Civic Intelligence

Philadelphia Academy Community Development Corp

EIN 20-0701353 • 501(c)3 • Philadelphia, PA

Profile

The organization's primary purpose is to maintain an education facility for the Philadelphia Academy Charter School.

2901 S 15th StreetPhiladelphia, PA 19145

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.45x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

3.77x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-1.6%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

0.0%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,577,665

Down $74,590 (-1.6%) from 2023

Liabilities

Down

$2,076,793

Down $358,863 (-15%) from 2023

Net Assets

Up

$2,500,872

Up $284,273 (+13%) from 2023

Revenue

Flat

$550,380

Flat from 2023

Expenses

Down

$266,107

Down $7,488 (-2.7%) from 2023

Net Income

Up

$284,273

Up $7,488 (+2.7%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $7,286,321Liabilities 2010: $8,342,213Net Assets 2010: -$1,055,8922010Assets 2011: $7,054,447Liabilities 2011: $7,760,816Net Assets 2011: -$706,3692011Assets 2012: $6,837,067Liabilities 2012: $7,132,425Net Assets 2012: -$295,3582012Assets 2013: $6,851,285Liabilities 2013: $6,688,262Net Assets 2013: $163,0232013Assets 2014: $7,025,809Liabilities 2014: $6,390,363Net Assets 2014: $635,4462014Assets 2015: $7,077,790Liabilities 2015: $6,074,260Net Assets 2015: $1,003,5302015Assets 2016: $6,769,990Liabilities 2016: $5,678,186Net Assets 2016: $1,091,8042016Assets 2017: $6,457,120Liabilities 2017: $5,630,827Net Assets 2017: $826,2932017Assets 2018: $6,101,840Liabilities 2018: $5,091,138Net Assets 2018: $1,010,7022018Assets 2019: $5,885,200Liabilities 2019: $4,676,981Net Assets 2019: $1,208,2192019Assets 2020: $5,100,957Liabilities 2020: $3,659,398Net Assets 2020: $1,441,5592020Assets 2021: $4,928,782Liabilities 2021: $3,249,699Net Assets 2021: $1,679,0832021Assets 2022: $4,721,950Liabilities 2022: $2,782,136Net Assets 2022: $1,939,8142022Assets 2023: $4,652,255Liabilities 2023: $2,435,656Net Assets 2023: $2,216,5992023Assets 2024: $4,577,665Liabilities 2024: $2,076,793Net Assets 2024: $2,500,8722024

Highlighted filing

2024

Assets$4,577,665
Liabilities$2,076,793
Net Assets$2,500,872

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,108,5232010Expenses 2011: $571,5382011Expenses 2012: $570,3782012Expenses 2013: $550,3082013Revenue 2014: $855,622Expenses 2014: $383,199Net Income 2014: $472,4232014Revenue 2015: $803,700Expenses 2015: $435,616Net Income 2015: $368,0842015Revenue 2016: $550,380Expenses 2016: $462,106Net Income 2016: $88,2742016Revenue 2017: $550,380Expenses 2017: $815,891Net Income 2017: -$265,5112017Revenue 2018: $550,380Expenses 2018: $365,971Net Income 2018: $184,4092018Revenue 2019: $550,380Expenses 2019: $352,863Net Income 2019: $197,5172019Revenue 2020: $550,380Expenses 2020: $317,040Net Income 2020: $233,3402020Revenue 2021: $550,380Expenses 2021: $312,856Net Income 2021: $237,5242021Revenue 2022: $550,380Expenses 2022: $289,649Net Income 2022: $260,7312022Revenue 2023: $550,380Expenses 2023: $273,595Net Income 2023: $276,7852023Revenue 2024: $550,380Expenses 2024: $266,107Net Income 2024: $284,2732024

Highlighted filing

2024

Revenue$550,380
Expenses$266,107
Net Income$284,273

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.58$2.08$2.50$0.55$0.27$0.28
2023Detailed filing. Detailed filing data is available for this year.$4.65$2.44$2.22$0.55$0.27$0.28
2022Detailed filing. Detailed filing data is available for this year.$4.72$2.78$1.94$0.55$0.29$0.26
2021Detailed filing. Detailed filing data is available for this year.$4.93$3.25$1.68$0.55$0.31$0.24
2020Detailed filing. Detailed filing data is available for this year.$5.10$3.66$1.44$0.55$0.32$0.23
2019Detailed filing. Detailed filing data is available for this year.$5.89$4.68$1.21$0.55$0.35$0.20
2018Detailed filing. Detailed filing data is available for this year.$6.10$5.09$1.01$0.55$0.37$0.18
2017Detailed filing. Detailed filing data is available for this year.$6.46$5.63$0.83$0.55$0.82$0.27
2016Detailed filing. Detailed filing data is available for this year.$6.77$5.68$1.09$0.55$0.46$0.09
2015Detailed filing. Detailed filing data is available for this year.$7.08$6.07$1.00$0.80$0.44$0.37
2014Detailed filing. Detailed filing data is available for this year.$7.03$6.39$0.64$0.86$0.38$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.85$6.69$0.16$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.84$7.13$0.30$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.05$7.76$0.71$0.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$8.34$1.06$2.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 1, 2025
Return Version
2023v6.0
Gross Receipts
$550,380
Mission and Program Overview

Mission

The organization's primary purpose is to maintain an education facility for the Philadelphia Academy Charter School.

