NonprofitsMasters Academy Of Vero Beach Inc

Education

Masters Academy Of Vero Beach Inc

VERO BEACH, FL

Total revenue

$3.3M

Total expenses

$2.6M

Net assets

$2.1M

Grants received

$698K

15 grants

EIN

043770235

Tax year

2022

Mission

To academically challenge and spiritually develop each student to impact the world. Committed to excellence in education, truth and authority in scriptures.

Programs

3 programs

Lunch program: to provide lunch for students that do not bring their lunch. Cost is 3.50 per lunch. Approximately 108 lunches served each day

Expenses: $43K

Athletic programs - to teach sportsmanship, to enjoy competitive sports, and enhance athletics skills (130 athletes participated)

Expenses: $56K

To academically challenge each student.

Expenses: $725

Financials

FY 2022

Revenue

Contributions & grants$88K
Program service revenue$2.4M
Investment income
Other revenue$753K
Total revenue$3.3M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising$53K
Other expenses$819K
Total expenses$2.6M
Total assets$2.2M
Net assets$2.1M

People

4 listed

NameRoleCompensation

JONATHAN HARDIE

TREASURER

Board

MATTHEW MCCAIN

CHAIRMAN

Board

DAVID MORGAN

BOARD MEMBER

Board

MONICA WASHINGTON

SECRETARY

Board

Grants received

Showing 15 of 15

FromAmountPurposeYear
$9K
SCHOLARSHIP
2024
$1K
CHARITABLE PURPOSES
2024
$82K
GENERAL OPERATING
2023
$225K
VO-TECH BUILDING
2022
$75K
GENERAL OPERATING
2022
$75K
GENERAL OPERATING
2022
$2K
CHARITABLE PURPOSES
2022
$70K
TECHNOLOGY/TRANSPORTATION/E
2021
$11K
GENERAL OPERATING
2021
$10K
CHARITABLE PURPOSES
2021
$6K
For recipient's exempt purpose
2021
$60K
TECH/ACADEMIC AND ATHLETIC
2020
$14K
CHARITABLE PURPOSES
2020
$50K
TECHNOLOGY/MODULAR
2018
$8K
CHARITABLE PURPOSES
2018

Funded by

$698K from 8 funders · 15 grants · 2018–2024

United Charitable

$225K · 1 grant · 2022

John W Plansoen Trust

$142K · 2 grants · 2020–2023

Louis Plansoen Fdn Co-Ttee

$125K · 2 grants · 2018–2022

Indian River Community Foundation Inc

$86K · 2 grants · 2021–2022

Louis M Plansoen Char Tr U10Th Par

$70K · 1 grant · 2021

Bailey Family Foundation Inc

$35K · 5 grants · 2018–2024

Folds Of Honor Foundation

$9K · 1 grant · 2024

Details

EIN043770235
NTEE codeB20
Subsection03
Ruling date2004-12
Formed2003
Employees66
MASTERS ACADEMY OF VERO BEACH INC — Mission, Financials & Grants Received | Grantivo