2024-06-11T03:52:50-05:00 2023-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2022-07-01 264450679 PALMETTO SCHOLARS ACADEMY PALM 8433004118 7499 DORCHESTER RD NORTH CHARLESTON SC 29418 CAMERON WHITWORTH BOARD CHAIR 8433004118 2024-05-26 1 CAMERON WHITWORTH 999009999 0 DAVID A SMITH P00045703 8642321040 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CAMERON WHITWORTH 7499 DORCHESTER RD NORTH CHARLESTON SC 29418 5806094 0 X WWW.PSASCHOOL.ORG X 2009 SC PSA EXISTS TO MEET THE DISTINCTIVE ACADEMIC, SOCIAL, AND EMOTIONAL NEEDS OF STUDENTS BY UTILIZING THE BEST PRACTICES OF GIFTED EDUCATION. 9 9 64 0 0 0 5019016 5511648 60998 264030 1056 30416 6159 0 5087229 5806094 0 0 0 0 3697269 3637131 0 0 0 2057856 2148494 5755125 5785625 -667896 20469 9207434 9134528 8206884 8113509 1000550 1021019 PSA EXISTS TO MEET THE DISTINCTIVE ACADEMIC, SOCIAL, AND EMOTIONAL NEEDS OF STUDENTS BY UTILIZING THE BEST PRACTICES OF GIFTED EDUCATION. 0 0 4847346 264030 EDUCATED APPROXIMATELY 500 STUDENTS DURING THE 2022-23 SCHOOL YEAR. 4847346 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 SC X X VERIS LLC 8438814477 1156 BOWMAN RD SUITE 100-A MOUTN PLEASANT SC 29464 CAMERON WHITWORTH BOARD CHAIR 2.00 X X 0 0 0 FAITH BONGIORNO VICE CHAIR 2.00 X X 0 0 0 KIM SCHULTZ SECRETARY 2.00 X X 0 0 0 MANNY PEREZ-CARRILLO TREASURER 2.00 X X 0 0 0 ANDY PETERSON BOARD MEMBER 2.00 X 0 0 0 ANJA DABELIC BOARD MEMBER 2.00 X 0 0 0 BETSY BALDWIN BOARD MEMBER 2.00 X 0 0 0 HANS BOCKSMICK BOARD MEMBER 2.00 X 0 0 0 KARTSEN MCELFRESH BOARD MEMBER 2.00 X 0 0 0 DEAN WILKINS PRINCIPAL 40.00 X 130000 0 5957 130000 0 5957 1 0 0 0 0 5508795 2853 5511648 TUITION AND FEES 611110 131288 131288 PUPIL ACTIVITY 611710 121389 121389 OTHER REVENUE 611710 11353 11353 264030 30416 30416 5806094 264030 0 30416 X 130000 65000 65000 2883986 2516048 367938 54733 51805 2928 344916 305532 39384 223496 186505 36991 26921 26921 32871 32871 190443 190443 293746 292242 1504 21254 21254 45157 45157 148990 148209 781 432212 432212 3064 1135 1929 397609 397609 250459 200367 50092 29194 29194 STUDENT ACTIVITIES 169429 169429 STUDENT SUPPLIES & TEXT 79153 79153 FEE PAID TO DISTRICT 22833 22833 MEMBERSHIP DUES & FEES 1549 1549 3610 2100 1510 5785625 4847346 938279 0 240590 245985 1905911 2261877 285467 61113 46607 38833 8436945 1913125 6728859 6523820 0 2900 9207434 9134528 449846 523514 37038 28669 7720000 7560000 0 1326 8206884 8113509 X 0 0 0 0 1000550 1021019 1000550 1021019 9207434 9134528 20469 0 X 0 1 X 0 0 X 7677433 1408621 6268812 300124 100408 199716 423188 367896 55292 36200 36200 0 6523820 DUE TO SC DEPT OF EDUCATION 1326 1326 X 5806094 0 5806094 0 5806094 5785625 0 5785625 0 5785625 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 1 1 1 1 1 1 1 1 1 0 1 SCHEDULE E, PART I, LINE 3 PSA'S NON-DISCRIMINATION POLICIES CAN BE FOUND ON THE WEBSITE UNDER ABOUT/LEGAL NOTICES AND POLICY INFORMATION IN A TAB TITLED NON-DISCRIMINATION POLICIES. IT IS ALSO STATED DURING THE ONLINE APPLICATION PROCESS. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION IS A CHARTER SCHOOL AND DOES NOT OFFER SCHOLARSHIPS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES APPROXIMATELY $5,500,000 IN FEDERAL AND STATE AID. A SC JOBS-ECONOMIC DEVELOP AUTH - SERIES 2015A 570960018 837031TR4 2015-03-01 8265000 TO FINANCE CONSTRUCTION OF SCHOOL BUILDING 0 0 0 A 705000 8265000 1073230 233828 404124 7080682 2016 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE PRINCIPAL AND BOARD TREASURER FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PALMETTO SCHOLARS ACADEMY HAS A WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 PALMETTO SCHOLARS ACADEMY MAKES ITS ANNUAL FORM 990, ARTICLES OF INCORPORATION, AND BY-LAWS AVAILABLE UPON REQUEST. THESE DOCUMENTS CAN ALSO BE VIEWED AT THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 11G STAFF DEVELOPMENT & TRAINING : PROGRAM SERVICE EXPENSES 115,735. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 115,735. OTHER SERVICES/FEES : PROGRAM SERVICE EXPENSES 192. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 192. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 147,139. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 147,139. PSYCHOLOGICAL SERVICES : PROGRAM SERVICE EXPENSES 8,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,340. EXCEPTIONAL SERVICES CONSTRACTED SE : PROGRAM SERVICE EXPENSES 20,836. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,836. PROFESSIONAL & TECH FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,504. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,504. FORM 990, PART IX, LINE 24E BANK FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,510. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,510. SMALL EQUIPMENT : PROGRAM SERVICE EXPENSES 800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 800. SCHOOL LUNCH EXPENSES : PROGRAM SERVICE EXPENSES 600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 600. STUDENT TRANSPORTATION : PROGRAM SERVICE EXPENSES 371. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 371. MISC EXPENSES : PROGRAM SERVICE EXPENSES 329. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 329. AMENDED FORM 990 THE 990 IS AMENDED TO: - CORRECT THE PRIMARY CONTACT AND SIGNING OFFICER (PAGE 1) - CORRECT THE DIRECTOR/BOARD MEMBER LISTING (PAGE 7) - ADD OFFICER COMPENSATION (PAGES 7 AND 10) - REMOVE INDEPENDENT CONTRACTOR (PAGE 8)