Panama City Advanced School Corporation

Organization Overview

Panama City Advanced School Corporation is located in Panama City, FL. The organization was established in 2002. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2022, Panama City Advanced School Corporation employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panama City Advanced School Corporation 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, Panama City Advanced School Corporation generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AN EXCELLENT EDUCATION FOR STUDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO EDUCATE STUDENTS TO GRADUATE WITH A STRONG BACKGROUND IN EDUCATION AND GOOD DISCIPLINE. TO PROMOTE A DRUG FREE AND SAFE ENVIRONMENT FOR STUDENTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Rashid Karaman
Director
$58,266
Riyad Albibi MD
President
$0
Hashem Mubarak
Member
$0
Mohammed Yahia Abdule-Rahim
Member
$0
Marwin Obid
Member
$0
Maged Shalaby
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$231,225
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$231,225
Total Program Service Revenue$1,016,141
Investment income $28,629
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,727
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,302,223

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Panama City Advanced School Corporation has recieved totaling $30.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$30
View Grant Recipient Profile

Create an account to unlock the data you need.

or