Palombo & Friends Foundation Inc (EIN 460548390) - 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

2012

Legal Domicile

Principal Officer

Thomas Palombo

Phone

8444007118

Tax Period

2025-01-01 to 2025-12-31

Palombo & Friends Foundation Inc, founded in 2012, is a micro nonprofit in the Human Services sector that reported $4K in total revenue in fiscal year 2025. Revenue surged 28% from the prior year, signaling strong growth momentum. Net assets of $8K represent 28 months of operating reserves.

Mission

Helping the physically and mentally challenged, the elderly, and those with special needs find information about services and activities available to them at no charge.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,529

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,529

Expense Breakdown

Grants Paid $1,995

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,162

Other Expenses $1,534

TOTAL EXPENSES $3,529

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,529	$2,752	+0.3%
Expenses	$3,529	N/A	N/A
Net Income	$0	$2,752	-1.0%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
George Palombo	CEO	40	Officer Director	$0	$0	$0
William Mannes	Treasurer	20	Officer Director	$0	$0	$0
Joanne Handzel	Secretary	10	Officer Director	$0	$0	$0
Zakary Smith	VP of Real-Estate and Marketing Operations	10	Officer Director	$0	$0	$0
Thomas Palombo	President	20	Officer	$0	$0	$0

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
2025	$3,529	$3,529	$8,110	No data
2022	$2,392	$2,288	$10,918	$104
2020	$2,618	$2,528	$11,039	$90

Palombo & Friends Foundation Inc