2022-03-31T11:05:07-05:00 2021-06-30 204946415 HLB GRAVIER LLP 396 ALHAMBRA CIRCLE SUITE 900 CORAL GABLES FL 331345095 990 2020-07-01 311569428 SOMERSET ACADEMY INC SOME 3056692906 6340 SUNSET DRIVE MIAMI FL 33143 TODD GERMAN BOARD CHAIR 3056692906 2022-03-31 1 TODD GERMAN 999009999 LEONARDO D GRAVIER P00368983 3054463022 2022-03-31 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z TODD GERMAN 6340 SUNSET DRIVE MIAMI FL 33143 293901770 0 X WWW.SOMERSETACADEMYSCHOOLS.COM X 1997 FL 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. 7 7 2676 6828 0 0 240538489 282303148 8845881 10759889 700651 13779 1270539 824954 251355560 293901770 270000 145000 0 0 138475557 143446426 0 0 0 110607934 123223234 249353491 266814660 2002069 27087110 154096220 197106992 77201220 93307762 76895000 103799230 X 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. 0 0 235160484 145000 11598622 PROVIDES EDUCATION FOR CHILDREN FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2021 APROXIMATELY 29,000 STUDENTS WERE ENROLLED. 235160484 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 393 0 1 2676 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ANA MARIA MARTINEZ 3056692906 6340 SUNSET DRIVE MIAMI FL 33143 TODD GERMAN DIRECTOR,CHAIRMAN 2.00 X X 0 0 0 ANA DIAZ DIRECTOR, SECRETARY, VICECHAIRMAN 2.00 X X 0 0 0 BERNARDO MONTERO PRESIDENT 40.00 X X 152752 0 0 SUZETTE RUIZ VICE-PRESIDENT 40.00 X X 116797 0 0 DR BERNARD KIMMEL DIRECTOR 2.00 X 0 0 0 BRIAN MATTHEW COX DIRECTOR 2.00 X 0 0 0 DAVID CONCEPCION DIRECTOR 2.00 X 0 0 0 ATHENA GUILLEN EMPLOYEE 40.00 X 109245 0 0 ALEXANDRA PRIETO EMPLOYEE 40.00 X 112865 0 0 KERRI ANN O'SULLIVAN EMPLOYEE 40.00 X 117595 0 0 DONYALE MCGHEE EMPLOYEE 40.00 X 113079 0 0 DINA MILLER EMPLOYEE 40.00 X 107140 0 0 DENNIS MULROONEY EMPLOYEE 40.00 X 104200 0 0 CORY OLIVER EMPLOYEE 40.00 X 127060 0 0 DANIEL SHOURDS EMPLOYEE 40.00 X 100728 0 0 COURTNEY OLIVER EMPLOYEE 40.00 X 112942 0 0 ANDRE GAINEY EMPLOYEE 40.00 X 102423 0 0 ERIKA RAINS EMPLOYEE 40.00 X 110726 0 0 1487552 0 0 13 0 1 0 ADP TOTAL SOURCE 10200 SW SUNSET DRIVE MIAMI FL 33173 EMPLOYEE LEASING 117214393 IT SAVVY LLC PO BOX 3296 GLEN ELLYN ILLINOIS IL 60138 IT SERVICES PROVIDER 7435964 ACADEMICA BROWARD LLC 6340 SUNSET DRIVE MIAMI FL 33143 EDUCATIONAL SUPPORT PROVIDER 6309019 ACADEMICA DADE LLC 6340 SUNSET DRIVE MIAMI FL 33143 EDUCATIONAL SUPPORT PROVIDER 4885222 BOYNTON SCHOOL PROPERTY LLC 6340 SUNSET DRIVE MIAMI FL 33143 RENTAL PROPERTY LEASING 2375722 93 281830703 472445 282303148 COMMUNITY SERVICES 611710 6994052 6994052 PROGRAM SVCS: INSTRUCTION SERVICE 611710 1971040 1971040 PROGRAM SVCS: E RATE REBATE 611710 623098 623098 PROGRAM SVCS: LUNCH FEES 611710 607604 607604 PROGRAM SVCS: VIRTUAL FEES 611710 562183 562183 1912 1912 10759889 13779 13779 OTHER INCOME 611710 824954 824954 824954 293901770 11598622 0 0 145000 145000 118644356 103393236 15251120 3278878 2788234 490644 21523192 18764956 2758236 11965925 7977283 3988642 282562 282562 717701 270510 447191 9892619 7523223 2369396 173761 173187 574 1632650 1628609 4041 36238956 35809282 429674 123046 90832 32214 2212767 2212767 9645773 9522968 122805 3652985 3636918 16067 SUPPLIES 6759138 6174699 584439 PUBLIC UTILITY SERVICE 5226641 5222562 4079 COMPUTER HARDWARE UNDER 4745198 4716356 28842 REPAIRS & MAINTENANCE 4340082 4340082 25613430 20769780 4843650 266814660 235160484 31654176 0 61912570 75116090 112596 101259 1930271 5921458 122674652 36562493 74113795 86112159 16026988 29856026 154096220 197106992 16001715 20320058 9449845 53825412 43810300 7476108 7939360 11686184 77201220 93307762 X 69340350 95910778 7554650 7888452 76895000 103799230 154096220 197106992 X 27087110 -182880 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13497282 13497282 67071926 12961932 54109994 28111819 17046504 11065315 13993625 6554057 7439568 86112159 DEPOSITS 725183 DUE FROM GOVERNMENTAL AGENCIES 26148652 LONG TERM RECEIVABLE FROM LANDLORD 944719 DUE FROM OTHER DIVISIONS OF S.A. INC 2037472 29856026 ACCRUED RENT