Civic Intelligence

Phoenix Collegiate Academy Inc

EIN 90-0364347 • 501(c)3 • Tempe, AZ

Profile

Phoenix Collegiate Academy is a charter school that prepares predominantly low-income 4th through 12th grade students to succeed in college and be leaders of the community.

PO Box 877304Tempe, AZ 85287

www.phxca.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $10,013,724 (-100%) from 2018

Liabilities

Down

$0

Down $6,708,914 (-100%) from 2018

Net Assets

Down

$0

Down $3,304,810 (-100%) from 2018

Revenue

Down

$0

Down $5,077,991 (-100%) from 2018

Expenses

Down

$0

Down $4,673,894 (-100%) from 2018

Net Income

Down

$0

Down $404,097 (-100%) from 2018

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $566,302Liabilities 2010: $362,806Net Assets 2010: $203,4962010Assets 2011: $2,222,297Liabilities 2011: $1,767,554Net Assets 2011: $454,7432011Assets 2012: $2,685,969Liabilities 2012: $1,768,162Net Assets 2012: $917,8072012Assets 2013: $6,318,698Liabilities 2013: $5,574,901Net Assets 2013: $743,7972013Assets 2014: $6,840,605Liabilities 2014: $5,700,592Net Assets 2014: $1,140,0132014Assets 2015: $7,783,142Liabilities 2015: $5,782,942Net Assets 2015: $2,000,2002015Assets 2016: $9,895,614Liabilities 2016: $7,145,760Net Assets 2016: $2,749,8542016Assets 2017: $9,660,886Liabilities 2017: $6,760,173Net Assets 2017: $2,900,7132017Assets 2018: $10,013,724Liabilities 2018: $6,708,914Net Assets 2018: $3,304,8102018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $572,2412010Expenses 2011: $1,137,1772011Expenses 2012: $1,843,3642012Revenue 2013: $2,632,646Expenses 2013: $2,806,656Net Income 2013: -$174,0102013Revenue 2014: $4,151,263Expenses 2014: $3,755,047Net Income 2014: $396,2162014Revenue 2015: $4,917,172Expenses 2015: $4,057,277Net Income 2015: $859,8952015Revenue 2016: $5,657,872Expenses 2016: $4,908,063Net Income 2016: $749,8092016Revenue 2017: $5,103,511Expenses 2017: $4,952,652Net Income 2017: $150,8592017Revenue 2018: $5,077,991Expenses 2018: $4,673,894Net Income 2018: $404,0972018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019

Highlighted filing

2019

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$0
Mission and Program Overview

Mission

Phoenix collegiate academy is a charter school that prepares predominantly low-income kindergarten through 12th grade students to succeed in college and be leaders in the community. It is our vision that all students are supported by a dedicated staff (con't on sch o) that works according to our core values (student empowerment, drive, disciplined thought, team mindset) to ensure students make progress each day toward our mission. Alumni have successfully graduated from 4-year colleges and universities and show community leadership in their actions.

Phoenix collegiate academy was a charter school that prepares predominantly (con't on sch o) low-income kindergarten through 12th grade students to succeed in college and be leaders in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,506,839--
Cash and Non-Interest-Bearing Accounts$2,049,268--
Savings and Temporary Cash Investments$1,461,604--
Pledges and Grants Receivable$533,124--
Prepaid Expenses and Deferred Charges$7,614--
Total Assets$10,013,724$0▼ $10,013,724
Other Assets Total$455,275--
Liabilities
Tax Exempt Bond Liabilities$4,851,553--
Mortgage Notes Payable Secured by Investment Property$1,350,366--
Deferred Revenue$403,756--
Accounts Payable and Accrued Expenses$103,239--
Total Liabilities$6,708,914$0▼ $6,708,914
Net Assets / Fund Balance
Unrestricted Net Assets$3,222,324--
Temporarily Rstr Net Assets$82,486--
Total Net Assets Fund Balance$3,304,810$0▼ $3,304,810
Total Liabilities and Net Assets / Fund Balance$10,013,724$0▼ $10,013,724
Compensation and Service Providers

Board Members and Trustees

NameTitle
Julie YoungManaging Director
John KemperFinancial of
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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 will be received by the organization's chief executive director and chair of the financial subcommittee prior to filing the return

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

The conflict of interest policy is regularly reviewed by the boards

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

Compensation of the organization's top management official is received and approved by the board. Comparability data was used in determining the compensation of the organizations top management official.

