Mater Academy Central Inc
88% goes to programs $0 to raise $100 Growing revenue
Mater Academy Central Inc is a 501(c)(3) organization based in Kissimmee, Florida, registered in 2016, with $65,697,134 in FY2024 revenue. CharityIndex grades it B, and it directs about 88% of spending to programs.
3200 Pleasant Hill Rd, Kissimmee, FL, 34746 EIN 46-5537120 Since 2016
Revenue (FY2024)
$65.7M
▲ 15.1% vs prior year
Education median: $200K
Expenses (FY2024)
$63.7M
Net assets
$7.3M
Employees
567
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating88% 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 Mater Academy Central Inc: 88% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +3% 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 Mater Academy Central Inc: 1 mo reserves · +3% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Mater Academy Central Inc: 6 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 Mater Academy Central Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The vision of mater academy central inc. is to provide the best educational choice to fulfill the desire for knowledge through an innovative and rigorous college preparatory curriculum. to achieve this, mater academy central inc. will develop a community of engaged, well-rounded critical thinkers, enrich every student with a sense of purpose to impact the world in a positive manner, and encourage students to be self-reflective and confident.
Contact & location
- Address
- 3200 Pleasant Hill Rd, Kissimmee, FL, 34746
- City
- Kissimmee
- State
- Florida
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $4.5M (FY2015) to $65.7M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $95.2MNet assets $7.3M
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$102.5M
Total liabilities
$95.2M
Net assets
$7.3M
Salaries & benefits
$31.6M
50% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,697,134▲15.1% | $63,663,822▲16.7% | $7,266,247▲38.9% | $102,490,894▲7.7% | 990 |
| 2023 | $57,094,482▲20.4% | $54,560,878▲23.0% | $5,232,935▲93.9% | $95,165,040▲7.5% | 990 |
| 2022 | $47,428,221▲75.4% | $44,348,475▲61.1% | $2,699,331▲810% | $88,487,837▲56.3% | 990 |
| 2021 | $27,041,064▲32.0% | $27,529,659▲39.3% | -$380,415▼452% | $56,599,415▲672% | 990 |
| 2020 | $20,492,337▲21.2% | $19,760,302▲17.8% | $108,181▲117% | $7,335,556▲80.1% | 990 |
| 2019 | $16,901,784▲20.1% | $16,771,405▲14.6% | -$625,685▲17.2% | $4,072,189▼6.2% | 990 |
| 2018 | $14,075,162▲81.6% | $14,640,534▲91.3% | -$756,064▼349% | $4,339,138▲150% | 990 |
| 2017 | $7,751,962▲73.5% | $7,653,273▲74.3% | $303,346▲289% | $1,738,928▲6.4% | 990 |
| 2015 | $4,468,347 | $4,390,373 | $77,974 | $1,634,383 | 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: Carmen Cangemi — $190,914 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Carmen Cangemi | Principal | 40 | $190,914 |
| Monica Cueto | Principal | 40 | $132,505 |
| Erika Sanchez | Principal | 40 | $111,568 |
| Alexandra Castillo | Principal | 40 | $108,863 |
| Christian Crousillat | Chairman, Director | 2 | — |
| Idalia Suarez | Secretary, Director | 2 | — |
| Kim Gularte | Coo | 2 | — |
| Maria Beatriz Nunez | Director | 2 | — |
| Maurene Sotero Balmaseda | Student Alumna, Director | 2 | — |
| Roberto Blanch | President | 2 | — |
| Shannie Sadesky | Vice Chair, Director | 2 | — |
| Yasmeen Khan | Director | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Adp Totalsource | Employee Leasing | $33,349,845 |
| Academica Broward LLC | Educational Support Provider | $2,857,124 |
| Mater Academy Foundation Inc | Rental Facilities | $2,690,351 |
| School Development Davenport LLC | Rental Facilities | $2,214,668 |
| School Development Torrey Pines LLC | Rental Facilities | $1,849,574 |
Grants received · $9.6M total
11 grants to Mater Academy Central Inc totaling $9.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mater Academy Inc | To support education. | 2024 | $2,550,000 |
| Project Lead the Way Inc | Program expansion | 2024 | $20,000 |
| Mater Academy Inc | To support education. | 2023 | $2,185,000 |
| Mater Academy Foundation Inc | To support education | 2023 | $6,863 |
| Mater Academy Inc | To support education. | 2022 | $995,000 |
| Mater Academy Inc | To support education. | 2021 | $1,290,000 |
| Project Lead the Way Inc | Program implementation | 2021 | $7,500 |
| Mater Academy Inc | To support education. | 2020 | $690,000 |
| Mater Academy Inc | To support education. | 2019 | $220,000 |
| Mater Academy Inc | To support education. | 2018 | $980,000 |
| Mater Academy Inc | To provide financial support to mater brighton lakes academy, inc. | 2015 | $650,000 |
Grants made · $11K in FY2024
1 grant totaling $11K in FY2024. All grants made by Mater Academy Central Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mater Academy Foundation Inc | To support education | $11,148 |
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Frequently asked questions
- Is Mater Academy Central Inc a legitimate nonprofit?
- Yes. Mater Academy Central Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-5537120, based in Kissimmee, Florida. Donations are tax-deductible.
- What is Mater Academy Central Inc's EIN?
- Mater Academy Central Inc's Employer Identification Number (EIN) is 46-5537120.
- How much revenue does Mater Academy Central Inc report?
- Mater Academy Central Inc reported $65,697,134 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mater Academy Central Inc's spending goes to programs?
- Mater Academy Central Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mater Academy Central Inc have?
- CharityIndex grades Mater Academy Central Inc B, based on program efficiency and fundraising cost.
- How much does Mater Academy Central Inc's highest-paid employee make?
- The highest reported compensation on Mater Academy Central Inc's latest Form 990 is $190,914, paid to Carmen Cangemi (Principal).
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Data for Mater Academy Central Inc (EIN 46-5537120) 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.