Palm Beach Public School Orchestralstrings Foundation Inc
- Assets
- $193.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-8394938
Organization Overview
Palm Beach Public School Orchestralstrings Foundation Inc is located in Palm Beach, FL. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Beach Public School Orchestralstrings Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Palm Beach Public School Orchestralstrings Foundation Inc generated $17.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $7.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE INSTRUMENTS, MATERIALS AND EDUCATIONAL DIRECTION FOR THE STRINGS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Paret President | 5 | $0 | |
Andres Salcedo Director | 2 | $0 | |
Scott Doyno Director | 2 | $0 | |
Randolph Smith Program Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,963 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,963 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,400 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,114 |
| Total expenses | $7,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,021 |
| Other assets | $0 |
| Total assets | $192,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,958 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palm Beach Public School Orchestralstrings Foundation Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |
Pure Edge Inc Palm Beach, FL | $739,291 | $2,020,460 |
Alternative Education Foundation Inc Davie, FL | $702,527 | $2,696,201 |
Education Foundation Of Sarasota Co Unty Inc Sarasota, FL | $5,086,867 | $4,227,915 |
University Of Florida Development Corporation Gainesville, FL | $11,943,110 | $1,922,102 |
Learning Your Function Inc Land O Lakes, FL | $6,125,215 | $3,081,687 |