Lincoln Marti Charter Schools Inc
Lincoln Marti Charter Schools Inc. shows consistent revenue growth and asset accumulation, with zero reported officer compensation.
EIN: 200909669 · Miami, FL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.4M |
| Total Expenses | $18.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $12.5M |
| Transparency Score | 75/100 |
Is Lincoln Marti Charter Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lincoln Marti Charter Schools Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lincoln Marti Charter Schools Inc
Lincoln Marti Charter Schools Inc (EIN: 200909669) is a nonprofit organization based in Miami, FL, classified under NTEE code B29. The organization reported total revenue of $17.4M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Marti Charter Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln Marti Charter Schools Inc is a large nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.5M |
| Total Expenses | $18.2M |
| Surplus / Deficit | +$332K |
| Total Assets | $23.2M |
| Total Liabilities | $10.7M |
| Net Assets | $12.5M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 46.1% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Lincoln Marti Charter Schools Inc reported a surplus of $332K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 46.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Lincoln Marti Charter Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +24.1% | +82.0% |
| 2022 | +10.7% | +4.2% | -0.9% |
| 2021 | -2.5% | -2.1% | +16.3% |
| 2020 | -0.9% | -2.2% | +35.5% |
| 2019 | +3.9% | +1.7% | +21.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Lincoln Marti Charter Schools 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, Lincoln Marti Charter Schools 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $332K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues exceeding $18 million. This suggests that executive compensation may be structured in a way that is not reported under 'officer compensation' or that the organization relies on unpaid leadership, which could impact transparency regarding true leadership costs.
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 Lincoln Marti Charter Schools Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may obscure true leadership costs.
- Significant increase in liabilities from $822,109 in 2022 to $10,686,057 in 2023 without clear explanation in provided data.
Strengths
The following positive indicators were identified for Lincoln Marti Charter Schools Inc:
- Consistent revenue growth over the past decade, from $12.7M in 2014 to $18.5M in 2023.
- Strong asset growth, increasing from $3.2M in 2014 to $23.2M in 2023, indicating financial stability and capacity.
- Positive net income in most reported periods, demonstrating financial sustainability.
Frequently Asked Questions about Lincoln Marti Charter Schools Inc
Is Lincoln Marti Charter Schools Inc a legitimate charity?
Lincoln Marti Charter Schools Inc (EIN: 200909669) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $17.4M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Lincoln Marti Charter Schools Inc spend its money?
Lincoln Marti Charter Schools Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lincoln Marti Charter Schools Inc tax-deductible?
Lincoln Marti Charter Schools Inc is registered as a tax-exempt nonprofit (EIN: 200909669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lincoln Marti Charter Schools Inc CEO make?
Lincoln Marti Charter Schools Inc's highest-compensated officer earns $18 annually. The organization reported $17.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lincoln Marti Charter Schools Inc's spending goes to programs?
Lincoln Marti Charter Schools Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lincoln Marti Charter Schools Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lincoln Marti Charter Schools 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 Lincoln Marti Charter Schools Inc located?
Lincoln Marti Charter Schools Inc is headquartered in Miami, Florida and files with the IRS under EIN 200909669. It is classified under NTEE code B29.
How many years of IRS 990 filings does Lincoln Marti Charter Schools Inc have?
Lincoln Marti Charter Schools Inc has 12 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 $17.4M in total revenue.
How are the organization's leaders compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings for an organization of this size ($18.5M revenue in 2023) is highly unusual. It suggests that compensation for key management might be categorized differently, paid by a related entity, or that the organization relies on unpaid leadership. This lack of detail impacts transparency regarding leadership costs.
What caused the significant increase in liabilities from $822,109 in 2022 to $10,686,057 in 2023?
The substantial jump in liabilities by over $9.8 million in a single year (2022-2023) is a significant financial event that warrants further investigation. This could be due to new debt, capital leases, or other obligations, and understanding its nature is crucial for assessing the organization's financial risk.
What is the organization's strategy for managing its growing asset base, which increased from $3.2 million in 2014 to $23.2 million in 2023?
The impressive growth in assets over the past decade indicates significant investment or accumulation of resources. Understanding how these assets are being utilized and managed (e.g., new facilities, endowments, program expansion) is key to evaluating their impact on the mission.
Filing History
IRS 990 filing history for Lincoln Marti Charter Schools Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Lincoln Marti Charter Schools Inc's revenue has grown by 102.6%, moving from $9.1M to $18.5M. Total assets increased by 921.7% over the same period, from $2.3M to $23.2M. Total functional expenses rose by 107.7%, from $8.8M to $18.2M. In its most recent filing year (2023), Lincoln Marti Charter Schools Inc reported a surplus of $332K, with revenue exceeding expenses. The organization holds $10.7M in liabilities against $23.2M in assets (debt-to-asset ratio: 46.1%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.5M | $18.2M | $23.2M | $10.7M | — | View 990 |
| 2022 | $17.0M | $14.7M | $12.8M | $822K | — | View 990 |
| 2021 | $15.3M | $14.1M | $12.9M | $3.2M | — | View 990 |
| 2020 | $15.7M | $14.4M | $11.1M | $2.7M | — | View 990 |
| 2019 | $15.9M | $14.7M | $8.2M | $1.1M | — | View 990 |
| 2018 | $15.3M | $14.4M | $6.7M | $844K | — | View 990 |
| 2017 | $14.3M | $13.2M | $6.1M | $1.1M | — | View 990 |
| 2016 | $13.3M | $12.6M | $4.7M | $768K | — | View 990 |
| 2015 | $13.9M | $13.5M | $3.6M | $366K | — | View 990 |
| 2014 | $12.7M | $11.9M | $3.2M | $376K | — | View 990 |
| 2013 | $10.3M | $10.1M | $2.3M | $227K | — | View 990 |
| 2012 | $9.1M | $8.8M | $2.3M | $373K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.5M, expenses of $18.2M, and assets of $23.2M (revenue +9.2% year-over-year).
- 2022: Revenue of $17.0M, expenses of $14.7M, and assets of $12.8M (revenue +10.7% year-over-year).
- 2021: Revenue of $15.3M, expenses of $14.1M, and assets of $12.9M (revenue -2.5% year-over-year).
- 2020: Revenue of $15.7M, expenses of $14.4M, and assets of $11.1M (revenue -0.9% year-over-year).
- 2019: Revenue of $15.9M, expenses of $14.7M, and assets of $8.2M (revenue +3.9% year-over-year).
- 2018: Revenue of $15.3M, expenses of $14.4M, and assets of $6.7M (revenue +6.9% year-over-year).
- 2017: Revenue of $14.3M, expenses of $13.2M, and assets of $6.1M (revenue +7.2% year-over-year).
- 2016: Revenue of $13.3M, expenses of $12.6M, and assets of $4.7M (revenue -4.1% year-over-year).
- 2015: Revenue of $13.9M, expenses of $13.5M, and assets of $3.6M (revenue +9.2% year-over-year).
- 2014: Revenue of $12.7M, expenses of $11.9M, and assets of $3.2M (revenue +24.1% year-over-year).
- 2013: Revenue of $10.3M, expenses of $10.1M, and assets of $2.3M (revenue +12.2% year-over-year).
- 2012: Revenue of $9.1M, expenses of $8.8M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln Marti Charter Schools Inc:
Data Sources and Methodology
This transparency report for Lincoln Marti Charter Schools 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.