Civic Intelligence

Pennsylvania Virtual Charter School

990 • Fiscal year 2017 • EIN 23-3075231

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 10, 2018

630 Park AvenueKing Of Prussia, PA 19406

(610) 275-8500

Siviq Scores

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

Liabilities / Assets

49th percentile

0.25x

Higher debt load relative to assets than 49% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

34th percentile

0.17x

Higher debt load relative to revenue than 34% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

37th percentile

0.4%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$273,442

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

68th percentile

9.7%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-3.2%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$19,078,457

Up $1,680,318 (+9.7%) from 2016

Net Assets

Up

$14,229,097

Up $129,633 (+0.9%) from 2016

Liabilities

Up

$4,849,360

Up $1,550,685 (+47%) from 2016

Revenue

Down

$29,102,760

Down $950,637 (-3.2%) from 2016

Expenses

Down

$28,973,127

Down $359,564 (-1.2%) from 2016

Net Income

Down

$129,633

Down $591,073 (-82%) from 2016

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

2017

Assets$19,078,457
Liabilities$4,849,360
Net Assets$14,229,097

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

2017

Revenue$29,102,760
Expenses$28,973,127
Net Income$129,633
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 10, 2018
Return Version
2016v3.0
Gross Receipts
$29,102,760
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,428,863$8,766,222▲ $337,359
Land, Buildings, and Equipment, Net$4,784,366$5,923,562▲ $1,139,196
Pledges and Grants Receivable$3,853,078$4,123,255▲ $270,177
Prepaid Expenses and Deferred Charges$288,594$228,727▼ $59,867
Total Assets$17,398,139$19,078,457▲ $1,680,318
Other Assets Total$43,238$36,691▼ $6,547
Liabilities
Accounts Payable and Accrued Expenses$3,298,675$3,641,668▲ $342,993
Mortgage Notes Payable Secured by Investment Property-$1,207,692-
Total Liabilities$3,298,675$4,849,360▲ $1,550,685
Net Assets / Fund Balance
Unrestricted Net Assets$14,099,464$14,229,097▲ $129,633
Total Net Assets Fund Balance$14,099,464$14,229,097▲ $129,633
Total Liabilities and Net Assets / Fund Balance$17,398,139$19,078,457▲ $1,680,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,477,448$522,392$3,999,840
Equipment$1,527,222$2,197,358$3,724,580
Land$918,892-$918,892
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joanne BarnettCEO (thru June 2016)FT$224,042$49,400$273,442
Jose ParrillaCheif Financial OfficerFT$191,141$59,439$250,580
Kahlila LeeDean of TeachingFT$184,182$38,712$222,894
John ChandlerCEO (eff July 2016)FT$157,336$57,607$214,943
Jason E BillupsExecutive Director of Institutional AdvancementFT$143,590$47,058$190,648
Jason E BillupsExecutive Director of Institutional-$143,590$47,058$190,648
Sherri TateExecutive Director of HumaFT$128,552$55,945$184,497
Steven SchuttAssitant Dean of TeachingFT$113,208$53,737$166,945
Thomas GillianMiddle School PrincipalFT$109,582$51,348$160,930

Board Members and Trustees

NameTitle
Bonnie M SchaeferPresident
Brenda SachlebenVice President
Dr John Thomas Whetstone IiiBoard Member
Sophia LewisSecretary
Victor ValentineTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Therapy SourceTherapy5215 MILITIA HILL RD, Plymouth Meeting, PA 19462$844,001
Hewlett Packard Finacial ServicesFinance200 CONNELL DR, Berkeley Heights, NJ 07922$736,164
Ellingsen And AssociatesTherapy13 BARKSDALE PROFESSIONAL CENTER, Newark, DE 19711$374,745
Blackboard INCOnline School Services1111 19TH ST NW, Washington, DC 20036$355,331
Latsha Davis Yohe & MckennaLegal350 EAGLEVIEW BLVD SUITE 100, Exton, PA 19341$289,757
Revenue and Support

