Civic Intelligence

First Philadelphia Preparatory Charter School

990 • Fiscal year 2017 • EIN 23-3062230

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 29, 2018

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

99th percentile

1.95x

Higher debt load relative to assets than 99% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

1.02x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

24th percentile

-3.5%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

55th percentile

$186,941

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

55th percentile

5.9%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$12,725,807

Up $707,011 (+5.9%) from 2016

Net Assets

Down

-$12,035,638

Down $2,756,059 (-30%) from 2016

Liabilities

Up

$24,761,445

Up $3,463,070 (+16%) from 2016

Revenue

Up

$24,228,992

Up $2,493,654 (+11%) from 2016

Expenses

Up

$25,084,950

Up $3,818,385 (+18%) from 2016

Net Income

Down

-$855,958

Down $1,324,731 (-283%) from 2016

Historical Trend

Balance Sheet Trend

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

2017

Assets$12,725,807
Liabilities$24,761,445
Net Assets-$12,035,638

Operations Trend

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

2017

Revenue$24,228,992
Expenses$25,084,950
Net Income-$855,958
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 29, 2018
Return Version
2016v3.0
Gross Receipts
$24,228,992
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.

First philadelphia preparatory charter school is in existence to provide a high quality public education for students in grades k-12 in the city of philadelphia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,683,268$5,556,247▼ $127,021
Land, Buildings, and Equipment, Net$838,149$815,669▼ $22,480
Pledges and Grants Receivable$566,037$811,191▲ $245,154
Prepaid Expenses and Deferred Charges$727,895$291,635▼ $436,260
Other Notes and Loans Receivable, Net-$202,602-
Accounts Receivable$495,521$65,776▼ $429,745
Total Assets$12,018,796$12,725,807▲ $707,011
Other Assets Total$3,707,926$4,982,687▲ $1,274,761
Liabilities
Other Liabilities$19,167,000$23,409,609▲ $4,242,609
Deferred Revenue-$958,745-
Accounts Payable and Accrued Expenses$2,131,375$393,091▼ $1,738,284
Total Liabilities$21,298,375$24,761,445▲ $3,463,070
Net Assets / Fund Balance
Temporarily Rstr Net Assets$838,149$0▼ $838,149
Unrestricted Net Assets$-10,117,728$-12,035,638▼ $1,917,910
Total Net Assets Fund Balance$-9,279,579$-12,035,638▼ $2,756,059
Total Liabilities and Net Assets / Fund Balance$12,018,796$12,725,807▲ $707,011

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$473,433$417,021$890,454
Equipment$263,596$99,003$362,599
Other Land Buildings$78,640$58,157$136,797
Other Assets Org$16,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph GillespieChief Executive OfficerFT$153,839$33,102$186,941

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
Independence Blue CrossInsurance ServicesPO BOX 8500, Philadelphia, PA 19178$1,425,856
American Paradigm SchoolsManagement Services8101 CASTOR AVENUE, Philadelphia, PA 19152$1,169,384
Lintons Management ServicesFood Services4 SENTRY PARKWAY EAST SUITE 100, Blue Bell, PA 19422$825,918
Delta-t Groups INCGuidance Services950 E HAVERFORD RD 200, Bryn Mawr, PA 19010$325,938
Sand & Saidel PCLegal Services113 S 21ST STREET, Philadelphia, PA 19103$264,806
Revenue and Support

Revenue Composition

Contributions and Grants
$3,251,058
Program Service Revenue
$20,734,179
Investment Income
$1,162
Other Revenue
$242,593
All Other Contributions
$230,872
Change in Net Assets
$-855,958

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,228,992
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$24,228,992
Total Revenue per Form 990
$24,228,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,828,263
Other Expenses$11,256,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,462,431$2,447,101-$8,909,532
Occupancy$4,050,795$492,478-$4,543,273
Pension Plan Contributions$1,400,167$669,775-$2,069,942
Other Employee Benefits$1,265,629$573,937-$1,839,566
Fees for Services Other$886,585$638,281-$1,524,866
Fees for Services Management-$1,450,810-$1,450,810
Payroll Taxes$581,588$240,694-$822,282
Office Expenses$401,517$158,488-$560,005
All Other Expenses$7,384$411,722-$419,106
Fees for Services Legal-$224,052-$224,052
Other Expenses$194,415$273-$194,688
Current Officers, Directors, Trustees, and Key Employees-$186,941-$186,941
Depreciation Depletion$82,681$62,697-$145,378
Insurance$35,251$91,480-$126,731
Fees for Services Accounting-$27,795-$27,795
Conferences and Meetings-$17,518-$17,518
Travel$78$14,086-$14,164
Advertising-$777-$777
Total Functional Expenses$17,376,045$7,708,905$0$25,084,950

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,084,950
Total Expenses per Audited Statements$25,084,950
Total Expenses per Form 990$25,084,950
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
Net Pension Liability$17,940,000
Deferred Inflows Related to Pensions$2,799,000
Accrued Rent$1,459,853
Accrued Salaries and Benefits$1,149,745
Due to Student Groups$61,011
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

5 members of the board of trustees

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

First philadelphia 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 interest 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
EIN
23-3062230
Phone
2157433100
Address
4300 TACONY STREET, PHILADELPHIA, PA 19124

