2024-05-02T14:39:21-04:00 2023-06-30 660519484 CPA JORGE L RODRGUEZ VELZQUEZ PO BOX 287 HUMACAO PR 00792 990 2022-07-01 660486893 THE PALMAS ACADEMY INC PALM 7878509120 10 ACADEMY DRIVE PALMAS DEL MAR HUMACAO RQ 00791 MARITZA RIVERA FINANCIAL DIRECTOR 7878509120 2024-05-02 true MARITZA RIVERA 000006861 false JORGE L RODRGUEZ VELZQUEZ P01339242 7878503750 2024-05-02 X 2022 2023-04-26 12:10:37Z DAVID HURWITZ 10 ACADEMY DRIVE PALMAS DEL MAR HUMACAO RQ 00791 4687475 false X THEPALMASACADEMY.COM X 1992 RQ EDUCATIONAL SERVICES TO APPROX. 431 STUDENTS FROM PRE-K TO 12TH GRADE. 9 9 78 0 905081 1103523 2383749 3096624 6398 11406 387647 411729 3682875 4623282 0 0 1786875 2385019 0 0 1511277 2063935 3298152 4448954 384723 174328 10618970 10818631 8297181 8322514 2321789 2496117 X EDUCATIONAL SERVICES TO APPROX. 431 STUDENTS FROM PRE-K TO 12TH GRADE. false false 3050855 3482619 EDUCATIONAL SERVICES TO APPROX. 431 STUDENTS FROM PRE-K TO 12TH GRADE. 3050855 true false false false false false false false false true true false false false true false true false true false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 0 0 false 78 false false false false false false false false false false false false false false false false false false X 9 9 false false false false false true true true true false false false false false false false false false CO CORPORATION 7878509120 10 ACADEMY DRIVE PALMAS DEL MAR HUMACAO PR 00791 X DAVID HURWITZ PRESIDENT X 0 0 0 MARIEL FIGUEROA TREASURER X 0 0 0 WENDY DRISCOLL SECRETARY X 0 0 0 TYSON HENDRICKSEN MEMBER X 0 0 0 MARY JO S ESPASAS MEMBER X 0 0 0 JASON MADDOX MEMBER X 0 0 0 RAL COSCULLUELA MEMBER X 0 0 0 CRISTINA COLN MEMBER X 0 0 0 LORRAINE LAGO MEMBER X 0 0 0 LILLIAM MORALES HEAD OF SCHO X 114866 0 0 114866 1 false false false X 537439 566084 104325 1103523 TUITION 2396060 2396060 REGISTRATION AND APPLIC. FEES 327725 327725 BUILDING FEES 230085 230085 SUMMER CAMP 104709 104709 EXTENDED PROGRAM 38045 38045 3096624 11406 11406 17437 15492 1945 83896 48701 35195 TECHNOLOGY AND OTHER FEES 109980 109980 RENT -CAFETERIA & OTHER AREAS 74200 74200 GOVERNMENTAL OTHER SUPPORT 72237 72237 118172 118172 374589 4623282 3482619 2137322 1344717 792605 78770 54933 23837 168927 106282 62645 5702 5702 21137 21137 251194 107509 143685 11708 11708 102554 87171 15383 266453 213162 53291 367631 294105 73526 104913 83930 20983 REPAIR AND MAINTEN 342531 274025 68506 SCHOOL ACTIVITIES 192458 163289 29169 UTILITIES 181815 145452 36363 SCHOOL TRANSPORTATION 95914 95914 119925 80366 39559 4448954 3050855 1398099 0 1315520 1566788 259918 260232 63551 139784 28613 20692 51664 90349 14942516 6201730 8899704 8740786 10618970 10818631 165329 277069 658437 809552 7448489 7201957 24926 33936 8297181 8322514 X -397014 -365826 2718803 2861943 2321789 2496117 10618970 10818631 174328 X false false X 103156 103156 103156 103156 103156 103156 103156 103156 103156 103156 1.00000 false false 3885404 3885404 9490597 4853846 4636751 1328492 1197505 130987 238023 150379 87644 8740786 OPERATING RIGHT-OF-USE ASSETS 33936 33936 4687475 64193 64193 4623282 4623282 4513147 64193 64193 4448954 4448954 SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING DIRECT EXPENSES PRESENTED IN STATEMENT OF REV. 15,492 COST OF SCHOOL MATERIAL SOLD PRESENTED IN STATMT. OF REV. 48,701 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING DIRECT EXPENSES PRESENTED IN STATEMENT OF REV. 15,492 COST OF SCHOOL MATERIAL SOLD PRESENTED IN STATMT. OF REV. 48,701 true true true true true true true false false false false false false false false false false true VARIOUS ACTIVIT 17437 17437 15492 17437 17437 15492 15492 1945 X IN-KIND SUPPORT 1 104325 ESTIMATED FAIR VALUE false false false FORM 990, PART III EDUCATIONAL SERVICES TO APPROX. 431 STUDENTS FROM PRE-K TO 12TH GRADE. FORM 990, PAGE 6, PART VI, LINE 7A ALL MEMBERS OF THE GOVERNING BODY VOTE AND DECIDE TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 7B ALL DECISIONS OF THE GOVERNING BODY ARE APPROVED BY THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEW THE FORM 990. FORM 990, PAGE 6, PART VI, LINE 19 A COPY OF FORM 990 AND ALL GOVERNING DOCUMENTS ARE AVAILABLE IN THE ACCOUNTING DEPARTMENT'S OFFICE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART VIII -EMPLOYEE RETENTION TAX CREDIT (INCLUDING INTEREST OF 34,895) 433,114 -GOVERNMENTAL IN-KIND SUPPORT (EQUIPMENT AND SUPPLIES) 104,325 FORM 990, PART XI, LINE 9 FUNDRAISING DIRECT EXPENSES PRESENTED IN STATEMENT OF REV. 15,492 COST OF SCHOOL MATERIAL SOLD PRESENTED IN STATMT. OF REV. 48,701 FUNDRAISING DIRECT EXPENSES PRESENTED IN STATEMENT OF REV. -15,492 COST OF SCHOOL MATERIAL SOLD PRESENTED IN STATMT. OF REV. -48,701