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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.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$498.4M
Program Spending
90%
of total expenses go to program services
Total Contributions
$451.1M
Total Expenses
▼$378.6M
Total Assets
$640.9M
Total Liabilities
▼$400.1M
Net Assets
$240.8M
Officer Compensation
→N/A
Other Salaries
$167.5M
Investment Income
$10.6M
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$1
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Education | BRIDGING THE OPPORTUNITY GAP: REPLICATION AND EXPANSION OF HIGH-QUALITY SOMERSET ACADEMY SCHOOLS 2024-2029 | $1 | FY2026 | Apr 2026 – Mar 2027 | Open → |
Department of Education
$1
BRIDGING THE OPPORTUNITY GAP: REPLICATION AND EXPANSION OF HIGH-QUALITY SOMERSET ACADEMY SCHOOLS 2024-2029
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
11
Clean Audits
10
Material Weakness
No
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $32.7M | Yes | 2026-03-05 |
| 2024 | Clean | Unmodified (Clean) | $55M | Yes | 2025-02-19 |
| 2023 | Clean | Unmodified (Clean) | $57.2M | Yes | 2024-03-08 |
| 2022 | Clean | Unmodified (Clean) | $38.2M | Yes | 2023-03-24 |
| 2021 | Clean | Unmodified (Clean) | $30.1M | Yes | 2022-03-24 |
| 2020 | Clean | Unmodified (Clean) | $12.3M | No | 2021-02-09 |
| 2019 | Clean | Unmodified (Clean) | $15M | No | 2020-03-17 |
| 2018 | Minor Findings | Unmodified (Clean) | $11.6M | Yes | 2019-03-30 |
| 2017 | Clean | Unmodified (Clean) | $1.3M | Yes | 2018-01-30 |
| 2017 | Clean | Unmodified (Clean) | $7.4M | No | 2018-03-13 |
| 2016 | Clean | Unmodified (Clean) | $7.3M | Yes | 2017-01-25 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$32.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$55M
Financial Report
Unmodified (Clean)
Federal Expenditure
$57.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$38.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$30.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$15M
Financial Report
Unmodified (Clean)
Federal Expenditure
$11.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.3M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $498.4M | $451.1M | $378.6M | $640.9M | $240.8M |
| 2022 | $324.3M | $302.2M | $320.7M | $514.2M | $104.2M |
| 2021 | $293.9M | $282.3M | $266.8M | $197.1M | $103.8M |
| 2020 | $251.4M | $240.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Bernardo Montero | President | 40 | $238.3K | $0 | $0 | $238.3K |
| Suzette Ruiz | Vice-president | 2 | $203.3K | $0 | $0 | $203.3K |
| Ana Diaz | Dir, Secretary, Vicec | 2 | $0 | $0 | $0 | $0 |
| Todd German | Dir,chairman,treasure | 2 | $0 | $0 | $0 | $0 |
Bernardo Montero
President
$238.3K
Hrs/Wk
40
Compensation
$238.3K
Related Orgs
$0
Other
$0
Suzette Ruiz
