Gulfstream Goodwill Career Academy
- Assets
- $238.7k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 4
- Location
- W Palm Beach, FL
- Founding
- 01/2005
- Data as of
- 06/2022
- EIN
- 51-0498259
Organization Overview
Gulfstream Goodwill Career Academy is located in W Palm Beach, FL. The organization was established in 2005. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Gulfstream Goodwill Career Academy employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulfstream Goodwill Career Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Gulfstream Goodwill Career Academy generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A PUBLIC CHARTER SCHOOL PROVIDING EDUCATION TO CHILDREN OFGRADES 9-12, TO DISABLED STUDENTS WITH SPECIFIC EXCEPTIONALITIES, WHO ARE OF TRAINABLE MENTALLY HANDICAPPED AGES OF FOURTEEN TO TWENTY-TWO IN PALM BEACH COUNTY, FL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A PUBLIC CHARTER SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ronald F Albano Board Chair | OfficerTrustee | 0.25 | $0 |
Rosalina Hom Secretary/treasurer | OfficerTrustee | 0.25 | $0 |
Diane Jackson Board Member | Trustee | 0.25 | $0 |
Yuliet Batallan Board Member | Trustee | 0.25 | $0 |
Joan Mccabe Board Chair | Trustee | 0.25 | $0 |
Melissa Feig Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $75,041 |
| Government grants | $996,034 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,205 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,079,280 |
| Total Program Service Revenue | $20,477 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,187,634 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $531,070 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,302 |
| Payroll taxes | $39,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,346 |
| Fees for services: Accounting | $23,587 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,023 |
| Advertising and promotion | $420 |
| Office expenses | $36,931 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $260,896 |
| Travel | $63,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,899 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,907 |
| Insurance | $59,413 |
| All other expenses | $11,237 |
| Total functional expenses | $1,261,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,714 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,603 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,000 |
| Net Land, buildings, and equipment | $2,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,462 |
| Total assets | $238,654 |
| Accounts payable and accrued expenses | $33,606 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $302,604 |
| Total liabilities | $336,210 |
| Net assets without donor restrictions | -$99,685 |
| Net assets with donor restrictions | $2,129 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $238,654 |