Civic Intelligence

Academy at the Lakes Inc

EIN 59-3592809 • 501(c)3 • Land O Lakes, FL

Profile

Academy at the Lakes is a learning community of shared values dedicated to the success of each individual at school in the community and in the world. We celebrate the love of learning and the joy in the journey.

2331 Collier PkwyLand O Lakes, FL 34639

www.academyatthelakes.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.58x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.70x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

43rd percentile

2.2%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$332,749

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

8th percentile

-13%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2021

Revenue Growth

32nd percentile

-0.5%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2021

Assets

Up

$15,466,088

Up $3,658,640 (+31%) from 2023

Liabilities

Up

$8,530,905

Up $1,520,041 (+22%) from 2023

Net Assets

Up

$6,935,183

Up $2,138,599 (+45%) from 2023

Revenue

Up

$13,803,823

Up $3,379,613 (+32%) from 2023

Expenses

Up

$11,665,224

Up $1,485,265 (+15%) from 2023

Net Income

Up

$2,138,599

Up $1,894,348 (+776%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $8,706,446Liabilities 2010: $8,169,776Net Assets 2010: $536,6702010Assets 2011: $8,113,982Liabilities 2011: $6,638,554Net Assets 2011: $1,475,4282011Assets 2012: $8,515,617Liabilities 2012: $6,577,265Net Assets 2012: $1,938,3522012Assets 2013: $10,706,786Liabilities 2013: $8,762,995Net Assets 2013: $1,943,7912013Assets 2014: $10,810,034Liabilities 2014: $8,935,152Net Assets 2014: $1,874,8822014Assets 2015: $11,852,779Liabilities 2015: $9,393,050Net Assets 2015: $2,459,7292015Assets 2016: $12,695,097Liabilities 2016: $9,575,132Net Assets 2016: $3,119,9652016Assets 2017: $12,598,540Liabilities 2017: $9,193,668Net Assets 2017: $3,404,8722017Assets 2018: $12,962,510Liabilities 2018: $9,153,123Net Assets 2018: $3,809,3872018Assets 2019: $14,032,873Liabilities 2019: $9,482,401Net Assets 2019: $4,550,4722019Assets 2020: $11,627,016Liabilities 2020: $7,333,721Net Assets 2020: $4,293,2952020Assets 2021: $10,742,741Liabilities 2021: $6,203,119Net Assets 2021: $4,539,6222021Assets 2022: $11,582,464Liabilities 2022: $7,013,554Net Assets 2022: $4,568,9102022Assets 2023: $11,807,448Liabilities 2023: $7,010,864Net Assets 2023: $4,796,5842023Assets 2024: $15,466,088Liabilities 2024: $8,530,905Net Assets 2024: $6,935,1832024

Highlighted filing

2024

Assets$15,466,088
Liabilities$8,530,905
Net Assets$6,935,183

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,619,9922010Revenue 2011: $7,477,155Expenses 2011: $5,530,679Net Income 2011: $1,946,4762011Expenses 2012: $5,780,4122012Revenue 2013: $6,383,507Expenses 2013: $6,382,712Net Income 2013: $7952013Revenue 2014: $6,596,539Expenses 2014: $6,673,140Net Income 2014: -$76,6012014Revenue 2015: $7,655,369Expenses 2015: $7,068,507Net Income 2015: $586,8622015Revenue 2016: $8,357,704Expenses 2016: $7,695,842Net Income 2016: $661,8622016Revenue 2017: $8,376,861Expenses 2017: $8,107,514Net Income 2017: $269,3472017Revenue 2018: $8,496,383Expenses 2018: $8,098,567Net Income 2018: $397,8162018Revenue 2019: $8,925,777Expenses 2019: $8,174,869Net Income 2019: $750,9082019Revenue 2020: $8,458,142Expenses 2020: $8,721,445Net Income 2020: -$263,3032020Revenue 2021: $8,834,375Expenses 2021: $8,638,396Net Income 2021: $195,9792021Revenue 2022: $9,362,708Expenses 2022: $9,286,220Net Income 2022: $76,4882022Revenue 2023: $10,424,210Expenses 2023: $10,179,959Net Income 2023: $244,2512023Revenue 2024: $13,803,823Expenses 2024: $11,665,224Net Income 2024: $2,138,5992024

