Phase 4 Learning Center Inc

EIN: 161680512 501(c)(3) Education

Pittsburgh, PA

Total Revenue
$4,006,694
Total Expenses
$3,614,959
Total Assets
$3,211,732
Net Assets
$3,206,603
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
PA
Principal Officer
Terrie Suica-Reed
Tax Period
2023-07-01 to 2024-06-30

Phase 4 Learning Center Inc, founded in 2003, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $3.6M left a modest 10% surplus.

Mission

To establish partnerships with employers, higher education programs, the US Military and community organizations to meet the needs of the regions employment sectors by preparing and connecting PHASE 4s participants to the appropriate career path. To support veterans and address community violence.

Program Service Accomplishments

Program 1
Expenses: $3,368,130

Alternative Education Program This program serves at-risk students from grades 7-12, addressing the academic, social, behavioral and future needs of each individual student. Enrolled students from...

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Alternative Education Program This program serves at-risk students from grades 7-12, addressing the academic, social, behavioral and future needs of each individual student. Enrolled students from multiple districts attend classes at Phase 4 schools to complete required high school coursework. Diploma Retrieval Program This program targets those students who have withdrawn from school and choose to return in order to earn their high school diploma and prepare for their futures. Diploma retrieval students are approved by the district to receive a diploma upon completion of required coursework. Learn and Earn Helps economically disadvantaged youth find summer work. Summer School Credit recovery program. Phase 4 provides career preparedness training including mentoring, job-site readiness, internships and job placements. Establishes partnerships with employers, higher education programs, the US Military and community organizations to meet the needs of the regions employment sectors by preparing and connecting Phase 4s participants to the appropriate career path.

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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 (2023)

Revenue Breakdown

Contributions & Grants $868,744
Program Service Revenue $3,117,429
Investment Income $0
Other Revenue $20,521
TOTAL REVENUE $4,006,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,475,158
Fundraising Expenses $2,500
Program Expenses $3,368,130
Other Expenses $1,139,801
TOTAL EXPENSES $3,614,959

Year-over-Year Comparison

2023 2022 Change
Revenue $4,006,694 $4,325,526 -0.1%
Expenses $3,614,959 $3,793,131 0.0%
Net Income $391,735 $532,395 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
38
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
2
$294,250
Total Directors
5
$294,250
Key Employees
2
$294,250
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terrie Suica-Reed Executive Director 070.00
Officer Director Key Emp Highest
$294,250 $0 $294,250
Catherine Mickolay Vice President 004.00
Officer Director Key Emp
$0 $0 $0
Robert Kepics Member 004.00
Director
$0 $0 $0
Benito Rivera Member 004.00
Director
$0 $0 $0
Jack Finnegan Member 004.00
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 No data No data No data No data
2024 $4,006,694 $3,614,959 $3,211,732 $391,735
2023 $4,325,526 $3,793,131 $2,864,858 $532,395
2023 $4,328,391 $3,854,672 $2,806,182 $473,719
2022 $4,137,705 $3,443,256 $2,359,939 $694,449
2021 $2,934,273 $2,937,185 $1,994,938 $-2,912
2020 $3,124,540 $3,097,845 $1,981,167 $26,695
2019 $2,374,130 $2,609,006 $1,616,925 $-234,876
2018 $3,039,199 $2,678,427 $1,844,513 $360,772
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