B โ€” EducationEIN: 464896381ยท Ruling Year: 2020

Palma School Foundation

Salinas, California

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

๐Ÿ’ฐ
$292K
Total Revenue
๐Ÿ“Š
$110K
Total Expenses
๐Ÿฆ
$2.5M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-50.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+62.3%
Revenue minus expenses as % of revenue

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$292,145โ†“50%$110,227โ†‘415%$2,486,871โ†‘8%
2022$587,205โ†‘13%$21,388โ†“68%$2,304,953โ†‘32%
2021$518,759โ†“60%$65,821โ†‘2680%$1,741,786โ†‘35%
2020$1,288,566$2,368$1,287,548

Frequently Asked Questions

What does Palma School Foundation do?โ–ผ

Palma School Foundation is a education nonprofit organization based in California. It is classified under NTEE code B12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palma School Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Palma School Foundation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Palma School Foundation generate?โ–ผ

Palma School Foundation reports $2.6M in annual revenue and holds $2.8M in total assets, based on IRS filings.

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Palma School Foundation โ€” Salinas, CA | GiveScope