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Phoenix Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562059485 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is Phoenix Academy Inc?

Phoenix Academy Inc, a North Carolina public school, is operated by a non-profit corporation and serves approximately 1,166 students in grades kindergarten through 5th grade. The academy, with a mission to educate and foster lifelong learners, is a non-profit charter school dedicated to nurturing active and compassionate students who respect differences. With 98 employees on its team, Phoenix Academy aims to provide quality education and inspire a love for learning within its student community.


Official website here: www.pahp.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 75%, Three-Star out of Four Star rating.

Phoenix Academy Inc has received a Three-Star rating, indicating a solid performance in accountability and finance. The organization achieved a score of 75% in this area, primarily reflecting its strong governance practices, such as having a fully independent board and comprehensive financial oversight policies. These metrics suggest a commitment to transparency and responsible management of resources.

However, the rating also highlights a significant area of concern: the program expense ratio, which is noted at 48.54%. This low score suggests that a smaller portion of the organization's expenses is directed towards its programs compared to administrative costs. This aspect may raise questions about the effectiveness of the charity in delivering its mission relative to its financial management.

Overall, while Phoenix Academy Inc demonstrates commendable governance and accountability, potential donors and stakeholders may want to consider the implications of its program expense ratio when evaluating its impact and efficiency.


This AI summary has been generated from information found on Charity Navigator.

Is Phoenix Academy Inc legitimate?

Phoenix Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,911,740

For more financial information, click here


Official website here: www.pahp.com

What is the mission statement of Phoenix Academy Inc?

Phoenix Academy Inc is a non-profit charter school committed to educating children in grades Kindergarten through 5th. Its mission goes beyond just academics; it aims to cultivate active, compassionate, and lifelong learners. The students are encouraged to respect others and their differences. The organization strives to provide a nurturing environment that fosters the growth of well-rounded individuals. Through its dedicated approach, Phoenix Academy Inc seeks to make a positive impact on the lives of its students.


Official website here: www.pahp.com

Who is the CEO of Phoenix Academy Inc?

Perry Flynn is the Secretary of Phoenix Academy Inc.


Official website here: www.pahp.com

What is the revenue of Phoenix Academy Inc?

Phoenix Academy Inc's revenue in 2022 was $12,117,600.


Official website here: www.pahp.com

Who are the executives of Phoenix Academy Inc and what are their salaries?

The average compensation at Phoenix Academy Inc during 2022 was $39,916. There are 98 employees at Phoenix Academy Inc.


Here are 5 key members and their salaries:


Charles A Alt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Blakely (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Flynn (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Henderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Swadener (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pahp.com

Where can I find the form 990 for Phoenix Academy Inc?

Phoenix Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pahp.com

Learn more at the official website: www.pahp.com

Mission Statement of Phoenix Academy Inc

Phoenix Academy, a non-profit charter school, is dedicated to educating children in kindergarten through fifth grade. The institution's ultimate goal is to foster active, compassionate, and lifelong learners. By encouraging respect for one another and their differences, Phoenix Academy nurtures its students to become well-rounded individuals. The mission of Phoenix Academy is geared towards providing quality education to its approximately 1,166 students.

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Impact




October, 2024

Phoenix Academy Inc significantly impacts the community by providing quality education to approximately 1,166 students in grades Kindergarten through 5th. Located in High Point, North Carolina, the academy focuses on fostering an environment where children can grow into active, compassionate, and lifelong learners. By emphasizing respect for others and their differences, Phoenix Academy cultivates a diverse and inclusive educational setting that not only promotes academic success but also encourages social and emotional development among its students. Through its mission, the academy plays a crucial role in shaping young minds and preparing them for future challenges.




This information is meant to be a general summary of Phoenix Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12,117,600 (2022)
201120122013201420152016201720182019202020212022$0$3.5M$7M$10.5M$14M
Expenses
$11,145,727 (2022)
201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%54%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $80,421
  • Gross Receipts: $12,168,791

Assets and Liabilities:

  • Total Assets: $3,440,830
  • Total Liabilities: $491,461
  • Net Assets: $2,949,369

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT ACTIVITIES

Revenue

$80,421

Organization Details

Founding Year

1999

Principal Officer

Perry Flynn

Main Address

4020 MEETING WAY, HIGH POINT, NC, 27265

NTEE Category

Code: B11 - Education

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