Downtown Doral Charter Schools Foundation Inc
- Assets
- $868.0k
- Revenue
- $191.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Doral, FL
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 84-1757078
Organization Overview
Downtown Doral Charter Schools Foundation Inc is located in Doral, FL. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Doral Charter Schools Foundation 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 12/2023, Downtown Doral Charter Schools Foundation Inc generated $191.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $168.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE DOWNTOWN DORAL CHARTER SCHOOLS FOUNDATION, INC. PROVIDES SUPPORT FOR TWO CHARTER SCHOOLS LOCATED IN DORAL FLORIDA, NAMELY DOWNTOWN DORAL CHARTER ELEMENTARY SCHOOL, INC. AND DOWNTOWN DORAL CHARTER UPPER SCHOOL, INC. BOTH SCHOOLS ARE 501(C)3 TAX EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SUPPORT FOR DOWNTOWN DORAL CHARTER ELEMENTARY SCHOOL, INC. AND DOWNTOWN DORAL CHARTER UPPER SCHOOL, INC (THE "SCHOOLS"). THE SCHOOLS ARE A PUBLIC PRIVATE PARTNERSHIP BETWEEN THE SCHOOLS AND MIAMI-DADE COUNTY PUBLIC SCHOOL BOARD. THE SCHOOLS HAVE TWO LANGUAGE TRACKS, SPANISH AND PORTUGUESE. WITHIN EACH TRACK, THERE ARE TWO PROGRAMS, THE BILINGUAL EDUCATION ADVANCEMENT PROGRAM (BEAP) AND THE BILINGUAL EDUCATION STUDIES PROGRAM (BESP). BEAP SERVES STUDENTS WHO ARE MATRICULATING FROM ELEMENTARY AND ARE ALREADY PROFICIENT IN THE LANGUAGES OF SPANISH OR PORTUGUESE. NEW STUDENTS WHO ARE ABLE TO DEMONSTRATE THROUGH A SCREENING TEST THAT THEY ARE PROFICIENT IN THE LANGUAGE TRACK THEY ARE APPLYING FOR WILL BE ABLE TO ENROLL IN THIS PROGRAM AS WELL. BEAP OFFERS MORE ADVANCED SPANISH AND PORTUGUESE COURSES, INCLUDING HUMANITIES COURSES IN THE FOREIGN LANGUAGE IN ELEMENTARY AND AP COURSES IN UPPER SCHOOL. BESP SERVES STUDENTS WHO ARE NEW TO THE SCHOOL AND DO NOT HAVE KNOWLEDGE OF THE FOREIGN LANGUAGE. STUDENTS ENROLLED IN THIS PROGRAM ARE EXPOSED TO TWO FOREIGN LANGUAGE COURSES PER YEAR, BUT THE COURSES ARE NOT AS ADVANCED AS THE OTHER PROGRAM. ALL STUDENTS, REGARDLESS OF THE PROGRAM, ARE EXPECTED TO BECOME FULLY BILINGUAL AND BICULTURAL BY THE TIME THEY GRADUATE. THROUGH THE COURSES AND SCHOOL-WIDE ACTIVITIES, STUDENTS WILL BE IMMERSED IN THE SPANISH AND PORTUGUESE CULTURES, ALLOWING THEM TO DEVELOP BICULTURALISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana-Marie Codina Barlick Director | OfficerTrustee | 0.5 | $0 |
Ana Frost Director | Trustee | 0.5 | $0 |
Rafael Romero Director | OfficerTrustee | 0.5 | $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 | $189,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,126 |
| Total Program Service Revenue | $0 |
| Investment income | $2,560 |
| 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 | $191,686 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $147,209 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $463 |
| Fees for services: Accounting | $970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,595 |
| Insurance | $430 |
| All other expenses | $0 |
| Total functional expenses | $168,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,013 |
| 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 | $656,976 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $867,989 |
| Accounts payable and accrued expenses | $431 |
| 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 | $431 |
| Net assets without donor restrictions | $867,558 |
| 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 | $867,989 |
Grants Awarded
Over the last fiscal year, Downtown Doral Charter Schools Foundation Inc has awarded $147,209 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DOWNTOWN DORAL CHARTER ELEMENTARY | | | $52,250 |
DOWNTOWN DORAL CHARTER UPPER | | | $94,959 |