Boca Pointe Former Equity Members INC

Not tax-deductible

Boca Raton, FL501(c)(7)Since 1988Mutual / membership EIN 65-0056905Revenue $4K in FY2025Latest return filed May 13, 2026

On file with the IRSBoca Raton, FLTax-exempt since Nov 1988

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Boca Pointe country club is a social club whose exempt purpose is to promote social interaction of club Members by providing dining and recreational activities.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 65-0056905) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $3.1M a year · 1515% of revenue · last 6 filings
A surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
914.2 mo
of spending, in cash
914.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$4K
+34% vs prior year
Spent
$8K
Net assets
$631K
By yearFY2020–FY2025
Revenue
$4K
FY2025▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.3M
FY2021−$8.1M
FY2022$0
FY2023$0
FY2024$3K
FY2025$4K
Expenses
$8K
FY2025▼ -70%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.3M
FY2021$9.5M
FY2022$23K
FY2023$19K
FY2024$27K
FY2025$8K
Net assets
$631K
FY2025▼ -0.7%
Tap a bar for its year
Net assets by fiscal year
FY2020$20.4M
FY2021$1.3M
FY2022$693K
FY2023$658K
FY2024$635K
FY2025$631K

From the FY2025 Form 990 (year ending August 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary/Treasurer
$0Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2021FY2020
Helen Karpel$355,400$348,003
Terry Daniels$165,726$164,205
William Deibel$120,560$127,501
Lisa Hancock$111,367$110,234

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Boca Pointe Former Equity Members INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects members through shared activities for enjoyment and leisure.

Questions for Boca Pointe Former Equity Members INC

Tap to ask. Boca Pointe Former Equity Members INC sees how many people are interested.

Your first name shows with your question. Boca Pointe Former Equity Members INC answers here, for everyone.

1 program · in their own filed words · FY2024
01

Boca pointe country club provides golf, dining, and other athleticfacilities for members. On august 31, 2021, the club sold all assets to an unrelated third party, and made a partial distribution of funds to members during the year ended august 31, 2022.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 65-0056905) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4K
Ln 12
Investment incomeLn 3$4K
Money outPt IX
$8K
Ln 25
Owns and owesPt X
$631K
net assets · Ln 32
Cash and savingsLn 1–2$629K
Total assetsLn 16$631K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$4K
Total revenueLn 12$4K
Assets in detailPt X, end of year
CashLn 1$629K
Cash and savings togetherLn 1–2$629K
Other assetsLn 15$2K
Total assetsLn 16$631K
LiabilitiesLn 26$0
Net assetsLn 32$631K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$634K$629K
Total assetsLn 16$635K$631K
LiabilitiesLn 26$0$0
Net assetsLn 32$635K$631K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$1K
Office expensesLn 13$1K
InsuranceLn 23$4K
Other expenses (24a–d)Ln 24$2K
Total functional expensesLn 25$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 13, 2026 $4K$8K−$5K$631K 990 PDF
FY2024Filed with the IRS Jun 27, 2025 $3K$27K−$25K$635K 990 PDF
FY2023Filed with the IRS Jun 28, 2024 $0$19K−$19K$658K 990 PDF
FY2022Filed with the IRS Jul 14, 2023 $0$23K−$23K$693K 990 PDF
FY2021Filed with the IRS Jul 15, 2022 −$8.1M$9.5M−$17.6M$1.3M 990 PDF
FY2020Filed with the IRS Jun 9, 2021 $9.3M$10.3M−$1.1M$20.4M 990 PDF

Schedules filed Part IV

O · Explanations
See the full FY2025 990
Part I · Summary $3,614 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,989$3,614
I-11 Other revenuePrior year $717$0
I-12 Total revenuePrior year $2,706$3,614
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $27,338$8,256
I-18 Total expensesPrior year $27,338$8,256
I-19 Revenue less expensesPrior year −$24,632−$4,642
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,614 across 2 lines filed
VIII-3 Investment incomeUnrelated business $3,614$3,614
VIII-12 Total revenueRelated to mission $0 · Unrelated business $3,614 · Excluded from tax $0$3,614
Part IX · Statement of functional expenses $8,256 across 4 lines filed
IX-11b Legal fees$1,279
IX-13 Office expenses$1,068
IX-23 Insurance$3,924
IX-24 Other expenses (24a–d)$1,985
IX-25 Total functional expenses$8,256
Part X · Balance sheet $630,570 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $633,597$628,955
X-15 Other assetsStart of year $1,615$1,615
X-16 Total assetsStart of year $635,212$630,570
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $635,212$630,570
X-32 Total net assets or fund balancesStart of year $635,212$630,570
X-33 Total liabilities and net assetsStart of year $635,212$630,570
Part XI · Reconciliation of net assets $630,570 net assets at year end
XI-1 Total revenue$3,614
XI-2 Total expenses$8,256
XI-3 Revenue less expenses−$4,642
XI-4 Net assets at start of year$635,212
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$630,570

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.