Civic Intelligence

Palette Hope

990EZ • Fiscal year 2022 • EIN 83-2684480

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 18, 2023

Organization Profilewww.palettehope.org
800 W Campbell Rd SU 21Richardson, TX 75080

(469) 684-3080

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

64%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

39%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$2,695

Up $1,052 (+64%) from 2021

Net Assets

Up

$2,695

Up $1,052 (+64%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin98th percentile

Revenue

Up

$1,123

Up $316 (+39%) from 2021

Expenses

Down

$71

Down $272 (-79%) from 2021

Net Income

Up

$1,052

Up $588 (+127%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$3.0K$2.0K$1.0K$0Assets 2020: $1,179Liabilities 2020: $0Net Assets 2020: $1,1792020Assets 2021: $1,643Liabilities 2021: $0Net Assets 2021: $1,6432021Assets 2022: $2,695Liabilities 2022: $0Net Assets 2022: $2,6952022Assets 2023: $2,561Liabilities 2023: $0Net Assets 2023: $2,5612023Assets 2024: $2,987Liabilities 2024: $0Net Assets 2024: $2,9872024

Highlighted filing

2022

Assets$2,695
Liabilities$0
Net Assets$2,695
Open 2022 Filing

Operations Trend

Revenue Growth69th percentile

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

$1.5K$1.0K$500$0-$500Revenue 2020: $929Expenses 2020: $239Net Income 2020: $6902020Revenue 2021: $807Expenses 2021: $343Net Income 2021: $4642021Revenue 2022: $1,123Expenses 2022: $71Net Income 2022: $1,0522022Revenue 2023: $94Expenses 2023: $228Net Income 2023: -$1342023Revenue 2024: $583Expenses 2024: $157Net Income 2024: $4262024

Highlighted filing

2022

Revenue$1,123
Expenses$71
Net Income$1,052
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 18, 2023
Return Version
2022v5.0
Gross Receipts
$1,361
Mission and Program Overview

Mission

Host fundraiser events to raise awareness about mental health across college campuses through the use of art.

Program Services

DescriptionGrantsExpenses
Hosted fundraising events to raise awareness about mental health.$522$522
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elvina AlmeidaExecutive DirectorPT$0--
Stephanie CaoOperations DirectorPT$0--
Lucy LuongPresidentPT$0--
Katie LauVice PresidentPT$0--
Christy NguyenProgram CoordinatorPT$0--
Rachel PazhoorSecretaryPT$0--
Vaibhavi JoshiTreasurerPT$0--
Thaovy NguyenContent CreatorPT$0--
Gina VoPublic RelationsPT$0--
Anokhi PatelArt Therapist LiaisonPT$0--
Filing and Contact Details

Filer

Filer Name
Palette Hope
EIN
83-2684480
Phone
4696843080
Address
800 W Campbell Rd SU 21, Richardson, TX 75080

Signing Officer

Name
Lucy Luong
Title
President
Phone
2144009934
Signed
2023-04-18
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Website and domain name subscription”

Raw XML Appendix174 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Elvina Almeida
IRS990EZ/BooksInCareOfDetail/PhoneNum04696843080
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02848 Wellbourne Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Carrollton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01643
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02695
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt01052
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01643
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02695
IRS990EZ/FundraisingGrossIncomeAmt0761
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt01361
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0600
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01643
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02695
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01643
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02695
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt710
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt810
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt910
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Elvina Almeida
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Stephanie Cao
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lucy Luong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Katie Lau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Christy Nguyen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Rachel Pazhoor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Vaibhavi Joshi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Thaovy Nguyen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Gina Vo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Anokhi Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Operations Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Program Coordinator
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Content Creator
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Public Relations
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Art Therapist Liaison
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt071
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Host fundraiser events to raise awareness about mental health across college campuses through the use of art.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hosted fundraising events to raise awareness about mental health.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0522
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0522
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt0238
IRS990EZ/SpecialEventsNetIncomeLossAmt0523
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt071
IRS990EZ/TotalProgramServiceExpensesAmt0522
IRS990EZ/TotalRevenueAmt01123
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.palettehope.org
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Website and domain name subscription
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Lucy Luong
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02144009934
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALETTE HOPE
ReturnHeader/Filer/BusinessNameControlTxt0PALE
ReturnHeader/Filer/EIN0832684480
ReturnHeader/Filer/PhoneNum04696843080
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 W Campbell Rd SU 21
ReturnHeader/Filer/USAddress/CityNm0Richardson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075080
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-04-18T23:56:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,695
Liabilities
$0
Net assets
$2,695
Revenue
$1,123
Expenses
$71
Net income
$1,052
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2,987$0$2,987$583$157$426
2023Detailed filing. Detailed filing data is available for this year.$2,561$0$2,561$94$228$134
2022Detailed filing. Detailed filing data is available for this year.$2,695$0$2,695$1,123$71$1,052
2021Detailed filing. Detailed filing data is available for this year.$1,643$0$1,643$807$343$464
2020Detailed filing. Detailed filing data is available for this year.$1,179$0$1,179$929$239$690