BOMA FT LAUDERDALE PALM BEACHES INC

EIN: 592236296

BOCA RATON, FL

Total Revenue
$504,943
Total Expenses
$437,593
Total Assets
$383,706
Net Assets
$380,222
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
FL
Principal Officer
MELANIE BAREST
Phone
5613956664
Tax Period
2025-01-01 to 2025-12-31

BOMA FT LAUDERDALE PALM BEACHES INC, founded in 1982, is a small nonprofit that reported $505K in total revenue in fiscal year 2025. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $438K left a modest 13% surplus.

Mission

EDUCATION OF PROPERTY MANAGERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $357,864
Investment Income $11,025
Other Revenue $136,054
TOTAL REVENUE $504,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $437,593
TOTAL EXPENSES $437,593

Year-over-Year Comparison

2025 2024 Change
Revenue $504,943 $333,494 +0.5%
Expenses $437,593 $384,105 +0.1%
Net Income $67,350 $-50,611 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
305

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
6
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE PALMER-NICHOLSON PRESIDENT 1.00
Officer Director
$0 $0 $0
TRICIA SCHMIDT VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ALINA VILLAR SECRETARY/TR 1.00
Officer Director
$0 $0 $0
KAREN TERRY ASSOC. LIAIS 1.00
Officer Director
$0 $0 $0
KEVIN AULT IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
CARY FRONSTIN DIRECTOR 1.00
Director
$0 $0 $0
MARTY BUSEKRUS DIRECTOR 1.00
Director
$0 $0 $0
ROB FARINA DIRECTOR 1.00
Director
$0 $0 $0
STUART PECHNER DIRECTOR 1.00
Director
$0 $0 $0
MICHELE PELLICO DIRECTOR 1.00
Director
$0 $0 $0
MEGAN PURDUE DIRECTOR 1.00
Director
$0 $0 $0
ANDRES SOSA DIRECTOR 1.00
Director
$0 $0 $0
JEANETTE ALSTON DIRECTOR 1.00
Director
$0 $0 $0
MELANIE BAREST EXECUTIVE DI 40.00
Officer
$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 $504,943 $437,593 $383,706 $67,350
2024 $333,494 $384,105 $323,541 $-50,611
2023 $293,772 $365,958 $368,432 $-72,186
2022 $336,668 $330,261 $437,960 $6,407
2021 $243,132 $291,954 $438,304 $-48,822
2020 $263,583 $285,409 $485,291 $-21,826
2019 $388,564 $366,388 $507,052 $22,176
2018 $548,128 $441,420 $486,402 $106,708
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BOMA FT LAUDERDALE PALM BEACHES INC with other nonprofits in Florida and across the country.