2017-04-18T00:00:00-05:00 2016-06-30 592831281 CALER DONTEN LEVINE ET AL PA 505 SOUTH FLAGLER DR 900 WEST PALM BEACH FL 334015948 990 2015-07-01 943435402 OXBRIDGE ACADEMY FOUNDATION INC OXBR 5619729600 3151 NORTH MILITARY TRAIL WEST PALM BEACH FL 33409 SAMUEL CRUZ V PRES & CHIEF FINANCIAL OFFICER 5619729600 2017-04-20 1 THOMAS A PENCE JR P00141013 5618329292 2015 2021-01-29 14:40:06Z OXBRIDGE ACADEMY SAM CRUZ 3151 NORTH MILITARY TRAIL WEST PALM BEACH FL 33409 24972331 0 X WWW.OXBRIDGEACADEMY.ORG X 2008 FL TO OWN AND OPERATE A NON-PROFIT, INDEPENDENT HIGH SCHOOL. 9 8 257 100 11919 0 19989766 15787244 7049623 8896109 333 -85095 -480099 124120 26559623 24722378 0 0 0 0 13207265 13680143 0 0 359114 9025198 9760172 22232463 23440315 4327160 1282063 57612758 53586494 31262313 25953986 26350445 27632508 TO INSPIRE WISDOM THROUGH LEARNING IN AN ENVIRONMENT THAT FOSTERS INQUIRY, COLLABORATION, INNOVATION AND PERSONAL DISCOVERY. 0 0 17845213 8896109 OPERATION OF A NON-PROFIT, PRIVATE, CO-EDUCATIONAL, INDEPENDENT HIGH SCHOOL. 17845213 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 71 0 1 257 1 1 1 0 0 0 0 1 1 0 0 0 0 X 9 8 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X X SAM CRUZ 5619729600 3151 NORTH MILITARY TRAIL WEST PALM BEACH FL 33409 WILLIAM I KOCH CHAIRMAN 3.00 X X 0 0 0 RICHARD CALLAHAN SECRETARY 1.00 X X 0 0 0 DARLENE JORDAN DIRECTOR 1.00 X 0 0 0 ROBERT KAUFMAN DIRECTOR 1.00 X 0 0 0 KARIN LUTER DIRECTOR 1.00 X 0 0 0 ROBERT PARSONS PRESIDENT & CEO 60.00 X X 950000 0 96339 DAVID ROSOW DIRECTOR 1.00 X 0 0 0 ROBERT SIMSES DIRECTOR 1.00 X 0 0 0 CHRISTINA WING-O'DONNELL DIRECTOR 1.00 X 0 0 0 KAREN HINKLEY DIRECTOR OF STEAM 45.00 X 118019 0 17494 JOHN KLEMME HEAD OF SCHOOL & ACADEMIC DEAN 45.00 X 131538 0 18575 KELLY PRISCO DIRECTOR OF HEALTH & WELLNESS 45.00 X 118846 0 14036 STANLEY ROSS DEAN OF STUDENTS 45.00 X 135514 0 35897 DOUG SOCHA HEAD FOOTBALL COACH 45.00 X 131243 0 74628 JOHN WEGER FORMER TREASURER & CFO 45.00 X 223711 0 75360 BRIDGET BARATTA FORMER DIRECTOR OF PHILANTHROPY 45.00 X 133769 0 24388 1942640 0 356717 12 1 1 0 HEDRICK BROTHERS CONSTRUCTION INC 2200 CENTERPARK WEST DR STE 100 WPB FL 33409 CONSTRUCTION SERVICES 1001704 CHENEY BROTHERS ONE CHENEY WAY RIVIERA BEACH FL 334047000 FOOD SERVICE & EQUIPMENT 544551 JUPITER SCHOOL BUS SERVICE INC PO BOX 7975 JUPITER FL 334687975 TRANSPORTATION SERVICES 463709 A CUT ABOVE 1686 D ROAD LOXAHATCHEE FL 33470 LANDSCAPE MAINTENANCE 383768 FLORIDA POWER & LIGHT GENERAL MAIL FACILITY MIAMI FL 331880001 ELECTRIC SERVICE 344183 15 53360 15733884 2192698 15787244 SCHOOL TUITION 611110 8160028 8160028 AUXILIARY SERVICES 611110 736081 736081 8896109 346 346 150286 0 150286 150286 138367 11919 71369 156810 -85441 -85441 -85441 14928 53360 49975 -35047 -35047 52049 43168 8881 8881 24722378 8957916 11919 -34701 1377877 175308 895145 307424 9209282 8221295 987987 889768 764983 104902 19883 1401688 1144499 249317 7872 801528 635458 142567 23503 318560 164480 154080 37880 19558 18322 831338 433358 397548 432 108558 45823 62735 101868 54686 47182 208364 104788 103576 510231 369425 140806 133690 127197 6493 644033 483025 161008 1529064 1174152 354912 505647 378305 127342 REPAIRS & MAINTENANCE 1220605 246001 974604 FOOD SERVICES 996184 990591 5593 SCHOOL BUS TRANSPORTATI 581781 581781 FIELD TRIPS 457336 457336 1575033 1273164 301869 23440315 17845213 5235988 359114 2754799 3112096 0 1008173 4600000 35000 2151535 23113 38463 32718 577469 550223 50768090 4671458 46507549 46096632 982943 2728539 57612758 53586494 2166802 1653948 5782844 1955371 23312667 22344667 31262313 25953986 X 25346667 26287642 3440 343228 1000338 1001638 26350445 27632508 57612758 53586494 1282063 