2024-01-20T06:59:03-06:00 2023-06-30 204946415 HLB GRAVIER LLP 396 ALHAMBRA CIRCLE CORAL GABLES FL 33134 990 2022-07-01 263039409 MATER ACADEMY FOUNDATION MATE 3056692906 6340 SUNSET DRIVE MIAMI FL 33143 ROBERTO BLANCH PRESIDENT 3056692906 2024-01-20 1 ROBERTO BLANCH 999009999 0 LEONARDO D GRAVIER P00368983 3054463022 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERTO BLANCH 6340 SUNSET DRIVE MIAMI FL 33143 19374880 0 X GUIDESTAR.ORG X 2009 FL MATER ACADEMY FOUNDATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION OPERATING IN SOUTH FLORIDA. THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO ALL MATER ACADEMY CHARTER SCHOOLS. 4 4 1 22 0 0 0 62937 64312290 17130420 23168 2181523 13667 0 64349125 19374880 18695 71223 0 0 48602 48353 0 0 0 10745159 17073758 10812456 17193334 53536669 2181546 379036072 332384319 308442247 307464772 70593825 24919547 THE MISSION OF THE FOUNDATION IS TO ENHANCE THE ACADEMIC AND PERSONAL GROWTH OF MATER ACADEMY STUDENTS THROUGH A PARTNERSHIP BETWEEN THE FOUNDATION AND THE CHARTER SCHOOLS. 0 0 16948454 19311943 MATER ACADEMY FOUNDATION INC PROVIDES SUPPORT TO MATER ACADEMY CHARTER SCHOOL TO ENCHANCE AND MAXIMIZE THE EDUCATION EXPERIENCE FOR EVERY CHILD ENROLLED. 16948454 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 25 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 3056692906 6340 SUNSET DRIVE MIAMI FL 33143 ROBERTO BLANCH PRESIDENT 2.00 X X 0 0 0 SHANNIE SADESKY DIRECTOR 2.00 X 0 0 0 CHRISTIAN C CROUSILLAT DIRECTOR, VICE PRESIDENT, CHAIRMAN 2.00 X X 0 0 0 IDALIA SUAREZ DIRECTOR, SECRETARY 2.00 X X 0 0 0 MARIA BEATRIZ NUNEZ DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 LINK CONSTRUCTION GROUP 5350 NW 77TH CT DORAL FL 33166 CONSTRUCTION 32998896 TURIN CONSTRUCTION GROUP 5225 N W 80TH TERRACE PARKLAND FL 33067 CONSTRUCTION 7114845 BDI CONSTRUCTION COMPANY 7270 NW 12TH STREET SUITE 200 MIAMI FL 33126 CONSTRUCTION 6986416 DAIKIN 7255 CORPORATE CENTER DR STE A MIAMI FL 33126 AIR CONDITIONONING EQUIPMENT INSTALLATIO 1570811 MIAMI SCHOOL GROUP LLC 6457 SUNSET DRIVE MIAMI FL 33143 FACILITY RENTAL 1480511 48 62937 62937 RENTAL INCOME 531120 17130420 17130420 17130420 2181523 2181523 19374880 19311943 0 0 36000 36000 35223 35223 48353 48353 113165 113165 48000 48000 12820 12685 135 3865191 3865191 35227 35227 9278774 9278774 26955 26955 8697 8697 LOSS FROM SALES TYPE LE 3571369 3571369 REPAIR AND MAINTENANCE 63756 63756 DUES & FEES 34466 34466 SUPPLIES 12596 12596 2742 2742 17193334 16948454 244880 0 87617015 65457715 2218808 2712214 14537 14537 4890439 26955 61014333 4863484 228171379 259336369 379036072 332384319 5929833 3632873 255805004 255381792 376 46707034 48450107 308442247 307464772 X 70593825 24919547 70593825 24919547 379036072 332384319 X 2181546 -47855824 X X 0 1 X 1 0 X X 1 MATER ACADEMY INC 650857507 2 1 64631 0 1 64631 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4755664 4755664 134775 26955 107820 4863484 RIGHT OF USE ASSET OPERATING 29680922 NOTE RECEIVABLE - FINANCING 13443726 DUE FROM MATER EAST 300000 TRUST ACCOUNT DEPOSIT 220000 NET INVESTMENT IN SALES TYPE LEASE 214938808 