Palmetto Achievement Center For Exc Ellence Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 368,074 | 1,168,080 | −800,006 | -8.2 | 0% |
| 2022 | 3,416,415 | 2,992,466 | 423,949 | -1.1 | 45% |
| 2023 | 3,913,846 | 3,777,181 | 136,665 | -0.4 | 51% |
In its most recent public year (2023), this organization brought in $136,665 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months). Staff pay was 51% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Palmetto Achievement Center For Exc Ellence Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works