Is Ceiba Public Schools Legit?

Ceiba Public Schools demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has steadily increased from $4,031,283 in 2014 to $8,865,525 in 2023, with current assets at $15,393,004. This growth indicates a stable funding base and expanding operations. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income in most years suggests efficient management of resources. The organization's asset growth, from $5,729,064 in 2014 to $10,573,305 in 2023, further solidifies its financial stability. The liabilities have also increased, but at a slower rate than assets, indicating a healthy balance sheet. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and public transparency. Overall, Ceiba Public Schools exhibits strong financial health and a transparent approach to its operations, particularly concerning executive compensation.