Palmetto Academy For Learning Motorsports Inc — 2020 IRS Filing

EIN: 272409627 · Tax Year 2020 · Source: IRS Form 990

$2.3MTotal Revenue
$2.5MTotal Expenses
$5.1MNet Assets

Financial Summary

MetricAmount
Total Revenue$2.3M
Total Expenses$2.5M
Net Income$-180,421
Total Assets (End of Year)$5.1M

Frequently Asked Questions

What was Palmetto Academy For Learning Motorsports Inc's revenue in 2020?

Palmetto Academy For Learning Motorsports Inc reported $2.3M in total revenue for the 2020 tax year, with $2.5M in total expenses and $5.1M in net assets.

How did Palmetto Academy For Learning Motorsports Inc spend its money in 2020?

Detailed spending breakdown data is not available for Palmetto Academy For Learning Motorsports Inc's 2020 filing.

Where does this 2020 filing data come from?

This data comes from Palmetto Academy For Learning Motorsports Inc's IRS Form 990 filed for the 2020 tax year. Form 990 is a public document that all tax-exempt organizations must file annually with the IRS.

Understanding IRS Form 990

The IRS Form 990 is a public document that tax-exempt organizations must file annually. It provides detailed information about an organization's finances, governance, and activities. Key sections include revenue and expenses, compensation of officers, and program accomplishments.

All data shown on this page comes directly from Palmetto Academy For Learning Motorsports Inc's publicly available IRS Form 990 for the 2020 tax year. This information is provided for transparency and research purposes.

Other Filing Years

2023 2022 2021 2019 2018 2017

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