Palm Beach County Sports Commission Inc in West Palm Beach, Florida (FL)

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Palm Beach County Sports Commission Inc
Employer Identification Number (EIN)650263296
Name of OrganizationPalm Beach County Sports Commission Inc
Address1555 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401-2323
ActivitiesGifts, grants, or loans to other organizations
SubsectionSocial Welfare Organization
Ruling Date11/1992
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2011
Assets$100,000 to $499,999
Income$500,000 to $999,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$179,795
Amount of Income$842,670
Form 990 Revenue Amount$739,775


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$739,775
Contributions, Gifts, Grants and Other Similar Amounts$43,000
Program Service Revenue$683,372
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-16,955
Gross income from fundraising events$85,940
Less: direct expenses$102,895
Net income from gaming activities$13,200
Gross income from gaming activities$13,200
Less: direct expenses$0
Net income from sales of inventory$0
Miscellaneous Revenue$17,158
Statement of Functional Expenses (for 2011)
Total functional expenses$693,424
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$394,053
Payroll taxes$0
Professional fundraising services$0
Other$299,371
Balance Sheet (for 2011)
Total assets$179,795
Total liabilities$22,448
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$22,448
Total net assets or fund balances$157,347
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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