Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
EIN 22-2442433 • 501(c)3 • Philadelphia, PA
Profile
Philadelphia academies, inc. (the "academies") was organized under the pennsylvania not-for-profit law to enhance the delivery of vocational training in high school youths in cooperation with the school district of philadelphia. The academies support career educational programs in the city of philadelphia's comprehensive public high schools; to develop employment opportunities for students currently enrolled in the academies and for graduates of the academies; and to solicit and expend funds to develop additional educational programs for the academies. The mission of philadelphia academies, inc. Is to design and implement industry informed, career-connected learning strategies for schools that position young people for success in post-secondary education and the workforce.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Assets
Down$2,441,786
Down $38,027 (-1.5%) from 2024
Liabilities
Down$740,052
Down $16,453 (-2.2%) from 2024
Net Assets
Down$1,701,734
Down $21,574 (-1.3%) from 2024
Revenue
Up$3,512,012
Up $571,987 (+19%) from 2024
Expenses
Up$3,563,285
Up $538,366 (+18%) from 2024
Net Income
Up-$51,273
Up $33,621 (+40%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
The mission of philadelphia academies, inc. Is to design and implement industry informed, career-connected learning strategies for schools that position young people for success in post-secondary education and the workforce. (cont'd on sch o, part iii,)
To provide career-connected educational programming for middle and high school students, capacity building for teachers and school leaders, and industry organizing - see schedule o
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $287,743 | $754,673 | ▲ $466,930 |
| Savings and Temporary Cash Investments | $672,706 | $610,632 | ▼ $62,074 |
| Cash and Non-Interest-Bearing Accounts | $547,944 | $297,160 | ▼ $250,784 |
| Investments in Publicly Traded Securities | $181,273 | $187,131 | ▲ $5,858 |
| Investments Other Securities | $299,690 | $150,053 | ▼ $149,637 |
| Prepaid Expenses and Deferred Charges | $47,402 | $109,404 | ▲ $62,002 |
| Total Assets | $2,479,813 | $2,441,786 | ▼ $38,027 |
| Other Assets Total | $443,055 | $332,733 | ▼ $110,322 |
| Liabilities | |||
| Other Liabilities | $457,700 | $338,814 | ▼ $118,886 |
| Accounts Payable and Accrued Expenses | $164,864 | $280,650 | ▲ $115,786 |
| Unsecured Notes Loans Payable | $130,640 | $117,305 | ▼ $13,335 |
| Mortgage Notes Payable Secured by Investment Property | $3,301 | $3,283 | ▼ $18 |
| Total Liabilities | $756,505 | $740,052 | ▼ $16,453 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $873,798 | $895,335 | ▲ $21,537 |
| Net Assets With Donor Restrictions | $849,510 | $806,399 | ▼ $43,111 |
| Total Net Assets Fund Balance | $1,723,308 | $1,701,734 | ▼ $21,574 |
| Total Liabilities and Net Assets / Fund Balance | $2,479,813 | $2,441,786 | ▼ $38,027 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $332,733 | - | - |
| Other Securities | $150,053 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| F Christopher Goins | President & | FT | $150,162 | $16,294 | $166,456 |
| F Christopher Goins | President & CEO | - | $150,162 | $16,294 | $166,456 |
| Name | Title |
|---|---|
| Ian Sladen | Chair |
| Monica Moody-wrenn | Vice Chair |
| Arthur Steinberg | Member |
| Brett Mayfield | Member |
| Cameron Redfern | Member |
| Christopher Edwards | Member |
| Dan Klein | Member |
| Darren Lipscomb | Member |
| Mark Goodman | Member |
| Patrick J Eiding | Member |
| Stephen J Rauscher | Member |
| Steven Hicks | Member |
| Ronald Bernal | Secretary |
| Jenna Rubendall | Senior Grant |
| John W Mucha | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,401,842 |
| Other Expenses | $1,078,476 |
| Total Fundraising Expense | $225,818 |
| Grants and Similar Amounts Paid | $51,857 |
| Professional Fundraising Fees | $31,110 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,685,585 | $757 | $48,278 | $1,734,620 |
| Other Employee Benefits | $203,946 | $8,136 | $19,292 | $231,374 |
| Current Officers, Directors, Trustees, and Key Employees | $45,727 | $76,984 | $84,150 | $206,861 |
| Payroll Taxes | $138,356 | $6,135 | $12,392 | $156,883 |
| Occupancy | $127,775 | $5,042 | $10,186 | $143,003 |
| Conferences and Meetings | $125,170 | $4,941 | $9,978 | $140,089 |
| Fees for Services Accounting | $39,877 | $83,736 | - | $123,613 |
| Fees for Services Other | $69,391 | $45,776 | $762 | $115,929 |
| Pension Plan Contributions | $63,532 | $2,323 | $6,249 | $72,104 |
| Office Expenses | $53,113 | $1,700 | - | $54,813 |
| Grants to Domestic Individuals | $51,857 | - | - | $51,857 |
| Fees for Services Professional Fundraising | - | - | $31,110 | $31,110 |
| Fees for Services Legal | - | $22,602 | - | $22,602 |
| Insurance | $11,917 | $470 | $951 | $13,338 |
| Interest | - | $4,758 | - | $4,758 |
| Other Expenses | $312 | $977 | $2,470 | $1,289 |
| Total Functional Expenses | $3,071,906 | $265,561 | $225,818 | $3,563,285 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $3,563,285 |
| Expenses per Audited Statements | $3,554,721 |
| Total Expenses per Audited Statements | $3,554,721 |
| Expenses Not Reported on Financial Statements | $8,564 |
| Other Expense Adjustments | $8,564 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $51,788 |
| Fundraising Gross Income | $51,788 |
| Professional Fundraising Fees | $31,110 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Event | $220,525 | $51,788 | $5,840 | $45,948 |
| Total Events | $220,525 | $51,788 | $51,788 | - |
| Liability | Amount |
|---|---|
| Operating Lease Obligation-net Curr. | $205,708 |
| Current- Operating Lease Obligation | $133,106 |
“The 990 is reviewed by both the treasurer of the board (on behalf of the board) and management before it is finalized and filed. Once finalized the 990 is given to each member of the board of directors.”