Highlighted filing

2024

Revenue$13,803,823
Expenses$11,665,224
Net Income$2,138,599

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.5$8.53$6.94$13.8$11.7$2.14
2023Detailed filing. Detailed filing data is available for this year.$11.8$7.01$4.80$10.4$10.2$0.24
2022Detailed filing. Detailed filing data is available for this year.$11.6$7.01$4.57$9.36$9.29$0.08
2021Detailed filing. Detailed filing data is available for this year.$10.7$6.20$4.54$8.83$8.64$0.20
2020Summary only. Only limited summary data is available for this year.$11.6$7.33$4.29$8.46$8.72$0.26
2019Detailed filing. Detailed filing data is available for this year.$14.0$9.48$4.55$8.93$8.17$0.75
2018Detailed filing. Detailed filing data is available for this year.$13.0$9.15$3.81$8.50$8.10$0.40
2017Detailed filing. Detailed filing data is available for this year.$12.6$9.19$3.40$8.38$8.11$0.27
2016Detailed filing. Detailed filing data is available for this year.$12.7$9.58$3.12$8.36$7.70$0.66
2015Detailed filing. Detailed filing data is available for this year.$11.9$9.39$2.46$7.66$7.07$0.59
2014Detailed filing. Detailed filing data is available for this year.$10.8$8.94$1.87$6.60$6.67$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$8.76$1.94$6.38$6.38$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.52$6.58$1.94$5.78
2011Summary only. Only limited summary data is available for this year.$8.11$6.64$1.48$7.48$5.53$1.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$8.17$0.54$5.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Apr 16, 2025
Return Version
2023v6.0
Gross Receipts
$13,921,260
Mission and Program Overview

Mission

Academy at the Lakes is a learning community of shared values dedicated to the success of each individual at school in the community and in the world. We celebrate the love of learning and the joy in the journey.

Academy at the Lakes. Inc. is an independent school serving students from pre-kindergarten through grade 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,253,847$10,556,733▲ $1,302,886
Savings and Temporary Cash Investments$1,917,960$2,883,863▲ $965,903
Cash and Non-Interest-Bearing Accounts$173,896$757,103▲ $583,207
Pledges and Grants Receivable$122,480$599,441▲ $476,961
Investments in Publicly Traded Securities$245,110$295,367▲ $50,257
Prepaid Expenses and Deferred Charges$17,282$142,365▲ $125,083
Accounts Receivable$76,873$118,551▲ $41,678
Loans From Officers Directors$0$82,215▲ $82,215
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$11,807,448$15,466,088▲ $3,658,640
Other Assets Total$0$112,665▲ $112,665
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,507,871$4,884,915▲ $377,044
Deferred Revenue$1,395,296$2,141,939▲ $746,643
Accounts Payable and Accrued Expenses$1,107,697$1,421,836▲ $314,139
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,010,864$8,530,905▲ $1,520,041
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,936,378$6,459,410▲ $2,523,032
Net Assets With Donor Restrictions$860,206$475,773▼ $384,433
Total Net Assets Fund Balance$4,796,584$6,935,183▲ $2,138,599
Total Liabilities and Net Assets / Fund Balance$11,807,448$15,466,088▲ $3,658,640

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,729,328$3,758,755$7,488,083
Land$4,469,455-$4,469,455
Other Land Buildings$1,873,498-$1,873,498
Equipment$484,452$1,387,185$1,871,638

