Argus Foundation INC EIN 59-2241224 Form 990 (PDF) Claim this org

Argus Foundation INC

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Applies business leadership to solve community issues like education, environment, and health. For fiscal year 2025 it reported $703K in revenue, $380K in expenses, and $1.3M in net assets.Pt I

Founded
1982
Type
Business league / trade association · Nonprofit
Location
Sarasota, FL
Website
www.argusfoundation.org
Filings
6 on file (2020–2025)
Revenue
$703KFY2025
Expenses
$380K
Net assets
$1.3M
People
25
Filings
6
Updates
0
More identity details & actions ⌄
EIN  59-2241224 Business league / trade association Sarasota, FL Founded 1982
Form 990 (PDF)
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Size
$100K–1M
What they do
Applies business leadership to solve community issues like education, environment, and health.
Leadership
Christine S Robinson · Executive Director · $163K
Money in and out
$703K revenue, $380K expenses
Bottom line
+46% operating surplus
Membership & operating revenue · FY2025
Total revenue
$703K
Pt VIII · Ln 12
Total expenses
$380K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $323K
Operating surplus
+46%
revenue over expenses▲ +780% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
40%
of spending is salaries & benefits▲ +12% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$703K
FY2025▲ +80%
Expenses
$380K
FY2025▼ -9%
Total assets
$1.4M
FY2025▲ +16%
Total liabilities
$155K
FY2025▲ +25%
Total revenue
$703K
Pt VIII · Ln 12
Total expenses
$380K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$323K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArgus Foundation INC
EINHdr · item D59-2241224
Principal addressHdr · item CSarasota, FL
WebsiteHdr · item Jwww.argusfoundation.org
Year of formationHdr · item L1982
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$163,000Pt VII · Sec A
1st Vice President/ Treasurer
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Christine S Robinson$163,000$162,085$144,042$128,500$129,542$138,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2025.
01

Devoted substantial resources to the improvement of county stormwater maintenance and management, including advocating for special workshops and forming partnerships to ensure the continued work by sarasota county on city of sarasota stormwater.

Pt IX · col B
02

We delivered a comprehensive, nonpartisan analysis of the north port special referendums to inform voter decision-making in a partnership with florida taxwatch.

Pt IX · col B
03

Actively participated in the city of sarasota city manager selection process and initial stages of the downtown master plan.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$441K · 63%
Investment income$286K · 41%
Contributions & grants63%$441K
Investment income41%$286K
Total revenueLn 12$703K

Balance Sheet

Part X · end of year
CashLn 1$429K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$155K
Total net assetsLn 32$1.3M
Months of cash on handcomputed13.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $380K
44.0 months
Where the money goes
Program services
Program services — · Total expenses $380K
Management & General
Management & general — · Total expenses $380K
Fundraising
Fundraising — · Total expenses $380K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $441K · Total revenue $703K
63%
Government reliance
Government grants — · Total revenue $703K
Earned-income share
Program service revenue $0 · Total revenue $703K
0%
Investment reliance
Investment income $286K · Total revenue $703K
+41%
Program self-sufficiency
Program service revenue $0 · Total expenses $380K
0%
Growth & trend
Revenue growth (YoY)
This year $703K · Prior year $391K
+80%
Revenue CAGR
FY2020 $389K · FY2025 $703K
+13%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $703K · Expenses $380K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.3M · Total assets $1.4M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $964K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
67%
People & payroll
Highest Reported Total Compensation
Individual Christine S Robinson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $163K · Total expenses $380K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $153K · Total expenses $380K
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 80%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$703K revenue · viewing · ⤓ 990 PDF
FY2024$391K revenue · ⤓ 990 PDF
FY2023$387K revenue · ⤓ 990 PDF
FY2022$309K revenue · ⤓ 990 PDF
FY2021$396K revenue · ⤓ 990 PDF
FY2020$389K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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