Gainesville Area Chamber of Commerce Foundation INC
Nonprofit profile at a glance
- EIN
- 593183023
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Gainesville, FL, USA
- Phone
- 3523347103
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
Reported finances
- Revenue
- $51,103
- Expenses
- $34,049
- Assets
- $57,909
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- S Yvette Carter (Board Chair)
- Dug Jones (Board Chair)
- Joleen Cacciatore Miller (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purpose of the foundation is to enhance local education and to do other charitable work, which supports and enhances education and the development of a more productive, skilled and inclusive workforce in alachua county, Florida.
What it reported doing in 2025
The greater gainesville chambers alachua county education compact (acec) launched the six-event-seriesin collaboration with alachua county public schools, the education foundation of alachua county, santa fe college, sf achieve, university of Florida, lyfehouse and dream on purpose. The acec galvanized the greater gainesville community specifically to counteract the negative impact of covid-19 on college enrollment by addressing the decrease in completed fafsas among 2020 and 2021 high school graduates.
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 19
- Transparency & Controls: 100
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.1%; rating input score 16
- Program expense ratio: 24.2%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 33.4%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 14.8% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 18.7% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 21.1% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 16.1% of revenue deployed · 24.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $8K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.