Navy League Of The United States Palm Beach Council Inc
- Assets
- $158.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 12/1989
- Data as of
- 12/2023
- EIN
- 65-0033917
Organization Overview
Navy League Of The United States Palm Beach Council Inc is located in Jupiter, FL. The organization was established in 1989. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navy League Of The United States Palm Beach Council 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 12/2023, Navy League Of The United States Palm Beach Council Inc generated $69.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $68.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (27.5%) per year over the past 9 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 Mission:
Part 3 - Line 1
TO PROVIDE FOR SCHOLARSHIPS, AWARDS ETC FOR CADETS & LOCATIONS.
Describe the Organization's Program Activity:
Part 3
NAVY SEAL FOUNDATION
NATIONAL NAVY UDT - SEAL MUSEUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Leibowtiz President | 10 | $0 | |
Larry Caruso Vice President | 3 | $0 | |
Charles Stark Director | 2 | $0 | |
Daniel Pedrick Director | 1 | $0 | |
Richard Ray Director | 1 | $0 | |
Louis Palumbo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,505 |
| Total Program Service Revenue | $26,480 |
| Membership dues | $0 |
| Investment income | $6,260 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$586 |
| Other Revenue | $0 |
| Total Revenue | $69,659 |
| 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 | $7,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $657 |
| Other expenses | $26,134 |
| Total expenses | $68,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,234 |
| Other assets | $0 |
| Total assets | $158,838 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,838 |
Grants Awarded
Over the last fiscal year, Navy League Of The United States Palm Beach Council Inc has awarded $813,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAVY SEAL FOUNDA PURPOSE: SUPPORT | $350,000 |
NATL NAVY UDT PURPOSE: SUPPORT | $463,000 |