Nonprofit · EIN 92-0189559
KHATIB BRIDGE AND EDUCATION OF PALM CITY INC
Tax-exempt · STUART, FL 34994
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $145,880 | $170,620 | -$24,740 | $403,510 | $243,680 | $159,830 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $16,710
- Membership dues
- $11,160
- Program service revenue
- $129,070
- Investment income
- $100
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $21,200
- Compensation of officers, directors and key employees
- $12,000
- Salaries, compensation and benefits (total)
- $12,950
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Occupancy
- $38,060
- Depreciation
- $21,660
- Program services (functional)
- $164,145
- Management and general (functional)
- $6,475
Balance sheet and other
- Total assets, start of year
- $445,548
- Total assets, end of year
- $403,510
- Total liabilities, end of year
- $243,680
- Net assets, end of year
- $159,830
- Land, buildings and equipment
- $354,300
- Net assets without donor restrictions
- $159,830
- Gross receipts
- $145,880
- Employees
- 2
- Volunteers
- 15
- Year formed
- 2008
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Harry Falk | Manager Key employee | 20 | $10,000 |
| Steven Levine | Director and President Trustee or director | 0.25 | $0 |
| Jon Isley | Director and Treasurer Trustee or director | 0.25 | $0 |
| William Crandall | Director Trustee or director | 0.25 | $0 |
| Ann Taylor | Director Trustee or director | 0.25 | $0 |
| Judy Fleming | Director Trustee or director | 0.25 | $0 |
| Steven Vendig | Director Trustee or director | 0.25 | $0 |
| Sally Swing | Director Trustee or director | 0.25 | $0 |
| Christine Van Leeuwen | manager Key employee | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 500 SE PALM BEACH RD, STUART, FL 34994-2444
- In care of
- % HARRY FALK
- Principal officer (990 for 2023)
- Jon Isley, 2585 SE STONEBRIAR WAY, Stuart, FL 34997
- Signed the 990
- Jon Isley, director, treasurer
- Phone
- (772) 232-1006
- Return prepared by
- Gerald E Shaw CPA
Mission
See Part I, Line 1
Program accomplishments
- There is only one program, and it is stated in Part I, line 1.Expenses $164,145
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0189559
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $403,510
- Income (IRS master file)
- $145,880
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $145,880 | $170,620 | $403,510 | XML |
| 990 | December 2022 | $138,850 | $150,400 | $445,548 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0189559).
Questions about KHATIB BRIDGE AND EDUCATION OF PALM CITY INC
- What is the EIN of KHATIB BRIDGE AND EDUCATION OF PALM CITY INC?
- The employer identification number (EIN) of KHATIB BRIDGE AND EDUCATION OF PALM CITY INC is 92-0189559.
- Is KHATIB BRIDGE AND EDUCATION OF PALM CITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to KHATIB BRIDGE AND EDUCATION OF PALM CITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KHATIB BRIDGE AND EDUCATION OF PALM CITY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KHATIB BRIDGE AND EDUCATION OF PALM CITY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KHATIB BRIDGE AND EDUCATION OF PALM CITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of KHATIB BRIDGE AND EDUCATION OF PALM CITY INC?
- The 990 for the year ended December 31, 2023 names Jon Isley.
- Who are the officers and directors of KHATIB BRIDGE AND EDUCATION OF PALM CITY INC?
- The 990 for the year ended December 31, 2023 lists 9 people; 1 received compensation from the organization, the highest $10,000 (Harry Falk, Manager).
- How much revenue does KHATIB BRIDGE AND EDUCATION OF PALM CITY INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $145,880, expenses of $170,620 and total assets of $403,510 at year end.
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