Form 990, Page 6, Part VI, Line 11B
“A copy of the return is provided to the board prior to filing.”
990 • Fiscal year 2018 • EIN 13-4302352
Scores are not available for this record yet.
Assets
Flat$3,382,511
Flat from 2018
Net Assets
Flat-$1,206,179
Flat from 2018
Liabilities
Flat$4,588,690
Flat from 2018
Revenue
Flat$2,884,343
Flat from 2018
Expenses
Flat$3,073,977
Flat from 2018
Net Income
Flat-$189,634
Flat from 2018
The academy's mission is to establish a collaborative learning community in which individual children are known, respected, and accepted, and where every decision made is based on an intimate knowledge of what each child needs in order to become a successful and producive grown-up.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,502,004 | $2,358,423 | ▼ $143,581 |
| Cash and Non-Interest-Bearing Accounts | $435,288 | $434,349 | ▼ $939 |
| Total Assets | $3,607,893 | $3,382,511 | ▼ $225,382 |
| Other Assets Total | $670,601 | $589,739 | ▼ $80,862 |
| Liabilities | |||
| Other Liabilities | $2,869,448 | $3,044,916 | ▲ $175,468 |
| Mortgage Notes Payable Secured by Investment Property | $1,629,218 | $1,543,774 | ▼ $85,444 |
| Total Liabilities | $4,498,666 | $4,588,690 | ▲ $90,024 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-890,773 | $-1,206,179 | ▼ $315,406 |
| Total Net Assets Fund Balance | $-890,773 | $-1,206,179 | ▼ $315,406 |
| Total Liabilities and Net Assets / Fund Balance | $3,607,893 | $3,382,511 | ▼ $225,382 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,252,903 | $893,401 | $3,146,304 |
| Equipment | $70,520 | $18,545 | $89,065 |
| Land | $35,000 | - | $35,000 |
| Other Assets Org | $138,246 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Robyn Brakefield Caldwell | Director | FT | $95,473 | $95,473 |
| Name | Title |
|---|---|
| Holly Hatchell | Chairman |
| Amy Laws | Board |
| Chris Eifert | Board |
| Eric Partain | Board |
| Geraldine Kelly | Board |
| Joy Yarborough | Board |
| Kelly Tillman | Board |
| Tonya Wilks | Board |
| Whitney Gregory | Board |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,222,986 |
| Other Expenses | $850,991 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,317,569 | $182,109 | - | $1,499,678 |
| Pension Plan Contributions | $251,129 | $53,799 | - | $304,928 |
| Other Employee Benefits | $171,673 | $35,162 | - | $206,835 |
| Depreciation Depletion | $143,581 | - | - | $143,581 |
| Payroll Taxes | $100,794 | $15,278 | - | $116,072 |
| Current Officers, Directors, Trustees, and Key Employees | - | $95,473 | - | $95,473 |
| Interest | - | $80,822 | - | $80,822 |
| Fees for Services Other | $18,790 | $47,220 | - | $66,010 |
| All Other Expenses | $92 | $62,257 | - | $62,349 |
| Other Expenses | $44,197 | $35,649 | - | $35,649 |
| Information Technology | $12,018 | $14,185 | - | $26,203 |
| Insurance | - | $25,937 | - | $25,937 |
| Travel | - | $19,632 | - | $19,632 |
| Fees for Services Accounting | - | $9,900 | - | $9,900 |
| Total Functional Expenses | $2,130,038 | $943,939 | $0 | $3,073,977 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $3,174,124 |
| Total Expenses per Form 990 | $3,073,977 |
| Expenses per Audited Statements | $3,003,782 |
| Expenses Not Reported on Form 990 | $170,342 |
| Expenses Not Reported on Financial Statements | $70,195 |
| Other Expense Adjustments | $70,195 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $2,921,602 |
| Paf Due to Ccsd | $70,318 |
| Deferred Pension Credits | $52,996 |
“A copy of the return is provided to the board prior to filing.”
