To identify the 100 fastest growing Gator-owned companies, the Gator100 will be ranked by compounded annual growth rate (CAGR). CAGR is used to determine year-over-year growth over a specific period of time.
Companies will be asked to provide baseline financial information about their organization via tax returns that will enable calculation of its CAGR. To ensure and maintain confidentiality, all financial documents will be submitted to and maintained by our independent accounting partner, Ernst & Young (EY). These documents will not be shared with the University of Florida or its personnel.
Forms accepted by EY to verify sales or revenues (net of returns) include ONE of the following:
(1) Audited or reviewed financial statements by an external CPA firm (i.e. auditors signed opinion letter) for the years 2017, 2016 and 2015, or your most recently completed three fiscal years.
(2) The business' signed U.S. Income Tax Return for the years 2017, 2016 and 2015, or your most recently completed three fiscal years (forms accepted: 1120, 1120S, 1065, Schedule C).
Revenues and other provided financial information will not be published with the Gator100 list. The Gator100 list will include the company's name, location, Gator leadership and CAGR.
The University of Florida reserves the following rights: (1) To independently verify that nominees and applicants meet all criteria; (2) Reject any nominee or applicant for any reason; (3) Modify requirements as needed without notification.