Civic Intelligence

Tacony Neighborhood Charter School

990 • Fiscal year 2020 • EIN 26-4265665

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 09, 2020

1330 Rhawn StreetPhiladelphia, PA 19111

(215) 743-3100

Siviq Scores

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

Liabilities / Assets

99th percentile

1.82x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

1.03x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

37th percentile

0.4%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

59th percentile

$200,830

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

40th percentile

3.7%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

3.4%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,385,390

Up $337,792 (+3.7%) from 2019

Net Assets

Up

-$7,718,089

Up $63,985 (+0.8%) from 2019

Liabilities

Up

$17,103,479

Up $273,807 (+1.6%) from 2019

Revenue

Up

$16,576,515

Up $546,654 (+3.4%) from 2019

Expenses

Up

$16,512,537

Up $492,077 (+3.1%) from 2019

Net Income

Up

$63,978

Up $54,577 (+581%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $754,152Liabilities 2010: $633,653Net Assets 2010: $120,4992010Assets 2011: $1,983,504Liabilities 2011: $1,571,235Net Assets 2011: $412,2692011Assets 2012: $2,567,776Liabilities 2012: $955,870Net Assets 2012: $1,611,9062012Assets 2013: $10,662,174Liabilities 2013: $7,073,733Net Assets 2013: $3,588,4412013Assets 2014: $6,393,067Liabilities 2014: $1,385,432Net Assets 2014: $5,007,6352014Assets 2015: $9,793,350Liabilities 2015: $15,117,079Net Assets 2015: -$5,323,7292015Assets 2016: $9,397,109Liabilities 2016: $15,504,159Net Assets 2016: -$6,107,0502016Assets 2017: $9,935,968Liabilities 2017: $17,848,976Net Assets 2017: -$7,913,0082017Assets 2018: $9,641,043Liabilities 2018: $17,432,517Net Assets 2018: -$7,791,4742018Assets 2019: $9,047,598Liabilities 2019: $16,829,672Net Assets 2019: -$7,782,0742019Assets 2020: $9,385,390Liabilities 2020: $17,103,479Net Assets 2020: -$7,718,0892020Assets 2021: $10,427,351Liabilities 2021: $17,367,235Net Assets 2021: -$6,939,8842021Assets 2022: $38,293,093Liabilities 2022: $45,668,738Net Assets 2022: -$7,375,6452022Assets 2023: $36,855,561Liabilities 2023: $43,659,749Net Assets 2023: -$6,804,1882023Assets 2024: $34,414,430Liabilities 2024: $42,017,448Net Assets 2024: -$7,603,0182024

Highlighted filing

2020

Assets$9,385,390
Liabilities$17,103,479
Net Assets-$7,718,089

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $4,350,4502010Expenses 2011: $6,662,8562011Expenses 2012: $7,699,8202012Expenses 2013: $8,639,2842013Revenue 2014: $13,585,057Expenses 2014: $12,165,864Net Income 2014: $1,419,1932014Revenue 2015: $13,197,299Expenses 2015: $13,502,981Net Income 2015: -$305,6822015Revenue 2016: $13,266,375Expenses 2016: $14,049,696Net Income 2016: -$783,3212016Revenue 2017: $13,784,071Expenses 2017: $14,762,980Net Income 2017: -$978,9092017Revenue 2018: $15,760,075Expenses 2018: $15,046,541Net Income 2018: $713,5342018Revenue 2019: $16,029,861Expenses 2019: $16,020,460Net Income 2019: $9,4012019Revenue 2020: $16,576,515Expenses 2020: $16,512,537Net Income 2020: $63,9782020Revenue 2021: $18,970,925Expenses 2021: $18,192,713Net Income 2021: $778,2122021Revenue 2022: $20,635,461Expenses 2022: $21,071,222Net Income 2022: -$435,7612022Revenue 2023: $24,298,732Expenses 2023: $23,727,275Net Income 2023: $571,4572023Revenue 2024: $23,050,335Expenses 2024: $23,849,165Net Income 2024: -$798,8302024

