THE MISSION OF THE PARENTS ASSOCIATION IS TO ENHANCE THE ACADEMIC AND PERSONAL GROWTH OF SOMERSET SOUTH MIAMI STUDENTS THROUGH A PARTNERSHIP BETWEEN THE PARENTS AND THE CHARTER SCHOOL.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$539K
+21.8% YoY
Annual Giving
$210K
+1.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$210K
+1.0% YoY
About Somi Vip Inc
Based on IRS filings
Somi Vip Inc is a nonprofit organization focused on Education, based in SOUTH MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $539K in total assets. In 2024, it awarded 1 grants totaling $210K. Net investment income was $78.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $538,972 | $442,532 | $432,138 |
| Revenue | $326,198 | $236,441 | $251,057 |
| Expenses | $229,746 | $226,048 | $216,658 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $78 | $372 | $851 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Somerset Academy Inc ($210,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOMERSET ACADEMY INC MIAMI, FL | TO PROVIDE FINANCIAL SUPPORT TO SOMERSET ACADEMY SOUTH MIAMI. | $210,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANICA MELENDEZ | VICE PRESIDENT | 1 | — |
| MONICA SCHINKER | PRESIDENT | 1 | — |
| AMANDA PORTAS | SECRETARY | 1 | — |
| MARITZA DIAZ | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Somi Vip Inc?
Somi Vip Inc is a nonprofit organization focused on Education, based in SOUTH MIAMI, FL. It holds $539K in total assets as of 2024.
How large is Somi Vip Inc?
As of 2024, Somi Vip Inc holds $539K in total assets with $326K in annual revenue. It awarded 1 grants totaling $210K in 2024.
Where does Somi Vip Inc operate?
Somi Vip Inc has awarded grants in Florida.
What size grants does Somi Vip Inc award?
In 2024, Somi Vip Inc awarded 1 grants totaling $210K — an average of about $210K per grant, based on its IRS Form 990 filings.
What is Somi Vip Inc's EIN?
Somi Vip Inc's EIN (Employer Identification Number) is 27-1161992. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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