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$241,728$0▲ $35,177$0$270,655
2023$250,347$226▲ $1,605$0$241,728
2022$278,020$1,461▼ $29,134$0$250,347
2021$217,227$0▲ $66,843$0$278,020
2020$196,640$7,109▲ $19,483$0$217,227
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark HellerHead of SchoolFT$377,273$19,494$396,767
Patrick PeschChief Financial OfficerFT$199,896$16,795$216,691
Araina JewellLower Division DirectorFT$133,734$13,588$147,322
Alfonso San VicenteInformation Technology and Facilities DirectorFT$106,973$12,225$119,198
Kevin McCarthyControllerFT$108,261$8,033$116,294

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,394,391
Program Service Revenue
$12,007,358
Investment Income
$243,652
Other Revenue
$158,422
All Other Contributions
$1,394,391
Change in Net Assets
$2,138,599

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,803,823
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,803,823
Total Revenue per Form 990
$13,803,823
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,489,884
Other Expenses$3,175,340
Total Fundraising Expense$281,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,887,470$1,430,797$185,353$6,503,620
Other Employee Benefits$511,633$149,780$19,403$680,816
Current Officers, Directors, Trustees, and Key Employees$337,349$245,345$30,668$613,362
Occupancy$435,152$50,129$0$485,281
Payroll Taxes$354,873$103,888$13,458$472,219
Depreciation Depletion$391,797$10,046$0$401,843
Pension Plan Contributions$165,230$48,371$6,266$219,867
Insurance$153,976$51,326$0$205,302
All Other Expenses$105,704$86,486$2,193$194,383
Interest$79,153$94,428$0$173,581
Advertising$18,141$78,879$3,207$100,228
Office Expenses$34,175$27,960$5,345$67,480
Conferences and Meetings$33,687$30,319$0$67,376
Information Technology$1,561$1,277$7,167$10,005
Travel$0$1,997$0$1,997
Total Functional Expenses$8,906,156$2,474,680$281,017$11,665,224

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,665,224
Total Expenses per Audited Statements$11,665,224
Total Expenses per Form 990$11,665,224
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$275,859
Fundraising Direct Expenses$117,437
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$275,860$275,860$117,438$158,422
Event 2$0$0$0$0
Total Events$275,860$275,860$117,438$158,422
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$82,215▲ $82,215
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 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
Yes
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

Part VI, Line 11A

The 990 is reviewed by members of the finance committee of the board of trustees and the treasurer. After their review and approval the 990 is reviewed and approved by the executive committee of the board of trustees which includes all officers of the board. After filing the return is made available to all members of the board of trustees.

Part VI, Line 12C

The boards chair ensures that each required individual has properly completed the statement annually.

Part VI, Line 15

The CFO completes a compensation earned schedule annually which is presented to the executive committee for approval. When approved the schedule is signed by the CFO and the Chair of the trustees.

Part VI, Line 19

990 tax returns are available through the GuideStar website. Other documents may be requested from the school business office.

Filing and Contact Details

Filer

Filer Name
Academy at the Lakes Inc
EIN
59-3592809
In Care Of
% Patrick Pesch
Phone
8139487600
Address
2331 COLLIER PKWY, Land O Lakes, FL 34639

Signing Officer

Name
Patrick Pesch
Title
Chief Financial Officer
Signed
2025-04-16

Organization Details

Formed
1999
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
16
Employees
141
Volunteers
0
Raw XML AppendixShowing 400 of 927 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.

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IRS990/Desc0Academy at the Lakes provided exceptional education for over 500 students from pre-kindergarten through grade 12. The students were able to participate in a variety of interscholastic athletic sports fine arts production and extracurricular activities through clubs and school events. Our summer school and summer camp programs allowed 350 students to continue to learn and collaborate with their peers over the summer months.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Head of School
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IRS990/MissionDesc0Academy at the Lakes is a learning community of shared values dedicated to the success of each individual at school in the community and in the world. We celebrate the love of learning and the joy in the journey.

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