Civic Intelligence

Pennsylvania Virtual Charter School

990 • Fiscal year 2011 • EIN 23-3075231

Jul 01, 2010 to Jun 30, 2011 • Filed on May 10, 2012

One West Main Street No 40019401
Siviq Scores

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

Liabilities / Assets

42nd percentile

0.25x

Higher debt load relative to assets than 42% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

4th percentile

-16%

Faster asset growth than 4% of similar nonprofits.

2011 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$16,125,695

Down $3,170,330 (-16%) from 2010

Net Assets

Up

$12,142,818

Up $1,058,034 (+9.5%) from 2010

Liabilities

Down

$3,982,877

Down $4,228,364 (-51%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$37,397,477

Up $1,129,453 (+3.1%) from 2010

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$0Assets 2010: $19,296,025Liabilities 2010: $8,211,241Net Assets 2010: $11,084,7842010Assets 2011: $16,125,695Liabilities 2011: $3,982,877Net Assets 2011: $12,142,8182011Assets 2012: $15,119,828Liabilities 2012: $2,691,009Net Assets 2012: $12,428,8192012Assets 2013: $14,630,656Liabilities 2013: $4,029,377Net Assets 2013: $10,601,2792013Assets 2014: $16,844,715Liabilities 2014: $4,759,375Net Assets 2014: $12,085,3402014Assets 2015: $17,223,149Liabilities 2015: $3,844,391Net Assets 2015: $13,378,7582015Assets 2016: $17,398,139Liabilities 2016: $3,298,675Net Assets 2016: $14,099,4642016Assets 2017: $19,078,457Liabilities 2017: $4,849,360Net Assets 2017: $14,229,0972017Assets 2018: $18,165,889Liabilities 2018: $4,724,778Net Assets 2018: $13,441,1112018Assets 2019: $17,193,971Liabilities 2019: $4,818,842Net Assets 2019: $12,375,1292019Assets 2020: $20,663,827Liabilities 2020: $9,190,307Net Assets 2020: $11,473,5202020Assets 2021: $24,898,829Liabilities 2021: $5,437,675Net Assets 2021: $19,461,1542021Assets 2022: $30,548,587Liabilities 2022: $4,602,398Net Assets 2022: $25,946,1892022Assets 2023: $39,631,620Liabilities 2023: $10,006,412Net Assets 2023: $29,625,2082023Assets 2024: $50,733,158Liabilities 2024: $8,787,593Net Assets 2024: $41,945,5652024

Highlighted filing

2011

Assets$16,125,695
Liabilities$3,982,877
Net Assets$12,142,818

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $36,268,0242010Expenses 2011: $37,397,4772011Expenses 2012: $38,108,3012012Expenses 2013: $36,756,9982013Revenue 2014: $31,631,086Expenses 2014: $30,147,025Net Income 2014: $1,484,0612014Revenue 2015: $29,948,520Expenses 2015: $28,655,102Net Income 2015: $1,293,4182015Revenue 2016: $30,053,397Expenses 2016: $29,332,691Net Income 2016: $720,7062016Revenue 2017: $29,102,760Expenses 2017: $28,973,127Net Income 2017: $129,6332017Revenue 2018: $31,080,925Expenses 2018: $31,868,911Net Income 2018: -$787,9862018Revenue 2019: $31,706,702Expenses 2019: $32,772,684Net Income 2019: -$1,065,9822019Revenue 2020: $33,358,734Expenses 2020: $34,260,343Net Income 2020: -$901,6092020Revenue 2021: $49,068,085Expenses 2021: $41,080,451Net Income 2021: $7,987,6342021Revenue 2022: $56,299,619Expenses 2022: $49,814,584Net Income 2022: $6,485,0352022Revenue 2023: $56,437,458Expenses 2023: $52,758,439Net Income 2023: $3,679,0192023Revenue 2024: $63,422,840Expenses 2024: $51,102,483Net Income 2024: $12,320,3572024

Highlighted filing

2011

Revenue-
Expenses$37,397,477
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 10, 2012
Return Version
2010v3.4
Gross Receipts
$38,080,493
Mission and Program Overview

Mission

The mission of pa virtual is to provide pennsylvania students with an excellent education, grounded in high academic standards, which will help them achieve their full academic and social potential.

Major Activities

Activity 2
Federal title programs (title i, ii). Title i is authorized by the no child left behind act of 2001, which is the largest federally funded educational program. The purpose of this title is to ensure that all children have a fair, equal, and significant opportunity to obtain a high-quality education and reach, at a minimum, proficiency on challenging state academic achievement standards and state academic assessments. This program authorized by congress, provides supplemental funds to school districts and designed to assist students in meeting state content and performance standards in reading, language arts, and mathematics (basic programs). Title ii provides funding for professional development to support achievement and maintain a highly qualified teaching staff.
Activity 3
Idea - the amendments to the individuals with disabilities education improvement act (ideia) of 2004 and pennsylvania regulations mandate that every charter school in the state develop a system to identify children with disabilities who are enrolled in the school. Pavcs will locate, identify, and evaluate children who enroll in pavcs in accordance with all federal regulations and state standards. In addition pavcs shall provide an eligible child and his/her parent/guardian with safeguards, as required by applicable law. Pavcs incurred expenses for physical support services, psychological testing, and speech support services while carrying out its program for students with disabilities.
Filing and Contact Details

