Civic Intelligence

Palm Academy Inc

EIN 20-5949060 • 501(c)3 • Fremont, CA

Profile

A better education for minor children.

2856 Washington BlvdFremont, CA 94539

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

68th percentile

15%

Higher net margin than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

69th percentile

$105,325

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

28%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$1,881,513

Up $248,018 (+15%) from 2023

Liabilities

Down

$96,132

Down $79,992 (-45%) from 2023

Net Assets

Up

$1,785,381

Up $328,010 (+23%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin68th percentile

Revenue

Up

$1,275,045

Up $281,426 (+28%) from 2023

Expenses

Up

$1,079,855

Up $84,067 (+8.4%) from 2023

Net Income

Up

$195,190

Up $197,359 (+9099%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $424,049Liabilities 2011: $73,530Net Assets 2011: $350,5192011Assets 2012: $438,873Liabilities 2012: $37,420Net Assets 2012: $401,4532012Assets 2013: $568,205Liabilities 2013: $18,762Net Assets 2013: $549,4432013Assets 2014: $723,160Liabilities 2014: $15,750Net Assets 2014: $707,4102014Assets 2015: $757,008Liabilities 2015: $12,710Net Assets 2015: $744,2982015Assets 2016: $894,836Liabilities 2016: $11,984Net Assets 2016: $882,8522016Assets 2017: $1,129,158Liabilities 2017: $62,883Net Assets 2017: $1,066,2752017Assets 2018: $1,103,140Liabilities 2018: $42,268Net Assets 2018: $1,060,8722018Assets 2019: $1,180,492Liabilities 2019: $23,756Net Assets 2019: $1,156,7362019Assets 2020: $1,412,514Liabilities 2020: $185,210Net Assets 2020: $1,227,3042020Assets 2021: $1,390,597Liabilities 2021: $178,052Net Assets 2021: $1,212,5452021Assets 2022: $1,505,649Liabilities 2022: $184,341Net Assets 2022: $1,321,3082022Assets 2023: $1,633,495Liabilities 2023: $176,124Net Assets 2023: $1,457,3712023Assets 2024: $1,881,513Liabilities 2024: $96,132Net Assets 2024: $1,785,3812024

Highlighted filing

2024

Assets$1,881,513
Liabilities$96,132
Net Assets$1,785,381
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $961,499Expenses 2011: $774,281Net Income 2011: $187,2182011Revenue 2012: $919,936Expenses 2012: $869,002Net Income 2012: $50,9342012Revenue 2013: $1,219,079Expenses 2013: $1,071,089Net Income 2013: $147,9902013Revenue 2014: $1,201,028Expenses 2014: $1,043,061Net Income 2014: $157,9672014Revenue 2015: $1,089,631Expenses 2015: $1,052,743Net Income 2015: $36,8882015Revenue 2016: $1,097,122Expenses 2016: $958,568Net Income 2016: $138,5542016Revenue 2017: $1,265,953Expenses 2017: $1,082,530Net Income 2017: $183,4232017Revenue 2018: $982,605Expenses 2018: $993,008Net Income 2018: -$10,4032018Revenue 2019: $1,188,171Expenses 2019: $1,075,081Net Income 2019: $113,0902019Revenue 2020: $1,127,463Expenses 2020: $1,056,895Net Income 2020: $70,5682020Revenue 2021: $749,912Expenses 2021: $694,678Net Income 2021: $55,2342021Revenue 2022: $1,141,110Expenses 2022: $994,885Net Income 2022: $146,2252022Revenue 2023: $993,619Expenses 2023: $995,788Net Income 2023: -$2,1692023Revenue 2024: $1,275,045Expenses 2024: $1,079,855Net Income 2024: $195,1902024

Highlighted filing

2024

Revenue$1,275,045
Expenses$1,079,855
Net Income$195,190
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,881,513
Liabilities
$96,132
Net assets
$1,785,381
Revenue
$1,275,045
Expenses
$1,079,855
Net income
$195,190
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.10$1.79$1.28$1.08$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.18$1.46$0.99$1.00$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.18$1.32$1.14$0.99$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.18$1.21$0.75$0.69$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.19$1.23$1.13$1.06$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.02$1.16$1.19$1.08$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.04$1.06$0.98$0.99$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.06$1.07$1.27$1.08$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.88$1.10$0.96$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.01$0.74$1.09$1.05$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.71$1.20$1.04$0.16
2013Summary only. Only limited summary data is available for this year.$0.57$0.02$0.55$1.22$1.07$0.15
2012Summary only. Only limited summary data is available for this year.$0.44$0.04$0.40$0.92$0.87$0.05
2011Summary only. Only limited summary data is available for this year.$0.42$0.07$0.35$0.96$0.77$0.19
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 9, 2017
Return Version
2015v3.0
Gross Receipts
$1,097,122
Mission and Program Overview

Mission

A better education for minor children.

