Palmo Center for Peace & Education

Nonprofit profile at a glance

EIN
464722188
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2019
Location
Springfield, OR, USA
Phone
5419335861
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$125,269
Expenses
$127,858
Assets
$174,709
Liabilities
$5,356

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • TENZIN GURMEY (PRESIDENT)

People named in this filing

  • TENZIN GURMEY (PRESIDENT)
  • PAMELA DOLMA (TREASURER)
  • JULIE SONAM (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Consecrated by his holiness the dalai lama, the center works to cultivate universal human values, educate the heart and mind, promote interreligious dialogue and engage in compassionate activities.

What it reported doing in 2024

Monthly retreats and 3x weekly classes were provided to the public via zoom, social media, email and in person. The palmo center acrivities connect to a minimum of 5000.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 93
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.5%; rating input score 100
  • Program expense ratio: 97.5%; rating input score 97

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -2.1%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 43.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 19.1% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 14.5% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 30.8% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 99.5% of revenue deployed · 97.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $125K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.