City Of Palms Charter High School Inc
City Of Palms Charter High School Inc shows consistent revenue growth and positive net assets, with no reported officer compensation.
EIN: 204994481 · Fort Myers, FL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $4.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.0M |
| Transparency Score | 90/100 |
Is City Of Palms Charter High School Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
City Of Palms Charter High School Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About City Of Palms Charter High School Inc
City Of Palms Charter High School Inc (EIN: 204994481) is a nonprofit organization based in Fort Myers, FL, classified under NTEE code B29. The organization reported total revenue of $4.6M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of City Of Palms Charter High School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
City Of Palms Charter High School Inc is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $4.2M |
| Surplus / Deficit | +$376K |
| Total Assets | $2.5M |
| Total Liabilities | $581K |
| Net Assets | $2.0M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 22.8% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, City Of Palms Charter High School Inc reported a surplus of $376K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 22.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), City Of Palms Charter High School Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | +12.9% | +19.6% |
| 2022 | -0.4% | +0.6% | +13.0% |
| 2021 | +14.3% | -2.4% | +3.4% |
| 2020 | -6.2% | -6.9% | +17.2% |
| 2019 | -15.8% | +6.8% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates City Of Palms Charter High School Inc with a Mission Score of 90 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, City Of Palms Charter High School Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $376K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no salaries or benefits are paid to its officers. This is highly unusual for an organization with revenues exceeding $4 million and suggests a strong commitment to directing all financial resources towards its educational programs.
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.
Strengths
The following positive indicators were identified for City Of Palms Charter High School Inc:
- Consistent revenue growth, reaching $4,586,187 in 202306.
- Positive net income in recent years, with expenses ($4,209,875 in 202306) consistently below revenue.
- Significant growth in assets from $1,064,242 in 201706 to $2,549,885 in 202306.
- 0% reported officer compensation across all 13 filings, indicating high efficiency in resource allocation.
- Strong historical transparency with 13 IRS 990 filings available.
Frequently Asked Questions about City Of Palms Charter High School Inc
Is City Of Palms Charter High School Inc a legitimate charity?
City Of Palms Charter High School Inc (EIN: 204994481) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does City Of Palms Charter High School Inc spend its money?
City Of Palms Charter High School Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to City Of Palms Charter High School Inc tax-deductible?
City Of Palms Charter High School Inc is registered as a tax-exempt nonprofit (EIN: 204994481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the City Of Palms Charter High School Inc CEO make?
City Of Palms Charter High School Inc's highest-compensated officer earns $4 annually. The organization reported $4.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of City Of Palms Charter High School Inc's spending goes to programs?
City Of Palms Charter High School Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does City Of Palms Charter High School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), City Of Palms Charter High School Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is City Of Palms Charter High School Inc located?
City Of Palms Charter High School Inc is headquartered in Fort Myers, Florida and files with the IRS under EIN 204994481. It is classified under NTEE code B29.
How many years of IRS 990 filings does City Of Palms Charter High School Inc have?
City Of Palms Charter High School Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.6M in total revenue.
Is City Of Palms Charter High School Inc a good charity?
Based on its financial data, City Of Palms Charter High School Inc appears to be a well-managed organization. It consistently generates more revenue than expenses, has growing assets, and reports 0% officer compensation, suggesting a strong focus on its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial improvement. After periods of expenses exceeding revenue (e.g., 201906, 201606), it has consistently generated surpluses since 202106, leading to a substantial increase in assets from $1,064,242 in 201706 to $2,549,885 in 202306.
What is the organization's approach to executive compensation?
City Of Palms Charter High School Inc reports 0% officer compensation in all available filings, indicating that its officers do not receive salaries or benefits from the organization. This is a highly positive indicator of resource allocation.
Filing History
IRS 990 filing history for City Of Palms Charter High School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), City Of Palms Charter High School Inc's revenue has grown by 176.8%, moving from $1.7M to $4.6M. Total assets increased by 1853.6% over the same period, from $131K to $2.5M. Total functional expenses rose by 140.8%, from $1.7M to $4.2M. In its most recent filing year (2023), City Of Palms Charter High School Inc reported a surplus of $376K, with revenue exceeding expenses. The organization holds $581K in liabilities against $2.5M in assets (debt-to-asset ratio: 22.8%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $4.2M | $2.5M | $581K | — | — |
| 2022 | $4.0M | $3.7M | $2.1M | $540K | — | View 990 |
| 2021 | $4.0M | $3.7M | $1.9M | $556K | — | — |
| 2020 | $3.5M | $3.8M | $1.8M | $803K | — | — |
| 2019 | $3.7M | $4.1M | $1.6M | $251K | — | View 990 |
| 2018 | $4.5M | $3.8M | $1.7M | $51K | — | View 990 |
| 2017 | $4.8M | $4.1M | $1.1M | $56K | — | View 990 |
| 2016 | $3.7M | $4.0M | $514K | $295K | — | View 990 |
| 2015 | $2.6M | $2.7M | $619K | $95K | — | View 990 |
| 2014 | $1.8M | $1.5M | $682K | $36K | — | View 990 |
| 2013 | $1.5M | $1.3M | $341K | $28K | — | View 990 |
| 2012 | $1.4M | $1.3M | $181K | $35K | — | View 990 |
| 2011 | $1.7M | $1.7M | $131K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $4.2M, and assets of $2.5M (revenue +14.6% year-over-year).
- 2022: Revenue of $4.0M, expenses of $3.7M, and assets of $2.1M (revenue -0.4% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.7M, and assets of $1.9M (revenue +14.3% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.8M, and assets of $1.8M (revenue -6.2% year-over-year).
- 2019: Revenue of $3.7M, expenses of $4.1M, and assets of $1.6M (revenue -15.8% year-over-year).
- 2018: Revenue of $4.5M, expenses of $3.8M, and assets of $1.7M (revenue -7.6% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.1M, and assets of $1.1M (revenue +28.6% year-over-year).
- 2016: Revenue of $3.7M, expenses of $4.0M, and assets of $514K (revenue +43.3% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.7M, and assets of $619K (revenue +41.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.5M, and assets of $682K (revenue +24.3% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.3M, and assets of $341K (revenue +8.3% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $181K (revenue -17.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for City Of Palms Charter High School Inc:
Data Sources and Methodology
This transparency report for City Of Palms Charter High School 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.