PHOENIX ACADEMY FOUNDATION INC

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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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Perry Flynn VICE CHAIRMAN2013-2017 1 $0 reported 2
Paul Norcross Chairman2013-2017 10 $0 reported 3
Joel Palma Treasurer2015-2017 1 $0 reported 2
Seth Tyler Haymore Director2017 1 $0 reported 1
Kimberly Norcross (former) SECRETARY / DIRECTOR2014-2015 1 $0 reported 3
Janet Clifford (former) DIRECTOR2013-2015 1 $0 reported 1
Barry Kitley (former) TREASURER / DIRECTOR2013-2014 1 $0 reported 1
Kim Norcross (former) Secretary / Director2013 1 $0 reported 1

People by year

2017 · 4 people listed · none paid · 0 employees · 1 volunteer
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PAUL NORCROSS Chairman10 $0$0$0 $03
PERRY FLYNN VICE CHAIRMAN1 $0$0$0 $02
JOEL PALMA Treasurer1 $0$0$0 $02
SETH TYLER HAYMORE Director1 $0$0$0 $01
2015 · 5 people listed · none paid · 0 employees · 1 volunteer
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PAUL NORCROSS CHAIRMAN / DIRECTOR10 $0$0$0 $03
PERRY FLYNN VICE CHAIRMAN / DIRECTOR1 $0$0$0 $02
JOEL PALMA TREASURER / DIRECTOR1 $0$0$0 $02
KIMBERLY NORCROSS SECRETARY / DIRECTOR1 $0$0$0 $03
JANET CLIFFORD DIRECTOR1 $0$0$0 $01
2014 · 5 people listed · none paid · 0 employees · 1 volunteer
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PAUL NORCROSS CHAIRMAN / DIRECTOR10 $0$0$0 $03
PERRY FLYNN VICE CHAIRMAN / DIRECTOR1 $0$0$0 $02
BARRY KITLEY TREASURER / DIRECTOR1 $0$0$0 $01
KIMBERLY NORCROSS SECRETARY / DIRECTOR1 $0$0$0 $03
JANET CLIFFORD DIRECTOR1 $0$0$0 $01
2013 · 5 people listed · none paid · 0 employees · 1 volunteer
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
PAUL NORCROSS Chairman / Director10 $0$0$0 $03
PERRY FLYNN Vice Chairman / Director1 $0$0$0 $02
BARRY KITLEY Treasurer / Director1 $0$0$0 $01
KIM NORCROSS Secretary / Director1 $0$0$0 $01
JANET CLIFFORD Director1 $0$0$0 $01

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.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2017 · Form 990 period ending 2018-06-30 · view filing · original 990 ↗
$1,736,201$2,793,457 $30,619,175-$682,189 $0$1,736,201 $001
2015 · Form 990 period ending 2016-06-30 · view filing · original 990 ↗
$495,606$233,910 $520,459$378,193 $87,600$41,150 $001
2014 · Form 990 period ending 2015-06-30 · view filing · original 990 ↗
$1,155,347$1,095,762 $582,489$116,497 $0$851,425 $001
2013 · Form 990 period ending 2014-06-30 · view filing · original 990 ↗
$728,830$656,319 $1,877,288$56,912 $0$728,830 -01

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.