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000338 1000 300 1001638 1000067 271 1000338 1000000 67 1000067 0 1000000 1000000 1.00000 0 0 13409345 13409345 31700988 1887241 29813747 5657757 2784217 2873540 46096632 DEBT ISSUANCE COSTS (NET) 479022 DEPOSITS 64517 DONATED ASSET HELD FOR RESALE 2185000 2728539 X 24900962 178584 178584 24722378 0 24722378 23618899 85441 93143 178584 23440315 0 23440315 PART V, LINE 4: OXBRIDGE ACADEMY FOUNDATION, INC. INTENDS TO USE THE ENDOWMENT FUNDS TO SERVE THE PURPOSE OF CONTRIBUTING TO THE FUTURE FINANCIAL NEEDS OF THE INSTITUTION. PART X, LINE 2: THE SCHOOL EVALUATES ITS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH STATES THAT MANAGEMENT'S DETERMINATION OF THE TAXABLE STATUS OF AN ENTITY, INCLUDING ITS STATUS AS A TAX-EXEMPT, NOT-FOR-PROFIT ENTITY, IS A TAX POSITION SUBJECT TO THE STANDARDS REQUIRED FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT DOES NOT BELIEVE THAT THE SCHOOL HAS ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 43,168. DIRECT FUNDRAISING EXPENSES 49,975. LOSS ON SALE OF FIXED ASSETS 85,441. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 43,168. DIRECT FUNDRAISING EXPENSES 49,975. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 PARENT GALA 68288 53360 14928 18423 17784 13768 68288 53360 14928 18423 17784 13768 49975 -35047 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT PARSONS PRESIDENT & CEO 450000 0 500000 0 0 0 29452 0 66887 0 1046339 0 0 0 JOHN KLEMME HEAD OF SCHOOL & ACADEMIC DEAN 131538 0 0 0 0 0 10523 0 8052 0 150113 0 0 0 STANLEY ROSS DEAN OF STUDENTS 115000 0 0 0 20514 0 10841 0 25056 0 171411 0 0 0 DOUG SOCHA HEAD FOOTBALL COACH 124231 0 0 0 7012 0 4572 0 70056 0 205871 0 0 0 JOHN WEGER FORMER TREASURER & CFO 223711 0 0 0 0 0 16554 0 58806 0 299071 0 0 0 BRIDGET BARATTA FORMER DIRECTOR OF PHILANTHROPY 103769 0 0 0 30000 0 8301 0 16087 0 158157 0 0 0 PART I, LINE 1A ROBERT C. PARSONS RESIDES IN A RESIDENCE THAT OXBRIDGE ACADEMY FOUNDATION, INC. RENTS ON HIS BEHALF. THE VALUE ASSOCIATED WITH THIS RESIDENCE WAS INCLUDED IN HIS TAXABLE WAGES. A PALM BEACH COUNTY FLORIDA 596000785 NONEAVAIL 2014-07-01 24200000 PURCHASE OXBRIDGE ACADEMY FOUNDATION, INC.'S CAMPUS 0 0 0 A 24200000 410596 23789404 2014 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 X 1 2637 STOCK EXCHANGE X 1 2185000 APPRAISAL X VWR INCUBATOR EQUIPMENT 1 5061 COST OF EQUIPMENT 1 0 0 1 PART I, LINE 32B: ANY NON-CASH CONTRIBUTIONS OF MARKETABLE SECURITIES ARE DELIVERED TO THE ORGANIZATIONS INVESTMENT ADVISORS IN ORDER TO BE SOLD. THE INVESTMENT ADVISORS HANDLE THIS TRANSACTION. ALSO, THE ORGANIZATION RECEIVED REAL ESTATE DURING THE YEAR ENDED 6/30/16. WE ARE USING A REAL ESTATE AGENT IN ORDER TO ASSIST WITH MARKETING AND SELLING THIS PROPERTY. FORM 990, PART VI, SECTION A, LINE 2 RICHARD P. CALLAHAN MAINTAINS A BUSINESS RELATIONSHIP WITH WILLIAM I. KOCH. FORM 990, PART VI, SECTION A, LINE 6 EACH MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. NO MEMBER IS ENTITLED TO ANY DIVIDEND OR ANY PART OF THE INCOME OF THE CORPORATION, OR TO SHARE IN THE DISTRIBUTION OF THE CORPORATE ASSETS UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE ELECTED BY THE MEMBERS AT THE BOARD MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE TAX RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT AND THEN REVIEWED WITH THE CEO/PRESIDENT AND THE TREASURER OF THE FOUNDATION BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES AN ANNUAL FORM TO BE COMPLETED BY EACH BOARD MEMBER DECLARING ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION CONSULTS WITH INDEPENDENT SEARCH FIRMS TO SEARCH FOR INDIVIDUALS AND PROVIDE COMPENSATION DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.