2020-02-08T08:03:25-06:00 2019-06-30 WITHUMSMITHBROWN PC TWO LOGAN SQ STE 2001 18THARCH ST PHILADELPHIA PA 191032726 990 2018-07-01 222442433 Philadelphia Academies Inc % ILENE MERLINO PHIL 2155466300 1401 WALNUT STREET 9th FL Philadelphia PA 19102 JAY VAZQUEZ PRESIDENT & CEO 2155466300 2020-02-07 true ERIC M STRAUSS P00991844 2155462140 73.198.25.197 22006220200395000006 2020-02-08 P 0D2B67B4A5F290E92ECEC7DD76186655FBEF507B 0D2B67B4A5F290E92ECEC7DD76186655FBEF507B 2018 2020-09-23 17:36:50Z Jay Vazquez 1401 WALNUT STREET 9th FL PHILADELPHIA PA 19102 1854086 false X www.academiesinc.org X 1982 PA TO DESIGN AND IMPLEMENT INDUSTRY INFORMED CAREER-CONNECTED LEARNING STRATEGIES FOR SCHOOLS THAT POSITION YOUNG PEOPLE FOR SUCCESS IN POST-SECONDARY EDUCATION AND THE WORKFORCE. 20 19 23 300 0 0 1643955 1776241 0 0 6378 3197 27341 33962 1677674 1813400 0 0 0 0 1294794 1169355 0 0 191662 690004 778558 1984798 1947913 -307124 -134513 679161 657130 284355 396837 394806 260293 X THE MISSION OF PHILADELPHIA ACADEMIES, INC. IS TO DESIGN AND IMPLEMENT INDUSTRY INFORMED, CAREER-CONNECTED LEARNING STRATEGIES FOR SCHOOLS THAT POSITION YOUNG PEOPLE FOR SUCCESS IN POST-SECONDARY EDUCATION AND THE WORKFORCE. CONTINUED ON ATTACHMENT 1... false false 1504728 CAREER CONNECTED LEARNING Philadelphia Academies, Inc. (PAI) has a number of initiatives housed under our Career-Connected Programs. PAI supports schools implementing the Career Academy Model, an approach that schedules students and teachers in small learning communities around a specific career pathway. PAI supports Career Pathway development, providing assistance to schools in program design, implementation and evaluation, as well as industry organizing and relationship management. Work-Based Learning programs, including PAIs Hospitality Initiative, provide students with sets of scaffolded real-world experiences to foster career exposure, awareness, preparation and training. Bridge Programming creates a bridge from school to work by preparing students with the skills needed to successfully enter the workforce, continue their education, or join an apprenticeship program after graduation. Data Supports and Freshman Success initiatives focus on increasing the effectiveness of teachers use of data to support students, as well as building a strong 9th grade foundation through Freshman Academies to ensure high school success. 56872 SCHOLARSHIPS & CLASSROOM RESOURCES THE PHILADELPHIA ACADEMIES, INC. HAS FIVE FUNDS FROM WHICH IT AWARDS SCHOLARSHIPS FOR POST-SECONDARY EDUCATION TO GRADUATING SENIORS. THE RICHARD H. DELONE MEMORIAL FUND WAS ESTABLISHED IN HONOR OF RICHARD H. DELONE, WHO DEVOTED HIS LIFE TO IMPROVING PUBLIC EDUCATION IN PHILADELPHIA AND THE NATION THROUGH ADVOCACY,CONSULTING, AND ADVISING. HE WAS TIRELESS IN HIS EFFORTS TO HELP YOUNG PEOPLE MAKE SUCCESSFUL TRANSITIONS FROM SCHOOL TO WORK. THE SCHOLARSHIP IS AWARDED TO ONE (1) STUDENT WHO HAS SHOWN ACADEMIC IMPROVEMENT OVER THREE YEARS IN THE ACADEMY AND WHO HAS CONTRIBUTED SERVICE TO THE COMMUNITY OR SCHOOL. THE SCHOLARSHIP IS AWARDED IN THE AMOUNT OF $4,800 OVER FOUR YEARS. THE PETER J. MERLINO ACHIEVEMENT AWARD IS IN MEMORY OF A FORMER ACADEMY COORDINATOR OF THE ACADEMY OF THE FITNESS, HEALTH PROMOTIONS & SPORTS EDUCATION AT BENJAMIN FRANKLIN HIGH SCHOOL. HE WAS THE DEVOTED HUSBAND OF OUR DIRECTOR OF FINANCE, ILENE G. MERLINO, AS WELL AS A FATHER AND TEACHER. HE WAS DEDICATED TO HELPING STUDENTS ACHIEVE. THE SCHOLARSHIP IS FOR $1,250 OVER FOUR