Civic Intelligence

First Philadelphia Preparatory Charter School

990 • Fiscal year 2015 • EIN 23-3062230

Jul 01, 2014 to Jun 30, 2015 • Filed on May 03, 2016

Organization ProfileWWW.AP-SCHOOLS.ORG/FIRSTPHILADELPHIA
4300 Tacony StreetPhiladelphia, PA 19124

(215) 743-3100

Siviq Scores

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

Liabilities / Assets

98th percentile

1.93x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

1.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

19th percentile

-6.3%

Higher net margin than 19% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

58th percentile

$194,858

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

97th percentile

77%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$10,532,472

Up $4,582,413 (+77%) from 2014

Net Assets

Down

-$9,748,352

Down $14,509,497 (-305%) from 2014

Liabilities

Up

$20,280,824

Up $19,091,910 (+1606%) from 2014

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin19th percentile

Revenue

Up

$18,919,836

Up $2,811,291 (+17%) from 2014

Expenses

Up

$20,117,331

Up $4,847,145 (+32%) from 2014

Net Income

Down

-$1,197,495

Down $2,035,854 (-243%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$80M$60M$40M$20M$0-$20MAssets 2010: $4,354,798Liabilities 2010: $1,015,315Net Assets 2010: $3,339,4832010Assets 2011: $4,525,408Liabilities 2011: $784,452Net Assets 2011: $3,740,9562011Assets 2012: $4,509,552Liabilities 2012: $722,994Net Assets 2012: $3,786,5582012Assets 2013: $5,154,608Liabilities 2013: $1,231,823Net Assets 2013: $3,922,7852013Assets 2014: $5,950,059Liabilities 2014: $1,188,914Net Assets 2014: $4,761,1452014Assets 2015: $10,532,472Liabilities 2015: $20,280,824Net Assets 2015: -$9,748,3522015Assets 2016: $12,018,796Liabilities 2016: $21,298,375Net Assets 2016: -$9,279,5792016Assets 2017: $12,725,807Liabilities 2017: $24,761,445Net Assets 2017: -$12,035,6382017Assets 2018: $13,513,921Liabilities 2018: $26,010,000Net Assets 2018: -$12,496,0792018Assets 2019: $12,954,607Liabilities 2019: $24,857,422Net Assets 2019: -$11,902,8152019Assets 2020: $12,420,334Liabilities 2020: $24,165,932Net Assets 2020: -$11,745,5982020Assets 2021: $17,098,192Liabilities 2021: $22,885,674Net Assets 2021: -$5,787,4822021Assets 2022: $56,045,316Liabilities 2022: $57,003,255Net Assets 2022: -$957,9392022Assets 2023: $60,342,967Liabilities 2023: $54,426,446Net Assets 2023: $5,916,5212023Assets 2024: $67,004,864Liabilities 2024: $50,279,107Net Assets 2024: $16,725,7572024

Highlighted filing

2015

Assets$10,532,472
Liabilities$20,280,824
Net Assets-$9,748,352
Open 2015 Filing

Operations Trend

Revenue Growth77th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $9,320,4312010Revenue 2011: $10,327,622Expenses 2011: $9,926,149Net Income 2011: $401,4732011Expenses 2012: $9,807,6942012Expenses 2013: $11,850,7392013Revenue 2014: $16,108,545Expenses 2014: $15,270,186Net Income 2014: $838,3592014Revenue 2015: $18,919,836Expenses 2015: $20,117,331Net Income 2015: -$1,197,4952015Revenue 2016: $21,735,338Expenses 2016: $21,266,565Net Income 2016: $468,7732016Revenue 2017: $24,228,992Expenses 2017: $25,084,950Net Income 2017: -$855,9582017Revenue 2018: $27,439,422Expenses 2018: $27,119,863Net Income 2018: $319,5592018Revenue 2019: $28,633,755Expenses 2019: $28,040,495Net Income 2019: $593,2602019Revenue 2020: $28,809,502Expenses 2020: $28,652,283Net Income 2020: $157,2192020Revenue 2021: $32,144,820Expenses 2021: $26,186,704Net Income 2021: $5,958,1162021Revenue 2022: $34,220,830Expenses 2022: $29,391,287Net Income 2022: $4,829,5432022Revenue 2023: $39,399,233Expenses 2023: $32,524,773Net Income 2023: $6,874,4602023Revenue 2024: $48,914,614Expenses 2024: $38,105,378Net Income 2024: $10,809,2362024

