2024-05-15T20:46:21-04:00 2023-06-30 822180420 MCCRADY & ASSOCIATES PLLC 107 WATER OAK LN ALTAMONTE SPRINGS FL 32714 990 2022-07-01 593725544 DISCOVERY ACADEMY OF LAKE ALFRED DISC 8632955955 1000 N BUENA VISTA DRIVE LAKE ALFRED FL 33850 CAROL FULKS PRESIDENT 8632955955 2024-05-08 true CAROL FULKS 999009999 false STACY MCCRADY P00168993 4079604429 2024-05-15 2022 2023-04-26 12:10:37Z CAROL FULKS 1000 N BUENA VISTA DRIVE LAKE ALFRED FL 33850 11403069 false X WWW.DISCOVERYACADEMY.ORG X 2001 FL WE ARE DEDICATED TO ACTIVELY ENGAGING ALL INDVIDUALS IN A QUALITY LEARNING EXPERIENCE THAT WILL ENABLE THEM TO VALUE THEMSELVES AND BECOME RESPONSIBLE, PRODUCTIVE CITIZENS IN A CHANGING WORLD. 5 5 224 200 0 2096192 2785423 7072654 7024206 22039 2994735 1571401 12163581 11403069 0 0 5801821 6887870 0 0 5518975 5687274 11320796 12575144 842785 -1172075 33228157 33127750 34400380 35320628 -1172223 -2192878 WE ARE DEDICATED TO ACTIVELY ENGAGING ALL INDVIDUALS IN A QUALITY LEARNING EXPERIENCE THAT WILL ENABLE THEM TO VALUE THEMSELVES AND BECOME RESPONSIBLE, PRODUCTIVE CITIZENS IN A CHANGING WORLD. false false 11694344 8595607 THE SCHOOL PROVIDES AN INNOVATIVE BASED LEARNING FOR STUDENTS IN GRADES SIXTH THROUGH EIGHTH. THE MISSION OF THE SCHOOL INCLUDES PREPARING STUDENTS TO BE LIFETIME LEARNERS WHOSE ACADEMIC ACHIEVEMENT IS ENHANCED BY SUPERIOR COMMUNICATION SKILLS, CHARACTER TRAINING, AND APPRECIATION FOR DIVERSITY. 11694344 true false false false false false false false false false true false false true true true true true true false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 1 0 224 true false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false true true true false X X CAROL FULKS 8632955955 1000 N BUENA VISTA DRIVE LAKE ALFRED FL 33850 X CAROL FULKS PRESIDENT 45.00 X 164029 0 47331 KEVIN WARREN PRINCIPAL 45.00 X 119303 0 26155 MARK WHITEHEAD ASSISTANT PR 45.00 X 101109 0 32746 CHARLOTTE BUTLER BOARD MEMBER 0.50 X 0 0 0 NANCY DALEY CHAIRPERSON 0.50 X 0 0 0 JOHN TAYLOR BOARD MEMBER 0.50 X 0 0 0 DORETHA TILLMAN BOARD MEMBER 0.50 X 0 0 0 MARY PULSE SECRETARY 0.50 X 0 0 0 384441 106232 3 false true false ESC INC 1139 W RUBY STREET LAKELAND FL 33802 CUSTODIAL SERV 247531 1 2785423 2785423 PROGRAM SERVICE REVENUE 7024206 7024206 7024206 22039 22039 RENT 1200000 1200000 FOOD SERVICE REVENUE 168567 168567 INTERNAL ACCOUNTS 155145 155145 47689 47689 1571401 11403069 8595607 22039 4847178 4676432 170746 948251 919352 28899 750227 730763 19464 342214 331222 10992 90222 90222 293785 292333 1452 230431 184344 46087 39675 39816 -141 1342307 1073790 268517 815046 706245 108801 144573 134235 10338 OTHER PURCHASED SERVICES 856295 854161 2134 CONTRACTED SERVICES 703093 620117 82976 NONCAPITALIZED COMP HAR 446141 356913 89228 FUEL 234981 234981 490725 449418 41307 12575144 11694344 880800 0 1183352 1551327 2366186 1621670 231255 241234 6148 30904225 6002458 25484574 24901767 3956642 4811752 33228157 33127750 1050386 1301459 26920167 26471026 6429827 7548143 34400380 35320628 X -1172223 -2192878 -1172223 -2192878 33228157 33127750 -1172075 151420 X false true true true true X 2681713 2681713 23578125 2397953 21180172 1553581 1197227 356354 3090806 2407278 683528 24901767 DEFERRED OUTFLOW 3185157 DUE FROM RELATED PARTY 743861 DUE FROM DHS 593229 CONSTRUCTION IN PROGRESS 289204 INVESTMENTS 301 4811752 NET PENSION LIABILTY-FRS 4987672 NET PENSION LIABILTY-HIS 2200445 DEFERRED INFLOWS 360026 7548143 X 11403069 11403069 11403069 12575144 12575144 12575144 SCHEDULE D, PAGE 3, PART X THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS THEREFORE, EXEMPT FROM INCOME TAXES. ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, NO UNCERTAIN TAX POSITIONS HAVE BEEN MADE REQUIRING DISCLOSURE IN THE RELATED NOTES TO THE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH VARIOUS MEANS, INCLUDING NEWSPAPER, GROUP PRESENTATIONS AND DIRECT MAILINGS. SCHEDULE E, LINE 6 REVENUES ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCE PROGRAM. THE AMOUNT RECEIVED IS BASED ON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD. THIS AMOUNT IS INCLUDED IN PROGRAM SERVICE REVENUE. OTHER REVENUES FROM GOVERNMENT AGENCIES INCLUDE THE US DEPARTMENT OF EDUCATION. GRANTS RECEIVED INCLUDE NATIONAL BREAKFAST AND LUNCH PROGRAMS, TITLE I FUNDS AND IDEA FUNDS. false false false false false false false false false CAROL FULKS PRESIDENT 164029 47331 211360 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PROVIDE FUNDRAISING AND CLERICAL ASSISTANCE. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD WAS PROVIDED A COPY OF FORM 990 FOR THEIR DETAIL REVIEW PRIOR TO FILING. THE BOARD, EXECUTIVE DIRECTOR, AND CPA ALL REVIEW THE RETURN AND DISCUSS ANY CHANGES PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT CONFLICTS OF INTEREST AS THEY BECOME APPARENT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR OF THE SCHOOL AT THE AUGUST BOARD MEETING ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD APPROVES ALL PERCENTAGE RAISES FOR THE EMPLOYEES WHO ARE ALSO OFFICERS OF THE ORGANIZATION AND ANY OTHER ADMINISTRATIVE STAFF. FORM 990, PAGE 6, PART VI, LINE 18 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. POLK COUNTY SCHOOL BOARD 1915 SOUTH FLORAL AVENUE BARTOW FL 33830 SCHOOL BOA FL GOVT N/A false DISCOVERY HIGH SCHOOL 640 EVENHOUSE ROAD LAKE ALFRED FL 33850 472806004 SCHOOL FL 501C3 2 N/A false false false false true false false false false false true false true false false true false true false false DISCOVERY HIGH SCHOOL J 1200000 CASH DISCOVERY HIGH SCHOOL D 27000000 CASH DISCOVERY HIGH SCHOOL L 319000 CASH DISCOVERY HIGH SCHOOL Q SEE EXPLANATION BELOW DISCOVERY HIGH SCHOOL O SEE EXPLANATION BELOW SCHEDULE R THE TITLE OF THE SCHOOL BUILDING AND FACILITIES AND OTHER CAPITAL ASSETS ACQUIRED PRIOR TO JULY 1, 2001 REMAIN WITH THE SCHOOL BOARD. FLORIDA STATUTES PROVIDE THAT THE USE OF THE SCHOOL BUILDING AND FACILITIES BE FURNISHED TO CHARTER SCHOOLS ON THE SAME BASIS AS MADE AVAILABLE TO OTHER PUBLIC SCHOOLS IN THE DISTRICT. NO RENTAL OR LEASING FEE MAY BE CHARGED BY THE DISTRICT SCHOOL BOARD TO THE CHARTER SCHOOL OR TO THE PARENTS AND TEACHERS WHO ORGANIZE THE CHARTER SCHOOL. THE SCHOOL PURCHASED LAND WITH THE INTENTION OF LEASING THE LAND TO DISCOVERY HIGH SCHOOL. THE AGREEMENT INDICATES THAT THE AMOUNT WILL BE DETERMINED ANNUALLY. UNDER THE CURRENT AGREEMENT, RENT EXPENSE CHARGED TO DISCOVERY HIGH SCHOOL WAS 1,200,000. THE SCHOOL AND DISCOVERY HIGH SCHOOL REFINANCED THE LOANS IN THE PRIOR YEAR WITH PROCEEDS FROM REVENUE BONDS ISSUED IN THE APPROXIMATE AMOUNT OF 27,000,000 TO CONSTRUCT AND REFINANCE SCHOOL FACILITIES. THE LAND AND NEWLY CONSTRUCTED BUILDINGS REMAIN COLLATERAL SECURITY FOR THE NEW INDEBTEDNESS. DISCOVERY ACADEMY PAYS CERTAIN COSTS ON BEHALF OF DISCOVERY HIGH SCHOOL. THESE COSTS ARE ALLOCATED ACCORDINGLY AND REIMBURSED TO DISCOVERY ACADEMY. THERE IS APPROXIMATELY 744,000 RECEIVABLE FROM DISCOVERY HIGH SCHOOL FOR ALLOCATED OPERATING COSTS IN THE CURRENT YEAR. DISCOVERY ACADEMY PROVIDED FOOD AND TRANSPORTATION SERVICES FOR DISCOVERY HIGH SCHOOL STUDENTS. THE SCHOOL RECEIVED APPROXIMATELY 319,000 IN TRANSPORTATION REVENUE FROM DISCOVERY HIGH SCHOOL. DISCOVERY ACADEMY & DISCOVERY HIGH SCHOOL SHARE EMPLOYEES; AS SUCH DISCOVERY HIGH SCHOOL REIMBURSES DISCOVERY ACADEMY FOR THEIR ALLOCATED PORTION OF EMPLOYEE EXPENSES.