Civic Intelligence

Walter B Palmer Foundation Inc

990 • Fiscal year 2015 • EIN 31-1469468

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 23, 2016

Organization ProfileN/A
2 South Campus AvenueOxford, OH 45056-1872

(513) 523-6345

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.01x

Higher debt load relative to assets than 2% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

16th percentile

0.18x

Higher debt load relative to revenue than 16% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Net Margin

97th percentile

53%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2015 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2015

Asset Growth

44th percentile

-0.9%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

12th percentile

-5.7%

Faster revenue growth than 12% of similar nonprofits.

2015 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Down

$7,983,046

Down $68,814 (-0.9%) from 2014

Net Assets

Down

$7,908,054

Down $68,500 (-0.9%) from 2014

Liabilities

Down

$74,992

Down $314 (-0.4%) from 2014

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin97th percentile

Revenue

Down

$406,301

Down $24,637 (-5.7%) from 2014

Expenses

Up

$192,216

Up $91,146 (+90%) from 2014

Net Income

Down

$214,085

Down $115,783 (-35%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$15M$10M$5.0M$0Assets 2010: $6,674,422Liabilities 2010: $64,454Net Assets 2010: $6,609,9682010Assets 2011: $6,747,393Liabilities 2011: $63,844Net Assets 2011: $6,683,5492011Assets 2012: $7,249,867Liabilities 2012: $90,801Net Assets 2012: $7,159,0662012Assets 2013: $7,784,255Liabilities 2013: $64,810Net Assets 2013: $7,719,4452013Assets 2014: $8,051,860Liabilities 2014: $75,306Net Assets 2014: $7,976,5542014Assets 2015: $7,983,046Liabilities 2015: $74,992Net Assets 2015: $7,908,0542015Assets 2016: $8,380,021Liabilities 2016: $74,192Net Assets 2016: $8,305,8292016Assets 2017: $9,005,372Liabilities 2017: $144,364Net Assets 2017: $8,861,0082017Assets 2020: $10,442,489Liabilities 2020: $83,097Net Assets 2020: $10,359,3922020Assets 2021: $11,563,109Liabilities 2021: $469,109Net Assets 2021: $11,094,0002021Assets 2022: $10,403,716Liabilities 2022: $106,846Net Assets 2022: $10,296,8702022Assets 2024: $11,275,709Liabilities 2024: $80,773Net Assets 2024: $11,194,9362024

Highlighted filing

2015

Assets$7,983,046
Liabilities$74,992
Net Assets$7,908,054
Open 2015 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $75,5812010Expenses 2011: $77,2102011Expenses 2012: $142,8162012Revenue 2013: $470,924Expenses 2013: $85,014Net Income 2013: $385,9102013Revenue 2014: $430,938Expenses 2014: $101,070Net Income 2014: $329,8682014Revenue 2015: $406,301Expenses 2015: $192,216Net Income 2015: $214,0852015Revenue 2016: $380,411Expenses 2016: $92,217Net Income 2016: $288,1942016Revenue 2017: $769,402Expenses 2017: $431,276Net Income 2017: $338,1262017Revenue 2020: $494,065Expenses 2020: $343,793Net Income 2020: $150,2722020Revenue 2021: $556,769Expenses 2021: $137,563Net Income 2021: $419,2062021Revenue 2022: $349,092Expenses 2022: $589,893Net Income 2022: -$240,8012022Revenue 2024: $246,138Expenses 2024: $283,328Net Income 2024: -$37,1902024

Highlighted filing

2015

Revenue$406,301
Expenses$192,216
Net Income$214,085
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 23, 2016
Return Version
2015v2.1
Gross Receipts
$451,749
Mission and Program Overview

Mission

The purpose of the Walter B. Palmer Foundation, Inc. is to assist Phi Delta Theta House Corporations and Phi Delta Theta General Fraternity by providing financial capital for acquisitions of chapter houses, improving and updating current chapter houses (including life safety improvements), and preserving prime property locations at which no Phi Delta Theta Chapter is currently located, as well as providing support for fundraising projects to support the above activities. The Foundation should follow investment practices that further its capital strength in order to pursue the above goals, and for the betterment of the Phi Delta Theta International Fraternity.

