MONTVERDE ACADEMY INC Charity Report

Public IRS 990 nonprofit record

MONTVERDE ACADEMY INC

EIN 59-0657329 · Education (B)

What they do

to INSPIRE STUDENTS to BECOME LEADERS WITH A PASSION for KNOWLEDGE, GLOBAL VISION and INNOVATION WHILE DEVELOPING CHARACTER IN A NUTURING and DIVERSE COMMUNITY. MONTVERDE ACADEMY is A COEDUCATIONAL INDEPENDENT SCHOOL THAT SERVES GRADES PRE-K 3-12. OUR BOARDING PROGRAM SERVES GRADES 7-12 and POST-GRADUATE STUDIES.AT THE HEART of THE MONTVERDE ACADEMY EXPERIENCE is AN ENGAGING and CHALLENGING ACADEMIC ENVIRONMENT THAT GIVES STUDENTS THE DESIRE and SKILLS to ACHIEVE AT THE HIGHEST LEVEL. OUTSIDE of THE CLASSROOM, STUDENTS DEVELOP THEIR TALENTS and ABILITIES THROUGH INVOLVEMENT IN FINE ARTS, ATHLETICS, SCHOOL CLUBS, and SERVICE ORGANIZATIONS. OUR STAFF MEMBERS, PARENTS, and STUDENTS ARE PART of A CLOSE-KNIT, DEEPLY CARING COMMUNITY. WE EMPHASIZE POSITIVE RELATIONSHIPS to HELP BUILD SELF-ESTEEM and CONFIDENCE IN OUR STUDENTS, and EACH ONE of THEM is A VALUED COMMUNITY MEMBER. WITH ITS CULTURAL DIVERSITY, MONTVERDE ACADEMY DRAWS STUDENTS FROM AROUND THE WORLD. OUR INTERNATIONAL CHARACTER ADD

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.97%of revenue went to mission work87.4% of expenses · Program services

0.09%of revenue went to fundraising0.1% of expenses

$99.53spent for every $100 of revenueRevenue covered expenses this year.

12.47%of revenue went to management and office costs12.5% of expenses

$1.48in assets for every $1 spent this yearSome assets cannot be spent right away.

2.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $437,244 for JON HOPMAN (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$41,077,065

Mission workProgram services$35,723,90986.97% of revenue87.4% of expenses

ManagementOffice and general costs$5,122,09812.47% of revenue12.5% of expenses

FundraisingAsking for donations$37,5940.09% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$193,4640.47% of revenueShown in gray on the chart

Total expenses$40,883,60199.53% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.4% mission · 12.5% management · 0.1% fundraisingTotal expenses: 99.53% of revenue

2023Expense mix: 88.9% mission · 11.0% management · 0.1% fundraisingTotal expenses: 99.21% of revenue

2022Expense mix: 88.3% mission · 11.6% management · 0.1% fundraisingTotal expenses: 102.28% of revenue

2021Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 94.86% of revenue

2020Expense mix: 89.3% mission · 10.7% management · 0.0% fundraisingTotal expenses: 82.84% of revenue

2019Expense mix: 90.7% mission · 9.3% management · 0.0% fundraisingTotal expenses: 95.83% of revenue

2018Expense mix: 90.8% mission · 9.2% management · 0.0% fundraisingTotal expenses: 97.59% of revenue

2017Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 92.79% of revenue

Money in and money out

Revenue$41,077,065

Expenses$40,883,601

Annual surplus $193,464 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$35,723,909 · 87.4% of expenses

Management and office costs$5,122,098 · 12.5% of expenses

Fundraising$37,594 · 0.1% of expenses

See all reported dollar amounts

Revenue$41,077,065

Expenses$40,883,601

Assets$60,319,359

Income$42,822,073

Contributions$1,055,824

Mission work (program services)$35,723,909

Fundraising$37,594

Management and general$5,122,098

Stocks and bonds$12,918,284

Accounting fees$90,028

Investing fees$56,749

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JON HOPMANHEAD OF SCHOOL · 40 hrs/week $437,244Base $402,650 · Other $34,594

KEVIN BOYLEHEAD BASKETBALL COACH · 40 hrs/week $298,902Base $272,871 · Other $26,031

DAVID RATHDEAN OF ENROLLMENT MANAGEMENT · 40 hrs/week $271,986Base $237,392 · Other $34,594

BRADLEY LONGDIRECTOR OF FINANCE & OPERATOR · 40 hrs/week $203,893Base $188,182 · Other $15,711

DAVID BERNATAVITZDEAN OF UPPER SCHOOL · 40 hrs/week $187,783Base $179,045 · Other $8,738

JAIME ONCINS DE OLIVEIRAHEAD TENNIS COACH · 40 hrs/week $157,447Base $137,010 · Other $20,437

MERISTELL SHACKELFORDDEAN OF THE LOWER SCHOOL · 40 hrs/week $149,803Base $140,269 · Other $9,534

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

JON HOPMANHEAD OF SCHOOL

KEVIN BOYLEHEAD BASKETBALL COACH

DAVID RATHDEAN OF ENROLLMENT MANAGEMENT

BRADLEY LONGDIRECTOR OF FINANCE & OPERATOR

DAVID BERNATAVITZDEAN OF UPPER SCHOOL

JAIME ONCINS DE OLIVEIRAHEAD TENNIS COACH

MERISTELL SHACKELFORDDEAN OF THE LOWER SCHOOL

TIM J BACHVICE CHAIRMAN

T SCOTT OHMSTEDETRUSTEE

SIDNEY A MCPHEETRUSTEE

SEAN PARKSSECRETARY

SANDRA O STEPHENSTRUSTEE EMIRITUS

S RENEE STEPHENS LUNDYCHAIRWOMAN

MICHAEL MASONTRUSTEE

LORI SPECHTTRUSTEE

JON FRERETRUSTEE THRU 08/2024

GREGORY L NELSONTREASURER

About this charity

Recognized since: January 1948
Location: 17235 7TH STREET, MONTVERDE, FL 347563210
County: Lake
In care of: S RENEE STEPHENS LUNDY
Primary officer: S RENEE STEPHENS LUNDY, CHAIRWOMAN

How to reach them

WebsiteVisit the charity’s website Phone(407) 469-2561

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: WITHUMSMITHBROWNPC
NTEE classification: Education (B)
IRS tax category: Education