CSCharityScored
36

Palmetto Academy For Learning Motorsports Inc

Education · Conway, South Carolina

826 W Cox Ferry Rd, Conway, SC 29526-8510

EIN: 272409627· Founded: Apr 2018· 8 years active· Filing Year: 2023

Annual Revenue

$3.0M

Total Expenses

$2.8M

Total Assets

$6.0M

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$1.4M

Total Payroll

$1.4M

52% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 52%
Other overhead: 97%
Program Revenue$83K (3%)
Total Expenses$2.8M (92%)
Payroll$1.4M (52%)
Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$3.0M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.