Education
(B41I)
IRS Verified
DX Registered
990 on File
THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Foundation for Florida Gateway College is a private 501(c)(3), non-profit organization that exists solely to provide financial support for Florida Gateway College and the students it serves. Funds are raised to provide student scholarships, purchase equipment and teaching resources, and grant other, much needed support.
Financial Overview — FY 2025
$2.2M
Total Revenue
$1.5M
Total Expenses
$29.4M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.6%
Fundraising Efficiency
N/A
Operating Reserve
227.54x
Liability-to-Asset
0.1%
Revenue Diversification
85.9%
Executive Compensation
$6K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
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
|
87.6% | 84.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 12.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.4% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
227.5 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 21.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.9% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
92.9% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.5% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
28.3% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.2M | $1.5M | $29.4M | 87.6% | 1 |
| 2024 | $1.1M | $1.3M | $27.3M | 89.5% | 1 |
| 2023 | $1.3M | $1.3M | $24.1M | 91.2% | 1 |
| 2022 | $2.0M | $1.7M | $25.8M | 93.0% | 1 |
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