2024-05-14T08:56:09-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2021-07-01 263185485 ENTREPRENEURIAL VENTURES IN EDUCATION INC ENTR 6178181959 1001 MARINA DRIVE 410 QUINCY MA 02171 EARL MARTIN PHALEN FOUNDER 6178181959 2024-05-07 1 EARL MARTIN PHALEN 999009999 ANDREW SMITH CPA P01518894 3096714500 2024-04-29 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X EARL MARTIN PHALEN 1001 MARINA DRIVE 410 QUINCY MA 02171 11949452 0 X WWW.SUMMERADVANTAGE.ORG X 2009 MA TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. TO PROVIDE DIRECT EDUCATIONAL SERVICES, SUCH AS SUMMER LEARNING PROGRAMS. TO WORK WITH ORGANIZATIONS TO RAISE THE ACADEMIC ACHIEVEMENTS AND LIFE OPPORTUNITIES OF CHILDREN. TO WORK WITH PARENTS TO INCREASE THEIR ENGAGEMENT IN THE EDUCATIONAL SUCCESS OF THEIR CHILDREN; AND TO ENGAGE IN OTHER EDUCATIONAL AND CHARITABLE ACTIVITIES RELATED TO THE FOREGOING ACTIVITIES AND PURPOSES. 4 3 455 0 0 0 4615429 2734620 6456915 9214447 593 385 0 0 11072937 11949452 0 0 0 0 7642401 13560702 0 0 1116528 2619361 3051053 10261762 16611755 811175 -4662303 4865485 4012353 3056696 6865867 1808789 -2853514 X TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. TO PROVIDE DIRECT EDUCATIONAL SERVICES, SUCH AS SUMMER LEARNING PROGRAMS. TO WORK WITH ORGANIZATIONS TO RAISE THE ACADEMIC ACHIEVEMENTS AND LIFE OPPORTUNITIES OF CHILDREN. TO WORK WITH PARENTS TO INCREASE THEIR ENGAGEMENT IN THE EDUCATIONAL SUCCESS OF THEIR CHILDREN; AND TO ENGAGE IN OTHER EDUCATIONAL AND CHARITABLE ACTIVITIES RELATED TO THE FOREGOING ACTIVITIES AND PURPOSES. 0 0 14365971 9214447 TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. 14365971 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 1 455 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 MA X X EVA SPILKER 4105983087 386 HARWIN DRIVE SEVERNA PARK MD 21146 DR FERNANDO REIMERS DIRECTOR 5.00 X 0 0 0 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECTOR 40.00 0.80 X X 362250 0 7149 JIM PHALEN DIRECTOR 5.00 X 0 0 0 STEVEN TUCKER DIRECTOR - DEVELOPMENT 5.00 X 0 0 0 EVA SPILKER CHIEF FINANCIAL OFFICER 40.00 X 197857 0 11068 AMBER DECKARD PRESIDENT - SUMMER ADVANTAGE 40.00 X 166541 0 11068 ANDREA ROBINSON CHIEF ACADEMIC OFFICER 40.00 X 182982 0 0 NICOLE SCOTT GENERAL COUNSEL 40.00 X 187225 0 212 RUIQUAN JIN DIRECTOR - DEVELOPMENT 40.00 X 190379 0 3751 TAQUOYA MCCONNICO DIRECTOR OF COMMUNICATIONS 40.00 X 160142 0 4532 1447376 0 37780 13 0 1 0 2 2734620 2734620 MANAGEMENT FEES 611110 9214447 9214447 9214447 385 385 11949452 9214447 0 385 X 11972077 10197538 880694 893845 663380 553823 57455 52102 925245 784172 73983 67090 125 102 12 11 825888 723716 53582 48590 184865 159685 13205 11975 377526 362445 7909 7172 174375 171375 3000 402542 361530 21508 19504 1146 935 111 100 95360 78065 9070 8225 MATERIALS & SUPPLIES 353695 344146 5008 4541 CURRICULUM DEVELOPMENT 282710 282710 STAFF RECRUITMENT 173525 173525 PROFESSIONAL DEVELOPMEN 88674 87143 803 728 90622 85061 2916 2645 16611755 14365971 1129256 1116528 2655492 728706 2139971 3283647 70022 4865485 4012353 2460815 5478645 234675 499146 595881 653401 3056696 6865867 X 1808789 -2853514 1808789 -2853514 4865485 4012353 -4662303 0 X X 0 1 X 1 0 X 2816942 2831878 1747924 4615429 2734620 14746793 308663 371205 679868 3125605 3203083 1747924 4615429 2734620 15426661 3291416 12135245 61 593 385 1039 1500 1500 15429200 27434977 0.78650 0.90150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CREDIT CARDS 3149 PAYROLL LIABILITIES 650252 653401 X 12607532 658080 658080 11949452 0 11949452 17269835 658080 658080 16611755 0 16611755 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. CURRENTLY, THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. 