Palmdale Community Foundation

Tax-deductible

Palmdale, CA501(c)(3)Arts & CultureEIN 95-4669404

Provide supplemental financial assistance for the city of palmdale

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $6K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$37K
-54% vs prior year
Spent
$69K
To programs
100%
Net assets
$216K
By yearFY2020–FY2024
Revenue
$37K
FY2024▼ -54%
Revenue by fiscal year
FY2020$103K
FY2021$133K
FY2022$281K
FY2023$143K
FY2024$80K
FY2024$37K
Expenses
$69K
FY2024▼ -1%
Expenses by fiscal year
FY2020$143K
FY2021$123K
FY2022$273K
FY2023$163K
FY2024$69K
FY2024$69K
Net assets
$216K
FY2024▼ -13%
Net assets by fiscal year
FY2020$238K
FY2021$248K
FY2022$256K
FY2023$236K
FY2024$247K
FY2024$216K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $69K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Director of Community Events
$0Pt VII · Sec A
Member/City CFO
$0Pt VII · Sec A
Member/City Manager
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Palmdale Community Foundation executive salaries →

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Programs and updates

Offers financial aid to Palmdale residents.

Provided by the organization

This section is blank until Palmdale Community Foundation claims this page.

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1 program service account for $69K of program spending, described in the organization's own filed words · FY2023.
01

The entity provides supplemental financial support for the community programs in the city of palmdale

$69Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$37K
Ln 12
Gifts and grantsLn 1h$37K
Money outPt IX
$69K
Ln 25
Programscol B$69K
Owns and owesPt X
$216K
net assets · Ln 32
Total assetsLn 16$228K
LiabilitiesLn 26$12K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$37K
Total revenueLn 12$37K
Assets in detailPt X, end of year
Total assetsLn 16$228K
LiabilitiesLn 26$12K
Net assetsLn 32$216K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $80K$69K$11K$247K 990 PDF
FY2023 $143K$163K−$20K$236K 990 PDF
FY2022 $281K$273K$8K$256K 990 PDF
FY2021 $133K$123K$10K$248K 990 PDF
FY2020 $103K$143K−$40K$238K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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