Civic Intelligence

Worlds of Opportunity Foundation

EIN 20-4487817 • 501(c)3 • Philadelphia, PA

Profile

To own and lease school facilities to not-for profit schools

1600 Lombard StreetPhiladelphia, PA 19146

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.09x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

13.93x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

25th percentile

-2.5%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-0.7%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$20,145,995

Down $509,105 (-2.5%) from 2023

Liabilities

Down

$22,002,129

Down $316,143 (-1.4%) from 2023

Net Assets

Down

-$1,856,134

Down $192,962 (-12%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin16th percentile

Revenue

Down

$1,579,183

Down $11,205 (-0.7%) from 2023

Expenses

Down

$1,772,145

Down $19,734 (-1.1%) from 2023

Net Income

Up

-$192,962

Up $8,529 (+4.2%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$30M$20M$10M$0-$10MAssets 2011: $17,813,117Liabilities 2011: $17,772,521Net Assets 2011: $40,5962011Assets 2012: $17,325,175Liabilities 2012: $17,542,503Net Assets 2012: -$217,3282012Assets 2013: $16,700,962Liabilities 2013: $17,203,983Net Assets 2013: -$503,0212013Assets 2014: $16,218,887Liabilities 2014: $16,888,176Net Assets 2014: -$669,2892014Assets 2015: $15,751,612Liabilities 2015: $16,592,972Net Assets 2015: -$841,3602015Assets 2016: $15,287,757Liabilities 2016: $16,212,751Net Assets 2016: -$924,9942016Assets 2017: $14,890,487Liabilities 2017: $15,847,107Net Assets 2017: -$956,6202017Assets 2018: $14,477,453Liabilities 2018: $15,492,393Net Assets 2018: -$1,014,9402018Assets 2019: $21,885,389Liabilities 2019: $23,060,726Net Assets 2019: -$1,175,3372019Assets 2020: $23,861,071Liabilities 2020: $24,972,288Net Assets 2020: -$1,111,2172020Assets 2021: $23,780,867Liabilities 2021: $25,020,318Net Assets 2021: -$1,239,4512021Assets 2022: $21,542,313Liabilities 2022: $23,003,994Net Assets 2022: -$1,461,6812022Assets 2023: $20,655,100Liabilities 2023: $22,318,272Net Assets 2023: -$1,663,1722023Assets 2024: $20,145,995Liabilities 2024: $22,002,129Net Assets 2024: -$1,856,1342024

Highlighted filing

2024

Assets$20,145,995
Liabilities$22,002,129
Net Assets-$1,856,134
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,512,8212011Expenses 2012: $1,503,3352012Expenses 2013: $1,653,7812013Revenue 2014: $1,317,335Expenses 2014: $1,483,603Net Income 2014: -$166,2682014Revenue 2015: $1,285,804Expenses 2015: $1,457,875Net Income 2015: -$172,0712015Revenue 2016: $1,308,129Expenses 2016: $1,391,763Net Income 2016: -$83,6342016Revenue 2017: $1,307,113Expenses 2017: $1,338,739Net Income 2017: -$31,6262017Revenue 2018: $1,246,619Expenses 2018: $1,304,939Net Income 2018: -$58,3202018Revenue 2019: $1,613,461Expenses 2019: $1,773,860Net Income 2019: -$160,3992019Revenue 2020: $1,625,112Expenses 2020: $1,560,992Net Income 2020: $64,1202020Revenue 2021: $1,533,197Expenses 2021: $1,661,431Net Income 2021: -$128,2342021Revenue 2022: $1,567,420Expenses 2022: $1,789,650Net Income 2022: -$222,2302022Revenue 2023: $1,590,388Expenses 2023: $1,791,879Net Income 2023: -$201,4912023Revenue 2024: $1,579,183Expenses 2024: $1,772,145Net Income 2024: -$192,9622024

Highlighted filing

2024

Revenue$1,579,183
Expenses$1,772,145
Net Income-$192,962
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,145,995
Liabilities
$22,002,129
Net assets
-$1,856,134
Revenue
$1,579,183
Expenses
$1,772,145
Net income
-$192,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.1$22.0$1.86$1.58$1.77$0.19
2023Detailed filing. Detailed filing data is available for this year.$20.7$22.3$1.66$1.59$1.79$0.20
2022Detailed filing. Detailed filing data is available for this year.$21.5$23.0$1.46$1.57$1.79$0.22
2021Detailed filing. Detailed filing data is available for this year.$23.8$25.0$1.24$1.53$1.66$0.13
2020Detailed filing. Detailed filing data is available for this year.$23.9$25.0$1.11$1.63$1.56$0.06
2019Detailed filing. Detailed filing data is available for this year.$21.9$23.1$1.18$1.61$1.77$0.16
2018Detailed filing. Detailed filing data is available for this year.$14.5$15.5$1.01$1.25$1.30$0.06
2017Detailed filing. Detailed filing data is available for this year.$14.9$15.8$0.96$1.31$1.34$0.03
2016Detailed filing. Detailed filing data is available for this year.$15.3$16.2$0.92$1.31$1.39$0.08
2015Detailed filing. Detailed filing data is available for this year.$15.8$16.6$0.84$1.29$1.46$0.17
2014Detailed filing. Detailed filing data is available for this year.$16.2$16.9$0.67$1.32$1.48$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$17.2$0.50$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$17.5$0.22$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$17.8$0.04$1.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,579,183
Mission and Program Overview

Mission

To own and lease school facilities to not-for-profit schools.

