Nursing Consortium Of Florida Inc
Nursing Consortium Of Florida Inc shows consistent revenue growth and strong financial health with no officer compensation.
EIN: 200065161 · South Miami, FL · NTEE: B50 · Updated: 2026-03-28
Is Nursing Consortium Of Florida Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nursing Consortium Of Florida Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nursing Consortium Of Florida Inc
Nursing Consortium Of Florida Inc (EIN: 200065161) is a nonprofit organization based in South Miami, FL, classified under NTEE code B50. The organization reported total revenue of $628K and total assets of $314K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nursing Consortium Of Florida Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nursing Consortium Of Florida Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $371K |
| Total Expenses | $364K |
| Surplus / Deficit | +$7K |
| Total Assets | $326K |
| Net Assets | $326K |
| Operating Margin | 2.0% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2022, Nursing Consortium Of Florida Inc reported a surplus of $7K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Nursing Consortium Of Florida Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +34.5% | +32.9% | +2.3% |
| 2021 | +42.6% | +52.1% | +0.7% |
| 2020 | -32.4% | -21.5% | +5.6% |
| 2019 | +28.1% | +6.4% | +22.8% |
| 2018 | -5.9% | +7.3% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Nursing Consortium Of Florida 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, Nursing Consortium Of Florida 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
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.
Strengths
The following positive indicators were identified for Nursing Consortium Of Florida Inc:
- Consistent revenue growth over the past decade, from $215,626 in 2013 to $371,012 in 2022.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Strong asset growth from $82,093 in 2013 to $326,227 in 2022.
- Minimal to zero liabilities reported, demonstrating excellent financial health and solvency.
- Expenses generally track revenue, suggesting funds are actively used for operations.
Frequently Asked Questions about Nursing Consortium Of Florida Inc
Is Nursing Consortium Of Florida Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nursing Consortium Of Florida Inc (EIN: 200065161) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Nursing Consortium Of Florida Inc spend its money?
Nursing Consortium Of Florida Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nursing Consortium Of Florida Inc tax-deductible?
Nursing Consortium Of Florida Inc is registered as a tax-exempt nonprofit (EIN: 200065161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nursing Consortium Of Florida Inc financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $215,626 in 2013 to $371,012 in 2022, and a healthy asset base of $326,227 in 2022 with virtually no liabilities.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or very low overhead in this area, which is highly efficient.
Has the organization's revenue been growing?
Yes, revenue has shown a significant upward trend, increasing from $215,626 in 2013 to $371,012 in 2022, indicating growing support and activity.
What is the organization's liability situation?
The organization consistently reports minimal to zero liabilities across all filings, indicating excellent financial management and a strong balance sheet.
Filing History
IRS 990 filing history for Nursing Consortium Of Florida Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Nursing Consortium Of Florida Inc's revenue has grown by 143.6%, moving from $152K to $371K. Total assets increased by 5677% over the same period, from $6K to $326K. Total functional expenses rose by 117.1%, from $167K to $364K. In its most recent filing year (2022), Nursing Consortium Of Florida Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $371K | $364K | $326K | $0 | — | — |
| 2021 | $276K | $274K | $319K | $0 | — | View 990 |
| 2020 | $194K | $180K | $317K | $0 | — | View 990 |
| 2019 | $286K | $229K | $300K | $0 | — | View 990 |
| 2018 | $223K | $215K | $244K | $1K | — | View 990 |
| 2017 | $238K | $201K | $235K | $0 | — | — |
| 2016 | $233K | $183K | $198K | $0 | — | View 990 |
| 2015 | $195K | $195K | $148K | $0 | — | View 990 |
| 2014 | $287K | $221K | $148K | $0 | — | View 990 |
| 2013 | $216K | $191K | $82K | $0 | — | View 990 |
| 2012 | $263K | $211K | $57K | $0 | — | View 990 |
| 2011 | $152K | $167K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $371K, expenses of $364K, and assets of $326K (revenue +34.5% year-over-year).
- 2021: Revenue of $276K, expenses of $274K, and assets of $319K (revenue +42.6% year-over-year).
- 2020: Revenue of $194K, expenses of $180K, and assets of $317K (revenue -32.4% year-over-year).
- 2019: Revenue of $286K, expenses of $229K, and assets of $300K (revenue +28.1% year-over-year).
- 2018: Revenue of $223K, expenses of $215K, and assets of $244K (revenue -5.9% year-over-year).
- 2017: Revenue of $238K, expenses of $201K, and assets of $235K (revenue +2.0% year-over-year).
- 2016: Revenue of $233K, expenses of $183K, and assets of $198K (revenue +19.4% year-over-year).
- 2015: Revenue of $195K, expenses of $195K, and assets of $148K (revenue -32.0% year-over-year).
- 2014: Revenue of $287K, expenses of $221K, and assets of $148K (revenue +33.0% year-over-year).
- 2013: Revenue of $216K, expenses of $191K, and assets of $82K (revenue -17.9% year-over-year).
- 2012: Revenue of $263K, expenses of $211K, and assets of $57K (revenue +72.4% year-over-year).
- 2011: Revenue of $152K, expenses of $167K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nursing Consortium Of Florida Inc:
Data Sources and Methodology
This transparency report for Nursing Consortium Of Florida 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.