Civic Intelligence

Palm Beach Tech Foundation Inc.

990 • Fiscal year 2019 • EIN 30-0891778

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 01, 2020

Organization ProfileN/A
313 Datura StWest Palm Beach, FL 33401

(561) 512-7306

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.70x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.07x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$55,454

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

98th percentile

353%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

345%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$52,332

Up $40,782 (+353%) from 2018

Net Assets

Up

$15,624

Up $61,280 (+134%) from 2018

Liabilities

Down

$36,708

Down $20,498 (-36%) from 2018

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin67th percentile

Revenue

Up

$514,007

Up $398,438 (+345%) from 2018

Expenses

Up

$452,727

Up $291,502 (+181%) from 2018

Net Income

Up

$61,280

Up $106,936 (+234%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2018: $11,550Liabilities 2018: $57,206Net Assets 2018: -$45,6562018Assets 2019: $52,332Liabilities 2019: $36,708Net Assets 2019: $15,6242019Assets 2020: $755Liabilities 2020: $26,373Net Assets 2020: -$25,6182020

Highlighted filing

2019

Assets$52,332
Liabilities$36,708
Net Assets$15,624
Open 2019 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $115,569Expenses 2018: $161,225Net Income 2018: -$45,6562018Revenue 2019: $514,007Expenses 2019: $452,727Net Income 2019: $61,2802019Revenue 2020: $357,920Expenses 2020: $399,161Net Income 2020: -$41,2412020

Highlighted filing

2019

Revenue$514,007
Expenses$452,727
Net Income$61,280
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 1, 2020
Return Version
2019v5.1
Gross Receipts
$514,007
Mission and Program Overview

Mission

PALM BEACH TECH FOUNDATION INC.will galvanize and grow the technology industry of Palm Beach County, FL to become a landmark technology & innovation hub.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,550$52,332▲ $40,782
Rtn Earn Endowment Incm Other Fnds$-45,656$15,624▲ $61,280
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$11,550$52,332▲ $40,782
Liabilities
Accounts Payable and Accrued Expenses$57,206$36,708▼ $20,498
Total Liabilities$57,206$36,708▼ $20,498
Net Assets / Fund Balance
Total Net Assets Fund Balance$-45,656$15,624▲ $61,280
Total Liabilities and Net Assets / Fund Balance$11,550$52,332▲ $40,782

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$20,103$20,103
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Shana OstrovitzEmployeeFT$55,454$55,454
Joe RussoEmployeePT$3,000$3,000

Board Members and Trustees

NameTitle
Aaron NosbischDirector
Bill SheperdDirector
Brandon CarsonDirector
Chris BrissonDirector
Danni Mitchell ZelayaDirector
January ReissmanDirector
Jeff PerlmanDirector
Jesse FeldmanDirector
Kyle GrothDirector
Phillip JacksonDirector
Sean ScottDirector
Sherryl MurrienteDirector
Nick MohnackyOfficer
Patrick StinusOfficer
Paul VedderOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$468,993
Program Service Revenue
$0
Investment Income
$1,020
Other Revenue
$43,994
All Other Contributions
$160,000
Change in Net Assets
$61,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$330,839
Salaries, Compensation, and Employee Benefits$121,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$172,913$0$0$172,913
Current Officers, Directors, Trustees, and Key Employees$106,311$0$0$106,311
Fees for Services Other$50,106$0$0$50,106
All Other Expenses$46,799$0$0$46,799
Office Expenses$31,468$0$0$31,468
Advertising$13,779$0$0$13,779
Travel$11,196$0$0$11,196
Payroll Taxes$9,169$0$0$9,169
Other Employee Benefits$6,408$0$0$6,408
Insurance$3,939$0$0$3,939
Fees for Services Accounting$425$0$0$425
Conferences and Meetings$214$0$0$214
Total Functional Expenses$452,727$0$0$452,727
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Palm Beach Tech Foundation Inc
EIN
30-0891778
Phone
5615127306
Address
313 DATURA ST, WEST PALM BEACH, FL 33401

Signing Officer

Name
Joseph R Russo
Title
CEO
Phone
5615127306
Signed
2020-04-01

Organization Details

Principal Officer
Joseph R Russo
Formed
2015
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
15
Employees
7
Volunteers
12

Preparer

Firm
Rinehimerbaker LLC
Address
4455 MILITARY TRAIL SUITE 204, JUPITER, FL 33458
Preparer
Neil Rinehimer
Phone
5615294633
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The organization prepares financial statements and forwards them to their outside accountants for preparation of the form 990. The outside accountants prepare form 990 and it is reviewed by the management of the organization for accuracy and completeness before filing.”

Form 990, Part IX, Line 11G

“Contractors 50106. 50106. 0. 0.”

Form 990, Part IX, Line 24E

“Bank Charges & Credit Card Discounts 6385. 6385. 0. 0.”

Form 990, Part IX, Line 24E

“Dues & Subscriptions 10159. 10159. 0. 0.”

Form 990, Part IX, Line 24E

“Meals & Entertainment 7617. 7617. 0. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous Expense 3093. 3093. 0. 0.”

Form 990, Part IX, Line 24E

“Other Personnel Expense 18831. 18831. 0. 0.”

Form 990, Part IX, Line 24E

“Payroll Processing Fees 615. 615. 0. 0.”

Form 990, Part IX, Line 24E

“Postage, Shipping, Delivery 99. 99. 0. 0.”