DUE FROM MATER ACADEMY INC. 640158 DUE FROM VENDOR 62498 OTHER RECEIVABLES 31838 DUE FROM MATER BAY SCHOOLS 18419 259336369 DUE TO ACADEMICA MANAGEMENT 225000 DUE TO MATER ACADEMY INC. 398705 DEPOSITS LIABILITIES 8070000 DUE TO UMATER 3644 LEASE LIABILITY 33649802 ACCRUAL FOR CONTRUCTION OF LEASED FACILITIES 6102956 48450107 19374880 0 19374880 0 19374880 17193334 0 17193334 0 17193334 1 MATER ACADEMY INC 6340 SUNSET DRIVE MIAMI FL 33143 650857507 501(C)(3) 32000 0 FMV TO SUPPORT EDUCATION 1 SCHOLARSHIPS 9 21000 FMV ENRICHMENT GRANT 5 3899 FMV TEACHER MINI GRANT 26 10324 FMV FORM 990, SCHEDULE I, PART I, LINE 2 THE FOUNDATION WORKS CLOSELY WITH THE GRANT RECIPIENT TO ENSURE THAT THE FUNDS ARE USED FOR THEIR INTENDED PURPOSES. A FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 34061UFY9 2020-10-20 141425138 FUND CAPITAL IMPROVEMENTS, PAID OFF PRIOR TAXABLE BONDS 0 0 0 B FLORIDA DEVELOPMENT FINANCE CORPORATION 593270584 34061UKQ0 2022-04-28 119437432 FUND CAPITAL IMPROVEMENTS, PAID OFF PRIOR TAXABLE BONDS 0 0 0 A 141425138 2443390 117348659 0 1 1 1 B 119437432 7106000 1933951 61270074 0 1 1 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND SIGNED BY THE ORGANIZATION'S AUTHORIZED REPRESENTATIVE. FORM 990, PART VI, SECTION B, LINE 12C A RELATED PARTY QUESTIONNAIRE IS COMPLETED ANNUALLY BY EACH MEMBER. FORM 990, PART VI, SECTION C, LINE 18 THIS INFORMATION IS ALREADY AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DURING THE IMPLEMENTATION OF ASC 842 LEASES IN PRIOR YEAR, THE ORGANIZATION RECOGNIZED A NET PROFIT FROM SALES TYPE LEASES WITH AFFILIATES WHICH DID NOT INCLUDE THE COST TO COMPLETE SEVERAL FACILITIES UNDER CONSTRUCTION. WHEN INCLUDING THE TOTAL ESTIMATED COSTS TO COMPLETE THE LEASED FACILITIES, THE ORGANIZATION'S NET PROFIT FROM SALES TAX LEASES WAS OVERSTATED BY $47,855,824. AS SUCH IT WAS NECESSARY TO RESTATE THE ORGANIZATION'S BEGINNING NET ASSETS. BEGINNING NET ASSETS RESTATEMENT -47,855,824. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION MATER ACADEMY FOUNDATION, INC 6340 SUNSET DRIVE MIAMI, 33143 EMPLOYER IDENTIFICACION NUMBER: 26-3039409 FOR THE YEAR ENDING JUNE 30, 2023 MATER ACADEMY FOUNDATION, INC IS MAKING THE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F) SECTION 1.263(A)-3(N) ELECTION MATER ACADEMY FOUNDATION, INC 6340 SUNSET DRIVE MIAMI, 33143 EMPLOYER IDENTIFICACION NUMBER: 26-3039409 FOR THE YEAR ENDING JUNE 30, 2023 MATER ACADEMY FOUNDATION, INC IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N). MATER ACADEMY INC 6340 SUNSET DRIVE MIAMI FL 33143 650857507 EDUCATIONAL DEVELOPMENT FL 501(C)(3) LINE 2 0 MATER ACADEMY CENTRAL INC 6340 SUNSET DRIVE MIAMI FL 33143 465537120 EDUCATIONAL DEVELOPMENT FL 501(C)(3) LINE 2 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 MATER ACADEMY INC B 32000 FAIR MARKET VALUE MATER ACADEMY INC J 10520518 FAIR MARKET VALUE MATER ACADEMY CENTRAL INC J 2614196 FAIR MARKET VALUE MATER ACADEMY INC S 2638483 FAIR MARKET VALUE MATER ACADEMY INC C 56342 FAIR MARKET VALUE MATER ACADEMY CENTRAL INC C 6595 FAIR MARKET VALUE MATER ACADEMY CENTRAL INC B 4000 FAIR MARKET VALUE