The Philadelphia Academies Inc is located in Philadelphia, PA. The organization was established in 1983. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 06/2022, Philadelphia Academies Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Academies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Philadelphia Academies Inc generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER CONNECTED LEARNING PHILADELPHIA ACADEMIES, INC.(PAI) HAS A NUMBER OF INITIATIVES HOUSED UNDER OUR CAREER-CONNECTED PROGRAMS. PAI SUPPORTS SCHOOLS IMPLEMENTING THE CAREER ACADEMY MODEL, AN APPROACH THAT SCHEDULES STUDENTS AND TEACHERS IN SMALL LEARNING COMMUNITIES AROUND A SPECIFIC CAREER PATHWAY. PAI SUPPORTS 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 HOSPITALITY INITIATIVE, PROVIDE STUDENTS WITH SETS OF SCAFFOLDED REAL-WORLD EXPERIENCES TO FOSTER CAREER EXPOSURE, AWARENESS, PREPARATION AND TRAINING. BRIDGE PROGRAMMING CREATES A BRIDGE 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 THROUGH FRESHMAN ACADEMIES TO ENSURE HIGH SCHOOL SUCCESS.
SCHOLARSHIPS & CLASSROOM RESOURCES THE PHILADELPHIA ACADEMIES, INC. HAS FIVE FUNDS FROM WHICH IT AWARDS SCHOLARSHIPS FOR POST-SECONDARY EDUCATION TO GRADUATING SENIORS. THE RICHARD H. DELONE MEMORIAL FUND WAS ESTABLISHED IN HONOR OF RICHARD H.DELONE, WHO DEVOTED HIS LIFE TO IMPROVING PUBLIC EDUCATION IN PHILADELPHIA AND THE NATION THROUGH ADVOCACY,CONSULTING, AND ADVISING. HE WAS TIRELESS IN HIS EFFORTS TO HELP YOUNG PEOPLE MAKE SUCCESSFUL TRANSITIONS FROM SCHOOL TO WORK. THE SCHOLARSHIP IS AWARDED TO ONE (1) STUDENT WHO HAS SHOWN ACADEMIC IMPROVEMENT OVER THREE YEARS IN THE ACADEMY AND WHO HAS CONTRIBUTED SERVICE TO THE COMMUNITY OR SCHOOL. THE SCHOLARSHIP IS AWARDED IN THE AMOUNT OF $4,800 OVER FOUR YEARS. THE PETER J. MERLINO ACHIEVEMENT AWARD IS IN MEMORY OF A FORMER ACADEMY COORDINATOR OF THE ACADEMY OF THE FITNESS, HEALTH PROMOTIONS & SPORTS EDUCATION AT BENJAMIN FRANKLIN HIGH SCHOOL. HE WAS THE DEVOTED HUSBAND OF OUR DIRECTOR OF FINANCE, ILENE G. MERLINO, AS WELL AS A FATHER AND TEACHER. HE WAS DEDICATED TO HELPING STUDENTS ACHIEVE. THE SCHOLARSHIP IS FOR $1,250 OVER FOUR YEARS. THE CLINTON GIBSON MEMORIAL SCHOLARSHIP IS IN MEMORY OF MR. GIBSON, WHO WAS A DIRECTOR ON THE PHILADELPHIA ACADEMIES, INC. BOARD. UPON HIS DEATH, HE PLACED A CODICIL IN HIS WILL FOR A SCHOLARSHIP FUND TO BE SET UP IN HIS MEMORY. THE AMOUNT OF THIS SCHOLARSHIP IS $750 AND DISTRIBUTED IN ONE LUMP SUM. THE JUSTIN W. GRIFFITHS MEMORIAL SCHOLARSHIP AWARD IS IN MEMORY OF THE SON OF FORMER ACADEMIES BOARD MEMBER, JEFFREY W. GRIFFITHS. JUSTIN GRADUATED FROM THE UNIVERSITY OF DELAWARE WITH A DEGREE IN FINANCE IN 2012 AND FOLLOWED HIS DREAM TO START A CAREER ON WALL STREET. JUSTIN PUT HIS HEART INTO EVERYTHING HE ACCOMPLISHED FROM HIS FRIENDSHIPS TO HIS CAREER. HE WILL ALWAYS BE REMEMBERED FOR HIS COMPASSIONATE AND CARING NATURE. TO JUSTIN, SUCCESS WAS IN HELPING THOSE AROUND HIM TO REACH THEIR GOALS AND OFFER CEASELESS SUPPORT. THE SCHOLARSHIP IS FOR $4,000 OVER FOUR YEARS. THE BENJAMIN FRANKLIN SCHOLARSHIP FUND, ESTABLISHED BY BENJAMIN FRANKLIN'S WILL IN 1790, IS A TRUST FUND ADMINISTERED THROUGH THE PHILADELPHIA FOUNDATION AND AWARDED TO THE PHILADELPHIA ACADEMIES, INC. ITS GOAL IS TO PROVIDE SCHOLARSHIPS AND CLASSROOM RESOURCES TO: - (60% MINIMUM) FOR ACADEMY STUDENTS SEEKING POST-SECONDARY EDUCATION IN THE TRADES, CRAFTS AND APPLIED SCIENCE FIELDS. THE FOUNDATION WORKS WITH ACADEMY PROGRAMS WITHIN THIS CRITERIA. THE SCHOLARSHIPS WILL ASSIST STUDENTS WHO NEED FINANCIAL AID TO OBTAIN POST-SECONDARY EDUCATION. THE AWARD AMOUNTS VARY PER STUDENT. - (40% MAXIMUM) FOR ACADEMY 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 CRAFTS, TRADES AND APPLIED SCIENCES.
