Nonprofit · EIN 26-3245679
PALMETTO ACADEMY OF LEARNING AND SUCCESS INC
Tax-exempt · MYRTLE BEACH, SC 29577
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,092,156 | $4,036,237 | $55,919 | $1,540,922 | $550,412 | $990,510 |
| June 30, 2024 | 990 | $4,421,573 | $4,452,906 | -$31,333 | $1,061,499 | $126,907 | $934,592 |
| June 30, 2023 | 990 | $3,665,203 | $4,004,294 | -$339,091 | $7,346,296 | $12,789,914 | -$5,443,618 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,537,687
- of which government grants
- $3,537,567
- Program service revenue
- $428,408
- Investment income
- $42,061
- Net rental income
- $84,000
- Other revenue
- $84,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $137,557
- Other salaries and wages
- $1,402,707
- Salaries, compensation and benefits (total)
- $2,326,400
- Professional fundraising fees
- $0
- Accounting fees
- $98,375
- Occupancy
- $408,316
- Travel
- $4,678
- Depreciation
- $46,638
- Program services (functional)
- $3,402,837
- Management and general (functional)
- $633,400
Balance sheet and other
- Total assets, start of year
- $1,061,499
- Total assets, end of year
- $1,540,922
- Total liabilities, end of year
- $550,412
- Net assets, end of year
- $990,510
- Land, buildings and equipment
- $310,698
- Gross receipts
- $4,092,156
- Employees
- 45
- Volunteers
- 100
- Year formed
- 2008
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COURTNEY DOWDY | EXECUTIVE DIRECTOR Officer | 40 | $137,557 | $18,935 |
| ERWIN MATA | MEMBER Trustee or director | 0.5 | $0 | $0 |
| TONYA MUELLER | MEMBER Trustee or director | 0.5 | $0 | $0 |
| JAMIE BAKER | MEMBER Trustee or director | 0.5 | $0 | $0 |
| NICOLE YOUNG-CLINE | MEMBER Trustee or director | 0.5 | $0 | $0 |
| SARAH RUSSELL | MEMBER Trustee or director | 0.5 | $0 | $0 |
| STEPHANIE CIONI | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JOHNATHAN PAINTER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COURTNEY DOWDY | EXECUTIVE DIRECTOR Officer | 40 | $137,810 | $13,528 |
| ERWIN MATA | MEMBER Trustee or director | 0.5 | $0 | $0 |
| TONYA MUELLER | MEMBER Trustee or director | 0.5 | $0 | $0 |
| JAMIE BAKER | MEMBER Trustee or director | 0.5 | $0 | $0 |
| NICOLE YOUNG-CLINE | MEMBER Trustee or director | 0.5 | $0 | $0 |
| SARAH RUSSELL | MEMBER Trustee or director | 0.5 | $0 | $0 |
| STEPHANIE CIONI | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JOHNATHAN PAINTER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COURTNEY DOWDY | EXECUTIVE DIRECTOR Officer | 40 | $151,497 |
| ERWIN MATA | MEMBER Trustee or director | 0.5 | $0 |
| TONYA MUELLER | MEMBER Trustee or director | 0.5 | $0 |
| JAMIE BAKER | MEMBER Trustee or director | 0.5 | $0 |
| NICOLE YOUNG-CLINE | MEMBER Trustee or director | 0.5 | $0 |
| SARAH RUSSELL | MEMBER Trustee or director | 0.5 | $0 |
| STEPHANIE CIONI | CHAIR Trustee or director, Officer | 0.5 | $0 |
| JOHNATHAN PAINTER | TREASURER Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3021 FRED NASH BLVD, MYRTLE BEACH, SC 29577-6768
- In care of
- % COURTNEY FANCHER
- Principal officer (990 for 2024)
- COURTNEY DOWDY, 3021 FRED NASH BLVD, MYRTLE BEACH, SC 29577
- Signed the 990
- COURTNEY DOWDY, PRINCIPAL
- Phone
- (843) 839-1725
- Return prepared by
- MARTIN SMITH & COMPANY CPAS PA
Mission
TO CREATE A SMALL, DIVERSE LEARNING ENVIRONMENT THAT ACCOMODATES EACH STUDENT'S INDIVIDUAL DIFFERENCES, LEARNING STYLES, AND DEVELOPMENT WHILE PROMOTING HIGH EXPECTATIONS FOR ALL STUDENTS.
Program accomplishments
- ORGANIZED UNDER THE SOUTH CAROLINA CHARTER SCHOOL ACT, THE SCHOOL PROVIDES ACADEMIC CHOICE FOR PARENTS AND STUDENTS WHILE EXPANDING THE CAPACITY OF THE PUBLIC SCHOOL SYSTEM IN THE HORRY COUNTY SCHOOL DISTRICT.Expenses $3,402,837 · revenue $428,408
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3245679
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $1,540,922
- Income (IRS master file)
- $4,092,156
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,092,156 | $4,036,237 | $1,540,922 | IRS |
| 990 | June 2024 | $4,421,573 | $4,452,906 | $1,061,499 | IRS |
| 990 | June 2023 | $3,665,203 | $4,004,294 | $7,346,296 | XML |
| 990 | June 2022 | $3,491,617 | $3,562,602 | $7,314,398 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3245679).
Questions about PALMETTO ACADEMY OF LEARNING AND SUCCESS INC
- What is the EIN of PALMETTO ACADEMY OF LEARNING AND SUCCESS INC?
- The employer identification number (EIN) of PALMETTO ACADEMY OF LEARNING AND SUCCESS INC is 26-3245679.
- Is PALMETTO ACADEMY OF LEARNING AND SUCCESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to PALMETTO ACADEMY OF LEARNING AND SUCCESS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALMETTO ACADEMY OF LEARNING AND SUCCESS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALMETTO ACADEMY OF LEARNING AND SUCCESS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALMETTO ACADEMY OF LEARNING AND SUCCESS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PALMETTO ACADEMY OF LEARNING AND SUCCESS INC?
- The 990 for the year ended June 30, 2025 names COURTNEY DOWDY.
- Who are the officers and directors of PALMETTO ACADEMY OF LEARNING AND SUCCESS INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $137,557 (COURTNEY DOWDY, EXECUTIVE DIRECTOR).
- How much revenue does PALMETTO ACADEMY OF LEARNING AND SUCCESS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,092,156, expenses of $4,036,237 and total assets of $1,540,922 at year end.
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