Nonprofit · EIN 45-0468799
MINNEOLA CHARTER SCHOOLS INC
Tax-exempt · MINNEOLA, FL 34715
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,870,560 | $18,012,679 | -$1,142,119 | $19,056,642 | $11,044,876 | $8,011,766 |
| June 30, 2024 | 990 | $17,249,779 | $13,408,466 | $3,841,313 | $18,938,838 | $9,784,953 | $9,153,885 |
| June 30, 2023 | 990 | $17,906,854 | $16,673,975 | $1,232,879 | $15,176,949 | $9,864,377 | $5,312,572 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $300,401
- of which government grants
- $300,401
- Program service revenue
- $16,456,571
- Investment income
- $15,641
- Other revenue
- $97,947
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $289,936
- Other salaries and wages
- $9,319,534
- Salaries, compensation and benefits (total)
- $14,281,201
- Professional fundraising fees
- $0
- Accounting fees
- $31,400
- Occupancy
- $160,938
- Travel
- $77,291
- Depreciation
- $701,916
- Program services (functional)
- $14,881,689
- Management and general (functional)
- $3,130,990
Balance sheet and other
- Total assets, start of year
- $18,938,838
- Total assets, end of year
- $19,056,642
- Total liabilities, end of year
- $11,044,876
- Net assets, end of year
- $8,011,766
- Land, buildings and equipment
- $8,322,869
- Net assets without donor restrictions
- $7,616,349
- Net assets with donor restrictions
- $395,417
- Gross receipts
- $16,870,560
- Employees
- 229
- Volunteers
- 140
- Year formed
- 2002
- State of legal domicile
- FL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY WATTS | PRINCIPAL Officer | 50 | $155,400 |
| KIM DISON | ASSISTANT PRINCIPAL Highest-paid employee | 50 | $134,535 |
| CPT RON PATTON | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DAVID HOSMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CPT MICHAEL BOND | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 |
| BARBARA SUSAN SALAZAR | BOARD TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN SCHMID | BOARD SECRETARY Trustee or director, Officer | 1 | $0 |
| LT RON PATTON | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY WATTS | PRINCIPAL Officer | 50 | $150,100 |
| KIM DISON | ASSISTANT PRINCIPAL Highest-paid employee | 50 | $129,985 |
| WHITNEY REYES | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DAVID HOSMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CPT MICHAEL BOND | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 |
| BARBARA SUSAN SALAZAR | BOARD TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN SCHMID | BOARD SECRETARY Trustee or director, Officer | 1 | $0 |
| LT RON PATTON | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY WATTS | PRINCIPAL Officer | 50 | $150,100 |
| KIM DISON | ASSISTANT PRINCIPAL Highest-paid employee | 50 | $129,985 |
| WHITNEY REYES | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DAVID HOSMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CPT MICHAEL BOND | BOARD CHAIRMAN Trustee or director, Officer | 1 | $0 |
| BARBARA SUSAN SALAZAR | BOARD TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN SCHMID | BOARD SECRETARY Trustee or director, Officer | 1 | $0 |
| LT RON PATTON | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 320 E PEARL ST, MINNEOLA, FL 34715-9001
- Principal officer (990 for 2024)
- CPT MICHAEL BOND, 320 EAST PEARL STREET, MINNEOLA, FL 34715
- Signed the 990
- CPT MICHAEL BOND, BOARD CHAIRMAN
- Phone
- (352) 394-2600
- Website
- HTTP://LAKE.K12.FL.US/MOE
- Return prepared by
- BKHM PA
Mission
TO PROVIDE AN EXCEPTIONAL EDUCATIONAL PROGRAM COMMITTED TO PRODUCING A STRONG ACADEMIC STUDENT WITH GOOD JUDGEMENT, DISCIPLINE, AND DRIVE, WHILE ALSO ESTABLISHING A NEW FORM OF ACCOUNTABILITY FOR SCHOOLS.
Program accomplishments
- THE CHARTER SCHOOL PROVIDES AN EDUCATION PROGRAM TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH FIFTH. THE SCHOOL HAS IMPLEMENTED A CURRICULUM WITH STRATEGIC OBJECTIVES DESIGNED TO MEET OR EXCEED THE STANDARDS SET BY OTHER COMPARABLE STUDENT POPULATIONS. A TOTAL OF 1,787 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDED JUNE 30, 2025.Expenses $14,881,689 · revenue $16,554,518
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-0468799
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $19,056,642
- Income (IRS master file)
- $16,870,560
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,870,560 | $18,012,679 | $19,056,642 | XML |
| 990 | June 2024 | $17,249,779 | $13,408,466 | $18,938,838 | XML |
| 990 | June 2023 | $17,906,854 | $16,673,975 | $15,176,949 | XML |
| 990 | June 2022 | $14,463,653 | $12,960,631 | $14,329,481 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 45-0468799).
Questions about MINNEOLA CHARTER SCHOOLS INC
- What is the EIN of MINNEOLA CHARTER SCHOOLS INC?
- The employer identification number (EIN) of MINNEOLA CHARTER SCHOOLS INC is 45-0468799.
- Is MINNEOLA CHARTER SCHOOLS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to MINNEOLA CHARTER SCHOOLS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINNEOLA CHARTER SCHOOLS 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 MINNEOLA CHARTER SCHOOLS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNEOLA CHARTER SCHOOLS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MINNEOLA CHARTER SCHOOLS INC?
- The 990 for the year ended June 30, 2025 names CPT MICHAEL BOND.
- Who are the officers and directors of MINNEOLA CHARTER SCHOOLS INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $155,400 (SHERRY WATTS, PRINCIPAL).
- How much revenue does MINNEOLA CHARTER SCHOOLS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,870,560, expenses of $18,012,679 and total assets of $19,056,642 at year end.
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