PARK OF THE PALMS INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PARK OF THE PALMS INC (EIN 23-7359894)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2023-02-10
- IRS object ID
- 202340419349300044
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-10T12:16:47-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650984330 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HCT CERTIFIED PUBLIC ACCOUNTANTS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3816 HOLLYWOOD BLVD STE 203 | AddressLine1Txt |
| City | HOLLYWOOD | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237359894 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK OF THE PALMS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARK | BusinessNameControlTxt |
| Phone | 3524736100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 MARANATHA ROAD | AddressLine1Txt |
| City | KEYSTONE HEIGHTS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32656 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATHERINE MILLIGAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3524736100 | PhoneNum |
| Signature | 2023-01-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CATHERINE | PersonFirstNm |
| Person Last | MILLIGAN | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RODERICK HARVEY | PreparerPersonNm |
| PTIN | P01550752 | PTIN |
| Phone | 9549664435 | PhoneNum |
| Preparation | 2023-02-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CATHERINE MILLIGAN | PrincipalOfficerNm |
| Gross Receipts | $2,081,468 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PARKOFTHEPALMS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | Park of the Palms, Inc., serves as a sanctuary to meet the phyiscal and spiritual needs of an aging population and is a source of spiritual light to its residents and the surrounding community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 86 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $25,413 | PYContributionsGrantsAmt |
| CY Contributions Grants | $36,103 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,906,012 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,032,331 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,962 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,542 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,823 | PYOtherRevenueAmt |
| CY Other Revenue | $9,492 | CYOtherRevenueAmt |
| PY Total Revenue | $1,956,210 | PYTotalRevenueAmt |
| CY Total Revenue | $2,081,468 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,126,181 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,167,718 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $962,854 | PYOtherExpensesAmt |
| CY Other Expenses | $949,446 | CYOtherExpensesAmt |
| PY Total Expenses | $2,089,035 | PYTotalExpensesAmt |
| CY Total Expenses | $2,117,164 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$132,825 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$35,696 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,216,846 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,087,764 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,264,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,171,260 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,952,199 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,916,504 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Comprehensive and individualized care is made possible. An effort is made to provide beautiful indpendent living structures and an great assisted living facility. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Activity | 62399 | ActivityCd |
| Desc | Comprehensive and individualized care is made possible. An effort is made to provide beautiful indpendent living structures and an great assisted living facility. | Desc |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 86 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Form720 Filed | false | Form720FiledInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FINANCE DEPARTMENT | PersonNm |
| Phone | 3524736100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 204 MARANATHA ROAD | AddressLine1Txt |
| City | KEYSTONE HEIGHTS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32656 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| CATHERINE MILLIGAN | ||||||
| PRESIDENT | 40 | Yes (X) | $65,000 | $0 | $0 | |
| HELEN CRIBBS | ||||||
| VICE PRESIDENT | 40 | Yes (X) | $55,500 | $0 | $0 | |
| MARK PRESSON | ||||||
| DIRECTOR | 1 | $0 | $0 | $0 | Yes (X) | |
| WILLIAM COYLE JR | ||||||
| VICE CHAIRMAN/DIRECTOR | 5 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| GARY C WAINWRIGHT | ||||||
| SECRETARY / DIRECTOR | 1 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| WILLIAM NEUFELD | ||||||
| TREASURER / DIRECTOR | 7 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| ALAN L MOJONNIER | ||||||
| CHAIRMAN / DIRECTOR | 7 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $120,500 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $36,103 | AllOtherContributionsAmt |
| Total Contributions | $36,103 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ASSISTED LIVING FACILITY | 623990 | $1,222,175 | $1,222,175 |
| RENTAL FEES PROGRAM | 623990 | $695,959 | $695,959 |
| MONTHLY MAINTENANCE FEES | 623990 | $72,869 | $72,869 |
| EARNED ENTRANCE FEES | 623990 | $41,328 | $41,328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,032,331 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,542 | TotalRevenueColumnAmt |
| Exclusion | $3,542 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER OPERATING REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $9,492 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,492 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,492 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,081,468 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,041,823 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,542 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,010,374 | TotalAmt |
| Program Services | $858,658 | ProgramServicesAmt |
| Management And General | $151,716 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,972 | TotalAmt |
| Program Services | $110,165 | ProgramServicesAmt |
| Management And General | $20,807 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,372 | TotalAmt |
| Program Services | $25,442 | ProgramServicesAmt |
| Management And General | $930 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,777 | TotalAmt |
| Program Services | $24 | ProgramServicesAmt |
| Management And General | $6,753 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,695 | TotalAmt |
| Program Services | $72,910 | ProgramServicesAmt |
| Management And General | $33,785 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,455 | TotalAmt |
| Management And General | $24,455 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,843 | TotalAmt |
| Program Services | $312,680 | ProgramServicesAmt |
| Management And General | $6,163 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,912 | TotalAmt |
| Program Services | $206,429 | ProgramServicesAmt |
| Management And General | $9,483 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,950 | TotalAmt |
| Program Services | $70,284 | ProgramServicesAmt |
| Management And General | $8,666 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD SERVICE | $162,847 | $162,795 | $52 |
| DUES AND FEES | $34,039 | $3,233 | $30,806 |
| HOUSEKEEPING | $928 | $913 | $15 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,117,164 | TotalAmt |
