Nami Palm Beach County Inc
EIN: 592301320 · West Palm Bch, FL · NTEE: F21
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $776K |
| Net Assets | $800K |
Is Nami Palm Beach County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nami Palm Beach County Inc
Nami Palm Beach County Inc (EIN: 592301320) is a nonprofit organization based in West Palm Bch, FL, classified under NTEE code F21. The organization reported total revenue of $1.1M and total assets of $965K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nami Palm Beach County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nami Palm Beach County Inc is a mid-size nonprofit that has been operating for 8 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $770K |
| Total Expenses | $776K |
| Surplus / Deficit | $-5,666 |
| Total Assets | $822K |
| Total Liabilities | $22K |
| Net Assets | $800K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Nami Palm Beach County Inc reported a deficit of $6K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Nami Palm Beach County Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | -2.7% | +0.5% |
| 2022 | -7.8% | +9.9% | +0.0% |
| 2021 | +22.6% | +6.9% | +1.5% |
| 2020 | +9.4% | +0.3% | +29.6% |
| 2019 | -13.0% | -6.6% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nami Palm Beach County 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 Nami Palm Beach County 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Nami Palm Beach County Inc
Is Nami Palm Beach County Inc a legitimate charity?
Nami Palm Beach County Inc (EIN: 592301320) is a registered tax-exempt nonprofit based in Florida. It has 11 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does Nami Palm Beach County Inc spend its money?
Nami Palm Beach County Inc reported $1.1M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nami Palm Beach County Inc tax-deductible?
Nami Palm Beach County Inc is registered as a tax-exempt nonprofit (EIN: 592301320). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nami Palm Beach County Inc located?
Nami Palm Beach County Inc is headquartered in West Palm Bch, Florida and files with the IRS under EIN 592301320. It is classified under NTEE code F21.
How many years of IRS 990 filings does Nami Palm Beach County Inc have?
Nami Palm Beach County Inc has 11 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Nami Palm Beach County Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Nami Palm Beach County Inc's revenue has grown by 1983.5%, moving from $37K to $770K. Total assets increased by 712% over the same period, from $101K to $822K. Total functional expenses rose by 2025.7%, from $36K to $776K. In its most recent filing year (2023), Nami Palm Beach County Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $22K in liabilities against $822K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $800K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $770K | $776K | $822K | $22K | — | — |
| 2022 | $793K | $797K | $818K | $26K | — | View 990 |
| 2021 | $861K | $725K | $818K | $36K | — | View 990 |
| 2020 | $702K | $678K | $806K | $160K | — | — |
| 2019 | $642K | $676K | $622K | $7K | — | View 990 |
| 2018 | $738K | $724K | $660K | $23K | — | View 990 |
| 2016 | $585K | $512K | $453K | $7K | — | View 990 |
| 2014 | $434K | $315K | $328K | $28K | — | View 990 |
| 2013 | $189K | $150K | $184K | $4K | — | View 990 |
| 2012 | $120K | $76K | $147K | $657 | — | View 990 |
| 2011 | $37K | $36K | $101K | $183 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $770K, expenses of $776K, and assets of $822K (revenue -3.0% year-over-year).
- 2022: Revenue of $793K, expenses of $797K, and assets of $818K (revenue -7.8% year-over-year).
- 2021: Revenue of $861K, expenses of $725K, and assets of $818K (revenue +22.6% year-over-year).
- 2020: Revenue of $702K, expenses of $678K, and assets of $806K (revenue +9.4% year-over-year).
- 2019: Revenue of $642K, expenses of $676K, and assets of $622K (revenue -13.0% year-over-year).
- 2018: Revenue of $738K, expenses of $724K, and assets of $660K (revenue +26.1% year-over-year).
- 2016: Revenue of $585K, expenses of $512K, and assets of $453K (revenue +34.9% year-over-year).
- 2014: Revenue of $434K, expenses of $315K, and assets of $328K (revenue +130.2% year-over-year).
- 2013: Revenue of $189K, expenses of $150K, and assets of $184K (revenue +56.5% year-over-year).
- 2012: Revenue of $120K, expenses of $76K, and assets of $147K (revenue +226.0% year-over-year).
- 2011: Revenue of $37K, expenses of $36K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nami Palm Beach County Inc:
Data Sources and Methodology
This transparency report for Nami Palm Beach County 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.