PHOENIX ACADEMY FOUNDATION INC
Cite this
Plain text PHOENIX ACADEMY FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2013–2017. https://furp.org/org/phoenix-academy-foundation-inc-611705253. Retrieved 2026-10-25.
APA furp.org. (n.d.). PHOENIX ACADEMY FOUNDATION INC [Nonprofit organization profile; tax years 2013–2017]. Retrieved October 25, 2026, from https://furp.org/org/phoenix-academy-foundation-inc-611705253
MLA “PHOENIX ACADEMY FOUNDATION INC.” furp.org, tax years 2013–2017, https://furp.org/org/phoenix-academy-foundation-inc-611705253. Accessed 25 Oct. 2026.
Retrieved 2026-10-25; covers tax years 2013–2017. Data: furp.org, CC BY 4.0.
2017 · Form 990 · revenue $1.7M · expenses $2.8M · assets $30.6M
- EIN
- 61-1705253
- Address
- 7851 CLINARD FARMS RD, HIGH POINT, NC 27265-9104
- NTEE code
- B11
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- April 2024 (when the IRS recognized its exemption)
- IRS status
- Exempt: reinstated November 15, 2021 after an automatic revocation on November 15, 2021 IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (supporting organization) Pub 78 ↗
- Foundation status
- Supporting organization, type i
- Cross-check
- ProPublica Nonprofit Explorer
Mission
TO SUPPORT THE ACTIVITIES OF PHOENIX ACADEMY, INC. BY PROVIDING SCHOOL FACILITIES THROUGH LEASE AND SUBLEASE ARRANGEMENTS FOR SCHOOL EVENTS.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 8 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
8 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Perry Flynn | VICE CHAIRMAN | 2013-2017 | 1 | $0 reported | 2 |
| Paul Norcross | Chairman | 2013-2017 | 10 | $0 reported | 3 |
| Joel Palma | Treasurer | 2015-2017 | 1 | $0 reported | 2 |
| Seth Tyler Haymore | Director | 2017 | 1 | $0 reported | 1 |
| Kimberly Norcross (former) | SECRETARY / DIRECTOR | 2014-2015 | 1 | $0 reported | 3 |
| Janet Clifford (former) | DIRECTOR | 2013-2015 | 1 | $0 reported | 1 |
| Barry Kitley (former) | TREASURER / DIRECTOR | 2013-2014 | 1 | $0 reported | 1 |
| Kim Norcross (former) | Secretary / Director | 2013 | 1 | $0 reported | 1 |
People by year
2017 · 4 people listed · none paid · 0 employees · 1 volunteer
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| PAUL NORCROSS | Chairman | 10 | $0 | $0 | $0 | $0 | 3 |
| PERRY FLYNN | VICE CHAIRMAN | 1 | $0 | $0 | $0 | $0 | 2 |
| JOEL PALMA | Treasurer | 1 | $0 | $0 | $0 | $0 | 2 |
| SETH TYLER HAYMORE | Director | 1 | $0 | $0 | $0 | $0 | 1 |
2015 · 5 people listed · none paid · 0 employees · 1 volunteer
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| PAUL NORCROSS | CHAIRMAN / DIRECTOR | 10 | $0 | $0 | $0 | $0 | 3 |
| PERRY FLYNN | VICE CHAIRMAN / DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| JOEL PALMA | TREASURER / DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| KIMBERLY NORCROSS | SECRETARY / DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| JANET CLIFFORD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2014 · 5 people listed · none paid · 0 employees · 1 volunteer
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| PAUL NORCROSS | CHAIRMAN / DIRECTOR | 10 | $0 | $0 | $0 | $0 | 3 |
| PERRY FLYNN | VICE CHAIRMAN / DIRECTOR | 1 | $0 | $0 | $0 | $0 | 2 |
| BARRY KITLEY | TREASURER / DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| KIMBERLY NORCROSS | SECRETARY / DIRECTOR | 1 | $0 | $0 | $0 | $0 | 3 |
| JANET CLIFFORD | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
2013 · 5 people listed · none paid · 0 employees · 1 volunteer
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| PAUL NORCROSS | Chairman / Director | 10 | $0 | $0 | $0 | $0 | 3 |
| PERRY FLYNN | Vice Chairman / Director | 1 | $0 | $0 | $0 | $0 | 2 |
