2017-03-16T17:38:33-05:00 2016-06-30 204946415 HLB GRAVIER LLP 396 ALHAMBRA CIRCLE SUITE 900 CORAL GABLES FL 331345095 990 2015-07-01 311569428 SOMERSET ACADEMY INC SOME 3056692906 6340 SUNSET DRIVE MIAMI FL 33143 ANA MARIA MARTINEZ AUTHORIZED REPRESENTATIVE 3056692906 2017-03-16 1 LEONARDO D GRAVIER P00368983 3054463022 2015 2021-01-29 14:40:06Z BERNARDO MONTERO SAME AS ABOVE MIAMI FL 33143 153990848 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. 10 10 2386 5990 0 0 126756690 140353126 7350357 6358827 -6141 26839 384940 939637 134485846 147678429 81000 0 0 0 65607864 71094980 0 0 0 62847188 66439228 128536052 137534208 5949794 10144221 57122622 68779637 12685904 14198698 44436718 54580939 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 117119245 7274496 PROVIDES EDUCATION FOR CHILDREN FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE. FOR THE FISCAL YEAR ENDED JUNE 30, 2016 17,400 STUDENTS WERE ENROLLED. 117119245 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 113 0 1 2386 1 0 0 0 0 0 0 0 0 X 10 10 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 LOURDES ISLA DIRECTOR,CHAIRMAN 2.00 X 0 0 0 TODD GERMAN TREASURER 2.00 X X 0 0 0 LOUIS MARIN DIRECTOR 1.00 X 0 0 0 DAVID CONCEPCION DIRECTOR 10.00 X 0 0 0 ANA DIAZ DIRECTOR, SECRETARY 1.00 X X 0 0 0 TONY MORALES DIRECTOR 1.00 X 0 0 0 BERNARDO MONTERO PRESIDENT 40.00 X X 187479 0 0 JENNIFER ESQUIJAROSA DIRECTOR 1.00 X 0 0 0 SUZETTE RUIZ VICE-PRESIDENT 40.00 X X 139896 0 0 GEORGE OZUNA DIRECTOR 1.00 X 0 0 0 KIM GUILARTE EMPLOYEE 40.00 X 153647 0 0 DANIEL FERNANDEZ EMPLOYEE 40.00 X 118938 0 0 ATHENA GUILLEN EMPLOYEE 40.00 X 118600 0 0 ALEXANDRA PRIETO EMPLOYEE 40.00 X 116859 0 0 IDALIA SUAREZ EMPLOYEE 40.00 X 106232 0 0 KERRI ANN RODRIGUEZ EMPLOYEE 40.00 X 146495 0 0 DR CRISTINA CRUZ-ORTIZ EMPLOYEE 40.00 X 100563 0 0 DONYALE MCGHEE EMPLOYEE 40.00 X 120708 0 0 SHANNINE SADESKY EMPLOYEE 40.00 X 100326 0 0 ALINA LOPEZ EMPLOYEE 40.00 X 105400 0 0 1515143 0 0 12 0 1 0 ADP TOTAL SOURCE 10200 SW SUNSET DRIVE MIAMI FL 33173 EMPLOYEE LEASING 60220600 ACADEMICA BROWARD LLC 6340 SUNSET DRIVE MIAMI FL 33143 EDUCATIONAL SUPPORT PROVIDER 4708988 ACADEMICA DADE LLC 6340 SUNSET DRIVE MIAMI FL 33143 EDUCATIONAL SUPPORT PROVIDER 2496788 ADP LLC PO BOX 842875 BOSTON MA 02284 EQUIPMENT LEASING 1847153 SOUTHWESTERN GRANT LLC 6340 SUNSET DRIVE MIAMI FL 33143 FACILITY RENTAL 1554891 107 140099626 253500 2337918 140353126 AFTER SCHOOL INCOME 611710 3647989 3647989 INSTRUCTION SERVICES 611710 1075266 1075266 LUNCH FEES 611710 1035486 1035486 FACILITY USAGE INCOME 611710 310960 310960 COMMUNITY SERVICES INCOME 611710 279027 279027 10099 10099 6358827 26839 26839 6363226 6312419 50807 50807 AFFILIATION FEES 611710 259018 259018 OTHER INCOME 611710 251164 251164 E RATE REBATE 611710 187764 187764 190884 190884 888830 147678429 7274496 0 50807 60427263 49745108 10682155 552692 471288 81404 10001630 8279514 1722116 113395 113395 7469893 4987305 2482588 283940 7648 276292 572000 572000 3459523 2147383 1312140 21389636 21372892 16744 412116 342248 69868 270394 269520 874 5642629 5628918 13711 1205387 1170091 35296 STUDENT LUNCH EXPENSES 4273298 4273298 AFTERCARE EXPENSES 3592667 3592667 REPAIRS & MAINTENANCE 3231438 3230563 875 ADMINISTRATIVE FEE 2874841 186132 2688709 11761466 11301275 460191 137534208 117119245 20414963 0 32044178 40637909 300133 125218 3233014 2364953 54391829 30997148 20161299 23394681 1383998 2256876 57122622 68779637 5102474 5945651 20960 3376528 3647155 4185942 4605892 12685904 14198698 X 41740489 50909662 2696229 3671277 44436718 54580939 57122622 68779637 10144221 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78186 78186 530385 18378073 6945496 11962962 191383 71162 120221 9617143 5658316 3958827 25596659 18322174 7274485 23394681 ACCRUED RENT PAYABLE 4503019 DUE TO OTHER SCHOOLS 102873 4605892 147797629 119200 119200 147678429 0 147678429 137653408 119200 119200 137534208 0 137534208 PART XI, LINE 2D - OTHER ADJUSTMENTS: FOR TAX PURPOSES $119,200 OF DIRECT FUNDRAISING EXPENSES WERE REFLECTED AS A DECREASE IN REVENUES, HOWEVER THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS REFLECT THIS AMOUNT AS AN EXPENSE. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOR TAX PURPOSES $119,200 OF DIRECT FUNDRAISING EXPENSES WERE REFLECTED AS A DECREASE IN REVENUES, HOWEVER THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS REFLECT THIS AMOUNT AS AN EXPENSE. 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: WE INCLUDE A NON-DISCRIMATORY STATEMENT IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRUBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES THIS TYPE OF STATEMENT. ADDITIONALLY, FOR LUNCH PROGRAM WE HAVE TO SEND OUT A PUBLIC NOTICE EACH YEAR TO 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. VARIOUS FUNDRAISING EVENTS 6363226 6363226 6312419 6363226 6363226 6312419 6312419 50807 X X 0 0 0 0 0 0 0 0 0 BERNARDO MONTERO PRESIDENT 187479 0 0 0 0 0 0 0 0 0 187479 0 0 0 KIM GUILARTE EMPLOYEE 153647 0 0 0 0 0 0 0 0 0 153647 0 0 0 X TECHNOLOGY EQUIPMENT 21 2337918 0 0 0 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 11 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 ALREADY AVAILABLE TO THE PUBLIC VIA WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS AVAILABLE UPON REQUEST. 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, 2016 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, 2016 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 7 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SOMERSET ACADEMY FOUNDATION INC D 14762 FAIR MARKET VALUE