Civic Intelligence

Palm Tree Academy

990 • Fiscal year 2018 • EIN 83-0392659

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

Organization ProfilePTACADEMY.ORG
143 Paragon LnEl Paso, TX 79912

(915) 581-7729

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

32nd percentile

-3.7%

Higher net margin than 32% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

23rd percentile

-16%

Faster asset growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-12%

Faster revenue growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$37,776

Down $7,292 (-16%) from 2017

Net Assets

Down

$29,897

Down $6,833 (-19%) from 2017

Liabilities

Down

$7,879

Down $459 (-5.5%) from 2017

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin32nd percentile

Revenue

Down

$183,468

Down $23,850 (-12%) from 2017

Expenses

Down

$190,301

Down $22,053 (-10%) from 2017

Net Income

Down

-$6,833

Down $1,797 (-36%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$100K$50K$0Assets 2012: $38,109Liabilities 2012: $2,8282012Assets 2013: $69,464Liabilities 2013: $5,8262013Assets 2014: $60,799Liabilities 2014: $2,329Net Assets 2014: $58,4702014Assets 2015: $47,373Liabilities 2015: $3,769Net Assets 2015: $43,6042015Assets 2016: $44,889Liabilities 2016: $3,123Net Assets 2016: $41,7662016Assets 2017: $45,068Liabilities 2017: $8,338Net Assets 2017: $36,7302017Assets 2018: $37,776Liabilities 2018: $7,879Net Assets 2018: $29,8972018Assets 2019: $65,752Liabilities 2019: $2,842Net Assets 2019: $62,9102019Assets 2020: $85,850Liabilities 2020: $2,255Net Assets 2020: $83,5952020Assets 2021: $70,673Liabilities 2021: $6,060Net Assets 2021: $64,6132021Assets 2022: $89,950Liabilities 2022: $8,683Net Assets 2022: $81,2672022Assets 2023: $42,151Liabilities 2023: $9,107Net Assets 2023: $33,0442023Assets 2024: $30,112Liabilities 2024: $14,681Net Assets 2024: $15,4312024Assets 2025: $79,852Liabilities 2025: $27,335Net Assets 2025: $52,5172025

Highlighted filing

2018

Assets$37,776
Liabilities$7,879
Net Assets$29,897
Open 2018 Filing

Operations Trend

Revenue Growth32nd percentile

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

$300K$200K$100K$0-$100KRevenue 2012: $85,553Expenses 2012: $83,858Net Income 2012: $1,6952012Revenue 2013: $162,750Expenses 2013: $127,907Net Income 2013: $34,8432013Revenue 2014: $195,817Expenses 2014: $200,985Net Income 2014: -$5,1682014Revenue 2015: $188,397Expenses 2015: $203,263Net Income 2015: -$14,8662015Revenue 2016: $185,275Expenses 2016: $187,113Net Income 2016: -$1,8382016Revenue 2017: $207,318Expenses 2017: $212,354Net Income 2017: -$5,0362017Revenue 2018: $183,468Expenses 2018: $190,301Net Income 2018: -$6,8332018Revenue 2019: $246,609Expenses 2019: $213,596Net Income 2019: $33,0132019Revenue 2020: $246,091Expenses 2020: $225,406Net Income 2020: $20,6852020Revenue 2021: $122,752Expenses 2021: $141,734Net Income 2021: -$18,9822021Revenue 2022: $215,699Expenses 2022: $199,045Net Income 2022: $16,6542022Revenue 2023: $154,621Expenses 2023: $202,844Net Income 2023: -$48,2232023Revenue 2024: $185,863Expenses 2024: $203,476Net Income 2024: -$17,6132024Revenue 2025: $229,561Expenses 2025: $192,475Net Income 2025: $37,0862025

Highlighted filing

2018

Revenue$183,468
Expenses$190,301
Net Income-$6,833
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$183,468
Mission and Program Overview

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.