Revenue Composition

Contributions and Grants
$29,074,547
Program Service Revenue
$0
Investment Income
$21,547
Other Revenue
$6,666
Change in Net Assets
$129,633

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,102,760
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$29,102,760
Total Revenue per Form 990
$29,102,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,583,909
Other Expenses$13,389,218
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,387,201$6,110,761-$9,497,962
Information Technology$4,427,891--$4,427,891
Pension Plan Contributions$1,067,651$1,580,618-$2,648,269
Other Employee Benefits$891,681$1,320,099-$2,211,780
Office Expenses$1,053,427$687,412-$1,740,839
Depreciation Depletion$609,359$220,410-$829,769
Payroll Taxes$285,257$422,313-$707,570
Current Officers, Directors, Trustees, and Key Employees$189,775$328,553-$518,328
Occupancy$878$453,830-$454,708
Fees for Services Other$288,994$161,628-$450,622
Fees for Services Legal-$343,127-$343,127
Travel$67,079$218,954-$286,033
Advertising-$285,993-$285,993
Insurance-$98,445-$98,445
Interest-$76,485-$76,485
Other Expenses$1,451$60,050-$61,501
All Other Expenses-$17,696-$17,696
Total Functional Expenses$16,513,118$12,460,009$0$28,973,127

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$28,973,127
Total Expenses per Audited Statements$28,973,127
Total Expenses per Form 990$28,973,127
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 8B

Not applicable - no committee exists that can act on behalf of the governing body.

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

The 990 is prepared by an outside independent cpa firm based on the school's annual, independent audit. The 990 is reviewed by the school's cfo prior to submission.

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

The organization's trustees and key employees are required to file an annual statement of financial disclosure with the state of pennsylvania. The governing body reviews these filings for existence and completeness and considers any conflict of interest implications.

Form 990, Part VI, Section B, Line 15

The board of trustees, along with outside counsel, determine compensation for the organization's top management officials. In regards to other key employees, the human resource department completes any necessary comparability studies and issues employment agreements to such individuals, which are signed by the school's cfo. All employment agreements are documented and disclosed at school board meetings as required by law.

Form 990, Part VI, Section C, Line 18

Form 1023 and form 990 are available upon request. Additionally, form 990 is available on guidestar.org.

Form 990, Part VI, Section C, Line 19

The organization's annual reports, annual audits, board of trustee minutes, charter documents, and operating budgets are available on it's website. Other governing documents and the conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Pennsylvania Virtual Charter School
EIN
23-3075231
Phone
6102758500
Address
630 PARK AVENUE, KING OF PRUSSIA, PA 19406

Signing Officer

Name
Jose Parrilla
Title
Chief Financial Officer
Phone
6102758500
Signed
2018-04-10

Organization Details

Principal Officer
John Chandler
Formed
2001
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
211
Volunteers
5

Preparer

Firm
Barbacane Thornton & Company Llp
Address
200 SPRINGER BLDG 3411 SILVERSIDE, RD, WILMINGTON, DE 19810-4866
Preparer
Jeffrey a Kowalczyk CPA
Phone
3024788940
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a finance committee that is responsible for oversight of the financial reporting process.

Financial Statement Notes

PART X, LINE 2:

