Palm Beach Posse Inc

Nonprofit profile at a glance

EIN
921324763
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Royal Palm Beach, FL, USA
Phone
5619512021
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal-Related N.E.C.

Official website

Reported finances

Revenue
$193,026
Expenses
$179,051
Assets
$13,975
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JANICE WAGNER (INTERIM PRESIDENT)

People named in this filing

  • JANICE WAGNER (INTERIM PRESIDENT)
  • DARCY GORDON (TREASURER)
  • LORI RICHARDS (SECRETARY)

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

To provide and promote the appreciation of all breeds and disciplines of horse showing activities for the public and local community.

What it reported doing in 2024

Palm beach posse produced open breed shows held on september 7-8, october 5-6, november 2-3, december 7-8, february 1-2, march 1-2, april 5-6 and may 3-4 as well as barrel shows held on september 16, november 9, december 14, february 8, march 8, april 12 and may 10 during our 2024-2025 season. These shows were all held at jim brandon equestrian center and provided activities for over 150 judged classes of both horse and rider awards. These activities involved over 200 local participants and close to 300 public spectators. The event succeeded in promoting awareness and involvment of our local equestrian community.the event served to educate the public about the different classes and types of horse showing not often available to be seen and enjoyed. This event offers the opportunity for youth and new riders to participate in one of the oldest all breed shows in Florida.

Operating model

Revenue model
Earned-program. 68% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 83% 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. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.8%; rating input score 93
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.2%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 0.9% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: -47.5% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 92.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $179K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • Moderate — Transparency & Controls: Part I net assets reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.