Civic Intelligence

Palette Hope

990EZ • Fiscal year 2023 • EIN 83-2684480

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-143%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

38th percentile

-5.0%

Faster asset growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-92%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$2,561

Down $134 (-5.0%) from 2022

Net Assets

Down

$2,561

Down $134 (-5.0%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin5th percentile

Revenue

Down

$94

Down $1,029 (-92%) from 2022

Expenses

Up

$228

Up $157 (+221%) from 2022

Net Income

Down

-$134

Down $1,186 (-113%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2023

Assets$2,561
Liabilities$0
Net Assets$2,561
Open 2023 Filing

Operations Trend

Revenue Growth3rd 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

2023

Revenue$94
Expenses$228
Net Income-$134
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$1,151
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.$0$371
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elvina AlmeidaExecutive DirectorPT$0--
Stephanie CaoOperations DirectorPT$0--
Anokhi PatelPresidentPT$0--
Katie LauVice PresidentPT$0--
Abhi HalbhaviProgram CoordinatorPT$0--
Diana TranSecretaryPT$0--
Soumya JoshiTreasurerPT$0--
Rachel PazhoorContent CreatorPT$0--
Amberlyn HaquePublic RelationsPT$0--
Reeha ShahdadArt 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
Anokhi Patel
Title
President
Phone
4698789212
Signed
2024-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Website and domain name subscription”

Raw XML Appendix157 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/BOYAmt02695
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02561
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-134
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02695
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02561
IRS990EZ/FundraisingGrossIncomeAmt0686
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt01151
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0465
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02695
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02561
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02695
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02561
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt510
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt610
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt710
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt810
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt95
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/PersonNm0Elvina Almeida
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Stephanie Cao
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anokhi Patel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Katie Lau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Abhi Halbhavi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Diana Tran
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Soumya Joshi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Rachel Pazhoor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Amberlyn Haque
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Reeha Shahdad
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/OtherExpensesTotalAmt0228
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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0371
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt01057
IRS990EZ/SpecialEventsNetIncomeLossAmt0-371
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0228
IRS990EZ/TotalProgramServiceExpensesAmt0371
IRS990EZ/TotalRevenueAmt094
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/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Anokhi Patel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04698789212
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
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/ReturnTs02024-05-13T16:31:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Anokhi
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Patel
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,561
Liabilities
$0
Net assets
$2,561
Revenue
$94
Expenses
$228
Net income
-$134
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