Out-Of-Door Academy Of Sarasota Inc
- Assets
- $70.6m
- Revenue
- $28.0m
- Investments
- $0.0
- Employees
- 255
- Location
- Sarasota, FL
- Founding
- 01/1978
- Data as of
- 06/2022
- EIN
- 59-1731857
Organization Overview
Out-Of-Door Academy Of Sarasota Inc is located in Sarasota, FL. The organization was established in 1978. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Out-Of-Door Academy Of Sarasota Inc employed 255 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Out-Of-Door Academy Of Sarasota Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Out-Of-Door Academy Of Sarasota Inc generated $28.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $24.1m during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS AN INDEPENDENT COLLEGE PREPARATORY SCHOOL, OUR MISSION IS TO PROVIDE AN ENVIRONMENT IN WHICH STUDENTS STRIVE TO ACHIEVE THEIR HIGHEST ACADEMIC GOALS AND TO BUILD CHARACTER THROUGH A BALANCED PROGRAM OF ACADEMICS, THE ARTS, AND ATHLETICS.
Describe the Organization's Program Activity:
LOCATED IN SARASOTA, FLORIDA, THE OUT-OF-DOOR ACADEMY PROVIDES TWO UNIQUE EDUCATIONAL ENVIRONMENTS PROVEN TO PRODUCE EXCEPTIONAL RESULTS: THE HISTORIC SETTING OF ITS LOWER SCHOOL (GRADES PREK-5) ON SIESTA KEY AND, AND THE COLLEGIATE-STYLE UIHLEIN CAMPUS AT LAKEWOOD RANCH (GRADES 6-12). THE OUT-OF-DOOR ACADEMY HAS BEEN THE EDUCATIONAL LEADER IN THE GREATER SARASOTA COMMUNITY FOR OVER 95 YEARS. WE CONTINUE TO SET A STANDARD OF EXCELLENCE RECOGNIZED BY THE BEST COLLEGES AND UNIVERSITIES ACROSS THE NATION. RANKED BY THE CUM LAUDE SOCIETY IN THE TOP 1% OF ALL SECONDARY SCHOOLS IN THE NATION, WE ARE PROUD TO BE KNOWN FOR PROVIDING AN OUTSTANDING EDUCATION THAT INSPIRES STUDENTS TO REACH THEIR TRUE POTENTIAL AND PURSUE THEIR DREAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mahler Former Head Of School | 0 | $527,319 | |
Angel Cappar CFO | Officer | 40 | $218,500 |
Jim Connor Interim Head | Officer | 40 | $198,655 |
Julie Bianchi Head Of Middle Sch | 40 | $135,000 | |
Darryl Calkins Us Academic Dean | 40 | $128,400 | |
Jason Mahn Asst Ms Head | 40 | $121,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fisher & Phillips Llp Legal Services | 6/29/22 | $112,053 |
City Wide Maintenance Of Tampa Cleaning Services | 6/29/22 | $335,081 |
Brillant Harvest Llc Solar Arrays | 6/29/22 | $772,500 |
Flik Independent Schools Food Services | 6/29/22 | $243,094 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $319,378 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,120,652 |
| Noncash contributions included in lines 1a–1f | $2,239,414 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,440,030 |
| Total Program Service Revenue | $20,895,244 |
| Investment income | $548,998 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $94,842 |
| Net Gain/Loss on Asset Sales | $2,547,615 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,952,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,976,514 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,635,951 |
| Compensation of current officers, directors, key employees. | $330,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,300,796 |
| Pension plan accruals and contributions | $544,735 |
| Other employee benefits | $1,583,822 |
| Payroll taxes | $774,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,984 |
| Fees for services: Accounting | $42,792 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $99,955 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,270,604 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $582,398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,952,654 |
| Insurance | $398,229 |
| All other expenses | $160,836 |
| Total functional expenses | $24,069,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,753,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,272,865 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,225 |
| Prepaid expenses and deferred charges | $570,787 |
| Net Land, buildings, and equipment | $33,516,448 |
| Investments—publicly traded securities | $28,739,319 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $17,954 |
| Other assets | $665,214 |
| Total assets | $70,559,157 |
| Accounts payable and accrued expenses | $1,851,835 |
| Grants payable | $0 |
| Deferred revenue | $3,725,163 |
| Tax-exempt bond liabilities | $21,830,501 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $224,521 |
| Total liabilities | $27,632,020 |
| Net assets without donor restrictions | $39,295,552 |
| Net assets with donor restrictions | $3,631,585 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,559,157 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Out-Of-Door Academy Of Sarasota Inc has recieved totaling $100,233.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT, SCHOLARSHIP SUPPORT | $63,549 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: EDUCATION | $26,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $684 |
Endowment Analysis
| Beg. Balance | $115,999 |
| Earnings | -$364,217 |
| Net Contributions | $2,123,579 |
| Ending Balance | $1,875,361 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bolles School Jacksonville, FL | $131,930,396 | $55,866,326 |
Miami Country Day School Inc Miami, FL | $132,305,093 | $52,562,056 |
Greater Atlanta Christian Schools Inc Norcross, GA | $104,910,212 | $44,897,863 |
Pace Academy Inc Atlanta, GA | $185,935,585 | $47,968,638 |
Purpose Built Schools Atlanta Inc Atlanta, GA | $15,990,097 | $34,651,857 |
Wesleyan School Inc Peachtree Corners, GA | $136,567,654 | $38,199,935 |
Paideia School Incorporated Atlanta, GA | $78,987,802 | $31,795,237 |
Benjamin Private School Inc North Palm Beach, FL | $92,959,329 | $35,673,109 |
The Schools Of Mckeel Academy Inc Lakeland, FL | $39,834,851 | $32,368,033 |
Darlington School Rome, GA | $83,633,921 | $28,448,149 |
Community School Of Naples Inc Naples, FL | $81,837,065 | $29,324,734 |
Walker School Inc Marietta, GA | $80,389,488 | $24,370,544 |