Civic Intelligence

Palm Inc

990EZ • Fiscal year 2017 • EIN 38-2603689

Nov 01, 2016 to Oct 31, 2017 • Filed on Feb 12, 2018

Organization ProfileWWW.PALMBIKETOUR.ORG
2309 Bartlett RoadPleasant Lake, MI 49272

(517) 596-3374

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

61st percentile

7.9%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

4.1%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$72,685

Up $11,955 (+20%) from 2016

Net Assets

Up

$72,685

Up $11,955 (+20%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin61st percentile

Revenue

Up

$150,601

Up $5,998 (+4.1%) from 2016

Expenses

Down

$138,648

Down $11,746 (-7.8%) from 2016

Net Income

Up

$11,953

Up $17,744 (+306%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$200K$150K$100K$50K$0Assets 2011: $59,060Liabilities 2011: $02011Assets 2012: $56,668Liabilities 2012: $02012Assets 2013: $63,369Liabilities 2013: $0Net Assets 2013: $63,3692013Assets 2014: $69,107Liabilities 2014: $0Net Assets 2014: $69,1072014Assets 2015: $66,520Liabilities 2015: $0Net Assets 2015: $66,5202015Assets 2016: $60,730Liabilities 2016: $0Net Assets 2016: $60,7302016Assets 2017: $72,685Liabilities 2017: $0Net Assets 2017: $72,6852017Assets 2018: $68,559Liabilities 2018: $0Net Assets 2018: $68,5592018Assets 2019: $80,438Liabilities 2019: $0Net Assets 2019: $80,4382019Assets 2020: $155,425Liabilities 2020: $81,784Net Assets 2020: $73,6412020Assets 2021: $162,883Liabilities 2021: $93,729Net Assets 2021: $69,1542021Assets 2022: $79,114Liabilities 2022: $0Net Assets 2022: $79,1142022Assets 2023: $83,836Liabilities 2023: $0Net Assets 2023: $83,8362023

Highlighted filing

2017

Assets$72,685
Liabilities$0
Net Assets$72,685
Open 2017 Filing

Operations Trend

Revenue Growth60th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $150,929Expenses 2011: $153,184Net Income 2011: -$2,2552011Revenue 2012: $138,199Expenses 2012: $140,591Net Income 2012: -$2,3922012Revenue 2013: $160,418Expenses 2013: $153,718Net Income 2013: $6,7002013Revenue 2014: $145,505Expenses 2014: $139,767Net Income 2014: $5,7382014Revenue 2015: $136,396Expenses 2015: $138,982Net Income 2015: -$2,5862015Revenue 2016: $144,603Expenses 2016: $150,394Net Income 2016: -$5,7912016Revenue 2017: $150,601Expenses 2017: $138,648Net Income 2017: $11,9532017Revenue 2018: $135,742Expenses 2018: $139,868Net Income 2018: -$4,1262018Revenue 2019: $142,901Expenses 2019: $131,022Net Income 2019: $11,8792019Revenue 2020: $30Expenses 2020: $6,827Net Income 2020: -$6,7972020Revenue 2021: $4Expenses 2021: $4,491Net Income 2021: -$4,4872021Revenue 2022: $133,436Expenses 2022: $123,478Net Income 2022: $9,9582022Revenue 2023: $100,988Expenses 2023: $96,266Net Income 2023: $4,7222023

Highlighted filing

2017

Revenue$150,601
Expenses$138,648
Net Income$11,953
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2016 to Oct 31, 2017
Signed
Feb 12, 2018
Return Version
2016v3.1
Gross Receipts
$150,601
Mission and Program Overview

Mission

Promote, organize and sponsor a multi-day ride across lower michigan

Promote bycicle health and safety to the public.