Highlighted filing

2020

Revenue$16,576,515
Expenses$16,512,537
Net Income$63,978
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 9, 2020
Return Version
2019v5.1
Gross Receipts
$16,576,515
Mission and Program Overview

Mission

To enhance, support, and promote creative and critical thinking as well as the problem solving skills of school-age learners in the making of original inventions as amazing solutions to puzzling problems while mastering pennsylvania and national standards. The school's mission also extends to nurturing a love, respect, and appreciation for life long learning.

To enhance, support, and promote creative and critical thinking as well as the problem solving skills of school-age learners in the making of original inventions as amazing solutions to puzzling problems while mastering pennsylvania and national standards. The school's mission also extends to nurturing a love, respect, and appreciation for life long learning. The charter school's enrollment is from k through 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,124,387$5,065,381▼ $59,006
Land, Buildings, and Equipment, Net$609,294$794,074▲ $184,780
Other Notes and Loans Receivable, Net$838,276$699,734▼ $138,542
Pledges and Grants Receivable$439,265$423,501▼ $15,764
Accounts Receivable$89,682$309,932▲ $220,250
Prepaid Expenses and Deferred Charges$61,937$180,339▲ $118,402
Total Assets$9,047,598$9,385,390▲ $337,792
Other Assets Total$1,884,757$1,912,429▲ $27,672
Liabilities
Other Liabilities$16,366,109$16,374,299▲ $8,190
Accounts Payable and Accrued Expenses$362,244$638,979▲ $276,735
Deferred Revenue$59,258$61,455▲ $2,197
Mortgage Notes Payable Secured by Investment Property$42,061$28,746▼ $13,315
Total Liabilities$16,829,672$17,103,479▲ $273,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-7,782,074$-7,718,089▲ $63,985
Total Net Assets Fund Balance$-7,782,074$-7,718,089▲ $63,985
Total Liabilities and Net Assets / Fund Balance$9,047,598$9,385,390▲ $337,792

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$446,153$119,400$565,553
Equipment$266,995$132,850$399,845
Other Land Buildings$80,926$99,631$180,557
Other Assets Org$1,912,429--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas ScheidCEOFT$147,385$53,445$200,830

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
American Paradigm SchoolsManagement Services8101 CASTOR AVENUE, Philadelphia, PA 19152$997,471
Independence Blue CrossInsurance Services1901 MARKET STREET, Philadelphia, PA 19178$936,420
Maschio's Food Service INCFood Service525 E MAIN ST, Chester, NJ 07930$533,225
R&a Personal Touch Cleaning Service INCCleaning Services618 MAPLE AVE, Philadelphia, PA 19116$250,000
Santilli & Thompson LLCBusiness Management601 ROUTE 73 N SUITE 302, Marlton, NJ 08053$141,884
Revenue and Support

Revenue Composition

Contributions and Grants
$2,028,660
Program Service Revenue
$14,397,957
Investment Income
$34,414
Other Revenue
$115,484
All Other Contributions
$53,657
Change in Net Assets
$63,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,576,515
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$16,576,515
Total Revenue per Form 990
$16,576,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,002,860
Other Expenses$7,509,677
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,557,443$1,449,808-$6,007,251
Occupancy$3,125,527$378,695-$3,504,222
Pension Plan Contributions$845,294$341,472-$1,186,766
Other Employee Benefits$942,448$208,978-$1,151,426
Fees for Services Management-$1,003,515-$1,003,515
Fees for Services Other$212,698$382,327-$595,025
Payroll Taxes$376,334$131,511-$507,845
Office Expenses$64,691$197,107-$261,798
All Other Expenses$50,288$176,695-$226,983
Insurance$27,301$122,548-$149,849
Depreciation Depletion$93,047$56,785-$149,832
Current Officers, Directors, Trustees, and Key Employees-$149,572-$149,572
Other Expenses$142,498$12,821-$142,498
Fees for Services Legal-$114,695-$114,695
Fees for Services Accounting-$28,905-$28,905
Conferences and Meetings-$9,368-$9,368
Advertising-$7,170-$7,170
Travel-$5,950-$5,950
Interest-$1,864-$1,864
Total Functional Expenses$11,732,751$4,779,786$0$16,512,537

