2024-05-16T13:02:18-05:00 2023-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2022-07-01 842613516 PALMETTO ACHIEVEMENT CENTER FOR EXCELLENCE ACADEMY INC PALM 8032519138 6015 N MAIN ST COLUMBIA SC 29203 MELISSA RABON EXECUTIVE DIRECTOR 8032519138 2024-05-15 1 MELISSA RABON 999009999 0 DAVID A SMITH P00045703 8642321040 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN W JAMES 6015 N MAIN ST COLUMBIA SC 29203 3913846 0 X CHOOSEPACE.ORG X 2019 SC THE MISSION OF PACE IS TO PROVIDE STUDENTS WITH AN INDIVIDUALIZED, RESEARCH-BASED EDUCATIONAL EXPERIENCE THAT ENABLES CHILDREN, INCLUDING THOSE WITH LANGUAGE-BASED DIFFICULTIES, TO ACHIEVE ACADEMIC EXCELLENCE IN THE GENERAL EDUCATION CLASSROOM THEREBY DECREASING THE NEED FOR EXPERIENCE THAT ENABLES CHILDREN, INCLUDING THOSE WITH LANGUAGE-BASED DIFFICULTIES, TO ACHIEVE ACADEMIC EXCELLENCE IN THE GENERAL EDUCATION CLASSROOM THEREBY DECREASING THE NEED FOR DIRECT SPECIAL EDUCATION SERVICES. 7 7 64 0 0 0 3265520 3801406 150739 87997 156 16443 0 8000 3416415 3913846 0 0 0 0 1603857 2318252 0 0 0 1388609 1458929 2992466 3777181 423949 136665 6522320 6522932 6784811 6648757 -262491 -125825 X THE MISSION OF PACE IS TO PROVIDE STUDENTS WITH AN INDIVIDUALIZED, RESEARCH-BASED EDUCATIONAL EXPERIENCE THAT ENABLES CHILDREN, INCLUDING THOSE WITH LANGUAGE-BASED DIFFICULTIES, TO ACHIEVE ACADEMIC EXCELLENCE IN THE GENERAL EDUCATION CLASSROOM THEREBY DECREASING THE NEED FOR EXPERIENCE THAT ENABLES CHILDREN, INCLUDING THOSE WITH LANGUAGE-BASED DIFFICULTIES, TO ACHIEVE ACADEMIC EXCELLENCE IN THE GENERAL EDUCATION CLASSROOM THEREBY DECREASING THE NEED FOR DIRECT SPECIAL EDUCATION SERVICES. 0 0 3070282 89997 PALMETTO ACHIEVEMENT CENTER FOR EXCELLENCE (PACE) ACADEMY, AN ALTERNATIVE EDUCATION CAMPUS (AEC), PUBLIC CHARTER SCHOOL, PROVIDES EVIDENCE-BASED, MULTI-SENSORY, STRUCTURED LANGUAGE INSTRUCTION TO STUDENTS IN THE SOUTH CAROLINA MIDLANDS. WE ARE COMMITTED TO PROVIDING A QUALITY EDUCATIONAL CHOICE FOR STUDENTS WITH DYSLEXIA OR OTHER LANGUAGE-BASED LEARNING DIFFERENCES WHO WOULD BENEFIT FROM ORTON-GILLINGHAM INSTRUCTIONAL METHODS. ALL STUDENTS AT PACE ACADEMY ATTEND AN ACE (ACADEMIC CORE ENRICHMENT) CLASS EVERY DAY FOR 30-45 MINUTES. DURING THIS ACE TIME, STUDENTS ARE PLACED IN GROUPS BASED ON THEIR NEEDS TO HELP CLOSE THE GAP IN PHONOLOGICAL AWARENESS AND DECODING SKILLS. STUDENTS RECEIVE INSTRUCTION USING A STRUCTURED LITERACY APPROACH WHICH INCLUDES PROJECT READ (LANGUAGE CIRCLE ENTERPRISES) AND OTHER ORTON-GILLINGHAM BASED INSTRUCTION. PACE OPENED AS A NEW SCHOOL IN THE FALL OF 2021 WITH 77% OF THE STUDENT POPULATION HAVING DOCUMENTED DISABILITIES: 16 STUDENTS WITH A 504 PLAN AND 127 STUDENTS WITH AN INDIVIDUAL EDUCATION PLAN (IEP). COMBINED WITH THE ADDITIONAL CHALLENGES OF A GLOBAL PANDEMIC, MANY LESS DETERMINED INDIVIDUALS WOULD HAVE QUIT BEFORE THEY EVEN STARTED! PACE ACADEMY IS PROUD TO BE THE FIRST TUITION-FREE SCHOOL IN THE MIDLANDS FOR STUDENTS WITH DYSLEXIA. 3070282 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 64 1 0 0 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 0 0 0 0 0 X VERIS LLC 8438814477 1156 BOWMAN ROAD SUITE 100-A MOUNT PLEASANT SC 29464 STEPHEN WILSON BOARD CHAIR 1.00 X X 0 0 0 KATRINA MACK-SNIDER BOARD VICE CHAIR 1.00 X X 0 0 0 REBEKAH BARNES TREASURER 1.00 X X 0 0 0 JESSICA BECERRA SECRETARY 1.00 X X 0 0 0 JOHN THOMPSON BOARD MEMBER 1.00 X 0 0 0 SALLY THORNTON BOARD MEMBER 1.00 X 0 0 0 JONATHAN PACE BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 CONTRACT CONSTRUCTION PO BOX 269 BALLENTINE SC 29002 CONSTRUCTION SERVICES 153874 1 3771186 30220 3801406 TUITION AND FEES 611110 52810 52810 PUPIL ACTIVITY 611710 26120 