Business Development Board Foundati On Of Palm Beach County Inc
- Assets
- $156.6k
- Revenue
- $30.0k
- Investments
- $0.0
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 11/2018
- Data as of
- 09/2023
- EIN
- 32-0549892
Organization Overview
Business Development Board Foundati On Of Palm Beach County Inc is located in West Palm Beach, FL. The organization was established in 2018. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Development Board Foundati On Of Palm Beach County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Business Development Board Foundati On Of Palm Beach County Inc generated $30.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $40.1k during the year ending 09/2023. While expenses have increased by 8.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL CAREER SHOWCASE EVENT, ORGANIZED BY THE BUSINESS DEVELOPMENT BOARD FOUNDATION IN COLLABORATION WITH THE PALM BEACH COUNTY SCHOOL DISTRICT, AIMS TO FACILITATE MEANINGFUL CONNECTIONS BETWEEN 11TH AND 12TH-GRADE STUDENTS AND PROMINENT BUSINESS LEADERS IN VARIOUS INDUSTRIES THAT DRIVE PALM BEACH COUNTY'S ECONOMY. THESE INDUSTRIES INCLUDE AVIATION, FINANCIAL SERVICES, TECHNOLOGY, BIOTECH, MANUFACTURING, AND LOGISTICS.PRIOR TO THE EVENT, STUDENTS RECEIVE VALUABLE PREPARATION IN ESSENTIAL SKILLS SUCH AS INTERVIEWING TECHNIQUES, RESUME PRESENTATION, APPROPRIATE ATTIRE, AND FINANCIAL LITERACY. WITH THE FOUNDATION AT THE HELM, THE COORDINATION OF THIS SIGNIFICANT EVENT INVOLVES BRINGING TOGETHER 60 BUSINESSES AND ACCOMMODATING 2,100 STUDENTS, ENSURING A SUCCESSFUL AND ENRICHING EXPERIENCE FOR ALL PARTICIPANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank D Compiani Treasurer | 1 | $0 | |
Kenneth Kahn Secretary | 1 | $0 | |
Carey O'donnell Chair | 1 | $0 | |
Harvey Oyer Vice Chair | 1 | $0 | |
Kelly Smallridge President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $371 |
| Other expenses | $39,736 |
| Total operating and administrative expenses | $40,107 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $40,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,560 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $156,560 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |