Civic Intelligence

Palmer Fund Incorporated

990EZ • Fiscal year 2020 • EIN 90-0510486

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

Organization Profilepalmerfund.org
PO Box 6125Columbia, MD 21045

(301) 467-2363

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

85th percentile

41%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

1478%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$15,570

Up $14,583 (+1478%) from 2019

Net Assets

Up

$15,570

Up $14,583 (+1478%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin85th percentile

Revenue

Up

$4,559

Up $4,559 from 2019

Expenses

Up

$2,708

Up $346 (+15%) from 2019

Net Income

Up

$1,851

Up $4,213 (+178%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$20K$15K$10K$5.0K$0Assets 2010: $1Liabilities 2010: $02010Assets 2011: $1Liabilities 2011: $02011Assets 2012: $7,694Liabilities 2012: $02012Assets 2013: $5,886Liabilities 2013: $02013Assets 2014: $5,219Liabilities 2014: $02014Assets 2015: $4,952Liabilities 2015: $02015Assets 2016: $2,034Liabilities 2016: $02016Assets 2017: $782Liabilities 2017: $02017Assets 2018: $3,349Liabilities 2018: $0Net Assets 2018: $3,3492018Assets 2019: $987Liabilities 2019: $0Net Assets 2019: $9872019Assets 2020: $15,570Net Assets 2020: $15,5702020Assets 2021: $15,877Liabilities 2021: $0Net Assets 2021: $15,8772021Assets 2022: $13,854Net Assets 2022: $13,8542022Assets 2023: $15,798Net Assets 2023: $15,7982023Assets 2024: $16,030Net Assets 2024: $16,0302024

Highlighted filing

2020

Assets$15,570
Liabilities-
Net Assets$15,570
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10K$5.0K$0-$5.0KRevenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $7,694Expenses 2012: $0Net Income 2012: $7,6942012Revenue 2013: $336Expenses 2013: $2,144Net Income 2013: -$1,8082013Revenue 2014: $0Expenses 2014: $667Net Income 2014: -$6672014Revenue 2015: $5,704Expenses 2015: $5,971Net Income 2015: -$2672015Revenue 2016: $653Expenses 2016: $3,571Net Income 2016: -$2,9182016Revenue 2017: $350Expenses 2017: $1,602Net Income 2017: -$1,2522017Revenue 2018: $8,855Expenses 2018: $6,288Net Income 2018: $2,5672018Revenue 2019: $0Expenses 2019: $2,362Net Income 2019: -$2,3622019Revenue 2020: $4,559Expenses 2020: $2,708Net Income 2020: $1,8512020Revenue 2021: $3,065Expenses 2021: $2,758Net Income 2021: $3072021Revenue 2022: $1,234Expenses 2022: $3,257Net Income 2022: -$2,0232022Revenue 2023: $4,055Expenses 2023: $2,111Net Income 2023: $1,9442023Revenue 2024: $4,118Expenses 2024: $3,886Net Income 2024: $2322024

Highlighted filing

2020

Revenue$4,559
Expenses$2,708
Net Income$1,851
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$4,559
Mission and Program Overview

Mission

EDUCATION DEVELOPMENT

Program Services

DescriptionGrantsExpenses
RAISING AWARENESS OF CHILDREN AND THEIR FAMILIES OF THE IMPORTANCE OF EDUCATION.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACQUELINE PALMERChairpersonPT$0--
LAUREN PALMERVice ChairpersonPT$0--
TANYA RAYBoard MemberPT$0--
SUSAN REIDERSecretaryPT$0--
CHARLIE WEATHERSPOONBoard MemberPT$0--
KENNETH JENNINGSBoard MemberPT$0--
JOYCE WELLSTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Palmer Fund Inc
EIN
90-0510486
Phone
3014672363
Address
PO BOX 6125, COLUMBIA, MD 21045

Signing Officer

Name
Jaqueline Palmer
Title
President
Signed
2021-11-08
Discuss with paid preparer
No

Preparer

Firm
Akm Financial LLC
Address
8460 LIMEKILN PIKE SUITE 306, WYNCOTE, PA 19095
Preparer
Adam Mccall
Phone
2157209516
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“STATE TAX 125”

Form 990-EZ, Part I, Line 16, Other Expenses

“BOOK SCHOLARSHIP 1,000”

Form 990-EZ, Part I, Line 16, Other Expenses

“Website maintenance 1,208”

Raw XML Appendix146 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/PersonNm0JACQUELINE PALMER
IRS990EZ/BooksInCareOfDetail/PhoneNum03014672363
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 6125
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLUMBIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021045
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013719
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015570
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04559
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01851
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0375
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013719
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015570
IRS990EZ/GrossReceiptsAmt04559
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013719
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015570
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013719
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015570
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JACQUELINE PALMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAUREN PALMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TANYA RAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SUSAN REIDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHARLIE WEATHERSPOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KENNETH JENNINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOYCE WELLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02333
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISING AWARENESS OF CHILDREN AND THEIR FAMILIES OF THE IMPORTANCE OF EDUCATION.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MD
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt02708
IRS990EZ/TotalRevenueAmt04559
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0palmerfund.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04559
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014417
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt014417
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04559
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0653
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014417
IRS990ScheduleA/TotalSupportAmt014417
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STATE TAX 125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK SCHOLARSHIP 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE MAINTENANCE 1,208
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JAQUELINE PALMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMER FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0900510486
ReturnHeader/Filer/PhoneNum03014672363
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6125
ReturnHeader/Filer/USAddress/CityNm0COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021045
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AKM FINANCIAL LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08460 LIMEKILN PIKE SUITE 306
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WYNCOTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019095
ReturnHeader/PreparerPersonGrp/PhoneNum02157209516
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM MCCALL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-08T08:15:29-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACQUELINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PALMER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,570
Liabilities
-
Net assets
$15,570
Revenue
$4,559
Expenses
$2,708
Net income
$1,851
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.0$16.0$4.12$3.89$0.23
2023Detailed filing. Detailed filing data is available for this year.$15.8$15.8$4.06$2.11$1.94
2022Detailed filing. Detailed filing data is available for this year.$13.9$13.9$1.23$3.26$2.02
2021Detailed filing. Detailed filing data is available for this year.$15.9$0.00$15.9$3.07$2.76$0.31
2020Detailed filing. Detailed filing data is available for this year.$15.6$15.6$4.56$2.71$1.85
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.00$2.36$2.36
2018Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$8.86$6.29$2.57
2017Summary only. Only limited summary data is available for this year.$0.78$0.00$0.35$1.60$1.25
2016Summary only. Only limited summary data is available for this year.$2.03$0.00$0.65$3.57$2.92
2015Summary only. Only limited summary data is available for this year.$4.95$0.00$5.70$5.97$0.27
2014Summary only. Only limited summary data is available for this year.$5.22$0.00$0.00$0.67$0.67
2013Summary only. Only limited summary data is available for this year.$5.89$0.00$0.34$2.14$1.81
2012Summary only. Only limited summary data is available for this year.$7.69$0.00$7.69$0.00$7.69
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00