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Somerset Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311569428 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Somerset Academy Inc?

Somerset Academy Inc, based in Miami, Florida, is a charter school operator with a strong commitment to education. Established in various district school boards across Miami-Dade, Broward County, Palm Beach County, Duval County, St. Lucie County, and Texas State Board of Education, they serve over 30,500 students annually. Their mission is to deliver equitable, top-tier education and cultivate an environment that encourages maximum student achievement. With a workforce of 3,822 employees, they promote the growth of accountable, 21st-century learners in a secure and stimulating setting. Somerset Academy, Inc. prides itself on operating in multiple districts and aims to provide quality education for all students.


Official website here: www.somersetacademyschools.com

Is Somerset Academy Inc legitimate?

Somerset Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerset Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,465,028

For more financial information, click here


Official website here: www.somersetacademyschools.com

What is the mission statement of Somerset Academy Inc?

Somerset Academy Inc is committed to delivering equitable, top-tier education to all students. As a charter school operator in various district school boards, the organization strives to create an environment that optimizes student achievement and encourages the development of responsible, 21st-century learners. Somerset Academy, Inc. prioritizes student safety and enrichment while fostering a culture that emphasizes accountability and academic growth. Their dedication extends to providing high-quality education in a diverse range of locations.


Official website here: www.somersetacademyschools.com

Who is the CEO of Somerset Academy Inc?

Todd German is the Director,Chairman,Treasurer of Somerset Academy Inc.


Official website here: www.somersetacademyschools.com

What is the revenue of Somerset Academy Inc?

Somerset Academy Inc's revenue in 2022 was $324,310,430.


Official website here: www.somersetacademyschools.com

Who are the executives of Somerset Academy Inc and what are their salaries?

The average compensation at Somerset Academy Inc during 2022 was $36,228. There are 3,822 employees and 6,852 volunteers at Somerset Academy Inc.

Here are 21 key members and their salaries:

    Bernardo Montero (President)
  • Compensation: $227,380
  • Related: $0
  • Other: $0

    • Cecilia Guilarte (Employee)
  • Compensation: $152,402
  • Related: $0
  • Other: $0

    • Clint Duvo (Employee)
  • Compensation: $144,331
  • Related: $0
  • Other: $0

    • Donyale Mcghee (Employee)
  • Compensation: $143,447
  • Related: $0
  • Other: $0

    • Athena Guillen (Employee)
  • Compensation: $140,767
  • Related: $0
  • Other: $0

    • Dina Miller (Employee)
  • Compensation: $126,210
  • Related: $0
  • Other: $0

    • Anthony Marucci (Employee)
  • Compensation: $123,332
  • Related: $0
  • Other: $0

    • Maria Mongeotti Greer (Employee)
  • Compensation: $120,862
  • Related: $0
  • Other: $0

    • George Groezinger (Employee)
  • Compensation: $117,928
  • Related: $0
  • Other: $0

    • Kionnie Maura (Employee)
  • Compensation: $114,878
  • Related: $0
  • Other: $0

    • Christina Bovo-Camus (Employee)
  • Compensation: $111,090
  • Related: $0
  • Other: $0

    • Jessica Mesa (Employee)
  • Compensation: $110,534
  • Related: $0
  • Other: $0

    • Saili Hernandez (Employee)
  • Compensation: $108,313
  • Related: $0
  • Other: $0

    • Layda Cosio (Employee)
  • Compensation: $104,226
  • Related: $0
  • Other: $0

    • Lisa Klein (Employee)
  • Compensation: $101,197
  • Related: $0
  • Other: $0

    • Todd German (Director,Chairman,Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ana Diaz (Director, Secretary, Vicec)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Bernard Kimmel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Matthew Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Concepcion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzette Ruiz (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.somersetacademyschools.com

    Where can I find the form 990 for Somerset Academy Inc?

    The Somerset Academy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.somersetacademyschools.com

    Learn more at the official website: www.somersetacademyschools.com

    Mission Statement of Somerset Academy Inc

    Somerset Academy Inc, a dedicated charter school operator, is committed to delivering equitable, top-tier education to all students. Housed in the district school boards of Miami-Dade, Broward County, Palm Beach County, Duval County, St. Lucie County, and Texas State Board of Education, this organization strives to create an academic culture that prioritizes student achievement and nurtures the development of responsible, 21st-century learners.

    In a safe and stimulating environment, Somerset Academy Inc fosters the growth and progress of its students. The organization's unwavering dedication to education equality ensures that every child receives the resources and support they need to succeed. By promoting a culture that values accountability and academic excellence, Somerset Academy Inc sets the foundation for students to reach their full potential and flourish as responsible citizens in the modern world.

    Through partnerships with various district school boards, Somerset Academy Inc extends its reach and impact, touching the lives of students across multiple counties. The organization's mission remains unchanged, with a steadfast commitment to enhancing educational opportunities and shaping tomorrow's leaders.

    Impact

    This information is meant to be a general summary of Somerset Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Somerset Academy Inc has a significant impact on the education sector, particularly in Miami, Florida, and other counties where it operates. With a focus on providing equitable, high-quality education to all students, Somerset Academy promotes a culture that maximizes student achievement and fosters the development of accountable, 21st-century learners in a safe and enriching environment. The organization's dedication to serving over 30,500 students from pre-kindergarten through twelfth grade reflects its commitment to shaping the future generation with the necessary skills and knowledge to succeed. By operating as a charter school operator in various district school boards, Somerset Academy Inc plays a crucial role in improving educational opportunities and outcomes for children in these communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $69,574
  • Program Service Revenue: $21,367,735
  • Gross Receipts: $324,310,430

    • Assets and Liabilities:
  • Total Assets: $514,166,798
  • Total Liabilities: $409,963,720
  • Net Assets: $104,203,078
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COMMUNITY SERVICES

    Revenue

    $13,825,934

    PROGRAM SVCS: INSTRUCTION SERVICE

    Revenue

    $3,139,787

    PROGRAM SVCS: VIRTUAL FEES

    Revenue

    $1,667,509

    PROGRAM SVCS: LUNCH FEES

    Revenue

    $1,587,801

    PROGRAM SVCS: OPERATION OF PLANT

    Revenue

    $635,597

    Organization Details

    Founding Year

    1997

    Principal Officer

    Todd German

    Main Address

    6340 SUNSET DRIVE, MIAMI, FL, 33143

    NTEE Category

    Code: B29 - Education

    If you are a representative of Somerset Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.