FRIENDS OF PALLADIO

EIN: 850874445 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$20,015
Total Expenses
$46,515
Total Assets
$17,509
Net Assets
$17,509
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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
2020
Legal Domicile
MA
Principal Officer
FEDERICO MINOLI
Phone
5614597350
Tax Period
2022-01-01 to 2022-12-31

FRIENDS OF PALLADIO, founded in 2020, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $20K in total revenue in fiscal year 2022. Expenses of $47K exceeded revenue, resulting in a 132% operating deficit.

Mission

THE FRIENDS OF PALLADIO AIMS TO BROADEN THE RECOGNITION AND APPRECIATION OF THE INFLUENTIAL RENAISSANCE ARCHITECT ANDREA PALLADIO, ALREADY STRONGLY ESTABLISHED IN ACADEMIC AND ART HISTORY CIRCLES, TO A WIDER AUDIENCE OF AMERICAN ART LOVERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $20,015
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $20,015

Expense Breakdown

Grants Paid $45,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,000
Other Expenses $1,515
TOTAL EXPENSES $46,515

Year-over-Year Comparison

2022 2021 Change
Revenue $20,015 N/A N/A
Expenses $46,515 $6,027 +6.7%
Net Income $-26,500 $-6,027 +3.4%
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
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FEDERICO MINOLI PRESIDENT 40.00
Director
$0 $0 $0
ELIZABETH KAPLAN TREASURER 40.00
Director
$0 $0 $0
ANDREA POLLINGER CLERK 40.00
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
2022 $20,015 $46,515 $17,509 $-26,500
2021 No data $6,027 $44,009 No data
2020 $50,100 $64 $50,036 $50,036
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