Academy Prep Center Of Lakeland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 7,234,689 | 271,577 | 6,963,112 | 307.7 | 65% |
| 2020 | 5,982,064 | 1,522,635 | 4,459,429 | 12.9 | 52% |
| 2021 | 1,822,089 | 1,837,222 | −15,133 | 10.7 | 54% |
| 2022 | 1,503,089 | 2,422,251 | −919,162 | 3.5 | 53% |
| 2023 | 3,406,742 | 3,017,725 | 389,017 | 4.4 | 55% |
In its most recent public year (2023), this organization brought in $389,017 more than it spent. Its reserves stood at about 4.4 months of spending, down from 307.7 in 2019. Staff pay was 55% of spending. $761,366 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works