THE DOWNTOWN MIAMI CHARTER SCHOOL INC (EIN 651157122) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

CARLOS LAGO

Phone

3055796675

Tax Period

2023-07-01 to 2024-06-30

THE DOWNTOWN MIAMI CHARTER SCHOOL INC, founded in 2001, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

A PUBLIC CHARTER SCHOOL SERVING STUDENTS FROM KINDERGARTEN THROUGH SIXTH GRADE IN MIAMI-DADE COUNTY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,740,010

Program Service Revenue $2,115,814

Investment Income $672

Other Revenue $0

TOTAL REVENUE $6,856,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,260,023

Fundraising Expenses $0

Program Expenses $4,501,138

Other Expenses $3,611,517

TOTAL EXPENSES $6,871,540

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,856,496	$6,025,963	+0.1%
Expenses	$6,871,540	$6,378,884	+0.1%
Net Income	$-15,044	$-352,921	-1.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS LAGO	CHAIRMAN	3.00	Officer Director	$0	$0	$0
JULIO PITI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHARLES WEBBER	DIRECTOR	1.00	Director	$0	$0	$0
LILIANA COLLAZO	DIRECTOR	1.00	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	$6,856,496	$6,871,540	$6,982,911	$-15,044
2023	$6,025,963	$6,378,884	$7,135,711	$-352,921
2022	$6,115,468	$6,736,622	$7,883,196	$-621,154
2021	$6,102,697	$5,908,243	$1,756,433	$194,454
2020	$5,960,049	$6,065,002	$1,422,297	$-104,953
2019	$5,738,072	$5,827,719	$1,478,696	$-89,647
2018	$6,079,944	$6,008,105	$1,551,508	$71,839

THE DOWNTOWN MIAMI CHARTER SCHOOL INC