Palmas Academy INC
Humacao, Puerto Rico
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,623,282↑26% | $4,448,954↑35% | $10,818,631↑2% | |
| 2022 | $3,682,875↑72% | $3,298,152↑30% | $10,618,970↓1% | — |
| 2021 | $2,143,628↓24% | $2,544,435↓11% | $10,746,233↓1% | — |
| 2020 | $2,818,136↓2% | $2,870,816↓1% | $10,857,591 | — |
| 2019 | $2,873,020↑1% | $2,909,819↓9% | $10,868,570↓3% | — |
| 2018 | $2,853,617↓21% | $3,197,929↓9% | $11,152,515↓6% | — |
| 2017 | $3,609,466↑6% | $3,511,071↑3% | $11,818,113 | — |
| 2016 | $3,420,422↑2% | $3,395,365↑7% | $11,768,957 | — |
| 2015 | $3,346,357↑11% | $3,177,854↑4% | $11,809,272↑1% | — |
| 2014 | $3,007,709↓6% | $3,057,229↓6% | $11,736,362↓1% | — |
| 2013 | $3,206,383 | $3,260,371 | $11,890,614↓2% | — |
| 2012 | $3,214,593↑5% | $3,244,727↑3% | $12,093,391↓1% | — |
| 2011 | $3,055,527 | $3,136,365 | $12,198,258 | — |
Frequently Asked Questions
What does Palmas Academy INC do?▼
Palmas Academy INC is a unclassified nonprofit organization based in Puerto Rico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Palmas Academy INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Palmas Academy INC has a score of 67/100 (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 Palmas Academy INC generate?▼
Palmas Academy INC reports $5.4M in annual revenue and holds $10.7M in total assets, based on IRS filings.
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