Pigeon Key Foundation

Tax-deductible

Marathon, FL501(c)(3)EnvironmentEIN 65-0379803

Research and education

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $182K a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 13.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$688K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+79% vs prior year
Spent
$1.3M
To programs
98%
Net assets
$2.9M
By yearFY2021–FY2025
Revenue
$2.2M
FY2025▲ +79%
Revenue by fiscal year
FY2021$159K
FY2022$1.3M
FY2023$1.2M
FY2024$1.2M
FY2025$2.2M
Expenses
$1.3M
FY2025-0.3%
Expenses by fiscal year
FY2021$603K
FY2022$900K
FY2023$1.1M
FY2024$1.3M
FY2025$1.3M
Net assets
$2.9M
FY2025▲ +49%
Net assets by fiscal year
FY2021$1.5M
FY2022$1.9M
FY2023$2.0M
FY2024$1.9M
FY2025$2.9M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $1.2M Management & general 2% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Pigeon Key Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Pigeon Key Foundation is an environmental nonprofit based in Marathon, FL.

Provided by the organization

This section is blank until Pigeon Key Foundation claims this page.

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1 program service account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01

Managing and improving the island of pigeon key, a national historic register location, and provide a site for research, education, and historic learning.

$1.0Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$884K
Investment incomeLn 3$39K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.2M
Managementcol C$23K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$3.6M
LiabilitiesLn 26$688K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$884K
Government grantsLn 1e$808K
Fundraising eventsLn 1c$26K
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$39K
Gains on assetsLn 7$21K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$502K
SavingsLn 2$960K
Cash and savings togetherLn 1–2$1.5M
Land, buildings, equipmentLn 10c$2.2M
Other assetsLn 15$20K
Total assetsLn 16$3.6M
LiabilitiesLn 26$688K
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 513
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.2M$1.5M
Land, buildings, equipmentLn 10c$1.5M$2.2M
Total assetsLn 16$2.6M$3.6M
LiabilitiesLn 26$700K$688K
Net assetsLn 32$1.9M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$538K$538K
Payroll taxesLn 10$41K$41K
Accounting feesLn 11c$52K$52K
Lobbying feesLn 11d$72K$72K
Investment management feesLn 11f$4K$4K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$53K$53K
Office expensesLn 13$4K$497$4K
InterestLn 20$53K$53K
Depreciation, depletion and amortizationLn 22$110K$110K
InsuranceLn 23$59K$59K
Other expenses (24a–d)Ln 24$227K$227K
All other expensesLn 24e$42K$27K$15K
Total functional expensesLn 25$1.3M$1.2M$23K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.2M$1.3M$942K$2.9M 990 PDF
FY2024 $1.2M$1.3M−$33K$1.9M 990 PDF
FY2023 $1.2M$1.1M$28K$2.0M 990 PDF
FY2022 $1.3M$900K$418K$1.9M 990 PDF
FY2021 $159K$603K−$444K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $2,201,813 across 10 lines filed
Lines not itemized here account for $71,770 of total revenue; see the IRS return.
VIII-1c Fundraising events$26,125
VIII-1e Government grants$807,505
VIII-1f All other contributions, gifts and grants$50,059
VIII-1h Total contributions, gifts and grants$883,689
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,282,426$1,282,426
VIII-3 Investment incomeRelated to mission $17,345$17,345
VIII-7 Net gain or loss on sales of assetsRelated to mission $21,475$21,475
VIII-8 Net income from fundraising events−$76,039
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,147$1,147
VIII-12 Total revenueRelated to mission $1,394,163$2,201,813
Part IX · Statement of functional expenses $1,259,344 across 13 lines filed
IX-7 Other salaries and wagesPrograms $537,796$537,796
IX-10 Payroll taxesPrograms $41,251$41,251
IX-11c Accounting feesPrograms $52,080$52,080
IX-11d Lobbying feesPrograms $72,090$72,090
IX-11f Investment management feesManagement $4,181$4,181
IX-11g Other fees for servicesPrograms $3,372$3,372
IX-12 Advertising and promotionPrograms $53,202$53,202
IX-13 Office expensesPrograms $497 · Management $3,743$4,240
IX-20 InterestPrograms $53,282$53,282
IX-22 Depreciation, depletion and amortizationPrograms $110,028$110,028
IX-23 InsurancePrograms $59,099$59,099
IX-24 Other expenses (24a–d)Programs $226,735$226,735
IX-24e All other expensesPrograms $27,237 · Management $14,751$41,988
IX-25 Total functional expensesPrograms $1,236,669 · Management $22,675 · Fundraising $0$1,259,344
Part X · Balance sheet $3,554,966 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $145,125$502,434
X-2 Savings and temporary cash investmentsStart of year $1,097,478$960,397
X-4 Accounts receivableStart of year −$192,040−$150,080
X-8 Inventories for sale or useStart of year $7,986$7,986
X-10c Land, buildings and equipment, netStart of year $1,545,416$2,213,765
X-15 Other assetsStart of year $20,464$20,464
X-16 Total assetsStart of year $2,624,429$3,554,966
X-24 Unsecured notes and loans payableStart of year $571,051$544,787
X-25 Other liabilitiesStart of year $130,973$143,055
X-26 Total liabilitiesStart of year $699,774$687,842
X-27 Net assets without donor restrictionsStart of year $1,924,655$2,867,124
X-32 Total net assets or fund balancesStart of year $1,924,655$2,867,124
X-33 Total liabilities and net assetsStart of year $2,624,429$3,554,966
Part XI · Reconciliation of net assets $2,867,124 net assets at year end
XI-1 Total revenue$2,201,813
XI-2 Total expenses$1,259,344
XI-3 Revenue less expenses$942,469
XI-4 Net assets at start of year$1,924,655
XI-10 Net assets at end of year$2,867,124

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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