ZUnclassifiedEIN: 202356830· Ruling Year: 2005

Palomar Health Development Inc

Escondido, California

B-Health Score
47B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.12×
Peer Median15.40×
💰
$3.7M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$426K
Net Assets
📋
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.7%
Year-over-year change (2022 → 2023)
Net Margin
+4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.12
Net assets divided by total expenses
Liabilities-to-Assets
85.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,663,7712%$3,486,5162%$2,871,8673%
2022$3,603,7515%$3,415,3425%$2,796,12013%
2021$3,774,3038%$3,257,9531%$2,481,7755%
2020$3,486,5082%$3,303,6402%$2,358,6493%
2019$3,571,0361%$3,368,1573%$2,296,67011%
2018$3,596,2431%$3,465,2503%$2,062,155
2017$3,549,6479%$3,376,5411%$2,057,83810%
2016$3,901,12313%$3,358,05823%$1,874,30210%
2015$4,492,9912%$4,381,0886%$2,093,98917%
2014$4,406,38513%$4,121,7546%$1,796,17939%
2013$3,908,43017%$3,897,34221%$1,296,52216%
2012$3,331,5693%$3,214,28725%$1,552,02724%
2011$3,230,284$2,570,878$1,247,228

Frequently Asked Questions

What does Palomar Health Development Inc do?

Palomar Health Development Inc is a unclassified nonprofit organization based in California. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palomar Health Development Inc financially healthy?

Based on our 9-metric Financial Health Score model, Palomar Health Development Inc has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Palomar Health Development Inc generate?

Palomar Health Development Inc reports $3.6M in annual revenue and holds $1.5M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Unclassified category, or browse all nonprofits in California.