Leo Claire & Robert Adenbaum Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Leo Claire & Robert Adenbaum Foundation is a 501(c)(3) organization based in N Palm Beach, Florida, registered in 1962, with $876,701 in FY2024 revenue. CharityIndex grades it C+.
Po Box 14486, N Palm Beach, FL, 33408 EIN 11-6013398 Since 1962
Revenue (FY2024)
$877K
▲ 28.1% vs prior year
Expenses (FY2024)
$873K
Net assets
$8.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Leo Claire & Robert Adenbaum Foundation— 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 rating114 mo reserves · +0% 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 Leo Claire & Robert Adenbaum Foundation: 114 mo reserves · +0% 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 Leo Claire & Robert Adenbaum Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Leo Claire & Robert Adenbaum Foundation: 1 of 5 disclosure signals earns a D 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
- Po Box 14486, N Palm Beach, FL, 33408
- City
- N Palm Beach
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $324K (FY2018) to $877K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $8.3M
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$0
Net assets
$8.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $876,701▲28.1% | $873,215▲0.1% | $8,325,033▲1.5% | $8,325,033▲1.4% | 990PF |
| 2023 | $684,300▼7.0% | $872,410▲8.3% | $8,204,979▼4.7% | $8,206,296▼4.7% | 990PF |
| 2022 | $735,996▼8.1% | $805,350▼14.0% | $8,613,462▼0.7% | $8,615,303▼1.2% | 990PF |
| 2021 | $801,248▲65.5% | $936,200▲2.4% | $8,677,304▼1.1% | $8,719,726▼1.6% | 990PF |
| 2020 | $484,217▲49.5% | $914,200▲43.4% | $8,771,517▼8.3% | $8,859,620▼7.4% | 990PF |
| 2018 | $323,817 | $637,666 | $9,569,359 | $9,569,457 | 990PF |
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.
Frequently asked questions
- Is Leo Claire & Robert Adenbaum Foundation a legitimate nonprofit?
- Yes. Leo Claire & Robert Adenbaum Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-6013398, based in N Palm Beach, Florida. Donations are tax-deductible.
- What is Leo Claire & Robert Adenbaum Foundation's EIN?
- Leo Claire & Robert Adenbaum Foundation's Employer Identification Number (EIN) is 11-6013398.
- How much revenue does Leo Claire & Robert Adenbaum Foundation report?
- Leo Claire & Robert Adenbaum Foundation reported $876,701 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leo Claire & Robert Adenbaum Foundation have?
- CharityIndex grades Leo Claire & Robert Adenbaum Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in N Palm Beach
Explore more
Data for Leo Claire & Robert Adenbaum Foundation (EIN 11-6013398) 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.