MATER ACADEMY INC
AI Summary
MATER ACADEMY, INC is an educational nonprofit organization operating thirty-one charter schools that serve students from pre-kindergarten through twelfth grade in Miami-Dade County, Florida. With an operating budget of $259.2 million and total revenue of $276.3 million, it receives significant funding from key supporters including The Bank of America Charitable Foundation Inc and DIGITAL PROMISE GLOBAL, but does not rely on a single funder for 50% or more of its revenue.
Mission Statement
MATER ACADEMY, INC IS COMPOSED OF THIRTY-TWO 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.
Cause Areas
1
Elementary education
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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
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- 12 funders
- 55 board & team members
- 10 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is MATER ACADEMY INC’s budget?
In 2024, MATER ACADEMY INC reported an annual operating budget of around $242 million. More detailed financial information is available to registered users.
What causes does MATER ACADEMY INC support?
MATER ACADEMY INC supports work in Elementary education.
Where does MATER ACADEMY INC operate?
MATER ACADEMY INC is headquartered in MIAMI, FL.
Who funded MATER ACADEMY INC recently?
In 2025, MATER ACADEMY INC received grants from MATER ACADEMY FOUNDATION INC, SPORTS LEADERSHIP AND MANAGEMENT INC, and MATER ACADEMY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MATER ACADEMY INC received in 2024?
The largest grant to MATER ACADEMY INC in 2024 exceeds $90 thousand.
What is MATER ACADEMY INC’s reliance on government grants?
MATER ACADEMY INC relied on government grants for more than 85% of their total revenue in 2024.