Civic Intelligence

Palma Promotions Incorporated

EIN 54-1697206 • 501(c)3 • Mineral, VA

Profile

To support palma rifle team international competitions for non-professionals

PO Box 441Mineral, VA 23117

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

56th percentile

4.6%

Higher net margin than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

18th percentile

-46%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $690 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $690 (-100%) from 2020

Operations
Liabilities / RevenueScore unavailableNet Margin56th percentile

Revenue

Down

$14,148

Down $44,238 (-76%) from 2020

Expenses

Down

$13,491

Down $44,252 (-77%) from 2020

Net Income

Up

$657

Up $14 (+2.2%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2012: $6,130Liabilities 2012: $1,0312012Assets 2013: $10,853Liabilities 2013: $02013Assets 2014: $35,786Liabilities 2014: $3402014Assets 2015: $49,612Liabilities 2015: $0Net Assets 2015: $49,6122015Assets 2016: $2,016Liabilities 2016: $0Net Assets 2016: $2,0162016Assets 2017: $9,946Liabilities 2017: $10,521Net Assets 2017: -$5752017Assets 2018: $10,927Liabilities 2018: $35Net Assets 2018: $10,8922018Assets 2019: $47Liabilities 2019: $0Net Assets 2019: $472019Assets 2020: $690Liabilities 2020: $0Net Assets 2020: $6902020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $130,401Expenses 2012: $216,965Net Income 2012: -$86,5642012Revenue 2013: $24,486Expenses 2013: $18,732Net Income 2013: $5,7542013Revenue 2014: $79,404Expenses 2014: $54,811Net Income 2014: $24,5932014Revenue 2015: $61,113Expenses 2015: $46,947Net Income 2015: $14,1662015Revenue 2016: $74,140Expenses 2016: $121,736Net Income 2016: -$47,5962016Revenue 2017: $157,041Expenses 2017: $159,632Net Income 2017: -$2,5912017Revenue 2018: $15,691Expenses 2018: $11,422Net Income 2018: $4,2692018Revenue 2019: $47,976Expenses 2019: $60,295Net Income 2019: -$12,3192019Revenue 2020: $58,386Expenses 2020: $57,743Net Income 2020: $6432020Revenue 2021: $14,148Expenses 2021: $13,491Net Income 2021: $6572021

Highlighted filing

2021

Revenue$14,148
Expenses$13,491
Net Income$657
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$14,148
Expenses
$13,491
Net income
$657
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.14$0.13$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.58$0.58$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.48$0.60$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.16$0.11$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.11$0.01$1.57$1.60$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.74$1.22$0.48
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.61$0.47$0.14
2014Summary only. Only limited summary data is available for this year.$0.36$0.00$0.79$0.55$0.25
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.24$0.19$0.06
2012Summary only. Only limited summary data is available for this year.$0.06$0.01$1.30$2.17$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2020 to Feb 28, 2021
Signed
May 25, 2021
Return Version
2020v4.1
Gross Receipts
$14,148
Mission and Program Overview

Mission

To support palma rifle team international competitions for non-professionals

Program Services

DescriptionGrantsExpenses
DONATIONS TO PROVIDE EXPENSES SO THAT THE NON-PROFESSIONALMEMBERS OF THE PALMA RIFLE TEAMS CAN COMPETEINTERNATIONALLY$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID E FIEHTNERDirectorPT$0--
LESLIE COOKDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Palma Promotions Inc
EIN
54-1697206
Phone
8653007553
Address
PO Box 441, Mineral, VA 23117

Signing Officer

Name
David Fiehtner
Title
Director
Phone
8653007553
Signed
2021-05-25

Preparer

Firm
Deborah Taylor
Address
3943 Spyglass Dr, Maryville, TN 37801
Preparer
Deborah Taylor
Phone
8653101805
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Support of various rifle teams; donation; various rifle teams: , , , ; , 6998.”

Form 990EZ, Part I, Line 20

“close out”

Form 990EZ, Part II, Line 26

“CREDIT CARD BALANCE”

Raw XML Appendix169 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/PersonNm0DAVID FIEHTNER
IRS990EZ/BooksInCareOfDetail/PhoneNum08653007553
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05634 HUTTON RIDGE RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARYVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037801
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0690
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013475
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0657
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0758
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0690
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt06998
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt014148
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0690
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0690
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt01903
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID E FIEHTNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LESLIE COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-1347
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT PALMA RIFLE TEAM INTERNATIONAL COMPETITIONS FOR NON-PROFESSIONALS
IRS990EZ/PrintingPublicationsPostageAmt03832
IRS990EZ/ProgramServiceRevenueAmt0673
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DONATIONS TO PROVIDE EXPENSES SO THAT THE NON-PROFESSIONALMEMBERS OF THE PALMA RIFLE TEAMS CAN COMPETEINTERNATIONALLY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013491
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt014148
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt047976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0157041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0292569
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0292569
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt047976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0157041
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0292569
IRS990ScheduleA/TotalSupportAmt0292569
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-02-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt03096
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0RIFLE TEAM
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0PALMA RIFLE TEAM
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 441
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0MINERAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0VA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd023117
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORT OF VARIOUS RIFLE TEAMS; DONATION; VARIOUS RIFLE TEAMS: , , , ; , 6998.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1close out
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD BALANCE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID FIEHTNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08653007553
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMA PROMOTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0541697206
ReturnHeader/Filer/PhoneNum08653007553
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 441
ReturnHeader/Filer/USAddress/CityNm0Mineral
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023117
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Deborah Taylor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03943 Spyglass Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Maryville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037801
ReturnHeader/PreparerPersonGrp/PhoneNum08653101805
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deborah Taylor
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-27T09:52:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FIEHTNER
ReturnHeader/TaxPeriodBeginDt02020-03-01
ReturnHeader/TaxPeriodEndDt02021-02-28
ReturnHeader/TaxYr02020

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