Signing Officer

Name
Dr Joseph Gillespie
Title
CEO
Phone
2157433100
Signed
2018-01-29
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
277
Volunteers
0

Preparer

Firm
St Clair Cpas Pc
Address
28 S CENTRE STREET, MERCHANTVILLE, NJ 08109
Preparer
Brian D Dimattesa CPA
Phone
8564825600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The school and the foundation account for uncertainty in income taxes in which 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 taxing authorities. As of june 30, 2017, the school and the foundation had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements. Additionally, there was no interest and penalties related to income taxes. The school and the foundation each file federal form 990 (return of organization exempt from income tax). With few exceptions they are no longer subject to u.s. Federal and state tax examinations by taxing authorities for years before fiscal year ended june 30, 2014.

Raw XML AppendixShowing 400 of 554 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/LandBldgEquipBasisNetGrp/BOYAmt0838149
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0815669
IRS990/LandBldgEquipCostOrOtherBssAmt01389850
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL IS TO PROVIDE A HIGH QUALITY PUBLIC EDUCATION TO STUDENTS IN GRADES K-12 IN PHILADELPHIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-9279579
IRS990/NetAssetsOrFundBalancesEOYAmt0-12035638
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0492478
IRS990/OccupancyGrp/ProgramServicesAmt04050795
IRS990/OccupancyGrp/TotalAmt04543273
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0158488
IRS990/OfficeExpensesGrp/ProgramServicesAmt0401517
IRS990/OfficeExpensesGrp/TotalAmt0560005
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03707926
IRS990/OtherAssetsTotalGrp/EOYAmt04982687
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0573937
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01265629
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01839566
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc1TUITION
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION
IRS990/OtherExpensesGrp/Desc3BOOKS AND PERIODICALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0273
IRS990/OtherExpensesGrp/ProgramServicesAmt01069284
IRS990/OtherExpensesGrp/ProgramServicesAmt1640279
IRS990/OtherExpensesGrp/ProgramServicesAmt2297961
IRS990/OtherExpensesGrp/ProgramServicesAmt3194415
IRS990/OtherExpensesGrp/TotalAmt01069284
IRS990/OtherExpensesGrp/TotalAmt1640279
IRS990/OtherExpensesGrp/TotalAmt2297961
IRS990/OtherExpensesGrp/TotalAmt3194688
IRS990/OtherLiabilitiesGrp/BOYAmt019167000
IRS990/OtherLiabilitiesGrp/EOYAmt023409609
IRS990/OtherOrganizationDsc0CHARTER SCHOOL
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0CHILD CARE FEES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0195646
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt146947
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0195646
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt146947
IRS990/OtherRevenueTotalAmt0242593
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02447101
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06462431
IRS990/OtherSalariesAndWagesGrp/TotalAmt08909532
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0202602
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0240694
IRS990/PayrollTaxesGrp/ProgramServicesAmt0581588
IRS990/PayrollTaxesGrp/TotalAmt0822282
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0669775
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01400167
IRS990/PensionPlanContributionsGrp/TotalAmt02069942
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0566037
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0811191
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0727895
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0291635
IRS990/PrincipalOfficerNm0DR JOSEPH GILLESPIE
IRS990/PriorPeriodAdjustmentsAmt0-1900101
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL DISTRICT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020727471
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16708
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020727471
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16708
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01162
IRS990/PYOtherExpensesAmt09922241
IRS990/PYOtherRevenueAmt01154655
IRS990/PYProgramServiceRevenueAmt020554521
IRS990/PYRevenuesLessExpensesAmt0468773
IRS990/PYSalariesCompEmpBnftPaidAmt011344324
IRS990/PYTotalExpensesAmt021266565
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt021735338
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-855958
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020977934
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0263596
IRS990ScheduleD/EquipmentGrp/DepreciationAmt099003
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0362599
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt025084950
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0473433
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0417021
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0890454
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04039
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14962648
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS REALTED TO PENSIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt078640
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058157
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0136797
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01149745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt161011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt217940000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31459853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42799000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALARIES AND BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO STUDENT GROUPS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt024228992
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL AND THE FOUNDATION ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN WHICH 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 TAXING AUTHORITIES. AS OF JUNE 30, 2017, THE SCHOOL AND THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THERE WAS NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE SCHOOL AND THE FOUNDATION EACH FILE FEDERAL FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). WITH FEW EXCEPTIONS THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE FISCAL YEAR ENDED JUNE 30, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0815669
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04982687
IRS990ScheduleD/TotalExpensesPerForm990Amt025084950
IRS990ScheduleD/TotalLiabilityAmt023409609
IRS990ScheduleD/TotalRevenuePerForm990Amt024228992
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt024228992
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt025084950
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/ExplanationTxt2THE CHARTER RECEIVES FEDERAL AND STATE GRANT MONEY FOR THE IDEA, TITLE I, TITLE II, TITLE III, AND NATIONAL SCHOOL LUNCH PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153839
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0273
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07692
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025137
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEPH GILLESPIE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0186941
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2017Detailed filing. Detailed filing data is available for this year.$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