Civic Intelligence

Independence Charter School

990 • Fiscal year 2010 • EIN 23-3060261

Jul 01, 2009 to Jun 30, 2010 • Filed on May 13, 2011

1600 Lombard Street19146
Siviq Scores

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

Liabilities / Assets

58th percentile

0.33x

Higher debt load relative to assets than 58% of similar nonprofits.

2010 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$4,105,122

No earlier filing loaded for comparison.

Net Assets

$2,763,091

No earlier filing loaded for comparison.

Liabilities

$1,342,031

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$7,763,524

No earlier filing loaded for comparison.

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.

$40M$20M$0-$20MAssets 2010: $4,105,122Liabilities 2010: $1,342,031Net Assets 2010: $2,763,0912010Assets 2011: $4,895,715Liabilities 2011: $1,227,735Net Assets 2011: $3,667,9802011Assets 2012: $6,059,119Liabilities 2012: $1,385,845Net Assets 2012: $4,673,2742012Assets 2013: $6,419,654Liabilities 2013: $1,271,361Net Assets 2013: $5,148,2932013Assets 2014: $7,010,635Liabilities 2014: $1,347,067Net Assets 2014: $5,663,5682014Assets 2015: $8,507,905Liabilities 2015: $15,763,893Net Assets 2015: -$7,255,9882015Assets 2016: $8,232,928Liabilities 2016: $15,836,917Net Assets 2016: -$7,603,9892016Assets 2017: $9,468,842Liabilities 2017: $17,340,547Net Assets 2017: -$7,871,7052017Assets 2018: $9,149,621Liabilities 2018: $17,129,376Net Assets 2018: -$7,979,7552018Assets 2019: $9,526,474Liabilities 2019: $16,068,965Net Assets 2019: -$6,542,4912019Assets 2020: $10,340,204Liabilities 2020: $15,165,639Net Assets 2020: -$4,825,4352020Assets 2021: $12,377,005Liabilities 2021: $15,512,686Net Assets 2021: -$3,135,6812021Assets 2022: $31,381,164Liabilities 2022: $35,305,695Net Assets 2022: -$3,924,5312022Assets 2023: $28,894,334Liabilities 2023: $34,402,871Net Assets 2023: -$5,508,5372023Assets 2024: $26,558,298Liabilities 2024: $33,736,051Net Assets 2024: -$7,177,7532024

Highlighted filing

2010

Assets$4,105,122
Liabilities$1,342,031
Net Assets$2,763,091

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $7,763,5242010Expenses 2011: $9,051,7432011Expenses 2012: $8,866,9082012Revenue 2013: $9,507,784Expenses 2013: $9,032,765Net Income 2013: $475,0192013Revenue 2014: $9,977,776Expenses 2014: $9,462,501Net Income 2014: $515,2752014Revenue 2015: $9,460,197Expenses 2015: $10,021,114Net Income 2015: -$560,9172015Revenue 2016: $9,812,032Expenses 2016: $10,160,033Net Income 2016: -$348,0012016Revenue 2017: $10,254,610Expenses 2017: $10,522,326Net Income 2017: -$267,7162017Revenue 2018: $11,171,239Expenses 2018: $10,659,289Net Income 2018: $511,9502018Revenue 2019: $12,778,304Expenses 2019: $11,341,044Net Income 2019: $1,437,2602019Revenue 2020: $13,362,863Expenses 2020: $11,645,806Net Income 2020: $1,717,0572020Revenue 2021: $14,425,850Expenses 2021: $12,821,782Net Income 2021: $1,604,0682021Revenue 2022: $15,900,595Expenses 2022: $16,689,445Net Income 2022: -$788,8502022Revenue 2023: $17,137,299Expenses 2023: $18,721,305Net Income 2023: -$1,584,0062023Revenue 2024: $18,954,882Expenses 2024: $20,624,098Net Income 2024: -$1,669,2162024

Highlighted filing

2010

Revenue-
Expenses$7,763,524
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
May 13, 2011
Return Version
2009v1.7
Gross Receipts
$9,202,088
Mission and Program Overview

Mission

The primary mission of independence charter school is to provide an intellectually stimulating curriculum with an international focus, emphasizing the arts, languages, ideas, and histories, from an array of cultures from around the world. To meet its goals, the school draws heavily on the resources available in philadelphia - the museums, historic landmarks, businesses, schools, parks, and communities, and families.

Filing and Contact Details

Filer

EIN
23-3060261
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IRS990ScheduleO/GeneralExplanation/Explanation0ORGANIZATION HAS A COMMITTEE ON THE BOARD WHO REVIEWS AND EVALUATES THE COMPENSATION OF ALL EMPLOYEES.
IRS990ScheduleO/GeneralExplanation/Explanation1ORGANIZATION REVIEWS STATEMENTS OF FINANCIAL INTEREST THAT ARE FILED BY EACH BOARD MEMBER ON AN ANNUAL BASIS FOR ANY POTENETIAL CONFLICTS.
IRS990ScheduleO/GeneralExplanation/Explanation2PAID PREPARER PRESENTS THE IRS FORM 990 TO THE BOARD OF TRUSTEES AND WALKS THEM THROUGH THE FORM AND ASKS THAT THEY REVIEW THE FORM IN DETAIL PRIOR TO SIGNING AND FILING.
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IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 11: Form 990 Review Process
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IRS990ScheduleR/OtherTransferToOtherOrg0false
IRS990ScheduleR/PerformOfServicesByOtherOrgs0false
IRS990ScheduleR/PerformOfServicesForOtherOrgs0false
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg0false
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties0false
IRS990ScheduleR/ReimbursementPaidByOtherOrg0false
IRS990ScheduleR/ReimbursementPaidToOtherOrg0false
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs0true
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs0false
IRS990ScheduleR/SaleOfAssetsToOtherOrg0false
IRS990ScheduleR/SharingOfFacilities0false
IRS990ScheduleR/SharingOfPaidEmployees0false
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved01321150
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved117755000
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10Worlds of Opportunity
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine11Worlds of Opportunity
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType0j
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType1d
IRS990/School0true
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0PA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.6$33.7$7.18$19.0$20.6$1.67
2023Detailed filing. Detailed filing data is available for this year.$28.9$34.4$5.51$17.1$18.7$1.58
2022Detailed filing. Detailed filing data is available for this year.$31.4$35.3$3.92$15.9$16.7$0.79
2021Detailed filing. Detailed filing data is available for this year.$12.4$15.5$3.14$14.4$12.8$1.60
2020Detailed filing. Detailed filing data is available for this year.$10.3$15.2$4.83$13.4$11.6$1.72
2019Detailed filing. Detailed filing data is available for this year.$9.53$16.1$6.54$12.8$11.3$1.44
2018Detailed filing. Detailed filing data is available for this year.$9.15$17.1$7.98$11.2$10.7$0.51
2017Detailed filing. Detailed filing data is available for this year.$9.47$17.3$7.87$10.3$10.5$0.27
2016Detailed filing. Detailed filing data is available for this year.$8.23$15.8$7.60$9.81$10.2$0.35
2015Detailed filing. Detailed filing data is available for this year.$8.51$15.8$7.26$9.46$10.0$0.56
2014Detailed filing. Detailed filing data is available for this year.$7.01$1.35$5.66$9.98$9.46$0.52
2013Summary only. Only limited summary data is available for this year.$6.42$1.27$5.15$9.51$9.03$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$1.39$4.67$8.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$1.23$3.67$9.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$1.34$2.76$7.76