Mater Academy of Nevada
89% goes to programs $0 to raise $100 Thin reserves Growing revenue
Mater Academy of Nevada is a 501(c)(3) organization based in Las Vegas, Nevada, registered in 2017, with $70,198,363 in FY2023 revenue. CharityIndex grades it C+, and it directs about 89% of spending to programs.
3445 Mountain Vista St, Las Vegas, NV, 89121 EIN 46-5122331 Since 2017
Revenue (FY2023)
$70.2M
▲ 42.7% vs prior year
Education median: $200K
Expenses (FY2023)
$69.1M
Net assets
-$11.5M
Employees
605
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program 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 of Nevada: 89% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +2% 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 of Nevada: 0 mo reserves · +2% margin earns a D on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 of Nevada: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 of Nevada: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Mater academy of nevada is a college prep charter school.
What they do
Special education funding - expenses associated with special education, in addition to the generalized expenses coved by the operating account.
Student generated funds - activities include aftercare, clubs, campus vending machines, concession operated by student and facility valunteert, and other organized school activities.
Contact & location
- Address
- 3445 Mountain Vista St, Las Vegas, NV, 89121
- City
- Las Vegas
- State
- Nevada
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $9.5M (FY2016) to $70.2M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $151.6MNet assets -$11.5M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$140.1M
Total liabilities
$151.6M
Net assets
-$11.5M
Salaries & benefits
$43.2M
62% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $70,198,363▲42.7% | $69,126,280▲21.2% | -$11,461,447▼3.2% | $140,142,701▲23.0% | 990 |
| 2022 | $49,179,199▲10.4% | $57,052,936▲28.2% | -$11,100,758▼244% | $113,980,460▲4.2% | 990 |
| 2021 | $44,562,791▲31.4% | $44,496,097▲25.7% | -$3,227,021▲2.0% | $109,336,244▲117% | 990 |
| 2020 | $33,903,245▲52.0% | $35,398,872▲56.6% | -$3,293,715▼83.2% | $50,289,285▲53.2% | 990 |
| 2019 | $22,303,435▲14.1% | $22,600,433▲4.3% | -$1,798,088▼19.8% | $32,819,367▲10.1% | 990 |
| 2018 | $19,554,755▲19.8% | $21,678,173▲34.0% | -$1,501,090▼341% | $29,797,484▲174% | 990 |
| 2017 | $16,318,578▲71.6% | $16,183,403▲66.7% | $622,328▲27.7% | $10,875,898▲60.0% | 990 |
| 2016 | $9,507,679 | $9,708,043 | $487,151 | $6,798,805 | 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 (FY2023)
Highest-paid: Renee Fairless — $193,915 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Renee Fairless | Lead Principal - Mater Eas | 40 | $193,915 |
| Amy Gronna | Principal - Mater Bonanza | 40 | $151,184 |
| Olivia Carbajal | Principal - Mater Moutain | 40 | $141,988 |
| Dan Triana | Board Vice-chair | 2 | — |
| Lisa Satory | Board Chairman | 2 | — |
| Mary Beth Scow | Board Secretary | 2 | — |
| Patricia Fernandez | Board Member | 2 | — |
| Robert Anderson | Board Treasurer | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Academica of Nevada | Management Services | $2,139,562 |
| Troop LLC | Guest Teacher Services | $345,174 |
| Curriculum Associates | Education Learning Programs | $203,953 |
| Brady Industries LLC | Janitorial Services | $153,825 |
| Rubinbrown LLP | Auditing Services | $109,960 |
Grants received · $2.0M total
12 grants to Mater Academy of Nevada totaling $2.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Project Lead the Way Inc | Program expansion | 2024 | $17,500 |
| 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 | $8,750 |
| 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 | $138,175 |
| Project Lead the Way Inc | Program expansion | 2023 | $30,000 |
| 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. | 2022 | $38,680 |
| Project Lead the Way Inc | Program implementation | 2022 | $22,500 |
| Project Lead the Way Inc | Program implementation | 2022 | $22,500 |
| Digital Promise Global | To provide teachers and students in u.s. middle/high schools with always-available access | 2021 | $744,001 |
| Digital Promise Global | To provide teachers and students in u.s. middle/high schools with always-available access | 2021 | $312,000 |
| Project Lead the Way Inc | Program implementation | 2021 | $10,000 |
| Three Square | — | 2020 | $680,399 |
| Project Lead the Way Inc | Program implementation | 2019 | $10,000 |
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Compare Mater Academy of Nevada
Frequently asked questions
- Is Mater Academy of Nevada a legitimate nonprofit?
- Yes. Mater Academy of Nevada is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-5122331, based in Las Vegas, Nevada. Donations are tax-deductible.
- What is Mater Academy of Nevada's EIN?
- Mater Academy of Nevada's Employer Identification Number (EIN) is 46-5122331.
- How much revenue does Mater Academy of Nevada report?
- Mater Academy of Nevada reported $70,198,363 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mater Academy of Nevada's spending goes to programs?
- Mater Academy of Nevada spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mater Academy of Nevada have?
- CharityIndex grades Mater Academy of Nevada C+, based on program efficiency and fundraising cost.
- How much does Mater Academy of Nevada's highest-paid employee make?
- The highest reported compensation on Mater Academy of Nevada's latest Form 990 is $193,915, paid to Renee Fairless (Lead Principal - Mater Eas).
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Data for Mater Academy of Nevada (EIN 46-5122331) 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.