Nonprofit · EIN 20-3125525
PHILIPS ACADEMY OF NORTH CAROLINA INC
Tax-exempt · CHARLOTTE, NC 28211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,691,477 | $2,335,224 | $356,253 | $7,206,402 | $1,129,402 | $6,077,000 |
| June 30, 2024 | 990 | $3,665,074 | $2,003,193 | $1,661,881 | $6,775,969 | $1,213,036 | $5,562,933 |
| June 30, 2023 | 990 | $1,808,354 | $1,704,744 | $103,610 | $5,054,250 | $1,153,198 | $3,901,052 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $830,215
- Program service revenue
- $1,666,083
- Investment income
- $212,597
- Net gain from sales of assets
- -$3,261
- Net income from fundraising events
- -$17,628
- Other revenue
- -$17,418
Expenses
- Grants and similar amounts paid
- $176,352
- Compensation of officers, directors and key employees
- $129,750
- Other salaries and wages
- $1,466,782
- Salaries, compensation and benefits (total)
- $1,719,473
- Professional fundraising fees
- $0
- Occupancy
- $139,555
- Depreciation
- $93,063
- Program services (functional)
- $1,860,524
- Management and general (functional)
- $233,277
- Fundraising (functional)
- $241,423
Balance sheet and other
- Total assets, start of year
- $6,775,969
- Total assets, end of year
- $7,206,402
- Total liabilities, end of year
- $1,129,402
- Net assets, end of year
- $6,077,000
- Land, buildings and equipment
- $1,246,014
- Publicly traded securities
- $3,670,434
- Net assets without donor restrictions
- $2,868,685
- Net assets with donor restrictions
- $3,208,315
- Gross receipts
- $2,836,110
- Employees
- 26
- Volunteers
- 120
- Year formed
- 2005
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Hofland | Executive Dir. Officer | 50 | $129,750 |
| Phil Blount | Director Trustee or director | 1 | $0 |
| Jane Blount | Director Trustee or director | 3 | $0 |
| Ed Imbrogno | Chairman Trustee or director, Officer | 5 | $0 |
| Becky Berolatti | Director Trustee or director | 1 | $0 |
| Kristin Downey | Director Trustee or director | 1 | $0 |
| Frasier Ives | Secretary Trustee or director, Officer | 3 | $0 |
| Doug Bradley | Director Trustee or director | 1 | $0 |
| Josh Reichard | Director Trustee or director | 1 | $0 |
| Melodie Ohaus | Treasurer Trustee or director, Officer | 3 | $0 |
| Matthew W Smith | Director Trustee or director | 1 | $0 |
| Raleigh Anne Gray | Director Trustee or director | 1 | $0 |
| Dale Sarjeant | Director Trustee or director | 1 | $0 |
| Steven Scruggs | Director Trustee or director | 1 | $0 |
| Nicki Applefield Engel | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Hofland | Executive Dir. Officer | 50 | $130,383 |
| Phil Blount | Director Trustee or director | 1 | $0 |
| Jane Blount | Director Trustee or director | 3 | $0 |
| Ed Imbrogno | Chairman Trustee or director, Officer | 5 | $0 |
| Becky Berolatti | Director Trustee or director | 1 | $0 |
| Brian Bonewitz | Director Trustee or director | 1 | $0 |
| Frasier Ives | Secretary Trustee or director, Officer | 1 | $0 |
| Doug Bradley | Director Trustee or director | 1 | $0 |
| Josh Reichard | Director Trustee or director | 1 | $0 |
| Melodie Ohaus | Treasurer Trustee or director, Officer | 3 | $0 |
| Matthew W Smith | Director Trustee or director | 1 | $0 |
| Raleigh Anne Gray | Director Trustee or director | 1 | $0 |
| Dale Sarjeant | Director Trustee or director | 1 | $0 |
| Eric Banks | Director Trustee or director | 1 | $0 |
| Nicki Applefield Engel | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Hofland | Executive Dir. Officer | 40 | $114,917 |
| Phil Blount | Director Trustee or director | 1 | $0 |
| Jane Blount | Secretary Trustee or director, Officer | 3 | $0 |
| Ed Imbrogno | Director Trustee or director | 1 | $0 |
| Becky Berolatti | Chairman Trustee or director, Officer | 5 | $0 |
| Brian Bonwitz | Director Trustee or director | 1 | $0 |
| Frasier Ives | Director Trustee or director | 1 | $0 |
| Doug Bradley | Director Trustee or director | 1 | $0 |
| Mary Beth Townley | Director Trustee or director | 1 | $0 |
| Melodie Ohaus | Treasurer Trustee or director, Officer | 3 | $0 |
| Matthew W Smith | Director Trustee or director | 1 | $0 |
| Raleigh Anne Gray | Director Trustee or director | 1 | $0 |
| Dale Sarjeant | Director Trustee or director | 1 | $0 |
| Eric Banks | Director Trustee or director | 1 | $0 |
| Nicki Applefield Engel | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3115 PROVIDENCE RD, CHARLOTTE, NC 28211-2742
- In care of
- % BARBARA PARRISH
- Principal officer (990 for 2024)
- Deborah Hofland, 3115 Providence Road, Charlotte, NC 28211
- Signed the 990
- Melodie Ohaus, Treasurer
- Phone
- (704) 365-4533
- Website
- www.philipsacademync.org
- Return prepared by
- Foard and Company PA
Mission
Philips Academy is a private non-profit school for students in Middle & High School with complex language, learning and/or cognitive disabilities. Our mission is to provide our students with the academic, occupational and social skills needed to be self-reliant, confident and contributing members of their communities.
Program accomplishments
- The school provides a place for students with learning disabilities to receive a quality education. 74 students were served during the 2024-2025 school year.Expenses $1,860,524 · grants $176,352 · revenue $1,666,083
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3125525
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $7,206,402
- Income (IRS master file)
- $2,836,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,691,477 | $2,335,224 | $7,206,402 | XML |
| 990 | June 2024 | $3,665,074 | $2,003,193 | $6,775,969 | XML |
| 990 | June 2023 | $1,808,354 | $1,704,744 | $5,054,250 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3125525).
Questions about PHILIPS ACADEMY OF NORTH CAROLINA INC
- What is the EIN of PHILIPS ACADEMY OF NORTH CAROLINA INC?
- The employer identification number (EIN) of PHILIPS ACADEMY OF NORTH CAROLINA INC is 20-3125525.
- Is PHILIPS ACADEMY OF NORTH CAROLINA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to PHILIPS ACADEMY OF NORTH CAROLINA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILIPS ACADEMY OF NORTH CAROLINA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHILIPS ACADEMY OF NORTH CAROLINA INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHILIPS ACADEMY OF NORTH CAROLINA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PHILIPS ACADEMY OF NORTH CAROLINA INC?
- The 990 for the year ended June 30, 2025 names Deborah Hofland.
- Who are the officers and directors of PHILIPS ACADEMY OF NORTH CAROLINA INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $129,750 (Deborah Hofland, Executive Dir.).
- How much revenue does PHILIPS ACADEMY OF NORTH CAROLINA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,691,477, expenses of $2,335,224 and total assets of $7,206,402 at year end.
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