CORAL REEF MONTESSORI ACADEMY CHARTER SCHOOL INC

EIN: 650840179 501(c)(3) Education

Miami, FL

Total Revenue
$7,605,769
Total Expenses
$6,832,721
Total Assets
$9,339,972
Net Assets
$1,074,432
🔒

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
1998
Legal Domicile
FL
Principal Officer
Juliet King
Phone
3052550064
Tax Period
2023-07-01 to 2024-06-30

CORAL REEF MONTESSORI ACADEMY CHARTER SCHOOL INC, founded in 1998, is a community nonprofit in the Education sector that reported $7.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $6.8M left a modest 10% surplus.

Mission

The purpose of Coral Reef Montessori Academy is to nurture each unique individual student, thereby awakening independence, confidence, responsibility and the pursuit of knowledge, thus creating a Montessori community to guide the transformation of global interdependence: respecting ourselves, respecting our community, respecting our natural environment, and respecting our universe.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $7,605,769
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,605,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,609,875
Fundraising Expenses $0
Program Expenses $5,141,685
Other Expenses $2,222,846
TOTAL EXPENSES $6,832,721

Year-over-Year Comparison

2023 2022 Change
Revenue $7,605,769 $6,947,559 +0.1%
Expenses $6,832,721 $5,937,626 +0.2%
Net Income $773,048 $1,009,933 -0.2%
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
6
Independent Members
6
Employees
96
Volunteers
87

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
1
$0
Total Directors
6
$0
Key Employees
2
$247,975
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCY CANZONERI-GOLDEN Co-Director 40
Key Emp Highest
$126,872 $0 $126,872
JULIET KING Co-Director 40
Key Emp
$121,103 $0 $121,103
NESTOR TORRES Board Member 0
Director
$0 $0 $0
RICARDO ALVAREZ Board Secretary 2
Director
$0 $0 $0
WENDALL CARR Chairperson 4
Officer Director
$0 $0 $0
SAMUEL C JACKSON Board Member 2
Director
$0 $0 $0
ROSEMARY HOEL Board Member 2
Director
$0 $0 $0
Kaylan Domond Board Member 2
Director
$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 $7,605,769 $6,832,721 $9,339,972 $773,048
2023 $6,947,559 $5,937,626 $8,556,233 $1,009,933
2022 $4,936,148 $4,903,999 $7,621,833 $32,149
2021 $5,126,602 $4,735,372 $7,920,448 $391,230
2020 $4,604,598 $4,828,201 $7,629,793 $-223,603
2019 $4,525,909 $4,260,352 $7,660,835 $265,557
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CORAL REEF MONTESSORI ACADEMY CHARTER SCHOOL INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.