Nonprofit · EIN 59-1090377
PALMETTO YOUTH CENTER
Tax-exempt · PALMETTO, FL 34220
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $783,187 | $835,582 | -$52,395 | $640,397 | $70,956 | $569,441 |
| June 30, 2024 | 990 | $709,513 | $763,604 | -$54,091 | $692,567 | $71,664 | $620,903 |
| June 30, 2023 | 990 | $654,647 | $735,100 | -$80,453 | $720,609 | $45,615 | $674,994 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $516,716
- of which government grants
- $420,026
- Program service revenue
- $92,255
- Investment income
- $0
- Net income from fundraising events
- $31,460
- Other revenue
- $174,216
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $253,916
- Salaries, compensation and benefits (total)
- $328,232
- Professional fundraising fees
- $0
- Accounting fees
- $25,200
- Occupancy
- $99,108
- Travel
- $56,642
- Depreciation
- $62,395
- Program services (functional)
- $701,633
- Management and general (functional)
- $129,058
- Fundraising (functional)
- $4,891
Balance sheet and other
- Total assets, start of year
- $692,567
- Total assets, end of year
- $640,397
- Total liabilities, end of year
- $70,956
- Net assets, end of year
- $569,441
- Land, buildings and equipment
- $508,283
- Net assets without donor restrictions
- $567,941
- Net assets with donor restrictions
- $1,500
- Gross receipts
- $814,327
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1957
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGINALD BELLAMY | EXECUTIVE DIRECTOR Officer | 40 | $60,000 |
| FREIDA BELLAMY | SECRETARY Trustee or director, Officer | 2 | $0 |
| REV CHARLES NEWSOME | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| PATRICIA JOHNSON | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGINALD BELLAMY | EXECUTIVE DIRECTOR Officer | 40 | $60,000 |
| FREIDA BELLAMY | SECRETARY Trustee or director, Officer | 2 | $0 |
| REV CHARLES NEWSOME | CHAIR Trustee or director, Officer | 2 | $0 |
| KENYATTA RANDALL | CO-CHAIR Trustee or director, Officer | 2 | $0 |
| PATRICIA JOHNSON | BOARD MEMBER Trustee or director | 2 | $0 |
| ARTHUR WALLACE | BOARD MEMBER Trustee or director | 2 | $0 |
| FRANKIE CRADDOCK | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REGINALD BELLAMY | EXECUTIVE DIRECTOR Officer | 40 | $60,000 |
| FREIDA BELLAMY | SECRETARY Trustee or director, Officer | 2 | $0 |
| REV CHARLES NEWSOME | CHAIR Trustee or director, Officer | 2 | $0 |
| MARIAN KINSEY | BOARD MEMBER Trustee or director, Officer | 2 | $0 |
| PATRICIA JOHNSON | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| ARTHUR WALLACE | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK KERCE | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 608, PALMETTO, FL 34220-0608
- In care of
- % TONY STEPHENS
- Principal officer (990 for 2024)
- REGINALD BELLAMY, 501 17TH STREET WEST, PALMETTO, FL 34221
- Signed the 990
- REGINALD BELLAMY, EXECUTIVE DIRECTOR
- Phone
- (941) 723-0783
- Website
- WWW.PALMETTOYOUTHCENTER.COM
- Return prepared by
- CAVANAUGH & CO LLP
Mission
TO PROVIDE A SAFE AND WHOLESOME ENVIRONMENT IN OUR COMMUNITY WHERE ITS MEMBERS, YOUNG AND OLD, CAN LEARN, ACHIEVE AND SUCCEED IN POSITIVE AND PRODUCTIVE WAYS. WE TARGET OUR YOUTH BEFORE THEY ARE INTRODUCED TO DRUGS, CRIMES AND OTHER UNHEALTY LIFESTYLES. WE ATTEMPT TO ESTABLISH A STRONG FOUNDATION OF HIGH MORALS AND VALUES THROUGH PROGRAMS DESIGNED FOR ACADEMIC, ATHLETIC, CULTURAL, RECREATIONAL AND SOCIAL PROFICIENCY.
