Nature Coast Middle School Inc
Nature Coast Middle School Inc maintains stable finances with no officer compensation reported.
EIN: 203093202 · Chiefland, FL · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $800K |
| Total Expenses | $879K |
| Program Spending | 90% |
| Net Assets | $271K |
| Transparency Score | 92/100 |
Is Nature Coast Middle School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nature Coast Middle School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nature Coast Middle School Inc
Nature Coast Middle School Inc (EIN: 203093202) is a nonprofit organization based in Chiefland, FL, classified under NTEE code B29. The organization reported total revenue of $800K and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nature Coast Middle School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nature Coast Middle School Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $871K |
| Total Expenses | $879K |
| Surplus / Deficit | $-7,566 |
| Total Assets | $617K |
| Total Liabilities | $345K |
| Net Assets | $271K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 56.0% |
| Months of Reserves | 8.4 months |
Financial Health Grade: C
In 2024, Nature Coast Middle School Inc reported a deficit of $8K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 56.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Nature Coast Middle School Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.9% | +9.3% | -5.4% |
| 2023 | +20.5% | +6.4% | +1.0% |
| 2022 | -7.5% | +1.3% | -9.3% |
| 2021 | +7.0% | +6.7% | +3.0% |
| 2020 | +6.0% | +6.8% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Nature Coast Middle School Inc with a Mission Score of 92 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, Nature Coast Middle 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of this size and suggests a volunteer-led or externally funded leadership structure.
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 Nature Coast Middle School Inc's IRS 990 filings:
- Slight deficit in the most recent filing (202406) where expenses ($879,001) exceeded revenue ($871,435).
Strengths
The following positive indicators were identified for Nature Coast Middle School Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Significant reduction in liabilities over the past decade, from $615,914 in 201506 to $345,498 in 202406, improving financial stability.
- Maintained substantial assets, with $616,694 in the latest period, providing a buffer for operations.
- Generally stable revenue generation over a long period, demonstrating consistent support and operational capacity.
Frequently Asked Questions about Nature Coast Middle School Inc
Is Nature Coast Middle School Inc a legitimate charity?
Nature Coast Middle School Inc (EIN: 203093202) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $800K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Nature Coast Middle School Inc spend its money?
Nature Coast Middle School Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Nature Coast Middle School Inc tax-deductible?
Nature Coast Middle School Inc is registered as a tax-exempt nonprofit (EIN: 203093202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nature Coast Middle School Inc's spending goes to programs?
Nature Coast Middle School Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nature Coast Middle School Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nature Coast Middle School 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 Nature Coast Middle School Inc located?
Nature Coast Middle School Inc is headquartered in Chiefland, Florida and files with the IRS under EIN 203093202. It is classified under NTEE code B29.
How many years of IRS 990 filings does Nature Coast Middle School Inc have?
Nature Coast Middle School Inc has 14 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 $800K in total revenue.
Is Nature Coast Middle School Inc a good charity?
Based on the available financial data, Nature Coast Middle School Inc appears to be a well-managed organization with a strong commitment to its mission, evidenced by consistent operations, a healthy asset-to-liability ratio, and no reported officer compensation. The NTEE code B29 suggests it is a K-12 school, and the financial data supports a focus on operational expenses for educational purposes.
How has the organization's financial health changed over time?
The organization has generally maintained a stable financial position. While there have been minor fluctuations, such as a slight deficit in the 202406 period (expenses $879,001 vs. revenue $871,435), the overall trend shows consistent revenue generation and a significant reduction in liabilities from $615,914 in 201506 to $345,498 in 202406, indicating improved financial health.
What is the organization's approach to executive compensation?
Nature Coast Middle School Inc consistently reports 0% officer compensation across all 14 filings. This indicates that no salaries are paid to officers or key employees, which is a strong positive for directing funds to programs but might also suggest that leadership roles are filled by volunteers or compensated through other means not reflected in these filings.
Filing History
IRS 990 filing history for Nature Coast Middle School Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Nature Coast Middle School Inc's revenue has grown by 30.7%, moving from $667K to $871K. Total assets increased by 448.5% over the same period, from $112K to $617K. Total functional expenses rose by 32.8%, from $662K to $879K. In its most recent filing year (2024), Nature Coast Middle School Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $345K in liabilities against $617K in assets (debt-to-asset ratio: 56.0%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $871K | $879K | $617K | $345K | — | View 990 |
| 2023 | $880K | $805K | $652K | $376K | — | View 990 |
| 2022 | $730K | $756K | $645K | $416K | — | View 990 |
| 2021 | $789K | $747K | $711K | $457K | — | View 990 |
| 2020 | $737K | $700K | $690K | $478K | — | View 990 |
| 2019 | $695K | $655K | $673K | $499K | — | View 990 |
| 2018 | $612K | $579K | $660K | $526K | — | View 990 |
| 2017 | $550K | $516K | $661K | $560K | — | View 990 |
| 2016 | $549K | $569K | $661K | $594K | — | View 990 |
| 2015 | $653K | $595K | $725K | $616K | — | View 990 |
| 2014 | $631K | $584K | $700K | $628K | — | View 990 |
| 2013 | $519K | $665K | $80K | $32K | — | View 990 |
| 2012 | $585K | $642K | $71K | $40K | — | View 990 |
| 2011 | $667K | $662K | $112K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $871K, expenses of $879K, and assets of $617K (revenue -0.9% year-over-year).
- 2023: Revenue of $880K, expenses of $805K, and assets of $652K (revenue +20.5% year-over-year).
- 2022: Revenue of $730K, expenses of $756K, and assets of $645K (revenue -7.5% year-over-year).
- 2021: Revenue of $789K, expenses of $747K, and assets of $711K (revenue +7.0% year-over-year).
- 2020: Revenue of $737K, expenses of $700K, and assets of $690K (revenue +6.0% year-over-year).
- 2019: Revenue of $695K, expenses of $655K, and assets of $673K (revenue +13.7% year-over-year).
- 2018: Revenue of $612K, expenses of $579K, and assets of $660K (revenue +11.3% year-over-year).
- 2017: Revenue of $550K, expenses of $516K, and assets of $661K (revenue +0.1% year-over-year).
- 2016: Revenue of $549K, expenses of $569K, and assets of $661K (revenue -15.9% year-over-year).
- 2015: Revenue of $653K, expenses of $595K, and assets of $725K (revenue +3.4% year-over-year).
- 2014: Revenue of $631K, expenses of $584K, and assets of $700K (revenue +21.7% year-over-year).
- 2013: Revenue of $519K, expenses of $665K, and assets of $80K (revenue -11.4% year-over-year).
- 2012: Revenue of $585K, expenses of $642K, and assets of $71K (revenue -12.2% year-over-year).
- 2011: Revenue of $667K, expenses of $662K, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nature Coast Middle School Inc:
Data Sources and Methodology
This transparency report for Nature Coast Middle 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.