Civic Intelligence

Palmtrail Inc.

990 • Fiscal year 2014 • EIN 65-0324017

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

344 Palm TrailDelray Beach, FL 33483-5529

(561) 276-0656

Siviq Scores

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

Liabilities / Assets

69th percentile

0.32x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

84th percentile

0.96x

Higher debt load relative to revenue than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

25th percentile

-6.5%

Higher net margin than 25% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

36th percentile

$8,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

27th percentile

-3.0%

Faster asset growth than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-4.3%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,063,164

Down $33,163 (-3.0%) from 2013

Net Assets

Down

$728,206

Down $22,627 (-3.0%) from 2013

Liabilities

Down

$334,958

Down $10,536 (-3.0%) from 2013

Revenue

Down

$347,815

Down $15,698 (-4.3%) from 2013

Expenses

Up

$370,442

Up $1,648 (+0.4%) from 2013

Net Income

Down

-$22,627

Down $17,346 (-328%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,252,187Liabilities 2010: $407,062Net Assets 2010: $845,1252010Assets 2011: $1,215,912Liabilities 2011: $382,463Net Assets 2011: $833,4492011Assets 2012: $1,111,114Liabilities 2012: $355,713Net Assets 2012: $755,4012012Assets 2013: $1,096,327Liabilities 2013: $345,494Net Assets 2013: $750,8332013Assets 2014: $1,063,164Liabilities 2014: $334,958Net Assets 2014: $728,2062014Assets 2015: $1,019,167Liabilities 2015: $317,948Net Assets 2015: $701,2192015Assets 2016: $987,052Liabilities 2016: $334,021Net Assets 2016: $653,0312016Assets 2017: $1,537,934Liabilities 2017: $395,955Net Assets 2017: $1,141,9792017Assets 2018: $1,692,318Liabilities 2018: $385,071Net Assets 2018: $1,307,2472018Assets 2019: $1,830,803Liabilities 2019: $369,727Net Assets 2019: $1,461,0762019Assets 2020: $2,047,325Liabilities 2020: $452,644Net Assets 2020: $1,594,6812020Assets 2021: $2,656,138Liabilities 2021: $799,972Net Assets 2021: $1,856,1662021Assets 2022: $2,662,358Liabilities 2022: $702,284Net Assets 2022: $1,960,0742022Assets 2023: $2,681,524Liabilities 2023: $684,419Net Assets 2023: $1,997,1052023Assets 2024: $3,018,057Liabilities 2024: $652,865Net Assets 2024: $2,365,1922024

Highlighted filing

2014

Assets$1,063,164
Liabilities$334,958
Net Assets$728,206

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $248,217Expenses 2010: $274,738Net Income 2010: -$26,5212010Revenue 2011: $322,199Expenses 2011: $333,875Net Income 2011: -$11,6762011Expenses 2012: $393,9492012Revenue 2013: $363,513Expenses 2013: $368,794Net Income 2013: -$5,2812013Revenue 2014: $347,815Expenses 2014: $370,442Net Income 2014: -$22,6272014Revenue 2015: $341,877Expenses 2015: $368,864Net Income 2015: -$26,9872015Revenue 2016: $335,592Expenses 2016: $383,780Net Income 2016: -$48,1882016Revenue 2017: $743,429Expenses 2017: $254,481Net Income 2017: $488,9482017Revenue 2018: $373,508Expenses 2018: $208,240Net Income 2018: $165,2682018Revenue 2019: $412,043Expenses 2019: $202,809Net Income 2019: $209,2342019Revenue 2020: $463,847Expenses 2020: $309,297Net Income 2020: $154,5502020Revenue 2021: $509,148Expenses 2021: $364,810Net Income 2021: $144,3382021Revenue 2022: $412,711Expenses 2022: $267,954Net Income 2022: $144,7572022Revenue 2023: $333,601Expenses 2023: $286,863Net Income 2023: $46,7382023Revenue 2024: $466,887Expenses 2024: $512,429Net Income 2024: -$45,5422024

