Nonprofit · EIN 86-2727351
INSPIRATION ACADEMY OF LAKELAND INC
Tax-exempt · LAKELAND, FL 33805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $135,000 | $133,077 | $1,923 | $1,923 | $1,923 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $135,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $90,000
- Salaries, compensation and benefits (total)
- $96,885
- Professional fundraising fees
- $0
- Program services (functional)
- $133,077
Balance sheet and other
- Total assets, start of year
- $1,923
- Total assets, end of year
- $1,923
- Total liabilities, end of year
- $1,923
- Net assets, end of year
- $0
- Gross receipts
- $135,000
- Employees
- 3
- Year formed
- 1924
- State of legal domicile
- FL
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frances Hadley | Director Trustee or director | 30 | $0 |
| Whitney Hadley | Co Director Highest-paid employee | 30 | $0 |
| Kerreesa Tarver | Member Trustee or director | 5 | $0 |
| Jeanice Morgan | Member Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1020 N KENTUCKY AVE, LAKELAND, FL 33805-4629
- In care of
- % FRANCES HADLEY
- Principal officer (990 for 2024)
- Frances Hadley, Inspiration Academy of Lakeland I, 1020 N Kentucky Avenue, Lakeland, FL 33805
- Signed the 990
- Frances Hadley, Director
- Phone
- (863) 602-4698
Mission
To empower every child to grow with confidence, excel academically and discover their purpose through quality education, character development and preparation for future success.
Program accomplishments
- Have equipped the children to academically succeed through quality education.Expenses $133,077
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 86-2727351
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $1,923
- Income (IRS master file)
- $135,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $135,000 | $133,077 | $1,923 | XML |
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 86-2727351).
Questions about INSPIRATION ACADEMY OF LAKELAND INC
- What is the EIN of INSPIRATION ACADEMY OF LAKELAND INC?
- The employer identification number (EIN) of INSPIRATION ACADEMY OF LAKELAND INC is 86-2727351.
- Is INSPIRATION ACADEMY OF LAKELAND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to INSPIRATION ACADEMY OF LAKELAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSPIRATION ACADEMY 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 INSPIRATION ACADEMY OF LAKELAND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSPIRATION ACADEMY OF LAKELAND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INSPIRATION ACADEMY OF LAKELAND INC?
- The 990 for the year ended December 31, 2024 names Frances Hadley.
- Who are the officers and directors of INSPIRATION ACADEMY OF LAKELAND INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does INSPIRATION ACADEMY OF LAKELAND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $135,000, expenses of $133,077 and total assets of $1,923 at year end.
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