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Nonprofiteer
← THE PHILADELPHIA ACADEMIES INC

Form 990 for tax year 2024

Filed by THE PHILADELPHIA ACADEMIES INC.

Totals

Total revenue
$3,512,012
Total expenses
$3,563,285
Contributions and grants received
$3,493,894
Grants paid
$51,857
Program service revenue
$0
Investment income
$18,118
Other revenue
$0
Total assets, end of year
$2,441,786
Total liabilities, end of year
$740,052
Net assets or fund balances, end of year
$1,701,734
Program services expenses (Part IX)
$3,071,906
Management and general expenses
$265,561
Fundraising expenses
$225,818
Program service expenses (Part III)
$3,071,906

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $168,737

  • 1e · Government grants (contributions)

    $2,732,968

  • 1f · All other contributions, gifts and grants

    $592,189

  • 3 · Investment income

    total $18,118 · excluded $18,118

  • 8a · Fundraising events: gross income

    $51,788

  • 8a · Fundraising events: contributions included on line 1c

    $168,737

  • 8b · Fundraising events: direct expenses

    $51,788

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $51,857 · program services $51,857

  • 5 · Compensation of officers, directors and key employees

    total $206,861 · program services $45,727 · management and general $76,984 · fundraising $84,150

  • 7 · Other salaries and wages

    total $1,734,620 · program services $1,685,585 · management and general $757 · fundraising $48,278

  • 8 · Pension plan contributions

    total $72,104 · program services $63,532 · management and general $2,323 · fundraising $6,249

  • 9 · Other employee benefits

    total $231,374 · program services $203,946 · management and general $8,136 · fundraising $19,292

  • 10 · Payroll taxes

    total $156,883 · program services $138,356 · management and general $6,135 · fundraising $12,392

  • 11b · Fees: legal

    total $22,602 · management and general $22,602

  • 11c · Fees: accounting

    total $123,613 · program services $39,877 · management and general $83,736

  • 11e · Fees: professional fundraising services

    total $31,110 · fundraising $31,110

  • 11g · Fees: other

    total $115,929 · program services $69,391 · management and general $45,776 · fundraising $762

  • 13 · Office expenses

    total $54,813 · program services $53,113 · management and general $1,700

  • 16 · Occupancy

    total $143,003 · program services $127,775 · management and general $5,042 · fundraising $10,186

  • 19 · Conferences, conventions and meetings

    total $140,089 · program services $125,170 · management and general $4,941 · fundraising $9,978

  • 20 · Interest

    total $4,758 · management and general $4,758

  • 23 · Insurance

    total $13,338 · program services $11,917 · management and general $470 · fundraising $951

  • 24a · Other expenses: STUDENT ACTIVITIES

    total $405,275 · program services $405,275

  • 24b · Other expenses: COMMUNICATIONS

    total $34,691 · program services $30,997 · management and general $1,224 · fundraising $2,470

  • 24c · Other expenses: CLASSROOM MATERIALS

    total $19,076 · program services $19,076

  • 24d · Other expenses: EQUIPMENT EXPENSES

    total $1,289 · program services $312 · management and general $977

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $547,944 · end of year $297,160

  • 2 · Savings and temporary cash investments

    beginning of year $672,706 · end of year $610,632

  • 3 · Pledges and grants receivable

    beginning of year $287,743 · end of year $754,673

  • 9 · Prepaid expenses and deferred charges

    beginning of year $47,402 · end of year $109,404

  • 11 · Investments: publicly traded securities

    beginning of year $181,273 · end of year $187,131

  • 12 · Investments: other securities

    beginning of year $299,690 · end of year $150,053

  • 15 · Other assets

    beginning of year $443,055 · end of year $332,733

  • 17 · Accounts payable and accrued expenses

    beginning of year $164,864 · end of year $280,650

  • 23 · Secured mortgages and notes payable

    beginning of year $3,301 · end of year $3,283

  • 24 · Unsecured notes and loans payable

    beginning of year $130,640 · end of year $117,305

  • 25 · Other liabilities

    beginning of year $457,700 · end of year $338,814

  • 27 · Net assets without donor restrictions

    beginning of year $873,798 · end of year $895,335

  • 28 · Net assets with donor restrictions

    beginning of year $849,510 · end of year $806,399

Mission and programs · 2024

Mission

OUR MISSION IS TO BE AN INNOVATIVE NON-PROFIT ORGANIZATION THAT WORKS WITH STUDENTS, EDUCATORS, AND PARTNERS TO IMPROVE OUTCOMES FOR PHILADELPHIA'S YOUNG PEOPLE.

Activities or mission (Part I)

TO PROVIDE CAREER-CONNECTED EDUCATIONAL PROGRAMMING FOR MIDDLE AND HIGH SCHOOL STUDENTS, CAPACITY BUILDING FOR TEACHERS AND SCHOOL LEADERS, AND INDUSTRY ORGANIZING - SEE SCHEDULE O

  • CAREER CONNECTED LEARNING PHILADELPHIA ACADEMIES, INC. (PAI) HAS A NUMBER OF INITIATIVES HOUSED UNDER OUR CAREER-CONNECTED AND WORKFORCE DEVELOPMENT PROGRAMS. PAI SUPPORTS SCHOOLS IN 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 MIDDLE SCHOOL AND HOSPITALITY INITIATIVE, PROVIDE STUDENTS WITH SETS OF SCAFFOLDED REAL-WORLD EXPERIENCES TO FOSTER CAREER EXPOSURE, AWARENESS, PREPARATION AND TRAINING. BRIDGE AND REGISTERED PRE- APPRENTICESHIP PROGRAMS CREATE A CLEAR PATHWAY 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 TO ENSURE HIGH SCHOOL SUCCESS.

    Expenses $1,830,243 · Grants $51,857

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $40,116

  • TEACHER AND SCHOOL LEADERSHIP SUPPORT AND CAPACITY BUILDING BUILDING THE CAPACITY OF TEACHERS AND ADMINISTRATORS IS KEY TO IMPROVING STUDENT OUTCOMES. OUR MIDDLE SCHOOL SUCCESS NETWORK (MSSN) AND 9TH GRADE SUCCESS NETWORK (9GSN) STRENGTHEN SCHOOLS THROUGH TECHNICAL ASSISTANCE AND PROFESSIONAL DEVELOPMENT FOCUSED ON FOSTERING STUDENT SUCCESS IN CRITICAL TRANSITIONARY GRADE LEVELS.

    Expenses $1,201,547

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Ian Sladen

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Monica Moody-Wrenn

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • John W Mucha

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ronald Bernal

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Christopher Edwards

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Patrick J Eiding

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark Goodman

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Steven Hicks

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dan Klein

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brett Mayfield

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Darren Lipscomb

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephen J Rauscher

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cameron Redfern

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • F Christopher Goins

    PRESIDENT &

    Total calculated
    $166,456
    From this org
    $150,162
    From related orgs
    $0
    Other
    $16,294
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $150,162
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,433
    Nontaxable benefits
    $12,861
    Filer's total
    $166,456

  • Arthur Steinberg

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jenna Rubendall

    SENIOR GRANT

    Total calculated
    $0
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
8 December 2025
IRS schema version
2024v5.0
Source object
202513449349300116

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