Nonprofit · EIN 86-0909286
PHOENIX SCHOOL OF ACADEMIC EXCELLENCE
Also known as PSAE
Tax-exempt · PHOENIX, AZ 85014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,226,306 | $1,409,920 | -$183,614 | $667,654 | $702,058 | -$34,404 |
| June 30, 2024 | 990 | $1,446,406 | $1,450,071 | -$3,665 | $1,106,715 | $957,505 | $149,210 |
| June 30, 2023 | 990 | $1,393,781 | $1,518,391 | -$124,610 | $1,336,148 | $1,183,273 | $152,875 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,217,225
- of which government grants
- $1,204,619
- Program service revenue
- $0
- Investment income
- $2,059
- Net gain from sales of assets
- $1,143
- Other revenue
- $7,022
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $348,132
- Other salaries and wages
- $259,273
- Salaries, compensation and benefits (total)
- $715,232
- Professional fundraising fees
- $0
- Accounting fees
- $57,566
- Occupancy
- $355,859
- Travel
- $117
- Depreciation
- $16,542
- Program services (functional)
- $1,294,835
- Management and general (functional)
- $115,085
Balance sheet and other
- Total assets, start of year
- $1,106,715
- Total assets, end of year
- $667,654
- Total liabilities, end of year
- $702,058
- Net assets, end of year
- -$34,404
- Land, buildings and equipment
- $35,323
- Net assets without donor restrictions
- -$34,404
- Gross receipts
- $1,265,752
- Employees
- 17
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- AZ
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 | Other / benefits |
|---|---|---|---|---|
| Nate Palma | Board President/Exec Director Trustee or director, Officer | 40 | $99,808 | $31,177 |
| Jordan Palma | Board Member/Curriculum Coordinator Trustee or director | 40 | $86,332 | $29,785 |
| Caitlin Tran | Board Member Trustee or director | 30 | $33,786 | $22,531 |
| Chris Freer | Board Member Trustee or director | 5 | $0 | $0 |
| Esther Zufelt | Secretary Trustee or director | 1 | $0 | $0 |
| Karen Lugo | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jordan Palma | Board Member/Curriculum Coordinator Trustee or director | 40 | $64,024 | $28,021 |
| Nate Palma | Board President/Exec Director Trustee or director, Officer | 40 | $60,440 | $17,815 |
| Chris Freer | Board Member Trustee or director | 5 | $0 | $0 |
| Caitlin Tran | Board Member Trustee or director | 5 | $0 | $0 |
| Esther Zufelt | Secretary Trustee or director | 1 | $0 | $0 |
| Karen Lugo | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Nate Palma | Board President/Exec Director Trustee or director, Officer | 40 | $117,889 | $31,994 |
| Jordan Palma | Board Member Trustee or director | 40 | $52,985 | $28,117 |
| Caitlin Tran | Board Member Trustee or director | 5 | $0 | $0 |
| Esther Zufelt | Secretary Trustee or director | 1 | $0 | $0 |
| Karen Lugo | Board Member Trustee or director | 1 | $0 | $0 |
| Chris Freer | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5312 N 12TH ST STE 302, PHOENIX, AZ 85014-2926
- In care of
- % BRADFORD C GORDON
- Principal officer (990 for 2024)
- Nate Palma, 5312 North 12th Street 302, Phoenix, AZ 85014
- Signed the 990
- Nate Palma, Director
- Phone
- (602) 424-0287
- Return prepared by
- LORENZO PLC
Mission
The Schools mission is to promote the academic, occupational, and personal life skills of all students based on community collaboration, parental involvement, staff commitment.
Program accomplishments
- The School provides educational services to students in grades seven through twelve, and is funded primarily through the State of Arizona based on student membership. The School provided educational services to approximately 95 students during the 2024-2025 school year.Expenses $1,294,835 · revenue $9,081
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
- 86-0909286
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25Z)
- Assets (IRS master file)
- $667,654
- Income (IRS master file)
- $1,265,752
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,226,306 | $1,409,920 | $667,654 | IRS |
| 990 | June 2024 | $1,446,406 | $1,450,071 | $1,106,715 | XML |
| 990 | June 2023 | $1,393,781 | $1,518,391 | $1,336,148 | XML |
| 990 | June 2022 | $1,350,161 | $1,274,233 | $359,671 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 86-0909286).
Questions about PHOENIX SCHOOL OF ACADEMIC EXCELLENCE
- What is the EIN of PHOENIX SCHOOL OF ACADEMIC EXCELLENCE?
- The employer identification number (EIN) of PHOENIX SCHOOL OF ACADEMIC EXCELLENCE is 86-0909286.
- Is PHOENIX SCHOOL OF ACADEMIC EXCELLENCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to PHOENIX SCHOOL OF ACADEMIC EXCELLENCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHOENIX SCHOOL OF ACADEMIC EXCELLENCE 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 SCHOOL OF ACADEMIC EXCELLENCE 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 SCHOOL OF ACADEMIC EXCELLENCE 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 SCHOOL OF ACADEMIC EXCELLENCE?
- The 990 for the year ended June 30, 2025 names Nate Palma.
- Who are the officers and directors of PHOENIX SCHOOL OF ACADEMIC EXCELLENCE?
- The 990 for the year ended June 30, 2025 lists 6 people; 3 received compensation from the organization, the highest $99,808 (Nate Palma, Board President/Exec Director).
- How much revenue does PHOENIX SCHOOL OF ACADEMIC EXCELLENCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,226,306, expenses of $1,409,920 and total assets of $667,654 at year end.
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