BEducationEIN: 593455773· Ruling Year: 1998

Gulf Coast Workforce Development Board Inc

Panama City, Florida

CHealth Score
42C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.23×
Peer Median20.77×
💰
$4.1M
Total Revenue
📊
$4.6M
Total Expenses
🏦
$1.0M
Net Assets
📋
$3.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.6%
Year-over-year change (2022 → 2023)
Net Margin
-11.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.23
Net assets divided by total expenses
Liabilities-to-Assets
76.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,099,0077%$4,555,5634%$4,305,73512%
2022$4,387,59053%$4,721,34345%$4,890,57777%
2021$9,285,10726%$8,527,06131%$2,763,30528%
2020$12,513,28093%$12,424,24898%$2,159,30623%
2019$6,467,735110%$6,260,377108%$2,791,947121%
2018$3,085,3863%$3,011,009$1,262,3189%
2017$3,169,88730%$3,005,14233%$1,160,18421%
2016$4,525,74747%$4,466,96547%$959,00423%
2015$8,577,47367%$8,473,32566%$1,238,84910%
2014$5,126,56251%$5,092,95351%$1,127,87447%
2013$10,375,63897%$10,297,86698%$2,115,713106%
2012$5,255,30018%$5,201,01819%$1,028,26549%
2011$6,412,121$6,400,492$691,129

Frequently Asked Questions

What does Gulf Coast Workforce Development Board Inc do?

Gulf Coast Workforce Development Board Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gulf Coast Workforce Development Board Inc financially healthy?

Based on our 9-metric Financial Health Score model, Gulf Coast Workforce Development Board Inc has a score of 42/100 (Grade: C). 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 Gulf Coast Workforce Development Board Inc generate?

Gulf Coast Workforce Development Board Inc reports $3.3M in annual revenue and holds $3.7M in total assets, based on IRS filings.

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Gulf Coast Workforce Development Board Inc — Panama City, FL | GiveScope