Highlighted filing

2014

Revenue$347,815
Expenses$370,442
Net Income-$22,627
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$347,815
Mission and Program Overview

Mission

Palmtrail is dedicated to helping women carry out the important mission of shaping society through their work and christian example. Through classes and activities geared toward character development and personal spiritual formation. Palmtrail promotes the dignity of women and family, enabling them to have a positive influence in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,050,232$1,017,565▼ $32,667
Rtn Earn Endowment Incm Other Fnds$750,833$728,206▼ $22,627
Cash and Non-Interest-Bearing Accounts$43,216$44,517▲ $1,301
Total Assets$1,096,327$1,063,164▼ $33,163
Other Assets Total$2,879$1,082▼ $1,797
Liabilities
Mortgage Notes Payable Secured by Investment Property$339,118$326,897▼ $12,221
Other Liabilities$6,376$8,061▲ $1,685
Total Liabilities$345,494$334,958▼ $10,536
Net Assets / Fund Balance
Total Net Assets Fund Balance$750,833$728,206▼ $22,627
Total Liabilities and Net Assets / Fund Balance$1,096,327$1,063,164▼ $33,163

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$397,952$429,328$827,280
Land$591,150-$591,150
Other Land Buildings$28,463$51,458$79,921
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hortensia SegarraPresidentPT$8,000$8,000
Rosemary KiteTreasurerPT$8,000$8,000

Board Members and Trustees

NameTitle
Maria Victoria TiczonAssistant Se
Jacqueline TaylorSecretary
Diane BettesworthVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$285,897
Program Service Revenue
$61,249
Investment Income
$0
Other Revenue
$669
All Other Contributions
$285,897
Change in Net Assets
$-22,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,331
Salaries, Compensation, and Employee Benefits$120,057
Grants and Similar Amounts Paid$5,054
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,048--$67,048
Other Employee Benefits$47,880--$47,880
Fees for Services Other$34,665$2,050-$36,715
Conferences and Meetings$34,103--$34,103
Depreciation Depletion$32,668--$32,668
Occupancy$32,086--$32,086
Travel$24,773--$24,773
Insurance$17,461--$17,461
Interest$11,257--$11,257
Other Expenses$6,478$1,620-$8,098
Office Expenses$2,063$4,264-$6,327
Payroll Taxes$5,129--$5,129
Grants to Domestic Orgs$5,054--$5,054
All Other Expenses$3,986$358-$4,344
Total Functional Expenses$362,150$8,292$0$370,442
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rosemoor FoundationNew York, NY501c3-$5,054
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$4,203
Other Accounts Payable$2,752
Bank Overdraft$1,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

Copies of these documents are available upon request from the organization.

Form 990, Page 6, Part VI, Line 12C

To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax- exempt status, periodics reviews shall be conducted that include the subjects of reasonable compensation arrangements and benefits and whether arrangements with organizations conform to the corporations written policies and that these are properly recorded to ensure the charitable purposes. Also the corporation may use outside advisors when needed to conduct the periodic reviews.

Form 990, Page 6, Part VI, Line 19

Business office / bookkeeper upon request.

Filing and Contact Details

Filer

Filer Name
Palmtrail Inc
EIN
65-0324017
Phone
5612760656
Address
344 PALM TRAIL, DELRAY BEACH, FL 33483-5529

Signing Officer

Name
Rosemary Kite
Title
Treasurer
Phone
5612760656
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hortensia Segarra
Formed
1993
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
3
Employees
7
Volunteers
30

Preparer

Firm
Alonso & Garcia Pa
Address
5805 BLUE LAGOON DR STE 200, MIAMI, FL 33126
Preparer
Domingo Alonso
Phone
3054483898
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Palmtrail is dedicated to helping women carry out the important mission of shaping society through their work and christian example. Through classes and activities geared toward character development and personal spiritual formation. Palmtrail promotes the dignity of women and family, enabling them to have a positive influence in the world.

