Friends & Alumni Association of Palmetto High School is a 501(c)(3) organization based in Mullins, South Carolina, registered in 2007, with $49,053 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$49K
▼ 5.8% vs prior year
Education median: $200K
Expenses (FY2024)
$21K
Net assets
$389K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends & Alumni Association of Palmetto High School— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends & Alumni Association of Palmetto High School: 224 mo reserves · +57% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends & Alumni Association of Palmetto High School— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends & Alumni Association of Palmetto High School: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $26K (FY2011) to $49K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
57.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$389K
Net assets
$389K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,053▼5.8% | $20,874▼3.7% | $389,141▲26.0% | $389,141▲26.0% | 990EZ |
| 2023 | $52,079▲13.8% | $21,674▲5.5% | $308,753▲25.6% | $308,753▲25.6% | 990EZ |
| 2022 | $45,769▼8.5% | $20,544▼3.9% | $245,797▲8.2% | $245,797▼19.9% | 990EZ |
| 2021 | $50,005▲64.5% | $21,375▼23.9% | $227,089▲14.4% | $306,891▲18.9% | 990EZ |
| 2020 | $30,403▼49.6% | $28,079▼19.5% | $198,459▲1.2% | $258,144▲15.5% | 990EZ |
| 2019 | $60,381▲3.7% | $34,870▲1.6% | $196,135▲15.0% | $223,557▲27.9% | 990EZ |
| 2018 | $58,239▲1.3% | $34,336▼12.0% | $170,624▲16.3% | $174,745▲7.5% | 990EZ |
| 2017 | $57,469▲7.6% | $39,033▼8.3% | $146,721▲14.4% | $162,567▲23.7% | 990EZ |
| 2016 | $53,433▲21.3% | $42,551▲4.3% | $128,285▲9.3% | $131,412▲11.9% | 990EZ |
| 2015 | $44,057▲15.1% | $40,816▼0.8% | $117,403▲2.8% | $117,403▲2.8% | 990EZ |
| 2014 | $38,282▲45.3% | $41,162▲48.7% | $114,162▼2.5% | $114,162▼2.5% | 990EZ |
| 2013 | $26,355▲17.8% | $27,688▲55.7% | $117,042▼1.1% | $117,042▼1.1% | 990EZ |
| 2012 | $22,368▼13.8% | $17,782▲14.1% | $118,375▲4.0% | $118,375▲4.0% | 990EZ |
| 2011 | $25,946 | $15,588 | $113,789 | $113,789 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Friends & Alumni Association of Palmetto High School (EIN 57-0870379) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.