Nonprofit · EIN 83-0392659
PALM TREE ACADEMY
Tax-exempt · EL PASO, TX 79912
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $229,561 | $192,475 | $37,086 | $79,852 | $27,335 | $52,517 |
| June 30, 2024 | 990 | $185,863 | $203,476 | -$17,613 | $30,112 | $14,681 | $15,431 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $114,917
- Program service revenue
- $112,944
- Investment income
- $1,700
- Net gain from sales of assets
- $1,700
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $29,298
- Other salaries and wages
- $92,091
- Salaries, compensation and benefits (total)
- $131,165
- Professional fundraising fees
- $0
- Occupancy
- $9,920
- Depreciation
- $403
- Program services (functional)
- $173,227
- Management and general (functional)
- $19,248
Balance sheet and other
- Total assets, start of year
- $30,112
- Total assets, end of year
- $79,852
- Total liabilities, end of year
- $27,335
- Net assets, end of year
- $52,517
- Land, buildings and equipment
- $574
- Net assets without donor restrictions
- $52,517
- Gross receipts
- $229,561
- Employees
- 12
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- TX
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 | From related orgs |
|---|---|---|---|---|
| NICHOLE C OROZCO | SCHOOL PRINCIPAL Officer | 40 | $29,298 | $29,298 |
| LAURA KASSIM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| YEHIA IBRAHIM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CECILIA OROZCO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| NAZMI ALHAJASAAD | SCHOOL ADMINISTRATOR Trustee or director, Officer | 1 | $0 | $0 |
| SHADI KHADER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| NICHOLE C OROZCO | SCHOOL PRINCIPAL Officer | 40 | $25,832 | $25,832 |
| LAURA KASSIM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| YEHIA IBRAHIM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CECILIA OROZCO | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| NAZMI ALHAJASAAD | SCHOOL ADMINISTRATOR Trustee or director, Officer | 1 | $0 | $0 |
| SHADI KHADER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 143 PARAGON LN, EL PASO, TX 79912-6257
- In care of
- % NAZMI ALHAJASAAD
- Principal officer (990 for 2024)
- CECILIA OROZCO, 143 PARAGON LN, EL PASO, TX 79912
- Signed the 990
- CECILIA OROZCO, PRESIDENT
- Phone
- (915) 581-7729
- Website
- PTACADEMY.ORG
- Return prepared by
- PENA BRIONES MCDANIEL & CO PC
Mission
PALM TREE ACADEMY IS COMMITTED TO THE DEVELOPMENT OF THE STUDENT AS A WHOLE. IT SEEKS TO PROVIDE STUDENTS WITH ACADEMIC EXCELLENCE AND RELIGIOUS TRAINING THAT THEY MAY STRIVE FOR SUCCESS, IN THIS LIFE AND THE HEREAFTER, IN AN INCREASINGLY COMPETITIVE AND CHALLENGING WORLD.
Program accomplishments
- A FULL-TIME PRIVATE SCHOOL THAT OFFERS FULL ACADEMICS, ISLAMIC STUDIES, QUAR'ANIC STUDIES, ARABIC, EXTRA-CURRICULAR ACTIVITIES AND EVENTS, STATE & NATIONAL STANDARDIZED TESTING AND PARTICIPATES IN TITLE I, II, AND III FEDERAL PROGRAMS.Expenses $173,227 · revenue $112,944
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
- 83-0392659
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B21)
- Assets (IRS master file)
- $79,852
- Income (IRS master file)
- $229,561
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $229,561 | $192,475 | $79,852 | IRS |
| 990 | June 2024 | $185,863 | $203,476 | $30,112 | XML |
| 990 | June 2023 | $154,621 | $202,844 | $42,151 | IRS |
| 990 | June 2022 | $215,699 | $199,045 | $89,950 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 83-0392659).
Questions about PALM TREE ACADEMY
- What is the EIN of PALM TREE ACADEMY?
- The employer identification number (EIN) of PALM TREE ACADEMY is 83-0392659.
- Is PALM TREE ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to PALM TREE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM TREE ACADEMY 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 PALM TREE ACADEMY 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 PALM TREE ACADEMY 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 PALM TREE ACADEMY?
- The 990 for the year ended June 30, 2025 names CECILIA OROZCO.
- Who are the officers and directors of PALM TREE ACADEMY?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $29,298 (NICHOLE C OROZCO, SCHOOL PRINCIPAL).
- How much revenue does PALM TREE ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $229,561, expenses of $192,475 and total assets of $79,852 at year end.
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