IDEA FLORIDA INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- IDEA FLORIDA INC (EIN 84-3519271)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-04-01
- IRS object ID
- 202540919349300349
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-01T15:21:42-04:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 993868472 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MKA ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 S NEW YORK AVE STE 100 | AddressLine1Txt |
| City | WINTER PARK | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 327894241 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 843519271 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDEA FLORIDA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IDEA | BusinessNameControlTxt |
| Phone | 9563326311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O IDEA HOPE 5050 E 10TH AVE | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33619 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICH BILLINGS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9563326311 | PhoneNum |
| Signature | 2025-04-01 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | W ED MOSS JR | PreparerPersonNm |
| PTIN | P00531414 | PTIN |
| Phone | 4076445811 | PhoneNum |
| Preparation | 2025-04-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRISTINA BARKER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O IDEA HOPE 5050 E 10TH AVE | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $74,347,081 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | IDEAPUBLICSCHOOLS.ORG/STATES/FLORIDA/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | IDEA FLORIDA PROVIDES TUITION-FREE EDUCATION TO COLLEGE BOUND STUDENTS IN FLORIDA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $51,759,566 | PYContributionsGrantsAmt |
| CY Contributions Grants | $74,030,847 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $316,234 | CYOtherRevenueAmt |
| PY Total Revenue | $51,759,566 | PYTotalRevenueAmt |
| CY Total Revenue | $74,347,081 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,192,483 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,181,451 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $23,301,237 | PYOtherExpensesAmt |
| CY Other Expenses | $63,592,018 | CYOtherExpensesAmt |
| PY Total Expenses | $51,493,720 | PYTotalExpensesAmt |
| CY Total Expenses | $64,773,469 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $265,846 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,573,612 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $38,237,857 | TotalAssetsBOYAmt |
| Total Assets EOY | $163,773,698 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $37,856,016 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $153,818,245 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $381,841 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,955,453 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | IDEA FLORIDA PREPARES STUDENTS FROM UNDERSERVED COMMUNITIES TO BE SUCCESSFUL COLLEGE STUDENTS AND RESPONSIBLE CITIZENS BY PROVIDING EDUCATIONAL SERVICES TO STUDENTS. IDEA FLORIDA SERVES STUDENTS IN GRADES K-9 AND WILL GROW TO SERVE GRADES K-12 WHEN FULLY SCALED. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $58,579,418 | ExpenseAmt |
| Desc | IDEA PUBLIC SCHOOLS BELIEVES EACH AND EVERY CHILD CAN GO TO COLLEGE. SINCE 2000, IDEA PUBLIC SCHOOLS HAS GROWN FROM A SMALL SCHOOL WITH 150 STUDENTS TO A NATIONAL NETWORK OF TUITION-FREE K-12 PUBLIC CHARTER SCHOOLS IN THE UNITED STATES. THE NETWORK CURRENTLY SERVES OVER 80,000 COLLEGE-BOUND STUDENTS IN 143 SCHOOLS. THROUGH SMALL LEARNING GROUPS AND DAILY ACCESS TO TECHNOLOGY, EVERY STUDENT LEARNS AT THE LEVEL AND SPEED JUST RIGHT FOR THEM. TEACHERS BRING SUBJECT MATTER EXPERTISE AND AN UNWAVERING COMMITMENT TO SET EACH STUDENT ON A PATH TO SUCCESS. PARENTS, TEACHERS, AND ADMINISTRATORS WORK AS A TEAM TO HELP EACH STUDENT REACH THEIR FULL POTENTIAL. FOR THE 2023-2024 ACADEMIC YEAR, IDEA FLORIDA SERVED 1,689 STUDENTS ACROSS FOUR CAMPUSES IN THE TAMPA BAY AREA. IDEA FLORIDA ALSO OPENED FOUR ADDITIONAL SCHOOLS IN THE JACKSONVILLE AREA, SERVING 1,411 STUDENTS. THE SCHOOLS OPENED WITH GRADES K-9 AND WILL GROW TO SERVE GRADES K-12 WHEN FULLY SCALED. | Desc |
| Total Program Service Expenses | $58,579,418 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 59 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES DWORKIN | PersonNm |
