2025-04-28T09:30:23-05:00 2024-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-07-01 943435402 OXBRIDGE ACADEMY FOUNDATION INC OXBR 5619729600 3151 NORTH MILITARY TRAIL WEST PALM BEACH FL 33409 REBECCA DE JESUS CHIEF BUSINESS OFFICER/TREASURER 5619729600 2025-04-24 1 0 MATTHEW PETROSKI P00853132 9257902600 2025-04-17 2023 2025-03-06 01:10:19Z OXBRIDGE ACADEMY REBECCA DE JESUS 3151 NORTH MILITARY TRAIL WEST PALM BEACH FL 33409 33324182 0 X WWW.OAPB.ORG X 2008 FL TO OWN AND OPERATE A NONPROFIT, INDEPENDENT MIDDLE AND HIGH SCHOOL. 10 10 221 30 0 0 4876454 3884459 21014822 25364829 51338 499278 248767 168840 26191381 29917406 5182800 5412700 0 0 13179473 14648170 0 0 1316129 8852096 9900670 27214369 29961540 -1022988 -44134 68614668 69712945 39149924 40498275 29464744 29214670 TO EMPOWER STUDENTS THROUGH A DISTINCTIVE CURRICULUM, AN ENRICHING ENVIRONMENT, AND AN EXPERT FACULTY TO NAVIGATE THEIR EDUCATIONAL JOURNEY WITH AGILITY, CONFIDENCE, AND PURPOSE. 0 0 25946960 5412700 25361160 A NONPROFIT, PRIVATE, COEDUCATIONAL, INDEPENDENT MIDDLE AND HIGH SCHOOL. THE SCHOOL IS LOCATED IN WEST PALM BEACH, FLORIDA AND SERVED APPROXIMATELY 600 STUDENTS FOR THE YEAR ENDED JUNE 30,2024. 25946960 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 48 0 1 221 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X REBECCA DE JESUS 5619729600 3151 NORTH MILITARY TRAIL WEST PALM BEACH FL 33409 DAVID ROSOW PRESIDENT/CEO 5.00 X X 0 0 0 WILLIAM I KOCH CHAIRMAN 3.00 X X 0 0 0 SCOTT HUMPHREY SECRETARY 1.00 X X 0 0 0 SIMONE BONUTTI DIRECTOR 1.00 X 0 0 0 JAY BOODHESHWAR DIRECTOR 1.00 X 0 0 0 JAMES GOLDEN DIRECTOR 1.00 X 0 0 0 ROBERT KAUFMANN DIRECTOR 3.00 X 0 0 0 DAVID MACK DIRECTOR 1.00 X 0 0 0 SEAN MCGOULD DIRECTOR 1.00 X 0 0 0 ROBERT SIMSES DIRECTOR 1.00 X 0 0 0 RALPH MAURER HEAD OF SCHOOL 50.00 X 469218 0 34977 REBECCA DE JESUS CHIEF BUSINESS OFFICER/TREASURER 50.00 X 217298 0 19782 COURTNEY PORTLOCK ASSISTANT HEAD OF SCHOOL 50.00 X 213036 0 32974 SCOTT SIEGFRIED DIRECTOR OF ADVANCEMENT 50.00 X 226541 0 32912 STANLEY ROSS DIRECTOR OF ATHLETICS 50.00 X 172662 0 108057 KELLY PRISCO DIRECTOR OF HEALTH AND WELLNESS 50.00 X 142771 0 23995 ZOE LOSADA DIRECTOR OF COLLEGE COUNSELING 50.00 X 116497 0 20680 JANET OUTLAW DEPARTMENT CHAIR, LEARNING SUPPORT 50.00 X 110634 0 22736 JOHN KLEMME DEPARTMENT CHAIR, ENGLISH 50.00 X 116122 0 12843 RAINEY WYATT MIDDLE SCHOOL DIRECTOR 50.00 X 115808 0 22682 1900587 0 331638 10 0 1 0 COVERALL NORTH AMERICA 2541 METROCENTRE BLVD STE 1 WEST PALM BEACH FL 33407 CLEANING & JANITORIAL SERVICES 305641 ALPHA TRANSPORTATION SERVICES 7750 OKEECHOBEE BLVD STE 5 WEST PALM BEACH FL 33411 SCHOOL BUS SERVICES 277352 TACTICAL SECURITY CONSULTANTS INC 1402 CLYDESDALE DRIVE LOXAHATCHEE FL 33470 SECURITY SERVICES 257883 RALPH DELLA-PIETRA INC 880 JUPITER PARK DR JUPITER FL 33458 CONTRACTOR/CONSTRUCTION SERVICES 228183 4 1126709 2757750 136432 3884459 SCHOOL TUITION 611110 24535638 24535638 AUXILIARY SERVICES 611110 829191 829191 25364829 343757 343757 477652 0 477652 477652 477652 3019285 47525 2875745 35544 143540 11981 155521 155521 