2017-04-18T12:48:09-05:00 2016-06-30 570381582 ELLIOTT DAVIS DECOSIMO LLC PLLC 1901 MAIN STREET SUITE 900 COLUMBIA SC 29201 990 2015-07-01 263245679 PALMETTO ACADEMY OF LEARNING AND SUCCESS PALM 8438391725 3021 FRED NASH BLVD MYRTLE BEACH SC 29577 MS COURTNEY FANCHER PRINCIPAL 8438391725 2017-03-30 1 DENISE P HILL CPA P00046615 8032560002 2015 2021-01-29 14:40:06Z MS COURTNEY FANCHER POST OFFICE BOX 15432 SURFSIDE SC 29587 2837119 0 X WWW.PALMETTOACADEMY.COM X 2008 SC 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. BY PROVIDING MEANINGFUL AND INNOVATIVE LEARNING EXPERIENCES, INSTRUCTION FOR MULTIPLE LEARNING STYLES, ACCESS TO TECHNOLOGY, AND ENCOURAGING FAMILY AND COMMUNITY INVOLVEMENT, THE ORGANIZATION IS COMMITTED TO GUIDING STUDENTS IN THE DEVELOPMENT OF BOTH THEIR CHARACTER AND ACADEMIC POTENTIAL IN PREPARATION FOR THEIR SUCCESS AS LIFE LONG LEARNERS. 7 7 46 300 0 0 2794994 2572518 136166 179444 285 826 109085 84331 3040530 2837119 0 0 0 0 1574546 1709723 0 0 0 1282475 1336994 2857021 3046717 183509 -209598 1442155 1366513 1960833 2094789 -518678 -728276 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 2158664 112207 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. 2158664 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 46 1 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 MS COURTNEY FANCHER 8432931725 3021 FRED NASH BLVD MYRTLE BEACH SC 29577 STEPHANIE MERIDITH CHAIR 0.50 X X 0 0 0 JONATHAN PAINTER TREASURER 0.50 X X 0 0 0 BILL SAMMONS MEMBER 0.50 X 0 0 0 BRAD FAIRCLOTH MEMBER 0.50 X 0 0 0 NICOLE YOUNG-CLINE MEMBER 0.50 X 0 0 0 AMY GARCIA MEMBER 0.50 X 0 0 0 TAMARA CULLUM MEMBER 0.50 X 0 0 0 COURTNEY FANCHER EXECUTIVE DIRECTOR 40.00 X 120411 0 26535 120411 0 26535 1 0 0 0 0 2561444 11074 2572518 PUPIL ACTIVITIES 900099 112207 112207 LUNCH SALES 900099 67237 67237 179444 826 826 84331 0 84331 84331 84331 2837119 179444 0 85157 146946 128821 18125 1051093 921443 129650 99699 80676 19023 320335 259213 61122 91650 74163 17487 1137 1137 14750 14750 37315 37315 PURCHASED SERVICES 825390 417360 408030 SUPPLIES & MATERIALS 236473 197972 38501 OTHER OBJECTS 138528 138528 PUBLIC UTILITIES & ENER 83401 41701 41700 3046717 2158664 888053 0 1078692 987443 275 1089 8558 9981 211454 124720 124049 86734 230581 281266 1442155 1366513 47749 95237 1913084 1999552 1960833 2094789 X -588808 -778856 70130 50580 -518678 -728276 1442155 1366513 -209598 0 X 0 1 X 1 0 X 1445256 1331474 2669971 2794994 2572518 10814213 1445256 1331474 2669971 2794994 2572518 10814213 10814213 8468 7200 63000 109370 85157 273195 11087408 0.97540 0.98020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 166362 104177 62185 45092 20543 24549 86734 DUE FROM OTHER GOVERNMENTAL UNITS 71159 DEFERRED PENSION INVESTMENT OUTFLOWS OF RESOURCES 210107 281266 CAPITAL LEASE 36154 PENSION OBLIGATION 1959893 DEFERRED PENSION INVESTMENT INFLOWS OF RESOURCES 3505 1999552 2837119 0 2837119 0 2837119 3046717 0 3046717 0 3046717 FIN 48: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48. 1 1 1 1 1 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 6 THE SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS FROM BOTH FEDERAL AND STATE SOURCES. FORM 990, PART VI, SECTION B, LINE 11 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 OF A POTENTIAL CONFLICT THAT PERSON RECUSES 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 A ANALYSIS TO ENSURE COMPENSATION WAS APPROPRIATE FOR THE POSITION. THE DISCUSSIONS ARE DOCUMENTED. FOR OTHER EMPLOYEES, SALARIES ARE SET BASED ON CERTIFICATION, YEARS TEACHING, DEGREE LEVEL AND SUBJECT AREA. THE BOARD DISCUSSES SALARY RAISES AND CHANGES EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.