| Phone | 9563778000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2115 WEST PIKE BLVD | AddressLine1Txt |
| City | WESLACO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78596 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| JAMES HARTMAN | ||||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $0 | $175,516 | $15,384 | |||
| SIMARAN BAKSHI | ||||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $0 | $174,101 | $14,933 | |||
| CURTIS LAWRENCE | ||||||||
| PRINCIPAL | 40.00 | $136,278 | $0 | $15,245 | Yes (X) | |||
| JANINE VALENTIN | ||||||||
| MANAGING DIR | 40.00 | $0 | $126,273 | $9,935 | Yes (X) | |||
| LATOYA MCGHEE | ||||||||
| PRINCIPAL | 40.00 | $118,452 | $0 | $8,951 | Yes (X) | |||
| KATOYA MCCASKILL | ||||||||
| PRINCIPAL | 40.00 | $112,208 | $0 | $9,339 | Yes (X) | |||
| LATOYA SPANN | ||||||||
| PRINCIPAL | 40.00 | $108,739 | $0 | $11,007 | Yes (X) | |||
| RENEE BAKER | ||||||||
| TREASURER | 6.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| CHRISTINA BARKER | ||||||||
| CHAIR | 6.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| GARY CHARTRAND | ||||||||
| DIRECTOR | 6.00 | $0 | $0 | $0 | Yes (X) | |||
| NICK RHODES | ||||||||
| DIRECTOR | 6.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $475,677 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $475,890 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $84,794 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| IPS ENTERPRISES INC | |||||
| 2115 WEST PIKE BLVD | WESLACO | TX | 78596 | MANAGEMENT SERV | $31,486,076 |
| CHARTER ASSET MANAGEMENT FUND LLP | |||||
| 530 LYTTON AVE | PALO ALTO | CA | 94301 | MANAGEMENT SERV | $4,033,818 |
| US FOODS INC | |||||
| 9399 W HIGGINS RD STE 500 | ROSEMONT | IL | 60018 | SCHOOL FOOD | $1,371,267 |
| WORKSPACE INTERIORS | |||||
| PO BOX 88040 | CHICAGO | IL | 606801040 | INTERIOR REPAIR | $1,099,353 |
| AMPLIFY EDUCATION | |||||
| 55 WASHINGTON ST STE 900 | BROOKLYN | NY | 11201 | EDUCATIONAL | $843,695 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $30,888,387 | RelatedOrganizationsAmt |
| Government Grants | $42,113,691 | GovernmentGrantsAmt |
| All Other Contributions | $1,028,769 | AllOtherContributionsAmt |
| Total Contributions | $74,030,847 | TotalContributionsAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Total Revenue Column | $316,234 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $316,234 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $316,234 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $74,347,081 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $316,234 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $999,618 | TotalAmt |
| Program Services | $999,618 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,997 | TotalAmt |
| Program Services | $38,997 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,935 | TotalAmt |
| Program Services | $78,872 | ProgramServicesAmt |
| Management And General | $2,063 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,901 | TotalAmt |
| Program Services | $61,901 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,578 | TotalAmt |
| Program Services | $110,549 | ProgramServicesAmt |
| Management And General | $97,029 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,854,818 | TotalAmt |
| Program Services | $33,841,279 | ProgramServicesAmt |
| Management And General | $5,013,539 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,853,637 | TotalAmt |
| Program Services | $3,627,374 | ProgramServicesAmt |
| Management And General | $226,263 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,949 | TotalAmt |
| Management And General | $38,949 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,512,105 | TotalAmt |
| Program Services | $14,457,982 | ProgramServicesAmt |
| Management And General | $54,123 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,126 | TotalAmt |
| Program Services | $323,793 | ProgramServicesAmt |
| Management And General | $120,333 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $504,710 | TotalAmt |
| Management And General | $504,710 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $833,451 | TotalAmt |
| Program Services | $813,403 | ProgramServicesAmt |
| Management And General | $20,048 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,792,480 | TotalAmt |
