Miami Community Charter School Inc
Miami Community Charter School Inc. maintains stable operations with tight margins and no reported officer compensation.
EIN: 200254954 · Homestead, FL · NTEE: B29 · Updated: 2026-03-28
About Miami Community Charter School Inc
Miami Community Charter School Inc (EIN: 200254954) is a nonprofit organization based in Homestead, FL, classified under NTEE code B29. The organization reported total revenue of $15.2M and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miami Community Charter 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 Miami Community Charter 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Miami Community Charter School 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either that no officers receive compensation or that compensation is reported under different categories, warranting further scrutiny for complete transparency.
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 Miami Community Charter School Inc's IRS 990 filings:
- High liabilities relative to assets ($7,562,851 liabilities vs. $10,813,560 assets in 2023)
- Consistent reporting of 0% officer compensation, which may indicate compensation is reported elsewhere or a lack of transparency in this specific section.
Strengths
The following positive indicators were identified for Miami Community Charter School Inc:
- Consistent growth in revenue and assets over the past decade, indicating expanding operations.
- Expenses generally align closely with revenue, suggesting efficient operational management.
- No reported officer compensation, which could indicate a strong commitment to program spending if executive roles are truly unpaid or compensated through other means.
Frequently Asked Questions about Miami Community Charter School Inc
Is Miami Community Charter School Inc. financially stable?
Yes, the organization appears financially stable, with revenues generally covering expenses. For example, in 2023, revenues were $12,768,303 against expenses of $12,826,775, indicating a near break-even operation. Assets have also grown from $7,910,136 in 2019 to $10,813,560 in 2023.
How does Miami Community Charter School Inc. manage its liabilities?
Liabilities have consistently been a significant portion of the organization's assets. In 2023, liabilities were $7,562,851 against assets of $10,813,560, indicating a high debt-to-asset ratio which could impact financial flexibility.
What is the trend in the organization's revenue and expenses?
Both revenue and expenses have shown a significant upward trend over the past decade, more than doubling from approximately $5 million in 2014 to over $12 million in 2023, reflecting growth in operations.
Filing History
IRS 990 filing history for Miami Community Charter School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Miami Community Charter School Inc's revenue has grown by 248.5%, moving from $3.7M to $12.8M. Total assets increased by 18.8% over the same period, from $9.1M to $10.8M. Total functional expenses rose by 192.7%, from $4.4M to $12.8M. In its most recent filing year (2023), Miami Community Charter School Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $7.6M in liabilities against $10.8M in assets (debt-to-asset ratio: 69.9%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12.8M | $12.8M | $10.8M | $7.6M | — | View 990 |
| 2022 | $11.9M | $12.2M | $11.1M | $7.8M | — | View 990 |
| 2021 | $11.6M | $9.5M | $11.4M | $7.9M | — | View 990 |
| 2020 | $6.0M | $5.4M | $9.1M | $7.9M | — | View 990 |
| 2019 | $6.0M | $6.0M | $7.9M | $7.4M | — | View 990 |
| 2018 | $5.4M | $5.5M | $8.2M | $7.6M | — | View 990 |
| 2017 | $5.5M | $5.0M | $8.3M | $7.6M | — | View 990 |
| 2016 | $5.3M | $5.7M | $8.0M | $7.8M | — | View 990 |
| 2015 | $5.0M | $5.2M | $8.4M | $7.8M | — | View 990 |
| 2014 | $5.0M | $5.0M | $8.7M | $8.0M | — | View 990 |
| 2013 | $4.8M | $5.0M | $9.0M | $8.2M | — | View 990 |
| 2012 | $3.7M | $4.4M | $9.1M | $8.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.8M, expenses of $12.8M, and assets of $10.8M (revenue +7.1% year-over-year).
- 2022: Revenue of $11.9M, expenses of $12.2M, and assets of $11.1M (revenue +2.9% year-over-year).
- 2021: Revenue of $11.6M, expenses of $9.5M, and assets of $11.4M (revenue +93.9% year-over-year).
- 2020: Revenue of $6.0M, expenses of $5.4M, and assets of $9.1M (revenue -1.1% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.0M, and assets of $7.9M (revenue +12.7% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.5M, and assets of $8.2M (revenue -2.2% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.0M, and assets of $8.3M (revenue +3.2% year-over-year).
- 2016: Revenue of $5.3M, expenses of $5.7M, and assets of $8.0M (revenue +5.9% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.2M, and assets of $8.4M (revenue -0.1% year-over-year).
- 2014: Revenue of $5.0M, expenses of $5.0M, and assets of $8.7M (revenue +4.7% year-over-year).
- 2013: Revenue of $4.8M, expenses of $5.0M, and assets of $9.0M (revenue +30.9% year-over-year).
- 2012: Revenue of $3.7M, expenses of $4.4M, and assets of $9.1M.
Data Sources and Methodology
This transparency report for Miami Community Charter 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.