Southwest Florida Ceo

Nonprofit profile at a glance

EIN
884073126
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Naples, FL, USA
Phone
2392448808
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$123,226
Expenses
$144,686
Assets
$42,340
Liabilities
$263

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

Leadership & pay

5 people listed

People named in this filing

  • TARREN BRAGDON (CHAIR)
  • JONATHAN HOWGATE (VICE CHAIR)
  • OLGA DECAPRIO (DIRECTOR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The program inducted the first class of students this year. Several important tenets around the creation of class include, ceo meets in business locations, never in a school or classroom. Ceo visits 40+ businesses, has 40+ guest speakers, starts real not theoretical businesses both as a class and as individuals. The students develop local networks and have a local business mentor. Ceo is framed around realworld experiences.

What it reported doing in 2024

The program is based upon the foundational skills of financial literacy, communication, critical reasoning, business management and employability skills. Creating entrepreneurial opportunities (ceo) is a year-long course designed to utilize partnerships that provide an overview of business development and processes. Our local business community partners with area schools to create project based experiences for participants by providing funding, expertise, meeting space, business tours, and one-on-one mentoring. Participants visit area businesses, learn from guest speakers, participate in a class business, write business plans, and start and operate their own businesses. Business concepts learned through the experiential ceo class are critical; the 21st-century skills of problem-solving, teamwork, self-motivation, responsibility, higher-order thinking, communication, and inquiry are at the heart of a student's development throughout the course.

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

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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 24
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.4%; rating input score 97
  • Program expense ratio: 82.9%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -17.4%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 69% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -32.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 97.4% of revenue deployed · 82.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $120K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.