KEY WEST INDEPENDENT EDUCATION INC

Address
5901 COLLEGE ROAD NO A 130
KEY WEST, FL 33040
Contact
Website: http://www.keywestacademy.org/
Phone: +1 (305) 296-6868
Nonprofit
NTEE: B25 - Secondary, High School
EIN: 65-0915399

Mission

KEY WEST INDEPENDENT EDUCATION, INC. IS A NONPROFIT OPERATOR OF A PUBLIC CHARTER HIGH SCHOOL SPONSORED BY THE SCHOOL BOARD OF MONROE COUNTY, FLORIDA. THROUGH THE COLLABORATION OF ALL STAKEHOLDERS, KEY WEST COLLEGIATE ACADEMY STRUCTURES A RIGOROUS AND INNOVATIVE ACADEMIC EXPERIENCE THAT HOLISTICALLY DEVELOPS EACH STUDENT AND FOSTERS THEIR SENSE OF PURPOSE IN ORDER TO PREPARE THEM TO CONTRIBUTE BOTH LOCALLY AND GLOBALLY AS RESPONSIBLE AND RESPECTFUL CITIZENS IN A COLLEGE PREPARATORY ENVIRONMENT.
 20172015201420132012
Basic features of the organization
Year of formation2000
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00   
Number of employees1012   
Number of people compensated >$100k00   
Number of volunteers3250   
Number of highly compensated contractors20   
Personnel
German, Todd
TitleDIRECTOR, CHAIRMAN, PRESIDENTCHAIRMAN   
Name of key/compensated personTODD GERMANTODD GERMAN   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Heitlinger, John
TitleDIRECTORDIRECTOR   
Name of key/compensated personJOHN DOLAN HEITLINGERJOHN DOLAN HEITLINGER   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Murphy, Shari
TitleDIRECTOR, SECRETARYDIRECTOR   
Name of key/compensated personSHARI MURPHYSHARI MURPHY   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrue    
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Roberts, Caroline
TitleDIRECTORSECRETARY   
Name of key/compensated personCAROLINE ROBERTSCAROLINE ROBERTS   
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officer True   
Average hours per week working for org2.002.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Winkler, Ed
TitleDIRECTOR    
Name of key/compensated personED WINKLER    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesESTABLISHED AS A CHARTER SCHOOL OF THE DISTRICT SCHOOL BOARD OF MONROE,FLORIDA.ESTABLISHED AS A CHARTER SCHOOL OF THE DISTRICT SCHOOL BOARD OF MONROE,FLORIDA, AND IS CONSIDERED A COMPONENT UNIT OF SUCH BOARD.   
Program service expenses, total$496,371.00$435,305.00   
Programs, including revenue & expenses
FOR THE FISCAL YEAR ENDED JUNE 30, 2017, 80 STUDENTS WERE ENROLLED IN GRADES NINTH THROUGH TWELFTH.
Program expenses$496,371.00    
Program revenue$7,864.00    
Program descriptionFOR THE FISCAL YEAR ENDED JUNE 30, 2017, 80 STUDENTS WERE ENROLLED IN GRADES NINTH THROUGH TWELFTH.    
THE SCHOOL PROVIDES A STRONG COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN HIGH SCHOOL. FOR THE FISCAL YEAR ENDED JUNE 30, 2015, 76 STUDENTS WERE ENROLLED.
Program expenses $435,305.00   
Program revenue $1,110.00   
Program description THE SCHOOL PROVIDES A STRONG COLLEGE PREPARATORY EDUCATION FOR STUDENTS IN HIGH SCHOOL. FOR THE FISCAL YEAR ENDED JUNE 30, 2015, 76 STUDENTS WERE ENROLLED.   
Financial data
Revenue
Total revenue$767,385.00$684,594.00   
Revenue from contributions (total)$754,053.00$684,886.00$586,497.00$206,676.00$383,515.00
Investment income, current yr$1,103.00$1.00   
Total revenue from grants, etc., current yr$754,053.00$684,886.00   
Total unrelated business revenue$0.00$0.00   
Other revenue, current yr$12,229.00-$293.00   
Net unrelated business taxable revenue$0.00$0.00   
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$784,244.00$695,998.00   
Sources of contributions
Revenue from gov't grants$754,053.00$684,886.00   
Other types of revenue
Miscellaneous revenue (total)$6,761.00$1,109.00   
Income from dividends, interest, and similar investments$1,103.00$1.00   
Net rental income $0.00$0.00$0.00$0.00
Net income from fundraising events$5,468.00-$1,402.00   
Expense categories (totals)
Total functional expenses: sum of all$727,181.00$628,180.00   
Total functional expenses: program service $496,371.00$435,305.00   
Total functional expenses: management and general$230,810.00$192,875.00   
Total functional expenses: fundraising$0.00$0.00   
Fees for services
Fundraising service fees (total)$0.00$0.00   
General management fees (total)$36,225.00$34,875.00   
Assets and liabilities
Total assets$291,798.00$159,513.00$93,159.00$65,106.00$68,302.00
Total assets, beginning of year$247,525.00$93,159.00   
Total liabilities$42,632.00$37,205.00$27,265.00$36,011.00$6,318.00
Total liabilities, beginning of year$38,563.00$27,265.00   
Net assets$249,166.00$122,308.00   
Net assets, beginning of year$208,962.00$65,894.00   
Other liabilities$20,632.00$24,005.00   
Other assets$7,086.00$11,571.00   
Cash: non-interest bearing$23,130.00$106,830.00   
Cash: non-interest bearing, beginning of year$17,046.00$67,950.00   
Other financial variables
Revenue less expenses$40,204.00$56,414.00   
Savings & temp cash investment$200,000.00    
Prepaid expenses & deferred charges$19,407.00$9,946.00   
Accounts payable & accrued expenses$22,000.00$13,200.00   
Total net assets or fund balances$249,166.00$122,308.00   
Depreciation, depletion, amortization$15,074.00$6,440.00   
Governance and accountability
Number of voting members54   
Number of independent voting members54   
Financial sheets auditedTrueTrue   
Accrual accountingTrueTrue   
Tax year start date2016-07-012014-07-01   
Tax year end date2017-06-012015-06-012014-06-012013-06-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990   
Date e-filing submitted2018-09-062016-03-29   
IRS schema version2016v3.02014v6.0   
Filing identifier201831279349302173201610359349301206   
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