Civic Intelligence

Academy Prep Foundation Inc.

990 • Fiscal year 2019 • EIN 59-3377240

Jun 01, 2018 to May 31, 2019 • Filed on Jan 31, 2020

Organization ProfileWWW.ACADEMYPREP.ORG

View Organization Page

PO Box 530512St Petersburg, FL 33747-0512

(727) 322-0800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

37th percentile

0.13x

Higher debt load relative to revenue than 37% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

52nd percentile

4.1%

Faster asset growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$14,581,267

Up $573,842 (+4.1%) from 2018

Net Assets

Up

$14,323,739

Up $600,660 (+4.4%) from 2018

Liabilities

Down

$257,528

Down $26,818 (-9.4%) from 2018

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin85th percentile

Revenue

Down

$1,915,063

Down $439,261 (-19%) from 2018

Expenses

Up

$1,283,891

Up $589,463 (+85%) from 2018

Net Income

Down

$631,172

Down $1,028,724 (-62%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $8,479,507Liabilities 2011: $250,978Net Assets 2011: $8,228,5292011Assets 2012: $7,773,435Liabilities 2012: $250,155Net Assets 2012: $7,523,2802012Assets 2013: $8,171,607Liabilities 2013: $288,372Net Assets 2013: $7,883,2352013Assets 2014: $8,576,508Liabilities 2014: $323,417Net Assets 2014: $8,253,0912014Assets 2015: $9,760,520Liabilities 2015: $298,457Net Assets 2015: $9,462,0632015Assets 2016: $9,922,686Liabilities 2016: $300,838Net Assets 2016: $9,621,8482016Assets 2017: $12,218,600Liabilities 2017: $282,858Net Assets 2017: $11,935,7422017Assets 2018: $14,007,425Liabilities 2018: $284,346Net Assets 2018: $13,723,0792018Assets 2019: $14,581,267Liabilities 2019: $257,528Net Assets 2019: $14,323,7392019Assets 2020: $24,886,519Liabilities 2020: $325,598Net Assets 2020: $24,560,9212020Assets 2021: $28,411,468Liabilities 2021: $388,503Net Assets 2021: $28,022,9652021Assets 2022: $38,353,670Liabilities 2022: $263,473Net Assets 2022: $38,090,1972022Assets 2023: $37,885,881Liabilities 2023: $274,017Net Assets 2023: $37,611,8642023Assets 2024: $42,463,776Liabilities 2024: $307,642Net Assets 2024: $42,156,1342024Assets 2025: $44,294,139Liabilities 2025: $296,291Net Assets 2025: $43,997,8482025

Highlighted filing

2019

Assets$14,581,267
Liabilities$257,528
Net Assets$14,323,739
Open 2019 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $442,374Expenses 2011: $1,145,332Net Income 2011: -$702,9582011Expenses 2012: $833,6252012Expenses 2013: $742,4322013Revenue 2014: $718,596Expenses 2014: $471,437Net Income 2014: $247,1592014Revenue 2015: $2,034,946Expenses 2015: $512,921Net Income 2015: $1,522,0252015Revenue 2016: $968,247Expenses 2016: $607,748Net Income 2016: $360,4992016Revenue 2017: $2,568,142Expenses 2017: $598,597Net Income 2017: $1,969,5452017Revenue 2018: $2,354,324Expenses 2018: $694,428Net Income 2018: $1,659,8962018Revenue 2019: $1,915,063Expenses 2019: $1,283,891Net Income 2019: $631,1722019Revenue 2020: $1,655,995Expenses 2020: $1,007,693Net Income 2020: $648,3022020Revenue 2021: $2,224,501Expenses 2021: $1,298,443Net Income 2021: $926,0582021Revenue 2022: $446,861Expenses 2022: $1,095,665Net Income 2022: -$648,8042022Revenue 2023: $5,822,433Expenses 2023: $1,235,952Net Income 2023: $4,586,4812023Revenue 2024: $1,964,303Expenses 2024: $1,605,376Net Income 2024: $358,9272024Revenue 2025: $3,849,470Expenses 2025: $2,619,007Net Income 2025: $1,230,4632025

