North Florida College Foundation Inc is a 501(c)(3) organization based in Madison, Florida, registered in 1967, with $593,292 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$593K
▲ 63.9% vs prior year
Education median: $200K
Expenses (FY2024)
$519K
Net assets
$6.3M
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 North Florida College 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 North Florida College Foundation Inc: 145 mo reserves · +13% margin earns a B+ 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 North Florida College 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 North Florida College Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $350K (FY2015) to $593K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
12.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$149K
Net assets
$6.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $593,292▲63.9% | $518,931▲28.0% | $6,277,725▲6.8% | $6,426,854▲6.4% | 990 |
| 2023 | $361,998▼0.3% | $405,264▲3.2% | $5,878,695▲11.4% | $6,042,264▲13.4% | 990 |
| 2022 | $363,001▼0.3% | $392,520▼42.4% | $5,275,865▼7.0% | $5,328,240▼7.2% | 990 |
| 2021 | $364,239▲72.5% | $681,011▲91.4% | $5,671,519▼1.3% | $5,743,122▼1.2% | 990 |
| 2020 | $211,170▼60.2% | $355,720▼16.8% | $5,745,884▲36.4% | $5,811,499▲37.9% | 990 |
| 2018 | $530,638▼23.2% | $427,657▲2.6% | $4,212,456▲2.5% | $4,213,249▲2.5% | 990 |
| 2017 | $691,028▲97.2% | $416,676▼0.7% | $4,109,475▲12.2% | $4,109,511▲12.2% | 990 |
| 2015 | $350,461 | $419,502▲127% | $3,663,263▲10.2% | $3,663,266▲10.2% | 990 |
| 2012 | — | $185,159 | $3,323,254 | $3,323,402 | 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.
11 grants to North Florida College Foundation Inc totaling $650K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Sarasota County Inc | Education | 2024 | $80,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2023 | $80,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2022 | $90,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2021 | $100,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2020 | $60,000 |
| Community Foundation of Sarasota County Inc | Scholarship support | 2019 | $40,000 |
| Community Foundation of Sarasota County Inc | Program support | 2018 | $40,000 |
| Community Foundation of Sarasota County Inc | Scholarships | 2017 | $40,000 |
| Community Foundation of Sarasota County Inc | Financial assistance to part-time students who may not qualify for other financial aid | 2016 | $40,000 |
| Community Foundation of Sarasota County Inc | To be used for financial assistance to part-time students who may not qualify for other financial aid - for tuition/ board/ books/ childcare/ etc. summer 2016 or fall 2016 semesters | 2015 | $40,000 |
| Community Foundation of Sarasota County Inc | Financial assistance to part time students | 2014 | $40,000 |
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Data for North Florida College Foundation Inc (EIN 59-6179948) 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.