Nonprofit · EIN 59-2663620
THE MASTERS ACADEMY OF CENTRAL FLORIDA INC
Tax-exempt · OVIEDO, FL 32765
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $21,814,947 | $20,043,024 | $1,771,923 | $25,967,622 | $14,704,674 | $11,262,948 |
| June 30, 2024 | 990 | $20,713,896 | $19,906,856 | $807,040 | $26,153,720 | $15,654,403 | $10,499,317 |
| June 30, 2023 | 990 | $19,059,856 | $19,212,874 | -$153,018 | $25,998,417 | $16,548,625 | $9,449,792 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,667,281
- Program service revenue
- $18,100,106
- Investment income
- $24,049
- Net gain from sales of assets
- -$353
- Net income from fundraising events
- $23,511
- Other revenue
- $23,511
Expenses
- Grants and similar amounts paid
- $3,910,162
- Compensation of officers, directors and key employees
- $435,544
- Other salaries and wages
- $8,398,951
- Salaries, compensation and benefits (total)
- $10,618,660
- Professional fundraising fees
- $0
- Legal fees
- $25,899
- Accounting fees
- $86,373
- Occupancy
- $1,853,711
- Travel
- $92,867
- Depreciation
- $453,757
- Program services (functional)
- $17,108,730
- Management and general (functional)
- $2,713,795
- Fundraising (functional)
- $220,499
Balance sheet and other
- Total assets, start of year
- $26,153,720
- Total assets, end of year
- $25,967,622
- Total liabilities, end of year
- $14,704,674
- Net assets, end of year
- $11,262,948
- Land, buildings and equipment
- $2,285,430
- Net assets without donor restrictions
- $11,262,948
- Gross receipts
- $21,855,208
- Employees
- 322
- Volunteers
- 275
- Year formed
- 1986
- 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 | Other / benefits |
|---|---|---|---|---|
| Dr William Harris | Former Interim Head of School Former | 50 | $198,638 | $10,310 |
| Jade Matthews | CFO Officer | 45 | $133,357 | $27,527 |
| Darryl De Ruiter | Head of School Officer | 50 | $147,915 | $9,129 |
| Mike Macbeth | LS Teacher/Ath. Dir./Camp Dir. Highest-paid employee | 40 | $118,047 | $13,921 |
| Trevor Berryhill | Director of Athletics Highest-paid employee | 40 | $107,299 | $9,590 |
| Marcus Mennenga | Director of Advancement Highest-paid employee | 40 | $104,830 | $11,993 |
| Michael Fernandes | High School Principal Highest-paid employee | 40 | $102,981 | $599 |
| Dr Timothy Pursley | Chairman/Director Trustee or director, Officer | 2 | $0 | $0 |
| Dr Bradley Jahnke | Vice Chairman/Sec./Dir. Trustee or director, Officer | 1 | $0 | $0 |
| Yiqiang Dennis Wen | Treasurer/Dir. Trustee or director, Officer | 1 | $0 | $0 |
| Lori Ross | Director Trustee or director | 1 | $0 | $0 |
| Dr Deena Slockett | Director Trustee or director | 1 | $0 | $0 |
| Michael Booth | Director (began 7/24) Trustee or director | 1 | $0 | $0 |
| Ethan Olberding | Director (began 7/24) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Dana Dionne | Head of School (End 11/23) Officer | 50 | $314,353 | $17,123 |
| Jade Matthews | CFO Officer | 45 | $115,004 | $27,142 |
| Mike Macbeth | LS Teacher/Ath. Dir./Camp Dir. Highest-paid employee | 40 | $109,371 | $14,104 |
| Marcus Mennenga | Director of Advancement Highest-paid employee | 40 | $100,320 | $11,752 |
| Trevor Berryhill | Director of Athletics Highest-paid employee | 40 | $100,791 | $9,763 |
| Dr William Harris | Interim HOS (1/24 - 6/24) Officer | 50 | $0 | $8,560 |
| Dr Timothy Pursley | Chairman/Director Trustee or director, Officer | 2 | $0 | $0 |
| Dr Bradley Jahnke | Vice Chairman/Sec./Dir. Trustee or director, Officer | 1 | $0 | $0 |
| Yiqiang Dennis Wen | Treasurer/Dir. Trustee or director, Officer | 1 | $0 | $0 |
