Philanthropy & Grantmaking
(T12)
IRS Verified
DX Registered
990 on File
MARK GARWOOD FOUNDATION INC
Financial strength (30%)
83/100
Reliability (20%)
45/100
Effectiveness (25%)
77/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Mark Garwood Foundation provides hope, changes lives and build futures. Since 2015, the Mark Garwood Foundation has provided over $725,000 in Phoenix Scholarships to 86 adults in south Florida who are in recovery, committed to long-term sobriety and ready to begin or continue their education. Over 90% of scholarship recipients remain sober while part of the program and complete their educational goals. Our 37 alumni have earned 55 degrees, including 2 doctoral degrees.
Financial Overview — FY 2024
$217K
Total Revenue
$185K
Total Expenses
$368K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.6%
Fundraising Efficiency
0.6%
Operating Reserve
23.87x
Liability-to-Asset
0.0%
Revenue Diversification
77.6%
Compared with Peers
FY 2024
Compared with 16,645 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.6% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.7% | 7.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.7% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.6% | 7.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.9 mo | 95.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.6% | 90.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-9.3% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.1% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.8% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $217K | $185K | $368K | 74.6% | 0 |
| 2023 | $239K | $174K | $222K | 55.6% | 0 |
| 2022 | $231K | $160K | $277K | 46.8% | — |
| 2021 | $189K | $113K | $206K | 52.2% | — |
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