2025-01-29T15:39:43-06:00 2024-06-30 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2023-07-01 800617347 FLVS FOUNDATION INC FLVS 4074133352 5422 CARRIER DRIVE 201 ORLANDO FL 32819 BETH BRUNNER FOUNDATION MANAGER 4074133352 2025-01-29 1 1 HARRY E HARP CPA P00176471 4077405400 2023 2025-03-06 01:10:19Z KIP BEACHAM 5422 CARRIER DRIVE 201 ORLANDO FL 32819 48203 0 X WWW.FLVSFOUNDATION.ORG X 2010 FL FLVS FOUNDATION, INC. INVESTS ITS RESOURCES TO PROVIDE ACCESS TO FLORIDA VIRTUAL SCHOOL EDUCATION. 8 8 0 25 0 0 174203 48203 0 0 0 0 -10637 -10181 163566 38022 35934 16709 0 0 0 26386 0 0 0 74444 38439 110378 81534 53188 -43512 111818 74613 5148 11455 106670 63158 FLVS FOUNDATION INVESTS ITS RESOURCES TO SUPPORT HIGH QUALITY, TECHNOLOGY-BASED EDUCATION THAT PROVIDES SKILLS AND KNOWLEDGE STUDENTS NEED FOR SUCCESS. 0 0 55294 16709 THE FOUNDATION PROVIDED FREE STEM CAMPS TO CENTRAL FLORIDA 5TH - 8TH GRADERS AT STARBASE ORLANDO. IN ADDITION, THE FOUNDATION CREATED ARTFUL EXPRESSIONS STUDENT SHOWCASE ALLOWING ALL K-12 STUDENTS THOUGHOUT FLORIDA THE OPPORTUNITY TO SUBMIT THEIR ARTWORK TO BE JUDGED LIVE AT THE FLVS ANNUAL PROFESSIONAL LEARNING CONFERNCE. THE PROGRAM WAS REPEATED VIRTUALLY IN MARCH OF 2024. 55294 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 FL X JANET CONWAY 4075133655 5422 CARRIER DRIVE SUITE 201 ORLANDO FL 32819 X KIP BEACHAM CHAIR 4.00 X X 0 0 0 MONICA CARDOZA DIRECTOR 2.00 X 0 0 0 BILL COLGATE MD DIRECTOR 2.00 X 0 0 0 MICHAEL LAROSA DIRECTOR 2.00 X 0 0 0 MIKE MILLER DIRECTOR 2.00 X 0 0 0 MONET NATHANIEL DIRECTOR 2.00 X 0 0 0 DANIEL PERMENTER DIRECTOR 2.00 X 0 0 0 MATT WEBER DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 32987 15216 48203 0 32987 10181 -10181 -10181 38022 0 0 -10181 X 7090 7090 9619 9619 26386 21109 5277 11525 11525 11000 2970 8030 3533 2879 654 2025 2025 1562 1379 183 571 571 TEACHER APPRECIATION 7585 7585 SUPPLIES 638 638 81534 55294 26240 0 101318 74613 10500 0 111818 74613 5148 11455 5148 11455 X 55727 11498 50943 51660 106670 63158 111818 74613 -43512 0 X X 0 1 X 1 0 X X 1 FLORIDA VIRTUAL SCHOOL 593721320 2 1 7090 0 1 7090 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 166152 117949 117949 48203 -10181 -10181 38022 209664 117949 10181 128130 81534 0 81534 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE FLORIDA STATUTES. ALTHOUGH THE FOUNDATION WAS GRANTED AN INCOME TAX EXEMPTION, SUCH EXEMPTION DOES NOT APPLY TO UNRELATED BUSINESS INCOME. AT JUNE 30, 2024, NO LIABILITY FOR UNRELATED BUSINESS INCOME TAXES EXISTED. THE FOUNDATION HAS ADOPTED THE APPLICATION OF THE UNCERTAIN TAX POSITION PROVISIONS OF FASB ASC 740, INCOME TAXES. IT PRESCRIBES AN EVALUATION PROCESS FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST, PENALTIES, DISCLOSURE, AND TRANSITIONS. THE PROVISIONS HAD NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2024, THE FOUNDATION HAS ACCRUED NO INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS AS EXPENSES. AS OF JUNE 30, 2024, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY UNITED STATES FEDERAL TAXING AUTHORITIES FOR ANY TAX YEARS PRIOR TO THE PAST THREE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -10,181. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 10,181. BASKET FUNDRAISER & SILENT AUCTION 21392 21392 370 1254 TOP GOLF EVENT 11595 11595 8207 350 32987 32987 370 8207 1604 10181 -10181 1 FLORIDA VIRTUAL SCHOOL 5422 CARRIER DRIVE SUITE 201 ORLANDO FL 32819 593721320 501(C)(3) 7090 0 GENERAL SUPPORT 1 SCHOLARSHIPS 4000 OTHER GRANTS 5619 PART I, LINE 2: FOR A STUDENT TO BE CONSISDERED FOR A SCHOLARSHIP, THE STUDENT MUST BE ENROLLED IN FLVS FULL TIME, EXCELLED IN SCHOOL DESPITE OVERCOMING CHALLENGES, AND MAINTAIN A WEIGHTED GRADE POINT AVERAGE OF AT LEAST 3.0. THE FOUNDATION NOTIFIES FLVS'S PRINCIPAL THAT THE SCHOLARSHIPS ARE BEING OFFERED AND STUDENTS ARE THEN NOMINATED BY TEACHERS/COUNSELORS FOR THE SCHOLARSHIP. ONCE NOMINATED, THE STUDENT IS ADVISED AND, IF INTERESTED, THEY MUST SUBMIT A BRIEF ESSAY TO THE FOUNDATION ALONG WITH THE NAME OF THE COLLEGE THEY WILL BE ATTENDING AND A PERMISSION FORM SIGNED BY A PARENT/GUARDIAN. THE FOUNDATION REVIEWS THE SUBMISSIONS AND SELECTS RECIPIENTS. ONCE SELECTED, THE FOUNDATION SENDS SCHOLARSHIP CHECKS TO THE STUDENTS' COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEW THE FORM 990 ANNUALLY. ANY QUESTIONS ABOUT THE CONTENT ARE ANSWERED AND ANY CHANGES REQUIRED AS A RESULT OF THE REVIEW ARE MADE. THE FINAL FORM 990 IS THEN MADE AVAILABLE TO THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTERESTS ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,120. MANAGEMENT AND GENERAL EXPENSES 8,030. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,150. OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 850. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 850. FORM 990 PART XII LINE 2C OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. FLORIDA VIRTUAL SCHOOL 5422 CARRIER DRIVE SUITE 201 ORLANDO FL 32819 593721320 K-12 VIRTUAL SCHOOL FL 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0