PALMS FOR LIFE FUND INC (EIN 161760622) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

HANNAH LAUFER-ROTTMAN

Phone

2127647259

Tax Period

2023-01-01 to 2023-12-31

PALMS FOR LIFE FUND INC, founded in 2006, is a community nonprofit in the Public Safety sector that reported $5.8M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $5.1M left a modest 11% surplus.

Mission

TO ADVOCATE FOR AND SUPPORT THE CREATION OF INFRASTRUCTURE THAT SUPPORTS BASIC HUMAN RIGHTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,504,634

Program Service Revenue $268,230

Investment Income $118

Other Revenue $0

TOTAL REVENUE $5,772,982

Expense Breakdown

Grants Paid $2,008,742

Salaries & Benefits $164,686

Fundraising Expenses $0

Program Expenses $4,934,502

Other Expenses $2,941,129

TOTAL EXPENSES $5,114,557

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,772,982	$4,376,813	+0.3%
Expenses	$5,114,557	$4,498,697	+0.1%
Net Income	$658,425	$-121,884	-6.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$109,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NAAMA LAUFER	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANDREW J TRAGER	TREASURER	2.00	Officer Director	$0	$0	$0
ERIC MOSKOWITZ	DIRECTOR	1.00	Director	$0	$0	$0
ELIZAVETA MALASHENKO	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN JACOBSON	DIRECTOR	1.00	Director	$0	$0	$0
HANNAH LAUFER-ROTTMAN	EXECUTIVE DIRECTOR	40.00	Officer	$109,200	$0	$109,200

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$5,772,982	$5,114,557	$1,416,604	$658,425
2022	$4,376,813	$4,498,697	$774,784	$-121,884
2021	$2,374,215	$1,695,580	$826,731	$678,635

PALMS FOR LIFE FUND INC