2024-05-09T16:49:07-05:00 2023-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 6550 N FEDERAL HIGHWAY 4TH FLOOR FT LAUDERDALE FL 33308 990 2022-07-01 311748540 THE FLORIDA CHARTER EDUCATIONAL FOUNDATION INC FLOR 9542023500 800 CORPORATE DRIVE 124 FORT LAUDERDALE FL 33334 VALORA COLE CHAIR 9542023500 2024-05-09 1 VALORA COLE 999009999 1 WILLIAM G BENSON P00455500 9547710896 2024-05-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z VALORA COLE 800 CORPORATE DRIVE 124 FORT LAUDERDALE FL 33334 180224576 0 X N/A X 2000 FL THE FOUNDATION OPERATES WINTHROP CHARTER SCHOOL, WINTHROP COLLEGE PREP ACADEMY, WOODMONT CHARTER SCHOOL, KEYS GATE CHARTER SCHOOL, HENDERSON HAMMOCK CHARTER SCHOOL, CLAY CHARTER ACADEMY, SOUTHSHORE CHARTER ACADEMY, WATERSET CHARTER SCHOOL, CREEKSIDE CHARTER ACADEMY, UNION PARK CHARTER ACADEMY AND INNOVATION PREPARATORY ACADEMY. 4 4 0 921 0 0 12954625 9415202 89433984 101566028 -27971 726282 125439 2868733 102486077 114576245 0 0 0 0 48457150 55280700 0 0 0 58144439 63313910 106601589 118594610 -4115512 -4018365 192676238 193775713 195517237 200642378 -2840999 -6866665 X THE FOUNDATION IS A NONPROFIT ORGANIZATION CREATED FOR THE PURPOSE OF OPERATING CHARTER SCHOOLS. AS OF JUNE 30, 2023, THERE ARE ELEVEN SCHOOLS OPERATED BY THE FOUNDATION. THEY ARE LOCATED IN MIAMI-DADE, HILLSBOROUGH, PASCO AND CLAY COUNTIES, FLORIDA. 0 0 21592995 24760526 OPERATING UNDER THE 2020 BOND PROGRAM, THREE SCHOOLS, WINTHROP CHARTER, WOODMONT CHARTER, AND WINTHROP COLLEGE PREP ACADEMY PROVIDE EDUCATION SERVICES TO KINDERGARTEN THROUGH TWELFTH GRADE IN HILLSBORO COUNTY, FLORIDA. 16826833 19553693 KEYS GATE CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN MIAMI-DADE COUNTY, FLORIDA 14800185 17573956 OPERATING UNDER THE 2023 BOND PROGRAM, TWO SCHOOLS, HENDERSON HAMMOCK CHARTER AND INNOVATION PREP ACADEMY, PROVIDE EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN HILLSBORO AND PASCO COUNTIES, FLORIDA. 15066513 17218411 OPERATING UNDER THE 2016 BOND PROGRAM, TWO SCHOOLS, CLAY CHARTER ACADEMY AND SOUTH SHORE CHARTER, PROVIDE EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN CLAY AND HILLSBORO COUNTIES, FLORIDA. 11061936 14161994 OPERATING UNDER THE 2018 BOND PROGRAM, TWO SCHOOLS, CREEKSIDE CHARTER ACADEMY AND UNION PARK CHARTER ACADEMY, PROVIDE EDUCATION SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE IN HILLSBORO AND PASCO COUNTIES, FLORIDA. 8555145 11166181 WATERSET CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO KINDERGARTEN TO EIGHTH GRADE IN HILLSBORO COUNTY, FLORIDA. 34683594 42546586 87903607 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X X CHARTER SCHOOLS USA INC 9542023500 800 CORPORATE DRIVE 124 FORT LAUDERDALE FL 33334 X VALORA COLE CHAIR 2.00 X X 0 0 0 ERIC JOHNSON VICE CHAIR 1.00 X X 0 0 0 RANDY WALKER TREASURER 1.00 X X 0 0 0 STEVE KNOBL SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 SAVVAS LEARNING CO LLC 15 EAST MIDLAND AVENUE STE 502 PARAMUS NJ 07652 EDUCATION SERVICES 1942013 10JIN LLC 800 CORPORATE DR STE 424 FORT LAUDERDALE FL 33334 TECH SUPPORT 1479166 2 8720117 695085 9415202 PROGRAM SERVICES 611600 98691064 98691064 BEFORE AND AFTER CARE 611600 2232345 2232345 FOOD SERVICES 611600 642619 642619 101566028 716421 716421 65658192 65648331 9861 9861 9861 MISCELLANEOUS INCOME 900099 2868733 2868733 2868733 114576245 104434761 0 726282 X 46216533 40153985 6062548 5898430 4627340 1271090 3165737 2483532 682205 15637263 6773548 8863715 842215 109120 733095 171859 101894 69965 1038688 415476 623212 1433663 1385751 47912 104075 58721 45354 11064017 11064017 10008918 9643276 365642 1110502 1061907 48595 REPAIRS AND MAINTENANCE 5384976 5056065 328911 MATERIALS AND SUPPLIES 4362554 4177118 185436 CAFETERIA 4075235 4075235 SCHOOL BOARD FEES 3951558 3951558 4128387 3829081 299306 118594610 87903607 30691003 0 16145808 14490064 15962231 16379386 325000 25000 500590 1732271 212217846 53610512 158508709 158607334 1233900 