Civic Intelligence

8001 Torresdale Corporation

EIN 23-3086658 • 501(c)3 • Philadelphia, PA

Pub. 78 Eligible

Profile

The purpose of the organization is to support the health, welfare and educational interest of new foundations charter school, a pennsylvania nonprofit corporation exempt as described in section 501(c)(3) of the internal revenue code.

8001 Torresdale AvenuePhiladelphia, PA 19136

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.84x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

14.00x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

15th percentile

-14%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

19th percentile

-4.2%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

21st percentile

-8.9%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$21,774,070

Down $962,014 (-4.2%) from 2024

Liabilities

Down

$18,312,991

Down $785,413 (-4.1%) from 2024

Net Assets

Down

$3,461,079

Down $176,601 (-4.9%) from 2024

Operations
Liabilities / Revenue97th percentileNet Margin15th percentile

Revenue

Down

$1,307,615

Down $128,520 (-8.9%) from 2024

Expenses

Up

$1,484,216

Up $357,068 (+32%) from 2024

Net Income

Down

-$176,601

Down $485,588 (-157%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $12,284,041Liabilities 2010: $10,311,865Net Assets 2010: $1,972,1762010Assets 2011: $11,991,881Liabilities 2011: $9,992,275Net Assets 2011: $1,999,6062011Assets 2012: $26,585,130Liabilities 2012: $24,491,070Net Assets 2012: $2,094,0602012Assets 2013: $25,665,081Liabilities 2013: $24,050,401Net Assets 2013: $1,614,6802013Assets 2014: $25,525,026Liabilities 2014: $22,844,213Net Assets 2014: $2,680,8132014Assets 2015: $25,673,657Liabilities 2015: $22,521,865Net Assets 2015: $3,151,7922015Assets 2016: $25,795,880Liabilities 2016: $22,158,536Net Assets 2016: $3,637,3442016Assets 2017: $26,429,772Liabilities 2017: $22,529,283Net Assets 2017: $3,900,4892017Assets 2018: $25,257,214Liabilities 2018: $20,961,459Net Assets 2018: $4,295,7552018Assets 2019: $25,550,010Liabilities 2019: $21,408,321Net Assets 2019: $4,141,6892019Assets 2020: $24,783,064Liabilities 2020: $21,028,492Net Assets 2020: $3,754,5722020Assets 2021: $24,177,744Liabilities 2021: $20,557,433Net Assets 2021: $3,620,3112021Assets 2022: $23,547,563Liabilities 2022: $20,136,089Net Assets 2022: $3,411,4742022Assets 2023: $23,016,637Liabilities 2023: $19,687,944Net Assets 2023: $3,328,6932023Assets 2024: $22,736,084Liabilities 2024: $19,098,404Net Assets 2024: $3,637,6802024Assets 2025: $21,774,070Liabilities 2025: $18,312,991Net Assets 2025: $3,461,0792025

Highlighted filing

2025

Assets$21,774,070
Liabilities$18,312,991
Net Assets$3,461,079
Open 2025 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $956,9702010Revenue 2011: $972,000Expenses 2011: $944,570Net Income 2011: $27,4302011Expenses 2012: $1,143,7162012Expenses 2013: $1,992,2122013Revenue 2014: $2,593,247Expenses 2014: $2,260,419Net Income 2014: $332,8282014Revenue 2015: $2,603,409Expenses 2015: $2,132,430Net Income 2015: $470,9792015Revenue 2016: $2,608,231Expenses 2016: $2,122,678Net Income 2016: $485,5532016Revenue 2017: $2,407,790Expenses 2017: $2,144,645Net Income 2017: $263,1452017Revenue 2018: $2,425,504Expenses 2018: $2,030,241Net Income 2018: $395,2632018Revenue 2019: $2,013,197Expenses 2019: $2,167,263Net Income 2019: -$154,0662019Revenue 2020: $2,005,210Expenses 2020: $2,392,327Net Income 2020: -$387,1172020Revenue 2021: $2,011,182Expenses 2021: $2,145,443Net Income 2021: -$134,2612021Revenue 2022: $1,955,089Expenses 2022: $2,163,926Net Income 2022: -$208,8372022Revenue 2023: $2,040,758Expenses 2023: $2,123,539Net Income 2023: -$82,7812023Revenue 2024: $1,436,135Expenses 2024: $1,127,148Net Income 2024: $308,9872024Revenue 2025: $1,307,615Expenses 2025: $1,484,216Net Income 2025: -$176,6012025