“Government documents are made available to the public upon request.”
“The academy's mission is to establish a collaborative learning community in which individual children are known, respected, and accepted, and where every decision made is based on an intimate knowledge of what each child needs in order to become a successful and producive grown-up.”
“Change in net pension liability -125,772”
“Student fees reported separately 58,498”
“Change in net pension liability 125,772 change in opec liability 44,570”
“Pupil activity costs reported separately 70,195”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | OPERATING AS A CHARTER SCHOOL TO GIVE THE COMMUNITY CHOICE WITHIN THE PUBLIC SCHOOL SYSTEM AND TO PROMOTE SHARED LEADERSHIP COUPLED WITH ACCOUNTABILITY FOR STUDENT ACHIEVEMENT. |
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| IRS990/MissionDesc | 0 | THE ACADEMY'S MISSION IS TO ESTABLISH A COLLABORATIVE LEARNING COMMUNITY IN WHICH INDIVIDUAL CHILDREN ARE KNOWN, RESPECTED, AND ACCEPTED, AND WHERE EVERY DECISION MADE IS BASED ON AN INTIMATE KNOWLEDGE OF WHAT EACH CHILD NEEDS IN ORDER TO BECOME A SUCCESSFUL AND PRODUCIVE GROWN-UP. |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEFERRED PENSION CHARGES |
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| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 70195 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2921602 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 70318 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 52996 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NET PENSION LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PAF DUE TO CCSD |
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| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 58498 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2825845 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | STUDENT FEES REPORTED SEPARATELY 58,498 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | CHANGE IN NET PENSION LIABILITY 125,772 CHANGE IN OPEC LIABILITY 44,570 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | PUPIL ACTIVITY COSTS REPORTED SEPARATELY 70,195 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 4B |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 589739 |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3044916 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2884343 |
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| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
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| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL IS A PUBLIC SCHOOL AND ABIDES BY ALL STATE AND FEDERAL REGULATIONS REGARDING DISCRIMINATION. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ACADEMY'S MISSION IS TO ESTABLISH A COLLABORATIVE LEARNING COMMUNITY IN WHICH INDIVIDUAL CHILDREN ARE KNOWN, RESPECTED, AND ACCEPTED, AND WHERE EVERY DECISION MADE IS BASED ON AN INTIMATE KNOWLEDGE OF WHAT EACH CHILD NEEDS IN ORDER TO BECOME A SUCCESSFUL AND PRODUCIVE GROWN-UP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A COPY OF THE RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GOVERNMENT DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CHANGE IN NET PENSION LIABILITY -125,772 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 3382511 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3382511 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 2783380 |
| IRS990/TotalEmployeeCnt | 0 | 32 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 943939 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2130038 |
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| IRS990/TotalGrossUBIAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 4588690 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4498666 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4588690 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -890773 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1206179 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2130038 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 100113 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 95473 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 850 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 100113 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2884343 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3607893 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3382511 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 19632 |
| IRS990/TravelGrp/TotalAmt | 0 | 19632 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | -890773 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -1206179 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 109 HINTON ST |
| IRS990/USAddress/CityNm | 0 | CHESTER |
| IRS990/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/USAddress/ZIPCd | 0 | 29706 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | CHESTER.ACADEMY.SCHOOLDESK.NET |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBYN BRAKEFIELD CALDWELL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8033856334 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE ACADEMY FOR TEACHING & LEARNING |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | OF THE CHESTER COUNTY SCHOOL DISTR |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACAD |
| ReturnHeader/Filer/EIN | 0 | 134302352 |
| ReturnHeader/Filer/PhoneNum | 0 | 8033856334 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 109 HINTON STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29706 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 707C1617CD59749002751B9FCFB10D24BCFE7340 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 7F6566B84D79D6CA44EC4D05B5CF094878D71A4D |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-09 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.