Skip to content
Nonprofiteer
← ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC

Form 990 for tax year 2024

Filed by ECONOMIC COUNCIL OF PALM BEACH COUNTY FOUNDATION INC.

Totals

Total revenue
$132,695
Total expenses
$157,519
Contributions and grants received
$132,695
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$60,039
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$60,039
Program services expenses (Part IX)
$146,794
Management and general expenses
$10,725
Fundraising expenses
$0
Program service expenses (Part III)
$146,794

Program services were 93.2% 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.

  • 1c · Fundraising events

    $10,320

  • 1f · All other contributions, gifts and grants

    $122,375

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $10,320

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $14,000 · program services $7,000 · management and general $7,000

  • 11c · Fees: accounting

    total $2,123 · program services $1,062 · management and general $1,061

  • 13 · Office expenses

    total $2,450 · program services $1,225 · management and general $1,225

  • 24a · Other expenses: Dwyer Awards Support

    total $137,507 · program services $137,507

  • 24b · Other expenses: Bank Charges & Fees

    total $1,369 · management and general $1,369

  • 24c · Other expenses: Taxes & Licenses

    total $70 · management and general $70

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $113,683 · end of year $59,989

  • 15 · Other assets

    beginning of year -$11,500 · end of year $50

  • 25 · Other liabilities

    beginning of year $17,320 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $8,689 · end of year $8,689

  • 28 · Net assets with donor restrictions

    beginning of year $76,174 · end of year $51,350

Mission and programs · 2024

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.

Activities or mission (Part I)

Our mission is to celebrate and support excellence in education and the (continued on Schedule O) teaching profession in Palm Beach County, and to enhance the civic, cultural, social, and economic well-being of its citizens.

  • 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

As filed on the 2024 return.

Listed in Part VII

  • Deana Pizzo

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Michele Jacobs

    President

    Total calculated
    $328,561
    From this org
    $0
    From related orgs
    $328,561
    Other
    $0
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $288,561 related
    Bonus
    $0 + $40,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $328,561 related

  • Mark Elhilow

    Board Chair

    Total calculated
    $0
    Hours/week
    0 + 4 related

  • Michael Kohner

    Treasurer

    Total calculated
    $0
    Hours/week
    2 + 2 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

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

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
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202503219349322665

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

The source document this was parsed from is served over the API, which is where bulk and document access live.