YEARS. THE CLINTON GIBSON MEMORIAL SCHOLARSHIP IS IN MEMORY OF MR. GIBSON, WHO WAS A DIRECTOR ON THE PHILADELPHIA ACADEMIES, INC. BOARD. UPON HIS DEATH, HE PLACED A CODICIL IN HIS WILL FOR A SCHOLARSHIP FUND TO BE SET UP IN HIS MEMORY. THE AMOUNT OF THIS SCHOLARSHIP IS $750 AND DISTRIBUTED IN ONE LUMP SUM. THE JUSTIN W. GRIFFITHS MEMORIAL SCHOLARSHIP AWARD IS IN MEMORY OF THE SON OF FORMER ACADEMIES BOARD MEMBER, JEFFREY W. GRIFFITHS. JUSTIN GRADUATED FROM THE UNIVERSITY OF DELAWARE WITH A DEGREE IN FINANCE IN 2012 AND FOLLOWED HIS DREAM TO START A CAREER ON WALL STREET. JUSTIN PUT HIS HEART INTO EVERYTHING HE ACCOMPLISHED FROM HIS FRIENDSHIPS TO HIS CAREER. HE WILL ALWAYS BE REMEMBERED FOR HIS COMPASSIONATE AND CARING NATURE. TO JUSTIN, SUCCESS WAS IN HELPING THOSE AROUND HIM TO REACH THEIR GOALS AND OFFER CEASELESS SUPPORT. THE SCHOLARSHIP IS FOR $4,000 OVER FOUR YEARS. THE BENJAMIN FRANKLIN SCHOLARSHIP FUND, ESTABLISHED BY BENJAMIN FRANKLIN'S WILL IN 1790, IS A TRUST FUND ADMINISTERED THROUGH THE PHILADELPHIA FOUNDATION AND AWARDED TO THE PHILADELPHIA ACADEMIES, INC. ITS GOAL IS TO PROVIDE SCHOLARSHIPS AND CLASSROOM RESOURCES TO: o (60% MINIMUM) FOR ACADEMY STUDENTS SEEKING POST-SECONDARY EDUCATION IN THE TRADES, CRAFTS AND APPLIED SCIENCE FIELDS. THE FOUNDATION WORKS WITH ACADEMY PROGRAMS WITHIN THIS CRITERIA. THE SCHOLARSHIPS WILL ASSIST STUDENTS WHO NEED FINANCIAL AID TO OBTAIN POST-SECONDARY EDUCATION. THE AWARD AMOUNTS VARY PER STUDENT. o (40% MAXIMUM) FOR ACADEMY PROGRAMS TO AUGMENT THEIR TEACHING RESOURCES BY THE PURCHASE OF EQUIPMENT, TEACHING MATERIALS, SPECIAL SUPPLIES, ETC THAT WOULD ENHANCE THE QUALITY OF EDUCATION THAT THEY ALREADY PROVIDE IN THE CRAFTS, TRADES AND APPLIED SCIENCES. 1561600 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 4 0 true 23 true false false false false false true true false false false false false false false false X 20 19 false false false false false false false true true false false true true true true true true true true false PA X ILENE MERLINO 2155466300 1401 WALNUT STREET 9TH FL PHILADELPHIA PA 19102 MARY KRICK CHAIRPERSON 1.0 0.0 X X 0 0 0 DAVID CLAYTON MEMBER 1.0 0.0 X 0 0 0 JOHN W MUCHA TREASURER 1.0 0.0 X X 0 0 0 TRACEY IVEY MEMBER 1.0 0.0 X 0 0 0 DR FRANK LINNEHAN MEMBER 1.0 0.0 X 0 0 0 STEPHEN J RAUSCHER MEMBER 1.0 0.0 X 0 0 0 BRETT MAYFIELD MEMBER 1.0 0.0 X 0 0 0 CHERYL FELDMAN MEMBER 1.0 0.0 X 0 0 0 JERRY T JORDAN MEMBER 1.0 0.0 X 0 0 0 TIFFANY NEWMUIS MEMBER 1.0 0.0 X 0 0 0 DEE PHILLIPS MEMBER 1.0 0.0 X 0 0 0 V AMANDA WITTS MEMBER 1.0 0.0 X 0 0 0 PATRICK EIDING MEMBER 1.0 0.0 X 0 0 0 JAY VAZQUEZ PRESIDENT & CEO 50.0 0.0 X X 113977 0 32478 JOHN CLAYTON MEMBER 1.0 0.0 X 0 0 0 KRISTEN GIBBONS FEDEN MEMBER 1.0 0.0 X 0 0 0 DANIEL KEITH MEMBER 1.0 0.0 X 0 0 0 SLYVESTER MOBLEY MEMBER 1.0 0.0 X 0 0 0 DR CHAE SWEET MEMBER 1.0 0.0 X 0 0 0 RONALD BERNAL MEBMBER 1.0 0.0 X 0 0 0 ILENE MERLINO DIR OF FINANCE & ADMIN 50.0 0.0 X 86357 0 24676 STEPHANIE SMITH DIR OF BUSINESS PARTNERSHIPS 50.0 0.0 X 77529 0 22297 277863 0 79451 1 false false false 0 X 204718 1571523 1776241 0 3197 3197 0 0 17715 17715 0 17715 0 40686 40686 0 0 0 0 0 0 EARNED REVENUE 900099 16247 16247 1813400 3197 0 0 0 0 257486 201401 28811 27274 0 736982 566051 93038 77893 22014 18308 1356 2350 63995 53223 3942 6830 88878 73916 5475 9487 0 0 47474 36267 2509 8698 0 0 0 162547 124176 8589 29782 0 25893 17570 5140 3183 18405 14060 973 3372 0 188760 142630 30654 15476 64899 59153 3707 2039 0 0 0 0 8993 6160 1883 950 17480 