2026-01-07T11:14:16-08:00 2025-06-30 200676201 ROBERT I WALKER CPA 2803 W BUSCH BLVD SUITE 106 TAMPA FL 33618 990 2024-07-01 261413851 PALM BAY EDUCATION GROUP INC PALM 8502150770 1104 BALBOA AVE PANAMA CITY FL 32401 RON DANZEY EXECUTIVE DIRECTOR 8502150770 2026-01-07 true true Robert Walker CPA P00291149 8136248643 2024 2025-03-06 01:10:19Z RON DANZEY 1104 BALBOA AVE PANAMA CITY FL 32401 8219473 false X https://palmbayprep.org/ X 2007 FL TO OPERATE 3 PUBLIC CHARTER SCHOOLS IN THE STATE OF FLORIDA. 5 5 127 10 0 0 12000 0 8568313 6758520 0 1461622 1460953 10041935 8219473 0 0 0 0 0 9551614 9096128 9551614 9096128 490321 -876655 26804813 24949727 14010970 13032539 12793843 11917188 TO OPERATE 3 PUBLIC CHARTER SCHOOLS IN THE STATE OF FLORIDA. false false 8633840 0 8219473 TO PROVIDE A UNIQUE SCHOOL ENVIRONMENT WHICH EMPHASIZES HIGH ACADEMIC ACHIEVEMENT THROUGH THE USE OF STATE-OF-THE-ART TECHNOLOGY AND INNOVATIVE BUT PROVEN EDUCATIONAL METHODS. 8633840 true true false false false false false false false false true false false true true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 127 true false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false true false true false X X SCHOOL FINANCIAL SERVICES INC 8505474566 54 South Martin Street BONIFAY FL 32425 X BRETT HANSON CHAIRMAN 0.50 X X 0 0 0 SUE BUNCE VICE CHAIR 0.50 X X 0 0 0 DEREK MCDAVID SECRETARY/TREASURER 0.50 X X 0 0 0 HUDSON REHM MEMBER 0.50 X 0 0 0 REGINA STANLEY MEMBER 0.50 X 0 0 0 PATTY PHILLIPS PRINCIPAL 40.00 X 0 0 0 JEREMY KNAPP PRINCIPAL 40.00 X 0 0 0 RON DANZEY EXECUTIVE DIRECTOR 40.00 X 0 0 0 false false false FTE-PER STUDENT FUNDING 900099 5344604 0 0 FEDERAL FUNDS 900099 1322279 0 0 AFTERCARE 900099 71334 0 0 STUDENT LUNCHES 900099 20303 0 0 6758520 OTHER MISC. REVENUE 900099 1460953 1460953 0 0 1460953 8219473 8219473 0 0 340606 340606 0 0 1505488 1505488 0 0 INSTRUCTION 3631712 3631712 0 0 STUDENT SUPPORT SERVICES 283438 283438 0 0 INSTRUCTIONAL STAFF TRAINING 4532 4532 0 0 INSTRUCTIONAL TECHNOLOGY 135597 135597 0 0 3194755 2732467 462288 0 9096128 8633840 462288 0 1821130 1627797 574021 673636 405794 14019 67737 60231 217454 27906649 6579719 22723395 21326930 1220242 1022154 26804813 24949727 773581 458610 5444836 5268681 3250000 3000000 4542553 4305248 14010970 13032539 X 16857611 15724362 -4063768 -3807174 12793843 11917188 26804813 24949727 X -876655 X false true X true true true X 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1505200 1505200 23430875 5279457 18151418 1332435 250750 1081685 1144157 889417 254740 493982 160095 333887 21326930 DEFERRED OUTFLOWS RELATED TO PENSIONS 1022154 1022154 DEFERRED INFLOWS RELATED TO PENSIONS 790302 NET PENSION LIABILITY 3181059 LEASE PAYABLE 333887 4305248 X 8219473 8219473 8219473 9096128 9096128 9096128 Pt X, Line 2 The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination. true true true true true true true false false false false false false false false true false true Line 6b RECEIVES GRANTS THROUGH THE FLORIDA DEPT OF EDUCATION Line 3 THE SCHOOL PUBLICIZES THEIR RACIALLY NON-DISCRIMINATORY POLICY THROUGH NEWSPAPERS, DIRECT MAILINGS, OPEN HOUSES, AND OTHER MATERIALS REGARDING THE SCHOOL. NA Pt VI, Line 11b THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINAL 990 IS PROVIDED TO THE BOARD FOR APPROVAL. Pt VI, Line 12c AT EACH BOARD MEETING, THE AGENDA IS NOTATED TO REMIND BOARD MEMBERS TO RECUSE FROM VOTING ON ANY ITEM THAT MAY BE A CONFLICT OF INTEREST. Pt VI, Line 15b THE PRINCIPAL IS PAID IN ACCORDANCE WITH THE SCHOOL DISTRICTS PAY SCALE. Pt XI The Bay County School District approved a charter agreement for Palm Bay Preparatory Academy which consolidated the charters of Newpoint Bay High and Newpoint Bay Academy into a single charter 6-12 school. The charter was reassigned from Newpoint Bay, Inc. to Palm Bay Educational Group, Inc. Form 990, Part IX, Line 24e BOARD 462288. 0. 462288. 0. Form 990, Part IX, Line 24e SCHOOL ADMINISTRATION 951747. 951747. 0. 0. Form 990, Part IX, Line 24e INSTRUCTIONAL MEDIA 2954. 2954. 0. 0. Form 990, Part IX, Line 24e FISCAL SERVICES 166097. 166097. 0. 0. Form 990, Part IX, Line 24e FOOD SERVICES 499702. 499702. 0. 0. Form 990, Part IX, Line 24e INSTRUCTION CURRICULUM DEVELOPMENT 687. 687. 0. 0. Form 990, Part IX, Line 24e OPERATION OF PLANT 916383. 916383. 0. 0. Form 990, Part IX, Line 24e MAINTENANCE OF PLANT 39099. 39099. 0. 0. Form 990, Part IX, Line 24e COMMUNITY SERVICES 57159. 57159. 0. 0. Form 990, Part IX, Line 24e FACILITIES 98639. 98639. 0. 0.