The pennsylvania virtual charter school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the school's tax-exempt purpose may be subject to taxation as unrelated business income. Generally accepted accounting principles prescribe rules for the recognition, measurement, classification, and disclosure in the financial statements of uncertain tax positions taken or expected to be taken in the school's tax returns. Management has determined that the school does not have any uncertain tax positions or associated unrecognized benefits that materially impact the financial statements or related disclosures. 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5224042
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6191141
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7157336
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8109582
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9184182
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10143590
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11128552
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12113208
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO (THRU JUNE 2016)
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHEIF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO (EFF JULY 2016)
IRS990/Form990PartVIISectionAGrp/TitleTxt8MIDDLE SCHOOL PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt9DEAN OF TEACHING
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR OF INSTITUTIONAL ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR OF HUMA
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSITANT DEAN OF TEACHING
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt029074547
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt029102760
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04427891
IRS990/InformationTechnologyGrp/TotalAmt04427891
IRS990/InsuranceGrp/ManagementAndGeneralAmt098445
IRS990/InsuranceGrp/TotalAmt098445
IRS990/InterestGrp/ManagementAndGeneralAmt076485
IRS990/InterestGrp/TotalAmt076485
IRS990/InvestmentIncomeGrp/ExclusionAmt021547
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021547
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02719750
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04784366
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05923562
IRS990/LandBldgEquipCostOrOtherBssAmt08643312
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01207692
IRS990/NetAssetsOrFundBalancesBOYAmt014099464
IRS990/NetAssetsOrFundBalancesEOYAmt014229097
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0453830
IRS990/OccupancyGrp/ProgramServicesAmt0878
IRS990/OccupancyGrp/TotalAmt0454708
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0687412
IRS990/OfficeExpensesGrp/ProgramServicesAmt01053427
IRS990/OfficeExpensesGrp/TotalAmt01740839
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt043238
IRS990/OtherAssetsTotalGrp/EOYAmt036691
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01320099
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0891681
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02211780
IRS990/OtherExpensesGrp/Desc0BOOKS & MATERIALS
IRS990/OtherExpensesGrp/Desc1SPECIAL EDUCATION SERVI
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0815
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt172820
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt260050
IRS990/OtherExpensesGrp/ProgramServicesAmt02138481
IRS990/OtherExpensesGrp/ProgramServicesAmt12103993
IRS990/OtherExpensesGrp/ProgramServicesAmt21451
IRS990/OtherExpensesGrp/TotalAmt02139296
IRS990/OtherExpensesGrp/TotalAmt12103993
IRS990/OtherExpensesGrp/TotalAmt272820
IRS990/OtherExpensesGrp/TotalAmt361501
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt06666
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06666
IRS990/OtherRevenueTotalAmt06666
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06110761
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03387201
IRS990/OtherSalariesAndWagesGrp/TotalAmt09497962
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0422313
IRS990/PayrollTaxesGrp/ProgramServicesAmt0285257
IRS990/PayrollTaxesGrp/TotalAmt0707570
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01580618
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01067651
IRS990/PensionPlanContributionsGrp/TotalAmt02648269
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03853078
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04123255
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0288594
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0228727
IRS990/PrincipalOfficerNm0JOHN CHANDLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0FEDERAL 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.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0684512
IRS990/ProgSrvcAccomActy3Grp/Desc0IDEA - 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.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0392394
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TITLE II (IMPROVING TEACHER QUALITY), SCHOOL IMPROVEMENT, & NON-INSTRUCTIONAL SERVICES
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt030015657
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08281
IRS990/PYOtherExpensesAmt014345453
IRS990/PYOtherRevenueAmt029459
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0720706
IRS990/PYSalariesCompEmpBnftPaidAmt014987238
IRS990/PYTotalExpensesAmt029332691
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt030053397
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0129633
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08428863
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08766222
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03477448
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0522392
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03999840
IRS990ScheduleD/EquipmentGrp/BookValueAmt01527222
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02197358
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03724580
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt028973127
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0918892
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0918892
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt029102760
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PENNSYLVANIA VIRTUAL CHARTER SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE SCHOOL'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE SCHOOL DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05923562
IRS990ScheduleD/TotalExpensesPerForm990Amt028973127
IRS990ScheduleD/TotalRevenuePerForm990Amt029102760
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt029102760
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028973127
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE 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/SupplementalInformationDetail/ExplanationTxt1THE 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/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

Document Assets

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