To own and lease school facilities to not-for profit schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,065,692$19,426,067▼ $639,625
Intangible Assets$454,448$374,251▼ $80,197
Savings and Temporary Cash Investments$89,853$240,404▲ $150,551
Cash and Non-Interest-Bearing Accounts$8,325$72,303▲ $63,978
Accounts Receivable$2,955$2,955→ $0
Prepaid Expenses and Deferred Charges$830$830→ $0
Total Assets$20,655,100$20,145,995▼ $509,105
Other Assets Total$32,997$29,185▼ $3,812
Liabilities
Tax Exempt Bond Liabilities$20,680,000$20,225,000▼ $455,000
Unsecured Notes Loans Payable$1,598,926$1,733,899▲ $134,973
Other Liabilities$38,539$37,704▼ $835
Accounts Payable and Accrued Expenses$807$5,526▲ $4,719
Total Liabilities$22,318,272$22,002,129▼ $316,143
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,663,172$-1,856,134▼ $192,962
Total Net Assets Fund Balance$-1,663,172$-1,856,134▼ $192,962
Total Liabilities and Net Assets / Fund Balance$20,655,100$20,145,995▼ $509,105

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$15,172,449$4,535,015$19,707,464
Buildings$3,592,868$2,353,948$5,946,816
Other Land Buildings$0$742,365$742,365
Land$660,750-$660,750
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
John EagenPresident
Deeya HaldarBoard Member
Elsie R Stern PhdBoard Member
Mehreen ZamanBoard Member
Rebecca BaehrBoard Member
Krista PfeifferSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,566,194
Investment Income
$12,989
Other Revenue
$0
Change in Net Assets
$-192,962

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,579,183
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,579,183
Total Revenue per Form 990
$1,579,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,772,145
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$911,583--$911,583
Depreciation Depletion$719,823--$719,823
Insurance$116,273--$116,273
Fees for Services Accounting-$12,759-$12,759
Office Expenses-$10,488-$10,488
Other Expenses-$1,219-$1,219
Total Functional Expenses$1,747,679$24,466$0$1,772,145

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,772,145
Total Expenses per Audited Statements$1,772,145
Total Expenses per Form 990$1,772,145
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Accrued Expenses - Other$37,704

Bond Issues

BondIssuerIssuedIssue PricePurpose
APhiladelphia Authority for Industrial Development2019-02-25$22,415,000BUILDING IMPROVEMENTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$22,415,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has a contract with a third party entity as the management company, handling administrative and organizational duties.”

Form 990, Part VI, Section B, Line 11B

“Management company reviews the 990 and provides a copy to all board members for their review.”

Form 990, Part VI, Section B, Line 12C

“Organization reviews statements of financial interest that are filed by each board member on annual basis for potential conflicts.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interst policy policy, and financial statements available to the public upon requst.”

Filing and Contact Details

Filer

Filer Name
Worlds of Opportunity Foundation
EIN
20-4487817
Phone
8565051300
Address
1600 LOMBARD STREET, PHILADELPHIA, PA 19146

Signing Officer

Name
John Eagen
Title
Board President
Phone
8565051300
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Eagen
Formed
2005
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Maillie Llp
Address
500 NORTH LEWIS RD, LIMERICK, PA 19468
Preparer
Michael Gentile CPA
Phone
6109351420
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There have been no changes to the oversight or selection process during the last year.”

Financial Statement Notes

PART X, LINE 2:

“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, 2024, the foundation had no uncertain tax positions that qualified for either recognition or disclosure in the accompanying financial statements. Additionaly, the foundation had no interest or penalties related to income taxes.”

Raw XML AppendixShowing 400 of 461 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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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01791879
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01590388
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-192962
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01566194
IRS990/SavingsAndTempCashInvstGrp/BOYAmt089853
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0240404
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION IS THE SCHOOL THAT USES THE BUILDING OWNED BY THE ORGANIZATION. THIS IS A HISTROIC RELATIONSHIP THAT IS EXPECTED TO CONTINUE FOR AS LONG AS THE SCHOOL IS IN EXISTENCE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED ORGANIZATION LEASED A BUILDING FROM THE SUPPORTING ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION B, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0233060261
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INDEPENDENCE CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03592868
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02353948
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05946816
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01772145
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0660750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0660750
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015172449
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04535015
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt019707464
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0742365
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0742365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES - OTHER
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01579183
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, 2024, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALY, THE FOUNDATION HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019426067
IRS990ScheduleD/TotalExpensesPerForm990Amt01772145
IRS990ScheduleD/TotalLiabilityAmt037704
IRS990ScheduleD/TotalRevenuePerForm990Amt01579183
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01579183
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01772145
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-02-25
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0232237287
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt022415000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BUILDING IMPROVEMENTS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02021
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt022415000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A CONTRACT WITH A THIRD PARTY ENTITY AS THE MANAGEMENT COMPANY, HANDLING ADMINISTRATIVE AND ORGANIZATIONAL DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT COMPANY REVIEWS THE 990 AND PROVIDES A COPY TO ALL BOARD MEMBERS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION REVIEWS STATEMENTS OF FINANCIAL INTEREST THAT ARE FILED BY EACH BOARD MEMBER ON ANNUAL BASIS FOR POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS DURING THE LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0WORLDS OF OPPORTUNITY FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt01600 LOMBARD GP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0261154895
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0GENERAL PARTNER
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01600 LOMBARD STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd019146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INDEPENDENCE CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0233060261
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01600 LOMBARD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019146
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt021958899
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11566194
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1RENTS COLLECTED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INDEPENDENCE CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1INDEPENDENCE CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt020680000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt020225000
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt020655100
IRS990/TotalAssetsEOYAmt020145995
IRS990/TotalAssetsGrp/BOYAmt020655100
IRS990/TotalAssetsGrp/EOYAmt020145995
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024466
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01747679
IRS990/TotalFunctionalExpensesGrp/TotalAmt01772145

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