PAYABLE 9858111 DUE TO STUDENTS & CLUBS 16219 DUE TO LANDLORD 1797075 DUE TO OTHER DIVISIONS OF SOMERSET ACADEMY INC. 14779 11686184 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EXPLANATION: A NON-DISCRIMATORY STATEMENT IS INCLUDED IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRUBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES A NON DISCRIMINATORY STATEMENT. ADDITIONALLY, A PUBLIC NOTICE IS PUBLISHED EACH YEAR FOR THE LUNCH PROGRAM ON THE LOCAL NEWSPAPER AND TV STATIONS. SCHEDULE E, LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THIS ORGANIZATION RECEIVES GOVERNMENT GRANTS THAT ALLOW IT TO PROVIDE A QUALITY EDUCATION TO ITS STUDENTS. SCHEDULE E, PART I, LINE 4 THIS SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENTS. 1 SOMERSET VIRTUAL ACADEMY INC 6340 SUNSET DRIVE MIAMI FL 33143 901139872 501(C)3 20000 FMV TO SUPPORT EDUCATION SOMERSET ACADEMY ARIZONA INC 8825 N 23RD AVENUE STE 100 PHOENIX AZ 85021 833041155 501(C)3 125000 FMV TO SUPPORT EDUCATION 2 FORM 990, SCHEDULE I, PART I, LINE 2 THE SCHOOL WORKS CLOSELY WITH THE GRANT RECEIPIENTS TO ENSURE THAT THE FUNDS ARE USED FOR THEIR INTENDED PURPOSES. X X 0 0 0 0 0 0 0 0 0 BERNARDO MONTERO PRESIDENT 152752 0 0 0 0 0 0 0 0 0 152752 0 0 0 A MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 591662816 2017-12-06 12000000 FUND CAPITAL IMPROVEMENTS 0 0 0 B ARLINGON HIGHER EDUCATION FINANCE CORPORATION 273906171 041806F70 2021-03-31 44375567 FUND CAPITAL IMPROVEMENTS 0 0 0 A 12000000 12000000 0 0 1 1 B 44375567 2805931 885564 0 0 1 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 3 ACADEMICA DADE LLC, ACADEMICA BROWARD LLC,AND ACADEMICA SOUTHWEST LLC, EDUCATIONAL SERVICE AND SUPPORT PROVIDER COMPANIES, PROVIDE PROFESSIONAL SERVICES AND RELATED SUPPORT TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, ACADEMIC SUPPORT, FACILITY DEVELOPMENT AND COMPLIANCE, HUMAN RESOURCE AND PAYROLL COORDINATION, REGULATORY COMPLIANCE, LEGAL AND CORPORATE UPKEEP, BOOKKEEPING AND ACCOUNTING, BUDGETING, AND FINANCIAL REPORTING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION REVIEWS THE CONTENTS OF THE FORM 990 BEFORE SUBMITTING TO INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THAT ALL OFFICERS AND/OR DIRECTORS DISCLOSE ANY ACTIVITY THAT MAY BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 DURING THE DETERMINATION OF COMPENSATION OF OFFICERS OR KEY EMPLOYEES, THE ORGANIZATION REVIEWS THE OFFICER'S CONTRACT, BUDGET, AND PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 18 THIS INFORMATION IS AVAILABLE TO THE PUBLIC VIA WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: AS OF JULY 1, 2020, THE SCHOOL IMPLEMENTED GASB STATEMENT NO. 84. -182,880. FIDUCIARY ACTIVITIES. THIS STATEMENT ESTABLISHES NEW CRITERIA FOR IDENTIFYING FIDUCIARY ACTIVITIES WHICH, WHEN MET, REQUIRE THAT ACTIVITIES BE REPORTED IN A FIDUCIARY FUND IN THE BASIC FINANCIAL STATEMENTS. ITEMS PREVIOUSLY REPORTED AS PART OF THE AGENCY FUND CLASSIFICATION OF THE FIDUCIARY FUND STATEMENTS WERE REVIEWED TO EVALUATE IF THEY MET THE NEW CUSTODIAL FUNDS CRITERIA. THE SCHOOL IDENTIFIED THE SCHOOL'S INTERNAL ACCOUNT AS NON-FIDUCIARY AND RE-CATEGORIZED THEM AS ASSIGNED IN THE SPECIAL REVENUE FUND. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HABOR ELECTION SOMERSET ACADEMY INC 6340 SUNSET DRIVE MIAMI, FL 33143 EIN:31-1569428 FOR THE YEAR ENDING JUNE 30, 2021 SOMERSET ACADEMY INC IS MAKING THE MINIMIS SAFE HABOR ELECTION UNDER REG.SEC.1.263(A)-1(F). SECTION 1.263(A)-1(N) ELECTION SOMERSET ACADEMY INC 6340 SUNSET DRIVE MIAMI, FL 33143 EIN:31-1569428 FOR THE YEAR ENDING JUNE 30, 2021 SOMERSET ACADEMY INC IS ELECTING TO CAPITALIZE REPAIRS AND MAINTENANCE COSTS UNDER REG.SEC.1.263(A)-1(N). SOMERSET ACADEMY FOUNDATION INC 20805 JOHNSON ST PEMBROKE PINES FL 33029 464129017 EDUCATIONAL SUPPORT FL 501(C)(3) LINE 12A, I NO 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 SOMERSET ACADEMY FOUNDATION K 1418244 FAIR MARKET VALUE SOMERSET ACADEMY FOUNDATION S 143801 FAIR MARKET VALUE