Palm Beach International Agricultural Summit Inc is located in West Palm Beach, FL. Palm Beach International Agricultural Summit Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING A ONE-DAY FORUM PRESENTED BY DIVERSE STAKEHOLDERS IN PALM BEACH COUNTY'S BUSINESS COMMUNITY TO EDUCATE THE PUBLIC ABOUT MODERN AGRICULTURE IN THE COUNTY AND STATE, AND ITS FOUNDATIONAL ROLE IN ADVANCING OUR QUALITY OF LIFE AND DRIVING LOCAL, REGIONAL, NATIONAL AND GLOBAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLANNING AND HOSTING THE PALM BEACH INTERNATIONAL AGRICULTURAL SUMMIT (THE "SUMMIT") - THE SUMMIT PROVIDED A FORUM FOR PALM BEACH COUNTY, FLORIDA STAKEHOLDERS TO COME TOGETHER TO LEARN ABOUT THE BUSINESS OF MODERN AGRICULTURE AND ITS ROLE IN THE LOCAL ECONOMY. THE SUMMIT IDENTIFIED ADN DEVELPED OPPORTUNITIES FOR LOCAL AGRICULTURE, ENCOURAGED AND PROMOTED NETWORKING OPPORTUNITIES BETWEEN AGRICULTURE AND NON-AGRICULTURE BUSINESSES, PUBLICIZED THE BENEFITS OF A STRONG LOCAL AGRICULTURAL INDUSTRY, RESEARCHED A DETAILED ECONOMIC STUDY FOCUSED ON THE IMPACT OF THE LOCAL AGRICULTURAL INDUATRY ON LOCAL BUSINESS AND QUALITY-OF-LIFE, AND BROUGHT TOGETHER VARIOUS STAKEHOLDERS AND INNOVATORS TO DEVELOP NEW WAYS FOR PALM BEACH COUNTY TO BE AT THE FOREFRONT OF WORK TOWARD NEW SOLUTIONS OR APPROACHES TO ELIMINATE OR REDUCE FOOD SUPPLY, DISTRIBUTION, AND NUTRITION ISSUES. A FOLLOW-UP FROM THE SUMMIT CONTINUES TO SPREAD THE MESSAGES AND INFORMATION DEVELOPED AND OBTAINED AT THE SUMMIT.
PLANNING AND HOSTING THE PALM BEACH INTERNATIONAL AGRICULTURAL SUMMIT (THE "SUMMIT") - THE SUMMIT PROVIDED A FORUM FOR PALM BEACH COUNTY, FLORIDA STAKEHOLDERS TO COME TOGETHER TO LEARN ABOUT THE BUSINESS OF MODERN AGRICULTURE AND ITS ROLE IN THE LOCAL ECONOMY. THE SUMMIT IDENTIFIED AND DEVELPED OPPORTUNITIES FOR LOCAL AGRICULTURE, ENCOURAGED AND PROMOTED NETWORKING OPPORTUNITIES BETWEEN AGRICULTURE AND NON-AGRICULTURE BUSINESSES, PUBLICIZED THE BENEFITS OF A STRONG LOCAL AGRICULTURAL INDUSTRY, RESEARCHED A DETAILED ECONOMIC STUDY FOCUSED ON THE IMPACT OF THE LOCAL AGRICULTURAL INDUATRY ON LOCAL BUSINESS AND QUALITY-OF-LIFE, AND BROUGHT TOGETHER VARIOUS STAKEHOLDERS AND INNOVATORS TO DEVELOP NEW WAYS FOR PALM BEACH COUNTY TO BE AT THE FOREFRONT OF WORK TOWARD NEW SOLUTIONS OR APPROACHES TO ELIMINATE OR REDUCE FOOD SUPPLY, DISTRIBUTION, AND NUTRITION ISSUES. A FOLLOW-UP FROM THE SUMMIT CONTINUED TO SPREAD THE MESSAGES AND INFORMATION DEVELOPED AND OBTAINED AT THE SUMMIT. BALANCE OF FUNDS NOT USED DURING THE SUMMIT WERE THEN DONATED TO LOCAL CHARITIES.
DONATION OF REMAINING FUNDS TO LOCAL CHARITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellen Perry Marshall Secretary | OfficerTrustee | 1 | $65,938 |
Daniel Martell Director & P | OfficerTrustee | 1 | $0 |
Wendy Link Director & V | OfficerTrustee | 1 | $0 |
Mark Elhilow Director & T | OfficerTrustee | 1 | $0 |
Rachel Docekal Director | Trustee | 1 | $0 |
Joseph Rooney Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,000 |
All other contributions, gifts, grants, and similar amounts not included above | $320,823 |
Noncash contributions included in lines 1a–1f | $5,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $340,823 |
Total Program Service Revenue | $76,295 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $0 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $19,387 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,437 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $33,435 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,997 |
Advertising and promotion | $55,001 |
Office expenses | $103 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $107,088 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $24 |
Total functional expenses | $26,648 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $26,648 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $26,648 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |