Civic Intelligence

Richard Allen Improvement and Development Organization

990 • Fiscal year 2018 • EIN 20-3540878

Jul 01, 2017 to Jun 30, 2018 • Filed on May 08, 2019

Organization ProfileN/A
2601 S 58th StreetPhiladelphia, PA 19143

(215) 878-1544

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

1.01x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

11.26x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

30th percentile

-2.6%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

1.1%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$5,570,983

Down $149,324 (-2.6%) from 2017

Net Assets

Up

-$30,576

Up $64,737 (+68%) from 2017

Liabilities

Down

$5,601,559

Down $214,061 (-3.7%) from 2017

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin71st percentile

Revenue

Up

$497,301

Up $5,610 (+1.1%) from 2017

Expenses

Down

$432,564

Down $131,083 (-23%) from 2017

Net Income

Up

$64,737

Up $136,693 (+190%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $6,946,778Liabilities 2010: $7,057,474Net Assets 2010: -$110,6962010Assets 2011: $6,836,011Liabilities 2011: $6,897,967Net Assets 2011: -$61,9562011Assets 2012: $6,526,963Liabilities 2012: $6,587,149Net Assets 2012: -$60,1862012Assets 2013: $6,364,071Liabilities 2013: $6,412,910Net Assets 2013: -$48,8392013Assets 2014: $6,220,302Liabilities 2014: $6,252,550Net Assets 2014: -$32,2482014Assets 2015: $6,128,273Liabilities 2015: $6,130,009Net Assets 2015: -$1,7362015Assets 2016: $5,911,555Liabilities 2016: $5,934,912Net Assets 2016: -$23,3572016Assets 2017: $5,720,307Liabilities 2017: $5,815,620Net Assets 2017: -$95,3132017Assets 2018: $5,570,983Liabilities 2018: $5,601,559Net Assets 2018: -$30,5762018Assets 2019: $5,435,748Liabilities 2019: $5,376,506Net Assets 2019: $59,2422019Assets 2020: $5,295,576Liabilities 2020: $5,173,208Net Assets 2020: $122,3682020Assets 2021: $5,140,719Liabilities 2021: $4,942,110Net Assets 2021: $198,6092021Assets 2022: $4,987,321Liabilities 2022: $4,700,478Net Assets 2022: $286,8432022Assets 2023: $4,868,438Liabilities 2023: $4,441,309Net Assets 2023: $427,1292023Assets 2024: $4,777,023Liabilities 2024: $4,166,599Net Assets 2024: $610,4242024Assets 2025: $4,681,228Liabilities 2025: $3,874,156Net Assets 2025: $807,0722025

Highlighted filing

2018

Assets$5,570,983
Liabilities$5,601,559
Net Assets-$30,576
Open 2018 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $491,799Expenses 2010: $495,004Net Income 2010: -$3,2052010Expenses 2011: $492,5782011Expenses 2012: $486,4062012Expenses 2013: $468,9282013Revenue 2014: $487,849Expenses 2014: $471,258Net Income 2014: $16,5912014Revenue 2015: $488,689Expenses 2015: $458,177Net Income 2015: $30,5122015Revenue 2016: $492,420Expenses 2016: $514,041Net Income 2016: -$21,6212016Revenue 2017: $491,691Expenses 2017: $563,647Net Income 2017: -$71,9562017Revenue 2018: $497,301Expenses 2018: $432,564Net Income 2018: $64,7372018Revenue 2019: $509,303Expenses 2019: $419,485Net Income 2019: $89,8182019Revenue 2020: $503,174Expenses 2020: $440,048Net Income 2020: $63,1262020Revenue 2021: $487,998Expenses 2021: $411,757Net Income 2021: $76,2412021Revenue 2022: $490,747Expenses 2022: $402,513Net Income 2022: $88,2342022Revenue 2023: $526,951Expenses 2023: $386,665Net Income 2023: $140,2862023Revenue 2024: $558,363Expenses 2024: $375,068Net Income 2024: $183,2952024Revenue 2025: $556,233Expenses 2025: $359,585Net Income 2025: $196,6482025

Highlighted filing

2018

Revenue$497,301
Expenses$432,564
Net Income$64,737
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 8, 2019
Return Version
2017v2.2
Gross Receipts
$497,301
Mission and Program Overview

Mission

The organization leases property to richard allen preparatory charter school, an entity formed under irc section 501(c)(3) (ein; 23-3085452). The school operates a public charter school for children grades 5 through 8.

To own & lease school facilities to richard allen preparatory charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,392,372$4,250,631▼ $141,741
Cash and Non-Interest-Bearing Accounts$1,135,801$1,140,385▲ $4,584
Intangible Assets$192,134$179,967▼ $12,167
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,720,307$5,570,983▼ $149,324
Other Assets Total-$0-
Liabilities
Tax Exempt Bond Liabilities$4,500,000$4,325,000▼ $175,000
Other Liabilities$1,231,726$1,194,328▼ $37,398
Accounts Payable and Accrued Expenses$46,497$44,834▼ $1,663
Deferred Revenue$37,397$37,397→ $0
Total Liabilities$5,815,620$5,601,559▼ $214,061
Net Assets / Fund Balance
Unrestricted Net Assets$-95,313$-30,576▲ $64,737
Total Net Assets Fund Balance$-95,313$-30,576▲ $64,737
Total Liabilities and Net Assets / Fund Balance$5,720,307$5,570,983▼ $149,324

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,850,631$1,677,267$5,527,898
Land$400,000-$400,000
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Lawrence F Jones JrCEO
Benjamin a SmallwoodMember
Harriet WilliamsMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$490,286
Investment Income
$7,015
Other Revenue
$0
Change in Net Assets
$64,737

