Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
EIN 02-0548845 • 501(c)3 • Garden City, NY
Profile
Provide funding for fertility research
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Assets
Up$263,073
Up $95,063 (+57%) from 2023
Liabilities
Up$155,002
Up $112,654 (+266%) from 2023
Net Assets
Down$108,071
Down $17,591 (-14%) from 2023
Revenue
Down$1,547
Down $18,576 (-92%) from 2023
Expenses
Up$19,138
Up $7,759 (+68%) from 2023
Net Income
Down-$17,591
Down $26,335 (-301%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Provide funding for fertility research
| Description | Grants | Expenses |
|---|---|---|
| FINDING NEW TECHNOLOGIES FOR FERTILITY TREATMENTS AND INCREASING AVAILABILITY AND AWARENESS FOR BOTH THE MEDICAL COMMUNITY AND THE GENERAL PUBLIC. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GIANPIERO PALERMO MD | President | PT | $0 | - | - |
| ANNA BOUTZALIS CPA | Treasurer | - | $0 | - | - |
| ROCCO IACOVIELLO ESQ | Secretary | - | $0 | - | - |
“Description: td ameritrade# 4192. Amount: 295. Description: charles schwab a/c. Amount: 1,058. Total included on form 990-ez, line 4: 1,353.”
“Affiliate name: god's love we deliver. Affiliate address: 166 avenue of the americas new york, ny 10013. Purpose of payment: educational. Amount of payment: 1,000.”
“Affiliate name: sag harbor cinema. Affiliate address: po box 152 sag harbor, ny 11963. Purpose of payment: educational. Amount of payment: 79.”
“Affiliate name: thomas edison energy smart charter school. Affiliate address: 150 pierce st somerset, nj 08873. Purpose of payment: educational. Amount of payment: 117.”
“Affiliate name: rand concours. Affiliate address: 900 lumber lane bridgehampton, ny 11932. Purpose of payment: educational. Amount of payment: 370.”
“Affiliate name: southhampton arts center. Affiliate address: 25 jobs lane southampton, ny 11968. Purpose of payment: educational. Amount of payment: 374. Total included on form 990-ez, line 10: 1,940.”
“Description: interest. Amount: 15,970. Description: advertising. Amount: 226. Description: filing fees. Amount: 50. Description: office supplies. Amount: 952. Total to form 990-ez, line 16: 17,198.”
“Description: other assets. Beg. Of year amount: 0. End of year amount: 1,261.”
“Description: due to broker. Beg. Of year amount: 25,552. End of year amount: 155,002. Description: loans from officers, directors. Beg. Of year amount: 16,796. End of year amount: 0.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ANNA M BOUTZALIS CPA PC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5163385099 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 377 OAK STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GARDEN CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11530 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 168010 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 261812 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 194 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -17591 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 168010 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 263073 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 1940 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1547 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1353 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 125662 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 108071 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 125662 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 108071 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GIANPIERO PALERMO MD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANNA BOUTZALIS CPA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROCCO IACOVIELLO ESQ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1261 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 17198 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE FUNDING FOR FERTILITY RESEARCH |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FINDING NEW TECHNOLOGIES FOR FERTILITY TREATMENTS AND INCREASING AVAILABILITY AND AWARENESS FOR BOTH THE MEDICAL COMMUNITY AND THE GENERAL PUBLIC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 42348 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 155002 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 19138 |
| IRS990EZ/TotalRevenueAmt | 0 | 1547 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.PALERMOFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 194 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5560 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5754 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5754 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 194 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5560 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 5754 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 5754 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: TD AMERITRADE# 4192. AMOUNT: 295. DESCRIPTION: CHARLES SCHWAB A/C. AMOUNT: 1,058. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,353. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AFFILIATE NAME: GOD'S LOVE WE DELIVER. AFFILIATE ADDRESS: 166 AVENUE OF THE AMERICAS NEW YORK, NY 10013. PURPOSE OF PAYMENT: EDUCATIONAL. AMOUNT OF PAYMENT: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AFFILIATE NAME: SAG HARBOR CINEMA. AFFILIATE ADDRESS: PO BOX 152 SAG HARBOR, NY 11963. PURPOSE OF PAYMENT: EDUCATIONAL. AMOUNT OF PAYMENT: 79. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AFFILIATE NAME: THOMAS EDISON ENERGY SMART CHARTER SCHOOL. AFFILIATE ADDRESS: 150 PIERCE ST SOMERSET, NJ 08873. PURPOSE OF PAYMENT: EDUCATIONAL. AMOUNT OF PAYMENT: 117. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AFFILIATE NAME: RAND CONCOURS. AFFILIATE ADDRESS: 900 LUMBER LANE BRIDGEHAMPTON, NY 11932. PURPOSE OF PAYMENT: EDUCATIONAL. AMOUNT OF PAYMENT: 370. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AFFILIATE NAME: SOUTHHAMPTON ARTS CENTER. AFFILIATE ADDRESS: 25 JOBS LANE SOUTHAMPTON, NY 11968. PURPOSE OF PAYMENT: EDUCATIONAL. AMOUNT OF PAYMENT: 374. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 1,940. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DESCRIPTION: INTEREST. AMOUNT: 15,970. DESCRIPTION: ADVERTISING. AMOUNT: 226. DESCRIPTION: FILING FEES. AMOUNT: 50. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 952. TOTAL TO FORM 990-EZ, LINE 16: 17,198. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | DESCRIPTION: OTHER ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,261. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | DESCRIPTION: DUE TO BROKER. BEG. OF YEAR AMOUNT: 25,552. END OF YEAR AMOUNT: 155,002. DESCRIPTION: LOANS FROM OFFICERS, DIRECTORS. BEG. OF YEAR AMOUNT: 16,796. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GIANPIERO D PALERMO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5163385099 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE PALERMO FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PALE |
| ReturnHeader/Filer/EIN | 0 | 020548845 |
| ReturnHeader/Filer/PhoneNum | 0 | 5163385099 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | CO BOUTZALIS 377 OAK STREET 407 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GARDEN CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11530 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113406559 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | A M BOUTZALIS CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 377 OAK ST SUITE 407 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GARDEN CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11530 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5163385099 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANNA M BOUTZALIS |
| ReturnHeader/ReturnTs | 0 | 2025-06-18T15:16:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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