Mlc Preparatory Academy FY2020 filing

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MLC Preparatory Academy is a private school with an academic curriculum that fit the individual needs of each student. Small class with learning potential development. Includes foreign langages, music, athletics and tutoring services to seek highest levels of education.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-2849062) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$62K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $50K a year · 11% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 21% of spending
Pay to officers and key staff is 21% of spending.
Part VII, Section A
4.6 mo
of spending, in cash
4.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$385K
145% of total assets
Liabilities are 145% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$306K
Spent
$293K
To programs
100%
Net assets
−$120K
By yearFY2020–FY2025
Revenue
$306K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$306K
FY2021$401K
FY2022$452K
FY2024$739K
FY2025$468K
Expenses
$293K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$293K
FY2021$340K
FY2022$465K
FY2024$518K
FY2025$498K
Net assets
−$120K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$120K
FY2021−$55K
FY2022−$72K
FY2024$221K
FY2025$192K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $293K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $62K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$62,500Pt VII · Sec A

Rosa Rodriguez’s $92K as President is at the 80th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2022FY2021FY2020
Rosa Rodriguez$32,813$72,000$52,603$62,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mlc Preparatory Academy executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates students with personalized academics, languages, music, athletics, and tutoring.

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1 program · $293K · in their own filed words · FY2020
01

MLC PREPARATORY ACADEMY complies with necessary goals to educate the registered students as per the excempt tax excempt program.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-2849062) · Dispute this line
$293Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$306K
Ln 12
Fees for servicesLn 2g$306K
Money outPt IX
$293K
Ln 25
Programscol B$293K
Owns and owesPt X
−$120K
net assets · Ln 32
Cash and savingsLn 1–2$111K
Total assetsLn 16$265K
LiabilitiesLn 26$385K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$306K
Total revenueLn 12$306K
Assets in detailPt X, end of year
CashLn 1$51K
SavingsLn 2$60K
Cash and savings togetherLn 1–2$111K
Accounts receivableLn 4$146K
Land, buildings, equipmentLn 10c$7K
Total assetsLn 16$265K
LiabilitiesLn 26$385K
Net assetsLn 32−$120K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$14K$111K
Land, buildings, equipmentLn 10c$4K$7K
Total assetsLn 16$136K$265K
LiabilitiesLn 26$269K$385K
Net assetsLn 32−$133K−$120K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$62K$62K
Other salaries and wagesLn 7$57K$57K
Payroll taxesLn 10$6K$6K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$71K$71K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$1K$1K
OccupancyLn 16$32K$32K
TravelLn 17$4K$4K
Conferences, conventions and meetingsLn 19$4K$4K
InterestLn 20$6K$6K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$9K$9K
All other expensesLn 24e$20K$20K
Total functional expensesLn 25$293K$293K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 28, 2026 $468K$498K−$30K$192K 990 PDF
FY2024Filed with the IRS Feb 25, 2025 $739K$518K$221K$221K 990 PDF
FY2023 Not on file
FY2022Filed with the IRS Nov 14, 2023 $452K$465K−$13K−$72K 990 PDF
FY2021Filed with the IRS Jan 10, 2023 $401K$340K$61K−$55K 990 PDF
FY2020 ViewingFiled with the IRS Nov 5, 2021 $306K$293K$13K−$120K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $306,350 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $306,349$306,350
I-10 Investment income$0
I-11 Other revenuePrior year $12$0
I-12 Total revenuePrior year $306,361$306,350
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$125,462
I-16a Professional fundraising fees$0
I-17 Other expenses$167,911
I-18 Total expenses$293,373
I-19 Revenue less expensesPrior year $306,361$12,977
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $306,350 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $306,350$306,350
VIII-12 Total revenueRelated to mission $306,350 · Unrelated business $0 · Excluded from tax $0$306,350
Part IX · Statement of functional expenses $293,373 across 14 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $62,500$62,500
IX-7 Other salaries and wagesPrograms $56,690$56,690
IX-10 Payroll taxesPrograms $6,272$6,272
IX-11c Accounting feesPrograms $10,780$10,780
IX-11g Other fees for servicesPrograms $70,872$70,872
IX-12 Advertising and promotionPrograms $7,120$7,120
IX-13 Office expensesPrograms $1,332$1,332
IX-16 OccupancyPrograms $32,221$32,221
IX-17 TravelPrograms $4,234$4,234
IX-19 Conferences, conventions and meetingsPrograms $4,399$4,399
IX-20 InterestPrograms $5,685$5,685
IX-23 InsurancePrograms $2,914$2,914
IX-24 Other expenses (24a–d)Programs $8,537$8,537
IX-24e All other expensesPrograms $19,817$19,817
IX-25 Total functional expensesPrograms $293,373 · Management $0 · Fundraising $0$293,373
Part X · Balance sheet $264,509 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $14,246$51,049
X-2 Savings and temporary cash investments$60,265
X-4 Accounts receivableStart of year $118,434$146,213
X-10c Land, buildings and equipment, netStart of year $3,580$6,982
X-16 Total assetsStart of year $136,260$264,509
X-17 Accounts payable and accrued expensesStart of year $18,387$24,072
X-24 Unsecured notes and loans payableStart of year $238,629$360,529
X-26 Total liabilitiesStart of year $269,340$384,601
X-31 Retained earnings or endowmentStart of year −$133,080−$120,092
X-32 Total net assets or fund balancesStart of year −$133,080−$120,092
X-33 Total liabilities and net assetsStart of year $136,260$264,509
Part XI · Reconciliation of net assets −$120,092 net assets at year end
XI-1 Total revenue$306,350
XI-2 Total expenses$293,373
XI-3 Revenue less expenses$12,977
XI-4 Net assets at start of year−$133,080
XI-9 Other changes in net assets$11
XI-10 Net assets at end of year−$120,092

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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