Florida Gulf Coast University Financing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 14,948,564 | 11,488,582 | 3,459,982 | 39.4 | 2% |
| 2013 | 18,529,152 | 25,544,336 | −7,015,184 | 14.4 | 1% |
| 2014 | 18,467,434 | 14,826,771 | 3,640,663 | 27.8 | 1% |
| 2015 | 20,083,905 | 21,044,519 | −960,614 | 19.0 | 1% |
| 2016 | 20,672,296 | 23,114,734 | −2,442,438 | 16.1 | 1% |
| 2017 | 18,698,237 | 24,472,777 | −5,774,540 | 12.3 | 0% |
| 2018 | 19,131,836 | 18,895,789 | 236,047 | 16.1 | 0% |
| 2019 | 19,977,434 | 16,935,396 | 3,042,038 | 20.2 | 0% |
| 2020 | 19,416,153 | 17,625,176 | 1,790,977 | 20.6 | 0% |
| 2021 | 20,217,169 | 14,312,663 | 5,904,506 | 30.3 | 0% |
| 2022 | 19,327,322 | 15,353,767 | 3,973,555 | 31.4 | 0% |
| 2023 | 19,684,638 | 18,762,148 | 922,490 | 26.3 | 0% |
| 2024 | 19,225,027 | 23,681,314 | −4,456,287 | 18.5 | 0% |
In its most recent public year (2024), this organization spent $4,456,287 more than it brought in. Its reserves stood at about 18.5 months of spending, down from 39.4 in 2012. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Florida Gulf Coast University Financing Corporation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works