Highlighted filing

2025

Revenue$1,307,615
Expenses$1,484,216
Net Income-$176,601
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$21,774,070
Liabilities
$18,312,991
Net assets
$3,461,079
Revenue
$1,307,615
Expenses
$1,484,216
Net income
-$176,601
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$18.3$3.46$1.31$1.48$0.18
2024Detailed filing. Detailed filing data is available for this year.$22.7$19.1$3.64$1.44$1.13$0.31
2023Detailed filing. Detailed filing data is available for this year.$23.0$19.7$3.33$2.04$2.12$0.08
2022Detailed filing. Detailed filing data is available for this year.$23.5$20.1$3.41$1.96$2.16$0.21
2021Detailed filing. Detailed filing data is available for this year.$24.2$20.6$3.62$2.01$2.15$0.13
2020Detailed filing. Detailed filing data is available for this year.$24.8$21.0$3.75$2.01$2.39$0.39
2019Detailed filing. Detailed filing data is available for this year.$25.6$21.4$4.14$2.01$2.17$0.15
2018Detailed filing. Detailed filing data is available for this year.$25.3$21.0$4.30$2.43$2.03$0.40
2017Detailed filing. Detailed filing data is available for this year.$26.4$22.5$3.90$2.41$2.14$0.26
2016Detailed filing. Detailed filing data is available for this year.$25.8$22.2$3.64$2.61$2.12$0.49
2015Detailed filing. Detailed filing data is available for this year.$25.7$22.5$3.15$2.60$2.13$0.47
2014Detailed filing. Detailed filing data is available for this year.$25.5$22.8$2.68$2.59$2.26$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$24.1$1.61$1.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.6$24.5$2.09$1.14
2011Summary only. Only limited summary data is available for this year.$12.0$9.99$2.00$0.97$0.94$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$10.3$1.97$0.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$2,120,589
Mission and Program Overview

Mission

The purpose of the organization is to support the health, welfare and educational interest of new foundations charter school, a pennsylvania nonprofit corporation exempt as described in section 501(c)(3) of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,177,424$16,476,527▼ $700,897
Savings and Temporary Cash Investments$2,740,553$2,732,793▼ $7,760
Cash and Non-Interest-Bearing Accounts$1,322,830$1,144,763▼ $178,067
Prepaid Expenses and Deferred Charges$89,307$105,950▲ $16,643
Total Assets$22,736,084$21,774,070▼ $962,014
Other Assets Total$1,405,970$1,314,037▼ $91,933
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,973,521$18,305,496▼ $668,025
Other Liabilities$116,477$0▼ $116,477
Accounts Payable and Accrued Expenses$8,406$7,495▼ $911
Total Liabilities$19,098,404$18,312,991▼ $785,413
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,637,680$3,461,079▼ $176,601
Total Net Assets Fund Balance$3,637,680$3,461,079▼ $176,601
Total Liabilities and Net Assets / Fund Balance$22,736,084$21,774,070▼ $962,014

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,798,960$9,842,812$25,641,772
Land$677,567-$677,567
Other Assets Org$1,314,037--
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Terry CantorPresident
Kevin LindnerMember
Tim KellyMember
Helen AnhaltSecretary
Paul StadelbergerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$146,349
Other Revenue
$1,161,266
Change in Net Assets
$-176,601

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,307,615
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$812,974
Total Revenue per Audited Statements
$2,120,589
Total Revenue per Form 990
$1,307,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,484,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,046,594--$1,046,594
Other Expenses-$381,093-$381,093
Fees for Services Management-$24,519-$24,519
Fees for Services Accounting-$12,715-$12,715
Fees for Services Legal-$9,385-$9,385
Fees for Services Other-$7,200-$7,200
Office Expenses-$2,710-$2,710
Total Functional Expenses$1,046,594$437,622$0$1,484,216

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,297,190
Expenses per Audited Statements$1,484,216
Total Expenses per Form 990$1,484,216
Expenses Not Reported on Form 990$812,974
Expenses Not Reported on Financial Statements$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

Bond Issues

BondIssuerIssuedIssue PricePurpose
APhiladelphia Authority for Industrial Development2018-12-17$9,605,000Refinance of 2007 fulton bank loans

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,605,000-$685,000$190,997

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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 35% controlled entity
No
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has a contract with a third party entity as the management company, handling administrative and organizational duties.”

