Nonprofit · EIN 31-1569428
SOMERSET ACADEMY INC
Tax-exempt · SAN ANTONIO, TX 78230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $429,843,272 | $395,085,035 | $34,758,237 | $665,247,185 | $389,647,431 | $275,599,754 |
| June 30, 2024 | 990 | $498,370,221 | $378,607,558 | $119,762,663 | $640,918,206 | $400,076,689 | $240,841,517 |
| June 30, 2023 | 990 | $372,140,972 | $355,265,196 | $16,875,776 | $546,057,670 | $424,978,816 | $121,078,854 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $395,960,871
- of which government grants
- $395,372,669
- Program service revenue
- $23,771,609
- Investment income
- $9,346,938
- Other revenue
- $763,854
Expenses
- Grants and similar amounts paid
- $125,000
- Other salaries and wages
- $180,797,113
- Salaries, compensation and benefits (total)
- $216,698,770
- Professional fundraising fees
- $0
- Legal fees
- $914,236
- Accounting fees
- $969,388
- Occupancy
- $49,680,626
- Travel
- $1,266,169
- Depreciation
- $10,183,674
- Program services (functional)
- $352,324,323
- Management and general (functional)
- $42,760,712
Balance sheet and other
- Total assets, start of year
- $640,918,206
- Total assets, end of year
- $665,247,185
- Total liabilities, end of year
- $389,647,431
- Net assets, end of year
- $275,599,754
- Land, buildings and equipment
- $85,204,770
- Net assets without donor restrictions
- $256,770,043
- Net assets with donor restrictions
- $18,829,711
- Gross receipts
- $429,843,272
- Employees
- 4,252
- Volunteers
- 6,953
- Year formed
- 1997
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERNARDO MONTERO | PRESIDENT Officer | 40 | $245,726 |
| KERRI ANN O'SULLIVAN | EMPLOYEE Highest-paid employee | 40 | $224,000 |
| SUZETTE RUIZ | VICE-PRESIDENT Officer | 40 | $210,250 |
| CECILIA GUILARTE | EMPLOYEE Highest-paid employee | 40 | $178,094 |
| ALEXANDRA PRIETO | EMPLOYEE Highest-paid employee | 40 | $167,352 |
| ERIKA RAINS | EMPLOYEE Highest-paid employee | 40 | $167,023 |
| DONYALE MCGHEE | EMPLOYEE Highest-paid employee | 1 | $165,049 |
| TODD GERMAN | DIRECTOR, CHAIRMAN & TREASURER Trustee or director, Officer | 2 | $0 |
| ANA DIAZ | DIRECTOR, SECRETARY & VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| BRIAN MATTHEW COX | DIRECTOR Trustee or director | 2 | $0 |
| DAVID CONCEPCION | DIRECTOR Trustee or director | 2 | $0 |
| TAYLOR SMITH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 54 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERNARDO MONTERO | PRESIDENT Officer | 40 | $238,303 |
| KERRI ANN | EMPLOYEE Highest-paid employee | 40 | $215,708 |
| SUZETTE RUIZ | VICE-PRESIDENT Officer | 2 | $203,292 |
| PRIETO ALEXANDRA | EMPLOYEE Highest-paid employee | 40 | $161,093 |
| ERIKA RAINS | EMPLOYEE Highest-paid employee | 40 | $160,886 |
| DONYALE MCGHEE | EMPLOYEE Highest-paid employee | 40 | $158,778 |
| DINA MILLER | EMPLOYEE Highest-paid employee | 40 | $148,992 |
| ATHENA GUILLEN | EMPLOYEE Highest-paid employee | 40 | $145,416 |
| WILLIAMS OLATUNJI | EMPLOYEE Highest-paid employee | 40 | $142,298 |
| DENNIS MULROONEY | EMPLOYEE Highest-paid employee | 40 | $139,679 |
| GEORGE GROEZINGER | EMPLOYEE Highest-paid employee | 40 | $136,567 |
| CASTRO GEYLER HERRERA | EMPLOYEE Highest-paid employee | 40 | $136,130 |
| SAILI HERNANDEZ | EMPLOYEE Highest-paid employee | 40 | $132,658 |
| JESSICA MESA | EMPLOYEE Highest-paid employee | 40 | $126,166 |
| MARY STUART | EMPLOYEE Highest-paid employee | 40 | $124,044 |
| COSIO LAYDA | EMPLOYEE Highest-paid employee | 40 | $120,673 |
