Phalen Leadership Academy-Indiana Inc

Organization Overview

Phalen Leadership Academy-Indiana Inc is located in Indianapolis, IN. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Phalen Leadership Academy-Indiana Inc employed 314 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phalen Leadership Academy-Indiana Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Phalen Leadership Academy-Indiana Inc generated $31.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $28.6m during the year ending 06/2021. While expenses have increased by 27.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENSURE EACH SCHOLAR ENROLLED MEETS HIGH ACADEMIC AND SOCIAL STANDARDS, AND THRIVES AS LEADERS AT HOME, IN THEIR COMMUNITIES, AND IN THE WORLD. THE ULTIMATE GOAL IS THAT EACH SCHOLAR MASTER KEY ACADEMIC SKILLS AND DEMONSTRATE STRONG CHARACTER, AS EXHIBITED BY: HONESTY, SERVICE TO OTHERS, A SUPERIOR WORK ETHIC, AND A STRONG VISION FOR AND BELIEF IN THEIR FUTURES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PHALEN LEADERSHIP ACADEMY EDUCATES FUTURE LEADERS BASED ON THE FOLLOWING PRINCIPLES: EXCEPTIONAL TEACHERS AND SCHOOL LEADERS, PARTNERSHIPS WITH PARENTS, INNOVATIVE USE OF TECHNOLOGY TO SUPPLEMENT TEACHER INSTRUCTION, DIFFERENTIATED INSTRUCTION AND ONGOING ASSESSMENT TO MEASURE PROGRESS.


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Board, Officers & Key Employees

Name (title)Compensation
Nicole Fama
Regional Director
$141,945
Earl Martin Phalen
Director
$0
Kristopher Kingery
Director
$0
Marlin Jackson
Director
$0
Jim Phalen
Director
$0
Dr Fernando Reimers
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Horning Roofing And Sheet Metal Co Llc
Roof Repairs
$124,986
Gps Llc (Global Psychological)
Special Needs Support For Students
$134,298
Robison Digital Solutions Llc
A/v Electricians
$114,900
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,045,092
All other contributions, gifts, grants, and similar amounts not included above$11,339,535
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$18,384,627
Total Program Service Revenue$12,206,721
Investment income $218
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,079,119

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Phalen Leadership Academy-Indiana Inc has recieved totaling $879,000.

Awarding OrganizationAmount
Fort Worth Education Partnership Inc

Fort Worth, TX

PURPOSE: SUPPORT JACQUET SCHOOL PARTNERSHIP

$500,000
Central Indiana Community Foundation Inc

Indianapolis, IN

PURPOSE: Sean Cowdry Health and Wellness Complex

$250,000
The Mind Trust Inc

Indianapolis, IN

PURPOSE: SEE ATTACHED

$129,000
View Grant Recipient Profile

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