Palm Bay Municipal Foundation Inc
- Assets
- $112.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Bay, FL
- Founding
- 05/2014
- Data as of
- 09/2023
- EIN
- 90-0985625
Organization Overview
Palm Bay Municipal Foundation Inc is located in Palm Bay, FL. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Bay Municipal Foundation 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, Palm Bay Municipal Foundation Inc generated $65.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.9% each year . All expenses for the organization totaled $20.6k during the year ending 09/2023. While expenses have increased by 9.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DUE TO COVID-19, NO REVENUE EFFORTS WERE CONDUCTED AND NO FUNDING WAS DONATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Medina President | 0 | $0 | |
Kenneth Johnson Vice President | 0 | $0 | |
Donny Felix Director | 0 | $0 | |
Randy Foster Director | 0 | $0 | |
Suzanne Sherman Executive Director | 0 | $0 | |
Larry Wojciechowski Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $65,820 |
| Other Revenue | $0 |
| Total Revenue | $65,828 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,853 |
| Total expenses | $20,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,807 |
| Other assets | $0 |
| Total assets | $112,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,807 |