Admirals Cove Foundation Inc is a 501(c)(3) organization based in Jupiter, Florida, registered in 2005, with $4,254,445 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.3M
▼ 2.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.0M
Net assets
$1.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Admirals Cove Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Admirals Cove Foundation Inc: 3 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Admirals Cove Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Admirals Cove Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $104K (FY2010) to $4.3M (FY2024) across 13 reported years.
Financial snapshot
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$301K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,254,445▼2.2% | $4,047,790▼1.3% | $1,094,810▲23.3% | $1,395,687▲35.7% | 990 |
| 2023 | $4,350,084▲34.8% | $4,100,239▲39.1% | $888,155▲39.1% | $1,028,341▲33.6% | 990 |
| 2022 | $3,228,168▼8.4% | $2,947,841▼10.6% | $638,310▲78.3% | $769,600▲63.1% | 990 |
| 2021 | $3,525,436▲68.6% | $3,297,039▲64.4% | $357,983▲176% | $471,796▲124% | 990 |
| 2020 | $2,090,466▲3.2% | $2,005,494▼4.3% | $129,586▲190% | $210,342▼4.6% | 990 |
| 2019 | $2,025,505▲1.5% | $2,094,831▲5.4% | $44,614▼60.8% | $220,482▲39.9% | 990 |
| 2018 | $1,996,267▲39.5% | $1,987,764▲41.4% | $113,940▲8.1% | $157,643▲16.4% | 990 |
| 2017 | $1,430,943▲255% | $1,406,210▲698% | $105,437▼62.4% | $135,437▼51.7% | 990 |
| 2016 | $402,876▲12.3% | $176,256▼51.5% | $280,184▲423% | $280,184▲423% | 990 |
| 2015 | $358,726▲1546% | $363,172▲22698% | $53,564▼7.7% | $53,564▼7.7% | 990 |
| 2014 | $21,798▼95.4% | $1,593▼99.7% | $58,010▲59.2% | $58,010▲59.2% | 990 |
| 2013 | $478,168 | $541,301▲33.9% | $36,431▼38.9% | $36,431▼38.9% | 990 |
| 2011 | — | $404,184▲698% | $59,641▼55.6% | $59,641▼55.6% | 990 |
| 2010 | $103,629 | $50,647 | $134,299 | $134,299 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
62 grants to Admirals Cove Foundation Inc totaling $3.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $65,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $25,500 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $20,000 |
| St Louis Community Foundation Incorporated | General support | 2024 | $9,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $696,002 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $238,550 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $69,200 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2023 | $34,800 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $22,172 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $21,000 |
| Jewish Community Foundation of Greater Metrowest Nj | General | 2023 | $20,000 |
| St Louis Community Foundation Incorporated | General support distributions as follows: $10,000 jupiter medical center $1500 my clinic $2500 maltz theatre $2500 oll | 2023 | $16,500 |
| Trustees of Dartmouth College | Distribution from donor advised fund | 2023 | $15,000 |
| Associated Jewish Charities of Baltimore | General support | 2023 | $13,500 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $292,351 |
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Data for Admirals Cove Foundation Inc (EIN 59-3786373) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.