Palm Beach Country Club Foundation Inc

Palm Beach Country Club Foundation shows consistent revenue growth and strong asset accumulation with no reported liabilities.

EIN: 201330372 · Palm Beach, FL · Updated: 2026-03-28

$1.0MRevenue

$807KAssets

80/100Mission Score (Excellent)

Is Palm Beach Country Club Foundation Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Palm Beach Country Club Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Palm Beach Country Club Foundation Inc

Palm Beach Country Club Foundation Inc (EIN: 201330372) is a nonprofit organization based in Palm Beach, FL. The organization reported total revenue of $1.0M and total assets of $807K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palm Beach Country Club Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Palm Beach Country Club Foundation Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, its revenue has steadily increased from $325,835 in 2014 to $734,766 in 2023, with assets growing from $343,364 to $700,937 in the same period. The organization consistently reports zero liabilities, indicating strong financial management and no outstanding debts, which is a significant positive indicator of financial stability.

Spending efficiency is generally good, with expenses typically staying below or close to revenue, allowing for asset accumulation. For instance, in 2023, expenses were $710,035 against revenues of $734,766, resulting in a surplus. The absence of reported officer compensation across all filings suggests that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can contribute to lower administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.

Transparency is moderately good given the available data. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to public disclosure. The clear reporting of revenue, expenses, assets, and liabilities, along with the explicit mention of 0% officer compensation, provides a foundational level of transparency. However, the lack of NTEE code and detailed functional expense breakdowns in the provided summary limits a deeper understanding of how funds are allocated between programs, administration, and fundraising, which would enhance overall transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Palm Beach Country Club Foundation Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Palm Beach Country Club Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which contributes to lower overhead costs relative to its growing size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Palm Beach Country Club Foundation Inc's IRS 990 filings:

NTEE Code is unknown, limiting understanding of specific mission area
Detailed functional expense breakdown (program, admin, fundraising) not provided in summary, hindering precise efficiency analysis

Strengths

The following positive indicators were identified for Palm Beach Country Club Foundation Inc:

Consistent revenue growth, increasing from $325,835 in 2014 to $734,766 in 2023
Strong asset accumulation, growing from $343,364 in 2014 to $700,937 in 2023
Zero reported liabilities across all filing periods, indicating excellent financial stability
0% officer compensation reported, suggesting efficient use of funds for leadership
Expenses consistently managed below or close to revenue, allowing for surplus and asset growth

Frequently Asked Questions about Palm Beach Country Club Foundation Inc

Is Palm Beach Country Club Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Palm Beach Country Club Foundation Inc (EIN: 201330372) some concerns. Mission Score: 80/100. 2 red flags identified, 5 strengths noted.

How does Palm Beach Country Club Foundation Inc spend its money?

Palm Beach Country Club Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Palm Beach Country Club Foundation Inc tax-deductible?

Palm Beach Country Club Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201330372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Palm Beach Country Club Foundation Inc a good charity?

Based on the available financial data, the foundation appears to be a financially sound organization with consistent growth, healthy asset accumulation, and no reported liabilities. The absence of officer compensation is also a positive sign for efficiency. However, without detailed program spending information, it's difficult to fully assess its programmatic impact.

How has the organization's financial health changed over the past decade?

The organization's financial health has significantly improved over the past decade. Revenue has more than doubled from $325,835 in 2014 to $734,766 in 2023, and assets have grown from $343,364 to $700,937 in the same period, indicating strong financial growth and stability.

What is the organization's liability situation?

The organization consistently reports $0 in liabilities across all available filing periods, including the latest in 2023. This indicates excellent financial management and a complete absence of debt.

Filing History

IRS 990 filing history for Palm Beach Country Club Foundation Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Palm Beach Country Club Foundation Inc's revenue has grown by 143.1%, moving from $302K to $735K. Total assets increased by 144.3% over the same period, from $287K to $701K. Total functional expenses rose by 137.2%, from $299K to $710K. In its most recent filing year (2023), Palm Beach Country Club Foundation Inc reported a surplus of $25K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$735K	$710K	$701K	$0	—	View 990
2022	$599K	$513K	$681K	$0	—	View 990
2021	$617K	$418K	$595K	$0	—	View 990
2020	$415K	$400K	$396K	$0	—	View 990
2019	$413K	$366K	$381K	$0	—	View 990
2018	$333K	$361K	$334K	$0	—	View 990
2017	$356K	$338K	$363K	$0	—	View 990
2016	$370K	$367K	$345K	$0	—	View 990
2015	$322K	$323K	$342K	$0	—	View 990
2014	$326K	$335K	$343K	$0	—	View 990
2013	$330K	$287K	$353K	$0	—	View 990
2012	$311K	$291K	$309K	$0	—	View 990
2011	$281K	$278K	$290K	$0	—	View 990
2010	$302K	$299K	$287K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $735K, expenses of $710K, and assets of $701K (revenue +22.6% year-over-year).
2022: Revenue of $599K, expenses of $513K, and assets of $681K (revenue -2.9% year-over-year).
2021: Revenue of $617K, expenses of $418K, and assets of $595K (revenue +48.8% year-over-year).
2020: Revenue of $415K, expenses of $400K, and assets of $396K (revenue +0.4% year-over-year).
2019: Revenue of $413K, expenses of $366K, and assets of $381K (revenue +24.2% year-over-year).
2018: Revenue of $333K, expenses of $361K, and assets of $334K (revenue -6.5% year-over-year).
2017: Revenue of $356K, expenses of $338K, and assets of $363K (revenue -3.7% year-over-year).
2016: Revenue of $370K, expenses of $367K, and assets of $345K (revenue +14.9% year-over-year).
2015: Revenue of $322K, expenses of $323K, and assets of $342K (revenue -1.3% year-over-year).
2014: Revenue of $326K, expenses of $335K, and assets of $343K (revenue -1.3% year-over-year).
2013: Revenue of $330K, expenses of $287K, and assets of $353K (revenue +6.3% year-over-year).
2012: Revenue of $311K, expenses of $291K, and assets of $309K (revenue +10.6% year-over-year).
2011: Revenue of $281K, expenses of $278K, and assets of $290K (revenue -7.1% year-over-year).
2010: Revenue of $302K, expenses of $299K, and assets of $287K.

Data Sources and Methodology

This transparency report for Palm Beach Country Club Foundation 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.