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 12/2022, Palm Beach Hounds Inc generated $87.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $80.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) 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
2022
Describe the Organization's Program Activity:
Part 3
TOCONTINUETHETRADITIONOFRIDINGWITHTHEHOUNDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reve Walsh President | 0 | $0 | |
Adam Brown Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,525 |
Total Program Service Revenue | $0 |
Membership dues | $65,165 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $18,325 |
Other Revenue | $0 |
Total Revenue | $87,609 |
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 | $250 |
Occupancy, rent, utilities, and maintenance | $55,383 |
Printing, publications, postage, and shipping | $1,128 |
Other expenses | $23,584 |
Total expenses | $80,345 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $59,510 |
Other assets | $0 |
Total assets | $65,010 |
Total liabilities | $0 |
Net assets or fund balances | $65,010 |
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