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Florida · Nonprofit

ADMIRALS COVE FOUNDATION INC

ADMIRALS COVE FOUNDATION INC (Florida) receives grants from 83 organizations whose IRS filings report $8,106,678 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($2,056,494). 61 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.3M
Funders on record
83
Grants received
$8.1M
Net assets
$1.1M
61/83 repeat funderspeak grant-dependency 40%
01What it does

What Admirals Cove Foundation Inc does

Mission

Admirals cove foundation is the community philanthropic foundation of the residents of the club at admirals cove. Our mission is to improve lives through a vital culture of giving. We focus on the most needy in palm beach county by supporting local nonprofit organizations.

As stated on its FY2025 Form 990.

Programs

  1. Admirals cove foundation philanthropic efforts are made possible by the generous support of our members during our annual giving campaign. The foundation's grants are focused exclusively in palm beach county in the areas of education, health, and social services. The foundation and its volunteer committees work alongside a variety of organizations that make a meaningful impact in the lives of individuals and families in palm beach county.

    $3,942,652 spentof which $3,844,354 as grants
    100% of program spending
  2. Donor-directed donations

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,942,652.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($1.4M) Expenses 100 ($1.4M) Net assets 100 ($105k)2019 Revenue 140 ($2.0M) Expenses 141 ($2.0M) Net assets 108 ($114k)2020 Revenue 142 ($2.0M) Expenses 149 ($2.1M) Net assets 42 ($45k)2021 Revenue 146 ($2.1M) Expenses 143 ($2.0M) Net assets 123 ($130k)2022 Revenue 246 ($3.5M) Expenses 234 ($3.3M) Net assets 340 ($358k)2023 Revenue 226 ($3.2M) Expenses 210 ($2.9M) Net assets 605 ($638k)2024 Revenue 304 ($4.4M) Expenses 292 ($4.1M) Net assets 842 ($888k)2025 Revenue 297 ($4.3M) Expenses 288 ($4.0M) Net assets 1038 ($1.1M)
'18'19'20'21'22'23'24'25
Revenue (297)Expenses (288)Net assets (1038)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.0M to $1.4M (+36%).

$135k
$158k
$220k
$210k
$472k
$770k
$1.0M
$1.4M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

91% of ADMIRALS COVE FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 3,053 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$25k
’18
$9k
’19
−$69k
’20
$85k
’21
$228k
’22
$280k
’23
$250k
’24
$207k
’25
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'18'19'20'21'22'23'24'25
Listed6101099999
Joined·+4+0+0+3+0+1+0
No longer listed·0013010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 14 funders to 47 funders, grant income rose $141k → $1.3M.

17 of 83 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ADMIRALS COVE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 83 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ADMIRALS COVE FOUNDATION INC has a broad base — no single funder exceeds 25% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ADMIRALS COVE FOUNDATION INC.

25%
largest funder
44%
top three
~11
effective funders

Largest funder’s share by year: 2017 36% · 2018 25% · 2019 37% · 2020 17% · 2021 16% · 2022 34% · 2023 23% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

70% of ADMIRALS COVE FOUNDATION INC's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of ADMIRALS COVE FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.9M that is directly attributable, 50% of it comes from funders outside Florida, across 13 states.

IL
NY
IN
PA
NJ
CT
CA
MD
DE
TN
NC
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $4.2M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ADMIRALS COVE FOUNDATION INC has grown faster than half of the 1,645 philanthropy nonprofits its size.

Operating margin5% · below the median
Months of reserve4.1mo · below the median
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 1,645 philanthropy nonprofits $1M–$10M, FY2025

Organizations like ADMIRALS COVE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 1%Fundraising 1%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for ADMIRALS COVE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ADMIRALS COVE FOUNDATION INC?
ADMIRALS COVE FOUNDATION INC (Florida) receives grants from 83 organizations whose IRS filings report $8,106,678 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($2,056,494). 61 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ADMIRALS COVE FOUNDATION INC have?
IRS filings report 83 organizations giving $8,106,678 in grants to ADMIRALS COVE FOUNDATION INC, 61 of which have funded it in more than one year.
Who is the largest funder of ADMIRALS COVE FOUNDATION INC?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $2,056,494 in grants. The full list of funders is on this page.
How can an organization like ADMIRALS COVE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 83 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing