Mission
TO RECEIVE, ACCEPT AND ADMINISTER CONTRIBUTIONS FOR THE BENEFIT OF THE SARASOTA MILITARY ACADEMY SCHOOLS, TO AID AND ENRICH SCHOOL PROGRAMS AND ENHANCE THE LEARNING EXPERIENCE OF STUDENTS ATTENDING SMA.
Public Charity
SARASOTA MILITARY ACADEMY FOUNDATION INC
SARASOTA MILITARY ACADEMY FOUNDATION INC, of SARASOTA, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1K in revenue, $212K in expenses. 3 publicly reported grants to this organization, totaling roughly $169K, appear in IRS filings.
EIN: 821047032
SARASOTA, FL
Latest filing: 2024
Total Revenue$1K
Total Expenses$212K
Grant Records3
Funding Total$169K
Filing Years2020–2024
Where $100 goes at Sarasota Military Academy Foundation Inc
How Sarasota Military Academy Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$65
Programs
the work itself
$34
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $65 for programs
$65
To receive, accept and administer contributions for the benefit of the Sarasota military academy schools, to aid and enrich school programs and enhance the learning experience of students…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$140,635
GENERAL SUPPORT
$9,000
TO ASSIST WITH GENERAL OPERATING EXPENSES
$19,167
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
TRUSTEE
Ben Knisely
CHAIR
Herb Jones
VICE CHAIR/TREASURER
Thomas J Mcelheny Edd
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1K | $212K | — |
| 2023 | $322K | $530K | $232K |
| 2022 | $281K | $301K | $443K |
| 2021 | $414K | $263K | $451K |
| 2020 | $428K | $39K | $433K |
Between 2020 and 2024, reported annual revenue declined from $428K to $1K (-100%).
Interactive year-over-year charts and full filing details available with membership.