Palm Beach First Responders Foundation Inc
EIN: 862122418 · Palm Beach, FL · NTEE: M24
About Palm Beach First Responders Foundation Inc
Palm Beach First Responders Foundation Inc (EIN: 862122418) is a nonprofit organization based in Palm Beach, FL, classified under NTEE code M24. The organization reported total revenue of $989K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palm Beach First Responders Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Palm Beach First Responders Foundation 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 Palm Beach First Responders Foundation 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.
Filing History
IRS 990 filing history for Palm Beach First Responders Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Palm Beach First Responders Foundation Inc's revenue has grown by 18.2%, moving from $550K to $650K. Total assets decreased by 44.4% over the same period, from $40K to $23K. Total functional expenses rose by 34%, from $510K to $683K. In its most recent filing year (2023), Palm Beach First Responders Foundation Inc reported a deficit of $33K, with expenses exceeding revenue. The organization holds $15K in liabilities against $23K in assets (debt-to-asset ratio: 67.3%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $650K | $683K | $23K | $15K | — | — |
| 2022 | $550K | $510K | $40K | $126 | — | View 990 |
Data Sources and Methodology
This transparency report for Palm Beach First Responders 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.