Form 990 for tax year 2024
Filed by INLET GROVE COMMUNITY HIGH SCHOOL INC.
Totals
- Total revenue
- $9,564,495
- Total expenses
- $10,566,261
- Contributions and grants received
- $9,552,676
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $11,819
- Other revenue
- $0
- Total assets, end of year
- $5,581,072
- Total liabilities, end of year
- $6,679,866
- Net assets or fund balances, end of year
- -$1,098,794
- Program services expenses (Part IX)
- $8,720,421
- Management and general expenses
- $1,845,840
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,720,421
Program services were 82.5% 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.
-
1e · Government grants (contributions)
$6,142,684
-
1f · All other contributions, gifts and grants
$3,409,992
-
3 · Investment income
total $11,819 · related or exempt $11,819
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $872,945 · management and general $872,945
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $4,342,527 · program services $3,731,263 · management and general $611,264
-
8 · Pension plan contributions
total $588,622 · program services $498,599 · management and general $90,023
-
9 · Other employee benefits
total $300,264 · program services $215,912 · management and general $84,352
-
10 · Payroll taxes
total $407,393 · program services $307,356 · management and general $100,037
-
11a · Fees: management
total $151,065 · program services $39,857 · management and general $111,208
-
11b · Fees: legal
total $15,445 · management and general $15,445
-
11c · Fees: accounting
total $87,480 · program services $87,480
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $672,735 · program services $660,025 · management and general $12,710
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $91,118 · program services $34,089 · management and general $57,029
-
14 · Information technology
total $201,033 · program services $196,875 · management and general $4,158
-
15 · Royalties
total $0
-
16 · Occupancy
total $907,739 · program services $907,739
-
17 · Travel
total $35,453 · program services $27,940 · management and general $7,513
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $88,061 · program services $88,061
-
23 · Insurance
total $255,290 · program services $255,290
-
24a · Other expenses: Supplies, Textbooks, Small Equipment
total $328,334 · program services $310,099 · management and general $18,235
-
24b · Other expenses: Transportation
total $899,662 · program services $899,662
-
24c · Other expenses: Debt service, capital leases, and other
total $234,664 · program services $234,664
-
24d · Other expenses: Non-capitalized FFE
total $225,510 · program services $225,510
-
24e · All other expenses
total -$139,079 · management and general -$139,079
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $426,161 · end of year $306,791
-
2 · Savings and temporary cash investments
beginning of year $2,089,436 · end of year $1,266,318
-
4 · Accounts receivable
beginning of year $28,294 · end of year $259,822
-
9 · Prepaid expenses and deferred charges
beginning of year $60,949 · end of year $25,550
-
10a · Land, buildings and equipment: cost or other basis
$1,007,657
-
10b · Land, buildings and equipment: accumulated depreciation
$688,084
-
10c · Land, buildings and equipment, net
end of year $319,573
-
15 · Other assets
beginning of year $3,641,136 · end of year $3,403,018
-
17 · Accounts payable and accrued expenses
beginning of year $294,652 · end of year $244,984
-
25 · Other liabilities
beginning of year $6,048,352 · end of year $6,434,882
-
27 · Net assets without donor restrictions
beginning of year -$1,855,311 · end of year -$1,405,566
-
28 · Net assets with donor restrictions
beginning of year $1,758,283 · end of year $306,772
Mission and programs · 2024
Mission
The mission of Inlet Grove Community High School, Inc. is to graduate students with the skills and kowledge to be lifelong learners and responsible contributing citizens through a technology rich learning environment that integrates rigorous academic and career preparations.
Activities or mission (Part I)
The mission of Inlet Grove Community High School, Inc. is to graduate students with the skills and kowledge to be lifelong learners and Continued on Schedule O, Statement 1
-
Inlet Grove Community High School IGCHS is one of the top A rated high performing charter schools and top ranked Career Choice Academies in Palm Beach County. According to U.S. News World Report, IGCHS is ranked 217th within Florida, and is ranked 4,013 in the National Rankings on its performance on state-required tests, graduation and how well students are prepared for college. The Advanced Placement coursework and exam participation rate at IGCHS is 43. The total minority enrollment is 93 and 100 qualified for free or reduced lunch. Due to our focus on college and career preparation, our Acceleration Success rate is 91, second in Palm Beach County. Our current graduation rate is 99.3, outperforming the School District of Palm Beach County. Our students academic pathways include S.T.E.M. programs which rank in the Top 4 in Science Achievement, Dual Enrollment, Early admission and early graduation options. Students can earn career certifications and college credits from the following Choice Academies Pre-Medical, Practical Nursing, Continued Below
Expenses $8,720,421
As filed on the 2024 return.
Listed in Part VII
-
Dr Emma T Banks
Director / CEO
- Total calculated
- $305,859
- From this org
- $305,859
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Francisco J Lopez-Ortiz
Principal
- Total calculated
- $139,692
- From this org
- $139,692
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Charles Woodward
Chairperson
- Total calculated
- $0
- Hours/week
- 2
-
Clarence Williams
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Crystal Atkinson
Treasurer, Parent Liasion
- Total calculated
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Lonnie Martens
Vice-Chair
- Total calculated
- $0
- Hours/week
- 2
-
Lavoise Smith
Director
- Total calculated
- $0
- Hours/week
- 2
-
Marie Morel
Director
- Total calculated
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Danny Jones
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bill Washington
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Jim Pegg
Director
- Total calculated
- $0
- Hours/week
- 2
-
George Lockhart
Director
- Total calculated
- $0
- Hours/week
- 2
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503539349300840
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