Palmer Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 74,021 | 257,088 | −183,067 | 30.9 | 0% |
| 2012 | 510,778 | 72,379 | 438,399 | 182.4 | 0% |
| 2013 | 85,179 | 412,909 | −327,730 | 22.4 | 0% |
| 2014 | 95,150 | 499,607 | −404,457 | 8.8 | 0% |
| 2015 | 85,726 | 82,431 | 3,295 | 54.0 | — |
| 2016 | 49,165 | 92,199 | −43,034 | 42.7 | — |
| 2017 | 49,397 | 32,274 | 17,123 | 128.4 | — |
| 2018 | 62,738 | 29,980 | 32,758 | 151.3 | — |
| 2019 | 116,650 | 49,531 | 67,119 | 107.9 | — |
| 2020 | 107,691 | 44,918 | 62,773 | 135.7 | 0% |
| 2021 | 229,535 | 60,393 | 169,142 | 134.5 | 0% |
| 2022 | 102,764 | 65,580 | 37,184 | 130.7 | 0% |
| 2023 | 411,691 | 18,401 | 393,290 | 722.3 | 0% |
In its most recent public year (2023), this organization brought in $393,290 more than it spent. Its reserves stood at about 722.3 months of spending, up from 30.9 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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