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Nonprofit · EIN 45-4185220

BELMONT ACADEMY INC

Tax-exempt · LAKE CITY, FL 32024

Financials

$8.9M$8.2M2024
Revenue Expenses · by fiscal year end
Financials of BELMONT ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,896,842$8,159,676$737,166$14,965,996$11,505,770$3,460,226
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,373,526
of which government grants
$1,322,660
Program service revenue
$7,393,654
Investment income
$102,915
Net income from fundraising events
-$15,378
Other revenue
$26,747

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$267,655
Other salaries and wages
$4,129,630
Salaries, compensation and benefits (total)
$5,224,528
Professional fundraising fees
$0
Legal fees
$14,189
Accounting fees
$26,775
Occupancy
$701,109
Travel
$103,005
Depreciation
$480,516
Program services (functional)
$7,041,066
Management and general (functional)
$1,118,610

Balance sheet and other

Total assets, start of year
$14,599,630
Total assets, end of year
$14,965,996
Total liabilities, end of year
$11,505,770
Net assets, end of year
$3,460,226
Land, buildings and equipment
$11,015,191
Net assets without donor restrictions
$2,834,087
Net assets with donor restrictions
$626,139
Gross receipts
$8,917,440
Employees
114
Volunteers
1,252
Year formed
2012
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RON BARKERPRINCIPAL
Officer
40$123,812$9,997
MICHAEL VINCONCFO
Officer
40$113,206$4,146
CHASE LARSENPRESIDENT/CHAIRMAN
Trustee or director, Officer
2$0$0
WILL MYERSSECRETARY
Trustee or director, Officer
2$0$0
JONNY HANDYTREASURER
Trustee or director, Officer
2$0$0
SHELLIE YOUNGDIRECTOR
Trustee or director
1$0$0
ALEX KIRSCHDIRECTOR
Trustee or director
1$0$0
DR MIGUEL TEPEDINODIRECTOR
Trustee or director
1$0$0
KATIE TYLERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1476 SW WALTER AVE, LAKE CITY, FL 32024-7916
Principal officer (990 for 2024)
MICHAEL D VINSON JR, 1476 SW WALTER AVE, LAKE CITY, FL 320247916
Signed the 990
MICHAEL D VINSON JR, CFO
Phone
(386) 487-0487
Return prepared by
JAMES MOORE & CO PL

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • VPK - 12TH GRADE QUALITY EDUCATION PROGRAM. THE SCHOOL'S ENROLLMENT WAS APPROXIMATELY 800 STUDENTS FOR THE 2024-2025 SCHOOL YEAR.
    Expenses $7,041,066 · revenue $7,393,654

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-4185220
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
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$14,965,996
Income (IRS master file)
$8,917,440

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$7,942,153$7,413,957$14,554,531IRS
990June 2022$7,186,771$6,882,630$14,484,950IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about BELMONT ACADEMY INC

What is the EIN of BELMONT ACADEMY INC?
The employer identification number (EIN) of BELMONT ACADEMY INC is 45-4185220.
Is BELMONT ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BELMONT ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BELMONT ACADEMY 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 BELMONT ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BELMONT ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BELMONT ACADEMY INC?
The 990 for the year ended June 30, 2025 names MICHAEL D VINSON JR.
Who are the officers and directors of BELMONT ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 9 people; 2 received compensation from the organization, the highest $123,812 (RON BARKER, PRINCIPAL).
How much revenue does BELMONT ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,896,842, expenses of $8,159,676 and total assets of $14,965,996 at year end.

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