National Ben Gamla Charter Schoolfoundation Inc
National Ben Gamla Charter Schoolfoundation Inc consistently operates with revenues exceeding expenses and reports no officer compensation.
EIN: 208961429 · Miami, FL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.8M |
| Total Expenses | $16.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $4.9M |
| Transparency Score | 85/100 |
Is National Ben Gamla Charter Schoolfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Ben Gamla Charter Schoolfoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Ben Gamla Charter Schoolfoundation Inc
National Ben Gamla Charter Schoolfoundation Inc (EIN: 208961429) is a nonprofit organization based in Miami, FL, classified under NTEE code B29. The organization reported total revenue of $23.8M and total assets of $17.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Ben Gamla Charter Schoolfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Ben Gamla Charter Schoolfoundation Inc is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.9M |
| Total Expenses | $16.4M |
| Surplus / Deficit | +$483K |
| Total Assets | $11.0M |
| Total Liabilities | $6.0M |
| Net Assets | $4.9M |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 55.2% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, National Ben Gamla Charter Schoolfoundation Inc reported a surplus of $483K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 55.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Ben Gamla Charter Schoolfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +8.5% | -7.3% |
| 2022 | -6.7% | -5.8% | +71.4% |
| 2021 | +6.2% | -2.8% | +9.1% |
| 2020 | -1.6% | +2.3% | +13.3% |
| 2019 | +1.7% | +3.1% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 National Ben Gamla Charter Schoolfoundation 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, National Ben Gamla Charter Schoolfoundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $483K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues exceeding $16 million annually. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, requiring deeper scrutiny for full 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 National Ben Gamla Charter Schoolfoundation Inc's IRS 990 filings:
- Unusually low reported administrative and fundraising expenses, potentially indicating miscategorization of costs or a highly lean operational model that warrants further investigation.
- Consistent 0% officer compensation for an organization of this size is highly unusual and might suggest compensation is reported in other expense lines, which could obscure true executive costs.
Strengths
The following positive indicators were identified for National Ben Gamla Charter Schoolfoundation Inc:
- Consistent revenue generation exceeding expenses, indicating financial stability.
- Significant growth in assets over the past decade, demonstrating strong financial management.
- High program spending efficiency, with expenses closely matching revenues.
- No reported officer compensation, suggesting a commitment to directing funds towards the mission or a volunteer-led executive structure.
Frequently Asked Questions about National Ben Gamla Charter Schoolfoundation Inc
Is National Ben Gamla Charter Schoolfoundation Inc a legitimate charity?
National Ben Gamla Charter Schoolfoundation Inc (EIN: 208961429) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $23.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does National Ben Gamla Charter Schoolfoundation Inc spend its money?
National Ben Gamla Charter Schoolfoundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to National Ben Gamla Charter Schoolfoundation Inc tax-deductible?
National Ben Gamla Charter Schoolfoundation Inc is registered as a tax-exempt nonprofit (EIN: 208961429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Ben Gamla Charter Schoolfoundation Inc CEO make?
National Ben Gamla Charter Schoolfoundation Inc's highest-compensated officer earns $16 annually. The organization reported $23.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Ben Gamla Charter Schoolfoundation Inc's spending goes to programs?
National Ben Gamla Charter Schoolfoundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Ben Gamla Charter Schoolfoundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), National Ben Gamla Charter Schoolfoundation 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 National Ben Gamla Charter Schoolfoundation Inc located?
National Ben Gamla Charter Schoolfoundation Inc is headquartered in Miami, Florida and files with the IRS under EIN 208961429. It is classified under NTEE code B29.
How many years of IRS 990 filings does National Ben Gamla Charter Schoolfoundation Inc have?
National Ben Gamla Charter Schoolfoundation 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 $23.8M in total revenue.
Is National Ben Gamla Charter Schoolfoundation Inc financially stable?
Yes, the organization appears financially stable. Its revenues consistently exceed expenses (e.g., $16,885,049 revenue vs. $16,402,024 expenses in 2023), and assets have grown significantly from $3.2 million in 2014 to $10.9 million in 2023.
