Form 990 for tax year 2023
Filed by GREATER BOCA RATON CHAMBER OF COMMERCE EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $247,572
- Total expenses
- $261,906
- Contributions and grants received
- $160,946
- Grants paid
- $121,751
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $86,626
- Total assets, end of year
- $450,438
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $450,438
- Program services expenses (Part IX)
- $135,449
- Management and general expenses
- $126,457
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $135,449
Program services were 51.7% 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.
-
1f · All other contributions, gifts and grants
$160,946
-
8a · Fundraising events: gross income
$122,261
-
8b · Fundraising events: direct expenses
$35,635
-
8c · Net income from fundraising events
total $86,626 · excluded $86,626
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $121,751 · program services $121,751
-
11c · Fees: accounting
total $4,502 · management and general $4,502
-
11g · Fees: other
total $17,000 · management and general $17,000
-
13 · Office expenses
total $300 · management and general $300
-
24a · Other expenses: REIMBURSEMENT TO CHAMBE
total $94,987 · management and general $94,987
-
24b · Other expenses: TEACHER OF THE YEAR PRO
total $9,050 · program services $9,050
-
24c · Other expenses: BANK AND CREDIT CARD CH
total $7,779 · management and general $7,779
-
24d · Other expenses: YEA PROGRAM EXPENSES
total $4,648 · program services $4,648
-
24e · All other expenses
total $1,889 · management and general $1,889
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $162,278 · end of year $147,942
-
2 · Savings and temporary cash investments
beginning of year $216,151 · end of year $302,496
-
27 · Net assets without donor restrictions
beginning of year $201,647 · end of year $288,756
-
28 · Net assets with donor restrictions
beginning of year $176,782 · end of year $161,682
Mission and programs · 2023
Mission
THE MISSION OF THE BOCA RATON CHAMBER OF COMMERCE EDUCATION FOUNDATION (ALSO KNOWN AS GOLDEN BELL EDUCATION FOUNDATION) IS TO SUPPORT BOCA RATON'S PUBLIC SCHOOL SYSTEM BY RAISING AND ADMINISTERING FUNDS FOR EDUCATIONAL PROGRAMS THAT PROMOTE BUSINESS SKILLS FOR GRADE SCHOOL STUDENTS.
Activities or mission (Part I)
TO SUPPORT THE BOCA RATON PUBLIC SCHOOL SYSTEM BY ADMINISTERING FUNDS AND EDUCATIONAL PROGRAMS THAT PROMOTE BUSINESS SKILLS FOR STUDENTS.
-
GRANTS TOTALING $121,751 WERE DONATED TO SCHOOLS AND NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE EDUCATIONAL SCHOLARSHIPS AND PROMOTE THE ARTS.
Expenses $121,751 · Grants $121,751
-
YOUNG ENTREPRENEURS ACADEMY PROGRAM ("YEA PROGRAM") IS A PROGRAM THAT TEACHES MIDDLE AND HIGH SCHOOL STUDENTS ABOUT BUSINESS. THE PROGRAM INCLUDES CLASSES ON DEVELOPING BUSINESS IDEAS, WRITING BUSINESS PLANS, CONDUCTING MARKET RESEARCH, SELLING BUSINESS PLANS TO A PANEL OF INVESTORS, AND ACTUALLY LAUNCHING AND RUNNING A FULLY FORMED INCORPORATED COMPANY.
Expenses $13,698
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bob FrareBOB FRARE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chuck StoutCHUCK STOUT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Elke BojesELKE BOJES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer JagerJENNIFER JAGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lise OrrLISE ORR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle AdamsMICHELLE ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard MurdochRICHARD MURDOCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan SaturdaySUSAN SATURDAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Seth EllisSETH ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Timothy SnowTIMOTHY SNOW
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Troy McLellanTROY MCLELLAN
SECRETARY
- Total calculated
- $452,871
- From this org
- $0
- From related orgs
- $277,871
- Other
- $175,000
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $231,398 related
- Bonus
- $0 + $44,340 related
- Other
- $0 + $2,133 related
- Deferred
- $0 + $175,000 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $452,871 related
-
Diane HeardDIANE HEARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zoe MaloneyZOE MALONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jackie ReevesJACKIE REEVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Damian EnglandDAMIAN ENGLAND
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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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
-
DONOR DESIGNATION FOR GENERAL SUPPORT
-
SUNRISE PARK ELEMENTARY SCHOOL
$0
SCHOLARSHIP GRANT TO INNOVATE EDUCATION PROGRAMS
-
DONOR DESIGNATION FOR GENERAL SUPPORT
-
BLUE LAKE ELEMENTARY SCHOOL
$0
SCHOLARSHIP GRANT TO INNOVATE EDUCATION PROGRAMS
-
DEL PRADO ELEMENTARY SCHOOL
$0
SCHOLARSHIP GRANT TO INNOVATE EDUCATION PROGRAMS
-
VERDE K-8 SCHOOL
$0
SCHOLARSHIP GRANT TO INNOVATE EDUCATION PROGRAMS
-
BOCA RATON ELEMENTARY SCHOOL
$0
SCHOLARSHIP GRANT TO INNOVATE EDUCATION PROGRAMS
-
WHISPERING PINES ELEMENTARY SCHOOLS
$0
SCHOLARSHIP GRANT TO INNOVATE EDUCATION PROGRAMS
-
DONOR DESIGNATION FOR GENERAL SUPPORT
-
DONOR DESIGNATION FOR GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
GREATER BOCA RATON CHAMBER OF COMMERCE
501(C)(6) · CIVIC MINDED · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 April 2026
- IRS schema version
- 2023v6.0
- Source object
- 202611109349300831
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