The Palm Beach Police and Fire Foundation Inc

EIN: 830462654 501(c)(3) Crime & Legal

Palm Beach, FL

Total Revenue
$7,343,416
Total Expenses
$4,082,930
Total Assets
$24,912,426
Net Assets
$24,253,585
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Principal Officer
John F Scarpa
Phone
5618208118
Tax Period
2024-07-01 to 2025-06-30

The Palm Beach Police and Fire Foundation Inc, founded in 2006, is a community nonprofit in the Crime & Legal sector that reported $7.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.3M, a strong 44% operating margin.

Mission

The PBPFF is a charitable organization that supports the Town of (continued on Schedule O)Palm Beach First Responders and the local community at large with education, equipment and advocacy; empowering peace of mind with the knowledge that their families and futures are safe and supported.

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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 $7,311,871
Program Service Revenue $0
Investment Income $802,587
Other Revenue $-771,042
TOTAL REVENUE $7,343,416

Expense Breakdown

Grants Paid $2,046,405
Salaries & Benefits $543,510
Fundraising Expenses $376,698
Program Expenses $3,156,815
Other Expenses $1,493,015
TOTAL EXPENSES $4,082,930

Year-over-Year Comparison

2024 2023 Change
Revenue $7,343,416 $6,418,502 +0.1%
Expenses $4,082,930 $4,089,231 0.0%
Net Income $3,260,486 $2,329,271 +0.4%
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
18
Independent Members
18
Employees
5
Volunteers
20

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
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John F Scarpa CEO & Chairman 20.00
Officer Director
$0 $0 $0
Timothy Moran Vice Chairman 20.00
Officer Director
$0 $0 $0
David S Mack Vice President 5.00
Officer Director
$0 $0 $0
Michael Belisle 1st Vice President 20.00
Officer Director
$0 $0 $0
Annie Falk Asst. Secretary/Treasurer 5.00
Officer Director
$0 $0 $0
E Hunter Beebe Director 1.00
Director
$0 $0 $0
Howard B Bernick Director 5.00
Director
$0 $0 $0
Jeff Greene Director 1.00
Director
$0 $0 $0
Lawrence Herbert Director 5.00
Director
$0 $0 $0
John W Jordan II Director 1.00
Director
$0 $0 $0
Michele Kessler Director 5.00
Director
$0 $0 $0
William I Koch Director 1.00
Director
$0 $0 $0
David Levinson Director 2.00
Director
$0 $0 $0
Janet Levy Director 1.00
Director
$0 $0 $0
Jeffrey A Marcus Director 10.00
Director
$0 $0 $0
John WS Preston Director 5.00
Director
$0 $0 $0
Thomas C Quick Director 2.00
Director
$0 $0 $0
Herb Shear Director 2.00
Director
$0 $0 $0
Rebecca Godwin President & COO 40.00
Highest
$188,865 $9,921 $198,786
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 $7,343,416 $4,082,930 $24,912,426 $3,260,486
2024 $6,418,502 $4,089,231 $20,246,277 $2,329,271
2023 $5,207,707 $3,058,656 $16,159,222 $2,149,051
2022 $4,726,750 $2,829,063 $12,553,340 $1,897,687
2022 $4,726,750 $2,829,063 $12,553,340 $1,897,687
2021 $3,443,053 $1,577,548 $12,412,306 $1,865,505
2020 $3,164,192 $1,317,248 $9,169,788 $1,846,944
2019 $2,329,790 $1,014,633 $7,374,011 $1,315,157
2018 $1,231,802 $720,407 $6,162,107 $511,395
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