Overview
What is Palm Beach County Fishing Foundation Inc?
Palm Beach County Fishing Foundation Inc is a nonprofit organization situated in West Palm Beach, Florida. Their primary mission is to champion marine conservation education and historic preservation among the youth, aiming to create a lasting, positive impact on both the future generations and the marine resources and history in and around Palm Beach County. To achieve this objective, they organize events such as the annual Kids Fishing Day, where they take underprivileged children fishing to educate them about marine environment conservation and protection. Additionally, the foundation offers saltwater angling lessons and techniques for youth, helping them develop a connection with their local marine environment.
Official website here: www.westpalmbeachfishingclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Palm Beach County Fishing Foundation Inc has received a mixed evaluation from Charity Navigator, earning a two-star rating. This score indicates that while the organization demonstrates solid financial accountability and transparency in some areas, there are critical gaps that have impacted its overall rating. Specifically, the foundation has a good program expense ratio of 79.14%, indicating that a significant portion of its expenditures goes directly towards its programs.
The organization benefits from a highly independent board, with 95% of its members meeting the independence criteria. Additionally, it has no reported material diversion of assets, and key policies such as conflict of interest are in place. However, the absence of a whistleblower policy and a document retention and destruction policy, along with not posting its tax form on its website, are noted deficiencies that could hinder its accountability and transparency efforts.
Overall, while the Palm Beach County Fishing Foundation Inc shows strengths in program spending and board independence, the lack of certain governance policies may raise concerns for potential donors looking for comprehensive accountability. Addressing these gaps could improve its standing and provide greater confidence to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Beach County Fishing Foundation Inc legitimate?
Palm Beach County Fishing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Beach County Fishing Foundation 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: $45,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,884
For more financial information, click here
Official website here: www.westpalmbeachfishingclub.org
What is the mission statement of Palm Beach County Fishing Foundation Inc?
The Palm Beach County Fishing Foundation Inc's mission is centered around promoting marine conservation education and historic preservation. Their objective is to create a lasting beneficial impact on both the youth and marine resources and history in the surrounding areas. Through their activities, they aim to educate underprivileged children about marine environment conservation and protection for future generations. Additionally, they offer saltwater angling lessons and techniques for youth, fostering a connection with marine resources and encouraging environmental stewardship.
Official website here: www.westpalmbeachfishingclub.org
What is the revenue of Palm Beach County Fishing Foundation Inc?
Palm Beach County Fishing Foundation Inc's revenue in 2024 was $618,250.
Official website here: www.westpalmbeachfishingclub.org
Who are the executives of Palm Beach County Fishing Foundation Inc and what are their salaries?
There 350 volunteers at Palm Beach County Fishing Foundation Inc.
Here are 19 key members and their salaries:
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Official website here: www.westpalmbeachfishingclub.org
Where can I find the form 990 for Palm Beach County Fishing Foundation Inc?
Palm Beach County Fishing Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.westpalmbeachfishingclub.org
Learn more at the official website: www.westpalmbeachfishingclub.org
Mission Statement of Palm Beach County Fishing Foundation Inc
The Palm Beach County Fishing Foundation Inc is committed to promoting marine conservation education and historic preservation with a lasting beneficial impact on the youth and marine resources in the surrounding area. Their mission is to educate underprivileged children about the importance of marine environment conservation and protection, ensuring a sustainable future for marine resources. In addition, the foundation focuses on historical preservation, aiming to instill a sense of appreciation and respect for the past in the younger generation. Through initiatives like the Kids Fishing Day and Saltwater Angling Lessons and Techniques for Youth, the Palm Beach County Fishing Foundation Inc seeks to engage and inspire young people, fostering a sense of stewardship towards marine resources and history.
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Impact
July, 2024
Palm Beach County Fishing Foundation Inc's impact is evident in the way it promotes marine conservation education and historic preservation to benefit the youth and marine resources in and around Palm Beach County. Through initiatives like Kids Fishing Day, the organization takes underprivileged children fishing to educate them on marine environment conservation and protection, ensuring a sustainable future. Additionally, programs like Salty offer saltwater angling lessons and techniques for youth, further contributing to the preservation of marine resources. Located in West Palm Beach, Florida, the foundation's mission is to have a lasting beneficial impact on the youth and marine environment in the region.
This information is meant to be a general summary of Palm Beach County Fishing Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $83,415
- Program Service Revenue: $343,818
- Gross Receipts: $618,250
Assets and Liabilities:
- Total Assets: $2,144,018
- Total Liabilities: $0
- Net Assets: $2,144,018
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REEF AND HABITAT PROGRAMS
Revenue
$125,500
SEMINARS & MARINE FLEA MARKET
Revenue
$110,471
KIDS DAY AND SALTY
Revenue
$107,847
Organization Details
Founding Year
1990
Principal Officer
Thomas L Twyford Jr
NTEE Category
Code: N61Z - Recreation
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