Civic Intelligence

New Foundations Charter School

990 • Fiscal year 2013 • EIN 23-3040993

Jul 01, 2012 to Jun 30, 2013 • Filed on May 08, 2014

8001 Torresdale Avenue19136
Siviq Scores

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

Liabilities / Assets

52nd percentile

0.27x

Higher debt load relative to assets than 52% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

75th percentile

12%

Faster asset growth than 75% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,859,221

Up $525,310 (+12%) from 2012

Net Assets

Up

$3,526,056

Up $377,484 (+12%) from 2012

Liabilities

Up

$1,333,165

Up $147,826 (+12%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$11,353,441

Up $1,431,951 (+14%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $3,108,353Liabilities 2010: $978,278Net Assets 2010: $2,130,0752010Assets 2011: $3,571,057Liabilities 2011: $1,040,848Net Assets 2011: $2,530,2092011Assets 2012: $4,333,911Liabilities 2012: $1,185,339Net Assets 2012: $3,148,5722012Assets 2013: $4,859,221Liabilities 2013: $1,333,165Net Assets 2013: $3,526,0562013Assets 2014: $6,127,276Liabilities 2014: $1,658,450Net Assets 2014: $4,468,8262014Assets 2015: $10,024,669Liabilities 2015: $19,715,269Net Assets 2015: -$9,690,6002015Assets 2016: $10,422,091Liabilities 2016: $20,147,790Net Assets 2016: -$9,725,6992016Assets 2017: $14,225,773Liabilities 2017: $24,163,691Net Assets 2017: -$9,937,9182017Assets 2018: $13,138,023Liabilities 2018: $24,229,660Net Assets 2018: -$11,091,6372018Assets 2019: $12,849,797Liabilities 2019: $24,627,923Net Assets 2019: -$11,778,1262019Assets 2020: $14,838,621Liabilities 2020: $23,697,342Net Assets 2020: -$8,858,7212020Assets 2021: $17,967,778Liabilities 2021: $23,345,040Net Assets 2021: -$5,377,2622021Assets 2022: $41,603,312Liabilities 2022: $43,609,169Net Assets 2022: -$2,005,8572022Assets 2023: $40,604,482Liabilities 2023: $42,073,334Net Assets 2023: -$1,468,8522023Assets 2024: $39,956,647Liabilities 2024: $41,027,165Net Assets 2024: -$1,070,5182024Assets 2025: $37,933,065Liabilities 2025: $39,283,412Net Assets 2025: -$1,350,3472025

Highlighted filing

2013

Assets$4,859,221
Liabilities$1,333,165
Net Assets$3,526,056

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $6,913,1802010Expenses 2011: $8,046,0612011Expenses 2012: $9,921,4902012Expenses 2013: $11,353,4412013Revenue 2014: $14,561,037Expenses 2014: $13,618,265Net Income 2014: $942,7722014Revenue 2015: $14,804,223Expenses 2015: $15,184,889Net Income 2015: -$380,6662015Revenue 2016: $16,145,532Expenses 2016: $16,180,631Net Income 2016: -$35,0992016Revenue 2017: $17,006,610Expenses 2017: $17,218,828Net Income 2017: -$212,2182017Revenue 2018: $18,851,172Expenses 2018: $19,097,891Net Income 2018: -$246,7192018Revenue 2019: $20,054,787Expenses 2019: $18,784,065Net Income 2019: $1,270,7222019Revenue 2020: $21,727,743Expenses 2020: $18,808,338Net Income 2020: $2,919,4052020Revenue 2021: $23,202,828Expenses 2021: $19,959,301Net Income 2021: $3,243,5272021Revenue 2022: $26,169,943Expenses 2022: $22,798,538Net Income 2022: $3,371,4052022Revenue 2023: $28,862,542Expenses 2023: $28,325,537Net Income 2023: $537,0052023Revenue 2024: $32,045,649Expenses 2024: $31,647,315Net Income 2024: $398,3342024Revenue 2025: $33,553,671Expenses 2025: $33,833,499Net Income 2025: -$279,8282025

Highlighted filing

2013

Revenue-
Expenses$11,353,441
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 8, 2014
Return Version
2012v2.1
Gross Receipts
$11,730,925
Mission and Program Overview

Mission

The mission is to provide students with the academic, social and emotional foundations and skills necessary to become high achieving, socially competent stewards of their communities. The founders of the new foundations charter school will ensure a commitment to lifelong learning and achievement of all our students by creating an atmosphere of caring that prevades every aspect of school life, and promotes attachment to and responsibility for all members of our school community.

Filing and Contact Details

Filer

EIN
23-3040993
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IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0CEO
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0161423
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/IndependentConsultant0X
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE 990 IS PREPARED BY THE INDEPENDENT AUDITING FIRM AND PRESENTED TO THE BOARD OF TRUSTEES OF THE GOVERNING BODY FOR REVIEW AND APPROVAL.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD AND APPROPRIATE STAFF HAVE RECEIVED TRAINING FROM THEIR SOLICITOR ON CONFLICT OF INTEREST DURING BOARD MEETINGS. THE SCHOOL ALSO RECEIVES UPDATES TO CONFLICT OF INTEREST POLICIES AND INFORMATION FROM THE SOLICITOR THROUGHOUT THE YEAR. THE BOARD REVIEWS ITS POLICY ON CONFLICT OF INTEREST EACH YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation2THE SCHOOL HIRES A CONSULTANT TO ADVISE THE BOARD WITH THE REVIEW OF SALARIES.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION MAKES ITS REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, WRITTEN OR VERBAL.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine108001 TORRESDALE AVENUE
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0PHILADELPHIA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0PA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode019136
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/EIN0233086658
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0PA
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine108001 TORRESDALE CORPORATION
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0SUPPORT ORGANIZATION
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$37.9$39.3$1.35$33.6$33.8$0.28
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.0$41.0$1.07$32.0$31.6$0.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.6$42.1$1.47$28.9$28.3$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.6$43.6$2.01$26.2$22.8$3.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$23.3$5.38$23.2$20.0$3.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$23.7$8.86$21.7$18.8$2.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$24.6$11.8$20.1$18.8$1.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$24.2$11.1$18.9$19.1$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$24.2$9.94$17.0$17.2$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$20.1$9.73$16.1$16.2$0.04
2015Detailed filing. Detailed filing data is available for this year.$10.0$19.7$9.69$14.8$15.2$0.38
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.13$1.66$4.47$14.6$13.6$0.94
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$1.33$3.53$11.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$1.19$3.15$9.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$1.04$2.53$8.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.98$2.13$6.91