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Filing year 2024

THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC

Lake City, Florida·EIN 59-1627997·NTEE B41I · Education·3
Total revenue
$2.2M
Total assets
$29.4M
Total expenses
$1.5M
Reported officers
14
Mission

THE FOUNDATION PROVIDES ACADEMIC SCHOLARSHIPS AND FINANCIAL SUPPORT TO THE COLLEGE.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Florida.

Executive Director
25th percentile to median
$60k
$64k
Base
$5k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC equaled 4% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
4%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 60%
over 3 years

From $38k in 2021 to $60k in 2024.

$38k
2021
$24k
2023
$60k
2024
In today's dollarsEst.
Up 37% in real terms$47k to $64k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 60% from 2021 to 2024, while revenue rose 6%.

$38k in 2021 to $60k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC

What does the Chief Executive Officer of THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC earn?

In 2024, the Chief Executive Officer of THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC received $60,448 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Florida, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC compare with similar nonprofits?

Compared with the same role at Education organizations in Florida, the 2024 pay of the Chief Executive Officer at THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC equaled 4% of the organization's total expenses. The median for education organizations is 6%.

What are THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC's revenue and expenses?

In 2024, THE FOUNDATION FOR FLORIDA GATEWAY COLLEGE INC reported $2.2M in total revenue and $1.5M in total expenses on its IRS Form 990.

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