Broward Palm Beaches And St Lucie Realtors Inc
EIN: 590551652 · West Palm Bch, FL · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $10.2M |
| Total Expenses | $5.2M |
| Net Assets | $10.7M |
Is Broward Palm Beaches And St Lucie Realtors Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Broward Palm Beaches And St Lucie Realtors Inc
Broward Palm Beaches And St Lucie Realtors Inc (EIN: 590551652) is a nonprofit organization based in West Palm Bch, FL, classified under NTEE code S41. The organization reported total revenue of $10.2M and total assets of $27.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broward Palm Beaches And St Lucie Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Broward Palm Beaches And St Lucie Realtors Inc is a large nonprofit that has been operating for 4 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $5.2M |
| Surplus / Deficit | $-282,948 |
| Total Assets | $22.2M |
| Total Liabilities | $11.5M |
| Net Assets | $10.7M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 51.9% |
| Months of Reserves | 51.0 months |
Financial Health Grade: C
In 2023, Broward Palm Beaches And St Lucie Realtors Inc reported a deficit of $283K with expenses exceeding revenue, holds 51.0 months of operating reserves (strong position), has a debt-to-asset ratio of 51.9% (high leverage).
Financial Trends
Over 8 years of filings (2011–2023), Broward Palm Beaches And St Lucie Realtors Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.1% | +10.0% | +29.7% |
| 2022 | +8.7% | -4.6% | +37.0% |
| 2016 | +14.2% | +7.6% | -5.7% |
| 2015 | +4.9% | +0.5% | -5.0% |
| 2014 | -0.1% | +7.3% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Broward Palm Beaches And St Lucie Realtors Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Broward Palm Beaches And St Lucie Realtors Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $283K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.9%.
Frequently Asked Questions about Broward Palm Beaches And St Lucie Realtors Inc
Is Broward Palm Beaches And St Lucie Realtors Inc a legitimate charity?
Broward Palm Beaches And St Lucie Realtors Inc (EIN: 590551652) is a registered tax-exempt nonprofit based in Florida. It has 8 years of IRS 990 filings on record. Total revenue: $10.2M. No red flags identified. Financial health grade: C.
How does Broward Palm Beaches And St Lucie Realtors Inc spend its money?
Broward Palm Beaches And St Lucie Realtors Inc reported $10.2M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Broward Palm Beaches And St Lucie Realtors Inc tax-deductible?
Broward Palm Beaches And St Lucie Realtors Inc is registered as a tax-exempt nonprofit (EIN: 590551652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Broward Palm Beaches And St Lucie Realtors Inc located?
Broward Palm Beaches And St Lucie Realtors Inc is headquartered in West Palm Bch, Florida and files with the IRS under EIN 590551652. It is classified under NTEE code S41.
How many years of IRS 990 filings does Broward Palm Beaches And St Lucie Realtors Inc have?
Broward Palm Beaches And St Lucie Realtors Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.2M in total revenue.
Filing History
IRS 990 filing history for Broward Palm Beaches And St Lucie Realtors Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Broward Palm Beaches And St Lucie Realtors Inc's revenue has grown by 14.6%, moving from $4.3M to $4.9M. Total assets increased by 69.3% over the same period, from $13.1M to $22.2M. Total functional expenses rose by 33.7%, from $3.9M to $5.2M. In its most recent filing year (2023), Broward Palm Beaches And St Lucie Realtors Inc reported a deficit of $283K, with expenses exceeding revenue. The organization holds $11.5M in liabilities against $22.2M in assets (debt-to-asset ratio: 51.9%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $5.2M | $22.2M | $11.5M | — | — |
| 2022 | $4.9M | $4.7M | $17.1M | $6.7M | — | — |
| 2016 | $4.5M | $5.0M | $12.5M | $3.4M | — | — |
| 2015 | $4.0M | $4.6M | $13.2M | $3.9M | — | View 990 |
| 2014 | $3.8M | $4.6M | $13.9M | $3.6M | — | View 990 |
| 2013 | $3.8M | $4.3M | $13.7M | $2.7M | — | View 990 |
| 2012 | $3.6M | $4.2M | $13.5M | $2.1M | — | View 990 |
| 2011 | $4.3M | $3.9M | $13.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $5.2M, and assets of $22.2M (revenue +0.1% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.7M, and assets of $17.1M (revenue +8.7% year-over-year).
- 2016: Revenue of $4.5M, expenses of $5.0M, and assets of $12.5M (revenue +14.2% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.6M, and assets of $13.2M (revenue +4.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $4.6M, and assets of $13.9M (revenue -0.1% year-over-year).
- 2013: Revenue of $3.8M, expenses of $4.3M, and assets of $13.7M (revenue +4.8% year-over-year).
- 2012: Revenue of $3.6M, expenses of $4.2M, and assets of $13.5M (revenue -16.0% year-over-year).
- 2011: Revenue of $4.3M, expenses of $3.9M, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Broward Palm Beaches And St Lucie Realtors Inc:
Data Sources and Methodology
This transparency report for Broward Palm Beaches And St Lucie Realtors Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.