Nonprofit · EIN 95-2133079
PALM VALLEY SCHOOL
Tax-exempt · RANCHO MIRAGE, CA 92270
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,755,529 | $8,114,880 | -$1,359,351 | $13,893,410 | $10,177,891 | $3,715,519 |
| June 30, 2024 | 990 | $7,733,249 | $8,430,537 | -$697,288 | $12,681,291 | $7,626,522 | $5,054,769 |
| June 30, 2023 | 990 | $7,026,513 | $7,864,552 | -$838,039 | $13,624,821 | $7,884,361 | $5,740,460 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $94,090
- Program service revenue
- $6,410,217
- Investment income
- $19,631
- Net rental income
- $6,800
- Net income from fundraising events
- $128,729
- Other revenue
- $231,591
Expenses
- Grants and similar amounts paid
- $976,898
- Other salaries and wages
- $3,844,876
- Salaries, compensation and benefits (total)
- $4,652,525
- Professional fundraising fees
- $0
- Legal fees
- $40,843
- Accounting fees
- $17,900
- Occupancy
- $354,788
- Depreciation
- $602,793
- Program services (functional)
- $6,214,681
- Management and general (functional)
- $1,853,673
- Fundraising (functional)
- $46,526
Balance sheet and other
- Total assets, start of year
- $12,681,291
- Total assets, end of year
- $13,893,410
- Total liabilities, end of year
- $10,177,891
- Net assets, end of year
- $3,715,519
- Land, buildings and equipment
- $9,932,316
- Net assets without donor restrictions
- $3,647,228
- Net assets with donor restrictions
- $68,291
- Gross receipts
- $6,793,534
- Employees
- 96
- Volunteers
- 40
- Year formed
- 2000
- State of legal domicile
- CA
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 |
|---|---|---|---|---|
| STEVEN SHERMAN | CEO- FORMER Former | 40 | $324,562 | $10,000 |
| PAUL LEWIN | DEVELOPMENT Highest-paid employee | 40 | $112,609 | $1,041 |
| VICENTE FUENTES | CFO Officer | 40 | $51,201 | $1,166 |
| JUDITH ARNSTEIN | NEW HEAD OF Officer | 40 | $26,322 | $0 |
| SARAH DUNN | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| KEVIN DORAN | VICE-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GARRETT FALZONE | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| SARA ROUCHE | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| BRIANA JORDAN | EMERITUS MEM Trustee or director | 5 | $0 | $0 |
| STONE JAMES | MEMBER Trustee or director | 5 | $0 | $0 |
| NATHAN OTTO | MEMBER Trustee or director | 5 | $0 | $0 |
| PAUL ANTLE | MEMBER Trustee or director | 5 | $0 | $0 |
| ELIZABETH RICHARDSON | MEMBER Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR STEVEN SHERMAN | HEAD OF SCHO Officer | 40 | $320,000 | $60,000 |
| PAUL LEWIN | BOARD MEMBER Highest-paid employee | 40 | $122,000 | $45,243 |
| DAVID WOLFE | CFO Officer | 40 | $135,000 | $9,000 |
| FRANCENE FISHER | NEW HEAD OF Officer | 40 | $0 | $0 |
| STONE JAMES | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| SARAH DUNN | VICE-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| KEVIN DORAN | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| BRIANA JORDAN | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| NATHAN OTTO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GARRETT FALZONE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SARA ROUCHE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| PAUL ANTLE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ELIZABETH RICHARDSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR STEVEN SHERMAN | HEAD OF SCHO Officer | 40 | $287,500 | $57,031 |
| DAVID WOLFE | CFO Officer | 40 | $66,111 | $1,269 |
| STONE JAMES | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| SARAH DUNN | VICE-CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| KEVIN DORAN | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| BRIANA JORDAN | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ROGER SNOBLE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NATHAN OTTO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LAUREN SKIVER | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 35525 DA VALL DR, RANCHO MIRAGE, CA 92270-1822
- Principal officer (990 for 2024)
- JUDITH ARNSTEIN, 35525 DA VALL DR, RANCHO MIRAGE, CA 92270
- Signed the 990
- VICENTE FUENTES, CFO
- Phone
- (760) 328-0861
- Website
- WWW.PVS.ORG
- Return prepared by
- COACHELLA VALLEY ACCOUNTING & AUDITING
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2133079 or by the name PALM VALLEY SCHOOL.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PALM VALLEY SCHOOL IS AN EXCEPTIONAL LEARNING COMMUNITY THAT EDUCATES, NURTURES, AND CHALLENGES EACH STUDENT TO ACHIEVE EXCELLENCE AND CONTRIBUTE TO OUR GLOBAL SOCIETY.
Program accomplishments
- EDUCATIONAL PROGRAMS BENEFITTING PRIMARY AND SECONDARY GRADE LEVEL STUDENTS OF ANY RACE, CREED, OR COLOR.Expenses $6,214,681 · grants $976,898
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
- 95-2133079
- 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
- 1961
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $13,893,410
- Income (IRS master file)
- $6,793,534
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,755,529 | $8,114,880 | $13,893,410 | IRS |
| 990 | June 2024 | $7,733,249 | $8,430,537 | $12,681,291 | IRS |
| 990 | June 2023 | $7,026,513 | $7,864,552 | $13,624,821 | XML |
| 990 | June 2022 | $6,168,174 | $6,979,195 | $14,833,118 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 95-2133079).
Questions about PALM VALLEY SCHOOL
- What is the EIN of PALM VALLEY SCHOOL?
- The employer identification number (EIN) of PALM VALLEY SCHOOL is 95-2133079.
- Is PALM VALLEY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Are donations to PALM VALLEY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM VALLEY SCHOOL 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 PALM VALLEY SCHOOL 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 PALM VALLEY SCHOOL 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 PALM VALLEY SCHOOL?
- The 990 for the year ended June 30, 2025 names JUDITH ARNSTEIN.
- Who are the officers and directors of PALM VALLEY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 13 people; 4 received compensation from the organization, the highest $324,562 (STEVEN SHERMAN, CEO- FORMER).
- How much revenue does PALM VALLEY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,755,529, expenses of $8,114,880 and total assets of $13,893,410 at year end.
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