MLC PREPARATORY ACADEMY INC

EIN: 472849062 501(c)(3) Education

Miami, FL

Total Revenue
$467,999
Total Expenses
$497,936
Total Assets
$453,521
Net Assets
$192,498
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Phone
7862700562
Tax Period
2024-07-01 to 2025-06-30

MLC PREPARATORY ACADEMY INC, founded in 2015, is a small nonprofit in the Education sector that reported $468K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.

Mission

MLC Preparatory Academy is a private school with an academic curriculum that fits the individual needs of each student. Small class with learning potential development. Includes foreign languages, music, athletics, and tutoring services to seek highest levels of education.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $467,999
Investment Income $0
Other Revenue $0
TOTAL REVENUE $467,999

Expense Breakdown

Grants Paid $0
Salaries & Benefits $283,813
Fundraising Expenses $0
Program Expenses $497,936
Other Expenses $214,123
TOTAL EXPENSES $497,936

Year-over-Year Comparison

2024 2023 Change
Revenue $467,999 $732,002 -0.4%
Expenses $497,936 $518,169 0.0%
Net Income $-29,937 $213,833 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
XXX-XX-XXXX RODRIGUEZ PRESIDENT 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $467,999 $497,936 $453,521 $-29,937
2024 $738,999 $518,166 $482,327 $220,833
2024 No data $518,166 $482,327 No data
2023 $80,785 $245,597 $281,654 $-164,812
2022 $451,999 $464,842 $515,873 $-12,843
2021 $400,809 $339,600 $528,716 $61,209
2020 $306,350 $293,373 $264,509 $12,977
2019 $253,728 $277,458 $136,364 $-23,730
2017 $298,508 $321,595 $256,806 $-23,087
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