The organizations primary purpose is to maintain an education facility for the Philadelphia Academy Charter School.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,299,126$4,096,670▼ $202,456
Accounts Receivable-$275,190-
Cash and Non-Interest-Bearing Accounts$210,675$205,805▼ $4,870
Total Assets$4,652,255$4,577,665▼ $74,590
Other Assets Total$142,454$0▼ $142,454
Liabilities
Other Liabilities$1,797,392$1,384,607▼ $412,785
Accounts Payable and Accrued Expenses$638,264$692,186▲ $53,922
Total Liabilities$2,435,656$2,076,793▼ $358,863
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,216,599$2,500,872▲ $284,273
Total Net Assets Fund Balance$2,216,599$2,500,872▲ $284,273
Total Liabilities and Net Assets / Fund Balance$4,652,255$4,577,665▼ $74,590

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,925,170$3,970,614$7,895,784
Land$171,500-$171,500
Other Assets Org$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve PawlowskiPresident
Robert SullivanBoard Treasurer
James E SMithMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$550,380
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$284,273

Audited Revenue Reconciliation

Revenue per Audited Statements
$550,380
Total Revenue per Audited Statements
$550,380
Total Revenue per Form 990
$550,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$266,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$202,456$0$0$202,456
Interest$53,922$0$0$53,922
Insurance$9,729$0$0$9,729
Total Functional Expenses$266,107$0$0$266,107

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$266,107
Total Expenses per Audited Statements$266,107
Total Expenses per Form 990$266,107
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable, Related Party$1,384,607
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Philadelphia Academy Community Development Corp
EIN
20-0701353
Phone
2157557603
Address
2901 S 15th Street, Philadelphia, PA 19145

Signing Officer

Name
Robert Sullivan
Title
Treasurer
Phone
2157557603
Signed
2025-02-01
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Anthony Repice
Address
2901 SO 15TH ST, PHILADELPHIA, PA 19145
Preparer
Anthony Repice
Phone
2157557603
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

Business management duties are performed by a management company.

Pt VI, Line 11B

990 is reviewed by the management company and Board Treasurer and is signed by the Board Treasurer.

Pt VI, Line 18

Information is available through www.guidestar.com, Dunn and Bradstreet,, and through a right to know request.

Pt VI, Line 19

Information is available through www.guidestar.com, Dunn and Bradstreet,, and through a right to know request.

Pt XII, Line 2C

The process for assuming responsibility for oversight of the audit of the organizations financial statements and selection of an independent accountat by those charged with goverance has not changed from prior year.

Financial Statement Notes

Pt X, Line 2

The Foundation is a Pennsylvania not-for-profit corporation. The Internal Revenue Service has issued a determination letter that the Foundation is a nonprofit origanization, as defined under section 501 (c) (3) of the Interenal Revenue Code. As such, the Foundation os generally exempt from income taxes. It is however, required to file Federal Form 990 Return of Organization Exempt from Income Tax. This is an informational return only. The Foundation would be taxed on unrelated business income which does not fall under the 501 (c) (3) exemption. Management believes that the FOundation has received no unrelated business income and accordingly, there was no income tax on unrelated business income. Additionally, management believes that is has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Tax years which remain subject to examination as of June 30, 2018 are 2015 through 2017, generally for three years after they are filed.

Raw XML Appendix363 raw XML fields

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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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0550380
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0266107
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Business management duties are performed by a management company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 is reviewed by the management company and Board Treasurer and is signed by the Board Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information is available through www.guidestar.com, Dunn and Bradstreet,, and through a right to know request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information is available through www.guidestar.com, Dunn and Bradstreet,, and through a right to know request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The process for assuming responsibility for oversight of the audit of the organizations financial statements and selection of an independent accountat by those charged with goverance has not changed from prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XII, Line 2c
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PHiladelphia Academy Charter School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0232998638
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Public Charter School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011000 Roosevelt Blvd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Philadelphia
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019116
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Rent at cost
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Loan Payable at cost
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2Due from school at cost
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Philadelphia Academy Charter School
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Philadelphia Academy Charter School
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2Philadelphia Academy Charter School
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2D
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IRS990ScheduleR/TransferToOtherOrgInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04652255
IRS990/TotalAssetsEOYAmt04577665
IRS990/TotalAssetsGrp/BOYAmt04652255
IRS990/TotalAssetsGrp/EOYAmt04577665
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0266107
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266107
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02435656
IRS990/TotalLiabilitiesEOYAmt02076793
IRS990/TotalLiabilitiesGrp/BOYAmt02435656
IRS990/TotalLiabilitiesGrp/EOYAmt02076793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02216599
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02500872
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0266107
IRS990/TotalProgramServiceRevenueAmt0550380
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0550380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0550380
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04652255
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04577665
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02901 S 15th St
IRS990/USAddress/CityNm0Philadelphia
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019145
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Sullivan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02157557603
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Philadelphia Academy Community Development Corp
ReturnHeader/Filer/BusinessNameControlTxt0PHIL
ReturnHeader/Filer/EIN0200701353
ReturnHeader/Filer/PhoneNum02157557603
ReturnHeader/Filer/USAddress/AddressLine1Txt02901 S 15th Street
ReturnHeader/Filer/USAddress/CityNm0Philadelphia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019145
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264174690
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANTHONY REPICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02901 SO 15TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019145
ReturnHeader/PreparerPersonGrp/PhoneNum02157557603
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony Repice
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-15T08:00:16-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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