DISCOVER PALM BEACH INC Charity Report

Public IRS 990 nonprofit record

DISCOVER PALM BEACH INC

EIN 59-2321112 · Economic Development (S30)

What they do

to Promote Tourism In Palm Beach County, Through The Provision of Accommodations, Meals, Hotels, and Entrance Fees for Visiting Travel Agents.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.30%of revenue went to mission work93.2% of expenses · Program services

$97.98spent for every $100 of revenueRevenue covered expenses this year.

6.68%of revenue went to management and office costs6.8% of expenses

$0.43in assets for every $1 spent this yearSome assets cannot be spent right away.

96.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $379,593 for MILTON SEGARRA (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$28,224,115

Mission workProgram services$25,769,61591.30% of revenue93.2% of expenses

ManagementOffice and general costs$1,884,7916.68% of revenue6.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$569,7092.02% of revenueShown in gray on the chart

Total expenses$27,654,40697.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.2% mission · 6.8% management · 0.0% fundraisingTotal expenses: 97.98% of revenue

2023Expense mix: 92.2% mission · 7.8% management · 0.0% fundraisingTotal expenses: 98.06% of revenue

2022Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 97.71% of revenue

2021Expense mix: 92.0% mission · 8.0% management · 0.0% fundraisingTotal expenses: 98.53% of revenue

2020Expense mix: 90.7% mission · 9.3% management · 0.0% fundraisingTotal expenses: 98.62% of revenue

2019Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 98.77% of revenue

2018Expense mix: 90.8% mission · 9.2% management · 0.0% fundraisingTotal expenses: 99.74% of revenue

2017Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 99.38% of revenue

Money in and money out

Revenue$28,224,115

Expenses$27,654,406

Annual surplus $569,709 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$25,769,615 · 93.2% of expenses

Management and office costs$1,884,791 · 6.8% of expenses

See all reported dollar amounts

Revenue$28,224,115

Expenses$27,654,406

Assets$12,005,038

Income$28,224,115

Contributions$27,100,436

Mission work (program services)$25,769,615

Management and general$1,884,791

Accounting fees$104,280

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MILTON SEGARRACEO · 40 hrs/week $379,593Base $307,140 · Other $72,453

KELLY CAVERSCSO · 40 hrs/week $316,377Base $254,652 · Other $61,725

EVAN LOMRANTZCFO · 40 hrs/week $264,141Base $213,907 · Other $50,234

ROBIN PRAKASHVP · 40 hrs/week $230,944Base $177,932 · Other $53,012

ERIKA CONSTANTINEVP · 40 hrs/week $184,682Base $142,360 · Other $42,322

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

MILTON SEGARRACEO

KELLY CAVERSCSO

EVAN LOMRANTZCFO

ROBIN PRAKASHVP

ERIKA CONSTANTINEVP

MARY LOU BEDFORDDIRECTOR

TROY MCLELLANDIRECTOR

STEVEN KLEINDIRECTOR

RON WICHOWSKIDIRECTOR

RICK ROSEDIRECTOR

PETER YESAWICHCHAIRMAN

PETER RICCIDIRECTOR

NOEL MARTINEZDIRECTOR

MO ELBANNAVICE CHAIRMAN

ANDREW GEORGEDIRECTOR

JENNIFER BERTHIAUMEDIRECTOR

JASON EMMETTIMMEDIATE PAST CHAIR

JACK LIGHTONSECRETARY/TREASURER

ERICA KASELDIRECTOR

EMILY SNYDERDIRECTOR

DIANE QUINNDIRECTOR

BERNARDO NETODIRECTOR

About this charity

Recognized since: January 1983
Location: 2195 Southern Boulevard 400, West Palm Beach, FL 33406
County: Palm Beach
In care of: Milton Segarra
Primary officer: Milton Segarra, President & CEO

How to reach them

WebsiteVisit the charity’s website Phone(561) 233-3000

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: HOLYFIELD & THOMAS LLC
NTEE classification: Economic Development (S30)
IRS tax category: Economic Development