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Panama City Advanced School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593321453 ✦ Panama city, FL ✦ Designated as a 501(c)(3)

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Overview

What is Panama City Advanced School?

Panama City Advanced School is a dedicated educational institution committed to offering high-quality education to its students. The school's primary objective is to foster a strong educational foundation and instill good discipline among its pupils. To achieve this, it places great emphasis on maintaining a drug-free and secure environment for its students. The school's mission is multifaceted, encompassing not only academic excellence but also promoting a safe and disciplined learning environment.


Official website here: www.pcasfl.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement.

Panama City Advanced School received a two-star rating with an overall score of 69%. The organization demonstrates strong accountability in certain areas, notably having 100% independent board members and no reported material diversion of assets. However, the absence of financial statements and key policies such as conflict of interest and whistleblower policies significantly impacts its rating.

While the school effectively allocates 100% of its expenses towards programs, it lacks transparency in financial reporting, which is critical for building donor trust. The missing tax forms on its website and various governance policies are notable shortcomings that could hinder its operational effectiveness and accountability to stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Panama City Advanced School legitimate?

Panama City Advanced School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panama City Advanced School 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: $58,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,927

For more financial information, click here


Official website here: www.pcasfl.net

What is the mission statement of Panama City Advanced School?

The Panama City Advanced School is committed to delivering an exceptional educational experience for its students. They achieve this by instilling a solid educational foundation and fostering good discipline. Furthermore, the school places a high emphasis on maintaining a drug-free and secure environment for its pupils, ensuring their well-being and safety.


Official website here: www.pcasfl.net

Who is the CEO of Panama City Advanced School?

Rashid Karaman is the Director of Panama City Advanced School.


Official website here: www.pcasfl.net

What is the revenue of Panama City Advanced School?

Panama City Advanced School's revenue in 2022 was $1,302,223.


Official website here: www.pcasfl.net

Who are the executives of Panama City Advanced School and what are their salaries?

The average compensation at Panama City Advanced School during 2022 was $20,543. There are 39 employees at Panama City Advanced School.


Here are 6 key members and their salaries:


Rashid Karaman (Director)
  • Compensation: $58,266
  • Related: $0
  • Other: $0
Mohammed Yahia Abdule-Rahim (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riyad Albibi Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hashem Mubarak (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marwin Obid (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maged Shalaby (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pcasfl.net

Where can I find the form 990 for Panama City Advanced School?

Panama City Advanced School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pcasfl.net

Learn more at the official website: www.pcasfl.net

Mission Statement of Panama City Advanced School

Panama City Advanced School, a dedicated educational institution, is committed to providing an exceptional learning experience for its students. The school's mission is twofold: firstly, it aims to educate students with a robust foundation in academics. Secondly, it emphasizes the importance of discipline, fostering a positive and orderly environment. Moreover, Panama City Advanced School is firmly against substance abuse and strives to maintain a drug-free campus. This holistic approach to education, focusing on academic excellence, discipline, and safety, is at the heart of the school's mission.

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Impact




July, 2024

Panama City Advanced School's impact is significant in providing an excellent education for students in Panama City, FL. The school focuses on educating students with a strong foundation in education and promoting good discipline. By prioritizing a drug-free and safe environment, Panama City Advanced School ensures that students have a conducive space for learning and personal growth. Through its commitment to education and discipline, the school plays a crucial role in shaping the future of its students and contributing positively to the community.




This information is meant to be a general summary of Panama City Advanced School. 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.

Revenue
$1,302,223 (2022)
Expenses
$1,193,083 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,356
  • Program Service Revenue: $1,016,141
  • Gross Receipts: $1,302,223

Assets and Liabilities:

  • Total Assets: $2,045,931
  • Total Liabilities: $0
  • Net Assets: $2,045,931

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOLARSHIP

Revenue

$603,964

TUITION

Revenue

$412,177

Organization Details

Founding Year

1999

Principal Officer

Rashid Karaman

Main Address

3332 TOKEN ROAD, PANAMA CITY, FL, 324053320

NTEE Category

Code: B20 - Education

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