PALMO CENTER FOR PEACE & EDUCATION

EIN: 464722188 501(c)(3) Arts, Culture & Humanities

Springfield, OR

Total Revenue
$255,475
Total Expenses
$134,637
Total Assets
$173,334
Net Assets
$171,942
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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
2014
Legal Domicile
OR
Tax Period
2023-01-01 to 2023-12-31

PALMO CENTER FOR PEACE & EDUCATION, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $255K in total revenue in fiscal year 2023. The organization ran a surplus of $121K, a strong 47% operating margin.

Mission

Monthly retreats and 3 x weekly classes were provided to the public via zoom, social media, email, and in person. The Palmo Center activities connect directly to a minimum of 5,000

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $215,925
Program Service Revenue $35,058
Investment Income $3
Other Revenue $4,489
TOTAL REVENUE $255,475

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $63,455
Fundraising Expenses $0
Program Expenses $134,637
Other Expenses $68,682
TOTAL EXPENSES $134,637

Year-over-Year Comparison

2023 2022 Change
Revenue $255,475 N/A N/A
Expenses $134,637 N/A N/A
Net Income $120,838 N/A N/A
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

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Governance

Voting Members
2
Independent Members
2
Employees
1
Volunteers
N/A

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
2
$0
Total Directors
0
$0
Key Employees
1
$57,946
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TENZIN GURMEY PRESDIENT 40.00
Key Emp
$57,946 $0 $57,946
PAMELA DOLMA TREASURER 5.00
Officer
$0 $0 $0
JULIE SONAM SECRETARY 15.00
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
2023 $255,475 $134,637 $173,334 $120,838
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