Nonprofit · EIN 59-3032441
PALMS FOUNDATION OF SEBRING INC
Tax-exempt · SEBRING, FL 33871
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $60,466 | $65,576 | -$5,110 | $1,822,136 | $0 | $1,822,136 |
| December 31, 2024 | 990 | $45,646 | $49,673 | -$4,027 | $1,719,604 | $0 | $1,719,604 |
| December 31, 2023 | 990 | $38,312 | $60,575 | -$22,263 | $1,620,157 | $0 | $1,620,157 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $900
- Membership dues
- $900
- Program service revenue
- $0
- Investment income
- $53,289
- Net income from fundraising events
- $6,277
- Other revenue
- $6,277
Expenses
- Grants and similar amounts paid
- $50,933
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $950
- Occupancy
- $1,498
- Program services (functional)
- $52,142
- Management and general (functional)
- $13,434
Balance sheet and other
- Total assets, start of year
- $1,719,604
- Total assets, end of year
- $1,822,136
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,822,136
- Publicly traded securities
- $1,820,625
- Net assets without donor restrictions
- $1,822,136
- Gross receipts
- $61,614
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1990
- 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 |
|---|---|---|---|
| PAUL STAIK | PRESIDENT Trustee or director, Officer | 1 | $0 |
| APRIL D COOPER | TREASURER Trustee or director, Officer | 1 | $0 |
| MARY MARGARET STAIK | SECRETARY Trustee or director, Officer | 1 | $0 |
| JERRY WHIDDEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BARBARA KESSELRING | ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 |
| JULIA MERCER | DIRECTOR Trustee or director | 0.5 | $0 |
| AMY OHERN | DIRECTOR Trustee or director | 0.5 | $0 |
| ASHLEY STEFFNER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY AMUNDSEN | DIRECTOR Trustee or director | 0.5 | $0 |
| APRIL COOPER | TREASURER Trustee or director, Officer | 1 | $0 |
| BARBARA KESSELRING | ASSISTANT SE Trustee or director, Officer | 1 | $0 |
| JULIA MERCER | DIRECTOR Trustee or director | 0.5 | $0 |
| AMY O'HERN | DIRECTOR Trustee or director | 0.5 | $0 |
| MARY MARGARET STAIK | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL STAIK | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| JERRY WHIDDEN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| TOM WOOD | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY AMUNDSEN | DIRECTOR Trustee or director | 0.5 | $0 |
| APRIL COOPER | TREASURER Trustee or director, Officer | 1 | $0 |
| INGRA GARDENER | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARBARA KESSELRING | ASSISTANT SE Trustee or director, Officer | 1 | $0 |
| JULIA MERCER | DIRECTOR Trustee or director | 0.5 | $0 |
| PAUL STAIK | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| JERRY WHIDDEN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| TOM WOOD | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1148, SEBRING, FL 33871-1148
- In care of
- % APRIL D COOPER
- Principal officer (990 for 2025)
- PAUL STAIK, 33103 GRAND PRIX DR, SEBRING, FL 33872
- Signed the 990
- APRIL D COOPER, TREASURER
- Phone
- (863) 873-3830
- Website
- WWW.THEPALMSFOUNDATION.COM
- Return prepared by
- HEARTLAND TAX AND ACCOUNTING LLC
Mission
TO PROVIDE SUPPORT FOR THE BENEFIT OF BOTH INDIVIDUALS AND GROUPS AGE 60 OR OLDER FOR THE PURPOSE OF LIFE ENHANCEMENT
Program accomplishments
- ENHANCE THE LIVES OF GROUPS AND INDIVIDUAL PEOPLE AGE 60 AND OLDER IN THE LOCAL COMMUNITYExpenses $52,142
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-3032441
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22I)
- Assets (IRS master file)
- $1,822,136
- Income (IRS master file)
- $61,614
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $60,466 | $65,576 | $1,822,136 | XML |
| 990 | December 2024 | $45,646 | $49,673 | $1,719,604 | XML |
| 990 | December 2023 | $38,312 | $60,575 | $1,620,157 | XML |
| 990 | December 2022 | $33,421 | $26,586 | $1,483,243 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 59-3032441).
Questions about PALMS FOUNDATION OF SEBRING INC
- What is the EIN of PALMS FOUNDATION OF SEBRING INC?
- The employer identification number (EIN) of PALMS FOUNDATION OF SEBRING INC is 59-3032441.
- Is PALMS FOUNDATION OF SEBRING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to PALMS FOUNDATION OF SEBRING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALMS FOUNDATION OF SEBRING 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 PALMS FOUNDATION OF SEBRING 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 PALMS FOUNDATION OF SEBRING 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 PALMS FOUNDATION OF SEBRING INC?
- The 990 for the year ended December 31, 2025 names PAUL STAIK.
- Who are the officers and directors of PALMS FOUNDATION OF SEBRING INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PALMS FOUNDATION OF SEBRING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $60,466, expenses of $65,576 and total assets of $1,822,136 at year end.
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