Cristo Rey Miami High School Inc
- Assets
- $6.5m
- Revenue
- $3.9m
- Investments
- $825.1k
- Employees
- 8
- Location
- North Miami, FL
- Founding
- 02/2018
- Data as of
- 06/2022
- EIN
- 82-0761238
Organization Overview
Cristo Rey Miami High School Inc is located in North Miami, FL. The organization was established in 2018. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Cristo Rey Miami High School Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cristo Rey Miami High School 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, Cristo Rey Miami High School Inc generated $3.9m in total revenue. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 69.9% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CRISTO REY MIAMI HIGH SCHOOL IS ORGANIZED TO BE A CATHOLIC LEARNING COMMUNITY THAT EDUCATES YOUNG PEOPLE OF LIMITED ECONOMIC MEANS TO BECOME MEN AND WOMEN OF FAITH, PURPOSE AND SERVICE. THROUGH A RIGOROUS COLLEGE PREPARATORY CURRICULUM, INTEGRATED WITH A RELEVANT WORK STUDY EXPERIENCE, STUDENTS GRADUATE READY TO SUCCEED IN COLLEGE AND IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR, WE PREPARED FOR THE OPENING OF THE SCHOOL IN JULY 2023. WE ENROLLED MORE THAN 80 FRESHMAN, UNDERTOOK RENOVATIONS AT OUR SITE, HIRED 8 NEW FACULTY AND STAFF, PREPARED FOR OUR SUMMER SUCCESS INSTITUTE AND SIGNED AGREEMENTS WITH MORE THAN 30 WORK STUDY PARTNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anamarie Moreiras President/executive Direct | OfficerTrustee | 40 | $116,492 |
Amelie Ferro VP Development And Corporate Work Study | 40 | $106,815 | |
Cesar Munoz Principal | 40 | $105,160 | |
Rudy Cecchi Vice President | OfficerTrustee | 4 | $0 |
Rodger D Shay Jr Treasurer/secretary | OfficerTrustee | 1 | $0 |
Otto Boudet-Murias Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,749,780 |
| Noncash contributions included in lines 1a–1f | $30,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,749,780 |
| Total Program Service Revenue | $0 |
| Investment income | $6,108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,865,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,297 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,407 |
| Payroll taxes | $45,795 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,636 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,309 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,967 |
| Insurance | $0 |
| All other expenses | $9,633 |
| Total functional expenses | $1,250,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,543,866 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $710,362 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,811 |
| Net Land, buildings, and equipment | $3,409,221 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $825,101 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,496 |
| Total assets | $6,506,857 |
| Accounts payable and accrued expenses | $148,286 |
| Grants payable | $0 |
| Deferred revenue | $2,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,680,575 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,831,311 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,675,546 |
| Total liabilities and net assets/fund balances | $6,506,857 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Cristo Rey Miami High School Inc has recieved totaling $139,700.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $105,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Admirals Cove Foundation Inc Jupiter, FL PURPOSE: DONOR DIRECTED | $10,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $9,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Admiral Farragut Academy Inc St Petersburg, FL | $21,987,210 | $17,628,245 |
The Pepin Academies Inc Riverview, FL | $29,193,079 | $15,292,981 |
Oak Hall Private School Gainesville, FL | $28,822,361 | $15,634,041 |
Atlanta Jewish Academy Inc Atlanta, GA | $22,350,554 | $15,415,216 |
The Felicia Penzell Weber Jewish Community High School Inc Atlanta, GA | $43,433,763 | $21,423,275 |
Torah Academy Of Boca Raton Inc Boca Raton, FL | $6,046,779 | $10,224,261 |
Katz Yeshiva High School Of South Florida Inc Boca Raton, FL | $18,491,593 | $8,621,802 |
Ivy Preparatory Academy Incorporated Atlanta, GA | $13,093,434 | $7,743,445 |
Loganville Christian Academy Inc Loganville, GA | $11,454,751 | $7,322,171 |
Florida High School Athletic Association Inc Gainesville, FL | $7,136,528 | $6,568,793 |
Oglethorpe Charter School Inc Savannah, GA | $6,663,561 | $6,904,086 |
Georgia High School Association Thomaston, GA | $8,760,324 | $5,170,653 |