Charity Search / IRVING AND ETHEL PALMAN FOUNDATION
Philanthropy & Grantmaking (T20) 990 on File

IRVING AND ETHEL PALMAN FOUNDATION

EIN: 38-3452975 · BLOOMFLD HLS, MI 48302-7881 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$307K
Total Revenue
$320K
Total Expenses
$4.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.6%
Fundraising Efficiency N/A
Operating Reserve 150.63x
Liability-to-Asset 0.0%
Revenue Diversification 77.8%
Executive Compensation $35K
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.6% 90.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
150.6 mo 95.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
77.8% 90.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
7.8% 18.5%
P10P90
Expense growth
Year over year expense growth
13.4% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
-4.3% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $307K $320K $4.0M 78.6% —
2023 $285K $282K $4.0M 80.1% —
2022 $161K $271K $4.0M 78.6% —
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
38-3452975
State
MI
City
BLOOMFLD HLS
ZIP
48302-7881
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search