Public Charity

Philips Academy of North Carolina Inc

Philips Academy of North Carolina Inc is a nonprofit organization categorized as Public Charity based in Charlotte, NC. Its most recent IRS filing (2025) reports revenue of $2.7M, expenses of $2.3M, total assets of $7.2M. Imperigo tracks 30 reported grant relationships connected to this organization totaling approximately $2.2M.

EIN: 203125525 Charlotte, NC Secondary & High Schools NTEE: B25 Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.3M
Total Assets$7.2M
Grant Records30
Funding Total$2.2M
Filing Years2020–2025

Mission

Philips Academy is a private non-profit school for students in Middle & High School with complex language, learning and/or cognitive disabilities. Our mission is to provide our students with the academic, occupational and social skills needed to be self-reliant, confident and contributing members of their communities.

Where $100 goes at Philips Academy of North Carolina Inc

How Philips Academy of North Carolina Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$12 Management running the organization
$8 Fundraising raising the next dollar

Inside the $80 for programs

$80
The school provides a place for students with learning disabilities to receive a quality education
All program spending · Reported in the filing: 74 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Becky Berolatti
Director Dale Sarjeant
Executive Dir. Deborah Hofland
Director Doug Bradley
Chairman Ed Imbrogno
Secretary Frasier Ives

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,576,451 24 grants
Education
$584,500 4 grants
Economic Development
$8,250 1 grant
Unspecified
$12,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $2.3M $7.2M
2024 $3.7M $2.0M $6.8M
2023 $1.8M $1.7M $5.1M
2021 $1.7M $1.2M $3.2M
2020 $1.2M $1.2M $2.7M

Between 2020 and 2025, reported annual revenue grew from $1.2M to $2.7M (+120%), with total assets most recently reported at $7.2M.

Interactive year-over-year charts and full filing details available with membership.

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