Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-2782447

FLORIDA ACADEMY OF EXCELLENCE

Tax-exempt · NEW PRT RCHY, FL 34656

Financials

$1M$853K2023$287K$476K2024
Revenue Expenses · by fiscal year end
Financials of FLORIDA ACADEMY OF EXCELLENCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$287,206$475,572-$188,366$3,246$0$3,246
December 31, 2023990$1,034,466$853,361$181,105$191,612$0$191,612
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$287,206
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$7,500
Other salaries and wages
$56,847
Salaries, compensation and benefits (total)
$77,961
Professional fundraising fees
$0
Legal fees
$2,000
Occupancy
$12,650
Travel
$16,390
Program services (functional)
$475,572

Balance sheet and other

Total assets, start of year
$191,612
Total assets, end of year
$3,246
Total liabilities, end of year
$0
Net assets, end of year
$3,246
Gross receipts
$287,206
Employees
13
Volunteers
2
Year formed
2015
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Krista S MalloPresident Chief Academic Officer
Trustee or director, Officer
30$7,500
Joseph AllottaExecutive Vice President Chief Experience Officer
Trustee or director, Officer
1$0
Jessica LoweDirector of Accountability
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Krista S MalloPresident Chief Academic Officer
Officer
40$0
Joseph AllottaExecutive Vice President Chief Experience Officer
Officer
10$0
Jessica LoweDirector of Accountability
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 1054, NEW PRT RCHY, FL 34656-1054
In care of
% KRISTA MALLO
Principal officer (990 for 2024)
Krista S Mallo Chief Academic, PO Box 1054, New Port Richey, FL 34656
Signed the 990
Krista S Mallo, Chief Academic Officer
Phone
(727) 859-3912
Return prepared by
School Choice CPA Assoicates LLC

Mission

Our goal at Florida Academy of Excellence (FAE) is to empower families to educate their children. We believe that families are the best decision-makers for their children's education. We use the best practices, curriculum, and mode of teaching and learning to develop a love of learning, a desire to excel, and a determination to succeed in all areas of learning and life.

990 for the year ended December 31, 2024

Program accomplishments

  • Program Service Accomplishment One
    Expenses $475,572 · revenue $287,206

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2782447
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$3,246
Income (IRS master file)
$287,206

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$287,206$475,572$3,246XML
990December 2023$1,034,466$853,361$191,612XML

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 81-2782447).

Questions about FLORIDA ACADEMY OF EXCELLENCE

What is the EIN of FLORIDA ACADEMY OF EXCELLENCE?
The employer identification number (EIN) of FLORIDA ACADEMY OF EXCELLENCE is 81-2782447.
Is FLORIDA ACADEMY OF EXCELLENCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to FLORIDA ACADEMY OF EXCELLENCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FLORIDA ACADEMY OF EXCELLENCE 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 FLORIDA ACADEMY OF EXCELLENCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FLORIDA ACADEMY OF EXCELLENCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FLORIDA ACADEMY OF EXCELLENCE?
The 990 for the year ended December 31, 2024 names Krista S Mallo Chief Academic.
Who are the officers and directors of FLORIDA ACADEMY OF EXCELLENCE?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $7,500 (Krista S Mallo, President Chief Academic Officer).
How much revenue does FLORIDA ACADEMY OF EXCELLENCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $287,206, expenses of $475,572 and total assets of $3,246 at year end.

Other nonprofits in NEW PRT RCHY

All nonprofits in NEW PRT RCHY · Florida · Education