Virtual Preparatory Academy Of Florida Inc
- Assets
- $1.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Kissimmee, FL
- Founding
- Data as of
- 06/2023
- EIN
- 88-1483423
Organization Overview
Virtual Preparatory Academy Of Florida Inc is located in Kissimmee, FL. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virtual Preparatory Academy Of Florida Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VIRTUAL PREPARATORY ACADEMY OF FLORIDA (VPA OF FLORIDA) IS TO REACH ALL STUDENTS WITH AN INDIVIDUALIZED, CAREER-FOCUSED EDUCATION IN AN INTERACTIVE LEARNING ENVIRONMENT ROOTED IN RIGOR AND INNOVATION. WE ARE DEDICATED TO ACADEMIC EXCELLENCE THAT EMPOWERS AND PREPARES STUDENTS FOR A WORLD OF OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY IS A FLORIDA NON-PROFIT CORPORATION THAT WAS ORGANIZED TO OPERATE A PUBLIC CHARTER SCHOOL. IN THE YEAR ENDED JUNE 30, 2023, THE ACADEMY SERVED AN AVERAGE DURING THE SCHOOL YEAR OF 167 STUDENTS IN GRADES K-8 FOR 180 INSTRUCTIONAL DAYS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Fuhrmeister Board Treasu | OfficerTrustee | 1 | $0 |
Stevie Johns Board Chair | OfficerTrustee | 2 | $0 |
Jennifer Parker Board Secret | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,025,295 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,143,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,168,795 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,168,795 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,056,559 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $150,657 |
| Payroll taxes | $83,940 |
| Fees for services: Management | $169,140 |
| Fees for services: Legal | $9,715 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,860 |
| Advertising and promotion | $57,240 |
| Office expenses | $13,470 |
| Information technology | $314,382 |
| Royalties | $0 |
| Occupancy | $49,773 |
| Travel | $845 |
| 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 | $0 |
| Insurance | $5,617 |
| All other expenses | $11,112 |
| Total functional expenses | $2,170,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,347 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,493 |
| 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 | $833 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,386,769 |
| Total assets | $1,506,442 |
| Accounts payable and accrued expenses | $279,198 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $241,167 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $988,151 |
| Total liabilities | $1,508,516 |
| Net assets without donor restrictions | -$2,074 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,506,442 |