The Fund For West Palm Beach Police Inc
EIN: 592293239 · West Palm Bch, FL
| Metric | Value |
|---|---|
| Total Revenue | $984K |
| Total Expenses | $1.0M |
| Net Assets | $905K |
Is The Fund For West Palm Beach Police Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Fund For West Palm Beach Police Inc
The Fund For West Palm Beach Police Inc (EIN: 592293239) is a nonprofit organization based in West Palm Bch, FL. The organization reported total revenue of $984K and total assets of $795K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Fund For West Palm Beach Police Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Fund For West Palm Beach Police Inc is a small nonprofit that has been operating for 42 years, with 9 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 34.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $882K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-165,930 |
| Total Assets | $905K |
| Net Assets | $905K |
| Operating Margin | -18.8% |
| Months of Reserves | 10.4 months |
Financial Health Grade: B
In 2023, The Fund For West Palm Beach Police Inc reported a deficit of $166K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2008–2023), The Fund For West Palm Beach Police Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +224.3% | +389.7% | -15.5% |
| 2022 | +141.1% | +137.6% | +115.6% |
| 2021 | -8.4% | +190.3% | +4.8% |
| 2020 | +11.5% | -57.2% | +24.1% |
| 2019 | -70.7% | -15.0% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Fund For West Palm Beach Police 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 The Fund For West Palm Beach Police 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 $166K, with expenses exceeding revenue.
Frequently Asked Questions about The Fund For West Palm Beach Police Inc
Is The Fund For West Palm Beach Police Inc a legitimate charity?
The Fund For West Palm Beach Police Inc (EIN: 592293239) is a registered tax-exempt nonprofit based in Florida. It has 9 years of IRS 990 filings on record. Total revenue: $984K. No red flags identified. Financial health grade: B.
How does The Fund For West Palm Beach Police Inc spend its money?
The Fund For West Palm Beach Police Inc reported $984K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Fund For West Palm Beach Police Inc tax-deductible?
The Fund For West Palm Beach Police Inc is registered as a tax-exempt nonprofit (EIN: 592293239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Fund For West Palm Beach Police Inc located?
The Fund For West Palm Beach Police Inc is headquartered in West Palm Bch, Florida and files with the IRS under EIN 592293239.
How many years of IRS 990 filings does The Fund For West Palm Beach Police Inc have?
The Fund For West Palm Beach Police Inc has 9 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 $984K in total revenue.
Filing History
IRS 990 filing history for The Fund For West Palm Beach Police Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2008–2023), The Fund For West Palm Beach Police Inc's revenue has grown by 8678.5%, moving from $10K to $882K. Total assets increased by 4171.3% over the same period, from $21K to $905K. Total functional expenses rose by 41830.4%, from $3K to $1.0M. In its most recent filing year (2023), The Fund For West Palm Beach Police Inc reported a deficit of $166K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $882K | $1.0M | $905K | $0 | — | — |
| 2022 | $272K | $214K | $1.1M | $0 | — | View 990 |
| 2021 | $113K | $90K | $497K | $0 | — | View 990 |
| 2020 | $123K | $31K | $474K | $0 | — | View 990 |
| 2019 | $110K | $72K | $382K | $0 | — | View 990 |
| 2018 | $377K | $85K | $344K | $0 | — | View 990 |
| 2017 | $63K | $30K | $52K | $0 | — | View 990 |
| 2016 | $45K | $27K | $18K | $0 | — | View 990 |
| 2008 | $10K | $3K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $882K, expenses of $1.0M, and assets of $905K (revenue +224.3% year-over-year).
- 2022: Revenue of $272K, expenses of $214K, and assets of $1.1M (revenue +141.1% year-over-year).
- 2021: Revenue of $113K, expenses of $90K, and assets of $497K (revenue -8.4% year-over-year).
- 2020: Revenue of $123K, expenses of $31K, and assets of $474K (revenue +11.5% year-over-year).
- 2019: Revenue of $110K, expenses of $72K, and assets of $382K (revenue -70.7% year-over-year).
- 2018: Revenue of $377K, expenses of $85K, and assets of $344K (revenue +495.8% year-over-year).
- 2017: Revenue of $63K, expenses of $30K, and assets of $52K (revenue +40.2% year-over-year).
- 2016: Revenue of $45K, expenses of $27K, and assets of $18K (revenue +349.0% year-over-year).
- 2008: Revenue of $10K, expenses of $3K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Fund For West Palm Beach Police Inc:
Data Sources and Methodology
This transparency report for The Fund For West Palm Beach Police 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.