Aventura Community Schools
Fiscal Year
Fiscal Year Start
07/01/2024
Fiscal Year End
06/30/2025
Projected Revenue
$5,772,347.00
Projected Expenses
$5,639,392.00
Organizational Budgets and Other Documents
| 2023-2024 Budget | 2024 |
| 2022-2023 Budget | 2023 |
| 2021-2022 Projected Budget | 2022 |
IRS Letter of Exemption
| IRS Letter of Determination | 2020 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $3,052,248.00 | $1,065,087.00 | |
| Total Expenses | $2,638,870.00 | $497,998.00 | |
| Revenue Less Expenses | ($-0.00) | $413,378.00 | $567,089.00 |
Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $2,234,654.00 | $1,049,474.00 | |
| Contributions, Gifts, and Grants | $772,839.00 | $15,613.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $39,399.00 | $0.00 | |
| Investment Income, Net of Losses | $5,356.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $1,970,145.00 | $365,334.00 | |
| Administration Expense | $668,725.00 | $132,664.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 116% | 214% | |
| Program Expense/Total Expenses | 75% | 73% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $2,234,654.00 | Government Grants $1,049,474.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $772,839.00 | Contributions, Gifts, and Grants $15,613.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $39,399.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,588,764.00 | $2,108,180.00 | |
| Current Assets | $761,599.00 | $532,633.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $1,558,297.00 | $1,491,091.00 | |
| Total Net Assets | $1,030,467.00 | $617,089.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| Form 990 | 2023 |
| 990 Aventura Community School 2021-2022 | 2022 |
| 990N Aventura Community School 2020-2021 | 2021 |
Audit Documents
| FY2022-2023 Audit | 2023 |
| FY2021-2022 Audit | 2022 |
Foundation Staff Comments
| Since this organization was recently formed, they have yet to file their first 990, 990-EZ or 990-N. Financial information will be posted to GivingMatters.com once their first fiscal year has been completed. Comments provided by Nicole Rose 03/27/2023. Financials taken from 990. Financial documents completed by Crosslin, PLLC. Comments provided by Hayley Sulfridge 2/26/24. |
