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Florida · Nonprofit

ACADEMY PREP FOUNDATION INC

ACADEMY PREP FOUNDATION INC (Florida) receives grants from 15 organizations whose IRS filings report $12,299,228 to it, the largest being GEORGE JENKINS FOUNDATION INC ($7,700,000). 11 of them have funded it in more than one year.

Revenue FY2025
$3.8M
Funders on record
15
Grants received
$12M
Net assets
$44M
11/15 repeat fundersgrants exceed reported revenue in one year
01What it does

What Academy Prep Foundation Inc does

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.

As stated on its FY2025 Form 990.

Program

  1. Foundation provides services related to the development and enhancement of educational programs to educational facilities along with other administrative assistance. Foundation coordinates fundraising 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.

    $2,128,893 spentof which $1,354,718 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,128,893.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($599k) Net assets 100 ($12M)2018 Revenue 92 ($2.4M) Expenses 116 ($694k) Net assets 115 ($14M)2019 Revenue 75 ($1.9M) Expenses 214 ($1.3M) Net assets 120 ($14M)2020 Revenue 64 ($1.7M) Expenses 168 ($1.0M) Net assets 206 ($25M)2021 Revenue 87 ($2.2M) Expenses 217 ($1.3M) Net assets 235 ($28M)2022 Revenue 17 ($447k) Expenses 183 ($1.1M) Net assets 319 ($38M)2023 Revenue 227 ($5.8M) Expenses 206 ($1.2M) Net assets 315 ($38M)2024 Revenue 76 ($2.0M) Expenses 268 ($1.6M) Net assets 353 ($42M)2025 Revenue 150 ($3.8M) Expenses 438 ($2.6M) Net assets 369 ($44M)
'17'18'19'20'21'22'23'24'25
Revenue (150)Expenses (438)Net assets (369)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 $15M to $25M (+71%).

$12M
$14M
$15M
$25M
$28M
$38M
$38M
$42M
$44M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 3% · 2023 1% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

25% of ACADEMY PREP FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$2.0M
’17
$1.7M
’18
$631k
’19
$648k
’20
$926k
’21
−$649k
’22
$4.6M
’23
$359k
’24
$1.2M
’25
5.3
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

Tom Sansone

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed9910111010111212
Joined·+1+1+2+0+1+2+1+1
No longer listed·10111101
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $270k → $1.2M.

5 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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: $966k from 4 payers (the payer shares this organization's board, largest Academy Prep Center of Tampa Inc). These are real filings, and they are not money ACADEMY PREP FOUNDATION INC raised.

From the IRS filings of ACADEMY PREP FOUNDATION 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 FOUNDATION INC leans on a few funders — its largest provides 63% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

63%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 56% · 2018 97% · 2019 89% · 2020 64% · 2021 56% · 2022 51% · 2023 53% — 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

71% of ACADEMY PREP FOUNDATION INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

93% of ACADEMY PREP FOUNDATION INC's grant income comes from Florida funders.

IN
CA
AZ
NC
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $198k arriving through sponsors registered in 5 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 FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin32% · top quartile
Months of reserve5.3mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like ACADEMY PREP FOUNDATION 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

81% of spending goes to programs.

Program 81%Management 16%Fundraising 2%

Governance

10
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 Center of Tampa Inc · exempt
  • Academy Prep Center of St Petersburg Inc · exempt
  • Academy Prep Center of Lakeland Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ACADEMY PREP FOUNDATION 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 FOUNDATION INC?
ACADEMY PREP FOUNDATION INC (Florida) receives grants from 15 organizations whose IRS filings report $12,299,228 to it, the largest being GEORGE JENKINS FOUNDATION INC ($7,700,000). 11 of them have funded it in more than one year.
How many funders does ACADEMY PREP FOUNDATION INC have?
IRS filings report 15 organizations giving $12,299,228 in grants to ACADEMY PREP FOUNDATION INC, 11 of which have funded it in more than one year.
Who is the largest funder of ACADEMY PREP FOUNDATION INC?
GEORGE JENKINS FOUNDATION INC is the largest funder on record, with $7,700,000 in grants. The full list of funders is on this page.
How can an organization like ACADEMY PREP FOUNDATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 15 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 14, 2026. What this page cannot tell you · view filing