SAILFISH POINT FOUNDATION INC

EIN: 650978271 501(c)(3) Education

STUART, FL

Total Revenue
$761,538
Total Expenses
$625,602
Total Assets
$2,051,099
Net Assets
$1,596,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
Principal Officer
LORI CORCORAN
Phone
7722251000
Tax Period
2024-07-01 to 2025-06-30

SAILFISH POINT FOUNDATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $762K in total revenue in fiscal year 2024. The organization ran a surplus of $136K, a strong 18% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT FOR THE NEEDY CHILDREN AND ADULT RESIDENTS OF MARTIN COUNTY, FLORIDA AND EMPLOYEES OF SAILFISH POINT POA SO AS TO ENABLE THEM TO ENJOY MORE SUCCESSFUL AND HAPPY LIVES. SUCH SUPPORT SHALL INCLUDE, BUT NOT BE LIMITED TO, SUPPORTING THE ATTAINMENT OF A FORMAL EDUCATION FOR SUCH INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $657,100
Program Service Revenue $0
Investment Income $82,731
Other Revenue $21,707
TOTAL REVENUE $761,538

Expense Breakdown

Grants Paid $579,606
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $579,606
Other Expenses $45,996
TOTAL EXPENSES $625,602

Year-over-Year Comparison

2024 2023 Change
Revenue $761,538 $729,682 +0.0%
Expenses $625,602 $510,513 +0.2%
Net Income $135,936 $219,169 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT FISHER DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
ANN LOUISE PRICE DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
ROSS STRICKLAND DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
ROBYN COHN DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
MUFFIN ADAMIAK DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
NANCIE PARLIN DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
LORI CORCORAN PRESIDENT 4.00
Officer Director
$0 $0 $0
DAVE PAGANI DIRECTOR 2.00
Director
$0 $0 $0
KATHY HANSON DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
THOMAS LYTLE DIRECTOR 2.00
Director
$0 $0 $0
MEREDITH GRANT VP SCHOLARSHIP 4.00
Officer Director
$0 $0 $0
DIANE LUSK DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
BONNIE MCNAMARA VP DEVELOPMENT 4.00
Officer Director
$0 $0 $0
RIC MILLER TREASURER 4.00
Officer Director
$0 $0 $0
DONNA BOYD SECRETARY 4.00
Officer Director
$0 $0 $0
CHARLIE COLE DIRECTOR 2.00
Director
$0 $0 $0
MARY AGNES CORRELL DIRECTOR 2.00
Director
$0 $0 $0
DAN DREISBACH DIRECTOR 2.00
Director
$0 $0 $0
BECCA MARR DIRECTOR 2.00
Director
$0 $0 $0
STEPHEN HARRIS DIRECTOR 2.00
Director
$0 $0 $0
ANDREA RAPOPORT DIRECTOR 2.00
Director
$0 $0 $0
RAY MARTINO DIRECTOR EMERITUS 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $761,538 $625,602 $2,051,099 $135,936
2024 $729,682 $510,513 $1,496,496 $219,169
2023 $646,189 $516,514 $1,621,321 $129,675
2022 $625,504 $497,581 $1,494,177 $127,923
2021 $535,122 $438,923 $1,307,456 $96,199
2020 $529,768 $622,639 $957,944 $-92,871
2019 $467,342 $553,633 $1,026,043 $-86,291
2018 $505,864 $443,655 $1,141,573 $62,209
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