| Program Services | $1,823,533 | ProgramServicesAmt |
| Management And General | $293,631 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $517,695 | BOYAmt |
| EOY | $520,018 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $323,109 | BOYAmt |
| EOY | $272,366 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,002 | BOYAmt |
| EOY | $3,985 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $737 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,644,504 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,353,109 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,368,303 | BOYAmt |
| EOY | $3,291,395 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,216,846 | BOYAmt |
| EOY | $4,087,764 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,874 | BOYAmt |
| EOY | $163,589 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $479,666 | BOYAmt |
| EOY | $407,267 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $382,053 | BOYAmt |
| EOY | $388,604 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,054 | BOYAmt |
| EOY | $211,800 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,264,647 | BOYAmt |
| EOY | $1,171,260 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,912,105 | BOYAmt |
| EOY | $2,880,868 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,094 | BOYAmt |
| EOY | $35,636 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,952,199 | BOYAmt |
| EOY | $2,916,504 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,216,846 | BOYAmt |
| EOY | $4,087,764 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$35,696 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,394 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,518 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,682 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $25,413 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,103 | CurrentTaxYearAmt |
| Total | $176,110 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,010,106 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,039,183 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,087,235 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,922,835 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,918,134 | CurrentTaxYearAmt |
| Total | $9,977,493 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,065,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,065,701 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,119,917 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,948,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,954,237 | CurrentTaxYearAmt |
| Total | $10,153,603 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,300 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $42,351 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,200 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,300 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1 | CurrentTaxYearAmt |
| Total | $42,351 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $10,111,252 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,788 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,203 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,923 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,562 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,542 | CurrentTaxYearAmt |
| Total | $32,018 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,788 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,203 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,923 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,562 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,542 | CurrentTaxYearAmt |
| Total | $32,018 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,691 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,768 | CurrentTaxYearMinus3YearsAmt |
| Total | $81,459 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,079,979 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,143,672 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,129,840 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,955,810 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,957,779 | CurrentTaxYearAmt |
| Total | $10,267,080 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98482 | PublicSupportCY509Pct |
| Public Support PY509 | 0 | PublicSupportPY509Pct |
| Investment Income CY | 0.00312 | InvestmentIncomeCYPct |
| Investment Income PY | 0 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $131,581 | OtherCostOrOtherBasisAmt |
| Book Value | $131,581 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,993,653 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,920,036 | DepreciationAmt |
| Book Value | $3,073,617 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $355,025 | OtherCostOrOtherBasisAmt |
| Depreciation | $311,425 | DepreciationAmt |
| Book Value | $43,600 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $164,245 | OtherCostOrOtherBasisAmt |
| Depreciation | $121,648 | DepreciationAmt |
| Book Value | $42,597 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,291,395 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $2,077,926 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $2,077,926 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,077,926 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,117,163 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $2,117,163 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,117,163 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART XIII | FormAndLineReferenceDesc |
| Explanation | The Park of the Palms has reveiwed and evaluated the relevant technical merits of each of items tax positions in accordance with the accounting principles generally accepted in the United States of America for accounting for uncertainty in income taxes. The Park of the Palms has determined that there are no uncertain tax positions that would have a material impact on the financial statements of the Park of the Palms, Inc. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART VI, SECTION A, LINE 8a | Committee actions are discussed and approved at Board meetings. Minutes of the Board meetings are maintained. The minutes consist of the discussions held, the motions made and the approvals of actions. |
| PART VI, SECTION A, LINE 8b | Committee actions are discussed and approved at Board meetings. Minutes of the Board meetings are maintained. The minutes consist of the discussions held, the motions made and the approvals of actions. |
| PART VI, SECTION B, LINE 11 | The IRS form 990 is prepared and remitted to the Board members in its DRAFT format. The Board members are advised and given time to reveiw and provide any comments or suggestions to the IRS form 990 prior to the tax return being e-filed. |
| PART VI, SECTION B, LINE 15a | The compensation is approved by the Board members. |
| PART VI, SECTION B, LINE 15b | Compensation is reveiwed and approved by the Board of Directors. |
| PART VI, SECTION C, LINE 19 | Park of the Palms makes it governing documents and the required financial reprots and/or tax returns avialable to the public upon request. |
| PART VII, COLUMN B, HOURS PER WEEK | none. |
| PART XII, LINE 2 | The process for the selection of the Organization s independent auditor has remained consistent. The Board of Directors evaluated and makes a determination to retain or seek a new CPA firm on an annual basis. |
| PART XI, LINE 9 | this is an required for rounding |
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