LINCOLN-MARTI CHARTER SCHOOLS INC

EIN: 200909669 501(c)(3) Education

MIAMI, FL

Total Revenue
$18,516,398
Total Expenses
$18,184,893
Total Assets
$23,203,174
Net Assets
$12,517,117
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
MARIA DENIA VASALLO
Phone
3056434888
Tax Period
2022-07-01 to 2023-06-30

LINCOLN-MARTI CHARTER SCHOOLS INC, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $18.5M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HIGH QUALITY EDUCATIONAL CHOICES TO SOUTH FLORIDA FAMILIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $18,516,398
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $18,516,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,095,057
Fundraising Expenses $0
Program Expenses $17,644,127
Other Expenses $9,089,836
TOTAL EXPENSES $18,184,893

Year-over-Year Comparison

2022 2021 Change
Revenue $18,516,398 $16,958,626 +0.1%
Expenses $18,184,893 $14,656,155 +0.2%
Net Income $331,505 $2,302,471 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
467
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$166,320
Total Directors
4
$166,320
Key Employees
1
$193,665
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA SANCHEZ PRINCIPAL 40.0
Key Emp
$193,665 $0 $193,665
MARIA C RODRIGUEZ ADMINISTRATOR 40.0
Highest
$171,864 $0 $171,864
YORYANA MANRRESA TREASURER 2.0
Officer Director
$0 $0 $144,470
MARILYN J MEULENER ADMINISTRATOR 40.0
Highest
$138,731 $0 $138,731
MARIELYS LLORENTE Assistant Principal 40.0
Highest
$113,556 $0 $113,556
KATHERINE REYES ASSISTANT PRINCIPAL 40.0
Highest
$109,291 $0 $109,291
IDELMIS CLAVIJO PRINCIPAL 40.0
Highest
$103,295 $0 $103,295
MARIA D VASALLO PRESIDENT 4.0
Officer Director
$0 $0 $21,850
CLAY REINER VICE-PRESIDENT (THRU 12/22) 2.0
Officer Director
$0 $0 $0
ISRAEL SALABARRIA VICE-PRESIDENT (AS OF 06/23) 2.0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $18,516,398 $18,184,893 $23,203,174 $331,505
2022 $16,958,626 $14,656,155 $12,751,030 $2,302,471
2021 $15,316,634 $14,060,823 $12,862,040 $1,255,811
2020 $15,714,876 $14,367,185 $11,057,953 $1,347,691
2019 $15,864,440 $14,693,979 $8,160,162 $1,170,461
2018 $15,262,695 $14,445,211 $6,696,894 $817,484
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