Springs, FL. Florida Charter School Organization Inc 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SUMMIT ACADEMY CHARTER SCHOOL IS TO OFFER A RIGOROUS AND HIGH QUALITY EDUCATION THAT FOCUSES ON "CLASS": CHARACTER, LEADERSHIP, ACADEMICS, SERVICE AND SPORTSMANSHIP.THE SCHOOL'S PHILOSOPHY IS THAT WITHOUT THESE COMPONENTS, STUDENTS ARE UNABLE TO ACHIEVE THEIR MAXIMUM LEARNING.POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019, THE SCHOOL OPENED ITS DOORS IN AUGUST TO 170 STUDENTS IN THE CORAL SPRINGS AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regla Alvarez Director | Trustee | 1 | $0 |
Gem Vasquez Director | Trustee | 1 | $0 |
Roxana Tomas Ledesma President | Trustee | 1 | $0 |
Julio Gonzalez Director | Trustee | 1 | $0 |
Karen Tresca Director | Trustee | 1 | $0 |
Gustavo Prats Principal | 40 | $118,702 |
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 | $4,071,244 |
| 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 | $4,071,244 |
| 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 | $1,813,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $200,433 |
| Payroll taxes | $137,687 |
| 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 | $376,361 |
| Advertising and promotion | $2,725 |
| Office expenses | $251,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,893 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $236,240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $514,406 |
| Insurance | $53,958 |
| All other expenses | $0 |
| Total functional expenses | $3,889,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,541 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $88,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,523,209 |
| Total assets | $5,761,985 |
| Accounts payable and accrued expenses | $179,309 |
| 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 | $5,409,518 |
| Total liabilities | $5,588,827 |
| Net assets without donor restrictions | $173,158 |
| 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 | $5,761,985 |