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Education · 2022 Form 990

Everglades College Inc: $598.7M Revenue, $572.2M Expenses

San Juan, PR · EIN 650216638 · Filing year 2022

Everglades College Inc reported $598.7M in total revenue, $572.2M in total expenses, and $902.4M in total assets on its 2022 IRS Form 990. Total compensation for current officers and key employees was $4.4M (0.74% of revenue). NonprofitTruth efficiency grade: B (76/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2022.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
76/100

Key Facts (2022 Form 990)

Total Revenue
$598.7M
Total Expenses
$572.2M
Total Assets
$902.4M
Reserve Months
18.9 months
Surplus / (Deficit)
$26.5M
EIN
650216638
Latest 990 Year
2022
Current-Officer Compensation
$4.4M
Officer Comp % of Revenue
0.74%

The efficiency rubric puts Everglades College Inc at a B grade: a composite of 76/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Everglades College Inc is a large nonprofit by U.S. standards: $598.7M in 2022 revenue against $572.2M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. On the reserves factor, Everglades College Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue has grown modestly. Everglades College Inc is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Everglades College Inc reports $4.4M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $598.7M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Everglades College Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$598.7M
Revenue
$572.2M
Expenses
$902.4M
Total Assets
$4.4M
Officer Compensation

How Everglades College Inc Compares

Everglades College Inc earns a NonprofitTruth efficiency grade of B (76/100). That is 12 points above the Education category average. Compensation for current officers and key employees represents 0.74% of total revenue. The organization holds 18.9 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$572.2M
Total Expenses
Filing year 2022
$4.4M
Officer Compensation
0.74% of revenue
18.9 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Everglades College Inc reported $598.7M in revenue against $572.2M in total functional expenses for filing year 2022, holding roughly 18.9 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $4.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.74% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Everglades College Inc has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Everglades College Inc, Donor FAQ

Everglades College Inc has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Everglades College Inc reports $4.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.74% of the organization's $598.7M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Everglades College Inc reported $598.7M in annual revenue and $572.2M in total expenses for filing year 2022. The organization holds $902.4M in total assets.

Everglades College Inc holds approximately 18.9 months of operating reserves (total assets relative to annual expenses) based on its 2022 IRS Form 990, one input into its B efficiency grade.

Everglades College Inc is a registered 501(c) organization with EIN 650216638, based in San Juan, PR. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.