U โ€” Science & TechnologyEIN: 845079866ยท Ruling Year: 2021

Palacios Marine Agricultural Research Inc

Corpus Christi, Texas

BHealth Score
61B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.6M
Total Revenue
๐Ÿ“Š
$2.8M
Total Expenses
๐Ÿฆ
$3.9M
Net Assets
๐Ÿ“‹
$226K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-7.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
5.4%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$2,640,699โ†‘6%$2,834,423โ†‘106%$4,161,718โ†‘3%
2022$2,484,282โ†“23%$1,377,601โ†‘64%$4,022,660โ†‘35%
2021$3,231,140โ†‘358%$840,681โ†‘667%$2,986,125โ†‘387%
2020$705,291$109,625$612,766

Frequently Asked Questions

What does Palacios Marine Agricultural Research Inc do?โ–ผ

Palacios Marine Agricultural Research Inc is a science & technology nonprofit organization based in Texas. It is classified under NTEE code U21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Palacios Marine Agricultural Research Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Palacios Marine Agricultural Research Inc has a score of 61/100 (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 Palacios Marine Agricultural Research Inc generate?โ–ผ

Palacios Marine Agricultural Research Inc reports $3.2M in annual revenue and holds $4.3M in total assets, based on IRS filings.

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Palacios Marine Agricultural Research Inc โ€” Corpus Christi, TX | GiveScope