Nonprofit · EIN 20-1776950
ALTERNATIVE EDUCATION FOUNDATION INC
Also known as KENTWOOD PREP SCHOOL
Tax-exempt · DAVIE, FL 33314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $4,968,087 | $4,817,767 | $150,320 | $2,486,522 | $1,554,924 | $931,598 |
| July 31, 2024 | 990 | $4,952,381 | $4,636,834 | $315,547 | $1,805,395 | $1,024,117 | $781,278 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $44,224
- Program service revenue
- $4,701,779
- Investment income
- $272,102
- Net rental income
- -$50,018
- Other revenue
- -$50,018
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $8,363
- Salaries, compensation and benefits (total)
- $155,670
- Professional fundraising fees
- $0
- Legal fees
- $33,554
- Accounting fees
- $10,300
- Occupancy
- $465,979
- Travel
- $24,853
- Program services (functional)
- $4,483,742
- Management and general (functional)
- $334,025
Balance sheet and other
- Total assets, start of year
- $1,805,395
- Total assets, end of year
- $2,486,522
- Total liabilities, end of year
- $1,554,924
- Net assets, end of year
- $931,598
- Land, buildings and equipment
- $1,086,356
- Net assets without donor restrictions
- $931,598
- Gross receipts
- $5,033,835
- Employees
- 0
- Year formed
- 2004
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christy Hierholzer | Vice President Trustee or director | 5 | $0 |
| Lisa Rabinsky | Board Member Trustee or director | 5 | $0 |
| Gregory Serfer | Officer Trustee or director | 5 | $0 |
| Mark Stavitsky | President Trustee or director | 5 | $0 |
| Clarence Thomas | Board Member Trustee or director | 5 | $0 |
| Roberta Randel | Secretary Trustee or director | 5 | $0 |
| Lance Fein | Executive Dir. Officer | 40 | $0 |
990 for the year ended July 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christy Hierholzer | Vice President Trustee or director | 0 | $0 |
| Lisa Rabinsky | Board Member Trustee or director | 0 | $0 |
| Gregory Serfer | Officer Trustee or director | 0 | $0 |
| Mark Stavitsky | President Trustee or director | 0 | $0 |
| Lance Fein | Executive Dir. Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 4650 SW 61ST AVE, DAVIE, FL 33314-4406
- Mailing address (990-N for 2007)
- 4650 SW 61 Avenue, Davie FL 33314
- Principal officer (990-N for 2007)
- Tracy Walsh, 96 Wimbledon LAKES, Plantation FL 33324
- Signed the 990
- Lance Fein, President
- Phone
- (954) 327-4377
- Return prepared by
- Hammer Navarro Tanoli And Associates
Mission
To provide alternative education for children grades K-12.
Program accomplishments
- Education of children grades K-12.Expenses $4,483,742
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 20-1776950
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $2,486,522
- Income (IRS master file)
- $5,033,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $4,968,087 | $4,817,767 | $2,486,522 | IRS |
| 990 | July 2024 | $4,952,381 | $4,636,834 | $1,805,395 | XML |
| 990 | July 2022 | $3,465,678 | $3,334,495 | $821,661 | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: Tracy Walsh | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1776950).
Questions about ALTERNATIVE EDUCATION FOUNDATION INC
- What is the EIN of ALTERNATIVE EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of ALTERNATIVE EDUCATION FOUNDATION INC is 20-1776950.
- Is ALTERNATIVE EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to ALTERNATIVE EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALTERNATIVE EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALTERNATIVE EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALTERNATIVE EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of ALTERNATIVE EDUCATION FOUNDATION INC?
- The 990-N for 2007 names Tracy Walsh.
- Who are the officers and directors of ALTERNATIVE EDUCATION FOUNDATION INC?
- The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ALTERNATIVE EDUCATION FOUNDATION INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $4,968,087, expenses of $4,817,767 and total assets of $2,486,522 at year end.
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