Gulf Coast State College Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Gulf Coast State College Foundation Inc is a 501(c)(3) organization based in Panama City, Florida, registered in 1970, with $1,689,950 in FY2024 revenue. CharityIndex grades it D.
5230 W Highway 98, Panama City, FL, 32401 EIN 59-1682455 Since 1970
Revenue (FY2024)
$1.7M
▼ 25.2% vs prior year
Expenses (FY2024)
$3.4M
Net assets
$38.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gulf Coast State College Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating135 mo reserves · -102% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gulf Coast State College Foundation Inc: 135 mo reserves · -102% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gulf Coast State College Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gulf Coast State College Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5230 W Highway 98, Panama City, FL, 32401
- City
- Panama City
- State
- Florida
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.4M (FY2013) to $1.7M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $76KNet assets $38.4M
Operating margin
-101.8%
Spent more than it raised in the latest fiscal year.
Total assets
$38.4M
Total liabilities
$76K
Net assets
$38.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,689,950▼25.2% | $3,410,452▼13.8% | $38,356,700▲4.2% | $38,433,044▲4.0% | 990 |
| 2023 | $2,258,688▼1.3% | $3,954,717▲16.8% | $36,823,143▲3.7% | $36,941,970▲3.7% | 990 |
| 2022 | $2,289,447▼55.8% | $3,386,316▼3.1% | $35,494,030▲1.0% | $35,633,572▲0.9% | 990 |
| 2021 | $5,181,722▲176% | $3,496,262▲53.1% | $35,134,439▼8.8% | $35,326,007▼8.5% | 990 |
| 2020 | $1,875,968▲49.9% | $2,283,693▼13.8% | $38,517,879▲21.3% | $38,616,359▲21.1% | 990 |
| 2019 | $1,251,710▼2.0% | $2,650,799▼1.6% | $31,742,169▼4.9% | $31,887,360▼4.6% | 990 |
| 2018 | $1,277,422▲4.9% | $2,693,916▲16.5% | $33,364,993▲6.3% | $33,409,457▲5.4% | 990 |
| 2016 | $1,218,240▼3.0% | $2,311,628▲35.2% | $31,381,150▲6.4% | $31,696,483▲7.4% | 990 |
| 2015 | $1,255,973▼13.2% | $1,709,330▲2.9% | $29,502,532▼3.3% | $29,517,775▼3.3% | 990 |
| 2014 | $1,447,045▲0.6% | $1,661,242▼8.0% | $30,506,463▲1.2% | $30,528,537▲1.1% | 990 |
| 2013 | $1,438,538 | $1,805,654▼33.6% | $30,132,410▲13.1% | $30,206,482▲12.8% | 990 |
| 2012 | — | $2,718,566▲39.1% | $26,633,251▲6.3% | $26,777,175▲6.3% | 990 |
| 2011 | — | $1,954,956 | $25,044,215 | $25,194,913 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $774K total
16 grants to Gulf Coast State College Foundation Inc totaling $774K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Sarasota County Inc | Education | 2024 | $80,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $50,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $7,071 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2023 | $80,000 |
| National Philanthropic Tr | Education | 2023 | $50,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $10,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $7,071 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2022 | $90,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2021 | $100,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2020 | $60,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2019 | $40,000 |
| Community Foundation of Sarasota County Inc | Program support | 2018 | $40,000 |
| Community Foundation of Sarasota County Inc | Scholarships | 2017 | $40,000 |
| Community Foundation of Sarasota County Inc | Financial assistance to part-time students who may not qualify for other financial aid | 2016 | $40,000 |
| Community Foundation of Sarasota County Inc | To be used for financial assistance to part-time students who may not qualify for other financial aid - for tuition/ board/ books/ childcare/ etc. summer 2016 or fall 2016 semesters | 2015 | $40,000 |
Frequently asked questions
- Is Gulf Coast State College Foundation Inc a legitimate nonprofit?
- Yes. Gulf Coast State College Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1682455, based in Panama City, Florida. Donations are tax-deductible.
- What is Gulf Coast State College Foundation Inc's EIN?
- Gulf Coast State College Foundation Inc's Employer Identification Number (EIN) is 59-1682455.
- How much revenue does Gulf Coast State College Foundation Inc report?
- Gulf Coast State College Foundation Inc reported $1,689,950 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gulf Coast State College Foundation Inc have?
- CharityIndex grades Gulf Coast State College Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Gulf Coast State College Foundation Inc (EIN 59-1682455) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.