Broadmoor Charter School Board
Broadmoor Charter School Board consistently manages multi-million dollar operations with no reported officer compensation.
EIN: 205779213 · New Orleans, LA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $7.0M |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Broadmoor Charter School Board Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Broadmoor Charter School Board directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Broadmoor Charter School Board
Broadmoor Charter School Board (EIN: 205779213) is a nonprofit organization based in New Orleans, LA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broadmoor Charter School Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Broadmoor Charter School Board is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-260,295 |
| Total Assets | $1.6M |
| Total Liabilities | $463K |
| Net Assets | $1.2M |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 28.6% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2015, Broadmoor Charter School Board reported a deficit of $260K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 28.6% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Broadmoor Charter School Board's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -9.5% | +10.8% | -7.4% |
| 2014 | +11.8% | +5.0% | +101.2% |
| 2013 | +17.4% | -3.1% | -2.9% |
| 2012 | +1.2% | +11.9% | -35.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Broadmoor Charter School Board with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Broadmoor Charter School Board allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $260K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.6%.
Executive Compensation Analysis
No officer compensation was reported across all five available IRS 990 filings, suggesting a volunteer board or that executive salaries are categorized differently, which could obscure a full picture of leadership costs for an organization managing millions in revenue and expenses.
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 Broadmoor Charter School Board's IRS 990 filings:
- Latest filing shows $0 revenue and assets, which is inconsistent with historical data and requires further investigation.
- Lack of specific breakdown for program, administrative, and fundraising expenses in the provided data makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Broadmoor Charter School Board:
- Consistently manages multi-million dollar operations, indicating significant impact and activity.
- Maintains positive net assets, demonstrating financial stability (e.g., $1.6 million in 2015).
- No reported officer compensation, suggesting efficient use of funds at the leadership level or a volunteer board.
Frequently Asked Questions about Broadmoor Charter School Board
Is Broadmoor Charter School Board a legitimate charity?
Broadmoor Charter School Board (EIN: 205779213) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Broadmoor Charter School Board spend its money?
Broadmoor Charter School Board directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Broadmoor Charter School Board tax-deductible?
Broadmoor Charter School Board is registered as a tax-exempt nonprofit (EIN: 205779213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Broadmoor Charter School Board's spending goes to programs?
Broadmoor Charter School Board directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Broadmoor Charter School Board located?
Broadmoor Charter School Board is headquartered in New Orleans, Louisiana and files with the IRS under EIN 205779213.
How many years of IRS 990 filings does Broadmoor Charter School Board have?
Broadmoor Charter School Board has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Broadmoor Charter School Board a good charity?
Based on the available data, the organization appears to be a well-managed entity with substantial program activity, as evidenced by its multi-million dollar revenues and expenses. The consistent positive net assets and lack of reported officer compensation are positive indicators. However, the $0 revenue and assets in the latest filing require clarification to fully assess current operational status.
What is the primary source of funding for Broadmoor Charter School Board?
While not explicitly detailed in the provided summary, charter schools typically receive the majority of their funding from government grants and state/local education allocations, which would account for the multi-million dollar revenues reported.
Why is there no officer compensation reported?
The absence of reported officer compensation could mean that the board members serve on a volunteer basis, or that compensation for key management personnel is reported under other expense lines, such as 'salaries and wages' for program or administrative staff, rather than specifically as 'officer compensation'.
Filing History
IRS 990 filing history for Broadmoor Charter School Board showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Broadmoor Charter School Board's revenue has grown by 20.2%, moving from $5.6M to $6.8M. Total assets increased by 17.3% over the same period, from $1.4M to $1.6M. Total functional expenses rose by 26.2%, from $5.6M to $7.0M. In its most recent filing year (2015), Broadmoor Charter School Board reported a deficit of $260K, with expenses exceeding revenue. The organization holds $463K in liabilities against $1.6M in assets (debt-to-asset ratio: 28.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $6.8M | $7.0M | $1.6M | $463K | — | View 990 |
| 2014 | $7.5M | $6.3M | $1.7M | $331K | — | View 990 |
| 2013 | $6.7M | $6.0M | $869K | $624K | — | View 990 |
| 2012 | $5.7M | $6.2M | $895K | $1.3M | — | View 990 |
| 2011 | $5.6M | $5.6M | $1.4M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $6.8M, expenses of $7.0M, and assets of $1.6M (revenue -9.5% year-over-year).
- 2014: Revenue of $7.5M, expenses of $6.3M, and assets of $1.7M (revenue +11.8% year-over-year).
- 2013: Revenue of $6.7M, expenses of $6.0M, and assets of $869K (revenue +17.4% year-over-year).
- 2012: Revenue of $5.7M, expenses of $6.2M, and assets of $895K (revenue +1.2% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.6M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Broadmoor Charter School Board:
Data Sources and Methodology
This transparency report for Broadmoor Charter School Board 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.