Overview
What is Palmetto Academy Of Learning And Success?
Palmetto Academy of Learning and Success is a publicly funded charter school situated in Myrtle Beach, South Carolina, operating under the South Carolina Charter School Act. Its primary objective is to offer educational choices to parents and students, while also supplementing the capacity of the public school system within the Horry County School District. The school is recognized for its small, diverse learning environment that caters to each student's unique differences, learning styles, and developmental needs. By setting high expectations for all students, Palmetto Academy fosters an atmosphere that encourages growth and success. The school employs a team of 43 dedicated individuals, further strengthening its commitment to providing quality education.
Official website here: www.palmettoacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Palmetto Academy of Learning and Success has been awarded a Three-Star rating by Charity Navigator, indicating a good level of accountability and finance management. The organization scored particularly well in areas such as board independence, financial oversight, and the presence of key policies such as conflict of interest and whistleblower protections, demonstrating a strong commitment to transparency and governance.
However, the charity's financial metrics revealed a significant issue with its liabilities to assets ratio, which stands at 174.10%. This raised a concern regarding the organization's financial stability, as it indicates that liabilities exceed assets. While the program expense ratio of 87.29% reflects a high dedication to programmatic spending, the overall financial health suggested by the liabilities ratio could limit its operational effectiveness in the long run.
Overall, while Palmetto Academy of Learning and Success exhibits strong governance practices and effective program funding, the financial concerns highlighted warrant close attention. Continued monitoring of its financial stability will be essential as it moves forward to ensure its sustained impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Palmetto Academy Of Learning And Success legitimate?
Palmetto Academy Of Learning And Success is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmetto Academy Of Learning And Success submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,324,096
For more financial information, click here
Official website here: www.palmettoacademy.com
What is the mission statement of Palmetto Academy Of Learning And Success?
The Palmetto Academy of Learning and Success, a well-regarded public charter school, strives to establish a nurturing learning environment that caters to each student's unique differences, learning styles, and developmental needs. This school, operated under the South Carolina Charter School Act, is committed to setting high expectations for all its students. By organizing under this act, the academy offers parents and students an alternative educational choice, thereby contributing to the expansion of the public school system.
Official website here: www.palmettoacademy.com
Who is the CEO of Palmetto Academy Of Learning And Success?
Courtney Dowdy is the Member of Palmetto Academy Of Learning And Success.
Official website here: www.palmettoacademy.com
What is the revenue of Palmetto Academy Of Learning And Success?
Palmetto Academy Of Learning And Success's revenue in 2022 was $3,491,617.
Official website here: www.palmettoacademy.com
Who are the executives of Palmetto Academy Of Learning And Success and what are their salaries?
The average compensation at Palmetto Academy Of Learning And Success during 2022 was $30,793. There are 43 employees and 100 volunteers at Palmetto Academy Of Learning And Success.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $149,224
- Related: $0
- Other: $12,027
Official website here: www.palmettoacademy.com
Where can I find the form 990 for Palmetto Academy Of Learning And Success?
Palmetto Academy Of Learning And Success's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palmettoacademy.com
Learn more at the official website: www.palmettoacademy.com
Mission Statement of Palmetto Academy Of Learning And Success
Palmetto Academy of Learning and Success, a highly-rated public charter school, is committed to establishing a small, diverse learning environment that caters to each student's unique differences, learning styles, and development. Placed under the South Carolina Charter School Act, this institution offers academic choice for parents and students, thereby expanding the capacity of the public school system within the Horry County School District. The school's mission emphasizes maintaining high expectations for all students, ensuring a conducive learning atmosphere that encourages individual growth and success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Palmetto Academy of Learning and Success significantly impacts the educational landscape in Myrtle Beach, South Carolina, by offering a highly-rated public charter school option. As part of the Horry County School District, the academy expands educational choices for parents and students, enhancing the overall capacity and diversity of the region's public school system.
The school's mission focuses on creating an inclusive learning environment that recognizes and accommodates individual differences and learning styles. This approach promotes high expectations for all students, fostering academic achievement and personal growth. By emphasizing a small and diverse learning community, Palmetto Academy cultivates a supportive atmosphere where students can thrive academically and socially.
Ultimately, the academy plays a vital role in shaping the future of its students, equipping them with the skills and confidence necessary to succeed in an ever-changing world.
This information is meant to be a general summary of Palmetto Academy Of Learning And Success. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $189
- Program Service Revenue: $200,447
- Gross Receipts: $3,491,617
Assets and Liabilities:
- Total Assets: $7,314,398
- Total Liabilities: $12,520,315
- Net Assets: -$5,205,917
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICES
Revenue
$104,209
PUPIL ACTIVITIES
Revenue
$96,238
Organization Details
Founding Year
2008
Phone
(843) 839-1725Principal Officer
Courtney Dowdy
Main Address
3021 FRED NASH BLVD, MYRTLE BEACH, SC, 29577
Website
www.palmettoacademy.comNTEE Category
Code: B29 - Education
If you are a representative of Palmetto Academy Of Learning And Success and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.