CAREER CONNECTED LEARNING PHILADELPHIA ACADEMIES, INC.(PAI) HAS A NUMBER OF INITIATIVES HOUSED UNDER OUR CAREER-CONNECTED PROGRAMS. PAI SUPPORTS SCHOOLS IMPLEMENTING THE CAREER ACADEMY MODEL, AN APPROACH THAT SCHEDULES STUDENTS AND TEACHERS IN SMALL LEARNING COMMUNITIES AROUND A SPECIFIC CAREER PATHWAY. PAI SUPPORTS 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 HOSPITALITY INITIATIVE, PROVIDE STUDENTS WITH SETS OF SCAFFOLDED REAL-WORLD EXPERIENCES TO FOSTER CAREER EXPOSURE, AWARENESS, PREPARATION AND TRAINING. BRIDGE PROGRAMMING CREATES A BRIDGE 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 THROUGH FRESHMAN ACADEMIES TO ENSURE HIGH SCHOOL SUCCESS.
SCHOLARSHIPS & CLASSROOM RESOURCES THE PHILADELPHIA ACADEMIES, INC. HAS FIVE FUNDS FROM WHICH IT AWARDS SCHOLARSHIPS FOR POST-SECONDARY EDUCATION TO GRADUATING SENIORS. THE RICHARD H. DELONE MEMORIAL FUND WAS ESTABLISHED IN HONOR OF RICHARD H.DELONE, WHO DEVOTED HIS LIFE TO IMPROVING PUBLIC EDUCATION IN PHILADELPHIA AND THE NATION THROUGH ADVOCACY,CONSULTING, AND ADVISING. HE WAS TIRELESS IN HIS EFFORTS TO HELP YOUNG PEOPLE MAKE SUCCESSFUL TRANSITIONS FROM SCHOOL TO WORK. THE SCHOLARSHIP IS AWARDED TO ONE (1) STUDENT WHO HAS SHOWN ACADEMIC IMPROVEMENT OVER THREE YEARS IN THE ACADEMY AND WHO HAS CONTRIBUTED SERVICE TO THE COMMUNITY OR SCHOOL. THE SCHOLARSHIP IS AWARDED IN THE AMOUNT OF $4,800 OVER FOUR YEARS. THE PETER J. MERLINO ACHIEVEMENT AWARD IS IN MEMORY OF A FORMER ACADEMY COORDINATOR OF THE ACADEMY OF THE FITNESS, HEALTH PROMOTIONS & SPORTS EDUCATION AT BENJAMIN FRANKLIN HIGH SCHOOL. HE WAS THE DEVOTED HUSBAND OF OUR DIRECTOR OF FINANCE, ILENE G. MERLINO, AS WELL AS A FATHER AND TEACHER. HE WAS DEDICATED TO HELPING STUDENTS ACHIEVE. THE SCHOLARSHIP IS FOR $1,250 OVER FOUR YEARS. THE CLINTON GIBSON MEMORIAL SCHOLARSHIP IS IN MEMORY OF MR. GIBSON, WHO WAS A DIRECTOR ON THE PHILADELPHIA ACADEMIES, INC. BOARD. UPON HIS DEATH, HE PLACED A CODICIL IN HIS WILL FOR A SCHOLARSHIP FUND TO BE SET UP IN HIS MEMORY. THE AMOUNT OF THIS SCHOLARSHIP IS $750 AND DISTRIBUTED IN ONE LUMP SUM. THE JUSTIN W. GRIFFITHS MEMORIAL SCHOLARSHIP AWARD IS IN MEMORY OF THE SON OF FORMER ACADEMIES BOARD MEMBER, JEFFREY W. GRIFFITHS. JUSTIN GRADUATED FROM THE UNIVERSITY OF DELAWARE WITH A DEGREE IN FINANCE IN 2012 AND FOLLOWED HIS DREAM TO START A CAREER ON WALL STREET. JUSTIN PUT HIS HEART INTO EVERYTHING HE ACCOMPLISHED FROM HIS FRIENDSHIPS TO HIS CAREER. HE WILL ALWAYS BE REMEMBERED FOR HIS COMPASSIONATE AND CARING NATURE. TO JUSTIN, SUCCESS WAS IN HELPING THOSE AROUND HIM TO REACH THEIR GOALS AND OFFER CEASELESS SUPPORT. THE SCHOLARSHIP IS FOR $4,000 OVER FOUR YEARS. THE BENJAMIN FRANKLIN SCHOLARSHIP FUND, ESTABLISHED BY BENJAMIN FRANKLIN'S WILL IN 1790, IS A TRUST FUND ADMINISTERED THROUGH THE PHILADELPHIA FOUNDATION AND AWARDED TO THE PHILADELPHIA ACADEMIES, INC. ITS GOAL IS TO PROVIDE SCHOLARSHIPS AND CLASSROOM RESOURCES TO: - (60% MINIMUM) FOR ACADEMY STUDENTS SEEKING POST-SECONDARY EDUCATION IN THE TRADES, CRAFTS AND APPLIED SCIENCE FIELDS. THE FOUNDATION WORKS WITH ACADEMY PROGRAMS WITHIN THIS CRITERIA. THE SCHOLARSHIPS WILL ASSIST STUDENTS WHO NEED FINANCIAL AID TO OBTAIN POST-SECONDARY EDUCATION. THE AWARD AMOUNTS VARY PER STUDENT. - (40% MAXIMUM) FOR ACADEMY 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 CRAFTS, TRADES AND APPLIED SCIENCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Vazquez President & CEO | OfficerTrustee | 40 | $128,204 |
Ilene Merlino Dir Of Finance & Admin | Officer | 40 | $105,311 |
John W Mucha Treasurer | OfficerTrustee | 1 | $0 |
Dr Chae Sweet Vice Chair | OfficerTrustee | 1 | $0 |
Ronald Bernal Secretary | OfficerTrustee | 1 | $0 |
Stephen J Rauscher Chairperson | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $157,147 |