Highlighted filing

2015

Revenue$18,919,836
Expenses$20,117,331
Net Income-$1,197,495
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 3, 2016
Return Version
2014v6.0
Gross Receipts
$18,919,836
Mission and Program Overview

Mission

The mission of first philadelphia preparatory charter school is to provide a high quality public education to students in grades k-12 in philadelphia.

CHARTER SCHOOL

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,314,227$3,569,327▲ $1,255,100
Prepaid Expenses and Deferred Charges$1,017,122$808,000▼ $209,122
Land, Buildings, and Equipment, Net$677,932$658,911▼ $19,021
Pledges and Grants Receivable$1,408,286$414,838▼ $993,448
Accounts Receivable$279,103$244,607▼ $34,496
Total Assets$5,950,059$10,532,472▲ $4,582,413
Other Assets Total$253,389$4,836,789▲ $4,583,400
Liabilities
Other Liabilities$0$19,000,000▲ $19,000,000
Accounts Payable and Accrued Expenses$1,188,914$1,280,824▲ $91,910
Total Liabilities$1,188,914$20,280,824▲ $19,091,910
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$658,911-
Unrestricted Net Assets$4,761,145$-10,407,263▼ $15,168,408
Total Net Assets Fund Balance$4,761,145$-9,748,352▼ $14,509,497
Total Liabilities and Net Assets / Fund Balance$5,950,059$10,532,472▲ $4,582,413

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$388,566$464,287$852,853
Equipment$227,012$54,128$281,140
Other Land Buildings$43,333$3,330$46,663
Other Assets Org$3,332,000--
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph GillespiePhdFT$141,946$52,912$194,858

Board Members and Trustees

NameTitle
John MacdonaldPresident
Karin Y CogerVice President
Theresa GrumbrechtMember
Barbara SaundersSecretary
Anita KaiserTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
United HealthcareHealthcareDEP CH 10151, Palatine, IL 60055$1,146,330
Linton's Managed ServicesFood Service4 SENTRY PARKWAY EAST SUITE 100, Blue Bell, PA 19422$897,356
R&a Personal Touch Cleaning ServiceCustodial Services618 MAPLE AVENUE, Philadelphia, PA 19116$257,175
Cdw Government INCComputers75 REMITTANCE DRIVE SUITE 1515, Chicago, IL 60675$250,676
Community Council-mhmrSpecial Ed SvcsPO BOX 28216, Philadelphia, PA 19131$241,960
Revenue and Support

Revenue Composition

Contributions and Grants
$2,862,011
Program Service Revenue
$16,057,825
Investment Income
$0
Other Revenue
$0
All Other Contributions
$968,470
Change in Net Assets
$-1,197,495

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,919,836
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$18,919,836
Total Revenue per Form 990
$18,919,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,007,733
Other Expenses$9,109,598
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,151,397$1,078,073-$6,229,470
Occupancy$2,788,690$697,172-$3,485,862
Pension Plan Contributions$1,991,154$483,256-$2,474,410
Other Employee Benefits$1,282,235$333,622-$1,615,857
Information Technology$427,041$463,093-$890,134
Fees for Services Other$561,758$318,280-$880,038
Fees for Services Management-$873,325-$873,325
Office Expenses$209,668$388,811-$598,479
Payroll Taxes$401,475$96,976-$498,451
Current Officers, Directors, Trustees, and Key Employees-$189,545-$189,545
Insurance-$171,924-$171,924
Fees for Services Legal-$149,071-$149,071
Depreciation Depletion$23,920$63,963-$87,883
Fees for Services Accounting-$26,715-$26,715
Advertising-$4,980-$4,980
Travel$28$3,762-$3,790
Conferences and Meetings$2,953$584-$3,537
Other Expenses$3,200$273-$3,200
Total Functional Expenses$14,040,070$6,077,261$0$20,117,331

