North County Charter School Inc
Nonprofit profile at a glance
- EIN
- 650865183
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Vero Beach, FL, USA
- Phone
- 7727941941
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $3,895,286
- Expenses
- $4,209,716
- Assets
- $8,578,075
- Liabilities
- $1,138,560
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DALE SIMCHICK (PRESIDENT)
People named in this filing
- SUSAN AGUIRRE (TREASURER)
- BRIAN COOK (VICE PRESIDE)
- SEAN PRESCOTT (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To prepare learners of hillsborough, k through 8th grade, for high school, college, and for the work force by delivering a world class education through the arts in a collaborative environment fueled by a passion for learning.
What it reported doing in 2024
To produce intelligent, informed, caring and involved citizens of exceptional character.
Operating model
- Revenue model
- Earned-program. 88% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 83
- Accountability: 94
- Sustainability: 43
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.3%; rating input score 99
- Program expense ratio: 91.9%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.1%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 2.04; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: -8.9% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 99.3% of revenue deployed · 91.9% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $3.9M in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- 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 — Sustainability: Operating margin scored 16/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.