Treasures Of Life Academy Inc is located in Winter Haven, FL. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Treasures Of Life Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Treasures Of Life Academy Inc generated $128.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $124.9k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED EDUCATIONAL SERVICES FOR 21 SPECIAL NEEDS CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Toney President | 10 | $0 | |
Kim Toney Vice President | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $713 |
Total Program Service Revenue | $127,534 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $610 |
Other Revenue | $0 |
Total Revenue | $128,857 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $47,655 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $42,701 |
Printing, publications, postage, and shipping | $80 |
Other expenses | $34,509 |
Total expenses | $124,945 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,223 |
Other assets | $0 |
Total assets | $119,431 |
Total liabilities | $5,742 |
Net assets or fund balances | $113,689 |