Civic Intelligence

Phoenix Academy Inc.

990 • Fiscal year 2016 • EIN 56-2059485

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 08, 2016

Organization ProfileWWW.PAHP.COM
4020 Meeting WayHigh Point, NC 27265

(336) 869-0079

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.11x

Higher debt load relative to assets than 33% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

12th percentile

0.02x

Higher debt load relative to revenue than 12% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Net Margin

17th percentile

-5.5%

Higher net margin than 17% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Asset Growth

4th percentile

-29%

Faster asset growth than 4% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

20%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$1,098,934

Down $446,902 (-29%) from 2015

Net Assets

Down

$974,533

Down $455,975 (-32%) from 2015

Liabilities

Up

$124,401

Up $9,073 (+7.9%) from 2015

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin17th percentile

Revenue

Up

$8,263,821

Up $1,369,900 (+20%) from 2015

Expenses

Up

$8,719,796

Up $2,185,402 (+33%) from 2015

Net Income

Down

-$455,975

Down $815,502 (-227%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,257,463Liabilities 2010: $3,212Net Assets 2010: $1,254,2512010Assets 2011: $1,298,733Liabilities 2011: $3,796Net Assets 2011: $1,294,9372011Assets 2012: $1,532,447Liabilities 2012: $73,221Net Assets 2012: $1,459,2262012Assets 2013: $1,167,808Liabilities 2013: $39,598Net Assets 2013: $1,128,2102013Assets 2014: $1,304,395Liabilities 2014: $133,493Net Assets 2014: $1,170,9022014Assets 2015: $1,545,836Liabilities 2015: $115,328Net Assets 2015: $1,430,5082015Assets 2016: $1,098,934Liabilities 2016: $124,401Net Assets 2016: $974,5332016Assets 2017: $1,327,978Liabilities 2017: $230,497Net Assets 2017: $1,097,4812017Assets 2018: $996,570Liabilities 2018: $93,023Net Assets 2018: $903,5472018Assets 2019: $783,038Liabilities 2019: $110,898Net Assets 2019: $672,1402019Assets 2020: $1,856,942Liabilities 2020: $805,617Net Assets 2020: $1,051,3252020Assets 2021: $3,025,069Liabilities 2021: $1,047,573Net Assets 2021: $1,977,4962021Assets 2022: $3,440,830Liabilities 2022: $491,461Net Assets 2022: $2,949,3692022Assets 2023: $6,215,013Liabilities 2023: $3,136,208Net Assets 2023: $3,078,8052023Assets 2024: $7,552,075Liabilities 2024: $4,243,628Net Assets 2024: $3,308,4472024

Highlighted filing

2016

Assets$1,098,934
Liabilities$124,401
Net Assets$974,533
Open 2016 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,385,7312010Expenses 2011: $2,229,3882011Revenue 2012: $2,471,031Expenses 2012: $2,306,742Net Income 2012: $164,2892012Expenses 2013: $2,696,5112013Revenue 2014: $4,862,964Expenses 2014: $4,820,272Net Income 2014: $42,6922014Revenue 2015: $6,893,921Expenses 2015: $6,534,394Net Income 2015: $359,5272015Revenue 2016: $8,263,821Expenses 2016: $8,719,796Net Income 2016: -$455,9752016Revenue 2017: $9,639,824Expenses 2017: $9,544,921Net Income 2017: $94,9032017Revenue 2018: $8,230,976Expenses 2018: $8,424,909Net Income 2018: -$193,9332018Revenue 2019: $8,032,008Expenses 2019: $8,263,415Net Income 2019: -$231,4072019Revenue 2020: $9,140,427Expenses 2020: $8,761,242Net Income 2020: $379,1852020Revenue 2021: $10,364,069Expenses 2021: $9,437,898Net Income 2021: $926,1712021Revenue 2022: $12,117,600Expenses 2022: $11,145,727Net Income 2022: $971,8732022Revenue 2023: $13,683,872Expenses 2023: $13,554,436Net Income 2023: $129,4362023Revenue 2024: $16,414,577Expenses 2024: $16,184,935Net Income 2024: $229,6422024

Highlighted filing

2016

Revenue$8,263,821
Expenses$8,719,796
Net Income-$455,975
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 8, 2016
Return Version
2015v3.0
Gross Receipts
$8,314,996
Mission and Program Overview

Mission

Phoenix academy is a non-profit charter school providing education to children from kindergarten through 12th grade. Its mission is to educate and encourage students to become active, compassionate, lifelong learners who respect others and their differences.

