Civic Intelligence

The Neighborhood Academy

EIN 25-1816609 • 501(c)3 • Pittsburgh, PA

Profile

To break the cycle of generational poverty by preparing low-income students for higher education. We commit to a philosophy that includes the practice of civility, disciplined academic work in the humanities and sciences, athletic competition and artistic expression. We are dedicated to developing the minds, bodies and spirits of our students so that they become fully productive members of our society.

709 North Aiken AvenuePittsburgh, PA 15206

www.theneighborhoodacademy.org

Siviq Scores

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

Liabilities / Assets

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.12x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$206,344

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

96th percentile

60%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

115%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$27,358,777

Up $13,608,591 (+99%) from 2021

Liabilities

Down

$1,751,967

Down $118,746 (-6.3%) from 2021

Net Assets

Up

$25,606,810

Up $13,727,337 (+116%) from 2021

Revenue

Up

$15,207,178

Up $9,581,403 (+170%) from 2021

Expenses

Up

$5,783,249

Up $1,968,918 (+52%) from 2021

Net Income

Up

$9,423,929

Up $7,612,485 (+420%) from 2021

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $15,150,578Liabilities 2011: $5,761,017Net Assets 2011: $9,389,5612011Assets 2012: $13,883,681Liabilities 2012: $4,675,588Net Assets 2012: $9,208,0932012Assets 2013: $14,757,432Liabilities 2013: $4,634,524Net Assets 2013: $10,122,9082013Assets 2014: $13,077,179Liabilities 2014: $3,256,418Net Assets 2014: $9,820,7612014Assets 2015: $11,697,503Liabilities 2015: $2,321,361Net Assets 2015: $9,376,1422015Assets 2016: $10,932,439Liabilities 2016: $2,280,884Net Assets 2016: $8,651,5552016Assets 2017: $14,308,917Liabilities 2017: $3,542,698Net Assets 2017: $10,766,2192017Assets 2018: $12,450,028Liabilities 2018: $2,755,939Net Assets 2018: $9,694,0892018Assets 2019: $11,773,902Liabilities 2019: $2,159,136Net Assets 2019: $9,614,7662019Assets 2020: $12,450,802Liabilities 2020: $2,471,392Net Assets 2020: $9,979,4102020Assets 2021: $13,750,186Liabilities 2021: $1,870,713Net Assets 2021: $11,879,4732021Assets 2024: $27,358,777Liabilities 2024: $1,751,967Net Assets 2024: $25,606,8102024

Highlighted filing

2024

Assets$27,358,777
Liabilities$1,751,967
Net Assets$25,606,810

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,448,9342011Expenses 2012: $3,022,9292012Expenses 2013: $2,966,7092013Revenue 2014: $3,086,150Expenses 2014: $3,411,004Net Income 2014: -$324,8542014Revenue 2015: $3,048,284Expenses 2015: $3,425,931Net Income 2015: -$377,6472015Revenue 2016: $2,774,699Expenses 2016: $3,554,590Net Income 2016: -$779,8912016Revenue 2017: $5,634,169Expenses 2017: $3,516,848Net Income 2017: $2,117,3212017Revenue 2018: $2,910,347Expenses 2018: $3,988,608Net Income 2018: -$1,078,2612018Revenue 2019: $4,429,086Expenses 2019: $4,558,212Net Income 2019: -$129,1262019Revenue 2020: $4,342,758Expenses 2020: $4,015,254Net Income 2020: $327,5042020Revenue 2021: $5,625,775Expenses 2021: $3,814,331Net Income 2021: $1,811,4442021Revenue 2024: $15,207,178Expenses 2024: $5,783,249Net Income 2024: $9,423,9292024

Highlighted filing

2024

Revenue$15,207,178
Expenses$5,783,249
Net Income$9,423,929

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.4$1.75$25.6$15.2$5.78$9.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$1.87$11.9$5.63$3.81$1.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$2.47$9.98$4.34$4.02$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$2.16$9.61$4.43$4.56$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$2.76$9.69$2.91$3.99$1.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$3.54$10.8$5.63$3.52$2.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$2.28$8.65$2.77$3.55$0.78
2015Detailed filing. Detailed filing data is available for this year.$11.7$2.32$9.38$3.05$3.43$0.38
2014Detailed filing. Detailed filing data is available for this year.$13.1$3.26$9.82$3.09$3.41$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$4.63$10.1$2.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$4.68$9.21$3.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$5.76$9.39$2.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jun 11, 2025
Return Version
2023v6.0
Gross Receipts
$15,374,611
Mission and Program Overview

Mission

To break the cycle of generational poverty by preparing low-income students for higher education. We commit to a philosophy that includes the practice of civility, disciplined academic work in the humanities and sciences, athletic competition and artistic expression. We are dedicated to developing the minds, bodies and spirits of our students so that they become fully productive members of our society.

