Premier Academy School Inc

Analysis

Premier Academy School Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Premier Academy School Inc reported income of $257k and spending of $327k, spending 127% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income fell from $314k to $257k (-18%), an average of -9.6% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Premier Academy School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include RHHS Boosters Inc ($257k), The Link School LLC ($257k) and Libertas Academy Inc ($257k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $39k (12% of expenses). Other salaries and wages came to $149k. It paid $428 in professional fundraising fees. At year end it held assets of $33k against liabilities of $114k, net assets of -$81k. It reported 9 employees.