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

Compensation of the organization's top management official is received and approved by the board. Comparability data was used in determining the compensation of the organizations top management official.

Form 990, Page 6, Part VI, Line 19

The governing documents, policies, and financial statements are provided to the public upon request.

Filing and Contact Details

Filer

Filer Name
Phoenix Collegiate Academy Inc
EIN
90-0364347
Phone
6024963322
Address
PO BOX 877304, TEMPE, AZ 85287

Signing Officer

Name
John Kemper
Title
Financial Officer
Phone
6022689900
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Young
Formed
2007
Legal Domicile
Az
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Phoenix collegiate academy is a charter school that prepares predominantly low-income kindergarten through 12th grade students to succeed in college and be leaders in the community. It is our vision that all students are supported by a dedicated staff (con't on sch o) that works according to our core values (student empowerment, drive, disciplined thought, team mindset) to ensure students make progress each day toward our mission. Alumni have successfully graduated from 4-year colleges and universities and show community leadership in their actions.

Form 990, Part XI, Line 9

Transfer of net assets -3,304,810 effective july 1, 2018, asu preparatory academy, inc., an arizona charter school, acquired the net assets of phoenix collegiate academy, inc.

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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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL STAFF INVOLVED IN RECRUITMENT KNOW THE POLICY AND STATE IT TO INTERESTED PARENTS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION IS NOT REQUIRED TO COMPLY WITH THE REQUIREMENTS OF REC PROC 75-50, WHICH PROVIDES GUIDELINES AND RECORDKEEPING REQUIREMENTS FOR PRIVATE SCHOOLS. AS A MATTER OF POLICY, PHOENIX COLLEGIATE ACADEMY ADMITS STUDENTS OF ANY COLOR, NATIONAL AND ETHNIC ORIGIN, GENDER, RELIGION OR DISABILITY TO ALL THE RIGHTS AND PRIVILEGES, PROGRAMS AND ACTIVITIES MADE AVAILABLE TO STUDENTS AT THE SCHOOLS. THE SCHOOL DOSE NOT AWARD SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES REVENUE FROM THE FEDERAL AND STATE GOVERNMENTS TO PROVIDE EXCELLENT, COLLEGE-PREPARATORY PROGRAMS AND FROM THE STATE OF ARIZONA FOR THE STATE EQUALIZATION ASSISTANCE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PHOENIX COLLEGIATE ACADEMY IS A CHARTER SCHOOL THAT PREPARES PREDOMINANTLY LOW-INCOME KINDERGARTEN THROUGH 12TH GRADE STUDENTS TO SUCCEED IN COLLEGE AND BE LEADERS IN THE COMMUNITY. IT IS OUR VISION THAT ALL STUDENTS ARE SUPPORTED BY A DEDICATED STAFF (CON'T ON SCH O) THAT WORKS ACCORDING TO OUR CORE VALUES (STUDENT EMPOWERMENT, DRIVE, DISCIPLINED THOUGHT, TEAM MINDSET) TO ENSURE STUDENTS MAKE PROGRESS EACH DAY TOWARD OUR MISSION. ALUMNI HAVE SUCCESSFULLY GRADUATED FROM 4-YEAR COLLEGES AND UNIVERSITIES AND SHOW COMMUNITY LEADERSHIP IN THEIR ACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE RECEIVED BY THE ORGANIZATION'S CHIEF EXECUTIVE DIRECTOR AND CHAIR OF THE FINANCIAL SUBCOMMITTEE PRIOR TO FILING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REGULARLY REVIEWED BY THE BOARDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS RECEIVED AND APPROVED BY THE BOARD. COMPARABILITY DATA WAS USED IN DETERMINING THE COMPENSATION OF THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS RECEIVED AND APPROVED BY THE BOARD. COMPARABILITY DATA WAS USED IN DETERMINING THE COMPENSATION OF THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFER OF NET ASSETS -3,304,810 EFFECTIVE JULY 1, 2018, ASU PREPARATORY ACADEMY, INC., AN ARIZONA CHARTER SCHOOL, ACQUIRED THE NET ASSETS OF PHOENIX COLLEGIATE ACADEMY, INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1PHX COLLEGIATE ACADEMY HIGH LLC
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN KEMPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL OFFICER
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ReturnHeader/FilingSecurityInformation/IPTm015:30:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821455657
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FESTER & CHAPMAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09019 E BAHIA DR STE 100
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RACHEL R LOCKE CPA
ReturnHeader/ReturnTs02020-07-15T10:04:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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