Worldclass Schools Of Leon County Inc
Worldclass Schools Of Leon County Inc consistently operates near break-even with no reported officer compensation.
EIN: 134202729 · Tallahassee, FL · NTEE: B90 · Updated: 2026-03-28
Is Worldclass Schools Of Leon County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Worldclass Schools Of Leon County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Worldclass Schools Of Leon County Inc
Worldclass Schools Of Leon County Inc (EIN: 134202729) is a nonprofit organization based in Tallahassee, FL, classified under NTEE code B90. The organization reported total revenue of $1.1M and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Worldclass Schools Of Leon County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Worldclass Schools Of Leon County Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-23,895 |
| Total Assets | $209K |
| Total Liabilities | $87K |
| Net Assets | $122K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Worldclass Schools Of Leon County Inc reported a deficit of $24K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Worldclass Schools Of Leon County Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.5% | +29.9% | -39.6% |
| 2022 | +19.8% | +22.8% | +92.3% |
| 2021 | -24.0% | -24.0% | +2.9% |
| 2020 | -8.2% | -7.8% | -4.9% |
| 2019 | -0.7% | +1.7% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Worldclass Schools Of Leon County 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, Worldclass Schools Of Leon County 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 deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting either a fully volunteer leadership or compensation structured in a way not reported as officer compensation on the 990.
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 Worldclass Schools Of Leon County Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may warrant further inquiry into how leadership is compensated.
Strengths
The following positive indicators were identified for Worldclass Schools Of Leon County Inc:
- Consistent operational activity with revenues and expenses closely matched, indicating sound financial management.
- Reported 0% officer compensation across all filings, suggesting a strong commitment to mission-focused spending or volunteer leadership.
- Clear alignment between organization name and NTEE code (Elementary & Secondary Education), indicating a focused mission.
- Long filing history (13 filings) demonstrates sustained operation and transparency in reporting.
Frequently Asked Questions about Worldclass Schools Of Leon County Inc
Is Worldclass Schools Of Leon County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Worldclass Schools Of Leon County Inc (EIN: 134202729) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Worldclass Schools Of Leon County Inc spend its money?
Worldclass Schools Of Leon County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Worldclass Schools Of Leon County Inc tax-deductible?
Worldclass Schools Of Leon County Inc is registered as a tax-exempt nonprofit (EIN: 134202729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Worldclass Schools Of Leon County Inc a good charity?
Based on the available data, the organization appears to be a good charity, particularly due to its consistent operational balance and the reported 0% officer compensation, which suggests a strong commitment to directing funds towards its mission.
How does Worldclass Schools Of Leon County Inc manage its finances?
The organization manages its finances by generally operating near a break-even point, with revenues closely matching expenses year over year. For example, in 2023, expenses were $1,318,858 against revenues of $1,294,963.
What is the trend in assets and liabilities for Worldclass Schools Of Leon County Inc?
Assets have fluctuated, peaking at $346,063 in 2022 and then decreasing to $209,194 in 2023. Liabilities have also varied, from a low of $10,034 in 2021 to a high of $203,459 in 2022.
Does Worldclass Schools Of Leon County Inc pay its officers?
According to all available IRS 990 filings, Worldclass Schools Of Leon County Inc consistently reports 0% officer compensation, indicating that officers are either unpaid volunteers or compensated through other means not categorized as officer compensation.
How stable is Worldclass Schools Of Leon County Inc financially?
The organization demonstrates reasonable financial stability, consistently managing its expenses close to its revenues. While there are minor operational deficits in some years (e.g., 2023), these are not substantial enough to indicate significant instability.
Filing History
IRS 990 filing history for Worldclass Schools Of Leon County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Worldclass Schools Of Leon County Inc's revenue has declined by 13.7%, moving from $1.5M to $1.3M. Total assets increased by 80.7% over the same period, from $116K to $209K. Total functional expenses fell by 11%, from $1.5M to $1.3M. In its most recent filing year (2023), Worldclass Schools Of Leon County Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $87K in liabilities against $209K in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $209K | $87K | — | View 990 |
| 2022 | $992K | $1.0M | $346K | $203K | — | View 990 |
| 2021 | $828K | $827K | $180K | $10K | — | View 990 |
| 2020 | $1.1M | $1.1M | $175K | $14K | — | View 990 |
| 2019 | $1.2M | $1.2M | $184K | $25K | — | View 990 |
| 2018 | $1.2M | $1.2M | $171K | $19K | — | View 990 |
| 2017 | $1.4M | $1.4M | $126K | $11K | — | View 990 |
| 2016 | $1.4M | $1.4M | $178K | $73K | — | View 990 |
| 2015 | $1.6M | $1.6M | $188K | $90K | — | View 990 |
| 2014 | $1.6M | $1.6M | $208K | $112K | — | View 990 |
| 2013 | $1.8M | $1.8M | $347K | $250K | — | View 990 |
| 2012 | $1.7M | $1.7M | $174K | $90K | — | View 990 |
| 2011 | $1.5M | $1.5M | $116K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $209K (revenue +30.5% year-over-year).
- 2022: Revenue of $992K, expenses of $1.0M, and assets of $346K (revenue +19.8% year-over-year).
- 2021: Revenue of $828K, expenses of $827K, and assets of $180K (revenue -24.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $175K (revenue -8.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $184K (revenue -0.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $171K (revenue -16.2% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $126K (revenue -0.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $178K (revenue -12.0% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $188K (revenue +0.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $208K (revenue -10.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $347K (revenue +7.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $174K (revenue +12.8% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Worldclass Schools Of Leon County Inc:
Data Sources and Methodology
This transparency report for Worldclass Schools Of Leon County 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.