2024-05-15T15:37:03-04:00 2023-06-30 822180420 MCCRADY & ASSOCIATES PLLC 107 WATER OAK LN ALTAMONTE SPRINGS FL 32714 990 2022-07-01 593711889 HOPE CHARTER SCHOOL INC HOPE 4076564673 1550 EAST CROWN POINT ROAD OCOEE FL 34761 CRYSTAL YOAKUM DIRECTOR 4076564673 2024-05-09 true CRYSTAL YOAKUM 999009999 false STACY MCCRADY P00168993 4079604429 2024-05-15 2022 2023-04-26 12:10:37Z CRYSTAL YOAKUM 5341860 false X WWW.HOPECHARTER.ORG X 2000 FL TO IMPROVE STUDENTS' LEARNING WITH THE USE OF DIFFERENT AND INNOVATIVE LEARNING METHODS,INCREASING THE CHOICE OF LEARNING OPPORTUNITIES AND ESTABLISHING A NEW FORM OF ACCOUNTABILITY FOR SCHOOLS. 7 7 100 20 -101768 447003 1092832 4012875 3809481 0 56886 121779 4516764 5024092 0 0 2780557 3250827 0 0 1291638 1282151 4072195 4532978 444569 491114 6192184 6467455 4763650 4547807 1428534 1919648 TO IMPROVE STUDENTS' LEARNING WITH THE USE OF DIFFERENT AND INNOVATIVE LEARNING METHODS,INCREASING THE CHOICE OF LEARNING OPPORTUNITIES AND ESTABLISHING A NEW FORM OF ACCOUNTABILITY FOR SCHOOLS. false false 4123825 4033028 THE SCHOOL PROVIDES AN INNOVATIVE BASED LEARNING FOR STUDENTS IN GRADES KINDERGARTEN THROUGH EIGTH GRADE. 4123825 true false false false false false false false false false true false false false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 5 0 100 true false false false false false false false false X 7 7 false false false false false false false true true false false true true true true false false true true false X CRYSTAL YOAKUM 4076564673 1550 EAST CROWN POINT ROAD OCOEE FL 34761 X ALANA ALLEN BOARD MEMBER 0.50 X 0 0 0 ANTHONY DAWKINS PRESIDENT 0.50 X X 0 0 0 CHRISTOPHER DOLD BOARD MEMBER 0.50 X 0 0 0 HEATHER FRAGA BOARD MEMBER 0.50 X 0 0 0 KASH RAMSDALE BOARD MEMBER 0.50 X 0 0 0 NICOLE THOMAS-TATE BOARD MEMBER 0.50 X 0 0 0 RITA TIKADOR BOARD MEMBER 0.50 X 0 0 0 CRYSTAL YOAKUM DIRECTOR 40.00 X 0 0 0 false false false 1068030 24802 1092832 PROGRAM SERVICE FUND 3572265 3572265 CAPITAL OUTLAY FUND 230616 230616 TEACHER LEAD 6600 6600 3809481 216000 317768 -101768 -101768 -101768 OTHER 108973 108973 FIELD TRIP FEES 47528 47528 FUNDRAISING 27304 27304 39742 39742 223547 5024092 4033028 -101768 2454805 2346548 108257 613809 521403 92406 182213 144003 38210 41876 41876 26500 21200 5300 121752 97402 24350 32609 26087 6522 52681 42503 10178 118759 95007 23752 REPAIRS AND MAINTENANCE 228864 183091 45773 NON CAP EQUIPMENT 137840 136145 1695 SUPPLIES 83128 83128 COMMUNICATIONS 78452 62762 15690 359690 322670 37020 4532978 4123825 409153 0 75805 437996 289635 794474 10833 7974550 2836356 5360823 5138194 455088 96791 6192184 6467455 162659 166899 4600991 4380908 4763650 4547807 X 757286 1428534 1162362 1428534 1919648 6192184 6467455 X 491114 X false true X true true true X 456954 456954 7265212 2593177 4672035 252384 243179 9205 5138194 X 5341860 317768 