Round Canopy Parachuting Team-usa Foundation Inc is a 501(c)(3) organization based in Palatka, Florida, registered in 2016, with $640,082 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$640K
▲ 44.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$448K
Net assets
$425K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Round Canopy Parachuting Team-usa 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 Round Canopy Parachuting Team-usa Foundation Inc: 11 mo reserves · +30% margin earns a A 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 Round Canopy Parachuting Team-usa 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 Round Canopy Parachuting Team-usa 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.
Revenue grew from $137K (FY2021) to $640K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
30.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$433K
Total liabilities
$7,942
Net assets
$425K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $640,082▲44.9% | $448,167▲26.7% | $425,360▲106% | $433,302▲110% | 990 |
| 2023 | $441,828▲23.7% | $353,685▲18.1% | $206,218 | $206,218 | 990 |
| 2022 | $357,295▲160% | $299,503▲26.7% | $0▼100% | $0▼100% | 990 |
| 2021 | $137,462 | $236,353 | $184,815 | $184,815 | 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 Round Canopy Parachuting Team-usa Foundation Inc totaling $36K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Arts and culture | 2024 | $30,000 |
| Network For Good Inc | Unrestricted | 2023 | $5,550 |
Explore more
Data for Round Canopy Parachuting Team-usa Foundation Inc (EIN 30-0774408) 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.