11973 3660 1847 CLASSROOM MATERIALS 61794 61794 COMMUNICATIONS 19722 15558 2767 1397 SCHOLARSHIPS/APPRENTICESHIPS 90255 90255 STUDENT ACTIVITIES 62079 62079 10257 7026 2147 1084 1947913 1561600 194651 191662 X 330517 285254 0 0 159952 170724 0 0 0 0 0 0 0 0 0 0 36692 64533 68510 55070 22433 13440 129567 123179 0 0 0 0 0 0 0 0 679161 657130 183149 195631 0 0 0 0 0 0 0 0 0 0 0 0 101206 201206 0 0 284355 396837 X -3609 -165048 398415 425341 0 0 394806 260293 679161 657130 -134513 X false true X true false X 2371124 3002035 1427032 1671296 1776242 10247729 0 0 2371124 3002035 1427032 1671296 1776242 10247729 0 10247729 5535 679 19359 6378 3197 35148 0 179 33962 34141 10317018 0.99328 0.98970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68510 55070 13440 13440 0 0 X 1813400 1813400 1813400 1947913 1947913 1947913 SCHEDULE D, PART X, LINE 2 Philadelphia Academies, Inc. is exempt from Federal income taxes under Section 501 (c)(3) of the Internal Revenue Code. The entity is subject to certain taxes under the Tax Cut and Jobs Act. However, the entity did not incur any such taxes and, therefore the financial statements do not reflect a provision for Federal income taxes. The Academies adopted the pronouncement related to income taxes effective July 1, 2009 and there were no uncertain tax positions at the date of adoption or at June 30, 2019 and 2018. In addition, Academies has no income tax related penalties or interest for the periods reported in these financial statements. THE PROM 245404 204718 40686 30718 2723 7245 0 245404 204718 40686 30718 2723 7245 40686 FORM 990, PART III,ITEM 1 Since 1969, Philadelphia Academies has partnered with Philadelphia Schools and local businesses to transform students experiences through relevant career-connected learning that makes them ready for both college and career. Now, rooted in our founders principles, we look to the future and move to the next stage of organizational growth. We are excited to expand beyond just Career Academies to also provide career-connected learning through Work-Based Learning Strategies, Career Pathway Development, and Pre-Apprenticeship Bridge Programs, as well as Data Supports, Freshman Success services, and the creation of a full K-12 grade career-connected continuum, as we work to provide opportunities not just to high school students but elementary schools as well; and to solicit and expend funds to develop additional educational programs for the Academies. FORM 990, PART VI, SECTION B, LINE 15B Staff are reviewed based on our Performance Management Process. This process was implemented in July 2008 and is maintained in each staff members personnel file. The Management Team (key employees) are reviewed by the CEO with written documentation of such. The Chairperson, along with members of the Executive Committee review the CEO's performance and compensation is determined by them with written notice to the Director of Finance and Administration. FORM 990, PART VI, SECTION B, LINE 11B The 990 is reviewed by both the treasurer of the board (on behalf of the board) and management before it is finalized and filed. Once finalized the 990 is given to each member of the Board of Directors. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH PHILADELPHIA ACADEMIES MANAGEMENT AND THE BOARD OF DIRECTORS MEMBERS. THESE INDIVIDUALS ARE ASKED TO DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 PHILADELPHIA ACADEMIES, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.