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Nonprofit · EIN 92-2766408

INFINITE POTENTIAL LEARNING ACADEMY INC

Tax-exempt · ST PETERSBURG, FL 33705

Financials

$1.2M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of INFINITE POTENTIAL LEARNING ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$1,169,036$1,106,766$62,270$191,845$324,566-$132,721
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$1,169,036
of which government grants
$307,500
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$621,869
Salaries, compensation and benefits (total)
$674,990
Professional fundraising fees
$0
Legal fees
$43,125
Accounting fees
$16,000
Occupancy
$89,596
Program services (functional)
$813,164
Management and general (functional)
$293,602

Balance sheet and other

Total assets, start of year
$129,520
Total assets, end of year
$191,845
Total liabilities, end of year
$324,566
Net assets, end of year
-$132,721
Land, buildings and equipment
$110,260
Gross receipts
$1,169,036
Employees
0
Year formed
2023
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, 2026, highest compensation first.

NameTitleHours / weekCompensation
LOLITA BROWNDIRECTOR
Trustee or director, Officer
–$0
COURTNEY DACRESDIRECTOR
Trustee or director, Officer
–$0
BILAN JOSEPHDIRECTOR
Trustee or director, Officer
–$0
TWANNA MONROEPRESIDENT
Trustee or director, Officer
40$0
TAMMYE MOOREDIRECTOR
Trustee or director, Officer
–$0
ANDREA PEATENDIRECTOR
Trustee or director, Officer
–$0
GWENDOLYN REESECHAIRPERSON
Trustee or director, Officer
–$0
JAMES WEAVERDIRECTOR
Trustee or director, Officer
–$0
WALKER WILLISDIRECTOR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
1900 12TH ST S, ST PETERSBURG, FL 33705-2607
In care of
% TWANNA MONROE
Principal officer (990 for 2025)
TWANNA MONROE, 1900 12TH STREET SOUTH, STPETERSBURG, FL 33705
Signed the 990
TWANNA MONROE, PRESIDENT
Phone
(727) 954-4934
Return prepared by
WALTERS & ASSOCIATES CPAS

Mission

OPERATION OF GRANT PART ACADEMY THAT PROVIDES A FULL CURRICULUM AND SERVICES FOR PRE K TO 5TH GRADE

990 for the year ended June 30, 2026

Program accomplishments

  • EDUCATION OF K-5TH IN THE UNDERSERVED POPULATION TO BRIDGE THE ACHIEVEMENT GAP AMONG STRUGGLING STUDENTS.
  • EDUCATION OF K-5TH IN THE UNDERSERVED POPULATION TO BRIDGE THE ACHIEVEMENT GAP AMONG STRUGGLING STUDENTS.
    Expenses $813,164

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, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
92-2766408
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$191,845
Income (IRS master file)
$1,169,036

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026–––IRS
990June 2025–––IRS
990June 2024–––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 INFINITE POTENTIAL LEARNING ACADEMY INC

What is the EIN of INFINITE POTENTIAL LEARNING ACADEMY INC?
The employer identification number (EIN) of INFINITE POTENTIAL LEARNING ACADEMY INC is 92-2766408.
Is INFINITE POTENTIAL LEARNING ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to INFINITE POTENTIAL LEARNING ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INFINITE POTENTIAL LEARNING 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 INFINITE POTENTIAL LEARNING 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 INFINITE POTENTIAL LEARNING ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of INFINITE POTENTIAL LEARNING ACADEMY INC?
The 990 for the year ended June 30, 2026 names TWANNA MONROE.
Who are the officers and directors of INFINITE POTENTIAL LEARNING ACADEMY INC?
The 990 for the year ended June 30, 2026 lists 9 people; 0 received compensation from the organization.
How much revenue does INFINITE POTENTIAL LEARNING ACADEMY INC have?
On its 990 for the year ended June 30, 2026 it reported revenue of $1,169,036, expenses of $1,106,766 and total assets of $191,845 at year end.

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