Friends & Alumni Association Of Palmetto High School
- Assets
- $245.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mullins, SC
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 57-0870379
Organization Overview
Friends & Alumni Association Of Palmetto High School is located in Mullins, SC. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends & Alumni Association Of Palmetto High School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Friends & Alumni Association Of Palmetto High School generated $45.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $20.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED SCHOLARSHIPS TO LOCAL STUDENTS AND BOYS AND GIRLS STATE SPONSORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milton Troy II President | 0 | $0 | |
Rosemarie Holmes Secretary | 0 | $0 | |
Howard Campbell Finance Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,058 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,095 |
| Gain or Loss | $1,397 |
| Net Income from Gaming & Fundraising | -$2,076 |
| Other Revenue | $0 |
| Total Revenue | $45,769 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $530 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $794 |
| Other expenses | $19,220 |
| Total expenses | $20,544 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $245,797 |
| Other assets | $0 |
| Total assets | $245,797 |
| Total liabilities | $0 |
| Net assets or fund balances | $245,797 |