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0285897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0290745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0297114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0219067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0197392
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01290215
IRS990ScheduleA/TotalSupportAmt01290215
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0397952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0429328
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0827280
IRS990ScheduleD/LandGrp/BookValueAmt0591150
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0591150
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028463
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051458
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt079921
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER ACCOUNTS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BANK OVERDRAFT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01017565
IRS990ScheduleD/TotalLiabilityAmt08061
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt05054
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ROSEMOOR FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0133281516
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 1541
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0MURRAY HILL STATION
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PALMTRAIL IS DEDICATED TO HELPING WOMEN CARRY OUT THE IMPORTANT MISSION OF SHAPING SOCIETY THROUGH THEIR WORK AND CHRISTIAN EXAMPLE. THROUGH CLASSES AND ACTIVITIES GEARED TOWARD CHARACTER DEVELOPMENT AND PERSONAL SPIRITUAL FORMATION. PALMTRAIL PROMOTES THE DIGNITY OF WOMEN AND FAMILY, ENABLING THEM TO HAVE A POSITIVE INFLUENCE IN THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF THESE DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX- EXEMPT STATUS, PERIODICS REVIEWS SHALL BE CONDUCTED THAT INCLUDE THE SUBJECTS OF REASONABLE COMPENSATION ARRANGEMENTS AND BENEFITS AND WHETHER ARRANGEMENTS WITH ORGANIZATIONS CONFORM TO THE CORPORATIONS WRITTEN POLICIES AND THAT THESE ARE PROPERLY RECORDED TO ENSURE THE CHARITABLE PURPOSES. ALSO THE CORPORATION MAY USE OUTSIDE ADVISORS WHEN NEEDED TO CONDUCT THE PERIODIC REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUSINESS OFFICE / BOOKKEEPER UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01096327
IRS990/TotalAssetsEOYAmt01063164
IRS990/TotalAssetsGrp/BOYAmt01096327
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0285897
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08292
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0362150
IRS990/TotalFunctionalExpensesGrp/TotalAmt0370442
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0345494
IRS990/TotalLiabilitiesEOYAmt0334958
IRS990/TotalLiabilitiesGrp/BOYAmt0345494
IRS990/TotalLiabilitiesGrp/EOYAmt0334958
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0750833
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0728206
IRS990/TotalProgramServiceExpensesAmt0362150
IRS990/TotalProgramServiceRevenueAmt061249
IRS990/TotalReportableCompFromOrgAmt016000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt061918
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0347815
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01096327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01063164
IRS990/TravelGrp/ProgramServicesAmt024773
IRS990/TravelGrp/TotalAmt024773
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0344 PALM TRAIL
IRS990/USAddress/CityNm0DELRAY BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033483
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSEMARY KITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05612760656
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMTRAIL INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0650324017
ReturnHeader/Filer/PhoneNum05612760656
ReturnHeader/Filer/USAddress/AddressLine1Txt0344 PALM TRAIL
ReturnHeader/Filer/USAddress/CityNm0DELRAY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0334835529
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650894734
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALONSO & GARCIA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05805 BLUE LAGOON DR STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033126
ReturnHeader/PreparerPersonGrp/PhoneNum03054483898
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOMINGO ALONSO
ReturnHeader/ReturnTs02015-11-16T12:27:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.02$0.65$2.37$0.47$0.51$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.68$0.68$2.00$0.33$0.29$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.66$0.70$1.96$0.41$0.27$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.66$0.80$1.86$0.51$0.36$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.05$0.45$1.59$0.46$0.31$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.83$0.37$1.46$0.41$0.20$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.39$1.31$0.37$0.21$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.40$1.14$0.74$0.25$0.49
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.33$0.65$0.34$0.38$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.32$0.70$0.34$0.37$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.33$0.73$0.35$0.37$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.10$0.35$0.75$0.36$0.37$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.36$0.76$0.39
2011Summary only. Only limited summary data is available for this year.$1.22$0.38$0.83$0.32$0.33$0.01
2010Summary only. Only limited summary data is available for this year.$1.25$0.41$0.85$0.25$0.27$0.03