Triumph Gulf Coast Inc
100% goes to programs $0 to raise $100 Strong reserves Growing revenue
Triumph Gulf Coast Inc is a 501(c)(3) organization based in Tallahassee, Florida, registered in 2018, with $113,038,235 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
Po Box 12007, Tallahassee, FL, 32317 EIN 82-1840264 Since 2018
Revenue (FY2024)
$113.0M
▲ 16.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$88.3M
Net assets
$604.6M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
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. For Triumph Gulf Coast Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating82 mo reserves · +22% 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 Triumph Gulf Coast Inc: 82 mo reserves · +22% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Triumph Gulf Coast Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Triumph Gulf Coast Inc: 4 of 5 disclosure signals earns a A 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.
Mission
Triumph gulf coast, inc. is a nonprofit corporation organized to oversee the expenditure of 75 percent of all funds recovered by the florida attorney general for economic damages to the state that resulted from the 2010 deepwater horizon oil spill. triumph gulf coast, inc., is required to administer the distribution of the funds to be used for the recovery, diversification, and enhancement of the eight northwest florida counties disproportionately affected by the oil spill. those counties include escambia, santa rosa, okaloosa, walton, bay, gulf, franklin and wakulla.
Contact & location
- Address
- Po Box 12007, Tallahassee, FL, 32317
- City
- Tallahassee
- State
- Florida
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $300.0M (FY2017) to $113.0M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.1MNet assets $604.6M
Operating margin
21.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$617.7M
Total liabilities
$13.1M
Net assets
$604.6M
Salaries & benefits
$129K
0% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $113,038,235▲16.8% | $88,313,540▲67.2% | $604,596,118▲4.3% | $617,674,364▲4.3% | 990 |
| 2023 | $96,800,588▲13.9% | $52,834,774▲47.7% | $579,871,423▲7.0% | $592,362,789▲8.9% | 990 |
| 2022 | $85,000,000▲6.3% | $35,783,003▲67.2% | $542,170,288▲10.0% | $544,199,482▲10.2% | 990 |
| 2021 | $80,000,000 | $21,395,355▲244% | $492,953,291▲13.5% | $493,644,757▲13.6% | 990 |
| 2020 | $80,000,000 | $6,214,028▼72.6% | $434,348,646▲20.5% | $434,446,484▲20.3% | 990 |
| 2019 | $80,000,000▲1710% | $22,698,080▲2640% | $360,562,674▲18.9% | $361,150,783▲18.8% | 990 |
| 2018 | $4,419,277▼98.5% | $828,283▲151% | $303,260,754▲1.2% | $303,933,819▲1.2% | 990 |
| 2017 | $300,000,000 | $330,240 | $299,669,760 | $300,240,625 | 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.
Leadership & compensation (FY2024)
Highest-paid: Susan Skelton — $120,000 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Susan Skelton | Executive Director | 40 | $120,000 |
| Bryan A Corr Sr | Board Member | 5 | — |
| David L Humphreys | Board Member | 5 | — |
| David M Bear | Chair | 5 | — |
| Jay Trumbull Sr | Board Member | 5 | — |
| J Collier Merrill | Vice Chair | 5 | — |
| Leslie Weiss | Board Member | 5 | — |
| Reynolds Henderson | Treasurer | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Clark Partington Hart Larry Bond and | Legal Services | $222,000 |
| Tipton Marler Garner & Chastain | Accounting Services | $196,584 |
| Rick Harper Phd Inc | Economic Advisor/consulting Services | $124,000 |
| Henderson Public Affairs | Public Relations | $113,020 |
Grants made · $87.3M in FY2024
27 grants totaling $87.3M in FY2024 — showing the 15 largest. All grants made by Triumph Gulf Coast Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Okaloosa County Board of County Commissioners | Funding will provide for the construction of a bypass around crestview to divert traffic from state road 85 to areas in and around crestview to the west. | $32,460,976 |
| Wakulla County School Board | The grant will provide funding for the war eagle academy. it includes expanding career and technical education in wakulla county to meet workforce demainds in the florida panhandle and surrounding areas. | $11,735,612 |
| Northwest Florida State College | The grant will provide funding to establish the walton works training center of excellence to increase northwest florida state college's ability to provide industry-recognized credentials and expand programs that address the unmet hiring needs of employers in the region. additional funding is requested to creat the aviation center of excellence to establish workforce training programs at the crestview technology air park in okaloosa county. | $8,397,016 |
| Florida Institute For Human and Machine Cognition | Imhc proposes to establish a center of excellence focused on expanding work into the cutting-edge field of human healthspan, resilience and performance. the grant will assist in operations, purchasing new equipment, and in turn, attract more renowned scientists and researchers. | $5,673,783 |
| Santa Rosa County Board of County Commissioners | Funding will be used to acquire and improve 45 acres of prime industrial property in santa rosa county. improvements include extending sewer to the site, mitigating wetland features, and construction of a 380,000 square foot distribution center. | $4,364,000 |
