FRIENDS OF PALMERA PROJECTS INC (EIN 863335371) - 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

2021

Legal Domicile

Principal Officer

MAITHREHI ALAGANAR

Phone

9177561070

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF PALMERA PROJECTS INC, founded in 2021, is a small nonprofit in the International Affairs sector that reported $512K in total revenue in fiscal year 2025. Revenue surged 5021% from the prior year, signaling strong growth momentum. Expenses of $495K left a modest 3% surplus.

Mission

THIS ORGANIZATIONS PRIMARY ACTIVITY IS COORDINATING ACTIVITIES FROM WITHIN THE UNITED STATES THAT SUPPORT EDUCATING THE GENERAL PUBLIC ABOUT LIVELIHOOD PROGRAMS, PARTICULARLY IN RURAL AREAS IN SRI LANKA, AND EXPAND AWARENESS AND KNOWLEDGE ABOUT WAYS FOR SUSTAINING THE ECONOMIC VIABILITY OF VULNERABLE COMMUNITIES. THIS ORGANIZATION MAKES GRANTS TO SECTION 501(C)(3) ORGANIZATIONS OR EQUIVALENT ORGANIZATIONS LOCATED IN FOREIGN COUNTRIES, SUCH AS PALMERA PROJECTS, IN ORDER TO FUND THE PROGRAMS AND ACTIVITIES OF THESE ORGANIZATIONS.

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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 $512,100

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $512,100

Expense Breakdown

Grants Paid $494,975

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $494,975

Other Expenses $70

TOTAL EXPENSES $495,045

Year-over-Year Comparison

	2025	2024	Change
Revenue	$512,100	$10,000	+50.2%
Expenses	$495,045	$500	+989.1%
Net Income	$17,055	$9,500	+0.8%

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
MAITHREHI ALAGANAR	DIRECTOR	10	Director	$0	$0	$0
ARJUNA ALAGANAR	DIRECTOR	1	Director	$0	$0	$0
SAMBAVI SEERMARAN	DIRECTOR	1	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	$512,100	$495,045	$30,780	$17,055

FRIENDS OF PALMERA PROJECTS INC