Nonprofit · EIN 45-5409146
VICTORY ACADEMY OCALA INC
Tax-exempt · OCALA, FL 34470
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $876,404 | $868,379 | $8,025 | $484,437 | $7,274 | $477,163 |
| June 30, 2024 | 990 | $833,938 | $782,674 | $51,264 | $474,411 | $4,811 | $469,600 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,540
- Program service revenue
- $795,569
- Investment income
- $12,156
- Net income from fundraising events
- $16,533
- Other revenue
- $64,139
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $523,997
- Salaries, compensation and benefits (total)
- $564,745
- Professional fundraising fees
- $0
- Accounting fees
- $14,677
- Occupancy
- $158,735
- Depreciation
- $8,823
- Program services (functional)
- $787,107
- Management and general (functional)
- $81,272
Balance sheet and other
- Total assets, start of year
- $474,411
- Total assets, end of year
- $484,437
- Total liabilities, end of year
- $7,274
- Net assets, end of year
- $477,163
- Land, buildings and equipment
- $66,785
- Publicly traded securities
- $244,147
- Net assets without donor restrictions
- $477,163
- Gross receipts
- $890,163
- Employees
- 22
- Volunteers
- 12
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAREY V JONES | PRESIDENT Trustee or director, Officer | 30 | $42,456 |
| DIANNE VAN FLEET | SECRETARY TR Trustee or director, Officer | 40 | $34,480 |
| DEAN ASCHLIMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT VAN FLEET | BOARD MEMBER Trustee or director | 2 | $0 |
| MATTHEW OVERFELT | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| PAT STANLEY | BOARD MEMBER Trustee or director | 10 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAREY V JONES | TREASURER SE Trustee or director, Officer | 30 | $42,414 |
| DIANNE VAN FLEET | PRESIDENT Trustee or director, Officer | 40 | $38,024 |
| MATTHEW OVERFELT | VICE PRESIDE Trustee or director, Officer | 2 | $5,940 |
| DEAN ASCHLIMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT VAN FLEET | BOARD MEMBER Trustee or director | 2 | $0 |
| PAT STANLEY | BOARD MEMBER Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 328 NE 1ST AVE STE 100, OCALA, FL 34470-6616
- Mailing address (990-N for 2012)
- 5124 NE 7TH PLACE, OCALA FL 34470
- Principal officer (990 for 2024)
- CAREY V JONES, 734 SE 3RD ST, OCALA, FL 34471
- Principal officer (990-N for 2012)
- CAREY JONES, PRESIDENT, 5124 NE 7TH PLACE, OCALA FL 34470
- Signed the 990
- DIANNE VAN FLEET, SECRETARY TREASURER
- Phone
- (352) 622-4410
- Website
- WWW.VICTORYACADEMYOCALA.COM
- Return prepared by
- COLLIER JERNIGAN EASTMAN & ZUBLICK PA
Mission
VICTORY ACADEMY IS A CLASSICAL CHRISTIAN COLLEGE PREPARATORY SCHOOL DEDICATED TO NURTURING AND CHALLENGING THE WHOLE PERSON - BODY, MIND AND SPIRIT TO THE GLORY OF GOD.
Program accomplishments
- VICTORY ACADEMY MAINTAINED PRE K THROUGH 8TH GRADE CLASSES TO PROVIDE A CHRIST CENTERED EDUCATION FOR STUDENTSExpenses $787,107 · revenue $795,569
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-5409146
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $484,437
- Income (IRS master file)
- $890,163
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $876,404 | $868,379 | $484,437 | XML |
| 990 | June 2024 | $833,938 | $782,674 | $474,411 | XML |
| 990 | July 2022 | $518,898 | $596,731 | $408,109 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: CAREY JONES | July 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 45-5409146).
Questions about VICTORY ACADEMY OCALA INC
- What is the EIN of VICTORY ACADEMY OCALA INC?
- The employer identification number (EIN) of VICTORY ACADEMY OCALA INC is 45-5409146.
- Is VICTORY ACADEMY OCALA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to VICTORY ACADEMY OCALA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VICTORY ACADEMY OCALA 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 VICTORY ACADEMY OCALA 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 VICTORY ACADEMY OCALA 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 VICTORY ACADEMY OCALA INC?
- The 990 for the year ended June 30, 2025 names CAREY V JONES.
- Who are the officers and directors of VICTORY ACADEMY OCALA INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $42,456 (CAREY V JONES, PRESIDENT).
- How much revenue does VICTORY ACADEMY OCALA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $876,404, expenses of $868,379 and total assets of $484,437 at year end.
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