Aventura Community Schools
- Assets
- $2.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 22
- Location
- Nashville, TN
- Founding
- Data as of
- 06/2023
- EIN
- 85-3501270
Organization Overview
Aventura Community Schools is located in Nashville, TN. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Aventura Community Schools employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aventura Community Schools 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 06/2023, Aventura Community Schools generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 69.3% each year . All expenses for the organization totaled $2.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AVENTURA COMMUNITY SCHOOL'S MISSION IS TO ELEVATE PEACE AND JUSTICE BY INSPIRING OUR DIVERSE COMMUNITY TO LIVE AS CURIOUS GLOBAL CITIZENS DEDICATED TO CHANGING THE WORLD. FOLLOWING THEIR K-8 JOURNEY AT AVENTURA COMMUNITY SCHOOL, STUDENTS WILL GRADUATE WITH ACADEMIC MASTERY AND CURIOSITY, GLOBAL COMPETENCE INCLUDING BILITERACY IN ENGLISH AND SPANISH, AND A TRACK RECORD OF POSITIVE CONTRIBUTION TO THEIR COMMUNITY THAT TOGETHER ENSURE THEY ARE PREPARED FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND A MEANINGFUL LIKE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR, THE ORGANIZATION SUCCESSFULLY DEVELOPED THE SCHOOL FACILITIES, HIRED SCHOOL STAFF AND PLANNED FOR THE OPENING OF ITS FIRST CLASS WHICH OPENED IN AUGUST, 2022, SHORTY AFTER THE CLOSE OF THE CURRENT FISCAL YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie Garcia Knowles Chair | OfficerTrustee | 1 | $0 |
Lindsey Harris Vice Chair | OfficerTrustee | 1 | $0 |
Alex L Lorenz Treasurer | OfficerTrustee | 1 | $0 |
Karla Vazquez Moreno Secretary | OfficerTrustee | 1 | $0 |
Aaron Mcgee Director | Trustee | 1 | $0 |
Dawana Wade Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grayline Of Tennessee | 6/29/23 | $145,900 |
Pie Llc | 6/29/23 | $102,992 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,234,654 |
| All other contributions, gifts, grants, and similar amounts not included above | $772,839 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,007,493 |
| Total Program Service Revenue | $39,399 |
| Investment income | $5,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,052,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $277,000 |
| Compensation of current officers, directors, key employees. | $60,316 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,402,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,824 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $231,672 |
| Travel | $95,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $243,965 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,638,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $741,439 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,160 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $484,905 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,111,850 |
| Other assets | $230,410 |
| Total assets | $2,588,764 |
| Accounts payable and accrued expenses | $231,984 |
| Grants payable | $0 |
| Deferred revenue | $7,841 |
| Tax-exempt bond liabilities | $0 |
| 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 | $1,318,472 |
| Total liabilities | $1,558,297 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,030,467 |
| Total liabilities and net assets/fund balances | $2,588,764 |