101660 1126709 406803 -305143 -305143 85015 88684 -3669 -3669 29917406 25361160 0 671787 5412700 5412700 1541627 266302 923844 351481 10326454 9325507 557032 443915 318692 303835 465 14392 1608354 1449156 71385 87813 853043 696097 101095 55851 47810 47810 91768 91768 462498 124591 223379 114528 120134 60067 60067 529590 487214 32153 10223 164705 100640 30185 33880 1931332 1857932 71729 1671 91023 48796 23236 18991 620151 619619 144 388 1734108 1476401 242809 14898 1106136 1105186 257 693 FOOD AND SUPPLIES 942626 876078 44048 22500 FIELD TRIPS 704556 704556 SCHOOL BUS TRANSPORTATI 569686 569686 SPORTS EQUIPMENT/UNIFOR 168681 167238 1102 341 615866 355426 175943 84497 29961540 25946960 2698451 1316129 7742473 7614226 677619 778696 575132 421410 11932919 13677437 131269 108454 1088285 1138512 61917663 17337686 45103736 44579977 1258486 1333319 104749 60914 68614668 69712945 2099135 2626937 16667825 17974600 20293486 19851695 89478 45043 39149924 40498275 X 26972673 26697486 2492071 2517184 29464744 29214670 68614668 69712945 X -44134 -100239 -105701 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1258486 74833 1333319 1168425 90061 1258486 1271602 -103177 1168425 1121140 150462 1271602 1091871 29269 1121140 0.00000 1.00000 0.00000 0 0 13409345 13409345 39597970 9938360 29659610 8313179 7265036 1048143 597169 134290 462879 44579977 LEASE LIABILITIES ON FINANCING LEASES 45043 45043 X 24389766 -100239 91000 -9239 24399005 5518401 5518401 29917406 24639840 91000 91000 24548840 5412700 5412700 29961540 PART V, LINE 4: OXBRIDGE ACADEMY FOUNDATION, INC. INTENDS TO USE THE ENDOWMENT FUNDS TO SERVE THE PURPOSE OF CONTRIBUTING TO THE FUTURE FINANCIAL NEEDS OF THE INSTITUTION. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE CONSIDERED NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 88,684. DIRECT FUNDRAISING EXPENSES 2,316. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSSES ON UNCOLLECTIBLE PLEDGES 105,701. SCHOLARSHIPS AND FINANCIAL AID 5,412,700. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 2,316. COST OF GOODS SOLD 88,684. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL AID 5,412,700. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON THE SCHOOL'S WEBSITE HOMEPAGE IN ACCORDANCE WITH THE REQUIREMENTS INCLUDED IN THE REVENUE RULING 2019-22. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES (FIELD TRIP) CAMBRIDGE, ENGLAND SCHOLARS PROGRAM & STUDY ABROAD PROGRAM IN CADIZ, SPAIN 165455 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES (FIELD TRIP) CULTURAL IMMERSION, COMMUNITY SERVICE AND ADVENTURE, CHIANG MAI AND BANGKOK, THAILAND 16124 0 0 0 0 0 0 181579 0 181579 0 0 0 0 0 0 SPRING SOIREE GALA 884719 846279 38440 94978 82043 32448 94331 GOLF & TENNIS TOURNAMENT 314750 280430 34320 1496 4384 37006 25125 17587 1 28900 28900 10075 7330 1228369 1126709 101660 1496 4384 94978 129124 57573 119248 406803 -305143 1 FINANCIAL AID 186 5267700 FMV DIRECT CREDIT TO STUDENT ACCOUNT MERIT SCHOLARSHIP 17 145000 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: ALL FAMILIES ARE ELIGIBLE TO APPLY FOR