ACADEMY PREP CENTER OF LAKELAND INC

Financials

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

Address and contacts

Address (IRS master file)

1021 LAKELAND HILLS BLVD, LAKELAND, FL 33805-4672

In care of

% JAMES R HUMBOLDT

Principal officer (990 for 2024)

TERRI SCARCELLI EA, 1021 LAKELAND HILLS BOULEVARD, LAKELAND, FL 33805

Signed the 990

TERRI SCARCELLI EA, CFO

Phone

(863) 940-8900

Website

ACADEMYPREP.ORG/LAKELAND

Return prepared by

RIVERO GORDIMER & COMPANY PA

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.

Program accomplishments

• 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 ENGLISH, MATH, HISTORY, AND SCIENCE, ALL STUDENTS ARE REQUIRED TO TAKE CHESS, ART, MUSIC, AND PHYSICAL EDUCATION CLASSES WEEKLY AS IMPORTANT PARTS OF THEIR ACADEMIC SCHEDULE. SEVENTH AND EIGHTH-GRADE STUDENTS ARE ADDITIONALLY REQUIRED TO TAKE SPANISH CLASSES AS PART OF THEIR GRADED ACADEMIC COURSEWORK, GIVING THEM TWO YEARS OF LANGUAGE FAMILIARITY AS THEY HEAD INTO HIGH SCHOOL. OVER 40 ENRICHMENT ACTIVITIES ARE OFFERED TO ACADEMY PREP STUDENTS EVERY AFTERNOON AS PART OF THEIR SCHOOL DAY, INCLUDING GOLF, CHESS, MUSIC, CHOIR, DANCE, GARDENING, DRAMA, YOGA, ROBOTICS, DEBATE, ARCHERY, AND COOKING. ADDITIONALLY, STUDENTS SPEND SATURDAYS ON FIELD TRIPS THAT INCLUDED KAYAKING AND NATURE EXPLORATION, VISITS TO ART, SCIENCE, AND HISTORY MUSEUMS, AND COMMUNITY SERVICE.COMMUNITY PARTNERSHIPS PROVIDE POSITIVE ROLE MODELS IN THE CLASSROOM AND FACILITATE ENRICHMENT ACTIVITIES THAT CONNECT ACADEMY PREP STUDENTS TO THE DYNAMIC AND DIVERSE LAKELAND COMMUNITY. FAMILY INVOLVEMENT IS ALSO AN ESSENTIAL COMPONENT IN STUDENT ACHIEVEMENT - 40 HOURS OF VOLUNTEER SERVICE PER FAMILY IS REQUIRED ANNUALLY.THE ACADEMY PREP MODEL ACHIEVES OUTSTANDING RESULTS. ACADEMY PREP STUDENTS SHOW SIGNIFICANT IMPROVEMENT IN ACADEMIC ABILITY THROUGH THEIR ACADEMY PREP YEARS. MOST ENTER AT OR LESS THAN GRADE LEVEL IN MATH AND READING. BY GRADUATION, 8TH GRADERS ARE SCORING AHEAD OF GRADE LEVEL IN MATH AND READING ON NATIONAL ASSESSMENT TESTS. 2026 WILL BE OUR FIRST HIGH SCHOOL GRADUATING CLASS. DUE TO OUR UNIQUE MODEL OF OFFERING FREE TUITION TO ALL OF OUR STUDENTS, WE DEPEND ALMOST ENTIRELY ON OUR DEVELOPMENT EFFORTS TO COVER OPERATING EXPENSES. OUR ANNUAL FUNDRAISING EVENTS BRING IN APPROXIMATELY $1,200,000 IN REVENUE AND OFFER EXPOSURE FOR OUR ORGANIZATION TO 1,000+ DONORS IS CRITICAL DUE TO OUR ABSENCE OF A PARENT TUITION BASE. THE ROLE OF THE DEVELOPMENT DEPARTMENT EXTENDS FAR BEYOND FUNDRAISING. AT ACADEMY PREP, DEVELOPMENT ENCOMPASSES ALL EVENT PLANNING AND MANAGEMENT, MARKETING AND COMMUNICATIONS, FUNDRAISING CAMPAIGNS THROUGHOUT THE YEAR, AS WELL AS THE