Nonprofit · EIN 46-2687759
PREPARATORY ACADEMY INC
Tax-exempt · LUTZ, FL 33549
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-EZ | $28,508 | $39,685 | -$11,177 | $7,491 | $17,144 | -$9,653 |
| June 30, 2025 | 990-EZ | $88,659 | $72,023 | $16,636 | $21,259 | $19,735 | $1,524 |
| June 30, 2024 | 990-EZ | $80,524 | $80,511 | $13 | $13,493 | $28,605 | -$15,112 |
Financial details: 990-EZ for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $3,000
- Program service revenue
- $25,405
- Investment income
- $38
- Other revenue
- $65
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $24,000
- Salaries, compensation and benefits (total)
- $24,000
- Professional fees and payments to contractors
- $1,680
- Occupancy
- $2,118
- Printing, publications and postage
- $13
- Other expenses
- $11,874
- Program services (functional)
- $4,298
Balance sheet and other
- Total assets, start of year
- $21,259
- Total assets, end of year
- $7,491
- Total liabilities, end of year
- $17,144
- Net assets, end of year
- -$9,653
- Cash, savings and investments
- $7,491
- Gross receipts
- $28,508
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-EZ for the year ended June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn Lang | Director; President & Treasurer | 20 | $24,000 |
| Christy Bebeau | Director; Secretary & Program Administrator | 1 | $0 |
| Katherine George | Director | 1 | $0 |
990-EZ for the year ended June 30, 2025: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Carolyn Lang | Director; President & Treasurer | 20 | $24,000 | $2,704 |
| Christy Bebeau | Director; Secretary & Program Administrator | 1 | $0 | $0 |
| Katherine George | Director | 1 | $0 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Carolyn Lang | Director; President & Treasurer | 20 | $24,000 | $16,890 |
| Christy Bebeau | Director; Secretary & Program Administrator | 1 | $0 | $0 |
| Katherine George | Director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 17001 MELBA LN, LUTZ, FL 33549-5618
- Signed the 990-EZ
- Carolyn Lang, President & Treasurer
- Phone
- (813) 563-0907
Mission
A K-12 school that meets the needs of all students from the academically challenged to students seeking truly rigorous college-preparatory courses by taking advantage of school choice options.
Program accomplishments
- Preparatory Academy provided seven (7) STEM camps to students from 3rd to 12th grade.Expenses $4,298
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-2687759
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $7,491
- Income (IRS master file)
- $28,508
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2026 | $28,508 | $39,685 | $7,491 | XML |
| 990-EZ | June 2025 | $88,659 | $72,023 | $21,259 | XML |
| 990-EZ | June 2024 | $80,524 | $80,511 | $13,493 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 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 PREPARATORY ACADEMY INC
- What is the EIN of PREPARATORY ACADEMY INC?
- The employer identification number (EIN) of PREPARATORY ACADEMY INC is 46-2687759.
- Is PREPARATORY ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PREPARATORY ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PREPARATORY ACADEMY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PREPARATORY ACADEMY INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PREPARATORY ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2026.
- Who are the officers and directors of PREPARATORY ACADEMY INC?
- The 990-EZ for the year ended June 30, 2026 lists 3 people; 1 received compensation from the organization, the highest $24,000 (Carolyn Lang, Director; President & Treasurer).
- How much revenue does PREPARATORY ACADEMY INC have?
- On its 990-EZ for the year ended June 30, 2026 it reported revenue of $28,508, expenses of $39,685 and total assets of $7,491 at year end.
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