2026-03-25T09:25:16-05:00 2025-06-30 593023516 BKHM PA 1900 SUMMIT TOWER BLVD STE 170 ORLANDO FL 32810 990 2024-07-01 510472393 ROUND LAKE CHARTER INC ROUN 3523854399 31333 ROUND LAKE ROAD MOUNT DORA FL 32757 JASON SHORT PRESIDENT 3523854399 2026-03-25 1 0 GEORGE KYLAN MCNEMAR P01775038 4079989000 2024 2025-03-06 01:10:19Z JASON SHORT 31333 ROUND LAKE ROAD MOUNT DORA FL 32757 12289201 0 X WWW.LAKE.K12.FL.US/RLE X 2003 FL INSPIRE SUCCESS AND A LOVE OF LEARNING THROUGH COMBINED EFFORTS OF STUDENTS, FACULTY, AND PARENTS. 6 6 180 40 0 0 952870 447223 10641331 11550783 134513 185206 10851 66719 11739565 12249931 0 0 0 0 10099229 3792705 0 0 0 2541646 2647008 12640875 6439713 -901310 5810218 12411806 17842438 8567054 8187468 3844752 9654970 THE MISSION OF THE SCHOOL IS TO INSPIRE SUCCESS AND A LOVE OF LEARNING FOR ALL STUDENTS IN A SAFE AND NURTURING ENVIRONMENT THROUGH THE COMBINED EFFORTS OF STUDENTS, FACULTY, STAFF, AND PARENTS. 0 0 5459067 11578232 TO IMPROVE THE EDUCATIONAL, SOCIAL, PSYCHOLOGICAL, AND PHYSICAL GROWTH OF STUDENTS WITH THE USE OF DIFFERENT AND INNOVATIVE LEARNING METHODS, INCREASING THE CHOICE OF LEARNING OPPORTUNITIES, AND ESTABLISHING A NEW FORM OF ACCOUNTABILITY FOR SCHOOLS. A TOTAL OF 1,238 STUDENTS WERE SERVED DURING THE FISCAL YEAR ENDED JUNE 30, 2025. 5459067 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 34 0 1 180 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANTHONY E CANNISTER 3523854399 31333 ROUND LAKE ROAD MOUNT DORA FL 32757 JASON SHORT BOARD CHAIRMAN/PRESIDENT 0.50 X X 0 0 0 MARY WOOLRIDGE BOARD MEMBER 0.50 X 0 0 0 ANDREW KURTZ BOARD MEMBER 0.50 X 0 0 0 NATE WARFORD BOARD MEMBER 0.50 X 0 0 0 AMANDA YATABE SECRETARY 0.50 X X 0 0 0 KYLE BRACEWELL VICE BOARD CHAIRMAN/PRESIDENT 0.50 X X 0 0 0 LINDA BARTBERGER PRINCIPAL 45.00 X 116289 0 27927 TODD ROMAN ASSISTANT PRINCIPAL 45.00 X 108079 0 26781 224368 0 54708 2 0 0 0 0 386368 60855 447223 PER PUPIL FEES 900099 11182084 11182084 INTERNAL ACCOUNT RECEIPTS 900099 306879 306879 OTHER FEES 900099 61820 61820 11550783 224476 224476 39270 -39270 -39270 -39270 MISCELLANEOUS REVENUE 900099 66719 66719 66719 12249931 11578232 0 224476 144216 118257 25959 6301263 5167036 1134227 -4131488 -3387820 -743668 997044 817576 179468 481670 394969 86701 337376 276648 60728 3480 2854 626 138817 113830 24987 10178 8346 1832 629 516 113 380365 311899 68466 130477 106991 23486 REPAIRS AND MAINTENANCE 361266 361266 MISC EXPENSES 299830 245861 53969 OTHER PURCHASED SERVICE 219343 219343 ENERGY SERVICES 210679 210679 554568 490816 63752 6439713 5459067 980646 0 659881 774027 3219183 3582609 185738 73077 5749 5380 6461413 2161797 4361240 4299616 1263037 938160 2839640 1778818 6268089 12411806 17842438 198999 205096 8368055 7982372 8567054 8187468 X 3669535 9472704 175217 182266 3844752 9654970 12411806 17842438 5810218 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5019272 1272069 3747203 446575 197020 249555 887963 623662 264301 107603 69046 38557 4299616 INVESTMENTS - FNBMD TRUST 2839640 F 2839640 FRS DEFERRED OUTFLOWS 4035749 HIS DEFERRED OUTFLOWS 2232340 6268089 COMPENSATED