ZUnclassifiedEIN: 591204602· Ruling Year: 1969

Gasparilla Island Water Assoc Inc

Boca Grande, Florida

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.74×
Peer Median15.40×
💰
$7.7M
Total Revenue
📊
$5.8M
Total Expenses
🏦
$21.7M
Net Assets
📋
$20.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.7%
Year-over-year change (2022 → 2023)
Net Margin
+24.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.74
Net assets divided by total expenses
Liabilities-to-Assets
48.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,711,20313%$5,803,01710%$41,777,5422%
2022$6,839,4293%$5,272,86010%$40,821,70120%
2021$6,664,12710%$4,804,8197%$33,973,49517%
2020$6,057,99710%$4,504,4602%$29,096,62327%
2019$5,523,46712%$4,604,58818%$22,857,08112%
2018$4,937,77610%$3,906,0772%$20,399,0887%
2017$4,468,96211%$3,838,2041%$19,146,61523%
2016$4,013,0777%$3,814,670$15,612,1154%
2015$4,312,0226%$3,811,2771%$15,036,7631%
2014$4,581,4793%$3,779,8701%$15,116,9972%
2013$4,466,8981%$3,748,1047%$14,779,9212%
2012$4,418,0766%$3,494,6114%$14,555,4933%
2011$4,166,922$3,627,312$14,155,124

Frequently Asked Questions

What does Gasparilla Island Water Assoc Inc do?

Gasparilla Island Water Assoc Inc is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gasparilla Island Water Assoc Inc financially healthy?

Based on our 9-metric Financial Health Score model, Gasparilla Island Water Assoc Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Gasparilla Island Water Assoc Inc generate?

Gasparilla Island Water Assoc Inc reports $9.0M in annual revenue and holds $45.2M in total assets, based on IRS filings.

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Gasparilla Island Water Assoc Inc — Boca Grande, FL | GiveScope