Paloma Del Sol Association
EIN: 330477390 · San Diego, CA · NTEE: L50
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.7M |
| Net Assets | $831K |
Is Paloma Del Sol Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Paloma Del Sol Association
Paloma Del Sol Association (EIN: 330477390) is a nonprofit organization based in San Diego, CA, classified under NTEE code L50. The organization reported total revenue of $3.6M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paloma Del Sol Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paloma Del Sol Association is a mid-size nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-13,759 |
| Total Assets | $3.7M |
| Total Liabilities | $2.9M |
| Net Assets | $831K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 77.7% |
| Months of Reserves | 12.2 months |
Financial Health Grade: C
In 2023, Paloma Del Sol Association reported a deficit of $14K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 77.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Paloma Del Sol Association's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.8% | +26.0% | -2.5% |
| 2022 | +35.4% | +37.2% | +13.8% |
| 2021 | -8.6% | -10.0% | +17.4% |
| 2020 | -0.5% | -6.0% | +9.5% |
| 2019 | -1.3% | -0.8% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paloma Del Sol Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Paloma Del Sol Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.7%.
Frequently Asked Questions about Paloma Del Sol Association
Is Paloma Del Sol Association a legitimate charity?
Paloma Del Sol Association (EIN: 330477390) is a registered tax-exempt nonprofit based in California. It has 12 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: C.
How does Paloma Del Sol Association spend its money?
Paloma Del Sol Association reported $3.6M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Paloma Del Sol Association tax-deductible?
Paloma Del Sol Association is registered as a tax-exempt nonprofit (EIN: 330477390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paloma Del Sol Association located?
Paloma Del Sol Association is headquartered in San Diego, California and files with the IRS under EIN 330477390. It is classified under NTEE code L50.
How many years of IRS 990 filings does Paloma Del Sol Association have?
Paloma Del Sol Association has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.6M in total revenue.
Filing History
IRS 990 filing history for Paloma Del Sol Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Paloma Del Sol Association's revenue has grown by 56.3%, moving from $2.3M to $3.7M. Total assets increased by 92.8% over the same period, from $1.9M to $3.7M. Total functional expenses rose by 83.8%, from $2.0M to $3.7M. In its most recent filing year (2023), Paloma Del Sol Association reported a deficit of $14K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $3.7M in assets (debt-to-asset ratio: 77.7%), resulting in net assets of $831K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.7M | $3.7M | $2.9M | — | — |
| 2022 | $3.1M | $2.9M | $3.8M | $3.0M | — | View 990 |
| 2021 | $2.3M | $2.1M | $3.4M | $2.6M | — | — |
| 2020 | $2.5M | $2.4M | $2.9M | $2.2M | — | View 990 |
| 2019 | $2.5M | $2.5M | $2.6M | $174K | — | View 990 |
| 2018 | $2.6M | $2.5M | $2.6M | $217K | — | View 990 |
| 2017 | $2.5M | $2.4M | $2.5M | $188K | — | View 990 |
| 2016 | $2.7M | $2.6M | $2.5M | $157K | — | View 990 |
| 2015 | $2.4M | $2.2M | $2.5M | $211K | — | — |
| 2014 | $2.4M | $2.2M | $2.3M | $200K | — | — |
| 2013 | $2.4M | $2.3M | $2.1M | $252K | — | — |
| 2012 | $2.3M | $2.0M | $1.9M | $187K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.7M, and assets of $3.7M (revenue +16.8% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.9M, and assets of $3.8M (revenue +35.4% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.1M, and assets of $3.4M (revenue -8.6% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.4M, and assets of $2.9M (revenue -0.5% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $2.6M (revenue -1.3% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $2.6M (revenue +3.2% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.4M, and assets of $2.5M (revenue -6.3% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.6M, and assets of $2.5M (revenue +10.5% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $2.5M (revenue -1.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $2.3M (revenue +1.9% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $2.1M (revenue +2.5% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.0M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paloma Del Sol Association:
Data Sources and Methodology
This transparency report for Paloma Del Sol Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.