SUNCOAST CREDIT UNION FOUNDATION

EIN: 593037324 501(c)(3) Education

TAMPA, FL

Total Revenue
$7,675,008
Total Expenses
$6,381,661
Total Assets
$11,941,588
Net Assets
$11,941,588
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
FL
Principal Officer
GARY GRESHAM
Phone
8009995887
Tax Period
2025-01-01 to 2025-12-31

SUNCOAST CREDIT UNION FOUNDATION, founded in 1991, is a community nonprofit in the Education sector that reported $7.7M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 17% operating margin.

Mission

TO PROMOTE THE EDUCATION, HEALTH, AND EMOTIONAL WELL BEING OF CHILDREN IN OUR COMMUNITIES THROUGH SCHOLARSHIPS AND CONTRIBUTIONS TO PUBLIC SCHOOLS, MEDICAL RESEARCH AND DEVELOPMENT, FAMILY SUPPORT ORGANIZATIONS, AND OTHER CHARITABLE PROGRAMS OF DIRECT BENEFIT TO CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $545,100 Revenue: $0

FOUNDATION FOR LEE COUNTY PUBLIC SCHOOLS - THE FOUNDATION'S PARTNERSHIPS WITH THE PRIVATE SECTOR HAVE ALLOWED THEM TO CREATE AND OPERATE PROGRAMS AND INITIATIVES THAT GIVE STUDENTS AND TEACHERS IN...

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FOUNDATION FOR LEE COUNTY PUBLIC SCHOOLS - THE FOUNDATION'S PARTNERSHIPS WITH THE PRIVATE SECTOR HAVE ALLOWED THEM TO CREATE AND OPERATE PROGRAMS AND INITIATIVES THAT GIVE STUDENTS AND TEACHERS IN LEE COUNTY PUBLIC SCHOOLS THE OPPORTUNITY TO EXCEL. THE FOUNDATION SUPPORTS STUDENTS AND FAMILIES WHO ARE IN FINANCIAL NEED, PROVIDE EDUCATORS RESOURCES FOR AN EFFECTIVE LEARNING ENVIRONMENT, AND REWARD STUDENTS AND EDUCATORS WHO PROVE THEIR EXCELLENCE.

Program 2
Expenses: $220,000 Revenue: $0

CHAMPIONS FOR LEARNING HELPS THE COLLIER COUNTY COMMUNITY TO CREATE LIFE CHANGING LEARNING EXPERIENCES FOR EVERY STUDENT WITH A VISION OF COMMUNITY THAT IS 100% ENGAGED IN SUPPORT OF STUDENT SUCCESS...

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CHAMPIONS FOR LEARNING HELPS THE COLLIER COUNTY COMMUNITY TO CREATE LIFE CHANGING LEARNING EXPERIENCES FOR EVERY STUDENT WITH A VISION OF COMMUNITY THAT IS 100% ENGAGED IN SUPPORT OF STUDENT SUCCESS. THROUGH CHAMPIONS FOR LEARNING, THE SUNCOAST CREDIT UNION FOUNDATION HELPS PROVIDE GRANTS TO SUPPORT TEACHERS AND STUDENTS IN COLLIER COUNTY.

Program 3
Expenses: $605,500 Revenue: $0

THE HILLSBOROUGH EDUCATION FOUNDATION PROVIDES FUNDING TO HILLSBOROUGH COUNTY SCHOOLS THROUGH GRANTS, SCHOLARSHIPS, TEACHER RECOGNITION, ETC.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $7,300,549
Program Service Revenue $0
Investment Income $374,459
Other Revenue $0
TOTAL REVENUE $7,675,008

Expense Breakdown

Grants Paid $6,356,511
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,356,511
Other Expenses $25,150
TOTAL EXPENSES $6,381,661

Year-over-Year Comparison

2025 2024 Change
Revenue $7,675,008 $5,861,938 +0.3%
Expenses $6,381,661 $7,008,833 -0.1%
Net Income $1,293,347 $-1,146,895 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
5
$179,797
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB JONES TRUSTEE 1.00
Officer Director
$0 $0 $0
GARY GRESHAM CHAIR 1.00
Officer Director
$0 $0 $0
JOUNICE L NEALY-BROWN TRUSTEE 1.00
Officer Director
$0 $0 $0
ANDREA L FALVEY TRUSTEE 1.00
Officer Director
$0 $0 $0
JEFF KUNBERGER EXECUTIVE DIRECTOR 38.00
Officer
$0 $31,328 $179,797
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 $7,675,008 $6,381,661 $11,941,588 $1,293,347
2024 $5,861,938 $7,008,833 $10,343,319 $-1,146,895
2023 $5,703,017 $4,518,475 $11,156,562 $1,184,542
2022 $5,210,276 $4,314,398 $9,626,810 $895,878
2021 $4,962,379 $3,628,338 $9,353,837 $1,334,041
2020 $4,346,628 $3,713,759 $7,779,517 $632,869
2019 $4,333,787 $3,528,400 $6,863,679 $805,387
2018 $3,774,453 $3,344,424 $5,712,347 $430,029
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