317768 5024092 5024092 4850746 317768 317768 4532978 4532978 SCHEDULE D, PAGE 3, PART X PART X - FIN 48 FOOTNOTE 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 POSITION FOR THE PAST THREE TAX YEAR ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 317,768 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 317,768 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 UPON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS WAS PROVIDED A COPY OF FORM 990 FOR DETAILED REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT CONFICTS OF INTEREST WHEN THEY ARISE. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR DIRECTORS AND KEY EMPLOYEES WAS DETERMINED BY HOPE CHARTER SCHOOL'S BOARD OF DIRECTORS WHEN THE CHARTER SCHOOL APPLICATION WAS ESTABLSHED. EACH YEAR THE BOARD REVIEWS THE UPCOMING BUDGET WHICH INCLUDES ANY SALARY INCREASES. DUE TO THE FACT THAT SALARIES HAVE ALWAYS BEEN BELOW OCPS LEVELS, NO COMPARISON STUDY IS DONE. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR DIRECTORS AND KEY EMPLOYEES WAS DETERMINED BY HOPE CHARTER SCHOOL'S BOARD OF DIRECTORS WHEN THE CHARTER SCHOOL APPLICATION WAS ESTABLISHED. EACH YEAR THE BOARD REVIEWS THE UPCOMING BUDGET WHICH INCLUDES ANY SALARY INCREASES. DUE TO THE FACT THAT SALARIES HAVE ALWAYS BEEN BELOW OCPS LEVELS, NO COMPARISON STUDY IS DONE. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 RENTAL EXPENSES 317,768 RENTAL EXPENSES -317,768 ORANGE COUNTY SCHOOL BOARD 445 W AMELIA STREET ORLANDO FL 32801 SCHOOL BOA FL GOVT 6 N/A false LEGACY HIGH SCHOOL 1550 E CROWN POINT ROAD OCOEE FL 34761 CHARTER SC FL 501C3 2 N/A false false false false false true false false false false true false false false false true false true false false LEGACY HIGH SCHOOL - RENT FACILTY J 216000 FAIR MARKET VALUE LEGACY HIGH SCHOOL E 4380908 FAIR MARKET VALUE LEGACY HIGH SCHOOL Q 80631 SEE EXPLANATION BELOW LEGACY HIGH SCHOOL O SEE EXPLANATION BELOW SCHEDULE R THE TITLE OF THE SCHOOL BUILDING AND FACILITIES AND OTHER CAPITAL ASSETS 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 LEGACY HIGH SCHOOL. THE AGREEMENT INDICATES THAT THE AMOUNT WILL BE DETERMINED ANNUALLY. UNDER THE CURRENT AGREEMENT, RENT EXPENSE CHARGED TO LEGACY HIGH SCHOOL WAS 216,000. THE SCHOOL AND LEGACY HIGH SCHOOL JOINTLY BORROWED 5,700,000 TO CONSTRUCT SCHOOL FACILITIES. THE LAND AND NEWLY CONSTRUCTED BUILDINGS REMAIN COLLATERAL SECURITY FOR THE NEW INDEBTEDNESS. HOPE CHARTER SCHOOL PAYS CERTAIN COSTS ON BEHALF OF LEGACY HIGH SCHOOL. THESE COSTS ARE ALLOCATED ACCORDINGLY AND REIMBURSED TO HOPE CHARTER SCHOOL. THERE IS APPROXIMATELY 81,000 RECEIVABLE FROM LEGACY HIGH SCHOOL FOR ALLOCATED OPERATING COSTS IN THE CURRENT YEAR. HOPE CHARTER SCHOOL & LEGACY HIGH SCHOOL SHARE EMPLOYEES; AS SUCH LEGACY HIGH SCHOOL REIMBURSES HOPE ACADEMY FOR THEIR ALLOCATED PORTION OF EMPLOYEE EXPENSES.