2024-05-02T12:23:32-04:00 2023-06-30 822180420 MCCRADY & ASSOCIATES PLLC 107 WATER OAK LN ALTAMONTE SPRINGS FL 32714 990 2022-07-01 593597540 TEAM SUCCESS A SCHOOL OF EXCELLENCE TEAM 9417147260 202 13TH AVENUE EAST BRADENTON FL 34208 DOUGLAS COLKITT PRESIDENT 9417147260 2023-04-18 true DOUGLAS COLKITT 999009999 false STACY MCCRADY P00168993 4079604429 2024-05-02 2022 2023-04-26 12:10:37Z DOUGLAS COLKITT 202 13TH AVE E BRADENTON FL 34208 17574729 false X WWW.TEAMSUCCESSSCHOOLS.COM X 1999 FL TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT WHERE THEY ARE GIVEN AN OPPORTUNITY TO FULFILL THEIR POTENTIAL IN A DYNAMIC ENVIRONMENT THAT ENCOURAGES AND REWARDS HIGH SCHOLASTIC ACHIEVEMENT. 5 5 156 0 2215112 5883328 10924287 11614045 20105 310349 57251 13449748 17574729 0 0 5810969 10490249 0 0 7257990 5226753 13068959 15717002 380789 1857727 30823100 34236881 28821950 30378004 2001150 3858877 X TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT WHERE THEY ARE GIVEN AN OPPORTUNITY TO FULFILL THEIR POTENTIAL IN A DYNAMIC ENVIRONMENT THAT ENCOURAGES AND REWARDS HIGH SCHOLASTIC ACHIEVEMENT. false false 14035557 17574729 TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT. PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT. 14035557 true false false false false false false false false false true false false true true 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 20 0 156 true false false false false false false false false X 5 5 false true false false false false false true true false false false true true true true true true true false X ELIAS CADENA 9417147260 202 13TH AVENUE EAST BRADENTON FL 34208 X DOUGLAS COLKITT PRESIDENT 0.50 X X 0 0 0 VINCENT FODERINGHAM BOARD MEMBER 0.50 X 0 0 0 JC SIMS BOARD MEMBER 0.50 X 0 0 0 ELLEN SPARKS BOARD MEMBER 0.50 X 0 0 0 EDWARD VILTZ BOARD MEMBER 0.50 X 0 0 0 false false false SPENCE MANAGEMENT GROUP 6556 MOORINGS POINT CIRCLE UNIT 202 BRADENTON FL 34202 MANAGEMENT 3357200 1 5883328 5883328 PROGRAM SERVICE REVENUE 11614045 11614045 11614045 20105 20105 CLUB ACTIVITY FUNDS 50720 50720 RENTAL FROM FACILITES 5531 5531 GENERAL GIFTS AND DONATIONS 1000 1000 57251 17574729 11691401 9807373 8866615 940758 87130 83243 3887 170370 159289 11081 425376 405154 20222 38440 38440 200192 163091 37101 29850 23880 5970 27634 22107 5527 22553 18042 4511 240699 192559 48140 339349 271692 67657 -300 -240 -60 1459141 1167313 291828 432833 381502 51331 204814 163613 41201 FOOD 566258 566258 LEASES 431781 345425 86356 SUPPLIES 414788 394603 20185 NON-CAP 319545 319536 9 499176 453435 45741 15717002 14035557 1681445 0 8012105 4737564 126327 1858776 37007 1600 23098102 1272980 18071906 21825122 4575755 5813819 30823100 34236881 424611 869070 24000000 23775000 4397339 5733934 28821950 30378004 X -1034501 -32584 3035651 3891461 2001150 3858877 30823100 34236881 1857727 X false true X true true true X 50000 50000 22148279 705823 21442456 100488 100488 743430 442106 301324 55905 24563 31342 21825122 RIGHT TO USE ASSET 5639819 AMOUNT DEFERED IN BOND PREMIUM 174000 5813819 LEASE OBLIGATION 5733934 5733934 X 17574729 17574729 17574729 15717002 15717002 15717002 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 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 PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, NEWSPAPERS, LOCAL NEIGHBORHOOD EVENTS, OPEN HOUSES AND VIDEOS. 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. OTHER REVENUES FROM GOVERNMENT AGENCIES INCLUDE THE US DEPARTMENT OF EDUCATION. GRANTS RECEIVED INCLUDE NATIONAL BREAKFAST AND LUNCH PROGRAMS,AND TITLE I FUNDS. FORM 990 - ORGANIZATION'S MISSION TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT WHERE THEY ARE GIVEN AN OPPORTUNITY TO FULFILL THEIR POTENTIAL IN A DYNAMIC ENVIRONMENT THAT ENCOURAGES AND REWARDS HIGH SCHOLASTIC ACHIEVEMENT. FORM 990, PAGE 2, PART III, LINE 4D PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT. FORM 990, PAGE 6, PART VI, LINE 3 THE SCHOOL HAS ENTERED INTO A CONTRACTUAL AGREEMENT WITH SPENCE MANAGEMENT GROUP, LLC TO PROVIDE MANAGEMENT, ADMINISTRATIVE AND TRANSPORTATION SERVICES TO THE SCHOOL. THE MANAGEMENT AGREEMENT COMMENCED MARCH 1, 2018 AND EXPIRES JUNE 30, 2030. THE FEES TO BE PAID TO THE MANAGEMENT COMPANY WILL BE 1,950 PER FULL-TIME EQUIVALENT STUDENT ENROLLED AT THE SCHOOL. THE FEE FOR SERVICES IS SUBJECT TO AN INCREASE OF UP TO 5% EACH FISCAL YEAR, IF THE BUDGET ALLOWS AND ALL PERFORMANCE MEASURES AND OTHER REQUIREMENTS ARE MET. IN RETURN FOR THE FEES, TEAM SUCCESS SCHOOLS, LLC SHALL BE RESPONSIBLE FOR PROVIDING MANAGEMENT SERVICES IN THE AREAS OF FINANCIAL OPERATIONS, FACILITY AND EQUIPMENT PROCUREMENT AND MAINTENANCE, CURRICULUM ASSESSMENT AND EVALUATION, TECHNOLOGY AND OPERATIONAL SUPPORT, HUMAN RESOURCES, STUDENT RECRUITMENT AND PROVIDE TRANSPORTATION SERVICES TO THE CHARTER SCHOOL. THE CONTRACT MAY BE TERMINATED BY THE SCHOOL FOR TERMINATION OR NON-RENEWAL OF THE CHARTER WITH THE SCHOOL BOARD AND FOR MATERIAL BREACHES OF CONTRACT TERMS WHICH HAVE NOT BEEN CURED WITHIN TEN DAYS OF WRITTEN NOTICE AT THE TIME OF THE CONTRACT BREACH. FOR THE YEAR ENDED JUNE 30, 2022, THE SCHOOL INCURRED APPROXIMATELY 3,037,007 OF MANAGEMENT FEES AND IS REFLECTED AS A GENERAL ADMINISTRATION EXPENSE/EXPENDITURE IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS GIVEN TO THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICTS OF INTEREST THAT ARISE ARE REPORTED IN THE ANNUAL ACCOUNTABILITY REPORT TO THE DEPARTMENT OF EDUCATION. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES SALARIES FOR DIRECTORS, TOP MANAGEMENT AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS APPROVES SALARIES FOR OFFICERS AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. MANATEE COUNTY SCHOOL BOARD 215 MANATEE AVE WEST BRADENTON FL 34205 SCHOOL BOA FL GOVT 6 NA false false false false false false false false false false false false false false false false false false false false