Pointe Schools
- Assets
- $11.3m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 115
- Location
- Phoenix, AZ
- Founding
- 01/2002
- Data as of
- 06/2021
- EIN
- 86-0995160
Organization Overview
Pointe Schools is located in Phoenix, AZ. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Pointe Schools employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pointe Schools 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 06/2021, Pointe Schools generated $8.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $8.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS INDEPENDENT PUBLIC CHARTER SCHOOL DISTRICT CONSISTS OF 3 SCHOOLS AND SERVES APPROXIMATELY 730 STUDENTS AT NORTH POINTE PREPARATORY (7-12), CANYON POINTE ACADEMY (K-6), AND PINNACLE POINTE ACADEMY (K-6) DURING. THE 2020-2021 SCHOOL YEAR.
THIS INDEPENDENT PUBLIC CHARTER SCHOOL DISTRICT CONSISTS OF 3 SCHOOLS AND SERVES APPROXIMATELY 730 STUDENTS AT NORTH POINTE PREPARATORY (7-12), CANYON POINTE ACADEMY (K-6), AND PINNACLE POINTE ACADEMY (K-6) DURING. THE 2020-2021 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody L Williamson President/superintendent | OfficerTrustee | 40 | $151,825 |
Kenneth Johnson Sec./board Member | Trustee | 1 | $0 |
Abigail Garcia Director | Trustee | 1 | $0 |
Aaron Flannery Director | Trustee | 1 | $0 |
Samuel Sutton Director | Trustee | 1 | $0 |
Tanisha Frazier Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,226,180 |
| All other contributions, gifts, grants, and similar amounts not included above | $806,338 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,032,518 |
| Total Program Service Revenue | $105,599 |
| Investment income | $62 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,145,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $190,126 |
| Compensation of current officers, directors, key employees. | $73,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,424,927 |
| Pension plan accruals and contributions | $356,472 |
| Other employee benefits | $256,415 |
| Payroll taxes | $218,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $450 |
| Fees for services: Accounting | $10,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $435,369 |
| Advertising and promotion | $27,495 |
| Office expenses | $630,990 |
| Information technology | $31,177 |
| Royalties | $0 |
| Occupancy | $1,449,148 |
| Travel | $70,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $728,179 |
| Insurance | $39,463 |
| All other expenses | $72,602 |
| Total functional expenses | $7,984,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,799,441 |
| Savings and temporary cash investments | $207,986 |
| Pledges and grants receivable | $64,010 |
| Accounts receivable, net | $16,043 |
| 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 | $11,488 |
| Net Land, buildings, and equipment | $9,085,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $124,562 |
| Total assets | $11,308,904 |
| Accounts payable and accrued expenses | $223,520 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $13,180,166 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $124,562 |
| Total liabilities | $13,528,248 |
| Net assets without donor restrictions | -$2,219,344 |
| Net assets with donor restrictions | $0 |
| 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 | $11,308,904 |
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