Nonprofits›Palmetto Academy For Learning Motorsports Inc

Education

Palmetto Academy For Learning Motorsports Inc

MYRTLE BEACH, SC

Website

Total revenue

$2.9M

Total expenses

$3.2M

Net assets

$551K

Grants received

$131K

4 grants

EIN

272409627

Tax year

2023

Mission

The palmetto academy of learning motorsports is a vocational school that is related to palm charter high school, a tuition-free public charter school open to all horry county students, grades 9-12. We offer a technology- based blended learning environment leading to a south carolina high school diploma.

Financials

FY 2023

Revenue

Contributions & grants$2.8M
Program service revenue$106K
Investment income$4K
Other revenue$11K
Total revenue$2.9M

Expenses

Grants paid—
Salaries & benefits$2.0M
Fundraising—
Other expenses$1.2M
Total expenses$3.2M
Total assets$5.7M
Net assets$551K

People

7 listed

NameRoleCompensation

JOHN MOORE

PREVIOUS PRI

Board

$89K

40 hrs/wk

WALT AKIN

MEMBER

Board

—

1 hrs/wk

RAY HICKS

CHAIR

Board

—

2 hrs/wk

DAWN JEWELL

MEMBER

Board

—

1 hrs/wk

JOANN LUYSTER

SECRETARY

Board

—

1 hrs/wk

WOODY MARTIN

VICE CHAIR

Board

—

1 hrs/wk

JEFF PETERSON

CURRENT PRIN

Board

—

0.15 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
I CAR EDUCATION FOUNDATION
$68K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2024
I CAR EDUCATION FOUNDATION
$15K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2023
I CAR EDUCATION FOUNDATION
$22K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2022
I CAR EDUCATION FOUNDATION
$26K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2020

Funded by

$131K from 1 funder · 4 grants · 2020–2024

I Car Education Foundation

$131K · 4 grants · 2020–2024

Details

EIN272409627
NTEE codeB29
Subsection03
Ruling date2018-04
Formed2012
Employees33
Volunteers5
PALMETTO ACADEMY FOR LEARNING MOTORSPORTS INC — Mission, Financials & Grants Received | Grantivo