Paideia Academies Inc
- Assets
- $19.1m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 138
- Location
- Phoenix, AZ
- Founding
- 03/2012
- Data as of
- 06/2022
- EIN
- 80-0728374
Organization Overview
Paideia Academies Inc is located in Phoenix, AZ. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Paideia Academies Inc employed 138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paideia Academies 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 06/2022, Paideia Academies Inc generated $9.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $8.8m during the year ending 06/2022. While expenses have increased by 7.5% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL'S PURPOSE IS TO OPERATE A CHARTER SCHOOL THAT ENLISTS THE SUPPORT OF FAMILIES IN THE EDUCATION AND UPBRINGING OF THE WHOLE CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PAIDEIA ACADEMIES OPERATED AS A SCHOOL AND PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 757 STUDENTS IN K-8TH GRADES, AND 22 STUDENTS IN PRESCHOOL, IN PHOENIX, ARIZONA DURING THE 2021-2022 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Winsor Director, Ceo/president | OfficerTrustee | 40 | $103,085 |
Beth Mendonca Director, V.p And Assistant Principal | OfficerTrustee | 40 | $83,175 |
Victoria Garrison Director/asst. Principal | OfficerTrustee | 40 | $83,534 |
Joronda Montano Director | Trustee | 1 | $0 |
Benjamin Tietgen Director | Trustee | 1 | $0 |
Aaron Hess Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Karim's Cobbler Shop & Bakery Student Lunches | 6/29/22 | $287,250 |
Bee Line Transportation Transportation | 6/29/22 | $158,202 |
Building Blocks Inc Special Education Services | 6/29/22 | $133,205 |
Visual Genius Marketing | 6/29/22 | $106,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,102,985 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,558 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,146,543 |
| Total Program Service Revenue | $0 |
| Investment income | $484 |
| 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 | $9,186,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $291,849 |
| Compensation of current officers, directors, key employees. | $57,205 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,903,733 |
| Pension plan accruals and contributions | $49,420 |
| Other employee benefits | $135,573 |
| Payroll taxes | $280,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,225 |
| Fees for services: Accounting | $59,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $548,145 |
| Advertising and promotion | $137,600 |
| Office expenses | $1,174,847 |
| Information technology | $234,236 |
| Royalties | $0 |
| Occupancy | $1,211,415 |
| Travel | $229,457 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $468,302 |
| Insurance | $21,610 |
| All other expenses | $14,334 |
| Total functional expenses | $8,781,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,435,622 |
| Savings and temporary cash investments | $120,044 |
| Pledges and grants receivable | $742,647 |
| Accounts receivable, net | $14,670 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $50,583 |
| Prepaid expenses and deferred charges | $186,365 |
| Net Land, buildings, and equipment | $14,593,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,143,468 |
| Accounts payable and accrued expenses | $390,192 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $14,959,743 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,579 |
| Total liabilities | $15,387,514 |
| Net assets without donor restrictions | $3,755,954 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,143,468 |