CORAL GABLES COMMUNITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

CORAL GABLES COMMUNITY FOUNDATION INC

EIN 65-0208290 · Community Foundations (T31)

What they do

to FOSTER PROGRAMS to ENCOURAGE CULTURAL, EDUCATIONAL, HISTORIC, SOCIAL and HEALTH CHARITABLE PROJECTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.50%of revenue went to mission work92.5% of expenses · Program services

$90.27spent for every $100 of revenueRevenue covered expenses this year.

6.77%of revenue went to management and office costs7.5% of expenses

$2.49in assets for every $1 spent this yearSome assets cannot be spent right away.

92.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $198,888 for MARY A SNOW (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,119,130

Mission workProgram services$5,109,70883.50% of revenue92.5% of expenses

ManagementOffice and general costs$414,0876.77% of revenue7.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$595,3359.73% of revenueShown in gray on the chart

Total expenses$5,523,79590.27% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 90.27% of revenue

2023Expense mix: 80.9% mission · 19.1% management · 0.0% fundraisingTotal expenses: 65.67% of revenue

2022Expense mix: 76.1% mission · 23.9% management · 0.0% fundraisingTotal expenses: 57.36% of revenue

2021Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 74.88% of revenue

2020Expense mix: 76.2% mission · 23.8% management · 0.0% fundraisingTotal expenses: 46.70% of revenue

2019Expense mix: 74.2% mission · 25.8% management · 0.0% fundraisingTotal expenses: 76.45% of revenue

2018Expense mix: 75.7% mission · 24.3% management · 0.0% fundraisingTotal expenses: 69.20% of revenue

2017Expense mix: 66.4% mission · 33.6% management · 0.0% fundraisingTotal expenses: 41.85% of revenue

Money in and money out

Revenue$6,119,130

Expenses$5,523,795

Annual surplus $595,335 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,109,708 · 92.5% of expenses

Management and office costs$414,087 · 7.5% of expenses

See all reported dollar amounts

Revenue$6,119,130

Expenses$5,523,795

Assets$13,729,552

Income$6,584,844

Contributions$5,654,186

Mission work (program services)$5,109,708

Grants given$8,907,197

Average grant$28,733

Management and general$414,087

Stocks and bonds$10,996,650

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARY A SNOWEXECUTIVE DIRECTOR · 40 hrs/week $198,888

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

MARY A SNOWEXECUTIVE DIRECTOR

LIZ PARNESSECRETARY

WILLIAM A BONN ESQBOARD OF DIRECTOR

VIVIAN DE LAS CUEVASBOARD OF DIRECTOR

VENNY TORREIMMEDIATE PAST CHAIR

SISSY DEMARIA-KOEHNEBOARD OF DIRECTOR

SCOTT J RICHEYBOARD OF DIRECTOR

SADIA RAJA PHDBOARD OF DIRECTOR

PETER ZUBIZARETACHAIR INVESTMENT COMMITTEE

MICHAEL T MEEHANCHAIR SCHOLARSHIP COMMITTE

MICHAEL R TORRES CPABOARD OF DIRECTOR

MICHAEL WALSHCHAIR

MICHAEL MCCARTHYCHAIR ELECT

ADRIANA VERDEJABOARD OF DIRECTOR

LAURA RUSSO ESQ2ND IMMEDIATE PAST CHAIR

LAURA ROSSIBOARD OF DIRECTOR

KAISER AHMEDTREASURER

JOHN HARRISBOARD OF DIRECTOR

ERIN DOWDBOARD OF DIRECTOR

ERIC P GROS-DUBOIS ESQBOARD OF DIRECTOR

DAVID OLAZABALCO-CHAIR COMMUNITY GIVING

DANIELLE GONZALEZ ESQBOARD OF DIRECTOR

CHRIS W ERICKSONBOARD OF DIRECTOR

AURA REINHARDTBOARD OF DIRECTOR

ASHLEY CUSACKCO-CHAIR COMMUNITY GIVING

ALYSA HERMANBOARD OF DIRECTOR

About this charity

Recognized since: January 1991
Location: 288 ARAGON AVE 2ND FLOOR SUITE D, CORAL GABLES, FL 33134-5049
County: Miami-Dade
In care of: RAMIRO FERNANDEZ
Primary officer: RAMIRO FERNANDEZ, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@gablesfoundation.org Phone(305) 445-9670

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: VERIDIAN CPAS PLLC
NTEE classification: Community Foundations (T31)
IRS tax category: Community Foundations
Grant-giving organization: Yes