Gulf Coast State College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,326,594 | 1,453,044 | −126,450 | 213.8 | 20% |
| 2012 | 1,285,428 | 1,954,956 | −669,528 | 153.7 | 10% |
| 2013 | 1,663,237 | 2,718,566 | −1,055,329 | 117.6 | 8% |
| 2014 | 1,438,538 | 1,805,654 | −367,116 | 200.3 | 14% |
| 2015 | 1,447,045 | 1,661,242 | −214,197 | 220.4 | 15% |
| 2016 | 1,255,973 | 1,709,330 | −453,357 | 207.1 | 15% |
| 2017 | 1,218,240 | 2,311,628 | −1,093,388 | 162.9 | 12% |
| 2018 | 1,507,617 | 1,795,768 | −288,151 | 223.0 | 16% |
| 2019 | 1,277,422 | 2,693,916 | −1,416,494 | 148.6 | 11% |
| 2020 | 1,251,710 | 2,650,799 | −1,399,089 | 143.7 | 11% |
| 2021 | 1,875,968 | 2,283,693 | −407,725 | 202.4 | 12% |
| 2022 | 5,181,722 | 3,496,262 | 1,685,460 | 120.6 | 16% |
| 2023 | 2,289,447 | 3,386,316 | −1,096,869 | 125.8 | 15% |
| 2024 | 2,258,688 | 3,954,717 | −1,696,029 | 111.7 | 14% |
In its most recent public year (2024), this organization spent $1,696,029 more than it brought in. Its reserves stood at about 111.7 months of spending, down from 213.8 in 2011. Staff pay was 14% of spending. $36,823,143 of its net assets are donor-restricted.
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
Gulf Coast State College Foundation Inc'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