| Pensacola International Airport | This grant will provide funding for the city of pensacola for aircraft maintenance, repair, and overhaul of the aviation campus at pensacola international airport. | $4,255,398 |
| Okaloosa Technical College | This grant will provide funding to offer accelerated certifications in constructions and electrical labor for up to 75 students so they will become part of the highly skilled professional workforce to rebuild northwest florida. | $3,700,000 |
| Florida State University | The grant will provide funding for the apalachicola bay system initiative (absi) and its efforts to obtain solutions to the ecosystem decline and to develop the strategic and implementation plans needed for moving towards recovery. the absi is a multidisciplinary effort designed to gain an understanding of the current distribution and productivity of oyster populations throughout franklin county, the forces acting on ecosystem health, and the best practices for restoration and recovery that will improve opportunities for wild harvest and aquaculture of oysters and other economically important species. | $2,321,772 |
| Wakulla County Board of County Commissioners | Funding will be used for a new first responder communication system for wakulla county fire and rescue and wakulla county sheriff's office. | $2,293,101 |
| Santa Rosa County Board of County Commissioners | Funding is being used to complete infrastructure construction to the santa rosa industrial park east, specifically to allow three manufacturing companies to expand into the site. | $1,547,666 |
| Wakulla County School Board | The walton county school district proposes to promote economic recovery, diversify the region'seconomic opportunities, and enhance the talent available to walton county and the region through studentattainment of industry certifications, intentional instructional design including expansion and scaling ofpostsecondary career education/dual enrollment opportunities, and innovative healthcare careerpreparatory training. | $1,266,022 |
| Franklin County Board of County Commissioners | Funding will go toward a project to upgrade the aging fuel delivery system at the county-owned apalachicola regional airport. | $1,239,094 |
| Gulf Coast State College | The funds are used for the program for unmanned aerial systems pilot boot camp for exiting military - a 16-week program designed to assist exiting military personnel in bay, escambia, franklin, gulf, okaloosa, santa rosa, walton, and wakulla counties to become certified as remote pilots of unmanned aerial systems. | $1,225,943 |
| City of Panama City | This grant will assist in increasing employment opportunities through a public/private partnership between panama city and eastern shipbuilding group, providing employment for the manufacturing, launching and outfitting of ten to twenty-five united states coast guard offshore patrol cutters at its shipyards in panama city. | $1,206,602 |
| Pensacola State College | Funding will support the constuction of phase ii of a cybersecurity center to meet demand for students seeking degrees in cybersecurity and information technology. | $1,082,481 |
Similar organizations in Human Services
Human Services
Hope Hospice and Community Services Inc
Temple Terr, FL
$112.8M
B+annual revenue
Human Services
Tidewell Hospice Inc
Lakewood Ranch, FL
$111.4M
A+annual revenue
- Human Services
Redlands Christian Migrant Association Inc
Immokalee, FL
$108.5M
A+annual revenue
Human Services
Hospice of the Florida Suncoast Inc
Lakewood Ranch, FL
$107.6M
A+annual revenue
Human Services
Central Florida Cares Health System Inc
Orlando, FL
$120.8M
Bannual revenue
Human Services
Episcopal Childrens Services Inc
Jacksonville, FL
$99.8M
B+annual revenue
Human Services
North Central Florida Hospice Inc
Gainesville, FL
$98.4M
B+annual revenue
Human Services
Family Support Services of Suncoast LLC
Jacksonville, FL
$129.5M
Bannual revenue
Cornerstone Hospice & Palliative Care Inc
Temple Terr, FL
$94.1M
Aannual revenue
Human Services
Community Hospice of Northeast Florida Inc
Jacksonville, FL
$131.9M
Aannual revenue
Compare Triumph Gulf Coast Inc
Frequently asked questions
- Is Triumph Gulf Coast Inc a legitimate nonprofit?
- Yes. Triumph Gulf Coast Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-1840264, based in Tallahassee, Florida. Donations are tax-deductible.
- What is Triumph Gulf Coast Inc's EIN?
- Triumph Gulf Coast Inc's Employer Identification Number (EIN) is 82-1840264.
- How much revenue does Triumph Gulf Coast Inc report?
- Triumph Gulf Coast Inc reported $113,038,235 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Triumph Gulf Coast Inc's spending goes to programs?
- Triumph Gulf Coast Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Triumph Gulf Coast Inc have?
- CharityIndex grades Triumph Gulf Coast Inc A, based on program efficiency and fundraising cost.
- How much does Triumph Gulf Coast Inc's highest-paid employee make?
- The highest reported compensation on Triumph Gulf Coast Inc's latest Form 990 is $120,000, paid to Susan Skelton (Executive Director).
More nonprofits in Tallahassee
Explore more
Data for Triumph Gulf Coast Inc (EIN 82-1840264) 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.