Big Pine Elementary Academy INC FY2021 filing

Tax-deductible

Big Pine Key, FL501(c)(3)Since 2006EducationEIN 20-5732425Revenue $1.4M in FY2021

On file with the IRSbigpineacademy.com30220 Overseas Hwy, 33043-3357 · Big Pine Key, FLTax-exempt since Jul 2007School — 170(b)(1)(A)(ii)

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The school is an independent public school that is chartered by the monroe county school district and provides education to students in pre-kindergarten through fifth grade. Enrollment is open to pupils on a first-come / first served basis.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$80K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $144K a year · 9% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$153K
88% of total assets
Concern: liabilities are 88% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+11% vs prior year
Spent
$1.3M
To programs
82%
Net assets
$20K
By yearFY2020–FY2024
Revenue
$1.4M
FY2021▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.6M
FY2023$1.7M
FY2024$1.7M
FY2024$1.6M
Expenses
$1.3M
FY2021-0.2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.3M
FY2023$1.6M
FY2024$1.6M
FY2024$1.4M
Net assets
$20K
FY2021▲ +113%
Tap a bar for its year
Net assets by fiscal year
FY2020−$151K
FY2021$20K
FY2022$295K
FY2023$435K
FY2024$539K
FY2024$744K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $1.0M Management & general 18% · $222K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$79,504Pt VII · Sec A
Secretary&treas
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jessica Brattain’s $75K as Principal is at the 16th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Sarah Wiiliams————$79,504$82,443
Sarah Williams——$77,740$77,000——
Jessica Brattain$75,213—————
Brad Sussman—$28,895————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Big Pine Elementary Academy INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides education for pre-K through fifth-grade students on a first-come, first-served basis.

Provided by the organization

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2 programs · $1.0M · in their own filed words · FY2020
01

The school provided classroom instruction for students in grades kindergarten through 8th grade. As it has in the past years, the School received a School Performance Grade of "A", the highest performance rating, from the Florida Department of Education.The School's "Specials" programming provides a more structured and in-depth…

$1.0Mprogram expense
02

The school provides lunches at a nominal charge to any student who does not bring a lunch from home.

$21Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$226K
Fees for servicesLn 2g$117K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.0M
Managementcol C$222K
Owns and owesPt X
$20K
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$173K
LiabilitiesLn 26$153K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$1.0M
Fees for servicesLn 2g$117K
Investment incomeLn 3$160
Other incomeLn 4–11$226K
Gains on assetsLn 7$0
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$150K
SavingsLn 2$0
Cash and savings togetherLn 1–2$150K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$0
Total assetsLn 16$173K
LiabilitiesLn 26$153K
Net assetsLn 32$20K
OperationsPt I, VI
EmployeesI 525
VolunteersI 6150
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$197K$150K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$4K$2K
Total assetsLn 16$221K$173K
LiabilitiesLn 26$372K$153K
Net assetsLn 32−$151K$20K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$80K$80K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$822K$775K$46K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$87K$76K$11K
Payroll taxesLn 10$59K$50K$9K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$14K$14K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$20K$20K
TravelLn 17$570$570
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$31K$31K
Other expenses (24a–d)Ln 24$123K$97K$26K
All other expensesLn 24e$14K$9K$5K
Total functional expensesLn 25$1.3M$1.0M$222K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.7M$1.6M$103K$539K 990 PDF
FY2023 $1.7M$1.6M$141K$435K 990 PDF
FY2022 $1.6M$1.3M$275K$295K 990 PDF
FY2021 Viewing $1.4M$1.3M$171K$20K 990 PDF
FY2020 $1.3M$1.3M$29K−$151K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,421,468 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,134,170$1,078,168
I-9 Program service revenuePrior year $110,797$116,819
I-10 Investment incomePrior year $96$160
I-11 Other revenuePrior year $38,051$226,321
I-12 Total revenuePrior year $1,283,114$1,421,468
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $989,766$1,047,583
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $263,987$203,219
I-18 Total expensesPrior year $1,253,753$1,250,802
I-19 Revenue less expensesPrior year $29,361$170,666
Part VI · Governance 5 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,421,468 across 11 lines filed
VIII-1e Government grants$1,041,838
VIII-1f All other contributions, gifts and grants$36,330
VIII-1h Total contributions, gifts and grants$1,078,168
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $116,819$116,819
VIII-3 Investment incomeRelated to mission $160$160
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$3,137−$3,137
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $229,458$229,458
VIII-12 Total revenueRelated to mission $346,437 · Excluded from tax −$3,137$1,421,468
Part IX · Statement of functional expenses $1,250,802 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $79,504$79,504
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $775,443 · Management $46,200$821,643
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $75,810 · Management $11,343$87,153
IX-10 Payroll taxesPrograms $49,847 · Management $9,436$59,283
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $13,600$13,600
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $19,919$19,919
IX-17 TravelPrograms $570$570
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,599$1,599
IX-23 InsuranceManagement $31,021$31,021
IX-24 Other expenses (24a–d)Programs $96,895 · Management $25,664$122,559
IX-24e All other expensesPrograms $9,121 · Management $4,830$13,951
IX-25 Total functional expensesPrograms $1,029,204 · Management $221,598 · Fundraising $0$1,250,802
Part X · Balance sheet $172,685 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $197,099$149,698
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,066$19,575
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $18,306$1,149
X-10c Land, buildings and equipment, netStart of year $3,863$2,263
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $221,334$172,685
X-17 Accounts payable and accrued expensesStart of year $26,818$5,997
X-25 Other liabilitiesStart of year $345,053$146,559
X-26 Total liabilitiesStart of year $371,871$152,556
X-27 Net assets without donor restrictionsStart of year −$150,537$20,129
X-32 Total net assets or fund balancesStart of year −$150,537$20,129
X-33 Total liabilities and net assetsStart of year $221,334$172,685
Part XI · Reconciliation of net assets $20,129 net assets at year end
XI-1 Total revenue$1,421,468
XI-2 Total expenses$1,250,802
XI-3 Revenue less expenses$170,666
XI-4 Net assets at start of year−$150,537
XI-10 Net assets at end of year$20,129

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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