Palms Wellness Center Inc
- Assets
- $31.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, NC
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-1367171
Organization Overview
Palms Wellness Center Inc is located in Jacksonville, NC. The organization was established in 2011. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palms Wellness Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Palms Wellness Center Inc generated $111.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $92.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ALL OTHER ACCOMPLISHMENT - TO OFFER DIAGNOSTIC ASSESSMENTS, INDIVIDUAL THERAPY, GROUP THERAPY, ART EXPRESSION THERAPY, INTERACTIVE THERAPY, NEUROFEEDBACK THERAPY, EMDR THERAPY, MEDICATION MANAGEMENT HRT TRANSITION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $111,579 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,579 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,862 |
| Professional fees and other payments to independent contractors | $44,898 |
| Occupancy, rent, utilities, and maintenance | $15,732 |
| Printing, publications, postage, and shipping | $282 |
| Other expenses | $24,784 |
| Total expenses | $92,558 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,795 |
| Other assets | $0 |
| Total assets | $31,137 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,137 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palms Wellness Center Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horry County Commission On Alcohol And Drug Abuse Conway, SC | $9,808,832 | $8,232,870 |
Freedom House Recovery Center Inc Chapel Hill, NC | $5,436,315 | $8,406,225 |
York County Council On Alcohol And Drug Abuse Inc Rock Hill, SC | $6,079,794 | $6,136,033 |
Healing Transitions Inc Raleigh, NC | $22,953,698 | $10,736,237 |
Florence County Commission On Alcohol And Drug Abuse Florence, SC | $6,167,918 | $5,394,838 |
Tricounty Commission On Alcohol And Drug Abuse Orangeburg, SC | $7,413,555 | $4,978,961 |
Hope Haven Inc Charlotte, NC | $6,086,941 | $4,423,960 |
Alcohol & Drug Services Of Guilford Inc High Point, NC | $3,516,191 | $3,847,467 |
The Council On Alcohol & Drugs Inc Atlanta, GA | $1,391,588 | $3,928,326 |
Virginia Harm Reduction Coalition Roanoke, VA | $524,760 | $3,783,545 |
Discovery Place Inc Burns, TN | $3,114,336 | $3,624,741 |
Governors Institute On Substance Abuse Raleigh, NC | $1,107,877 | $3,376,176 |