A school for the better education of minor children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$744,298$882,852▲ $138,554
Savings and Temporary Cash Investments$435,187$509,390▲ $74,203
Land, Buildings, and Equipment, Net$206,735$201,075▼ $5,660
Cash and Non-Interest-Bearing Accounts$49,620$126,414▲ $76,794
Intangible Assets$63,125$57,045▼ $6,080
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$757,008$894,836▲ $137,828
Other Assets Total$2,341$912▼ $1,429
Liabilities
Unsecured Notes Loans Payable$12,710$11,984▼ $726
Total Liabilities$12,710$11,984▼ $726
Net Assets / Fund Balance
Total Net Assets Fund Balance$744,298$882,852▲ $138,554
Total Liabilities and Net Assets / Fund Balance$757,008$894,836▲ $137,828

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$75,498$157,456$232,954
Buildings$125,577$17,718$143,295
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ruth YongPresidentFT$105,907$105,907

Board Members and Trustees

NameTitle
Debbie LauVice President
Abraham JouBoard Member
Joel LoBoard Member
Connie KwanSecretary
Grace LauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,090,073
Investment Income
$7,049
Other Revenue
$0
Change in Net Assets
$138,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$559,969
Other Expenses$361,070
Grants and Similar Amounts Paid$37,529
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$374,828--$374,828
Current Officers, Directors, Trustees, and Key Employees-$105,907-$105,907
Royalties$65,407--$65,407
Payroll Taxes$34,153$8,506-$42,659
Grants to Domestic Orgs$37,529--$37,529
Travel$34,951--$34,951
Other Employee Benefits$28,231$5,958-$34,189
Depreciation Depletion$19,187$10,219-$29,406
Fees for Services Other$3,953$22,497-$26,450
All Other Expenses$5,617$16,114-$21,731
Insurance$9,788$9,901-$19,689
Occupancy$17,466--$17,466
Advertising-$16,849-$16,849
Fees for Services Legal-$14,435-$14,435
Information Technology$14,331--$14,331
Other Expenses$7,684--$7,684
Fees for Services Accounting-$4,435-$4,435
Pension Plan Contributions$1,193$1,193-$2,386
Office Expenses$1,486$399-$1,885
Interest-$947-$947
Total Functional Expenses$741,208$217,360$0$958,568
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Chinese Methodist ChurchFremont, CA501(c)(3)Educational Assistance$37,528
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Grace lau and debbie lau are related to each other.”

Form 990, Part VI, Section B, Line 11

“Reviewed at a board meeting.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Palm Academy Inc
EIN
20-5949060
Phone
5109799794
Address
2856 WASHINGTON BLVD, FREMONT, CA 94539

Signing Officer

Name
Ruth Yong
Title
President
Phone
5109799794
Signed
2017-02-09

Organization Details

Principal Officer
Ruth Yong
Formed
2007
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
0

Preparer

Firm
Michael P Senadenos CPA
Address
39420 LIBERTY ST 170, FREMONT, CA 94538
Phone
5107944487
Raw XML Appendix385 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AdvertisingGrp/ManagementAndGeneralAmt016849
IRS990/AdvertisingGrp/TotalAmt016849
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt016114
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05617
IRS990/AllOtherExpensesGrp/TotalAmt021731
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05109799794
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02856 WASHINGTON BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FREMONT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094539
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt049620
IRS990/CashNonInterestBearingGrp/EOYAmt0126414
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0105907
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0105907
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt037529
IRS990/CYInvestmentIncomeAmt07049
IRS990/CYOtherExpensesAmt0361070
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01090073
IRS990/CYRevenuesLessExpensesAmt0138554
IRS990/CYSalariesCompEmpBnftPaidAmt0559969
IRS990/CYTotalExpensesAmt0958568
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01097122
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt010219
IRS990/DepreciationDepletionGrp/ProgramServicesAmt019187
IRS990/DepreciationDepletionGrp/TotalAmt029406
IRS990/Desc0EDUCATION
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0703680
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04435
IRS990/FeesForServicesAccountingGrp/TotalAmt04435
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014435
IRS990/FeesForServicesLegalGrp/TotalAmt014435
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022497
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03953
IRS990/FeesForServicesOtherGrp/TotalAmt026450
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CONNIE KWAN
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBBIE LAU
IRS990/Form990PartVIISectionAGrp/PersonNm2GRACE LAU
IRS990/Form990PartVIISectionAGrp/PersonNm3ABRAHAM JOU
IRS990/Form990PartVIISectionAGrp/PersonNm4RUTH YONG
IRS990/Form990PartVIISectionAGrp/PersonNm5JOEL LO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4105907
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt037529
IRS990/GrantsToDomesticOrgsGrp/TotalAmt037529
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01097122
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt014331
IRS990/InformationTechnologyGrp/TotalAmt014331
IRS990/InsuranceGrp/ManagementAndGeneralAmt09901
IRS990/InsuranceGrp/ProgramServicesAmt09788
IRS990/InsuranceGrp/TotalAmt019689
IRS990/IntangibleAssetsGrp/BOYAmt063125
IRS990/IntangibleAssetsGrp/EOYAmt057045
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IRS990/InterestGrp/TotalAmt0947
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07049
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07049
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt017466
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0399
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IRS990/OfficeExpensesGrp/TotalAmt01885
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc0SUPPLIES/TOYS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3CURRICULUM
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IRS990/OtherExpensesGrp/ProgramServicesAmt29902
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IRS990/OtherExpensesGrp/TotalAmt37684
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PayrollTaxesGrp/ProgramServicesAmt034153
IRS990/PayrollTaxesGrp/TotalAmt042659
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01193
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01193
IRS990/PensionPlanContributionsGrp/TotalAmt02386
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RUTH YONG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01090073
IRS990/ProgSrvcAccomActy2Grp/Desc0DONATIONS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt037528
IRS990/ProgSrvcAccomActy2Grp/GrantAmt037528
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt058997
IRS990/PYInvestmentIncomeAmt03350
IRS990/PYOtherExpensesAmt0396677
IRS990/PYOtherRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt0597069
IRS990/PYTotalExpensesAmt01052743
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01089631
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0138554
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01090073
IRS990/RoyaltiesGrp/ProgramServicesAmt065407
IRS990/RoyaltiesGrp/TotalAmt065407
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0744298
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0882852
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0435187
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0509390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03350
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01211
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011610
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05493552
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/TotalSupportAmt011610
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0125577
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017718
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0143295
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt075498
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0157456
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0232954
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0201075
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt037528
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FIRST CHINESE METHODIST CHURCH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02856 WASHINGTON BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FREMONT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094539
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRACE LAU AND DEBBIE LAU ARE RELATED TO EACH OTHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0757008
IRS990/TotalAssetsEOYAmt0894836
IRS990/TotalAssetsGrp/BOYAmt0757008
IRS990/TotalAssetsGrp/EOYAmt0894836
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0217360
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0741208
IRS990/TotalFunctionalExpensesGrp/TotalAmt0958568
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012710
IRS990/TotalLiabilitiesEOYAmt011984
IRS990/TotalLiabilitiesGrp/BOYAmt012710
IRS990/TotalLiabilitiesGrp/EOYAmt011984
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0744298
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0882852
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0741208
IRS990/TotalProgramServiceRevenueAmt01090073
IRS990/TotalReportableCompFromOrgAmt0105907
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01097122
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01097122
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0757008
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0894836
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt034951
IRS990/TravelGrp/TotalAmt034951
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012710
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt011984
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0499 CRABAPPLE TERRACE
IRS990/USAddress/CityNm0FREMONT
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094539
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RUTH YONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05109799794
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALM ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0205949060
ReturnHeader/Filer/PhoneNum05109799794
ReturnHeader/Filer/USAddress/AddressLine1Txt02856 WASHINGTON BLVD
ReturnHeader/Filer/USAddress/CityNm0FREMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094539
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943014373
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL P SENADENOS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039420 LIBERTY ST 170
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094538
ReturnHeader/PreparerPersonGrp/PhoneNum05107944487
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-02-10T21:07:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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