Nonprofit · EIN 65-0854393
SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC
Tax-exempt · SARASOTA, FL 34237
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,221,742 | $2,193,668 | $28,074 | $687,285 | $897,367 | -$210,082 |
| June 30, 2024 | 990 | $1,769,917 | $2,400,913 | -$630,996 | $738,993 | $963,670 | -$224,677 |
| June 30, 2023 | 990 | $2,267,720 | $2,512,691 | -$244,971 | $1,439,167 | $1,069,745 | $369,422 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,062,190
- of which government grants
- $151,270
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $159,552
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,055,863
- Salaries, compensation and benefits (total)
- $1,235,306
- Professional fundraising fees
- $0
- Occupancy
- $463,949
- Travel
- $19,624
- Depreciation
- $232,362
- Program services (functional)
- $1,884,542
- Management and general (functional)
- $301,638
- Fundraising (functional)
- $7,488
Balance sheet and other
- Total assets, start of year
- $738,993
- Total assets, end of year
- $687,285
- Total liabilities, end of year
- $897,367
- Net assets, end of year
- -$210,082
- Land, buildings and equipment
- $176,524
- Net assets without donor restrictions
- -$210,082
- Gross receipts
- $2,221,742
- Employees
- 10
- Volunteers
- 12
- Year formed
- 1998
- 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 |
|---|---|---|---|
| BARRY PRESTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JAKOB HART | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TERRELL NEAL | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID ZUSPANN | DIRECTOR Trustee or director | 2 | $0 |
| FAYTH JENKINS | EXECUTIVE DIRECTOR Key employee, Highest-paid employee | 40 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FAYTH JENKINS | EXECUTIVE DIRECTOR Key employee, Highest-paid employee | 40 | $90,462 |
| BARRY PRESTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JAKOB HART | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TERRELL NEAL | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID ZUSPANN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR SHERIKA EVANS | EXECUTIVE DIRECTOR Key employee, Highest-paid employee | 40 | $108,000 |
| BARRY PRESTON | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JAKOB HART | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TERRELL NEAL | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID ZUSPANN | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 845 S SCHOOL AVE, SARASOTA, FL 34237-8039
- Principal officer (990 for 2024)
- SHERIKA EVANS, 845 S School Avenue, Sarasota, FL 34237
- Signed the 990
- BARRY PRESTON, PRESIDENT
- Phone
- (941) 953-4433
- Return prepared by
- Mark Escoffery PA
Mission
SEE SCHEDULE O, OTHER
Program accomplishments
- THE ORGANIZATION OPERATED A CHARTER SCHOOL WITH 117 STUDENTS.Expenses $1,884,542 · revenue $2,221,742
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 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
- 65-0854393
- 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
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $687,285
- Income (IRS master file)
- $2,221,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,221,742 | $2,193,668 | $687,285 | IRS |
| 990 | June 2024 | $1,769,917 | $2,400,913 | $738,993 | XML |
| 990 | June 2023 | $2,267,720 | $2,512,691 | $1,439,167 | XML |
| 990 | June 2022 | $2,458,870 | $2,796,122 | $672,211 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 65-0854393).
Questions about SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC
- What is the EIN of SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC?
- The employer identification number (EIN) of SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC is 65-0854393.
- Is SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUNCOAST SCHOOL FOR INNOVATIVE STUDIES 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 SUNCOAST SCHOOL FOR INNOVATIVE STUDIES 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 SUNCOAST SCHOOL FOR INNOVATIVE STUDIES 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 SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC?
- The 990 for the year ended June 30, 2025 names SHERIKA EVANS.
- Who are the officers and directors of SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SUNCOAST SCHOOL FOR INNOVATIVE STUDIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,221,742, expenses of $2,193,668 and total assets of $687,285 at year end.
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