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,117,331
Total Expenses per Audited Statements$20,117,331
Total Expenses per Form 990$20,117,331
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
Deferred Revenue, Net of Current Portion$17,732,000
Deferred Difference Between Projected and Actual Investment Earnings$1,268,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Section A, Line 6

“6 members of the board of trustees”

Form 990, Part VI, Section B, Line 11

“First philadelphia preparatory charter school form 990 is prepared by an outside, independent cpa firm and is reviewed by the board prior to filing.”

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

“Board members file a statement of financial interst annually.”

Form 990, Part VI, Section B, Line 15A

“Board and management company make recommendations for ceo compensation.”

Form 990, Part VI, Section C, Line 19

“Right to know request through legal council.”

Filing and Contact Details

Filer

Filer Name
First Philadelphia Preparatory Charter School
EIN
23-3062230
Phone
2157433100
Address
4300 TACONY STREET, PHILADELPHIA, PA 19124

Signing Officer

Name
Dr Joseph Gillespie
Title
Principal
Phone
2157433100
Signed
2016-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Joseph Gillespie
Formed
2002
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
232
Volunteers
0

Preparer

Firm
Zelenkofske Axelrod LLC
Address
2370 YORK ROAD SUITE A-5, JAMISON, PA 18929
Preparer
Donna Scamby-powers
Phone
2159182277
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Restatement of net assets due to gasb 68 implementation -13,312,002.”

