Overview
What is Mater Academy Central Inc?
Mater Academy Central Inc, situated at 3200 Pleasant Hill Road in Kissimmee, Florida, is a nonprofit educational institution serving students from kindergarten to eighth grade. Approximately 2648 students were enrolled during the fiscal year ending June 30, 2022. Their mission is to provide an innovative and rigorous college preparatory curriculum, fostering a community of self-reflective, confident, and purpose-driven critical thinkers. The vision of Mater Academy Central Inc is to offer the best educational choice, inspiring students to positively impact the world. With a workforce of 314 employees, the organization is dedicated to transforming the lives of its students through a rich and engaging learning experience.
Official website here: www.materbrightonlakes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Mater Academy Central Inc has received an overall rating of 81%, reflecting a solid standing in terms of accountability and finance. This score is derived from a comprehensive evaluation focusing solely on financial practices, indicating that the organization maintains a high level of transparency and governance. The charity's strong performance in areas like board independence and financial oversight suggests a commitment to ethical management.
The organization has achieved a full score in several critical categories, including the majority of independent board members and robust audit and oversight committees. Furthermore, it has demonstrated effective financial health with an impressive program expense ratio of 88.44%, showing that a significant portion of its funds is directed towards its mission-related activities.
However, the rating also highlights a notable concern regarding its liabilities to assets ratio, which scored 0 out of 15 points. This indicates potential financial risk that may require closer monitoring. Overall, while Mater Academy Central Inc is rated positively for its governance, stakeholders should remain aware of its financial leverage to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mater Academy Central Inc legitimate?
Mater Academy Central Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mater Academy Central Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $10,424,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.materbrightonlakes.com
What is the mission statement of Mater Academy Central Inc?
Mater Academy Central Inc is dedicated to offering a top-tier educational experience that caters to the insatiable thirst for knowledge. Through an innovative and rigorous college-preparatory curriculum, the institution aspires to foster a community of engaged, well-rounded critical thinkers. Mater Academy Central Inc aims to instill in each student a strong sense of purpose, inspiring them to make a positive impact on the world. Additionally, the institution encourages students to reflect on their personal growth and to build self-confidence.
Official website here: www.materbrightonlakes.com
Who is the CEO of Mater Academy Central Inc?
Roberto C Blanch is the Vice Chair, Director of Mater Academy Central Inc.
Official website here: www.materbrightonlakes.com
What is the revenue of Mater Academy Central Inc?
Mater Academy Central Inc's revenue in 2022 was $27,041,064.
Official website here: www.materbrightonlakes.com
Who are the executives of Mater Academy Central Inc and what are their salaries?
The average compensation at Mater Academy Central Inc during 2022 was $33,198. There are 314 employees and 89 volunteers at Mater Academy Central Inc.
Here are 9 key members and their salaries:
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- Compensation: $158,436
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- Compensation: $110,858
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Official website here: www.materbrightonlakes.com
Where can I find the form 990 for Mater Academy Central Inc?
Mater Academy Central Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.materbrightonlakes.com
Learn more at the official website: www.materbrightonlakes.com
Mission Statement of Mater Academy Central Inc
Mater Academy Central Inc, a visionary educational institution, strives to offer the finest educational experience, nurturing the natural thirst for knowledge in students through an innovative and rigorous college preparatory curriculum. The organization's primary objective is to cultivate a community of engaged, well-rounded critical thinkers. By providing a rich learning environment, Mater Academy Central Inc aims to instill in each student a strong sense of purpose, empowering them to positively impact the world. The institution encourages self-reflection and confidence, fostering an atmosphere where students are encouraged to grow into responsible and productive members of society.
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Impact
October, 2024
Mater Academy Central Inc significantly impacts the community by providing a robust educational framework that emphasizes innovation and rigor. Catering to students from kindergarten through eighth grade, the institution serves around 2,648 students, fostering a learning environment that prioritizes critical thinking and engagement.
The curriculum is designed to prepare students for future academic challenges while instilling a strong sense of purpose and community involvement. By encouraging self-reflection and confidence, Mater Academy seeks to develop well-rounded individuals who are not only knowledgeable but also equipped to make positive contributions to society. This focus on comprehensive education helps cultivate a new generation of informed citizens poised to impact the world positively.
This information is meant to be a general summary of Mater Academy Central Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,918
- Program Service Revenue: $1,047,009
- Gross Receipts: $27,041,064
Assets and Liabilities:
- Total Assets: $56,599,415
- Total Liabilities: $56,979,830
- Net Assets: -$380,415
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES: COMMUNITY SERVICES
Revenue
$453,797
AFTERCARE
Revenue
$447,180
FEES: FOOD SERVICES
Revenue
$142,214
OPERATION OF PLANT
Revenue
$3,818
Organization Details
Founding Year
2015
Phone
(561) 650-0551Principal Officer
Roberto C Blanch
Main Address
3200 PLEASANT HILL ROAD, KISSIMMEE, FL, 34746
Website
www.materbrightonlakes.comNTEE Category
Code: B29 - Education
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