Mission
TO PROVIDE AN EXCELLENT EDUCATION FOR STUDENTS
Public Charity
PANAMA CITY ADVANCED SCHOOL
PANAMA CITY ADVANCED SCHOOL is a Public Charity headquartered in PANAMA CITY, FL. Financial data from the 2025 filing: $2.3M revenue, $1.8M expenses, $3.8M total assets. 9 publicly reported grants to this organization, totaling roughly $193K, appear in IRS filings.
EIN: 593321453
PANAMA CITY, FL
Elementary & Secondary Schools
NTEE: B20
Latest filing: 2025
Total Revenue$2.3M
Total Expenses$1.8M
Total Assets$3.8M
Grant Records9
Funding Total$193K
Filing Years2021–2025
Where $100 goes at Panama City Advanced School
How Panama City Advanced School divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
To educate students to graduate with a strong background in education and good discipline
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
UNRESTRICTED GENERAL SUPPORT
$11,000
UNRESTRICTED GENERAL SUPPORT
$11,000
For grant recipient's exempt purposes
$8,200
For grant recipient's exempt purposes
$5,400
For grant recipient's exempt purposes
$10,250
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
MEMBER
Hashem Mubarak
MEMBER
Mohammed Yahia Abdule-Rahim
DIRECTOR
Rashid Karaman
PRESIDENT
Riyad Albibi Md
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.3M | $1.8M | $3.8M |
| 2024 | $2.6M | $1.6M | $3.3M |
| 2023 | $1.8M | $1.4M | $2.4M |
| 2022 | $1.3M | $1.2M | $2.0M |
| 2021 | $1.3M | $1.1M | $1.9M |
Between 2021 and 2025, reported annual revenue grew from $1.3M to $2.3M (+71%), with total assets most recently reported at $3.8M.
Interactive year-over-year charts and full filing details available with membership.