Skip to content
Nonprofiteer
← PALMETTO CHRISTIAN ACADEMY OF GREENWOOD INC

Form 990 for tax year 2022

Filed by PALMETTO CHRISTIAN ACADEMY OF GREENWOOD INC.

Totals

Total revenue
$1,006,600
Total expenses
$1,097,964
Contributions and grants received
$260,521
Grants paid
$63,016
Program service revenue
$737,681
Investment income
$1,926
Other revenue
$6,472
Total assets, end of year
$673,264
Total liabilities, end of year
$517,744
Net assets or fund balances, end of year
$155,520
Program services expenses (Part IX)
$1,043,956
Management and general expenses
$54,008
Fundraising expenses
$0
Program service expenses (Part III)
$1,043,956

Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $5,287

  • 1e · Government grants (contributions)

    $50,550

  • 1f · All other contributions, gifts and grants

    $204,684

  • 2a · Program service revenue: TUITION AND FEES

    total $737,681 · related or exempt $737,681

  • 3 · Investment income

    total $1,926 · excluded $1,926

  • 8a · Fundraising events: gross income

    $11,502

  • 8a · Fundraising events: contributions included on line 1c

    $5,287

  • 8b · Fundraising events: direct expenses

    $5,030

  • 8c · Net income from fundraising events

    total $6,472

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $63,016 · program services $63,016

  • 5 · Compensation of officers, directors and key employees

    total $33,333 · program services $11,776 · management and general $21,557

  • 7 · Other salaries and wages

    total $620,498 · program services $620,498

  • 10 · Payroll taxes

    total $50,018 · program services $48,368 · management and general $1,650

  • 12 · Advertising and promotion

    total $8,086 · management and general $8,086

  • 13 · Office expenses

    total $19,063 · program services $4,301 · management and general $14,762

  • 14 · Information technology

    total $4,231 · program services $955 · management and general $3,276

  • 16 · Occupancy

    total $117,848 · program services $117,848

  • 17 · Travel

    total $1,542 · program services $1,542

  • 19 · Conferences, conventions and meetings

    total $4,472 · program services $4,472

  • 20 · Interest

    total $4,507 · management and general $4,507

  • 22 · Depreciation, depletion and amortization

    total $13,117 · program services $13,117

  • 23 · Insurance

    total $8,350 · program services $8,180 · management and general $170

  • 24a · Other expenses: FEES

    total $44,978 · program services $44,978

  • 24b · Other expenses: LUNCH PROGRAM

    total $34,354 · program services $34,354

  • 24c · Other expenses: CURRICULUM

    total $20,554 · program services $20,554

  • 24d · Other expenses: ATHLETICS

    total $19,911 · program services $19,911

  • 24e · All other expenses

    total $30,086 · program services $30,086

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $216,269 · end of year $9,125

  • 4 · Accounts receivable

    beginning of year $196,651 · end of year $577,363

  • 10a · Land, buildings and equipment: cost or other basis

    $291,583

  • 10b · Land, buildings and equipment: accumulated depreciation

    $204,807

  • 10c · Land, buildings and equipment, net

    beginning of year $99,892 · end of year $86,776

  • 17 · Accounts payable and accrued expenses

    beginning of year $30,206 · end of year $2,878

  • 24 · Unsecured notes and loans payable

    beginning of year $171,456 · end of year $514,866

  • 25 · Other liabilities

    beginning of year $64,266

  • 31 · Retained earnings, endowment or other funds

    beginning of year $246,884 · end of year $155,520

Mission and programs · 2022

Mission

PALMETTO CHRISTIAN ACADEMY OF GREENWOOD PROVIDES AN ENVIRONMENT OF ACADEMIC EXCELLENCE AND CHRISTIAN NURTURE TO PREPARE STUDENTS FOR GODLY LIVING.

  • PALMETTO CHRISTIAN ACADEMY OF GREENWOOD WILL JOIN WITH PARENTS TO PREPARE ITS STUDENTS SPIRITUALLY, ACADEMICALLY, SOCIALLY, AND PHYSICALLY SO THEY MAY MAKE A POSITIVE IMPACT FOR CHRIST WHEREVER GOD CALLS THEM. THE SCHOOL'S CORE VALUES ARE: PASSION FOR LEARNING; CHRISTIAN THINKERS; ACCOUNTABILITY FOR STUDENTS, PARENTS, TEACHERS, BOARD; GROWTH IN CHRIST. PALMETTO CHRISTIAN ACADEMY OF GREENWOOD ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN TO ALL RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES MADE AVAILABLE TO THE STUDENTS AT THE SCHOOL. THE SCHOOL PROVIDES A PRESCHOOL THROUGH 12TH GRADE CURRICULUM.

    Expenses $1,043,956 · Grants $63,016 · Revenue $737,681

As filed on the 2022 return.

Listed in Part VII

  • Dawn Smith

    HEAD OF SCHO

    Total calculated
    $33,333
    From this org
    $33,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tim Austin

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Bryan Barnett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Cathcart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lindsay Clarke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kela Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Helmuth

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Lindsay Hodges

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Christian Logan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Keisha Parker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • George Schwab

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333199349311533

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.