PALM OF CHRIST FOUNDATION

EIN: 832053721 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$20,279
Total Expenses
$6,985
Total Assets
$552,692
Net Assets
$552,692
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
Theodore Henigson
Phone
6465430403
Tax Period
2025-01-01 to 2025-12-31

PALM OF CHRIST FOUNDATION, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $20K in total revenue in fiscal year 2025. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 66% operating margin.

Mission

The organization serves the sovereign purposes of the Kingdom of God including but not limited to the restoration and prioritization of relationship between man and his creator, the cultivation of the fruits of righteousness between men and women, and the establishment in each of the heart of God for virtuous stewardship of nature and all natural resources. Through our charitable activities, we seek to be a sign in the earth of God's love (sacrifice), his mercy (redemption), and his power (manifestation).

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $20,279
Other Revenue $0
TOTAL REVENUE $20,279

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,585
Other Expenses $2,985
TOTAL EXPENSES $6,985

Year-over-Year Comparison

2025 2024 Change
Revenue $20,279 $15,123 +0.3%
Expenses $6,985 $14,898 -0.5%
Net Income $13,294 $225 +58.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theodore Henigson President & Treasurer 4
Officer Director
$0 $0 $0
Yong Yeow Yeoh Secretary 0.2
Officer Director
$0 $0 $0
Trevor Hanson Director 0.02
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 $20,279 $6,985 $552,692 $13,294
2024 No data No data No data No data
2023 $9,950 $9,902 $513,138 $48
2022 $40,530 $31,827 $455,424 $8,703
2021 $34,783 $56,177 $523,978 $-21,394
2020 $39,660 $65,973 $538,490 $-26,313
2019 $272,347 $51,086 $558,304 $221,261
2018 $343,180 $6,500 $337,043 $336,680
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