2015-05-15T10:44:11-05:00 2014-06-30 204989621 VERDEJA & DE ARMAS LLP 255 ALHAMBRA CIR STE 560 CORAL GABLES FL 331347417 990 2013-07-01 650900712 GULLIVER SCHOOLS INC GULL 3056666333 9350 SOUTH DIXIE HIGHWAY11TH FLOOR MIAMI FL 33156 JOSE FUENTE CHIEF FINANCIAL OFFICER 3056666333 2015-05-14 true OCTAVIO A VERDEJA P00640853 3054463177 2015-05-15 2013 2016-03-07 17:11:31Z JOSE FUENTE 9350 SOUTH DIXIE HIGHWAY11TH FLOOR MIAMI FL 33156 68726191 false X WWW.GULLIVERSCHOOLS.ORG X 1999 FL TO PROVIDE A SUPERIOR, PERSONALIZED COLLEGE PREPARATORY EDUCATION FOSTERING WELL-ROUNDED, SUCCESSFUL, LIFELONG LEARNERS AND DEVELOP THE UNIQUE GIFTS AND TALENTS OF EACH STUDENT IN A NURTURING ENVIRONMENT THAT PROMOTES ACADEMIC EXCELLENCE, INNOVATION, GLOBAL UNDERSTANDING AND CHARACTER. 7 7 687 500 0 1321775 1390661 61491277 64857236 842711 1173851 281200 115977 63936963 67537725 6599990 6816965 0 31535431 33561268 0 1081459 21608790 21462850 59744211 61841083 4192752 5696642 89582305 88548783 51904315 44132250 37677990 44416533 X TO PROVIDE A SUPERIOR, PERSONALIZED COLLEGE PREPARATORY EDUCATION FOSTERING WELL-ROUNDED, SUCCESSFUL, LIFELONG LEARNERS AND DEVELOP THE UNIQUE GIFTS AND TALENTS OF EACH STUDENT IN A NURTURING ENVIRONMENT THAT PROMOTES ACADEMIC EXCELLENCE, INNOVATION, GLOBAL UNDERSTANDING AND CHARACTER. false false 51900763 6816965 SUCCESSFULLY OPERATED A PRIVATE SCHOOL WHICH PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 2,210 STUDENTS FROM PRIMARY THROUGH TWELFTH GRADE FOR AN ENTIRE SCHOOL YEAR. 51900763 true true false false false false false false false true true false false true false true true false true false false false false false true true false false true true true false false false false false false true true false false true true false false true false false false false true 128 0 true 687 true false false false false false false false false false false false false X 7 7 false true false false false false false true true false false true true true true true true true true false FL X JOSE E FUENTE 3056666333 9350 SOUTH DIXIE HIGHWAY 11TH FL MIAMI FL 33156 BILL KERDYK TRUSTEE 1.00 X 13103 0 0 EMILIO NUNEZ PRESIDENT & 1.00 X X 7063 0 0 LIBBY WITHERSPOON TRUSTEE 1.00 X 4935 0 0 ABIGAIL WATTS-FITZGERALD SECRETARY 1.00 X X 0 0 0 BARRY S GOULD TREASURER 1.00 X X 0 0 0 SWAPNIL J SHAH TRUSTEE 1.00 X 0 0 0 R ALEXANDER ACOSTA TRUSTEE 1.00 X 0 0 0 MICHELLE NIETO DIRECTOR 40.00 X 143778 0 0 JANET WIARD DIRECTOR 40.00 X 131542 0 15259 MICHAEL POPPELL DIRECTOR 40.00 X 125166 0 16263 HENRY LANGSTON DEAN OF FACU 40.00 X 117715 0 857 CHARLES W BALES ASSOC. HEADM 40.00 X 115675 0 0 JEFFREY BARTEL TRUSTEE 1.00 X 8483 0 0 667460 32379 8 true false false SCHOOL MANAGEMENT SYSTEMS 9350 S DIXIE HWY 11TH FLOOR MIAMI FL 33156 MANAGEMENT COM. 2983650 SAGE DINING SERVICES INC 1402 YORK ROAD SUITE 1 LUTHERVILLE MD 21093 FOOD SERVICES 2056722 PCI DEVELOPMENT GROUP 16445 SW 74 CT MIAMI FL 33157 CONSTRUCTION 1146234 OLA CONSTRUCTION GROUP 14272 SW 140TH STREET MIAMI FL 33186 CONSTRUCTION 1062756 EURO AMERICAN PROGRAMS PO BOX 1388 BROOKSVILLE FL 34601 