Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
MLC Preparatory Academy Inc
990 • Fiscal year 2024 • EIN 47-2849062
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.54x
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
62nd percentile
Higher top officer pay than 62% of similar nonprofits.
Top officer pay equals 4.4% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Up$482,327
Up $200,673 (+71%) from 2023
Net Assets
Up$221,025
Up $459,972 (+192%) from 2023
Liabilities
Down$261,302
Down $259,299 (-50%) from 2023
Revenue And Expenses
Revenue
Up$738,999
Up $658,214 (+815%) from 2023
Expenses
Up$518,166
Up $272,569 (+111%) from 2023
Net Income
Up$220,833
Up $385,645 (+234%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Feb 25, 2024
- Return Version
- 2023v6.0
- Gross Receipts
- $738,999
Mission and Program Overview
Mission
MLC Preparatory Academy is a private school with an academic curriculum that fits the individual needs of each student. Small class with learning potential development. Includes foreign languages, music, athletics, and tutoring services to seek highest levels of education.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $268,074 | $465,783 | ▲ $197,709 |
| Rtn Earn Endowment Incm Other Fnds | $-238,947 | $221,025 | ▲ $459,972 |
| Land, Buildings, and Equipment, Net | $11,887 | $12,474 | ▲ $587 |
| Accounts Receivable | $1,693 | $4,070 | ▲ $2,377 |
| Total Assets | $281,654 | $482,327 | ▲ $200,673 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $496,529 | $257,900 | ▼ $238,629 |
| Other Liabilities | $24,072 | $3,123 | ▼ $20,949 |
| Accounts Payable and Accrued Expenses | - | $279 | - |
| Total Liabilities | $520,601 | $261,302 | ▼ $259,299 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-238,947 | $221,025 | ▲ $459,972 |
| Total Liabilities and Net Assets / Fund Balance | $281,654 | $482,327 | ▲ $200,673 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $12,474 | $14,459 | - |
| Equipment | - | $5,425 | - |
| Leasehold Improvements | - | $13,863 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Rosa Rodriguez | President | FT | $32,813 | $32,813 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $738,999
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $220,833
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $288,448 |
| Other Expenses | $229,718 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $176,002 | - | - | $176,002 |
| Current Officers, Directors, Trustees, and Key Employees | $92,074 | - | - | $92,074 |
| Fees for Services Other | $69,636 | - | - | $69,636 |
| Occupancy | $59,463 | - | - | $59,463 |
| Travel | $21,262 | - | - | $21,262 |
| Payroll Taxes | $20,372 | - | - | $20,372 |
| Office Expenses | $19,346 | - | - | $19,346 |
| All Other Expenses | $14,763 | - | - | $14,763 |
| Fees for Services Accounting | $10,160 | - | - | $10,160 |
| Insurance | $4,520 | - | - | $4,520 |
| Advertising | $3,861 | - | - | $3,861 |
| Other Expenses | $117 | - | - | $117 |
| Total Functional Expenses | $518,166 | $0 | $0 | $518,166 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Accrued Salary | $2,211 |
| Accrued Interest - SBA Loan | $912 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990 governing body review Part VI line 11
“The tax Form 990 for MLC Preparatory Academy, Inc is ditributed to the school governing board on an annual basis.”
Conflict of interest policy compliance Part VI line 12C
“MLC Preparatory Academy Inc has the same conflict of interest policy and agreement filed with Form 1023 to Internal Revenue Service in 2/16/2016. The school directors, officers, and staff are aware and agree of the policies.”
CEO executive director top management comp Part VI line 15A
“Compensation for the main Director ispaid only to Rosa Rogriguez, President.Compensation base salary per year is $62,500.”
Form 990 availability to public Part VI line 18
“Form 990 is available to the public if required by them.”
Governing documents etc available to public Part VI line 19
“Form 990 is available to the public.”
Filing and Contact Details
Filer
- Filer Name
- Mlc Preparatory Academy Inc
- EIN
- 47-2849062
- Address
- 2710 SW 37 AVE, Miami, FL 33133
Signing Officer
- Name
- Rosa Rodriguez
- Title
- President
- Phone
- 7862700562
- Signed
- 2024-02-25
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Rosa Rodriguez
- Formed
- 2015
- Legal Domicile
- Fl
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 6
Preparer
- Firm
- Consolidated CPA Service Inc
- Address
- 1701 SW 98 AVE, Miami, FL 33165
- Preparer
- Federico Gonzalez CPA
- Phone
- 3057631449
Supplemental Narrative
Additional Explanations
Explanation of other changes in net assets or fund balances Part XI line 9
“MLC Preparatory Academy, Inc.2023 Form 990Reconciliation of Net AssetsPart XI, line 9 Changes in fund balances $239,139The changes in fund balances is due to the following:A. Write-off loan due to an expiration of the statue of limitation on the an outstanding promossory note debt payable and to a Court order of dismissal. $238,630 B. Other account activity balance 509 Total Changes in fund balance $239,139”
List of other fees for services expenses Part IX line 11G
“MLC Preparatory Academy, Inc.Schedule of Other Program ServicesPart IX, line 11gTutor contract service $39,950Program supplies 14,418Payroll fee and supplies 7,904Uniforms 3,104Licnse & permits 916Continue education programs 2,448Total $69,636”
List of other expenses Part IX line 24E
“MLC Preparatory Academy, Inc.Schedule of Other Program ServicesPart IX, line 24eSchedule 032Dues, mambership and subscription $ 141Charitable contributions 6,035Equipment rental and maintenance 6,906Business meals 1,681Total $14,763”
General explanation attachment
“MLC Preparatory Academy, Inc change its fiscal (12/31) calendar basis to a new (June 30) fiscal year. A new Form 990 for 2023 was used to report the corresponding fical year 2023-2024.”