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,512,537
Total Expenses per Audited Statements$16,512,537
Total Expenses per Form 990$16,512,537
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$12,912,000
Accrued Salaries and Benefits$1,330,739
Deferred Rent$826,188
Deferred Inflows of Resources$707,000
Net Opeb Liability$587,000
Due to Student Groups$11,372
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
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 B, Line 11B

The board of directors, together with their fiscal managers, review form 990 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 15

Board of trustees/directors approves all compensation. The board of directors uses comparable state and local salary ranges when determining compensation for the school's employees.

Form 990, Part VI, Section C, Line 19

The school makes all governing documents, policies, and financial statements available to the public upon written request as well as on its website and guidestar.

Filing and Contact Details

Filer

Filer Name
Tacony Academy Charter School
EIN
26-4265665
Phone
2157433100
Address
1330 RHAWN STREET, PHILADELPHIA, PA 19111

Signing Officer

Name
Thomas Scheid
Title
CEO/principal
Phone
2157433100
Signed
2020-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Scheid
Formed
2007
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
138
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 XI, LINE 9:

ROUNDING 7.

FORM 990, PART XII, LINE 2C:

The process has not changed from last 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, 2020, 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, 2017.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01975003
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt016576515
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0122548
IRS990/InsuranceGrp/ProgramServicesAmt027301
IRS990/InsuranceGrp/TotalAmt0149849
IRS990/InterestGrp/ManagementAndGeneralAmt01864
IRS990/InterestGrp/TotalAmt01864
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034414
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034414
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0351881
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0609294
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0794074
IRS990/LandBldgEquipCostOrOtherBssAmt01145955
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE, SUPPORT, AND PROMOTE CREATIVE AND CRITICAL THINKING AS WELL AS THE PROBLEM SOLVING SKILLS OF SCHOOL-AGE LEARNERS IN THE MAKING OF ORIGINAL INVENTIONS AS AMAZING SOLUTIONS TO PUZZLING PROBLEMS WHILE MASTERING PENNSYLVANIA AND NATIONAL STANDARDS. THE SCHOOL'S MISSION ALSO EXTENDS TO NURTURING A LOVE, RESPECT, AND APPRECIATION FOR LIFE LONG LEARNING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt042061
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt028746
IRS990/NetAssetsOrFundBalancesBOYAmt0-7782074
IRS990/NetAssetsOrFundBalancesEOYAmt0-7718089
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-7782074
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-7718089
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0378695
IRS990/OccupancyGrp/ProgramServicesAmt03125527
IRS990/OccupancyGrp/TotalAmt03504222
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0197107
IRS990/OfficeExpensesGrp/ProgramServicesAmt064691
IRS990/OfficeExpensesGrp/TotalAmt0261798
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01884757
IRS990/OtherAssetsTotalGrp/EOYAmt01912429
IRS990/OtherChangesInNetAssetsAmt07
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0208978
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0942448
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01151426
IRS990/OtherExpensesGrp/Desc0TUITION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc2BOOKS AND PERIODICALS
IRS990/OtherExpensesGrp/Desc3TRANSPORTATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012821
IRS990/OtherExpensesGrp/ProgramServicesAmt0585659
IRS990/OtherExpensesGrp/ProgramServicesAmt1497643
IRS990/OtherExpensesGrp/ProgramServicesAmt2211880
IRS990/OtherExpensesGrp/ProgramServicesAmt3142498
IRS990/OtherExpensesGrp/TotalAmt0585659
IRS990/OtherExpensesGrp/TotalAmt1497643
IRS990/OtherExpensesGrp/TotalAmt2224701
IRS990/OtherExpensesGrp/TotalAmt3142498
IRS990/OtherLiabilitiesGrp/BOYAmt016366109
IRS990/OtherLiabilitiesGrp/EOYAmt016374299
IRS990/OtherOrganizationDsc0CHARTER SCHOOL
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0CHILD CARE FEES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt080780
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt134704
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt080780
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt134704
IRS990/OtherRevenueTotalAmt0115484
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01449808
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04557443
IRS990/OtherSalariesAndWagesGrp/TotalAmt06007251
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0838276
