NonprofitsAcademy Prep Foundation Inc

Education

Academy Prep Foundation Inc

LAKELAND, FL

Total revenue

$2.0M

Total expenses

$1.6M

Net assets

$42.2M

Grants received

$8.0M

41 grants

EIN

593377240

Tax year

2023

Mission

Offer assistance and support to academy prep centers toward their mission to promote the educational, social and ethical development of middle school students through a rigorous academic program.

Programs

2 programs

N/A

N/A

Financials

FY 2023

Revenue

Contributions & grants$942K
Program service revenue
Investment income$1.0M
Other revenue
Total revenue$2.0M

Expenses

Grants paid$487K
Salaries & benefits$601K
Fundraising$62K
Other expenses$517K
Total expenses$1.6M
Total assets$42.5M
Net assets$42.2M

People

12 listed

NameRoleCompensation

TERRI SCARCELLI

CFO

Board

$105K

32.5 hrs/wk

PAUL L WHITING SR

TREASURER

Board

5 hrs/wk

JOHN ERIK SAVITSKY

SECRETARY

Board

5 hrs/wk

PATRICIA DOUGLAS

TRUSTEE

Board

5 hrs/wk

BRYANT JONES

TRUSTEE

Board

5 hrs/wk

OSCAR HORTON

TRUSTEE

Board

5 hrs/wk

TOM SANSONE

CHAIR

Board

5 hrs/wk

CHRIS BARROTT

TRUSTEE

Board

5 hrs/wk

NICK BARNETT

TRUSTEE

Board

5 hrs/wk

DAVID VETTER

TRUSTEE

Board

5 hrs/wk

LINCOLN TAMAYO11

COO

Board

5 hrs/wk

SUSAN TOUCHTON

TRUSTEE

Board

5 hrs/wk

Independent contractors

ACCURATE EMPLOYER SOLUTIONS INC

HR/PAYROLL PROVIDER

$761K

Grants received

Showing 41 of 41

FromAmountPurposeYear
$715K
GENERAL SUPPORT
2024
$14K
UNRESTRICTED GENERAL
2024
$5K
OPERATIONS
2024
$650K
GENERAL SUPPORT
2023
$450K
FOR ACADEMY PREP OF LAKELAND OPERATIONS
2023
$100K
SCHOOL PROGRAMS FOR UNDERSERVED CHILDREN
2023
$22K
SUPPORT OF MISSION
2023
$19K
CHARITABLE DONATION
2023
$12K
UNRESTRICTED GENERAL
2023
$5K
OPERATIONS
2023
$550K
FOR ACADEMY PREP OF LAKELAND OPERATIONS
2022
$400K
GENERAL SUPPORT
2022
$100K
SCHOOL PROGRAMS FOR UNDERSERVED CHILDREN
2022
$50K
GENERAL SUPPORT OF CHARITABLE PROGRAMS
2022
$47K
SUPPORT OF MISSION
2022
$5K
OPERATIONS
2022
$575K
FOR ACADEMY PREP OF LAKELAND OPERATIONS
2021
$300K
GENERAL SUPPORT
2021
$58K
SUPPORT OF MISSION
2021
$50K
SCHOOL PROGRAMS FOR UNDERSERVED CHILDREN
2021
$50K
GENERAL SUPPORT
2021
$525K
FOR ACADEMY PREP OF LAKELAND
2020
$200K
GENERAL SUPPORT
2020
$50K
PRIVATE SCHOOL FUNDING
2020
$26K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$13K
SUPPORT OF MISSION
2020
$6K
UNRESTRICTED GENERAL
2020
$81K
PRIVATE SCHOOL FUNDING
2019
$81K
PRIVATE SCHOOL FUNDING
2019
$10K
SEE PART IV
2019
$2.1M
$250,000 INITIAL DONATION (W/T TO NORTHERN TRUST CO).$1,700,000 FUND CLOSING OF LVIM BUILDING.$200,000 FOR ACADEMY PREP OF LAKELAND.
2018
$200K
PRIVATE SCHOOL FUNDING
2018
$50K
GENERAL SUPPORT
2018
$10K
See Part IV
2018
$5K
PROGRAM/OPERATING SUPPORT
2018
$10K
See Part IV
2017

Funded by

$8.0M from 15 funders · 41 grants · 2017–2024

George Jenkins Foundation Inc

$4.3M · 5 grants · 2018–2023

Life's Requite Inc

$2.3M · 6 grants · 2018–2024

The Drexel Fund

$411K · 4 grants · 2018–2020

Academy Prep Center Of Tampa Inc

$400K · 2 grants · 2017–2018

The Tony Robbins Foundation

$250K · 3 grants · 2021–2023

Community Foundation Of Tampa Bay Inc

$140K · 4 grants · 2020–2023

Vinik Family Foundation

$50K · 1 grant · 2021

Sonia Raymund Foundation Inc

$50K · 1 grant · 2022

Details

EIN593377240
NTEE codeB20
Subsection03
Ruling date1997-04
Formed1996
Employees11
Volunteers0
ACADEMY PREP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo