2026-02-17T08:49:18-06:00 2025-06-30 593023516 BKHM PA 1900 SUMMIT TOWER BLVD STE 170 ORLANDO FL 32810 990 2024-07-01 510542866 BELIEVERS ACADEMY INC BELI 5613402507 5840 CORPORATE WAY SUITE 100 WEST PALM BEACH FL 33407 MELISSA SMITH PRESIDENT 5613402507 2026-02-17 1 0 GEORGE KYLAN MCNEMAR P01775038 4079989000 2024 2025-03-06 01:10:19Z LORI DYER 5840 CORPORATE WAY SUITE 100 WEST PALM BEACH FL 33407 1790554 0 X WWW.BELIEVERSACADEMYINC.ORG X 2005 FL BELIEVERS ACADEMY IS DEDICATED TO ESE STUDENTS WHO ARE AT RISK OF DROPPING OUT OF THEIR SCHOOLS. 4 4 18 5 0 0 248249 163986 1650822 1408810 28118 25246 49350 113723 1976539 1711765 0 0 0 0 1163951 1106368 0 0 0 599384 738535 1763335 1844903 213204 -133138 1555468 1915971 289690 783331 1265778 1132640 X BELIEVERS ACADEMY IS DEDICATED TO ESE STUDENTS AGED FOURTEEN TO TWENTY-ONE WHO ARE AT RISK OF DROPPING OUT OF THEIR SCHOOLS DUE TO PERSISTENT LACK OF SUCCESS IN THAT ENVIRONMENT. THE MAIN GOAL OF BELIEVERS ACADEMY IS TO REDUCE READING AND MATH DEFICITS WHILE BUILDING VOCATIONAL SKILLS. EACH STUDENT WILL OBTAIN AND MAINTAIN EMPLOYMENT. THROUGH THESE ACCOMPLISHMENTS, EACH STUDENT WILL INCREASE THEIR SELF-ESTEEM AND BECOME A PRODUCTIVE CITIZEN. 0 0 1521578 1408810 THE SCHOOL PROVIDES AN ENVIRONMENT WHICH TEACHES STUDENTS THE SKILLS TO BE SUCCESSFUL ON THE JOB, WHILE BUILDING THEIR CONFIDENCE AND INDEPENDENCE THROUGH HANDS ON EMPLOYMENT AND INTERNSHIPS. THE SCHOOL SERVED AN AVERAGE OF 100 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2025. 1521578 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 18 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LORI DYER 5613402507 5840 CORPORATE WAY SUITE 100 WEST PALM BEACH FL 33407 MELISSA SMITH PRESIDENT 0.50 X X 0 0 0 LYNN KELLY VICE PRESIDENT 0.50 X X 0 0 0 SHELLY TRAVELSTEAD BOARD MEMBER 0.50 X X 0 0 0 BRUCE FOWLER TREASURER 0.50 X X 0 0 0 TAMMY FERGUSON SECRETARY 0.50 X X 0 0 0 LORI DYER CEO 45.00 X 72866 0 25942 MAGGIE PRINCE PRINCIPAL 44.00 X 130152 0 23169 203018 0 49111 1 0 1 0 0 163986 163986 PER PUPIL FEES 900099 1408810 1408810 1408810 25246 25246 192512 78789 113723 113723 1711765 1408810 0 138969 X 252129 209267 42862 655326 543921 111405 9049 7420 1629 120684 98961 21723 69180 56728 12452 780 390 390 247713 203125 44588 43245 35461 7784 4800 3936 864 208105 170646 37459 34523 28309 6214 SUPPLIES 115802 94958 20844 COMMUNICATIONS AND ADVE 25284 20733 4551 EDUCATIONAL CONTRACTS & 16378 13430 2948 ENERGY SERVICES AND UTL 15419 12644 2775 26486 21649 4837 1844903 1521578 323325 0 1242396 1129697 38260 4761 22793 932365 166358 236513 766007 15506 15506 1555468 1915971 273690 229541 16000 553790 289690 783331 X 1230363 1072633 35415 60007 1265778 1132640 1555468 1915971 -133138 0 X 0 1 X 1 0 X 706000 706000 37500 37500 0 147277 109129 38148 41588 19729 21859 766007 NOTES PAYABLE 553790 553790 X 1827813 116048 116048 1711765 0 1711765 1960951 116048 116048 1844903 0 1844903 PART X, LINE 2: THE SCHOOL 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. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL 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. THIS GUIDANCE IS APPLICABLE TO NOT-FOR-PROFIT ORGANIZATIONS THAT MAY BE CONDUCTING UNRELATED BUSINESS ACTIVITIES, WHICH ARE POTENTIALLY SUBJECT TO INCOME TAXES, INCLUDING STATE INCOME TAXES. THE SCHOOL 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 THE SCHOOL 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 SCHOOL'S FINANCIAL STATEMENTS, AS THE SCHOOL 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH ADMIN FEES 37,259. FUNDRAISING 78,789. PART XII, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH ADMIN FEES 78,789. FUNDRAISING 37,259. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, NEWSLETTERS, LOCAL NEIGHBOURHOOD EVENTS, NEWSPAPERS, OPEN HOUSE, AND VIDEOS. SCHEDULE E, PART I, 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. GOLF TOURNAMENT 192512 192512 78789 192512 192512 78789 78789 113723 X X X 0 0 0 0 0 0 0 0 0 MAGGIE PRINCE PRINCIPAL 130152 0 0 0 0 0 0 0 23169 0 153321 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS REVIEWS SALARY AND BENEFITS OF SCHOOL DISTRICT EMPLOYEES AND PROVIDES A WRITTEN CONTRACT TO THE EMPLOYEE THAT IS BOARD APPROVED. FORM 990, PART VI, SECTION B, LINE 11B OPERATIONS DIRECTOR, MARK MANNERS, THE SCHOOL'S ACCOUNTING SERVICES PROVIDER, CYNDEE ZECK, AND THE BOARD OF DIRECTORS JOINTLY REVIEW FORM 990 FOR COMPLETENESS AND ACCURACY. IF ANY QUESTIONS ARISE, THE PREPARERS ARE CONTACTED FOR FURTHER EXPLANATION. ONCE THE REVIEW HAS BEEN COMPLETED, FORM 990 IS SIGNED AND FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT CONFLICTS OF INTEREST AS THEY BECOME APPARENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONTRACT WITH AND DETERMINE THE SALARIES OF THE ACADEMIC AND OPERATIONS DIRECTORS. THE BOARD REVIEWS THE SALARIES AND BENEFITS PROVIDED TO THE PRINCIPALS AND ADMINISTRATORS OF THE LOCAL SCHOOL DISTRICT AND USES THIS AS A BASIS FOR DETERMINING COMPENSATION. COMPENSATION IS ALSO AFFECTED BY THE BOARD'S REVIEW OF BUDGET AND STUDENT PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD AND ARE DISCLOSED IN ADVERTISED PUBLIC MEETINGS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 203,125. MANAGEMENT AND GENERAL EXPENSES 44,588. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 247,713.