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R. MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION

R. MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION

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Company Details

Legal Name:	R. MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION
Jurisdiction:	WASHINGTON
Entity Type:	WA NONPROFIT CORPORATION
Category:	DOMESTIC ENTITY
Status:	Active
Formation/ Registration Date:	March 8th 1996
Expiration date:	31 Mar 2026
UBI Number:	601 695 927
FEIN Number:	91-1742581
Purpose:	WE ARE COMMITTED TO PROVIDING HOPE AND OPPORTUNITY THROUGH COLLEGE ACCESS, MENTORSHIP AND SCHOLARSHIP SUPPORT TO OVERCOME FINANCIAL, EMOTIONAL, AND SOCIAL BARRIERS FOR UNDERREPRESENTED STUDENTS OF COLOR IN PIERCE COUNTY.
ZIP code:	98499
City:	Lakewood
County:	PIERCE
Home State:	WASHINGTON
Principal Office Street Address:	4500 STEILACOOM BLVD SW BLDG 16 RM 118, LAKEWOOD, WA, 98499-4004, UNITED STATES
Principal Office Mailing Address:	PO BOX 7119, TACOMA, WA, 98417-0119, UNITED STATES

Contact Details

E-Mail:	INFO@PALMERSCHOLARS.ORG
Phone Number:	+1 253-572-9008

Nature of Business

Charitable

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Registered Agent Information

Name	Role	Address
TRICIA SPEID	Registered Agent	4500 STEILACOOM BLVD SW BLDG 16 RM 118, LAKEWOOD, WA, 98499-4004, UNITED STATES

Key Officers & Management

Name	Role	Address
TRICIA SPEID	Governing Person	-
MARISSA RATHBONE	Governing Person	-
AMALIA PEREZ	Governing Person	-
DENISE NICOLE FRANKLIN	Governing Person	-
KACEE WOODS	Governing Person	-
KACEE WOODS	SECRETARY	PO BOX 7119, TACOMA, WA, 98417-0119, UNITED STATES
AMALIA PEREZ	PRESIDENT	PO BOX 7119, TACOMA, WA, 98417-0119, UNITED STATES
DENISE NICOLE FRANKLIN	EXECUTIVE DIRECTOR	PO BOX 7119, TACOMA, WA, 98417, UNITED STATES
MARISSA RATHBONE	IMMEDIATE PAST PRESIDENT	PO Box 7119, TACOMA, WA, 98417, UNITED STATES

Form 5500 Series

Employer Identification Number (EIN):

911742581

Plan Year:

2024

Number Of Participants:

Plan Name:

401(K)

Sponsor's telephone number:

2535729008

File:

View File

Plan Administrator / Signatory:

QIAN LIU(Plan administrator)

Plan Year:

2023

Number Of Participants:

Plan Name:

401(K)

Sponsor's telephone number:

2535729008

File:

View File

Plan Administrator / Signatory:

QIAN LIU(Plan administrator)

Plan Year:

2022

Number Of Participants:

Plan Name:

401(K)

Sponsor's telephone number:

2535729008

File:

View File

Plan Administrator / Signatory:

CHRISTINE RIMER(Plan administrator)

Plan Year:

2021

Number Of Participants:

Plan Name:

401(K)

Sponsor's telephone number:

2535729008

File:

View File

Plan Administrator / Signatory:

CHRISTINE RIMER(Plan administrator)

Plan Year:

2020

Number Of Participants:

Plan Name:

401(K)

Sponsor's telephone number:

2535729008

File:

View File

Plan Administrator / Signatory:

CAROL HO(Plan administrator)

Tax Exempt

Employer Identification Number (EIN):

91-1742581

Ruling Date:

1997-03

National Taxonomy Of Exempt Entities:

Education: Scholarships, Student Financial Aid Services, Awards

Deductibility:

Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Copies of Returns

Return Type:

990

Tax Period:

202306

Link:

Download 990

Return Type:

990

Tax Period:

202206

Link:

Download 990

Return Type:

990

Tax Period:

202106

Link:

Download 990

Paycheck Protection Program

Jobs Reported:

Initial Approval Amount:

$75,760

Date Approved:

2020-04-27

Loan Status:

Paid in Full

SBA Guaranty Percentage:

100

Current Approval Amount:

$75,760

Race:

Unanswered

Ethnicity:

Unknown/NotStated

Gender:

Unanswered

Veteran:

Unanswered

Forgiveness Amount:

$76,319.78

Servicing Lender:

Commencement Bank

Use of Proceeds:

Payroll: $75,760

Charity/Fundraiser/Trust

Registration Number:

1127561

Type:

CHARITABLE ORGANIZATION

Status:

Involuntarily Closed

Renewal Date:

2025-05-31

Financial History

Fiscal Begin Date:

2022-07-01

Fiscal End Date:

2023-06-30

Begin Assets:

$1,801,300.00

Revenue:

$1,490,047.00

Program Services:

$1,265,788.00

Expenses:

$1,605,663.00

End Assets:

$1,681,594.00

% To Program Services:

79%

Fiscal Begin Date:

2021-07-01

Fiscal End Date:

2022-06-30

Begin Assets:

$1,853,930.00

Revenue:

$1,299,974.00

Program Services:

$1,092,487.00

Expenses:

$1,359,309.00

End Assets:

$1,801,300.00

% To Program Services:

80%

Fiscal Begin Date:

2020-07-01

Fiscal End Date:

2021-06-30

Begin Assets:

$1,342,472.00

Revenue:

$1,366,265.00

Program Services:

$696,684.00

Expenses:

$849,173.00

End Assets:

$1,853,930.00

% To Program Services:

82%

Fiscal Begin Date:

2019-07-01

Fiscal End Date:

2020-06-30

Begin Assets:

$1,146,768.00

Revenue:

$1,045,328.00

Program Services:

$774,936.00

Expenses:

$911,987.00

End Assets:

$1,342,472.00

% To Program Services:

85%

Fiscal Begin Date:

2018-07-01

Fiscal End Date:

2019-06-30

Begin Assets:

$1,079,348.00

Revenue:

$806,251.00

Program Services:

$641,526.00

Expenses:

$749,341.00

End Assets:

$1,146,768.00

% To Program Services:

86%

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