| IBER KARINA | EMPLOYEE Highest-paid employee | 40 | $117,983 |
| CHRISTINA BOVO-CAMUS | EMPLOYEE Highest-paid employee | 40 | $116,947 |
| SONIA ANDREU | EMPLOYEE Highest-paid employee | 40 | $116,768 |
| CANAS MARIA CRISTINA | EMPLOYEE Highest-paid employee | 40 | $116,027 |
| CAMPBELL MARGARET | EMPLOYEE Highest-paid employee | 40 | $115,553 |
| TREDOR TIMOTHY | EMPLOYEE Highest-paid employee | 40 | $115,448 |
| MICHAEL AMENDOLA | EMPLOYEE Highest-paid employee | 40 | $112,945 |
| ROACH JOANN | EMPLOYEE Highest-paid employee | 40 | $112,924 |
| MORFA CARIDAD | EMPLOYEE Highest-paid employee | 40 | $112,870 |
| LISA ALAMO | EMPLOYEE Highest-paid employee | 40 | $111,028 |
| SANCHEZ JULIE | EMPLOYEE Highest-paid employee | 40 | $110,520 |
| SAURI ELIZABETH | EMPLOYEE Highest-paid employee | 40 | $108,787 |
| LISA KLEIN | EMPLOYEE Highest-paid employee | 40 | $107,840 |
| STEWART CHRISTINE | EMPLOYEE Highest-paid employee | 40 | $107,806 |
| LISA SANTIAGO | EMPLOYEE Highest-paid employee | 40 | $107,510 |
| THOMAS ROMPELLA | EMPLOYEE Highest-paid employee | 40 | $107,033 |
| TOKAN ASHLEY | EMPLOYEE Highest-paid employee | 40 | $106,014 |
| MENENDEZ MAGALY | EMPLOYEE Highest-paid employee | 40 | $105,940 |
| MACIAS LAKISHA ESTHER | EMPLOYEE Highest-paid employee | 40 | $105,906 |
| RUSSO L | EMPLOYEE Highest-paid employee | 40 | $105,732 |
| FYE SARAH | EMPLOYEE Highest-paid employee | 40 | $105,625 |
| BOITEUX PATRICIA | EMPLOYEE Highest-paid employee | 40 | $105,467 |
| CHAVEZ AIMEE | EMPLOYEE Highest-paid employee | 40 | $104,804 |
| HEIT KRISTINA | EMPLOYEE Highest-paid employee | 40 | $103,514 |
| CARDOSO CHRISTIE | EMPLOYEE Highest-paid employee | 40 | $102,952 |
| PESTANA DANAI | EMPLOYEE Highest-paid employee | 40 | $102,917 |
| GARCIA JENNIFER | EMPLOYEE Highest-paid employee | 40 | $101,851 |
| GARCIA JACQUELINE | EMPLOYEE Highest-paid employee | 40 | $101,254 |
| GREENBERG GAYLE | EMPLOYEE Highest-paid employee | 40 | $101,203 |
| SANTANA MARTHA | EMPLOYEE Highest-paid employee | 40 | $101,140 |
| DUARTE VIVIAN | EMPLOYEE Highest-paid employee | 40 | $100,917 |
| ANDRADE CAROLYN | EMPLOYEE Highest-paid employee | 40 | $100,433 |
| SOCAS CRISTINA | EMPLOYEE Highest-paid employee | 40 | $100,377 |
| TODD GERMAN | DIR,CHAIRMAN,TREASURE Trustee or director, Officer | 2 | $0 |
| ANA DIAZ | DIR, SECRETARY, VICEC Trustee or director, Officer | 2 | $0 |
| BRIAN MATTHEW COX | DIRECTOR Trustee or director | 2 | $0 |
| DAVID CONCEPCION | DIRECTOR Trustee or director | 2 | $0 |
| TAYLOR SMITH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 33 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERNARDO MONTERO | PRESIDENT Officer | 40 | $227,380 |
| KERRI ANN | EMPLOYEE Highest-paid employee | 40 | $183,333 |
| SUZETTE RUIZ | VICE-PRESIDENT Officer | 2 | $159,495 |
| CECILIA GUILARTE | EMPLOYEE Highest-paid employee | 40 | $152,402 |
| CLINT DUVO | EMPLOYEE Highest-paid employee | 40 | $144,331 |
| DONYALE MCGHEE | EMPLOYEE Highest-paid employee | 40 | $143,447 |
| ERIKA RAINS | EMPLOYEE Highest-paid employee | 40 | $141,479 |
| ATHENA GUILLEN | EMPLOYEE Highest-paid employee | 40 | $140,767 |
| DENNIS MULROONEY | EMPLOYEE Highest-paid employee | 40 | $128,288 |
| DINA MILLER | EMPLOYEE Highest-paid employee | 40 | $126,210 |
| ANDRE GAINEY | EMPLOYEE Highest-paid employee | 40 | $125,191 |
| WALKIRIA SOBERON | EMPLOYEE Highest-paid employee | 40 | $124,175 |
| ANTHONY MARUCCI | EMPLOYEE Highest-paid employee | 40 | $123,332 |