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0699734
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0131511
IRS990/PayrollTaxesGrp/ProgramServicesAmt0376334
IRS990/PayrollTaxesGrp/TotalAmt0507845
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0341472
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0845294
IRS990/PensionPlanContributionsGrp/TotalAmt01186766
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0439265
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0423501
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061937
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0180339
IRS990/PrincipalOfficerNm0THOMAS SCHEID
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL DISTRICT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014397067
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014397067
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1890
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02341052
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01200
IRS990/PYOtherExpensesAmt07500772
IRS990/PYOtherRevenueAmt0104936
IRS990/PYProgramServiceRevenueAmt013582673
IRS990/PYRevenuesLessExpensesAmt09401
IRS990/PYSalariesCompEmpBnftPaidAmt08519688
IRS990/PYTotalExpensesAmt016020460
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016029861
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt063978
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014547855
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0266995
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132850
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0399845
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016512537
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0446153
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0119400
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0565553
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01912429
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt080926
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt099631
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0180557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012912000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1707000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt211372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3826188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41330739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5587000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO STUDENT GROUPS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED SALARIES AND BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5NET OPEB LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt016576515
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, 2020, 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, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0794074
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01912429
IRS990ScheduleD/TotalExpensesPerForm990Amt016512537
IRS990ScheduleD/TotalLiabilityAmt016374299
IRS990ScheduleD/TotalRevenuePerForm990Amt016576515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt016576515
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016512537
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 POLICY IS PUBLISHED AT THE BOTTOM OF EACH STUDENT APPLICATION AS WELL AS ANY DOCUMENTS RELEASED TO THE PUBLIC
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1TACONY ACADEMY CHARTER SCHOOL RECEIVES FEDERAL, STATE, AND LOCAL ASSISTANCE FOR THE OPERATION OF THEIR CHARTER SCHOOL
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

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$34.4$42.0$7.60$23.1$23.8$0.80
2023Detailed filing. Detailed filing data is available for this year.$36.9$43.7$6.80$24.3$23.7$0.57
2022Detailed filing. Detailed filing data is available for this year.$38.3$45.7$7.38$20.6$21.1$0.44
2021Detailed filing. Detailed filing data is available for this year.$10.4$17.4$6.94$19.0$18.2$0.78
2020Detailed filing. Detailed filing data is available for this year.$9.39$17.1$7.72$16.6$16.5$0.06
2019Detailed filing. Detailed filing data is available for this year.$9.05$16.8$7.78$16.0$16.0$0.01
2018Detailed filing. Detailed filing data is available for this year.$9.64$17.4$7.79$15.8$15.0$0.71
2017Detailed filing. Detailed filing data is available for this year.$9.94$17.8$7.91$13.8$14.8$0.98
2016Detailed filing. Detailed filing data is available for this year.$9.40$15.5$6.11$13.3$14.0$0.78
2015Detailed filing. Detailed filing data is available for this year.$9.79$15.1$5.32$13.2$13.5$0.31
2014Detailed filing. Detailed filing data is available for this year.$6.39$1.39$5.01$13.6$12.2$1.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$7.07$3.59$8.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.96$1.61$7.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$1.57$0.41$6.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.63$0.12$4.35