Employment
(J320)
IRS Verified
DX Registered
990 on File
GULFSTREAM GOODWILL INDUSTRIES INC
Financial strength (30%)
70/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Gulfstream Goodwill Industries, a private non-profit organization, assists people with disabilities and other barriers to employment to become self-sufficient, working members of our community.
Financial Overview — FY 2023
$55.5M
Total Revenue
$59.5M
Total Expenses
$6.1M
Net Assets
1190
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.3%
Fundraising Efficiency
N/A
Operating Reserve
1.24x
Liability-to-Asset
89.2%
Revenue Diversification
88.9%
Executive Compensation
$2.1M
Compared with Peers
FY 2023
Compared with 340 similar organizations
(United States, Employment, $10M–$100M in expenses), FY 2023.
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
|
87.3% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.8% | 11.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.2 mo | 7.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
89.2% | 34.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.9% | 92.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
2.2% | 8.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.5% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.3% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $55.5M | $59.5M | $6.1M | 87.3% | 1190 |
| 2022 | $54.3M | $58.1M | $10.1M | 90.2% | 1529 |
| 2021 | $55.4M | $52.3M | N/A | — | 1412 |
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