ASSEMBLY OF SPOKEN WORD OF PALM BEACH INC

EIN: 920847361 501(c)(3) Religion

LAKE WORTH, FL

Total Revenue
$48,448
Total Expenses
$44,955
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
ANCENE PAUL DR
Phone
5615376562
Tax Period
2024-01-01 to 2024-12-31

ASSEMBLY OF SPOKEN WORD OF PALM BEACH INC, founded in 2021, is a micro nonprofit in the Religion sector that reported $48K in total revenue in fiscal year 2024. Expenses of $45K left a modest 7% surplus.

Mission

THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES. INCLUDING FOR SUCH PURPOSES. THE MAKING OF DISTRUBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER 501(C3) OF THE IRS CODE OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

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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 $48,448
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $48,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,955
Other Expenses $44,955
TOTAL EXPENSES $44,955

Year-over-Year Comparison

2024 2023 Change
Revenue $48,448 N/A N/A
Expenses $44,955 N/A N/A
Net Income $3,493 N/A N/A
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

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

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL ANCENE PRESIDENT N/A
Officer
$0 $0 $0
PAUL LAROUSSE VP N/A
Officer
$0 $0 $0
EUGENIE DAUT DIRECTOR N/A
Officer
$0 $0 $0
YOSELINE D ANCENE SECRETARY N/A
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
2024 $48,448 $44,955 No data $3,493
2023 $32,145 $33,861 No data $-1,716
2022 $16,239 $13,655 $2,584 $2,584
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