Palm tree academy is committed to the development of the student as a whole and seeks to provide students with academic excellence and religious training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,571$21,223▼ $1,348
Cash and Non-Interest-Bearing Accounts$14,518$10,610▼ $3,908
Accounts Receivable$7,979$5,943▼ $2,036
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$45,068$37,776▼ $7,292
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$8,338$7,879▼ $459
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,338$7,879▼ $459
Net Assets / Fund Balance
Unrestricted Net Assets$36,730$29,897▼ $6,833
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$36,730$29,897▼ $6,833
Total Liabilities and Net Assets / Fund Balance$45,068$37,776▼ $7,292

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,405$20,109$33,514
Other Land Buildings$7,818$6,368$14,186
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Laura KassimSchool DirectorFT$12,000$12,000

Board Members and Trustees

NameTitle
Gina Nunez-mchiriPresident
Amr AbdelgawadBoard Member
Yehia IbrahimBoard Member
Nichole C OrozcoAdministrator
Cecilia OrozcoSecretary
Ali MchiriTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,157
Program Service Revenue
$120,311
Investment Income
$0
Other Revenue
$0
All Other Contributions
$63,157
Change in Net Assets
$-6,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$156,999
Other Expenses$33,302
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,039$13,338$0$133,377
Current Officers, Directors, Trustees, and Key Employees$10,800$1,200$0$12,000
Payroll Taxes$10,459$1,163$0$11,622
Office Expenses$7,015$780$0$7,795
Occupancy$6,484$720$0$7,204
Depreciation Depletion$5,123$569-$5,692
All Other Expenses$3,344$371-$3,715
Fees for Services Other$2,782$309$0$3,091
Other Expenses$2,160$240$0$2,400
Travel$257$28$0$285
Conferences and Meetings$160$17$0$177
Total Functional Expenses$171,272$19,029$0$190,301
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is presented to the school directors who reviews and approves the form.”

Form 990, Part VI, Section B, Line 12C

“The board of directors are required to sign a conflict of interest statement which requires disclosure and notification of any potential conflicts. The statements are reviewed annually.”

Form 990, Part VI, Section B, Line 15B

“Annual performance reviews based on market rate for the region and regional salaries for comparable organizations are conducted by the board of directors of the school director. The school director performs annual reviews of all other staff personnel with assistance of the appropriate committee, if applicable.”

Filing and Contact Details

Filer

Filer Name
Palm Tree Academy
EIN
83-0392659
In Care Of
% LAURA KASSIM
Phone
9155817729
Address
143 PARAGON LN, EL PASO, TX 79912

Signing Officer

Name
Laura Kassim
Title
School Director
Phone
9155817729
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Nunez-mchiri
Formed
2004
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
14

