2024-05-14T08:33:30-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2022-07-01 263185485 ENTREPRENEURIAL VENTURES IN EDUCATION INC ENTR 6178181959 1001 MARINA DRIVE 410 QUINCY MA 02171 EARL MARTIN PHALEN FOUNDER 6178181959 2024-05-10 1 EARL MARTIN PHALEN 999009999 0 ANDREW SMITH CPA P01518894 3096714500 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EARL MARTIN PHALEN 1001 MARINA DRIVE 410 QUINCY MA 02171 19415452 0 X WWW.SUMMERADVANTAGE.ORG X 2009 MA TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. TO PROVIDE DIRECT EDUCATIONAL SERVICES, SUCH AS SUMMER LEARNING PROGRAMS. TO WORK WITH ORGANIZATIONS TO RAISE THE ACADEMIC ACHIEVEMENTS AND LIFE OPPORTUNITIES OF CHILDREN. TO WORK WITH PARENTS TO INCREASE THEIR ENGAGEMENT IN THE EDUCATIONAL SUCCESS OF THEIR CHILDREN; AND TO ENGAGE IN OTHER EDUCATIONAL AND CHARITABLE ACTIVITIES RELATED TO THE FOREGOING ACTIVITIES AND PURPOSES. 4 3 863 0 0 0 2734620 3450005 9214447 15965414 385 33 0 0 11949452 19415452 0 0 0 0 13560702 14054389 0 0 1620565 3051053 2647731 16611755 16702120 -4662303 2713332 4012353 8569023 6865867 8709205 -2853514 -140182 X TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. TO PROVIDE DIRECT EDUCATIONAL SERVICES, SUCH AS SUMMER LEARNING PROGRAMS. TO WORK WITH ORGANIZATIONS TO RAISE THE ACADEMIC ACHIEVEMENTS AND LIFE OPPORTUNITIES OF CHILDREN. TO WORK WITH PARENTS TO INCREASE THEIR ENGAGEMENT IN THE EDUCATIONAL SUCCESS OF THEIR CHILDREN; AND TO ENGAGE IN OTHER EDUCATIONAL AND CHARITABLE ACTIVITIES RELATED TO THE FOREGOING ACTIVITIES AND PURPOSES. 0 0 13502487 15965414 TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. 13502487 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 1 863 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MA X X EVA SPILKER 4105983087 386 HARWIN DRIVE SEVERNA PARK MD 21146 DR FERNANDO REIMERS DIRECTOR 5.00 X 0 0 0 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECTOR 40.00 0.80 X X 153510 0 10186 JIM PHALEN DIRECTOR 5.00 X 0 0 0 STEVEN TUCKER DIRECTOR 5.00 X 0 0 0 ANDREA ROBINSON CHIEF ACADEMIC OFFICER 40.00 X 185112 0 0 EVA SPILKER CHIEF FINANCIAL OFFICER 40.00 X 222117 0 14434 NICOLE SCOTT GENERAL COUNSEL 40.00 X 189746 0 96 RUIQUAN JIN CHIEF STRATEGY & DEVELOPMENT OFFICER 40.00 X 185072 0 5115 CHERYL L SHANNON CHIEF GROWTH OFFICER 40.00 X 115901 0 3359 JOANN GAMA CHIEF HUMAN ASSET OFFICER 1.00 40.00 X 0 204312 868 ARELY BENAVIDES CHIEF OPERATING OFFICER 1.00 40.00 X 0 124030 8140 AMBER DECKARD PRESIDENT - SUMMER ADVANTAGE 40.00 X 166724 0 15080 MELISSA MORRIS EXECUTIVE DIRECTOR ACADEMICS 40.00 X 117461 0 11171 JAMES SWIFT VP PLA UNIVERSITY 40.00 X 123208 0 5115 JOSE LUIS DE LEON VP VIRTUAL SCHOOL 40.00 X 123750 0 0 JUSTIN P BLACKSTONE NATIONAL DIRECTOR OF PHILANTHROPY 40.00 X 107353 0 4472 1689954 328342 78036 20 0 1 0 0 3450005 3450005 MANAGEMENT FEES 611110 15965414 15965414 15965414 33 33 19415452 15965414 0 33 12487934 10076437 1198461 1213036 701706 552172 72346 77188 864749 680471 89156 95122 3482 3079 403 914625 719719 94298 100608 98090 77826 9804 10460 249767 196983 25537 27247 1594 1594 399895 