North Fort Myers Academy Arts Foundation Inc

Nonprofit profile at a glance

EIN
201665545
IRS 990-EZ coverage
2011–2025
Forms available
Form 990-EZ 2025
Location
North Fort Myers, FL, USA
Phone
2399972131
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$24,381
Expenses
$32,792
Assets
$111,728
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • KARISSA CICCONE (PRESIDENT)
  • CHRISTY LEE IWANOW (VICE-PRESIDENT)

People named in this filing

  • KARISSA CICCONE (PRESIDENT)
  • CHRISTY LEE IWANOW (VICE-PRESIDENT)
  • JENNALEE SHIERLING (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The north ft myers academy arts foundation is a 501c-3 nonprofit organization whose purpose is to increase and fund the aspirations and artistic development of nfmaa students and faculty. We work to provide opportunities for artistic growth, exploration, and increase community awareness of the vitality of the arts programs at nfmaa.

What it reported doing in 2025

Professional association fees paid for staff members to further their abilities to teach students in the areas of the arts and scholastic areas.

Operating model

Revenue model
Other-operating. 81% of the money available for current operations came from other operating 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 program spending has grown recently. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.9%; rating input score 60
  • Program expense ratio: 44.5%; rating input score 45

Transparency & Controls

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

Sustainability

  • Operating margin: -34.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 3.41; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 0.1% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 59.9% of revenue deployed · 44.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2011 to 2025
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 45/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.