EIN 31-1569428

Somerset Virtual Academy

IRS 501(c) type
501(c)(3)
Num. employees
4,190
City
State
Year formed
1997
Most recent tax filings
2024-06-01
NTEE code, primary
Description
Somerset Virtual Academy is a private and accredited premier online school for students in grades 6-12. They are part of the Somerset Academy school system, which is accredited by SACS, and their courses are aligned to state and national standards.
Also known as...
Somerset Academy
Total revenues
$498,370,221
2024
Total expenses
$378,607,558
2024
Total assets
$640,918,206
2024
Num. employees
4,190
2024

Program areas at Somerset Virtual Academy

Provides education for children from pre-kindergarten through twelfth grade. For the fiscal year ended june 30, 2024 32,050 students were enrolled.

Who funds Somerset Virtual Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Somerset Academy FoundationTo Help the School Provide Quality Facilities for Its Students$321,300
50canTo Support Summer Boost$279,562
Somi VipTo Provide Financial Support To Somerset Academy South Miami.$208,000
...and 5 more grants received

Personnel at Somerset Virtual Academy

NameTitleCompensation
Ana MartinezChief Financial Officer
Todd GermanBoard Chair and Treasurer$0
Bernardo MonteroPresident$227,380

Financials for Somerset Virtual Academy

RevenuesFYE 06/2024
Total grants, contributions, etc.$451,103,972
Program services$26,668,525
Investment income and dividends$10,634,011
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,963,713
Total revenues$498,370,221

Form 990s for Somerset Virtual Academy

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-20990View PDF
2022-062023-03-30990View PDF
2021-062022-03-31990View PDF
2020-062021-04-14990View PDF
2019-062020-09-15990View PDF
...and 9 more Form 990s

Organizations like Somerset Virtual Academy

OrganizationLocationRevenue
Pinecrest AcademyMiami, FL$184,899,234
Harmony Public SchoolsHouston, TX$599,382,307
Kipp Socal Public SchoolsLos Angeles, CA$213,628,834
Noble SchoolsChicago, IL$240,875,457
Alliance College-Ready Public SchoolsPasadena, CA$283,253,257
Success Academy Charter SchoolsNew York, NY$143,889,167
BASIS Charter SchoolsScottsdale, AZ$171,578,829
Team Academy Charter SchoolNewark, NJ$156,931,250
Kipp Nyc Public Charter SchoolsNew York, NY$149,020,840
Commonwealth Charter Academy Charter School (CCA)Harrisburg, PA$420,814,404
Data update history
January 19, 2025
Received grants
Identified 3 new grant, including a grant for $279,562 from 50can
August 10, 2024
Received grants
Identified 3 new grant, including a grant for $208,000 from Somi Vip
June 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $75,000 from Somerset Academy Arizona
January 24, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Receives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
6340 Sunset Dr
Miami, FL 33143
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Website URL
somersetacademyschools.com/ 
IRS details
EIN
31-1569428
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Central organization
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