Mater Academy Inc
89% goes to programs $0 to raise $100 Strong reserves Growing revenue
Mater Academy Inc is a 501(c)(3) organization based in Miami, Florida, registered in 2000, with $276,295,320 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
6340 Sunset Dr, Miami, FL, 33143 EIN 65-0857507 Since 2000
Revenue (FY2024)
$276.3M
▼ 12.1% vs prior year
Education median: $200K
Expenses (FY2024)
$261.8M
Net assets
$204.9M
Employees
2,093
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% 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 Inc: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +5% 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 Inc: 9 mo reserves · +5% margin earns a A 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 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 Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Mater academy, inc is composed of thirty-one charter schools, educating students from pre-kindergarten through twelfth grade. the schools operate under charters with the district school board of miami-dade county, florida.
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 $93.9M (FY2014) to $276.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $341.3MNet assets $204.9M
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$546.2M
Total liabilities
$341.3M
Net assets
$204.9M
Salaries & benefits
$136.8M
52% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $276,295,320▼12.1% | $261,809,875▲6.7% | $204,918,962▲7.3% | $546,187,704▲2.4% | 990 |
| 2023 | $314,383,862▲38.3% | $245,362,459▲17.8% | $190,964,703▲56.6% | $533,302,812▲17.3% | 990 |
| 2022 | $227,397,649▲39.2% | $208,295,701▲24.4% | $121,943,300▲18.6% | $454,787,781▲23.3% | 990 |
| 2021 | $163,317,337▲5.1% | $167,488,761▲22.9% | $102,841,352▼3.9% | $368,808,248▲183% | 990 |
| 2020 | $155,341,635▲17.5% | $136,257,638▲4.6% | $107,012,776▲23.4% | $130,448,868▲34.2% | 990 |
| 2019 | $132,245,026▲6.0% | $130,294,861▲9.2% | $86,745,382▲2.3% | $97,175,082▲3.6% | 990 |
| 2018 | $124,784,840▲2.3% | $119,283,627▲5.6% | $84,795,217▲7.4% | $93,756,576▲5.9% | 990 |
| 2017 | $122,038,776▲14.1% | $112,940,539▲11.6% | $78,931,227▲13.0% | $88,513,016▲12.4% | 990 |
| 2016 | $106,985,676▲10.1% | $101,189,089▲11.0% | $69,832,990▲9.1% | $78,740,985▲10.2% | 990 |
| 2015 | $97,149,063▲3.5% | $91,138,850▲6.3% | $64,036,403▲10.4% | $71,470,894▲9.7% | 990 |
| 2014 | $93,879,512 | $85,758,635 | $58,026,190 | $65,151,832 | 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: Kim Guilarte — $219,297 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kim Guilarte | Chief Operating Officer | 40 | $219,297 |
| Rene Rovirosa | Principal | 40 | $217,210 |
| Douglas P Rodriguez | Principal | 40 | $215,175 |
| Brenda Cruz | Principal | 40 | $212,402 |
| Victoriano Rodriguez | Principal | 40 | $212,347 |
| Alejandro Tamargo | Principal | 40 | $211,215 |
| Roberto Blanch | President | 40 | $164,490 |
| Christian Crousillat | Director, Chairman | 2 | — |
| Idalia Suarez | Director, Secretary | 2 | — |
| Maria Beatriz | Director | 2 | — |
| Maurene Sotero | Director, Student Alumni Rep. | 2 | — |
| Shannie Sadesky | Director, Vice Chair | 2 | — |
| Yasmeen Hasan | Director | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Adp | Employee Leasing | $146,144,200 |
| Mater Academy Foundation Inc | Rental Facilities | $14,263,383 |
| Academica Dade LLC | Educational Service Provider | $10,511,248 |
| Cheney Brothers Inc | Food Service Distributor | $4,205,214 |
| School Development Hg II LLC | Rental Facilities | $4,128,309 |
Grants received · $7.4M total
20 grants to Mater Academy Inc totaling $7.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Digital Promise Global | To provide teachers and students in u.s. middle schools with always-available access to technology and empowers them to be content creators, adept problem-solvers, and responsible consumers of digital media and learning resources. | 2024 | $87,021 |
| Mater Academy Foundation Inc | To support education | 2024 | $38,609 |
| Digital Promise Global | To provide teachers and students in u.s. middle schools with always-available access to technology and empowers them to be content creators, adept problem-solvers, and responsible consumers of digital media and learning resources. | 2023 | $323,964 |
| Mater Academy Foundation Inc | To support education | 2023 | $35,159 |
| Digital Promise Global | To provide teachers and students in u.s. middle/high schools with always-available access to technology and empowers them to be content creators, adept problem-solvers, and responsible consumers of digital media and learning resources. | 2022 | $937,175 |
| Mater Academy Foundation Inc | To support education | 2022 | $32,000 |
| Digital Promise Global | To provide teachers and students in u.s. middle/high schools with always-available access | 2021 | $2,342,958 |
| Digital Promise Global | To provide teachers and students in u.s. middle/high schools with always-available access | 2021 | $396,500 |
| Project Lead the Way Inc | Program implementation | 2021 | $30,000 |
| Project Lead the Way Inc | Program implementation | 2021 | $7,500 |
| Mater Academy Foundation Inc | To support education | 2021 | $6,695 |
| Digital Promise Global | To provide teachers and students in u.s. middle/high schools with always-available access to technology and empowers them to be content creators, adept problem-solvers, and responsible consumers of digital media and learning resources. | 2020 | $1,429,412 |
| Mater Academy Central Inc | To support education | 2020 | $1,290,000 |
| Mater Academy Foundation Inc | To support education. | 2019 | $67,930 |
| Mater Academy Central Inc | To support education | 2019 | $30,000 |
Grants made · $2.6M in FY2024
2 grants totaling $2.6M in FY2024. All grants made by Mater Academy Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mater Academy Central Inc | To support education. | $2,550,000 |
| Mater Academy Foundation Inc | To support education | $62,720 |
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Frequently asked questions
- Is Mater Academy Inc a legitimate nonprofit?
- Yes. Mater Academy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0857507, based in Miami, Florida. Donations are tax-deductible.
- What is Mater Academy Inc's EIN?
- Mater Academy Inc's Employer Identification Number (EIN) is 65-0857507.
- How much revenue does Mater Academy Inc report?
- Mater Academy Inc reported $276,295,320 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mater Academy Inc's spending goes to programs?
- Mater Academy Inc spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mater Academy Inc have?
- CharityIndex grades Mater Academy Inc A, based on program efficiency and fundraising cost.
- How much does Mater Academy Inc's highest-paid employee make?
- The highest reported compensation on Mater Academy Inc's latest Form 990 is $219,297, paid to Kim Guilarte (Chief Operating Officer).
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Data for Mater Academy Inc (EIN 65-0857507) 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.