0 0 0 0 0 0 0 0 0 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECTOR 362250 0 0 0 0 0 0 0 7149 0 369399 0 0 0 EVA SPILKER CHIEF FINANCIAL OFFICER 187857 0 10000 0 0 0 0 0 11068 0 208925 0 0 0 RUIQUAN JIN DIRECTOR - DEVELOPMENT 180379 0 10000 0 0 0 0 0 3751 0 194130 0 0 0 NICOLE SCOTT GENERAL COUNSEL 177225 0 10000 0 0 0 0 0 212 0 187437 0 0 0 ANDREA ROBINSON CHIEF ACADEMIC OFFICER 172982 0 10000 0 0 0 0 0 0 0 182982 0 0 0 AMBER DECKARD PRESIDENT - SUMMER ADVANTAGE 156541 0 10000 0 0 0 0 0 11068 0 177609 0 0 0 TAQUOYA MCCONNICO DIRECTOR OF COMMUNICATIONS 150142 0 10000 0 0 0 0 0 4532 0 164674 0 0 0 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECTOR TO FUND THE NEEDS OF THE ORGANIZATION X 498000 499146 0 1 1 499146 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE BOARD REVIEWS THE IRS FORM 990 WITH THE PREPARER AND PROVIDES A COPY TO ALL BOARD MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, KEY EMPLOYEES ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ALL POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO LEGAL COUNSEL TO REVIEW AND DETERMINE IF A CONFLICT DOES EXIST. IF A CONFLICT IS DETERMINED, THE CEO WILL REVIEW. LEGAL COUNSEL CONTINUES TO MONITOR CONFLICTS AND WILL BRING POTENTIAL ISSUES TO THE CEO FOR FURTHER REVIEW. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD OF DIRECTORS DURING THE BUDGET APPROVAL ACTIVITIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE AT THE MASSACHUSETTS SECRETARY OF STATE WEBSITE. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 67,431. MANAGEMENT AND GENERAL EXPENSES 2,916. FUNDRAISING EXPENSES 2,645. TOTAL EXPENSES 72,992. FIELD TRIPS AND EVENTS: PROGRAM SERVICE EXPENSES 17,270. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,270. LEARN AND EARN: PROGRAM SERVICE EXPENSES 360. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 360. FROM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, SECTION B, AMENDED RETURN AN AMENDED RETURN IS BEING FILED SUBSEQUENT TO THE AUDITED FINANCIAL STATEMENTS BEING FINALIZED. A PRELIMINARY FORM 990 WAS FILED BY THE EXTENDED DUE DATE. AT THAT TIME, THE AUDITED FINANCIAL STATEMENTS WERE INCOMPLETE. THE AMENDED RETURN REFLECTS CHANGES THROUGHOUT IN ORDER TO AGREE TO THE FINAL AUDITED FINANCIAL STATEMENTS. THESE CHANGES INCLUDE CHANGES TO THE FOLLOWING FORMS AND SCHEDULES: PART VIII - STATEMENT OF REVENUE, PART IX - STATEMENT OF FUNCTIONAL EXPENSES, PART X - BALANCE SHEET, PART XI - RECONCILIATION OF NET ASSETS, SCHEDULE A, SCHEDULE D PART XI, AND SCHEDULE D PART XII. GEORGE & VERONICA PHALEN LEADERSHIP ACADEMY 2323 N ILLINOIS ST INDIANAPOLIS IN 46208 364729586 EDUCATION IN 501(C)3 LINE 2 0 THEA BOWMAN LEADERSHIP ACADEMYDREXEL FOUNDATION PO BOX 4661 GARY IN 46402 352125768 EDUCATION IN 501(C)3 LINE 2 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 PHALEN LEADERSHIP ACADEMY P 2575439 CASH PHALEN LEADERSHIP ACADEMY E 5233252 CASH PHALEN LEADERSHIP ACADEMY D 1360218 CASH THEA BOWMAN LEADERSHIP ACADEMY Q 635832 CASH