ACADEMY AT THE LAKES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Patrick Pesch

Phone

8139487600

Tax Period

2024-06-01 to 2025-05-31

ACADEMY AT THE LAKES INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $15.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $13.6M left a modest 9% surplus.

Mission

Academy at the Lakes is a learning community of shared values dedicated to the success of each individual at school in the community and in the world. We celebrate the love of learning and the joy in the journey.

Program Service Accomplishments

Program 1

Expenses: $10,526,270 Revenue: $13,762,760

Academy at the Lakes provided exceptional education for over 500 students from pre-kindergarten through grade 12. The students were able to participate in a variety of interscholastic athletic sports fine arts production and extracurricular activities through clubs and school events. Our summer school and summer camp programs allowed 350 students to continue to learn and collaborate with their peers over the summer months.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $786,890

Program Service Revenue $13,762,760

Investment Income $268,003

Other Revenue $202,706

TOTAL REVENUE $15,020,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,655,570

Fundraising Expenses $369,969

Program Expenses $10,526,270

Other Expenses $3,975,159

TOTAL EXPENSES $13,630,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,020,359	$13,803,823	+0.1%
Expenses	$13,630,729	$11,665,224	+0.2%
Net Income	$1,389,630	$2,138,599	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

148

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

$635,574

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Heller	Head of School	40.00	Officer	$396,745	$20,147	$416,892
Patrick Pesch	Chief Financial Officer	40.00	Officer	$206,452	$12,230	$218,682
Araina Jewell	Lower Division Director	40.00	Highest	$139,019	$13,903	$152,922
Jessica Fugate	Director of Development	40.00	Highest	$118,043	$12,750	$130,793
Kevin McCarthy	Controller	40.00	Highest	$114,511	$12,582	$127,093
John Faith	Chair	2.00	Officer Director	$0	$0	$0
Paul Tuten	Vice Chair	2.00	Officer Director	$0	$0	$0
Skip Miller	Treasuer	1.00	Officer Director	$0	$0	$0
Cynthia Martin	Secretary	1.00	Officer Director	$0	$0	$0
Santosh Govindaraju	Trustee	1.00	Director	$0	$0	$0
Michael Riley	Trustee	1.00	Director	$0	$0	$0
Maggie LaPunzina Wells	Trustee	1.00	Director	$0	$0	$0
Ralph Sevelius	Trustee	1.00	Director	$0	$0	$0
Piers Curry	Trustee	1.00	Director	$0	$0	$0
Roger Joyce	Trsutee	1.00	Director	$0	$0	$0
Keith O'Malley	Trustee	1.00	Director	$0	$0	$0
Brent Smith	Trustee	1.00	Director	$0	$0	$0
Doug Kugley	Trustee	1.00	Director	$0	$0	$0
Tommy Giglio	Trustee	1.00	Director	$0	$0	$0
Kaukeb Malik	Truste	1.00	Director	$0	$0	$0
Roshan Mahtani	Trustee	1.00	Director	$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	$15,020,359	$13,630,729	$20,830,960	$1,389,630
2024	$13,803,823	$11,665,224	$15,466,088	$2,138,599
2023	$10,424,210	$10,179,959	$11,807,448	$244,251
2022	$9,362,708	$9,286,220	$11,582,464	$76,488
2021	$8,834,375	$8,638,396	$10,742,741	$195,979
2019	$8,925,777	$8,174,869	$14,032,873	$750,908
2018	$8,496,383	$8,098,567	$12,962,510	$397,816