Form 990 for tax year 2024
Filed by MIAMI BEACH CHAMBER EDUCATION FOUNDATION.
Totals
- Total revenue
- $151,016
- Total expenses
- $221,507
- Contributions and grants received
- $151,016
- Grants paid
- $201,893
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $155,333
- Total liabilities, end of year
- $1,500
- Net assets or fund balances, end of year
- $153,833
- Program services expenses (Part IX)
- $202,068
- Management and general expenses
- $19,439
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $202,068
Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$10,000
-
1e · Government grants (contributions)
$49,493
-
1f · All other contributions, gifts and grants
$91,523
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $198,393 · program services $198,393
-
2 · Grants to domestic individuals
total $3,500 · program services $3,500
-
11a · Fees: management
total $15,000 · management and general $15,000
-
11c · Fees: accounting
total $4,146 · management and general $4,146
-
24a · Other expenses: LICENSES & REGISTRATION
total $298 · program services $175 · management and general $123
-
24b · Other expenses: BANK SERVICE CHARGES
total $170 · management and general $170
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $321,448 · end of year $155,333
-
4 · Accounts receivable
beginning of year $2,293
-
17 · Accounts payable and accrued expenses
beginning of year $99,417 · end of year $1,500
-
27 · Net assets without donor restrictions
beginning of year $167,612 · end of year $111,113
-
28 · Net assets with donor restrictions
beginning of year $56,712 · end of year $42,720
Mission and programs · 2024
Mission
THE PURPOSE OF THE MIAMI BEACH CHAMBER OF COMMERCE'S EDUCATION FOUNDATION IS TO BRING TOGETHER THE STRENGTHS AND RESOURCES OF THE COMMUNITY TO SUPPORT THE NEEDS OF PUBLIC EDUCATION IN MIAMI BEACH. TO STIMULATE GREATER GOVERNMENTAL AND PUBLIC AWARENESS AND APPRECIATION OF THE IMPORTANCE OF PUBLIC EDUCATION IN MIAMI BEACH; TO ENCOURAGE GREATER AND MORE EFFICIENT USE OF GOVERNMENTAL AND PRIVATE RESOURCES FOR THE DEVELOPMENT AND SUPPORT OF PUBLIC EDUCATION IN MIAMI BEACH; TO ENCOURAGE AND SUPPORT PUBLIC EDUCATION IN MIAMI BEACH; TO CREATE AND SUPPORT EDUCATIONAL OPPORTUNITIES FOR RESIDENTS OF MIAMI BEACH.
Activities or mission (Part I)
TO IDENTIFY AND SUPPORT THE NEEDS OF PUBLIC EDUCATION IN MIAMI BEACH AND ITS FEEDER PATTERN SCHOOLS.
-
THE MIAMI BEACH CHAMBER EDUCATION FOUNDATION ALSO SPEARHEADED THE SCHOOL HEALTHCARE INITIATIVE TO PROVIDE ON-SITE HEALTHCARE IN THREE MIAMI BEACH FEEDER PATTERN SCHOOLS. THE THREE SCHOOLS - RUTH K. BROAD K-8 CENTER, NORTH BEACH ELEMENTARY AND TREASURE ISLAND ELEMENTARY - PREVIOUSLY DID NOT HAVE ACCESS TO MEDICAL ATTENTION, BUT THANKS TO THE EFFORTS OF THE FOUNDATION AND THE UNPRECEDENTED COLLABORATION WITH FIVE MUNICIPALITIES AND MORE THAN A DOZEN ORGANIZATIONS, THEY NOW DO. WITH THE FUNDS RAISED, THE INITIATIVE WAS ABLE TO FULLY IMPLEMENT THE HEALTH CONNECT IN OUR SCHOOLS MODEL, CURRENTLY UTILIZED THROUGHOUT MIAMI-DADE COUNTY PUBLIC SCHOOLS BY CHILDREN'S TRUST, IN THE FEEDER PATTERN SCHOOLS. EACH SCHOOL NOW HAS A NURSE, MEDICAL ASSISTANT AND SOCIAL WORKER ON STAFF.