Vice-president
$203.3K
Hrs/Wk
2
Compensation
$203.3K
Related Orgs
$0
Other
$0
Ana Diaz
Dir, Secretary, Vicec
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Todd German
Dir,chairman,treasure
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Kerri Ann | Employee | 40 | $215.7K | $0 | $0 | $215.7K |
| Prieto Alexandra | Employee | 40 | $161.1K | $0 | $0 | $161.1K |
| Erika Rains | Employee | 40 | $160.9K | $0 | $0 | $160.9K |
| Donyale Mcghee | Employee | 40 | $158.8K | $0 | $0 | $158.8K |
| Dina Miller | Employee | 40 | $149K | $0 | $0 | $149K |
| Athena Guillen | Employee |
Kerri Ann
Employee
$215.7K
Hrs/Wk
40
Compensation
$215.7K
Related Orgs
$0
Other
$0
Prieto Alexandra
Employee
$161.1K
Hrs/Wk
40
Compensation
$161.1K
Related Orgs
$0
Other
$0
Erika Rains
Employee
$160.9K
Hrs/Wk
40
Compensation
$160.9K
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Brian Matthew Cox | Director | 2 | $0 | $0 | $0 | $0 |
| David Concepcion | Director | 2 | $0 | $0 | $0 | $0 |
| Taylor Smith | Director | 2 | $0 | $0 | $0 | $0 |
Brian Matthew Cox
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
David Concepcion
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Taylor Smith
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $249.4M |
| $154.1M |
| $76.9M |
| 2019 | $224.9M | $213.9M | $224.2M | $147.8M | $74.6M |
| 2018 | $195.4M | $185.8M | $185.7M | $112.7M | $74M |
| 2017 | $159.7M | $150.5M | $150.4M | $79.3M | $63.8M |
| 2016 | $147.7M | $140.4M | $137.5M | $68.8M | $54.6M |
| 2015 | $134.5M | $126.8M | $128.5M | $57.1M | $44.4M |
| 2014 | $123.9M | $116.1M | $116.8M | $48.7M | $38.5M |
| 2013 | $97.4M | $91.3M | $94M | $42.1M | $33.3M |
| 2012 | $85.9M | $79.8M | $82.2M | $40.1M | $29.7M |
| 2011 | $76.1M | $71.6M | $66.7M | $32.2M | $25.9M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 40 |
| $145.4K |
| $0 |
| $0 |
| $145.4K |
| Williams Olatunji | Employee | 40 | $142.3K | $0 | $0 | $142.3K |
| Dennis Mulrooney | Employee | 40 | $139.7K | $0 | $0 | $139.7K |
| George Groezinger | Employee | 40 | $136.6K | $0 | $0 | $136.6K |
| Castro Geyler Herrera | Employee | 40 | $136.1K | $0 | $0 | $136.1K |
| Saili Hernandez | Employee | 40 | $132.7K | $0 | $0 | $132.7K |
| Jessica Mesa | Employee | 40 | $126.2K | $0 | $0 | $126.2K |
| Mary Stuart | Employee | 40 | $124K | $0 | $0 | $124K |
| Cosio Layda | Employee | 40 | $120.7K | $0 | $0 | $120.7K |
| Iber Karina | Employee | 40 | $118K | $0 | $0 | $118K |
| Christina Bovo-Camus | Employee | 40 | $116.9K | $0 | $0 | $116.9K |
| Sonia Andreu | Employee | 40 | $116.8K | $0 | $0 | $116.8K |
| Canas Maria Cristina | Employee | 40 | $116K | $0 | $0 | $116K |
| Campbell Margaret | Employee | 40 | $115.6K | $0 | $0 | $115.6K |
| Tredor Timothy | Employee | 40 | $115.4K | $0 | $0 | $115.4K |
