Florida Gulf Coast University Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,949,503 | 7,332,179 | 2,617,324 | 114.8 | 0% |
| 2012 | 7,798,218 | 8,366,340 | −568,122 | 98.7 | 0% |
| 2013 | 9,583,720 | 7,820,085 | 1,763,635 | 118.9 | 0% |
| 2014 | 21,567,477 | 9,783,858 | 11,783,619 | 123.4 | 0% |
| 2015 | 15,852,742 | 9,749,641 | 6,103,101 | 129.9 | 0% |
| 2016 | 21,956,679 | 12,695,937 | 9,260,742 | 105.0 | 0% |
| 2017 | 26,514,654 | 16,151,157 | 10,363,497 | 91.9 | 0% |
| 2018 | 17,392,075 | 15,229,161 | 2,162,914 | 102.4 | 0% |
| 2019 | 17,180,569 | 19,600,174 | −2,419,605 | 81.5 | 0% |
| 2020 | 24,893,229 | 17,914,536 | 6,978,693 | 97.6 | 0% |
| 2021 | 21,067,344 | 20,940,515 | 126,829 | 99.9 | 0% |
| 2022 | 25,895,312 | 20,282,820 | 5,612,492 | 96.0 | 0% |
| 2023 | 29,949,264 | 22,028,403 | 7,920,861 | 99.9 | 0% |
In its most recent public year (2023), this organization brought in $7,920,861 more than it spent. Its reserves stood at about 99.9 months of spending, down from 114.8 in 2011. Staff pay was 0% of spending. $169,622,541 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 2023. 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
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