Highlighted filing

2019

Revenue$1,915,063
Expenses$1,283,891
Net Income$631,172
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Jan 31, 2020
Return Version
2018v3.2
Gross Receipts
$2,594,550
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,671,470$6,989,513▲ $318,043
Land, Buildings, and Equipment, Net$3,826,648$5,545,944▲ $1,719,296
Pledges and Grants Receivable$1,266,882$1,026,303▼ $240,579
Cash and Non-Interest-Bearing Accounts$1,910,506$1,001,787▼ $908,719
Prepaid Expenses and Deferred Charges$6,410--
Total Assets$14,007,425$14,581,267▲ $573,842
Other Assets Total$325,509$17,720▼ $307,789
Liabilities
Mortgage Notes Payable Secured by Investment Property$250,000$250,000→ $0
Accounts Payable and Accrued Expenses$33,974$7,528▼ $26,446
Other Liabilities$372--
Total Liabilities$284,346$257,528▼ $26,818
Net Assets / Fund Balance
Unrestricted Net Assets$8,957,737$10,307,703▲ $1,349,966
Permanently Rstr Net Assets$3,270,994$3,411,627▲ $140,633
Temporarily Rstr Net Assets$1,494,348$604,409▼ $889,939
Total Net Assets Fund Balance$13,723,079$14,323,739▲ $600,660
Total Liabilities and Net Assets / Fund Balance$14,007,425$14,581,267▲ $573,842

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,906,240$3,256,463$8,162,703
Land$639,404-$639,404
Equipment$300$10,209$10,509

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$7,426,612$461,900▲ $230,278-$7,697,290
2017$6,227,790$859,721▲ $498,001-$7,426,612
2016$4,984,518$1,005,815▲ $499,957-$6,227,790
2015$4,687,095$532,700▼ $64,527-$4,984,518
2014$3,743,996$1,227,657▲ $128,063$277,921$4,687,095
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lincoln TamayoVice PresidePT-$215,813$215,813
James HumboldtCFOPT$65,996$9,892$75,888

Board Members and Trustees

NameTitle
Tom SansoneChairman
Lincoln TamayoVice President
Chuck StameyTrustee
Elizabeth SemblerTrustee
Jeff FortuneTrustee
John Erik SavitskyTrustee
Oscar HortonTrustee
Patricia DouglasTrustee
Paul L Whiting SrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,631,713
Program Service Revenue
$0
Investment Income
$283,350
Other Revenue
$0
All Other Contributions
$1,531,713
Change in Net Assets
$631,172

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,546,212
Revenue Not Reported on Financial Statements
$368,851
Revenue Not Reported on Form 990
$331,658
Other Revenue Adjustments
$323,275
Total Revenue per Audited Statements
$1,877,870
Total Revenue per Form 990
$1,915,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$889,277
Other Expenses$313,476
Salaries, Compensation, and Employee Benefits$81,138
Total Fundraising Expense$716
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$889,277--$889,277
Depreciation Depletion$228,977--$228,977
Current Officers, Directors, Trustees, and Key Employees-$75,888-$75,888
Fees for Service Investment Mgmnt Fees-$45,576-$45,576
Fees for Services Accounting-$15,070-$15,070
Travel-$11,159-$11,159
Other Expenses-$7,596$716$8,312
Payroll Taxes-$5,250-$5,250
Information Technology-$3,196-$3,196
Office Expenses-$765-$765
Fees for Services Other-$421-$421
Total Functional Expenses$1,118,254$164,921$716$1,283,891

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,283,891
Total Expenses per Audited Statements$1,277,210
Expenses per Audited Statements$938,315
Expenses Not Reported on Financial Statements$345,576
Expenses Not Reported on Form 990$338,895
Other Expense Adjustments$300,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Academy Prep Center of LakelandSt Petersburg, FL3Operating Expenses$417,689
Community Foundation of Tampa BayTampa, FL3Scholarship Endowmen$300,000
Academy Prep Ctr of St PetersburgSt Petersburg, FL3Endowment Distributi$161,500
Academy Prep Center of TampaSt Petersburg, FL3Operating Expenses$10,088
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“The finance committee reviews the 990 and reports to the board. A copy of the 990 is provided to each board member prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Trustees are asked to disclose any possible conflicts of interest and enforces the policy.”

Form 990, Page 6, Part VI, Line 15A

“The board approves all compensation and hiring.”

Form 990, Page 6, Part VI, Line 15B

“The board approves all compensation and hiring.”

