Excelsior Charter Of Broward Inc
Excelsior Charter Of Broward Inc maintains stable operations with no reported officer compensation.
EIN: 203521211 · Tamarac, FL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $114K |
| Transparency Score | 85/100 |
Is Excelsior Charter Of Broward Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Excelsior Charter Of Broward Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Excelsior Charter Of Broward Inc
Excelsior Charter Of Broward Inc (EIN: 203521211) is a nonprofit organization based in Tamarac, FL, classified under NTEE code B29. The organization reported total revenue of $2.0M and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Excelsior Charter Of Broward Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Excelsior Charter Of Broward Inc is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$27K |
| Total Assets | $299K |
| Total Liabilities | $185K |
| Net Assets | $114K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 61.8% |
| Months of Reserves | 2.4 months |
Financial Health Grade: B
In 2023, Excelsior Charter Of Broward Inc reported a surplus of $27K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 61.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Excelsior Charter Of Broward Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +16.2% | +107.7% |
| 2022 | -55.8% | -56.2% | -72.6% |
| 2021 | +7.2% | +1.1% | -17.1% |
| 2020 | +7.0% | +3.6% | +57.3% |
| 2019 | -4.3% | +2.6% | -22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
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 Excelsior Charter Of Broward Inc 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, Excelsior Charter Of Broward Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size with revenues exceeding $1.5 million annually.
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 Excelsior Charter Of Broward Inc's IRS 990 filings:
- Significant fluctuation in annual revenue and assets over the past few years, which could indicate instability or changing operational scale.
Strengths
The following positive indicators were identified for Excelsior Charter Of Broward Inc:
- Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
- Expenses generally align closely with revenues, suggesting efficient financial management.
- Positive net assets in most recent filings, indicating financial solvency.
Frequently Asked Questions about Excelsior Charter Of Broward Inc
Is Excelsior Charter Of Broward Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Excelsior Charter Of Broward Inc (EIN: 203521211) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Excelsior Charter Of Broward Inc spend its money?
Excelsior Charter Of Broward Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Excelsior Charter Of Broward Inc tax-deductible?
Excelsior Charter Of Broward Inc is registered as a tax-exempt nonprofit (EIN: 203521211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Excelsior Charter Of Broward Inc CEO make?
Excelsior Charter Of Broward Inc's highest-compensated officer earns $1.5 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Excelsior Charter Of Broward Inc's spending goes to programs?
Excelsior Charter Of Broward Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Excelsior Charter Of Broward Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Excelsior Charter Of Broward 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 Excelsior Charter Of Broward Inc located?
Excelsior Charter Of Broward Inc is headquartered in Tamarac, Florida and files with the IRS under EIN 203521211. It is classified under NTEE code B29.
How many years of IRS 990 filings does Excelsior Charter Of Broward Inc have?
Excelsior Charter Of Broward 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 $2.0M in total revenue.
Is Excelsior Charter Of Broward Inc a good charity?
Based on the available financial data, Excelsior Charter Of Broward Inc appears to be a well-managed organization. Its consistent reporting of 0% officer compensation and generally balanced revenues and expenses suggest a strong commitment to its mission and efficient use of funds.
How has Excelsior Charter Of Broward Inc's financial health changed over time?
The organization has experienced fluctuations in revenue and assets over the past decade. Revenue peaked at $3,042,304 in 2021 and has since decreased to $1,523,144 in 2023. Assets also saw a high of $632,872 in 2020, decreasing to $298,700 in 2023. Despite these changes, expenses have generally tracked closely with revenues, indicating operational stability.
What is the organization's approach to executive compensation?
Excelsior Charter Of Broward Inc consistently reports 0% officer compensation, indicating that no officers receive salaries from the organization. This is a significant positive for a nonprofit, demonstrating a strong dedication to allocating resources directly to its programs.
Filing History
IRS 990 filing history for Excelsior Charter Of Broward Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Excelsior Charter Of Broward Inc's revenue has grown by 22.7%, moving from $1.2M to $1.5M. Total assets decreased by 8% over the same period, from $325K to $299K. Total functional expenses rose by 28.3%, from $1.2M to $1.5M. In its most recent filing year (2023), Excelsior Charter Of Broward Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $185K in liabilities against $299K in assets (debt-to-asset ratio: 61.8%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $299K | $185K | — | View 990 |
| 2022 | $1.3M | $1.3M | $144K | $33K | — | View 990 |
| 2021 | $3.0M | $2.9M | $525K | $110K | — | View 990 |
| 2020 | $2.8M | $2.9M | $633K | $293K | — | — |
| 2019 | $2.7M | $2.8M | $402K | $172K | — | — |
| 2018 | $2.8M | $2.7M | $518K | $131K | — | View 990 |
| 2017 | $2.5M | $2.2M | $517K | $167K | — | View 990 |
| 2016 | $1.6M | $1.7M | $176K | $119K | — | View 990 |
| 2015 | $1.7M | $1.7M | $242K | $150K | — | View 990 |
| 2014 | $1.9M | $1.9M | $293K | $214K | — | View 990 |
| 2013 | $1.4M | $1.6M | $232K | $97K | — | View 990 |
| 2012 | $1.3M | $1.3M | $383K | $80K | — | View 990 |
| 2011 | $1.2M | $1.2M | $325K | $59K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $299K (revenue +13.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $144K (revenue -55.8% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.9M, and assets of $525K (revenue +7.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.9M, and assets of $633K (revenue +7.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.8M, and assets of $402K (revenue -4.3% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.7M, and assets of $518K (revenue +13.0% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.2M, and assets of $517K (revenue +49.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $176K (revenue -5.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $242K (revenue -7.5% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $293K (revenue +34.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.6M, and assets of $232K (revenue +5.9% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $383K (revenue +6.5% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $325K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Excelsior Charter Of Broward Inc:
Data Sources and Methodology
This transparency report for Excelsior Charter Of Broward 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.