Civic Intelligence

Palms Scholarship Fund

EIN 82-3956753 • 501(c)3 • Mcallen, TX

Profile

The palms scholarship fund fosters love of the arts locally by awarding recognition and offering support to high school theater community in the rio grande valley.

4110 Camellia CTMcallen, TX 78501

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

53rd percentile

3.3%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$14,364

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$14,364

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin53rd percentile

Revenue

$103,085

No earlier filing loaded for comparison.

Expenses

$99,683

No earlier filing loaded for comparison.

Net Income

$3,402

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15K$10K$5.0K$0Assets 2024: $14,364Net Assets 2024: $14,3642024

Highlighted filing

2024

Assets$14,364
Liabilities-
Net Assets$14,364
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0Revenue 2024: $103,085Expenses 2024: $99,683Net Income 2024: $3,4022024

Highlighted filing

2024

Revenue$103,085
Expenses$99,683
Net Income$3,402
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,364
Liabilities
-
Net assets
$14,364
Revenue
$103,085
Expenses
$99,683
Net income
$3,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.14$1.03$1.00$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$103,085
Mission and Program Overview

Mission

The palms scholarship fund fosters love of the arts locally by awarding recognition and offering support to high school theater community in the rio grande valley.

Program Services

DescriptionGrantsExpenses
TO SUPPORT THE PERFORMING ARTS BY PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS TO STUDENTS PARTICIPATING IN ACCREDITED THEATER PROGRAMS.-$84,422
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN GARZAPresidentPT$0--
GILBERT ZEPEDA IIIMemberPT$0--
YAJAIRA FLORESMemberPT$0--
DEBBIE CRANE ALISEDAMemberPT$0--
OSCAR GARCIAMemberPT$0--
Filing and Contact Details

Filer

Filer Name
Palms Scholarship Fund
EIN
82-3956753
Address
4110 CAMELLIA CT, MCALLEN, TX 78501

Signing Officer

Name
John Garza
Title
President
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Abigail Y Murray CPA LLC
Address
2430 BUDDY OWENS AVE, MCALLEN, TX 78504
Preparer
Abigail M Young CPA
Phone
9568005600
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $286”

Other Expenses.1002

“Office Expenses $2071”

Other Expenses.1005

“Travel $7552”

Other Expenses.1012

“Insurance $1579”

Other Expenses.1

“CONTRACT LABOR $41238”

Other Expenses.2

“Awarded scholarships $20300”

Other Expenses.3

“PROGRAM EXPENSES $19447”

Other Expenses.5

“MEALS $2271”

Other Expenses.6

“SUPPLIES $653”

Other Expenses.7

“MERCHANT FEES $227”

Other Expenses.9

“BANK CHARGES $108”

Raw XML Appendix154 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN GARZA
IRS990EZ/BooksInCareOfDetail/PhoneNum09566555656
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04110 CAMELLIA CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MCALLEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078501
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010962
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014364
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0103038
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03402
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010962
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014364
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0103085
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt047
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010962
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014364
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010962
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014364
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN GARZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GILBERT ZEPEDA III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2YAJAIRA FLORES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEBBIE CRANE ALISEDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4OSCAR GARCIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt095732
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PALMS SCHOLARSHIP FUND FOSTERS LOVE OF THE ARTS LOCALLY BY AWARDING RECOGNITION AND OFFERING SUPPORT TO HIGH SCHOOL THEATER COMMUNITY IN THE RIO GRANDE VALLEY.
IRS990EZ/PrintingPublicationsPostageAmt03951
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SUPPORT THE PERFORMING ARTS BY PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS TO STUDENTS PARTICIPATING IN ACCREDITED THEATER PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084422
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt099683
IRS990EZ/TotalProgramServiceExpensesAmt084422
IRS990EZ/TotalRevenueAmt0103085
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0103038
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0103038
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0103038
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0103038
IRS990ScheduleA/Total509Grp/TotalAmt0103038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103038
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0103038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $7552
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1579
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR $41238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AWARDED SCHOLARSHIPS $20300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM EXPENSES $19447
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS $2271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SUPPLIES $653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MERCHANT FEES $227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK CHARGES $108
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.9
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN GARZA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/DisasterReliefTxt0FEMA 4871-DR
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMS SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0823956753
ReturnHeader/Filer/USAddress/AddressLine1Txt04110 CAMELLIA CT
ReturnHeader/Filer/USAddress/CityNm0MCALLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078501
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474976759
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABIGAIL Y MURRAY CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02430 BUDDY OWENS AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078504
ReturnHeader/PreparerPersonGrp/PhoneNum09568005600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Abigail M Young CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T15:43:10-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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