Form 990, Page 6, Part VI, Line 19

“Printed governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Academy Prep Foundation Inc
EIN
59-3377240
Phone
7273220800
Address
PO BOX 530512, ST PETERSBURG, FL 33747-0512

Signing Officer

Name
James Humboldt
Title
CFO
Phone
7273220800
Signed
2020-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Humboldt
Formed
1996
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
8

Preparer

Firm
Rsm US Llp
Address
100 2ND AVE SOUTH STE 600, SAINT PETERSBURG, FL 33701-4336
Preparer
Byron C Smith CPA
Phone
7278216161
Supplemental Narrative

Additional Explanations

Form 990, Part V

“The organization leases all its personnel from a payroll leasing company and therefore no w-3/w-2s were issued under its fein. Leased personnel costs were broken down to component salaries, payroll taxes, benefits, etc and reported on appropriate schedules.”

Form 990, Part XI, Line 9

“Change in cash value of insurance policy 5,044 grant to community fdn of tampa bay -300,000 change in value of beneficial interest -23,275 grant to community fdn of tampa bay 300,000 total -18,231”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The foundation's endowment funds are funds restricted or designated for graduate support programs of the schools and operating costs incurred by the schools related to the operation of their multifaceted learning centers. The endowments consist of money market funds, corporate debt and equity securities, governmental bonds and debt and equity funds. Income earned from the endowments is available for general or specific purposes. As required by accounting principles generally accepted in the united states of america, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. These amounts are reported on this return and on the individual school's returns.”

Schedule D, Page 4, Part XI, Line 2D

“Change in cash value of insurance policy 5,044”

Schedule D, Page 4, Part XI, Line 4B

“Grant to community fdn of tampa bay 300,000 change in value of beneficial interest 23,275”

Schedule D, Page 4, Part XII, Line 4B

“Grant to community fdn of tampa bay 300,000”

