Academy at Palumbo Home and School Association
Nonprofit profile at a glance
- EIN
- 933688284
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Philadelphia, PA, USA
- Phone
- 2154008130
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $117,101
- Expenses
- $81,655
- Assets
- $44,003
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Julie Kaeli (President 2024-2025)
- Alex Du (Vice President 2024-2025)
People named in this filing
- Julie Kaeli (President 2024-2025)
- Lisa Hardy (Treasurer 2024-2025)
- Alex Du (Vice President 2024-2025)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Academy at Palumbo Home and School Association goals are to support the Academy at Palumbo community and to enhance the educational experience of Palumbo students.
What it reported doing in 2024
Support sport and club programs through fundraising efforts that benefit over a hundred students involved in drama, debate and/or 11 sports teams. Supports families and students at Palumbo through events such as the New Family welcome breakfast, Fall Feast for students, and other community building events. Benefits around 1200 students and around 220 new families. Provides support to Academy at Palumbo teachers and staff (100) with welcome back breakfast, teacher appreciation lunch, and extra classroom resources as needed. Finally, we created a wellness center for both students (1200) and staff (100).
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 82
- Sustainability: 68
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 30.3%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 69.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $82K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.