Nonprofit · EIN 80-0447761
PALMETTO CHARTER SCHOOL INC
Tax-exempt · PALMETTO, FL 34221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,509,167 | $5,185,730 | $323,437 | $12,227,858 | $9,604,913 | $2,622,945 |
| June 30, 2024 | 990 | $5,266,318 | $5,353,934 | -$87,616 | $12,045,271 | $9,596,993 | $2,448,278 |
| June 30, 2023 | 990 | $5,396,499 | $4,400,528 | $995,971 | $11,545,512 | $9,014,848 | $2,530,664 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $659,101
- of which government grants
- $72,388
- Program service revenue
- $4,774,729
- Investment income
- $75,337
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $96,914
- Other salaries and wages
- $2,529,251
- Salaries, compensation and benefits (total)
- $3,365,100
- Professional fundraising fees
- $0
- Legal fees
- $45,893
- Accounting fees
- $54,150
- Occupancy
- $164,237
- Travel
- $1,427
- Depreciation
- $354,498
- Program services (functional)
- $4,312,493
- Management and general (functional)
- $873,237
Balance sheet and other
- Total assets, start of year
- $12,045,271
- Total assets, end of year
- $12,227,858
- Total liabilities, end of year
- $9,604,913
- Net assets, end of year
- $2,622,945
- Land, buildings and equipment
- $8,857,437
- Publicly traded securities
- $130,253
- Gross receipts
- $5,509,167
- Employees
- 82
- Volunteers
- 300
- Year formed
- 2010
- 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 |
|---|---|---|---|
| Kelli Douglas | Secretary Trustee or director, Officer | 0.25 | $0 |
| Michelle Biggers | Treasurer Trustee or director, Officer | 0.25 | $0 |
| Mike Mears | Chairperson Trustee or director, Officer | 0.25 | $0 |
| Carly Lambert | Director Trustee or director | 0.25 | $0 |
| Zack McClary | Vice Chair Trustee or director | 0.25 | $0 |
| Evan Guido | Director Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Bustle | Principal | 40 | $107,003 |
| Kelli Douglas | Secretary Trustee or director, Officer | 0.25 | $0 |
| Michelle Biggers | Treasurer Trustee or director, Officer | 0.25 | $0 |
| Mike Mears | Chairperson Trustee or director, Officer | 0.25 | $0 |
| Carly Lambert | Director Trustee or director | 0.25 | $0 |
| Zack McClary | Vice Chair Trustee or director | 0.25 | $0 |
| Evan Guido | Director Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Bustle | Principal | 40 | $103,260 |
| Kelli Douglas | Secretary Trustee or director, Officer | 0.25 | $0 |
| Mary Johnson | Treasurer Trustee or director, Officer | 0.25 | $0 |
| Mike Mears | Chairperson Trustee or director, Officer | 0.25 | $0 |
| Carly Lambert | Director Trustee or director | 0.25 | $0 |
| Debra Woithe | Director Trustee or director | 0.25 | $0 |
| Evan Guido | Director Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 17TH ST W, PALMETTO, FL 34221-6151
- In care of
- % BRIAN BUSTLE
- Principal officer (990 for 2024)
- Jacob Durrance
- Signed the 990
- Jacob Durrance, Principal
- Phone
- (941) 723-3711
- Website
- PALMETTOCHARTERSCHOOL.ORG
- Return prepared by
- CS&L CPAS
Mission
THE MISSION OF THE SCHOOL IS TO CREATE A SUPERIOR LEARNING ENVIRONMENT FOUNDED UPON THE SHARED VALUES OF HARD WORK, HONOR, SELF-DISCIPLINE,AND COMMUNITY AND PARENTAL INVOLVEMENT, WITH THE PURPOSE OF PREPARING STUDENTS FOR ACADEMIC AND SOCIAL SUCCESS, IN HIGH SCHOOL AND BEYOND.
Program accomplishments
- Grades K-8 ClassroomsPalmetto Charter School offers a rigorous academic program that is designed to prepare students for success in Honors and other Advanced Level classes at the high school level. Palmetto Charter school provides instruction for grades K-8.Palmetto Charter School continues to be among the highest test scores in thecounty. In addition, Palmetto Charter has a robust athletic program for ourmiddle school students and is consistently a top performer in our league, withchampionships in football, cross country, basketball and volleyball. OurJunior Beta Club excelled at the regional and national level this yearreceiving many various awards and recognition.Expenses $4,312,493
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
- 80-0447761
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $12,227,858
- Income (IRS master file)
- $5,509,167
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,509,167 | $5,185,730 | $12,227,858 | IRS |
| 990 | June 2024 | $5,266,318 | $5,353,934 | $12,045,271 | IRS |
| 990 | June 2023 | $5,396,499 | $4,400,528 | $11,545,512 | XML |
| 990 | June 2022 | $3,551,927 | $3,372,158 | $9,388,917 | IRS |
| 990 | 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 80-0447761).
Questions about PALMETTO CHARTER SCHOOL INC
- What is the EIN of PALMETTO CHARTER SCHOOL INC?
- The employer identification number (EIN) of PALMETTO CHARTER SCHOOL INC is 80-0447761.
- Is PALMETTO CHARTER SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to PALMETTO CHARTER SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALMETTO CHARTER SCHOOL INC 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 CHARTER SCHOOL INC 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 CHARTER SCHOOL INC 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 CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 names Jacob Durrance.
- Who are the officers and directors of PALMETTO CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does PALMETTO CHARTER SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,509,167, expenses of $5,185,730 and total assets of $12,227,858 at year end.
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