| BARRY KITLEY | Treasurer / Director | 1 | $0 | $0 | $0 | $0 | 1 |
| KIM NORCROSS | Secretary / Director | 1 | $0 | $0 | $0 | $0 | 1 |
| JANET CLIFFORD | Director | 1 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2015 · 2 grants to organizations · $52K
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2017 · Form 990 | ||||||||
| $1,736,201 | $2,793,457 | $30,619,175 | -$682,189 | $0 | $1,736,201 | $0 | 0 | 1 |
| 2015 · Form 990 | ||||||||
| $495,606 | $233,910 | $520,459 | $378,193 | $87,600 | $41,150 | $0 | 0 | 1 |
| 2014 · Form 990 | ||||||||
| $1,155,347 | $1,095,762 | $582,489 | $116,497 | $0 | $851,425 | $0 | 0 | 1 |
| 2013 · Form 990 | ||||||||
| $728,830 | $656,319 | $1,877,288 | $56,912 | $0 | $728,830 | - | 0 | 1 |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- PHOENIX ACADEMY INC High Point, NC · 3 people in common (Joel Palma, Paul Norcross, Perry Flynn) · related organization (Schedule R)
- RJB EDUCATION EQUITY FOUNDATION High Point, NC · 1 person in common (Paul Norcross)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| UNION ACADEMY FOUNDATION | NC | B11 | $1,655,350 | $1,439,479 | EXECUTIVE DIRECTOR | $75,935 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| SOCRATES ACADEMY FOUNDATION INC | NC | B11 | $2,469,798 | $2,709,528 | Chair | $0 | Same NTEE code B11, revenue within 2x, same state, similar name |
| RIVERSIDE LEADERSHIP ACADEMY FOUNDATION | NC | B11 | $1,028,321 | $3,635,180 | CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| ENO RIVER ACADEMY HOLDINGS INC | NC | B11 | $1,250,234 | $1,475,229 | EXECUTIVE DIRECTOR | $128,851 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| CMS FOUNDATION | NC | B11 | $3,378,391 | $2,170,690 | SUPERINTENDENT | $448,443 | Same NTEE code B11, revenue within 2x, same state |
| RALEIGH CHARTER HIGH SCHOOL FOUNDATION INC | NC | B11 | $1,332,296 | $1,114,585 | ASSISTANT TREASURER | $156,435 | Same NTEE code B11, revenue within 2x, same state |
| OAK RIDGE FOUNDATION INCORPORATED | NC | B11 | $3,307,820 | $3,669,465 | ADMISSIONS DIRECTOR | $156,814 | Same NTEE code B11, revenue within 2x, same state |
| MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION | NC | B11 | $2,578,223 | $2,825,680 | Chair | $0 | Same NTEE code B11, revenue within 2x, same state |
| HERTFORD COUNTY EDUCATIONAL FOUNDATION INC | NC | B11 | $2,732,492 | $2,474,508 | VICE CHAIRMA | $0 | Same NTEE code B11, revenue within 2x, same state |
| ENDEAVOR CHARTER SCHOOL FOUNDATION INC | NC | B11 | $965,188 | $1,331,653 | EXECUTIVE DIRECTOR | $109,661 | Same NTEE code B11, revenue within 2x, same state |
| COLLEGE OF THE ALBEMARLE FOUNDATION INC | NC | B11 | $1,944,247 | $1,180,851 | CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state |
| CROSSNORE SCHOOL CHILDRENS FOUNDATION | NC | B11 | $1,177,782 | $1,810,525 | CEO | $382,476 | Same NTEE code B11, revenue within 2x, same state |
| DURHAM LIBRARY FOUNDATION | NC | B11 | $1,607,668 | $349,803 | EXECUTIVE DIRECTOR | $63,617 | Same NTEE code B11, revenue within 2x, same state |
| AUBREY LEE BROOKS FOUNDATION | NC | B11 | $2,712,917 | $1,172,032 | TRUSTEE | $0 | Same NTEE code B11, revenue within 2x, same state |
| CENTRAL PARK SCHOOL FOR CHILDREN FOUNDATION | NC | B11 | $1,444,821 | $1,052,123 | President | $0 | Same NTEE code B11, revenue within 2x, same state |
| CENTRAL CAROLINA COMMUNITY COLLEGE FOUNDATION INC | NC | B11 | $2,050,099 | $1,142,623 | EXECUTIVE DIRECTOR | $97,843 | Same NTEE code B11, revenue within 2x, same state |
| GUILFORD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC | NC | B11 | $2,928,708 | $1,744,840 | SECRETARY | $319,324 | Same NTEE code B11, revenue within 2x, same state |