Program Services

DescriptionGrantsExpenses
TO PROMOTE, ORGANIZE AND SPONSOR A MULTI-DAY BICYCLE RIDE ACCROSS LOWER MICHIGAN.-$136,985
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICIA KENYONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Palm Inc
EIN
38-2603689
Phone
5175963374
Address
2309 BARTLETT ROAD, PLEASANT LAKE, MI 49272

Signing Officer

Name
Patricia Kenyon
Title
Treasurer
Phone
5175963374
Signed
2018-02-12

Preparer

Firm
Markowski & Company Cpas
Address
2880 SPRING ARBOR ROAD, JACKSON, MI 49203
Preparer
Scott O Mclane
Phone
5177829351
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 650 office 846 travel 5,518 bank fees 71 bike shops 1,000 childrens activities 398 clothing 13,954 contributions 991 dues & subscriptions 152 insurance 4,384 licenses & permits 20 meals & entertainment 96 mileposts 444 publicity 357 rent 950 riders gifts 3,739 route expenses 2,941 site costs 76,870 telephone 1,478 transportation 14,770 supplies 733 total 130,362”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 3,707 2,124 total 3,707 2,124”

Raw XML Appendix91 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICIA KENYON
IRS990EZ/BooksInCareOfDetail/PhoneNum05175963374
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02309 BARTLETT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLEASANT LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049272
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt057025
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt070561
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011953
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0630
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt060732
IRS990EZ/Form990TotalAssetsGrp/EOYAmt072685
IRS990EZ/GrossReceiptsAmt0150601
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt030
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt060732
IRS990EZ/NetAssetsOrFundBalancesEOYAmt072685
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt060732
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt072685
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICIA KENYON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03707
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02124
IRS990EZ/OtherExpensesTotalAmt0130362
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE BYCICLE HEALTH AND SAFETY TO THE PUBLIC.
IRS990EZ/PrintingPublicationsPostageAmt07656
IRS990EZ/ProgramServiceRevenueAmt0150571
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE, ORGANIZE AND SPONSOR A MULTI-DAY BICYCLE RIDE ACCROSS LOWER MICHIGAN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0136985
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0138648
IRS990EZ/TotalProgramServiceExpensesAmt0136985
IRS990EZ/TotalRevenueAmt0150601
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PALMBIKETOUR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 650 OFFICE 846 TRAVEL 5,518 BANK FEES 71 BIKE SHOPS 1,000 CHILDRENS ACTIVITIES 398 CLOTHING 13,954 CONTRIBUTIONS 991 DUES & SUBSCRIPTIONS 152 INSURANCE 4,384 LICENSES & PERMITS 20 MEALS & ENTERTAINMENT 96 MILEPOSTS 444 PUBLICITY 357 RENT 950 RIDERS GIFTS 3,739 ROUTE EXPENSES 2,941 SITE COSTS 76,870 TELEPHONE 1,478 TRANSPORTATION 14,770 SUPPLIES 733 TOTAL 130,362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 3,707 2,124 TOTAL 3,707 2,124
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA KENYON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05175963374
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALM INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0382603689
ReturnHeader/Filer/PhoneNum05175963374
ReturnHeader/Filer/USAddress/AddressLine1Txt02309 BARTLETT ROAD
ReturnHeader/Filer/USAddress/CityNm0PLEASANT LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049272
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId028E5E9F0B94B8325533302DC7A0BDED3EAC7836D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E1D86148532C0761FED6F40C13BAE8D6F2E7E957
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261586024
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARKOWSKI & COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02880 SPRING ARBOR ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049203
ReturnHeader/PreparerPersonGrp/PhoneNum05177829351
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT O MCLANE
ReturnHeader/ReturnTs02018-02-15T09:23:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-11-01
ReturnHeader/TaxPeriodEndDt02017-10-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,685
Liabilities
$0
Net assets
$72,685
Revenue
$150,601
Expenses
$138,648
Net income
$11,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$1.01$0.96$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.00$0.79$1.33$1.23$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.63$0.94$0.69$0.00$0.04$0.04
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.55$0.82$0.74$0.00$0.07$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$1.43$1.31$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.00$0.69$1.36$1.40$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$1.51$1.39$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.00$0.61$1.45$1.50$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.00$0.67$1.36$1.39$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$1.46$1.40$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.00$0.63$1.60$1.54$0.07
2012Summary only. Only limited summary data is available for this year.$0.57$0.00$1.38$1.41$0.02
2011Summary only. Only limited summary data is available for this year.$0.59$0.00$1.51$1.53$0.02