GULF COAST STATE COLLEGE FOUNDATION INC (EIN 591682455) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

AUSTIN KLANJAC

Phone

8508723810

Tax Period

2024-07-01 to 2025-06-30

GULF COAST STATE COLLEGE FOUNDATION INC, founded in 1967, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 102% operating deficit.

Mission

TO CREATE A SCHOLARSHIP PROGRAM PROVIDING EDUCATIONAL OPPORTUNITIES TO DESERVING STUDENTS AND TO ENHANCE THE EDUCATIONAL PROGRAMS AND STUDENT SERVICES AVAILABLE AT GULF COAST STATE COLLEGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $747,342

Program Service Revenue $0

Investment Income $815,548

Other Revenue $127,060

TOTAL REVENUE $1,689,950

Expense Breakdown

Grants Paid $2,571,093

Salaries & Benefits $369,365

Fundraising Expenses $205,992

Program Expenses $2,664,049

Other Expenses $469,994

TOTAL EXPENSES $3,410,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,689,950	$2,258,688	-0.3%
Expenses	$3,410,452	$3,954,717	-0.1%
Net Income	$-1,720,502	$-1,696,029	+0.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$178,905

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SEAN PRESTON	EXE. DIRECTO	40.00	Officer	$178,905	$0	$178,905
LES BRACKETT	DIRECTOR	N/A	Director	$0	$0	$0
HAL BURLESON	DIRECTOR	N/A	Director	$0	$0	$0
KATHY CROWLEY	DIRECTOR	N/A	Director	$0	$0	$0
ARTHUR CULLEN	DIRECTOR	N/A	Director	$0	$0	$0
BUDDY CZUBAJ	DIRECTOR	N/A	Director	$0	$0	$0
CHERYL FLAX-HYMAN	GCSC EXECUTI	N/A	Officer Director	$0	$0	$0
DANA FORD-LEDMAN	DIRECTOR	N/A	Director	$0	$0	$0
GARY GORMAN	SECRETARY	N/A	Officer Director	$0	$0	$0
REBECCA HALL-CARY	DIRECTOR	N/A	Director	$0	$0	$0
JOE HOLT	DIRECTOR	N/A	Director	$0	$0	$0
TERRI HOSKINS	DIRECTOR	N/A	Director	$0	$0	$0
TREY HUTT	PAST PRESIDE	N/A	Officer Director	$0	$0	$0
JERRY SOWELL JR	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM C CRAMER JR	ADVISOR	N/A	Director	$0	$0	$0
JACK KERIGAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL KIRKLAND	DIRECTOR	N/A	Director	$0	$0	$0
AUSTIN KLANJAC	TREASURER	N/A	Officer Director	$0	$0	$0
GLEN MCDONALD	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MEYER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JASON MOREHOUSE	DIRECTOR	N/A	Director	$0	$0	$0
CHARLOTTE NEWBY	DIRECTOR	N/A	Director	$0	$0	$0
CLAIRE SHERMAN	DIRECTOR	N/A	Director	$0	$0	$0
BILLY JOE SMILEY	DIRECTOR	N/A	Director	$0	$0	$0
CAROLINE WINDHAM	PAST PRESIDE	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,689,950	$3,410,452	$38,433,044	$-1,720,502
2024	$2,258,688	$3,954,717	$36,941,970	$-1,696,029
2023	$2,289,447	$3,386,316	$35,633,572	$-1,096,869
2022	$5,181,722	$3,496,262	$35,326,007	$1,685,460
2021	$1,875,968	$2,283,693	$38,616,359	$-407,725
2020	$1,251,710	$2,650,799	$31,887,360	$-1,399,089
2019	$1,277,422	$2,693,916	$33,409,457	$-1,416,494

GULF COAST STATE COLLEGE FOUNDATION INC