Mater Academy Inc

Organization Overview

Mater Academy Inc is located in Miami, FL. The organization was established in 2000. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Mater Academy Inc employed 1,859 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mater Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mater Academy Inc generated $163.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $167.5m during the year ending 06/2022. While expenses have increased by 9.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MATER ACADEMY, INC IS COMPOSED OF TWENTY-SIX 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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION FOR CHILDREN FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2022, APPROXIMATELY 15,287 STUDENTS WERE ENROLLED.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Adp
Employee Leasing
$65,031,468
Academica Dade Llc
Educational Service Provider
$6,558,731
Mater Academy Foundation Inc
Rental Facilities
$3,639,968
School Development Hg Ii Llc
Rental Facilities
$1,798,633
It Savvy Llc
Computer Services
$3,513,285
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $149,551,417
All other contributions, gifts, grants, and similar amounts not included above$164,065
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$149,715,482
Total Program Service Revenue$12,341,658
Investment income $187,339
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $163,317,337

Grants Awarded

Over the last fiscal year, Mater Academy Inc has awarded $750,000 in support to 2 organizations.

Grant RecipientAmount

MATER BRIGHTON LAKES ACADEMY INC

Org PageRecipient Profile

Kissimmee, FL

PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO MATER BRIGHTON LAKES ACADEMY, INC.

$650,000

SPORTS LEADERSHIP AND MANAGEMENT INC

PURPOSE: TO PROVIDE FINACIAL SUPPORT TO SPORTS LEADERSHIP AND MANAGEMENT, INC.

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Mater Academy Inc has recieved totaling $2,777,014.

Awarding OrganizationAmount
Digital Promise Global

Washington, DC

PURPOSE: TO PROVIDE TEACHERS AND STUDENTS IN U.S. MIDDLE/HIGH SCHOOLS WITH ALWAYS-AVAILABLE ACCESS

$2,342,958
Digital Promise Global

Washington, DC

PURPOSE: TO PROVIDE TEACHERS AND STUDENTS IN U.S. MIDDLE/HIGH SCHOOLS WITH ALWAYS-AVAILABLE ACCESS

$396,500
Project Lead The Way Inc

Indianapolis, IN

PURPOSE: Program Implementation

$30,000
Project Lead The Way Inc

Indianapolis, IN

PURPOSE: Program Implementation

$7,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$56
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Mater Academy Inc
Miami, FL
$163,317,337
Kings Academy Inc
West Palm Beach, FL
$41,105,705
Bridgeprep Academy Inc
Miami, FL
$35,186,838
Westminster Christian School
Miami, FL
$31,809,440
Scheck Hillel Community School Inc
North Miami, FL
$29,091,360
Cushman School Inc
Miami, FL
$28,827,418
Mt Paran Christian School Inc
Kennesaw, GA
$29,889,603
The Hebrew Day School Of Broward County Inc
Davie, FL
$23,429,832
Trinity School Inc
Atlanta, GA
$25,058,941
Carrollwood Day School Education Inc
Tampa, FL
$20,567,249
Kipp Jacksonville Inc
Jacksonville, FL
$19,518,543
Randolph School
Huntsville, AL
$21,425,432

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