NonprofitsSomerset Academy Inc

Education

Somerset Academy Inc

SAN ANTONIO, TX

Total revenue

$498.4M

Total expenses

$378.6M

Net assets

$240.8M

Grants received

$3.7M

28 grants

EIN

311569428

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$451.1M
Program service revenue$26.7M
Investment income$10.6M
Other revenue$10.0M
Total revenue$498.4M

Expenses

Grants paid
Salaries & benefits$200.6M
Fundraising
Other expenses$178.0M
Total expenses$378.6M
Total assets$640.9M
Net assets$240.8M

People

50 listed

NameRoleCompensation

BERNARDO MONTERO

PRESIDENT

Board

$238K

40 hrs/wk

SUZETTE RUIZ

VICE-PRESIDENT

Board

$203K

2 hrs/wk

DAVID CONCEPCION

DIRECTOR

Board

2 hrs/wk

KERRI ANN

EMPLOYEE

Staff

$216K

40 hrs/wk

PRIETO ALEXANDRA

EMPLOYEE

Staff

$161K

40 hrs/wk

ERIKA RAINS

EMPLOYEE

Staff

$161K

40 hrs/wk

DONYALE MCGHEE

EMPLOYEE

Staff

$159K

40 hrs/wk

DINA MILLER

EMPLOYEE

Staff

$149K

40 hrs/wk

ATHENA GUILLEN

EMPLOYEE

Staff

$145K

40 hrs/wk

WILLIAMS OLATUNJI

EMPLOYEE

Staff

$142K

40 hrs/wk

DENNIS MULROONEY

EMPLOYEE

Staff

$140K

40 hrs/wk

GEORGE GROEZINGER

EMPLOYEE

Staff

$137K

40 hrs/wk

CASTRO GEYLER HERRERA

EMPLOYEE

Staff

$136K

40 hrs/wk

SAILI HERNANDEZ

EMPLOYEE

Staff

$133K

40 hrs/wk

JESSICA MESA

EMPLOYEE

Staff

$126K

40 hrs/wk

MARY STUART

EMPLOYEE

Staff

$124K

40 hrs/wk

COSIO LAYDA

EMPLOYEE

Staff

$121K

40 hrs/wk

IBER KARINA

EMPLOYEE

Staff

$118K

40 hrs/wk

CHRISTINA BOVO-CAMUS

EMPLOYEE

Staff

$117K

40 hrs/wk

SONIA ANDREU

EMPLOYEE

Staff

$117K

40 hrs/wk

CANAS MARIA CRISTINA

EMPLOYEE

Staff

$116K

40 hrs/wk

CAMPBELL MARGARET

EMPLOYEE

Staff

$116K

40 hrs/wk

TREDOR TIMOTHY

EMPLOYEE

Staff

$115K

40 hrs/wk

MICHAEL AMENDOLA

EMPLOYEE

Staff

$113K

40 hrs/wk

ROACH JOANN

EMPLOYEE

Staff

$113K

40 hrs/wk

MORFA CARIDAD

EMPLOYEE

Staff

$113K

40 hrs/wk

LISA ALAMO

EMPLOYEE

Staff

$111K

40 hrs/wk

SANCHEZ JULIE

EMPLOYEE

Staff

$111K

40 hrs/wk

SAURI ELIZABETH

EMPLOYEE

Staff

$109K

40 hrs/wk

LISA KLEIN

EMPLOYEE

Staff

$108K

40 hrs/wk

STEWART CHRISTINE

EMPLOYEE

Staff

$108K

40 hrs/wk

LISA SANTIAGO

EMPLOYEE

Staff

$108K

40 hrs/wk

THOMAS ROMPELLA

EMPLOYEE

Staff

$107K

40 hrs/wk

TOKAN ASHLEY

EMPLOYEE

Staff

$106K

40 hrs/wk

MENENDEZ MAGALY

EMPLOYEE

Staff

$106K

40 hrs/wk

MACIAS LAKISHA ESTHER

EMPLOYEE

Staff

$106K

40 hrs/wk

RUSSO L

EMPLOYEE

Staff

$106K

40 hrs/wk

FYE SARAH

EMPLOYEE

Staff

$106K

40 hrs/wk

BOITEUX PATRICIA

EMPLOYEE

Staff

$105K

40 hrs/wk

CHAVEZ AIMEE

EMPLOYEE

Staff

$105K

40 hrs/wk

HEIT KRISTINA

EMPLOYEE

Staff

$104K

40 hrs/wk

CARDOSO CHRISTIE

EMPLOYEE

Staff

$103K

40 hrs/wk

PESTANA DANAI

EMPLOYEE

Staff

$103K

40 hrs/wk

GARCIA JENNIFER

EMPLOYEE

Staff

$102K

40 hrs/wk

GARCIA JACQUELINE

EMPLOYEE

Staff

$101K

40 hrs/wk

GREENBERG GAYLE

EMPLOYEE

Staff

$101K

40 hrs/wk

SANTANA MARTHA

EMPLOYEE

Staff

$101K

40 hrs/wk

DUARTE VIVIAN

EMPLOYEE

Staff

$101K

40 hrs/wk

ANDRADE CAROLYN

EMPLOYEE

Staff

$100K

40 hrs/wk

SOCAS CRISTINA

EMPLOYEE

Staff

$100K

40 hrs/wk

Independent contractors

ADP TOTAL SOURCE

PAYROLL PROVIDER

$169.6M

ACADEMICA BROWARD LLC

EDUCATIONAL SUPPORT PROVIDER

$10.3M

ACADEMICA DADE LLC

EDUCATIONAL SUPPORT PROVIDER

$6.0M

CHENEY BROTHERS INC

FOOD PROVIDER

$5.7M

IT SAWY LLC

IT SERVICES PROVIDER

$4.8M

Grants received

Showing 28 of 28

FromAmountPurposeYear
$532K
TO SUPPORT SUMMER BOOST
2024
$173K