| WILLIAMS OLATUNJI | EMPLOYEE Highest-paid employee | 40 | $121,395 |
| DANIEL SHOURDS | EMPLOYEE Highest-paid employee | 40 | $119,560 |
| GEORGE GROEZINGER | EMPLOYEE Highest-paid employee | 40 | $117,928 |
| KIONNIE MAURA | EMPLOYEE Highest-paid employee | 40 | $114,878 |
| MICHAEL AMENDOLA | EMPLOYEE Highest-paid employee | 40 | $114,689 |
| LISA ALAMO | EMPLOYEE Highest-paid employee | 40 | $112,238 |
| CHRISTINA BOVO-CAMUS | EMPLOYEE Highest-paid employee | 40 | $111,090 |
| JESSICA MESA | EMPLOYEE Highest-paid employee | 40 | $110,534 |
| MARY STUART | EMPLOYEE Highest-paid employee | 40 | $110,289 |
| SAILI HERNANDEZ | EMPLOYEE Highest-paid employee | 40 | $108,313 |
| SONIA ANDREU | EMPLOYEE Highest-paid employee | 40 | $104,759 |
| ANGELA NUNEZ | EMPLOYEE Highest-paid employee | 40 | $104,703 |
| LISA SANTIAGO | EMPLOYEE Highest-paid employee | 40 | $103,253 |
| THOMAS ROMPELLA | EMPLOYEE Highest-paid employee | 40 | $102,508 |
| LISA KLEIN | EMPLOYEE Highest-paid employee | 40 | $101,197 |
| CHRISTINA AYO | EMPLOYEE Highest-paid employee | 40 | $101,037 |
| TODD GERMAN | DIRECTOR,CHAIRMAN,TREASURE Trustee or director, Officer | 2 | $0 |
| ANA DIAZ | DIRECTOR, SECRETARY, VICEC Trustee or director, Officer | 2 | $0 |
| BRIAN MATTHEW COX | DIRECTOR Trustee or director | 2 | $0 |
| DAVID CONCEPCION | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4802 VANCE JACKSON RD, SAN ANTONIO, TX 78230-5259
- Principal officer (990 for 2024)
- TODD GERMAN, 6340 SUNSET DRIVE, MIAMI, FL 33143
- Signed the 990
- TODD GERMAN, BOARD CHAIR
- Phone
- (305) 669-2906
- Return prepared by
- HLB GRAVIER LLP
Mission
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.
Program accomplishments
- PROVIDES EDUCATION FOR CHILDREN FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2025 33,000 STUDENTS WERE ENROLLED.Expenses $352,324,323 · grants $125,000 · revenue $33,882,401
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1569428
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20Z)
- Assets (IRS master file)
- $665,247,185
- Income (IRS master file)
- $429,843,272
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $429,843,272 | $395,085,035 | $665,247,185 | XML |
| 990 | June 2024 | $498,370,221 | $378,607,558 | $640,918,206 | XML |
| 990 | June 2023 | $372,140,972 | $355,265,196 | $546,057,670 | XML |
| 990 | June 2022 | $324,310,430 | $320,728,209 | $514,166,798 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 31-1569428).
Questions about SOMERSET ACADEMY INC
- What is the EIN of SOMERSET ACADEMY INC?
- The employer identification number (EIN) of SOMERSET ACADEMY INC is 31-1569428.
- Is SOMERSET ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to SOMERSET ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOMERSET ACADEMY 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 SOMERSET ACADEMY 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 SOMERSET ACADEMY 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 SOMERSET ACADEMY INC?
- The 990 for the year ended June 30, 2025 names TODD GERMAN.
- Who are the officers and directors of SOMERSET ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 7 received compensation from the organization, the highest $245,726 (BERNARDO MONTERO, PRESIDENT).
- How much revenue does SOMERSET ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $429,843,272, expenses of $395,085,035 and total assets of $665,247,185 at year end.
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