THE PALM VALLEY SCHOOL

EIN: 952133079 501(c)(3) Education

RANCHO MIRAGE, CA

Total Revenue
$6,755,529
Total Expenses
$8,114,880
Total Assets
$13,893,410
Net Assets
$3,715,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
JUDITH ARNSTEIN
Phone
7603280861
Tax Period
2024-07-01 to 2025-06-30

THE PALM VALLEY SCHOOL, founded in 2000, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $8.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

PALM VALLEY SCHOOL IS AN EXCEPTIONAL LEARNING COMMUNITY THAT EDUCATES, NURTURES, AND CHALLENGES EACH STUDENT TO ACHIEVE EXCELLENCE AND CONTRIBUTE TO OUR GLOBAL SECURITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $94,090
Program Service Revenue $6,410,217
Investment Income $19,631
Other Revenue $231,591
TOTAL REVENUE $6,755,529

Expense Breakdown

Grants Paid $976,898
Salaries & Benefits $4,652,525
Fundraising Expenses $46,526
Program Expenses $6,214,681
Other Expenses $2,485,457
TOTAL EXPENSES $8,114,880

Year-over-Year Comparison

2024 2023 Change
Revenue $6,755,529 $7,733,249 -0.1%
Expenses $8,114,880 $8,430,537 0.0%
Net Income $-1,359,351 $-697,288 +0.9%
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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Governance

Voting Members
9
Independent Members
9
Employees
96
Volunteers
40

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
6
$78,689
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN SHERMAN CEO- FORMER 40.00
$324,562 $10,000 $334,562
PAUL LEWIN DEVELOPMENT 40.00
Highest
$112,609 $1,041 $113,650
VICENTE FUENTES CFO 40.00
Officer
$51,201 $1,166 $52,367
JUDITH ARNSTEIN NEW HEAD OF 40.00
Officer
$26,322 $0 $26,322
SARAH DUNN CHAIR 5.00
Officer Director
$0 $0 $0
KEVIN DORAN VICE-CHAIR 5.00
Officer Director
$0 $0 $0
GARRETT FALZONE TREASURER 5.00
Officer Director
$0 $0 $0
SARA ROUCHE SECRETARY 5.00
Officer Director
$0 $0 $0
BRIANA JORDAN EMERITUS MEM 5.00
Director
$0 $0 $0
STONE JAMES MEMBER 5.00
Director
$0 $0 $0
NATHAN OTTO MEMBER 5.00
Director
$0 $0 $0
PAUL ANTLE MEMBER 5.00
Director
$0 $0 $0
ELIZABETH RICHARDSON MEMBER 5.00
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
2025 $6,755,529 $8,114,880 $13,893,410 $-1,359,351
2024 No data No data No data No data
2023 $7,026,513 $7,864,552 $13,624,821 $-838,039
2022 $6,168,174 $6,979,195 $14,833,118 $-811,021
2021 $7,567,169 $6,486,321 $15,811,228 $1,080,848
2020 $7,468,000 $7,820,474 $14,050,076 $-352,474
2019 $6,289,320 $7,636,934 $15,219,645 $-1,347,614
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