Civic Intelligence

Philadelphia Academies Inc

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.

1500 Jfk Blvd Suite 312Philadelphia, PA 19102

www.academiesinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.30x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

35th percentile

-1.5%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

33rd percentile

-1.5%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

68th percentile

19%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

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

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,279,348Liabilities 2011: $304,296Net Assets 2011: $975,0522011Assets 2012: $1,440,749Liabilities 2012: $364,602Net Assets 2012: $1,076,1472012Assets 2013: $3,025,100Liabilities 2013: $416,064Net Assets 2013: $2,609,0362013Assets 2014: $2,888,456Liabilities 2014: $291,338Net Assets 2014: $2,597,1182014Assets 2015: $2,172,201Liabilities 2015: $452,158Net Assets 2015: $1,720,0432015Assets 2016: $2,048,838Liabilities 2016: $420,714Net Assets 2016: $1,628,1242016Assets 2017: $1,046,013Liabilities 2017: $335,893Net Assets 2017: $710,1202017Assets 2018: $679,161Liabilities 2018: $284,355Net Assets 2018: $394,8062018Assets 2019: $657,130Liabilities 2019: $396,837Net Assets 2019: $260,2932019Assets 2020: $852,832Liabilities 2020: $749,076Net Assets 2020: $103,7562020Assets 2021: $918,811Liabilities 2021: $394,531Net Assets 2021: $524,2802021Assets 2022: $1,578,698Liabilities 2022: $331,342Net Assets 2022: $1,247,3562022Assets 2023: $2,686,445Liabilities 2023: $876,237Net Assets 2023: $1,810,2082023Assets 2024: $2,479,813Liabilities 2024: $756,505Net Assets 2024: $1,723,3082024Assets 2025: $2,441,786Liabilities 2025: $740,052Net Assets 2025: $1,701,7342025

Highlighted filing

2025

Assets$2,441,786
Liabilities$740,052
Net Assets$1,701,734

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $3,410,909Expenses 2011: $3,427,021Net Income 2011: -$16,1122011Expenses 2012: $3,265,4112012Expenses 2013: $3,551,0042013Revenue 2014: $3,249,055Expenses 2014: $3,260,973Net Income 2014: -$11,9182014Revenue 2015: $2,497,705Expenses 2015: $3,374,780Net Income 2015: -$877,0752015Revenue 2016: $3,078,564Expenses 2016: $3,170,483Net Income 2016: -$91,9192016Revenue 2017: $1,492,666Expenses 2017: $2,410,670Net Income 2017: -$918,0042017Revenue 2018: $1,677,674Expenses 2018: $1,992,988Net Income 2018: -$315,3142018Revenue 2019: $1,813,400Expenses 2019: $1,947,913Net Income 2019: -$134,5132019Revenue 2020: $1,565,615Expenses 2020: $1,722,152Net Income 2020: -$156,5372020Revenue 2021: $1,912,059Expenses 2021: $1,491,538Net Income 2021: $420,5212021Revenue 2022: $2,820,169Expenses 2022: $2,097,093Net Income 2022: $723,0762022Revenue 2023: $3,017,410Expenses 2023: $2,458,397Net Income 2023: $559,0132023Revenue 2024: $2,940,025Expenses 2024: $3,024,919Net Income 2024: -$84,8942024Revenue 2025: $3,512,012Expenses 2025: $3,563,285Net Income 2025: -$51,2732025

Highlighted filing

2025

Revenue$3,512,012
Expenses$3,563,285
Net Income-$51,273

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.44$0.74$1.70$3.51$3.56$0.05
2024Detailed filing. Detailed filing data is available for this year.$2.48$0.76$1.72$2.94$3.02$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.69$0.88$1.81$3.02$2.46$0.56
2022Detailed filing. Detailed filing data is available for this year.$1.58$0.33$1.25$2.82$2.10$0.72
2021Detailed filing. Detailed filing data is available for this year.$0.92$0.39$0.52$1.91$1.49$0.42
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.75$0.10$1.57$1.72$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.40$0.26$1.81$1.95$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.28$0.39$1.68$1.99$0.32
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.34$0.71$1.49$2.41$0.92
2016Detailed filing. Detailed filing data is available for this year.$2.05$0.42$1.63$3.08$3.17$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.17$0.45$1.72$2.50$3.37$0.88
2014Detailed filing. Detailed filing data is available for this year.$2.89$0.29$2.60$3.25$3.26$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.42$2.61$3.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.36$1.08$3.27
2011Summary only. Only limited summary data is available for this year.$1.28$0.30$0.98$3.41$3.43$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 8, 2025
Return Version
2024v5.0
Gross Receipts
$3,563,800
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Other Assets Org$332,733--
Other Securities$150,053--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
F Christopher GoinsPresident &FT$150,162$16,294$166,456
F Christopher GoinsPresident & CEO-$150,162$16,294$166,456
Revenue and Support

Revenue Composition

Contributions and Grants
$3,493,894
Program Service Revenue
$0
Investment Income
$18,118
Other Revenue
$0
All Other Contributions
$592,189
Change in Net Assets
$-51,273

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,512,012
Revenue Not Reported on Form 990
$21,135
Total Revenue per Audited Statements
$3,533,147
Total Revenue per Form 990
$3,512,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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

Audited Expense Reconciliation

Line ItemAmount
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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$51,788
Fundraising Gross Income$51,788
Professional Fundraising Fees$31,110

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$220,525$51,788$5,840$45,948
Total Events$220,525$51,788$51,788-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligation-net Curr.$205,708
Current- Operating Lease Obligation$133,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

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.

Form 990, Page 6, Part VI, Line 12C

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.

Form 990, Page 6, Part VI, Line 15A

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.

Form 990, Page 6, Part VI, Line 15B

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.

Form 990, Page 6, Part VI, Line 19

Philadelphia academies, inc. Makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Philadelphia Academies Inc
EIN
22-2442433
Phone
2155466300
Address
1500 JFK BLVD SUITE 312, PHILADELPHIA, PA 19102

Signing Officer

Name
Jenna Rubendall
Title
Senior Grants Accoun
Phone
2155466300
Signed
2025-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Christopher Goins
Formed
1982
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
32
Volunteers
110

Preparer

Firm
Brinker Simpson & Company LLC
Address
1400 N PROVIDENCE RD BLDG 2 STE 20, MEDIA, PA 19063
Preparer
Linda a Scafiro CPA
Phone
6105445900
Supplemental Narrative

Additional Explanations

Form 990

Part i question 1 all in support of students success and career/postsecondary readiness.

Form 990, Page 2, Part III, Line 4A

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.

Form 990, Page 2, Part III, Line 4B

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.

Form 990, Part XI, Line 9

Imputed interest on operating lease 8,564

Financial Statement Notes

Schedule D, Page 3, Part X

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.

Schedule D, Page 4, Part XII, Line 4B

Imputed interest on operating lease 8,564

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IRS990/MissionDesc0OUR 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/ProgSrvcAccomActy2Grp/Desc0THE 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/Desc0TEACHER 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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