Palm Beach Round Table
- Assets
- $308.3k
- Revenue
- $131.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Palm Beach, FL
- Founding
- 09/1942
- Data as of
- 06/2021
- EIN
- 59-1311062
Organization Overview
Palm Beach Round Table is located in Palm Beach, FL. The organization was established in 1942. As of 06/2021, Palm Beach Round Table employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Beach Round Table 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 06/2021, Palm Beach Round Table generated $131.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $190.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH A FORUM FOR CURRENT EVENTS & EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELD MULTIPLE PROGRAMS WHICH INFORMED & EDUCATED THE PUBLIC CONCERNING CURRENT EVENTS. THESE PROGRAMS INCLUDED THOUGHT PROVOKING SPEAKERS DISCUSSING WORLD AFFAIRS, AND SATISFIED THE OBJECTIVE OF EDUCATING AND STIMULATING THE ASSEMBLED MEMBERS AND GUESTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carter Clarke Secretary | OfficerTrustee | 1 | $0 |
Arlette Gordon 1st V.P. | OfficerTrustee | 1 | $0 |
Herbert Roemmele Chairperson | OfficerTrustee | 10 | $0 |
Mary Bryant Mccourt 2nd V.p | OfficerTrustee | 1 | $0 |
Michael J Dixon Treasurer | OfficerTrustee | 1 | $0 |
Suzi Goldsmith Asst. Treas. | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,960 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,795 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,755 |
| Total Program Service Revenue | $42,965 |
| Investment income | $2,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,198 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,522 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $430 |
| Insurance | $0 |
| All other expenses | $12,269 |
| Total functional expenses | $190,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,531 |
| Savings and temporary cash investments | $65,939 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $183,047 |
| Total assets | $308,310 |
| Accounts payable and accrued expenses | $3,047 |
| Grants payable | $0 |
| Deferred revenue | $14,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,497 |
| Net assets without donor restrictions | $290,813 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $308,310 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Palm Beach Round Table has recieved totaling $11,175.
| Awarding Organization | Amount |
|---|---|
The Len-Ari Foundation Inc Fort Wayne, IN PURPOSE: OPERATING SUPPORT | $5,000 |
Quantum Foundation Inc West Palm Beach, FL PURPOSE: GENERAL FUNDING | $2,700 |
Regal Fam Charitable Tr Wilmington, DE PURPOSE: SHARE INFORMATION ABOUT | $2,000 |
Gail L & Arthur E Benjamin Foundation Holladay, UT PURPOSE: GENERAL SUPPORT | $1,475 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Gibson Electric Membership Corp Trenton, TN | $199,281,246 | $104,510,085 |
Four County Electric Membership Corp Burgaw, NC | $229,795,069 | $103,654,934 |
Central Electric Power Association Carthage, MS | $142,416,370 | $101,127,410 |
Holston Electric Cooperative Inc Rogersville, TN | $140,432,181 | $97,958,544 |
Sequachee Valley Electric Cooperative South Pittsburg, TN | $165,775,520 | $105,669,415 |
Central Alabama Electric Cooperative Prattville, AL | $339,092,082 | $97,489,806 |
Institute Of Nuclear Power Operations Atlanta, GA | $114,402,885 | $104,860,180 |
Pee Dee Electric Cooperative Inc Darlington, SC | $181,919,242 | $94,464,000 |
Hart Electric Membership Corp Hartwell, GA | $227,728,767 | $84,026,536 |
East Mississippi Electric Power Meridian, MS | $245,986,766 | $82,434,057 |
Georgia System Operations Corporation Tucker, GA | $29,189,224 | $80,847,817 |