Is Broward Community Charter School West Inc Legit?

Quick charity verification for Broward Community Charter School West Inc (EIN: 204941173)

Verdict: Broward Community Charter School West Inc shows mixed signals

45/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Broward Community Charter School West Inc. consistently operates at a deficit, with expenses exceeding revenue in all reported periods. For instance, in 2016, expenses were $2,762,292 against revenues of $2,583,231, indicating a shortfall. This trend suggests a reliance on existing assets or other funding mechanisms not immediately apparent from the revenue figures alone, or a consistent draw-down of reserves. The organization's assets have remained relatively stable, ranging from $195,874 to $281,648, while liabilities have shown an increasing trend, reaching $594,007 in 2016, significantly exceeding assets. This financial structure raises concerns about long-term solvency and financial stability. The lack of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency regarding leadership costs.

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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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