ABSENCES PAYABLE 544773 DUE TO DISTRICT 9783 FRS PENSION LIABILITY 3835339 HIS PENSION LIABILITY 2196441 FRS DEFERRED INFLOWS 254907 HIS DEFERRED INFLOWS 265041 OTHER LIABILITIES 876088 7982372 X 12288073 38142 38142 12249931 0 12249931 6477855 38142 38142 6439713 0 6439713 PART X, LINE 2: THE SCHOOL IS AN ORGANIZATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS ADOPTED GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. THIS GUIDANCE IS APPLICABLE TO NOT-FOR-PROFIT ORGANIZATIONS THAT MAY BE CONDUCTING UNRELATED BUSINESS ACTIVITIES, WHICH ARE POTENTIALLY SUBJECT TO INCOME TAXES, INCLUDING STATE INCOME TAXES. THE SCHOOL ASSESSES ITS INCOME TAX POSITIONS, INCLUDING ITS CONTINUING TAX STATUS AS A NOT-FOR-PROFIT ENTITY, AND RECOGNIZES TAX BENEFITS ONLY TO THE EXTENT THAT THE SCHOOL BELIEVES IT IS "MORE LIKELY THAN NOT" THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON AN EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR THE APPLICABLE STATE TAXING AUTHORITY. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL INCOME TAXES IN THE SCHOOL'S FINANCIAL STATEMENTS, AS THE SCHOOL BELIEVES ALL TAX POSITIONS, INCLUDING ITS CONTINUING STATUS AS A NOT-FOR-PROFIT ENTITY, HAVE A GREATER THAN 50% CHANCE OF REALIZATION IN THE EVENT OF AN IRS AUDIT. STATE INCOME TAXES, WHICH MAY BE DUE IN CERTAIN JURISDICTIONS, HAVE BEEN ASSESSED FOLLOWING THE SAME "MORE LIKELY THAN NOT" MEASUREMENT THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH ADMIN FEES 38,142. PART XII, LINE 2D - OTHER ADJUSTMENTS: PASSTHROUGH ADMIN FEES 38,142. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, NEWSLETTERS, LOCAL NEIGHBORHOOD EVENTS, NEWSPAPERS, OPEN HOUSES, WEBSITES AND/OR VIDEOS. SCHEDULE E, PART I, LINE 6 REVENUES ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCE PROGRAM. THE AMOUNT RECEIVED IS BASED ON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD. REVENUES ARE RECEIVED FROM THE EARLY LEARNING COALITION OF LAKE COUNTY THROUGH THE VOLUNTARY PREKINDERGARTEN EDUCATION PROGRAM, ADMINISTERED BY THE OFFICE OF EARLY LEARNING UNDER THE FLORIDA DEPARTMENT OF EDUCATION. A SEPARATE BASE STUDENT ALLOCATION PER FULL-TIME EQUIVALENT STUDENT IN THE VOLUNTARY PREKINDERGARTEN EDUCATION PROGRAM SHALL BE PROVIDED IN THE GENERAL APPROPRIATIONS ACT, TOTALING $51,546 FOR THE 2024-2025 SCHOOL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WAS PROVIDED A COPY OF FORM 990 FOR THEIR DETAIL REVIEW PRIOR TO FILING. THE PRINCIPAL, EXTERNAL CPA, AND THE CHARTER BOARD OF DIRECTORS REVIEW THE RETURN PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO COMPLETE A STATE OF FLORIDA FORM (FORM 8B MEMORANDUM OF VOTING CONFLICT) WHEN A CONFLICT OF INTEREST IS BROUGHT UP AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF THE SCHOOL PRINCIPALS ARE SET BY THE CHARTER BOARD OF ROUND LAKE CHARTER INC, AND THOSE OF THE TEACHERS AND OTHER STAFF MEMBERS ARE SET BY THE SCHOOL PRINCIPAL(S) AND APPROVED AFTERWARDS BY THE CHARTER BOARD. ANY CHANGES IN COMPENSATION OF THE PRINCIPALS IS SUBJECT TO APPROVAL BY CHARTER BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.