SOBAY PTO INC

EIN: 463424359 501(c)(3) Education

MIAMI, FL

Total Revenue
$325,092
Total Expenses
$303,425
Total Assets
$170,286
Net Assets
$170,286
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
FL
Principal Officer
JEANNINE MIRANDA
Phone
3052740682
Tax Period
2021-07-01 to 2022-06-30

SOBAY PTO INC, founded in 2013, is a small nonprofit in the Education sector that reported $325K in total revenue in fiscal year 2021. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $303K left a modest 7% surplus.

Mission

THE SOMERSET ACADEMY BAY PTO IS A VITAL PART OF THE SCHOOL COMMUNITY. IT IS ITHE GOAL OF THE PTO TO BRING PARENTS, TEACHERS, ADMINISTRATORS, AND STUDENTS TOGETHER. THE PTO IS A PLACE FOR EXCHANGING IDEAS, THOUGHTS, AND GOALS FOR THE BETTERMENT OF OUR SCHOOL.INVOLVED IN OUR SCHOOL YOU'LL BE PART OF TH ESOLUTION, HLEPING TO MAKE POSITIVE CHANGES. WITH MEMBERSHIPS, FUNDRAISERS & SPONSORSHIPS THE PTO CAN BEGIN TO MAKE THE NECESSARY CAHNGES TO THE SCHOOL CAMPUS AND THE CLASSROOMS THAT WILL EXPAND AND ENRICH THE LEARNING EXPERIENCE OF THE CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $155,000

THE ACT FUND PROVIDES THE OPPORTUNITY FOR BOTH PARENTS AND THE SCHOOL TO HELP FUND THE SALARIES FOR TEACHER ASSISTANTS. TEACHER ASSISTANTS FILL AN IMPORTANT ROLE IN THE CLASSROOM; THEY PROVIDED...

Read more

THE ACT FUND PROVIDES THE OPPORTUNITY FOR BOTH PARENTS AND THE SCHOOL TO HELP FUND THE SALARIES FOR TEACHER ASSISTANTS. TEACHER ASSISTANTS FILL AN IMPORTANT ROLE IN THE CLASSROOM; THEY PROVIDED ONE-ON-ONE TUTORING, ASSIST WITH CLASSROM MANAGEMENT, PROVIDE INSTRUCTIONAL ASSISTANCE AND OFFER TEACHER SUPPORT IN ORDER TO BETTER INSTRUCT THE CHILDREN. THERE ARE MANY DEMANDS ON A CLASSROOM TEACHER AND HAVING AN ASSISTANT CAN HELP THE TEACHER IN MANY WAYS; BUT MOSTLY IT GIVES THE TEACHER THE OPPORTUNITY TO INSTRUCT AND SUPPORT THE CHILDREN IN SMALLER GROUPS BASED ON ACADEMIC LEVEL.

Program 2
Expenses: $113,091

THE PTO HAS CREATED AN IMPROVEMENT INITIATIVE TO ENHANCE THE SCHOOL.IN THE LAST YEAR, THEY HAVE ADDED A PLAYPARK, MULTI-USE COURT, INSTALLATION AND FIELD TURF TO THE SOUTH CAMPUS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $212,032
Program Service Revenue $0
Investment Income $0
Other Revenue $113,060
TOTAL REVENUE $325,092

Expense Breakdown

Grants Paid $268,091
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $268,091
Other Expenses $35,334
TOTAL EXPENSES $303,425

Year-over-Year Comparison

2021 2020 Change
Revenue $325,092 $270,859 +0.2%
Expenses $303,425 $189,846 +0.6%
Net Income $21,667 $81,013 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSIE CARRERAS-LOPEZ PRESIDENT 5.00
Officer
$0 $0 $0
EYRA FRANCES VICE-PRESIDENT 5.00
Officer
$0 $0 $0
KRISTY BARKER SECRETARY 5.00
Officer
$0 $0 $0
JEANINE MIRANDA TREASURER 5.00
Officer
$0 $0 $0
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 No data No data No data No data
2024 No data No data No data No data
2022 $325,092 $303,425 $170,286 $21,667
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOBAY PTO INC with other nonprofits in Florida and across the country.