Advantage Academy Of Miami Inc

Advantage Academy Of Miami Inc maintains stable operations with significant asset growth, but lacks reported executive compensation.

EIN: 203878749 · Coral Springs, FL · NTEE: B21 · Updated: 2026-03-28

$54.8MRevenue

$71.9MAssets

75/100Mission Score (Good)

B21

About Advantage Academy Of Miami Inc

Advantage Academy Of Miami Inc (EIN: 203878749) is a nonprofit organization based in Coral Springs, FL, classified under NTEE code B21. The organization reported total revenue of $54.8M and total assets of $71.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advantage Academy Of Miami Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Advantage Academy Of Miami Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Advantage Academy Of Miami Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The consistent reporting of 0% officer compensation across all filings, despite the organization's substantial revenue (e.g., $50,955,568 in 202406), is highly unusual and suggests that executive remuneration may be structured in a way that is not directly reported as officer compensation on the 990, or that the organization relies on external management contracts.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Advantage Academy Of Miami Inc's IRS 990 filings:

Zero reported officer compensation despite large revenue, potentially obscuring true leadership costs.
Significant increase in liabilities from $3.5M to $71.6M between 2021 and 2022, indicating substantial debt financing.

Strengths

The following positive indicators were identified for Advantage Academy Of Miami Inc:

Consistent revenue generation, with latest revenue at $54,817,892.
Substantial asset base, reaching $71,882,138, providing financial stability.
Generally stable operations with revenues largely covering expenses over multiple years.

Frequently Asked Questions about Advantage Academy Of Miami Inc

How is Advantage Academy Of Miami Inc managing its executive leadership without reported officer compensation?

The IRS 990 filings consistently show 0% officer compensation. This could mean executives are compensated through a related party, as contractors, or that the organization is managed by volunteers, which is less likely given its scale. Further investigation into Part VII of the 990 and Schedule J would be necessary to understand the full compensation structure.

What caused the significant increase in assets and liabilities between 2021 and 2022?

Assets surged from $16.3 million in 202106 to $85 million in 202206, with liabilities increasing from $3.6 million to $71.6 million in the same period. This dramatic change likely indicates a major capital investment, such as the acquisition or construction of new facilities, possibly financed through significant debt.

Is the organization financially sustainable given recent expense trends?

In the 202406 period, expenses ($51,962,929) slightly exceeded revenue ($50,955,568), resulting in a deficit. While not a major concern for a single year, a sustained trend of expenses exceeding revenue could impact long-term financial health. However, the organization has substantial assets ($74,292,185 in 202406) which provide a buffer.

Filing History

IRS 990 filing history for Advantage Academy Of Miami Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Advantage Academy Of Miami Inc's revenue has grown by 665.3%, moving from $6.7M to $51.0M. Total assets increased by 6691.1% over the same period, from $1.1M to $74.3M. Total functional expenses rose by 682.8%, from $6.6M to $52.0M. In its most recent filing year (2024), Advantage Academy Of Miami Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $63.1M in liabilities against $74.3M in assets (debt-to-asset ratio: 84.9%), resulting in net assets of $11.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$51.0M	$52.0M	$74.3M	$63.1M	—	View 990
2023	$48.5M	$49.6M	$78.5M	$66.2M	—	View 990
2022	$47.8M	$47.2M	$85.0M	$71.7M	—	View 990
2021	$46.3M	$41.1M	$16.3M	$3.6M	—	View 990
2020	$39.0M	$39.5M	$14.0M	$6.4M	—	View 990
2019	$39.0M	$38.2M	$11.3M	$3.2M	—	View 990
2018	$29.5M	$27.2M	$7.4M	$2.8M	—	View 990
2017	$27.9M	$27.0M	$5.6M	$3.4M	—	View 990
2016	$19.8M	$21.0M	$3.3M	$2.0M	—	View 990
2015	$20.4M	$20.3M	$4.6M	$2.2M	—	View 990
2014	$19.9M	$18.6M	$4.7M	$2.3M	—	View 990
2013	$17.5M	$17.1M	$3.1M	$2.1M	—	View 990
2012	$6.7M	$6.6M	$1.1M	$479K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $51.0M, expenses of $52.0M, and assets of $74.3M (revenue +5.1% year-over-year).
2023: Revenue of $48.5M, expenses of $49.6M, and assets of $78.5M (revenue +1.4% year-over-year).
2022: Revenue of $47.8M, expenses of $47.2M, and assets of $85.0M (revenue +3.3% year-over-year).
2021: Revenue of $46.3M, expenses of $41.1M, and assets of $16.3M (revenue +18.8% year-over-year).
2020: Revenue of $39.0M, expenses of $39.5M, and assets of $14.0M (revenue -0.2% year-over-year).
2019: Revenue of $39.0M, expenses of $38.2M, and assets of $11.3M (revenue +32.1% year-over-year).
2018: Revenue of $29.5M, expenses of $27.2M, and assets of $7.4M (revenue +5.7% year-over-year).
2017: Revenue of $27.9M, expenses of $27.0M, and assets of $5.6M (revenue +41.2% year-over-year).
2016: Revenue of $19.8M, expenses of $21.0M, and assets of $3.3M (revenue -3.2% year-over-year).
2015: Revenue of $20.4M, expenses of $20.3M, and assets of $4.6M (revenue +2.6% year-over-year).
2014: Revenue of $19.9M, expenses of $18.6M, and assets of $4.7M (revenue +13.6% year-over-year).
2013: Revenue of $17.5M, expenses of $17.1M, and assets of $3.1M (revenue +163.3% year-over-year).
2012: Revenue of $6.7M, expenses of $6.6M, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Advantage Academy Of Miami Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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