Nonprofit · EIN 59-2088930
WORTH AVE ASSOCIATION INC
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $194,912 | $158,238 | $36,674 | $205,641 | $0 | $205,641 |
| October 31, 2024 | 990 | $175,062 | $154,971 | $20,091 | $168,967 | $0 | $168,967 |
| October 31, 2023 | 990 | $150,054 | $150,731 | -$677 | $148,876 | $0 | $148,876 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $126,291
- Membership dues
- $126,291
- Program service revenue
- $68,621
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,611
- Occupancy
- $11,915
- Depreciation
- $588
- Program services (functional)
- $108,219
- Management and general (functional)
- $45,139
- Fundraising (functional)
- $4,880
Balance sheet and other
- Total assets, start of year
- $168,967
- Total assets, end of year
- $205,641
- Total liabilities, end of year
- $0
- Net assets, end of year
- $205,641
- Land, buildings and equipment
- $2,256
- Gross receipts
- $194,912
- Employees
- 0
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK STEINHART | PRESIDENT Trustee or director, Officer | – | $0 |
| DAREN RUBENFELD | VICE PRESIDE Trustee or director, Officer | – | $0 |
| JOSE DURAN | 2ND VICE PRE Trustee or director, Officer | – | $0 |
| MICHAEL MAUS | TREASURER Trustee or director, Officer | – | $0 |
990 for the year ended October 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK STEINHART | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAREN RUBENFELD | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| JOSE DURAN | 2ND VICE PRE Trustee or director, Officer | 1 | $0 |
| MICHAEL MAUS | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended October 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK STEINHART | PRESIDENT Trustee or director, Officer | 1 | $0 |
| VACANT | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MICHAEL MAUS | TREASURER Trustee or director, Officer | 2 | $0 |
| JOSE DURAN | 2ND VICE PRE Trustee or director, Officer | 1 | $0 |
| KRISTIN FRIES | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2126, PALM BEACH, FL 33480-2126
- Principal officer (990 for 2024)
- MICHAEL MAUS, PO BOX 2126, PALM BEACH, FL 33480
- Signed the 990
- MICHAEL MAUS, TREASURER
- Phone
- (561) 659-6909
- Website
- WORTH-AVENUE.COM
- Return prepared by
- SOUTH FLORIDA FINANCIAL ADVISORY NETWORK
Mission
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE WORTH AVENUE, PALM BEACH, FL AND ITS MERCHANTS
Program accomplishments
- THE ORGANIZATION ORGANIZES AND HOSTS EVENTS ON WORTH AVENUE TO PROMOTE THE MERCHANTS; SPECIFICALLY, THE CHRISTMAS PROMENADE, PET PARADE, WALKING TOURS (HISTORICAL),OTHER ASSORTED EVENTS AND RELATED MARKETING SUPPORT, AND SOCIAL MEDIA.Expenses $95,604 · grants $5,000
- THE ORGANIZATION SPONSORS EVENTS BRINGING THE MERCHANTS TOGETHER TO ENCOURAGE AND FOSTER A SPIRIT OF COOPERATIONExpenses $12,615
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 on file |
IRS record
- EIN
- 59-2088930
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $205,641
- Income (IRS master file)
- $194,912
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $194,912 | $158,238 | $205,641 | XML |
| 990 | October 2024 | $175,062 | $154,971 | $168,967 | XML |
| 990 | October 2023 | $150,054 | $150,731 | $148,876 | XML |
| 990 | October 2022 | $144,125 | $152,949 | $149,553 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | 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 59-2088930).
Questions about WORTH AVE ASSOCIATION INC
- What is the EIN of WORTH AVE ASSOCIATION INC?
- The employer identification number (EIN) of WORTH AVE ASSOCIATION INC is 59-2088930.
- Is WORTH AVE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to WORTH AVE ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WORTH AVE ASSOCIATION 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 WORTH AVE ASSOCIATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WORTH AVE ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of WORTH AVE ASSOCIATION INC?
- The 990 for the year ended October 31, 2025 names MICHAEL MAUS.
- Who are the officers and directors of WORTH AVE ASSOCIATION INC?
- The 990 for the year ended October 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WORTH AVE ASSOCIATION INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $194,912, expenses of $158,238 and total assets of $205,641 at year end.
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All nonprofits in PALM BEACH · Florida · Community improvement and capacity building