Palmetto Futures
Nonprofit profile at a glance
- EIN
- 932960318
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Cary, NC, USA
- Phone
- 9195760554
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Environmental Education and Outdoor Survival Programs
Reported finances
- Revenue
- $190,251
- Expenses
- $104,917
- Assets
- $94,581
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- KIBRI EVERETT (EXECUTIVE DIRECTOR)
People named in this filing
- JAMIE CAPLE (CHIEF FUNDRAISING OFFICER)
- DR TAJA WELCH (SECRETARY)
- CHRISCILIA COX (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are a nonprofit organization committed to advancing environmental equity and sustainable development across the united states. Our efforts span a range of environmental domainsincluding but not limited to air, water, waste management, transportation, the built environment, food access, and healthy housingto address systemic disparities that persist in various forms. Through our initiatives, we strive to level the playing field, ensuring that historically marginalized and underserved communities have equitable access to opportunities and support. We are dedicated to identifying and dismantling barriers, creating pathways for individuals and communities to overcome challenges and realize their full potential.
What it reported doing in 2025
Assisted in designing and executing projects that make a lasting impact on communities and the environment. By combining innovative strategies with local insights we ensure each project is sustainable for years to come.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.1%; rating input score 55
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 44.9%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 14.5%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 24.7% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 71.6% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 127.5% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 55.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $105K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 20/100.