Miami Edtech INC EIN 83-0907475 Form 990 (PDF) Claim this org

Miami Edtech INC FY2021 filing

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Empowers educators to innovate and scale technology solutions for education. For fiscal year 2021 it reported $270K in revenue, $249K in expenses, and $159K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Education
Location
Miami, FL
Website
miamiedtech.com
Filings
6 on file (2020–2021)
Revenue
$270KFY2021
Expenses
$249K
Net assets
$159K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-0907475 Public charity (501(c)(3)) Miami, FL Founded 2018
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Empowers educators to innovate and scale technology solutions for education.
Leadership
Juan Carlos Vazquez · Member · $34K
Money in and out
$270K revenue, $249K expenses
Bottom line
67% program efficiency
Where the money goes · FY2021
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$249K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33
Program efficiency
67%
of spending reaches programs
Operating runway
7.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$270K
FY2021▼ -20%
Expenses
$249K
FY2021-0.02%
Total assets
$163K
FY2021▲ +17%
Total liabilities
$3K
FY2021▲ +220%
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$249K
Pt IX · Ln 25
Net assets
$159K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$163K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $167K of program spending, described in the organization's own filed words · FY2021.
01

In 2021, we were able to train and/or provide curriculum to 1500 educators throughout Miami-Dade thereby addressing the Computer Science gap. We helped increase the number of certified computer science teachers by 140% and provided STEM educators with resources and content to further support their students.

$167Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMiami Edtech INC
EINHdr · item D83-0907475
Principal addressHdr · item CMiami, FL
WebsiteHdr · item Jmiamiedtech.com
Year of formationHdr · item L2018
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFAug 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$34,000Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Juan Carlos Vazquez’s $207K as President & CEO is at the 84th percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Juan Carlos Vazquez$207,292$98,958
Juan Carlos Vazquez$138,333$35,417$34,000$105,056

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$179K · 66%
Contributions & grants$90K · 34%
Program service revenue66%$179K
Contributions & grants34%$90K
Total revenueLn 12$270K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$167K
Management & general33%$82K
Total functional expensesLn 25$249K

Balance Sheet

Part X · end of year
CashLn 1$146K
Total assetsLn 16$163K
Total liabilitiesLn 26$3K
Total net assetsLn 32$159K
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $146K · Operating expenses/yr $249K
7.1 months
Where the money goes
Program services
Program services $167K · Total expenses $249K
67%
Management & General
Management & general $82K · Total expenses $249K
33%
Fundraising
Fundraising $0 · Total expenses $249K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $70K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $90K · Total revenue $270K
34%
Government reliance
Government grants $0 · Total revenue $270K
0%
Earned-income share
Program service revenue $179K · Total revenue $270K
66%
Investment reliance
Investment income $0 · Total revenue $270K
0%
Program self-sufficiency
Program service revenue $179K · Total expenses $249K
72%
Growth & trend
Revenue growth (YoY)
This year $270K · Prior year $336K
-20%
Net-asset trend (YoY)
End of year $159K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $270K · Expenses $249K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $163K
Net-asset ratio
Net assets $159K · Total assets $163K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $163K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Juan Carlos Vazquez · Reported title Member · Highest reported compensation $34K · Total expenses $249K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $37K · Total expenses $249K
15%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 33%
Fundraising cost ratio 0%
Revenue growth -20%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$52K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.2M revenue · ⤓ 990 PDF
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$657K revenue · ⤓ 990 PDF
FY2022$493K revenue · ⤓ 990 PDF
FY2021$270K revenue · viewing · ⤓ 990 PDF
FY2020$336K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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