Form 990 for tax year 2023
Filed by ENTREPRENEURIAL VENTURES IN EDUCATION.
Totals
- Total revenue
- $14,757,536
- Total expenses
- $17,313,543
- Contributions and grants received
- $711,329
- Grants paid
- $0
- Program service revenue
- $14,046,203
- Investment income
- $4
- Other revenue
- $0
- Total assets, end of year
- $16,192,003
- Total liabilities, end of year
- $18,891,430
- Net assets or fund balances, end of year
- -$2,699,427
- Program services expenses (Part IX)
- $13,792,874
- Management and general expenses
- $1,785,674
- Fundraising expenses
- $1,734,995
- Program service expenses (Part III)
- $13,792,874
Program services were 79.7% 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.
-
1f · All other contributions, gifts and grants
$711,329
-
2a · Program service revenue: MANAGEMENT FEES
total $14,046,203 · related or exempt $14,046,203
-
3 · Investment income
total $4 · excluded $4
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,038,472 · program services $1,630,778 · management and general $203,847 · fundraising $203,847
-
7 · Other salaries and wages
total $10,859,161 · program services $8,677,927 · management and general $1,069,788 · fundraising $1,111,446
-
9 · Other employee benefits
total $744,037 · program services $594,626 · management and general $73,366 · fundraising $76,045
-
10 · Payroll taxes
total $934,232 · program services $746,700 · management and general $92,248 · fundraising $95,284
-
11b · Fees: legal
total $108,777 · program services $85,597 · management and general $11,215 · fundraising $11,965
-
11c · Fees: accounting
total $2,706 · program services $2,129 · management and general $279 · fundraising $298
-
11g · Fees: other
total $815,741 · program services $641,906 · management and general $84,103 · fundraising $89,732
-
12 · Advertising and promotion
total $196,037 · program services $158,097 · management and general $18,356 · fundraising $19,584
-
14 · Information technology
total $287,016 · program services $230,849 · management and general $27,174 · fundraising $28,993
-
16 · Occupancy
total $1,472 · program services $1,472
-
17 · Travel
total $484,075 · program services $382,095 · management and general $49,339 · fundraising $52,641
-
20 · Interest
total $24,753 · program services $19,478 · management and general $2,552 · fundraising $2,723
-
23 · Insurance
total $113,000 · program services $88,920 · management and general $11,650 · fundraising $12,430
-
24a · Other expenses: MATERIALS & SUPPLIES
total $270,727 · program services $224,035 · management and general $22,590 · fundraising $24,102
-
24b · Other expenses: STAFF RECRUITMENT
total $150,426 · program services $150,426
-
24c · Other expenses: BAD DEBT
total $113,639 · management and general $113,639
-
24d · Other expenses: CURRICULUM DEVELOPMENT
total $93,324 · program services $93,324
-
24e · All other expenses
total $75,948 · program services $64,515 · management and general $5,528 · fundraising $5,905
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $598,684 · end of year $679,404
-
4 · Accounts receivable
beginning of year $7,970,339 · end of year $1,588,103
-
9 · Prepaid expenses and deferred charges
end of year $29,375
-
15 · Other assets
beginning of year $0 · end of year $13,895,121
-
17 · Accounts payable and accrued expenses
beginning of year $6,578,232 · end of year $2,038,569
-
22 · Loans and payables to officers and key people
beginning of year $1,314,665 · end of year $1,095,756
-
25 · Other liabilities
beginning of year $816,308 · end of year $15,757,105
-
27 · Net assets without donor restrictions
beginning of year -$140,182 · end of year -$2,699,427
Mission and programs · 2023
Mission
TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. TO PROVIDE DIRECT EDUCATIONAL SERVICES, SUCH AS SUMMER LEARNING PROGRAMS. TO WORK WITH ORGANIZATIONS TO RAISE THE ACADEMIC ACHIEVEMENTS AND LIFE OPPORTUNITIES OF CHILDREN. TO WORK WITH PARENTS TO INCREASE THEIR ENGAGEMENT IN THE EDUCATIONAL SUCCESS OF THEIR CHILDREN; AND TO ENGAGE IN OTHER EDUCATIONAL AND CHARITABLE ACTIVITIES RELATED TO THE FOREGOING ACTIVITIES AND PURPOSES.
-
TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING.
