Doral Academy Inc
90% goes to programs $0 to raise $100 Strong reserves Growing revenue
Doral Academy Inc is a 501(c)(3) organization based in Miami, Florida, registered in 2000, with $82,983,675 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
6340 Sunset Dr, Miami, FL, 33143 EIN 65-0944569 Since 2000
Revenue (FY2024)
$83.0M
▼ 14.0% vs prior year
Education median: $200K
Expenses (FY2024)
$68.4M
Net assets
$112.7M
Employees
539
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating90% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Doral Academy Inc: 90% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Doral Academy Inc: 20 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Doral Academy Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Doral Academy Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The mission of doral academy inc focuses on continually developing a high quality k-12 educational learning environment where a community of stakeholders are dedicated to promoting an exceptional educational experience with an obligation to ensure that our students engage in rigorous learning opportunities that will help them strive for academic achievement and a desire to be lifelong learners and successful leaders in their professional careers.
Contact & location
- Address
- 6340 Sunset Dr, Miami, FL, 33143
- City
- Miami
- State
- Florida
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $35.8M (FY2015) to $83.0M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $96.8MNet assets $112.7M
Operating margin
17.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$209.5M
Total liabilities
$96.8M
Net assets
$112.7M
Salaries & benefits
$35.2M
51% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $82,983,675▼14.0% | $68,369,304▲8.1% | $112,691,490▲14.9% | $209,532,643▲6.0% | 990 |
| 2023 | $96,532,961▲49.8% | $63,241,199▲13.9% | $98,077,119▲51.4% | $197,586,966▲19.0% | 990 |
| 2022 | $64,436,877▲14.5% | $55,517,733▲11.9% | $64,785,357▲16.0% | $166,053,080▲20.2% | 990 |
| 2021 | $56,280,989▲13.3% | $49,613,919▲14.0% | $55,866,151▲13.6% | $138,191,156▲76.7% | 990 |
| 2020 | $49,667,670▲12.6% | $43,508,279▲3.9% | $49,199,081▲15.7% | $78,216,564▲8.8% | 990 |
| 2019 | $44,104,759▲1.7% | $41,875,340▲13.8% | $42,521,591▲5.5% | $71,877,675▲7.2% | 990 |
| 2018 | $43,362,656▲13.3% | $36,790,299▲6.5% | $40,292,172▲19.5% | $67,032,972▲8.9% | 990 |
| 2017 | $38,274,332▲4.6% | $34,560,007▲4.1% | $33,719,815▲12.4% | $61,579,782▲72.6% | 990 |
| 2016 | $36,601,844▲2.2% | $33,187,968▲1.8% | $30,005,490▲12.8% | $35,687,262▲9.9% | 990 |
| 2015 | $35,813,140 | $32,609,749 | $26,591,614 | $32,471,756 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Carlos A Ferralls — $251,882 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Carlos A Ferralls | Vice President/ Vice Principal | 40 | $251,882 |
| Eleonora Cuesta | President/principal | 40 | $204,402 |
| Yvette Tamargo | Assistant Principal | 40 | $182,541 |
| Jorge Nunez | Assistant Principal | 40 | $166,326 |
| Marianella Mesa | Assistant Principal | 40 | $153,055 |
| Olga Dominguez | Administrative Staff | 40 | $149,085 |
| Elizabeth Simon | Assistant Principal | 40 | $146,710 |
| Aileen Marty | Director | 2 | — |
| Angela Ramos Resigned 082024 | Director, Chair | 2 | — |
| Kim Guilarte | Director | 2 | — |
| Miranda Murillo | Director, Student Alumni Representative | 2 | — |
| Rene Rovirosa | Director, Secretary, Treasurer, Chairman | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Adp Total Source | Employee Leasing | $44,632,738 |
| Academica Dade LLC | Educational Support Services | $3,028,290 |
| School Development LLC | Facility Leasing | $2,246,724 |
| School Development II LLC | Facility Leasing | $1,979,799 |
| Carlos Albizu University | Facility Leasing | $1,653,150 |
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Frequently asked questions
- Is Doral Academy Inc a legitimate nonprofit?
- Yes. Doral Academy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0944569, based in Miami, Florida. Donations are tax-deductible.
- What is Doral Academy Inc's EIN?
- Doral Academy Inc's Employer Identification Number (EIN) is 65-0944569.
- How much revenue does Doral Academy Inc report?
- Doral Academy Inc reported $82,983,675 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Doral Academy Inc's spending goes to programs?
- Doral Academy Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Doral Academy Inc have?
- CharityIndex grades Doral Academy Inc A, based on program efficiency and fundraising cost.
- How much does Doral Academy Inc's highest-paid employee make?
- The highest reported compensation on Doral Academy Inc's latest Form 990 is $251,882, paid to Carlos A Ferralls (Vice President/ Vice Principal).
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Data for Doral Academy Inc (EIN 65-0944569) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.