CITY OF HIALEAH EDUCATION ACADEMY INC

EIN: 263087651 501(c)(3) Education

HIALEAH, FL

Total Revenue
$14,064,742
Total Expenses
$13,036,400
Total Assets
$9,496,189
Net Assets
$8,706,607
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Principal Officer
TERESA SANTALO SANCHEZ
Phone
3053624006
Tax Period
2024-07-01 to 2025-06-30

CITY OF HIALEAH EDUCATION ACADEMY INC, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $14.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $13.0M left a modest 7% surplus.

Mission

THE SCHOOL'S MISSION IS TO PROVIDE A HIGH-QUALITY CAREER-ORIENTED CURRICULUM FOR 21ST CENTURY OCCUPATIONS AND PREPARE STUDENTS FOR A MULTILINGUAL WORK ENVIRONMENT, AS WELL AS FOR A SUCCESSFUL PROGRESSION INTO POST SECONDARY STUDIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,741,233
Program Service Revenue $0
Investment Income $261,155
Other Revenue $62,354
TOTAL REVENUE $14,064,742

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,773,775
Fundraising Expenses $486,171
Program Expenses $11,452,525
Other Expenses $5,262,625
TOTAL EXPENSES $13,036,400

Year-over-Year Comparison

2024 2023 Change
Revenue $14,064,742 $15,273,838 -0.1%
Expenses $13,036,400 $11,708,346 +0.1%
Net Income $1,028,342 $3,565,492 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
184
Volunteers
105

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERESA SANTALO SANCHEZ CHAIRMAN 2.00
Officer Director
$0 $0 $0
NOELLE IGLESIAS VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
ARMANDO LLANES DIRECTOR 2.00
Director
$0 $0 $0
VINCENT TECK DIRECTOR 2.00
Director
$0 $0 $0
ARNALDO ALONSO DIRECTOR 2.00
Director
$0 $0 $0
CARLOS ALVAREZ PRINCIPAL 40.00
Highest
$198,261 $0 $198,261
AMY SIMPSON READING COACH 40.00
Highest
$131,647 $0 $131,647
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,064,742 $13,036,400 $9,496,189 $1,028,342
2024 $15,273,838 $11,708,346 $8,648,224 $3,565,492
2023 $11,819,978 $11,208,533 $5,404,390 $611,445
2022 $9,563,410 $9,252,115 $4,923,364 $311,295
2021 $8,877,684 $8,430,159 $4,032,675 $447,525
2020 $7,850,340 $7,645,083 $3,802,625 $205,257
2019 $7,614,040 $7,502,072 $3,339,523 $111,968
2018 $6,435,510 $6,040,831 $2,740,694 $394,679
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