Bonnet House Inc is located in Fort Lauderdale, FL. The organization was established in 1992. As of 06/2024, Bonnet House Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bonnet House 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 06/2024, Bonnet House Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.9m during the year ending 06/2024. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CELEBRATING THE STORY OF FREDERIC AND EVELYN BARTLETT, WE PRESERVE THE ART, HISTORY AND NATURE OF BONNET HOUSE, PROVIDING INSPIRATION AND RESPITE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE, MAINTAIN AND OPERATE THE BONNET HOUSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James B Labate Chair | OfficerTrustee | 5 | $0 |
Joey Epstein Treasurer | OfficerTrustee | 5 | $0 |
Eileen Lamarca Board Member | Trustee | 2 | $0 |
Ashley Palmer Lindsay Board Member | Trustee | 2 | $0 |
Sarah Regensdorf Board Member | Trustee | 2 | $0 |
Neil Goldberg Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $94,813 |
Fundraising events | $84,000 |
Related organizations | $0 |
Government grants | $580,388 |
All other contributions, gifts, grants, and similar amounts not included above | $386,560 |
Noncash contributions included in lines 1a–1f | $85,732 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,145,761 |
Total Program Service Revenue | $799,815 |
Investment income | $421,880 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $377,218 |
Net Gain/Loss on Asset Sales | -$67,515 |
Net Income from Fundraising Events | $29,702 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $91,163 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,798,024 |
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. | $271,763 |
Compensation of current officers, directors, key employees. | $22,801 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $962,562 |
Pension plan accruals and contributions | $51,450 |
Other employee benefits | $127,262 |
Payroll taxes | $93,530 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $16,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $32,244 |
Fees for services: Other | $256,417 |
Advertising and promotion | $201,165 |
Office expenses | $104,918 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $42,969 |
Insurance | $165,890 |
All other expenses | $3,702 |
Total functional expenses | $2,870,335 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,639 |
Savings and temporary cash investments | $514,793 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $95,457 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $35,993 |
Prepaid expenses and deferred charges | $121,379 |
Net Land, buildings, and equipment | $14,790,876 |
Investments—publicly traded securities | $0 |
Investments—other securities | $7,334,389 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,975,231 |
Total assets | $27,961,757 |
Accounts payable and accrued expenses | $94,250 |
Grants payable | $0 |
Deferred revenue | $196,015 |
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 | $23,736 |
Total liabilities | $314,001 |
Net assets without donor restrictions | $5,434,301 |
Net assets with donor restrictions | $22,213,455 |
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 | $27,961,757 |