2541658 192676238 193775713 5624230 6164424 15000 14597 101934976 147514883 87943031 46948474 195517237 200642378 X -2840999 -6866665 -2840999 -6866665 192676238 193775713 -4018365 -7301 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 182186813 29616333 152570480 3268799 1946566 1322233 26762234 22047613 4714621 158607334 DUE TO OTHER ENTITIES 1033895 BONDS PAYABLE, NET OF UNAMORTIZED PREMIUM/DISCOUNT 2329212 CAPITAL LEASE 41785703 COMPENSATED ABSENCES 464327 CUSTODIAL FUNDS 1335337 46948474 111617450 0 111617450 7301 2951494 2958795 114576245 115643116 0 115643116 2951494 2951494 118594610 PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOOL BOARD FEES REFUND 2,951,494. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOOL BOARD FEES REFUND 2,951,494. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOUNDATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER FLORIDA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUCEMENTS AND PUBLICATIONS. SCHEDULE E, PART I, LINE 6 THE FOUNDATION RECEIVES COMPENSATION FOR SERVICES IN THE FORM OF AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERNMENTS, WHICH ALSO INCLUDES FUNDING FOR STUDENT ENROLLMENT. A FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 2014-07-01 13400000 PROVIDE FUNDS FOR ACQUISITION, CONSTRUCTION, & EQUIPPING CHARTER SCHOOLS 0 0 0 B FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 2016-12-13 40900000 PROVIDE FUNDS FOR ACQUISITION, CONSTRUCTION, & EQUIPPING CHARTER SCHOOLS 0 0 0 C FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 2018-09-17 26285000 PROVIDE FUNDS FOR ACQUISITION, CONSTRUCTION, & EQUIPPING CHARTER SCHOOLS 0 0 0 D FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 2020-11-01 29770000 PROVIDE FUNDS FOR ACQUISITION, CONSTRUCTION, & EQUIPPING CHARTER SCHOOLS 0 0 0 A 13400000 13400000 1181875 392212 266437 11559476 2044 0 0 1 1 B 4523595 40900000 3074038 1312442 805978 32500000 2046 0 0 1 0 C 1162861 26285000 1822594 310717 1161700 25921444 2048 0 0 0 0 D 29770000 2048987 1500000 601437 2050 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 1 0 0 NOT APPLICABLE 0 0 0 NOT APPLICABLE 0 0 0 B 0 0 0 0 0 0 NOT APPLICABLE 0 0 0 NOT APPLICABLE 0 0 0 C 0 0 0 0 0 0 NOT APPLICABLE 0 0 0 NOT APPLICABLE 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF LA PAZ ARIZONA 2023-04-20 28490000 PROVIDE FUNDS FOR ACQUISITION, CONSTRUCTION, & EQUIPPING CHARTER SCHOOLS 0 0 0 B FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 2020-11-01 32480000 PROVIDE FUNDS FOR ACQUISITION, CONSTRUCTION, & EQUIPPING CHARTER SCHOOLS 0 0 0 A 205788 28490000 1181875 554782 27427869 2030 1 0 1 1 B 200000 32280000 2318101 2050 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HIRED A PROFESSIONAL CHARTER SCHOOL MANAGEMENT COMPANY TO OVERSEE THE DAY TO DAY OPERATIONS OF CLAY CHARTER ACADEMY, KEYS GATE CHARTER SCHOOL, HENDERSON HAMMOCK CHARTER SCHOOL, WINTHROP CHARTER SCHOOL, AND WOODMONT CHARTER SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BY THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM. IT WAS REVIEWED AND APPROVED BY THE GOVERNING BOARD PRIOR TO GOVERNMENT SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED DURING THE ANNUAL AUDIT. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST THAT OCCURED DURING THE YEAR UNDER AUDIT. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY. FORM 990, PART IX, LINE 11G CONTRACTED AND VENDOR SERVICES: PROGRAM SERVICE EXPENSES 6,759,523. MANAGEMENT AND GENERAL EXPENSES 7,852,670. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,612,193. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 14,025. MANAGEMENT AND GENERAL EXPENSES 1,011,045. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,025,070. FORM 990, PART XII, 2C THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS. THE PROCESS HAS NOT CHANGED OVER THE PAST YEAR. FORM 990, PART XII, 3B AN AUDIT AS REQUIRED AS SET FORTH IN THE SINGLE AUDIT ACT WAS PERFORMED.