Beachlabsorg INC EIN 83-1073639 Form 990 (PDF) Claim this org

Beachlabsorg INC FY2019 filing

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Unites the community to protect beaches and the environment through long-term goals. For fiscal year 2019 it reported $0 in revenue, $6K in expenses, and $57K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Palm Beach, FL
Website
beachlabs.org
Filings
3 on file (2019–2019)
Revenue
$0FY2019
Expenses
$6K
Net assets
$57K
People
3
Filings
3
Updates
0
More identity details & actions ⌄
EIN  83-1073639 Public charity (501(c)(3)) Palm Beach, FL
Form 990 (PDF)
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2021) →
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Size
<$100K
What they do
Unites the community to protect beaches and the environment through long-term goals.
Leadership
Daniel T Pinho · Director
Money in and out
$0 revenue, $6K expenses
Bottom line
100% program efficiency
Where the money goes · FY2019
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$6K
Pt IX · Ln 25
Net assets
$57K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate

Summary of the Filing

Part I · fiscal year 2019 · Form 990
Revenue
$0
FY2019
Expenses
$6K
FY2019
Total assets
$57K
FY2019
Total liabilities
$0
FY2019
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$6K
Pt IX · Ln 25
Net assets
$57K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$57K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeachlabsorg INC
EINHdr · item D83-1073639
Principal addressHdr · item CPalm Beach, FL
WebsiteHdr · item Jbeachlabs.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S40)
Ruling yearIRS BMFJul 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $6K of program spending, described in the organization's own filed words · FY2019.
01

To bring awareness to the local community to work together to establish long-term goals for the sake of protecting our beaches and the environment.

$6Kprogram expense

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$6K
Total functional expensesLn 25$6K

Balance Sheet

Part X · end of year
CashLn 1$2K
Total assetsLn 16$57K
Total liabilitiesLn 26$0
Total net assetsLn 32$57K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2K · Operating expenses/yr $6K
5.0 months
Where the money goes
Program services
Program services $6K · Total expenses $6K
100%
Management & General
Management & general $0 · Total expenses $6K
0%
Fundraising
Fundraising $0 · Total expenses $6K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants $0 · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $6K
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $57K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $6K
Liabilities-to-Assets
Total liabilities — · Total assets $57K
Net-asset ratio
Net assets $57K · Total assets $57K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $57K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daniel T Pinho · Reported title Director · Highest reported compensation $0 · Total expenses $6K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $6K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Legal fee ratio 86%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$0 revenue · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF
FY2019$0 revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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