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Education : Education Policy and Reform

Philadelphia Academies Inc.

Connecting students to industry and industry to schools

three stars

83.11

1401 Walnut Street 9th Floor
Philadelphia, PA 19102
tel: (215) 546-6300   Web Site
EIN: 22-2442433

Board Leadership
Mary Krick
Chairperson

CEO
Jay Vazquez
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 83.11 three stars
  Financial 77.50 two stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Philadelphia Academies, Inc. designs and implements industry informed, career-connected learning strategies for schools that position young people for success in post-secondary education and the workforce.

Philadelphia Academies, Inc. (PAI) was founded in 1969 to address the dropout crisis plaguing Philadelphia schools. The initial thrust of PAI's work was on implementation and management of Career Academies, a specific model of career-connected learning created by PAI's founders that has since been put into action in over 8,000 schools nationally. While still providing technical assistance in implementing the Academy Model, PAI has now created a more diverse portfolio of career-connected services offered outside the Academy framework that provide varying levels of engagement and structure: Work-Based Learning, Career Pathways and Pre-Apprenticeship Programs.

PAI envisions a world where all young people have the skills, resources and networks to reach their full potential.

Philadelphia Academies, Inc. designs and implements industry informed, career-connected learning strategies for schools that position young people for success in post-secondary education and the workforce.

Philadelphia Academies, Inc. (PAI) was founded in 1969 to address the dropout crisis plaguing Philadelphia schools. The initial thrust of PAI's work was on implementation and management of Career Academies, a specific model of career-connected learning created by PAI's founders that has since been put into action in over 8,000 schools nationally. While still providing technical assistance in implementing the Academy Model, PAI has now created a more diverse portfolio of career-connected services offered outside the Academy framework that provide varying levels of engagement and structure: Work-Based Learning, Career Pathways and Pre-Apprenticeship Programs.

PAI envisions a world where all young people have the skills, resources and networks to reach their full potential.

Impact Information

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Financial

two stars

77.50

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.1%
  Administrative Expenses 8.1%
  Fundraising Expenses 4.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.23
  Program Expenses Growth -10.4%
  Liabilities to Assets 32.1%
All data for Financial Performance Metrics calculations was provided by Philadelphia Academies Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Philadelphia Academies Inc. on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Philadelphia Academies Inc. (PA) 83.11 three stars
Teach Plus Incorporated (MA) 89.22 three stars
Andre Agassi Foundation for Education (NV) 88.28 three stars
Center for Education Reform (DC) 89.12 three stars
League of Education Voters Foundation (WA) 90.21 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,427,032
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,427,032
   Program Service Revenue $0
Total Primary Revenue $1,427,032
   Other Revenue $65,634
TOTAL REVENUE $1,492,666
   
EXPENSES  
   Program Expenses $2,084,148
   Administrative Expenses $237,115
   Fundraising Expenses $89,407
TOTAL FUNCTIONAL EXPENSES $2,410,670
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-918,004
   
Net Assets $710,120

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Academies $1,865,902 89.5%
Scholarship Funds $99,088 4.8%
Digital On-Ramps $83,324 4.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 06/01/2018 83.11 three stars
2016-06 10/01/2017 82.32 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 22-2442433
Name in IRS Master File THE PHILADELPHIA ACADEMIES INC
NTEE Code B30
NTEE Classification Vocational, Technical Schools
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1983
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$97,141 4.02% Jay Vazquez President
Other Salaries of Note
$82,183 3.40% Lisa Nutter Former President

Highly Rated

Charity Name & State Overall Score Overall Rating
Philadelphia Academies Inc. (PA) 83.11 three stars
Houston A+ Challenge (TX) 90.95 four stars
Intercollegiate Studies Institute (DE) 94.89 four stars
Pinellas Education Foundation (FL) 93.39 four stars
The NEA Foundation (DC) 94.37 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Philadelphia Academies Inc.
1401 Walnut Street
9th Floor
Philadelphia, PA 19102
tel: (215) 546-6300
fax: (215) 546-9174
EIN: 22-2442433

Visit Web Site

Board Leadership

Mary Krick
Chairperson

CEO

Jay Vazquez
President, CEO

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