Phoenix academy is a non-profit, charter school providing education to children grades kindergarden through 5th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$744,814$560,131▼ $184,683
Land, Buildings, and Equipment, Net$377,047$333,564▼ $43,483
Prepaid Expenses and Deferred Charges$103,186$191,475▲ $88,289
Accounts Receivable$320,789$13,764▼ $307,025
Total Assets$1,545,836$1,098,934▼ $446,902
Liabilities
Accounts Payable and Accrued Expenses$115,328$124,401▲ $9,073
Total Liabilities$115,328$124,401▲ $9,073
Net Assets / Fund Balance
Unrestricted Net Assets$1,430,508$974,533▼ $455,975
Total Net Assets Fund Balance$1,430,508$974,533▼ $455,975
Total Liabilities and Net Assets / Fund Balance$1,545,836$1,098,934▼ $446,902

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,685$323,764$373,449
Leasehold Improvements$152,511$87,886$240,397
Other Land Buildings$131,368$98,208$229,576
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Perry FlynnChairman
Joel M PalmaBoard Member
John F PhillipsBoard Member
Kenneth KopfBoard Member
Terry GreenDirector
Charles a AltSecretary
Chris SwadenerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,022,232
Program Service Revenue
$5,315
Investment Income
$0
Other Revenue
$236,274
All Other Contributions
$5,991
Change in Net Assets
$-455,975

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,263,821
Revenue Not Reported on Form 990
$51,175
Total Revenue per Audited Statements
$8,314,996
Total Revenue per Form 990
$8,263,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,947,610
Salaries, Compensation, and Employee Benefits$3,772,186
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,090,030--$3,090,030
Other Employee Benefits$419,255--$419,255
Payroll Taxes$262,901--$262,901
Depreciation Depletion$89,894--$89,894
Other Expenses$67,718$3,810,552-$67,718
Interest-$2,372-$2,372
Total Functional Expenses$4,906,872$3,812,924$0$8,719,796

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,770,971
Expenses per Audited Statements$8,719,796
Total Expenses per Form 990$8,719,796
Expenses Not Reported on Form 990$51,175
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$240,682
Fundraising Direct Expenses$51,175
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Food Events$133,693$133,693-$133,693
Cookie Dough$33,716$33,716$20,380$13,336
Total Events$167,409$167,409$20,380$147,029
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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 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 board of directors and the principal will review the form 990 before filing.”

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

“Each board member is obligated to consider and disclose any private, personal, or business interest that may significantly affect the board members actions on a matter before the board.”

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

“Reasonable compensation is determined through comparason of compensation for similar services with other non- profit organizations and through compensation surveys. All compensation must be approved by the board.”

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

“Reasonable compensation is determined through comparison of compensation for similar services with other non- profit organizations and through compensation surveys. All compensation must be approved by the board.”

Form 990, Page 6, Part VI, Line 19

“All information is available on site by request and available through foundational websites or non-profit websites via the internet.”

Filing and Contact Details

Filer

Filer Name
Phoenix Academy Inc
EIN
56-2059485
Phone
3368690079
Address
4020 MEETING WAY, HIGH POINT, NC 27265

Signing Officer

Name
Perry Flynn
Title
Chairman
Phone
3368690079
Signed
2016-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Perry Flynn
Formed
1999
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
124
Volunteers
153

Preparer

Firm
Rives & Associates Llp
Address
4515 FALLS OF NEUSE ROAD SUITE 450, RALEIGH, NC 27609
Preparer
Thomas B Cornwell CPA
Phone
9198326848
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Fundraising 51,175 fundraising expenses -51,175”

Financial Statement Notes

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

“FUNDRAISING 51,175”

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

“Fundraising expenses 51,175”