| Michael Amendola | Employee | 40 | $112.9K | $0 | $0 | $112.9K |
| Roach Joann | Employee | 40 | $112.9K | $0 | $0 | $112.9K |
| Morfa Caridad | Employee | 40 | $112.9K | $0 | $0 | $112.9K |
| Lisa Alamo | Employee | 40 | $111K | $0 | $0 | $111K |
| Sanchez Julie | Employee | 40 | $110.5K | $0 | $0 | $110.5K |
| Sauri Elizabeth | Employee | 40 | $108.8K | $0 | $0 | $108.8K |
| Lisa Klein | Employee | 40 | $107.8K | $0 | $0 | $107.8K |
| Stewart Christine | Employee | 40 | $107.8K | $0 | $0 | $107.8K |
| Lisa Santiago | Employee | 40 | $107.5K | $0 | $0 | $107.5K |
| Thomas Rompella | Employee | 40 | $107K | $0 | $0 | $107K |
| Tokan Ashley | Employee | 40 | $106K | $0 | $0 | $106K |
| Menendez Magaly | Employee | 40 | $105.9K | $0 | $0 | $105.9K |
| Macias Lakisha Esther | Employee | 40 | $105.9K | $0 | $0 | $105.9K |
| Russo L | Employee | 40 | $105.7K | $0 | $0 | $105.7K |
| Fye Sarah | Employee | 40 | $105.6K | $0 | $0 | $105.6K |
| Boiteux Patricia | Employee | 40 | $105.5K | $0 | $0 | $105.5K |
| Chavez Aimee | Employee | 40 | $104.8K | $0 | $0 | $104.8K |
| Heit Kristina | Employee | 40 | $103.5K | $0 | $0 | $103.5K |
| Cardoso Christie | Employee | 40 | $103K | $0 | $0 | $103K |
| Pestana Danai | Employee | 40 | $102.9K | $0 | $0 | $102.9K |
| Garcia Jennifer | Employee | 40 | $101.9K | $0 | $0 | $101.9K |
| Garcia Jacqueline | Employee | 40 | $101.3K | $0 | $0 | $101.3K |
| Greenberg Gayle | Employee | 40 | $101.2K | $0 | $0 | $101.2K |
| Santana Martha | Employee | 40 | $101.1K | $0 | $0 | $101.1K |
| Duarte Vivian | Employee | 40 | $100.9K | $0 | $0 | $100.9K |
| Andrade Carolyn | Employee | 40 | $100.4K | $0 | $0 | $100.4K |
| Socas Cristina | Employee | 40 | $100.4K | $0 | $0 | $100.4K |
Donyale Mcghee
Employee
$158.8K
Hrs/Wk
40
Compensation
$158.8K
Related Orgs
$0
Other
$0
Dina Miller
Employee
$149K
Hrs/Wk
40
Compensation
$149K
Related Orgs
$0
Other
$0
Athena Guillen
Employee
$145.4K
Hrs/Wk
40
Compensation
$145.4K
Related Orgs
$0
Other
$0
Williams Olatunji
Employee
$142.3K
Hrs/Wk
40
Compensation
$142.3K
Related Orgs
$0
Other
$0
Dennis Mulrooney
Employee
$139.7K
Hrs/Wk
40
Compensation
$139.7K
Related Orgs
$0
Other
$0
George Groezinger
Employee
$136.6K
Hrs/Wk
40
Compensation
$136.6K
Related Orgs
$0
Other
$0
Castro Geyler Herrera
Employee
$136.1K
Hrs/Wk
40
Compensation
$136.1K
Related Orgs
$0
Other
$0
Saili Hernandez
Employee
$132.7K
Hrs/Wk
40
Compensation
$132.7K
Related Orgs
$0
Other
$0
Jessica Mesa
Employee
$126.2K
Hrs/Wk
40
Compensation
$126.2K
Related Orgs
$0
Other
$0
Mary Stuart
Employee
$124K
Hrs/Wk
40
Compensation
$124K
Related Orgs
$0
Other
$0
Cosio Layda
Employee
$120.7K
Hrs/Wk
40
Compensation
$120.7K
Related Orgs
$0
Other
$0
Iber Karina
Employee
$118K
Hrs/Wk
40
Compensation
$118K
Related Orgs
$0
Other
$0
Christina Bovo-Camus
