PHOENIX ACADEMY FOUNDATION

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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

2013

Legal Domicile

Phone

3368801713

Tax Period

2017-07-01 to 2018-06-30

PHOENIX ACADEMY FOUNDATION, founded in 2013, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2017. Revenue surged 1964% from the prior year, signaling strong growth momentum. Expenses of $2.8M exceeded revenue, resulting in a 61% operating deficit.

Mission

TO SUPPORT THE ACTIVITIES OF PHOENIX ACADEMY, INC. BY PROVIDING SCHOOL FACILITIES THROUGH LEASE AND SUBLEASE ARRANGEMENTS FOR SCHOOL EVENTS.

Program Service Accomplishments

Program 1

Expenses: $2,790,487 Revenue: $1,736,201

LARGEST PORTION OF REVENUE IS FROM LEASE AGREEMENTS WITH PHOENIX ACADEMY, INC.

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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%)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,736,201

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,736,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,790,487

Other Expenses $2,793,457

TOTAL EXPENSES $2,793,457

Year-over-Year Comparison

	2017	2016	Change
Revenue	$1,736,201	$84,101	+19.6%
Expenses	$2,793,457	$87,227	+31.0%
Net Income	$-1,057,256	$-3,126	+337.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL NORCROSS	Chairman	10.00	Officer Director	$0	$0	$0
PERRY FLYNN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOEL PALMA	Treasurer	1.00	Officer Director	$0	$0	$0
SETH TYLER HAYMORE	Director	1.00	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
2018	$1,736,201	$2,793,457	$30,619,175	$-1,057,256