Charity Search / GLADES ACADEMY INC
Philanthropy & Grantmaking (T70) 990 on File

GLADES ACADEMY INC

EIN: 65-1032601 · PALM BEACH, FL 33480-0000 · United States · FY 2025 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 55/100
Effectiveness (25%) 82/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$3.9M
Total Revenue
$3.6M
Total Expenses
$2.0M
Net Assets
30
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.6%
Fundraising Efficiency N/A
Operating Reserve 6.78x
Liability-to-Asset 31.1%
Revenue Diversification 100.0%
Executive Compensation $124K
Compared with Peers
FY 2025
Compared with 1,971 similar organizations (United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.6% 91.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
11.4% 8.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 2.6%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.8 mo 61.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
31.1% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 90.9%
P10P90
Bottom quarter
Surplus margin
Surplus as a share of revenue
8.0% 2.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $3.9M $3.6M $2.0M 88.6% 30
2023 $3.2M $3.3M $1.0M 79.3% 28
2022 $3.2M $2.6M $1.1M 83.9% 28
2021 $2.5M $2.6M N/A 27
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Organization Details
EIN
65-1032601
State
FL
City
PALM BEACH
ZIP
33480-0000
Classification
T70
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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