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

“The board members were each given a copy of the form 990 for review and comments.”

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

“Each year, all board members, officers and key employees complete conflict of interest forms which are reviewed by the board president and ceo.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policies and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
8001 Torresdale Corporation
EIN
23-3086658
Phone
8565051300
Address
8001 TORRESDALE AVENUE, PHILADELPHIA, PA 19136

Signing Officer

Name
Terry Cantor
Title
Board President
Phone
8565051300
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Cantor
Formed
2001
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Maillie Llp
Address
500 NORTH LEWIS RD, LIMERICK, PA 19468
Preparer
Michael Gentile CPA
Phone
6109351420
Supplemental Narrative

Additional Explanations

From 990, Part XII, Line 2C

“The process has not changed.”

Financial Statement Notes

PART X, LINE 2:

“The foundation recognizes and measures its unrecognized tax benefits in accordance with fasb asc 740, income taxes. Using that guidance, 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 the taxing authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of june 30, 2025, the foundation had no uncertain tax positions that qualified for either recognition or disclosure in the accompanying financial statements. Additionally, the foundation had no interest and penalties related to income taxes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 812,974.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 812,974.”

Raw XML AppendixShowing 400 of 433 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/PrepaidExpensesDefrdChargesGrp/EOYAmt0105950
IRS990/PrincipalOfficerNm0TERRY CANTOR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0156496
IRS990/PYOtherExpensesAmt01127148
IRS990/PYOtherRevenueAmt01279639
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0308987
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01127148
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01436135
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-176601
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01161266
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01161266
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02740553
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02732793
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0233040993
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NEW FOUNDATIONS CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015798960
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09842812
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025641772
IRS990ScheduleD/ExpensesNotReportedAmt0812974
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01484216
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0677567
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0677567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01314037
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherExpensesIncludedAmt0812974
IRS990ScheduleD/OtherRevenueAmt0812974
IRS990ScheduleD/RevenueNotReportedAmt0812974
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01307615
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, 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 THE TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF JUNE 30, 2025, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, THE FOUNDATION HAD NO INTEREST AND PENALTIES RELATED TO INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 812,974.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 812,974.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016476527
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01314037
IRS990ScheduleD/TotalExpensesPerForm990Amt01484216
IRS990ScheduleD/TotalRevenuePerForm990Amt01307615
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02120589
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02297190
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02018-12-17
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0232237287
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09605000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFINANCE OF 2007 FULTON BANK LOANS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0190997
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0685000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02002
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt09605000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A CONTRACT WITH A THIRD PARTY ENTITY AS THE MANAGEMENT COMPANY, HANDLING ADMINISTRATIVE AND ORGANIZATIONAL DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS WERE EACH GIVEN A COPY OF THE FORM 990 FOR REVIEW AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR, ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES COMPLETE CONFLICT OF INTEREST FORMS WHICH ARE REVIEWED BY THE BOARD PRESIDENT AND CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FROM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEW FOUNDATIONS CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0233040993
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08001 TORRESDALE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019136
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt022736084
IRS990/TotalAssetsEOYAmt021774070
IRS990/TotalAssetsGrp/BOYAmt022736084
IRS990/TotalAssetsGrp/EOYAmt021774070
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0437622
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01046594
IRS990/TotalFunctionalExpensesGrp/TotalAmt01484216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019098404
IRS990/TotalLiabilitiesEOYAmt018312991
IRS990/TotalLiabilitiesGrp/BOYAmt019098404
IRS990/TotalLiabilitiesGrp/EOYAmt018312991
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03637680
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03461079
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01046594
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0146349
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01161266
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01307615
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022736084
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021774070
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08001 TORRESDALE AVENUE
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA

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