Mater Academy Inc
Nonprofit profile at a glance
- EIN
- 650857507
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Miami, FL, USA
- Phone
- 3056692906
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $276,295,320
- Expenses
- $261,809,875
- Assets
- $546,187,704
- Liabilities
- $341,268,742
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ROBERTO BLANCH (PRESIDENT)
Highest reported compensation
- KIM GUILARTE (CHIEF OPERATING OFFICER): $219,297 total reported compensation
- RENE ROVIROSA (PRINCIPAL): $217,210 total reported compensation
- DOUGLAS P RODRIGUEZ (PRINCIPAL): $215,175 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of mater academy, inc. Is to provide a safe learning environment where academics are facilitated by teachers, administrators, parents, and the community which enables students to become confident, self-directed learners in a technologically-rich, college preparatory environment through rigor, relevance and relationships.
What it reported doing in 2024
Education for children from pre-kindergarten through twelfth grade. For the fiscal year ended june 30, 2025, approximately 18,800 students were enrolled.
Operating model
- Revenue model
- Grant-funded. 89% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.2%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 2.09; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.62; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 23.6% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 89.1% of spending went to programs
- Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $233.4M in reported program spending
- Leadership: top reported pay $219K · 13 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $179.3M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.