Charity Search / NORTH FLORIDA RETIREMENT VILLAGE INC
Human Services (P750) 990 on File

NORTH FLORIDA RETIREMENT VILLAGE INC

EIN: 59-1912330 · GAINESVILLE, FL 32606-8633 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$40.1M
Total Revenue
$36.4M
Total Expenses
$-2,411,972
Net Assets
525
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.9%
Fundraising Efficiency N/A
Operating Reserve -0.79x
Liability-to-Asset 102.8%
Revenue Diversification 98.0%
Executive Compensation $167K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations (United States, Human Services, $10M–$100M 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
80.9% 87.5%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
19.2% 11.1%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.2%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-0.8 mo 6.6 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
102.8% 32.8%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.0% 92.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
8.6% 7.6%
P10P90
Expense growth
Year over year expense growth
5.4% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
9.0% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $40.1M $36.4M $-2,411,972 80.9% 525
2023 $36.9M $34.6M $-6,189,193 80.7% 490
2022 $33.2M $32.0M $-7,232,508 81.3% 508
2021 $31.7M $36.8M N/A 515
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Organization Details
EIN
59-1912330
State
FL
City
GAINESVILLE
ZIP
32606-8633
Classification
P750
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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