Palm Beach Hounds Inc
- Assets
- $66.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, FL
- Founding
- 02/1987
- Data as of
- 12/2023
- EIN
- 59-2620559
Organization Overview
Palm Beach Hounds Inc is located in Stuart, FL. The organization was established in 1987. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Beach Hounds Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Palm Beach Hounds Inc generated $79.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $78.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
TO CONTINUE THE TRADITION OF RIDING WITH THE HOUNDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Brown President | 0 | $0 | |
Reve Walsh Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $302 |
| Total Program Service Revenue | $0 |
| Membership dues | $68,470 |
| Investment income | $1,084 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,344 |
| Other Revenue | $0 |
| Total Revenue | $79,618 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,800 |
| Occupancy, rent, utilities, and maintenance | $43,621 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,694 |
| Total expenses | $78,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,513 |
| Other assets | $0 |
| Total assets | $66,513 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,513 |