Skip to content
Nonprofiteer
← 8003 FOUNDATION INC

Form 990 for tax year 2022

Filed by 8003 FOUNDATION INC.

Totals

Total revenue
$380,318
Total expenses
$112,478
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$380,111
Investment income
$207
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$102,809
Management and general expenses
$9,669
Fundraising expenses
$0
Program service expenses (Part III)
$102,809

Program services were 91.4% 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: RENTAL INCOME

    total $380,111 · related or exempt $380,111

  • 3 · Investment income

    total $207 · related or exempt $207

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $2,153 · management and general $2,153

  • 11c · Fees: accounting

    total $600 · management and general $600

  • 11g · Fees: other

    total $5,500 · management and general $5,500

  • 20 · Interest

    total $34,335 · program services $34,335

  • 22 · Depreciation, depletion and amortization

    total $68,474 · program services $68,474

  • 24a · Other expenses: DUES & FEES

    total $1,416 · management and general $1,416

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,460,401 · end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $27,418 · end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $9,822,751 · end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $62,924 · end of year $0

  • 15 · Other assets

    beginning of year $2,460,482 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,000 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $11,801,305 · end of year $0

  • 25 · Other liabilities

    beginning of year $245,993 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,771,678 · end of year $0

Mission and programs · 2022

Mission

THE MISSION OF THE FOUNDATION IS TO ENHANCE THE ACADEMIC AND PERSONAL GROWTH OF MATER ACADEMY STUDENTS THROUGH A PARTNERSHIP BETWEEN THE FOUNDATION AND THE CHARTER SCHOOLS.

Activities or mission (Part I)

8003 FOUNDATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION OPERATING IN SOUTH FLORIDA. THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO ALL MATER ACADEMY CHARTER SCHOOLS.

  • 8003 FOUNDATION, INC. PROVIDES LEASING OF ITS BUILDING AND LAND TO MATER ACADEMY INC.

    Expenses $102,809 · Revenue $380,318

As filed on the 2022 return.

Listed in Part VII

  • Shannie Sadesky Hunt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Carlos Alvarez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cesar C Crousillat

    SECRETARY, DIRECTOR, VP

    Total calculated
    $0
    Hours/week
    2

  • Kim Guilarte

    PRESIDENT, DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Idalia Suarez

    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.

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.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2022
Filed
8 March 2023
IRS schema version
2022v4.1
Source object
202320679349301222

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.