Employee
$116.9K
Hrs/Wk
40
Compensation
$116.9K
Related Orgs
$0
Other
$0
Sonia Andreu
Employee
$116.8K
Hrs/Wk
40
Compensation
$116.8K
Related Orgs
$0
Other
$0
Canas Maria Cristina
Employee
$116K
Hrs/Wk
40
Compensation
$116K
Related Orgs
$0
Other
$0
Campbell Margaret
Employee
$115.6K
Hrs/Wk
40
Compensation
$115.6K
Related Orgs
$0
Other
$0
Tredor Timothy
Employee
$115.4K
Hrs/Wk
40
Compensation
$115.4K
Related Orgs
$0
Other
$0
Michael Amendola
Employee
$112.9K
Hrs/Wk
40
Compensation
$112.9K
Related Orgs
$0
Other
$0
Roach Joann
Employee
$112.9K
Hrs/Wk
40
Compensation
$112.9K
Related Orgs
$0
Other
$0
Morfa Caridad
Employee
$112.9K
Hrs/Wk
40
Compensation
$112.9K
Related Orgs
$0
Other
$0
Lisa Alamo
Employee
$111K
Hrs/Wk
40
Compensation
$111K
Related Orgs
$0
Other
$0
Sanchez Julie
Employee
$110.5K
Hrs/Wk
40
Compensation
$110.5K
Related Orgs
$0
Other
$0
Sauri Elizabeth
Employee
$108.8K
Hrs/Wk
40
Compensation
$108.8K
Related Orgs
$0
Other
$0
Lisa Klein
Employee
$107.8K
Hrs/Wk
40
Compensation
$107.8K
Related Orgs
$0
Other
$0
Stewart Christine
Employee
$107.8K
Hrs/Wk
40
Compensation
$107.8K
Related Orgs
$0
Other
$0
Lisa Santiago
Employee
$107.5K
Hrs/Wk
40
Compensation
$107.5K
Related Orgs
$0
Other
$0
Thomas Rompella
Employee
$107K
Hrs/Wk
40
Compensation
$107K
Related Orgs
$0
Other
$0
Tokan Ashley
Employee
$106K
Hrs/Wk
40
Compensation
$106K
Related Orgs
$0
Other
$0
Menendez Magaly
Employee
$105.9K
Hrs/Wk
40
Compensation
$105.9K
Related Orgs
$0
Other
$0
Macias Lakisha Esther
Employee
$105.9K
Hrs/Wk
40
Compensation
$105.9K
Related Orgs
$0
Other
$0
Russo L
Employee
$105.7K
Hrs/Wk
40
Compensation
$105.7K
Related Orgs
$0
Other
$0
Fye Sarah
Employee
$105.6K
Hrs/Wk
40
Compensation
$105.6K
Related Orgs
$0
Other
$0
Boiteux Patricia
Employee
$105.5K
Hrs/Wk
40
Compensation
$105.5K
Related Orgs
$0
Other
$0
Chavez Aimee
Employee
$104.8K
Hrs/Wk
40
Compensation
$104.8K
Related Orgs
$0
Other
$0
Heit Kristina
Employee
$103.5K
Hrs/Wk
40
Compensation
$103.5K
Related Orgs
$0
Other
$0
Cardoso Christie
Employee
$103K
Hrs/Wk
40
Compensation
$103K
Related Orgs
$0
Other
$0
Pestana Danai
Employee
$102.9K
Hrs/Wk
40
Compensation
$102.9K
Related Orgs
$0
Other
$0
Garcia Jennifer
Employee
$101.9K
Hrs/Wk
40
Compensation
$101.9K
Related Orgs
$0
Other
$0
Garcia Jacqueline
Employee
$101.3K
Hrs/Wk
40
Compensation
$101.3K
Related Orgs
$0
Other
$0
Greenberg Gayle
Employee
$101.2K
Hrs/Wk
40
Compensation
$101.2K
Related Orgs
$0
Other
$0
Santana Martha
Employee
$101.1K
Hrs/Wk
40
Compensation
$101.1K
Related Orgs
$0
Other
$0
Duarte Vivian
Employee
$100.9K
Hrs/Wk
40
Compensation
$100.9K
Related Orgs
$0
Other
$0
Andrade Carolyn
Employee
$100.4K
Hrs/Wk
40
Compensation
$100.4K
Related Orgs
$0
Other
$0
Socas Cristina
Employee
$100.4K
Hrs/Wk
40
Compensation
$100.4K
Related Orgs
$0
Other
$0