SOMERSET ACADEMY INC
AI Summary
Somerset Academy Inc is a nonprofit charter school operator dedicated to providing equitable, high-quality education for all students across Miami-Dade, Broward County, Palm Beach County, Duval County, St. Lucie County, and Texas. With an operating budget of $378.6 million and total revenue of $498.4 million for the 2024 filing year, the organization promotes a culture of student achievement and the development of accountable, 21st-century learners in a safe and enriching environment. Somerset Academy does not rely on a single funder for 50% or more of its revenue.
Mission Statement
ESTABLISHED AS CHARTER SCHOOL OPERATOR IN DISTRICT SCHOOL BOARDS OF MIAMI-DADE, BROWARD COUNTY, PALM BEACH COUNTY, DUVAL COUNTY, ST. LUCIE COUNTY, AND TEXAS STATE BOARD OF EDUCATION. SOMERSET ACADEMY, INC. IS DEDICATED TO PROVIDING EQUITABLE, HIGH-QUALITY EDUCATION FOR ALL STUDENTS, AND PROMOTES A CULTURE THAT MAXIMIZES STUDENT ACHIEVEMENT AND FOSTERS THE DEVELOPMENT OF ACCOUNTABLE, 21ST CENTURY LEARNERS IN A SAFE AND ENRICHING ENVIRONMENT.
Cause Areas
1
Elementary and secondary education
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Funder
Total Funding
Funding Share
SOMI VIP INC
South Miami, FL, US
$1.9M
100%
50CAN INC
Washington, DC, US
$811.5K
< 1%
SOBAY PTO INC
Miami, FL, US
$456.6K
100%
Frequently Asked Questions
What is SOMERSET ACADEMY INC’s budget?
In 2024, SOMERSET ACADEMY INC reported an annual operating budget of around $378.6 million. More detailed financial information is available to registered users.
What causes does SOMERSET ACADEMY INC support?
SOMERSET ACADEMY INC supports work in Elementary and secondary education.
Where does SOMERSET ACADEMY INC operate?
SOMERSET ACADEMY INC is headquartered in MIAMI, FL.
Who funded SOMERSET ACADEMY INC recently?
In 2025, SOMERSET ACADEMY INC received grants from SOBAY PTO INC, 50CAN INC, and SOMERSET ACADEMY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant SOMERSET ACADEMY INC received in 2024?
The largest grant to SOMERSET ACADEMY INC in 2024 exceeds $532 thousand.
What is SOMERSET ACADEMY INC’s reliance on government grants?
SOMERSET ACADEMY INC relied on government grants for more than 90% of their total revenue in 2024.