Audited Revenue Reconciliation

Revenue per Audited Statements
$497,301
Total Revenue per Audited Statements
$497,301
Total Revenue per Form 990
$497,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$432,564
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
Interest$289,323--$289,323
Depreciation Depletion$141,741--$141,741
Other Expenses$244--$244
Total Functional Expenses$432,564$0$0$432,564

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$432,564
Total Expenses per Audited Statements$432,564
Total Expenses per Form 990$432,564
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable-affiliate$670,765
Advance Rental Pmts.$523,563

Bond Issues

BondIssuerIssuedIssue PricePurpose
APhila Auth Indus Dev2006-04-06$5,790,000Acquire bldg. For charter scho

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$1,465,000-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Information for form 990 is compiled by the business manager, operations manager & the ceo. The auditors complete form 990 and forward it the board for ther approval.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board members complete a statement of financial interest on an annual basis since they are considered to be public officials. This form would disclose any potential conflicts of interest.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Richard Allen Development and
EIN
20-3540878
Phone
2158781544
Address
2601 S 58TH STREET, PHILADELPHIA, PA 19143

Signing Officer

Name
Lawrence F Jones Jr
Title
CEO
Signed
2019-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Pa
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Sd Associates Pc
Address
300 Yorktown Plaza, Elkins Park, PA 19027
Preparer
Keith J Drobnes
Phone
2155175600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

“There have been no changes to either the selection or oversight processes.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Foundation recognizes and measures its unrecognized tax benefits in accordance with FASB ASC 740, Income Taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely than not that the positions will be sustained upon examination by the taxing authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of June 30, 2018, the Foundation had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements. Additionally, the Foundation had no interest or penalties related to income taxes.”

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0RICHARD ALLEN PREPARATORY CHARTER S
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01677267
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05527898
IRS990ScheduleD/ExpensesSubtotalAmt0432564
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0400000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0523563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1670765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCE RENTAL PMTS.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN PAYABLE-AFFILIATE
IRS990ScheduleD/RevenueSubtotalAmt0497301
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation recognizes and measures its unrecognized tax benefits in accordance with FASB ASC 740, Income Taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely than not that the positions will be sustained upon examination by the taxing authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of June 30, 2018, the Foundation had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements. Additionally, the Foundation had no interest or penalties related to income taxes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04250631
IRS990ScheduleD/TotalExpensesPerForm990Amt0432564
IRS990ScheduleD/TotalLiabilityAmt01194328
IRS990ScheduleD/TotalRevenuePerForm990Amt0497301
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0497301
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0432564
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IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0(A) ISSUER NAME - PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT(F) DESCRIPTION OF PURPOSE - TO ACQUIRE A BUILDING TO LEASE TO THE RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02006-04-06
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0232237287
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt05790000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PHILA AUTH INDUS DEV
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0ACQUIRE BLDG. FOR CHARTER SCHO
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt01465000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INFORMATION FOR FORM 990 IS COMPILED BY THE BUSINESS MANAGER, OPERATIONS MANAGER & THE CEO. THE AUDITORS COMPLETE FORM 990 AND FORWARD IT THE BOARD FOR THER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS COMPLETE A STATEMENT OF FINANCIAL INTEREST ON AN ANNUAL BASIS SINCE THEY ARE CONSIDERED TO BE PUBLIC OFFICIALS. THIS FORM WOULD DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES TO EITHER THE SELECTION OR OVERSIGHT PROCESSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0233085452
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1233085452
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02601 S 58TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12601 S 58TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1PA
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd119143
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1490286
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2670765
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3560960
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0GUARANTEE-COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH COV-BONDS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3PPD RENT-COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3RICHARD ALLEN PREPARATORY CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0e
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1j
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2e
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3j
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt04500000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt04325000
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05720307
IRS990/TotalAssetsEOYAmt05570983
IRS990/TotalAssetsGrp/BOYAmt05720307
IRS990/TotalAssetsGrp/EOYAmt05570983
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0432564

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,570,983
Liabilities
$5,601,559
Net assets
-$30,576
Revenue
$497,301
Expenses
$432,564
Net income
$64,737
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.68$3.87$0.81$0.56$0.36$0.20
2024Detailed filing. Detailed filing data is available for this year.$4.78$4.17$0.61$0.56$0.38$0.18
2023Detailed filing. Detailed filing data is available for this year.$4.87$4.44$0.43$0.53$0.39$0.14
2022Detailed filing. Detailed filing data is available for this year.$4.99$4.70$0.29$0.49$0.40$0.09
2021Detailed filing. Detailed filing data is available for this year.$5.14$4.94$0.20$0.49$0.41$0.08
2020Detailed filing. Detailed filing data is available for this year.$5.30$5.17$0.12$0.50$0.44$0.06
2019Detailed filing. Detailed filing data is available for this year.$5.44$5.38$0.06$0.51$0.42$0.09
2018Detailed filing. Detailed filing data is available for this year.$5.57$5.60$0.03$0.50$0.43$0.06
2017Detailed filing. Detailed filing data is available for this year.$5.72$5.82$0.10$0.49$0.56$0.07
2016Detailed filing. Detailed filing data is available for this year.$5.91$5.93$0.02$0.49$0.51$0.02
2015Detailed filing. Detailed filing data is available for this year.$6.13$6.13$0.00$0.49$0.46$0.03
2014Detailed filing. Detailed filing data is available for this year.$6.22$6.25$0.03$0.49$0.47$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.36$6.41$0.05$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$6.59$0.06$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.84$6.90$0.06$0.49
2010Summary only. Only limited summary data is available for this year.$6.95$7.06$0.11$0.49$0.50$0.00