Nonprofit · EIN 91-1742581
R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION
Tax-exempt · LAKEWOOD, WA 98499
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,814,834 | $1,881,684 | -$66,850 | $1,749,664 | $88,999 | $1,660,665 |
| June 30, 2024 | 990 | $1,600,695 | $1,625,271 | -$24,576 | $1,746,552 | $28,226 | $1,718,326 |
| June 30, 2023 | 990 | $1,445,016 | $1,605,662 | -$160,646 | $1,681,594 | $19,983 | $1,661,611 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,612,161
- of which government grants
- $983,447
- Program service revenue
- $99,100
- Investment income
- $117,105
- Net gain from sales of assets
- $70,780
- Net income from fundraising events
- -$13,532
- Other revenue
- -$13,532
Expenses
- Grants and similar amounts paid
- $276,416
- Compensation of officers, directors and key employees
- $291,289
- Other salaries and wages
- $634,574
- Salaries, compensation and benefits (total)
- $1,050,406
- Professional fundraising fees
- $0
- Legal fees
- $7,287
- Accounting fees
- $40,068
- Occupancy
- $8,789
- Depreciation
- $11,766
- Program services (functional)
- $1,426,880
- Management and general (functional)
- $219,108
- Fundraising (functional)
- $235,696
Balance sheet and other
- Total assets, start of year
- $1,746,552
- Total assets, end of year
- $1,749,664
- Total liabilities, end of year
- $88,999
- Net assets, end of year
- $1,660,665
- Land, buildings and equipment
- $27,875
- Publicly traded securities
- $242,560
- Net assets without donor restrictions
- $695,617
- Net assets with donor restrictions
- $965,048
- Gross receipts
- $1,957,586
- Employees
- 22
- Volunteers
- 11
- Year formed
- 1996
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DENISE NICOLE FRANKLIN | INTERIM CEO (12/23-05/24) Officer | 40 | $82,714 | $15,273 |
| HELEN MCGOVERN-PILANT | INTERIM EXECUTIVE DIRECTOR Officer | 40 | $46,333 | $0 |
| TRICIA SPEID FROM 111624 | CEO Officer | 40 | $15,974 | $0 |
| AMALA PEREZ | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARISSA RATHBONE | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KACEE WOODS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRETT FRESHWATERS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| HEATHER CURL | MEMBER Trustee or director | 1 | $0 | $0 |
| SANDRA CALVILLO | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTAL HARRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| BRENDAN NELSON | MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE WILLIAMS | MEMBER Trustee or director | 1 | $0 | $0 |
| KIDANE YOHANNES | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JONATHAN JACKSON | CEO(THROUGH 12/2023) Officer | 40 | $154,173 | $11,789 |
| DENISE NICOLE FRANKLIN | INTERIM CEO (12/23-05/24) Officer | 40 | $92,592 | $8,504 |
| AMALA PEREZ | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARISSA RATHBONE | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KACEE WOODS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRETT FRESHWATERS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KIM GREEN | AT-LARGE Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTAL HARRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE SCHAIN | MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE WILLIAMS | MEMBER Trustee or director | 1 | $0 | $0 |
| KIDANE YOHANNES | MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER CURL | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEX DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| JEANKIE ACZON | MEMBER Trustee or director | 1 | $0 | $0 |
| SANDRA CALVILLO | MEMBER Trustee or director | 1 | $0 | $0 |
| BRENDAN NELSON | MEMBER Trustee or director | 1 | $0 | $0 |
| LOGAN NOEL-ENDRES | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JONATHAN JACKSON | EXECUTIVE DIRECTOR Officer | 40 | $137,083 | $10,412 |
| AMALIA PEREZ | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ZACH PARSONS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KACEE WOODS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARISSA RATHBONE | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KIMBERLY GREEN | AT-LARGE Trustee or director, Officer | 1 | $0 | $0 |
| STEPHANIE CROOM-WILLIAMS | MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER CURL | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEX DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRISTAL HARRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE SCHAIN | MEMBER Trustee or director | 1 | $0 | $0 |
| KIDANE YOHANNES | MEMBER Trustee or director | 1 | $0 | $0 |
| JEANKIE ACZON | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4500 STEILACOOM BLVD SW 16, LAKEWOOD, WA 98499-4004
- Principal officer (990 for 2024)
- TRICIA SPEID, PO BOX 7119, TACOMA, WA 984170119
- Signed the 990
- TRICIA SPEID, CEO
- Phone
- (253) 317-7627
- Website
- WWW.PALMERSCHOLARS.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDED SCHOLARSHIPS AND MENTORING SERVICES
Program accomplishments
- THE ORGANIZATION PROVIDED SCHOLARSHIPS AND MENTORING SERVICES TO APPROXIMATELY 225 STUDENTS DURING THE YEAR ENDED JUNE 30, 2025.Expenses $1,426,880 · grants $276,416 · revenue $99,100
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 91-1742581
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,749,664
- Income (IRS master file)
- $1,957,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,814,834 | $1,881,684 | $1,749,664 | IRS |
| 990 | June 2024 | $1,600,695 | $1,625,271 | $1,746,552 | IRS |
| 990 | June 2023 | $1,445,016 | $1,605,662 | $1,681,594 | XML |
| 990 | June 2022 | $1,443,994 | $1,359,309 | $1,801,300 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1742581).
Questions about R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION
- What is the EIN of R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION is 91-1742581.
- Is R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION?
- The 990 for the year ended June 30, 2025 names TRICIA SPEID.
- Who are the officers and directors of R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 3 received compensation from the organization, the highest $82,714 (DENISE NICOLE FRANKLIN, INTERIM CEO (12/23-05/24)).
- How much revenue does R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,814,834, expenses of $1,881,684 and total assets of $1,749,664 at year end.
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