| WESTERN NORTH CAROLINA REGIONAL EDUCATION FOUNDATION | NC | B11 | $2,247,661 | $2,146,551 | EXECUTIVE DIRECTOR | $95,000 | Same NTEE code B11, revenue within 2x, same state |
| MAYLAND COMMUNITY COLLEGE FOUNDATION | NC | B11 | $1,770,463 | $5,504,093 | MCC President | $315,021 | Same NTEE code B11, revenue within 2x, same state |
| SHINING ROCK CLASSICAL ACADEMY HOLDINGS | NC | B11 | $2,263,122 | $1,864,827 | CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state |
| TELRA SUPPORTING ORGANIZATION INC | NC | B11 | $2,156,598 | $4,066,363 | CEO | $122,463 | Same NTEE code B11, revenue within 2x, same state |
| CHARLOTTE MECKLENBURG LIBRARY FOUNDATION | NC | B11 | $3,194,892 | $34,169,698 | DIRECTOR | $321,785 | Same NTEE code B11, revenue within 2x, same state |
| AGGIE ATHLETIC FOUNDATION OF NORTH CAROLINA A&T STATE UNIVERSIT | NC | B11 | $1,894,849 | $1,484,451 | Executive Director | $101,764 | Same NTEE code B11, revenue within 2x, same state |
| THE UNIVERSITY OF MOUNT OLIVE FOUNDAITON | NC | B11 | $979,790 | $862,371 | BOARD MEMBER | $350,004 | Same NTEE code B11, revenue within 2x, same state |
| R J REYNOLDS HOME FIELD ADVANTAGE INC | NC | B11 | $3,215,305 | $93,942 | President | $0 | Same NTEE code B11, revenue within 2x, same state |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2017 · Form 990 · $2,793,457 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $1,736,201 | $1,736,201 | - | - | 62.2% | |
| Depreciation and depletion | $689,976 | $689,976 | - | - | 24.7% | |
| Other (as described) | BOND COSTS-OTHER | $281,903 | $281,903 | - | - | 10.1% |
| Other (as described) | BOND ISSUANCE FEES | $82,313 | $82,313 | - | - | 2.9% |
| Fees: accounting | $2,576 | - | $2,576 | - | 0.1% | |
| Other (as described) | BANK CHARGES | $394 | - | $394 | - | 0.0% |
| Other (as described) | SUPPLIES | $93 | $93 | - | - | 0.0% |
| All other expenses | $1 | $1 | - | - | 0.0% | |
| Total | $2,793,457 | 100% |
2015 · Form 990 · $233,910 spent · pay $0 · grants $52,216 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Depreciation and depletion | $96,810 | $96,810 | - | - | 41.4% | |
| Grants to US organizations and governments | $52,216 | $52,216 | - | - | 22.3% | |
| Other (as described) | SAMET SETTLEMENT | $52,000 | $52,000 | - | - | 22.2% |
| Fees: other services | $10,170 | $10,170 | - | - | 4.3% | |
| Fees: accounting | $9,159 | $9,159 | - | - | 3.9% | |
| Interest | $7,933 | $7,933 | - | - | 3.4% | |
| Fees: legal | $3,285 | $3,285 | - | - | 1.4% | |
| Other (as described) | MISCELLANEOUS | $2,277 | $2,277 | - | - | 1.0% |
| Office expenses | $60 | $60 | - | - | 0.0% | |
| Total | $233,910 | 100% |
2014 · Form 990 · $1,095,762 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Occupancy | $916,595 | $916,595 | - | - | 83.6% | |
| Depreciation and depletion | $101,917 | $101,917 | - | - | 9.3% | |
| Interest | $47,384 | $47,384 | - | - | 4.3% | |
| Fees: legal | $21,027 | $21,027 | - | - | 1.9% | |
| Advertising and promotion | $5,333 | $5,333 | - | - | 0.5% | |
| Fees: accounting | $2,181 | $2,181 | - | - | 0.2% | |
| Office expenses | $1,325 | $1,325 | - | - | 0.1% | |
| Total | $1,095,762 | 100% |
2013 · Form 990 · $656,319 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Occupancy | $574,025 | $574,025 | $0 | $0 | 87.5% | |
| Depreciation and depletion | $41,464 | $41,464 | $0 | $0 | 6.3% | |
| Interest | $26,096 | $26,096 | $0 | $0 | 4.0% | |
| Fees: legal | $8,057 | $8,057 | $0 | $0 | 1.2% | |
| All other expenses | $4,301 | $850 | $3,451 | $0 | 0.7% | |
| Fees: accounting | $1,800 | $1,800 | $0 | $0 | 0.3% | |
| Insurance | $576 | $0 | $576 | $0 | 0.1% | |
| Total | $656,319 | 100% |
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