Raw XML AppendixShowing 400 of 513 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/Desc0FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL FOR LITERACY IS A CHARTER SCHOOL IN THE CITY OF PHILADELPHIA, PENNSYLVANIA, WHICH PROVIDES EDUCATIONAL INSTRUCTION TO STUDENTS FROM GRADES K THROUGH 9.
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IRS990/MissionDesc0THE MISSION OF FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL IS TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN GRADES K-9 IN PHILADELPHIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04761145
IRS990/NetAssetsOrFundBalancesEOYAmt0-9748352
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0697172
IRS990/OccupancyGrp/ProgramServicesAmt02788690
IRS990/OccupancyGrp/TotalAmt03485862
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0388811
IRS990/OfficeExpensesGrp/ProgramServicesAmt0209668
IRS990/OfficeExpensesGrp/TotalAmt0598479
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0253389
IRS990/OtherAssetsTotalGrp/EOYAmt04836789
IRS990/OtherChangesInNetAssetsAmt0-13312002
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0333622
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01282235
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01615857
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES-DIRECTLY
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS/EQUIPMENT
IRS990/OtherExpensesGrp/Desc2BOOKS AND TUITION
IRS990/OtherExpensesGrp/Desc3PUPIL TRANSPORTATION/TR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0733836
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1273
IRS990/OtherExpensesGrp/ProgramServicesAmt0910339
IRS990/OtherExpensesGrp/ProgramServicesAmt12108
IRS990/OtherExpensesGrp/ProgramServicesAmt2284104
IRS990/OtherExpensesGrp/ProgramServicesAmt33200
IRS990/OtherExpensesGrp/TotalAmt0910339
IRS990/OtherExpensesGrp/TotalAmt1735944
IRS990/OtherExpensesGrp/TotalAmt2284377
IRS990/OtherExpensesGrp/TotalAmt33200
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt019000000
IRS990/OtherOrganizationDsc0CHARTER SCHOOL
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01078073
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05151397
IRS990/OtherSalariesAndWagesGrp/TotalAmt06229470
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt096976
IRS990/PayrollTaxesGrp/ProgramServicesAmt0401475
IRS990/PayrollTaxesGrp/TotalAmt0498451
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0483256
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01991154
IRS990/PensionPlanContributionsGrp/TotalAmt02474410
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01408286
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0414838
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01017122
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0808000
IRS990/PrincipalOfficerNm0DR JOSEPH GILLESPIE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624210
IRS990/ProgramServiceRevenueGrp/BusinessCd1624210
IRS990/ProgramServiceRevenueGrp/BusinessCd2624210
IRS990/ProgramServiceRevenueGrp/BusinessCd3624210
IRS990/ProgramServiceRevenueGrp/Desc0LOCAL EDUCATION AGENCY
IRS990/ProgramServiceRevenueGrp/Desc1STATE GRANTS, REIBURSMENTS
IRS990/ProgramServiceRevenueGrp/Desc2CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015560524
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1302928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2171761
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt322612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015560524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1302928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2171761
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt322612
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01280201
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt06997304
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014828344
IRS990/PYRevenuesLessExpensesAmt0838359
IRS990/PYSalariesCompEmpBnftPaidAmt08272882
IRS990/PYTotalExpensesAmt015270186
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016108545
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1197495
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0227012
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054128
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0281140
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt020117331
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0388566
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0464287
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0852853
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0445620
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11059169
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23332000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM FRANKFORD VALLEY FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED CONTRIBUTIONS SUBSEQUENT TO MEASUREMENT DATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CHANGES IN PENSION PROPORTIONS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043333
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03330
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017732000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11268000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE, NET OF CURRENT PORTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED DIFFERENCE BETWEEN PROJECTED AND ACTUAL INVESTMENT EARNINGS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt018919836
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0658911
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04836789
IRS990ScheduleD/TotalExpensesPerForm990Amt020117331
IRS990ScheduleD/TotalLiabilityAmt019000000
IRS990ScheduleD/TotalRevenuePerForm990Amt018919836
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018919836
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020117331
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INCLUDED ON THE BOTTOM OF EACH APPLICATION AND ANY DOCUMENTS RELEASED TO THE PUBLIC.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED BY THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0141946
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt030377
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022535
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH GILLESPIE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PHD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0194858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt06 MEMBERS OF THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL FORM 990 IS PREPARED BY AN OUTSIDE, INDEPENDENT CPA FIRM AND IS REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS FILE A STATEMENT OF FINANCIAL INTERST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD AND MANAGEMENT COMPANY MAKE RECOMMENDATIONS FOR CEO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RIGHT TO KNOW REQUEST THROUGH LEGAL COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RESTATEMENT OF NET ASSETS DUE TO GASB 68 IMPLEMENTATION -13,312,002.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,532,472
Liabilities
$20,280,824
Net assets
-$9,748,352
Revenue
$18,919,836
Expenses
$20,117,331
Net income
-$1,197,495
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.0$50.3$16.7$48.9$38.1$10.8
2023Summary only. Only limited summary data is available for this year.$60.3$54.4$5.92$39.4$32.5$6.87
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.0$57.0$0.96$34.2$29.4$4.83
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$22.9$5.79$32.1$26.2$5.96
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$24.2$11.7$28.8$28.7$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$24.9$11.9$28.6$28.0$0.59
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$26.0$12.5$27.4$27.1$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$24.8$12.0$24.2$25.1$0.86
2016Summary only. Only limited summary data is available for this year.$12.0$21.3$9.28$21.7$21.3$0.47
2015Detailed filing. Detailed filing data is available for this year.$10.5$20.3$9.75$18.9$20.1$1.20
2014Detailed filing. Detailed filing data is available for this year.$5.95$1.19$4.76$16.1$15.3$0.84
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$1.23$3.92$11.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.72$3.79$9.81
2011Summary only. Only limited summary data is available for this year.$4.53$0.78$3.74$10.3$9.93$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$1.02$3.34$9.32
Peer Organizations

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