CULTIVATION OF MAJOR AND CAPITAL GIFTS, REQUIRING FRONT-END INVESTMENTS TO ACHIEVE LONG-TERM BENEFITS. WE EXPECT TO REALIZE THESE BENEFITS IN FUTURE YEARS.ACADEMY PREP'S GRADUATES ARE THE BEST EXAMPLES OF THE SCHOOL'S SUCCESS IN TRANSFORMING THE LIVES OF YOUNG, ECONOMICALLY DISADVANTAGED STUDENTS. OUR GRADUATES ARE SERVING AS COMMUNITY LEADERS AND WORKING HARD AS THEY STRIVE FOR EXCELLENCE. FOR EXAMPLE, ONE OF OUR ALUMNI FROM THE FIRST GRADUATING CLASS OF 2022 CURRENTLY ATTENDS CHATHAM HALL, AN ALL GIRL'S PRIVATE BOARDING SCHOOL LOCATED IN VIRGINIA, ON A GENEROUS SCHOLARSHIP. FOLLOWING THE UNFORTUNATE PASSING OF HER FATHER IN HER LAST YEAR WITH US AT ACADEMY PREP, SHE DETERMINED A BOARDING SCHOOL ENVIRONMENT WOULD BE THE BEST FIT FOR HER. AS A STUDENT AT CHATHAM, SHE CONTINUED TO THRIVE ACADEMICALLY AND BE INVOLVED IN HER COMMUNITY. EXPECTED TO GRADUATE IN MAY 2026, SHE IS THE FIRST ACADEMY PREP GRADUATE TO BECOME A QUESTBRIDGE FINALIST AND SUCCESSFULLY MATCH WITH A COLLEGE THROUGH THIS HIGHLY COMPETITIVE PROGRAM. NEXT YEAR, SHE WILL BEGIN A FULLY FUNDED FOUR-YEAR JOURNEY AT BARNARD COLLEGE, WHERE SHE PLANS TO MAJOR IN BIOLOGICAL SCIENCES WITH THE GOAL OF PURSUING A CAREER IN PSYCHOLOGY.ANOTHER GREAT EXAMPLE IS AN ACADEMY PREP GRADUATE FROM OUR INAUGURAL CLASS OF 2022 WHO WENT ON TO ATTEND BARTOW HIGH SCHOOL, WHERE SHE ENROLLED IN THE INTERNATIONAL BACCALAUREATE (IB) PROGRAM. THROUGHOUT HER TIME IN THE IB PROGRAM, SHE HAS ALSO FOUND TIME TO PURSUE WEIGHTLIFTING AS AN EXTRACURRICULAR ACTIVITY. SHE HOPES TO ATTEND THE UNIVERSITY OF SOUTH FLORIDA, WHERE SHE PLANS TO MAJOR IN PSYCHOLOGY AND LATER PURSUE A DOCTORATE IN SOCIAL PSYCHOLOGY, AN ASPIRATION SHE DEVELOPED WHILE BEING A STUDENT AT ACADEMY PREP. SHE HOPES TO USE HER PROFESSIONAL BACKGROUND TO HELP RESTORE FAMILIES AND SUPPORT THEM IN REACHING THEIR FULL POTENTIAL.ANOTHER NOTABLE EXAMPLE FROM THE CLASS OF 2022 IS A GRADUATE WHO WENT ON TO ATTEND WOODBERRY FOREST, A PRIVATE BOARDING SCHOOL LOCATED IN VIRGINIA. IN SPITE OF THE RIGOROUS ACADEMIC SCHEDULE, THIS STUDENT FOUND TIME TO BE INVOLVED IN THEATRE, BECAME THE PRINCIPAL FIRST CHAIR VIOLIST IN THE STRING ENSEMBLE, AND WON THE WRITER'S EYE AWARD, A COMPETITION HOSTED BY THE FRANKLIN MUSEUM OF ART AT THE UNIVERSITY OF VIRGINIA. HE ALSO EARNED A NATIONAL LATIN EXAM AWARD.ANOTHER ONE OF OUR GRADUATES WHO IS A LIVING EXAMPLE OF OUR MISSION AT ACADEMY PREP IS A MEMBER OF THE CLASS OF 2023. DURING HIS FINAL YEAR WITH US, HE EXPERIENCED THE UNFORTUNATE PASSING OF HIS MOTHER. HIGHLY DISCIPLINED AND MOTIVATED, HE DETERMINED THAT ATTENDING BOARDING SCHOOL WOULD BE THE BEST ACADEMIC FIT FOR HIM. HE WENT ON TO ATTEND NEW HAMPTON SCHOOL, A