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Sarasota Military Academy

Sarasota, FL · EIN 65-1149763 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Sarasota Military Academy reported $13.4 million in revenue and $13.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $65.73 went to program services, $34.27 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.6% of the total. The highest compensation it reported for one person was $198,932 (HEAD OF SCHOOL). 3 people received more than $100,000 in reportable compensation. Revenue rose 4% 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 $13M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 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 $13M

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

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
65.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
34.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
97.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$198,932$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.52%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.113.3
Independent voting board members
Part VI 1a–1b
11 of 12100.0%

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
$8.6M expenses · 100.0% of program spending · revenue $13M

The Sarasota Military Academy (sma) offers a vast array of exciting, high interest, and in-depth course offerings (majors). All courses are designed to meet and exceed district and sunshine state standards and to launch students on a path to future success. Our graduates are well prepared for college, military service, or their chosen career field. We are proud to outline the "major opportunities" offered to sma cadets.small class sizes, individualized instruction, structure, discipline, stringently enforced dress codes, and respect in the classroom help to ensure a unique, high quality…

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
HEAD OF SCHOOL
Listed in Part VII, 50.00 hrs/week
$175,752$0$23,180$198,932
DIRECTOR OF FINANCE
Listed in Part VII, 50.00 hrs/week
$151,817$0$29,823$181,640
HEAD OF SCHOOL PREP
Listed in Part VII, 50.00 hrs/week
$131,223$0$16,443$147,666
HEAD OF SCHOOL PREP
Listed in Part VII, 50.00 hrs/week
$94,910$0$22,345$117,255

3 people received more than $100,000 in reportable compensation from Sarasota Military Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $645K (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$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$13M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$13M$13M65.7%$11M$198,932
FY2024 ⓘ$14M$14M68.2%$271K$189,838
FY2023 ⓘ$14M$14M70.7%$1.5M$163,320
FY2022 ⓘ$13M$13M71.1%$1.6M$154,034
FY2021 ⓘ$15M$13M73.6%$1.3M$139,256
FY2020 ⓘ$13M$13M72.6%$693K$141,845

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–1b12 · 11 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 5166
  • Volunteers Part I, line 645

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ENTECH
Information technology
$532,624
CITY WIDE FACILITY SOLUTIONS
Maintenance service
$267,643
SARASOTA COUNTY SHERIFFS OFFICE
Security
$202,012

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to Sarasota Military Academy totaling $159K 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 Sarasota Military Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sarasota Military Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Florida

Questions people ask

How much of Sarasota Military Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Sarasota Military Academy reported that 65.7% of its $13.1 million in expenses went to program services, 34.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Sarasota Military Academy pay its top executive?

The largest total compensation Sarasota Military Academy reported for one person in the fiscal year ending June 30, 2025 was $198,932, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sarasota Military Academy get its money?

Of $13.4 million in revenue in the fiscal year ending June 30, 2025, 1.7% came from contributions and grants and 97.6% from program service revenue (Form 990, Part VIII).

Is Sarasota Military Academy a registered charity?

The IRS lists EIN 65-1149763 as a 501(c)(3) organization (school), 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 202630969349301103 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520699349300932 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401239349302320 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331179349301503 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349301895 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130709349301008 · read the filing

All filings for EIN 65-1149763: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.