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)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
UNION ACADEMY FOUNDATIONNCB11 $1,655,350$1,439,479 EXECUTIVE DIRECTOR$75,935 Same NTEE code B11, revenue within 2x, same state, similar mission
SOCRATES ACADEMY FOUNDATION INCNCB11 $2,469,798$2,709,528 Chair$0 Same NTEE code B11, revenue within 2x, same state, similar name
RIVERSIDE LEADERSHIP ACADEMY FOUNDATIONNCB11 $1,028,321$3,635,180 CHAIR$0 Same NTEE code B11, revenue within 2x, same state, similar mission
ENO RIVER ACADEMY HOLDINGS INCNCB11 $1,250,234$1,475,229 EXECUTIVE DIRECTOR$128,851 Same NTEE code B11, revenue within 2x, same state, similar mission
CMS FOUNDATIONNCB11 $3,378,391$2,170,690 SUPERINTENDENT$448,443 Same NTEE code B11, revenue within 2x, same state
RALEIGH CHARTER HIGH SCHOOL FOUNDATION INCNCB11 $1,332,296$1,114,585 ASSISTANT TREASURER$156,435 Same NTEE code B11, revenue within 2x, same state
OAK RIDGE FOUNDATION INCORPORATEDNCB11 $3,307,820$3,669,465 ADMISSIONS DIRECTOR$156,814 Same NTEE code B11, revenue within 2x, same state
MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATIONNCB11 $2,578,223$2,825,680 Chair$0 Same NTEE code B11, revenue within 2x, same state
HERTFORD COUNTY EDUCATIONAL FOUNDATION INCNCB11 $2,732,492$2,474,508 VICE CHAIRMA$0 Same NTEE code B11, revenue within 2x, same state
ENDEAVOR CHARTER SCHOOL FOUNDATION INCNCB11 $965,188$1,331,653 EXECUTIVE DIRECTOR$109,661 Same NTEE code B11, revenue within 2x, same state
COLLEGE OF THE ALBEMARLE FOUNDATION INCNCB11 $1,944,247$1,180,851 CHAIR$0 Same NTEE code B11, revenue within 2x, same state
CROSSNORE SCHOOL CHILDRENS FOUNDATIONNCB11 $1,177,782$1,810,525 CEO$382,476 Same NTEE code B11, revenue within 2x, same state
DURHAM LIBRARY FOUNDATIONNCB11 $1,607,668$349,803 EXECUTIVE DIRECTOR$63,617 Same NTEE code B11, revenue within 2x, same state
AUBREY LEE BROOKS FOUNDATIONNCB11 $2,712,917$1,172,032 TRUSTEE$0 Same NTEE code B11, revenue within 2x, same state
CENTRAL PARK SCHOOL FOR CHILDREN FOUNDATIONNCB11 $1,444,821$1,052,123 President$0 Same NTEE code B11, revenue within 2x, same state
CENTRAL CAROLINA COMMUNITY COLLEGE FOUNDATION INCNCB11 $2,050,099$1,142,623 EXECUTIVE DIRECTOR$97,843 Same NTEE code B11, revenue within 2x, same state
GUILFORD TECHNICAL COMMUNITY COLLEGE FOUNDATION INCNCB11 $2,928,708$1,744,840 SECRETARY$319,324 Same NTEE code B11, revenue within 2x, same state
WESTERN NORTH CAROLINA REGIONAL EDUCATION FOUNDATIONNCB11 $2,247,661$2,146,551 EXECUTIVE DIRECTOR$95,000 Same NTEE code B11, revenue within 2x, same state
MAYLAND COMMUNITY COLLEGE FOUNDATIONNCB11 $1,770,463$5,504,093 MCC President$315,021 Same NTEE code B11, revenue within 2x, same state
SHINING ROCK CLASSICAL ACADEMY HOLDINGSNCB11 $2,263,122$1,864,827 CHAIR$0 Same NTEE code B11, revenue within 2x, same state
TELRA SUPPORTING ORGANIZATION INCNCB11 $2,156,598$4,066,363 CEO$122,463 Same NTEE code B11, revenue within 2x, same state
CHARLOTTE MECKLENBURG LIBRARY FOUNDATIONNCB11 $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 UNIVERSITNCB11 $1,894,849$1,484,451 Executive Director$101,764 Same NTEE code B11, revenue within 2x, same state
THE UNIVERSITY OF MOUNT OLIVE FOUNDAITONNCB11 $979,790$862,371 BOARD MEMBER$350,004 Same NTEE code B11, revenue within 2x, same state