Provide financial capital to assist phi delta theta house corporations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,398,070$3,295,899▼ $102,171
Other Notes and Loans Receivable, Net$3,363,029$3,252,341▼ $110,688
Savings and Temporary Cash Investments$939,352$1,078,169▲ $138,817
Investments Other Securities$251,417$251,417→ $0
Total Assets$8,051,860$7,983,046▼ $68,814
Other Assets Total$99,992$105,220▲ $5,228
Liabilities
Other Liabilities$48,366$49,916▲ $1,550
Accounts Payable and Accrued Expenses$26,940$25,076▼ $1,864
Total Liabilities$75,306$74,992▼ $314
Net Assets / Fund Balance
Unrestricted Net Assets$7,976,554$7,908,054▼ $68,500
Total Net Assets Fund Balance$7,976,554$7,908,054▼ $68,500
Total Liabilities and Net Assets / Fund Balance$8,051,860$7,983,046▼ $68,814
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Carl MelbyPresident
Bart ReuterVice President
Chris YoungTrustee
Doug WilesTrustee
Joe KohoutTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$187,851
Investment Income
$208,690
Other Revenue
$9,760
Change in Net Assets
$214,085

Audited Revenue Reconciliation

Revenue per Audited Statements
$406,301
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-282,585
Total Revenue per Audited Statements
$123,716
Total Revenue per Form 990
$406,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting---$119,379
Fees for Service Investment Mgmnt Fees---$31,542
Travel---$24,419
Occupancy---$4,502
Other Expenses---$744
Total Functional Expenses$0$0$0$192,216

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$192,216
Total Expenses per Audited Statements$192,216
Total Expenses per Form 990$192,216
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Custodial Acct - CA I$22,998
Custodial Acct - Ink$19,846
Custodial Account Wae$7,072
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The organization's 990 is reviewed with the chairman.”

Form 990, Part VI, Section B, Line 12C

“The activities of the organization typically do not involve situations that would give rise to conflicts of interest. Should a potential conflict arise, the trustees are actively involved in the activities of the organization and they would review the transaction.”

Form 990, Part VI, Section B, Line 15

“The organization shares employees with phi delta theta fraternity. Compensation is determined at that level.”

Form 990, Part VI, Section C, Line 19

“The governing documents, policies, and financial statements of the organization are available for public inspection upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Walter B Palmer Foundation Inc
EIN
31-1469468
Phone
5135236345
Address
2 SOUTH CAMPUS AVENUE, OXFORD, OH 45056-1872

