Is Advantage Academy Of Miami Inc Legit?

Quick charity verification for Advantage Academy Of Miami Inc (EIN: 203878749)

Verdict: Advantage Academy Of Miami Inc appears trustworthy

75/100Mission Score
$54.8MRevenue
$71.9MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Advantage Academy Of Miami Inc demonstrates a consistent operational pattern, with revenues generally keeping pace with or slightly exceeding expenses in most years, indicating a stable financial footing. For instance, in 202206, revenue was $47,818,092 against expenses of $47,232,813. However, the organization has reported zero officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $50 million in recent periods. This could indicate that executive compensation is being reported under different categories or that the organization relies heavily on contracted management, which might obscure a full picture of leadership costs. The significant increase in assets and liabilities from 202106 to 202206 (assets jumped from $16.3M to $85M, liabilities from $3.6M to $71.6M) suggests a major capital event or restructuring, likely related to property or facilities, which warrants further investigation for a complete understanding of its financial strategy and risk profile. The organization's NTEE code B21 (Elementary & Secondary Education) suggests its primary focus is on educational programs, which aligns with its operational expenses.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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