Raw XML AppendixShowing 400 of 666 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt033974
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07528
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OFFER 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.
IRS990/AllOtherContributionsAmt01531713
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JAMES HUMBOLDT
IRS990/BooksInCareOfDetail/PhoneNum07273220800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02301 - 22ND AVENUE S
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST PETERSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033712
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01910506
IRS990/CashNonInterestBearingGrp/EOYAmt01001787
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt075888
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt075888
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01631713
IRS990/CYGrantsAndSimilarPaidAmt0889277
IRS990/CYInvestmentIncomeAmt0283350
IRS990/CYOtherExpensesAmt0313476
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0631172
IRS990/CYSalariesCompEmpBnftPaidAmt081138
IRS990/CYTotalExpensesAmt01283891
IRS990/CYTotalFundraisingExpenseAmt0716
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01915063
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0228977
IRS990/DepreciationDepletionGrp/TotalAmt0228977
IRS990/Desc0FOUNDATION PROVIDES SERVICES RELATED TO THE DEVELOPMENT AND ENHANCEMENT OF EDUCATIONAL PROGRAMS TO EDUCATIONAL FACILITIES ALONG WITH OTHER ADMINISTRATIVE ASSISTANCE. FOUNDATION COORDINATES FUND RAISING ACTIVITIES AND HOLDS INVESTMENTS, INCLUDING FUNDS THE BOARD DESIGNATED FOR THE SUPPORT OF ACADEMY PREP CENTER OF TAMPA, ACADEMY PREP CENTER OF ST. PETERSBURG AND ACADEMY PREP CENTER OF LAKELAND ("THE SCHOOLS"). THE FOUNDATION OWNS THE LAND AND IMPROVEMENTS THAT HOUSE THE EDUCATIONAL FACILITIES FOR THE SCHOOLS. THE SCHOOLS ARE SCHOLARSHIP SUPPORTED MIDDLE SCHOOLS FOR INNER CITY CHILDREN WHICH ALSO PROVIDE SUMMER AND EVENING CLASSES FOR STUDENT ENHANCEMENT AND EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01118254
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015070
IRS990/FeesForServicesAccountingGrp/TotalAmt015070
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0421
IRS990/FeesForServicesOtherGrp/TotalAmt0421
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt045576
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt045576
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt57.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt87.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt932.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt816503
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt99892
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF FORTUNE
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH SEMBLER
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICIA DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm3OSCAR HORTON
IRS990/Form990PartVIISectionAGrp/PersonNm4CHUCK STAMEY
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM SANSONE
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL L WHITING SR
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN ERIK SAVITSKY
IRS990/Form990PartVIISectionAGrp/PersonNm8LINCOLN TAMAYO
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES HUMBOLDT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt965996
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8199310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt029440
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0889277
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0889277
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0889277
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0708927
IRS990/GrossReceiptsAmt02594550
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03196
IRS990/InformationTechnologyGrp/TotalAmt03196
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0253910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0253910
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06671470
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06989513
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03266672
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03826648
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05545944
IRS990/LandBldgEquipCostOrOtherBssAmt08812616
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0679487
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OFFER 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0250000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0250000
IRS990/NetAssetsOrFundBalancesBOYAmt013723079
IRS990/NetAssetsOrFundBalancesEOYAmt014323739
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt029440
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt029440
IRS990/NetUnrlzdGainsLossesInvstAmt0-12281
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0765
IRS990/OfficeExpensesGrp/TotalAmt0765
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0325509
IRS990/OtherAssetsTotalGrp/EOYAmt017720
IRS990/OtherChangesInNetAssetsAmt0-18231
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0716
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07596
IRS990/OtherExpensesGrp/TotalAmt08312
IRS990/OtherLiabilitiesGrp/BOYAmt0372
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05250
IRS990/PayrollTaxesGrp/TotalAmt05250
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03270994
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03411627
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01266882
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01026303
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06410
IRS990/PrincipalOfficerNm0JAMES HUMBOLDT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01912846
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0158900
IRS990/PYInvestmentIncomeAmt0441478
IRS990/PYOtherExpensesAmt0330767
IRS990/PYRevenuesLessExpensesAmt01659896
IRS990/PYSalariesCompEmpBnftPaidAmt0204761
IRS990/PYTotalExpensesAmt0694428
IRS990/PYTotalRevenueAmt02354324
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0631172
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0100000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION ADDED ONE SUPPORTED ORGANIZATION CALLED ACADEMY PREP CENTER OF LAKELAND (APL), EIN 82-4257263. THE FOUNDATION IS A MAJOR FUNDING SOURCE FOR APL, WHICH BEGAN OPERATIONS IN JUNE 2019. THE ARTICLES OF INCORPORATION ALLOW FOR ALL SCHOOLS IT CREATES TO BE SUPPORTED BY THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION IS A SUPPORTING ORGANIZATION WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ONE OR MORE PUBLICALLY SUPPORTED ORGANIZATIONS. THE FOUNDATION SUPPORTS TWO SCHOOLS, ACADEMY PREP CENTER OF TAMPA, INC. (EIN 59-3622978) AND ACADEMY PREP CENTER OF ST. PETERSBURG, INC. (EIN 59- 3623000). AN EVALUATION OF THE PUBLIC SUPPORT OF THE SCHOOLS SHOWS BOTH ORGANIZATIONS RECEIVE OVER 33.33% OF THEIR SUPPORT FROM THE PUBLIC. DURING THE CURRENT YEAR, A THIRD SCHOOL ACADEMY PREP CENTER OF LAKELAND, INC. WAS CREATED AND SUPPORTED BY THE FOUNDATION. THE FOUNDATION'S ENDOWMENT FUNDS ARE FUNDS RESTRICTED OR DESIGNATED FOR GRADUATE SUPPORT PROGRAMS OF THE SCHOOLS AND OPERATING COSTS INCURRED BY THE SCHOOLS RELATED TO THE OPERATION OF THEIR MULTIFACETED LEARNING CENTERS. THE ENDOWMENTS CONSIST OF MONEY MARKET FUNDS, CORPORATE DEBT AND EQUITY SECURITIES, GOVERNMENTAL BONDS AND DEBT AND EQUITY FUNDS. INCOME EARNED FROM THE ENDOWMENTS IS AVAILABLE FOR GENERAL OR SPECIFIC PURPOSES. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE FOUNDATION IS A FUNDING SOURCE FOR THE SCHOOLS AND OWNS THE LAND AND IMPROVEMENTS THAT HOUSE THE EDUCATIONAL FACILITIES FOR THE SCHOOLS. THE FOUNDATION IS IN A POSITION OF INFLUENCE TO THE SCHOOLS, POTENTIALLY RESULTING IN OUTCOMES THAT COULD BE SIGNIFICANTLY DIFFERENT IF THESE ENTITIES WERE AUTONOMOUS. THE FOUNDATION'S INVESTMENTS AND SUPPORT ARE IMPORTANT FOR THE FUTURE OF THE SCHOOLS, HOWEVER IF THE FOUNDATION DID NOT EXIST THE SCHOOLS WOULD CARRY ON WITH THESE INVESTMENT ACTIVITIES INDIVIDUALLY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 5A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt0372665