BOARDING SCHOOL IN NEW HAMPSHIRE, ON A VERY GENEROUS SCHOLARSHIP. DURING HIS TIME AT NEW HAMPTON, HE SERVED TWICE AS A PROCTOR(RESIDENT ASSISTANT), HAS HELD VARIOUS LEADERSHIP ROLES, AND WAS NOMINATED FOR AND SERVED AS CLASS PRESIDENT. IN THE FUTURE, HE HOPES TO PURSUE A CAREER IN BUSINESS OR SPORTS MEDICINE WHILE CONTINUING TO GIVE BACK TO HIS COMMUNITY. MOST IMPORTANTLY, HE ASPIRES TO BECOME THE FIRST GENERATION COLLEGE GRADUATE IN HIS FAMILY. HE ATTRIBUTES HIS DISCIPLINE AND BALANCE AS A STUDENT-ATHLETE TO STRONG FOUNDATION HE RECEIVED AT ACADEMY PREP.
  Expenses $2,656,898 · revenue $1,018,009
• 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 STAFF CONTINUES TO MONITOR STUDENT'S PROGRESS THROUGH HIGH SCHOOL, AND SERVES AS A SUPPLEMENTAL SUPPORT SYSTEM AS THEY NAVIGATE THEIR COLLEGE APPLICATIONS AND ENROLLMENT AND, ENSURING SUCCESSFUL TRANSITIONS AND LONG TERM OUTCOMES. GRADUATE SUPPORT ALSO PROVIDES THE ACADEMY PREP 8TH GRADE CLASS WITH SUPPLEMENTAL EDUCATION AND TRAINING AND A WEEKLY CLASS, WHICH TEACHES STUDENTS LIFE LESSONS, LIKE INTERVIEWING SKILLS, DINING AND DRESSING ETIQUETTE, TIME MANAGEMENT, AND LEADERSHIP.GRADUATE SUPPORT SERVES ACADEMY PREP GRADUATES IN HIGH SCHOOL BY CLOSELY MONITORING THEIR ACADEMIC PROGRESS AND HELPING TO ADDRESS ANY CHALLENGES IN THEIR ACADEMIC OR PERSONAL LIVES TO ENSURE THAT STUDENTS GRADUATE HIGH SCHOOL AND MATRICULATE INTO COLLEGE. GRADUATE SUPPORT ACTIVITIES INCLUDE STAFF VISITS TO ACADEMY PREP GRADUATES OF HIGH SCHOOL AGE EACH YEAR, INCLUDING STUDENTS ENROLLED IN BOARDING SCHOOLS, ALLOWING ACADEMY PREP STAFF TO MONITOR STUDENT PROGRESS, SERVE AS MENTORS, AND SUPPORT STUDENTS IN THEIR EXTRA-CURRICULAR ENDEAVORS BY ATTENDING SPORTING EVENTS, HONOR SOCIETY INDUCTIONS, AND AWARD AND GRADUATION CEREMONIES.THE ACADEMY PREP GRADUATE SUPPORT PROGRAM OFFERS OTHER SERVICES TO OUR HIGH SCHOOL STUDENTS, SUCH AS FINANCIAL LITERACY SEMINARS, FAFSA/FINANCIAL AID SEMINARS, VOLUNTEER SERVICE OPPORTUNITIES, COLLEGE APPLICATION ASSISTANCE, COLLEGE TOURS, AND RESUME WORKSHOPS. THIS YEAR, THE SUPPORT HAS CONTINUED WITH STAFF HELPING GUIDE THE FIRST GRADUATING CLASS NAVIGATE THE COLLEGE APPLICATION PROCESS, INCLUDING BUT NOT LIMITED TO THE REGISTRATION AND FINANCIAL AID.THROUGHOUT THE CONTINUUM OF SUPPORT, GRADUATE SUPPORT IS CAPABLE OF LENDING STUDENTS FINANCIAL ASSISTANCE WHEN NEEDS AND BARRIERS ARISE. THE GRADUATE SUPPORT PROGRAM HELPS COVER ANCILLARY EDUCATIONAL EXPENSES, INCLUDING TECHNOLOGY, TRAVEL, UNIFORMS, TESTING FEES, AND PROFESSIONAL ATTIRE FOR INTERVIEWS, ENSURING THAT FINANCIAL CHALLENGES DO NOT IMPEDE STUDENTS' ACADEMIC AND CAREER SUCCESS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

