Nonprofit · EIN 83-2914565
ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC
Tax-exempt · PALM BCH GDNS, FL 33410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $132,695 | $157,519 | -$24,824 | $60,039 | $0 | $60,039 |
| December 31, 2023 | 990 | $148,171 | $134,708 | $13,463 | $102,183 | $17,320 | $84,863 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $132,695
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $14,000
- Salaries, compensation and benefits (total)
- $14,000
- Professional fundraising fees
- $0
- Accounting fees
- $2,123
- Program services (functional)
- $146,794
- Management and general (functional)
- $10,725
Balance sheet and other
- Total assets, start of year
- $102,183
- Total assets, end of year
- $60,039
- Total liabilities, end of year
- $0
- Net assets, end of year
- $60,039
- Net assets without donor restrictions
- $8,689
- Net assets with donor restrictions
- $51,350
- Gross receipts
- $132,695
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2018
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Michele Jacobs | President Officer | 2 | $0 | $328,561 |
| Deana Pizzo | Director Trustee or director | 2 | $0 | $0 |
| Mark Elhilow | Board Chair Officer | 0 | $0 | $0 |
| Michael Kohner | Treasurer Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sergio Mariaca | Director Officer | 3 | $0 |
| Taryn Goldstein | Treasurer Officer | 3 | $0 |
| Michele Jacobs | President Officer | 40 | $0 |
| Deana Pizzo | Director Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 4440 PGA BLVD STE 600, PALM BCH GDNS, FL 33410-6542
- In care of
- % MICHELE JACOBS
- Mailing address (990-N for 2018)
- 4440 PGA Blvd, Palm Beach Gardens FL 33410
- Principal officer (990 for 2024)
- Michele Jacobs, 4440 PGA Blvd 600, Palm Beach Gardens, FL 33410
- Principal officer (990-N for 2018)
- Michele Jacobs, 4440 PGA Blvd STE 600, Palm Beach Gardens FL 33410
- Signed the 990
- Michele Jacobs, President
- Phone
- (561) 684-1551
- Return prepared by
- Holyfield & Thomas LLC
Mission
Our mission is to celebrate and support excellence in education and the teaching profession in Palm Beach County, and to enhance the civic, cultural, social, and economic well-being of its citizens.
Program accomplishments
- Our mission is to celebrate and support excellence in education and the teaching profession throughout Palm Beach County. We seek to enhance the civic, cultural, social welfare, and business environment for the benefit of all citizens in our community.Expenses $146,794
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 | Not 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
- 83-2914565
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $60,039
- Income (IRS master file)
- $132,695
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $132,695 | $157,519 | $60,039 | XML |
| 990 | December 2023 | $148,171 | $134,708 | $102,183 | XML |
| 990 | December 2022 | $119,030 | $132,768 | $75,150 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Michele Jacobs | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 83-2914565).
Questions about ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC
- What is the EIN of ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC?
- The employer identification number (EIN) of ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC is 83-2914565.
- Is ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ECONOMIC COUNCIL OF PALM BEACH COUNTY 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 ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Michele Jacobs.
- Who are the officers and directors of ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $132,695, expenses of $157,519 and total assets of $60,039 at year end.
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