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The Palms Foundation Of Sebring Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593032441 ✦ Sebring, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Palms Foundation Of Sebring Inc?

The Palms Foundation of Sebring Inc. is a nonprofit organization situated in Sebring, Florida. Their primary mission is to improve the lives of individuals and groups aged 60 or older within their local community. To achieve this goal, they provide essential support, aiming to enhance the overall quality of life for these senior citizens. The foundation's activities encompass various initiatives, all aimed at benefiting individuals and groups in their golden years.


Official website here: www.thepalmsfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star rating.

The Palms Foundation Of Sebring Inc has achieved a commendable rating of 88%, reflecting a strong performance in accountability and finance. The rating indicates that the organization is well-managed, with a perfect score in several key areas, including an entirely independent board and no material diversion of assets. The foundation also performs well in documenting board meeting minutes and maintaining policies related to document retention and conflict of interest.

However, the organization does have some limitations. The most significant issue is the absence of a whistleblower policy, which has led to a score of zero in that category. While this oversight does not significantly detract from the overall accountability score, it highlights an area for potential improvement. Additionally, the program expense ratio indicates that approximately 68.55% of its expenses are directed toward its programs, which is a positive sign of effective resource allocation. Overall, The Palms Foundation Of Sebring Inc demonstrates a solid commitment to transparency and responsible governance.


This AI summary has been generated from information found on Charity Navigator.

Is The Palms Foundation Of Sebring Inc legitimate?

The Palms Foundation Of Sebring Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Palms Foundation Of Sebring Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thepalmsfoundation.com

What is the mission statement of The Palms Foundation Of Sebring Inc?

The Palms Foundation of Sebring Inc. is committed to enhancing the lives of individuals and groups aged 60 and above in their community. Their primary mission is to provide support for the benefit of this age group, aiming to improve their overall well-being. The foundation's activities are centered around life enhancement, working towards improving the quality of life for senior citizens. They strive to achieve this goal by offering various resources and services that cater to their specific needs.


Official website here: www.thepalmsfoundation.com

Who is the CEO of The Palms Foundation Of Sebring Inc?

Paul Staik is the Chairperson of The Palms Foundation Of Sebring Inc.


Official website here: www.thepalmsfoundation.com

What is the revenue of The Palms Foundation Of Sebring Inc?

The Palms Foundation Of Sebring Inc's revenue in 2022 was $33,421.


Official website here: www.thepalmsfoundation.com

Who are the executives of The Palms Foundation Of Sebring Inc and what are their salaries?

There 8 volunteers at The Palms Foundation Of Sebring Inc.


Here are 8 key members and their salaries:


Kathleen Cappo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Cooper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Devlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Keiber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Kesselring (Assistant Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Staik (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Whidden (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepalmsfoundation.com

Where can I find the form 990 for The Palms Foundation Of Sebring Inc?

The Palms Foundation Of Sebring Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepalmsfoundation.com

Learn more at the official website: www.thepalmsfoundation.com

Mission Statement of The Palms Foundation Of Sebring Inc

The Palms Foundation of Sebring, a nonprofit organization, is dedicated to improving the lives of individuals and groups aged 60 or older in its community. Its mission is centered around enhancing the quality of life for these senior citizens by providing them with essential support. The foundation's activities are geared towards uplifting the spirits and well-being of the elderly population, aiming to contribute positively to their daily lives.

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Impact




August, 2024

The Palms Foundation Of Sebring Inc has a significant impact on the lives of individuals and groups aged 60 and older in Sebring, Florida. By providing support and resources for the purpose of life enhancement, this organization plays a crucial role in improving the well-being and quality of life for seniors in the local community. The foundation's focus on housing as a key tag further emphasizes its dedication to ensuring that older individuals have access to safe and comfortable living environments. Through its mission-driven initiatives, The Palms Foundation Of Sebring Inc positively impacts the lives of seniors by promoting independence, social engagement, and overall wellness.




This information is meant to be a general summary of The Palms Foundation Of Sebring Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$33,421 (2022)
Expenses
$26,586 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,311
  • Gross Receipts: $33,421

Assets and Liabilities:

  • Total Assets: $1,483,243
  • Total Liabilities: $0
  • Net Assets: $1,483,243

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Organization Details

Founding Year

1990

Principal Officer

Paul Staik

Main Address

PO BOX 1148, SEBRING, FL, 33871

NTEE Category

Code: L22I - Housing

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