Bilingual School of Business & Performing Arts Inc
Nonprofit profile at a glance
- EIN
- 455467461
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Miami, FL, USA
- Phone
- 7863554233
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $762,016
- Expenses
- $828,689
- Assets
- $417,503
- Liabilities
- $154,255
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- MIRIAM DE FRANCISCO (EXECUTIVE DI): $84,280 total reported compensation
- YAQUELIN CAZORLA (DIRECTOR): $900 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purpose of the organization is to provide high-quality youth development programs for children through academic, physical, artistic, emotional, and entrepreneurial activities that they will use in years to come.
What it reported doing in 2024
The organization provided high-quality youth development programs for children through academic, physical, artistic, emotional, and entrepreneurial activities that they will use in years to come. Number of clients served: of infants/preschoolers (ages 0-5): 53 of children (ages 6- 12): 133 of youth (ages 13- 17): 35 of young adults (ages 18-22): 1 total of children/youth/young adults: 222 annual student award ceremony september 29, 2024 fall photoshoot week october 21, 2024 captain's club extravaganza october 28, 2024 thanksgiving bash & captain's club event november 20, 2024 kenna morris garcia master classes december 7, 2024 monologue nite december 9-14, 2024 winter holiday showcase december 16-19, 2024 anchors club vision board party january 12, 2025 ballroom team competition february 3, 2025 dance & mt team competition february 17-21, 2025 mama mia mini-musical march 14, 2025 mj the mini-musical march 15, 2025 the lion king mini-musical march 16, 2025 vida: who's in control? Production june 2025 freestyle sumer camp june-july 2025
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 91
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77%; rating input score 77
- Program expense ratio: 75.7%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.7%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 20% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 18.3% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 27.9% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 77% of revenue deployed · 75.7% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $627K in reported program spending
- Leadership: top reported pay $84K · 8 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.