Signing Officer

Name
Carl B Melby Chairman
Title
President
Phone
5135236345
Signed
2016-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Kohout
Formed
1924
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Somerset Cpas Pc
Address
3925 RIVER CROSSING PKWY, INDIANAPOLIS, IN 46240
Preparer
Matthew W Utterback CPA
Phone
3174722200
Raw XML Appendix305 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt026940
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025076
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE FINANCIAL CAPITAL TO ASSIST PHI DELTA THETA HOUSE CORPORATIONS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELANIE CLAYTON
IRS990/BooksInCareOfDetail/PhoneNum03135236345
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02 SOUTH CAMPUS AVENUE OXFORD OH
IRS990/BooksInCareOfDetail/USAddress/CityNm0OXFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045056
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0208690
IRS990/CYOtherExpensesAmt0192216
IRS990/CYOtherRevenueAmt09760
IRS990/CYProgramServiceRevenueAmt0187851
IRS990/CYRevenuesLessExpensesAmt0214085
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0192216
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0406301
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDING FINANCIAL CAPITAL FOR ACQUISITION OF CHAPTER HOUSES, IMPROVING AND UPDATING CURRENT CHAPTER HOUSES (INCLUDING LIFE SAFETY IMPROVEMENTS), AND PRESERVING PRIME PROPERTY LOCATIONS AT WHICH NO PHI DELTA THETA CHAPTER IS CURRENTLY LOCATED, AS WELL AS PROVIDING SUPPORT FOR FUNDRAISING PROJECTS TO SUPPORT THOSE ACTIVITIES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt0119379
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt031542
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CARL MELBY
IRS990/Form990PartVIISectionAGrp/PersonNm1BART REUTER
IRS990/Form990PartVIISectionAGrp/PersonNm2JOE KOHOUT
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm4DOUG WILES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01924
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt015576
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt061024
IRS990/GrossReceiptsAmt0451749
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0193114
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0193114
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0251417
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0251417
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03398070
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03295899
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt045448
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE WALTER B. PALMER FOUNDATION, INC. IS TO ASSIST PHI DELTA THETA HOUSE CORPORATIONS AND PHI DELTA THETA GENERAL FRATERNITY BY PROVIDING FINANCIAL CAPITAL FOR ACQUISITION OF CHAPTER HOUSES, IMPROVING AND UPDATING CURRENT CHAPTER HOUSES (INCLUDING LIFE SAFETY IMPROVEMENTS), AND PRESERVING PRIME PROPERTY LOCATIONS AT WHICH NO PHI DELTA THETA CHAPTER IS CURRENTLY LOCATED, AS WELL AS PROVIDING SUPPORT FOR FUNDRAISING PROJECTS TO SUPPORT THOSE ACTIVITIES.THE FOUNDATION SHOULD FOLLOW INVESTMENT PRACTICES THAT FURTHER ITS CAPITAL STRENGTH IN ORDER TO PURSUE THE ABOVE GOALS, AND FOR THE BETTERMENT OF THE PHI DELTA THETA INTERNATIONAL FRATERNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07976554
IRS990/NetAssetsOrFundBalancesEOYAmt07908054
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt015576
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt015576
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-282585
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt04502
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt099992
IRS990/OtherAssetsTotalGrp/EOYAmt0105220
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEE EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt011630
IRS990/OtherExpensesGrp/TotalAmt1744
IRS990/OtherLiabilitiesGrp/BOYAmt048366
IRS990/OtherLiabilitiesGrp/EOYAmt049916
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09760
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09760
IRS990/OtherRevenueTotalAmt09760
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03363029
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03252341
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOE KOHOUT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0220484
IRS990/PYOtherExpensesAmt0101070
IRS990/PYOtherRevenueAmt02625
IRS990/PYProgramServiceRevenueAmt0207829
IRS990/PYRevenuesLessExpensesAmt0329868
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0101070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0430938
IRS990/ReconcilationRevenueExpnssAmt0214085
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0939352
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01078169
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0192216
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-282585
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022998
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119846
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27072
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTODIAL ACCT - CA I
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTODIAL ACCT - INK
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CUSTODIAL ACCOUNT WAE
IRS990ScheduleD/RevenueNotReportedAmt0-282585
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0406301
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0192216
IRS990ScheduleD/TotalLiabilityAmt049916
IRS990ScheduleD/TotalRevenuePerForm990Amt0406301
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0123716
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0192216
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S 990 IS REVIEWED WITH THE CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ACTIVITIES OF THE ORGANIZATION TYPICALLY DO NOT INVOLVE SITUATIONS THAT WOULD GIVE RISE TO CONFLICTS OF INTEREST. SHOULD A POTENTIAL CONFLICT ARISE, THE TRUSTEES ARE ACTIVELY INVOLVED IN THE ACTIVITIES OF THE ORGANIZATION AND THEY WOULD REVIEW THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION SHARES EMPLOYEES WITH PHI DELTA THETA FRATERNITY. COMPENSATION IS DETERMINED AT THAT LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08051860
IRS990/TotalAssetsEOYAmt07983046
IRS990/TotalAssetsGrp/BOYAmt08051860
IRS990/TotalAssetsGrp/EOYAmt07983046
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0192216
IRS990/TotalGrossUBIAmt0208690
IRS990/TotalLiabilitiesBOYAmt075306
IRS990/TotalLiabilitiesEOYAmt074992
IRS990/TotalLiabilitiesGrp/BOYAmt075306
IRS990/TotalLiabilitiesGrp/EOYAmt074992
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07976554
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07908054
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0187851
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0187851
IRS990/TotalProgramServiceRevenueAmt0187851
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0197611
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0406301
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0208690
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08051860
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07983046
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt024419
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07976554
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07908054
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 SOUTH CAMPUS AVENUE
IRS990/USAddress/CityNm0OXFORD
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd0450561872
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CARL B MELBY CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05135236345
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALTER B PALMER FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WALT
ReturnHeader/Filer/EIN0311469468
ReturnHeader/Filer/PhoneNum05135236345
ReturnHeader/Filer/USAddress/AddressLine1Txt02 SOUTH CAMPUS AVENUE
ReturnHeader/Filer/USAddress/CityNm0OXFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0450561872
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201717681
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOMERSET CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03925 RIVER CROSSING PKWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03174722200
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW W UTTERBACK CPA
ReturnHeader/ReturnTs02016-10-14T08:10:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,983,046
Liabilities
$74,992
Net assets
$7,908,054
Revenue
$406,301
Expenses
$192,216
Net income
$214,085
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.08$11.2$0.25$0.28$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.11$10.3$0.35$0.59$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$0.47$11.1$0.56$0.14$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.08$10.4$0.49$0.34$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.01$0.14$8.86$0.77$0.43$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.38$0.07$8.31$0.38$0.09$0.29
2015Detailed filing. Detailed filing data is available for this year.$7.98$0.07$7.91$0.41$0.19$0.21
2014Detailed filing. Detailed filing data is available for this year.$8.05$0.08$7.98$0.43$0.10$0.33
2013Detailed filing. Detailed filing data is available for this year.$7.78$0.06$7.72$0.47$0.09$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.25$0.09$7.16$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.06$6.68$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$0.06$6.61$0.08