| Program Services | $1,792,480 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROGRAM SUPPLIES | $2,213,184 | $2,151,450 | $61,734 |
| REPAIRS & MAINTENANCE | $196,485 | $196,485 | |
| TELECOMMUNICATIONS | $109,904 | $64,644 | $45,260 |
| PROFESSIONAL DEVELOPMENT | $18,750 | $18,750 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,841 | TotalAmt |
| Program Services | $1,841 | ProgramServicesAmt |
| Management And General | $10,000 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,773,469 | TotalAmt |
| Program Services | $58,579,418 | ProgramServicesAmt |
| Management And General | $6,194,051 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,027,060 | BOYAmt |
| EOY | $6,721,447 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,869,655 | BOYAmt |
| EOY | $2,340,450 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,971 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,049,041 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,265,849 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,887,108 | BOYAmt |
| EOY | $4,783,192 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,330,063 | BOYAmt |
| EOY | $149,928,609 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,237,857 | BOYAmt |
| EOY | $163,773,698 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,098,307 | BOYAmt |
| EOY | $6,892,738 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,960,166 | BOYAmt |
| EOY | $933,720 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $638,037 | BOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,500,000 | BOYAmt |
| EOY | $2,039,082 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,659,506 | BOYAmt |
| EOY | $143,952,705 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,856,016 | BOYAmt |
| EOY | $153,818,245 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,142,813 | BOYAmt |
| EOY | $7,703,315 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,524,654 | BOYAmt |
| EOY | $2,252,138 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $381,841 | BOYAmt |
| EOY | $9,955,453 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,237,857 | BOYAmt |
| EOY | $163,773,698 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $9,573,612 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,901,232 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,265,849 | DepreciationAmt |
| Book Value | $4,635,383 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $147,809 | OtherCostOrOtherBasisAmt |
| Book Value | $147,809 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,783,192 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OPERATING LEASE RIGHT OF USE ASSET | $142,447,778 |
| DUE FROM MANAGEMENT COMPANY | $7,450,279 |
| DEPOSITS | $30,552 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $149,928,609 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $143,952,705 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $143,952,705 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $74,347,081 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $74,347,081 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $74,347,081 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $64,773,469 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $64,773,469 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $64,773,469 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE NONDISCRIMINATORY POLICY IS PUBLISHED ON THE SCHOOL'S WEBSITE. |
| SCHEDULE E, LINE 6 | THE ORGANIZATION IS AN OPEN ENROLLMENT CHARTER SCHOOL, WHICH RECEIVES SUBSTANTIAL SUPPORT FROM THE FLORIDA DEPARTMENT OF EDUCATION AS WELL AS SUPPORT FROM THE U.S. DEPARTMENT OF AGRICULTURE AND THE U.S. DEPARTMENT OF EDUCATION. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|---|---|
| JAMES HARTMAN | ||||||||
| EXECUTIVE DIRECTOR | $175,516 | $7,215 | $8,169 | $190,900 | ||||
| SIMARAN BAKSHI | ||||||||
| EXECUTIVE DIRECTOR | $174,101 | $7,133 | $7,800 | $189,034 | ||||
| CURTIS LAWRENCE | ||||||||
| PRINCIPAL | $136,278 | $5,945 | $9,300 | $151,523 | ||||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | IDEA FLORIDA PREPARES STUDENTS FROM UNDERSERVED COMMUNITIES TO BE SUCCESSFUL COLLEGE STUDENTS AND RESPONSIBLE CITIZENS BY PROVIDING EDUCATIONAL SERVICES TO STUDENTS. IDEA FLORIDA SERVES STUDENTS IN GRADES K-9 AND WILL GROW TO SERVE GRADES K-12 WHEN FULLY SCALED. |