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 51,175
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0333564
IRS990ScheduleD/TotalExpensesPerForm990Amt08719796
IRS990ScheduleD/TotalRevenuePerForm990Amt08263821
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08314996
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08770971
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0false
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PHOENIX ACADEMY IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578. THEREFORE, SCHEDULE IS NOT APPLICABLE. THE APPLICATION AND ADMISSION PROCESS IS OUTLINED ON THE WWW.PAHP.COM WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PHOENIX ACADEMY IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578. THEREFORE, SCHEDULE E IS NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2PHOENIX ACADEMY IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578. THEREFORE, SCHEDULE IS IS NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3PHOENIX ACADEMY IS ORGANIZED AS A PUBLIC CHARTER SCHOOL UNDER NORTH CAROLINA GENERAL STATUTE 115C-238 29A. ACCORDINGLY, IT RECEIVED BOTH FEDERAL AND STATE FUNDING AS ITS PRIMARY MEANS OF SUPPORT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 5
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020380
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOOD EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0COOKIE DOUGH
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0133693
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt033716
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0167409
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0133693
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt033716
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0167409
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0147029
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020380
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt020380
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt014
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS AND THE PRINCIPAL WILL REVIEW THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS OBLIGATED TO CONSIDER AND DISCLOSE ANY PRIVATE, PERSONAL, OR BUSINESS INTEREST THAT MAY SIGNIFICANTLY AFFECT THE BOARD MEMBERS ACTIONS ON A MATTER BEFORE THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REASONABLE COMPENSATION IS DETERMINED THROUGH COMPARASON OF COMPENSATION FOR SIMILAR SERVICES WITH OTHER NON- PROFIT ORGANIZATIONS AND THROUGH COMPENSATION SURVEYS. ALL COMPENSATION MUST BE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REASONABLE COMPENSATION IS DETERMINED THROUGH COMPARISON OF COMPENSATION FOR SIMILAR SERVICES WITH OTHER NON- PROFIT ORGANIZATIONS AND THROUGH COMPENSATION SURVEYS. ALL COMPENSATION MUST BE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION IS AVAILABLE ON SITE BY REQUEST AND AVAILABLE THROUGH FOUNDATIONAL WEBSITES OR NON-PROFIT WEBSITES VIA THE INTERNET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FUNDRAISING 51,175 FUNDRAISING EXPENSES -51,175
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PHOENIX ACADEMY FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17 DEGREES OF CHANGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0611705253
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04020 MEETING WAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11109 FOREST HILL DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HIGH POINT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1HIGH POINT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027265
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd127262
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01576424
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11421610
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1PERCENTAGE OF GROSS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PHOENIX ACADEMY FOUNDATION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt17 DEGREES OF CHANGE FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1M
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01545836
IRS990/TotalAssetsEOYAmt01098934
IRS990/TotalAssetsGrp/BOYAmt01545836
IRS990/TotalAssetsGrp/EOYAmt01098934
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08022232
IRS990/TotalEmployeeCnt0124
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03812924
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04906872
IRS990/TotalFunctionalExpensesGrp/TotalAmt08719796
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0115328
IRS990/TotalLiabilitiesEOYAmt0124401
IRS990/TotalLiabilitiesGrp/BOYAmt0115328
IRS990/TotalLiabilitiesGrp/EOYAmt0124401
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01430508
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0974533
IRS990/TotalProgramServiceExpensesAmt04906872
IRS990/TotalProgramServiceRevenueAmt05315
IRS990/TotalRevenueGrp/ExclusionAmt0189507
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt052082
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08263821
IRS990/TotalVolunteersCnt0153
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01545836
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01098934
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01430508
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0974533
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04020 MEETING WAY
IRS990/USAddress/CityNm0HIGH POINT
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027265
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PAHP.COM

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,098,934
Liabilities
$124,401
Net assets
$974,533
Revenue
$8,263,821
Expenses
$8,719,796
Net income
-$455,975
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.55$4.24$3.31$16.4$16.2$0.23
2023Detailed filing. Detailed filing data is available for this year.$6.22$3.14$3.08$13.7$13.6$0.13
2022Detailed filing. Detailed filing data is available for this year.$3.44$0.49$2.95$12.1$11.1$0.97
2021Detailed filing. Detailed filing data is available for this year.$3.03$1.05$1.98$10.4$9.44$0.93
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.81$1.05$9.14$8.76$0.38
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.11$0.67$8.03$8.26$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.00$0.09$0.90$8.23$8.42$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.23$1.10$9.64$9.54$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.10$0.12$0.97$8.26$8.72$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.12$1.43$6.89$6.53$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.13$1.17$4.86$4.82$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.04$1.13$2.70
2012Summary only. Only limited summary data is available for this year.$1.53$0.07$1.46$2.47$2.31$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.00$1.29$2.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.00$1.25$2.39