Nonprofit · EIN 81-2437464
PALMETTO CLASSIC
Tax-exempt · ALEXANDRIA, VA 22307
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $5,367 | $9,057 | -$3,690 | $5,745 | $0 | $5,745 |
| December 31, 2024 | 990-EZ | -$6,008 | $158 | -$6,166 | $9,435 | $0 | $9,435 |
| December 31, 2023 | 990-EZ | $25,113 | $10,025 | $15,088 | $15,601 | $0 | $15,601 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $41,102
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$35,735
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $8,700
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Occupancy
- $357
Balance sheet and other
- Total assets, start of year
- $9,435
- Total assets, end of year
- $5,745
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,745
- Cash, savings and investments
- $5,745
- Gross receipts
- $41,452
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bryan Jacobs | President | 0.5 | $0 |
| Astrid Ruggeri | Secretary | 5 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bryan Jacobs | President | 1 | $0 |
| Astrid Ruggeri | Secretary | 5 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bryan Jacobs | President | 1 | $0 |
| Astrid Ruggeri | Secretary | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 7191, ALEXANDRIA, VA 22307-0191
- In care of
- % BRYAN W JACOBS
- Mailing address (990-N for 2018)
- PO Box 7191, Alexandria VA 22307
- Principal officer (990-N for 2018)
- Astrid Ruggeri, 3280 Chestnut Street NW, Washington DC 20015
- Signed the 990-EZ
- Astrid Ruggeri, Secretary
- Phone
- (202) 997-1420
Mission
The Palmetto Classic's purpose is to work in partnership with South Carolina businesses and associations, via annual fundraising events, to raise social awareness and charitable funds for South Carolina based organizations that provide educational, social, financial, and health resources to communities in need.
Program accomplishments
- Provided a donation to the Western Golf Association Evans Scholars Foundation which helps provide college full tuition and housing to students with limited financial means. Grant was sent out in 2025.grants $8,700
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-2437464
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $5,745
- Income (IRS master file)
- $41,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $5,367 | $9,057 | $5,745 | XML |
| 990-EZ | December 2024 | -$6,008 | $158 | $9,435 | XML |
| 990-EZ | December 2023 | $25,113 | $10,025 | $15,601 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $13,831 | $32,758 | $1 | IRS |
| 990-N for 2018 Officer: Astrid Ruggeri | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-2437464).
Questions about PALMETTO CLASSIC
- What is the EIN of PALMETTO CLASSIC?
- The employer identification number (EIN) of PALMETTO CLASSIC is 81-2437464.
- Is PALMETTO CLASSIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PALMETTO CLASSIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALMETTO CLASSIC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PALMETTO CLASSIC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALMETTO CLASSIC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of PALMETTO CLASSIC?
- The 990-N for 2018 names Astrid Ruggeri.
- Who are the officers and directors of PALMETTO CLASSIC?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does PALMETTO CLASSIC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $5,367, expenses of $9,057 and total assets of $5,745 at year end.
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