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The Master's Academy of Central Florida

Oviedo, FL · EIN 59-2663620 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Master's Academy of Central Florida reported $21.8 million in revenue and $20.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.36 went to program services, $13.54 to management and general costs and $1.10 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.0% of the total. The highest compensation it reported for one person was $208,948 (Former Interim Head of School). 7 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 290 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.4%86.0%
Management & general
Part IX 25(C) ÷ 25(A)
13.5%9.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%1.9%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
16.8%83.4%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
83.0%2.3%
Highest reported compensation
Part VII-A, columns D–F
$208,948$276,040
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.04%1.40%
People paid over $100,000
Part VII, line 2
74
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.712.7
Independent voting board members
Part VI 1a–1b
7 of 790.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$17M expenses · 100.0% of program spending · grants $3.9M · revenue $18M

The Master's Academy operates a private, non-profit, college-preparatory, non-denominational Christian preschool, elementary, and secondary school

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Former Interim Head of School
Former, 50.00 hrs/week
$198,638$0$10,310$208,948
CFO
Officer, 45.00 hrs/week
$133,357$0$27,527$160,884
Head of School
Officer, 50.00 hrs/week
$147,915$0$9,129$157,044
LS Teacher/Ath. Dir./Camp Dir.
Highest compensated employee, 40.00 hrs/week
$118,047$0$13,921$131,968
Director of Athletics
Highest compensated employee, 40.00 hrs/week
$107,299$0$9,590$116,889
Director of Advancement
Highest compensated employee, 40.00 hrs/week
$104,830$0$11,993$116,823
High School Principal
Highest compensated employee, 40.00 hrs/week
$102,981$0$599$103,580

7 people received more than $100,000 in reportable compensation from The Master's Academy of Central Florida (Part VII, line 2). Compensation of current officers, directors and key employees totaled $436K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$20M85.4%$11M$208,948
FY2024 ⓘ$21M$20M83.4%$10M$331,476
FY2023 ⓘ$19M$19M84.3%$9.4M$234,103
FY2022 ⓘ$18M$17M84.2%$9.1M$410,390
FY2021 ⓘ$15M$16M82.7%$5.8M$390,616
FY2020 ⓘ$16M$14M80.2%$6.6M$346,074

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5322
  • Volunteers Part I, line 6275

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
B&T Building Services Inc
Custodial Services
$341,194
Advanced Refrigeration & Air Inc
HVAC Repairs
$225,185
GUTI Landscaping and Maintenance LLC
Landscaping Services
$156,960
CJS Communications
Install Service for Access Controls and
$136,447

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to The Master's Academy of Central Florida totaling $130 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Master's Academy of Central Florida's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Master's Academy of Central Florida, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All religion-related charities · Largest charities in Florida

Questions people ask

How much of The Master's Academy of Central Florida's spending goes to programs?

In the fiscal year ending June 30, 2025, The Master's Academy of Central Florida reported that 85.4% of its $20.0 million in expenses went to program services, 13.5% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does The Master's Academy of Central Florida pay its top executive?

The largest total compensation The Master's Academy of Central Florida reported for one person in the fiscal year ending June 30, 2025 was $208,948, for the role of Former Interim Head of School (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Master's Academy of Central Florida get its money?

Of $21.8 million in revenue in the fiscal year ending June 30, 2025, 16.8% came from contributions and grants and 83.0% from program service revenue (Form 990, Part VIII).

Is The Master's Academy of Central Florida a registered charity?

The IRS lists EIN 59-2663620 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202502979349301815 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433199349304413 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440309349300009 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213159349302696 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133169349308943 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202023169349303957 · read the filing

All filings for EIN 59-2663620: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.