26120 OTHER REVENUE 611710 9067 9067 87997 16443 16443 8000 0 8000 8000 8000 3913846 95997 0 16443 X 1919529 1594759 324770 17041 14040 3001 240947 158340 82607 140735 116343 24392 2083 2083 22142 22142 102253 102253 229194 220194 9000 18971 18971 27341 27341 89108 60098 29010 129563 129563 1455 1235 220 442312 442312 159461 127568 31893 16432 16432 STUDENT SUPPLIES & TEXT 116040 116040 SCHOOL LUNCH EXPENSES 40400 40400 SMALL EQUIPMENT 22993 22993 STUDENT ACTIVITIES 19353 19353 19828 7044 12784 3777181 3070282 706899 0 990793 1332068 385393 158721 5324134 298537 5144029 5025597 2105 6546 6522320 6522932 512930 370484 16881 23273 5780000 475000 6255000 6784811 6648757 X 0 0 0 0 -262491 -125825 -262491 -125825 6522320 6522932 X 136665 1 X 0 0 0 X 410000 410000 4448545 222427 4226118 346467 60929 285538 119122 15181 103941 5025597 X 3913846 0 3913846 0 3913846 3777181 0 3777181 0 3777181 PART X, LINE 2: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48. 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 RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON THE SCHOOL'S WEBSITE, IN THE SCHOOL'S CHARTER, AND ON STUDENT APPLICATIONS AND JOB POSTINGS, WHICH ARE ALL ACCESSIBLE TO THE PUBLIC. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT OFFER SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED APPROXIMATELY $3,771,000 OF STATE AND FEDERAL AID. A SC JOBS-ECONOMIC DEVEL AUTH (2020A) 570960018 83704MBD7 2020-10-27 5780000 BUILDING CONSTRUCTION AND PURCHASE LAND 0 0 0 A 5780000 247360 430490 491811 4610339 2021 0 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 INFORMATION RETURN IS REVIEWED BY THE BOARD CHAIR AND SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY IS SOLICITED ANNUALLY AND THE CHAIRMAN REVIEWS THE POLICY WITH OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 EXPLANATION OFR HOW OFFICERS SALARIES ARE DETERMINIED [990-7 BOX 75] FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G STAFF DEVELOPMENT & TRAINING : PROGRAM SERVICE EXPENSES 32,337. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,337. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 49,521. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,521. PSYCHOLOGICAL SERVICES : PROGRAM SERVICE EXPENSES 72,042. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,042. SPEECH SERVICES : PROGRAM SERVICE EXPENSES 49,261. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,261. DISTANCE LEARNING : PROGRAM SERVICE EXPENSES 17,033. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,033. FISCAL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,000. FORM 990, PART IX, LINE 24E MISC EXPENSES : PROGRAM SERVICE EXPENSES 6,033. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,033. FEE PAID TO DISTRICT : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,500. DEBT ISSUANCE COSTS : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. BANK FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,767. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,767. OTHER EXPENDITURES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 813. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 813. SECURITY : PROGRAM SERVICE EXPENSES 712. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 712. MEMBERSHIP DUES & FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 562. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 562. STUDENT TRANSPORTATION : PROGRAM SERVICE EXPENSES 299. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 299. SUPPLIES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 142. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142. FORM 990, PART XI, LINE 9: ROUNDING 1.