Preparer

Firm
Pena Briones Mcdaniel & Co Pc
Address
4171 N MESA SUITE B-100, EL PASO, TX 79902-1498
Preparer
Rene D Pena CPA
Phone
9155421733
Raw XML AppendixShowing 400 of 457 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08338
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07879
IRS990/AccountsReceivableGrp/BOYAmt07979
IRS990/AccountsReceivableGrp/EOYAmt05943
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PALM TREE ACADEMY IS COMMITTED TO THE DEVELOPMENT OF THE STUDENT AS A WHOLE AND SEEKS TO PROVIDE STUDENTS WITH ACADEMIC EXCELLENCE AND RELIGIOUS TRAINING.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt063157
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0371
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03344
IRS990/AllOtherExpensesGrp/TotalAmt03715
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0LAURA KASSIM
IRS990/BooksInCareOfDetail/PhoneNum09155817729
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0143 PARAGON LN
IRS990/BooksInCareOfDetail/USAddress/CityNm0EL PASO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079912
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt014518
IRS990/CashNonInterestBearingGrp/EOYAmt010610
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01200
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt010800
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt012000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt017
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0160
IRS990/ConferencesMeetingsGrp/TotalAmt0177
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt063157
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt033302
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0120311
IRS990/CYRevenuesLessExpensesAmt0-6833
IRS990/CYSalariesCompEmpBnftPaidAmt0156999
IRS990/CYTotalExpensesAmt0190301
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0183468
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0569
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05123
IRS990/DepreciationDepletionGrp/TotalAmt05692
IRS990/Desc0A 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.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0171272
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0309
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02782
IRS990/FeesForServicesOtherGrp/TotalAmt03091
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0GINA NUNEZ-MCHIRI
IRS990/Form990PartVIISectionAGrp/PersonNm1YEHIA IBRAHIM
IRS990/Form990PartVIISectionAGrp/PersonNm2ALI MCHIRI
IRS990/Form990PartVIISectionAGrp/PersonNm3CECILIA OROZCO
IRS990/Form990PartVIISectionAGrp/PersonNm4AMR ABDELGAWAD
IRS990/Form990PartVIISectionAGrp/PersonNm5NICHOLE C OROZCO
IRS990/Form990PartVIISectionAGrp/PersonNm6LAURA KASSIM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt612000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0183468
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026477
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022571
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021223
IRS990/LandBldgEquipCostOrOtherBssAmt047700
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PALM 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt036730
IRS990/NetAssetsOrFundBalancesEOYAmt029897
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0720
IRS990/OccupancyGrp/ProgramServicesAmt06484
IRS990/OccupancyGrp/TotalAmt07204
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0780
IRS990/OfficeExpensesGrp/ProgramServicesAmt07015
IRS990/OfficeExpensesGrp/TotalAmt07795
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc1COMPUTER AND INTERNET EXPENSE
IRS990/OtherExpensesGrp/Desc2FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/Desc3TRANSPORTATION SERVICE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0133
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1131
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3240
IRS990/OtherExpensesGrp/ProgramServicesAmt01204
IRS990/OtherExpensesGrp/ProgramServicesAmt11175
IRS990/OtherExpensesGrp/ProgramServicesAmt2270
IRS990/OtherExpensesGrp/ProgramServicesAmt32160
IRS990/OtherExpensesGrp/TotalAmt01337
IRS990/OtherExpensesGrp/TotalAmt11306
IRS990/OtherExpensesGrp/TotalAmt2300
IRS990/OtherExpensesGrp/TotalAmt32400
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013338
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0120039
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133377
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01163
IRS990/PayrollTaxesGrp/ProgramServicesAmt010459
IRS990/PayrollTaxesGrp/TotalAmt011622
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0GINA NUNEZ-MCHIRI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0120311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0120311
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt090837
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt040534
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0116481
IRS990/PYRevenuesLessExpensesAmt0-5036
IRS990/PYSalariesCompEmpBnftPaidAmt0171820
IRS990/PYTotalExpensesAmt0212354
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0207318
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6833
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0120311
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt013405
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020109
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033514
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07818
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06368
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014186
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021223
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLICIZES OUR RACIALLY NONDISCRIMINATORY POLICY ON ADVERTISEMENTS, ENROLLMENT DOCUMENTS, AND PAMPHELETS FOR SOLICITING ENROLLMENT THROUGH OUR CHURCH RELATED COMMUNITY, AS OUR ENROLLMENT IS 100% DRAWN FROM OUR RELIGIOUS DENOMINATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, SCHEDULE E - LINE 3 RACIALLY NONDISCRIMINATORY POLICY
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE SCHOOL DIRECTORS WHO REVIEWS AND APPROVES THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT WHICH REQUIRES DISCLOSURE AND NOTIFICATION OF ANY POTENTIAL CONFLICTS. THE STATEMENTS ARE REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL PERFORMANCE REVIEWS BASED ON MARKET RATE FOR THE REGION AND REGIONAL SALARIES FOR COMPARABLE ORGANIZATIONS ARE CONDUCTED BY THE BOARD OF DIRECTORS OF THE SCHOOL DIRECTOR. THE SCHOOL DIRECTOR PERFORMS ANNUAL REVIEWS OF ALL OTHER STAFF PERSONNEL WITH ASSISTANCE OF THE APPROPRIATE COMMITTEE, IF APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt045068
IRS990/TotalAssetsEOYAmt037776
IRS990/TotalAssetsGrp/BOYAmt045068
IRS990/TotalAssetsGrp/EOYAmt037776
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt063157
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019029
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171272
IRS990/TotalFunctionalExpensesGrp/TotalAmt0190301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08338
IRS990/TotalLiabilitiesEOYAmt07879
IRS990/TotalLiabilitiesGrp/BOYAmt08338
IRS990/TotalLiabilitiesGrp/EOYAmt07879
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt036730
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt029897
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0171272
IRS990/TotalProgramServiceRevenueAmt0120311
IRS990/TotalReportableCompFromOrgAmt012000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0120311

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,776
Liabilities
$7,879
Net assets
$29,897
Revenue
$183,468
Expenses
$190,301
Net income
-$6,833
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.27$0.53$2.30$1.92$0.37
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.15$0.15$1.86$2.03$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.09$0.33$1.55$2.03$0.48
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.09$0.81$2.16$1.99$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.06$0.65$1.23$1.42$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.02$0.84$2.46$2.25$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.03$0.63$2.47$2.14$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.08$0.30$1.83$1.90$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.08$0.37$2.07$2.12$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.42$1.85$1.87$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.44$1.88$2.03$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.58$1.96$2.01$0.05
2013Summary only. Only limited summary data is available for this year.$0.69$0.06$1.63$1.28$0.35
2012Summary only. Only limited summary data is available for this year.$0.38$0.03$0.86$0.84$0.02