Palm Harbor Academy Inc is a 501(c)(3) organization based in Palm Coast, Florida, registered in 2013, with $631,068 in FY2022 revenue. CharityIndex grades it D.
Revenue (FY2022)
$631K
▲ 17.3% vs prior year
Education median: $200K
Expenses (FY2022)
$647K
Net assets
-$256K
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 Palm Harbor Academy Inc— 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 Palm Harbor Academy Inc: 0 mo reserves · -3% margin earns a D 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 Palm Harbor Academy Inc— 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 Palm Harbor Academy Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $789K (FY2013) to $631K (FY2022) across 10 reported years.
Financial snapshot
Operating margin
-2.6%
Spent more than it raised in the latest fiscal year.
Total assets
$433K
Total liabilities
$689K
Net assets
-$256K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $631,068▲17.3% | $647,213▲6.4% | -$256,490▼6.7% | $432,970▼7.5% | 990 |
| 2021 | $538,094▲27.0% | $608,284▲38.0% | -$240,347▼41.3% | $468,083▲96.4% | 990 |
| 2020 | $423,602▼2.9% | $440,861▼2.9% | -$170,157▼11.1% | $238,287▲51.6% | 990 |
| 2019 | $436,116▼23.1% | $453,997▼37.3% | -$153,099▼13.2% | $157,179▲206% | 990 |
| 2018 | $567,378▼53.2% | $724,552▼45.9% | -$135,217▼448% | $51,433▼77.2% | 990 |
| 2017 | $1,213,305▲8.2% | $1,338,067▲20.6% | $38,800▼74.2% | $226,040▲5.5% | 990 |
| 2016 | $1,121,767▼2.3% | $1,109,656▲4.0% | $150,310▲8.8% | $214,156▲13.9% | 990 |
| 2015 | $1,147,717▲24.1% | $1,066,613▲15.4% | $138,199▲142% | $188,044▲103% | 990 |
| 2014 | $924,484▲17.1% | $924,202▲15.6% | $57,095▲0.5% | $92,577▲3.1% | 990 |
| 2013 | $789,240 | $799,793 | $56,813 | $89,795 | 990 |
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.
17 grants to Palm Harbor Academy Inc totaling $688K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Education | 2024 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $25,000 |
| National Philanthropic Tr | Human services | 2023 | $15,000 |
| National Christian Charitable Foundation | Growth | 2023 | $10,000 |
| The Early Learning Coalition of Flagler and Volusia Counties Inc | Arpa stabilization grants del program, arp supply building imp grants, train new teachers | 2022 | $53,879 |
| National Philanthropic Tr | Education | 2022 | $25,000 |
| National Christian Charitable Foundation | Growth | 2022 | $10,000 |
| National Christian Charitable Foundation | Growth | 2022 | $10,000 |
| National Christian Charitable Foundation | Growth | 2021 | $100,000 |
| The Early Learning Coalition of Flagler and Volusia Counties Inc | Arpa grant, crrsa phase vi grant, int capacity grant, playground safety grant | 2021 | $20,000 |
| National Philanthropic Tr | Education | 2021 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $112,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $25,000 |
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Data for Palm Harbor Academy Inc (EIN 27-0373254) 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.