Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Palms Foundation
EIN 99-3057220 • 501(c)3 • Duluth, GA
Profile
To advance public health and education by providing financial support to charitable organizations and individuals engaged in health, medical relief, and educational initiatives.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$64,690
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
$64,690
No earlier filing loaded for comparison.
Revenue
$90,000
No earlier filing loaded for comparison.
Expenses
$25,820
No earlier filing loaded for comparison.
Net Income
$64,180
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $64,690
- Liabilities
- -
- Net assets
- $64,690
- Revenue
- $90,000
- Expenses
- $25,820
- Net income
- $64,180
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- May 9, 2024 to Dec 31, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $90,000
Mission and Program Overview
Mission
To advance public health and education by providing financial support to charitable organizations and individuals engaged in health, medical relief, and educational initiatives.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| To advance public health and education by providing financial support to charitable organizations and individuals engaged in health, medical relief, and educational initiatives. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DANISH NATHANIEL ALI ROSHAN | Director | - | $0 | - | - |
| DANIYAL ROSHAN AYVAZIAN | Director | - | $0 | - | - |
| PHYLLIS ROSHAN | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Palms Foundation
- EIN
- 99-3057220
- Phone
- 6784858000
- Address
- 3400 KATES WAY, Duluth, GA 30097
Signing Officer
- Name
- Phyllis Roshan
- Title
- Director
- Phone
- 6784858000
- Signed
- 2025-11-14
- Discuss with paid preparer
- No
Preparer
- Firm
- A Morani CPA PC
- Address
- 1349 Empire Central Dr Ste 700, Dallas, TX 75247
- Preparer
- G Davlatmamadova
- Phone
- 4692830468
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10, Grants Paid
“Activity Education Programs Support for Underprivileged Children, Grantee The Citizens Foundation USA 2425 Wilcrest Dr 120 Houston TX 77042, Cash Grant 15,000, Relationship”
Form 990-EZ, Part I, Line 10, Grants Paid
“Activity Medical Aid for Children, Grantee World Pediatric Project 7201 Glen Forest Dr Suite 304 Richmond VA 23226, Cash Grant 10,320, Relationship”
Form 990-EZ, Part I, Section 1, Line 1
“During the year ended December 31 2024, the organization received total contributions of 90 000, all from a single donor, Kemah Palms Recovery LLC.”
Form 990-EZ, Part II, Section 2, Line 10
“During the year ended December 31, 2024, Palms Foundation made three charitable donations totaling 25,820 to qualified charitable organizations.No administrative expenses or compensation were paid during 2024.”
Form 990-EZ, Part I, Section 1, Line 19
“the 510.86 opening deposit represents the organizations own startup capital, not revenue.”
Raw XML Appendix128 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/ApplicationPendingInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PHYLLIS ROSHAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6784858000 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3400 KATES WAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DULUTH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30097 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 510 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 64690 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 90000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 64180 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 510 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 64690 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 25820 |
| IRS990EZ/GrossReceiptsAmt | 0 | 90000 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 510 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 64690 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 510 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 64690 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 002.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 002.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 002.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DANISH NATHANIEL ALI ROSHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DANIYAL ROSHAN AYVAZIAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PHYLLIS ROSHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To advance public health and education by providing financial support to charitable organizations and individuals engaged in health, medical relief, and educational initiatives. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To advance public health and education by providing financial support to charitable organizations and individuals engaged in health, medical relief, and educational initiatives. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 25820 |
| IRS990EZ/TotalRevenueAmt | 0 | 90000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | n/a |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | Part I Section A Line 1 The organization filed Form 1023 on August 26 2025. This is the initial return for the year ended December 31 2024. No prior-year support information is available. |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 90000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 90000 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 90000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 90000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 90000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 90000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 90000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Education Programs Support for Underprivileged Children, Grantee The Citizens Foundation USA 2425 Wilcrest Dr 120 Houston TX 77042, Cash Grant 15,000, Relationship |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Medical Aid for Children, Grantee World Pediatric Project 7201 Glen Forest Dr Suite 304 Richmond VA 23226, Cash Grant 10,320, Relationship |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | During the year ended December 31 2024, the organization received total contributions of 90 000, all from a single donor, Kemah Palms Recovery LLC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | During the year ended December 31, 2024, Palms Foundation made three charitable donations totaling 25,820 to qualified charitable organizations.No administrative expenses or compensation were paid during 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | the 510.86 opening deposit represents the organizations own startup capital, not revenue. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10, Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10, Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Section 1, Line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Section 2, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Section 1, Line 19 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PHYLLIS ROSHAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6784858000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PALMS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PALM |
| ReturnHeader/Filer/EIN | 0 | 993057220 |
| ReturnHeader/Filer/PhoneNum | 0 | 6784858000 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3400 KATES WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Duluth |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30097 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 900737603 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | A Morani CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1349 Empire Central Dr Ste 700 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Dallas |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75247 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4692830468 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | G Davlatmamadova |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T12:38:10-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-05-09 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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