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Nonprofit · EIN 83-3965226

PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC

Tax-exempt · PALMETTO, FL 34221

Financials

$152K$162K2023$144K$138K2024
Revenue Expenses · by fiscal year end
Financials of PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$143,862$137,745$6,117$68,151$0$68,151
June 30, 2024990$151,765$161,755-$9,990$62,033$0$62,033
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$49
Program service revenue
$143,813
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,615
Program services (functional)
$134,446
Management and general (functional)
$3,299

Balance sheet and other

Total assets, start of year
$62,034
Total assets, end of year
$68,151
Total liabilities, end of year
$0
Net assets, end of year
$68,151
Net assets without donor restrictions
$68,151
Gross receipts
$143,862
Employees
0
Year formed
2019
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.

NameTitleHours / weekCompensation
ROBERT L STEVENSONPRESIDENT
Officer
–$0
MICHAEL AMERESPARLAMENTARI
Officer
–$0
GREGORY STEVENSONVICE PRESIDE
Officer
–$0
STEPHEN C PRUCNELLTREASURER
Officer
–$0
SHARON K RENCHDIRECTOR
Officer
–$0
STEPHANIE WALDODIRECTOR
Officer
–$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
MICHAEL AMERESPARLAMENTARI
Officer
–$0
STEPHEN C PRUCNELLTREASURER
Officer
–$0
SHARON K RENCHDIRECTOR
Officer
–$0
GREGORY STEVENSONVICE PRESIDE
Officer
–$0
ROBERT L STEVENSONPRESIDENT
Officer
–$0
STEPHANIE WALDODIRECTOR
Officer
–$0

Address and contacts

Address (IRS master file)
1180 8TH AVE W STE 122, PALMETTO, FL 34221-3810
In care of
% BILL BRITT
Principal officer (990 for 2024)
ROBERT L STEVENSON, 6004 77TH STREET EAST, PALMETTO, FL 34221
Signed the 990
STEPHEN C PRUCNELL, TREASURER
Phone
(630) 940-6663
Return prepared by
ELLENTON CPA LLC

Mission

TO PROMOTE ATHLETICS AND TO ORGANIZE THE COMMUNITY TO SUPPORT THE ATHLETIC PROGRAMS AT PALMETTO HIGH SCHOOL.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROMOTE ATHLETICS THROUGH SCHOLARSHIPS, PROVIDING UNIFORMS, SUPPLIES, AND EQUIPMENT, AND TO ORGANIZE THE COMMUNITY TO SUPPORT THE ATHLETIC PROGRAMS AT PALMETTO HIGH SCHOOL.
    Expenses $17,752
  • TO ORGANIZE COMMUNITY FISHING TOURNAMENT TO SUPPORT THE ATHLETIC PROGRAMS OF PALMETTO HIGH SCHOOL
    Expenses $11,588
  • TO ORGANIZE COMMUNITY DERBY DAY EVENT TO SUPPORT THE ATHLETIC PROGRAMS OF PALMETTO HIGH SCHOOL
  • TO PROMOTE FUNDING FOR HIGHSCHOOL SPORTS & AFFILIATED GROUPS. PROVIDE GROUPS WITH UNIFORMS, EQUIPMENT, AND TRAVEL EXPENSES.
    Expenses $105,106 · revenue $143,813

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
83-3965226
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
2024
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B80)
Assets (IRS master file)
$68,151
Income (IRS master file)
$143,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$143,862$137,745$68,151XML
990June 2024$151,765$161,755$62,033XML
990June 2021–––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 83-3965226).

Questions about PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC

What is the EIN of PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC?
The employer identification number (EIN) of PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC is 83-3965226.
Is PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PALMETTO ATHLETIC & ACADEMIC ASSOCIATION 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 ATHLETIC & ACADEMIC ASSOCIATION 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 ATHLETIC & ACADEMIC ASSOCIATION 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 ATHLETIC & ACADEMIC ASSOCIATION INC?
The 990 for the year ended June 30, 2025 names ROBERT L STEVENSON.
Who are the officers and directors of PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does PALMETTO ATHLETIC & ACADEMIC ASSOCIATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $143,862, expenses of $137,745 and total assets of $68,151 at year end.

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