Lyman Ward Military Academy The Southern Industrial Institute

Organization Overview

Lyman Ward Military Academy The Southern Industrial Institute, operating under the name Southern Preparatory Academy, is located in Camp Hill, AL. The organization was established in 1949. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Southern Preparatory Academy employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Preparatory Academy 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 06/2022, Southern Preparatory Academy generated $3.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A MILITARY BASED EDUCATION FOR STUDENTS IN GRADES SIX THROUGH TWELVE

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE A MILITARY BASED EDUCATION FOR STUDENTS IN GRADES SIX THROUGH TWELVE.


TO PROVIDE A MILITARY BASED EDUCATION FOR STUDENTS IN GRADES SIX THROUGH TWELVE.


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Board, Officers & Key Employees

Name (title)Compensation
Jill Bonatz
Vice Chairpe
$0
Mario Camara
Trustee
$0
Jeremy Farber
Chairman
$0
Harold Grant
Trustee
$0
Ursula Jenrette
Trustee
$0
Jim Locke
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $459,796
All other contributions, gifts, grants, and similar amounts not included above$216,070
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$675,866
Total Program Service Revenue$3,262,477
Investment income $9,708
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,948,051

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