“On an annual basis, the conflict of interest policy is reviewed with philadelphia academies management and the board of directors members.these individuals are asked to disclose any conflicts.”
“The ceo is reviewed based on his annual work plan that he submits to the chairperson of the board. The chairperson, along with members of the executive committee review the ceo's performance and compensation is determined by them with written notice to the director of finance and administration.”
“Staff are reviewed based on our performance management process. This process was implemented in july 2008 and is maintained in each staff members personnel file. The management team (key employees) are review by the ceo with written documentation of such.”
“Philadelphia academies, inc. Makes its governing documents, conflict of interest policy and financial statements available upon request.”
“Part i question 1 all in support of students success and career/postsecondary readiness.”
“Career connected learning philadelphia academies, inc. (pai) has a number of initiatives housed under our career-connected and workforce development programs. Pai supports schools in career pathway development, providing assistance to schools in program design, implementation and evaluation, as well as industry organizing and relationship management. Work-based learning programs, including pai's middle school and hospitality initiative, provide students with sets of scaffolded real-world experiences to foster career exposure, awareness, preparation and training. Bridge and registered pre- apprenticeship programs create a clear pathway from school to work by preparing students with the skills needed to successfully enter the workforce, continue their education or join an apprenticeship program after graduation. Data supports and freshman success initiatives focus on increasing the effectiveness of teachers' use of data to support students, as well as building a strong 9th grade foundation to ensure high school success.”
“The philadelphia academies, inc. Has four memorial funds and one additional fund (five in total) from which it awards scholarships for post-secondary education to graduating seniors. The memorial funds are: the richard h. Delone memorial fund, the peter j. Merlino achievement award, the clinton gibson memorial scholarship, the justin w. Griffiths memorial scholarship. In addition, the benjamin franklin scholarship fund, a fund administered by the philadelphia foundation, is awarded to pai for distribution to eligible students/schools, the goal of which is to provide scholarships and classroom resources to: -(60% minimum) for pai students seeking post-secondary education in the trades, crafts and applied science fields. The scholarships will assist students who need financial aid to obtain post-secondary education. The award amounts vary per student. -(40% maximum): for pai programs to augment their teaching resources by the purchase of equipment, teaching materials, special supplies, etc. That would enhance the quality of education that they already provide in the trades, crafts and applied sciences.”
“Imputed interest on operating lease 8,564”
“The organization is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code. The organization does not believe its financial statements contain any uncertain tax positions at june 30, 2025. The organization had no income tax related penalties or interest for the years reported in these financial statements.”
