Nonprofit · EIN 20-1776950
ALTERNATIVE EDUCATION FOUNDATION INC
Also known as KENTWOOD PREP SCHOOL
Tax-exempt · DAVIE, FL 33314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $4,968,087 | $4,817,767 | $150,320 | $2,486,522 | $1,554,924 | $931,598 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $44,224
- Program service revenue
- $4,701,779
- Investment income
- $272,102
- Net rental income
- -$50,018
- Other revenue
- -$50,018
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $8,363
- Salaries, compensation and benefits (total)
- $155,670
- Professional fundraising fees
- $0
- Legal fees
- $33,554
- Accounting fees
- $10,300
- Occupancy
- $465,979
- Travel
- $24,853
- Program services (functional)
- $4,483,742
- Management and general (functional)
- $334,025
Balance sheet and other
- Total assets, start of year
- $1,805,395
- Total assets, end of year
- $2,486,522
- Total liabilities, end of year
- $1,554,924
- Net assets, end of year
- $931,598
- Land, buildings and equipment
- $1,086,356
- Net assets without donor restrictions
- $931,598
- Gross receipts
- $5,033,835
- Employees
- 0
- Year formed
- 2004
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christy Hierholzer | Vice President Trustee or director | 5 | $0 |
| Lisa Rabinsky | Board Member Trustee or director | 5 | $0 |
| Gregory Serfer | Officer Trustee or director | 5 | $0 |
| Mark Stavitsky | President Trustee or director | 5 | $0 |
| Clarence Thomas | Board Member Trustee or director | 5 | $0 |
| Roberta Randel | Secretary Trustee or director | 5 | $0 |
| Lance Fein | Executive Dir. Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 4650 SW 61ST AVE, DAVIE, FL 33314-4406
- Mailing address (990-N for 2007)
- 4650 SW 61 Avenue, Davie FL 33314
- Principal officer (990-N for 2007)
- Tracy Walsh, 96 Wimbledon LAKES, Plantation FL 33324
- Signed the 990
- Lance Fein, President
- Phone
- (954) 327-4377
- Return prepared by
- Hammer Navarro Tanoli And Associates
Mission
To provide alternative education for children grades K-12.
Program accomplishments
- Education of children grades K-12.Expenses $4,483,742
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 20-1776950
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $2,486,522
- Income (IRS master file)
- $5,033,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | – | – | – | IRS |
| 990 | July 2024 | – | – | – | IRS |
| 990 | July 2022 | $3,465,678 | $3,334,495 | $821,661 | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: Tracy Walsh | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about ALTERNATIVE EDUCATION FOUNDATION INC
- What is the EIN of ALTERNATIVE EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of ALTERNATIVE EDUCATION FOUNDATION INC is 20-1776950.
- Is ALTERNATIVE EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to ALTERNATIVE EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALTERNATIVE EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALTERNATIVE EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALTERNATIVE EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of ALTERNATIVE EDUCATION FOUNDATION INC?
- The 990-N for 2007 names Tracy Walsh.
- Who are the officers and directors of ALTERNATIVE EDUCATION FOUNDATION INC?
- The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ALTERNATIVE EDUCATION FOUNDATION INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $4,968,087, expenses of $4,817,767 and total assets of $2,486,522 at year end.
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