Gem and Mineral Society of the Palm Beaches Inc
Nonprofit profile at a glance
- EIN
- 596196330
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- West Palm Beach, FL, USA
- Phone
- 5616341427
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Geology
Reported finances
- Revenue
- $79,424
- Expenses
- $68,771
- Assets
- $58,387
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- GALE LANGFORD (PRESIDENT)
People named in this filing
- GALE LANGFORD (PRESIDENT)
- JEANETTE WRIGHT (TREASURER)
- ARLENE LAZZARO (1ST VICE PRE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Scientific earth science objects of interest
What it reported doing in 2024
The program has increased from 1966. Number of dealers has grown from 10 only from Florida over 65 from all over the country. The annual show was held for quite awhile in the best beach auditorium, "the leaky
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 92%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13.4%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: -3.8% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 92% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $63K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.