ACADEMY AT THE LAKES INC

EIN: 593592809 501(c)(3) Education

Land O Lakes, FL

Total Revenue
$15,020,359
Total Expenses
$13,630,729
Total Assets
$20,830,960
Net Assets
$8,324,815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
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. Inc. is an independent school serving students from pre-kindergarten through grade 12.

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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 $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
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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
16
Independent Members
16
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
6
$635,574
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
3
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
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