Gemological Institute Of America Inc: $281.8M Revenue, $276.4M Expenses
Carlsbad, California · EIN 953797687 · Filing year 2023
Gemological Institute Of America Inc reported $281.8M in total revenue, $276.4M in total expenses, and $715.5M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $6.3M (2.24% of revenue). NonprofitTruth efficiency grade: B (66/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $281.8M
- Total Expenses
- $276.4M
- Total Assets
- $715.5M
- Reserve Months
- 31.1 months
- Surplus / (Deficit)
- $5.4M
- EIN
- 953797687
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $6.3M
- Officer Comp % of Revenue
- 2.24%
Gemological Institute Of America Inc grades a B on the NonprofitTruth efficiency rubric. 66/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
Annual revenue at Gemological Institute Of America Inc runs $281.8M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Operating reserves at Gemological Institute Of America Inc are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Compensation for current officers and key employees runs $6.3M against $281.8M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. In the Education category, Gemological Institute Of America Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How Gemological Institute Of America Inc Compares
Gemological Institute Of America Inc earns a NonprofitTruth efficiency grade of B (66/100). That is 2 points above the Education category average. Compensation for current officers and key employees represents 2.24% of total revenue. The organization holds 31.1 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Gemological Institute Of America Inc reported $281.8M in revenue against $276.4M in total functional expenses for filing year 2023, holding roughly 31.1 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $6.3M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.24% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Gemological Institute Of America Inc has a NonprofitTruth Efficiency Score of B (66/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Gemological Institute Of America Inc, Donor FAQ
Gemological Institute Of America Inc has a NonprofitTruth Efficiency Score of B (66/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Gemological Institute Of America Inc reports $6.3M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.24% of the organization's $281.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Gemological Institute Of America Inc reported $281.8M in annual revenue and $276.4M in total expenses for filing year 2023. The organization holds $715.5M in total assets.
Gemological Institute Of America Inc holds approximately 31.1 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Gemological Institute Of America Inc is a registered 501(c) organization with EIN 953797687, based in Carlsbad, California. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.