Civic Intelligence

The Palermo Foundation Inc

990PF • Fiscal year 2020 • EIN 02-0548845

Jan 01, 2020 to Dec 31, 2020 • Filed on May 19, 2021

Organization ProfileWWW.PALERMOFOUNDATION.ORG
CO Boutzalis 377 Oak Street No 4Garden City, NY 11530

(516) 338-5099

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.59x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

2.44x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Net Margin

95th percentile

93%

Higher net margin than 95% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

77%

Faster asset growth than 86% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

909%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$213,936

Up $93,193 (+77%) from 2019

Net Assets

Up

$87,999

Up $47,816 (+119%) from 2019

Liabilities

Up

$125,937

Up $45,377 (+56%) from 2019

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin95th percentile

Revenue

Up

$51,587

Up $46,473 (+909%) from 2019

Expenses

Down

$3,771

Down $4,084 (-52%) from 2019

Net Income

Up

$47,816

Up $50,557 (+1844%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2012: $28,842Liabilities 2012: $3,116Net Assets 2012: $25,7262012Assets 2013: $58,954Liabilities 2013: $7,919Net Assets 2013: $51,0352013Assets 2014: $115,634Liabilities 2014: $89,4952014Assets 2015: $65,543Liabilities 2015: $31,277Net Assets 2015: $34,2662015Assets 2016: $46,548Liabilities 2016: $28,140Net Assets 2016: $18,4082016Assets 2017: $60,717Liabilities 2017: $42,919Net Assets 2017: $17,7982017Assets 2018: $48,932Liabilities 2018: $5,819Net Assets 2018: $43,1132018Assets 2019: $120,743Liabilities 2019: $80,560Net Assets 2019: $40,1832019Assets 2020: $213,936Liabilities 2020: $125,937Net Assets 2020: $87,9992020Assets 2021: $296,031Liabilities 2021: $171,226Net Assets 2021: $124,8052021Assets 2022: $136,758Liabilities 2022: $19,840Net Assets 2022: $116,9182022Assets 2023: $168,010Liabilities 2023: $42,348Net Assets 2023: $125,6622023Assets 2024: $263,073Liabilities 2024: $155,002Net Assets 2024: $108,0712024

Highlighted filing

2020

Assets$213,936
Liabilities$125,937
Net Assets$87,999
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20K-$40KExpenses 2012: $3,3182012Revenue 2013: $14,723Expenses 2013: $7,221Net Income 2013: $7,5022013Revenue 2014: -$19,044Expenses 2014: $6,151Net Income 2014: -$25,1952014Revenue 2015: $15,537Expenses 2015: $7,410Net Income 2015: $8,1272015Revenue 2016: -$10,330Expenses 2016: $5,528Net Income 2016: -$15,8582016Revenue 2017: $4,450Expenses 2017: $5,060Net Income 2017: -$6102017Revenue 2018: $31,190Expenses 2018: $5,875Net Income 2018: $25,3152018Revenue 2019: $5,114Expenses 2019: $7,855Net Income 2019: -$2,7412019Revenue 2020: $51,587Expenses 2020: $3,771Net Income 2020: $47,8162020Revenue 2021: $47,167Expenses 2021: $10,361Net Income 2021: $36,8062021Revenue 2022: $5,332Expenses 2022: $13,219Net Income 2022: -$7,8872022Revenue 2023: $20,123Expenses 2023: $11,379Net Income 2023: $8,7442023Revenue 2024: $1,547Expenses 2024: $19,138Net Income 2024: -$17,5912024

Highlighted filing

2020

Revenue$51,587
Expenses$3,771
Net Income$47,816
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 19, 2021
Return Version
2020v4.1
Mission and Program Overview

Mission

Provide funding for fertility research

Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GIANPIERO D PALERMO MDDirector, PresidentPT$0--
ANNA M BOUTZALIS CPADirector, Treasurer-$0--
ROCCO IACOVIELLO ESQDirector, VP/Secretary-$0--
Filing and Contact Details

Filer

Filer Name
The Palermo Foundation
EIN
02-0548845
Phone
5163385099
Address
CO BOUTZALIS 377 OAK STREET NO 4, GARDEN CITY, NY 11530

Signing Officer

Name
Gianpiero D Palermo
Title
Director
Phone
5163385099
Signed
2021-05-19
Discuss with paid preparer
Yes

Preparer

Firm
A M Boutzalis CPA Pc
Address
377 OAK ST SUITE 407, GARDEN CITY, NY 11530
Preparer
Anna M Boutzalis
Phone
5163385099
Raw XML Appendix326 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0377 OAK STREET
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0GARDEN CITY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd011530
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum05163385099
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.PALERMOFOUNDATION.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0RESEARCH TO FIND NEW TECHNOLOGIES FOR FERTILITY TREATMENTS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0INCREASING THE AVAILABILITY OF INFORMATION FOR HOPEFUL PARENTS AND THE MEDICAL COMMUNITY.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
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IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0769
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt03116
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt0549
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt0549
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt0549
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0769
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0549
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt01798
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
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OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0300
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0300
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0NYS FILING FEE
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt050
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1232
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt050
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1232
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt074741
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0DUE TO BROKER
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0118860
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GIANPIERO D PALERMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05163385099
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PALERMO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PALE
ReturnHeader/Filer/EIN0020548845
ReturnHeader/Filer/PhoneNum05163385099
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO BOUTZALIS 377 OAK STREET NO 4
ReturnHeader/Filer/USAddress/CityNm0GARDEN CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011530
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113406559
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A M BOUTZALIS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0377 OAK ST SUITE 407
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GARDEN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011530
ReturnHeader/PreparerPersonGrp/PhoneNum05163385099
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA M BOUTZALIS
ReturnHeader/ReturnTs02021-06-01T09:31:37-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GIANPIERO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PALERMO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$213,936
Liabilities
$125,937
Net assets
$87,999
Revenue
$51,587
Expenses
$3,771
Net income
$47,816
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.63$1.55$1.08$0.02$0.19$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.42$1.26$0.20$0.11$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.20$1.17$0.05$0.13$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$1.71$1.25$0.47$0.10$0.37
2020Detailed filing. Detailed filing data is available for this year.$2.14$1.26$0.88$0.52$0.04$0.48
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.81$0.40$0.05$0.08$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.06$0.43$0.31$0.06$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.43$0.18$0.04$0.05$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.28$0.18$0.10$0.06$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.31$0.34$0.16$0.07$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.89$0.19$0.06$0.25
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.59$0.08$0.51$0.15$0.07$0.08
2012Detailed filing. Detailed filing data is available for this year.$0.29$0.03$0.26$0.03