The Pepin Academies Inc is located in Riverview, FL. The organization was established in 1999. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Pepin Academies Inc employed 270 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pepin Academies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Pepin Academies Inc generated $16.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $16.1m during the year ending 06/2022. While expenses have increased by 7.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER STUDENTS WITH LEARNING AND LEARNING-RELATED DISABILITIES TO REACH THEIR FULL POTENTIAL BY PROVIDING A HIGH-QUALITY EDUCATION IN A STIMULATING, LOW-THREAT LEARNING ENVIROMENT.
Describe the Organization's Program Activity:
TO EMPOWER LEARNING AND LEARNING RELATED DISABILITY STUDENTS TO REACH THEIR FULL POTENTIAL THROUGH A HIGH QUALITY EDUCATION IN A LOW-THREAT LEARNING ENVIROMENT THROUGH A VARIETY OF SERVICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Skowronek Executive Di | Officer | 40 | $106,666 |
Charles Burke CFO | Officer | 40 | $70,527 |
Geri Henry Principal Re | Officer | 40 | $95,115 |
Jennifer Messerschmit Principal Ta | Trustee | 40 | $81,783 |
Moinika Perez Chief Oper O | Officer | 40 | $76,470 |
Eric Adams Board Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,579,032 |
| All other contributions, gifts, grants, and similar amounts not included above | $547,773 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,126,805 |
| Total Program Service Revenue | $12,601,437 |
| Investment income | $70,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,187,492 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,986,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $430,561 |
| Compensation of current officers, directors, key employees. | $430,561 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,608,012 |
| Pension plan accruals and contributions | $112,783 |
| Other employee benefits | $996,688 |
| Payroll taxes | $621,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $113,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $60,803 |
| Office expenses | $5,190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $930 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,384,429 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $733,061 |
| Insurance | $325,730 |
| All other expenses | $0 |
| Total functional expenses | $16,096,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,421,474 |
| Savings and temporary cash investments | $3,024,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,757 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,436 |
| Net Land, buildings, and equipment | $21,676,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $103,690 |
| Other assets | $1,786,036 |
| Total assets | $30,063,043 |
| Accounts payable and accrued expenses | $1,151,592 |
| Grants payable | $0 |
| Deferred revenue | $50,651 |
| Tax-exempt bond liabilities | $24,229,965 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,833,185 |
| Total liabilities | $27,265,393 |
| Net assets without donor restrictions | $2,076,565 |
| Net assets with donor restrictions | $721,085 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $30,063,043 |