R J REYNOLDS HOME FIELD ADVANTAGE INCNCB11 $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).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
DONOR ADVISED CHARITABLE GIVING DAF sponsor$13,711,684169 412014–2024 R J REYNOLDS HOME FIELD ADVANTAGE INC; MADISON PUBLIC SCHOOLS FOUNDATION INC; RALEIGH CHARTER HIGH SCHOOL FOUNDATION INC; BRIDGE BOSTON FOUNDATION INC and 37 more
NATIONAL PHILANTHROPIC TR DAF sponsor$11,073,78247 212015–2024 THE COLLEGE OF STATEN ISLAND FOUNDATION INC; IISC FOUNDATION; R J REYNOLDS HOME FIELD ADVANTAGE INC; SEASIDE SCHOOL FOUNDATION INC and 17 more
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$10,855,922245 512016–2024 PHOENIX CHARTER ACADEMY FOUNDATION; ALMA DEL MAR FOUNDATION INC; MADISON PUBLIC SCHOOLS FOUNDATION INC; CHARLOTTE MECKLENBURG LIBRARY FOUNDATION and 47 more
FOUNDATION FOR THE CAROLINAS DAF sponsor$6,672,34232 92015–2024 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION; CMS FOUNDATION; R J REYNOLDS HOME FIELD ADVANTAGE INC; UNION ACADEMY FOUNDATION and 5 more
JOHN S AND JAMES L KNIGHT FOUNDATION INC Private foundation$4,260,0005 12019–2024 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION
THE GAMBRELL FOUNDATION Private foundation$3,818,8989 22020–2024 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION; CMS FOUNDATION
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$3,753,037105 322019–2025 CARLMONT ACADEMIC FOUNDATION; PLANO ISD EDUCATION FOUNDATION; CMS FOUNDATION; CANYON CREST ACADEMY FOUNDATION INC and 28 more
JEWISH COMMUNITY FOUNDATION OF GREATER KANSAS CITY DAF sponsor$3,128,10238 12015–2024 UNIVERSITY ACADEMY FOUNDATION
H & B YOUNG FOUNDATION Private foundation$2,702,0149 12017–2024 SLCC FOUNDATION
COMMUNITY FOUNDATION OF NORTH LOUISIANA DAF sponsor$2,693,98515 12010–2024 LSU IN SHREVEPORT FOUNDATION INC
NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor$2,676,21569 162012–2024 NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC; CARMEL EDUCATIONAL FOUNDATION; QUIXOTE FOUNDATION; NORTH IDAHO COLLEGE FOUNDATION INC and 12 more
THE TEPPER FOUNDATION Private foundation$2,525,0002 22019–2024 CHARLOTTE MECKLENBURG LIBRARY FOUNDATION; CMS FOUNDATION
THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC DAF sponsor$1,705,65015 12010–2024 ATLANTA YOUTH ACADEMIES FOUNDATION INC
ORANGE COUNTY COMMUNITY FOUNDATION DAF sponsor$1,636,16016 22012–2024 HIGH SCHOOL INC ACADEMIES FOUNDATION; LINFIELD FOUNDATION INC
BOSTON FOUNDATION INC DAF sponsor$1,615,24843 52009–2024 PHOENIX CHARTER ACADEMY FOUNDATION; CODMAN ACADEMY FOUNDATION; BRIDGE BOSTON FOUNDATION INC; ALMA DEL MAR FOUNDATION INC and 1 more

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
LineAs describedTotalProgramManagementFundraisingShare
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$2,793,457100%

View the filing

2015 · Form 990 · $233,910 spent · pay $0 · grants $52,216 · events $0
LineAs describedTotalProgramManagementFundraisingShare
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$233,910100%

View the filing

2014 · Form 990 · $1,095,762 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
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$1,095,762100%

View the filing

2013 · Form 990 · $656,319 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
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$656,319100%

View the filing

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