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Florida · Nonprofit

BAY PINES FOUNDATION INC

BAY PINES FOUNDATION INC (Florida) receives grants from 10 organizations whose IRS filings report $169,004 to it, the largest being VETERANS OF FOREIGN WARS OF THE UNITED S TATES AUXILIARY ($75,000). 1 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
10
Grants received
$169k
Net assets
$1.8M
1/10 repeat funderspeak grant-dependency 9%
01What it does

What Bay Pines Foundation Inc does

Mission

To advance the research and education mission of the us department of veterans affairs by facilitating research and education activities at the bay pines va healthcare system.

As stated on its FY2025 Form 990.

Program

  1. To advance the research and education mission of the us department of veterans affairs by facilitating research and education activities at the bay pines va healthcare system.

    $818,777 spent$1,167,121 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $818,777.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($594k) Expenses 100 ($804k) Net assets 100 ($482k)2018 Revenue 143 ($848k) Expenses 86 ($695k) Net assets 132 ($634k)2019 Revenue 147 ($871k) Expenses 83 ($667k) Net assets 175 ($842k)2020 Revenue 111 ($659k) Expenses 87 ($702k) Net assets 166 ($798k)2021 Revenue 196 ($1.2M) Expenses 118 ($948k) Net assets 209 ($1.0M)2022 Revenue 218 ($1.3M) Expenses 132 ($1.1M) Net assets 257 ($1.2M)2023 Revenue 206 ($1.2M) Expenses 142 ($1.1M) Net assets 274 ($1.3M)2024 Revenue 233 ($1.4M) Expenses 149 ($1.2M) Net assets 314 ($1.5M)2025 Revenue 247 ($1.5M) Expenses 142 ($1.1M) Net assets 381 ($1.8M)
'17'18'19'20'21'22'23'24'25
Revenue (247)Expenses (142)Net assets (381)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 $1.6M to $2.0M (+20%).

$538k
$681k
$951k
$1.0M
$1.1M
$1.3M
$1.4M
$1.6M
$2.0M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 75% · 2018 18% · 2019 8% · 2020 19% · 2021 9% · 2025 17%. Grants only. Government contracts and fees sit inside program revenue.

17% of BAY PINES FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$210k
’17
$153k
’18
$204k
’19
−$43k
’20
$215k
’21
$236k
’22
$80k
’23
$186k
’24
$324k
’25
18
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.

Board chair

Paul C Kuo Md Ms Mba

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed1110910109899
Joined·+2+9+9+1+0+0+3+1
No longer listed·310811121
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $75k → $6k.

3 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% 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 BAY PINES FOUNDATION INC’s funders (the co-funder graph). 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

BAY PINES FOUNDATION INC leans on a few funders — its largest provides 44% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

97% 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 BAY PINES FOUNDATION INC.

44%
largest funder
70%
top three
~4
effective funders

Largest funder’s share by year: 2019 100% · 2020 66% · 2021 100% · 2022 89% · 2023 99% — broadly stable.

“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

25% of BAY PINES FOUNDATION INC's funders are still giving 3 years after their first grant; 10% give in more than one year at all.

first grant+1y+2y+3y

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

BAY PINES FOUNDATION INC draws 100% of its grant income from funders outside Florida, across 7 states in all.

VT
NY
MA
MO
NC
DC
TX

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

’19
’20
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $43k arriving through sponsors registered in 3 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

BAY PINES FOUNDATION INC runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.

Operating margin22% · top quartile
Months of reserve18.3mo · top quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Government funding BAY PINES FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100k on record.

Federal$100k
grants $100kcontracts $0
Top agencies
  • National Aeronautics and Space Administration$100k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BAY PINES 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

72% of spending goes to programs.

Program 72%Management 28%Fundraising 0%

Governance

7
board members
43%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 1 related entity

  • Bay Pines Va Healthcare System · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BAY PINES 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 BAY PINES FOUNDATION INC?
BAY PINES FOUNDATION INC (Florida) receives grants from 10 organizations whose IRS filings report $169,004 to it, the largest being VETERANS OF FOREIGN WARS OF THE UNITED S TATES AUXILIARY ($75,000). 1 of them have funded it in more than one year.
How many funders does BAY PINES FOUNDATION INC have?
IRS filings report 10 organizations giving $169,004 in grants to BAY PINES FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of BAY PINES FOUNDATION INC?
VETERANS OF FOREIGN WARS OF THE UNITED S TATES AUXILIARY is the largest funder on record, with $75,000 in grants. The full list of funders is on this page.
How can an organization like BAY PINES 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.

Play a game about who funds Bay Pines →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 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 14, 2026. What this page cannot tell you · view filing