Civic Intelligence

Palmetto Classic

990EZ • Fiscal year 2021 • EIN 81-2437464

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 06, 2023

Organization Profile
PO Box 7191Alexandria, VA 22307

(202) 997-1420

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

6th percentile

-137%

Higher net margin than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-31%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $18,926 (-100%) from 2020

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin6th percentile

Revenue

Down

$13,831

Down $6,169 (-31%) from 2020

Expenses

Up

$32,758

Up $31,507 (+2519%) from 2020

Net Income

Down

-$18,927

Down $37,676 (-201%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$15K$10K$5.0K$0Assets 2019: $178Liabilities 2019: $02019Assets 2020: $18,926Liabilities 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $513Liabilities 2022: $0Net Assets 2022: $5132022Assets 2023: $15,601Liabilities 2023: $0Net Assets 2023: $15,6012023Assets 2024: $9,435Liabilities 2024: $0Net Assets 2024: $9,4352024

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2019: $42,765Expenses 2019: $44,239Net Income 2019: -$1,4742019Revenue 2020: $20,000Expenses 2020: $1,251Net Income 2020: $18,7492020Revenue 2021: $13,831Expenses 2021: $32,758Net Income 2021: -$18,9272021Revenue 2022: $30,967Expenses 2022: $30,454Net Income 2022: $5132022Revenue 2023: $25,113Expenses 2023: $10,025Net Income 2023: $15,0882023Revenue 2024: -$6,008Expenses 2024: $158Net Income 2024: -$6,1662024

Highlighted filing

2021

Revenue$13,831
Expenses$32,758
Net Income-$18,927
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 6, 2023
Return Version
2021v4.0
Gross Receipts
$38,860
Mission and Program Overview

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 Services

DescriptionGrantsExpenses
Provided a donation to Meeting Street Schools, which provides educational services to students in SC.$32,000$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bryan JacobsPresident-$0--
Astrid RuggeriSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Palmetto Classic
EIN
81-2437464
Phone
2029971420
Address
PO Box 7191, Alexandria, VA 22307

Signing Officer

Name
Astrid Ruggeri
Title
Secretary
Phone
2029971420
Signed
2023-03-06
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

“I originally filed my 2021 taxes via paper, and received a return notification, that I was suppose to electronically file the documents. So am now resubmitting electronically.”

Raw XML Appendix152 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02029971420
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0900 G Street NW
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 600
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Washington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020001
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IRS990EZ/ExcessOrDeficitForYearAmt0-18927
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IRS990EZ/FundraisingGrossIncomeAmt09360
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt032000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt038860
IRS990EZ/GrossSalesOfInventoryAmt00
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt0758
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bryan Jacobs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Astrid Ruggeri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The 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.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided a donation to Meeting Street Schools, which provides educational services to students in SC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt032000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt025029
IRS990EZ/SpecialEventsNetIncomeLossAmt0-15669
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032758
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt013831
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherDesc0non-profit
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt029500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt053500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0103000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt012340
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt021700
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0124700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt065840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0124700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt038860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt065840
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0124700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0I originally filed my 2021 taxes via paper, and received a return notification, that I was suppose to electronically file the documents. So am now resubmitting electronically.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
ReasonableCauseExplanation/ExplanationTxt0I submitted the original filing by the due date and was not late. However, I received notice that I needed to file this digitally.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Astrid Ruggeri
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum02029971420
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO CLASSIC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0812437464
ReturnHeader/Filer/PhoneNum02029971420
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 7191
ReturnHeader/Filer/USAddress/CityNm0Alexandria
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022307
ReturnHeader/ReturnTs02023-03-06T13:39:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$13,831
Expenses
$32,758
Net income
-$18,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.44$0.00$9.44$6.01$0.16$6.17
2023Detailed filing. Detailed filing data is available for this year.$15.6$0.00$15.6$25.1$10.0$15.1
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$31.0$30.5$0.51
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$13.8$32.8$18.9
2020Summary only. Only limited summary data is available for this year.$18.9$0.00$20.0$1.25$18.7
2019Summary only. Only limited summary data is available for this year.$0.18$0.00$42.8$44.2$1.47