“Imputed interest on operating lease 8,564”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | CAREER CONNECTED LEARNING PHILADELPHIA ACADEMIES, INC. (PAI) HAS A NUMBER OF INITIATIVES HOUSED UNDER OUR CAREER-CONNECTED AND WORKFORCE DEVELOPMENT PROGRAMS. PAI SUPPORTS SCHOOLS IN CAREER PATHWAY DEVELOPMENT, PROVIDING ASSISTANCE TO SCHOOLS IN PROGRAM DESIGN, IMPLEMENTATION AND EVALUATION, AS WELL AS INDUSTRY ORGANIZING AND RELATIONSHIP MANAGEMENT. WORK-BASED LEARNING PROGRAMS, INCLUDING PAI'S MIDDLE SCHOOL AND HOSPITALITY INITIATIVE, PROVIDE STUDENTS WITH SETS OF SCAFFOLDED REAL-WORLD EXPERIENCES TO FOSTER CAREER EXPOSURE, AWARENESS, PREPARATION AND TRAINING. BRIDGE AND REGISTERED PRE- APPRENTICESHIP PROGRAMS CREATE A CLEAR PATHWAY FROM SCHOOL TO WORK BY PREPARING STUDENTS WITH THE SKILLS NEEDED TO SUCCESSFULLY ENTER THE WORKFORCE, CONTINUE THEIR EDUCATION OR JOIN AN APPRENTICESHIP PROGRAM AFTER GRADUATION. DATA SUPPORTS AND FRESHMAN SUCCESS INITIATIVES FOCUS ON INCREASING THE EFFECTIVENESS OF TEACHERS' USE OF DATA TO SUPPORT STUDENTS, AS WELL AS BUILDING A STRONG 9TH GRADE FOUNDATION TO ENSURE HIGH SCHOOL SUCCESS. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | PRESIDENT & |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | SENIOR GRANT |
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| IRS990/FormationYr | 0 | 1982 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/GamingActivitiesInd | 0 | false |
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| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 470 |
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| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 187131 |
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| IRS990/MinutesOfCommitteesInd | 0 | true |
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| IRS990/MissionDesc | 0 | OUR MISSION IS TO BE AN INNOVATIVE NON-PROFIT ORGANIZATION THAT WORKS WITH STUDENTS, EDUCATORS, AND PARTNERS TO IMPROVE OUTCOMES FOR PHILADELPHIA'S YOUNG PEOPLE. |
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| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1701734 |
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| IRS990/OtherExpensesGrp/Desc | 0 | STUDENT ACTIVITIES |
| IRS990/OtherExpensesGrp/Desc | 1 | COMMUNICATIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | CLASSROOM MATERIALS |
| IRS990/OtherExpensesGrp/Desc | 3 | EQUIPMENT EXPENSES |
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| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2323 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 63532 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 72104 |
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| IRS990/PrincipalOfficerNm | 0 | F CHRISTOPHER GOINS |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE PHILADELPHIA ACADEMIES, INC. HAS FOUR MEMORIAL FUNDS AND ONE ADDITIONAL FUND (FIVE IN TOTAL) FROM WHICH IT AWARDS SCHOLARSHIPS FOR POST-SECONDARY EDUCATION TO GRADUATING SENIORS. THE MEMORIAL FUNDS ARE: THE RICHARD H. DELONE MEMORIAL FUND, THE PETER J. MERLINO ACHIEVEMENT AWARD, THE CLINTON GIBSON MEMORIAL SCHOLARSHIP, THE JUSTIN W. GRIFFITHS MEMORIAL SCHOLARSHIP. IN ADDITION, THE BENJAMIN FRANKLIN SCHOLARSHIP FUND, A FUND ADMINISTERED BY THE PHILADELPHIA FOUNDATION, IS AWARDED TO PAI FOR DISTRIBUTION TO ELIGIBLE STUDENTS/SCHOOLS, THE GOAL OF WHICH IS TO PROVIDE SCHOLARSHIPS AND CLASSROOM RESOURCES TO: -(60% MINIMUM) FOR PAI STUDENTS SEEKING POST-SECONDARY EDUCATION IN THE TRADES, CRAFTS AND APPLIED SCIENCE FIELDS. THE SCHOLARSHIPS WILL ASSIST STUDENTS WHO NEED FINANCIAL AID TO OBTAIN POST-SECONDARY EDUCATION. THE AWARD AMOUNTS VARY PER STUDENT. -(40% MAXIMUM): FOR PAI PROGRAMS TO AUGMENT THEIR TEACHING RESOURCES BY THE PURCHASE OF EQUIPMENT, TEACHING MATERIALS, SPECIAL SUPPLIES, ETC. THAT WOULD ENHANCE THE QUALITY OF EDUCATION THAT THEY ALREADY PROVIDE IN THE TRADES, CRAFTS AND APPLIED SCIENCES. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | TEACHER AND SCHOOL LEADERSHIP SUPPORT AND CAPACITY BUILDING BUILDING THE CAPACITY OF TEACHERS AND ADMINISTRATORS IS KEY TO IMPROVING STUDENT OUTCOMES. OUR MIDDLE SCHOOL SUCCESS NETWORK (MSSN) AND 9TH GRADE SUCCESS NETWORK (9GSN) STRENGTHEN SCHOOLS THROUGH TECHNICAL ASSISTANCE AND PROFESSIONAL DEVELOPMENT FOCUSED ON FOSTERING STUDENT SUCCESS IN CRITICAL TRANSITIONARY GRADE LEVELS. |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
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| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OPERATING LEASE RIGHT-OF-USE ASSET |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 205708 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 133106 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OPERATING LEASE OBLIGATION-NET CURR. |
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