39
Palacios Marine Agricultural Research Inc
Science & Technology · Corpus Christi, Texas
555 N Carancahua St, Corpus Christi, TX 78401-0899
EIN: 845079866· Founded: Jul 2021· 5 years active· Filing Year: 2023
Annual Revenue
$2.6M
Total Expenses
$2.8M
Total Assets
$4.2M
Program Spending
1%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$326K
11.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$551K
Total Payroll
$878K
31% of total expenses
Where the Money Goes
1%
Programs: 1%
Payroll: 31%
Other overhead: 99%
Program Revenue$18K (1%)
Total Expenses$2.8M (100%)
Payroll$878K (31%)
Overhead (non-program)99%
Trust Score Breakdown
Program Spending Ratio
1% of expenses go to programs
Revenue & Stability
$2.6M annual revenue
Executive Compensation
$326K total officer comp (11.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$4.2M in assets
Similar Science & Technology Nonprofits in Texas
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.