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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$640.9M
+17.4% YoY
Revenue
$498.4M
+33.9% YoY
Net Investment Income
$10.6M
+303.2% YoY
Expenses
$378.6M
+6.6% YoY
About Somerset Academy Inc
Based on IRS filings
Somerset Academy Inc is a nonprofit organization focused on Education, based in MIAMI, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $640.9M in total assets. Net investment income was $10.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $640,918,206 | $546,057,670 | $514,166,798 |
| Revenue | $498,370,221 | $372,140,972 | $324,310,430 |
| Expenses | $378,607,558 | $355,265,196 | $320,728,209 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,634,011 | $2,637,490 | $69,574 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD GERMAN | DIR,CHAIRMAN,TREASURE | 2 | — |
| ANA DIAZ | DIR, SECRETARY, VICEC | 2 | — |
| BRIAN MATTHEW COX | DIRECTOR | 2 | — |
| DAVID CONCEPCION | DIRECTOR | 2 | — |
| TAYLOR SMITH | DIRECTOR | 2 | — |
| BERNARDO MONTERO | PRESIDENT | 40 | $238,303 |
| SUZETTE RUIZ | VICE-PRESIDENT | 2 | $203,292 |
| ATHENA GUILLEN | EMPLOYEE | 40 | $145,416 |
| DONYALE MCGHEE | EMPLOYEE | 40 | $158,778 |
| DENNIS MULROONEY | EMPLOYEE | 40 | $139,679 |
| DINA MILLER | EMPLOYEE | 40 | $148,992 |
| GEORGE GROEZINGER | EMPLOYEE | 40 | $136,567 |
| CHRISTINA BOVO-CAMUS | EMPLOYEE | 40 | $116,947 |
| LISA SANTIAGO | EMPLOYEE | 40 | $107,510 |
| SAILI HERNANDEZ | EMPLOYEE | 40 | $132,658 |
| LISA KLEIN | EMPLOYEE | 40 | $107,840 |
| JESSICA MESA | EMPLOYEE | 40 | $126,166 |
| SONIA ANDREU | EMPLOYEE | 40 | $116,768 |
| KERRI ANN | EMPLOYEE | 40 | $215,708 |
| MARY STUART | EMPLOYEE | 40 | $124,044 |
| LISA ALAMO | EMPLOYEE | 40 | $111,028 |
| THOMAS ROMPELLA | EMPLOYEE | 40 | $107,033 |
| WILLIAMS OLATUNJI | EMPLOYEE | 40 | $142,298 |
| MICHAEL AMENDOLA | EMPLOYEE | 40 | $112,945 |
| ERIKA RAINS | EMPLOYEE | 40 | $160,886 |
| ROACH JOANN | EMPLOYEE | 40 | $112,924 |
| SAURI ELIZABETH | EMPLOYEE | 40 | $108,787 |
| COSIO LAYDA | EMPLOYEE | 40 | $120,673 |
| DUARTE VIVIAN | EMPLOYEE | 40 | $100,917 |
| ANDRADE CAROLYN | EMPLOYEE | 40 | $100,433 |
| MENENDEZ MAGALY | EMPLOYEE | 40 | $105,940 |
| PESTANA DANAI | EMPLOYEE | 40 | $102,917 |
| MACIAS LAKISHA ESTHER | EMPLOYEE | 40 | $105,906 |
| RUSSO L | EMPLOYEE | 40 | $105,732 |
| CANAS MARIA CRISTINA | EMPLOYEE | 40 | $116,027 |
| MORFA CARIDAD | EMPLOYEE | 40 | $112,870 |
| HEIT KRISTINA | EMPLOYEE | 40 | $103,514 |
| GARCIA JACQUELINE | EMPLOYEE | 40 | $101,254 |
| SANTANA MARTHA | EMPLOYEE | 40 | $101,140 |
| CHAVEZ AIMEE | EMPLOYEE | 40 | $104,804 |
| CARDOSO CHRISTIE | EMPLOYEE | 40 | $102,952 |
| TREDOR TIMOTHY | EMPLOYEE | 40 | $115,448 |
| GREENBERG GAYLE | EMPLOYEE | 40 | $101,203 |
| CAMPBELL MARGARET | EMPLOYEE | 40 | $115,553 |
| STEWART CHRISTINE | EMPLOYEE | 40 | $107,806 |
| FYE SARAH | EMPLOYEE | 40 | $105,625 |
| SOCAS CRISTINA | EMPLOYEE | 40 | $100,377 |
| GARCIA JENNIFER | EMPLOYEE | 40 | $101,851 |
| CASTRO GEYLER HERRERA | EMPLOYEE | 40 | $136,130 |
| TOKAN ASHLEY | EMPLOYEE | 40 | $106,014 |
| BOITEUX PATRICIA | EMPLOYEE | 40 | $105,467 |
| IBER KARINA | EMPLOYEE | 40 | $117,983 |
| PRIETO ALEXANDRA | EMPLOYEE | 40 | $161,093 |
| SANCHEZ JULIE | EMPLOYEE | 40 | $110,520 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Somerset Academy Inc?
Somerset Academy Inc is a nonprofit organization focused on Education, based in MIAMI, FL. It holds $640.9M in total assets as of 2024.
How large is Somerset Academy Inc?
As of 2024, Somerset Academy Inc holds $640.9M in total assets with $498.4M in annual revenue.
Where does Somerset Academy Inc operate?
Somerset Academy Inc has awarded grants in Arizona, Florida.
What is Somerset Academy Inc's EIN?
Somerset Academy Inc's EIN (Employer Identification Number) is 31-1569428. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Somerset Academy Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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