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Nonprofit · EIN 26-3039409

MATER ACADEMY FOUNDATION INC

Tax-exempt · MIAMI, FL 33143

Financials

$19.4M$17.2M2022$21.6M$24.4M2023$21.2M$39.4M2024
Revenue Expenses · by fiscal year end
Financials of MATER ACADEMY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$21,190,707$39,420,167-$18,229,460$314,916,537$311,085,090$3,831,447
June 30, 2024990$21,553,239$24,411,879-$2,858,640$336,431,838$314,370,931$22,060,907
June 30, 2023990$19,374,880$17,193,334$2,181,546$332,384,319$307,464,772$24,919,547
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$73,868
Program service revenue
$19,208,969
Investment income
$1,907,870
Tax-exempt bond proceeds
$1,907,870
Other revenue
$0

Expenses

Grants and similar amounts paid
$79,670
Compensation of officers, directors and key employees
$79,140
Salaries, compensation and benefits (total)
$88,239
Professional fundraising fees
$0
Legal fees
$64,413
Accounting fees
$35,780
Occupancy
$3,997,055
Depreciation
$26,955
Program services (functional)
$39,256,035
Management and general (functional)
$164,132

Balance sheet and other

Total assets, start of year
$336,431,838
Total assets, end of year
$314,916,537
Total liabilities, end of year
$311,085,090
Net assets, end of year
$3,831,447
Land, buildings and equipment
$8,459,506
Net assets without donor restrictions
$3,831,447
Gross receipts
$21,190,707
Employees
1
Volunteers
0
Year formed
2009
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHANNIE SADESKYDIRECTOR
Trustee or director
2$0
CHRISTIAN C CROUSILLATDIRECTOR, VICE PRESIDENT, CHAIRMAN
Trustee or director, Officer
2$0
IDALIA SUAREZDIRECTOR, SECRETARY
Trustee or director, Officer
2$0
MARIA BEATRIZ NUNEZDIRECTOR
Trustee or director
2$0
ROBERTO BLANCHPRESIDENT
Officer
2$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
SHANNIE SADESKYDIRECTOR
Trustee or director
2$0
CHRISTIAN C CROUSILLATDIRECTOR, VICE PRESIDENT, CHAIRMAN
Trustee or director, Officer
2$0
IDALIA SUAREZDIRECTOR, SECRETARY
Trustee or director, Officer
2$0
MARIA BEATRIZ NUNEZDIRECTOR
Trustee or director
2$0
ROBERTO BLANCHPRESIDENT
Officer
2$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
ROBERTO BLANCHPRESIDENT
Trustee or director, Officer
2$0
SHANNIE SADESKYDIRECTOR
Trustee or director
2$0
CHRISTIAN C CROUSILLATDIRECTOR, VICE PRESIDENT, CHAIRMAN
Trustee or director, Officer
2$0
IDALIA SUAREZDIRECTOR, SECRETARY
Trustee or director, Officer
2$0
MARIA BEATRIZ NUNEZDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
6340 SUNSET DR, MIAMI, FL 33143-4836
In care of
% ANTONIO L ROCA
Principal officer (990 for 2024)
ROBERTO BLANCH, 6340 SUNSET DRIVE, MIAMI, FL 33143
Signed the 990
ROBERTO BLANCH, PRESIDENT
Phone
(305) 669-2906
Return prepared by
HLB GRAVIER LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • MATER ACADEMY FOUNDATION INC PROVIDES SUPPORT TO MATER ACADEMY CHARTER SCHOOL TO ENCHANCE AND MAXIMIZE THE EDUCATION EXPERIENCE FOR EVERY CHILD ENROLLED. THE MATER ACADEMY FOUNDATION STRIVES TO ENRICH THE LIVES OF MATER STUDENTS, TEACHERS AND PARENTS BY PROVIDING SCHOLARSHIP FOR ENHANCED EDUCATIONAL OPPORTUNITIES AND FUNDING FOR OUTREACH. MATER ACADEMY FOUNDATION PROVIDES FUNDING FOR COLLEGE SCHOLARSHIPS, SUMMER ENRICHMENT GRANTS, COLLEGE TOURS, TEACHER MINI-GRANTS, FIELD TRIPS, UNIFORM ASSISTANCE, BACKPACKS AND SCHOOL SUPPLIES, SPECIAL PROJECTS AND OTHER COMMUNITY INITIATIVES.
    Expenses $39,256,035 · revenue $21,116,839

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-3039409
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$314,916,537
Income (IRS master file)
$21,190,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$21,190,707$39,420,167$314,916,537XML
990June 2024$21,553,239$24,411,879$336,431,838IRS
990June 2023$19,374,880$17,193,334$332,384,319XML
990June 2022$64,349,125$10,812,456$379,036,072IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3039409).

Questions about MATER ACADEMY FOUNDATION INC

What is the EIN of MATER ACADEMY FOUNDATION INC?
The employer identification number (EIN) of MATER ACADEMY FOUNDATION INC is 26-3039409.
Is MATER ACADEMY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to MATER ACADEMY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MATER ACADEMY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MATER ACADEMY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MATER ACADEMY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MATER ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names ROBERTO BLANCH.
Who are the officers and directors of MATER ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does MATER ACADEMY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $21,190,707, expenses of $39,420,167 and total assets of $314,916,537 at year end.

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