Nonprofit · EIN 32-0780082
PALM BEACH RAY OF HOPE FOUNDATION INC
Tax-exempt · WEST PALM BCH, FL 33401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,240,186 | $1,163,136 | $77,050 | $151,277 | $3,355 | $147,922 |
| December 31, 2024 | 990-EZ | $114,859 | $43,987 | $70,872 | $70,872 | – | $70,872 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,240,186
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $83,462
- Salaries, compensation and benefits (total)
- $106,754
- Professional fundraising fees
- $0
- Occupancy
- $18,151
- Program services (functional)
- $983,272
- Management and general (functional)
- $179,864
Balance sheet and other
- Total assets, start of year
- $70,872
- Total assets, end of year
- $151,277
- Total liabilities, end of year
- $3,355
- Net assets, end of year
- $147,922
- Net assets without donor restrictions
- $147,922
- Gross receipts
- $1,240,186
- Employees
- 1
- Year formed
- 2024
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH NEGRIN | CEO Officer | 40 | $83,462 |
| JANET LEVY | President Officer | 0 | $0 |
| JOSEPH McNAMARA | Treasurer Officer | 0 | $0 |
| DOUGLAS EVANS | Secretary Officer | 0 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH NEGRIN | CEO | 40 | $0 |
| JANET LEVY | President | 0 | $0 |
| JOSEPH McNAMARA | Treasurer | 0 | $0 |
| DOUGLAS EVANS | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 515 N FLAGLER DR STE 350, WEST PALM BCH, FL 33401-4349
- In care of
- % JOSEPH MCNAMARA
- Principal officer (990 for 2025)
- SARAH NEGRIN, 515 FLAGLER DRIVE 350, WEST PALM BEACH, FL 33401
- Signed the 990
- JOSEPH McNAMARA, Treasurer
- Phone
- (561) 410-7772
- Website
- www.pbrayofhope.org
- Return prepared by
- FUOCO GROUP LLP
Mission
Our mission is to bring together philanthropy, community leadership, and strategic partnerships to provide hope, opportunity, dignity, and essential resources to those who need them most. Through fundraising events, charitable partnerships, direct program support, and community engagement, Palm Beach Ray of Hope Foundation helps local organizations expand their reach and improve the lives of individuals throughout Palm Beach County.
Program accomplishments
- The foundations core mission is to empower other nonprofits by providing the resources, support, and strategic collaboration they need to create meaningful, positive change within the community. This means rather than delivering direct services itself, the foundation helps strengthen and amplify the work of organizations that serve people in need.Expenses $983,272 · revenue $1,240,186
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 32-0780082
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $151,277
- Income (IRS master file)
- $1,240,186
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,240,186 | $1,163,136 | $151,277 | XML |
| 990-EZ | December 2024 | $114,859 | $43,987 | $70,872 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0780082).
Questions about PALM BEACH RAY OF HOPE FOUNDATION INC
- What is the EIN of PALM BEACH RAY OF HOPE FOUNDATION INC?
- The employer identification number (EIN) of PALM BEACH RAY OF HOPE FOUNDATION INC is 32-0780082.
- Is PALM BEACH RAY OF HOPE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to PALM BEACH RAY OF HOPE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM BEACH RAY OF HOPE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALM BEACH RAY OF HOPE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALM BEACH RAY OF HOPE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PALM BEACH RAY OF HOPE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names SARAH NEGRIN.
- Who are the officers and directors of PALM BEACH RAY OF HOPE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $83,462 (SARAH NEGRIN, CEO).
- How much revenue does PALM BEACH RAY OF HOPE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,240,186, expenses of $1,163,136 and total assets of $151,277 at year end.
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