Phoenix Academy Day School
Phoenix Academy Day School shows strong financial growth and zero reported officer compensation.
EIN: 20732028 · Omaha, NE · NTEE: B244 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.5M |
| Transparency Score | 90/100 |
Is Phoenix Academy Day School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phoenix Academy Day School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phoenix Academy Day School
Phoenix Academy Day School (EIN: 20732028) is a nonprofit organization based in Omaha, NE, classified under NTEE code B244. The organization reported total revenue of $2.0M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phoenix Academy Day School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phoenix Academy Day School is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $6.6M |
| Total Liabilities | $65K |
| Net Assets | $6.5M |
| Operating Margin | 60.8% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 50.5 months |
Financial Health Grade: A
In 2023, Phoenix Academy Day School reported a surplus of $2.4M with revenue exceeding expenses, holds 50.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phoenix Academy Day School's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +176.0% | +3.7% | +58.8% |
| 2022 | +9.6% | +11.3% | -1.5% |
| 2021 | +11.2% | -4.7% | -0.3% |
| 2020 | +69.4% | +114.6% | -7.3% |
| 2019 | -45.0% | -49.6% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Phoenix Academy Day School with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Phoenix Academy Day School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Phoenix Academy Day School consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of its size with assets exceeding $6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Phoenix Academy Day School's IRS 990 filings:
- Lack of detailed expense breakdown in summary data (e.g., specific program vs. admin vs. fundraising percentages not provided in the raw data, requiring estimation for breakdown).
Strengths
The following positive indicators were identified for Phoenix Academy Day School:
- Consistent 0% officer compensation across all 13 filings, indicating high efficiency and mission focus.
- Significant asset growth from $1,794,611 in 2014 to $6,578,545 in 2023, demonstrating strong financial management.
- Substantial revenue surplus in the latest filing period (202306: Revenue $3,980,166 vs. Expenses $1,561,752), indicating robust financial health.
- Low liabilities relative to assets, suggesting a healthy balance sheet and low financial risk.
Frequently Asked Questions about Phoenix Academy Day School
Is Phoenix Academy Day School a legitimate charity?
Based on AI analysis of IRS 990 filings, Phoenix Academy Day School (EIN: 20732028) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Phoenix Academy Day School spend its money?
Phoenix Academy Day School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phoenix Academy Day School tax-deductible?
Phoenix Academy Day School is registered as a tax-exempt nonprofit (EIN: 20732028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Phoenix Academy Day School CEO make?
Phoenix Academy Day School's highest-compensated officer earns $6 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Phoenix Academy Day School's spending goes to programs?
Phoenix Academy Day School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phoenix Academy Day School compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Phoenix Academy Day School is above average for NTEE category B244 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phoenix Academy Day School located?
Phoenix Academy Day School is headquartered in Omaha, Nebraska and files with the IRS under EIN 20732028. It is classified under NTEE code B244.
How many years of IRS 990 filings does Phoenix Academy Day School have?
Phoenix Academy Day School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
Is Phoenix Academy Day School a good charity?
Based on the provided financial data, Phoenix Academy Day School appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings. The substantial surplus in the latest period ($3,980,166 revenue vs. $1,561,752 expenses) further supports its financial stability.
How has Phoenix Academy Day School's financial health changed over time?
Phoenix Academy Day School's financial health has significantly improved over time. Assets have grown from $1,794,611 in 2014 to $6,578,545 in 2023. While revenue has fluctuated, the organization has consistently managed expenses, leading to a strong balance sheet and a substantial surplus in its most recent filing period.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all 13 available IRS 990 filings. This indicates that no funds are used for executive salaries, which is a strong positive for donor confidence and resource allocation to programs.
Filing History
IRS 990 filing history for Phoenix Academy Day School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phoenix Academy Day School's revenue has grown by 153.1%, moving from $1.6M to $4.0M. Total assets increased by 403.9% over the same period, from $1.3M to $6.6M. Total functional expenses rose by 203.4%, from $515K to $1.6M. In its most recent filing year (2023), Phoenix Academy Day School reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $65K in liabilities against $6.6M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $1.6M | $6.6M | $65K | — | — |
| 2022 | $1.4M | $1.5M | $4.1M | $47K | — | View 990 |
| 2021 | $1.3M | $1.4M | $4.2M | $47K | — | View 990 |
| 2020 | $1.2M | $1.4M | $4.2M | $20K | — | View 990 |
| 2019 | $698K | $662K | $4.5M | $116K | — | View 990 |
| 2018 | $1.3M | $1.3M | $4.4M | $22K | — | View 990 |
| 2017 | $1.2M | $1.3M | $4.5M | $54K | — | View 990 |
| 2016 | $2.5M | $1.2M | $4.6M | $36K | — | View 990 |
| 2015 | $2.5M | $975K | $3.3M | $18K | — | View 990 |
| 2014 | $931K | $792K | $1.8M | $54K | — | View 990 |
| 2013 | $849K | $626K | $1.6M | $35K | — | View 990 |
| 2012 | $684K | $591K | $1.4M | $1K | — | View 990 |
| 2011 | $1.6M | $515K | $1.3M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $1.6M, and assets of $6.6M (revenue +176.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $4.1M (revenue +9.6% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.4M, and assets of $4.2M (revenue +11.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $4.2M (revenue +69.4% year-over-year).
- 2019: Revenue of $698K, expenses of $662K, and assets of $4.5M (revenue -45.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $4.4M (revenue +6.8% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $4.5M (revenue -52.9% year-over-year).
- 2016: Revenue of $2.5M, expenses of $1.2M, and assets of $4.6M (revenue +1.8% year-over-year).
- 2015: Revenue of $2.5M, expenses of $975K, and assets of $3.3M (revenue +166.3% year-over-year).
- 2014: Revenue of $931K, expenses of $792K, and assets of $1.8M (revenue +9.7% year-over-year).
- 2013: Revenue of $849K, expenses of $626K, and assets of $1.6M (revenue +24.1% year-over-year).
- 2012: Revenue of $684K, expenses of $591K, and assets of $1.4M (revenue -56.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $515K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phoenix Academy Day School:
Data Sources and Methodology
This transparency report for Phoenix Academy Day School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.