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Florida · Nonprofit

ACADEMY PREP CENTER OF LAKELAND INC

ACADEMY PREP CENTER OF LAKELAND INC (Florida) receives grants from 13 organizations whose IRS filings report $309,007 to it, the largest being RAYS BASEBALL FOUNDATION INC ($117,000). 7 of them have funded it in more than one year.

Revenue FY2025
$3.0M
Funders on record
13
Grants received
$309k
Net assets
$382k
7/13 repeat funderspeak grant-dependency 4%
01What it does

What Academy Prep Center of Lakeland Inc does

Mission

To inspire and empower students qualifying for need-based scholarships to become future community leaders through a rigorous middle school program coupled with ongoing graduate support.

As stated on its FY2025 Form 990.

Programs

  1. Academy prep center of lakeland, established in june 2019, is the third campus added to the academy prep organization. It joins its sister campuses in providing a rigorous, tuition-free, private, nonprofit middle school education for students from low-income communities in lakeland, florida. The campus is committed to preparing scholars for success in high school, college, and beyond through high academic expectations, character development, and long-term student support. (continued on schedule o) this also includes an exemplary college preparatory middle school education with extended days, weeks, and school years coupled with a wide array of enrichment activities and services. Through our graduate support services program, academy prep continues to support our graduates in high school, college, and into their careers, ensuring successful transitions into each phase of their lives. Academy prep students attend school up to 11 hours a day, 6 days a week, 11 months a year, with classes of approximately 20 students or less. Academy prep offers a unique combination of demanding academics and enrichment activities that offer growth opportunities. In addition to rigorous education in…

    $2,656,898 spent$1,018,009 earned by the program
    100% of program spending
  2. Graduate support services provide guidance and financial support for academy prep students and graduates through and into post-secondary education or service as they become leaders and break the cycle of poverty into which so many were born. Close support and counseling are provided while students are in our middle school program, and they include emphasizing positive life choices, a college-going culture, and the development of life goals while ensuring students master academic and enrichment courses at the highest level. (continued on schedule o)graduate support primarily focuses on current academy prep students in seventh and eighth grade. Prior to graduating from academy prep, students guided by the graduate support staff develop clear educational career goals and are then matched with a high school that best aligns with their academic profile and personal needs. These placements include local private preparatory private schools, public magnet and international baccalaureate (ib) programs, and boarding schools. The graduate support staff ensures that each student applies to, is accepted into, and receives adequate funding for high school. Additionally, the graduate support…

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,656,898.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($7.2M) Expenses 100 ($272k) Net assets 100 ($7.0M)2020 Revenue 83 ($6.0M) Expenses 561 ($1.5M) Net assets 23 ($1.6M)2021 Revenue 25 ($1.8M) Expenses 677 ($1.8M) Net assets 23 ($1.6M)2022 Revenue 21 ($1.5M) Expenses 892 ($2.4M) Net assets 10 ($711k)2023 Revenue 47 ($3.4M) Expenses 1111 ($3.0M) Net assets 16 ($1.1M)2024 Revenue 33 ($2.4M) Expenses 1087 ($3.0M) Net assets 8 ($569k)2025 Revenue 41 ($3.0M) Expenses 1162 ($3.2M) Net assets 5 ($382k)
2019202020212022202320242025
Revenue (41)Expenses (1162)Net assets (5)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $7.9M to $1.9M (−76%).

$7.9M
$1.9M
$1.9M
$780k
$1.2M
$708k
$507k
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2021 12% · 2022 22% · 2023 3% · 2024 10% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

66% of ACADEMY PREP CENTER OF LAKELAND INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$7.0M
’19
$4.5M
’20
−$15k
’21
−$919k
’22
$389k
’23
−$536k
’24
−$192k
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Nick Barnett

Chair

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed798911118
Joined·+3+1+1+2+0+1
No longer listed·120004
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $17k → $77k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.0M from 3 payers (the payer shares this organization's board, largest Givewell Community Foundation Inc). These are real filings, and they are not money ACADEMY PREP CENTER OF LAKELAND INC raised.

From the IRS filings of ACADEMY PREP CENTER OF LAKELAND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ACADEMY PREP CENTER OF LAKELAND INC leans on a few funders — its largest provides 38% of grant income and the top three 62%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ACADEMY PREP CENTER OF LAKELAND INC.

38%
largest funder
62%
top three
~5
effective funders

Largest funder’s share by year: 2019 100% · 2020 97% · 2021 37% · 2022 57% · 2023 32% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of ACADEMY PREP CENTER OF LAKELAND INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of ACADEMY PREP CENTER OF LAKELAND INC's grant income comes from Florida funders.

NY
FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $30k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ACADEMY PREP CENTER OF LAKELAND INC's funding base is broadening — from 1 funders to 5 as grant income climbed.

Operating margin−6% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)−14% · bottom quartile

this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025

Government funding ACADEMY PREP CENTER OF LAKELAND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $392k on record.

State$392k
20
21
22
23
24
25
Top programs
  • FEDERAL FINANCIAL ASSISTANCE - GENERAL $392k
  • FEES - GENERAL - COMMODITIES $44

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ACADEMY PREP CENTER OF LAKELAND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 7%Fundraising 8%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 3 related entities

  • Academy Prep Foundation Inc · exempt
  • Academy Prep Center of St Pete · exempt
  • Academy Prep Center of Tampa Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ACADEMY PREP CENTER OF LAKELAND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ACADEMY PREP CENTER OF LAKELAND INC?
ACADEMY PREP CENTER OF LAKELAND INC (Florida) receives grants from 13 organizations whose IRS filings report $309,007 to it, the largest being RAYS BASEBALL FOUNDATION INC ($117,000). 7 of them have funded it in more than one year.
How many funders does ACADEMY PREP CENTER OF LAKELAND INC have?
IRS filings report 13 organizations giving $309,007 in grants to ACADEMY PREP CENTER OF LAKELAND INC, 7 of which have funded it in more than one year.
Who is the largest funder of ACADEMY PREP CENTER OF LAKELAND INC?
RAYS BASEBALL FOUNDATION INC is the largest funder on record, with $117,000 in grants. The full list of funders is on this page.
How can an organization like ACADEMY PREP CENTER OF LAKELAND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Academy Prep Center of Lakeland →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing