everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Palms Foundation Of Sebring Inc

Sebring, FL / EIN 59-3032441 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201141,50830,97910,529339.30%
201267,91159,9567,955194.00%
201329,32938,531−9,202339.70%
201455,09741,39413,703338.40%
201545,12547,955−2,830277.20%
201658,85442,18716,667328.30%
201753,26052,269991294.90%
201852,93443,9189,016325.50%
201957,56134,53823,023498.80%
202051,50857,927−6,419332.90%
202129,29639,133−9,837548.20%
202233,42126,5866,835669.50%
202338,31260,575−22,263321.00%

In its most recent public year (2023), this organization spent $22,263 more than it brought in. Its reserves stood at about 321 months of spending, down from 339.3 in 2011. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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