Charity Search / PALACIOS MARINE AGRICULTURAL RESEARCH INC
Science & Technology (U21) 990 on File

PALACIOS MARINE AGRICULTURAL RESEARCH INC

EIN: 84-5079866 · CORP CHRISTI, TX 78401-0861 · United States · FY 2025 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 59/100
Reliability (20%) 45/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$4.5M
Total Revenue
$6.5M
Total Expenses
$2.3M
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.0%
Fundraising Efficiency N/A
Operating Reserve 4.23x
Liability-to-Asset 4.4%
Revenue Diversification 88.1%
Executive Compensation $365K
Compared with Peers
FY 2025
Compared with 107 similar organizations (United States, Science & Technology, $1M–$10M in expenses), FY 2025.
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
96.0% 82.8%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.0% 13.9%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.2 mo 10.7 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
4.4% 11.7%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
88.1% 88.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
41.2% 4.3%
P10P90
Expense growth
Year over year expense growth
121.8% 3.5%
P10P90
Surplus margin
Surplus as a share of revenue
-42.4% 3.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $4.5M $6.5M $2.3M 96.0% 12
2024 $3.2M $2.9M $4.2M 94.6% 9
2023 $2.6M $2.8M $3.9M 100.0% 9
2022 $4.9M $1.4M N/A 5
2021 $3.2M $841K N/A 3
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
84-5079866
State
TX
City
CORP CHRISTI
ZIP
78401-0861
Classification
U21
Category
Science & Technology
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