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Nonprofiteer
← THE PALM BEACH STATE COLLEGE FDN INC

Form 990 for tax year 2022

Filed by THE PALM BEACH STATE COLLEGE FDN INC.

Totals

Total revenue
$6,305,304
Total expenses
$4,338,465
Contributions and grants received
$4,303,027
Grants paid
$2,343,487
Program service revenue
$0
Investment income
$1,897,745
Other revenue
$104,532
Total assets, end of year
$55,191,409
Total liabilities, end of year
$1,961,797
Net assets or fund balances, end of year
$53,229,612
Program services expenses (Part IX)
$3,329,825
Management and general expenses
$937,357
Fundraising expenses
$71,283
Program service expenses (Part III)
$3,329,825

Program services were 76.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • AVA L PARKER

    PRESIDENT

    Total calculated
    $731,719
    From this org
    $0
    From related orgs
    $457,913
    Other
    $273,806
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    not reported + $349,990 related
    Bonus
    not reported + $12,923 related
    Other
    not reported + $95,000 related
    Deferred
    not reported + $244,369 related
    Nontaxable benefits
    not reported + $29,437 related
    Filer's total
    not reported + $731,719 related

  • DAVID RUTHERFORD

    CEO

    Total calculated
    $286,987
    From this org
    $0
    From related orgs
    $189,903
    Other
    $97,084
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    not reported + $189,903 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $76,440 related
    Nontaxable benefits
    not reported + $20,644 related
    Filer's total
    not reported + $286,987 related

  • DEBBIE BERES

    FACULTY REP

    Total calculated
    $91,417
    From this org
    $0
    From related orgs
    $73,962
    Other
    $17,455
    Hours/week
    1

  • PATRICE BISHOP

    DBOT REP

    Total calculated
    $0
    Hours/week
    1

  • YVONNE BOICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VICKI CHOURIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HERMINE DREZNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GEORGE ELMORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRENT FYKES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PIA GIANNONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NOEL GUILLAMA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH HAMMA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LANCE IVEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM C GREENMAN JR

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JULIE KIME

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT W KOO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TRISH LOWRY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MELISSA FRIEDMAN-LEVINE MD

    DBOT REPRESE

    Total calculated
    $0
    Hours/week
    1

  • ELLICE MARTINEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICKY WADE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • WHITNEY CUNNINGHAM WALKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART III
PALM BEACH STATE COLLEGE FOUNDATION, INC. RELIED ON THE RELATED ORGANIZATION'S, PALM BEACH STATE COLLEGE, METHODS TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
30 August 2023
IRS schema version
2022v5.0
Source object
202342499349300224

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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