HOBE SOUND COMMUNITY CHEST INC

EIN: 596155092 501(c)(3) Philanthropy & Grantmaking

HOBE SOUND, FL

Total Revenue
$2,882,784
Total Expenses
$3,386,249
Total Assets
$2,609,205
Net Assets
$2,453,712
🔒

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
1949
Legal Domicile
FL
Principal Officer
SCOTT R BERRY
Phone
7725459072
Tax Period
2024-07-01 to 2025-06-30

HOBE SOUND COMMUNITY CHEST INC, founded in 1949, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.9M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $3.4M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF THE HOBE SOUND COMMUNITY CHEST, INC. IS TO PROMOTE THE SOCIAL AND EDUCATIONAL WELLBEING OF THE ENTIRE COMMUNITY BY FUNDING PROGRAMS AND INIATIVES SERVING HOBE SOUND RESIDENTS IN NEED

Program Service Accomplishments

Program 1
Expenses: $3,035,777

THE HOBE SOUND COMMUNITY CHEST ISSUES GRANTS TO OTHER NON-PROFITORGANIZATIONS WHO, THROUGH THEIR SERVICES, ENHANCE THE QUALITYOF LIFE FOR RESIDENTS OF HOBE SOUND. THE SCOPE OF THESE SERVICES MAY BE...

Read more

THE HOBE SOUND COMMUNITY CHEST ISSUES GRANTS TO OTHER NON-PROFITORGANIZATIONS WHO, THROUGH THEIR SERVICES, ENHANCE THE QUALITYOF LIFE FOR RESIDENTS OF HOBE SOUND. THE SCOPE OF THESE SERVICES MAY BE BASED IN CHILD CARE, EDUCATION, YOUTH RECREATION, FOOD AND SHELTER, OR OTHER AREAS WHICH WILL HAVE A DIRECT IMPACTFOR THE GREATER GOOD OF THE COMMUNITY. THE ORGANIZATIONSUPPORTED FORTY SIX SERVICE ORGANIZATIONS IN THE CURRENT FISCAL YEAR.HOBE SOUND STRONG START IS AN INITIATIVE ATTEMPTING TO INCREASE THE NUMBER OF HOBE SOUND CHILDREN READY TO LEARN WHEN THEY ENTER KINDERGARDEN. THE CHEST IS PROVIDING SCHOLARSHIPS FOR PRESCHOOL TO CHILDREN FROM FAMILIES THAT CANNOT AFFORD IT, BRINGING ARTS AND MUSIC PROGRAMS TO PRESCHOOLS, AND HELPING PRESCHOOLS BUILD MORE SPACE TO SERVE CHILDREN. THE GOAL IS FOR EVERY HOBE SOUND PRESCHOOLER TO HAVE A PLACE TO LEARN AND THE MEANS TO ATTEND.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,801,923
Program Service Revenue $0
Investment Income $80,861
Other Revenue $0
TOTAL REVENUE $2,882,784

Expense Breakdown

Grants Paid $2,699,003
Salaries & Benefits $427,337
Fundraising Expenses $148,981
Program Expenses $3,035,777
Other Expenses $259,909
TOTAL EXPENSES $3,386,249

Year-over-Year Comparison

2024 2023 Change
Revenue $2,882,784 $3,350,209 -0.1%
Expenses $3,386,249 $3,434,301 0.0%
Net Income $-503,465 $-84,092 +5.0%
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
48
Independent Members
48
Employees
3
Volunteers
46