Providing education and preparing low-income students for higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,429,371$8,213,318▼ $216,053
Savings and Temporary Cash Investments$2,467,507$7,716,352▲ $5,248,845
Investments in Publicly Traded Securities$3,070,787$5,632,311▲ $2,561,524
Pledges and Grants Receivable$582,304$2,807,693▲ $2,225,389
Investments Other Securities$1,565,062$2,570,510▲ $1,005,448
Cash and Non-Interest-Bearing Accounts$803,001$278,711▼ $524,290
Prepaid Expenses and Deferred Charges$77,563$83,944▲ $6,381
Total Assets$17,071,846$27,358,777▲ $10,286,931
Other Assets Total$76,251$55,938▼ $20,313
Liabilities
Tax Exempt Bond Liabilities$1,540,894$1,449,602▼ $91,292
Accounts Payable and Accrued Expenses$190,928$246,427▲ $55,499
Other Liabilities$76,251$55,938▼ $20,313
Total Liabilities$1,808,073$1,751,967▼ $56,106
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,675,305$14,337,180▲ $1,661,875
Net Assets With Donor Restrictions$2,588,468$11,269,630▲ $8,681,162
Total Net Assets Fund Balance$15,263,773$25,606,810▲ $10,343,037
Total Liabilities and Net Assets / Fund Balance$17,071,846$27,358,777▲ $10,286,931

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,637,908$4,870,033$12,507,941
Equipment$125,410$590,622$716,032
Land$450,000-$450,000
Other Securities$2,570,510--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,622,716$2,435,258▲ $1,060,225$30,357$5,087,842
2022$1,159,774$100▲ $484,758$21,917$1,622,716
2021$1,065,264$200,355▼ $99,355$6,490$1,159,774
2020$977,856$450▲ $93,678$6,720$1,065,264
2019$923,333$2,150▲ $58,906$6,533$977,856
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony WilliamsHead of SchoFT$189,656$16,688$206,344
Anthony WilliamsHead of School-$185,156$21,188$206,344
Brent JerniganAsst. Head OFT$148,028$14,413$162,441
Brent JerniganAsst. Head of School-$132,808$29,633$162,441
Carolyn SanfordAsst. Head OFT$111,920$6,715$118,635
Barbara HallBusiness ManFT$107,399$6,983$114,382

Board Members and Trustees

NameTitle
H Edwin HallerChairman
Robert DapperVice Chairma
Annie WestbrookBoard Member
Blair WilliamBoard Member
Chris RandallBoard Member
D Bryant MitchellBoard Member
Douglas HollamanBoard Member
Edmond WattersBoard Member
Joseph MchughBoard Member
Joseph WilsonBoard Member
Kirsten AlbertBoard Member
Madelyn ToliverBoard Member
Micah ArnoldBoard Member
Sara BaskoBoard Member
Stephen LackeyBoard Member
William BensurBoard Member
Anissa GilbertBoard Secret
Revenue and Support

Revenue Composition

Contributions and Grants
$14,550,777
Program Service Revenue
$209,785
Investment Income
$417,736
Other Revenue
$28,880
All Other Contributions
$14,200,709
Change in Net Assets
$9,423,929

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$27,112Fair Market Value
Total Noncash Contributions1$27,112-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,176,821
Revenue Not Reported on Financial Statements
$30,357
Revenue Not Reported on Form 990
$985,997
Total Revenue per Audited Statements
$16,162,818
Total Revenue per Form 990
$15,207,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,366,129
Other Expenses$2,283,389
Total Fundraising Expense$1,016,821
Professional Fundraising Fees$133,731
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,164,582$4,686$352,523$2,521,791
Depreciation Depletion$442,759$3,324$8,955$455,038
Current Officers, Directors, Trustees, and Key Employees$41,361$138,163$144,762$324,286
Occupancy$295,433$1,284$2,878$299,595
All Other Expenses$217,308$20,195$56,478$293,981
Other Employee Benefits$191,495$7,634$33,922$233,051
Payroll Taxes$161,375$9,816$31,807$202,998
Fees for Services Professional Fundraising--$133,731$133,731
Other Expenses$109,047$88,524$9,511$109,047
Pension Plan Contributions$76,450-$7,553$84,003
Interest$82,334$358$802$83,494
Information Technology$52,161$8,186$20,387$80,734
Travel$58,382$8,018$1,975$68,375
Insurance$59,166$257$576$59,999
Fees for Service Investment Mgmnt Fees-$30,357-$30,357
Office Expenses$2,564$156$2,692$5,412
Total Functional Expenses$4,445,470$320,958$1,016,821$5,783,249

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,819,781
Total Expenses per Form 990$5,783,249
Expenses per Audited Statements$5,752,892
Expenses Not Reported on Form 990$66,889
Expenses Not Reported on Financial Statements$30,357
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$167,433
Professional Fundraising Fees$133,731
Fundraising Gross Income$82,666

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Duquesne Club$82,060$44,860-$44,860
Other Event$27,996$27,996-$27,996
Total Events$135,366$82,666$167,433$-84,767
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Rsu$55,938

Bond Issues

BondIssuerIssuedIssue PricePurpose
AAllegheny County Industrial Develop2014-02-07$2,300,000To pay off the series 2011 bond

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,300,000$2,236,000$850,398$64,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 form 990 is first reviewed by the organization's financial management, then by the board's audit committee. A complete copy of the return will be made available to the board at its next meeting.