Filer

EIN
23-3075231
Raw XML AppendixShowing 400 of 517 raw XML fields

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IRS990/Activity2/Description0FEDERAL TITLE PROGRAMS (TITLE I, II). TITLE I IS AUTHORIZED BY THE NO CHILD LEFT BEHIND ACT OF 2001, WHICH IS THE LARGEST FEDERALLY FUNDED EDUCATIONAL PROGRAM. THE PURPOSE OF THIS TITLE IS TO ENSURE THAT ALL CHILDREN HAVE A FAIR, EQUAL, AND SIGNIFICANT OPPORTUNITY TO OBTAIN A HIGH-QUALITY EDUCATION AND REACH, AT A MINIMUM, PROFICIENCY ON CHALLENGING STATE ACADEMIC ACHIEVEMENT STANDARDS AND STATE ACADEMIC ASSESSMENTS. THIS PROGRAM AUTHORIZED BY CONGRESS, PROVIDES SUPPLEMENTAL FUNDS TO SCHOOL DISTRICTS AND DESIGNED TO ASSIST STUDENTS IN MEETING STATE CONTENT AND PERFORMANCE STANDARDS IN READING, LANGUAGE ARTS, AND MATHEMATICS (BASIC PROGRAMS). TITLE II PROVIDES FUNDING FOR PROFESSIONAL DEVELOPMENT TO SUPPORT ACHIEVEMENT AND MAINTAIN A HIGHLY QUALIFIED TEACHING STAFF.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0IN A LETTER DATED JANUARY 2003, THE INTERNAL REVENUE SERVICE DETERMINED THAT THE PENNSYLVANIA VIRTUAL CARTER SCHOOL, A NOT-FOR-PROFIT ORGANIZATION, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. IN ACCORDANCE WITH THE FASB ASC SECTION REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE SCHOOL IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION IN THE FINANCIAL STATEMENTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE SCHOOL'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE SCHOOL WILL NOT BE SUBJECT TO ADDITIONAL TAX PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, THE SCHOOL'S TAX RETURNS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/OtherLandBuildings/BookValue032144
IRS990ScheduleD/OtherLandBuildings/Depreciation031677
IRS990ScheduleD/OtherLandBuildings/InvestmentCostOrOtherBasis063821
IRS990ScheduleD/PriorPeriodAdjustments0375018
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal038080493
IRS990ScheduleD/TotalAdjustments0375018
IRS990ScheduleD/TotalExpenses037397477
IRS990ScheduleD/TotalExpensesPerForm990037397477
IRS990ScheduleD/TotalOfBookValueLandBuildings02008019
IRS990ScheduleD/TotalRevenue038080493
IRS990ScheduleD/TotalRevenuePerForm990038080493
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt037397477
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt038080493
IRS990ScheduleE/ComplianceWithRevProc755001
IRS990ScheduleE/DiscriminateRaceAdmissPolicies00
IRS990ScheduleE/DiscriminateRaceAthleticProg00
IRS990ScheduleE/DiscriminateRaceEducPolicies00
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty00
IRS990ScheduleE/DiscriminateRaceOtherActy00
IRS990ScheduleE/DiscriminateRaceScholarships00
IRS990ScheduleE/DiscriminateRaceStudentsRights00
IRS990ScheduleE/DiscriminateRaceUseOfFclts00
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE NON-DISCRIMINATORY POLICY IS AVAILABLE TO ALL PARTS OF THE GENERAL COMMUNITY SERVED VIA THE ORGANIZATION'S WEBSITE, UNDER THE ENROLLMENT SECTION AT WWW.PAVCSK12.ORG.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1THE ORGANIZATION IS A STATE-CHARTERED, PUBLIC SCHOOL. AS SUCH, IT RECEIVES GRANTS AND SUBSIDIES AS GRANTEE OR SUB-GRANTEE FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0163769
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg1125515
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg026513
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg120003
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0JOANNE BARNETT
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1JOSE PARRILLA
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg07992
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg16994
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0198274
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg1152512

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.$50.7$8.79$41.9$63.4$51.1$12.3
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.6$10.0$29.6$56.4$52.8$3.68
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.5$4.60$25.9$56.3$49.8$6.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$5.44$19.5$49.1$41.1$7.99
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$9.19$11.5$33.4$34.3$0.90
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$4.82$12.4$31.7$32.8$1.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.2$4.72$13.4$31.1$31.9$0.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$4.85$14.2$29.1$29.0$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$3.30$14.1$30.1$29.3$0.72
2015Detailed filing. Detailed filing data is available for this year.$17.2$3.84$13.4$29.9$28.7$1.29
2014Detailed filing. Detailed filing data is available for this year.$16.8$4.76$12.1$31.6$30.1$1.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$4.03$10.6$36.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$2.69$12.4$38.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$3.98$12.1$37.4
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$8.21$11.1$36.3