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Filing year 2023

SOMERSET ACADEMY FOUNDATION INC

Pembroke Pines, Florida·EIN 46-4129017·NTEE B11 · Education·3
Total revenue
$3.2M
Total assets
$34.1M
Total expenses
$2.4M
Reported officers
5
Mission

SOMERSET ACADEMY FOUNDATION, INC. SERVES AS A TYPE 1 SUPPORTING ORGANIZATION FOR SOMERSET ACADEMY, INC., A SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION THAT OPERATES CHARTER SCHOOLS IN MIAMI-DADE COUNTY, FLORIDA.

Reported officers (all unpaid)

No paid executives reported in 2023. SOMERSET ACADEMY FOUNDATION INC reported 5 unpaid officers and board members on its 990.

Director, Secretary
President,chairman, Director
Vice President, Director
Treasurer, Director
Director
Financial trend

Revenue and expenses over time

SOMERSET ACADEMY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$1.8M
2022
$3.2M
$2.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Florida

SOMERSET ACADEMY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Florida earns a median of $81,400.

25th percentile
$38k
Median
$81,400
75th percentile
$146k
90th percentile
$242k

These are education sector-wide figures, not this organization's reported pay. Based on 1,281 organizations across 1,281 filings (2021 – 2024).

See full Education pay data for Florida
FAQ

Common questions about SOMERSET ACADEMY FOUNDATION INC

What are SOMERSET ACADEMY FOUNDATION INC's revenue and expenses?

In 2023, SOMERSET ACADEMY FOUNDATION INC reported $3.2M in total revenue and $2.4M in total expenses on its IRS Form 990.

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