Mission
TO OPERATE 3 PUBLIC CHARTER SCHOOLS IN THE STATE OF FLORIDA.
Public Charity
PALM BAY EDUCATION GROUP INC
PALM BAY EDUCATION GROUP INC is a nonprofit organization categorized as Public Charity based in PANAMA CITY, FL. Its most recent IRS filing (2025) reports revenue of $8.2M, expenses of $9.1M, total assets of $24.9M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $64K.
EIN: 261413851
PANAMA CITY, FL
Education N.E.C.
NTEE: B99
Latest filing: 2025
Total Revenue$8.2M
Total Expenses$9.1M
Total Assets$24.9M
Grant Records6
Funding Total$64K
Filing Years2021–2025
Where $100 goes at Palm Bay Education Group Inc
How Palm Bay Education Group Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$92
Programs
the work itself
$8
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $92 for programs
$92
To provide a unique school environment which emphasizes high academic achievement through the use of state-of-the-art technology and innovative but proven educational methods
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$12,000
GENERAL SUPPORT
$12,000
GENERAL SUPPORT
$10,000
GENERAL SUPPORT
$10,000
GENERAL USE AND/OR SPECIAL FUND/PROJECT
$10,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
CHAIRMAN
Brett Hanson
SECRETARY/TREASURER
Derek Mcdavid
MEMBER
Hudson Rehm
PRINCIPAL
Jeremy Knapp
PRINCIPAL
Patty Phillips
MEMBER
Regina Stanley
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $8.2M | $9.1M | $24.9M |
| 2024 | $10.0M | $9.6M | $26.8M |
| 2023 | $7.3M | $8.0M | $22.9M |
| 2022 | $7.0M | $7.4M | $22.4M |
| 2021 | $9.1M | $8.6M | $22.0M |
Between 2021 and 2025, reported annual revenue declined from $9.1M to $8.2M (-9%), with total assets most recently reported at $24.9M.
Interactive year-over-year charts and full filing details available with membership.