Overview
What is Palm Tree School Inc?
Palm Tree School Inc, located in Vienna, VA, serves as a religious education institution catering to children from preschool to secondary grades. The school's mission is to provide religious education, and it covers associated expenses such as program services, legal fees, and professional fees. Palm Tree School aims to extend its services to children in the entire DC Metro area, offering a comprehensive educational experience that goes beyond religious teachings.
Official website here: www.palmtreeschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Palm Tree School Inc has received a low rating of 56%, reflecting significant concerns regarding its accountability and financial practices. The lack of independent board members raises potential governance issues, as an independent board is critical for ensuring transparency and accountability in nonprofit operations. While the organization has scored well in some areas, such as its program expense ratio, the overall low rating suggests areas in need of improvement.
Financially, the organization shows a concerning liabilities to assets ratio of 99.51%, indicating that nearly all of its assets are offset by liabilities, which could pose sustainability challenges. Additionally, the absence of key policies such as a whistleblower policy and document retention protocols highlights potential risks in governance and compliance.
On a positive note, the organization has maintained high scores for its financial statements and has not reported any material diversion of assets, suggesting that it is effectively managing its funds. However, the overall lack of critical governance policies and the independent board structure reflect a need for urgent attention to improve its rating and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Palm Tree School Inc legitimate?
Palm Tree School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Tree School Inc 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: $0
For more financial information, click here
Official website here: www.palmtreeschool.com
What is the mission statement of Palm Tree School Inc?
Palm Tree School Inc serves as a religious education institution, extending its services to children from preschool to secondary grades within the DC Metro area. Its mission is to provide a comprehensive religious education, fostering the spiritual growth of each student. The school aims to create an inclusive environment, promoting understanding and acceptance among its students. By offering educational programs, it strives to instill values and beliefs, helping students develop holistically. The school also supports its students through various program services, covering related expenses and professional fees.
Official website here: www.palmtreeschool.com
Who is the CEO of Palm Tree School Inc?
Karima Zohdi is the President of Palm Tree School Inc.
Official website here: www.palmtreeschool.com
What is the revenue of Palm Tree School Inc?
Palm Tree School Inc's revenue in 2022 was $877,431.
Official website here: www.palmtreeschool.com
Who are the executives of Palm Tree School Inc and what are their salaries?
There are 4 employees at Palm Tree School Inc.
Here are 4 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
Official website here: www.palmtreeschool.com
Where can I find the form 990 for Palm Tree School Inc?
Palm Tree School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palmtreeschool.com
Learn more at the official website: www.palmtreeschool.com
Mission Statement of Palm Tree School Inc
Palm Tree School Inc, a religious education institution, is dedicated to serving children from preschool to secondary grades in the DC Metro area. Its mission is to provide a comprehensive educational experience that integrates religious teachings into its curriculum. The school undertakes various program services and incurs associated expenses, as well as managing legal and professional fees to ensure smooth operations. Palm Tree School Inc's mission is to nurture and educate young minds, instilling moral and spiritual values while preparing them for academic success.
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Impact
October, 2024
Palm Tree School Inc plays a significant role in the educational landscape of the DC Metro area by providing tailored religious education for children from preschool through secondary grades. Located in Vienna, VA, the school creates an environment where children can grow academically while also exploring their spiritual development. This dual focus on education and faith fosters a holistic growth experience for students.
By catering to a diverse community, Palm Tree School serves as a vital resource for families seeking a values-based education that aligns with their beliefs. The programs offered not only address academic learning but also encompass essential teachings that promote moral and ethical understanding. This approach cultivates a sense of community and belonging among students, which is crucial in today’s increasingly interconnected society.
In addition to its educational services, Palm Tree School actively engages in covering necessary expenses related to program services, ensuring that children receive a quality education without financial barriers. By providing a nurturing space for learning, Palm Tree School Inc positively impacts the personal and spiritual development of its students, helping to prepare them for their future endeavors in a rapidly changing world.
This information is meant to be a general summary of Palm Tree School Inc. 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.
- Program Service Revenue: $761,627
- Gross Receipts: $877,431
Assets and Liabilities:
- Total Assets: $2,372,131
- Total Liabilities: $2,360,592
- Net Assets: $11,539
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Fee
Revenue
$761,627
Organization Details
Founding Year
2010
Phone
(703) 665-9915Principal Officer
Karima Zohdi
Main Address
1717 Landon Hill Rd, Vienna, VA, 22182
Website
www.palmtreeschool.comNTEE Category
Code: B24 - Education
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