2024-02-12T10:40:23-05:00 2023-06-30 SOTOLONGO & ASSOCIATES PA 8231 SW 29 STREET MIAMI FL 33155 990 2022-07-01 452690728 MIAMI-DADE FOUNDATION FOR EDUCATIONAL INNOVATION INC MIAM 3058833900 1080 LABARON DRIVE MIAMI SPRINGS FL 33166 VERA A HIRSH HEAD OF SCHOOL 3058833900 2023-02-09 true VERA HIRSH 999009999 false EMIL SOTOLONGO CPA P00959547 3057765778 2024-02-07 2022 2023-04-26 12:10:37Z X ACADEMY FOR INNOVATIVE EDUCATION MICHAEL BELL 1080 LABARON DRIVE MIAMI SPRINGS FL 33166 11518265 false X WWW.AIECHARTERSCHOOL.ORG X 2011 FL TO PREPARE OUR STUDENTS TO BE INDEPENDENT MULTILINGUAL CITIZENS IN A GLOBAL SOCIETY 4 4 140 25 0 1168213 2966631 6618760 8490574 2001 61060 0 7788974 11518265 0 0 5413554 7158824 0 0 2904870 2897566 8318424 10056390 -529450 1461875 5769688 8586584 2771522 4109486 2998166 4477098 X TO PROVIDE STUDENTS WITH A COMPREHENSIVE INTERNATIONAL EDUCATION THROUGH THE USE OF TECHNOLOGY AND LANGUAGE ACQUISITION, SO THAT STUDENTS WILL BECOME LIFE-LONG INQUISITIVE LEARNERS AND UTILIZE THIS KNOWLEDGE ACROSS INTERNATIONAL BOUNDARIES. false false 8504529 THE ORGANIZATION OPERATES A CHARTER SCHOOL, WHICH PROVIDES AN EDUCATION PROGRAM TO STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE. THE SCHOOL HAS IMPLEMENTED A CURRICULUM WITH STRATEGIC OBJECTVES DESIGNED TO MEET OR EXCEED THE STANDARDS SET BY OTHER COMPARABLE STUDENT POPULATIONS. A TOTAL OF APPROXIMATELY 932 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDED JUNE 30, 2023. 8504529 true true false false false false false false false false true false false false true true true false 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 false false false false true 29 0 true 140 true false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true true false false X VERA HIRSH 3058833900 1080 LABARON DRIVE MIAMI SPRINGS FL 33166 VERA A HIRSH HEAD OF SCHO 40.00 X 166000 0 0 JEANETTE ACEVEDO-ISENBERG DIRECTOR 0.50 X 0 0 0 CAROL BALLENT SECRETARY & 1.00 X X 0 0 0 MICHAEL BELL PRESIDENT/BO 1.00 X X 0 0 0 FRED JONES DIRECTOR 0.50 X 0 0 0 166000 1 false true false SCHOOL BOARD OF MIAMI-DADE COUNTY 1450 NE 2ND AVE MIAMI FL 33132 MANAGEMENT SERV 353980 1 2955853 10778 2966631 STATE SOURCES CHARTER SCHOOL 611600 7300805 7300805 OTHER MISC. LOCAL SOURCES 611600 915723 915723 SCHOOL-AGE CHILD CARE FEES 611600 236135 236135 OTHER SCHOOL, COURSES & CLASS 611600 37911 37911 8490574 61060 61060 11518265 8551634 181923 181923 5963007 5366706 596301 522414 470173 52241 491480 442332 49148 63010 63010 27975 27975 156836 146100 10736 377958 354350 23608 38354 34519 3835 78801 78801 683560 555909 127651 79626 71663 7963 TEXTBOOKS - INSTRUCTION 255061 255061 SCHOOL DIST MGMT FEE 234960 234960 STUDENT ATHLETICS 108915 108915 SCHOOL DIST ADMIN FEE 93261 46630 46631 699249 573370 125879 10056390 8504529 1551861 0 124814 415116 2618109 4076318 326317 194815 353 34361 14223 4894615 2048026 2552831 2846589 1016518 113256 