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Phoenix Academy

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

EIN: 812964842 ✦ North branch, MN ✦ Designated as a 501(c)(3)

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Overview

What is Phoenix Academy?

Phoenix Academy, situated in North Branch, Minnesota, is a tuition-free public charter school catering to students from grades K-6. Its unique approach to education focuses on art and science, aiming to enhance the learning experience and develop more creative and well-rounded students. The school's curriculum is based on research-backed foundational teaching and learning practices, offering a more experiential and personally appealing learning experience. Phoenix Academy stands out with smaller classrooms, lower student-to-teacher ratios, and a hands-on approach to teaching and learning. The school provides necessary academic support and offers advanced learning opportunities during enrichment hour classes. With a team of 46 dedicated staff members, Phoenix Academy seeks to foster a comprehensive, rigorous academic program integrated with the visual and performing arts.


Official website here: www.phxacademycharterschool.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Phoenix Academy has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 73%. While the organization demonstrates strengths in board independence, financial oversight, and program expense allocation, there are areas needing significant improvement, particularly in governance and transparency practices.

The organization scores well on maintaining an independent board and proper financial oversight, reflecting a solid commitment to accountability. However, it falls short in key governance policies, lacking a whistleblower policy and document retention guidelines, which can raise concerns about transparency and ethical practices.

Additionally, the nonprofit's liabilities to assets ratio is notably high, indicating potential financial risks. Although it allocates a large portion of its budget toward program expenses, the overall financial health and governance practices could benefit from enhancements to ensure long-term sustainability and trust with stakeholders.


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

Is Phoenix Academy legitimate?

Phoenix Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Academy 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: $171,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $639,997

For more financial information, click here


Official website here: www.phxacademycharterschool.com

What is the mission statement of Phoenix Academy?

Phoenix Academy's mission is centered around offering a curriculum that is both experiential and appealing to students, utilizing research-backed foundational teaching and learning practices. As a tuition-free public K-8 school, it provides a rigorous academic program, integrating visual and performing arts, in a unique learning environment with smaller classrooms, lower student-to-teacher ratios, and a hands-on approach to teaching and learning. Phoenix Academy students receive necessary academic support and participate in advanced learning opportunities during enrichment hour classes, held every semester or trimester.


Official website here: www.phxacademycharterschool.com

Who is the CEO of Phoenix Academy?

Josh Larabee is the Board Chair of Phoenix Academy.


Official website here: www.phxacademycharterschool.com

What is the revenue of Phoenix Academy?

Phoenix Academy's revenue in 2022 was $2,064,288.


Official website here: www.phxacademycharterschool.com

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

The average compensation at Phoenix Academy during 2022 was $17,636. There are 46 employees and 5 volunteers at Phoenix Academy.


Here are 9 key members and their salaries:


James Gagner (Executive Director)
  • Compensation: $86,547
  • Related: $0
  • Other: $7,421
Sarah Johnson (Member/Teacher)
  • Compensation: $38,002
  • Related: $0
  • Other: $9,675
Joseph Worwa (Former Member/Teacher)
  • Compensation: $34,083
  • Related: $0
  • Other: $14,552
Erica Parrish (Member/Teacher)
  • Compensation: $37,644
  • Related: $0
  • Other: $9,618
Sonja Govednik (Former Member/Teacher)
  • Compensation: $19,280
  • Related: $0
  • Other: $27,054
Josh Larabee (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Houston (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Levesseur (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lindquist (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phxacademycharterschool.com

Where can I find the form 990 for Phoenix Academy?

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


Official website here: www.phxacademycharterschool.com

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

Mission Statement of Phoenix Academy

Phoenix Academy, a tuition-free public K-8 school, has been established with a mission to provide an educational experience that is both rigorous and engaging for its students. The school's curriculum is built on research-backed foundational teaching and learning practices, with a focus on making learning more experiential and personally appealing. Phoenix Academy offers a comprehensive academic program that integrates visual and performing arts, creating a unique learning environment.

This unique environment is characterized by smaller classrooms, lower student-to-teacher ratios, and a hands-on approach to teaching and learning. The school is committed to ensuring that all its students receive necessary academic support and participate in advanced learning opportunities during enrichment hour classes. These classes take place every semester or trimester, providing students with diverse and stimulating educational experiences.

In essence, Phoenix Academy aims to offer a well-rounded education that goes beyond traditional academic subjects. By integrating the arts and adopting a more personalized and experiential approach to learning, the school seeks to engage and inspire its students, fostering a love for learning that will serve them well throughout their lives.

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Impact




July, 2024

Phoenix Academy's impact is evident in the way it provides a unique, hands-on learning environment for students in grades K-8. By integrating the visual and performing arts into a rigorous academic program, Phoenix Academy nurtures more creative and well-rounded individuals. With smaller classrooms and lower student-to-teacher ratios, students receive the necessary academic support to thrive. Additionally, the advanced learning opportunities offered during enrichment hour classes empower students to excel beyond the standard curriculum. Overall, Phoenix Academy's emphasis on experiential and personalized education is shaping a new generation of engaged and confident learners.




This information is meant to be a general summary of Phoenix Academy. 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
$2,064,288 (2022)
Expenses
$1,780,571 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114
  • Program Service Revenue: $8,535
  • Gross Receipts: $2,066,349

Assets and Liabilities:

  • Total Assets: $1,132,267
  • Total Liabilities: $979,608
  • Net Assets: $152,659

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Programs

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

FEES FROM PATRONS

Revenue

$8,535

Organization Details

Founding Year

2017

Principal Officer

Josh Larabee

Main Address

38460 LINCOLN TRAIL SUITE 1, NORTH BRANCH, MN, 55056

NTEE Category

Code: B29 - Education

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