PALM TREE ACADEMY (EIN 830392659) - 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

2004

Legal Domicile

Principal Officer

CECILIA OROZCO

Phone

9155817729

Tax Period

2023-07-01 to 2024-06-30

PALM TREE ACADEMY, founded in 2004, is a small nonprofit in the Education sector that reported $186K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

PALM TREE ACADEMY IS COMMITTED TO THE DEVELOPMENT OF THE STUDENT AS A WHOLE AND SEEKS TO PROVIDE STUDENTS WITH ACADEMIC EXCELLENCE AND RELIGIOUS TRAINING.

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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 $67,661

Program Service Revenue $118,202

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,034

Fundraising Expenses $0

Program Expenses $183,476

Other Expenses $55,442

TOTAL EXPENSES $203,476

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,863	$154,621	+0.2%
Expenses	$203,476	$202,844	+0.0%
Net Income	$-17,613	$-48,223	-0.6%

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

$51,664

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLE C OROZCO	SCHOOL PRINCIPAL	40.0	Officer	$25,832	$0	$51,664
LAURA KASSIM	SECRETARY	1.0	Officer Director	$0	$0	$0
YEHIA IBRAHIM	TREASURER	1.0	Officer Director	$0	$0	$0
CECILIA OROZCO	PRESIDENT	1.0	Officer Director	$0	$0	$0
NAZMI ALHAJASAAD	SCHOOL ADMINISTRATOR	1.0	Officer Director	$0	$0	$0
SHADI KHADER	BOARD MEMBER	1.0	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
2025	No data	No data	No data	No data
2024	$185,863	$203,476	$30,112	$-17,613
2023	$154,621	$202,844	$42,151	$-48,223
2022	$215,699	$199,045	$89,950	$16,654
2021	$122,752	$141,734	$70,673	$-18,982
2020	$246,091	$225,406	$85,850	$20,685
2019	$246,609	$213,596	$65,752	$33,013

PALM TREE ACADEMY