| Lori Ross | Director Trustee or director | 1 | $0 | $0 |
| Dr Deena Slockett | Director Trustee or director | 1 | $0 | $0 |
| Darryl De Ruiter | Head of School (Beg 6/24) Officer | 50 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Dana Dionne | Head of School Officer | 50 | $214,585 | $19,518 |
| Dr William Harris | Former President Former | 0 | $200,000 | $10,553 |
| Mike Macbeth | LS Teacher/Ath. Dir./Camp Dir. Highest-paid employee | 40 | $120,821 | $14,654 |
| Jade Matthews | CFO Officer | 45 | $106,064 | $27,423 |
| Dr Timothy Pursley | Chairman/Director Trustee or director, Officer | 2 | $0 | $0 |
| Dr Bradley Jahnke | Vice Chairman/Sec./Dir. Trustee or director, Officer | 1 | $0 | $0 |
| Lori Ross | Director Trustee or director | 1 | $0 | $0 |
| Dr Deena Slockett | Director Trustee or director | 1 | $0 | $0 |
| Yiqiang Dennis Wen | Treasurer/Dir. (Began 09/22) Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 LUKAS LN, OVIEDO, FL 32765-6629
- Principal officer (990 for 2024)
- Darryl De Ruiter, 1500 Lukas Lane, Oviedo, FL 32765
- Signed the 990
- Darryl De Ruiter, Head of School
- Phone
- (407) 971-2221
- Website
- www.mastersacademy.org
- Return prepared by
- Batts Morrison Wales and Lee PA
Mission
Operation of a non-profit Christian preschool, elementary, and secondary school.
Program accomplishments
- The Master's Academy operates a private, non-profit, college-preparatory, non-denominational Christian preschool, elementary, and secondary school.Expenses $17,108,730 · grants $3,910,162 · revenue $18,100,106
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. 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
- 59-2663620
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Not required (church)
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $25,967,622
- Income (IRS master file)
- $21,855,208
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $21,814,947 | $20,043,024 | $25,967,622 | XML |
| 990 | June 2024 | $20,713,896 | $19,906,856 | $26,153,720 | XML |
| 990 | June 2023 | $19,059,856 | $19,212,874 | $25,998,417 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 59-2663620).
Questions about THE MASTERS ACADEMY OF CENTRAL FLORIDA INC
- What is the EIN of THE MASTERS ACADEMY OF CENTRAL FLORIDA INC?
- The employer identification number (EIN) of THE MASTERS ACADEMY OF CENTRAL FLORIDA INC is 59-2663620.
- Is THE MASTERS ACADEMY OF CENTRAL FLORIDA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to THE MASTERS ACADEMY OF CENTRAL FLORIDA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE MASTERS ACADEMY OF CENTRAL FLORIDA INC file?
- Form Not required (church). Churches are not required to file.
- When is the next return of THE MASTERS ACADEMY OF CENTRAL FLORIDA 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 THE MASTERS ACADEMY OF CENTRAL FLORIDA 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 THE MASTERS ACADEMY OF CENTRAL FLORIDA INC?
- The 990 for the year ended June 30, 2025 names Darryl De Ruiter.
- Who are the officers and directors of THE MASTERS ACADEMY OF CENTRAL FLORIDA INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 7 received compensation from the organization, the highest $198,638 (Dr William Harris, Former Interim Head of School).
- How much revenue does THE MASTERS ACADEMY OF CENTRAL FLORIDA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $21,814,947, expenses of $20,043,024 and total assets of $25,967,622 at year end.
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