Overview
What is The Palmas Academy Inc?
The Palmas Academy Inc, situated in Humacao, RQ (RQ being the Country Code and Humacao being the City), is a dedicated nonprofit organization offering educational services. With approximately 333 students from pre-kindergarten to twelfth grade, this institution plays a significant role in their academic journey. The organization employs a team of 60 individuals, demonstrating its commitment to providing quality education. The Palmas Academy Inc's mission revolves around offering comprehensive educational services to its students, ensuring a well-rounded learning experience.
Official website here: www.thepalmasacademy.com
Is The Palmas Academy Inc legitimate?
The Palmas Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Palmas Academy 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:
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Other Salaries and Wages: $3,141,987
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Official website here: www.thepalmasacademy.com
What is the mission statement of The Palmas Academy Inc?
The Palmas Academy Inc is committed to providing educational services to approximately 333 students, ranging from pre-kindergarten to 12th grade. Their mission, as stated, primarily revolves around this educational service provision. However, to delve a bit deeper, one could infer that their aim is to provide a nurturing and conducive learning environment for these students, enabling them to grow and develop academically. The academy seems to be dedicated to playing a significant role in shaping the future of its students, contributing to their overall educational journey.
Official website here: www.thepalmasacademy.com
What is the revenue of The Palmas Academy Inc?
The Palmas Academy Inc's revenue in 2024 was $5,379,767.
Official website here: www.thepalmasacademy.com
Who are the executives of The Palmas Academy Inc and what are their salaries?
The average compensation at The Palmas Academy Inc during 2024 was $32,061. There are 98 employees at The Palmas Academy Inc.
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- Compensation: $235,599
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Official website here: www.thepalmasacademy.com
Where can I find the form 990 for The Palmas Academy Inc?
The Palmas Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thepalmasacademy.com
Learn more at the official website: www.thepalmasacademy.com
Mission Statement of The Palmas Academy Inc
The Palmas Academy Inc, a nonprofit organization, is dedicated to providing educational services to approximately 333 students from pre-kindergarten to twelfth grade. Its mission encompasses a comprehensive approach to education, aiming to foster learning and growth in young minds from their early years through high school. By offering a wide range of educational programs and resources, The Palmas Academy Inc seeks to equip its students with the knowledge and skills necessary to succeed in their academic pursuits and beyond.
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Impact
October, 2024
The Palmas Academy Inc significantly impacts the educational landscape by providing comprehensive educational services to approximately 333 students from pre-kindergarten to 12th grade. By focusing on delivering quality education, the academy fosters academic growth and personal development, enabling students to thrive in a supportive learning environment. The institution’s commitment to education not only enhances individual student outcomes but also contributes to the overall development of the community by preparing young minds for future challenges. Through its tailored programs and dedicated faculty, The Palmas Academy Inc plays a crucial role in shaping the next generation of learners and leaders.
This information is meant to be a general summary of The Palmas Academy 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 2024.
- Investment Income: $14,906
- Program Service Revenue: $3,772,308
- Gross Receipts: $5,417,738
Assets and Liabilities:
- Total Assets: $10,618,970
- Total Liabilities: $8,297,181
- Net Assets: $2,321,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$2,992,516
REGISTRATION AND APPLIC. FEES
Revenue
$369,102
BUILDING FEES
Revenue
$239,631
SUMMER CAMP
Revenue
$110,657
EXTENDED PROGRAM
Revenue
$60,402
Organization Details
Founding Year
1992
Principal Officer
David Hurwitz
Website
www.thepalmasacademy.comNTEE Category
Code: B24 - Education
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