Life Academy Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Life Academy is a sports and education based youth development organization dedicated to equipping children with essential life skills and cultivating independence, resilience, confidence, and lifelong growth. Through enriching programs, supportive relationships, and a safe, engaging environment, we empower every child to thrive in school, sports, and life.
- Income
- $1.6 million
- Spending
- $1.6 million
- Spent on programs
- 82%
- Reserves
- 0.3 months of spending
- Largest source of income
- fees for its services, 91%
- Employees
- 52
- Volunteers
- 16
- Highest pay
- $123,427, manager
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 69 out of 100. Higher than 42% of charities in its peer group (health care, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.3 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 36% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 29% of charities in its peer group (health care, $1m to $10m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.3 million spent. Life Academy Summer Camp offers a wide range of activities including swimming, tennis, gardening, sewing and more. Campers are encouraged to explore new interests and develop their skills in a safe and nuturing environment. The program is designed to foster independence, teamwork and a love for the outdoors. Each day is filled with exciting adventures that help children grow and learn while making lasting friendships. Each year, Life Academy serves 200 unique students through the Summer Camp program. Life Academy Before and After Care is a one stop shop for busy parents and active kids. Life Academy provides transportation to the 7 acre facility and keeps children active from the time students arrive until pick up (as late as 6:30 pm). Life Academy has extracurricular activities on site to choose from via the add-on programs. Full day services are offered on holidays and days off of school starting at 6:30 am. The program supports the South Hillsborough workforce while providing each student the opportunity to discover and explore their passions. Students are exposed to tennis, swimming, martial arts, social skills, horse riding, gardening, bike riding, canoeing, arts and crafts, basketball, football, wiffleball, rock climbing and more. Each year Life Academy serves 400 unique students through the Before and After Care program. Life Academy Juniors (Ages 3-4) is tailored specifically for 3 & 4 year olds, providing a safe and nuturing environment led by experienced Florida Certified Educators. Our program focuses on developing social skills, literacy, problem-solving, creativity, and motor skills through play and exploration. Juniors learn to respect differences and develop friendships and classroom etiquette. Daily lessons are designed to help children grow into kind humans and strong citizens, emphasizing the importance of life skills learned on the play yard. Our goal is to foster a love for learning and a sense of community in our youngest students. Each year Life Academy serves 75 unique students through the Juniors program.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.