Academy At The Farm Inc is located in Dade City, FL. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Academy At The Farm Inc employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy At The Farm 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 06/2023, Academy At The Farm Inc generated $7.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $7.0m during the year ending 06/2023. While expenses have increased by 4.7% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARTER SCHOOL OPERATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARTER SCHOOL OPERATION - EDUCATION OF CHILDREN IN A SCENIC, NATURAL ENVIRONMENT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| D Ray Polk Executive Director | Officer | 40 | $0 | 
| Suzanne Larkin Chair | OfficerTrustee | 0.5 | $0 | 
| Will Bingham President | OfficerTrustee | 0.5 | $0 | 
| Janay Rouser Vice President | OfficerTrustee | 0.5 | $0 | 
| Emily Rouser Secretary | OfficerTrustee | 0.5 | $0 | 
| Raymond Earl Sturwold Treasurer | OfficerTrustee | 0.5 | $0 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Compumax Computer | 6/29/18 | $150,847 | 
| United Healthcare Health Benefits | 6/29/18 | $330,008 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $0 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $6,027,368 | 
| 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 | $7,158,331 | 
| 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. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $4,149,140 | 
| Pension plan accruals and contributions | $234,121 | 
| Other employee benefits | $448,271 | 
| Payroll taxes | $309,052 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $20,339 | 
| Fees for services: Accounting | $17,000 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $104,308 | 
| Advertising and promotion | $27,021 | 
| Office expenses | $54,577 | 
| Information technology | $132,640 | 
| Royalties | $0 | 
| Occupancy | $179,736 | 
| Travel | $0 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $160,496 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $249,626 | 
| Insurance | $52,788 | 
| All other expenses | $0 | 
| Total functional expenses | $6,985,181 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $689,660 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $8,113 | 
| Accounts receivable, net | $93,804 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $34,487 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $4,069,615 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $4,895,679 | 
| Accounts payable and accrued expenses | $63,582 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $3,694,437 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $3,758,019 | 
| Net assets without donor restrictions | $0 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $375,178 | 
| Retained earnings, endowment, accumulated income, or other funds | $762,482 | 
| Total liabilities and net assets/fund balances | $4,895,679 |