Related organizations | $0 |
Government grants | $1,007,211 |
All other contributions, gifts, grants, and similar amounts not included above | $1,637,826 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,802,184 |
Total Program Service Revenue | $30,318 |
Investment income | $25,914 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,964 |
Net Gain/Loss on Asset Sales | -$40,211 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,820,169 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $81,461 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $285,775 |
Compensation of current officers, directors, key employees. | $143,519 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $970,764 |
Pension plan accruals and contributions | $22,433 |
Other employee benefits | $94,981 |
Payroll taxes | $110,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $36,453 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $100,837 |
Advertising and promotion | $0 |
Office expenses | $86,615 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $123,869 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $56,740 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,481 |
All other expenses | $0 |
Total functional expenses | $2,097,093 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $525,674 |
Savings and temporary cash investments | $462,703 |
Pledges and grants receivable | $363,031 |
Accounts receivable, net | $5,302 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $51,398 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $170,590 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,578,698 |
Accounts payable and accrued expenses | $170,919 |
Grants payable | $0 |
Deferred revenue | $2,500 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $4,801 |
Unsecured mortgages and notes payable | $153,122 |
Other liabilities | $0 |
Total liabilities | $331,342 |
Net assets without donor restrictions | $444,658 |
Net assets with donor restrictions | $802,698 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,578,698 |
Over the last fiscal year, we have identified 10 grants that The Philadelphia Academies Inc has recieved totaling $802,673.
Awarding Organization | Amount |
---|---|
Wellington Management Foundation Boston, MA PURPOSE: See Part IV | $350,000 |
William Penn Foundation Philadelphia, PA PURPOSE: ECE PRE-APPRENTICESHIP SUPPORT | $192,573 |
William Penn Foundation Philadelphia, PA PURPOSE: PRE-APPRENTICESHIP IN THE CONSTRUCTION TRADES PROGRAM | $125,000 |
Wsfs Foundation Wilmington, DE PURPOSE: EDUCATION & LEADERSHIP DEVELOPMENT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $30,000 |
Strada Education Network Inc Indianapolis, IN PURPOSE: OPERATING SUPPORT | $30,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ort America Inc New York, NY | $29,293,739 | $16,000,497 |
Brooklyn Excelsior Charter School Brooklyn, NY | $823,096 | $13,395,974 |
Williamson College Of The Trades Media, PA | $207,934,843 | $21,643,146 |
O S Johnson School Of Technology Scranton, PA | $30,244,832 | $14,495,079 |
Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity Exton, PA | $71,995,191 | $16,510,639 |
Philadelphia Technician Training Inc Philadelphia, PA | $9,117,106 | $11,028,900 |
Mason Tenders Training Fund Long Island City, NY | $44,024,998 | $3,801,436 |
Ohio Carpenters Joint Apprenticeship And Training Trust Columbus, OH | $9,324,678 | $6,147,861 |
Charter-Tech High School For The Performing Arts Inc Somers Point, NJ | $10,253,645 | $8,290,315 |
Coop Careers Inc New York, NY | $4,159,202 | $8,380,118 |
Meba Training Plan Baltimore, MD | $15,796,900 | $7,564,374 |
American Academy Mcallister Institute Of Funeral Service Inc New York, NY | $4,267,692 | $5,884,780 |