2025-05-16T19:46:04-05:00 2024-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2023-07-01 263245679 PALMETTO ACADEMY OF LEARNING AND SUCCESS PALM 8438391725 3021 FRED NASH BLVD MYRTLE BEACH SC 29577 COURTNEY DOWDY PRINCIPAL 8438391725 2025-05-16 1 0 DAVID A SMITH P00045703 8642321040 2023 2025-03-06 01:10:19Z COURTNEY DOWDY 3021 FRED NASH BLVD MYRTLE BEACH SC 29577 4421573 0 X N/A X 2008 SC PALMETTO ACADEMY OF LEARNING AND SUCCESS IS A HIGHLY RATED PUBLIC CHARTER SCHOOL IN MYRTLE BEACH, SOUTH CAROLINA, THAT IS PART OF HORRY COUNTY SCHOOL DISTRICT. 7 7 45 100 0 0 3357703 4068732 222549 268436 257 405 84704 84000 3665213 4421573 0 0 0 0 2116062 2282732 0 0 0 1888232 2170174 4004294 4452906 -339081 -31333 7346296 1061499 12789914 126907 -5443618 934592 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. 0 0 3809875 268436 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. 3809875 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 5 0 45 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X COURTNEY DOWDY 8432931725 3021 FRED NASH BLVD MYRTLE BEACH SC 29577 ERWIN MATA MEMBER 0.50 X 0 0 0 TONYA MUELLER MEMBER 0.50 X 0 0 0 JAMIE BAKER MEMBER 0.50 X 0 0 0 NICOLE YOUNG-CLINE MEMBER 0.50 X 0 0 0 SARAH RUSSELL MEMBER 0.50 X 0 0 0 STEPHANIE CIONI CHAIR 0.50 X X 0 0 0 JOHNATHAN PAINTER TREASURER 0.50 X X 0 0 0 COURTNEY DOWDY EXECUTIVE DIRECTOR 40.00 X 137810 0 13528 137810 0 13528 1 0 1 0 0 4066748 1984 4068732 SCHOOL LUNCH SALES 125124 125124 PUPIL ACTIVITY 114744 114744 TUITION AND FEES 25107 25107 OTHER REVENUE 3461 3461 268436 405 405 84000 0 84000 84000 84000 4421573 268436 0 84405 1510800 1268986 241814 364964 300326 64638 298065 246871 51194 108903 90084 18819 8848 8848 89207 89207 24629 24629 1140 1140 64677 64677 26512 25939 573 365532 365532 20970 11099 9871 658887 658887 38676 30941 7735 29221 29221 STUDENT SUPPLIES & TEXT 461265 461265 SCHOOL LUNCH EXPENSES 174096 174096 STUDENT ACTIVITIES 151156 151156 SUPPLIES 54127 54127 1231 64 1167 4452906 3809875 643031 0 715760 763894 1311 66365 91522 318687 163212 4847038 155475 1625611 140819 7346296 1061499 142249 93298 30927 17255 12616738 16354 12789914 126907 X 0 0 0 0 -5443618 934592 -5443618 934592 7346296 1061499 -31333 6409543 0 X X 0 1 X 1 0 X 31135 12216 18919 267051 130629 136422 20501 20367 134 155475 DUE FROM EMPLOYEE 7000 OTHER RECEIVABLES 81867 OTHER ASSETS 51952 140819 DUE TO SC DEPT OF EDUCATION 16354 16354 4421881 308 308 4421573 0 4421573 4646781 193875 193875 4452906 0 4452906 PART XI, LINE 2D - OTHER ADJUSTMENTS: GASB PENSION, OPEB AND RIGHT-OF-USE ADJUSTMENTS NOT INCLUDED IN FORM 990 308. PART XII, LINE 2D - OTHER ADJUSTMENTS: GASB PENSION, OPEB AND RIGHT-OF-USE ADJUSTMENTS NOT INCLUDED IN FORM 990 193,875. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NONDISCRIMINATORY STATEMENT ON ITS APPLICATION AND LOTTERY OVERVIEW SHEETS, IN THE PARENT/STUDENT HANDBOOK, FACULTY HANDBOOK AND ON ITS WEBSITE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS FROM BOTH FEDERAL AND STATE SOURCES. 0 0 0 0 0 0 0 0 0 COURTNEY DOWDY EXECUTIVE DIRECTOR 137810 0 0 0 0 0 0 0 13528 0 151338 0 0 0 NICOLE YOUNG-CLINE BOARD MEMBER 13505 SPEECH SERVICES. COMPENSATION IS AT FAIR MARKET VALUE AND NEGOTIATED AT ARM'S LENGTH. 0 AMBER ROGERS - CREATIVE EDUCATIONAL SISTER OF COURTNEY DOWDY, PRINCIPAL 8698 CONSULTING SERVICES. COMPENSATION IS AT FAIR MARKET VALUE AND NEGOTIATED AT ARM'S LENGTH. 0 MICHELLE PAINTER SISTER OF BOARD MEMBER 49195 COMPENSATION - FAIR MARKET VALUE AND NEGOTIATED AT ARM'S LENGTH. 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS REVIEWED BY THE BOARD, FINANCIAL MANAGEMENT COMPANY AND EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE ANNUAL DISCLOSURES SUBMITTED BY EACH MEMBER. IN THE EVENT A POTENTIAL CONFLICT ARISES DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE ON THE MATTER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT BOARD PULLS DATA FROM THE COUNTY PAYSCALE AND PREPARES AN ANALYSIS TO ENSURE COMPENSATION IS REASONABLE FOR THE EXECUTIVE DIRECTOR. THE DISCUSSIONS ARE DOCUMENTED IN THE BOARD MINUTES. FOR ALL OTHER EMPLOYEES, SALARIES ARE SET BASED ON CERTIFICATION, YEARS TEACHING, DEGREE LEVEL AND SUBJECT AREA. THE BOARD DISCUSSES SALARY RAISES AND CHANGES EACH YEAR. ALL DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PREVIOUS YEAR.