Health Care
(E60)
IRS Verified
DX Registered
990 on File
GULFSIDE HEALTHCARE SERVICES INC
Financial strength (30%)
31/100
Reliability (20%)
45/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$2.4M
Total Revenue
$9.0M
Total Expenses
$-28,422,044
Net Assets
546
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
8.6%
Fundraising Efficiency
N/A
Operating Reserve
-37.94x
Liability-to-Asset
605.1%
Revenue Diversification
83.0%
Executive Compensation
$1.5M
Compared with Peers
FY 2023
Compared with 4,424 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2023.
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
|
8.6% | 85.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
91.4% | 11.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-37.9 mo | 9.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
605.1% | 14.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.0% | 91.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-8.1% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-51.5% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-280.8% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.4M | $9.0M | $-28,422,044 | 8.6% | 546 |
| 2022 | $2.6M | $18.5M | $-30,019,453 | 55.8% | 502 |
| 2021 | $8.5M | $15.0M | N/A | — | 492 |
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