IRS record

EIN

82-4257263

Tax-exempt status

501(c)(3): Charitable, religious, educational or scientific organization

Foundation status

School

Donations deductible (Pub 78)

Public charity, 50% deduction limit

Exempt since

2018

Accounting year ends

May

Files

Form 990 or 990-EZ

Category (NTEE)

Education (B25)

Assets (IRS master file)

$507,025

Income (IRS master file)

$2,997,738

Filing history

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4257263).

Questions about ACADEMY PREP CENTER OF LAKELAND INC

What is the EIN of ACADEMY PREP CENTER OF LAKELAND INC?

The employer identification number (EIN) of ACADEMY PREP CENTER OF LAKELAND INC is 82-4257263.

Is ACADEMY PREP CENTER OF LAKELAND INC tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.

Are donations to ACADEMY PREP CENTER OF LAKELAND INC tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

Which annual return does ACADEMY PREP CENTER OF LAKELAND INC file?

Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.

When is the next return of ACADEMY PREP CENTER OF LAKELAND INC due?

The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did ACADEMY PREP CENTER OF LAKELAND INC last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended May 2025.

Who is the principal officer of ACADEMY PREP CENTER OF LAKELAND INC?

The 990 for the year ended May 31, 2025 names TERRI SCARCELLI EA.

Who are the officers and directors of ACADEMY PREP CENTER OF LAKELAND INC?

The 990 for the year ended May 31, 2025 lists 8 people; 2 received compensation from the organization, the highest $66,957 (LINCOLN TAMAYO, INTERIM HEAD OF SCHOOL).

How much revenue does ACADEMY PREP CENTER OF LAKELAND INC have?

On its 990 for the year ended May 31, 2025 it reported revenue of $2,963,191, expenses of $3,154,918 and total assets of $507,025 at year end.

Other nonprofits in LAKELAND

• FLORIDA SOUTHERN COLLEGE
  EIN 59-0624401 · last filed 990 for 2025
• SOUTHEASTERN UNIVERSITY INC
  EIN 59-0722789 · last filed 990 for 2025
• POLK COUNTY SCHOOL READINESS COALITION INC
  EIN 59-3648316 · last filed 990 for 2025
• THE SCHOOLS OF MCKEEL ACADEMY INC
  EIN 65-0854467 · last filed 990 for 2025
• LAKELAND CHRISTIAN SCHOOL INC
  EIN 59-0730067 · last filed 990 for 2025
• NEW BEGINNINGS HIGH SCHOOL
  EIN 27-5069973 · last filed 990 for 2025
• ACHIEVEMENT ACADEMY INC
  EIN 59-0774205 · last filed 990 for 2025
• ACADEMY PREP FOUNDATION INC
  EIN 59-3377240 · last filed 990 for 2025

All nonprofits in LAKELAND · Florida · Education