Forum Club of the Palm Beaches Inc

EIN: 591701100 501(c)(3)

North Palm Beach, FL

Total Revenue
$760,539
Total Expenses
$719,201
Total Assets
$555,371
Net Assets
$546,561
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
FL
Principal Officer
William Shepherd
Phone
5618819977
Tax Period
2024-07-01 to 2025-06-30

Forum Club of the Palm Beaches Inc, founded in 1976, is a small nonprofit that reported $761K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $719K left a modest 5% surplus.

Mission

Stimulate thought. Promote dialogue. The Forum Club of the Palm Beaches educates and informs the community's business, political and social interests and promotes a more active, engaged citizenry by inviting students and the public-at-large to participate in events featuring national leaders whose words and actions affect the world in which we live.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $399,973
Program Service Revenue $340,949
Investment Income $19,617
Other Revenue $0
TOTAL REVENUE $760,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $235,787
Fundraising Expenses $0
Program Expenses $602,100
Other Expenses $483,414
TOTAL EXPENSES $719,201

Year-over-Year Comparison

2024 2023 Change
Revenue $760,539 $675,365 +0.1%
Expenses $719,201 $661,654 +0.1%
Net Income $41,338 $13,711 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
6
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$139,385
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Criser Elwell CEO 40.00
Officer
$133,780 $5,605 $139,385
Caroline Villanueva Immediate Past President 1.00
Director
$0 $0 $0
Kalinthia Dillard President 1.00
Officer Director
$0 $0 $0
Harvey E Oyer III President-Elect 1.00
Officer Director
$0 $0 $0
Patrick Franklin Vice President 1.00
Officer Director
$0 $0 $0
William Shepherd Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Margaret Betten Director 1.00
Director
$0 $0 $0
John Castronuovo Director 1.00
Director
$0 $0 $0
Maria Antuna Director 1.00
Director
$0 $0 $0
Aimee Craig Carlson Director 1.00
Director
$0 $0 $0
John Howe Director 1.00
Director
$0 $0 $0
Christina Lambert Director 1.00
Director
$0 $0 $0
Patrick McNamara Director 1.00
Director
$0 $0 $0
Kathryn Rossmell Director 1.00
Director
$0 $0 $0
Ken Kennerly Director 1.00
Director
$0 $0 $0
Barbara Suflas Noble Director 1.00
Director
$0 $0 $0
Alexandra Chase Director 1.00
Director
$0 $0 $0
Aquannette Thomas Director 1.00
Director
$0 $0 $0
Juan Cocuy Director 1.00
Director
$0 $0 $0
Phillip Hutchinson Director 1.00
Director
$0 $0 $0
Alyssa Freeman Director 1.00
Director
$0 $0 $0
Ilan Kaufer Director 1.00
Director
$0 $0 $0
Gary Lesser Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $760,539 $719,201 $555,371 $41,338
2024 No data No data No data No data
2023 $640,833 $670,538 $509,266 $-29,705
2022 $675,124 $523,964 $521,937 $151,160
2021 $327,635 $290,617 $642,073 $37,018
2020 $514,164 $475,131 $606,189 $39,033
2019 $564,885 $499,770 $546,868 $65,115
2018 $603,021 $494,347 $488,751 $108,674
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