Gulf Coast Business Council
Gulf Coast Business Council reports deficit in 2023 after several years of revenue exceeding expenses.
EIN: 205237349 · Gulfport, MS · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $607K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $485K |
| Transparency Score | 85/100 |
Is Gulf Coast Business Council Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gulf Coast Business Council directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gulf Coast Business Council
Gulf Coast Business Council (EIN: 205237349) is a nonprofit organization based in Gulfport, MS, classified under NTEE code S40. The organization reported total revenue of $327K and total assets of $500K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gulf Coast Business Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gulf Coast Business Council is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $541K |
| Total Expenses | $607K |
| Surplus / Deficit | $-66,033 |
| Total Assets | $752K |
| Total Liabilities | $266K |
| Net Assets | $485K |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 35.4% |
| Months of Reserves | 14.8 months |
Financial Health Grade: B
In 2023, Gulf Coast Business Council reported a deficit of $66K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 35.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gulf Coast Business Council's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +4.5% | -12.8% |
| 2022 | -21.2% | +10.2% | -3.0% |
| 2021 | -4.3% | -5.1% | +10.1% |
| 2020 | -3.1% | -12.5% | +5.4% |
| 2019 | -1.7% | +14.8% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gulf Coast Business Council with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gulf Coast Business Council allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led leadership or that compensation is covered by other means, which is highly efficient for an organization of its size with revenues typically in the $400,000-$600,000 range.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gulf Coast Business Council's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (2023), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Gulf Coast Business Council:
- Consistent reporting of 0% officer compensation, indicating highly efficient executive leadership.
- History of strong financial management with revenues often exceeding expenses in prior years.
- Healthy asset base ($751,500 in 2023) relative to liabilities ($266,100 in 2023).
- Long operational history with 13 IRS 990 filings, suggesting stability and established presence.
Frequently Asked Questions about Gulf Coast Business Council
Is Gulf Coast Business Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Gulf Coast Business Council (EIN: 205237349) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Gulf Coast Business Council spend its money?
Gulf Coast Business Council directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gulf Coast Business Council tax-deductible?
Gulf Coast Business Council is registered as a tax-exempt nonprofit (EIN: 205237349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gulf Coast Business Council CEO make?
Gulf Coast Business Council's highest-compensated officer earns $400,000 annually. The organization reported $327K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gulf Coast Business Council's spending goes to programs?
Gulf Coast Business Council directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gulf Coast Business Council compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gulf Coast Business Council is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gulf Coast Business Council located?
Gulf Coast Business Council is headquartered in Gulfport, Mississippi and files with the IRS under EIN 205237349. It is classified under NTEE code S40.
How many years of IRS 990 filings does Gulf Coast Business Council have?
Gulf Coast Business Council has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $327K in total revenue.
Is Gulf Coast Business Council a good charity?
Based on the available IRS 990 data, the Gulf Coast Business Council appears to be a well-managed organization. It consistently reports 0% officer compensation, indicating efficient use of funds at the executive level. While it experienced a deficit in 2023, it has a history of revenues exceeding expenses in prior years, and its assets remain substantial relative to liabilities.
How has the organization's financial health changed over time?
The organization's financial health has been generally stable, with revenues fluctuating between approximately $430,000 and $664,000 annually. Assets peaked in 2021 at $889,293 and have since decreased to $751,500 in 2023. While it had several years where revenue exceeded expenses (e.g., 2021, 2020, 2018), the most recent filing (2023) shows expenses ($607,409) exceeding revenue ($541,376).
What is the trend in the organization's assets and liabilities?
Assets have shown growth over the decade, from $638,146 in 2014 to a peak of $889,293 in 2021, before declining to $751,500 in 2023. Liabilities have also fluctuated but generally remained within a manageable range, typically between $200,000 and $310,000, indicating a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Gulf Coast Business Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gulf Coast Business Council's revenue has grown by 5%, moving from $515K to $541K. Total assets decreased by 19.6% over the same period, from $935K to $752K. Total functional expenses rose by 9.2%, from $556K to $607K. In its most recent filing year (2023), Gulf Coast Business Council reported a deficit of $66K, with expenses exceeding revenue. The organization holds $266K in liabilities against $752K in assets (debt-to-asset ratio: 35.4%), resulting in net assets of $485K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $541K | $607K | $752K | $266K | — | — |
| 2022 | $477K | $581K | $862K | $311K | — | View 990 |
| 2021 | $606K | $528K | $889K | $293K | — | View 990 |
| 2020 | $633K | $556K | $808K | $269K | — | — |
| 2019 | $653K | $635K | $766K | $305K | — | View 990 |
| 2018 | $665K | $553K | $678K | $236K | — | View 990 |
| 2017 | $536K | $527K | $594K | $263K | — | View 990 |
| 2016 | $431K | $504K | $526K | $205K | — | View 990 |
| 2015 | $457K | $481K | $603K | $208K | — | View 990 |
| 2014 | $431K | $448K | $638K | $219K | — | View 990 |
| 2013 | $448K | $543K | $702K | $266K | — | View 990 |
| 2012 | $539K | $622K | $819K | $289K | — | View 990 |
| 2011 | $515K | $556K | $935K | $322K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $541K, expenses of $607K, and assets of $752K (revenue +13.4% year-over-year).
- 2022: Revenue of $477K, expenses of $581K, and assets of $862K (revenue -21.2% year-over-year).
- 2021: Revenue of $606K, expenses of $528K, and assets of $889K (revenue -4.3% year-over-year).
- 2020: Revenue of $633K, expenses of $556K, and assets of $808K (revenue -3.1% year-over-year).
- 2019: Revenue of $653K, expenses of $635K, and assets of $766K (revenue -1.7% year-over-year).
- 2018: Revenue of $665K, expenses of $553K, and assets of $678K (revenue +24.1% year-over-year).
- 2017: Revenue of $536K, expenses of $527K, and assets of $594K (revenue +24.4% year-over-year).
- 2016: Revenue of $431K, expenses of $504K, and assets of $526K (revenue -5.7% year-over-year).
- 2015: Revenue of $457K, expenses of $481K, and assets of $603K (revenue +6.0% year-over-year).
- 2014: Revenue of $431K, expenses of $448K, and assets of $638K (revenue -3.9% year-over-year).
- 2013: Revenue of $448K, expenses of $543K, and assets of $702K (revenue -16.8% year-over-year).
- 2012: Revenue of $539K, expenses of $622K, and assets of $819K (revenue +4.6% year-over-year).
- 2011: Revenue of $515K, expenses of $556K, and assets of $935K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gulf Coast Business Council:
Data Sources and Methodology
This transparency report for Gulf Coast Business Council is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.