2025-03-06T12:45:54-06:00 2024-06-30 204989621 VERDEJA & ALVAREZ LLP 255 ALHAMBRA CIR STE 630 CORAL GABLES FL 331347417 990 2023-07-01 832718205 FLORIDA CHARTER SCHOOL ORGANIZATION INC FLOR 9546033303 11421 NW 56TH DRIVE CORAL SPRINGS FL 33076 JOSE CERVANTES DIRECTOR 9546033303 2025-03-06 1 1 OCTAVIO A VERDEJA P00640853 3054463177 2025-03-05 2023 2025-03-06 01:10:19Z JOSE CERVANTES 11421 NW 56TH DRIVE CORAL GABLES FL 33076 5316770 0 X WWW.SUMMITACADEMY.ORG X 2018 FL 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. 3 3 52 10 0 0 0 0 4072457 5316770 0 0 0 0 4072457 5316770 0 0 0 0 2314238 2545815 0 0 0 2036544 2605580 4350782 5151395 -278325 165375 5187590 5380761 5292757 5320553 -105167 60208 X 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. 0 0 3588946 IN 2024, SUMMIT ACADEMY CHARTER SCHOOL ACHIEVED SEVERAL SIGNIFICANT MILESTONES THAT REFLECT OUR UNWAVERING COMMITTMENT TO ACADEMIC EXCELLENCE AND STUDENT SUCCESS.15-YEAR CHARTER RENEWAL: OUR SCHOOLWAS AWARDED A 15=YEAR CHARTER RENEWAL, A TESTAMENT TO OUR STRONG ACADEMIC PERFORMANCE, SOUND GOVERNANCE, AND FINANCIAL STABILITY. THIS LONG-TERM RENEWAL ENSURES THAT WE CAN CONTINUE PROVIDING A HIGH-QUALITY EDUCATION FOR YEARS TO COME."A" SCHOOL RATING: SUMMIT ACADEMY ONCE AGAIN DEMONSTRATED OUTSTANDING STUDENT ACHIEVEMENT AND ACADEMIC GROWTH, EARNING AN "A" SCHOOL RATING FROM THE FLORIDA DEPARTMENT OF EDUCAATION. THIS RECOGNITION HIGHLIGHTS OUR DEDICATION TO FOSTERING A RIGOROUS AND ENGAGING LEARNING ENVIRONMENT.COGNIA ACCREDITATION: WE ARE PROUD TO ANNOUNCE THAT SUMMIT ACADEMY HAS BEEN OFFICIALLY ACCREDITED BY COGNIA, AFFIRMING OUR ADHERENCE TO HIGH STANDARDS OF EDUCATIONAL EXCELLENCE AND CONTINUOUS IMPROVEMENT. THIS ACCREDITATION REINFORCES OUR COMMITMENT TO DELIVERING A WORLD-CLASS EDUCATION TO OUR STUDENTS.THESE ACCOMPLISHMENTS REFLECT THE HARD WORK AND DEDICATION OF OUR STUDENTS, TEACHERS, STAFF, AND LEADERSHIP TEAM. WE REMAIN STEADFAST IN OUR MISSION TO EMPOWER STUDENTS WITH THE KNOWLEDGE, SKILLS, AND CHARACTER NECESSAY FOR LIFELONG SUCCESS. 3588946 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 52 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 FL X BUILDING HOPE 9546033303 11421 NW 56TH DRIVE CORAL SPRINGS FL 33076 REGLA ALVAREZ DIRECTOR 1.00 X 0 0 0 GEM VASQUEZ DIRECTOR 1.00 X 0 0 0 JOSE CERVANTES DIRECTOR 1.00 X 0 0 0 GUSTAVO PRATS PRINCIPAL 40.00 X 124937 0 0 124937 0 0 1 0 0 0 CHARTER SCHOOL PARTNERS 11421 NW 56 DR CORAL SPRINGS FL 33076 EDUCATIONAL SERVICE PROVIDER 328534 IPOWER TECHNOLOGIES 6111 BROKEN SOUND PARKWAY NW STE 1 BOCA RATON FL 33076 IT PROVIDER 185888 CHEBERE APPETITE 5371 NW 161ST STREET MIAMI GARDENS FL 33014 LUNCH CATERING 147740 3 GOVERNMENT AGENCIES 5178604 5178604 LUNCH WITH NSLP 138166 138166 5316770 5316770 5316770 0 0 X 2178176 1978686 199490 200433 184398 16035 167206 151945 15261 983976 156720 827256 18265 18265 264116 216119 47997 251674 251674 642342 513874 128468 101043 80834 20209 FOODS 155193 155193 UTILITIES 100221 80177 20044 REPAIRS AND MAINTENANCE 88750 71000 17750 5151395 3588946 1562449 0 266124 442061 37500 498045 303325 50926 194720 4870540 4706480 5187590 5380761 146467 528745 5146290 4791808 5292757 5320553 X -105167 60208 -105167 60208 5187590 5380761 165375 0 X 0 1 X 1 0 X 99258 63091 36167 398787 240234 158553 194720 DUE FROM OTHER AGENCIES 482832 RIGHT OF USE ASSETS 4113648 SECURITY DEPOSITS 110000 4706480 RIGHT OF USE LIABILITY 4791808 4791808 X 5316770 0 5316770 0 5316770 5151395 0 5151395 0 5151395 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/24, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2021. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SUMMIT ACADEMY CHARTER SCHOOL ADMITS QUALIFIED STUDENTS, IRRESPECTIVE OF RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, SEXUAL ORIENTATION OR DISABILITY. ALL STUDENTS ARE AFFORDED THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO SUMMIT ACADEMY STUDENTS. THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OR RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, SEXUAL ORIENTATION OR DISABILITY IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAM, ADMISSION, FINANCIAL AID AND LOANS, ATHLETIC OR OTHER SCHOOL POLICIES. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTORS WILL EXAMINE THIS RETURN, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 156,720. MANAGEMENT AND GENERAL EXPENSES 827,256. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 983,976.