The Phoenix School Inc

EIN: 042738785 501(c)(3)

Salem, MA

Total Revenue
$659,905
Total Expenses
$548,991
Total Assets
$837,539
Net Assets
$549,971
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MA
Phone
9787410870
Tax Period
2024-07-01 to 2025-06-30

The Phoenix School Inc, founded in 1981, is a small nonprofit that reported $660K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $111K, a strong 17% operating margin.

Mission

The mission of the School is to develop global citizens who are compassionate, creative, and technologically proficient individuals in a dynamic and interconnected world.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $96,179
Program Service Revenue $544,641
Investment Income $18,778
Other Revenue $307
TOTAL REVENUE $659,905

Expense Breakdown

Grants Paid $0
Salaries & Benefits $365,389
Fundraising Expenses $10,054
Program Expenses $364,739
Other Expenses $183,602
TOTAL EXPENSES $548,991

Year-over-Year Comparison

2024 2023 Change
Revenue $659,905 $562,076 +0.2%
Expenses $548,991 $451,578 +0.2%
Net Income $110,914 $110,498 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$96,386
Key Employees
1
$96,386
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leslie Levesque Head of School 35.00
Director Key Emp
$87,746 $8,640 $96,386
Michael Chefitz Trustee 0.50
Director
$0 $0 $0
Mike Smith Trustee 0.50
Director
$0 $0 $0
David Liebmann Trustee 1.00
Director
$0 $0 $0
Kyle Wilson Trustee 0.50
Director
$0 $0 $0
Jason Consalvo Treasurer 1.00
Officer Director
$0 $0 $0
Barbara McFall Secretary 2.00
Officer Director
$0 $0 $0
David Beecher President 1.00
Officer Director
$0 $0 $0
Diane Solomon Vice President 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $659,905 $548,991 $837,539 $110,914
2024 $562,076 $451,578 $786,991 $110,498
2023 $564,654 $440,171 $678,040 $124,483
2022 $483,101 $363,170 $446,973 $119,931
2021 $430,492 $314,983 $272,286 $115,509
2020 $347,481 $357,869 $51,514 $-10,388
2019 $455,265 $454,413 $121,328 $852
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