Adventhealth Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Adventhealth Foundation Inc is a 501(c)(3) organization based in Altamonte Spg, Florida, registered in 1983, with $47,384,162 in FY2024 revenue. CharityIndex grades it B.
900 Hope Way, Altamonte Spg, FL, 32714 EIN 59-2219301 Since 1983
Revenue (FY2024)
$47.4M
▲ 65.4% vs prior year
Health median: $840K
Expenses (FY2024)
$32.6M
Net assets
$199.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Adventhealth 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 →
B+Financial health25% of the rating73 mo reserves · +31% margin
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 Adventhealth Foundation Inc: 73 mo reserves · +31% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Adventhealth 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 →
CTransparency10% of the rating2 of 5 disclosure signals
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 Adventhealth Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 900 Hope Way, Altamonte Spg, FL, 32714
- City
- Altamonte Spg
- State
- Florida
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $35.5M (FY2013) to $47.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.0MNet assets $199.1M
Operating margin
31.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$204.1M
Total liabilities
$5.0M
Net assets
$199.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,384,162▲65.4% | $32,618,114▲44.1% | $199,050,326▲10.0% | $204,093,995▲9.9% | 990 |
| 2023 | $28,647,584▼5.0% | $22,631,037▲2.3% | $181,010,654▲7.2% | $185,697,128▲6.2% | 990 |
| 2022 | $30,168,335▲7.4% | $22,117,120▼18.9% | $168,812,856▲8.3% | $174,792,316▲7.4% | 990 |
| 2021 | $28,088,439▲69.5% | $27,258,112▲61.1% | $155,904,721▲8.7% | $162,692,831▲9.1% | 990 |
| 2020 | $16,572,990▼35.0% | $16,914,796▼60.3% | $143,471,877▲4.3% | $149,070,175▲4.2% | 990 |
| 2019 | $25,489,463▼26.3% | $42,593,455▲11.7% | $137,554,630▼6.3% | $143,027,749▼6.3% | 990 |
| 2018 | $34,574,666▼24.9% | $38,134,694▲41.5% | $146,726,615▼1.9% | $152,569,287▼0.7% | 990 |
| 2017 | $46,056,347▲44.3% | $26,955,865▲0.3% | $149,565,402▲5.8% | $153,574,792▲5.2% | 990 |
| 2016 | $31,917,497▲52.7% | $26,887,926▲61.7% | $141,304,564▲1.8% | $145,984,517▲2.6% | 990 |
| 2015 | $20,903,011▼27.8% | $16,625,193▼52.6% | $138,789,508▲11.2% | $142,345,061▼3.2% | 990 |
| 2014 | $28,954,848▼18.5% | $35,066,638▲14.3% | $124,784,081▼4.4% | $147,119,711▲5.8% | 990 |
| 2013 | $35,531,798 | $30,690,505▲82.9% | $130,517,032▲2.5% | $139,021,818▲4.7% | 990 |
| 2012 | — | $16,781,417▼34.4% | $127,338,387▲10.9% | $132,771,191▲1.7% | 990 |
| 2011 | — | $25,592,956▼24.6% | $114,835,700▲1.0% | $130,550,346▲3.1% | 990 |
| 2010 | — | $33,937,728 | $113,677,077 | $126,637,672 | 990 |
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.
Grants received · $76.4M total
277 grants to Adventhealth Foundation Inc totaling $76.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Adventist Health System Sunbelt Inc | General support | 2024 | $4,950,452 |
| Adventist Health System Sunbelt Healthcare Corporation | General support | 2024 | $900,007 |
| Florida Hospital Ocala Inc | Provision of general administrative support | 2024 | $811,950 |
| Florida Hospital Zephyrhills Inc | Provision of general administrative support | 2024 | $463,013 |
| Memorial Hospital Flagler Inc | Provision of general administrative support | 2024 | $438,964 |
| Pasco-pinellas Hillsborough Community Health System Inc | Provision of general administrative support | 2024 | $420,013 |
| General Conference of Seventh Day Adventist | Provision of general administrative support | 2024 | $285,527 |
| Fletcher Hospital Inc | Provision of general administrative support | 2024 | $253,326 |
| National Christian Charitable Foundation | Medical care | 2024 | $247,896 |
| Memorial Hospital Inc | Provision of general administrative support | 2024 | $165,198 |
| Redmond Park Hospital LLC | General support | 2024 | $139,840 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2024 | $125,000 |
| Metroplex Adventist Hospital Inc | General support | 2024 | $124,412 |
| Adventist Health System Georgia Inc | Provision of general administrative support | 2024 | $109,206 |
| Southwest Volusia Healthcare Corporation | Provision of general administrative support | 2024 | $104,244 |
Similar organizations in Health
Health
Whole Family Health Center Inc
Vero Beach, FL
$46.4M
Bannual revenue
Health
Escambia Community Clinics Inc
Pensacola, FL
$46.4M
Bannual revenue
Health
Stratum Health System Inc
Lakewood Ranch, FL
$46.3M
B+annual revenue
Health
Pancare of Florida Inc
Panama City, FL
$46.0M
Bannual revenue
Health
Mental Health Resource Center Inc
Jacksonville, FL
$45.9M
Bannual revenue
- Health
Morton Plant Mease Health Care Inc
Clearwater, FL
$45.2M
Aannual revenue
Health
Plymouth Harbor Inc
Sarasota, FL
$50.1M
Bannual revenue
Health
Heart of Florida Health Center Inc
Ocala, FL
$44.2M
Bannual revenue
Health
Health Choice Network Inc
Doral, FL
$51.0M
Dannual revenue
Health
Florida Proton Therapy Institute Inc
Jacksonville, FL
$51.3M
Bannual revenue
Compare Adventhealth Foundation Inc
Frequently asked questions
- Is Adventhealth Foundation Inc a legitimate nonprofit?
- Yes. Adventhealth Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2219301, based in Altamonte Spg, Florida. Donations are tax-deductible.
- What is Adventhealth Foundation Inc's EIN?
- Adventhealth Foundation Inc's Employer Identification Number (EIN) is 59-2219301.
- How much revenue does Adventhealth Foundation Inc report?
- Adventhealth Foundation Inc reported $47,384,162 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Adventhealth Foundation Inc have?
- CharityIndex grades Adventhealth Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Altamonte Spg
Explore more
Data for Adventhealth Foundation Inc (EIN 59-2219301) 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.