Joseph P Cory Foundation Inc is a 501(c)(3) organization based in West Palm Beach, Florida, registered in 2016, with $32,181 in FY2018 revenue. CharityIndex grades it D.
Revenue (FY2018)
$32K
Health median: $840K
Expenses (FY2018)
$46K
Net assets
-$13K
Employees
—
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 Joseph P Cory 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 Joseph P Cory Foundation Inc: 0 mo reserves · -42% margin earns a D 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 Joseph P Cory 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 Joseph P Cory Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Financial snapshot
Operating margin
-41.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2,388
Total liabilities
$16K
Net assets
-$13K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $32,181 | $45,620 | -$13,229 | $2,388 | 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.
2 grants to Joseph P Cory Foundation Inc totaling $13K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2019 | $7,264 |
| Network For Good Inc | Unrestricted | 2018 | $5,429 |
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Data for Joseph P Cory Foundation Inc (EIN 47-5340787) 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.