Expenses $13,792,874 · Revenue $14,046,203
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Fernando ReimersDR FERNANDO REIMERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Earl Martin PhalenEARL MARTIN PHALEN
PRESIDENT/CEO
- Total calculated
- $0
- Hours/week
- 40 + 0.8 related
-
Jim PhalenJIM PHALEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Steven TuckerSTEVEN TUCKER
DIRECTOR - DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 5
-
Andrea RobinsonANDREA ROBINSON
CHIEF ACADEMIC OFFICER
- Total calculated
- $188,324
- From this org
- $188,324
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $188,074
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $188,324
-
Amber DeckardAMBER DECKARD
PRESIDENT - SUMMER ADVANTAGE
- Total calculated
- $185,328
- From this org
- $167,260
- From related orgs
- $0
- Other
- $18,068
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,010
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,068
- Filer's total
- $185,328
-
Joann GamaJOANN GAMA
CHIEF HUMAN ASSET OFFICER
- Total calculated
- $209,221
- From this org
- $208,470
- From related orgs
- $0
- Other
- $751
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,220
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $751
- Filer's total
- $209,221
-
Tarsha CallowayTARSHA CALLOWAY
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $170,769
- From this org
- $157,536
- From related orgs
- $0
- Other
- $13,233
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,536
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $13,233
- Filer's total
- $170,769
-
Eva SpilkerEVA SPILKER
CHIEF FINANCIAL OFFICER
- Total calculated
- $252,355
- From this org
- $236,483
- From related orgs
- $0
- Other
- $15,872
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $236,233
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $15,872
- Filer's total
- $252,355
-
Nicole ScottNICOLE SCOTT
GENERAL COUNSEL
- Total calculated
- $193,052
- From this org
- $193,052
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $192,802
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $193,052
-
Ruiquan JinRUIQUAN JIN
CHIEF STRATEGY & DEV OFFICER
- Total calculated
- $200,109
- From this org
- $193,965
- From related orgs
- $0
- Other
- $6,144
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,715
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,144
- Filer's total
- $200,109
-
Crissy FrancoCRISSY FRANCO
VP CAREER & TECH
- Total calculated
- $133,793
- From this org
- $129,885
- From related orgs
- $0
- Other
- $3,908
- Hours/week
- 40
-
Elizabet GarzaELIZABET GARZA
VP LEADER DEVELOPMENT
- Total calculated
- $149,494
- From this org
- $148,701
- From related orgs
- $0
- Other
- $793
- Hours/week
- 40
-
Javier DimasJAVIER DIMAS
VP OPERATIONS
- Total calculated
- $119,866
- From this org
- $108,758
- From related orgs
- $0
- Other
- $11,108
- Hours/week
- 40
-
James SwiftJAMES SWIFT
VP OF PLA UNIVERSITY
- Total calculated
- $157,461
- From this org
- $151,317
- From related orgs
- $0
- Other
- $6,144
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,067
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,144
- Filer's total
- $157,461
-
Ladonna BivensLADONNA BIVENS
EXECUTIVE DIRECTOR ACADEMICS
- Total calculated
- $126,846
- From this org
- $126,846
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Haritha DasarHARITHA DASAR
DIRECTOR OF TECHNOLOGY
- Total calculated
- $163,073
- From this org
- $145,273
- From related orgs
- $0
- Other
- $17,800
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,023
- Bonus
- $250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $17,800
- Filer's total
- $163,073
-
Carlo HersshbergerCARLO HERSSHBERGER
DIR OF FINANCE & ACCOUNTING
- Total calculated
- $147,301
- From this org
- $143,660
- From related orgs
- $0
- Other
- $3,641
- Hours/week
- 40
-
Melissa MorrisMELISSA MORRIS
REGIONAL DIRECTOR
- Total calculated
- $141,681
- From this org
- $128,378
- From related orgs
- $0
- Other
- $13,303
- Hours/week
- 40
-
Jess HileJESS HILE
DIR CORP ENGMT & PHILANTHROPHY
- Total calculated
- $111,836
- From this org
- $111,649
- From related orgs
- $0
- Other
- $187
- Hours/week
- 40
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
None.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PHALEN LEADERSHIP ACADEMIES INC
501(C)3 · EDUCATION · IN
-
501(C)3 · WORKFORCE DEVELOPMENT JOB TRAINING PROGRAM HELPING ADULTS (18 AND OLDER) · IN · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349304943
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