Raw XML Appendix328 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 279 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1693 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4070 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | MLC Preparatory Academy is a private school with an academic curriculum that fits the individual needs of each student. Small class with learning potential development. Includes foreign languages, music, athletics, and tutoring services to seek highest levels of education. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 3861 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 3861 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 14763 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 14763 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CONSOLIDATED CPA SERVICE INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3057631449 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1701 SW 98 AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MIAMI |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33165 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 268074 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 465783 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 92074 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 92074 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 229718 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 738999 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 220833 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 288448 |
| IRS990/CYTotalExpensesAmt | 0 | 518166 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 738999 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | MLC PREPARATORY ACADEMY complies with necessary goals to educate the registered students as per the School tax exempt program. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 518166 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 10160 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10160 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 69636 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 69636 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROSA RODRIGUEZ |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 32813 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 738999 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4520 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4520 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 33747 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11887 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12474 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 46221 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | MLC Preparatory Academy is a private school with an academic curriculum that fits the individual needs of each student. Small class with learning potential development. Includes foreign languages, music, athletics, and tutoring services to seek highest levels of education. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -238947 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 221025 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 59463 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 59463 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 19346 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 239139 |
| IRS990/OtherExpensesGrp/Desc | 0 | Bank & credit cards fee |
| IRS990/OtherExpensesGrp/Desc | 1 | Special school activities |
| IRS990/OtherExpensesGrp/Desc | 2 | Books and subscription |
| IRS990/OtherExpensesGrp/Desc | 3 | Donations |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 13776 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 7609 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 117 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 5205 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 13776 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 7609 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 117 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 24072 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3123 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 176002 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 176002 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 20372 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 20372 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | ROSA RODRIGUEZ |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Tuition and Fees net |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Tutoring Services |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Other Revenue |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 26862 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 21446 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYOtherRevenueAmt | 0 | 65843 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 14842 |
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| IRS990/PYTotalRevenueAmt | 0 | 80685 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 220833 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 738999 |
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| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 912 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2211 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Accrued Interest - SBA Loan |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Accrued Salary |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 12474 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3123 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | false |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The tax Form 990 for MLC Preparatory Academy, Inc is ditributed to the school governing board on an annual basis. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MLC Preparatory Academy Inc has the same conflict of interest policy and agreement filed with Form 1023 to Internal Revenue Service in 2/16/2016. The school directors, officers, and staff are aware and agree of the policies. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Compensation for the main Director ispaid only to Rosa Rogriguez, President.Compensation base salary per year is $62,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Form 990 is available to the public if required by them. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Form 990 is available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | MLC Preparatory Academy, Inc.2023 Form 990Reconciliation of Net AssetsPart XI, line 9 Changes in fund balances $239,139The changes in fund balances is due to the following:A. Write-off loan due to an expiration of the statue of limitation on the an outstanding promossory note debt payable and to a Court order of dismissal. $238,630 B. Other account activity balance 509 Total Changes in fund balance $239,139 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MLC Preparatory Academy, Inc.Schedule of Other Program ServicesPart IX, line 11gTutor contract service $39,950Program supplies 14,418Payroll fee and supplies 7,904Uniforms 3,104Licnse & permits 916Continue education programs 2,448Total $69,636 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MLC Preparatory Academy, Inc.Schedule of Other Program ServicesPart IX, line 24eSchedule 032Dues, mambership and subscription $ 141Charitable contributions 6,035Equipment rental and maintenance 6,906Business meals 1,681Total $14,763 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MLC Preparatory Academy, Inc change its fiscal (12/31) calendar basis to a new (June 30) fiscal year. A new Form 990 for 2023 was used to report the corresponding fical year 2023-2024. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990 availability to public Part VI line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Explanation of other changes in net assets or fund balances Part XI line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | List of other fees for services expenses Part IX line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | List of other expenses Part IX line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | General explanation attachment |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 281654 |
| IRS990/TotalAssetsEOYAmt | 0 | 482327 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 281654 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 482327 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 6 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 518166 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 518166 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 520601 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 261302 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 520601 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 261302 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -238947 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 221025 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 518166 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 738999 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 32813 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 738999 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 738999 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 281654 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 482327 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 21262 |
| IRS990/TravelGrp/TotalAmt | 0 | 21262 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 496529 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 257900 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2710 SW 37 AVE |
| IRS990/USAddress/CityNm | 0 | Miami |
| IRS990/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/USAddress/ZIPCd | 0 | 33133 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | www.mlcprepacademy.com |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Rosa Rodriguez |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7862700562 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-02-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MLC PREPARATORY ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MLCP |
| ReturnHeader/Filer/EIN | 0 | 472849062 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2710 SW 37 AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Miami |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33133 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CONSOLIDATED CPA SERVICE INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1701 SW 98 AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Miami |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33165 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3057631449 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FEDERICO GONZALEZ CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-02-25T10:38:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $482,327
- Liabilities
- $261,302
- Net assets
- $221,025
- Revenue
- $738,999
- Expenses
- $518,166
- Net income
- $220,833