Phoenix School INC FY2022 filing

Tax-deductible

Salem, MA501(c)(3)EIN 04-2738785Revenue $483K in FY2022

On file with the IRS28 Goodhue Street C2 C3, 01970-2278 · Salem, MATax-exempt since May 1983Publicly supported charity — 170(b)(1)(A)(vi)

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To provide elementary education.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $116K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$243K
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$483K
+12% vs prior year
Spent
$363K
To programs
69%
Net assets
$204K
By yearFY2021–FY2025
Revenue
$483K
FY2022▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2021$430K
FY2022$483K
FY2023$565K
FY2024$562K
FY2025$660K
Expenses
$363K
FY2022▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2021$315K
FY2022$363K
FY2023$440K
FY2024$452K
FY2025$549K
Net assets
$204K
FY2022▲ +143%
Tap a bar for its year
Net assets by fiscal year
FY2021$84K
FY2022$204K
FY2023$329K
FY2024$439K
FY2025$550K

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $252K Management & general 30% · $108K Fundraising 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $65K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Head of School
$64,667Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Leslie Levesque$87,746$82,720$68,701$64,667$56,230

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers elementary education to children.

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Provided by the organization

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1 program · $252K · in their own filed words · FY2021
01

The mission of The Phoenix School is to develop global citizens who are compassionate, creative, and technologically proficient individuals in a dynamic and interconnected world. Students, teachers, and parents of diverse backgrounds join together to integrate the knowledge, values, and leadership necessary for students to participate…

$252Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$483K
Ln 12
Fees for servicesLn 2g$426K
Gifts and grantsLn 1h$49K
Other incomeLn 4–11$7K
Money outPt IX
$363K
Ln 25
Programscol B$252K
Managementcol C$108K
Fundraisingcol D$3K
Owns and owesPt X
$204K
net assets · Ln 32
Cash and savingsLn 1–2$404K
Total assetsLn 16$447K
LiabilitiesLn 26$243K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$49K
Fees for servicesLn 2g$426K
Investment incomeLn 3$675
Other incomeLn 4–11$7K
Total revenueLn 12$483K
Assets in detailPt X, end of year
CashLn 1$404K
Cash and savings togetherLn 1–2$404K
Land, buildings, equipmentLn 10c$15K
Other assetsLn 15$3K
Total assetsLn 16$447K
LiabilitiesLn 26$243K
Net assetsLn 32$204K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$228K$404K
Land, buildings, equipmentLn 10c$23K$15K
Total assetsLn 16$272K$447K
LiabilitiesLn 26$188K$243K
Net assetsLn 32$84K$204K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$65K$48K$16K
Other salaries and wagesLn 7$128K$93K$34K$1K
Pension plan contributionsLn 8$7K$5K$2K
Other employee benefitsLn 9$14K$14K$7
Payroll taxesLn 10$14K$10K$4K$82
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$2K$1K$657$14
Advertising and promotionLn 12$5K$720$5K
Office expensesLn 13$9K$2K$6K$218
Information technologyLn 14$6K$1K$4K$421
OccupancyLn 16$52K$41K$11K
TravelLn 17$8K$8K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$16K$12K$4K$161
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$19K$15K$3K$968
Total functional expensesLn 25$363K$252K$108K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $660K$549K$111K$550K 990 PDF
FY2024 $562K$452K$110K$439K 990 PDF
FY2023 $565K$440K$124K$329K 990 PDF
FY2022 Viewing $483K$363K$120K$204K 990 PDF
FY2021 $430K$315K$116K$84K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $483,101 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $90,399$49,263
I-9 Program service revenuePrior year $338,450$425,921
I-10 Investment incomePrior year $1,249$675
I-11 Other revenuePrior year $394$7,242
I-12 Total revenuePrior year $430,492$483,101
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $208,463$226,559
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,520$136,611
I-18 Total expensesPrior year $314,983$363,170
I-19 Revenue less expensesPrior year $115,509$119,931
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $483,101 across 6 lines filed
VIII-1f All other contributions, gifts and grants$49,263
VIII-1h Total contributions, gifts and grants$49,263
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $425,921$425,921
VIII-3 Investment incomeExcluded from tax $675$675
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,242$7,242
VIII-12 Total revenueRelated to mission $433,163 · Unrelated business $0 · Excluded from tax $675$483,101
Part IX · Statement of functional expenses $363,170 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $48,500 · Management $16,167$64,667
IX-7 Other salaries and wagesPrograms $92,739 · Management $33,740 · Fundraising $1,067$127,546
IX-8 Pension plan contributionsPrograms $4,795 · Management $1,925$6,720
IX-9 Other employee benefitsPrograms $13,597 · Management $7$13,604
IX-10 Payroll taxesPrograms $10,140 · Management $3,800 · Fundraising $82$14,022
IX-11c Accounting feesManagement $7,500$7,500
IX-11g Other fees for servicesPrograms $1,378 · Management $657 · Fundraising $14$2,049
IX-12 Advertising and promotionPrograms $720 · Management $4,603$5,323
IX-13 Office expensesPrograms $2,414 · Management $5,924 · Fundraising $218$8,556
IX-14 Information technologyPrograms $1,337 · Management $4,026 · Fundraising $421$5,784
IX-16 OccupancyPrograms $41,214 · Management $10,502$51,716
IX-17 TravelPrograms $7,967$7,967
IX-20 InterestManagement $3,130$3,130
IX-22 Depreciation, depletion and amortizationPrograms $11,765 · Management $4,190 · Fundraising $161$16,116
IX-23 InsuranceManagement $9,241$9,241
IX-24 Other expenses (24a–d)Programs $15,421 · Management $2,840 · Fundraising $968$19,229
IX-25 Total functional expensesPrograms $251,987 · Management $108,252 · Fundraising $2,931$363,170
Part X · Balance sheet $446,973 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $228,385$403,839
X-4 Accounts receivableStart of year $17,970$24,864
X-9 Prepaid expenses and deferred chargesStart of year $180$205
X-10c Land, buildings and equipment, netStart of year $22,851$15,165
X-15 Other assetsStart of year $2,900$2,900
X-16 Total assetsStart of year $272,286$446,973
X-17 Accounts payable and accrued expensesStart of year $11,827$7,451
X-19 Deferred revenueStart of year $26,314$85,446
X-26 Total liabilitiesStart of year $188,141$242,897
X-27 Net assets without donor restrictionsStart of year $84,145$204,076
X-32 Total net assets or fund balancesStart of year $84,145$204,076
X-33 Total liabilities and net assetsStart of year $272,286$446,973
Part XI · Reconciliation of net assets $204,076 net assets at year end
XI-1 Total revenue$483,101
XI-2 Total expenses$363,170
XI-3 Revenue less expenses$119,931
XI-4 Net assets at start of year$84,145
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$204,076

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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