314890 41126 43879 28972 22798 2987 3187 107914 91310 8033 8571 MATERIALS & SUPPLIES 312846 259556 25782 27508 STAFF RECRUITMENT 269362 269362 CURRICULUM DEVELOPMENT 98007 98007 PROFESSIONAL DEVELOPMEN 88359 70967 8414 8978 74818 67316 2721 4781 16702120 13502487 1579068 1620565 728706 598684 3283647 7970339 4012353 8569023 5478645 6578232 234675 0 499146 1314665 653401 816308 6865867 8709205 X -2853514 -140182 -2853514 -140182 4012353 8569023 2713332 0 X X 0 1 X 1 0 X 2831878 1747924 4615429 2734620 3450005 15379856 371205 371205 3203083 1747924 4615429 2734620 3450005 15751061 5084927 10666134 61 593 385 33 1072 1500 1500 15753633 41158610 0.67710 0.78650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CREDIT CARDS 12030 PAYROLL LIABILITIES 804278 816308 X 19631056 215604 215604 19415452 0 19415452 16917724 215604 215604 16702120 0 16702120 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. CURRENTLY, THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. 0 0 0 0 0 0 0 0 0 EVA SPILKER CHIEF FINANCIAL OFFICER 221367 0 750 0 0 0 0 0 14434 0 236551 0 0 0 JOANN GAMA CHIEF HUMAN ASSET OFFICER 0 204062 0 250 0 0 0 0 0 868 0 205180 0 0 RUIQUAN JIN CHIEF STRATEGY & DEVELOPMENT OFFICER 184822 0 250 0 0 0 0 0 5115 0 190187 0 0 0 NICOLE SCOTT GENERAL COUNSEL 188996 0 750 0 0 0 0 0 96 0 189842 0 0 0 ANDREA ROBINSON CHIEF ACADEMIC OFFICER 184362 0 750 0 0 0 0 0 0 0 185112 0 0 0 AMBER DECKARD PRESIDENT - SUMMER ADVANTAGE 166474 0 250 0 0 0 0 0 15080 0 181804 0 0 0 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECTOR 153260 0 250 0 0 0 0 0 10186 0 163696 0 0 0 EARL PHALEN FOUNDER WORKING CAPITAL X 498000 389665 0 1 1 EARL PHALEN FOUNDER WORKING CAPITAL X 925000 925000 0 1 1 1314665 FORM 990, PART VI, SECTION A, LINE 2 EARL AND JIM PHALEN ARE BOTH MEMBERS OF THE BOARD OF DIRECTORS AND ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE BOARD REVIEWS THE IRS FORM 990 WITH THE PREPARER AND PROVIDES A COPY TO ALL BOARD MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, KEY EMPLOYEES ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ALL POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO LEGAL COUNSEL TO REVIEW AND DETERMINE IF A CONFLICT DOES EXIST. IF A CONFLICT IS DETERMINED, THE CEO WILL REVIEW. LEGAL COUNSEL CONTINUES TO MONITOR CONFLICTS AND WILL BRING POTENTIAL ISSUES TO THE CEO FOR FURTHER REVIEW. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS DURING THE BUDGET APPROVAL PROCESS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE AT THE MASSACHUSETTS SECRETARY OF STATE WEBSITE. FROM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PHALEN LEADERSHIP ACADEMIES INC 2323 N ILLINOIS ST INDIANAPOLIS IN 46208 364729586 EDUCATION IN 501(C)3 LINE 2 0 PLA UNIVERSITY INC 2323 N ILLINOIS ST INDIANAPOLIS IN 46208 880818946 WORKFORCE DEVELOPMENT JOB TRAINING PROGRAM HELPING ADULTS (18 AND OLDER) IN 501(C)3 LINE 2 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 PHALEN LEADERSHIP ACADEMIES INDIANA INC Q 5146834 COST PHALEN LEADERSHIP ACADEMIES INDIANA INC S 4638597 COST PLA UNIVERSITY INC R 724173 COST