Florida South Coast University

Nonprofit profile at a glance

EIN
882788423
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022
Location
Fort Pierce, FL, USA
Phone
7725213229
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Higher Education Institutions

Reported finances

Revenue
$34,300
Expenses
$4,300
Assets
$50,000

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • HERBERT RICARDO (PRESIDENT)

People named in this filing

  • HERBERT RICARDO (PRESIDENT)
  • DAVID BADAL (VICE PRESIDE)
  • KELLY O'ROURKE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The institutions' objesctive is to provide the treasure coast community with an institution of higher education which will provide graduate programs. This institution will provide advances learning, research, and community partnerships for leadership achievement.

What it reported doing in 2022

Educational program - general management degree which will focus on operation and leadership for mid-manager position for most industries. Understanding constant changes and being able to adapt ones department, division or organization is critical to advancing the institution. Entrepreneurship and crativity and innovation are factors in ensuring agility and quality with products and services.

Operating model

Revenue model
Donor-supported. 100% 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.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.5%; rating input score 13
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 87.5%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 11.63; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 12.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 1 filing year from 2022
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.