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Palm Tree Academy

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

EIN: 830392659 ✦ El paso, TX ✦ Designated as a 501(c)(3)

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Overview

What is Palm Tree Academy?

Palm Tree Academy is a full-time, private educational institution located at 143 Paragon Lane, El Paso, Texas 79912. It offers a comprehensive curriculum, incorporating both academics and religious studies, including Islamic studies, Qur'anic studies, Arabic, and extra-curricular activities. The school is committed to holistic student development, aiming to provide academic excellence and religious training. They participate in various federal programs such as Title I, II, and III, ensuring their students are well-prepared for a competitive and challenging world. With a staff of 13, Palm Tree Academy fosters an environment that encourages students to strive for success in their present and future lives.


Official website here: www.ptacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

Palm Tree Academy has received a strong rating of 90%, which reflects a high level of accountability and financial stability. The score is based entirely on a single beacon score that emphasizes the organization’s commitment to financial transparency and responsible governance. The charity has achieved maximum points in several categories, including having a fully independent board and a commendable program expense ratio of 90.29%.

The organization demonstrates robust governance practices, evidenced by the presence of a conflict of interest policy and proper documentation of board meeting minutes. However, it is noteworthy that the whistleblower policy is currently missing, which could be an area for improvement. Overall, the absence of any material diversion of assets and a favorable liabilities-to-assets ratio further solidifies Palm Tree Academy's financial health and reliability.

In summary, Palm Tree Academy stands out for its exceptional accountability and strong financial practices, making it a trustworthy choice for potential donors. Despite a minor gap in its governance policies, the organization’s high scores indicate a commitment to responsible management and effective program implementation.


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

Is Palm Tree Academy legitimate?

Palm Tree Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Tree Academy 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: $27,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,776

For more financial information, click here


Official website here: www.ptacademy.org

What is the mission statement of Palm Tree Academy?

Palm Tree Academy's mission is centered around the holistic development of its students. The academy aims to equip students with both academic excellence and religious training, enabling them to strive for success in their future endeavors, both in this world and the hereafter. Recognizing the increasing competitiveness and challenges of the modern world, Palm Tree Academy provides a comprehensive learning environment that includes Islamic studies, Qur'anic studies, Arabic language courses, extra-curricular activities, and events. The academy also participates in federal programs and offers standardized testing to prepare students for their educational journeys.


Official website here: www.ptacademy.org

Who is the CEO of Palm Tree Academy?

Cecilia Orozco is the School Principal of Palm Tree Academy.


Official website here: www.ptacademy.org

What is the revenue of Palm Tree Academy?

Palm Tree Academy's revenue in 2023 was $154,621.


Official website here: www.ptacademy.org

Who are the executives of Palm Tree Academy and what are their salaries?

The average compensation at Palm Tree Academy during 2023 was $9,983. There are 13 employees at Palm Tree Academy.


Here are 5 key members and their salaries:


Nichole C Orozco (School Principal)
  • Compensation: $27,001
  • Related: $0
  • Other: $0
Laura Kassim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehia Ibrahim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecilia Orozco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nazmi Alhajasaad (School Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ptacademy.org

Where can I find the form 990 for Palm Tree Academy?

Palm Tree Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ptacademy.org

Learn more at the official website: www.ptacademy.org

Mission Statement of Palm Tree Academy

Palm Tree Academy, a full-time private school, is devoted to the holistic development of its students. The institution's mission is to offer academic excellence alongside religious training. It aims to prepare its students for success in both their present lives and the hereafter, equipping them to navigate the increasingly competitive and challenging world. Palm Tree Academy believes in nurturing its students as wholesome individuals, providing them with a balanced education that includes Islamic studies, Qur'anic studies, Arabic, and extra-curricular activities. The school participates in Title I, II, and III federal programs, further enhancing its educational offerings.

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Impact




October, 2024

Palm Tree Academy significantly impacts the educational landscape in El Paso, TX, by fostering a holistic development approach for students. The academy prioritizes academic excellence alongside religious instruction, ensuring that students are well-prepared for both their academic and spiritual journeys.

With a curriculum that includes full academics, Islamic studies, Qur'anic studies, and Arabic, Palm Tree Academy lays a strong educational foundation while encouraging personal growth. In addition to core subjects, the school offers extracurricular activities and events that enrich the student experience, promoting well-rounded development.

Participation in state and national standardized testing and various federal programs enhances academic engagement and resources, further solidifying its commitment to academic rigor. By nurturing both intellectual and spiritual growth, Palm Tree Academy prepares students to navigate an increasingly competitive world successfully. The institution’s mission to develop the student as a whole ensures that they can strive for success in this life and the hereafter, underscoring its profound impact on the community.




This information is meant to be a general summary of Palm Tree Academy. 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
$154,621 (2023)
Expenses
$202,844 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $79,015
  • Gross Receipts: $154,621

Assets and Liabilities:

  • Total Assets: $42,151
  • Total Liabilities: $9,107
  • Net Assets: $33,044

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Programs

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

TUITION AND FEES

Revenue

$79,015

Organization Details

Founding Year

2004

Principal Officer

Cecilia Orozco

Main Address

143 PARAGON LN, EL PASO, TX, 79912

NTEE Category

Code: B21 - Education

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