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

The board of directors have adopted a code of ethics (code). The purpose of the code is to assist directors with fulfilling their duties of due care and loyalty to the neighborhood academy and its stakeholders. Directors must disclose promptly to the chair of the governance committee any situation that involves, or may reasonably be expected to involve, a conflict of interest. If a conflict cannot be reasonably resolved to the satisfaction of the chair of the governance committee, then the involved director(s) should recuse himself or herself and not participate in the discussion and voting on any matter presented at a board or board committee meeting related to the conflict of interest. If a conflict of interest exists that cannot be resolved, the involved director is expected to tender his or her resignation to the chairman of the board for consideration by the governance committee of the continued appropriateness of board service. The code also requires directors to protect and ensure the efficient use of the organization's assets.

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

The board personnel committee is involved in the determination of the compensation and benefits during executive sessions at appropriate board meetings. The head of school and president are not present at these meetings nor do they have any voting rights.

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

The board personnel committee is involved in the determination of the compensation and benefits during executive sessions at appropriate board meetings. The head of school and president are not present at these meetings nor do they have any voting rights.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request in written format or through data files.

Filing and Contact Details

Filer

Filer Name
The Neighborhood Academy
EIN
25-1816609
Phone
4123220290
Address
709 NORTH AIKEN AVENUE, PITTSBURGH, PA 15206

Signing Officer

Name
Anthony Williams
Title
Head of School
Phone
4123622001
Signed
2025-06-11

Organization Details

Principal Officer
Anthony Williams
Formed
1998
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
61
Volunteers
23

Preparer

Firm
Zelenkofske Axelrod LLC
Address
210 TOLLGATE HILL ROAD, GREENSBURG, PA 15601
Preparer
Jared C Ewing
Phone
7248342151
Supplemental Narrative

Additional Explanations

Form 990, Part III

Line 1 briefly describe the organization's mission (continued) humanities and sciences, athletic competition and artistic expression. We are dedicated to developing the minds, bodies and spirits of our students so that they become fully productive members of our society. Line 4a - first program service accomplishment (continued) in which to study and complete assignments can weigh heavily on young people and make it impossible for them to give school work the attention it requires. The neighborhood academy has designed a comprehensive program that encourages urban, low-income students to focus their energy on personal development and academic success. We meet a wide range of their daily needs with: -a college-preparatory curriculum -an extended school day starting at 8:00am and ending at 5:30pm -small classes, with ten or fewer students per teacher -three meals and a snack per day -transportation to and from school provided via public transit (morning) and chartered vans (evening), also use public school busing. -a required six-week summer session -individual and group counseling for students and families -a focus on reading, writing, the sciences and math, with an emphasis on critical thinking and ethical reflection throughout the curriculum -varsity athletics -extensive arts programming that includes work in the visual arts, drama, dance and music -a network of community partnerships that expose our students to community service opportunities as well as local cultural and civic events -continuous exposure to the college experience - all students visit college campuses and learn to navigate the college application process -preparation for college entrance exams (psats and sats) -graduate support through college and beyond the neighborhood academy has graduated sixteen classes of seniors and has maintained a 100% college acceptance rate. In the spring of 2009, members of the neighborhood academy class of 2005 became college graduates - the first in their families. All students enrolled at the neighborhood academy are eligible for and receive tuition discounts. These discounts are subsidized by generous contributions from the academy's donors. The tuition discount level is determined utilizing a needs-based scale based on income.

Form 990, Part XI, Line 9

Volunteer tuition credit 66,889 fundraising expenses netted with revenues on 990 0 volunteer tuition credit -66,889 fundraising expenses netted with revenues on 990 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The academy's endowment consists of donor-restricted investment funds established for perpetual support of the organization's mission. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board of directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.

Schedule D, Page 3, Part X

The academy is exempt from federal income tax under section 501(c)(3) of the internal revenue code and is classified as an organization that is not a private foundation. Accordingly, no provision for income taxes is recorded in the financial statements. Management has analyzed the tax positions taken by the academy, has concluded that as of august 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. There were no interest and penalties recognized in the statements of activities and changes in net assets for the years ended august 31, 2024 and 2023. Management believes the that the academy is no longer subject to income tax examinations for years prior to 2020.

Schedule D, Page 4, Part XI, Line 2D

Volunteer tuition credit 66,889

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

Fundraising expenses netted with revenues on 990 0

Schedule D, Page 4, Part XII, Line 2D

Volunteer tuition credit 66,889

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

Fundraising expenses netted with revenues on 990 0

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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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