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
8
$190,272
Total Directors
48
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM BALLING DIRECTOR 2.00
Director
$0 $0 $0
FRANK M BELL JR DIRECTOR 2.00
Director
$0 $0 $0
STUART BELL TREASURER 5.00
Officer Director
$0 $0 $0
LIZ BERENS DIRECTOR 2.00
Director
$0 $0 $0
LAURA BLATCHFORD DIRECTOR 2.00
Director
$0 $0 $0
BENTON P BOHANNON JR PRESIDENT 5.00
Officer Director
$0 $0 $0
LIA REED BOHANNON DIRECTOR 2.00
Director
$0 $0 $0
NINA J BOTSFORD DIRECTOR 2.00
Director
$0 $0 $0
CISSY BUNN DIRECTOR 2.00
Director
$0 $0 $0
BARBARA BYRNE DIRECTOR 2.00
Director
$0 $0 $0
RUTH COLKET DIRECTOR 2.00
Director
$0 $0 $0
ANN D COUSINS DIRECTOR 2.00
Director
$0 $0 $0
NEIL DEVLIN DIRECTOR 2.00
Director
$0 $0 $0
MELISSA DONALDSON DIRECTOR 2.00
Director
$0 $0 $0
CINDY K DWYER DIRECTOR 2.00
Director
$0 $0 $0
MARY C FAHRENBACH DIRECTOR 2.00
Director
$0 $0 $0
BARBARA FLEMING DIRECTOR 2.00
Director
$0 $0 $0
CARTER FRANKE DIRECTOR 2.00
Director
$0 $0 $0
JOYCE BULLEN GAY VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
TRUMAN M HOBBS JR DIRECTOR 2.00
Director
$0 $0 $0
SUSAN P LESTER DIRECTOR 2.00
Director
$0 $0 $0
ROBERT C MCCORMACK VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
WALTER MCCORMACK DIRECTOR 2.00
Director
$0 $0 $0
MIMI MITCHELL DIRECTOR 2.00
Director
$0 $0 $0
PATRICIA M O'KANE DIRECTOR 2.00
Director
$0 $0 $0
EDWARD D PARDOE III DIRECTOR 2.00
Director
$0 $0 $0
CONSUELO PIERREPONT DIRECTOR 2.00
Director
$0 $0 $0
KATHY PLUM VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
HAROLD REED DIRECTOR 2.00
Director
$0 $0 $0
LAURA T TRAPHAGEN DIRECTOR 2.00
Director
$0 $0 $0
ERIC T WESEL VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
PAMELA W WHITE VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
ELLE MCKENNA DIRECTOR 2.00
Director
$0 $0 $0
DONALD H MCCREE JR DIRECTOR 2.00
Director
$0 $0 $0
JANE GILDAY DIRECTOR 2.00
Director
$0 $0 $0
PHIL ROONEY DIRECTOR 2.00
Director
$0 $0 $0
ANNE PATEL DIRECTOR 2.00
Director
$0 $0 $0
THEODORE A MCGRAW JR DIRECTOR 2.00
Director
$0 $0 $0
CATHY MCGRAW DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM WHELAN DIRECTOR 2.00
Director
$0 $0 $0
LISA SCHIFF DIRECTOR 2.00
Director
$0 $0 $0
MICHELLE WALKER DIRECTOR 2.00
Director
$0 $0 $0
ROBERT KREBS JR DIRECTOR 2.00
Director
$0 $0 $0
PAUL GERLACH DIRECTOR 2.00
Director
$0 $0 $0
MARY LIGHTON SHAFER DIRECTOR 2.00
Director
$0 $0 $0
AMBER DECKARD DIRECTOR 2.00
Director
$0 $0 $0
DOUGLAS DONAHUE DIRECTOR 2.00
Director
$0 $0 $0
JIM QUINN DIRECTOR 2.00
Director
$0 $0 $0
SCOTT R BERRY EXECUTIVE DIRECTOR / SECRE 40.00
Officer
$174,482 $15,790 $190,272
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 $2,882,784 $3,386,249 $2,609,205 $-503,465
2024 $3,350,209 $3,434,301 $3,070,043 $-84,092
2023 $2,982,726 $3,880,746 $2,974,615 $-898,020
2022 $3,457,001 $3,491,142 $3,865,127 $-34,141
2021 $2,960,726 $3,423,186 $4,297,391 $-462,460
2018 $2,950,843 $1,899,585 $4,759,614 $1,051,258
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOBE SOUND COMMUNITY CHEST INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.