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Nonprofit · EIN 86-0989368

PACE PREPARATORY ACADEMY INC

Tax-exempt · PARADISE VLY, AZ 85253

Financials

$2.1M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of PACE PREPARATORY ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,115,974$1,507,580$608,394$2,451,203$1,405,234$1,045,969
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,115,974
of which government grants
$1,859,761
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$497,521
Salaries, compensation and benefits (total)
$666,031
Professional fundraising fees
$0
Accounting fees
$158,120
Occupancy
$108,719
Travel
$141
Depreciation
$139,237
Program services (functional)
$979,315
Management and general (functional)
$528,265

Balance sheet and other

Total assets, start of year
$1,979,691
Total assets, end of year
$2,451,203
Total liabilities, end of year
$1,405,234
Net assets, end of year
$1,045,969
Land, buildings and equipment
$1,501,416
Net assets without donor restrictions
$1,045,969
Gross receipts
$2,115,974
Employees
18
Year formed
2000
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CANDICE CHAPMANVICE PRESIDE
Trustee or director, Officer
–$0
WILLIAM SAKELARIOSPRESIDENT/DI
Trustee or director, Officer
–$0
PEGGY SARKISIANSECRETARY
Officer
–$0

Address and contacts

Address (IRS master file)
6120 E VIA ESTRELLA AVE, PARADISE VLY, AZ 85253-1248
Principal officer (990 for 2024)
WILLIAM SAKELARIOS, P O BOX 1238, CLARKDALE, AZ 86324
Signed the 990
WILLIAM SAKELARIOS, PRESIDENT/DIRECTOR
Phone
(928) 301-5484
Return prepared by
WORKING ON IT LLC

Mission

PACE ACADEMY'S MISSION IS TO PROVIDE A SAFE ENVIRONMENT WHERE ALL STUDENTS CAN ACQUIRE AN ALTERNATIVE, FOCUSED, INDIVIDUALIZED EDUCATIONAL PROGRAM DESIGNED TO ENABLE THEM TO EARN AND RECOVER CREDIT IN ORDER TO GRADUATE AND BECOME SELF-MOTIVATED ADN COMPETENT ADULTS WHO ARE PREPARED FOR A CAREER OR COLLEGE.

990 for the year ended June 30, 2025

Program accomplishments

  • TO ENABLE STUDENTS TO BECOME SELF-MOTIVATED, COMPETENT, LIFE LONG LEARNERS EQUIPPED WITH THE READING, WRITING, TECHNOLOGICAL AND PROBLEM SOLVING SKILLS NECESSARY TO BECOME CONTRIBUTING MEMBERS OF SOCIETY IN THE 21ST CENTURY.
    Expenses $767,704
  • TO ENABLE STUDENTS TO BECOME SELF-MOTIVATED, COMPETENT, LIFE LONG LEARNERS EQUIPPED WITH THE READING, WRITING, TECHNOLOGICAL AND PROBLEM SOLVING SKILLS NECESSARY TO BECOME CONTRIBUTING MEMBERS OF SOCIETY IN THE 21ST CENTURY.
    Expenses $211,611

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
86-0989368
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B25)
Assets (IRS master file)
$2,451,203
Income (IRS master file)
$2,115,974

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,115,974$1,507,580$2,451,203XML
990June 2023$1,439,940$1,325,947$1,758,915IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-0989368).

Questions about PACE PREPARATORY ACADEMY INC

What is the EIN of PACE PREPARATORY ACADEMY INC?
The employer identification number (EIN) of PACE PREPARATORY ACADEMY INC is 86-0989368.
Is PACE PREPARATORY ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to PACE PREPARATORY ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PACE PREPARATORY ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PACE PREPARATORY ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PACE PREPARATORY ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PACE PREPARATORY ACADEMY INC?
The 990 for the year ended June 30, 2025 names WILLIAM SAKELARIOS.
Who are the officers and directors of PACE PREPARATORY ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PACE PREPARATORY ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,115,974, expenses of $1,507,580 and total assets of $2,451,203 at year end.

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