MATER ACADEMY INC

MATER ACADEMY INC

MIAMI, FL, US
501(c)(3)
EIN
65-0857507
School

MATER ACADEMY INC

MIAMI, FL, US
501(c)(3)
EIN
65-0857507
School

Overview

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Est.

1998

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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MATER Academy Inc is a nonprofit organization operating thirty-two charter schools in Miami-Dade County, Florida, providing education from pre-kindergarten through twelfth grade. With an operating budget of $242 million and total revenue of $314.4 million for the 2024 filing year, the organization is supported by multiple funders, none of which provide 50% or more of its revenue. For more information, visit their website at http://www.materacademy.com.

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.
Revenues

$314.4M

Expenses

$245.4M

Net Income:
+$69M
Assets

$533.3M

Liabilities

$342.3M

Net Assets:
+$191M
Operating Budget

$242M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

3

Median grant size
$30K
Largest grant received
$90K
R
Roberto Blanch
Board Member
I
Idalia Suarez
Board Member
C
Christian Crousillat
Board Member

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 2024, MATER ACADEMY INC received grants from SPORTS LEADERSHIP AND MANAGEMENT INC, DIGITAL PROMISE GLOBAL, and ACE 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.
Overview
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