Gulfarium C A R E Foundation Inc is a 501(c)(3) organization based in Ft Walton Bch, Florida, registered in 2015, with $255,451 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$255K
▲ 121.4% vs prior year
Animals median: $151K
Expenses (FY2024)
$223K
Net assets
$626K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Gulfarium C A R E 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 →
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 Gulfarium C A R E Foundation Inc: 34 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
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 Gulfarium C A R E 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 →
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 Gulfarium C A R E Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $68K (FY2018) to $255K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
12.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$626K
Total liabilities
$0
Net assets
$626K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $255,451▲121% | $223,016▲62.6% | $625,665▲5.5% | $625,665▲5.3% | 990 |
| 2023 | $115,360▼51.4% | $137,130▼0.9% | $593,230▼3.5% | $593,925▼3.4% | 990 |
| 2022 | $237,154▲764% | $138,308▲162% | $615,000▲19.2% | $615,000▲19.1% | 990 |
| 2021 | $27,451▼72.1% | $52,752▲25.6% | $516,154▼4.7% | $516,227▼4.7% | 990 |
| 2020 | $98,318▼75.8% | $41,984▲37.9% | $541,455▲11.6% | $541,455▲11.6% | 990 |
| 2019 | $405,925▲493% | $30,450▲189% | $485,121▲351% | $485,121▲351% | 990 |
| 2018 | $68,437 | $10,543 | $107,656 | $107,656 | 990EZ |
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.
Explore more
Data for Gulfarium C A R E Foundation Inc (EIN 47-2967019) 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.