Civic Intelligence

Infinite Potential Learning Academy Inc.

990 • Fiscal year 2025 • EIN 92-2766408

Jul 01, 2024 to Jun 30, 2025 • Filed on Dec 17, 2025

Organization ProfileWWW.IPLAKIDS.ORG
1900 12th St SSt Petersburg, FL 33705

(727) 954-4934

Siviq Scores

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

Liabilities / Assets

99th percentile

2.51x

Higher debt load relative to assets than 99% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.43x

Higher debt load relative to revenue than 87% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

29th percentile

-4.2%

Higher net margin than 29% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

72nd percentile

$60,700

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

96th percentile

130%

Faster asset growth than 96% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

91st percentile

83%

Faster revenue growth than 91% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$129,520

Up $73,203 (+130%) from 2024

Net Assets

Down

-$194,991

Down $25,203 (-15%) from 2024

Liabilities

Up

$324,511

Up $98,406 (+44%) from 2024

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin29th percentile

Revenue

Up

$746,566

Up $339,330 (+83%) from 2024

Expenses

Up

$778,071

Up $201,047 (+35%) from 2024

Net Income

Up

-$31,505

Up $138,283 (+81%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$400K$200K$0-$200KAssets 2024: $56,317Liabilities 2024: $226,105Net Assets 2024: -$169,7882024Assets 2025: $129,520Liabilities 2025: $324,511Net Assets 2025: -$194,9912025

Highlighted filing

2025

Assets$129,520
Liabilities$324,511
Net Assets-$194,991
Open 2025 Filing

Operations Trend

Revenue Growth91st percentile

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

$1.0M$500K$0-$500KRevenue 2024: $407,236Expenses 2024: $577,024Net Income 2024: -$169,7882024Revenue 2025: $746,566Expenses 2025: $778,071Net Income 2025: -$31,5052025

Highlighted filing

2025

Revenue$746,566
Expenses$778,071
Net Income-$31,505
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 17, 2025
Return Version
2024v5.2
Gross Receipts
$746,566
Mission and Program Overview

Mission

Operation of grant part academy that provides a full curriculum and services for pre-k to 5th grade

Operation of grant part academy that provides a full curriculum and services for pre k to 5th

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,343$93,708▲ $80,365
Land, Buildings, and Equipment, Net$42,975$35,812▼ $7,163
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-163,486$-194,991▼ $31,505
Total Assets$56,318$129,520▲ $73,202
Liabilities
Other Liabilities$219,804$324,511▲ $104,707
Total Liabilities$219,804$324,511▲ $104,707
Net Assets / Fund Balance
Total Net Assets Fund Balance$-163,486$-194,991▼ $31,505
Total Liabilities and Net Assets / Fund Balance$56,318$129,520▲ $73,202

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$35,812$14,326$50,138
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Twanna MonroePresidentFT$60,700$60,700

Board Members and Trustees

NameTitle
Gwendolyn ReeseChairperson
Andrea PeatenDirector
Bilan JosephDirector
Courtney DacresDirector
James WeaverDirector
Lolita BrownDirector
Tammye MooreDirector
Walker WillisDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$746,566
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$551,566
Change in Net Assets
$-31,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$444,754
Other Expenses$333,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$340,873$60,700-$401,573
Occupancy$67,552--$67,552
Insurance$51,869--$51,869
Payroll Taxes$36,704$6,477-$43,181
Office Expenses$1,739$36,451-$38,190
Fees for Services Legal-$15,000-$15,000
Other Expenses$11,910$13,655-$11,910
Depreciation Depletion$7,163--$7,163
Advertising-$2,246-$2,246
Total Functional Expenses$616,218$161,853$0$778,071
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Potential Place$301,761
Other$22,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Part VI, Section B, Line 11B

“Financials reports and form 990 are made availible during the regular board meetings”

Form 990, Part VI, Section C, Line 18

“The organization's governing documents, conflict of interest policies and financial statements are made available upon request at the office address.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policies and financial statements are made available upon request at the office address.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Twanna monroe - 1900 12th street south, st.petersburg, fl 33705.”

Filing and Contact Details

Filer

Filer Name
Infinite Potential Learning Academy Inc
EIN
92-2766408
Phone
7279544934
Address
1900 12TH ST S, ST PETERSBURG, FL 33705

Signing Officer

Name
Twanna Monroe
Title
President
Phone
7279544934
Signed
2025-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Twanna Monroe
Formed
2023
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Walters & Associates Cpas
Address
3277 FRUITVILLE ROAD BLDG E, SARASOTA, FL 34237
Preparer
Linda Mckay
Phone
9413664450
Raw XML Appendix367 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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVES STEP UP GRANTS FROM STATE OF FL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINANCIALS REPORTS AND FORM 990 ARE MADE AVAILIBLE DURING THE REGULAR BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AT THE OFFICE ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AT THE OFFICE ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TWANNA MONROE - 1900 12TH STREET SOUTH, ST.PETERSBURG, FL 33705.
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0616218
IRS990/TotalFunctionalExpensesGrp/TotalAmt0778071
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0324511
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IRS990/TotalLiabilitiesGrp/EOYAmt0324511
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-194991
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0616218
IRS990/TotalReportableCompFromOrgAmt060700
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0746566
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt056318
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0129520
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/USAddress/CityNm0ST PETERSBURG
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033705
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTPS://WWW.IPLAKIDS.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TWANNA MONROE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07279544934
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INFINITE POTENTIAL LEARNING ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0INFI
ReturnHeader/Filer/EIN0922766408
ReturnHeader/Filer/PhoneNum07279544934
ReturnHeader/Filer/USAddress/AddressLine1Txt01900 12TH ST S
ReturnHeader/Filer/USAddress/CityNm0ST PETERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033705
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593618759
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALTERS & ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03277 FRUITVILLE ROAD BLDG E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034237
ReturnHeader/PreparerPersonGrp/PhoneNum09413664450
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA MCKAY
ReturnHeader/ReturnTs02025-12-17T13:21:12-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,520
Liabilities
$324,511
Net assets
-$194,991
Revenue
$746,566
Expenses
$778,071
Net income
-$31,505
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.30$3.25$1.95$7.47$7.78$0.32
2024Detailed filing. Detailed filing data is available for this year.$0.56$2.26$1.70$4.07$5.77$1.70