Form 990 for tax year 2024
Filed by VICTORY CHARTER SCHOOL K-5 INC.
Totals
- Total revenue
- $4,761,477
- Total expenses
- $4,352,262
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,761,477
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $21,252,391
- Total liabilities, end of year
- $21,335,257
- Net assets or fund balances, end of year
- -$82,866
- Program services expenses (Part IX)
- $3,723,401
- Management and general expenses
- $628,861
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,723,401
Program services were 85.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: STATE SOURCES
total $3,250,214 · related or exempt $3,250,214
-
2b · Program service revenue: OTHER SERVICES
total $910,000 · related or exempt $910,000
-
2c · Program service revenue: AFTERCARE FEES
total $601,263 · related or exempt $601,263
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $80,000 · program services $68,000 · management and general $12,000
-
7 · Other salaries and wages
total $1,784,660 · program services $1,712,552 · management and general $72,108
-
9 · Other employee benefits
total $179,257 · program services $171,634 · management and general $7,623
-
10 · Payroll taxes
total $132,860 · program services $127,461 · management and general $5,399
-
11a · Fees: management
total $330,942 · program services $165,471 · management and general $165,471
-
14 · Information technology
total $1,125 · program services $1,125
-
16 · Occupancy
total $1,263,516 · program services $1,073,989 · management and general $189,527
-
20 · Interest
total $20,840 · program services $20,840
-
23 · Insurance
total $99,601 · program services $84,661 · management and general $14,940
-
24a · Other expenses: SUPPLIES/TEXTBOOKS
total $170,241 · program services $167,779 · management and general $2,462
-
24b · Other expenses: DUES/FEES
total $145,513 · program services $2,323 · management and general $143,190
-
24c · Other expenses: PROFESSIONAL SERVICES
total $122,612 · program services $108,752 · management and general $13,860
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $15,204 · program services $12,923 · management and general $2,281
-
24e · All other expenses
total $5,891 · program services $5,891
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $102,682 · end of year $72,544
-
4 · Accounts receivable
beginning of year $352,638 · end of year $672,820
-
10a · Land, buildings and equipment: cost or other basis
$88,983
-
10b · Land, buildings and equipment: accumulated depreciation
$78,585
-
10c · Land, buildings and equipment, net
beginning of year $6,290 · end of year $10,398
-
15 · Other assets
beginning of year $20,664,873 · end of year $20,496,629
-
17 · Accounts payable and accrued expenses
beginning of year $413,141 · end of year $334,563
-
24 · Unsecured notes and loans payable
beginning of year $300,000 · end of year $300,000
-
25 · Other liabilities
beginning of year $20,905,423 · end of year $20,700,694
-
27 · Net assets without donor restrictions
beginning of year -$492,081 · end of year -$82,866
Mission and programs · 2024
Mission
TO IMPLEMENT AN INNOVATIVE AND CREATIVE, STUDENT-CENTERED LEARNING ENVIRONMENT WHERE STUDENTS AND TEACHERS UTILIZE THE LATEST TECHNOLOGY IN THE ACQUISITION OF KNOWLEDGE AND SKILLS TO SUCCEDD IN A COMPETITIVE GLOBAL ECONOMY. WE ARE COMMITTED TO PROVIDING STUDENTS WITH THE ENVIRONMENT WHERE STUDENTS AND TEACHERS UTILIZE THE LATEST TECHNOLOGY IN THE ACQUISITION OF KNOWLEDGE AND SKILLS TO SUCCEDD IN A COMPETITIVE GLOBAL ECONOMY. WE ARE COMMITTED TO PROVIDING STUDENTS WITH THE TEACHERS UTILIZE THE LATEST TECHNOLOGY IN THE ACQUISITION OF KNOWLEDGE AND SKILLS TO SUCCEED IN A COMPETITIVE GLOBAL ECONOMY. WE ARE COMMITTED TO PROVIDING STUDENTS WITH THE HIGHEST QUALITY EDUCATIONAL PROGRAM POSSIBLE IN A STATE OF THE ART FACILITY.
-
VICTORY CHARTER SCHOOL K-5 PROVIDES EDUCATION SERVICES TO STUDENTS FROMGRADES KINDERGARTEN TO 5TH GRADES.
Expenses $3,723,401
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erin AndingERIN ANDING
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Antonio CejasANTONIO CEJAS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Elaine PerezDR ELAINE PEREZ
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Nabin TimilsinaNABIN TIMILSINA
VICE- CHAIR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AVANT GARDE ACADEMY INC VICTORY CHARTER SCHOOL (6-12)
501C3 · SCHOOL · FL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 May 2026
- IRS schema version
- 2024v5.0
- Source object
- 202601319349302305
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