Phoenix Academy
- Assets
- $0.0
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 18
- Location
- Toledo, OH
- Founding
- Data as of
- 06/2018
- EIN
- 90-0080788
Organization Overview
Phoenix Academy is located in Toledo, OH. As of 06/2018, Phoenix Academy employed 18 individuals. Phoenix Academy 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 06/2018, Phoenix Academy generated $1.5m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.2m during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE AT-RISK STUDENTS IN THE NORTHWEST OHIO AREA TO COMPLETE THE REQUIREMENTS FOR A HIGH SCHOOL DIPLOMA. THE ACADEMY WILL COMBINE COMMUNITY BASED SERVICES WITH FLEXIBLE ACADEMIC PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A COMMUNITY SCHOOL IN OHIO THAT SERVES APPROXIMATELY 760 STUDENTS IN GRADES NINE TO TWELVE WHICH IS SPONSORED BY THE TOLEDO PUBLIC SCHOOLS.
DEPRECIATION OF ASSETS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Mallette III Board Member | Trustee | 10 | $875 |
Byron Choka President | Trustee | 10 | $875 |
Bruce Williams Board Member | OfficerTrustee | 10 | $750 |
Brenda Brake Board Member | Trustee | 10 | $375 |
Patricia Zelei Treasurer | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,381,519 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,381,519 |
| Total Program Service Revenue | $7,450 |
| Investment income | $11,213 |
| 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 | $1,539,417 |
| 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. | $2,875 |
| Compensation of current officers, directors, key employees. | $2,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,884 |
| Pension plan accruals and contributions | $38,458 |
| Other employee benefits | -$127,060 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,675,880 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,079 |
| Advertising and promotion | $0 |
| Office expenses | $41,978 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,626 |
| Travel | $4,558 |
| 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 | $63,341 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,174,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |