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 .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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