THE ACT FUND PROVIDES THE OPPORTUNITY FOR BOTH PARENTS AND THE SCHOOL TO HELP FUND THE SALARIES OF TEACHER ASSISNTANTS. TEACHER ASSISTANTS FILL AN IMPORTANT ROLE IN THE CLASSROOM; THEY PROVIDE ONE-ON-ONE TUTORING, ASSIST WITH CLASSROOM MANAGEMENT, PROVIDE INSTRUCITONAL ASSISTANCE AND OFFER TEACHER SUPPORT IN ORDER TO BETTER INSTRUCT THE STUDENTS. THERE ARE MANY DEMANDS ON A CLASSROOM TEACHER AND HAVING AN ASSISTANT CAN HELP THE TEACH IN MANY WAYS; BUT MOSTLY IT GIVES THE TEACHER THE OPPORTUNITY TO INSTRUCT AND SUPPORT THE STUDENTS IN SMALLER GROUS BASED ON ACADEMIC LEVEL. FUNDRAISING EVENTS ALSO PROVIDE FOR CERTAIN CAMPUS IMPROVEMENTS FOR THE BENEFIT OF THE GROWTH AND DEVELOPMENT OF THE STUDENTS.
2024
$321K
TO HELP THE SCHOOL PROVIDE QUALITY FACILITIES FOR ITS STUDENTS
2023
$280K
TO SUPPORT SUMMER BOOST
2023
$210K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2023
$198K
THE ACT FUND PROVIDES THE OPPORTUNITY FOR BOTH PARENTS AND THE SCHOOL TO HELP FUND THE SALARIES OF TEACHER ASSISNTANTS. TEACHER ASSISTANTS FILL AN IMPORTANT ROLE IN THE CLASSROOM; THEY PROVIDE ONE-ON-ONE TUTORING, ASSIST WITH CLASSROOM MANAGEMENT, PROVIDE INSTRUCITONAL ASSISTANCE AND OFFER TEACHER SUPPORT IN ORDER TO BETTER INSTRUCT THE STUDENTS. THERE ARE MANY DEMANDS ON A CLASSROOM TEACHER AND HAVING AN ASSISTANT CAN HELP THE TEACH IN MANY WAYS; BUT MOSTLY IT GIVES THE TEACHER THE OPPORTUNITY TO INSTRUCT AND SUPPORT THE STUDENTS IN SMALLER GROUS BASED ON ACADEMIC LEVEL. FUNDRAISING EVENTS ALSO PROVIDE FOR CERTAIN CAMPUS IMPROVEMENTS FOR THE BENEFIT OF THE GROWTH AND DEVELOPMENT OF THE STUDENTS.
2023
$150K
EDUCATIONAL SUPPORT
2023
$22K
BREAKFAST
2023
$20K
For grant recipient's exempt purposes
2023
$10K
Assist Community
2023
$6K
TO SUPPORT EDUCATION
2023
$5K
GENERAL OPERATING
2023
$208K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2022
$75K
EDUCATIONAL SUPPORT
2022
$15K
CHILDHOOD HUNGER PROGRAMS
2022
$15K
CHILDHOOD HUNGER PROGRAMS
2022
$268K
THE ACT FUND PROVIDES THE OPPORTUNITY FOR BOTH PARENTS AND THE SCHOOL TO HELP FUND THE SALARIES OF TEACHER ASSISNTANTS. TEACHER ASSISTANTS FILL AN IMPORTANT ROLE IN THE CLASSROOM; THEY PROVIDE ONE-ON-ONE TUTORING, ASSIST WITH CLASSROOM MANAGEMENT, PROVIDE INSTRUCITONAL ASSISTANCE AND OFFER TEACHER SUPPORT IN ORDER TO BETTER INSTRUCT THE STUDENTS. THERE ARE MANY DEMANDS ON A CLASSROOM TEACHER AND HAVING AN ASSISTANT CAN HELP THE TEACH IN MANY WAYS; BUT MOSTLY IT GIVES THE TEACHER THE OPPORTUNITY TO INSTRUCT AND SUPPORT THE STUDENTS IN SMALLER GROUS BASED ON ACADEMIC LEVEL. FUNDRAISING EVENTS ALSO PROVIDE FOR CERTAIN CAMPUS IMPROVEMENTS FOR THE BENEFIT OF THE GROWTH AND DEVELOPMENT OF THE STUDENTS.
2021
$215K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2021
$59K
EDUCATIONAL SUPPORT
2021
$251K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2020
$18K
Competitive Shooting
2020
$1K
To finance operations of donee organization
2020
$134K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2019
$210K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2018
$128K
TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI.
2017
$15K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2017

Funded by

$3.7M from 14 funders · 28 grants · 2017–2024

Somi Vip Inc

$1.4M · 7 grants · 2017–2023

50Can Inc

$811K · 2 grants · 2023–2024

Sobay Pto Inc

$638K · 3 grants · 2021–2024

Somerset Academy Foundation Inc

$321K · 1 grant · 2023

Somerset Academy Arizona Inc

$284K · 3 grants · 2021–2023

Share Our Strength

$52K · 3 grants · 2022–2023

Details

EIN311569428
NTEE codeB20Z
Subsection03
Ruling date1998-01
Formed1997
Employees4190
Volunteers6919
SOMERSET ACADEMY INC — Mission, Financials & Grants Received | Grantivo