Mortimer J and Eugenie Alter Propp Fund is a 501(c)(3) organization based in Jupiter, Florida, registered in 2013, with -$101,221 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
-$101K
▼ 270.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$161K
Net assets
$2.3M
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 Mortimer J and Eugenie Alter Propp Fund— 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 Mortimer J and Eugenie Alter Propp Fund: 171 mo reserves · -259% margin earns a F 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 Mortimer J and Eugenie Alter Propp Fund— 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 Mortimer J and Eugenie Alter Propp Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $508K (FY2014) to -$101K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-258.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$140K
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$101,221▼270% | $160,570▼41.5% | $2,289,636▼10.3% | $2,429,927▼7.8% | 990PF |
| 2023 | $59,522▼92.6% | $274,344▼28.8% | $2,551,427▼7.8% | $2,634,166▼48.5% | 990PF |
| 2022 | $809,454▲2968% | $385,533▲56.7% | $2,766,249▲18.1% | $5,116,040▲26.3% | 990PF |
| 2021 | $26,386▲105% | $246,057▲34.8% | $2,342,328▼8.6% | $4,051,744▲30.5% | 990PF |
| 2020 | -$542,849▼228% | $182,598▼62.3% | $2,561,999▼22.1% | $3,104,804▼6.0% | 990PF |
| 2019 | $422,527▼16.1% | $484,106▲185% | $3,287,446▼1.8% | $3,303,302▼1.4% | 990PF |
| 2018 | $503,638▼7.9% | $169,587▲5.2% | $3,349,025▲11.1% | $3,349,025▲9.6% | 990PF |
| 2017 | $547,064▲261% | $161,191▲7.8% | $3,014,974▲3.6% | $3,055,974▲5.0% | 990PF |
| 2016 | $151,739▼70.1% | $149,522▲54.5% | $2,910,949▲15.0% | $2,910,949▲15.0% | 990PF |
| 2014 | $507,884 | $96,762 | $2,530,715 | $2,530,715 | 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.
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Data for Mortimer J and Eugenie Alter Propp Fund (EIN 45-6717230) 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.