Raw XML AppendixShowing 400 of 461 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt057206
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036708
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PALM BEACH TECH FOUNDATION INC.will galvanize and grow the technology industry of Palm Beach County, FL to become a landmark technology & innovation hub.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt013779
IRS990/AdvertisingGrp/TotalAmt013779
IRS990/AllOtherContributionsAmt0160000
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt046799
IRS990/AllOtherExpensesGrp/TotalAmt046799
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0PALM BEACH TECH FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum05615127306
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0313 DATURA ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST PALM BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033401
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt011550
IRS990/CashNonInterestBearingGrp/EOYAmt052332
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0106311
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0106311
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0214
IRS990/ConferencesMeetingsGrp/TotalAmt0214
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt02634
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0468993
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01020
IRS990/CYOtherExpensesAmt0330839
IRS990/CYOtherRevenueAmt043994
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt061280
IRS990/CYSalariesCompEmpBnftPaidAmt0121888
IRS990/CYTotalExpensesAmt0452727
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0514007
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Workspace - collaborative workspaces available for emerging entrepreneurs and early stage startups. Memberships start at just $50 a month for use of the community spaces. For 24/7 access to the space and all the perks, including wifi, unlimited printing, phone memberships cost $100/month and a dedicated desk with a mailbox and business address costs $350 a month.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0330995
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0425
IRS990/FeesForServicesAccountingGrp/TotalAmt0425
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt050106
IRS990/FeesForServicesOtherGrp/TotalAmt050106
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL VEDDER
IRS990/Form990PartVIISectionAGrp/PersonNm1Sean Scott
IRS990/Form990PartVIISectionAGrp/PersonNm2Nick Mohnacky
IRS990/Form990PartVIISectionAGrp/PersonNm3Patrick Stinus
IRS990/Form990PartVIISectionAGrp/PersonNm4Brandon Carson
IRS990/Form990PartVIISectionAGrp/PersonNm5Kyle Groth
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeff Perlman
IRS990/Form990PartVIISectionAGrp/PersonNm7Chris Brisson
IRS990/Form990PartVIISectionAGrp/PersonNm8January Reissman
IRS990/Form990PartVIISectionAGrp/PersonNm9Danni Mitchell Zelaya
IRS990/Form990PartVIISectionAGrp/PersonNm10Aaron Nosbisch
IRS990/Form990PartVIISectionAGrp/PersonNm11Jesse Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm12Phillip Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm13Sherryl Murriente
IRS990/Form990PartVIISectionAGrp/PersonNm14Bill Sheperd
IRS990/Form990PartVIISectionAGrp/PersonNm15Joe Russo
IRS990/Form990PartVIISectionAGrp/PersonNm16Shana Ostrovitz
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt153000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1655454
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt02634
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt075000
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0514007
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt03939
IRS990/InsuranceGrp/TotalAmt03939
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01020
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt01020
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020103
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt020103
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0231359
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt043994
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt043994
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0PALM BEACH TECH FOUNDATION INC. will galvanize and grow the technology industry of Palm Beach County, FL to become a landmark technology & innovation hub.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-45656
IRS990/NetAssetsOrFundBalancesEOYAmt015624
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0172913
IRS990/OccupancyGrp/TotalAmt0172913
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt031468
IRS990/OfficeExpensesGrp/TotalAmt031468
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06408
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06408
IRS990/OtherRevenueTotalAmt043994
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09169
IRS990/PayrollTaxesGrp/TotalAmt09169
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSEPH R RUSSO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Accelerator The team put on a music accelerator in Lake Park, a mini-accelerator in Boynton Beach and 6-month general accelerator programs at its Delray Beach and West Palm Beach locations, all of which included a curriculum, expert speakers, mentorship and connections.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0119297
IRS990/ProgSrvcAccomActy2Grp/GrantAmt025000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0132474
IRS990/ProgSrvcAccomActy3Grp/Desc01909 Fest Pitch Competition The 1909 Fest is an interactive festival of innovation that makes pitching business ideas more inclusive and accessible to the public.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02435
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt034010
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0113989
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0161225
IRS990/PYOtherRevenueAmt01580
IRS990/PYRevenuesLessExpensesAmt0-45656
IRS990/PYTotalExpensesAmt0161225
IRS990/PYTotalRevenueAmt0115569
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt061280
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0318083
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-45656
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015624
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0468993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0115239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0584232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0330
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0584562
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0468993
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0115569
IRS990ScheduleA/Total509Grp/TotalAmt0584562
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0584562
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020103
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020103
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PREPARES FINANCIAL STATEMENTS AND FORWARDS THEM TO THEIR OUTSIDE ACCOUNTANTS FOR PREPARATION OF THE FORM 990. THE OUTSIDE ACCOUNTANTS PREPARE FORM 990 AND IT IS REVIEWED BY THE MANAGEMENT OF THE ORGANIZATION FOR ACCURACY AND COMPLETENESS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Contractors 50106. 50106. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Charges & Credit Card Discounts 6385. 6385. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dues & Subscriptions 10159. 10159. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meals & Entertainment 7617. 7617. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Miscellaneous Expense 3093. 3093. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other Personnel Expense 18831. 18831. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll Processing Fees 615. 615. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Postage, Shipping, Delivery 99. 99. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011550
IRS990/TotalAssetsEOYAmt052332
IRS990/TotalAssetsGrp/BOYAmt011550
IRS990/TotalAssetsGrp/EOYAmt052332
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0468993
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0452727
IRS990/TotalFunctionalExpensesGrp/TotalAmt0452727
IRS990/TotalGrossUBIAmt01020
IRS990/TotalLiabilitiesBOYAmt057206
IRS990/TotalLiabilitiesEOYAmt036708
IRS990/TotalLiabilitiesGrp/BOYAmt057206
IRS990/TotalLiabilitiesGrp/EOYAmt036708

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,332
Liabilities
$36,708
Net assets
$15,624
Revenue
$514,007
Expenses
$452,727
Net income
$61,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.26$0.26$3.58$3.99$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.37$0.16$5.14$4.53$0.61
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.57$0.46$1.16$1.61$0.46