TRAVEL/TOUR AGE 565427 5 693684 696977 225998 1390661 TUITION REVENUES 55941295 55941295 SCHOOL FEES 5123497 5123497 SUMMER SCHOOL/CAMP 3427600 3427600 OTHER REVENUES 364844 364844 64857236 533345 533345 640506 640506 640506 640506 112331 693684 282404 -170073 31300 124 31176 31176 1160812 905938 254874 254874 67537725 65528918 788219 6816965 6816965 699839 699839 26593531 24589471 1405699 598361 399958 378616 15206 6136 3880407 3271281 534387 74739 1987533 1851530 109197 26806 2968536 2968536 455755 18324 437431 63775 63775 528956 265576 232383 30997 296719 194097 26616 76006 315046 147739 164930 2377 819900 819900 535276 215029 181542 138705 390896 390896 3763700 3763700 1191222 1191222 EDUCATION 6467213 6206542 173649 87022 REPAIRS & MAINTENANCE 1342250 142609 1197733 1908 UTILITIES 944746 922021 10539 12186 LOSS ON DERIVATIVE FIN. 698117 698117 680743 406302 248225 26216 61841083 51900763 8858861 1081459 8067354 2481866 5333000 1329867 953941 81787 214535 528394 181153 729245 812919 78087409 25880491 51462850 52206918 23138467 21737359 4244341 4627092 89582305 88548783 3258103 2206346 19754966 22953674 23700000 18972230 5191246 51904315 44132250 X 35027565 42010186 1673654 1424306 976771 982041 37677990 44416533 89582305 88548783 5696642 1041901 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6640526 5270 746078 7391874 5708526 554945 377055 6640526 5733029 8350 -32853 5708526 4782620 19910 930499 5733029 858462 4035104 -110946 4782620 0.83920 0.13280 0.02800 false false 12408340 12408340 32999617 6406873 26592744 17147223 7452593 9694630 6910277 4859151 2051126 8621952 7161874 1460078 52206918 GOODWILL, NET 3964907 BOND ISSUANCE COSTS 432722 SECURITY DEPOSIT LEASE 118794 DUE FROM SMSI 93472 MISCELLANEOUS RECEIVABLES 17197 4627092 61729077 1041901 1041901 60687176 6850549 6850549 67537725 54990534 54990534 6850549 6850549 61841083 SCHEDULE D, PAGE 3, PART X THE SCHOOL IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THERE ARE NO RESERVES HELD FOR UNCERTAIN TAX POSITIONS AT JUNE 30, 2014 AND 2013, RESPECTIVELY. TAX YEARS THAT ARE OPEN UNDER THE STATUTE OF LIMITATIONS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. SCHEDULE D, PAGE 4, PART XI, LINE 4B SPECIFIC ASSISTANCE TO INDIVIDUALS-REVENUE 6,850,549 SCHEDULE D, PAGE 4, PART XII, LINE 4B SPECIFIC ASSISTANCE TO INDIVIDUALS-EXPENSES 6,850,549 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THE NON-DISCRIMINATORY STATEMENT IS INCLUDED IN THE ADMISSIONS PACKET. IT IS STATED ON THE APPLICATION DIRECTLY BELOW WHERE PARENTS SIGN AND IT IS ALSO STATED IN VARIOUS PARTS OF THE ADMISSIONS PACKET. VINTAGE NIGHT 643332 543627 99705 3146 220649 RAIDER CHALLENG 113456 100830 12626 29725 18799 1 49227 49227 10085 806015 693684 112331 29725 3146 249533 282404 -170073 false false 31300 124 false 31300 124 124 31176 true false false false JOSE E FUENTE 9350 SOUTH DIXIE HIGHWAY 11TH FL MIAMI FL 33156 false false false DISCOUNT FAMILY 79 45014 BOOK FINANCIAL AID 164 3610761 BOOK PREPAID DISCOUNTS 1173 1210294 BOOK EMPLOYEE TUITION REMISSIO 110 1950896 BOOK false false false false