Nonprofit · EIN 90-0999318
PANACEA PREP CHARTER SCHOOL INC
Tax-exempt · CORAL SPRINGS, FL 33071
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,474,962 | $1,345,347 | $129,615 | $289,276 | $28,226 | $261,050 |
| June 30, 2024 | 990 | $1,162,535 | $1,051,237 | $111,298 | $254,027 | $142,471 | $111,556 |
| June 30, 2023 | 990 | $920,638 | $959,710 | -$39,072 | $181,870 | $181,578 | $292 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,438,867
- of which government grants
- $169,507
- Program service revenue
- $14,673
- Investment income
- $21,422
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $445,429
- Salaries, compensation and benefits (total)
- $546,022
- Professional fundraising fees
- $0
- Legal fees
- $500
- Accounting fees
- $36,257
- Occupancy
- $176,993
- Depreciation
- $3,529
- Program services (functional)
- $1,246,795
- Management and general (functional)
- $98,552
Balance sheet and other
- Total assets, start of year
- $254,027
- Total assets, end of year
- $289,276
- Total liabilities, end of year
- $28,226
- Net assets, end of year
- $261,050
- Land, buildings and equipment
- $15,779
- Net assets without donor restrictions
- $261,050
- Gross receipts
- $1,474,962
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2012
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Cassamdra Burrows | Secretary Trustee or director, Officer | 12 | $0 |
| Bruce Johnson | Treasurer Trustee or director, Officer | 12 | $0 |
| George Simpson | Board Chair Trustee or director, Officer | 12 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cassamdra Burrows | Secretary Trustee or director, Officer | 12 | $0 |
| Bruce Johnson | Treasurer Trustee or director, Officer | 12 | $0 |
| George Simpson | Board Chair Trustee or director, Officer | 12 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cassamdra Burrows | Secretary Trustee or director, Officer | 12 | $0 |
| Bruce Johnson | Treasurer Trustee or director, Officer | 12 | $0 |
| George Simpson | Board Chair Trustee or director, Officer | 12 | $0 |
Address and contacts
- Address (IRS master file)
- 201 N UNIVERSITY DR, CORAL SPRINGS, FL 33071-7323
- Principal officer (990 for 2024)
- George Simpson, 201 N University Dr, Coral Springs, FL 33071
- Signed the 990
- George Simpson, Board Chair
- Phone
- (954) 341-5550
- Website
- http://panaceaprep.org/
- Return prepared by
- KEM Consulting LLC
Mission
Grow character and knowledge and help children achieve their dreams for the future.
Program accomplishments
- Operate an elementary school with approximately 106 students.Expenses $1,246,795 · revenue $1,474,962
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
- 90-0999318
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $289,276
- Income (IRS master file)
- $1,474,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,474,962 | $1,345,347 | $289,276 | IRS |
| 990 | June 2024 | $1,162,535 | $1,051,237 | $254,027 | IRS |
| 990 | June 2023 | $920,638 | $959,710 | $181,870 | XML |
| 990 | June 2022 | $746,707 | $940,937 | $221,242 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 90-0999318).
Questions about PANACEA PREP CHARTER SCHOOL INC
- What is the EIN of PANACEA PREP CHARTER SCHOOL INC?
- The employer identification number (EIN) of PANACEA PREP CHARTER SCHOOL INC is 90-0999318.
- Is PANACEA PREP CHARTER SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PANACEA PREP CHARTER SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PANACEA PREP CHARTER SCHOOL 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 PANACEA PREP CHARTER SCHOOL 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 PANACEA PREP CHARTER SCHOOL 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 PANACEA PREP CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 names George Simpson.
- Who are the officers and directors of PANACEA PREP CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PANACEA PREP CHARTER SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,474,962, expenses of $1,345,347 and total assets of $289,276 at year end.
Other nonprofits in CORAL SPRINGS
- ADVANTAGE ACADEMY OF HILLSBOROUGH INC EIN 26-2955088 · last filed 990 for 2025
- ADVANTAGE ACADEMY OF MIAMI INC EIN 20-3878749 · last filed 990 for 2025
- VIERA CHARTER SCHOOLS INC EIN 45-4795008 · last filed 990 for 2025
- IMAGINE AT BROWARD INC EIN 27-2883364 · last filed 990 for 2025
- ADVANTAGE ACADEMY OF PINELLAS INC EIN 45-3531206 · last filed 990 for 2025
- AFTER SCHOOL PROGRAMS SOUTH INC EIN 65-0915728
- ACADEMIC SOLUTIONS ACADEMY INC EIN 45-4667306 · last filed 990 for 2025
- FLORIDA CHARTER SCHOOL ORGANIZATION INC EIN 83-2718205 · last filed 990 for 2025