| FORM 990, PAGE 2, PART III, LINE 4A | IDEA PUBLIC SCHOOLS BELIEVES EACH AND EVERY CHILD CAN GO TO COLLEGE. SINCE 2000, IDEA PUBLIC SCHOOLS HAS GROWN FROM A SMALL SCHOOL WITH 150 STUDENTS TO A NATIONAL NETWORK OF TUITION-FREE K-12 PUBLIC CHARTER SCHOOLS IN THE UNITED STATES. THE NETWORK CURRENTLY SERVES OVER 80,000 COLLEGE-BOUND STUDENTS IN 143 SCHOOLS. THROUGH SMALL LEARNING GROUPS AND DAILY ACCESS TO TECHNOLOGY, EVERY STUDENT LEARNS AT THE LEVEL AND SPEED JUST RIGHT FOR THEM. TEACHERS BRING SUBJECT MATTER EXPERTISE AND AN UNWAVERING COMMITMENT TO SET EACH STUDENT ON A PATH TO SUCCESS. PARENTS, TEACHERS, AND ADMINISTRATORS WORK AS A TEAM TO HELP EACH STUDENT REACH THEIR FULL POTENTIAL. FOR THE 2023-2024 ACADEMIC YEAR, IDEA FLORIDA SERVED 1,689 STUDENTS ACROSS FOUR CAMPUSES IN THE TAMPA BAY AREA. IDEA FLORIDA ALSO OPENED FOUR ADDITIONAL SCHOOLS IN THE JACKSONVILLE AREA, SERVING 1,411 STUDENTS. THE SCHOOLS OPENED WITH GRADES K-9 AND WILL GROW TO SERVE GRADES K-12 WHEN FULLY SCALED. |
| FORM 990, PAGE 6, PART VI, LINE 3 | IDEA FLORIDA, INC. (IDEA FLORIDA) EXECUTED A MANAGEMENT SERVICES AGREEMENT WITH IPS ENTERPRISES, INC. (IPS), A RELATED TAX-EXEMPT ORGANIZATION THAT SUPPORTS CHARTER SCHOOLS WITHIN THE IDEA NETWORK, INCLUDING IDEA FLORIDA. IPS PROVIDES IDEA FLORIDA WITH SCHOOL MANAGEMENT SERVICES, WHICH INCLUDE THE PROVISION OF TEACHERS, ADMINISTRATORS, AND OTHER STAFF. IPS BILLS IDEA FLORIDA FOR CONTRACTED SERVICES AND A MANAGEMENT FEE. IPS EMPLOYS AND PAYS ALL STAFF EXCEPT FOR THE SCHOOL PRINCIPALS WHICH ARE EMPLOYED DIRECTLY BY IDEA FLORIDA. KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES OF IDEA FLORIDA ARE COMPENSATED THROUGH THIS ARRANGEMENT AS FOLLOWS: EXECUTIVE DIRECTOR, JAMES HARTMAN: 190,900 EXECUTIVE DIRECTOR, SIMARAN BAKSHI: 189,034 MANAGING DIRECTOR OF OPERATIONS, JANINE VALENTIN: 136,209 IPS PAID ADDITIONAL STAFF A COMBINED TOTAL OF 27,228,078.73 IN COMPENSATION FOR SERVICES PERFORMED FOR IDEA FLORIDA. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD OF IDEA FLORIDA, INC. MONITORS POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE ORGANIZATION'S EXECUTIVE DIRECTOR AND REGIONAL VP OF SCHOOLS ARE EMPLOYED BY IPS ENTERPRISES, INC. (IPS) UNDER A MANAGEMENT SERVICES AGREEMENT. THEREFORE, THE ORGANIZATION DOES NOT DETERMINE THE COMPENSATION OF THESE INDIVIDUALS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION'S EXECUTIVE DIRECTOR AND REGIONAL VP OF SCHOOLS ARE EMPLOYED BY IPS ENTERPRISES, INC. (IPS) UNDER A MANAGEMENT SERVICES AGREEMENT. THEREFORE, THE ORGANIZATION DOES NOT DETERMINE THE COMPENSATION OF THESE INDIVIDUALS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST |
| FORM 990, PART IX, LINE 11G | MISCELLANEOUS CONTRACTED SERV 0 376,202 0 MISCELLANEOUS CONTRACTED SERV 0 532,307 0 MISCELLANEOUS CONTRACTED SERV 0 270 0 MISCELLANEOUS CONTRACTED SERV 0 7,806 0 CONSULTING SERVICES 0 16,054 0 MISCELLANEOUS CONTRACTED SERV 0 227,802 0 MISCELLANEOUS CONTRACTED SERV 0 1,732,949 0 MISCELLANEOUS CONTRACTED SERV 0 1,720,927 0 MISCELLANEOUS CONTRACTED SERV 0 24,368 0 MISCELLANEOUS CONTRACTED SERV 0 21,608 0 MISCELLANEOUS CONTRACTED SERV 0 1,858 0 MISCELLANEOUS CONTRACTED SERV 0 4,233 0 MISCELLANEOUS CONTRACTED SERV 0 109,961 0 MISCELLANEOUS CONTRACTED SERV 0 127,194 0 MISCELLANEOUS CONTRACTED SERV 0 110,000 0 CONTRACT SERVICES 33,841,279 0 0 TOTAL 33,841,279 5,013,539 0 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IPS ENTERPRISES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2115 WEST PIKE BLVD | AddressLine1Txt |
| City | WESLACO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78596 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 844633153 | EIN |
| Primary Activities | MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 12A | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDEA PUBLI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE R, PART II: IDEA FLORIDA, INC. (IDEA FLORIDA) EXECUTED A MANAGEMENT SERVICES AGREEMENT WITH IPS ENTERPRISES, INC. (IPS), A RELATED TAX-EXEMPT ORGANIZATION THAT SUPPORTS CHARTER SCHOOLS WITHIN THE IDEA NETWORK, INCLUDING IDEA FLORIDA. IPS PROVIDES IDEA FLORIDA WITH SCHOOL MANAGEMENT SERVICES, WHICH INCLUDE THE PROVISION OF TEACHERS, ADMINISTRATORS, AND OTHER STAFF. THEREFORE, IPS EMPLOYS AND PAYS ALL STAFF EXCEPT FOR THE SCHOOL PRINCIPALS WHICH ARE EMPLOYED DIRECTLY BY IDEA FLORIDA. IPS BILLS IDEA FLORIDA FOR CONTRACTED SERVICES AND A MANAGEMENT FEE. | ExplanationTxt |