false false false false false JEFFREY BARTEL TRUSTEE 8483 8483 A MIAMI DADE COUNTY 2014-03-19 19250000 false false false A false false false true A false false false false false false true A false false false false false false false false false EMILIO NUNEZ BOD MEMBER 7063 DISCOUNTED TUITION CHILD EDUCATION JEFF BARTEL BOD MEMBER 8483 DISCOUNTED TUITION CHILD EDUCATION LIBBY WITHERSPOON BOD MEMBER 4935 DISCOUNTED TUITION CHILD EDUCATION BILL KERDYK BOD MEMBER 7398 DISCOUNTED TUITION CHILD EDUCATION DEVINE GOODMAN RASCO WATTS FITZGERALD & WELLS PA TTEE IS PARTNER 333525 LEGAL false PCI DEVELOPMENT GROUP SR MGR IS OWNER 1146234 CONSTRUCTION false SCHEDULE L, PART V IN YEARS PRIOR TO 2014, CERTAIN MEMBERS OF THE BOARD OF DIRECTORS RECEIVED PARTIAL TUITION REMISSION FOR THEIR CHILD(REN). THE ORGANIZATION DOES NOT BELIEVE THAT THE TUITION REMISSION WAS AN EXCESS BENEFIT TRANSACTION. THERE WAS WRITTEN CONTEMPORANEOUS SUBSTANTIATION OF THE TUITION REMISSION CONTAINED IN BOARD MINUTES AS WELL AS IN A BOARD MANUAL. THE ORGANIZATION HAS A NEW BOARD IN PLACE, AND NO PRESENT MEMBER OF THE BOARD SERVED ON THE BOARD DURING THE TIME THAT THE TUITION REMISSIONS WERE PROVIDED. THE ORGANIZATION HAS NOW PROHIBITED TUITION REMISSION TO BOARD MEMBERS. X 5 12600 X 2965 X 24 57830 X OTHER GOODS 159 140078 X CONTRI TO EVENT 8 12525 false false false SCHEDULE M, PAGE 2, PART II SCHEDULE M REFLECTS THE NUMBER OF CONTRIBUTIONS DURING THE FISCAL YEAR ENDING 06/30/14 FORM 990 - ORGANIZATION'S MISSION TO PROVIDE A SUPERIOR, PERSONALIZED COLLEGE PREPARATORY EDUCATION FOSTERING WELL-ROUNDED, SUCCESSFUL, LIFELONG LEARNERS AND DEVELOP THE UNIQUE GIFTS AND TALENTS OF EACH STUDENT IN A NURTURING ENVIRONMENT THAT PROMOTES ACADEMIC EXCELLENCE, INNOVATION, GLOBAL UNDERSTANDING AND CHARACTER. FORM 990, PAGE 6, PART VI, LINE 3 GULLIVER SCHOOLS, INC. HAS AN AGREEMENT WITH SCHOOLS MANAGEMENT SYSTEMS, INC.("SMSI") TO PROVIDE, ACCOUNTING, LEGAL, HUMAN RESOURCE AND OTHER MANAGEMENT SERVICES. SMSI HAS UNDER ITS EMPLOYMENT THE KEY MANAGEMENT PERSONNEL OF THE SCHOOL. THE SCHOOLS RENEWS THE MANAGEMENT CONTRACT WITH SMSI ON A BIANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 11B THE CFO AND EXECUTIVE DIRECTOR WILL EXAMINE THIS RETURN, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND ARE REQUIRED TO SIGN A STATEMENT TO THAT AFFECT EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 15A OFFICERS AND TOP OFFICIALS ARE NOT COMPENSATED; HOWEVER, THE BOARD OF DIRECTORS REGULARLY REVIEWS THE COMPENSATION & PERFORMANCE OF THE MANAGEMENT COMPANY. FORM 990, PAGE 6, PART VI, LINE 15B OFFICERS AND TOP OFFICIALS ARE NOT COMPENSATED; HOWEVER, THE BOARD OF DIRECTORS REGULARLY REVIEWS THE COMPENSATION & PERFORMANCE OF THE MANAGEMENT COMPANY. FORM 990, PAGE 6, PART VI, LINE 19 IT IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 SPECIFIC ASSISTANCE TO INDIVIDUALS-REVENUE -6,850,549 SPECIFIC ASSISTANCE TO INDIVIDUALS-EXPENSES 6,850,549 PINECREST PROPERTY MANAGEMENT HOLD REAL ESTATE HOLDINGS 1111 BRICKELL AVE STE 2500 MIAMI FL 33131 650900712 RE HOLDING FL 11000 930438 N/A