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0593622978
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1593623000
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2824257263
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd22
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0202797
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt1169868
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt010088
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1161500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt2417689
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ACADEMY PREP CENTER OF TAMPA INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ACADEMY PREP CENTER OF ST PETERSBURG INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ACADEMY PREP CENTER OF LAKELAND INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0ACADEMY PREP CENTER OF TAMPA INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt1ACADEMY PREP CENTER OF ST PETERSBURG
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt2ACADEMEY PREP CENTER OF LAKELAND
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0589277
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.59360
IRS990ScheduleD/BuildingsGrp/BookValueAmt04906240
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03256463
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08162703
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07426612
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0461900
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07697290
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0421500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0230278
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06227790
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0859721
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07426612
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0158900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0498001
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04984518
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01005815
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06227790
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0262500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0499957
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04687095
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0532700
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04984518
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0170750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-64527
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03743996
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01227657
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04687095
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0134700
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0128063
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0277921
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0338895
IRS990ScheduleD/DonatedServicesUseFcltsAmt0338895
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0300
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010209
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010509
IRS990ScheduleD/ExpensesNotReportedAmt0338895
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0345576
IRS990ScheduleD/ExpensesSubtotalAmt0938315
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt045576
IRS990ScheduleD/InvestmentExpensesNotIncldAmt045576
IRS990ScheduleD/LandGrp/BookValueAmt0639404
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0639404
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-12281
IRS990ScheduleD/OtherExpensesNotIncludedAmt0300000
IRS990ScheduleD/OtherRevenueAmt05044
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0323275
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.37380
IRS990ScheduleD/RevenueNotReportedAmt0331658
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0368851
IRS990ScheduleD/RevenueSubtotalAmt01546212
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT FUNDS ARE FUNDS RESTRICTED OR DESIGNATED FOR GRADUATE SUPPORT PROGRAMS OF THE SCHOOLS AND OPERATING COSTS INCURRED BY THE SCHOOLS RELATED TO THE OPERATION OF THEIR MULTIFACETED LEARNING CENTERS. THE ENDOWMENTS CONSIST OF MONEY MARKET FUNDS, CORPORATE DEBT AND EQUITY SECURITIES, GOVERNMENTAL BONDS AND DEBT AND EQUITY FUNDS. INCOME EARNED FROM THE ENDOWMENTS IS AVAILABLE FOR GENERAL OR SPECIFIC PURPOSES. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THESE AMOUNTS ARE REPORTED ON THIS RETURN AND ON THE INDIVIDUAL SCHOOL'S RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN CASH VALUE OF INSURANCE POLICY 5,044
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GRANT TO COMMUNITY FDN OF TAMPA BAY 300,000 CHANGE IN VALUE OF BENEFICIAL INTEREST 23,275
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3GRANT TO COMMUNITY FDN OF TAMPA BAY 300,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.03260
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05545944
IRS990ScheduleD/TotalExpensesPerForm990Amt01283891
IRS990ScheduleD/TotalRevenuePerForm990Amt01915063
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01877870
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01277210
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0161500
IRS990ScheduleI/RecipientTable/CashGrantAmt110088
IRS990ScheduleI/RecipientTable/CashGrantAmt2417689
IRS990ScheduleI/RecipientTable/CashGrantAmt3300000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/IRCSectionDesc13
IRS990ScheduleI/RecipientTable/IRCSectionDesc23
IRS990ScheduleI/RecipientTable/IRCSectionDesc33
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ENDOWMENT DISTRIBUTI
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATING EXPENSES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2OPERATING EXPENSES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,581,267
Liabilities
$257,528
Net assets
$14,323,739
Revenue
$1,915,063
Expenses
$1,283,891
Net income
$631,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$44.3$0.30$44.0$3.85$2.62$1.23
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.5$0.31$42.2$1.96$1.61$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.9$0.27$37.6$5.82$1.24$4.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.4$0.26$38.1$0.45$1.10$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$0.39$28.0$2.22$1.30$0.93
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.9$0.33$24.6$1.66$1.01$0.65
2019Detailed filing. Detailed filing data is available for this year.$14.6$0.26$14.3$1.92$1.28$0.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.28$13.7$2.35$0.69$1.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$0.28$11.9$2.57$0.60$1.97
2016Detailed filing. Detailed filing data is available for this year.$9.92$0.30$9.62$0.97$0.61$0.36
2015Detailed filing. Detailed filing data is available for this year.$9.76$0.30$9.46$2.03$0.51$1.52
2014Detailed filing. Detailed filing data is available for this year.$8.58$0.32$8.25$0.72$0.47$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.17$0.29$7.88$0.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$0.25$7.52$0.83
2011Summary only. Only limited summary data is available for this year.$8.48$0.25$8.23$0.44$1.15$0.70