WEST PALM BEACH, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PALM BEACH TECH FOUNDATION INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $358K in total revenue in fiscal year 2020. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $399K exceeded revenue, resulting in a 12% operating deficit.
PALM BEACH TECH FOUNDATION INC.will galvanize and grow the technology industry of Palm Beach County, FL to become a landmark technology & innovation hub.
In response to the pandemic we launched a micro-grant program in 2020 to provide meaningful work 1909 Microgrant Program for freelancers and capacity building for local businesses in need. Our 2020...
In response to the pandemic we launched a micro-grant program in 2020 to provide meaningful work 1909 Microgrant Program for freelancers and capacity building for local businesses in need. Our 2020 microgrant program provided over 20 jobs for local freelancers and supported 15 businesses in the Downtown West Palm Beach community who needed help to pivot during the COVID 19 crisis. The program was so successful that the DDA and Knight Foundation provided additional grant funds for 2021 and the CRA added this program to support the businesses in Northwood Village and the Historic Northwest community.
1909 Business Education Programs We offer business courses to help founders turn their ideas into real businesses. Our programs are based on collaborative learning, which is the educational approach...
1909 Business Education Programs We offer business courses to help founders turn their ideas into real businesses. Our programs are based on collaborative learning, which is the educational approach of using groups to enhance learning through working together. This style of learning is proven to help participants develop social skills, learn from peers with different skills, build trust, become more engaged, and build confidence and leadership skills.
Co-Lab Events Hackathon style days where we turn problems into projects...and solve them. Participants in our programs earn access to co-lab events where they get a team of experts to help move their...
Co-Lab Events Hackathon style days where we turn problems into projects...and solve them. Participants in our programs earn access to co-lab events where they get a team of experts to help move their business forward. Teams can include coders, graphic designers, photographers, copywriters, business strategists, etc.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $357,920 | $514,007 | -0.3% |
| Expenses | $399,161 | $452,727 | -0.1% |
| Net Income | $-41,241 | $61,280 | -1.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAUL VEDDER | OFFICER | 4.00 |
Officer
|
$0 | $0 | $0 |
| Sean Scott | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Nick Mohnacky | OFFICER | 4.00 |
Officer
|
$0 | $0 | $0 |
| Patrick Stinus | OFFICER | 4.00 |
Officer
|
$0 | $0 | $0 |
| Brandon Carson | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Kyle Groth | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeff Perlman | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Brisson | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| January Reissman | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Danni Mitchell Zelaya | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Aaron Nosbisch | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Jesse Feldman | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Phillip Jackson | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Sherryl Murriente | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Bill Sheperd | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Joe Russo | EMPLOYEE | 10.00 |
Key Emp
|
$0 | $0 | $0 |
| Shana Ostrovitz | EMPLOYEE | 40.00 |
Key Emp
|
$65,000 | $0 | $65,000 |
| Yahira Rodriguez | EMPLOYEE | 40.00 |
Key Emp
|
$45,000 | $0 | $45,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $357,920 | $399,161 | $755 | $-41,241 |
| 2019 | $514,007 | $452,727 | $52,332 | $61,280 |
Compare PALM BEACH TECH FOUNDATION INC with other nonprofits in Florida and across the country.