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Nonprofit · EIN 56-2059485

PHOENIX ACADEMY INC

Tax-exempt · HIGH POINT, NC 27265

Financials

$18.4M$17.1M2024
Revenue Expenses · by fiscal year end
Financials of PHOENIX ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$18,367,645$17,072,656$1,294,989$7,667,512$3,324,076$4,343,436
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$18,213,659
of which government grants
$18,213,659
Program service revenue
$3,993
Investment income
$0
Other revenue
$149,993

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$6,817,366
Salaries, compensation and benefits (total)
$8,409,666
Professional fundraising fees
$0
Legal fees
$63,385
Accounting fees
$10,500
Occupancy
$2,997,770
Travel
$81,510
Depreciation
$305,710
Program services (functional)
$7,260,250
Management and general (functional)
$9,812,406

Balance sheet and other

Total assets, start of year
$7,552,075
Total assets, end of year
$7,667,512
Total liabilities, end of year
$3,324,076
Net assets, end of year
$4,343,436
Land, buildings and equipment
$1,630,529
Net assets without donor restrictions
$4,343,436
Gross receipts
$18,367,645
Employees
0
Volunteers
466
Year formed
1999
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.

NameTitleHours / weekCompensation
PERRY FLYNNPRESIDENT
Trustee or director, Officer
1$0
BRIAN KUPPELWEISERVICE PRESIDENT
Trustee or director, Officer
1$0
CHRIS SWADENERTREASURER
Trustee or director, Officer
1$0
CHARLES ALTSECRETARY
Trustee or director, Officer
1$0
CLARENCE HENDERSONDIRECTOR
Trustee or director
1$0
MELISSA BLAKELYDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4020 MEETING WAY, HIGH POINT, NC 27265-8233
Principal officer (990 for 2024)
PERRY FLYNN, 4020 MEETING WAY, HIGH POINT, NC 27265
Signed the 990
PERRY FLYNN, PRESIDENT
Phone
(336) 869-0079
Return prepared by
SHARPE PATEL CPA

Mission

PHOENIX ACADEMY IS A NON-PROFIT CHARTER SCHOOL PROVIDING EDUCATION TO CHILDREN FROM KINDERGARTEN THROUGH 12TH GRADE. ITS MISSION IS TO EDUCATE AND ENCOURAGE STUDENTS TO BECOME ACTIVE, COMPASSIONATE, LIFELONG LEARNERS WHO RESPECT OTHERS AND THEIR DIFFERENCES.

990 for the year ended June 30, 2025

Program accomplishments

  • PHOENIX ACADEMY IS A NORTH CAROLINA PUBLIC SCHOOL OPERATED BY A NON-PROFIT CORPORATION, SERVING APPROXIMATELY 1,578 STUDENTS.
    Expenses $7,260,250 · revenue $153,986

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2059485
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
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$7,667,512
Income (IRS master file)
$18,367,645

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$13,683,872$13,554,436$6,215,013IRS
990June 2022$12,117,600$11,145,727$3,440,830IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about PHOENIX ACADEMY INC

What is the EIN of PHOENIX ACADEMY INC?
The employer identification number (EIN) of PHOENIX ACADEMY INC is 56-2059485.
Is PHOENIX ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to PHOENIX ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHOENIX ACADEMY 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 PHOENIX ACADEMY 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 PHOENIX ACADEMY 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 PHOENIX ACADEMY INC?
The 990 for the year ended June 30, 2025 names PERRY FLYNN.
Who are the officers and directors of PHOENIX ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does PHOENIX ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $18,367,645, expenses of $17,072,656 and total assets of $7,667,512 at year end.

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