FINANCIAL AID. THE SCHOOL USES A THIRD-PARTY TO COLLECT APPLICATIONS AND RELATED TAX DOCUMENTATION. EACH APPLICATION IS REVIEWED BY THE SCHOOL AND A CONSISTENT METHODOLOGY IS APPLIED TO DETERMINE EACH FAMILY'S LEVEL OF NEED. THE FINANCIAL AID COMMITTEE ALLOCATES THE FINANCIAL AID BASED ON THE DETERMINED NEED AND AVAILABILITY OF FUNDS. THE FINANCIAL AID AWARDED IS GIVEN TO STUDENTS AS A REDUCTION IN THEIR TUITION. X X X 0 0 0 0 0 0 0 1 0 RALPH MAURER HEAD OF SCHOOL 469218 0 0 0 0 0 10800 0 24177 0 504195 0 0 0 STANLEY ROSS DIRECTOR OF ATHLETICS 172662 0 0 0 0 0 6921 0 101136 0 280719 0 0 0 SCOTT SIEGFRIED DIRECTOR OF ADVANCEMENT 211541 0 15000 0 0 0 8737 0 24175 0 259453 0 0 0 COURTNEY PORTLOCK ASSISTANT HEAD OF SCHOOL 213036 0 0 0 0 0 8797 0 24177 0 246010 0 0 0 REBECCA DE JESUS CHIEF BUSINESS OFFICER/TREASURER 217298 0 0 0 0 0 4431 0 15351 0 237080 0 0 0 KELLY PRISCO DIRECTOR OF HEALTH AND WELLNESS 142771 0 0 0 0 0 5913 0 18082 0 166766 0 0 0 PART I, LINE 7 THE DIRECTOR OF ADVANCEMENT RECEIVED A NON-FIXED DISCRETIONARY BONUS OF $15,000. THE BONUS WAS APPROVED BY THE BOARD BASED ON PERFORMANCE AND GOALS SET BY THE ORGANIZATION. A PALM BEACH COUNTY FLORIDA 596000785 NONEAVAIL 2022-06-23 21000000 REFUNDING OF PRIOR BONDS 0 0 0 A 890360 21000000 341970 20658030 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 X 5 136432 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 DAVID ROSOW MAINTAINS A BUSINESS RELATIONSHIP WITH WILLIAM I. KOCH. SCOTT HUMPHREY MAINTAINS A BUSINESS RELATIONSHIP WITH WILLIAM I. KOCH. FORM 990, PART VI, SECTION A, LINE 6 EACH MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. NO MEMBER IS ENTITLED TO ANY DIVIDEND OR ANY PART OF THE INCOME OF THE CORPORATION, OR TO SHARE IN THE DISTRIBUTION OF THE CORPORATE ASSETS UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE ELECTED BY THE MEMBERS AT THE BOARD MEETING OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS PREPARED BY AN OUTSIDE ACCOUNTANT AND THEN REVIEWED WITH THE HEAD OF SCHOOL, PRESIDENT AND THE TREASURER OF THE FOUNDATION BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES AN ANNUAL FORM TO BE COMPLETED BY EACH BOARD MEMBER, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH DELEGATED POWERS TO DECLARE ANY CONFLICTS. IF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST COMES UP, THE CHAIRPERSON OF THE BOARD AND COMMITTEE SHALL APPOINT A DESIGNATED PERSON OR COMMITTEE TO INVESTIGATE THE TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE BY OBTAINING AND REVIEWING RELIABLE COMPARABILITY INFORMATION REGARDING THE TERMS OF THE TRANSACTION FROM APPROPRIATE INDEPENDENT SOURCES, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH A BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE AND TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE BOARD CONSULTS WITH INDEPENDENT SEARCH FIRMS TO SEARCH FOR INDIVIDUALS AND PROVIDE COMPARABILITY AND COMPENSATION DATA. THE OTHER OFFICER AND KEY EMPLOYEES' COMPENSATION ARE DETEMINED BY THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSSES ON UNCOLLECTIBLE PLEDGES -105,701.