Nlt Academy Inc
- Assets
- $255.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 36
- Location
- Seffner, FL
- Founding
- 04/2017
- Data as of
- 06/2024
- EIN
- 81-4335753
Organization Overview
Nlt Academy Inc is located in Seffner, FL. The organization was established in 2017. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2024, Nlt Academy Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nlt 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 06/2024, Nlt Academy Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.1m during the year ending 06/2024. While expenses have increased by 7.7% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
NLT ACADEMY, INC. IS A FULLY-ACCREDITED INSTITUTION THAT FOSTERS ACADEMIC EXCELLENCE AND HIGH ACHIEVEMENT, EDUCATING IN A CHRIST-CENTERED ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF A FULLY ACCREDITED ACADEMY FOR GRADES K THROUGH 10.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Davy President | OfficerTrustee | 0 | $0 |
Rashidi Collins Vice President | OfficerTrustee | 0 | $0 |
Natalie Davy Director | Trustee | 0 | $0 |
Anne Pierre Secretary | OfficerTrustee | 0 | $0 |
Tracy Croteau Director | Trustee | 0 | $0 |
Anthony Ballestero Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,728 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,728 |
| Total Program Service Revenue | $1,097,529 |
| Investment income | $874 |
| 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 | $1,115,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $150 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $648,650 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,348 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,832 |
| Advertising and promotion | $0 |
| Office expenses | $6,449 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,072 |
| Travel | $533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,009 |
| Insurance | $26,331 |
| All other expenses | $2,746 |
| Total functional expenses | $1,089,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,105 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,519 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $23,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,347 |
| Accounts payable and accrued expenses | $369,795 |
| Grants payable | $0 |
| Deferred revenue | $10,443 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $380,238 |
| Net assets without donor restrictions | -$133,826 |
| Net assets with donor restrictions | $8,935 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,347 |