Breakthrough Miami Inc

Nonprofit profile at a glance

EIN
262105534
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Miami, FL, USA
Phone
3054604359
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$7,648,872
Expenses
$5,977,485
Assets
$5,835,989
Liabilities
$136,622

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • LORI-ANN COX (CEO)

Highest reported compensation

  • LORI-ANN COX (CEO): $254,197 total reported compensation
  • NICOLE KAUFMAN GLASGOW (CHIEF PHILAN): $174,626 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Breakthrough miami uses a unique "students-teaching-students" model to create a rigorous, vibrant learning community, where highly motivated, under-resourced 5th-12th grade students are supported to achieve post- secondary success and emerging leaders are inspired to become the next generation of educators and advocates.

What it reported doing in 2024

Breakthrough miami impacts 2,000 young people each year, including more than 1600 5th-12th graders on an 8-year scholar journey, 144 teaching fellows serving in a paid summer leadership internship, and 600 volunteers across seven sites. Breakthrough's model is proven to support youth to thrive academically and develop as leaders. More than 90% of breakthrough scholars take advanced courses by 11th grade, 100% graduate from high school on time, and 98% enroll immediately in college. Breakthrough scholars are outperforming their peers in college persistence (86%) and degree attainment (70%). A robust americorps program, breakthrough has grown to support 154 members serving as teaching fellows and success coaches, and is now one of the largest partners in Florida. Breakthrough miami was honored as the 2023 program of the year by the children's trust, recognizing outstanding excellence in youth development. Building on 33 years of experience. Breakthrough miami is actively expanding to serve more students and families in south Florida.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.8%; rating input score 64
  • Program expense ratio: 81.3%; rating input score 81
  • Fundraising efficiency: $156.46 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 21.9%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 7.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 63.8% of revenue deployed · 81.3% of spending went to programs
  • Governance: 24 of 24 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.9M in reported program spending
  • Leadership: top reported pay $254K · 30 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $476K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.