Cause IQ organization profile

Central Charter School

Central Charter School is a charter school based in Lauderdale Lakes, FL that was founded in 1995. As of 2019 they had $10 million in revenue and $12 million in assets.

Central Charter School provides an enriched innovative educational program focusing on reading, writing, mathematics, and language arts for at risk students in the Broward County School District.

Previous legal names or variations of their name include: Assistance Unlimited.

EIN:

65-0607531

City:

Lauderdale Lakes

State:

Florida

Metro:

Miami-Fort Lauderdale-Pompano Beach, FL

Website:

centralcharterschool.org

Phone:

(954) 735-6295

Twitter:

@centralcharter

Founded:

1995

Type:

501(c)(3)

NTEE:

B29: Charter schools

Revenue:

$10,993,053

Assets:

$12,145,387

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at Central Charter School

The orgainization operates a charter school for children from pre-kindergarten through the eighth grade in broward county, Florida.

Form 990s for Central Charter School

Fiscal year ending	Date received by IRS	Form	PDF link
2019-06	Aug 19, 2020	990	View PDF
2018-06	Jul 23, 2019	990	View PDF
2017-06	Nov 15, 2018	990	View PDF
2016-06	Sep 29, 2017	990	View PDF
2015-06	Aug 10, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for Central Charter School

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$1,722,257	$1,797,286	-4.2%
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$1,722,257	$1,797,286	-4.2%

Field	2019	2018	% Change
Total grants, contributions, etc.	$1,722,257	$1,797,286	-4.2%
Program services	$9,095,342	$8,549,087	6.4%
Investment income and dividends	$63,890	$5,178	1133.9%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$200	-100%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$111,564	$112,457	-0.8%
Total revenues	$10,993,053	$10,464,208	5.1%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$125,896	$113,981	10.5%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$5,284,453	$5,091,170	3.8%
Pension/retirement accruals and contributions	$560,141	$546,334	2.5%
Other employee benefits	$214,153	$69,145	209.7%
Payroll taxes	$421,717	$399,594	5.5%
Management fees	$137,500	$0	999%
Legal fees	$16,402	$34,764	-52.8%
Accounting fees	$75,005	$87,501	-14.3%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$275,950	$221,997	24.3%
Advertising and promotion	$5,121	$8,015	-36.1%
Office expenses	$146,550	$97,629	50.1%
Information tech. expenses	$168,123	$158,807	5.9%
Royalty expenses	$0	$0
Occupancy	$36,150	$330,000	-89.0%
Travel	$30,657	$37,797	-18.9%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$5,101	-100%
Interest	$924,128	$1,269,896	-27.2%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$697,568	$655,083	6.5%
Insurance	$156,559	$237,411	-34.1%
All other expenses	$2,112,500	$1,964,162	7.6%
Total expenses	$11,388,573	$11,328,387	0.5%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$1,558,842	$1,281,857	21.6%
Savings, short-term investments, etc.	$1,426,432	$1,570,501	-9.2%
Pledges and grants receivable	$0	$0
Accounts receivable	$55,414	$38,876	42.5%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$36,701	-100%
Buildings, equipment, etc. post-depreciation	$9,083,992	$9,495,018	-4.3%
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$20,707	$20,707
Total assets	$12,145,387	$12,443,660	-2.4%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$1,432,967	$1,101,154	30.1%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$12,883,079	$13,117,645	-1.8%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$14,316,046	$14,218,799	0.7%

Field	2019	2018	% Change
Unrestricted net assets	$-2,170,659	$-1,775,139	-22.3%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Central Charter School

Vendor	Services	Amount paid	Date
Keefe Mccullough and Co LLP CPA's	Tax accounting		2020-08-19
██████ ███	Software		2019-08-28
█████████ ████████	Food Services	$504,648	2019-06-01

Personnel at Central Charter School

Name	Title	Compensation	Most recent data
Hugh Jarrett	President Chief Executive Officer	$137,500	June 30, 2019
Ms. Tonya Dix	Principal	$113,981	Aug. 9, 2020
███ █████ █████████	Director of Technology	-	Aug. 9, 2020
███ ██████ █████	Facilites Manager	-	Aug. 9, 2020
████ ██████ ██████	Payroll and Clerical	-	Aug. 9, 2020
███ █████ ██████	Accounts Payable	-	Aug. 9, 2020
████ ███████ ███████	Chairman	$0	Aug. 19, 2020
████ ██████	Past Executive Director	$0	Aug. 21, 2015

Peer charter schools

	Name	Type	Revenue	Location
1	Brooks-Debartolo Collegiate High School (BDCHS)	501(c)(3)	$4.5 million	Tampa, FL
2	Cornerstone Charter Academy	501(c)(3)	$12 million	Miami, FL
3	South Mckeel Academy	501(c)(3)	$8.8 million	Lakeland, FL
4	Palmetto Charter School	501(c)(3)	$3.2 million	Palmetto, FL
5	Terrace Community School (TCMS)	501(c)(3)	$5.3 million	Thonotosassa, FL
6	Western Academy Charter School (WACS)	501(c)(3)	$4.2 million	Royal Palm Beach, FL
7	G-Star School of the Arts	501(c)(3)	$7.2 million	Palm Springs, FL
8	Eagles Nest Charter Academy	501(c)(3)	$5.1 million	Fort Lauderdale, FL
9	Downtown Miami Charter School (DMCS)	501(c)(3)	$5.7 million	Miami, FL
10	Belmont Academy	501(c)(3)	$4.0 million	Lake City, FL
11	Indian River Charter High School (IRCHS)	501(c)(3)	$5.7 million	Vero Beach, FL
12	Coral Reef Montessori Academy	501(c)(3)	$4.5 million	Miami, FL
13	Suncoast School for Innovative Studies	501(c)(3)	$4.4 million	Sarasota, FL
14	Berkley Charter School (BCS)	501(c)(3)	$6.4 million	Auburndale, FL
15	Championship - Hollywood	501(c)(3)	$3.9 million	Hollywood, FL
16	McKeel Academy of Technology	501(c)(3)	$27 million	Lakeland, FL
17	Doral Academy Prep	501(c)(3)	$43 million	Miami, FL
18	Downtown Doral Charter Elementary School (DDCES)	501(c)(3)	$9.1 million	Doral, FL
19	Minneola Elementary School	501(c)(3)	$9.9 million	Minneola, FL
20	Reading Edge Academy	501(c)(3)	$4.5 million	Debary, FL
21	Plato Academy Schools	501(c)(3)	$24 million	Clearwater, FL
22	Mckeel Elementary Academy	501(c)(3)	$3.2 million	Lakeland, FL
23	Roundlake Lake Charter	501(c)(3)	$8.0 million	Mount Dora, FL
24	Pepin Academies	501(c)(3)	$11 million	Riverview, FL
25	Palm Bay Academy	501(c)(3)	$4.7 million	Palm Bay, FL

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Cause IQ organization profile

Central Charter School

Program areas at Central Charter School

Form 990s for Central Charter School

Financials for Central Charter School

Vendors for Central Charter School

Personnel at Central Charter School

Peer charter schools

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