Nonprofit · EIN 31-1506065
ADMIRAL FARRAGUT ACADEMY FOUNDATION INC
Tax-exempt · ST PETERSBURG, FL 33710
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $222,334 | $126,813 | $95,521 | $3,663,051 | $311,438 | $3,351,613 |
| December 31, 2023 | 990 | $295,121 | $1,651,787 | -$1,356,666 | $3,445,907 | $351,874 | $3,094,033 |
| December 31, 2022 | 990 (amended) | $585,996 | $249,752 | $336,244 | $4,634,556 | $390,703 | $4,243,853 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $91,913
- Program service revenue
- $0
- Investment income
- $72,748
- Net rental income
- $57,673
- Other revenue
- $57,673
Expenses
- Grants and similar amounts paid
- $76,240
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,250
- Program services (functional)
- $111,365
- Management and general (functional)
- $15,448
Balance sheet and other
- Total assets, start of year
- $3,445,907
- Total assets, end of year
- $3,663,051
- Total liabilities, end of year
- $311,438
- Net assets, end of year
- $3,351,613
- Land, buildings and equipment
- $858,291
- Publicly traded securities
- $2,440,819
- Net assets without donor restrictions
- $1,262,639
- Net assets with donor restrictions
- $2,088,974
- Gross unrelated business income
- $513
- Gross receipts
- $248,661
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1996
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MATTHIES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFFREY GROSSMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| JOE DISE | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN LOCKERBIE | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| THOMAS MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID YOHO | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTIAN WAGNER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MATTHIES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFFREY GROSSMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| JOE DISE | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN LOCKERBIE | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| THOMAS MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID YOHO | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTIAN WAGNER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MATTHIES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFFREY GROSSMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| JYRI PALM | SECRETARY Trustee or director, Officer | 1 | $0 |
| ASHLEY PATTERSON BEATTY | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE DISE | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID YOHO | BOARD MEMBER Trustee or director | 1 | $0 |
| GEORGE HAMILTON JR | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 501 PARK ST N, ST PETERSBURG, FL 33710-6743
- Principal officer (990 for 2024)
- JEFFREY GROSSMAN, 501 PARK STREET NORTH, ST PETERSBURG, FL 33710
- Signed the 990
- JEFFREY GROSSMAN, TREASURER
- Phone
- (727) 384-5500
- Return prepared by
- KELLY PARTNERSFRS ACCOUNTANTS
Mission
TO SOLICIT, RECEIVE AND ADMINISTER GIFTS AND FINANCIAL RESOURCES FROM SOURCES SOLELY FOR THE BENEFIT OF ADMIRAL FARRAGUT ACADEMY, INC.
Program accomplishments
- THE FOUNDATION FOR ADMIRAL FARRAGUT ACADEMY PLAYS A VERY IMPORTANT ROLE BY PROVIDING FUNDING AND SUPPORT FOR THE MISSION OF THE SCHOOL.Expenses $111,365 · grants $76,240
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1506065
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $3,663,051
- Income (IRS master file)
- $248,661
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $222,334 | $126,813 | $3,663,051 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $295,121 | $1,651,787 | $3,445,907 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $585,996 | $249,752 | $4,634,556 | XML |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1506065).
Questions about ADMIRAL FARRAGUT ACADEMY FOUNDATION INC
- What is the EIN of ADMIRAL FARRAGUT ACADEMY FOUNDATION INC?
- The employer identification number (EIN) of ADMIRAL FARRAGUT ACADEMY FOUNDATION INC is 31-1506065.
- Is ADMIRAL FARRAGUT ACADEMY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to ADMIRAL FARRAGUT ACADEMY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does ADMIRAL FARRAGUT ACADEMY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ADMIRAL FARRAGUT ACADEMY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ADMIRAL FARRAGUT ACADEMY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ADMIRAL FARRAGUT ACADEMY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JEFFREY GROSSMAN.
- Who are the officers and directors of ADMIRAL FARRAGUT ACADEMY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does ADMIRAL FARRAGUT ACADEMY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $222,334, expenses of $126,813 and total assets of $3,663,051 at year end.
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