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EIN 66-0486893

The Palmas Academy

IRS 501(c) type
501(c)(3)
Num. employees
98
City
Puerto Rico
State
Year formed
1992
Most recent tax filings
2024-06-01
NTEE code, primary
B24: Elementary School
Description
Educational services to approx. 506 students from pre-k to 12th grade. See general footnote attached. 355 students from pre-k to 12th grade. 292 students from pre-k to 12th grade. 333 students from pre-k to 12th grade. 431 students from pre-k to 12th grade.
Total revenues
$5,379,767
2024
Total expenses
$5,765,717
2024
Total assets
$10,662,023
2024
Num. employees
98
2024

Program areas at The Palmas Academy

Educational services to approx. 506 students from pre-k to 12th grade.

Who funds The Palmas Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
For the Future Foundation / FTF FoundationYouth Development$10,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$10,000
DAFgiving360Education$5,100

Financials for The Palmas Academy

RevenuesFYE 06/2024
Total grants, contributions, etc.$1,182,267
Program services$3,772,308
Investment income and dividends$14,906
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$29,739
Net income from gaming activities$0
Net income from sales of inventory$35,016
Miscellaneous revenues$345,531
Total revenues$5,379,767

Organizations like The Palmas Academy

OrganizationLocationRevenue
John Paul the Great AcademyLafayette, LA$3,678,240
Rudolf Steiner School of Ann ArborAnn Arbor, MI$7,624,244
St Anne's Episcopal SchoolMiddletown, DE$7,590,535
Bay Farm Montessori AcademyDuxbury, MA$4,729,212
Welsh Hills SchoolGranville, OH$1,374,224
Riverfield Country Day School (RCDS)Tulsa, OK$10,990,484
Highland Community-SchoolMilwaukee, WI$6,036,843
The Pennfield SchoolPortsmouth, RI$3,486,278
Spartanburg Day SchoolSpartanburg, SC$13,673,675
Saint Paul's SchoolClearwater, FL$16,398,338
Data update history
July 14, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 13, 2025
Updated personnel
Identified 1 new personnel
July 2, 2025
Used new vendors
Identified 1 new vendor, including
November 21, 2024
Updated personnel
Identified 2 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from For the Future Foundation / FTF Foundation
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Fundraising eventsReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
10 Academy Dr Palmas Del Mar
Puerto Rico, 00000
Website URL
palmasacademy.org/ 
Phone
(787) 850-9120
IRS details
EIN
66-0486893
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B24: Elementary School
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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