ACADEMY PREP CENTER OF TAMPA INC (EIN 593622978) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

TERRI SCARCELLI EA

Phone

8639408900

Tax Period

2024-06-01 to 2025-05-31

ACADEMY PREP CENTER OF TAMPA INC, founded in 2000, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2024. Expenses of $3.8M left a modest 3% surplus.

Mission

TO INSPIRE AND EMPOWER STUDENTS WHO QUALIFY FOR NEED-BASED SCHOLARSHIPS TO BECOME FUTURE COMMUNITY LEADERS THROUGH A RIGOROUS MIDDLE SCHOOL PROGRAM COUPLED WITH ONGOING GRADUATE SUPPORT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,862,004

Program Service Revenue $1,020,738

Investment Income $6,070

Other Revenue $53,567

TOTAL REVENUE $3,942,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,518,201

Fundraising Expenses $342,672

Program Expenses $3,153,649

Other Expenses $1,299,306

TOTAL EXPENSES $3,817,507

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,942,379	$3,846,458	+0.0%
Expenses	$3,817,507	$3,464,182	+0.1%
Net Income	$124,872	$382,276	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

185

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

$378,769

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH FOWLER	CHAIR	2.00	Officer Director	$0	$0	$0
ALEX SULLIVAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
PAUL SHOUKRY	TREASURER	2.00	Officer Director	$0	$0	$0
GREG IGLEHART	SECRETARY	2.00	Officer Director	$0	$0	$0
EVAN CANNAN	TRUSTEE	2.00	Director	$0	$0	$0
JESSICA COSTELLO	TRUSTEE	2.00	Director	$0	$0	$0
DEVYN FREELAND	TRUSTEE	2.00	Director	$0	$0	$0
WILLIAM HARRELL	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL HYER	TRUSTEE	2.00	Director	$0	$0	$0
ELIZABETH KRYSTYN	TRUSTEE	2.00	Director	$0	$0	$0
KAREN LEVY	TRUSTEE	2.00	Director	$0	$0	$0
DONALD MORRISON	TRUSTEE	2.00	Director	$0	$0	$0
RENEE MURPHY	TRUSTEE	2.00	Director	$0	$0	$0
JAKE NELLIS	TRUSTEE	2.00	Director	$0	$0	$0
DR TRACY PAYNE	TRUSTEE	2.00	Director	$0	$0	$0
CEDRIC POWELL	TRUSTEE	2.00	Director	$0	$0	$0
ARI RAVI	TRUSTEE	2.00	Director	$0	$0	$0
RANIA SHEHATA	TRUSTEE	2.00	Director	$0	$0	$0
MIKE SIERRA	TRUSTEE	2.00	Director	$0	$0	$0
SUSAN TOUCHTON	TRUSTEE	2.00	Director	$0	$0	$0
PAUL WHITING SR	TRUSTEE	2.00	Director	$0	$0	$0
TERRI SCARCELLI	CFO	2.50	Officer	$0	$8,582	$117,433
LINCOLN TAMAYO	HEAD OF SCHOOL	30.00	Officer	$80,593	$21,544	$261,336
ALISON LESCARBEAU	DIRECTOR OF DEVELOPMENT	40.00	Highest	$116,667	$9,734	$126,401

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	$3,942,379	$3,817,507	$10,651,514	$124,872
2024	$3,846,458	$3,464,182	$9,705,830	$382,276
2023	$3,278,205	$3,012,843	$8,208,355	$265,362
2022	$3,246,003	$2,712,608	$7,772,771	$533,395
2021	$2,973,315	$2,589,499	$7,509,759	$383,816
2020	$2,479,571	$2,469,999	$5,668,584	$9,572
2019	$2,427,141	$2,567,576	$4,834,624	$-140,435
2018	$2,622,719	$2,491,073	$4,348,349	$131,646

ACADEMY PREP CENTER OF TAMPA INC