How does National Ben Gamla Charter Schoolfoundation Inc manage executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This is a significant point of transparency, indicating that no direct compensation is paid to officers, or it is reported under other expense categories.
What is the trend in the organization's assets and liabilities?
Assets have shown a strong upward trend, growing from $3,223,628 in 2014 to $10,956,273 in 2023. Liabilities have also increased but at a slower rate, maintaining a healthy financial position.
Is the organization efficient in its spending?
Yes, the organization appears efficient. Expenses are consistently close to revenues (e.g., $16,402,024 expenses against $16,885,049 revenue in 2023), suggesting that the vast majority of funds are directly utilized for its operations and mission.
Filing History
IRS 990 filing history for National Ben Gamla Charter Schoolfoundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Ben Gamla Charter Schoolfoundation Inc's revenue has grown by 138.5%, moving from $7.1M to $16.9M. Total assets increased by 464.8% over the same period, from $1.9M to $11.0M. Total functional expenses rose by 136.3%, from $6.9M to $16.4M. In its most recent filing year (2023), National Ben Gamla Charter Schoolfoundation Inc reported a surplus of $483K, with revenue exceeding expenses. The organization holds $6.0M in liabilities against $11.0M in assets (debt-to-asset ratio: 55.2%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.9M | $16.4M | $11.0M | $6.0M | — | View 990 |
| 2022 | $15.8M | $15.1M | $11.8M | $7.4M | — | View 990 |
| 2021 | $16.9M | $16.1M | $6.9M | $3.2M | — | View 990 |
| 2020 | $16.0M | $16.5M | $6.3M | $3.6M | — | View 990 |
| 2019 | $16.2M | $16.1M | $5.6M | $2.3M | — | View 990 |
| 2018 | $15.9M | $15.7M | $5.3M | $2.1M | — | View 990 |
| 2017 | $16.2M | $15.7M | $3.9M | $933K | — | View 990 |
| 2016 | $15.5M | $15.3M | $3.3M | $798K | — | View 990 |
| 2015 | $12.6M | $12.8M | $3.1M | $804K | — | View 990 |
| 2014 | $13.0M | $12.8M | $3.2M | $708K | — | View 990 |
| 2013 | $12.7M | $11.7M | $3.2M | $882K | — | View 990 |
| 2012 | $9.8M | $9.5M | $2.5M | $1.1M | — | View 990 |
| 2011 | $7.1M | $6.9M | $1.9M | $885K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.9M, expenses of $16.4M, and assets of $11.0M (revenue +6.8% year-over-year).
- 2022: Revenue of $15.8M, expenses of $15.1M, and assets of $11.8M (revenue -6.7% year-over-year).
- 2021: Revenue of $16.9M, expenses of $16.1M, and assets of $6.9M (revenue +6.2% year-over-year).
- 2020: Revenue of $16.0M, expenses of $16.5M, and assets of $6.3M (revenue -1.6% year-over-year).
- 2019: Revenue of $16.2M, expenses of $16.1M, and assets of $5.6M (revenue +1.7% year-over-year).
- 2018: Revenue of $15.9M, expenses of $15.7M, and assets of $5.3M (revenue -1.6% year-over-year).
- 2017: Revenue of $16.2M, expenses of $15.7M, and assets of $3.9M (revenue +4.4% year-over-year).
- 2016: Revenue of $15.5M, expenses of $15.3M, and assets of $3.3M (revenue +23.0% year-over-year).
- 2015: Revenue of $12.6M, expenses of $12.8M, and assets of $3.1M (revenue -3.0% year-over-year).
- 2014: Revenue of $13.0M, expenses of $12.8M, and assets of $3.2M (revenue +2.0% year-over-year).
- 2013: Revenue of $12.7M, expenses of $11.7M, and assets of $3.2M (revenue +29.4% year-over-year).
- 2012: Revenue of $9.8M, expenses of $9.5M, and assets of $2.5M (revenue +38.9% year-over-year).
- 2011: Revenue of $7.1M, expenses of $6.9M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Ben Gamla Charter Schoolfoundation Inc:
Data Sources and Methodology
This transparency report for National Ben Gamla Charter Schoolfoundation 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.