Public Charity

PALMA SCHOOL FOUNDATION

PALMA SCHOOL FOUNDATION, of SALINAS, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.6M in revenue, $2.3M in expenses, $2.8M in total assets. 5 publicly reported grants to this organization, totaling roughly $214K, appear in IRS filings.

EIN: 464896381 SALINAS, CA Latest filing: 2024
Total Revenue$2.6M
Total Expenses$2.3M
Total Assets$2.8M
Grant Records5
Funding Total$214K
Filing Years2020–2024

Mission

THE MISSION OF THE PALMA SCHOOL FOUNDATION IS TO FINANCIALLY SUPPORT THE EDUCATIONAL PROGRAMS AND MISSION OF PALMA SCHOOL FOR THE BENEFIT OF ITS STUDENTS AND COMMUNITY CONSISTENT WITH THE SCHOOLS MISSION TO PROVIDE YOUNG MEN AN EXCELLENT COLLEGE PREPARATIORY EDUCATION IN A ROMAN CATHOLIC ENVIRONMENT THAT EMBRACES THE ESSENTIAL ELEMENTS OF AN EDMUND RICE CHRISTIAN BROTHER EDUCATION AND CHALLENGES EACH INDIVIDUAL TO DEVELOP SPIRITUALLY, INTELLECTUALLY, MORALLY, PHYSICALLY, AND SOCIALLY.

Officers & Directors

DIRECTOR Amy Haas
TREASURER Gina Cochetti
SECRETARY John Mazzei
DIRECTOR John Mccarthy
DIRECTOR Kim Costa
DIRECTOR Mark Clifton

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$159,000 2 grants
PUBLIC, SOCIETAL BENEFIT
$25,000 1 grant
EDUCATION
$20,000 1 grant
Education
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.6M $2.3M $2.8M
2023 $292K $110K $2.5M
2022 $587K $21K $2.3M
2021 $519K $66K $1.7M
2020 $1.3M $2K $1.3M

Between 2020 and 2024, reported annual revenue grew from $1.3M to $2.6M (+101%), with total assets most recently reported at $2.8M.

Interactive year-over-year charts and full filing details available with membership.

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