Inlet Grove Community High School Inc
Inlet Grove Community High School Inc. shows consistent program spending but faces increasing liabilities.
EIN: 200350216 · Riviera Beach, FL · NTEE: B29 · Updated: 2026-03-28
Is Inlet Grove Community High School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Inlet Grove Community High School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inlet Grove Community High School Inc
Inlet Grove Community High School Inc (EIN: 200350216) is a nonprofit organization based in Riviera Beach, FL, classified under NTEE code B29. The organization reported total revenue of $9.6M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inlet Grove Community High School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inlet Grove Community High School 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Inlet Grove Community High School Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, suggesting that key officers are either uncompensated or compensated through non-officer categories, which is highly unusual for an organization with nearly $10 million in revenue and indicates a strong dedication of resources to the mission.
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 Inlet Grove Community High School Inc's IRS 990 filings:
- Significant and growing liabilities exceeding assets, indicating a negative net asset position.
- Operational deficits in recent years (e.g., 202306 and 202206), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Inlet Grove Community High School Inc:
- Consistent program focus, with expenses closely aligning with revenue.
- Reported 0% officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
- Long history of IRS 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Inlet Grove Community High School Inc
Is Inlet Grove Community High School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Inlet Grove Community High School Inc (EIN: 200350216) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Inlet Grove Community High School Inc spend its money?
Inlet Grove Community High School Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Inlet Grove Community High School Inc tax-deductible?
Inlet Grove Community High School Inc is registered as a tax-exempt nonprofit (EIN: 200350216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Inlet Grove Community High School Inc. financially stable given its increasing liabilities?
While the organization has growing assets, its liabilities have significantly outpaced asset growth, reaching $5,570,594 against $3,038,057 in assets in 202306. This negative net asset position suggests potential long-term financial stability concerns that warrant further investigation into the nature of these liabilities.
How does Inlet Grove Community High School Inc. fund its operations given the 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, allowing a greater proportion of funds to be directed towards program services.
What is the trend of the organization's net assets?
The organization's net assets have been consistently negative, with liabilities exceeding assets in all reported periods. For example, in 202306, assets were $3,038,057 while liabilities were $5,570,594, resulting in a negative net asset position of over $2.5 million.
Filing History
IRS 990 filing history for Inlet Grove Community High School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inlet Grove Community High School Inc's revenue has grown by 34.4%, moving from $6.7M to $9.0M. Total assets increased by 237.8% over the same period, from $899K to $3.0M. Total functional expenses rose by 38.4%, from $6.7M to $9.2M. In its most recent filing year (2023), Inlet Grove Community High School Inc reported a deficit of $227K, with expenses exceeding revenue. The organization holds $5.6M in liabilities against $3.0M in assets (debt-to-asset ratio: 183.4%), resulting in net assets of $-2,532,537.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $9.2M | $3.0M | $5.6M | — | — |
| 2022 | $8.2M | $9.1M | $2.2M | $4.5M | — | View 990 |
| 2021 | $7.3M | $7.0M | $2.4M | $4.5M | — | — |
| 2020 | $7.2M | $7.6M | $1.9M | $4.2M | — | View 990 |
| 2019 | $7.1M | $7.3M | $1.6M | $3.5M | — | View 990 |
| 2018 | $6.7M | $7.3M | $1.5M | $3.3M | — | View 990 |
| 2017 | $6.3M | $6.3M | $2.0M | $3.2M | — | View 990 |
| 2016 | $6.4M | $6.4M | $905K | $1.6M | — | View 990 |
| 2015 | $6.0M | $6.0M | $761K | $483K | — | View 990 |
| 2014 | $6.0M | $6.1M | $838K | $477K | — | View 990 |
| 2013 | $5.8M | $5.8M | $871K | $386K | — | View 990 |
| 2012 | $6.2M | $6.2M | $807K | $371K | — | View 990 |
| 2011 | $6.7M | $6.7M | $899K | $544K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $9.2M, and assets of $3.0M (revenue +10.1% year-over-year).
- 2022: Revenue of $8.2M, expenses of $9.1M, and assets of $2.2M (revenue +11.8% year-over-year).
- 2021: Revenue of $7.3M, expenses of $7.0M, and assets of $2.4M (revenue +2.3% year-over-year).
- 2020: Revenue of $7.2M, expenses of $7.6M, and assets of $1.9M (revenue +0.2% year-over-year).
- 2019: Revenue of $7.1M, expenses of $7.3M, and assets of $1.6M (revenue +5.8% year-over-year).
- 2018: Revenue of $6.7M, expenses of $7.3M, and assets of $1.5M (revenue +7.2% year-over-year).
- 2017: Revenue of $6.3M, expenses of $6.3M, and assets of $2.0M (revenue -1.0% year-over-year).
- 2016: Revenue of $6.4M, expenses of $6.4M, and assets of $905K (revenue +6.8% year-over-year).
- 2015: Revenue of $6.0M, expenses of $6.0M, and assets of $761K (revenue +-0.0% year-over-year).
- 2014: Revenue of $6.0M, expenses of $6.1M, and assets of $838K (revenue +1.8% year-over-year).
- 2013: Revenue of $5.8M, expenses of $5.8M, and assets of $871K (revenue -6.1% year-over-year).
- 2012: Revenue of $6.2M, expenses of $6.2M, and assets of $807K (revenue -7.1% year-over-year).
- 2011: Revenue of $6.7M, expenses of $6.7M, and assets of $899K.
Data Sources and Methodology
This transparency report for Inlet Grove Community 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.