22652 5769688 8586584 379953 351840 2000000 3526798 391569 230848 2771522 4109486 X 2998166 4477098 2998166 4477098 5769688 8586584 1461875 17057 X false true X false true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2666467 854420 1812047 2228148 1193606 1034542 2846589 DUE TO MDCPS DEFERRED MGMT FEE 207570 LEASE LIABILITY 23278 230848 X 11535322 17057 17057 11518265 11518265 10056390 10056390 10056390 SCHEDULE D, PAGE 3, PART X MIAMI-DADE FOUNDATION FOR EDUCATIONAL INNOVATION, INC. (MDFEI) IS AN ORGANIZATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. MDFEI HAS ADOPTED GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. MDFEI ASSESSES ITS INCOME TAX POSITIONS, INCLUDING ITS CONTINUING TAX STATUS AS A NOT-FOR-PROFIT ENTITY, AND RECOGNIZES TAX BENEFITS ONLY TO THE EXTENT THAT MDFEI BELIEVES IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON AN EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) OR THE APPLICABLE STATE TAXING AUTHORITY. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL INCOME TAXES IN THE SCHOOLS FINANCIAL STATEMENTS, AS MDFEI BELIEVES ALL TAX POSITIONS, INCLUDING ITS CONTINUING STATUS AS A NOT-FOR- PROFIT ENTITY, HAVE A GREATER THAN 50% CHANCE OF REALIZATION IN THE EVENT OF AN IRS AUDIT. STATE INCOME TAXES, WHICH MAY BE DUE IN CERTAIN JURISDICTIONS, HAVE BEEN ASSESSED FOLLOWING THE SAME MORE LIKELY THAN NOT MEASUREMENT THRESHOLD. true true false true false true true false false false false false false false false true false true SCHEDULE E, LINE 3 SEE PART II SCHEDULE E, LINE 4 SINCE THE SCHOOL IS A CHARTER SCHOOL, IT DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT. SCHEDULE E, LINE 6 SCHEDULE E - LINE 6A - THE ORGANIZAITON RECEIVES FEDERAL, STATE AND LOCAL FUNDING FOR ITS CHARTER SCHOOL OPERATIONS. THE SCHOOL IS A CHARTER SCHOOL AND FOLLOWS THE SAME NONDISCRIMINATION POLICIES AS MIAMI-DADE COUNTY SCHOOL DISTRICT BOARD. X false false false false false false false true false VERA A HIRSH HEAD OF SCHOOL 156000 10000 166000 SCHEDULE J, PAGE 1, PART I, LINE 7 THE BOARD OF DIRECTORS APPROVES A BONUS TO THE HEAD OF SCHOOL BASED ON A JOB PERFORMANCE EVALUATION. FORM 990 - ORGANIZATION'S MISSION TO PROVIDE STUDENTS WITH A COMPREHENSIVE INTERNATIONAL EDUCATION THROUGH THE USE OF TECHNOLOGY AND LANGUAGE ACQUISITION, SO THAT STUDENTS WILL BECOME LIFE-LONG INQUISITIVE LEARNERS AND UTILIZE THIS KNOWLEDGE ACROSS INTERNATIONAL BOUNDARIES. FORM 990, PAGE 6, PART VI, LINE 11B THE HEAD OF SCHOOL AND BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO COMPLETE A STATE OF FLORIDA FORM 8B MEMORANDUM OF VOTING CONFLICT WHEN A CONFLICT OF INTEREST IS BROUGHT UP AT A BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE ANNUAL COMPENSATION OF OTHER COMPARABLE TOP OFFICIALS IN THE STATE OF FLORIDA AND IN MIAMI- DADE COUNTY, AS A BASIS FOR DETERMINEING COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILBLE UPON REQUEST.