PALMER COMMUNITY FOUNDATION INC (EIN 470840925) - 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

2001

Legal Domicile

Principal Officer

KELLY WICHMANN

Phone

3088949061

Tax Period

2024-01-01 to 2024-12-31

PALMER COMMUNITY FOUNDATION INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $352K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $310K left a modest 12% surplus.

Mission

ASSIST AND PROMOTE THE IMPROVEMENT AND ADVANCEMENT OF THE COMMON GOOD AND SOCIAL WELFARE OF THE RESIDENTS OF PALMER, NEBRASKA THROUGH THE UNDERTAKING OF CHARITABLE AND EDUCATIONAL ACTIVITIES, IN ACCORDANCE WITH SECTION 501 (C)(3) OF THE CODE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $101,050

Program Service Revenue $212,130

Investment Income $39,196

Other Revenue $100

TOTAL REVENUE $352,476

Expense Breakdown

Grants Paid $25,426

Salaries & Benefits $199,081

Fundraising Expenses $0

Program Expenses $309,701

Other Expenses $85,194

TOTAL EXPENSES $309,701

Year-over-Year Comparison

	2024	2023	Change
Revenue	$352,476	$582,834	-0.4%
Expenses	$309,701	$222,825	+0.4%
Net Income	$42,775	$360,009	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENE BLAUHORN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ARLO BOCKERMAN	TRUSTEE	1.00	Director	$0	$0	$0
JOEL BOHLKEN	TRUSTEE	1.00	Director	$0	$0	$0
CINDY L DOGGETT	SECRETARY	1.00	Officer Director	$0	$0	$0
TAMMY EARNEST	TRUSTEE	1.00	Director	$0	$0	$0
REED JOHNSTON	TRUSTEE	1.00	Director	$0	$0	$0
KELLY WICHMANN	TREASURER	1.00	Officer Director	$0	$0	$0
TYLER WICHMANN	TRUSTEE	1.00	Director	$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
2024	$352,476	$309,701	$887,626	$42,775
2023	$582,834	$222,825	$701,712	$360,009
2022	$222,466	$212,401	$342,195	$10,065
2021	$202,981	$178,816	$331,827	$24,165
2020	$152,119	$118,800	$320,865	$33,319
2019	$140,257	$119,176	$125,958	$21,081

PALMER COMMUNITY FOUNDATION INC