THE PALM BEACH FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE PALM BEACH FOUNDATION INC

EIN 90-0862697 · Arts & Culture (A20)

What they do

to Uplift and Mentor Children and Young Adults On Their Path of Creative, Cultural and Civic Worth, and to Support Artistic, Cultural and Enviromental Activities. to Recognize The Work of Philanthropists.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $35.30 was reported for mission work and $57.90 for fundraising. Understand this before you give.

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 leaders3 people are listed in the latest report.

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

Money made simple

34.83%of revenue went to mission work35.3% of expenses · Program services

57.24%of revenue went to fundraising57.9% of expenses

$98.79spent for every $100 of revenueRevenue covered expenses this year.

6.72%of revenue went to management and office costs6.8% of expenses

$0.01in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

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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$210,780

Mission workProgram services$73,40834.83% of revenue35.3% of expenses

ManagementOffice and general costs$14,1726.72% of revenue6.8% of expenses

FundraisingAsking for donations$120,64857.24% of revenue57.9% of expenses

Revenue left after expensesReported annual surplus$2,5521.21% of revenueShown in gray on the chart

Total expenses$208,22898.79% of revenue

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

Pause before giving. This filing reports that 57.9% of spending went to fundraising and 35.3% went to mission work. Ask the charity to explain these numbers and show recent results.

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: 35.3% mission · 6.8% management · 57.9% fundraisingTotal expenses: 98.79% of revenue

2022Expense mix: 0.0% mission · 33.6% management · 50.8% fundraisingTotal expenses: 100.02% of revenue

2021Expense mix: 0.0% mission · 10.8% management · 44.5% fundraisingTotal expenses: 163.27% of revenue

2020Expense mix: 56.6% mission · 34.4% management · 9.0% fundraisingTotal expenses: 146.95% of revenue

2019Expense mix: 29.3% mission · 45.0% management · 25.7% fundraisingTotal expenses: 175.13% of revenue

2018Expense mix: 15.2% mission · 45.6% management · 39.2% fundraisingTotal expenses: 105.88% of revenue

Money in and money out

Revenue$210,780

Expenses$208,228

Annual surplus $2,552 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)$73,408 · 35.3% of expenses

Management and office costs$14,172 · 6.8% of expenses

Fundraising$120,648 · 57.9% of expenses

See all reported dollar amounts

Revenue$210,780

Expenses$208,228

Assets$2,552

Income$210,780

Contributions$210,780

Mission work (program services)$73,408

Fundraising$120,648

Management and general$14,172

People

Leadership and board

Tax year 2024

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

See everyone listed on the board or leadership roster (3)

DARLENE REFICITREASURER

OLYMPIA DEVINEPRESIDENT

RYAN ROCHFORDSECRETARY

About this charity

Recognized since: January 2013
Location: PO BOX 481, Palm Beach, FL 33480
County: Palm Beach
In care of: Olympia Devine
Primary officer: Olympia Devine, President

How to reach them

WebsiteVisit the charity’s website Phone(561) 653-1600 Officer phone(561) 420-9143

Filing and classification

Latest tax year: 2024
Tax period began: November 1, 2024
Return type: 990
Tax preparer: HRB TAX GROUP INC
NTEE classification: Arts & Culture (A20)
IRS tax category: Arts & Culture