Expenses $160,851 · Grants $160,851
-
CURRENT COMPONENTS PROVIDED BY THE MIAMI BEACH CHAMBER'S EDUCATION FOUNDATION INCLUDE A VARIETY OF DONATIONS FOR SCHOLARSHIP FUNDS SUPPORTED BY EVENTS HOSTED THROUGHOUT THE YEAR AS WELL AS PROGRAMMING TO HELP EDUCATE THE FUTURE LEADERS OF THE COMMUNITY. PROCEEDS HELP FUND PROGRAMMING COSTS FOR THE INTERNATIONAL BACCALAUREATE (IB) PROGRAMS AVAILABLE AT ALL THE PUBLIC SCHOOLS IN THE CITY OF MIAMI BEACH, A UNIQUE SCHOOL SYSTEM IN ITSELF AS THERE IS A FEEDER PATTERN PROGRAM WITH FIVE PUBLIC SCHOOLS ON MIAMI BEACH FEEDING INTO ONE PUBLIC HIGH SCHOOL. THE IB PROGRAM HELPS DEVELOP THE INTELLECTUAL, PERSONAL, EMOTIONAL, AND SOCIAL SKILLS OF STUDENTS FROM AGE 3 TO 19 TO LIVE, LEARN, AND WORK IN A RAPIDLY GLOBALIZING WORLD. IN ADDITION TO THIS PROGRAM, THE EDUCATION FOUNDATION IS ABLE TO PROVIDE SCHOLARSHIPS AT THE END OF EACH SCHOOL YEAR TO GRADUATING SENIORS AT MIAMI BEACH SENIOR HIGH SCHOOL.
Expenses $27,225 · Grants $27,050
-
THE FOUNDATION RECEIVES STATE AND LOCAL FUNDING TO SUPPORT AND PROVIDE KITCHEN EQUIPMENT FOR THE FLORIDA PROSTART KITCHEN PROGRAM AT MIAMI BEACH SENIOR HIGH SCHOOL. PROSTART WAS CREATED TO INTRODUCE AND INTEREST HIGH SCHOOL STUDENTS TO THE GROWING FOOD SERVICE INDUSTRY AND THE SHORTAGE OF FOOD SERVICE EMPLOYEES. PROSTART CURRICULUM PROVIDES STUDENTS WITH THE OPPORTUNITY TO LEARN AND DEVELOP SKILLS FOR A FUTURE CAREER IN THE FOOD SERVICE INDUSTRY. BY PROVIDING KITCHEN EQUIPMENT FOR THIS PROGRAM, THE FOUNDATION IS SUPPORTING THE DEVELOPMENT OF FUTURE FOOD SERVICES INDUSTRY LEADERS WITH REAL-WORLD EXPERIENCE IN THE CLASSROOM.
Expenses $13,992 · Grants $13,992
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Richard SegalRICHARD SEGAL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Alfredo J GonzalezALFREDO J GONZALEZ
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Linsey LovellLINSEY LOVELL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Robin Jacobs ExbogROBIN JACOBS EXBOG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Brittnie R BassantBRITTNIE R BASSANT
PRESIDENT/CEO
- Total calculated
- $210,693
- From this org
- $0
- From related orgs
- $210,221
- Other
- $472
- Hours/week
- 0.1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $210,221 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $472 related
- Filer's total
- $0 + $210,693 related
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
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
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
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
-
$87,529
HEALTHCARE
-
CITY OF MIAMI BEACH
$57,071
SCHOLARSHIPS
-
FIRST GENERATION SCHOLARSHIPS
-
$19,251
HEALTHCARE
-
KITCHEN EQUIPMENT
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.
-
MIAMI BEACH CHAMBER OF COMMERCE
501(C)(6) · COMMERCE · FL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632299349301828
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