Skip to content
Nonprofiteer
← ACADEMY PREP CENTER OF LAKELAND INC

Form 990 for tax year 2023

Filed by ACADEMY PREP CENTER OF LAKELAND INC.

Totals

Total revenue
$2,416,659
Total expenses
$2,952,303
Contributions and grants received
$1,487,784
Grants paid
$0
Program service revenue
$911,177
Investment income
$0
Other revenue
$17,698
Total assets, end of year
$708,325
Total liabilities, end of year
$139,744
Net assets or fund balances, end of year
$568,581
Program services expenses (Part IX)
$2,460,212
Management and general expenses
$203,809
Fundraising expenses
$288,282
Program service expenses (Part III)
$2,460,212

Program services were 83.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NICK BARNETT

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • NATALI REYES

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • WILLIAM VASS

    TREASURER

    Total calculated
    $0
    Hours/week
    2.5

  • GREGORY FANCELLI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • STACY WALSH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • MARIANNE PARSONS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • JASON RODDA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • TIM MITCHELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • PAUL L WHITING SR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5 + 7 related

  • LINCOLN TAMAYO

    HEAD OF SCHOOL

    Total calculated
    $254,016
    From this org
    $116,941
    From related orgs
    $116,941
    Other
    $20,134
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $116,941 + $116,941 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,067 + $10,067 related
    Filer's total
    $127,008 + $127,008 related

  • TERRI SCARCELLI

    CFO

    Total calculated
    $111,238
    From this org
    $0
    From related orgs
    $105,280
    Other
    $5,958
    Hours/week
    5 + 40 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE HEAD OF SCHOOL IS APPROVED BY THE BOARD AND/OR ITS COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
24 March 2025
IRS schema version
2023v6.0
Source object
202520839349300042

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.