AI Transparency Report
Palomar Health Development Inc. demonstrates consistent financial activity over the past decade, with revenues generally hovering around $3.5 million to $4.5 million and expenses closely tracking revenue. For the latest period (202306), the organization reported revenues of $3,663,771 against expenses of $3,486,516, indicating a modest surplus. The organization's assets have shown a positive trend, increasing from $1,796,179 in 2014 to $2,871,867 in 2023, while liabilities have fluctuated but generally remained substantial, often exceeding assets in earlier years. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests either volunteer leadership or compensation being reported under different categories, warranting further investigation for complete transparency. The NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus without deeper analysis of its activities.