International Palm Society Inc

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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

1976

Legal Domicile

Principal Officer

Andy Hurwitz

Phone

5126406249

Tax Period

2025-01-01 to 2025-12-31

International Palm Society Inc, founded in 1976, is a small nonprofit in the Environment sector that reported $729K in total revenue in fiscal year 2025. Revenue surged 307% from the prior year, signaling strong growth momentum. The organization ran a surplus of $340K, a strong 47% operating margin.

Mission

The International Palm Society Inc is operated solely and exclusively for scientific and/or educational purposes related to the study of palms and their propagation, culture, conservation, and development.

Program Service Accomplishments

Program 1

Expenses: $205,203 Revenue: $544,222

The IPS holds an annual scientific meeting to gather members and nonmembers to provide presentations and field trips for educational experiences about palms.

Program 2

Expenses: $160,484

The International Palm Society continued to serve its members by publishing 'Palms'. The quarterly journal 'Palms' contains original articles concerning palms, ethnobotony, taxonomy, horticulture and conversation. A supplement contains information regarding activities of the various chapters and related organizations. IPS maintains a website with scientific information regarding palms, species descriptions, horticultural requirements and diseases. IPS also sponsors original research about palms.

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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 $79,629

Program Service Revenue $549,774

Investment Income $99,624

Other Revenue $0

TOTAL REVENUE $729,027

Expense Breakdown

Grants Paid $25,281

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $365,687

Other Expenses $363,268

TOTAL EXPENSES $388,549

Year-over-Year Comparison

	2025	2024	Change
Revenue	$729,027	$179,250	+3.1%
Expenses	$388,549	$156,286	+1.5%
Net Income	$340,478	$22,964	+13.8%

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

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
Jason Dewees	Director	5.00	Director	$0	$0	$0
Cindy Adair	Director	5.00	Director	$0	$0	$0
Norman Bezona	Director	5.00	Director	$0	$0	$0
Juliano Borin	Director	5.00	Director	$0	$0	$0
Glenn Franklin	Director	5.00	Director	$0	$0	$0
Len Geiger	Director	5.00	Director	$0	$0	$0
Anthony Glomski	Director	5.00	Director	$0	$0	$0
Gregg Hamann	Director	5.00	Director	$0	$0	$0
R Haresh	Director	5.00	Director	$0	$0	$0
Ray Hernandez	Director	5.00	Director	$0	$0	$0
Horace Hobbs Jr	Director	5.00	Director	$0	$0	$0
Susan Hubbell	Director	5.00	Director	$0	$0	$0
Leland Lai	Director	5.00	Director	$0	$0	$0
Julie Cleaver Malzoni	Director	5.00	Director	$0	$0	$0
Boyd Marts	Director	5.00	Director	$0	$0	$0
Jill Menzel	Director	5.00	Director	$0	$0	$0
Romeo Montalvo	Director	5.00	Director	$0	$0	$0
Lazaro Priegues	Director	5.00	Director	$0	$0	$0
Fernando Roca	Director	5.00	Director	$0	$0	$0
Tobias Spanner	Director	5.00	Director	$0	$0	$0
Grant Stephenson	Director	5.00	Director	$0	$0	$0
Andrew Street	Director	5.00	Director	$0	$0	$0
David Tanswell	Director	5.00	Director	$0	$0	$0
Michael Valentine	Director	5.00	Director	$0	$0	$0
Colin Wilson	Director	5.00	Director	$0	$0	$0
Andy Hurwitz	President	5.00	Officer	$0	$0	$0
Mary Lock	Vice President	5.00	Officer	$0	$0	$0
Jeff Brusseau	Vice President	5.00	Officer	$0	$0	$0
Tom Jackson	Treasurer	5.00	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
2025	$729,027	$388,549	$1,476,940	$340,478
2024	$179,250	$156,286	$1,141,296	$22,964
2023	$778,294	$371,054	$1,448,259	$407,240
2022	$106,203	$175,156	$951,495	$-68,953
2021	$223,591	$209,832	$1,017,448	$13,759
2020	$172,660	$211,973	$1,004,355	$-39,313
2019	$494,330	$265,239	$1,043,668	$229,091
2018	$90,172	$146,793	$814,577	$-56,621