Academy Prep Center Of St Petersburg Inc

Organization Overview

Academy Prep Center Of St Petersburg Inc is located in St Petersburg, FL. The organization was established in 2000. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Prep Center Of St Petersburg 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 05/2022, Academy Prep Center Of St Petersburg Inc generated $13.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $2.6m during the year ending 05/2022. While expenses have increased by 2.0% per year over the past 7 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.

Since 2015, Academy Prep Center Of St Petersburg Inc has awarded 29 individual grants totaling $813,321. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


SEE SCHEDULE O.


N/A


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Board, Officers & Key Employees

Name (title)Compensation
Gina Burkett
Head Of School
$126,100
Bryant Jones
Chair
$0
Terri Scarcelli
CFO
$0
Joe Bourdow
Trustee
$0
Vincent Campagnoli
Trustee
$0
Tim Bogott
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$892,686
Related organizations$0
Government grants $454,817
All other contributions, gifts, grants, and similar amounts not included above$10,671,547
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,019,050
Total Program Service Revenue$991,026
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $13,020,426

Grants Awarded

Over the last fiscal year, Academy Prep Center Of St Petersburg Inc has awarded $61,608 in support to 4 organizations.

Grant RecipientAmount

NORTHSIDE CHRISTIAN SCHOOL

Org PageRecipient Profile

St Petersburg, FL

PURPOSE: TUITION

$24,399

NORTHSIDE CHRISTIAN SCHOOL

Org PageRecipient Profile

St Petersburg, FL

PURPOSE: TUITION

$24,399

KESWICH CHRISTIAN SCHOOL

Org PageRecipient Profile

St Petersburg, FL

PURPOSE: TUITION

$6,405

KESWICH CHRISTIAN SCHOOL

Org PageRecipient Profile

St Petersburg, FL

PURPOSE: TUITION

$6,405
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Academy Prep Center Of St Petersburg Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Margaret & David Perry Foundation T-U-A 2-14-18

St Petersburg, FL

PURPOSE: FOR CHILDREN EDUCATION

$25,000
Woodnote Foundation T-U-A 2-14-18

St Petersubrg, FL

PURPOSE: FOR CHILDREN EDUCATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,440,502
Earnings$10,011,095
Admin Expense$29,736
Grants$291,506
Ending Balance$15,130,355

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