Program accomplishments
- FOUNDATIONS FOR EXCELLENCE: YOUTHS RECEIVE EDUCATION AND REINFORCEMENT OF THE FUNDAMENTAL SKILLS THAT ARE NECESSARY FOR SUCCESSFUL LIFE-LONG ACADEMIC AND SOCIAL SUCCESSS. FOUNDATIONS FOR EXCELLENCE ALSO PROVIDES BEFORE AND AFTER SCHOOL CARE, AS WELL AS A SUMMER PROGRAM.Expenses $526,225 · revenue $176,258
- HELPING YOUNG PEOPLE EXCEL: HYPE IS AN EVENING PROGRAM THAT PROVIDES A SAFE STRUCTURED ENVIRONMENT WHERE TEENS PARTICIPATE IN INTEREST BASED AND PREVENTION ACTIVITIES INCLUDING LIFE SKILL MANAGEMENT ACTIVITIES, SECONDARY AND POST-SECONDARY EDUCATION OR VOCATIONAL MANAGEMENT ACTIVITIES.Expenses $175,408 · revenue $58,753
- TROJAN READING IMPROVEMENT PROGRAM INCORPORATES REAL LIFE EXPERIENCE WITH TRADITIONAL READING METHODS TO BRING MEANING TO TEXT FOR STUDENTS.
- BOYS LIFE AFTER SCHOOL TRAINING IS AN ALL-MALE MENTORING PROGRAM TO IMPACT ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS FOR ACADEMIC ACHIEVEMENT, GOAL SETTING AND CAREER PLANNING. THIS PROGRAM WILL MEET ONCE A WEEK FOCUSING ON ORGANIZATION SKILLS PREPARING PARTICIPANTS TO BE SUCCESSFUL AND HAVE A PLAN FOR LIFE AFTER SCHOOL. THE ATHLETIC PROGRAM INCLUDES THE VARIOUS COMPETITIVE ATHLETIC TEAMS AT THE CENTER. WE HAVE THE ELITE OF FLORIDA FOOTBALL/CHEERING (5-16), USSA BASKETBALL FOR GIRLS AND BOYS (10-16). TEAMS ARE FORMULATED BY AGE AND COMPETE AGAINST OTHER YOUTH SERVING ORGANIZATIONS WITHIN THE COUNTY AND OTHER ORGANIZATIONS THROUGHOUT THE STATE. IN THESE PROGRAMS WE SEEK TO IMPROVE A CHILD'S SELF-ESTEEM, CONFIDENCE AND TEAMWORK SKILLS. THESE AT RISK BOYS AND GIRLS ALSO MUST MAINTAIN ACCEPTABLE ACADEMIC GRADES TO REMAIN ELIGIBLE FOR THESE ACTIVITIES. THE FOOTBALL SEASON LASTS FROM AUGUST TO DECEMBER, BASKETBALL FROM DECEMBER TO JULY. THE VOLUNTEERS THAT SERVE AS COACHES AND INSTRUCTORS IN THESE PROGRAMS HAVE TO PASS BACKGROUND CHECKS AND ATTEND COACHES CLINICS TO BECOME CERTIFIED. THE ATHLETIC PROGRAMS OPERATE MONDAY THROUGH FRIDAY 5:00PM TO 8:00PM, AS WELL AS SOME WEEKEND DAYS FROM 8:00AM TO 9:00PM.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1090377
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $640,397
- Income (IRS master file)
- $814,327
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $783,187 | $835,582 | $640,397 | IRS |
| 990 | June 2024 | $709,513 | $763,604 | $692,567 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $654,647 | $735,100 | $720,609 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $645,522 | $753,971 | $779,217 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1090377).
Questions about PALMETTO YOUTH CENTER
- What is the EIN of PALMETTO YOUTH CENTER?
- The employer identification number (EIN) of PALMETTO YOUTH CENTER is 59-1090377.
- Is PALMETTO YOUTH CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to PALMETTO YOUTH CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALMETTO YOUTH CENTER file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALMETTO YOUTH CENTER due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALMETTO YOUTH CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PALMETTO YOUTH CENTER?
- The 990 for the year ended June 30, 2025 names REGINALD BELLAMY.
- Who are the officers and directors of PALMETTO YOUTH CENTER?
- The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $60,000 (REGINALD BELLAMY, EXECUTIVE DIRECTOR).
- How much revenue does PALMETTO YOUTH CENTER have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $783,187, expenses of $835,582 and total assets of $640,397 at year end.
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