DESTIN HIGH SCHOOL INC

EIN: 832142361 501(c)(3) Education

DESTIN, FL

Total Revenue
$6,432,701
Total Expenses
$6,964,569
Total Assets
$19,934,522
Net Assets
$-634,674
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
STEPHANIE LARABEE
Phone
8502044044
Tax Period
2024-07-01 to 2025-06-30

DESTIN HIGH SCHOOL INC, founded in 2021, is a community nonprofit in the Education sector that reported $6.4M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF DESTIN HIGH SCHOOL IS TO PREPARE STUDENTS ACADEMICALLY, PHYSICALLY, AND MENTALLY TO BECOME RESPONSIBLE, PRODUCTIVE, EMPOWERED CITIZENS. EMBRACING THE AREAS HISTORY AS A TOURIST DESTINATION, MILITARY HUB, AND WORLDS LUCKIEST FISHING VILLAGE AND SUPPORTED BY STRONG PUBLIC/ PRIVATE PARTNERSHIPS, OUR DIVERSE AND SPECIALIZED PROGRAMS WILL PROVIDE THE FOUNDATION EACH STUDENT NEEDS TO SECURE A SOLID FUTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $453,296
Program Service Revenue $5,551,212
Investment Income $0
Other Revenue $428,193
TOTAL REVENUE $6,432,701

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,521,185
Fundraising Expenses $0
Program Expenses $6,461,857
Other Expenses $3,443,384
TOTAL EXPENSES $6,964,569

Year-over-Year Comparison

2024 2023 Change
Revenue $6,432,701 $5,932,032 +0.1%
Expenses $6,964,569 $5,850,759 +0.2%
Net Income $-531,868 $81,273 -7.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
83
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
2
$315,326
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA EUBANK MEMBER 0.50
Director
$0 $0 $0
HEIDI LOCICERO PRESIDENT 0.50
Officer Director
$0 $0 $0
BRANDON BILES MEMBER 0.50
Director
$0 $0 $0
KELI O'NEAL SERETARY 0.50
Officer Director
$0 $0 $0
SARAH STONE TREASURER 0.50
Officer Director
$0 $0 $0
JIM LUTRELL MEMBER 0.50
Director
$0 $0 $0
STEPHANIE LARABEE MEMBER 0.50
Director
$0 $0 $0
VIRGINIA MCBRIDE VICE-PRESIDENT 0.50
Officer Director
$0 $0 $0
DOUG SILLS MEMBER 0.50
Director
$0 $0 $0
DONALD WILLIAMS EXECUTIVE DIRECTOR 40.00
Key Emp
$186,722 $0 $186,722
DIANNE KELLEY PRINCIPAL 40.00
Key Emp
$128,604 $0 $128,604
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $6,432,701 $6,964,569 $19,934,522 $-531,868
2024 $5,932,032 $5,850,759 $20,616,417 $81,273
2023 $6,129,205 $7,319,861 $20,482,104 $-1,190,656
2022 $4,125,906 $4,175,831 $10,652,607 $-49,925
2021 $1,163,358 $1,105,536 $248,399 $57,822
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